# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-23-071903
**Filing Date:** 2023-3
**Character Count:** 8079134
**Document Hash:** dd8d20a94cf8257d5c68f5ebcf4c0298
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-071903.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-071903

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663
- **IRS NUMBER:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 23774095

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares Core Total USD Bond Market ETF (Series ID: S000045644)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000141927 | iShares Core Total USD Bond Market ETF | IUSB            |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br>(000)* | *Value* |
| **Asset-Backed Securities** |  |  |
| American Express Credit Account Master Trust |  |  |
| &nbsp;&nbsp;&nbsp;4.95%, 10/15/27 | $13000 | $13191846 |
| &nbsp;&nbsp;&nbsp;Series 2018-2, Class A, 3.01%, 10/15/25 | 2000 | 1996082 |
| &nbsp;&nbsp;&nbsp;Series 2022-2, Class A, 3.39%, 05/15/27 | 10000 | 9764726 |
| BA Credit Card Trust Series 2021-A1, Class A1, 0.44%, 09/15/26 | 5020 | 4747393 |
| Capital One Multi-Asset Execution Trust |  |  |
| &nbsp;&nbsp;&nbsp;Class A2, 1.39%, 07/15/30 | 1000 | 865461 |
| &nbsp;&nbsp;&nbsp;Series 2021-A1, Class A1, 0.55%, 07/15/26 | 2500 | 2347926 |
| Carmax Auto Owner Trust 2021-1 Series 2021-1, Class A3, 0.34%, 12/15/25 (Call 02/15/25) | 3924 | 3786523 |
| Ford Credit Auto Owner Trust Series 2020-C A4, 0.51%, 08/15/26 (Call 12/15/24) | 5940 | 5515342 |
| GM Financial Consumer Automobile Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;4.66%, 02/16/28 | 6190 | 6209837 |
| &nbsp;&nbsp;&nbsp;4.59%, 07/17/28 | 1170 | 1176538 |
| &nbsp;&nbsp;&nbsp;Series 2020-2, Class A3, 1.49%, 12/16/24 (Call 01/16/24) | 394 | 389325 |
| Hyundai Auto Receivables Trust Series 2020-B A3, 0.48%, 12/16/24 (Call 06/15/24) | 502 | 495739 |
| Santander Drive Auto Receivables Trust |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 04/15/27 | 5000 | 4990069 |
| &nbsp;&nbsp;&nbsp;5.09%, 05/15/30 | 8530 | 8500252 |
| Toyota Auto Receivables Owner Trust Series 2021-B, Class A4, 0.53%, 10/15/26 (Call 05/15/25) | 1100 | 1011209 |
| Verizon Master Trust Series 2021-1, Class A, 0.50%, 05/20/27 (Call 05/20/24) | 1910 | 1804435 |
| World Omni Select Auto Trust Series 2020-A, Class A3, 0.55%, 07/15/25 (Call 05/15/24) | 196 | 194206 |
| **Total Asset-Backed Securities — 0.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $68,416,273)** |  | 66986909 |
| **Collaterized Mortgage Obligations** |  |  |
| **Mortgage-Backed Securities — 0.8%** |  |  |
| Bank, Series 2020-BN27, Class A5, 2.14%, 04/15/63 (Call 04/15/30) | 690 | 583134 |
| BBCMS Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-C7, Class A4, 1.79%, 04/15/53 (Call 04/15/30) | 3000 | 2494353 |
| &nbsp;&nbsp;&nbsp;Series 2020-C7, Class A5, 2.04%, 04/15/53 (Call 04/15/30) | 1330 | 1124001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-C15, Class A5, 3.66%, 04/15/55 (Call 04/15/32)<sup>(a)</sup> | 11940 | 11073862 |
| BBCMS Mortgage Trust 2022-C18, 5.71%, 12/15/55 (Call 12/15/32)<sup>(a)</sup> | 1260 | 1365172 |
| BBCMS Trust, Series 2021-C10, Class A5, 2.49%, 07/15/54 (Call 07/15/31) | 4650 | 3971813 |
| Benchmark Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;3.72%, 03/15/62 (Call 03/15/29) | 5000 | 4733311 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-B4, Class ASB, 4.06%, 07/15/51 (Call 07/15/28)<sup>(a)</sup> | 464 | 452669 |
| &nbsp;&nbsp;&nbsp;Series 2018-B5, Class A4, 4.21%, 07/15/51 (Call 08/15/28) | 750 | 731232 |
| &nbsp;&nbsp;&nbsp;Series 2019-B11, Class A4, 3.28%, 05/15/52 (Call 06/15/29) | 3000 | 2773631 |
| &nbsp;&nbsp;&nbsp;Series 2019-B9, Class A5, 4.02%, 03/15/52 (Call 02/15/29) | 2500 | 2400247 |
| &nbsp;&nbsp;&nbsp;Series 2020-B21, Class A4, 1.70%, 12/17/53 (Call 12/15/30) | 2400 | 1959230 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020-B21, Class A5, 1.98%, 12/17/53 (Call 12/15/30) | $1450 | $1191849 |
| &nbsp;&nbsp;&nbsp;Series 2020-B22, Class A5, 1.97%, 01/15/54 (Call 01/15/31) | 5000 | 4100961 |
| &nbsp;&nbsp;&nbsp;Series 2020-B23, Class A5, 2.07%, 02/15/54 (Call 02/15/31) | 15000 | 12330459 |
| &nbsp;&nbsp;&nbsp;Series 2021-B29, Class A5, 2.39%, 09/15/54 (Call 10/15/31) | 6660 | 5594116 |
| CD Mortgage Trust, Series 2017-CD5, Class A4, 3.43%, 08/15/50 (Call 07/15/27) | 1280 | 1204823 |
| CFCRE Commercial Mortgage Trust, Series 2017-C8, Class A4, 3.57%, 06/15/50 (Call 05/15/27) | 1000 | 940188 |
| Citigroup Commercial Mortgage Trust 3.46%, 12/10/49 (Call 01/10/27) | 8868 | 8432122 |
| &nbsp;&nbsp;&nbsp;Series 20116-P4, Class A4, 2.90%, 07/10/49 (Call 07/10/26) | 3600 | 3365481 |
| &nbsp;&nbsp;&nbsp;Series 2016-GC37, Class A4, 3.31%, 04/10/49 (Call 03/10/26) | 1000 | 952431 |
| &nbsp;&nbsp;&nbsp;Series 2017-P7, Class A4, 3.71%, 04/14/50 (Call 04/14/27) | 750 | 713836 |
| Commission Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;3.78%, 04/10/47 (Call 04/10/24) | 16856 | 16548270 |
| &nbsp;&nbsp;&nbsp;Series 2014-CR20, Class A4, 3.59%, 11/10/47 (Call 01/10/29) | 800 | 776185 |
| &nbsp;&nbsp;&nbsp;Series 2014-UBS4, Class AM, 3.97%, 08/10/47 (Call 07/10/29) | 750 | 713292 |
| &nbsp;&nbsp;&nbsp;Series 2015-CR22, Class A5, 3.31%, 03/10/48 (Call 03/10/25) | 2000 | 1923836 |
| &nbsp;&nbsp;&nbsp;Series 2015-CR25, Class A4, 3.76%, 08/10/48 (Call 08/10/25) | 650 | 628157 |
| &nbsp;&nbsp;&nbsp;Series 2017-COR2, Class A3, 3.51%, 09/10/50 (Call 09/10/27) | 1000 | 946882 |
| CSAIL Commercial Mortgage Trust, Series 2018-CX11, Class A5, 4.03%, 04/15/51 (Call 04/15/28)<sup>(a)</sup> | 1750 | 1683043 |
| GS Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2014-GC24, Class A4, 3.67%, 09/10/47 (Call 09/10/24) | 3680 | 3577485 |
| &nbsp;&nbsp;&nbsp;Series 2014-GC24, Class A5, 3.93%, 09/10/47 (Call 09/10/24) | 1250 | 1217551 |
| JP Morgan Chase Commercial Mortgage Securities |  |  |
| &nbsp;&nbsp;&nbsp;Trust, Series 2016-JP3, Class A4, 2.63%, 08/15/49 (Call 09/15/26) | 1846 | 1717450 |
| JPMBB Commercial Mortgage Securities Trust |  |  |
| &nbsp;&nbsp;&nbsp;3.67%, 09/15/47 (Call 02/15/26) | 10293 | 9997429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2013-C14, Class A4, 4.13%, 08/15/46 (Call 08/15/23)<sup>(a)</sup> | 769 | 764215 |
| &nbsp;&nbsp;&nbsp;Series 2014-C18, Class A5, 4.08%, 02/15/47 (Call 01/15/29) | 5097 | 4994905 |
| &nbsp;&nbsp;&nbsp;Series 2015-C31, Class A3, 3.80%, 08/15/48 (Call 08/15/25) | 6511 | 6293265 |
| &nbsp;&nbsp;&nbsp;Series 2015-C32, Class A5, 3.60%, 11/15/48 (Call 10/15/25) | 2500 | 2386269 |
| JPMCC Commercial Mortgage Securities Trust, Series |  |  |
| &nbsp;&nbsp;&nbsp;2017-JP7, Class A5, 3.45%, 09/15/50 (Call 08/15/27) | 1000 | 942054 |
| JPMorgan Chase Commercial Mortgage Securities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Trust, Series 2016-JP4, Class A4, 3.65%, 12/15/49 (Call 04/15/27)<sup>(a)</sup> | 2499 | 2389754 |
| Morgan Stanley Bank of America Merrill Lynch Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2014-C17, Class A5, 3.74%, 08/15/47 (Call 07/15/24) | 2500 | 2431647 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Series 2014-C18, Class ASB, 3.62%, 10/15/47 (Call 07/15/26) | $254 | $250072 |
| &nbsp;&nbsp;&nbsp;Series 2015-C20, Class ASB, 3.07%, 02/15/48 (Call 11/15/26) | 4274 | 4179280 |
| &nbsp;&nbsp;&nbsp;Series 2015-C22, Class A4, 3.31%, 04/15/48 (Call 04/15/25) | 500 | 479348 |
| &nbsp;&nbsp;&nbsp;Series 2015-C23, Class A4, 3.72%, 07/15/50 (Call 06/15/25) | 500 | 482857 |
| &nbsp;&nbsp;&nbsp;Series 2016-C28, Class AS, 3.95%, 01/15/49 (Call 02/15/28) | 2000 | 1832671 |
| Morgan Stanley Capital I Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018, Class A3, 4.14%, 10/15/51 (Call 10/15/28) | 1000 | 962089 |
| &nbsp;&nbsp;&nbsp;Series 2018-H3, Class A5, 4.18%, 07/15/51 (Call 07/15/28) | 1000 | 968833 |
| &nbsp;&nbsp;&nbsp;Series 2019-H6, Class A4, 3.42%, 06/15/52 (Call 06/15/29) | 880 | 813772 |
| &nbsp;&nbsp;&nbsp;Series 2019-L3, Class AS, 3.49%, 11/15/52 (Call 11/15/29) | 420 | 367927 |
| &nbsp;&nbsp;&nbsp;Series 2021-L7, Class A5, 2.57%, 10/15/54 (Call 10/15/31) | 5000 | 4195941 |
| UBS Commercial Mortgage Trust, Series 2018-C08, Class A4, 3.98%, 02/15/51 (Call 02/15/28) | 875 | 841591 |
| Wells Fargo Commercial Mortgage Trust |  |  |
| &nbsp;&nbsp;&nbsp;Class A4, 2.34%, 08/15/54 (Call 07/15/31) | 920 | 766621 |
| &nbsp;&nbsp;&nbsp;Series 2015-LC22, Class A4, 3.84%, 09/15/58 (Call 09/15/25) | 1000 | 967218 |
| &nbsp;&nbsp;&nbsp;Series 2017-C41, Class A4, 3.47%, 11/15/50 (Call 11/15/27) | 5000 | 4712900 |
| &nbsp;&nbsp;&nbsp;Series 2017-C42, Class A4, 3.59%, 12/15/50 (Call 12/15/27) | 1200 | 1134066 |
| &nbsp;&nbsp;&nbsp;Series 2018-C47, Class A4, 4.44%, 09/15/61 (Call 10/15/28) | 3000 | 2947955 |
| &nbsp;&nbsp;&nbsp;Series 2020-C56, Class A5, 2.45%, 06/15/53 (Call 04/15/30) | 520 | 447863 |
| &nbsp;&nbsp;&nbsp;Series 2020-C58, Class A4, 2.10%, 07/15/53 (Call 12/15/30) | 2120 | 1752830 |
| &nbsp;&nbsp;&nbsp;Series 2021-C59, Class A5, 2.63%, 04/15/54 (Call 04/15/31) | 3470 | 2968929 |
|  |  | 163493373 |
| **Total Collaterized Mortgage Obligations — 0.8%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $178,924,491)** |  | 163493373 |
| **Corporate Bonds & Notes** |  |  |
| **Advertising — 0.1%** |  |  |
| Advantage Sales & Marketing Inc., 6.50%, 11/15/28 (Call 11/15/23)<sup>(b)</sup> | 525 | 399263 |
| Clear Channel International BV, 6.63%, 08/01/25 (Call 02/01/23)<sup>(b)</sup> | 200 | 196060 |
| Clear Channel Outdoor Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 08/15/27 (Call 08/15/23)<sup>(b)</sup> | 875 | 797055 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 735 | 598070 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 04/15/28 (Call 04/15/24)<sup>(b)</sup> | 700 | 596176 |
| Interpublic Group of Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 03/01/31 (Call 12/01/30) | 520 | 430565 |
| &nbsp;&nbsp;&nbsp;3.38%, 03/01/41 (Call 09/01/40) | 490 | 372640 |
| &nbsp;&nbsp;&nbsp;4.65%, 10/01/28 (Call 07/01/28) | 850 | 838916 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/30/30 (Call 12/30/29) | 586 | 572692 |
| &nbsp;&nbsp;&nbsp;5.40%, 10/01/48 (Call 04/01/48) | 139 | 138926 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Advertising (continued)** |  |  |
| Lamar Media Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 01/15/31 (Call 01/15/26) | $365 | $310436 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/15/28 (Call 02/15/23) | 455 | 414951 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/15/30 (Call 02/15/25) | 355 | 315915 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/15/29 (Call 01/15/24)<sup>(c)</sup> | 383 | 362215 |
| National CineMedia LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 08/15/26 (Call 08/15/23) | 125 | 2819 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/15/28 (Call 04/15/23)<sup>(b)(c)</sup> | 285 | 73439 |
| Omnicom Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 04/30/30 (Call 01/30/30) | 460 | 394215 |
| &nbsp;&nbsp;&nbsp;2.60%, 08/01/31 (Call 05/01/31) | 455 | 386422 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/01/30 (Call 03/01/30) | 859 | 826538 |
| Omnicom Group Inc./Omnicom Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 04/15/26 (Call 01/15/26) | 1667 | 1615290 |
| &nbsp;&nbsp;&nbsp;3.65%, 11/01/24 (Call 08/01/24) | 931 | 912957 |
| Outfront Media Capital LLC/Outfront Media Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 395 | 339945 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/30 (Call 03/15/25)<sup>(b)</sup> | 420 | 360864 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/15/27 (Call 08/15/23)<sup>(b)</sup> | 445 | 411923 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 06/15/25 (Call 06/15/23)<sup>(b)</sup> | 270 | 271779 |
| Stagwell Global LLC, 5.63%, 08/15/29 (Call 08/15/24)<sup>(b)</sup> | 740 | 648721 |
| Summer BC Bidco B LLC, 5.50%, 10/31/26 (Call 07/15/23)<sup>(b)</sup> | 275 | 229699 |
| Terrier Media Buyer Inc., 8.88%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 770 | 602009 |
| WPP Finance 2010, 3.75%, 09/19/24 | 411 | 402011 |
|  |  | 13822511 |
| **Aerospace & Defense — 0.6%** |  |  |
| Airbus SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 04/10/27 (Call 01/10/27)<sup>(b)</sup> | 1175 | 1114640 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/10/47 (Call 10/10/46)<sup>(b)</sup> | 50 | 43746 |
| BAE Systems Finance Inc., 7.50%, 07/01/27<sup>(b)</sup> | 360 | 395251 |
| BAE Systems Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 10/07/24<sup>(b)</sup> | 435 | 427427 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 12/15/25 (Call 09/15/25)<sup>(b)</sup> | 486 | 474176 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/07/44<sup>(b)</sup> | 486 | 458133 |
| BAE Systems PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.90%, 02/15/31 (Call 11/15/30)<sup>(b)</sup> | 1075 | 873523 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/15/50 (Call 03/15/50)<sup>(b)</sup> | 860 | 606403 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 04/15/30 (Call 01/15/30)<sup>(b)</sup> | 210 | 192927 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.80%, 10/11/41<sup>(b)</sup> | 240 | 255934 |
| Boeing Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.43%, 02/04/24 (Call 02/13/23) | 2618 | 2523281 |
| &nbsp;&nbsp;&nbsp;2.20%, 02/04/26 (Call 02/04/23) | 4580 | 4228943 |
| &nbsp;&nbsp;&nbsp;2.25%, 06/15/26 (Call 03/15/26) | 852 | 781659 |
| &nbsp;&nbsp;&nbsp;2.60%, 10/30/25 (Call 07/30/25) | 260 | 244626 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/01/27 (Call 12/01/26) | 739 | 683339 |
| &nbsp;&nbsp;&nbsp;2.75%, 02/01/26 (Call 01/01/26) | 818 | 771276 |
| &nbsp;&nbsp;&nbsp;2.80%, 03/01/24 (Call 02/01/24) | 165 | 160797 |
| &nbsp;&nbsp;&nbsp;2.80%, 03/01/27 (Call 12/01/26) | 775 | 716534 |
| &nbsp;&nbsp;&nbsp;2.85%, 10/30/24 (Call 07/30/24) | 241 | 232613 |
| &nbsp;&nbsp;&nbsp;2.95%, 02/01/30 (Call 11/01/29) | 1840 | 1628124 |
| &nbsp;&nbsp;&nbsp;3.10%, 05/01/26 (Call 03/01/26) | 970 | 922848 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/01/29 (Call 12/01/28) | 954 | 872023 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/01/28 (Call 12/01/27) | 782 | 737754 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/01/28 (Call 12/01/27) | 618 | 576711 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/01/35 (Call 11/01/34) | 503 | 407586 |
| &nbsp;&nbsp;&nbsp;3.38%, 06/15/46 (Call 12/15/45) | 509 | 364419 |
| &nbsp;&nbsp;&nbsp;3.45%, 11/01/28 (Call 08/01/28) | 510 | 472433 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Aerospace & Defense (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/39 (Call 09/01/38) | $200 | $156210 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/01/38 (Call 09/01/37) | 290 | 234236 |
| &nbsp;&nbsp;&nbsp;3.60%, 05/01/34 (Call 02/01/34) | 549 | 471596 |
| &nbsp;&nbsp;&nbsp;3.63%, 02/01/31 (Call 11/01/30) | 745 | 682703 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/01/48 (Call 09/01/47) | 275 | 200318 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/01/47 (Call 09/01/46) | 650 | 481390 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/01/50 (Call 08/01/49) | 545 | 419568 |
| &nbsp;&nbsp;&nbsp;3.83%, 03/01/59 (Call 09/01/58) | 360 | 258977 |
| &nbsp;&nbsp;&nbsp;3.85%, 11/01/48 (Call 05/01/48) | 172 | 129814 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/01/49 (Call 11/01/48) | 707 | 549120 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/01/59 (Call 02/01/59) | 750 | 556905 |
| &nbsp;&nbsp;&nbsp;4.88%, 05/01/25 (Call 04/01/25) | 1896 | 1896303 |
| &nbsp;&nbsp;&nbsp;5.04%, 05/01/27 (Call 03/01/27) | 1927 | 1947349 |
| &nbsp;&nbsp;&nbsp;5.15%, 05/01/30 (Call 02/01/30) | 2504 | 2524808 |
| &nbsp;&nbsp;&nbsp;5.71%, 05/01/40 (Call 11/01/39) | 1520 | 1555766 |
| &nbsp;&nbsp;&nbsp;5.81%, 05/01/50 (Call 11/01/49) | 2739 | 2797368 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/15/40 | 597 | 613710 |
| &nbsp;&nbsp;&nbsp;5.93%, 05/01/60 (Call 11/01/59) | 1875 | 1912406 |
| &nbsp;&nbsp;&nbsp;6.13%, 02/15/33 | 618 | 664857 |
| &nbsp;&nbsp;&nbsp;6.63%, 02/15/38 | 860 | 948348 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/15/39 | 621 | 700122 |
| Bombardier Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/15/28 (Call 02/15/24)<sup>(b)</sup> | 520 | 493657 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 06/15/26 (Call 06/15/23)<sup>(b)</sup> | 807 | 803853 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.45%, 05/01/34<sup>(b)</sup> | 335 | 342203 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 12/01/24 (Call 12/01/23)<sup>(b)</sup> | 903 | 920536 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 03/15/25 (Call 03/15/23)<sup>(b)</sup> | 823 | 823724 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 02/01/29 (Call 02/01/26)<sup>(b)</sup> | 485 | 484995 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 04/15/27 (Call 04/15/23)<sup>(b)</sup> | 1525 | 1524985 |
| Embraer Netherlands Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;5.05%, 06/15/25 | 827 | 817258 |
| &nbsp;&nbsp;&nbsp;5.40%, 02/01/27 | 525 | 514563 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.95%, 01/17/28 (Call 10/17/27)<sup>(d)</sup> | 400 | 409936 |
| F-Brasile SpA/F-Brasile U.S. LLC, Series XR, 7.38%, 08/15/26 (Call 08/15/23)<sup>(b)</sup> | 348 | 285242 |
| General Dynamics Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.15%, 06/01/26 (Call 05/01/26) | 155 | 140053 |
| &nbsp;&nbsp;&nbsp;2.13%, 08/15/26 (Call 05/15/26) | 1060 | 987390 |
| &nbsp;&nbsp;&nbsp;2.25%, 06/01/31 (Call 03/01/31) | 190 | 165182 |
| &nbsp;&nbsp;&nbsp;2.38%, 11/15/24 (Call 09/15/24) | 200 | 192568 |
| &nbsp;&nbsp;&nbsp;2.63%, 11/15/27 (Call 08/15/27) | 215 | 199628 |
| &nbsp;&nbsp;&nbsp;2.85%, 06/01/41 (Call 12/01/40) | 310 | 247895 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/01/25 (Call 03/01/25) | 820 | 799992 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/15/25 (Call 03/15/25) | 719 | 704785 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/27 (Call 02/01/27) | 855 | 830778 |
| &nbsp;&nbsp;&nbsp;3.60%, 11/15/42 (Call 05/14/42) | 125 | 109889 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/01/30 (Call 01/01/30) | 1020 | 983943 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/15/28 (Call 02/15/28) | 880 | 856742 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/40 (Call 10/01/39) | 525 | 509770 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/50 (Call 10/01/49) | 345 | 330037 |
| Hexcel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.20%, 02/15/27 (Call 11/15/26) | 264 | 252582 |
| &nbsp;&nbsp;&nbsp;4.95%, 08/15/25 (Call 05/15/25) | 535 | 523369 |
| Howmet Aerospace Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/29 (Call 11/15/28) | 470 | 410141 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/01/24 (Call 07/01/24) | 755 | 752214 |
| &nbsp;&nbsp;&nbsp;5.90%, 02/01/27 | 477 | 485228 |
| &nbsp;&nbsp;&nbsp;5.95%, 02/01/37 | 425 | 428629 |
| &nbsp;&nbsp;&nbsp;6.75%, 01/15/28 | 200 | 209774 |
| &nbsp;&nbsp;&nbsp;6.88%, 05/01/25 (Call 04/01/25) | 535 | 550638 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Aerospace & Defense (continued)** |  |  |
| L3Harris Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 01/15/31 (Call 10/15/30) | $658 | $529085 |
| &nbsp;&nbsp;&nbsp;2.90%, 12/15/29 (Call 09/15/29) | 477 | 424263 |
| &nbsp;&nbsp;&nbsp;3.83%, 04/27/25 (Call 01/27/25) | 530 | 517921 |
| &nbsp;&nbsp;&nbsp;3.85%, 12/15/26 (Call 09/15/26) | 1147 | 1116215 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/28/24 (Call 02/28/24) | 113 | 111411 |
| &nbsp;&nbsp;&nbsp;4.40%, 06/15/28 (Call 03/15/28) | 1654 | 1640208 |
| &nbsp;&nbsp;&nbsp;4.85%, 04/27/35 (Call 10/27/34) | 605 | 591418 |
| &nbsp;&nbsp;&nbsp;5.05%, 04/27/45 (Call 10/27/44) | 208 | 201036 |
| &nbsp;&nbsp;&nbsp;6.15%, 12/15/40 | 15 | 16232 |
| Lockheed Martin Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 06/15/30 (Call 03/15/30) | 719 | 609367 |
| &nbsp;&nbsp;&nbsp;2.80%, 06/15/50 (Call 12/15/49) | 428 | 315029 |
| &nbsp;&nbsp;&nbsp;3.55%, 01/15/26 (Call 10/15/25) | 677 | 665613 |
| &nbsp;&nbsp;&nbsp;3.60%, 03/01/35 (Call 09/01/34) | 195 | 180510 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/01/45 (Call 09/01/44) | 915 | 800433 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/15/32 (Call 03/15/32) | 275 | 267069 |
| &nbsp;&nbsp;&nbsp;4.07%, 12/15/42 | 808 | 742358 |
| &nbsp;&nbsp;&nbsp;4.09%, 09/15/52 (Call 03/15/52) | 511 | 470043 |
| &nbsp;&nbsp;&nbsp;4.15%, 06/15/53 (Call 12/15/52) | 505 | 463201 |
| &nbsp;&nbsp;&nbsp;4.30%, 06/15/62 (Call 12/15/61) | 560 | 515626 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/36 (Call 11/15/35) | 316 | 314692 |
| &nbsp;&nbsp;&nbsp;4.70%, 05/15/46 (Call 11/15/45) | 1117 | 1119457 |
| &nbsp;&nbsp;&nbsp;4.95%, 10/15/25 (Call 09/15/25) | 375 | 380974 |
| &nbsp;&nbsp;&nbsp;5.10%, 11/15/27 (Call 10/15/27) | 580 | 602353 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/33 (Call 10/15/32) | 650 | 693790 |
| &nbsp;&nbsp;&nbsp;5.70%, 11/15/54 (Call 05/15/54) | 235 | 266866 |
| &nbsp;&nbsp;&nbsp;5.72%, 06/01/40 | 335 | 371649 |
| &nbsp;&nbsp;&nbsp;5.90%, 11/15/63 (Call 05/15/63) | 355 | 415875 |
| &nbsp;&nbsp;&nbsp;Series B, 6.15%, 09/01/36. | 830 | 944540 |
| Moog Inc., 4.25%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 396 | 367290 |
| Northrop Grumman Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.93%, 01/15/25 (Call 11/15/24) | 1436 | 1390709 |
| &nbsp;&nbsp;&nbsp;3.20%, 02/01/27 (Call 11/01/26) | 807 | 776955 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/28 (Call 10/15/27) | 925 | 878722 |
| &nbsp;&nbsp;&nbsp;3.85%, 04/15/45 (Call 10/15/44) | 720 | 615010 |
| &nbsp;&nbsp;&nbsp;4.03%, 10/15/47 (Call 04/15/47) | 1157 | 1022152 |
| &nbsp;&nbsp;&nbsp;4.40%, 05/01/30 (Call 02/01/30) | 711 | 703606 |
| &nbsp;&nbsp;&nbsp;4.75%, 06/01/43 | 1202 | 1177323 |
| &nbsp;&nbsp;&nbsp;5.05%, 11/15/40 | 433 | 439019 |
| &nbsp;&nbsp;&nbsp;5.15%, 05/01/40 (Call 11/01/39) | 570 | 583184 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/01/50 (Call 11/01/49) | 223 | 233601 |
| Raytheon Technologies Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 09/01/31 (Call 06/01/31) | 730 | 595191 |
| &nbsp;&nbsp;&nbsp;2.25%, 07/01/30 (Call 04/01/30) | 1662 | 1428423 |
| &nbsp;&nbsp;&nbsp;2.38%, 03/15/32 (Call 12/15/31) | 1025 | 862086 |
| &nbsp;&nbsp;&nbsp;2.65%, 11/01/26 (Call 08/01/26) | 240 | 225847 |
| &nbsp;&nbsp;&nbsp;2.82%, 09/01/51 (Call 03/01/51) | 460 | 324650 |
| &nbsp;&nbsp;&nbsp;3.03%, 03/15/52 (Call 09/15/51) | 1020 | 752291 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/04/27 (Call 02/04/27) | 767 | 728435 |
| &nbsp;&nbsp;&nbsp;3.13%, 07/01/50 (Call 01/01/50) | 752 | 566700 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/15/24 (Call 01/15/24) | 1110 | 1091296 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/27 (Call 12/15/26) | 852 | 826738 |
| &nbsp;&nbsp;&nbsp;3.75%, 11/01/46 (Call 05/01/46) | 415 | 348837 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/16/25 (Call 06/16/25) | 1035 | 1022373 |
| &nbsp;&nbsp;&nbsp;4.05%, 05/04/47 (Call 11/04/46) | 535 | 474529 |
| &nbsp;&nbsp;&nbsp;4.13%, 11/16/28 (Call 08/16/28) | 2025 | 1988489 |
| &nbsp;&nbsp;&nbsp;4.15%, 05/15/45 (Call 11/16/44) | 596 | 531191 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/15/47 (Call 10/15/46) | 1000 | 926760 |
| &nbsp;&nbsp;&nbsp;4.45%, 11/16/38 (Call 05/16/38) | 640 | 617555 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Aerospace & Defense (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/42 | $1573 | $1509451 |
| &nbsp;&nbsp;&nbsp;4.63%, 11/16/48 (Call 05/16/48) | 1198 | 1159197 |
| &nbsp;&nbsp;&nbsp;4.70%, 12/15/41 | 518 | 498611 |
| &nbsp;&nbsp;&nbsp;4.80%, 12/15/43 (Call 06/15/43) | 345 | 336413 |
| &nbsp;&nbsp;&nbsp;4.88%, 10/15/40 | 835 | 823995 |
| &nbsp;&nbsp;&nbsp;5.70%, 04/15/40 | 260 | 279482 |
| &nbsp;&nbsp;&nbsp;6.05%, 06/01/36 | 5 | 5541 |
| &nbsp;&nbsp;&nbsp;6.13%, 07/15/38 | 400 | 448908 |
| &nbsp;&nbsp;&nbsp;7.20%, 08/15/27 | 153 | 172119 |
| &nbsp;&nbsp;&nbsp;7.50%, 09/15/29 | 100 | 115968 |
| Rolls-Royce PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/14/25 (Call 07/14/25)<sup>(b)</sup> | 770 | 718595 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 10/15/27 (Call 07/15/27)<sup>(b)</sup> | 600 | 583572 |
| Spirit AeroSystems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.85%, 06/15/26 (Call 03/15/26) | 260 | 244252 |
| &nbsp;&nbsp;&nbsp;4.60%, 06/15/28 (Call 03/15/28) | 655 | 555905 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 670 | 672218 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.38%, 11/30/29 (Call 11/30/25)<sup>(b)</sup> | 600 | 651642 |
| ST Engineering RHQ Ltd., 1.50%, 04/29/25 (Call 01/29/25)<sup>(d)</sup> | 400 | 372612 |
| TransDigm Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 01/15/29 (Call 01/15/24) | 840 | 758276 |
| &nbsp;&nbsp;&nbsp;4.88%, 05/01/29 (Call 05/01/24) | 481 | 435016 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/15/27 (Call 11/15/23) | 1965 | 1876536 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 2830 | 2828953 |
| &nbsp;&nbsp;&nbsp;6.38%, 06/15/26 (Call 06/15/23) | 680 | 671520 |
| &nbsp;&nbsp;&nbsp;7.50%, 03/15/27 (Call 03/15/23) | 460 | 463519 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 12/15/25 (Call 04/08/23)<sup>(b)</sup> | 1008 | 1028765 |
| TransDigm UK Holdings PLC, 6.88%, 05/15/26 (Call 05/15/23) | 350 | 346979 |
| Triumph Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 09/15/24 (Call 03/03/23)<sup>(b)</sup> | 335 | 323824 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 08/15/25 (Call 08/15/23)<sup>(c)</sup> | 415 | 353061 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.88%, 06/01/24 (Call 02/01/23)<sup>(b)</sup> | 313 | 318966 |
|  |  | 114301271 |
| **Agriculture — 0.3%** |  |  |
| Adecoagro SA, 6.00%, 09/21/27 (Call 09/21/23)<sup>(d)</sup> | 300 | 287286 |
| Altria Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.35%, 05/06/25 (Call 04/06/25) | 536 | 508916 |
| &nbsp;&nbsp;&nbsp;2.45%, 02/04/32 (Call 11/04/31) | 990 | 770765 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 09/16/26 (Call 06/16/26)<sup>(c)</sup> | 851 | 794732 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/06/30 (Call 02/06/30) | 870 | 770324 |
| &nbsp;&nbsp;&nbsp;3.40%, 02/04/41 (Call 08/04/40) | 870 | 611332 |
| &nbsp;&nbsp;&nbsp;3.70%, 02/04/51 (Call 08/04/50) | 957 | 640405 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/16/46 (Call 03/16/46) | 1148 | 816010 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/04/61 (Call 08/04/60) | 768 | 530949 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/09/42 | 612 | 477360 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 02/14/26 (Call 12/14/25)<sup>(c)</sup> | 563 | 560585 |
| &nbsp;&nbsp;&nbsp;4.45%, 05/06/50 (Call 11/06/49) | 472 | 353566 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/02/43 | 567 | 450822 |
| &nbsp;&nbsp;&nbsp;4.80%, 02/14/29 (Call 11/14/28) | 645 | 638066 |
| &nbsp;&nbsp;&nbsp;5.38%, 01/31/44 | 1127 | 1044999 |
| &nbsp;&nbsp;&nbsp;5.80%, 02/14/39 (Call 08/14/38) | 1412 | 1360970 |
| &nbsp;&nbsp;&nbsp;5.95%, 02/14/49 (Call 08/14/48) | 1573 | 1487271 |
| Amaggi Luxembourg International Sarl, 5.25%, 01/28/28 (Call 01/28/25)<sup>(d)</sup> | 600 | 564510 |
| Archer-Daniels-Midland Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 08/11/26 (Call 05/11/26) | 1378 | 1299716 |
| &nbsp;&nbsp;&nbsp;2.70%, 09/15/51 (Call 03/15/51) | 214 | 152543 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/01/32 (Call 12/01/31) | 455 | 409291 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Agriculture (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 03/27/30 (Call 12/27/29) | $643 | $600562 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/15/47 (Call 03/15/47) | 227 | 197921 |
| &nbsp;&nbsp;&nbsp;4.02%, 04/16/43 | 370 | 334972 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/49 (Call 09/15/48) | 340 | 331218 |
| &nbsp;&nbsp;&nbsp;4.54%, 03/26/42 | 122 | 117313 |
| &nbsp;&nbsp;&nbsp;5.38%, 09/15/35 | 150 | 160791 |
| &nbsp;&nbsp;&nbsp;5.94%, 10/01/32 | 5 | 5552 |
| BAT Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.26%, 03/25/28 (Call 01/25/28) | 1163 | 999610 |
| &nbsp;&nbsp;&nbsp;2.73%, 03/25/31 (Call 12/25/30) | 1139 | 916713 |
| &nbsp;&nbsp;&nbsp;2.79%, 09/06/24 (Call 08/06/24) | 469 | 453870 |
| &nbsp;&nbsp;&nbsp;3.22%, 08/15/24 (Call 06/15/24) | 1023 | 995492 |
| &nbsp;&nbsp;&nbsp;3.22%, 09/06/26 (Call 07/06/26) | 416 | 392147 |
| &nbsp;&nbsp;&nbsp;3.46%, 09/06/29 (Call 06/06/29) | 717 | 633971 |
| &nbsp;&nbsp;&nbsp;3.56%, 08/15/27 (Call 05/15/27) | 2275 | 2121915 |
| &nbsp;&nbsp;&nbsp;3.73%, 09/25/40 (Call 03/25/40) | 540 | 390922 |
| &nbsp;&nbsp;&nbsp;3.98%, 09/25/50 (Call 03/25/50) | 621 | 437668 |
| &nbsp;&nbsp;&nbsp;4.39%, 08/15/37 (Call 02/15/37) | 1706 | 1405454 |
| &nbsp;&nbsp;&nbsp;4.54%, 08/15/47 (Call 02/15/47) | 1180 | 900293 |
| &nbsp;&nbsp;&nbsp;4.70%, 04/02/27 (Call 02/02/27) | 540 | 529427 |
| &nbsp;&nbsp;&nbsp;4.74%, 03/16/32 (Call 12/16/31) | 465 | 429521 |
| &nbsp;&nbsp;&nbsp;4.76%, 09/06/49 (Call 03/06/49) | 832 | 649975 |
| &nbsp;&nbsp;&nbsp;4.91%, 04/02/30 (Call 01/02/30) | 844 | 798458 |
| &nbsp;&nbsp;&nbsp;5.28%, 04/02/50 (Call 02/02/49) | 482 | 404538 |
| &nbsp;&nbsp;&nbsp;5.65%, 03/16/52 (Call 09/16/51) | 500 | 446545 |
| &nbsp;&nbsp;&nbsp;7.75%, 10/19/32 (Call 07/19/32) | 300 | 334776 |
| BAT International Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;1.67%, 03/25/26 (Call 02/25/26) | 761 | 686909 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 06/15/25<sup>(b)</sup> | 1124 | 1090336 |
| &nbsp;&nbsp;&nbsp;4.45%, 03/16/28 (Call 02/16/28) | 471 | 450945 |
| Bunge Ltd. Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.63%, 08/17/25 (Call 07/17/25) | 176 | 162276 |
| &nbsp;&nbsp;&nbsp;2.75%, 05/14/31 (Call 02/14/31) | 660 | 565607 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/15/26 (Call 05/15/26) | 793 | 752359 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/25/27 (Call 06/25/27) | 560 | 538737 |
| Cargill Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 02/02/26 (Call 01/02/26)<sup>(b)</sup> | 1056 | 946894 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 02/02/31 (Call 11/02/30)<sup>(b)</sup> | 990 | 797059 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 04/23/30 (Call 01/23/30)<sup>(b)</sup> | 525 | 445200 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 11/10/31 (Call 08/10/31)<sup>(b)</sup> | 865 | 709810 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/25/51 (Call 11/25/50)<sup>(b)</sup> | 1130 | 837364 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/23/29 (Call 02/23/29)<sup>(b)</sup> | 125 | 116270 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/22/25 (Call 04/22/23)<sup>(b)</sup> | 660 | 642919 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 04/22/27 (Call 03/22/27)<sup>(b)</sup> | 250 | 243115 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/23/49 (Call 11/23/48)<sup>(b)</sup> | 335 | 284026 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/22/32 (Call 03/22/32)<sup>(b)</sup> | 200 | 192616 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/22/52 (Call 10/22/51)<sup>(b)</sup> | 75 | 70723 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 10/10/25 (Call 09/10/25)<sup>(b)</sup> | 420 | 423150 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 10/11/32 (Call 07/11/32)<sup>(b)(c)</sup> | 515 | 536378 |
| Darling Ingredients Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/27 (Call 04/15/23)<sup>(b)</sup> | 397 | 387131 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/30 (Call 06/15/25)<sup>(b)</sup> | 655 | 651876 |
| Imperial Brands Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 07/26/24 (Call 06/26/24)<sup>(b)</sup> | 900 | 869076 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/26/26 (Call 05/26/26)<sup>(b)</sup> | 1565 | 1462884 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/26/29 (Call 04/26/29)<sup>(b)</sup> | 430 | 380425 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/21/25 (Call 04/21/25)<sup>(b)</sup> | 1230 | 1198647 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 07/27/27 (Call 06/27/27)<sup>(b)</sup> | 350 | 359289 |
| IOI Investment L Bhd, 3.38%, 11/02/31 (Call 05/02/31)<sup>(d)</sup> | 200 | 154782 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Agriculture (continued)** |  |  |
| JT International Financial Services BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 09/14/31 (Call 06/14/31)<sup>(d)</sup> | $400 | $314476 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 10/24/32 (Call 07/24/32)<sup>(b)</sup> | 300 | 334218 |
| MHP Lux SA, 6.95%, 04/03/26<sup>(d)</sup> | 400 | 192250 |
| MHP SE, 7.75%, 05/10/24<sup>(d)</sup> | 400 | 199075 |
| Philip Morris International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/17/29 (Call 09/17/29)<sup>(e)</sup> | 415 | 433443 |
| &nbsp;&nbsp;&nbsp;0.88%, 05/01/26 (Call 04/01/26) | 968 | 863611 |
| &nbsp;&nbsp;&nbsp;1.50%, 05/01/25 (Call 04/01/25) | 375 | 350498 |
| &nbsp;&nbsp;&nbsp;1.75%, 11/01/30 (Call 08/01/30) | 556 | 447663 |
| &nbsp;&nbsp;&nbsp;2.10%, 05/01/30 (Call 02/01/30) | 350 | 292887 |
| &nbsp;&nbsp;&nbsp;2.75%, 02/25/26 (Call 11/25/25) | 400 | 380564 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/01/24 (Call 04/01/24) | 966 | 943637 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/17/27 (Call 05/17/27) | 232 | 219741 |
| &nbsp;&nbsp;&nbsp;3.13%, 03/02/28 (Call 12/02/27) | 465 | 435663 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/10/24 | 827 | 805978 |
| &nbsp;&nbsp;&nbsp;3.38%, 08/11/25 (Call 05/11/25) | 385 | 373315 |
| &nbsp;&nbsp;&nbsp;3.38%, 08/15/29 (Call 05/15/29) | 785 | 727004 |
| &nbsp;&nbsp;&nbsp;3.88%, 08/21/42 | 513 | 414068 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/04/43 | 541 | 455051 |
| &nbsp;&nbsp;&nbsp;4.25%, 11/10/44 | 1235 | 1051479 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/15/41 | 693 | 609396 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/20/42 | 609 | 540207 |
| &nbsp;&nbsp;&nbsp;4.88%, 11/15/43 | 633 | 584898 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/17/25 | 790 | 800633 |
| &nbsp;&nbsp;&nbsp;5.13%, 11/15/24 | 540 | 543920 |
| &nbsp;&nbsp;&nbsp;5.13%, 11/17/27 (Call 10/17/27) | 655 | 669259 |
| &nbsp;&nbsp;&nbsp;5.75%, 11/17/32 (Call 08/17/32) | 380 | 400159 |
| &nbsp;&nbsp;&nbsp;6.38%, 05/16/38 | 1131 | 1261981 |
| Reynolds American Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.45%, 06/12/25 (Call 03/12/25) | 1786 | 1753191 |
| &nbsp;&nbsp;&nbsp;5.70%, 08/15/35 (Call 02/15/35) | 596 | 570348 |
| &nbsp;&nbsp;&nbsp;5.85%, 08/15/45 (Call 02/12/45) | 1405 | 1286362 |
| &nbsp;&nbsp;&nbsp;6.15%, 09/15/43 | 758 | 731864 |
| &nbsp;&nbsp;&nbsp;7.25%, 06/15/37 | 476 | 520344 |
| Turning Point Brands Inc., 5.63%, 02/15/26 (Call 02/15/23)<sup>(b)</sup> | 125 | 113914 |
| Vector Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 765 | 667707 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.50%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | 355 | 357371 |
| Viterra Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/21/26 (Call 03/21/26)<sup>(b)</sup> | 540 | 476102 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 04/21/31 (Call 01/21/31)<sup>(b)</sup> | 350 | 277015 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.90%, 04/21/27 (Call 03/21/27)<sup>(b)</sup> | 300 | 288888 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/21/32 (Call 01/21/32)<sup>(b)</sup> | 555 | 496237 |
|  |  | 67661262 |
| **Airlines — 0.2%** |  |  |
| Air Canada, 3.88%, 08/15/26 (Call 02/15/26)<sup>(b)</sup> | 710 | 656920 |
| Air Canada Pass Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2015-1, Class A, 3.60%, 09/15/28<sup>(b)</sup> | 315 | 286911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-1, Class AA, 3.30%, 07/15/31<sup>(b)</sup> | 716 | 616492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-1, Class C, 10.50%, 07/15/26<sup>(b)</sup> | 340 | 360441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020-2, Class A, 5.25%, 10/01/30<sup>(b)</sup> | 636 | 607474 |
| Alaska Airlines Pass Through Trust, Series 2020-1, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, 02/15/29<sup>(b)</sup> | 282 | 274938 |
| Allegiant Travel Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 08/15/27 (Call 08/15/24)<sup>(b)</sup> | 325 | 318178 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 02/05/24 (Call 08/05/23)<sup>(b)(c)</sup> | 78 | 78225 |
| American Airlines 2015-2 Class AA Pass Through Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015-2, Class AA, 3.60%, 03/22/29 | 123 | 112566 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Airlines (continued)** |  |  |
| American Airlines 2016-1 Class AA Pass Through Trust, Series 2016-1, Class AA, 3.58%, 07/15/29 | $145 | $131921 |
| American Airlines 2016-2 Class AA Pass Through Trust, Series 2016-2, Class AA, 3.20%, 12/15/29 | 595 | 527925 |
| American Airlines 2016-3 Class AA Pass Through Trust, Series 2016-3, Class AA, 3.00%, 04/15/30 | 482 | 422887 |
| American Airlines 2017-1 Class AA Pass Through Trust, Series 2017-1, Class AA, 3.65%, 02/15/29 | 363 | 327725 |
| American Airlines 2017-2 Class AA Pass Through Trust, Series 2017-2, Class AA, 3.35%, 04/15/31 | 605 | 534586 |
| American Airlines 2019-1 Class AA Pass Through Trust, Series 2019-1, Class AA, 3.15%, 08/15/33 | 104 | 88062 |
| American Airlines 2021-1 Class A Pass Through Trust, Series A, Class A, 2.88%, 01/11/36 | 769 | 631093 |
| American Airlines 2021-1 Class B Pass Through Trust, Series B, 3.95%, 01/11/32 | 138 | 117057 |
| American Airlines Group Inc., 3.75%, 03/01/25<sup>(b)(c)</sup> | 426 | 398250 |
| American Airlines Inc., 11.75%, 07/15/25<sup>(b)</sup> | 2075 | 2310886 |
| American Airlines Inc./AAdvantage Loyalty IP Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/20/26<sup>(b)</sup> | 2260 | 2216382 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/20/29<sup>(b)</sup> | 1985 | 1921639 |
| American Airlines Pass Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;Class A, 3.25%, 04/15/30. | 151 | 122348 |
| &nbsp;&nbsp;&nbsp;Series 2013-1, Class A, 4.00%, 01/15/27 | 167 | 152260 |
| &nbsp;&nbsp;&nbsp;Series 2014-1, Class A, 3.70%, 04/01/28 | 320 | 282577 |
| &nbsp;&nbsp;&nbsp;Series 2015-1, Class A, 3.38%, 11/01/28 | 424 | 365311 |
| &nbsp;&nbsp;&nbsp;Series 2016-1, Class A, 4.10%, 07/15/29 | 117 | 100865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2016-2, Class A, 3.65%, 12/15/29<sup>(c)</sup> | 219 | 180460 |
| Avianca Midco 2 Ltd., 9.00%, 12/01/28 (Call 12/01/24)<sup>(d)</sup> | 850 | 686137 |
| Azul Investments LLP, 7.25%, 06/15/26 (Call 06/15/24)<sup>(d)</sup> | 400 | 242040 |
| British Airways Pass Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A, 2.90%, 09/15/36<sup>(b)(c)</sup> | 274 | 227928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Class A, 4.25%, 05/15/34<sup>(b)(c)</sup> | 363 | 334447 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-1, Class AA, 3.30%, 06/15/34<sup>(b)</sup> | 334 | 288791 |
| Continental Airlines Pass Through Trust, Series 2012-2, |  |  |
| &nbsp;&nbsp;&nbsp;Class A, 4.00%, 04/29/26 | 331 | 318104 |
| Delta Air Lines Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 10/28/24 (Call 09/28/24) | 610 | 581940 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/28/29 (Call 07/28/29)<sup>(c)</sup> | 378 | 334428 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/19/28 (Call 01/19/28)<sup>(c)</sup> | 425 | 395101 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 05/01/25<sup>(b)</sup> | 2410 | 2480107 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 01/15/26 (Call 12/15/25)<sup>(c)</sup> | 650 | 679959 |
| Delta Air Lines Inc./SkyMiles IP Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/20/25<sup>(b)</sup> | 1682 | 1661460 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/20/28<sup>(b)</sup> | 1656 | 1610046 |
| Delta Air Lines Pass Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-1, Class AA, 3.20%, 10/25/25 | 55 | 53860 |
| &nbsp;&nbsp;&nbsp;Series 2020, Class AA, 2.00%, 12/10/29 | 72 | 63028 |
| Gol Finance SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 01/31/25 (Call 01/31/23)<sup>(d)</sup> | 200 | 104456 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 06/30/26 (Call 03/02/23)<sup>(d)</sup> | 600 | 415656 |
| Grupo Aeromexico SAB de CV, 8.50%, 03/17/27 (Call 03/17/24)<sup>(d)</sup> | 400 | 361880 |
| Hawaiian Airlines Pass Through Certificates, Series |  |  |
| &nbsp;&nbsp;&nbsp;2013-1, Class A, 3.90%, 07/15/27 | 114 | 99917 |
| Hawaiian Brand Intellectual Property |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ltd./HawaiianMiles Loyalty Ltd., 5.75%, 01/20/26 (Call 01/20/24)<sup>(b)</sup> | 805 | 769411 |
| JetBlue Pass Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 1A, Class A, 4.00%, 05/15/34<sup>(c)</sup> | 448 | 406027 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Airlines (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-1, Class AA, 2.75%, 11/15/33 | $193 | $161737 |
| Latam Airlines Group SA, 13.38%, 10/15/29 | 500 | 538015 |
| Mileage Plus Holdings LLC/Mileage Plus Intellectual |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Property Assets Ltd., 6.50%, 06/20/27 (Call 06/30/23)<sup>(b)</sup> | 491 | 495797 |
| Southwest Airlines Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.63%, 02/10/30 (Call 11/10/29) | 515 | 448617 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/15/26 (Call 08/15/26) | 398 | 372639 |
| &nbsp;&nbsp;&nbsp;3.45%, 11/16/27 (Call 08/16/27) | 376 | 355079 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/15/27 (Call 04/15/27) | 1731 | 1749660 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/04/25 (Call 04/04/25) | 939 | 945545 |
| Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 09/20/25 (Call 09/20/23)<sup>(b)</sup> | 753 | 769034 |
| U.S. Airways Pass Through Trust, Series 2013-1, |  |  |
| &nbsp;&nbsp;&nbsp;Class A, 3.95%, 05/15/27 | 213 | 198118 |
| United Airlines Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/15/25<sup>(c)</sup> | 290 | 284844 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/24<sup>(c)</sup> | 225 | 223803 |
| United Airlines Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/26 (Call 10/15/25)<sup>(b)</sup> | 1245 | 1182650 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/15/29 (Call 10/15/25)<sup>(b)</sup> | 1400 | 1277402 |
| United Airlines Pass Through Trust |  |  |
| &nbsp;&nbsp;&nbsp;Series 2013-1, Class A, 4.30%, 02/15/27 | 486 | 461809 |
| &nbsp;&nbsp;&nbsp;Series 2014-1, Class A, 4.00%, 10/11/27 | 483 | 447834 |
| &nbsp;&nbsp;&nbsp;Series 2014-2, Class A, 3.75%, 03/03/28 | 630 | 581179 |
| &nbsp;&nbsp;&nbsp;Series 2016-1, Class AA, 3.10%, 01/07/30 | 344 | 311808 |
| &nbsp;&nbsp;&nbsp;Series 2016-2, Class AA, 2.88%, 04/07/30 | 360 | 319987 |
| &nbsp;&nbsp;&nbsp;Series 2018-1, Class AA, 3.50%, 09/01/31 | 584 | 517180 |
| &nbsp;&nbsp;&nbsp;Series 2019, Class AA, 4.15%, 02/25/33 | 643 | 588113 |
| &nbsp;&nbsp;&nbsp;Series 2019-2, Class AA, 2.70%, 11/01/33 | 24 | 19775 |
| &nbsp;&nbsp;&nbsp;Series 2019-2, Class B, 3.50%, 11/01/29 | 97 | 85757 |
| &nbsp;&nbsp;&nbsp;Series 2020-1, Class A, 5.88%, 04/15/29 | 831 | 839065 |
| &nbsp;&nbsp;&nbsp;Series 2020-1, Class B, 4.88%, 07/15/27 | 912 | 883660 |
| Unity 1 Sukuk Ltd., 2.39%, 11/03/25<sup>(d)</sup> | 400 | 372404 |
|  |  | 40690613 |
| **Apparel — 0.1%** |  |  |
| Crocs Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/15/31 (Call 08/15/26)<sup>(b)</sup> | 360 | 298742 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 206 | 179521 |
| Hanesbrands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/15/24 (Call 02/15/24)<sup>(b)</sup> | 549 | 539799 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/26 (Call 02/15/26)<sup>(b)</sup> | 845 | 790084 |
| Kontoor Brands Inc., 4.13%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 256 | 221146 |
| Levi Strauss & Co., 3.50%, 03/01/31 (Call 03/01/26)<sup>(b)(c)</sup> | 300 | 253581 |
| Michael Kors USA Inc., 4.25%, 11/01/24 (Call 09/01/24)<sup>(b)</sup> | 1090 | 1060047 |
| NIKE Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 11/01/26 (Call 08/01/26) | 795 | 746600 |
| &nbsp;&nbsp;&nbsp;2.40%, 03/27/25 (Call 02/27/25) | 315 | 304813 |
| &nbsp;&nbsp;&nbsp;2.75%, 03/27/27 (Call 01/27/27) | 567 | 538593 |
| &nbsp;&nbsp;&nbsp;2.85%, 03/27/30 (Call 12/27/29) | 1462 | 1344075 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/27/40 (Call 09/27/39) | 1335 | 1144963 |
| &nbsp;&nbsp;&nbsp;3.38%, 11/01/46 (Call 05/01/46) | 535 | 445917 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/27/50 (Call 09/27/49)<sup>(c)</sup> | 482 | 403150 |
| &nbsp;&nbsp;&nbsp;3.63%, 05/01/43 (Call 11/01/42) | 192 | 169559 |
| &nbsp;&nbsp;&nbsp;3.88%, 11/01/45 (Call 05/01/45) | 290 | 265782 |
| PVH Corp., 4.63%, 07/10/25 (Call 06/10/25) | 767 | 754237 |
| Ralph Lauren Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 06/15/30 (Call 03/15/30) | 212 | 190024 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/15/25 (Call 07/15/25) | 338 | 330706 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Apparel (continued)** |  |  |
| Tapestry Inc., 4.13%, 07/15/27 (Call 04/15/27) | $149 | $143454 |
| Under Armour Inc., 3.25%, 06/15/26 (Call 03/15/26) | 515 | 470051 |
| VF Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 04/23/25 (Call 03/23/25) | 421 | 399377 |
| &nbsp;&nbsp;&nbsp;2.80%, 04/23/27 (Call 02/23/27) | 211 | 196097 |
| &nbsp;&nbsp;&nbsp;2.95%, 04/23/30 (Call 01/23/30) | 160 | 139053 |
| William Carter Co. (The), 5.63%, 03/15/27 (Call 03/15/23)<sup>(b)</sup> | 351 | 342478 |
| Wolverine World Wide Inc., 4.00%, 08/15/29 (Call 08/15/24)<sup>(b)</sup> | 335 | 269132 |
|  |  | 11940981 |
| **Auto Manufacturers — 0.7%** |  |  |
| Allison Transmission Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/30/31 (Call 01/30/26)<sup>(b)</sup> | 785 | 667933 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/01/27 (Call 10/01/23)<sup>(b)</sup> | 320 | 303392 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 345 | 332280 |
| American Honda Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 08/09/24 | 200 | 188544 |
| &nbsp;&nbsp;&nbsp;1.00%, 09/10/25 | 380 | 346879 |
| &nbsp;&nbsp;&nbsp;1.20%, 07/08/25 | 485 | 447291 |
| &nbsp;&nbsp;&nbsp;1.30%, 09/09/26 | 625 | 560413 |
| &nbsp;&nbsp;&nbsp;1.50%, 01/13/25 | 210 | 198215 |
| &nbsp;&nbsp;&nbsp;1.80%, 01/13/31 | 468 | 386067 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/24/28 | 460 | 409754 |
| &nbsp;&nbsp;&nbsp;2.15%, 09/10/24 | 426 | 409429 |
| &nbsp;&nbsp;&nbsp;2.25%, 01/12/29 | 208 | 184003 |
| &nbsp;&nbsp;&nbsp;2.30%, 09/09/26 | 535 | 496796 |
| &nbsp;&nbsp;&nbsp;2.35%, 01/08/27 | 831 | 769232 |
| &nbsp;&nbsp;&nbsp;2.40%, 06/27/24 | 639 | 618514 |
| &nbsp;&nbsp;&nbsp;2.90%, 02/16/24 | 300 | 293910 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/15/28 | 666 | 638155 |
| &nbsp;&nbsp;&nbsp;4.70%, 01/12/28 | 190 | 191803 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/12/26 | 115 | 115966 |
| Aston Martin Capital Holdings Ltd., 10.50%, 11/30/25 (Call 11/01/24)<sup>(b)</sup> | 765 | 750947 |
| Baic Finance Investment Co. Ltd., 2.00%, 03/16/24<sup>(d)</sup> | 200 | 192412 |
| BMW Finance NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.40%, 08/14/24 (Call 07/14/24)<sup>(b)</sup> | 1038 | 1002853 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.85%, 08/14/29 (Call 05/14/29)<sup>(b)</sup> | 535 | 480056 |
| BMW U.S. Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 08/12/24<sup>(b)</sup> | 265 | 249813 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 04/01/24<sup>(b)</sup> | 920 | 878269 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 08/12/26 (Call 07/12/26)<sup>(b)</sup> | 470 | 419151 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.95%, 08/12/31 (Call 05/12/31)<sup>(b)</sup> | 320 | 260880 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.55%, 04/01/31 (Call 01/01/31)<sup>(b)</sup> | 468 | 402157 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.80%, 04/11/26 (Call 01/11/26)<sup>(b)</sup> | 980 | 929471 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 04/18/24 (Call 03/18/24)<sup>(b)</sup> | 293 | 286876 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/01/25<sup>(b)</sup> | 100 | 97214 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 04/06/27 (Call 01/06/27)<sup>(b)</sup> | 170 | 162270 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 04/01/27 (Call 03/01/27)<sup>(b)</sup> | 800 | 770480 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 04/18/29 (Call 01/18/29)<sup>(b)</sup> | 130 | 122695 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 04/01/32 (Call 01/01/32)<sup>(b)(c)</sup> | 605 | 562057 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/12/28 (Call 01/12/28)<sup>(b)</sup> | 690 | 668631 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 04/09/25 (Call 03/09/25)<sup>(b)</sup> | 750 | 738458 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 08/14/28 (Call 05/14/28)<sup>(b)</sup> | 100 | 96840 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 04/09/30 (Call 01/09/30)<sup>(b)</sup> | 720 | 700848 |
| Cummins Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 09/01/25 (Call 08/01/25) | 185 | 168333 |
| &nbsp;&nbsp;&nbsp;1.50%, 09/01/30 (Call 06/01/30) | 953 | 778992 |
| &nbsp;&nbsp;&nbsp;2.60%, 09/01/50 (Call 03/01/50) | 235 | 158291 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Auto Manufacturers (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 10/01/43 (Call 04/01/43) | $245 | $247112 |
| Daimler Finance North America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 03/01/24<sup>(b)</sup> | 95 | 90822 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 03/10/25<sup>(b)</sup> | 1325 | 1253476 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 03/10/30<sup>(b)</sup> | 915 | 797477 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 06/14/24<sup>(b)</sup> | 329 | 319666 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.10%, 08/15/29<sup>(b)</sup> | 1043 | 952666 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 05/19/25<sup>(b)</sup> | 230 | 222914 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 02/22/29<sup>(b)</sup> | 660 | 649031 |
| Daimler Truck Finance North America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/19/28<sup>(b)</sup> | 1000 | 1009510 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.15%, 01/16/26<sup>(b)</sup> | 1000 | 1006110 |
| &nbsp;&nbsp;&nbsp;5.20%, 01/17/25 | 520 | 522413 |
| Daimler Trucks Finance North America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 12/13/24<sup>(b)</sup> | 640 | 601613 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/14/26<sup>(b)</sup> | 390 | 351211 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/07/25<sup>(b)</sup> | 500 | 484530 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.65%, 04/07/27<sup>(b)</sup> | 810 | 776312 |
| Ford Holdings LLC, 9.30%, 03/01/30 | 320 | 369123 |
| Ford Motor Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 02/12/32 (Call 11/12/31) | 1640 | 1302308 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 12/08/26 (Call 09/08/26)<sup>(c)</sup> | 909 | 885421 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/43 | 1376 | 1074642 |
| &nbsp;&nbsp;&nbsp;5.29%, 12/08/46 (Call 06/08/46) | 886 | 734069 |
| &nbsp;&nbsp;&nbsp;6.10%, 08/19/32 (Call 05/19/32) | 1145 | 1123531 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 02/01/29<sup>(c)</sup> | 160 | 162086 |
| &nbsp;&nbsp;&nbsp;6.63%, 10/01/28 | 500 | 520920 |
| &nbsp;&nbsp;&nbsp;7.13%, 11/15/25 | 125 | 129110 |
| &nbsp;&nbsp;&nbsp;7.40%, 11/01/46 | 375 | 386666 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.45%, 07/16/31<sup>(c)</sup> | 678 | 727535 |
| &nbsp;&nbsp;&nbsp;7.50%, 08/01/26 | 2 | 2110 |
| &nbsp;&nbsp;&nbsp;9.63%, 04/22/30 (Call 01/22/30) | 345 | 405755 |
| Ford Motor Credit Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 02/10/25 (Call 01/10/25) | 850 | 790067 |
| &nbsp;&nbsp;&nbsp;2.70%, 08/10/26 (Call 07/10/26) | 943 | 841571 |
| &nbsp;&nbsp;&nbsp;2.90%, 02/16/28 (Call 12/16/27) | 450 | 388215 |
| &nbsp;&nbsp;&nbsp;2.90%, 02/10/29 (Call 12/10/28) | 500 | 417405 |
| &nbsp;&nbsp;&nbsp;3.38%, 11/13/25 (Call 10/13/25) | 1400 | 1303960 |
| &nbsp;&nbsp;&nbsp;3.63%, 06/17/31 (Call 03/17/31) | 610 | 507209 |
| &nbsp;&nbsp;&nbsp;3.66%, 09/08/24 | 415 | 400529 |
| &nbsp;&nbsp;&nbsp;3.82%, 11/02/27 (Call 08/02/27) | 545 | 492086 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/13/30 (Call 08/13/30) | 1065 | 929756 |
| &nbsp;&nbsp;&nbsp;4.06%, 11/01/24 (Call 10/01/24) | 1000 | 969480 |
| &nbsp;&nbsp;&nbsp;4.13%, 08/04/25 | 910 | 869159 |
| &nbsp;&nbsp;&nbsp;4.13%, 08/17/27 (Call 06/17/27) | 758 | 698414 |
| &nbsp;&nbsp;&nbsp;4.27%, 01/09/27 (Call 11/09/26) | 810 | 761465 |
| &nbsp;&nbsp;&nbsp;4.39%, 01/08/26 | 985 | 947698 |
| &nbsp;&nbsp;&nbsp;4.54%, 08/01/26 (Call 06/01/26) | 510 | 484546 |
| &nbsp;&nbsp;&nbsp;4.69%, 06/09/25 (Call 04/09/25) | 310 | 300976 |
| &nbsp;&nbsp;&nbsp;4.95%, 05/28/27 (Call 04/28/27) | 1100 | 1055791 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.11%, 05/03/29 (Call 02/03/29)<sup>(c)</sup> | 967 | 916213 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/16/25 (Call 05/16/25) | 975 | 955539 |
| &nbsp;&nbsp;&nbsp;5.58%, 03/18/24 (Call 02/18/24) | 845 | 840767 |
| &nbsp;&nbsp;&nbsp;6.95%, 03/06/26 | 900 | 920484 |
| &nbsp;&nbsp;&nbsp;7.35%, 11/04/27 (Call 10/04/27) | 1000 | 1048720 |
| &nbsp;&nbsp;&nbsp;7.35%, 03/06/30 | 800 | 840200 |
| Geely Automobile Holdings Ltd., 4.00%, (Call 12/04/24)<sup>(a)(d)(f)</sup> | 200 | 189744 |
| Geely Finance Hong Kong Ltd., 3.00%, 03/05/25<sup>(d)</sup> | 200 | 185922 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Auto Manufacturers (continued)** |  |  |
| General Motors Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/25 | $78 | $76094 |
| &nbsp;&nbsp;&nbsp;4.20%, 10/01/27 (Call 07/01/27) | 744 | 719396 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/01/28 (Call 07/01/28) | 531 | 524734 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/01/35 | 328 | 301688 |
| &nbsp;&nbsp;&nbsp;5.15%, 04/01/38 (Call 10/01/37) | 554 | 504605 |
| &nbsp;&nbsp;&nbsp;5.20%, 04/01/45 | 1312 | 1144431 |
| &nbsp;&nbsp;&nbsp;5.40%, 10/15/29 (Call 08/15/29) | 535 | 531437 |
| &nbsp;&nbsp;&nbsp;5.40%, 04/01/48 (Call 10/01/47) | 430 | 380150 |
| &nbsp;&nbsp;&nbsp;5.60%, 10/15/32 (Call 07/15/32) | 740 | 730609 |
| &nbsp;&nbsp;&nbsp;5.95%, 04/01/49 (Call 10/01/48) | 530 | 508466 |
| &nbsp;&nbsp;&nbsp;6.13%, 10/01/25 (Call 09/01/25) | 1125 | 1153631 |
| &nbsp;&nbsp;&nbsp;6.25%, 10/02/43 | 870 | 866737 |
| &nbsp;&nbsp;&nbsp;6.60%, 04/01/36 (Call 10/01/35) | 738 | 772369 |
| &nbsp;&nbsp;&nbsp;6.75%, 04/01/46 (Call 10/01/45) | 684 | 711736 |
| &nbsp;&nbsp;&nbsp;6.80%, 10/01/27 (Call 08/01/27) | 744 | 790998 |
| General Motors Financial Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.05%, 03/08/24 | 540 | 516542 |
| &nbsp;&nbsp;&nbsp;1.20%, 10/15/24 | 150 | 140240 |
| &nbsp;&nbsp;&nbsp;1.25%, 01/08/26 (Call 12/08/25) | 1140 | 1021645 |
| &nbsp;&nbsp;&nbsp;1.50%, 06/10/26 (Call 05/10/26) | 955 | 848899 |
| &nbsp;&nbsp;&nbsp;2.35%, 02/26/27 (Call 01/26/27) | 325 | 291850 |
| &nbsp;&nbsp;&nbsp;2.35%, 01/08/31 (Call 10/08/30) | 640 | 511750 |
| &nbsp;&nbsp;&nbsp;2.40%, 04/10/28 (Call 02/10/28) | 547 | 476754 |
| &nbsp;&nbsp;&nbsp;2.40%, 10/15/28 (Call 08/15/28) | 1055 | 904219 |
| &nbsp;&nbsp;&nbsp;2.70%, 08/20/27 (Call 06/20/27) | 910 | 817016 |
| &nbsp;&nbsp;&nbsp;2.70%, 06/10/31 (Call 03/10/31) | 640 | 516422 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/20/25 (Call 05/20/25) | 898 | 847353 |
| &nbsp;&nbsp;&nbsp;2.90%, 02/26/25 (Call 01/26/25) | 1228 | 1171672 |
| &nbsp;&nbsp;&nbsp;3.10%, 01/12/32 (Call 10/12/31) | 585 | 484959 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/07/24 (Call 09/07/24) | 270 | 262184 |
| &nbsp;&nbsp;&nbsp;3.60%, 06/21/30 (Call 03/21/30) | 970 | 854492 |
| &nbsp;&nbsp;&nbsp;3.85%, 01/05/28 (Call 10/05/27) | 246 | 230571 |
| &nbsp;&nbsp;&nbsp;3.95%, 04/13/24 (Call 02/13/24) | 1177 | 1161369 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/15/25 (Call 10/15/24) | 727 | 711224 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/06/26 (Call 07/06/26) | 922 | 888660 |
| &nbsp;&nbsp;&nbsp;4.30%, 07/13/25 (Call 04/13/25) | 825 | 808566 |
| &nbsp;&nbsp;&nbsp;4.30%, 04/06/29 (Call 02/06/29) | 530 | 495608 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/09/25 (Call 02/09/25) | 562 | 551384 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 01/17/27 (Call 10/17/26)<sup>(c)</sup> | 800 | 776416 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/09/27 (Call 03/09/27) | 1120 | 1110032 |
| &nbsp;&nbsp;&nbsp;5.25%, 03/01/26 (Call 12/01/25) | 682 | 682498 |
| &nbsp;&nbsp;&nbsp;5.65%, 01/17/29 (Call 10/17/28) | 468 | 472048 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/09/28 (Call 12/09/27) | 600 | 617082 |
| &nbsp;&nbsp;&nbsp;6.05%, 10/10/25 | 900 | 917109 |
| &nbsp;&nbsp;&nbsp;6.40%, 01/09/33 (Call 10/09/32) | 600 | 623922 |
| Honda Motor Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.27%, 03/10/25 (Call 02/10/25) | 100 | 95242 |
| &nbsp;&nbsp;&nbsp;2.53%, 03/10/27 (Call 02/10/27) | 700 | 652981 |
| &nbsp;&nbsp;&nbsp;2.97%, 03/10/32 (Call 12/10/31) | 608 | 541789 |
| Hyundai Assan Otomotiv Sanayi ve Ticaret AS, 1.63%, 07/12/26<sup>(d)</sup> | 200 | 172248 |
| Hyundai Capital America |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 01/08/24<sup>(b)</sup> | 680 | 652956 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 06/14/24<sup>(b)</sup> | 1310 | 1235684 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 09/17/24<sup>(b)</sup> | 690 | 644943 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.30%, 01/08/26 (Call 12/08/25)<sup>(b)</sup> | 1115 | 995940 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 06/15/26 (Call 05/15/26)<sup>(b)</sup> | 805 | 715613 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.65%, 09/17/26 (Call 08/17/26)<sup>(b)</sup> | 745 | 658789 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.80%, 10/15/25 (Call 09/15/25)<sup>(b)</sup> | 705 | 643397 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Auto Manufacturers (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.80%, 01/10/28 (Call 11/10/27)<sup>(b)</sup> | $683 | $576903 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/15/28 (Call 04/15/28)<sup>(b)</sup> | 735 | 622942 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.10%, 09/15/28 (Call 07/17/28)<sup>(b)</sup> | 530 | 448884 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 10/15/27 (Call 08/15/27)<sup>(b)</sup> | 795 | 703845 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.65%, 02/10/25 (Call 01/10/25)<sup>(b)</sup> | 850 | 808384 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 09/27/26<sup>(d)</sup> | 350 | 320912 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/10/27 (Call 12/10/26)<sup>(b)</sup> | 605 | 557477 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 06/20/24<sup>(c)(d)</sup> | 400 | 388712 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/02/26 (Call 09/02/26)<sup>(b)</sup> | 937 | 877266 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 02/01/24<sup>(d)</sup> | 50 | 49411 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/07/25 (Call 03/07/25)<sup>(b)(c)</sup> | 593 | 599007 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 04/08/30 (Call 01/08/30)<sup>(b)(c)</sup> | 270 | 284488 |
| Hyundai Capital Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 02/08/26<sup>(d)</sup> | 600 | 530898 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 04/24/25<sup>(d)</sup> | 400 | 370152 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/24/27<sup>(d)</sup> | 200 | 179028 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 08/29/27<sup>(d)</sup> | 200 | 185068 |
| Hyundai Motor Manufacturing Indonesia PT, 1.75%, 05/06/26<sup>(d)</sup> | 200 | 174454 |
| Jaguar Land Rover Automotive PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/27 (Call 07/01/27)<sup>(b)(c)</sup> | 325 | 270998 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/15/29 (Call 07/15/24)<sup>(b)</sup> | 340 | 265387 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 380 | 323262 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 10/15/25 (Call 10/15/23)<sup>(b)</sup> | 840 | 826871 |
| JB Poindexter & Co. Inc., 7.13%, 04/15/26 (Call 04/15/23)<sup>(b)</sup> | 330 | 325849 |
| Kia Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 04/16/24<sup>(d)</sup> | 261 | 248041 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 10/16/26<sup>(d)</sup> | 800 | 699088 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 02/14/27<sup>(d)</sup> | 200 | 180428 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/21/26<sup>(b)</sup> | 300 | 280038 |
| Mercedes-Benz Finance North America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 08/01/24<sup>(b)</sup> | 290 | 283266 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/03/25<sup>(b)</sup> | 1165 | 1131553 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.65%, 02/22/24<sup>(b)</sup> | 330 | 325552 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/22/28<sup>(b)</sup> | 970 | 934352 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 11/29/27<sup>(b)</sup> | 150 | 154467 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 11/26/25<sup>(b)</sup> | 300 | 305055 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 11/27/24<sup>(b)</sup> | 240 | 243360 |
| &nbsp;&nbsp;&nbsp;8.50%, 01/18/31 | 478 | 610827 |
| Nissan Motor Acceptance Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 09/16/24<sup>(b)</sup> | 1025 | 949908 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.85%, 09/16/26 (Call 08/16/26)<sup>(b)</sup> | 1760 | 1519883 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 09/15/28 (Call 07/15/28)<sup>(b)</sup> | 840 | 682458 |
| Nissan Motor Acceptance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 03/09/26 (Call 02/09/26)<sup>(b)</sup> | 115 | 101961 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 03/09/28 (Call 01/09/28)<sup>(b)</sup> | 865 | 730380 |
| Nissan Motor Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.52%, 09/17/25 (Call 08/17/25)<sup>(b)</sup> | 1490 | 1406754 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 09/17/27 (Call 07/17/27)<sup>(b)</sup> | 1545 | 1453150 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.81%, 09/17/30 (Call 06/17/30)<sup>(b)</sup> | 1313 | 1186821 |
| PACCAR Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 08/09/24 | 315 | 296132 |
| &nbsp;&nbsp;&nbsp;1.10%, 05/11/26 | 240 | 216410 |
| &nbsp;&nbsp;&nbsp;1.80%, 02/06/25 | 349 | 330730 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/04/27 | 200 | 183860 |
| &nbsp;&nbsp;&nbsp;2.15%, 08/15/24 | 210 | 202003 |
| &nbsp;&nbsp;&nbsp;3.15%, 06/13/24 | 125 | 122661 |
| &nbsp;&nbsp;&nbsp;3.55%, 08/11/25 | 210 | 206056 |
| &nbsp;&nbsp;&nbsp;4.60%, 01/10/28 | 400 | 405428 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Auto Manufacturers (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.95%, 10/03/25 | $235 | $238128 |
| PM General Purchaser LLC, 9.50%, 10/01/28 (Call 10/01/23)<sup>(b)</sup> | 420 | 321279 |
| Stellantis Finance U.S. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.71%, 01/29/27 (Call 12/29/26)<sup>(b)</sup> | 1220 | 1076186 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.69%, 09/15/31 (Call 06/15/31)<sup>(b)(c)</sup> | 870 | 700898 |
| Toyota Motor Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.68%, 03/25/24 (Call 02/25/24) | 475 | 453791 |
| &nbsp;&nbsp;&nbsp;1.34%, 03/25/26 (Call 02/25/26) | 949 | 863780 |
| &nbsp;&nbsp;&nbsp;2.36%, 07/02/24 | 160 | 154958 |
| &nbsp;&nbsp;&nbsp;2.36%, 03/25/31 (Call 12/25/30) | 595 | 517412 |
| &nbsp;&nbsp;&nbsp;2.76%, 07/02/29 | 615 | 563174 |
| &nbsp;&nbsp;&nbsp;3.67%, 07/20/28 | 165 | 160484 |
| Toyota Motor Credit Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 06/18/24 | 895 | 845301 |
| &nbsp;&nbsp;&nbsp;0.63%, 09/13/24 | 965 | 906038 |
| &nbsp;&nbsp;&nbsp;0.80%, 10/16/25 | 600 | 544278 |
| &nbsp;&nbsp;&nbsp;0.80%, 01/09/26 | 15 | 13572 |
| &nbsp;&nbsp;&nbsp;1.13%, 06/18/26 | 1320 | 1184159 |
| &nbsp;&nbsp;&nbsp;1.15%, 08/13/27 | 105 | 91388 |
| &nbsp;&nbsp;&nbsp;1.45%, 01/13/25 | 500 | 471515 |
| &nbsp;&nbsp;&nbsp;1.65%, 01/10/31 | 60 | 49137 |
| &nbsp;&nbsp;&nbsp;1.80%, 02/13/25 | 570 | 539209 |
| &nbsp;&nbsp;&nbsp;1.90%, 01/13/27 | 520 | 473730 |
| &nbsp;&nbsp;&nbsp;1.90%, 04/06/28 | 1060 | 943506 |
| &nbsp;&nbsp;&nbsp;1.90%, 09/12/31 | 805 | 664536 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/07/24 | 235 | 225250 |
| &nbsp;&nbsp;&nbsp;2.15%, 02/13/30 | 217 | 189380 |
| &nbsp;&nbsp;&nbsp;2.40%, 01/13/32 | 10 | 8579 |
| &nbsp;&nbsp;&nbsp;2.90%, 04/17/24 | 381 | 373106 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/25 | 467 | 451631 |
| &nbsp;&nbsp;&nbsp;3.05%, 03/22/27 | 1175 | 1117061 |
| &nbsp;&nbsp;&nbsp;3.05%, 01/11/28 | 439 | 413393 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/11/27 | 767 | 735492 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/01/30 | 786 | 738840 |
| &nbsp;&nbsp;&nbsp;3.40%, 04/14/25 | 427 | 416184 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/24/25<sup>(d)(g)</sup> | 450 | 436541 |
| &nbsp;&nbsp;&nbsp;3.65%, 08/18/25 | 435 | 425617 |
| &nbsp;&nbsp;&nbsp;3.65%, 01/08/29 | 326 | 314932 |
| &nbsp;&nbsp;&nbsp;3.95%, 06/30/25 | 440 | 434328 |
| &nbsp;&nbsp;&nbsp;4.40%, 09/20/24 | 640 | 637203 |
| &nbsp;&nbsp;&nbsp;4.45%, 06/29/29 | 540 | 543650 |
| &nbsp;&nbsp;&nbsp;4.55%, 09/20/27 | 690 | 696217 |
| &nbsp;&nbsp;&nbsp;4.63%, 01/12/28 | 340 | 343434 |
| &nbsp;&nbsp;&nbsp;4.70%, 01/12/33 | 360 | 365972 |
| &nbsp;&nbsp;&nbsp;4.80%, 01/10/25 | 350 | 351243 |
| &nbsp;&nbsp;&nbsp;5.40%, 11/10/25 | 400 | 409312 |
| &nbsp;&nbsp;&nbsp;5.45%, 11/10/27 | 400 | 417436 |
| Volkswagen Group of America Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 11/24/25 (Call 10/24/25)<sup>(b)</sup> | 1410 | 1274471 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 11/24/27 (Call 09/24/27)<sup>(b)(c)</sup> | 1023 | 883238 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.85%, 09/26/24<sup>(b)</sup> | 573 | 552492 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 09/26/26<sup>(b)</sup> | 335 | 315155 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.35%, 05/13/25<sup>(b)</sup> | 625 | 602119 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/13/30<sup>(b)</sup> | 145 | 132157 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 06/06/25<sup>(b)</sup> | 1090 | 1063186 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 06/08/27 (Call 05/08/27)<sup>(b)</sup> | 1190 | 1161142 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 06/08/29 (Call 04/08/29)<sup>(b)</sup> | 815 | 798749 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/13/25<sup>(b)</sup> | 300 | 296775 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 11/13/28<sup>(b)</sup> | 566 | 562678 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Auto Manufacturers (continued)** |  |  |
| Wabash National Corp., 4.50%, 10/15/28 (Call 10/15/24)<sup>(b)</sup> | $345 | $303579 |
|  |  | 144887595 |
| **Auto Parts & Equipment — 0.1%** |  |  |
| Adient Global Holdings Ltd., 4.88%, 08/15/26 (Call 08/15/23)<sup>(b)(c)</sup> | 485 | 460221 |
| American Axle & Manufacturing Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/29 (Call 10/01/24)<sup>(c)</sup> | 345 | 284625 |
| &nbsp;&nbsp;&nbsp;6.25%, 03/15/26 (Call 03/15/23) | 181 | 170448 |
| &nbsp;&nbsp;&nbsp;6.50%, 04/01/27 (Call 04/01/23) | 380 | 350512 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 07/01/28 (Call 07/01/23)<sup>(c)</sup> | 325 | 295964 |
| Aptiv PLC |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 12/01/51 (Call 06/01/51) | 1205 | 779201 |
| &nbsp;&nbsp;&nbsp;4.35%, 03/15/29 (Call 12/15/28) | 265 | 255677 |
| &nbsp;&nbsp;&nbsp;4.40%, 10/01/46 (Call 04/01/46) | 118 | 94430 |
| &nbsp;&nbsp;&nbsp;5.40%, 03/15/49 (Call 09/15/48) | 384 | 354858 |
| Aptiv PLC/Aptiv Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 03/01/32 (Call 12/01/31) | 475 | 410495 |
| &nbsp;&nbsp;&nbsp;4.15%, 05/01/52 (Call 11/01/51) | 650 | 507273 |
| BorgWarner Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 07/01/27 (Call 05/01/27) | 648 | 596225 |
| &nbsp;&nbsp;&nbsp;3.38%, 03/15/25 (Call 12/15/24) | 270 | 261106 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/45 (Call 09/15/44) | 95 | 78138 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/25<sup>(b)</sup> | 1172 | 1163257 |
| Clarios Global LP, 6.75%, 05/15/25 (Call 05/15/23)<sup>(b)</sup> | 259 | 260637 |
| Clarios Global LP/Clarios US Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 05/15/26 (Call 05/15/23)<sup>(b)(c)</sup> | 660 | 656126 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 05/15/27 (Call 05/15/23)<sup>(b)(c)</sup> | 1291 | 1287140 |
| Cooper-Standard Automotive Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/15/27<sup>(c)</sup> | 263 | 126251 |
| &nbsp;&nbsp;&nbsp;&nbsp;13.50%, 03/31/27<sup>(c)</sup> | 381 | 395651 |
| Dana Financing Luxembourg Sarl, 5.75%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 195 | 193892 |
| Dana Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 09/01/30 (Call 05/01/26) | 260 | 220454 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/15/32 (Call 02/15/27) | 250 | 210763 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/15/27 (Call 11/15/23) | 280 | 267201 |
| &nbsp;&nbsp;&nbsp;5.63%, 06/15/28 (Call 06/15/23) | 265 | 250425 |
| Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28 (Call 08/01/23)<sup>(b)</sup> | 330 | 305603 |
| Dornoch Debt Merger Sub Inc., 6.63%, 10/15/29 (Call 10/15/24)<sup>(b)</sup> | 450 | 340938 |
| Goodyear Tire & Rubber Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/15/27 (Call 12/15/26)<sup>(c)</sup> | 479 | 450044 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/31/26 (Call 05/31/23)<sup>(c)</sup> | 545 | 527162 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/15/29 (Call 04/15/29) | 555 | 489454 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/30/31 (Call 01/30/31)<sup>(c)</sup> | 385 | 331470 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 07/15/31 (Call 04/15/31)<sup>(c)</sup> | 385 | 325772 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 04/30/33 (Call 01/30/33)<sup>(c)</sup> | 310 | 265710 |
| &nbsp;&nbsp;&nbsp;7.00%, 03/15/28 | 199 | 202898 |
| &nbsp;&nbsp;&nbsp;9.50%, 05/31/25 (Call 05/31/23) | 532 | 550732 |
| IHO Verwaltungs GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/15/26 (Call 09/15/23), (5.50% PIK)<sup>(b)(h)</sup> | 315 | 288439 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 05/15/27 (Call 05/15/23), (6.75% PIK)<sup>(b)(h)</sup> | 300 | 277749 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 05/15/29 (Call 05/15/24), (7.13% PIK)<sup>(b)(h)</sup> | 240 | 209923 |
| Lear Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.60%, 01/15/32 (Call 10/15/31) | 430 | 337533 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/30/30 (Call 02/28/30) | 90 | 78830 |
| &nbsp;&nbsp;&nbsp;3.55%, 01/15/52 (Call 07/15/51) | 215 | 142412 |
| &nbsp;&nbsp;&nbsp;3.80%, 09/15/27 (Call 06/15/27) | 147 | 140140 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/15/29 (Call 02/15/29) | 280 | 263623 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Auto Parts & Equipment (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 05/15/49 (Call 11/15/48) | $460 | $409529 |
| Levc Finance Ltd., 1.38%, 03/25/24<sup>(d)</sup> | 200 | 191588 |
| Magna International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 06/15/30 (Call 03/15/30) | 520 | 445021 |
| &nbsp;&nbsp;&nbsp;3.63%, 06/15/24 (Call 03/15/24) | 1010 | 992204 |
| &nbsp;&nbsp;&nbsp;4.15%, 10/01/25 (Call 07/01/25) | 180 | 176931 |
| Nemak SAB de CV, 3.63%, 06/28/31 (Call 03/28/31)<sup>(d)</sup> | 400 | 321768 |
| Real Hero Merger Sub 2 Inc., 6.25%, 02/01/29 (Call 02/01/24)<sup>(b)(c)</sup> | 405 | 300429 |
| Titan International Inc., 7.00%, 04/30/28 (Call 04/30/24) | 245 | 234666 |
| Toyota Industries Corp., 3.57%, 03/16/28 (Call 12/16/27)<sup>(b)(c)</sup> | 504 | 478341 |
| Wheel Pros Inc., 6.50%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 245 | 95026 |
| ZF North America Capital Inc., 4.75%, 04/29/25<sup>(b)</sup> | 645 | 623644 |
|  |  | 19728549 |
| **Banks — 6.6%** |  |  |
| ABN AMRO Bank NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.54%, 06/16/27 (Call 06/16/26)<sup>(a)(b)</sup> | 760 | 667440 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.47%, 12/13/29 (Call 12/13/28)<sup>(a)(b)</sup> | 600 | 507480 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.32%, 03/13/37 (Call 12/13/31)<sup>(a)(b)</sup> | 895 | 698547 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/28/25<sup>(b)</sup> | 885 | 869150 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, 04/18/26<sup>(b)</sup> | 1575 | 1537027 |
| ABQ Finance Co., 2.00%, 07/06/26<sup>(d)</sup> | 200 | 180814 |
| ABQ Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 09/08/25<sup>(d)</sup> | 400 | 367988 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 09/24/24<sup>(d)</sup> | 400 | 386464 |
| Abu Dhabi Commercial Bank PJSC, 3.50%, 03/31/27<sup>(d)</sup> | 800 | 763832 |
| Access Bank PLC, 6.13%, 09/21/26<sup>(d)</sup> | 400 | 349940 |
| Agricultural Bank of China Ltd., 0.75%, 03/02/24<sup>(d)</sup> | 200 | 191686 |
| Agricultural Bank of China Ltd./Hong Kong |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.70%, 06/17/24<sup>(d)</sup> | 400 | 378788 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.20%, 10/22/25<sup>(d)</sup> | 400 | 364388 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 03/01/25<sup>(d)</sup> | 200 | 189322 |
| Agricultural Bank of China Ltd./New York |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 01/19/26<sup>(d)</sup> | 800 | 728496 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 01/18/25<sup>(d)</sup> | 200 | 188112 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/18/27<sup>(d)</sup> | 400 | 368892 |
| Agricultural Bank Of China Ltd./Singapore, 1.25%, 03/02/26<sup>(d)</sup> | 600 | 544176 |
| AIB Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.26%, 04/10/25 (Call 04/10/24)<sup>(a)(b)</sup> | 465 | 455175 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.58%, 10/14/26 (Call 10/14/25)<sup>(a)(b)</sup> | 400 | 413984 |
| Akbank TAS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 03/31/25<sup>(d)</sup> | 400 | 380932 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.80%, 02/06/26<sup>(d)</sup> | 400 | 383368 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.80%, 06/22/31 (Call 06/22/26)<sup>(a)(d)</sup> | 200 | 180422 |
| ANZ Bank New Zealand Ltd., 5.55%, 08/11/32 (Call 08/11/27)<sup>(a)(b)</sup> | 300 | 299604 |
| ANZ New Zealand Int'l Ltd./London |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 06/22/26<sup>(b)</sup> | 355 | 315698 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.17%, 02/18/25<sup>(b)</sup> | 345 | 326242 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/19/24<sup>(b)</sup> | 789 | 775642 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 07/17/27<sup>(b)</sup> | 854 | 806928 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 01/21/28<sup>(b)</sup> | 834 | 783093 |
| Arab National Bank, 3.33%, 10/28/30 (Call 10/28/25)<sup>(a)(d)</sup> | 600 | 568602 |
| ASB Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 10/22/26<sup>(b)</sup> | 715 | 636822 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 10/22/31<sup>(b)</sup> | 410 | 333699 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/23/24<sup>(b)</sup> | $338 | $329854 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.28%, 06/17/32 (Call 06/17/27)<sup>(a)(b)</sup> | 465 | 448646 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.40%, 11/29/27<sup>(b)</sup> | 830 | 846932 |
| AUB Sukuk Ltd., 2.62%, 09/09/26<sup>(d)</sup> | 400 | 368132 |
| Australia & New Zealand Banking Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.57%, 11/25/35 (Call 11/25/30)<sup>(a)(b)</sup> | 2155 | 1669306 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 07/22/30 (Call 07/22/25)<sup>(a)(b)</sup> | 1969 | 1811263 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 05/19/26<sup>(b)</sup> | 295 | 288516 |
| &nbsp;&nbsp;&nbsp;4.83%, 02/03/25 | 650 | 650904 |
| Australia & New Zealand Banking Group Ltd./New York |  |  |
| &nbsp;&nbsp;&nbsp;NY, 3.70%, 11/16/25 | 435 | 425191 |
| Banco Bilbao Vizcaya Argentaria SA |  |  |
| &nbsp;&nbsp;&nbsp;1.13%, 09/18/25 | 2265 | 2054559 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.86%, 09/14/26 (Call 09/14/25)<sup>(a)</sup> | 800 | 803512 |
| Banco Bradesco SA/Cayman Islands, 3.20%, 01/27/25<sup>(d)</sup> | 800 | 767792 |
| Banco de Bogota SA, 6.25%, 05/12/26<sup>(d)</sup> | 800 | 794560 |
| Banco de Chile, 2.99%, 12/09/31 (Call 09/09/31)<sup>(d)</sup> | 400 | 342412 |
| Banco de Credito del Peru SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 07/01/30 (Call 07/01/25)<sup>(a)(d)</sup> | 700 | 645806 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/30/31 (Call 09/30/26)<sup>(a)(d)</sup> | 500 | 443280 |
| Banco de Credito e Inversiones SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/14/31 (Call 07/14/31)<sup>(d)</sup> | 200 | 169242 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/12/27<sup>(d)</sup> | 400 | 374380 |
| Banco del Estado de Chile, 2.70%, 01/09/25 (Call 12/09/24)<sup>(c)(d)</sup> | 400 | 382440 |
| Banco do Brasil SA/Cayman |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/30/26<sup>(d)</sup> | 400 | 369772 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/15/25<sup>(d)</sup> | 800 | 783192 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/20/24<sup>(d)</sup> | 600 | 592572 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/11/29<sup>(d)</sup> | 200 | 189360 |
| Banco General SA, 4.13%, 08/07/27 (Call 05/07/27)<sup>(c)(d)</sup> | 400 | 383588 |
| Banco Inbursa SA Institucion De Banca Multiple Grupo |  |  |
| Financiero Inbursa |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/06/24<sup>(d)</sup> | 450 | 444690 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/11/27 (Call 01/11/27)<sup>(d)</sup> | 770 | 740917 |
| Banco Internacional del Peru SAA Interbank, 3.25%, 10/04/26 (Call 08/04/26)<sup>(d)</sup> | 250 | 233093 |
| Banco Nacional de Comercio Exterior |  |  |
| SNC/Cayman Islands |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.72%, 08/11/31 (Call 08/11/26)<sup>(a)(d)</sup> | 600 | 508884 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 10/14/25<sup>(d)</sup> | 600 | 584874 |
| Banco Nacional de Panama, 2.50%, 08/11/30 (Call 05/11/30)<sup>(d)</sup> | 800 | 656800 |
| Banco Santander Chile |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 01/10/25 (Call 12/10/24)<sup>(c)(d)</sup> | 650 | 623526 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.18%, 10/26/31 (Call 07/28/31)<sup>(c)(d)</sup> | 150 | 130172 |
| Banco Santander Mexico SA Institucion de Banca |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Multiple Grupo Financiero Santand, 5.38%, 04/17/25<sup>(d)</sup> | 1050 | 1052005 |
| Banco Santander SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.72%, 09/14/27 (Call 09/14/26)<sup>(a)</sup> | 1008 | 883079 |
| &nbsp;&nbsp;&nbsp;1.85%, 03/25/26 | 963 | 867374 |
| &nbsp;&nbsp;&nbsp;2.71%, 06/27/24 | 810 | 784882 |
| &nbsp;&nbsp;&nbsp;2.75%, 05/28/25 | 953 | 901700 |
| &nbsp;&nbsp;&nbsp;2.75%, 12/03/30 | 1255 | 1011605 |
| &nbsp;&nbsp;&nbsp;2.96%, 03/25/31 | 675 | 566939 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.23%, 11/22/32 (Call 08/22/31)<sup>(a)</sup> | 625 | 503094 |
| &nbsp;&nbsp;&nbsp;3.31%, 06/27/29 | 1028 | 932314 |
| &nbsp;&nbsp;&nbsp;3.49%, 05/28/30 | 1010 | 896456 |
| &nbsp;&nbsp;&nbsp;3.80%, 02/23/28 | 902 | 849007 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.89%, 05/24/24 | $405 | $399366 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.18%, 03/24/28 (Call 03/24/27)<sup>(a)</sup> | 805 | 765418 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/11/27 | 875 | 851856 |
| &nbsp;&nbsp;&nbsp;4.38%, 04/12/28 | 205 | 197800 |
| &nbsp;&nbsp;&nbsp;5.15%, 08/18/25 | 200 | 199712 |
| &nbsp;&nbsp;&nbsp;5.18%, 11/19/25 | 340 | 338303 |
| &nbsp;&nbsp;&nbsp;5.29%, 08/18/27 | 405 | 405381 |
| Banco Votorantim SA, 4.38%, 07/29/25<sup>(d)</sup> | 400 | 385164 |
| Bancolombia SA, 3.00%, 01/29/25 (Call 12/29/24) | 600 | 569166 |
| Bangkok Bank PCL/Hong Kong |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.47%, 09/23/36 (Call 09/23/31)<sup>(d)</sup> | 600 | 509706 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.73%, 09/25/34 (Call 09/25/29)<sup>(a)(d)</sup> | 800 | 706448 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.05%, 03/19/24<sup>(d)</sup> | 600 | 594306 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 06/15/27 (Call 05/15/27)<sup>(d)</sup> | 200 | 196608 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 09/19/28<sup>(d)</sup> | 500 | 490420 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.03%, 03/15/29<sup>(b)</sup> | 400 | 454380 |
| Bank Mandiri Persero Tbk PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/19/26<sup>(d)</sup> | 400 | 362768 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 05/13/25<sup>(d)</sup> | 600 | 597300 |
| Bank Muscat SAOG, 4.75%, 03/17/26<sup>(d)</sup> | 600 | 580866 |
| Bank Negara Indonesia Persero Tbk PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/30/26<sup>(d)</sup> | 600 | 565410 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, (Call 03/24/27)<sup>(a)(d)(f)</sup> | 200 | 172754 |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.98%, 04/22/25 (Call 04/22/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.690%)<sup>(a)</sup> | 874 | 828430 |
| &nbsp;&nbsp;&nbsp;0.98%, 09/25/25 (Call 09/25/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.910%)<sup>(a)</sup> | 1357 | 1266407 |
| &nbsp;&nbsp;&nbsp;1.20%, 10/24/26 (Call 10/24/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.010%)<sup>(a)</sup> | 2093 | 1887865 |
| &nbsp;&nbsp;&nbsp;1.32%, 06/19/26 (Call 06/19/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.150%)<sup>(a)</sup> | 2094 | 1917580 |
| &nbsp;&nbsp;&nbsp;1.53%, 12/06/25 (Call 12/06/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.650%)<sup>(a)</sup> | 1348 | 1259113 |
| &nbsp;&nbsp;&nbsp;1.73%, 07/22/27 (Call 07/22/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.960%)<sup>(a)</sup> | 3542 | 3173490 |
| &nbsp;&nbsp;&nbsp;1.84%, 02/04/25 (Call 02/04/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.670%)<sup>(a)</sup> | 488 | 470998 |
| &nbsp;&nbsp;&nbsp;1.90%, 07/23/31 (Call 07/23/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.530%)<sup>(a)</sup> | 1532 | 1238775 |
| &nbsp;&nbsp;&nbsp;1.92%, 10/24/31 (Call 10/24/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.370%)<sup>(a)</sup> | 1450 | 1165307 |
| &nbsp;&nbsp;&nbsp;2.02%, 02/13/26 (Call 02/13/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.640%)<sup>(a)</sup> | 1390 | 1304459 |
| &nbsp;&nbsp;&nbsp;2.09%, 06/14/29 (Call 06/14/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.060%)<sup>(a)</sup> | 1138 | 990800 |
| &nbsp;&nbsp;&nbsp;2.30%, 07/21/32 (Call 07/21/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.220%)<sup>(a)</sup> | 1400 | 1139656 |
| &nbsp;&nbsp;&nbsp;2.46%, 10/22/25 (Call 10/22/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.870%)<sup>(a)</sup> | 646 | 617757 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.48%, 09/21/36 (Call 09/21/31)<sup>(a)</sup> | 2380 | 1854829 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/13/31 (Call 02/13/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.990%)<sup>(a)</sup> | 2098 | 1786971 |
| &nbsp;&nbsp;&nbsp;2.55%, 02/04/28 (Call 02/04/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.050%)<sup>(a)</sup> | 1803 | 1646391 |
| &nbsp;&nbsp;&nbsp;2.57%, 10/20/32 (Call 10/20/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.210%)<sup>(a)</sup> | 1553 | 1286070 |
| &nbsp;&nbsp;&nbsp;2.59%, 04/29/31 (Call 04/29/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.150%)<sup>(a)</sup> | 2293 | 1960515 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.68%, 06/19/41 (Call 06/19/40), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.930%)<sup>(a)</sup> | $3832 | $2829664 |
| &nbsp;&nbsp;&nbsp;2.69%, 04/22/32 (Call 04/22/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.320%)<sup>(a)</sup> | 2970 | 2511224 |
| &nbsp;&nbsp;&nbsp;2.83%, 10/24/51 (Call 10/24/50), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.880%)<sup>(a)</sup> | 750 | 513653 |
| &nbsp;&nbsp;&nbsp;2.88%, 10/22/30 (Call 10/22/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.190%)<sup>(a)</sup> | 1527 | 1338339 |
| &nbsp;&nbsp;&nbsp;2.97%, 02/04/33 (Call 02/04/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.330%)<sup>(a)</sup> | 2375 | 2025519 |
| &nbsp;&nbsp;&nbsp;2.97%, 07/21/52 (Call 07/21/51), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.560%)<sup>(a)</sup> | 549 | 386694 |
| &nbsp;&nbsp;&nbsp;3.09%, 10/01/25 (Call 10/01/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.090%)<sup>(a)</sup> | 1015 | 982012 |
| &nbsp;&nbsp;&nbsp;3.19%, 07/23/30 (Call 07/23/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.180%)<sup>(a)</sup> | 1943 | 1741142 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/21/27 (Call 10/21/26) | 1348 | 1285763 |
| &nbsp;&nbsp;&nbsp;3.31%, 04/22/42 (Call 04/22/41), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.580%)<sup>(a)</sup> | 2022 | 1626760 |
| &nbsp;&nbsp;&nbsp;3.37%, 01/23/26 (Call 01/23/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.810%)<sup>(a)</sup> | 1445 | 1396419 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/02/26 (Call 04/02/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.330%)<sup>(a)</sup> | 1860 | 1798601 |
| &nbsp;&nbsp;&nbsp;3.42%, 12/20/28 (Call 12/20/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.040%)<sup>(a)</sup> | 3635 | 3401306 |
| &nbsp;&nbsp;&nbsp;3.46%, 03/15/25 (Call 03/15/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.970%)<sup>(a)</sup> | 1430 | 1402573 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/19/26 | 1506 | 1465850 |
| &nbsp;&nbsp;&nbsp;3.56%, 04/23/27 (Call 04/23/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.060%)<sup>(a)</sup> | 1812 | 1735153 |
| &nbsp;&nbsp;&nbsp;3.59%, 07/21/28 (Call 07/21/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.370%)<sup>(a)</sup> | 1676 | 1584390 |
| &nbsp;&nbsp;&nbsp;3.71%, 04/24/28 (Call 04/24/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.512%)<sup>(a)</sup> | 1309 | 1248433 |
| &nbsp;&nbsp;&nbsp;3.82%, 01/20/28 (Call 01/20/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.575%)<sup>(a)</sup> | 1782 | 1713268 |
| &nbsp;&nbsp;&nbsp;3.84%, 04/25/25 (Call 04/27/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.110%)<sup>(a)</sup> | 1993 | 1957843 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 03/08/37 (Call 03/08/32)<sup>(a)</sup> | 705 | 615190 |
| &nbsp;&nbsp;&nbsp;3.88%, 08/01/25 | 1226 | 1208395 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/23/49 (Call 01/23/48), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.19%)<sup>(a)</sup> | 963 | 818762 |
| &nbsp;&nbsp;&nbsp;3.97%, 03/05/29 (Call 03/05/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.070%)<sup>(a)</sup> | 1616 | 1541131 |
| &nbsp;&nbsp;&nbsp;3.97%, 02/07/30 (Call 02/07/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.210%)<sup>(a)</sup> | 2606 | 2465693 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/24 | 2020 | 2004143 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/22/25 | 862 | 846863 |
| &nbsp;&nbsp;&nbsp;4.08%, 04/23/40 (Call 04/23/39), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.32%)<sup>(a)</sup> | 1332 | 1191234 |
| &nbsp;&nbsp;&nbsp;4.08%, 03/20/51 (Call 03/20/50), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.150%)<sup>(a)</sup> | 3372 | 2908620 |
| &nbsp;&nbsp;&nbsp;4.20%, 08/26/24 | 2028 | 2006361 |
| &nbsp;&nbsp;&nbsp;4.24%, 04/24/38 (Call 04/24/37), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.814%)<sup>(a)</sup> | 2040 | 1881288 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/22/26 | 1203 | 1180624 |
| &nbsp;&nbsp;&nbsp;4.27%, 07/23/29 (Call 07/23/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.310%)<sup>(a)</sup> | 1900 | 1837243 |
| &nbsp;&nbsp;&nbsp;4.33%, 03/15/50 (Call 03/15/49), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.520%)<sup>(a)</sup> | 1381 | 1256475 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 04/27/28 (Call 04/27/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.580%)<sup>(a)</sup> | $1560 | $1525696 |
| &nbsp;&nbsp;&nbsp;4.44%, 01/20/48 (Call 01/20/47), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.990%)<sup>(a)</sup> | 2164 | 2002955 |
| &nbsp;&nbsp;&nbsp;4.45%, 03/03/26 | 1241 | 1230030 |
| &nbsp;&nbsp;&nbsp;4.57%, 04/27/33 (Call 04/27/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.830%)<sup>(a)</sup> | 2293 | 2216368 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.83%, 07/22/26 (Call 07/22/25)<sup>(a)</sup> | 1870 | 1865493 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/01/44 | 310 | 306057 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 07/22/28 (Call 07/22/27)<sup>(a)</sup> | 1825 | 1829581 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/21/44 | 1275 | 1278583 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.02%, 07/22/33 (Call 07/22/32)<sup>(a)</sup> | 3805 | 3802983 |
| &nbsp;&nbsp;&nbsp;5.08%, 01/20/27 | 1880 | 1886242 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/07/42 | 1169 | 1298642 |
| &nbsp;&nbsp;&nbsp;6.11%, 01/29/37 | 1892 | 2043795 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.20%, 11/10/28 (Call 11/10/27)<sup>(a)</sup> | 1195 | 1260295 |
| &nbsp;&nbsp;&nbsp;6.22%, 09/15/26 | 470 | 494111 |
| &nbsp;&nbsp;&nbsp;7.75%, 05/14/38 | 1300 | 1625312 |
| &nbsp;&nbsp;&nbsp;Series L, 3.95%, 04/21/25 | 1267 | 1245689 |
| &nbsp;&nbsp;&nbsp;Series L, 4.18%, 11/25/27 (Call 11/25/26) | 1545 | 1517962 |
| &nbsp;&nbsp;&nbsp;Series L, 4.75%, 04/21/45 | 880 | 822818 |
| &nbsp;&nbsp;&nbsp;Series N, 1.66%, 03/11/27 (Call 03/11/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.910%)<sup>(a)</sup> | 1889 | 1705710 |
| &nbsp;&nbsp;&nbsp;Series N, 2.65%, 03/11/32 (Call 03/11/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.220%)<sup>(a)</sup> | 2362 | 1991426 |
| &nbsp;&nbsp;&nbsp;Series N, 3.48%, 03/13/52 (Call 03/11/51), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.650%)<sup>(a)</sup> | 860 | 668108 |
| Bank of America NA, 6.00%, 10/15/36 | 1650 | 1797774 |
| Bank of China Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/20/27<sup>(d)</sup> | 200 | 194636 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/13/24<sup>(d)</sup> | 2500 | 2502925 |
| Bank of China Ltd./Hong Kong |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 02/04/24<sup>(d)</sup> | 400 | 384800 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 06/24/25<sup>(d)</sup> | 400 | 368976 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 01/16/25<sup>(d)</sup> | 800 | 765264 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/30/25<sup>(d)</sup> | 400 | 392728 |
| Bank of China Ltd./London, 1.00%, 11/02/24<sup>(d)</sup> | 400 | 375536 |
| Bank of China Ltd./Luxembourg, 1.40%, 04/28/26<sup>(d)</sup> | 1200 | 1088568 |
| Bank of China Ltd./Singapore, 0.80%, 04/28/24<sup>(d)</sup> | 400 | 381252 |
| Bank of China Ltd./Sydney, 0.75%, 09/29/24<sup>(d)</sup> | 200 | 187338 |
| Bank of Communications Co. Ltd., 3.80%, (Call 11/18/25)<sup>(a)(d)(f)</sup> | 2000 | 1945200 |
| Bank of Communications Co. Ltd./Hong Kong, 1.20%, 09/10/25<sup>(d)</sup> | 800 | 730824 |
| Bank of Communications Hong Kong Ltd., 2.30%, 07/08/31 (Call 07/08/26)<sup>(a)(d)</sup> | 850 | 775259 |
| Bank of East Asia Ltd. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/29/30 (Call 05/29/25)<sup>(a)(d)</sup> | 1100 | 1042470 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 04/22/32 (Call 04/22/27)<sup>(a)(d)</sup> | 250 | 235533 |
| Bank of Ireland Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.03%, 09/30/27 (Call 09/30/26)<sup>(a)(b)</sup> | 55 | 48246 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 09/16/26 (Call 09/16/25)<sup>(a)(b)</sup> | 860 | 871920 |
| Bank of Montreal |  |  |
| &nbsp;&nbsp;&nbsp;0.63%, 07/09/24 | 1155 | 1087028 |
| &nbsp;&nbsp;&nbsp;0.95%, 01/22/27 (Call 01/22/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.603%)<sup>(a)</sup> | 1440 | 1288426 |
| &nbsp;&nbsp;&nbsp;1.25%, 09/15/26 | 1850 | 1642874 |
| &nbsp;&nbsp;&nbsp;1.50%, 01/10/25 | 65 | 61081 |
| &nbsp;&nbsp;&nbsp;1.85%, 05/01/25 | 362 | 340494 |
| &nbsp;&nbsp;&nbsp;2.15%, 03/08/24 | 598 | 580676 |
| &nbsp;&nbsp;&nbsp;2.50%, 06/28/24 | 1438 | 1392027 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 03/08/27 | $600 | $558432 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.09%, 01/10/37 (Call 01/10/32)<sup>(a)</sup> | 270 | 219335 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/07/25 | 205 | 200207 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 12/15/32 (Call 12/15/27)<sup>(a)</sup> | 636 | 580248 |
| &nbsp;&nbsp;&nbsp;5.20%, 02/01/28 | 1050 | 1071000 |
| &nbsp;&nbsp;&nbsp;Series E, 3.30%, 02/05/24 | 1916 | 1885995 |
| &nbsp;&nbsp;&nbsp;Series H, 4.25%, 09/14/24 | 380 | 376192 |
| &nbsp;&nbsp;&nbsp;Series H, 4.70%, 09/14/27 (Call 08/14/27) | 680 | 681782 |
| Bank of New York Mellon Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 04/26/24 (Call 03/26/24) | 470 | 446556 |
| &nbsp;&nbsp;&nbsp;0.75%, 01/28/26 (Call 12/28/25) | 230 | 207644 |
| &nbsp;&nbsp;&nbsp;1.05%, 10/15/26 (Call 09/15/26) | 527 | 465373 |
| &nbsp;&nbsp;&nbsp;1.60%, 04/24/25 (Call 03/24/25) | 1025 | 959902 |
| &nbsp;&nbsp;&nbsp;1.65%, 07/14/28 (Call 05/14/28) | 680 | 590879 |
| &nbsp;&nbsp;&nbsp;1.65%, 01/28/31 (Call 10/28/30) | 160 | 129403 |
| &nbsp;&nbsp;&nbsp;1.80%, 07/28/31 (Call 04/28/31) | 460 | 370976 |
| &nbsp;&nbsp;&nbsp;2.05%, 01/26/27 (Call 12/26/26) | 365 | 335490 |
| &nbsp;&nbsp;&nbsp;2.10%, 10/24/24 | 1325 | 1271934 |
| &nbsp;&nbsp;&nbsp;2.45%, 08/17/26 (Call 05/17/26) | 524 | 489741 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/26/32 (Call 10/26/31) | 385 | 325768 |
| &nbsp;&nbsp;&nbsp;2.80%, 05/04/26 (Call 02/04/26) | 297 | 282337 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/30/28 (Call 07/30/28) | 513 | 470344 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/11/24 (Call 08/11/24) | 1121 | 1097448 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/16/27 (Call 02/16/27) | 498 | 478528 |
| &nbsp;&nbsp;&nbsp;3.30%, 08/23/29 (Call 05/23/29) | 758 | 702916 |
| &nbsp;&nbsp;&nbsp;3.35%, 04/25/25 (Call 03/25/25) | 555 | 541164 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/15/24 (Call 04/15/24) | 280 | 275439 |
| &nbsp;&nbsp;&nbsp;3.40%, 01/29/28 (Call 10/29/27) | 799 | 762102 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.43%, 06/13/25 (Call 06/13/24)<sup>(a)</sup> | 270 | 265399 |
| &nbsp;&nbsp;&nbsp;3.44%, 02/07/28 (Call 02/07/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.069%)<sup>(a)</sup> | 1081 | 1034798 |
| &nbsp;&nbsp;&nbsp;3.85%, 04/28/28 | 510 | 497643 |
| &nbsp;&nbsp;&nbsp;3.85%, 04/26/29 (Call 02/26/29) | 445 | 428989 |
| &nbsp;&nbsp;&nbsp;3.95%, 11/18/25 (Call 10/18/25) | 545 | 536765 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.99%, 06/13/28 (Call 06/13/27)<sup>(a)</sup> | 700 | 682262 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.29%, 06/13/33 (Call 06/13/32)<sup>(a)</sup> | 270 | 261368 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.41%, 07/24/26 (Call 07/24/25)<sup>(a)</sup> | 145 | 144007 |
| &nbsp;&nbsp;&nbsp;4.54%, 02/01/29 | 550 | 549643 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 07/26/30 (Call 07/26/29)<sup>(a)</sup> | 90 | 90214 |
| &nbsp;&nbsp;&nbsp;4.71%, 02/01/34 | 550 | 547767 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.22%, 11/21/25 (Call 11/21/24)<sup>(a)</sup> | 465 | 468246 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.80%, 10/25/28 (Call 10/25/27)<sup>(a)</sup> | 330 | 347876 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.83%, 10/25/33 (Call 10/25/32)<sup>(a)</sup> | 455 | 492410 |
| &nbsp;&nbsp;&nbsp;Series 12, 3.65%, 02/04/24 (Call 01/05/24) | 818 | 808667 |
| &nbsp;&nbsp;&nbsp;Series G, 3.00%, 02/24/25 (Call 01/24/25) | 600 | 582084 |
| &nbsp;&nbsp;&nbsp;Series J, 0.85%, 10/25/24 (Call 09/25/24) | 300 | 281826 |
| &nbsp;&nbsp;&nbsp;Series J, 1.90%, 01/25/29 (Call 11/25/28) | 300 | 258237 |
| Bank of New Zealand |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/21/25<sup>(b)</sup> | 1196 | 1125639 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.29%, 01/27/27<sup>(b)</sup> | 555 | 505855 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.87%, 01/27/32<sup>(b)</sup> | 288 | 246004 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/20/24<sup>(b)</sup> | 789 | 776913 |
| &nbsp;&nbsp;&nbsp;4.85%, 02/07/28 | 300 | 301695 |
| Bank of Nova Scotia (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.65%, 07/31/24 | 420 | 394481 |
| &nbsp;&nbsp;&nbsp;0.70%, 04/15/24 | 270 | 256954 |
| &nbsp;&nbsp;&nbsp;1.05%, 03/02/26 | 1075 | 962652 |
| &nbsp;&nbsp;&nbsp;1.30%, 06/11/25 | 565 | 522088 |
| &nbsp;&nbsp;&nbsp;1.30%, 09/15/26 | 1100 | 975722 |
| &nbsp;&nbsp;&nbsp;1.35%, 06/24/26 | 1030 | 921809 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 01/10/25 | $500 | $469065 |
| &nbsp;&nbsp;&nbsp;1.95%, 02/02/27 | 1170 | 1062957 |
| &nbsp;&nbsp;&nbsp;2.15%, 08/01/31 | 760 | 625594 |
| &nbsp;&nbsp;&nbsp;2.20%, 02/03/25 | 883 | 839751 |
| &nbsp;&nbsp;&nbsp;2.44%, 03/11/24 | 10 | 9736 |
| &nbsp;&nbsp;&nbsp;2.45%, 02/02/32 | 505 | 423003 |
| &nbsp;&nbsp;&nbsp;2.70%, 08/03/26 | 890 | 833903 |
| &nbsp;&nbsp;&nbsp;3.40%, 02/11/24 | 1468 | 1446655 |
| &nbsp;&nbsp;&nbsp;3.45%, 04/11/25 | 558 | 541785 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/16/25 | 1075 | 1064239 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.59%, 05/04/37 (Call 02/04/32)<sup>(a)</sup> | 230 | 208962 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/02/26 | 530 | 529714 |
| &nbsp;&nbsp;&nbsp;4.85%, 02/01/30 | 530 | 531436 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/06/24 | 160 | 161224 |
| Bank of the Philippine Islands, 2.50%, 09/10/24<sup>(d)</sup> | 200 | 190716 |
| Bank Rakyat Indonesia Persero Tbk PT, 3.95%, 03/28/24<sup>(d)</sup> | 400 | 394356 |
| BankUnited Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 11/17/25 (Call 08/17/25) | 525 | 520616 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/11/30 (Call 03/11/30) | 530 | 512892 |
| Banque Federative du Credit Mutuel SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.65%, 02/27/24<sup>(b)</sup> | 485 | 463078 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 02/04/25<sup>(b)</sup> | 1020 | 940909 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.60%, 10/04/26<sup>(b)</sup> | 1005 | 893887 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 11/21/24<sup>(b)</sup> | 1013 | 965825 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.52%, 07/13/25<sup>(b)</sup> | 300 | 296766 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/13/27<sup>(b)</sup> | 300 | 298008 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.93%, 01/26/26<sup>(b)</sup> | 1000 | 999800 |
| Barclays Bank PLC, 3.75%, 05/15/24 | 485 | 478933 |
| Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.28%, 11/24/27 (Call 11/24/26)<sup>(a)</sup> | 1315 | 1177819 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/24/31 (Call 06/24/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6 mo. SOFR + 1.900%)<sup>(a)</sup> | 478 | 394039 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.67%, 03/10/32 (Call 03/10/31)<sup>(a)</sup> | 250 | 202815 |
| &nbsp;&nbsp;&nbsp;2.85%, 05/07/26 (Call 05/07/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.714%)<sup>(a)</sup> | 1985 | 1884757 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.89%, 11/24/32 (Call 11/24/31)<sup>(a)</sup> | 310 | 252821 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.33%, 11/24/42 (Call 11/24/41)<sup>(a)</sup> | 845 | 642217 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.56%, 09/23/35 (Call 09/23/30)<sup>(a)</sup> | 1455 | 1197800 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/16/25 | 900 | 875448 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.81%, 03/10/42 (Call 03/10/41)<sup>(a)</sup> | 205 | 152053 |
| &nbsp;&nbsp;&nbsp;3.93%, 05/07/25 (Call 05/07/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.610%)<sup>(a)</sup> | 1239 | 1214319 |
| &nbsp;&nbsp;&nbsp;4.34%, 01/10/28 (Call 01/10/27) | 1144 | 1104315 |
| &nbsp;&nbsp;&nbsp;4.38%, 09/11/24 | 1404 | 1387784 |
| &nbsp;&nbsp;&nbsp;4.38%, 01/12/26 | 2299 | 2258331 |
| &nbsp;&nbsp;&nbsp;4.84%, 05/09/28 (Call 05/07/27) | 1148 | 1108670 |
| &nbsp;&nbsp;&nbsp;4.95%, 01/10/47 | 1137 | 1090610 |
| &nbsp;&nbsp;&nbsp;4.97%, 05/16/29 (Call 05/16/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.902%)<sup>(a)</sup> | 1100 | 1076229 |
| &nbsp;&nbsp;&nbsp;5.09%, 06/20/30 (Call 06/20/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.054%)<sup>(a)</sup> | 1400 | 1342726 |
| &nbsp;&nbsp;&nbsp;5.20%, 05/12/26 | 1765 | 1757057 |
| &nbsp;&nbsp;&nbsp;5.25%, 08/17/45 | 945 | 942534 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.30%, 08/09/26 (Call 08/09/25)<sup>(a)</sup> | 435 | 436775 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/09/28 (Call 08/09/27)<sup>(a)</sup> | 1040 | 1046729 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 08/09/33 (Call 08/09/32)<sup>(a)</sup> | 200 | 201714 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.33%, 11/02/26 (Call 11/02/25)<sup>(a)</sup> | 900 | 945189 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.39%, 11/02/28 (Call 11/02/27)<sup>(a)</sup> | 900 | 974961 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.44%, 11/02/33 (Call 11/02/32)<sup>(a)</sup> | 1300 | 1464424 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| BBK BSC, 5.50%, 07/09/24<sup>(d)</sup> | $400 | $396320 |
| BBVA Bancomer SA/Texas |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 09/18/25<sup>(d)</sup> | 400 | 368596 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/10/24<sup>(d)</sup> | 406 | 401692 |
| BDO Unibank Inc., 2.13%, 01/13/26<sup>(d)</sup> | 400 | 366180 |
| BNG Bank NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 10/16/24<sup>(b)(c)</sup> | 1040 | 988780 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 03/16/26<sup>(b)(c)</sup> | 250 | 237330 |
| BNP Paribas SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.32%, 01/13/27 (Call 01/13/26)<sup>(a)(b)</sup> | 1580 | 1414953 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.68%, 06/30/27 (Call 06/30/26)<sup>(a)(b)</sup> | 1280 | 1135654 |
| &nbsp;&nbsp;&nbsp;1.90%, 09/30/28 (Call 09/30/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.609%)<sup>(a)(b)</sup> | 2460 | 2126104 |
| &nbsp;&nbsp;&nbsp;2.16%, 09/15/29 (Call 09/15/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.218%)<sup>(a)(b)</sup> | 295 | 250830 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.22%, 06/09/26 (Call 06/09/25)<sup>(a)(b)</sup> | 1375 | 1281761 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.59%, 01/20/28 (Call 01/20/27)<sup>(a)(b)</sup> | 235 | 213208 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.59%, 08/12/35 (Call 08/12/30)<sup>(a)(b)</sup> | 1905 | 1493958 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.82%, 11/19/25 (Call 11/19/24)<sup>(a)(b)</sup> | 2250 | 2156400 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.82%, 01/26/41<sup>(b)(c)</sup> | 390 | 265875 |
| &nbsp;&nbsp;&nbsp;2.87%, 04/19/32 (Call 04/19/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.387%)<sup>(a)(b)</sup> | 553 | 463630 |
| &nbsp;&nbsp;&nbsp;3.05%, 01/13/31 (Call 01/13/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.507%)<sup>(a)(b)</sup> | 1545 | 1343408 |
| &nbsp;&nbsp;&nbsp;3.13%, 01/20/33 (Call 01/20/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.561%)<sup>(a)(b)</sup> | 453 | 382771 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/09/25<sup>(b)</sup> | 1358 | 1318496 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/16/27<sup>(b)</sup> | 385 | 363556 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/15/24 | 1433 | 1411734 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 09/28/25<sup>(b)</sup> | 560 | 550894 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/12/26<sup>(b)</sup> | 1240 | 1211852 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/01/33 (Call 03/01/28)<sup>(a)(b)</sup> | 1398 | 1283965 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 08/14/28<sup>(b)</sup> | 600 | 582384 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/13/27<sup>(b)</sup> | 405 | 395053 |
| &nbsp;&nbsp;&nbsp;5.13%, 01/13/29 | 1600 | 1612384 |
| &nbsp;&nbsp;&nbsp;5.20%, 01/10/30 (Call 01/10/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.567%)<sup>(a)(b)</sup> | 913 | 905842 |
| BOS Funding Ltd., 4.00%, 09/18/24<sup>(d)</sup> | 400 | 385052 |
| Boubyan Sukuk Ltd., 2.59%, 02/18/25<sup>(d)</sup> | 1000 | 954600 |
| Boubyan Tier 1 Sukuk Ltd., 3.95%, (Call 10/01/26)<sup>(a)(d)(f)</sup> | 400 | 369172 |
| BPCE SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 01/20/26<sup>(b)</sup> | 715 | 638545 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 01/14/25<sup>(b)</sup> | 1003 | 940092 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.65%, 10/06/26 (Call 10/06/25)<sup>(a)(b)</sup> | 1840 | 1659275 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.05%, 10/19/27 (Call 10/19/26)<sup>(a)(b)</sup> | 815 | 720574 |
| &nbsp;&nbsp;&nbsp;2.28%, 01/20/32 (Call 01/20/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.312%)<sup>(a)(b)</sup> | 425 | 336256 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 01/14/25<sup>(b)</sup> | 1310 | 1235304 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 10/01/29<sup>(b)</sup> | 471 | 412097 |
| &nbsp;&nbsp;&nbsp;3.12%, 10/19/32 (Call 10/19/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.730%)<sup>(a)(b)</sup> | 760 | 602855 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/11/28<sup>(b)</sup> | 250 | 230825 |
| &nbsp;&nbsp;&nbsp;3.38%, 12/02/26 | 1651 | 1576424 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/23/27<sup>(b)</sup> | 535 | 495239 |
| &nbsp;&nbsp;&nbsp;3.58%, 10/19/42 (Call 10/19/41), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.952%)<sup>(a)(b)</sup> | 505 | 359560 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/15/24 | 1063 | 1050892 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/15/25<sup>(b)</sup> | 715 | 695666 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 07/11/24<sup>(b)</sup> | 850 | 835150 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/12/28<sup>(b)</sup> | $441 | $423854 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/19/27<sup>(b)</sup> | 1000 | 993710 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 04/01/26<sup>(b)</sup> | 600 | 588402 |
| &nbsp;&nbsp;&nbsp;5.13%, 01/18/28 | 1940 | 1952862 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.15%, 07/21/24<sup>(b)</sup> | 1037 | 1025500 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/19/33 (Call 07/19/32)<sup>(a)(b)</sup> | 1025 | 1034666 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.98%, 01/18/27 (Call 01/18/26)<sup>(a)(b)</sup> | 1000 | 1012280 |
| BSF Finance, 5.50%, 11/23/27<sup>(d)</sup> | 400 | 410004 |
| Burgan Bank SAK, 2.75%, 12/15/31 (Call 09/15/26)<sup>(a)(d)</sup> | 800 | 632496 |
| Cadence Bank, 4.13%, 11/20/29 (Call 11/20/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.470%)<sup>(a)</sup> | 225 | 214740 |
| CaixaBank SA, 6.21%, 01/18/29 (Call 01/18/28)<sup>(a)(b)</sup> | 600 | 608640 |
| Canadian Imperial Bank of Commerce |  |  |
| &nbsp;&nbsp;&nbsp;0.95%, 10/23/25 | 325 | 295503 |
| &nbsp;&nbsp;&nbsp;1.00%, 10/18/24 | 540 | 506968 |
| &nbsp;&nbsp;&nbsp;1.25%, 06/22/26 | 1023 | 914869 |
| &nbsp;&nbsp;&nbsp;2.25%, 01/28/25 | 930 | 884514 |
| &nbsp;&nbsp;&nbsp;3.10%, 04/02/24 | 888 | 870613 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/07/25 | 45 | 43643 |
| &nbsp;&nbsp;&nbsp;3.45%, 04/07/27 | 10 | 9576 |
| &nbsp;&nbsp;&nbsp;3.60%, 04/07/32 (Call 03/07/32) | 205 | 188770 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/04/25 | 400 | 393456 |
| Capital One NA, 2.28%, 01/28/26 (Call 01/28/25), (1 day SOFR + 0.911%)<sup>(a)</sup> | 260 | 245768 |
| CBQ Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 09/15/25<sup>(d)</sup> | 400 | 370536 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 05/12/26<sup>(d)</sup> | 600 | 548448 |
| China CITIC Bank International Ltd., 4.63%, 02/28/29 (Call 02/28/24)<sup>(a)(d)</sup> | 500 | 496580 |
| China Construction Bank Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 06/24/30 (Call 06/24/25)<sup>(a)(d)</sup> | 1600 | 1510880 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.85%, 01/21/32 (Call 01/21/27)<sup>(a)(d)</sup> | 1200 | 1136916 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/27/29 (Call 02/27/24)<sup>(a)(d)</sup> | 1300 | 1290302 |
| China Construction Bank Corp./Hong Kong |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.86%, 04/22/24<sup>(d)</sup> | 800 | 763648 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 08/04/25<sup>(d)</sup> | 1000 | 918820 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.46%, 04/22/26<sup>(d)</sup> | 600 | 545580 |
| China Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/24/27<sup>(d)</sup> | 600 | 587154 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/24/37<sup>(d)</sup> | 400 | 376020 |
| China Everbright Bank Co. Ltd., 0.84%, 06/15/24<sup>(d)</sup> | 800 | 758976 |
| China Everbright Bank Co. Ltd./Luxembourg, 0.83%, 09/14/24<sup>(d)</sup> | 200 | 187706 |
| China Merchants Bank Co. Ltd./Hong Kong, 1.20%, 09/10/25<sup>(d)</sup> | 1000 | 911050 |
| China Merchants Bank Co. Ltd./Luxembourg Branch, 1.25%, 09/01/26<sup>(d)</sup> | 200 | 178260 |
| China Zheshang Bank Co. Ltd./Hong Kong, 1.10%, 03/16/24<sup>(d)</sup> | 400 | 382684 |
| CIMB Bank Bhd |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 07/20/27<sup>(d)</sup> | 400 | 360332 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.59%, 10/09/24, (3 mo. LIBOR US + 0.780%)<sup>(a)(d)</sup> | 200 | 199924 |
| Citigroup Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.98%, 05/01/25 (Call 05/01/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.669%)<sup>(a)</sup> | 919 | 870164 |
| &nbsp;&nbsp;&nbsp;1.12%, 01/28/27 (Call 01/28/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.765%)<sup>(a)</sup> | 1690 | 1505925 |
| &nbsp;&nbsp;&nbsp;1.28%, 11/03/25 (Call 11/03/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.528%)<sup>(a)</sup> | 568 | 529745 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;1.46%, 06/09/27 (Call 06/09/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.770%)<sup>(a)</sup> | $1735 | $1545070 |
| &nbsp;&nbsp;&nbsp;2.01%, 01/25/26 (Call 01/25/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.694%)<sup>(a)</sup> | 970 | 911887 |
| &nbsp;&nbsp;&nbsp;2.52%, 11/03/32 (Call 11/03/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.177%)<sup>(a)</sup> | 300 | 246075 |
| &nbsp;&nbsp;&nbsp;2.56%, 05/01/32 (Call 05/01/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.167%)<sup>(a)</sup> | 1514 | 1261631 |
| &nbsp;&nbsp;&nbsp;2.57%, 06/03/31 (Call 06/03/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.107%)<sup>(a)</sup> | 2170 | 1839639 |
| &nbsp;&nbsp;&nbsp;2.67%, 01/29/31 (Call 01/29/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.146%)<sup>(a)</sup> | 1410 | 1213361 |
| &nbsp;&nbsp;&nbsp;2.90%, 11/03/42 (Call 11/03/41), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.379%)<sup>(a)</sup> | 270 | 202214 |
| &nbsp;&nbsp;&nbsp;2.98%, 11/05/30 (Call 11/05/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.422%)<sup>(a)</sup> | 1249 | 1098046 |
| &nbsp;&nbsp;&nbsp;3.06%, 01/25/33 (Call 01/25/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.351%)<sup>(a)</sup> | 1431 | 1226338 |
| &nbsp;&nbsp;&nbsp;3.07%, 02/24/28 (Call 02/24/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.280%)<sup>(a)</sup> | 1480 | 1375630 |
| &nbsp;&nbsp;&nbsp;3.11%, 04/08/26 (Call 04/08/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.842%)<sup>(a)</sup> | 2137 | 2048421 |
| &nbsp;&nbsp;&nbsp;3.20%, 10/21/26 (Call 07/21/26) | 2267 | 2147484 |
| &nbsp;&nbsp;&nbsp;3.29%, 03/17/26 (Call 03/17/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.528%)<sup>(a)</sup> | 540 | 519858 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/27/25 | 348 | 337233 |
| &nbsp;&nbsp;&nbsp;3.35%, 04/24/25 (Call 04/24/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.897%)<sup>(a)</sup> | 1858 | 1817458 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/01/26 | 1802 | 1735236 |
| &nbsp;&nbsp;&nbsp;3.52%, 10/27/28 (Call 10/27/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.151%)<sup>(a)</sup> | 2008 | 1882018 |
| &nbsp;&nbsp;&nbsp;3.67%, 07/24/28 (Call 07/24/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.390%)<sup>(a)</sup> | 1541 | 1459219 |
| &nbsp;&nbsp;&nbsp;3.70%, 01/12/26 | 1352 | 1321310 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/16/24 | 861 | 850642 |
| &nbsp;&nbsp;&nbsp;3.79%, 03/17/33 (Call 03/17/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.939%)<sup>(a)</sup> | 1920 | 1736717 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/26/25 | 897 | 880818 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/24/39 (Call 01/22/38), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.168%)<sup>(a)</sup> | 612 | 536748 |
| &nbsp;&nbsp;&nbsp;3.89%, 01/10/28 (Call 01/10/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.563%)<sup>(a)</sup> | 1704 | 1637357 |
| &nbsp;&nbsp;&nbsp;3.98%, 03/20/30 (Call 03/20/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.338%)<sup>(a)</sup> | 1740 | 1637688 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/05/24 | 1370 | 1360437 |
| &nbsp;&nbsp;&nbsp;4.08%, 04/23/29 (Call 04/23/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.192%)<sup>(a)</sup> | 1419 | 1355840 |
| &nbsp;&nbsp;&nbsp;4.13%, 07/25/28 | 1185 | 1136474 |
| &nbsp;&nbsp;&nbsp;4.14%, 05/24/25 (Call 05/24/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.372%)<sup>(a)</sup> | 615 | 607669 |
| &nbsp;&nbsp;&nbsp;4.28%, 04/24/48 (Call 04/24/47), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.839%)<sup>(a)</sup> | 1229 | 1109000 |
| &nbsp;&nbsp;&nbsp;4.30%, 11/20/26 | 768 | 755128 |
| &nbsp;&nbsp;&nbsp;4.40%, 06/10/25 | 2049 | 2033858 |
| &nbsp;&nbsp;&nbsp;4.41%, 03/31/31 (Call 03/31/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 3.914%)<sup>(a)</sup> | 2673 | 2568352 |
| &nbsp;&nbsp;&nbsp;4.45%, 09/29/27 | 1916 | 1880247 |
| &nbsp;&nbsp;&nbsp;4.60%, 03/09/26 | 1495 | 1486000 |
| &nbsp;&nbsp;&nbsp;4.65%, 07/30/45 | 691 | 648980 |
| &nbsp;&nbsp;&nbsp;4.65%, 07/23/48 (Call 06/23/48) | 2166 | 2070761 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.66%, 05/24/28 (Call 05/24/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.887%)<sup>(a)</sup> | $985 | $976480 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/18/46 | 1725 | 1594900 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.91%, 05/24/33 (Call 05/24/32)<sup>(a)</sup> | 1205 | 1188564 |
| &nbsp;&nbsp;&nbsp;5.30%, 05/06/44 | 977 | 960518 |
| &nbsp;&nbsp;&nbsp;5.32%, 03/26/41 (Call 03/26/40), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 4.548%)<sup>(a)</sup> | 1278 | 1311522 |
| &nbsp;&nbsp;&nbsp;5.50%, 09/13/25 | 1867 | 1894650 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.61%, 09/29/26 (Call 09/29/25)<sup>(a)</sup> | 2325 | 2360549 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/22/33 | 551 | 576528 |
| &nbsp;&nbsp;&nbsp;5.88%, 01/30/42 | 786 | 855970 |
| &nbsp;&nbsp;&nbsp;6.00%, 10/31/33 | 720 | 765900 |
| &nbsp;&nbsp;&nbsp;6.13%, 08/25/36 | 890 | 946844 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.27%, 11/17/33 (Call 11/17/32)<sup>(a)</sup> | 2625 | 2857811 |
| &nbsp;&nbsp;&nbsp;6.63%, 01/15/28 | 121 | 133025 |
| &nbsp;&nbsp;&nbsp;6.63%, 06/15/32 | 989 | 1084251 |
| &nbsp;&nbsp;&nbsp;6.68%, 09/13/43 | 991 | 1151344 |
| &nbsp;&nbsp;&nbsp;8.13%, 07/15/39 | 1192 | 1578971 |
| Citizens Bank NA, 4.58%, 08/09/28 (Call 08/09/27)<sup>(a)</sup> | 270 | 267632 |
| Citizens Bank NA/Providence RI |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 04/28/25 (Call 03/28/25) | 499 | 469245 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/18/26 (Call 11/18/25) | 525 | 508547 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.12%, 05/23/25 (Call 05/23/24)<sup>(a)</sup> | 270 | 266088 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.06%, 10/24/25 (Call 10/24/24)<sup>(a)</sup> | 270 | 274525 |
| Citizens Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 02/06/30 (Call 12/06/29) | 560 | 475821 |
| &nbsp;&nbsp;&nbsp;2.64%, 09/30/32 (Call 07/02/32) | 350 | 274099 |
| &nbsp;&nbsp;&nbsp;2.85%, 07/27/26 (Call 04/25/26) | 400 | 375200 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/30/30 (Call 01/30/30) | 1200 | 1082880 |
| &nbsp;&nbsp;&nbsp;4.30%, 12/03/25 (Call 11/03/25) | 85 | 83004 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.64%, 05/21/37 (Call 05/21/32)<sup>(a)</sup> | 525 | 506441 |
| Comerica Bank, 2.50%, 07/23/24 | 400 | 386304 |
| Comerica Inc., 4.00%, 02/01/29 (Call 10/31/28) | 870 | 843221 |
| Commercial Bank of Dubai PSC, 6.00%, (Call 04/21/26)<sup>(a)(d)(f)</sup> | 400 | 395332 |
| Commercial Bank PSQC (The), 4.50%, (Call 03/03/26)<sup>(a)(d)(f)</sup> | 400 | 370212 |
| Commonwealth Bank of Australia |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 06/15/26<sup>(b)</sup> | 1560 | 1389960 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 09/15/31<sup>(b)</sup> | 1550 | 1272953 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 03/14/25<sup>(b)</sup> | 980 | 933313 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.55%, 03/14/27<sup>(b)</sup> | 1265 | 1172136 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 09/06/26<sup>(b)</sup> | 650 | 608010 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.69%, 03/11/31<sup>(b)</sup> | 1460 | 1176088 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.85%, 05/18/26<sup>(b)</sup> | 405 | 383798 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 09/19/27<sup>(b)</sup> | 545 | 513973 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.31%, 03/11/41<sup>(b)</sup> | 605 | 452280 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.35%, 06/04/24<sup>(b)</sup> | 40 | 39305 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.61%, 09/12/34 (Call 09/12/29)<sup>(a)(b)</sup> | 2240 | 1948710 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.74%, 09/12/39<sup>(b)</sup> | 1000 | 787840 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.78%, 03/14/32<sup>(b)</sup> | 535 | 461191 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 03/16/28<sup>(b)</sup> | 685 | 666512 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 07/12/47<sup>(b)(c)</sup> | 860 | 762536 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.32%, 01/10/48<sup>(b)</sup> | 600 | 481104 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/09/25<sup>(b)</sup> | 200 | 197110 |
| &nbsp;&nbsp;&nbsp;5.08%, 01/10/25 | 500 | 503925 |
| Cooperatieve Rabobank UA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 09/24/26 (Call 09/24/25)<sup>(a)(b)</sup> | 273 | 244351 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.11%, 02/24/27 (Call 02/24/26)<sup>(a)(b)</sup> | 2630 | 2330443 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.34%, 06/24/26 (Call 06/24/25)<sup>(a)(b)</sup> | 593 | 539843 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.98%, 12/15/27 (Call 12/15/26)<sup>(a)(b)</sup> | $1338 | $1186565 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 07/22/24<sup>(b)</sup> | 1206 | 1167818 |
| &nbsp;&nbsp;&nbsp;3.75%, 07/21/26 | 762 | 728541 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.76%, 04/06/33 (Call 04/06/32)<sup>(a)(b)</sup> | 150 | 134663 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/10/29 (Call 04/10/24)<sup>(a)(d)</sup> | 400 | 387068 |
| &nbsp;&nbsp;&nbsp;4.38%, 08/04/25 | 695 | 682254 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/24/41 | 1121 | 1225074 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/04/45<sup>(c)</sup> | 1156 | 1135377 |
| &nbsp;&nbsp;&nbsp;5.75%, 12/01/43 | 740 | 774129 |
| Cooperatieve Rabobank UA/NY |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 01/10/25 | 820 | 771128 |
| &nbsp;&nbsp;&nbsp;3.38%, 05/21/25 | 634 | 617085 |
| Credicorp Ltd., 2.75%, 06/17/25 (Call 05/17/25)<sup>(d)</sup> | 400 | 377128 |
| Credit Agricole SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 01/26/27 (Call 01/26/26)<sup>(a)(b)</sup> | 775 | 692028 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.02%, 01/11/27<sup>(b)(c)</sup> | 500 | 453525 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.81%, 01/11/41<sup>(b)</sup> | 30 | 20583 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/14/30<sup>(b)</sup> | 723 | 625995 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/10/33 (Call 01/10/28)<sup>(a)(b)</sup> | 1280 | 1157389 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/17/25<sup>(b)</sup> | 670 | 656198 |
| &nbsp;&nbsp;&nbsp;5.30%, 07/12/28 | 1975 | 2015744 |
| Credit Agricole SA/London |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.91%, 06/16/26 (Call 06/16/25)<sup>(a)(b)</sup> | 1425 | 1317184 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 01/22/25<sup>(b)</sup> | 250 | 237768 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 10/04/24<sup>(b)</sup> | 2039 | 1985476 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 01/10/27<sup>(b)</sup> | 455 | 441719 |
| Credit Suisse AG |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, 02/15/28 | 530 | 556150 |
| &nbsp;&nbsp;&nbsp;7.95%, 01/09/25 | 530 | 542974 |
| Credit Suisse AG/New York NY |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 02/02/24 | 625 | 587731 |
| &nbsp;&nbsp;&nbsp;1.25%, 08/07/26 | 1270 | 1067054 |
| &nbsp;&nbsp;&nbsp;2.95%, 04/09/25 | 1800 | 1662984 |
| &nbsp;&nbsp;&nbsp;3.63%, 09/09/24 | 1693 | 1613801 |
| &nbsp;&nbsp;&nbsp;3.70%, 02/21/25 | 815 | 767485 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/09/27 | 950 | 903117 |
| Credit Suisse Group AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.31%, 02/02/27 (Call 02/02/26)<sup>(a)(b)</sup> | 2425 | 2013259 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.19%, 06/05/26 (Call 06/05/25)<sup>(a)(b)</sup> | 2214 | 1945951 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.59%, 09/11/25 (Call 09/11/24)<sup>(a)(b)</sup> | 1280 | 1169894 |
| &nbsp;&nbsp;&nbsp;3.09%, 05/14/32 (Call 05/14/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.730%)<sup>(a)(b)</sup> | 990 | 752489 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/26/25 | 2282 | 2148914 |
| &nbsp;&nbsp;&nbsp;3.87%, 01/12/29 (Call 01/12/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.410%)<sup>(a)(b)</sup> | 1282 | 1092969 |
| &nbsp;&nbsp;&nbsp;4.19%, 04/01/31 (Call 04/01/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 3.730%)<sup>(a)(b)</sup> | 1730 | 1460535 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.28%, 01/09/28 (Call 01/09/27)<sup>(b)</sup> | 825 | 728112 |
| &nbsp;&nbsp;&nbsp;4.55%, 04/17/26 | 1378 | 1271522 |
| &nbsp;&nbsp;&nbsp;4.88%, 05/15/45 | 1577 | 1295411 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.37%, 07/15/26 (Call 07/15/25)<sup>(a)(b)</sup> | 1000 | 970930 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.44%, 08/11/28 (Call 08/11/27)<sup>(a)(b)</sup> | 1350 | 1306138 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.54%, 08/12/33 (Call 08/12/32)<sup>(a)(b)</sup> | 1000 | 964210 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.02%, 11/15/33 (Call 11/15/32)<sup>(a)(b)</sup> | 375 | 421635 |
| Dah Sing Bank Ltd., 3.00%, 11/02/31 (Call 11/02/26)<sup>(a)(d)</sup> | 250 | 224775 |
| Danske Bank A/S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.98%, 09/10/25 (Call 09/10/24)<sup>(a)(b)</sup> | 1260 | 1164064 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.55%, 09/10/27 (Call 09/10/26)<sup>(a)(b)</sup> | 250 | 218663 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.62%, 09/11/26 (Call 09/11/25)<sup>(a)(b)</sup> | 1012 | 907845 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.24%, 12/20/25 (Call 12/20/24)<sup>(a)(b)</sup> | $1301 | $1240321 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.77%, 03/28/25 (Call 03/28/24)<sup>(a)(b)</sup> | 1000 | 975770 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 04/01/28 (Call 04/01/27)<sup>(a)(b)</sup> | 980 | 943417 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/12/28<sup>(b)</sup> | 455 | 432059 |
| Danske Bank AS, 6.46%, 01/09/26 (Call 01/09/25)<sup>(a)(b)</sup> | 1000 | 1014950 |
| DBS Group Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.19%, 03/15/27<sup>(b)</sup> | 35 | 30755 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.82%, 03/10/31 (Call 03/10/26)<sup>(a)(d)</sup> | 600 | 539376 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, (Call 02/27/25)<sup>(a)(d)(f)</sup> | 400 | 381140 |
| Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.10%, 01/13/26<sup>(c)</sup> | 655 | 641677 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/25 | 2470 | 2394072 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.12%, 07/14/26 (Call 07/14/25)<sup>(a)</sup> | 390 | 395238 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.72%, 01/18/29 (Call 01/18/28)<sup>(a)</sup> | 335 | 352517 |
| Deutsche Bank AG/London, 3.70%, 05/30/24 | 631 | 626558 |
| Deutsche Bank AG/New York NY |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 05/28/24 | 320 | 302886 |
| &nbsp;&nbsp;&nbsp;1.45%, 04/01/25 (Call 04/01/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.131%)<sup>(a)</sup> | 1157 | 1093943 |
| &nbsp;&nbsp;&nbsp;1.69%, 03/19/26 | 695 | 635591 |
| &nbsp;&nbsp;&nbsp;2.13%, 11/24/26 (Call 11/24/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.870%)<sup>(a)</sup> | 1279 | 1155807 |
| &nbsp;&nbsp;&nbsp;2.31%, 11/16/27 (Call 11/16/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.219%)<sup>(a)</sup> | 985 | 875921 |
| &nbsp;&nbsp;&nbsp;2.55%, 01/07/28 (Call 01/07/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.318%)<sup>(a)</sup> | 900 | 803430 |
| &nbsp;&nbsp;&nbsp;3.04%, 05/28/32 (Call 05/28/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.718%)<sup>(a)</sup> | 303 | 248521 |
| &nbsp;&nbsp;&nbsp;3.55%, 09/18/31 (Call 09/18/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 3.043%)<sup>(a)</sup> | 1255 | 1091160 |
| &nbsp;&nbsp;&nbsp;3.70%, 05/30/24 | 715 | 699091 |
| &nbsp;&nbsp;&nbsp;3.73%, 01/14/32 (Call 01/14/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.757%)<sup>(a)</sup> | 720 | 581443 |
| &nbsp;&nbsp;&nbsp;3.74%, 01/07/33 (Call 10/07/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.257%)<sup>(a)</sup> | 850 | 672069 |
| &nbsp;&nbsp;&nbsp;3.96%, 11/26/25 (Call 11/26/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.581%)<sup>(a)</sup> | 1235 | 1196579 |
| &nbsp;&nbsp;&nbsp;4.10%, 01/13/26 | 437 | 422330 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 12/01/32 (Call 12/01/27)<sup>(a)</sup> | 629 | 562641 |
| &nbsp;&nbsp;&nbsp;5.37%, 09/09/27 | 360 | 368978 |
| &nbsp;&nbsp;&nbsp;5.88%, 07/08/31 (Call 04/08/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 5.438%)<sup>(a)</sup> | 295 | 278530 |
| Development Bank of Kazakhstan JSC, 5.75%, 05/12/25<sup>(d)</sup> | 200 | 201204 |
| Development Bank of the Philippines, 2.38%, 03/11/31<sup>(d)</sup> | 200 | 162004 |
| Dexia Credit Local SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 04/09/26<sup>(b)(c)</sup> | 409 | 370697 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 10/16/24<sup>(b)</sup> | 725 | 689823 |
| DIB Sukuk Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.96%, 06/22/26<sup>(d)</sup> | 800 | 728656 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 02/20/25<sup>(d)</sup> | 600 | 574410 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 01/16/26<sup>(d)</sup> | 1200 | 1138608 |
| &nbsp;&nbsp;&nbsp;5.49%, 11/30/27 | 200 | 206550 |
| DIB Tier 1 Sukuk 3 Ltd., 6.25%, (Call 01/22/25)<sup>(a)(d)(f)</sup> | 800 | 806696 |
| DIB Tier 1 Sukuk 4 Ltd., 4.63%, (Call 05/19/26)<sup>(a)(d)(f)</sup> | 800 | 772264 |
| DIB Tier 1 Sukuk 5 Ltd., 3.38%, (Call 10/19/26)<sup>(a)(d)(f)</sup> | 200 | 182612 |
| Discover Bank |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 09/12/24 (Call 08/12/24) | 1340 | 1282568 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/06/30 (Call 11/06/29) | 100 | 83654 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 07/27/26 (Call 04/27/26) | $225 | $213595 |
| &nbsp;&nbsp;&nbsp;4.65%, 09/13/28 (Call 06/13/28) | 744 | 722067 |
| DNB Bank ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.54%, 05/25/27 (Call 05/25/26)<sup>(a)(b)</sup> | 1665 | 1474058 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.90%, 10/09/26 (Call 10/09/25)<sup>(a)(b)</sup> | 1585 | 1602990 |
| Doha Finance Ltd., 2.38%, 03/31/26<sup>(d)</sup> | 400 | 366732 |
| Dresdner Funding Trust I, 8.15%, 06/30/31 (Call 06/30/29)<sup>(b)</sup> | 765 | 831387 |
| Dukhan Tier 1 Sukuk Ltd., 3.95%, (Call 07/14/26)<sup>(a)(d)(f)</sup> | 200 | 188654 |
| Ecobank Transnational Inc., 9.50%, 04/18/24<sup>(d)</sup> | 400 | 400728 |
| EI Sukuk Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.83%, 09/23/25<sup>(d)</sup> | 600 | 557856 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.08%, 11/02/26<sup>(d)</sup> | 200 | 180158 |
| Emirates Development Bank PJSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.64%, 06/15/26<sup>(d)</sup> | 600 | 543522 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.52%, 03/06/24<sup>(d)</sup> | 400 | 392648 |
| Emirates NBD Bank PJSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.64%, 01/13/26<sup>(d)</sup> | 1000 | 916250 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 02/18/25<sup>(d)</sup> | 300 | 286575 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, (Call 02/27/27)<sup>(a)(d)(f)</sup> | 400 | 371664 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, (Call 03/20/25)<sup>(a)(d)(f)</sup> | 600 | 601500 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, (Call 04/09/26)<sup>(a)(d)(f)</sup> | 600 | 602052 |
| Fab Sukuk Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.41%, 01/14/26<sup>(d)</sup> | 800 | 731272 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/21/25<sup>(d)</sup> | 400 | 383336 |
| Federation des Caisses Desjardins du Quebec |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.70%, 05/21/24<sup>(b)</sup> | 1425 | 1346140 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.05%, 02/10/25<sup>(b)</sup> | 1006 | 944493 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 08/23/25<sup>(b)</sup> | 500 | 493085 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.55%, 08/23/27<sup>(b)</sup> | 480 | 473952 |
| &nbsp;&nbsp;&nbsp;5.28%, 01/23/26 | 1140 | 1144161 |
| Fifth Third Bancorp. |  |  |
| &nbsp;&nbsp;&nbsp;1.71%, 11/01/27 (Call 11/01/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.685%)<sup>(a)</sup> | 505 | 455182 |
| &nbsp;&nbsp;&nbsp;2.38%, 01/28/25 (Call 12/29/24) | 946 | 903089 |
| &nbsp;&nbsp;&nbsp;2.55%, 05/05/27 (Call 04/05/27) | 762 | 703562 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/14/28 (Call 02/14/28) | 488 | 473609 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.06%, 04/25/28 (Call 04/25/27)<sup>(a)</sup> | 380 | 367221 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.34%, 04/25/33 (Call 04/05/32)<sup>(a)</sup> | 370 | 352099 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.77%, 07/28/30 (Call 07/28/29)<sup>(a)</sup> | 400 | 395284 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.36%, 10/27/28 (Call 10/27/27)<sup>(a)</sup> | 650 | 686835 |
| &nbsp;&nbsp;&nbsp;8.25%, 03/01/38 | 995 | 1298395 |
| Fifth Third Bank NA |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 02/01/27 (Call 01/01/27) | 705 | 647007 |
| &nbsp;&nbsp;&nbsp;3.85%, 03/15/26 (Call 02/15/26) | 468 | 451859 |
| &nbsp;&nbsp;&nbsp;3.95%, 07/28/25 (Call 06/28/25) | 395 | 390375 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.85%, 10/27/25 (Call 10/27/24)<sup>(a)</sup> | 400 | 406184 |
| First Abu Dhabi Bank PJSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, (Call 04/05/26)<sup>(a)(d)(f)</sup> | 400 | 385396 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 10/13/27<sup>(d)</sup> | 800 | 821128 |
| First Horizon Bank, 5.75%, 05/01/30 (Call 02/01/30) | 325 | 328887 |
| First Horizon Corp., 4.00%, 05/26/25 (Call 04/26/25) | 410 | 400914 |
| First Republic Bank/CA |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 08/01/46 (Call 02/01/46) | 605 | 479499 |
| &nbsp;&nbsp;&nbsp;4.63%, 02/13/47 (Call 08/13/46) | 430 | 355894 |
| First-Citizens Bank & Trust Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.97%, 09/27/25 (Call 09/27/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. SOFR + 1.715%)<sup>(a)</sup> | 298 | 285407 |
| &nbsp;&nbsp;&nbsp;6.13%, 03/09/28 | 355 | 370929 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Banks (continued)** |  |  |
| Freedom Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 01/15/27 (Call 01/15/24)<sup>(b)</sup> | $465 | $386987 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 05/01/26 (Call 05/01/23)<sup>(b)</sup> | 390 | 343270 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 11/15/24 (Call 03/03/23)<sup>(b)</sup> | 413 | 399127 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 370 | 352773 |
| Goldman Sachs Capital I, 6.35%, 02/15/34 | 1349 | 1450620 |
| Goldman Sachs Group Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.86%, 02/12/26 (Call 02/12/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.609%)<sup>(a)</sup> | 448 | 410502 |
| &nbsp;&nbsp;&nbsp;1.09%, 12/09/26 (Call 12/09/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.789%)<sup>(a)</sup> | 1520 | 1359078 |
| &nbsp;&nbsp;&nbsp;1.43%, 03/09/27 (Call 03/09/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.798%)<sup>(a)</sup> | 1663 | 1488585 |
| &nbsp;&nbsp;&nbsp;1.54%, 09/10/27 (Call 09/10/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.818%)<sup>(a)</sup> | 1590 | 1403525 |
| &nbsp;&nbsp;&nbsp;1.95%, 10/21/27 (Call 10/21/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.913%)<sup>(a)</sup> | 2570 | 2299816 |
| &nbsp;&nbsp;&nbsp;1.99%, 01/27/32 (Call 01/27/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.090%)<sup>(a)</sup> | 1807 | 1446576 |
| &nbsp;&nbsp;&nbsp;2.38%, 07/21/32 (Call 07/21/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.248%)<sup>(a)</sup> | 2358 | 1931438 |
| &nbsp;&nbsp;&nbsp;2.60%, 02/07/30 (Call 11/07/29) | 703 | 611434 |
| &nbsp;&nbsp;&nbsp;2.62%, 04/22/32 (Call 04/22/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.281%)<sup>(a)</sup> | 1682 | 1407212 |
| &nbsp;&nbsp;&nbsp;2.64%, 02/24/28 (Call 02/24/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.114%)<sup>(a)</sup> | 2440 | 2236577 |
| &nbsp;&nbsp;&nbsp;2.65%, 10/21/32 (Call 10/21/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.264%)<sup>(a)</sup> | 1885 | 1565323 |
| &nbsp;&nbsp;&nbsp;2.91%, 07/21/42 (Call 07/21/41), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.472%)<sup>(a)</sup> | 890 | 665587 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/15/24 | 615 | 602983 |
| &nbsp;&nbsp;&nbsp;3.10%, 02/24/33 (Call 02/24/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.410%)<sup>(a)</sup> | 2108 | 1805903 |
| &nbsp;&nbsp;&nbsp;3.21%, 04/22/42 (Call 04/22/41), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.513%)<sup>(a)</sup> | 1443 | 1133274 |
| &nbsp;&nbsp;&nbsp;3.27%, 09/29/25 (Call 09/29/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.201%)<sup>(a)</sup> | 1557 | 1509262 |
| &nbsp;&nbsp;&nbsp;3.44%, 02/24/43 (Call 02/24/42), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.632%)<sup>(a)</sup> | 1315 | 1058706 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/23/25 (Call 10/23/24) | 918 | 894417 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/25 (Call 03/01/25) | 2170 | 2107265 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/16/26 (Call 11/16/25) | 1944 | 1866901 |
| &nbsp;&nbsp;&nbsp;3.62%, 03/15/28 (Call 03/15/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.846%)<sup>(a)</sup> | 785 | 747414 |
| &nbsp;&nbsp;&nbsp;3.63%, 02/20/24 (Call 01/20/24) | 1521 | 1500117 |
| &nbsp;&nbsp;&nbsp;3.69%, 06/05/28 (Call 06/05/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.510%)<sup>(a)</sup> | 1753 | 1672011 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/22/25 (Call 02/22/25) | 1954 | 1909546 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/25/26 (Call 11/25/25) | 1371 | 1339179 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/15/30 (Call 12/15/29) | 1281 | 1203256 |
| &nbsp;&nbsp;&nbsp;3.81%, 04/23/29 (Call 04/23/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.158%)<sup>(a)</sup> | 1652 | 1560479 |
| &nbsp;&nbsp;&nbsp;3.85%, 07/08/24 (Call 04/08/24) | 1076 | 1060742 |
| &nbsp;&nbsp;&nbsp;3.85%, 01/26/27 (Call 01/26/26) | 1854 | 1793430 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/03/24 | 2056 | 2036386 |
| &nbsp;&nbsp;&nbsp;4.02%, 10/31/38 (Call 10/31/37), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.373%)<sup>(a)</sup> | 2362 | 2095070 |
| &nbsp;&nbsp;&nbsp;4.22%, 05/01/29 (Call 05/01/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.301%)<sup>(a)</sup> | 2192 | 2114710 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/21/25 | 1320 | 1299712 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.39%, 06/15/27 (Call 06/15/26)<sup>(a)</sup> | $720 | $706327 |
| &nbsp;&nbsp;&nbsp;4.41%, 04/23/39 (Call 04/23/38), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.430%)<sup>(a)</sup> | 1152 | 1064621 |
| &nbsp;&nbsp;&nbsp;4.48%, 08/23/28 (Call 08/23/27)<sup>(a)</sup> | 1645 | 1617561 |
| &nbsp;&nbsp;&nbsp;4.75%, 10/21/45 (Call 04/21/45) | 1233 | 1194469 |
| &nbsp;&nbsp;&nbsp;4.80%, 07/08/44 (Call 01/08/44) | 1626 | 1571480 |
| &nbsp;&nbsp;&nbsp;5.15%, 05/22/45 | 1728 | 1710616 |
| &nbsp;&nbsp;&nbsp;5.70%, 11/01/24 | 865 | 878624 |
| &nbsp;&nbsp;&nbsp;5.95%, 01/15/27 | 686 | 713611 |
| &nbsp;&nbsp;&nbsp;6.13%, 02/15/33 | 1308 | 1439663 |
| &nbsp;&nbsp;&nbsp;6.25%, 02/01/41 | 1965 | 2229862 |
| &nbsp;&nbsp;&nbsp;6.45%, 05/01/36 | 918 | 1003787 |
| &nbsp;&nbsp;&nbsp;6.75%, 10/01/37 | 4070 | 4568168 |
| Grupo Aval Ltd., 4.38%, 02/04/30 (Call 11/04/29)<sup>(d)</sup> | 600 | 495450 |
| Gulf International Bank BSC, 2.38%, 09/23/25<sup>(d)</sup> | 600 | 555582 |
| Hana Bank |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 12/16/26<sup>(d)</sup> | 400 | 347884 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/30/27<sup>(d)</sup> | 600 | 566400 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/14/24<sup>(d)</sup> | 200 | 195614 |
| HSBC Bank USA NA, 7.00%, 01/15/39 | 315 | 367299 |
| HSBC Bank USA NA/New York NY |  |  |
| &nbsp;&nbsp;&nbsp;5.63%, 08/15/35 | 645 | 639453 |
| &nbsp;&nbsp;&nbsp;5.88%, 11/01/34 | 180 | 178254 |
| HSBC Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;0.98%, 05/24/25 (Call 05/24/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.708%)<sup>(a)</sup> | 485 | 456089 |
| &nbsp;&nbsp;&nbsp;1.59%, 05/24/27 (Call 05/24/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.290%)<sup>(a)</sup> | 1780 | 1578664 |
| &nbsp;&nbsp;&nbsp;1.65%, 04/18/26 (Call 04/18/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.538%)<sup>(a)</sup> | 1680 | 1548523 |
| &nbsp;&nbsp;&nbsp;2.01%, 09/22/28 (Call 09/22/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.732%)<sup>(a)</sup> | 1294 | 1120268 |
| &nbsp;&nbsp;&nbsp;2.10%, 06/04/26 (Call 06/04/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.929%)<sup>(a)</sup> | 995 | 923957 |
| &nbsp;&nbsp;&nbsp;2.21%, 08/17/29 (Call 08/17/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.285%)<sup>(a)</sup> | 695 | 588693 |
| &nbsp;&nbsp;&nbsp;2.25%, 11/22/27 (Call 11/22/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.100%)<sup>(a)</sup> | 1840 | 1650351 |
| &nbsp;&nbsp;&nbsp;2.36%, 08/18/31 (Call 08/18/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.947%)<sup>(a)</sup> | 400 | 325592 |
| &nbsp;&nbsp;&nbsp;2.63%, 11/07/25 (Call 11/07/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.401%)<sup>(a)</sup> | 1590 | 1516796 |
| &nbsp;&nbsp;&nbsp;2.80%, 05/24/32 (Call 05/24/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.187%)<sup>(a)</sup> | 1870 | 1541665 |
| &nbsp;&nbsp;&nbsp;2.85%, 06/04/31 (Call 06/04/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.387%)<sup>(a)</sup> | 689 | 582577 |
| &nbsp;&nbsp;&nbsp;2.87%, 11/22/32 (Call 11/22/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.410%)<sup>(a)</sup> | 1483 | 1220138 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/10/26 (Call 03/10/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.430%)<sup>(a)</sup> | 510 | 486127 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/11/25 (Call 03/11/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.211%)<sup>(a)</sup> | 1640 | 1609922 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/25/26 | 1215 | 1173228 |
| &nbsp;&nbsp;&nbsp;3.97%, 05/22/30 (Call 05/22/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.610%)<sup>(a)</sup> | 2028 | 1868356 |
| &nbsp;&nbsp;&nbsp;4.04%, 03/13/28 (Call 03/13/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.546%)<sup>(a)</sup> | 995 | 954334 |
| &nbsp;&nbsp;&nbsp;4.18%, 12/09/25 (Call 12/09/24)<sup>(a)</sup> | 545 | 534650 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/14/24 | 942 | 932495 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/18/25 | 605 | 594068 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.29%, 09/12/26 (Call 09/15/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.348%)<sup>(a)</sup> | $1113 | $1083750 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/08/26 | 1645 | 1612100 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/23/26 | 1225 | 1206196 |
| &nbsp;&nbsp;&nbsp;4.58%, 06/19/29 (Call 06/19/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.535%)<sup>(a)</sup> | 1709 | 1655730 |
| &nbsp;&nbsp;&nbsp;4.76%, 06/09/28 (Call 06/09/27)<sup>(a)</sup> | 1105 | 1086403 |
| &nbsp;&nbsp;&nbsp;4.76%, 03/29/33 (Call 03/29/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.530%)<sup>(a)</sup> | 1120 | 1032573 |
| &nbsp;&nbsp;&nbsp;4.95%, 03/31/30 | 1075 | 1076752 |
| &nbsp;&nbsp;&nbsp;5.21%, 08/11/28 (Call 08/11/27)<sup>(a)</sup> | 600 | 602904 |
| &nbsp;&nbsp;&nbsp;5.25%, 03/14/44 | 775 | 741078 |
| &nbsp;&nbsp;&nbsp;5.40%, 08/11/33 (Call 08/11/32)<sup>(a)</sup> | 1350 | 1346598 |
| &nbsp;&nbsp;&nbsp;6.10%, 01/14/42<sup>(c)</sup> | 755 | 852931 |
| &nbsp;&nbsp;&nbsp;6.50%, 05/02/36 | 1511 | 1595586 |
| &nbsp;&nbsp;&nbsp;6.50%, 09/15/37 | 2255 | 2399586 |
| &nbsp;&nbsp;&nbsp;6.80%, 06/01/38 | 1419 | 1510497 |
| &nbsp;&nbsp;&nbsp;7.34%, 11/03/26 (Call 11/03/25)<sup>(a)</sup> | 1775 | 1873921 |
| &nbsp;&nbsp;&nbsp;7.39%, 11/03/28 (Call 11/03/27)<sup>(a)</sup> | 1385 | 1509041 |
| &nbsp;&nbsp;&nbsp;8.11%, 11/03/33 (Call 11/03/32)<sup>(a)</sup> | 1700 | 1948183 |
| HSBC USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 06/23/24 | 960 | 941971 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/24/24 | 1080 | 1066932 |
| Huntington Bancshares Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.49%, 08/15/36 (Call 08/15/31)<sup>(a)</sup> | 717 | 542461 |
| &nbsp;&nbsp;&nbsp;4.44%, 08/04/28 (Call 08/04/27)<sup>(a)</sup> | 460 | 449084 |
| &nbsp;&nbsp;&nbsp;5.02%, 05/17/33 (Call 05/17/32)<sup>(a)</sup> | 600 | 594864 |
| Huntington Bancshares Inc./OH |  |  |
| &nbsp;&nbsp;&nbsp;2.55%, 02/04/30 (Call 01/04/30) | 594 | 510798 |
| &nbsp;&nbsp;&nbsp;2.63%, 08/06/24 (Call 07/06/24) | 1226 | 1185836 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/15/25 (Call 04/15/25) | 515 | 506739 |
| Huntington National Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;4.55%, 05/17/28 (Call 05/17/27)<sup>(a)</sup> | 340 | 334489 |
| &nbsp;&nbsp;&nbsp;5.65%, 01/10/30 (Call 11/10/29) | 75 | 77995 |
| &nbsp;&nbsp;&nbsp;5.70%, 11/18/25 (Call 11/18/24)<sup>(a)</sup> | 500 | 505115 |
| ICICI Bank Ltd./Dubai |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 12/14/27<sup>(c)(d)</sup> | 700 | 661787 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/18/26<sup>(d)</sup> | 200 | 192544 |
| Industrial & Commercial Bank of China Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, (Call 09/24/26)<sup>(a)(d)(f)</sup> | 4200 | 3995334 |
| &nbsp;&nbsp;&nbsp;4.88%, 09/21/25<sup>(d)</sup> | 600 | 599022 |
| Industrial & Commercial Bank of China Ltd./Hong Kong |  |  |
| &nbsp;&nbsp;&nbsp;1.20%, 07/20/25<sup>(d)</sup> | 400 | 367492 |
| &nbsp;&nbsp;&nbsp;1.63%, 10/28/26<sup>(d)</sup> | 1400 | 1260504 |
| &nbsp;&nbsp;&nbsp;2.95%, 06/01/25<sup>(d)</sup> | 200 | 192506 |
| &nbsp;&nbsp;&nbsp;5.52%, 09/16/24, (3 mo. LIBOR US + 0.780%)<sup>(a)(d)</sup> | 600 | 600666 |
| Industrial & Commercial Bank of China Ltd./Singapore |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 10/28/24<sup>(d)</sup> | 2000 | 1876960 |
| &nbsp;&nbsp;&nbsp;1.20%, 09/09/25<sup>(d)</sup> | 800 | 732600 |
| &nbsp;&nbsp;&nbsp;5.65%, 04/25/24, (3 mo. LIBOR US + 0.830%)<sup>(a)(d)</sup> | 200 | 200338 |
| Industrial & Commercial Bank of China Macau Ltd., |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 09/12/29 (Call 09/12/24)<sup>(a)(d)</sup> | 2400 | 2310912 |
| Industrial Bank Co. Ltd./Hong Kong |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 06/10/24<sup>(d)</sup> | 900 | 854955 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/18/25<sup>(d)</sup> | 400 | 387876 |
| ING Groep NV |  |  |
| &nbsp;&nbsp;&nbsp;1.40%, 07/01/26 (Call 07/01/25)<sup>(a)(b)</sup> | 765 | 695446 |
| &nbsp;&nbsp;&nbsp;1.73%, 04/01/27 (Call 04/01/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.005%)<sup>(a)</sup> | 440 | 395340 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.73%, 04/01/32 (Call 04/01/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.316%)<sup>(a)</sup> | $733 | $612913 |
| &nbsp;&nbsp;&nbsp;3.55%, 04/09/24 | 1039 | 1021254 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/29/27 | 1103 | 1066513 |
| &nbsp;&nbsp;&nbsp;4.02%, 03/28/28 (Call 03/28/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.830%)<sup>(a)</sup> | 205 | 196636 |
| &nbsp;&nbsp;&nbsp;4.05%, 04/09/29 | 648 | 616190 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/28/33 (Call 03/28/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.070%)<sup>(a)</sup> | 221 | 205981 |
| &nbsp;&nbsp;&nbsp;4.55%, 10/02/28 | 788 | 769545 |
| &nbsp;&nbsp;&nbsp;4.63%, 01/06/26<sup>(b)</sup> | 1190 | 1186894 |
| International Bank of Azerbaijan OJSC, 3.50%, 09/01/24<sup>(d)</sup> | 750 | 720015 |
| Intesa Sanpaolo SpA |  |  |
| &nbsp;&nbsp;&nbsp;3.88%, 07/14/27<sup>(b)</sup> | 985 | 906643 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/12/28<sup>(b)</sup> | 455 | 414528 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/01/32 (Call 06/01/31)<sup>(a)(b)</sup> | 466 | 370088 |
| &nbsp;&nbsp;&nbsp;4.95%, 06/01/42 (Call 06/01/41)<sup>(a)(b)</sup> | 490 | 355328 |
| &nbsp;&nbsp;&nbsp;5.02%, 06/26/24<sup>(b)</sup> | 1300 | 1266512 |
| &nbsp;&nbsp;&nbsp;5.71%, 01/15/26<sup>(b)</sup> | 1090 | 1069116 |
| &nbsp;&nbsp;&nbsp;7.00%, 11/21/25<sup>(b)</sup> | 200 | 206628 |
| &nbsp;&nbsp;&nbsp;8.25%, 11/21/33 (Call 11/21/32)<sup>(a)(b)</sup> | 275 | 300110 |
| &nbsp;&nbsp;&nbsp;Series XR, 3.25%, 09/23/24<sup>(b)</sup> | 975 | 932383 |
| &nbsp;&nbsp;&nbsp;Series XR, 4.00%, 09/23/29<sup>(b)</sup> | 560 | 501732 |
| &nbsp;&nbsp;&nbsp;Series XR, 4.70%, 09/23/49<sup>(b)</sup> | 750 | 586913 |
| Itau Unibanco Holding SA/Cayman Island, 3.25%, 01/24/25<sup>(c)(d)</sup> | 400 | 387272 |
| JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;0.56%, 02/16/25 (Call 02/16/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.420%)<sup>(a)</sup> | 225 | 213948 |
| &nbsp;&nbsp;&nbsp;0.77%, 08/09/25 (Call 08/09/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.490%)<sup>(a)</sup> | 1060 | 989001 |
| &nbsp;&nbsp;&nbsp;0.82%, 06/01/25 (Call 06/01/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.540%)<sup>(a)</sup> | 1375 | 1294205 |
| &nbsp;&nbsp;&nbsp;0.97%, 06/23/25 (Call 06/23/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. SOFR + 0.580%)<sup>(a)</sup> | 1065 | 1002080 |
| &nbsp;&nbsp;&nbsp;1.04%, 02/04/27 (Call 02/04/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. SOFR + 0.695%)<sup>(a)</sup> | 1431 | 1275493 |
| &nbsp;&nbsp;&nbsp;1.05%, 11/19/26 (Call 11/19/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.800%)<sup>(a)</sup> | 1934 | 1732806 |
| &nbsp;&nbsp;&nbsp;1.47%, 09/22/27 (Call 09/22/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.765%)<sup>(a)</sup> | 975 | 864737 |
| &nbsp;&nbsp;&nbsp;1.56%, 12/10/25 (Call 12/10/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.605%)<sup>(a)</sup> | 1025 | 959871 |
| &nbsp;&nbsp;&nbsp;1.58%, 04/22/27 (Call 04/22/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.885%)<sup>(a)</sup> | 2120 | 1905456 |
| &nbsp;&nbsp;&nbsp;1.76%, 11/19/31 (Call 11/19/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. SOFR + 1.105%)<sup>(a)</sup> | 1135 | 903869 |
| &nbsp;&nbsp;&nbsp;1.95%, 02/04/32 (Call 02/04/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.065%)<sup>(a)</sup> | 2100 | 1687602 |
| &nbsp;&nbsp;&nbsp;2.01%, 03/13/26 (Call 03/13/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. SOFR + 1.585%)<sup>(a)</sup> | 1487 | 1398390 |
| &nbsp;&nbsp;&nbsp;2.07%, 06/01/29 (Call 06/01/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.015%)<sup>(a)</sup> | 1525 | 1321351 |
| &nbsp;&nbsp;&nbsp;2.08%, 04/22/26 (Call 04/22/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.850%)<sup>(a)</sup> | 2159 | 2027625 |
| &nbsp;&nbsp;&nbsp;2.18%, 06/01/28 (Call 06/01/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.890%)<sup>(a)</sup> | 980 | 879746 |
| &nbsp;&nbsp;&nbsp;2.30%, 10/15/25 (Call 10/15/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.160%)<sup>(a)</sup> | 1299 | 1236466 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.52%, 04/22/31 (Call 04/22/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.040%)<sup>(a)</sup> | $1639 | $1401869 |
| &nbsp;&nbsp;&nbsp;2.53%, 11/19/41 (Call 11/19/40), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.510%)<sup>(a)</sup> | 1590 | 1142049 |
| &nbsp;&nbsp;&nbsp;2.55%, 11/08/32 (Call 11/08/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.180%)<sup>(a)</sup> | 2510 | 2084505 |
| &nbsp;&nbsp;&nbsp;2.58%, 04/22/32 (Call 04/22/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.250%)<sup>(a)</sup> | 1550 | 1305782 |
| &nbsp;&nbsp;&nbsp;2.60%, 02/24/26 (Call 02/24/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.915%)<sup>(a)</sup> | 1000 | 952650 |
| &nbsp;&nbsp;&nbsp;2.74%, 10/15/30 (Call 10/15/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.510%)<sup>(a)</sup> | 2587 | 2260495 |
| &nbsp;&nbsp;&nbsp;2.95%, 10/01/26 (Call 07/01/26) | 1809 | 1723054 |
| &nbsp;&nbsp;&nbsp;2.95%, 02/24/28 (Call 02/24/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.170%)<sup>(a)</sup> | 985 | 913046 |
| &nbsp;&nbsp;&nbsp;2.96%, 05/13/31 (Call 05/13/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.515%)<sup>(a)</sup> | 1990 | 1719280 |
| &nbsp;&nbsp;&nbsp;2.96%, 01/25/33 (Call 01/25/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.260%)<sup>(a)</sup> | 1835 | 1572962 |
| &nbsp;&nbsp;&nbsp;3.11%, 04/22/41 (Call 04/22/40), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.460%)<sup>(a)</sup> | 1200 | 950124 |
| &nbsp;&nbsp;&nbsp;3.11%, 04/22/51 (Call 04/22/50), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.440%)<sup>(a)</sup> | 1482 | 1089729 |
| &nbsp;&nbsp;&nbsp;3.13%, 01/23/25 (Call 10/23/24) | 1524 | 1485092 |
| &nbsp;&nbsp;&nbsp;3.16%, 04/22/42 (Call 04/22/41), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.460%)<sup>(a)</sup> | 1440 | 1136822 |
| &nbsp;&nbsp;&nbsp;3.20%, 06/15/26 (Call 03/15/26) | 1559 | 1495549 |
| &nbsp;&nbsp;&nbsp;3.22%, 03/01/25 (Call 03/01/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.155%)<sup>(a)</sup> | 1606 | 1571375 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/01/26 (Call 01/01/26) | 1367 | 1319469 |
| &nbsp;&nbsp;&nbsp;3.33%, 04/22/52 (Call 04/22/51), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.580%)<sup>(a)</sup> | 1371 | 1044962 |
| &nbsp;&nbsp;&nbsp;3.51%, 01/23/29 (Call 01/23/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.945%)<sup>(a)</sup> | 2537 | 2377194 |
| &nbsp;&nbsp;&nbsp;3.54%, 05/01/28 (Call 05/01/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.380%)<sup>(a)</sup> | 1926 | 1824577 |
| &nbsp;&nbsp;&nbsp;3.63%, 05/13/24 | 553 | 547464 |
| &nbsp;&nbsp;&nbsp;3.63%, 12/01/27 (Call 12/01/26) | 1435 | 1379265 |
| &nbsp;&nbsp;&nbsp;3.70%, 05/06/30 (Call 05/06/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.160%)<sup>(a)</sup> | 1673 | 1557463 |
| &nbsp;&nbsp;&nbsp;3.78%, 02/01/28 (Call 02/01/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.337%)<sup>(a)</sup> | 2129 | 2047140 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/14/25 (Call 06/14/24)<sup>(a)</sup> | 1380 | 1357092 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/01/24 | 1396 | 1383394 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/10/24 | 2737 | 2695671 |
| &nbsp;&nbsp;&nbsp;3.88%, 07/24/38 (Call 07/24/37), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.360%)<sup>(a)</sup> | 1140 | 1010222 |
| &nbsp;&nbsp;&nbsp;3.90%, 07/15/25 (Call 04/15/25) | 1809 | 1785049 |
| &nbsp;&nbsp;&nbsp;3.90%, 01/23/49 (Call 01/23/48), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.220%)<sup>(a)</sup> | 1703 | 1452029 |
| &nbsp;&nbsp;&nbsp;3.96%, 01/29/27 (Call 01/29/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.245%)<sup>(a)</sup> | 1369 | 1337581 |
| &nbsp;&nbsp;&nbsp;3.96%, 11/15/48 (Call 11/15/47), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.380%)<sup>(a)</sup> | 2359 | 2039403 |
| &nbsp;&nbsp;&nbsp;4.01%, 04/23/29 (Call 04/23/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.120%)<sup>(a)</sup> | 1312 | 1257932 |
| &nbsp;&nbsp;&nbsp;4.03%, 07/24/48 (Call 07/24/47), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.460%)<sup>(a)</sup> | 1102 | 962652 |
| &nbsp;&nbsp;&nbsp;4.08%, 04/26/26 (Call 04/26/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.320%)<sup>(a)</sup> | 2070 | 2033485 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 12/15/26 | $1017 | $1007155 |
| &nbsp;&nbsp;&nbsp;4.20%, 07/23/29 (Call 07/23/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.260%)<sup>(a)</sup> | 1520 | 1467089 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/01/27 | 1788 | 1765990 |
| &nbsp;&nbsp;&nbsp;4.26%, 02/22/48 (Call 02/22/47), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.580%)<sup>(a)</sup> | 1508 | 1364453 |
| &nbsp;&nbsp;&nbsp;4.32%, 04/26/28 (Call 04/26/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.560%)<sup>(a)</sup> | 2170 | 2122564 |
| &nbsp;&nbsp;&nbsp;4.45%, 12/05/29 (Call 12/05/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.330%)<sup>(a)</sup> | 1998 | 1949369 |
| &nbsp;&nbsp;&nbsp;4.49%, 03/24/31 (Call 03/24/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 3.790%)<sup>(a)</sup> | 1641 | 1599220 |
| &nbsp;&nbsp;&nbsp;4.57%, 06/14/30 (Call 06/14/29)<sup>(a)</sup> | 1850 | 1812075 |
| &nbsp;&nbsp;&nbsp;4.59%, 04/26/33 (Call 04/26/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.800%)<sup>(a)</sup> | 555 | 538766 |
| &nbsp;&nbsp;&nbsp;4.85%, 07/25/28 (Call 07/25/27)<sup>(a)</sup> | 2150 | 2149634 |
| &nbsp;&nbsp;&nbsp;4.85%, 02/01/44 | 778 | 778397 |
| &nbsp;&nbsp;&nbsp;4.91%, 07/25/33 (Call 07/25/32)<sup>(a)</sup> | 1580 | 1573964 |
| &nbsp;&nbsp;&nbsp;4.95%, 06/01/45 | 1441 | 1408073 |
| &nbsp;&nbsp;&nbsp;5.40%, 01/06/42 | 1335 | 1407384 |
| &nbsp;&nbsp;&nbsp;5.50%, 10/15/40 | 1307 | 1392295 |
| &nbsp;&nbsp;&nbsp;5.55%, 12/15/25 (Call 12/15/24)<sup>(a)</sup> | 3115 | 3140169 |
| &nbsp;&nbsp;&nbsp;5.60%, 07/15/41 | 1418 | 1522351 |
| &nbsp;&nbsp;&nbsp;5.63%, 08/16/43 | 1297 | 1367907 |
| &nbsp;&nbsp;&nbsp;5.72%, 09/14/33 (Call 09/14/32)<sup>(a)</sup> | 2775 | 2851479 |
| &nbsp;&nbsp;&nbsp;6.40%, 05/15/38 | 1914 | 2201157 |
| &nbsp;&nbsp;&nbsp;7.63%, 10/15/26 | 1165 | 1286754 |
| &nbsp;&nbsp;&nbsp;8.00%, 04/29/27 | 2033 | 2316949 |
| &nbsp;&nbsp;&nbsp;8.75%, 09/01/30 | 65 | 76893 |
| Kasikornbank PCL/Hong Kong, 3.34%, 10/02/31 (Call 10/02/26)<sup>(a)(d)</sup> | 600 | 539586 |
| KBC Group NV, 5.80%, 01/19/29 (Call 01/19/28)<sup>(a)(b)</sup> | 1090 | 1105838 |
| KeyBank NA, 5.00%, 01/26/33 | 250 | 250573 |
| KeyBank NA/Cleveland OH |  |  |
| &nbsp;&nbsp;&nbsp;3.30%, 06/01/25 | 250 | 242213 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/20/26 | 630 | 598979 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/13/29 | 629 | 581756 |
| &nbsp;&nbsp;&nbsp;4.15%, 08/08/25 | 50 | 49410 |
| &nbsp;&nbsp;&nbsp;4.90%, 08/08/32 | 270 | 263498 |
| &nbsp;&nbsp;&nbsp;5.85%, 11/15/27 (Call 10/16/27) | 500 | 524000 |
| KeyCorp |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 04/06/27 | 653 | 596816 |
| &nbsp;&nbsp;&nbsp;2.55%, 10/01/29 | 820 | 714302 |
| &nbsp;&nbsp;&nbsp;3.88%, 05/23/25 (Call 05/23/24)<sup>(a)</sup> | 260 | 255393 |
| &nbsp;&nbsp;&nbsp;4.10%, 04/30/28 | 630 | 613595 |
| &nbsp;&nbsp;&nbsp;4.15%, 10/29/25 | 558 | 553503 |
| &nbsp;&nbsp;&nbsp;4.79%, 06/01/33 (Call 06/01/32)<sup>(a)</sup> | 710 | 696190 |
| KKR Group Finance Co. XII LLC, 4.85%, 05/17/32 (Call 02/17/32)<sup>(b)</sup> | 291 | 282965 |
| Kookmin Bank |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 05/06/26<sup>(d)</sup> | 400 | 357544 |
| &nbsp;&nbsp;&nbsp;1.75%, 05/04/25<sup>(c)(d)</sup> | 400 | 371860 |
| &nbsp;&nbsp;&nbsp;2.13%, 02/15/25<sup>(d)</sup> | 200 | 188676 |
| &nbsp;&nbsp;&nbsp;2.38%, 02/15/27<sup>(d)</sup> | 200 | 182994 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/04/30<sup>(d)</sup> | 400 | 329212 |
| &nbsp;&nbsp;&nbsp;4.35%, (Call 07/02/24)<sup>(a)(d)(f)</sup> | 400 | 388032 |
| Korea Development Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.40%, 03/09/24 | 200 | 190804 |
| &nbsp;&nbsp;&nbsp;0.75%, 01/25/25<sup>(c)</sup> | 800 | 741232 |
| &nbsp;&nbsp;&nbsp;0.80%, 07/19/26 | 1000 | 878110 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 09/09/26 | $600 | $528036 |
| &nbsp;&nbsp;&nbsp;1.63%, 01/19/31 | 900 | 728928 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/12/26<sup>(c)</sup> | 200 | 182532 |
| &nbsp;&nbsp;&nbsp;2.13%, 10/01/24 | 465 | 445875 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/13/26 | 800 | 763928 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/19/24 | 600 | 591036 |
| &nbsp;&nbsp;&nbsp;3.38%, 09/16/25 | 400 | 387324 |
| Kreditanstalt fuer Wiederaufbau |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 04/18/36<sup>(e)</sup> | 1145 | 692588 |
| &nbsp;&nbsp;&nbsp;0.00%, 06/29/37<sup>(e)</sup> | 905 | 522185 |
| &nbsp;&nbsp;&nbsp;0.25%, 03/08/24 | 3025 | 2881101 |
| &nbsp;&nbsp;&nbsp;0.38%, 07/18/25 | 4250 | 3887305 |
| &nbsp;&nbsp;&nbsp;0.50%, 09/20/24 | 2293 | 2151086 |
| &nbsp;&nbsp;&nbsp;0.63%, 01/22/26 | 2580 | 2340447 |
| &nbsp;&nbsp;&nbsp;0.75%, 09/30/30 | 2170 | 1757396 |
| &nbsp;&nbsp;&nbsp;1.00%, 10/01/26 | 2015 | 1820633 |
| &nbsp;&nbsp;&nbsp;1.25%, 01/31/25 | 625 | 589100 |
| &nbsp;&nbsp;&nbsp;1.38%, 08/05/24 | 1768 | 1687750 |
| &nbsp;&nbsp;&nbsp;1.75%, 09/14/29 | 1299 | 1156552 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/02/25 | 2692 | 2565961 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/20/24 | 3319 | 3210933 |
| &nbsp;&nbsp;&nbsp;2.63%, 02/28/24 | 5923 | 5791391 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/03/28 | 2451 | 2356122 |
| &nbsp;&nbsp;&nbsp;3.13%, 06/10/25 | 2000 | 1953200 |
| &nbsp;&nbsp;&nbsp;3.38%, 08/23/24 | 560 | 550452 |
| Landeskreditbank Baden-Wuerttemberg Foerderbank |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 12/08/25<sup>(d)</sup> | 50 | 45178 |
| &nbsp;&nbsp;&nbsp;2.00%, 07/23/24<sup>(d)</sup> | 90 | 86630 |
| Landwirtschaftliche Rentenbank |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 03/30/26 | 528 | 479171 |
| &nbsp;&nbsp;&nbsp;0.88%, 09/03/30 | 1556 | 1264437 |
| &nbsp;&nbsp;&nbsp;1.75%, 07/27/26 | 414 | 384337 |
| &nbsp;&nbsp;&nbsp;1.75%, 01/14/27<sup>(d)</sup> | 380 | 350736 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/13/25 | 2955 | 2828290 |
| &nbsp;&nbsp;&nbsp;2.38%, 06/10/25 | 799 | 765770 |
| &nbsp;&nbsp;&nbsp;Series 37, 2.50%, 11/15/27 | 1323 | 1248687 |
| &nbsp;&nbsp;&nbsp;Series 40, 0.50%, 05/27/25 | 1540 | 1413936 |
| Lloyds Bank PLC, 3.50%, 05/14/25 | 160 | 155403 |
| Lloyds Banking Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;2.44%, 02/05/26 (Call 02/05/25)<sup>(a)</sup> | 1525 | 1437999 |
| &nbsp;&nbsp;&nbsp;3.37%, 12/14/46 (Call 09/14/41)<sup>(a)</sup> | 200 | 143984 |
| &nbsp;&nbsp;&nbsp;3.51%, 03/18/26 (Call 03/18/25)<sup>(a)</sup> | 1000 | 963030 |
| &nbsp;&nbsp;&nbsp;3.57%, 11/07/28 (Call 11/07/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.205%)<sup>(a)</sup> | 1369 | 1279947 |
| &nbsp;&nbsp;&nbsp;3.75%, 01/11/27 | 998 | 951343 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/18/28 (Call 03/18/27)<sup>(a)</sup> | 1080 | 1025525 |
| &nbsp;&nbsp;&nbsp;3.87%, 07/09/25 (Call 07/09/24)<sup>(a)</sup> | 956 | 937282 |
| &nbsp;&nbsp;&nbsp;3.90%, 03/12/24 | 350 | 345954 |
| &nbsp;&nbsp;&nbsp;4.34%, 01/09/48 | 1177 | 968895 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/22/28 | 1233 | 1196787 |
| &nbsp;&nbsp;&nbsp;4.45%, 05/08/25 | 1195 | 1179668 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/04/24 | 1427 | 1411674 |
| &nbsp;&nbsp;&nbsp;4.55%, 08/16/28 | 738 | 718487 |
| &nbsp;&nbsp;&nbsp;4.58%, 12/10/25 | 1235 | 1209324 |
| &nbsp;&nbsp;&nbsp;4.65%, 03/24/26 | 1435 | 1413862 |
| &nbsp;&nbsp;&nbsp;4.72%, 08/11/26 (Call 08/11/25)<sup>(a)</sup> | 550 | 542416 |
| &nbsp;&nbsp;&nbsp;4.98%, 08/11/33 (Call 08/11/32)<sup>(a)</sup> | 400 | 390816 |
| &nbsp;&nbsp;&nbsp;5.30%, 12/01/45 | 265 | 248763 |
| &nbsp;&nbsp;&nbsp;7.95%, 11/15/33 (Call 11/15/32)<sup>(a)</sup> | 805 | 919648 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| M&T Bank Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 07/15/24 (Call 04/16/24) | $255 | $251073 |
| &nbsp;&nbsp;&nbsp;4.55%, 08/16/28 (Call 08/16/27)<sup>(a)</sup> | 460 | 460543 |
| &nbsp;&nbsp;&nbsp;5.05%, 01/27/34 | 500 | 498645 |
| Macquarie Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 01/22/25<sup>(b)</sup> | 223 | 212642 |
| &nbsp;&nbsp;&nbsp;3.05%, 03/03/36 (Call 03/03/31)<sup>(a)(b)</sup> | 1427 | 1110206 |
| &nbsp;&nbsp;&nbsp;3.23%, 03/21/25<sup>(b)</sup> | 300 | 290586 |
| &nbsp;&nbsp;&nbsp;3.62%, 06/03/30<sup>(b)</sup> | 640 | 548205 |
| &nbsp;&nbsp;&nbsp;3.90%, 01/15/26<sup>(b)</sup> | 484 | 475946 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/29/25<sup>(b)</sup> | 25 | 24508 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/10/25<sup>(b)</sup> | 223 | 220146 |
| &nbsp;&nbsp;&nbsp;6.79%, 01/18/33<sup>(b)</sup> | 400 | 414892 |
| Macquarie Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;1.20%, 10/14/25 (Call 10/14/24)<sup>(a)(b)</sup> | 658 | 608834 |
| &nbsp;&nbsp;&nbsp;1.34%, 01/12/27 (Call 01/12/26)<sup>(a)(b)</sup> | 1785 | 1590774 |
| &nbsp;&nbsp;&nbsp;1.63%, 09/23/27 (Call 09/23/26)<sup>(a)(b)</sup> | 1370 | 1190078 |
| &nbsp;&nbsp;&nbsp;1.94%, 04/14/28 (Call 04/14/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.995%)<sup>(a)(b)</sup> | 585 | 505101 |
| &nbsp;&nbsp;&nbsp;2.69%, 06/23/32 (Call 06/23/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.440%)<sup>(a)(b)</sup> | 395 | 318714 |
| &nbsp;&nbsp;&nbsp;2.87%, 01/14/33 (Call 01/14/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. SOFR + 1.532%)<sup>(a)(b)</sup> | 480 | 387994 |
| &nbsp;&nbsp;&nbsp;3.76%, 11/28/28 (Call 11/28/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.372%)<sup>(a)(b)</sup> | 555 | 521112 |
| &nbsp;&nbsp;&nbsp;4.10%, 06/21/28 (Call 06/21/27)<sup>(a)(b)</sup> | 565 | 540507 |
| &nbsp;&nbsp;&nbsp;4.44%, 06/21/33 (Call 06/21/32)<sup>(a)(b)</sup> | 350 | 318658 |
| &nbsp;&nbsp;&nbsp;4.65%, 03/27/29 (Call 03/27/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.727%)<sup>(a)(b)</sup> | 898 | 868869 |
| &nbsp;&nbsp;&nbsp;5.03%, 01/15/30 (Call 01/15/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.750%)<sup>(a)(b)</sup> | 1123 | 1108131 |
| &nbsp;&nbsp;&nbsp;5.11%, 08/09/26 (Call 08/09/25)<sup>(a)(b)</sup> | 490 | 490941 |
| &nbsp;&nbsp;&nbsp;5.49%, 11/09/33 (Call 11/09/32)<sup>(a)(b)</sup> | 485 | 483569 |
| Malayan Banking Bhd, 5.44%, 08/16/24, |  |  |
| &nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.800%)<sup>(a)(d)</sup> | 400 | 400232 |
| Manufacturers & Traders Trust Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.40%, 08/17/27 | 260 | 244098 |
| &nbsp;&nbsp;&nbsp;4.65%, 01/27/26 | 500 | 499250 |
| &nbsp;&nbsp;&nbsp;4.70%, 01/27/28 | 500 | 498915 |
| &nbsp;&nbsp;&nbsp;5.40%, 11/21/25 (Call 10/21/25) | 270 | 275314 |
| MAR Sukuk Ltd., 2.21%, 09/02/25<sup>(d)</sup> | 800 | 748624 |
| Mashreqbank PSC |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 02/26/24<sup>(d)</sup> | 400 | 394288 |
| &nbsp;&nbsp;&nbsp;7.88%, 02/24/33 | 400 | 425188 |
| Metropolitan Bank & Trust Co., 2.13%, 01/15/26<sup>(d)</sup> | 400 | 366852 |
| Mitsubishi UFJ Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.95%, 07/19/25 (Call 07/19/24)<sup>(a)</sup> | 438 | 410748 |
| &nbsp;&nbsp;&nbsp;0.96%, 10/11/25 (Call 10/11/24)<sup>(a)</sup> | 270 | 250703 |
| &nbsp;&nbsp;&nbsp;1.41%, 07/17/25 | 1007 | 923409 |
| &nbsp;&nbsp;&nbsp;1.54%, 07/20/27 (Call 07/20/26)<sup>(a)</sup> | 950 | 841339 |
| &nbsp;&nbsp;&nbsp;1.64%, 10/13/27 (Call 10/13/26)<sup>(a)</sup> | 305 | 269037 |
| &nbsp;&nbsp;&nbsp;2.05%, 07/17/30 | 1036 | 851934 |
| &nbsp;&nbsp;&nbsp;2.19%, 02/25/25 | 901 | 852328 |
| &nbsp;&nbsp;&nbsp;2.31%, 07/20/32 (Call 07/20/31)<sup>(a)</sup> | 1195 | 968559 |
| &nbsp;&nbsp;&nbsp;2.34%, 01/19/28 (Call 01/19/27)<sup>(a)</sup> | 690 | 623070 |
| &nbsp;&nbsp;&nbsp;2.49%, 10/13/32 (Call 10/13/31)<sup>(a)</sup> | 200 | 163630 |
| &nbsp;&nbsp;&nbsp;2.56%, 02/25/30 | 581 | 499329 |
| &nbsp;&nbsp;&nbsp;2.76%, 09/13/26 | 562 | 522711 |
| &nbsp;&nbsp;&nbsp;2.80%, 07/18/24 | 1375 | 1333654 |
| &nbsp;&nbsp;&nbsp;2.85%, 01/19/33 (Call 01/19/32)<sup>(a)</sup> | 240 | 201235 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 07/18/29 | $1373 | $1240849 |
| &nbsp;&nbsp;&nbsp;3.29%, 07/25/27 | 465 | 438328 |
| &nbsp;&nbsp;&nbsp;3.41%, 03/07/24 | 544 | 535361 |
| &nbsp;&nbsp;&nbsp;3.68%, 02/22/27 | 340 | 329722 |
| &nbsp;&nbsp;&nbsp;3.74%, 03/07/29 | 1126 | 1068484 |
| &nbsp;&nbsp;&nbsp;3.75%, 07/18/39 | 1515 | 1339124 |
| &nbsp;&nbsp;&nbsp;3.78%, 03/02/25 | 420 | 410987 |
| &nbsp;&nbsp;&nbsp;3.84%, 04/17/26 (Call 04/17/25)<sup>(a)</sup> | 400 | 389516 |
| &nbsp;&nbsp;&nbsp;3.85%, 03/01/26 | 1729 | 1673672 |
| &nbsp;&nbsp;&nbsp;3.96%, 03/02/28 | 260 | 251454 |
| &nbsp;&nbsp;&nbsp;4.05%, 09/11/28 | 743 | 730239 |
| &nbsp;&nbsp;&nbsp;4.08%, 04/19/28 (Call 04/19/27)<sup>(a)</sup> | 405 | 389602 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/07/39 | 730 | 662395 |
| &nbsp;&nbsp;&nbsp;4.29%, 07/26/38 | 764 | 710780 |
| &nbsp;&nbsp;&nbsp;4.32%, 04/19/33 (Call 04/19/32)<sup>(a)</sup> | 475 | 446457 |
| &nbsp;&nbsp;&nbsp;4.79%, 07/18/25 (Call 07/18/24)<sup>(a)</sup> | 850 | 844687 |
| &nbsp;&nbsp;&nbsp;5.02%, 07/20/28 (Call 07/20/27)<sup>(a)</sup> | 800 | 800944 |
| &nbsp;&nbsp;&nbsp;5.06%, 09/12/25 (Call 09/12/24)<sup>(a)</sup> | 515 | 514346 |
| &nbsp;&nbsp;&nbsp;5.13%, 07/20/33 (Call 07/20/32)<sup>(a)</sup> | 1475 | 1480944 |
| &nbsp;&nbsp;&nbsp;5.35%, 09/13/28 (Call 09/13/27)<sup>(a)</sup> | 690 | 700916 |
| &nbsp;&nbsp;&nbsp;5.47%, 09/13/33 (Call 09/13/32)<sup>(a)</sup> | 485 | 497562 |
| Mizuho Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 03/26/25<sup>(b)</sup> | 75 | 72406 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/25/24<sup>(b)</sup> | 350 | 341656 |
| Mizuho Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.23%, 05/22/27 (Call 05/22/26)<sup>(a)</sup> | 1115 | 981579 |
| &nbsp;&nbsp;&nbsp;1.55%, 07/09/27 (Call 07/09/26)<sup>(a)</sup> | 830 | 735289 |
| &nbsp;&nbsp;&nbsp;1.98%, 09/08/31 (Call 09/08/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.532%)<sup>(a)</sup> | 173 | 137916 |
| &nbsp;&nbsp;&nbsp;2.17%, 05/22/32 (Call 05/22/31)<sup>(a)</sup> | 370 | 294154 |
| &nbsp;&nbsp;&nbsp;2.20%, 07/10/31 (Call 07/10/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.772%)<sup>(a)</sup> | 1060 | 861897 |
| &nbsp;&nbsp;&nbsp;2.26%, 07/09/32 (Call 07/09/31)<sup>(a)</sup> | 510 | 406761 |
| &nbsp;&nbsp;&nbsp;2.56%, 09/13/25 (Call 09/13/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.362%)<sup>(a)</sup> | 780 | 742981 |
| &nbsp;&nbsp;&nbsp;2.56%, 09/13/31 | 865 | 694560 |
| &nbsp;&nbsp;&nbsp;2.59%, 05/25/31 (Call 05/25/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.070%)<sup>(a)</sup> | 300 | 251328 |
| &nbsp;&nbsp;&nbsp;2.65%, 05/22/26 (Call 05/22/25)<sup>(a)</sup> | 450 | 421988 |
| &nbsp;&nbsp;&nbsp;2.84%, 07/16/25 (Call 07/16/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.242%)<sup>(a)</sup> | 818 | 785861 |
| &nbsp;&nbsp;&nbsp;2.84%, 09/13/26 | 333 | 308891 |
| &nbsp;&nbsp;&nbsp;2.87%, 09/13/30 (Call 09/13/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.572%)<sup>(a)</sup> | 545 | 471638 |
| &nbsp;&nbsp;&nbsp;3.15%, 07/16/30 (Call 07/16/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.130%)<sup>(a)</sup> | 659 | 582279 |
| &nbsp;&nbsp;&nbsp;3.17%, 09/11/27 | 620 | 579898 |
| &nbsp;&nbsp;&nbsp;3.26%, 05/22/30 (Call 05/22/29)<sup>(a)</sup> | 450 | 402642 |
| &nbsp;&nbsp;&nbsp;3.48%, 04/12/26<sup>(b)</sup> | 565 | 538507 |
| &nbsp;&nbsp;&nbsp;3.66%, 02/28/27 | 640 | 608864 |
| &nbsp;&nbsp;&nbsp;4.02%, 03/05/28 | 285 | 273483 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/11/29 (Call 09/11/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.270%)<sup>(a)</sup> | 615 | 588045 |
| &nbsp;&nbsp;&nbsp;4.35%, 10/20/25<sup>(b)(c)</sup> | 730 | 712611 |
| &nbsp;&nbsp;&nbsp;5.41%, 09/13/28 (Call 09/13/27)<sup>(a)</sup> | 300 | 306528 |
| &nbsp;&nbsp;&nbsp;5.67%, 09/13/33 (Call 09/13/32)<sup>(a)</sup> | 705 | 731155 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;0.79%, 05/30/25 (Call 05/30/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.525%)<sup>(a)</sup> | 1060 | 995510 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;0.99%, 12/10/26 (Call 12/10/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.720%)<sup>(a)</sup> | $2345 | $2087284 |
| &nbsp;&nbsp;&nbsp;1.16%, 10/21/25 (Call 10/21/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.560%)<sup>(a)</sup> | 2173 | 2024541 |
| &nbsp;&nbsp;&nbsp;1.51%, 07/20/27 (Call 07/20/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.858%)<sup>(a)</sup> | 1765 | 1573480 |
| &nbsp;&nbsp;&nbsp;1.59%, 05/04/27 (Call 04/04/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.879%)<sup>(a)</sup> | 2250 | 2021152 |
| &nbsp;&nbsp;&nbsp;1.79%, 02/13/32 (Call 02/13/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.034%)<sup>(a)</sup> | 1848 | 1461158 |
| &nbsp;&nbsp;&nbsp;1.93%, 04/28/32 (Call 04/28/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.020%)<sup>(a)</sup> | 3705 | 2945920 |
| &nbsp;&nbsp;&nbsp;2.19%, 04/28/26 (Call 04/28/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.990%)<sup>(a)</sup> | 2580 | 2423858 |
| &nbsp;&nbsp;&nbsp;2.24%, 07/21/32 (Call 07/21/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.178%)<sup>(a)</sup> | 720 | 584417 |
| &nbsp;&nbsp;&nbsp;2.48%, 01/21/28 (Call 01/21/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.000%)<sup>(a)</sup> | 1460 | 1331476 |
| &nbsp;&nbsp;&nbsp;2.48%, 09/16/36 (Call 09/16/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.360%)<sup>(a)</sup> | 2223 | 1720469 |
| &nbsp;&nbsp;&nbsp;2.51%, 10/20/32 (Call 10/20/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.200%)<sup>(a)</sup> | 1538 | 1270788 |
| &nbsp;&nbsp;&nbsp;2.63%, 02/18/26 (Call 02/18/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.940%)<sup>(a)</sup> | 2215 | 2103896 |
| &nbsp;&nbsp;&nbsp;2.70%, 01/22/31 (Call 01/22/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.143%)<sup>(a)</sup> | 1906 | 1652635 |
| &nbsp;&nbsp;&nbsp;2.72%, 07/22/25 (Call 07/22/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.152%)<sup>(a)</sup> | 699 | 675311 |
| &nbsp;&nbsp;&nbsp;2.80%, 01/25/52 (Call 07/25/51), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.430%)<sup>(a)</sup> | 1839 | 1265195 |
| &nbsp;&nbsp;&nbsp;2.94%, 01/21/33 (Call 01/21/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.290%)<sup>(a)</sup> | 1703 | 1451859 |
| &nbsp;&nbsp;&nbsp;3.13%, 07/27/26 | 1676 | 1589032 |
| &nbsp;&nbsp;&nbsp;3.22%, 04/22/42 (Call 04/22/41), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.485%)<sup>(a)</sup> | 1455 | 1163927 |
| &nbsp;&nbsp;&nbsp;3.59%, 07/22/28 (Call 07/22/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.340%)<sup>(a)</sup> | 1941 | 1837972 |
| &nbsp;&nbsp;&nbsp;3.62%, 04/17/25 (Call 04/17/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.160%)<sup>(a)</sup> | 839 | 823789 |
| &nbsp;&nbsp;&nbsp;3.62%, 04/01/31 (Call 04/01/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 3.120%)<sup>(a)</sup> | 2139 | 1966062 |
| &nbsp;&nbsp;&nbsp;3.63%, 01/20/27 | 1797 | 1741185 |
| &nbsp;&nbsp;&nbsp;3.70%, 10/23/24 | 3478 | 3419013 |
| &nbsp;&nbsp;&nbsp;3.77%, 01/24/29 (Call 01/24/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.140%)<sup>(a)</sup> | 1955 | 1858540 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/27/26 | 2036 | 1989091 |
| &nbsp;&nbsp;&nbsp;3.95%, 04/23/27 | 1077 | 1040824 |
| &nbsp;&nbsp;&nbsp;3.97%, 07/22/38 (Call 07/22/37), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.455%)<sup>(a)</sup> | 1689 | 1516975 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/23/25 | 1769 | 1741351 |
| &nbsp;&nbsp;&nbsp;4.21%, 04/20/28 (Call 04/20/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.610%)<sup>(a)</sup> | 945 | 918521 |
| &nbsp;&nbsp;&nbsp;4.30%, 01/27/45 | 1660 | 1526237 |
| &nbsp;&nbsp;&nbsp;4.35%, 09/08/26 | 2152 | 2114340 |
| &nbsp;&nbsp;&nbsp;4.38%, 01/22/47 | 1924 | 1802576 |
| &nbsp;&nbsp;&nbsp;4.43%, 01/23/30 (Call 01/23/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.628%)<sup>(a)</sup> | 1316 | 1281218 |
| &nbsp;&nbsp;&nbsp;4.46%, 04/22/39 (Call 04/22/38), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.408%)<sup>(a)</sup> | 560 | 529575 |
| &nbsp;&nbsp;&nbsp;4.68%, 07/17/26 (Call 07/17/25)<sup>(a)</sup> | 770 | 763748 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.89%, 07/20/33 (Call 07/20/32)<sup>(a)</sup> | $1055 | $1045452 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/24/25 | 873 | 877025 |
| &nbsp;&nbsp;&nbsp;5.12%, 02/01/29 (Call 02/01/28)<sup>(a)</sup> | 740 | 748007 |
| &nbsp;&nbsp;&nbsp;5.30%, 04/20/37 (Call 04/20/32)<sup>(a)</sup> | 1145 | 1109711 |
| &nbsp;&nbsp;&nbsp;5.60%, 03/24/51 (Call 03/24/50), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 4.480%)<sup>(a)</sup> | 1780 | 1944953 |
| &nbsp;&nbsp;&nbsp;6.14%, 10/16/26 (Call 10/16/25)<sup>(a)</sup> | 200 | 205954 |
| &nbsp;&nbsp;&nbsp;6.25%, 08/09/26 | 1040 | 1092926 |
| &nbsp;&nbsp;&nbsp;6.30%, 10/18/28 (Call 10/18/27)<sup>(a)</sup> | 500 | 528485 |
| &nbsp;&nbsp;&nbsp;6.34%, 10/18/33 (Call 10/18/32)<sup>(a)</sup> | 2335 | 2567052 |
| &nbsp;&nbsp;&nbsp;6.38%, 07/24/42 | 1427 | 1665908 |
| &nbsp;&nbsp;&nbsp;7.25%, 04/01/32 | 1358 | 1593871 |
| &nbsp;&nbsp;&nbsp;Series F, 3.88%, 04/29/24 | 1630 | 1612070 |
| &nbsp;&nbsp;&nbsp;Series I, 0.86%, 10/21/25 (Call 10/21/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.745%)<sup>(a)</sup> | 735 | 681977 |
| Nanyang Commercial Bank Ltd., 3.80%, 11/20/29 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 11/20/24)<sup>(a)(d)</sup> | 500 | 480895 |
| National Australia Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;1.39%, 01/12/25<sup>(b)</sup> | 1300 | 1222598 |
| &nbsp;&nbsp;&nbsp;1.89%, 01/12/27<sup>(b)</sup> | 745 | 674456 |
| &nbsp;&nbsp;&nbsp;2.33%, 08/21/30<sup>(b)</sup> | 2200 | 1750078 |
| &nbsp;&nbsp;&nbsp;2.65%, 01/14/41<sup>(b)</sup> | 210 | 139856 |
| &nbsp;&nbsp;&nbsp;2.99%, 05/21/31<sup>(b)</sup> | 260 | 214253 |
| &nbsp;&nbsp;&nbsp;3.35%, 01/12/37 (Call 01/12/32)<sup>(a)(b)(c)</sup> | 560 | 452922 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/10/27<sup>(b)</sup> | 513 | 493696 |
| &nbsp;&nbsp;&nbsp;3.93%, 08/02/34 (Call 08/02/29)<sup>(a)(b)</sup> | 2363 | 2095154 |
| &nbsp;&nbsp;&nbsp;4.94%, 01/12/28 | 530 | 542073 |
| &nbsp;&nbsp;&nbsp;4.97%, 01/12/26 | 530 | 536392 |
| &nbsp;&nbsp;&nbsp;5.13%, 11/22/24 | 250 | 252483 |
| &nbsp;&nbsp;&nbsp;6.43%, 01/12/33 | 460 | 478556 |
| National Australia Bank Ltd./New York |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 07/12/26 | 1195 | 1114815 |
| &nbsp;&nbsp;&nbsp;3.38%, 01/14/26 | 570 | 551920 |
| National Bank of Canada |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 08/06/24 | 508 | 478028 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/09/25 (Call 06/09/24)<sup>(a)</sup> | 270 | 265229 |
| National Securities Clearing Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 12/07/25 (Call 11/07/25)<sup>(b)</sup> | 45 | 40521 |
| &nbsp;&nbsp;&nbsp;1.50%, 04/23/25 (Call 03/23/25)<sup>(b)</sup> | 910 | 850167 |
| &nbsp;&nbsp;&nbsp;5.05%, 11/21/24<sup>(b)</sup> | 1775 | 1784106 |
| &nbsp;&nbsp;&nbsp;5.10%, 11/21/27 (Call 10/21/27)<sup>(b)</sup> | 1300 | 1329458 |
| NatWest Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;1.64%, 06/14/27 (Call 06/14/26)<sup>(a)</sup> | 900 | 801693 |
| &nbsp;&nbsp;&nbsp;3.03%, 11/28/35 (Call 08/28/30)<sup>(a)</sup> | 825 | 654200 |
| &nbsp;&nbsp;&nbsp;3.07%, 05/22/28 (Call 05/22/27)<sup>(a)</sup> | 674 | 622897 |
| &nbsp;&nbsp;&nbsp;3.75%, 11/01/29 (Call 11/01/24)<sup>(a)</sup> | 1280 | 1202867 |
| &nbsp;&nbsp;&nbsp;4.27%, 03/22/25 (Call 03/22/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.762%)<sup>(a)</sup> | 1178 | 1162026 |
| &nbsp;&nbsp;&nbsp;4.45%, 05/08/30 (Call 05/08/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.871%)<sup>(a)</sup> | 1575 | 1496959 |
| &nbsp;&nbsp;&nbsp;4.80%, 04/05/26 | 2056 | 2050058 |
| &nbsp;&nbsp;&nbsp;4.89%, 05/18/29 (Call 05/18/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.754%)<sup>(a)</sup> | 910 | 897415 |
| &nbsp;&nbsp;&nbsp;5.08%, 01/27/30 (Call 01/27/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.905%)<sup>(a)</sup> | 649 | 639680 |
| &nbsp;&nbsp;&nbsp;5.13%, 05/28/24 | 100 | 100184 |
| &nbsp;&nbsp;&nbsp;5.52%, 09/30/28 (Call 09/30/27)<sup>(a)</sup> | 400 | 407612 |
| &nbsp;&nbsp;&nbsp;7.47%, 11/10/26 (Call 11/10/25)<sup>(a)</sup> | 800 | 846296 |
| NatWest Markets PLC |  |  |
| &nbsp;&nbsp;&nbsp;0.80%, 08/12/24<sup>(b)</sup> | 998 | 934397 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;1.60%, 09/29/26<sup>(b)</sup> | $560 | $495790 |
| NBK SPC Ltd., 1.63%, 09/15/27 (Call 09/15/26), |  |  |
| &nbsp;&nbsp;&nbsp;(1 day SOFR + 1.050%)<sup>(a)(d)</sup> | 600 | 538380 |
| NBK Tier 1 Financing 2 Ltd., 4.50%, |  |  |
| &nbsp;&nbsp;&nbsp;(Call 08/27/25)<sup>(a)(d)(f)</sup> | 600 | 565116 |
| NBK Tier 1 Financing Ltd., 3.63%, |  |  |
| &nbsp;&nbsp;&nbsp;(Call 08/24/26)<sup>(a)(d)(f)</sup> | 200 | 177706 |
| NBK Tier 2 Ltd., 2.50%, 11/24/30 (Call 11/24/25)<sup>(a)(d)</sup> | 200 | 179628 |
| NCB Tier 1 Sukuk Ltd., 3.50%, (Call 07/26/26)<sup>(a)(d)(f)</sup> | 800 | 743960 |
| Nederlandse Waterschapsbank NV |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 01/15/25<sup>(b)</sup> | 1366 | 1299189 |
| &nbsp;&nbsp;&nbsp;2.38%, 03/24/26<sup>(b)</sup> | 930 | 882189 |
| NongHyup Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 07/28/24<sup>(d)</sup> | 200 | 188188 |
| &nbsp;&nbsp;&nbsp;1.25%, 07/20/25<sup>(d)</sup> | 600 | 546768 |
| &nbsp;&nbsp;&nbsp;1.25%, 07/28/26<sup>(d)</sup> | 400 | 352632 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/06/26<sup>(d)</sup> | 200 | 194816 |
| &nbsp;&nbsp;&nbsp;4.25%, 07/06/27<sup>(d)</sup> | 200 | 195292 |
| Nordea Bank Abp |  |  |
| &nbsp;&nbsp;&nbsp;0.63%, 05/24/24<sup>(b)</sup> | 335 | 316605 |
| &nbsp;&nbsp;&nbsp;0.75%, 08/28/25<sup>(b)</sup> | 1054 | 952953 |
| &nbsp;&nbsp;&nbsp;1.50%, 09/30/26<sup>(b)</sup> | 435 | 384283 |
| &nbsp;&nbsp;&nbsp;3.60%, 06/06/25<sup>(b)</sup> | 1340 | 1303552 |
| &nbsp;&nbsp;&nbsp;4.63%, 09/13/33 (Call 09/13/28)<sup>(a)(b)</sup> | 1233 | 1164051 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/22/25<sup>(b)</sup> | 1895 | 1894659 |
| &nbsp;&nbsp;&nbsp;5.38%, 09/22/27<sup>(b)</sup> | 1615 | 1649690 |
| Norinchukin Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.28%, 09/22/26<sup>(b)</sup> | 1195 | 1059224 |
| &nbsp;&nbsp;&nbsp;2.08%, 09/22/31<sup>(b)</sup> | 1000 | 818670 |
| &nbsp;&nbsp;&nbsp;4.87%, 09/14/27<sup>(b)</sup> | 995 | 1005079 |
| &nbsp;&nbsp;&nbsp;5.07%, 09/14/32<sup>(b)</sup> | 865 | 893744 |
| Northern Trust Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 05/01/30 (Call 02/01/30) | 770 | 653437 |
| &nbsp;&nbsp;&nbsp;3.15%, 05/03/29 (Call 02/03/29) | 764 | 713996 |
| &nbsp;&nbsp;&nbsp;3.38%, 05/08/32 (Call 05/08/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.131%)<sup>(a)</sup> | 1109 | 1029329 |
| &nbsp;&nbsp;&nbsp;3.65%, 08/03/28 (Call 05/03/28) | 816 | 792483 |
| &nbsp;&nbsp;&nbsp;3.95%, 10/30/25 | 800 | 786440 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/10/27 (Call 04/10/27) | 675 | 668162 |
| &nbsp;&nbsp;&nbsp;6.13%, 11/02/32 (Call 08/02/32) | 640 | 703283 |
| NRW Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 02/10/25<sup>(d)</sup> | 1600 | 1478736 |
| &nbsp;&nbsp;&nbsp;0.63%, 05/19/25<sup>(d)</sup> | 315 | 289888 |
| &nbsp;&nbsp;&nbsp;0.75%, 10/25/24<sup>(d)</sup> | 545 | 511199 |
| &nbsp;&nbsp;&nbsp;0.88%, 03/09/26<sup>(d)</sup> | 945 | 856170 |
| &nbsp;&nbsp;&nbsp;1.88%, 07/31/24<sup>(d)</sup> | 2435 | 2340522 |
| Oesterreichische Kontrollbank AG |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 09/17/25 | 500 | 454185 |
| &nbsp;&nbsp;&nbsp;0.50%, 09/16/24 | 285 | 267319 |
| &nbsp;&nbsp;&nbsp;0.50%, 02/02/26 | 555 | 499334 |
| &nbsp;&nbsp;&nbsp;1.50%, 02/12/25 | 1434 | 1355689 |
| Oversea-Chinese Banking Corp. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;1.83%, 09/10/30 (Call 09/10/25)<sup>(a)(b)</sup> | 2935 | 2678628 |
| &nbsp;&nbsp;&nbsp;4.25%, 06/19/24<sup>(b)</sup> | 608 | 602181 |
| &nbsp;&nbsp;&nbsp;4.60%, 06/15/32 (Call 06/15/27)<sup>(a)(d)</sup> | 400 | 392496 |
| Philippine National Bank, 3.28%, 09/27/24<sup>(d)</sup> | 600 | 576096 |
| PNC Bank NA |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 10/22/29 | 703 | 616510 |
| &nbsp;&nbsp;&nbsp;2.95%, 02/23/25 (Call 01/23/25) | 630 | 610684 |
| &nbsp;&nbsp;&nbsp;3.10%, 10/25/27 (Call 09/25/27) | 685 | 654148 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/01/25 (Call 05/02/25) | 405 | 393899 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 01/22/28 (Call 12/23/27) | $536 | $512282 |
| &nbsp;&nbsp;&nbsp;3.30%, 10/30/24 (Call 09/30/24) | 375 | 367211 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/10/25 (Call 03/10/25) | 96 | 94184 |
| &nbsp;&nbsp;&nbsp;4.05%, 07/26/28 | 615 | 594434 |
| &nbsp;&nbsp;&nbsp;4.20%, 11/01/25 (Call 10/01/25) | 355 | 351020 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/27/24 (Call 07/27/24) | 916 | 886661 |
| PNC Financial Services Group Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.15%, 08/13/26 (Call 07/13/26) | 880 | 784397 |
| &nbsp;&nbsp;&nbsp;2.20%, 11/01/24 (Call 10/02/24) | 595 | 572658 |
| &nbsp;&nbsp;&nbsp;2.31%, 04/23/32 (Call 04/23/31), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.979%)<sup>(a)</sup> | 765 | 643901 |
| &nbsp;&nbsp;&nbsp;2.55%, 01/22/30 (Call 10/24/29) | 1463 | 1287469 |
| &nbsp;&nbsp;&nbsp;2.60%, 07/23/26 (Call 05/24/26) | 960 | 902496 |
| &nbsp;&nbsp;&nbsp;3.15%, 05/19/27 (Call 04/19/27) | 1009 | 962182 |
| &nbsp;&nbsp;&nbsp;3.45%, 04/23/29 (Call 01/23/29) | 1040 | 985161 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/29/24 (Call 03/29/24) | 518 | 513110 |
| &nbsp;&nbsp;&nbsp;4.63%, 06/06/33 (Call 06/06/32)<sup>(a)</sup> | 100 | 96369 |
| &nbsp;&nbsp;&nbsp;4.76%, 01/26/27 (Call 01/26/26)<sup>(a)</sup> | 1695 | 1697220 |
| &nbsp;&nbsp;&nbsp;5.07%, 01/24/34 (Call 01/24/33)<sup>(a)</sup> | 3160 | 3186133 |
| &nbsp;&nbsp;&nbsp;5.35%, 12/02/28 (Call 12/02/27)<sup>(a)</sup> | 675 | 693583 |
| &nbsp;&nbsp;&nbsp;6.04%, 10/28/33 (Call 10/28/32)<sup>(a)</sup> | 630 | 680860 |
| QIB Sukuk Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 10/27/25<sup>(d)</sup> | 1000 | 923770 |
| &nbsp;&nbsp;&nbsp;3.98%, 03/26/24<sup>(d)</sup> | 600 | 593088 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/07/25, (3 mo. LIBOR US + 1.350%)<sup>(a)(d)</sup> | 400 | 400760 |
| QIIB Senior Sukuk Ltd., 4.26%, 03/05/24<sup>(d)</sup> | 400 | 395640 |
| QNB Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;1.13%, 06/17/24<sup>(d)</sup> | 600 | 566928 |
| &nbsp;&nbsp;&nbsp;1.38%, 01/26/26<sup>(d)</sup> | 800 | 723616 |
| &nbsp;&nbsp;&nbsp;1.63%, 09/22/25<sup>(d)</sup> | 600 | 552714 |
| &nbsp;&nbsp;&nbsp;2.63%, 05/12/25<sup>(d)</sup> | 1200 | 1140324 |
| &nbsp;&nbsp;&nbsp;2.75%, 02/12/27<sup>(d)</sup> | 400 | 373752 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/28/24<sup>(d)</sup> | 600 | 589434 |
| QNB Finansbank AS, 6.88%, 09/07/24<sup>(d)</sup> | 400 | 405296 |
| Rakfunding Cayman Ltd., 4.13%, 04/09/24<sup>(d)</sup> | 200 | 197178 |
| RBH Bank, 1.66%, 06/29/26<sup>(d)</sup> | 600 | 539136 |
| Regions Bank/Birmingham AL, 6.45%, 06/26/37 | 390 | 421067 |
| Regions Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 08/12/28 (Call 06/12/28) | 1310 | 1140617 |
| &nbsp;&nbsp;&nbsp;2.25%, 05/18/25 (Call 04/18/25) | 795 | 751108 |
| &nbsp;&nbsp;&nbsp;7.38%, 12/10/37 | 410 | 479134 |
| Riyad Sukuk Ltd., 3.17%, 02/25/30 (Call 02/25/25)<sup>(a)(d)</sup> | 1000 | 958820 |
| Riyad Tier 1 Sukuk Ltd., 4.00%, (Call 02/16/27)<sup>(a)(d)(f)</sup> | 600 | 553692 |
| Rizal Commercial Banking Corp., 3.00%, 09/11/24<sup>(d)</sup> | 200 | 191150 |
| Royal Bank of Canada |  |  |
| &nbsp;&nbsp;&nbsp;0.65%, 07/29/24 | 1215 | 1143230 |
| &nbsp;&nbsp;&nbsp;0.75%, 10/07/24 | 1010 | 946653 |
| &nbsp;&nbsp;&nbsp;0.88%, 01/20/26 | 915 | 822969 |
| &nbsp;&nbsp;&nbsp;1.15%, 06/10/25 | 1104 | 1018606 |
| &nbsp;&nbsp;&nbsp;1.15%, 07/14/26 | 383 | 342789 |
| &nbsp;&nbsp;&nbsp;1.20%, 04/27/26 | 1470 | 1325381 |
| &nbsp;&nbsp;&nbsp;1.40%, 11/02/26 | 515 | 458391 |
| &nbsp;&nbsp;&nbsp;1.60%, 01/21/25 | 540 | 509404 |
| &nbsp;&nbsp;&nbsp;2.05%, 01/21/27 | 215 | 196482 |
| &nbsp;&nbsp;&nbsp;2.25%, 11/01/24 | 1725 | 1655603 |
| &nbsp;&nbsp;&nbsp;2.30%, 11/03/31 | 668 | 554266 |
| &nbsp;&nbsp;&nbsp;2.55%, 07/16/24 | 1145 | 1109299 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/14/25 | 420 | 409513 |
| &nbsp;&nbsp;&nbsp;3.63%, 05/04/27 | 1000 | 966540 |
| &nbsp;&nbsp;&nbsp;3.88%, 05/04/32 | 268 | 252008 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.97%, 07/26/24 | $515 | $509340 |
| &nbsp;&nbsp;&nbsp;4.24%, 08/03/27 | 635 | 625970 |
| &nbsp;&nbsp;&nbsp;4.65%, 01/27/26 | 903 | 897302 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/12/26 | 850 | 854777 |
| &nbsp;&nbsp;&nbsp;4.90%, 01/12/28 | 850 | 857505 |
| &nbsp;&nbsp;&nbsp;5.00%, 02/01/33 | 850 | 862818 |
| &nbsp;&nbsp;&nbsp;5.66%, 10/25/24 | 370 | 376209 |
| &nbsp;&nbsp;&nbsp;6.00%, 11/01/27 | 470 | 496099 |
| Samba Funding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 10/02/24<sup>(d)</sup> | 400 | 384424 |
| &nbsp;&nbsp;&nbsp;2.90%, 01/29/27<sup>(d)</sup> | 600 | 564222 |
| Santander Holdings USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.49%, 01/06/28 (Call 01/06/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.249%)<sup>(a)</sup> | 585 | 515373 |
| &nbsp;&nbsp;&nbsp;3.24%, 10/05/26 (Call 08/05/26) | 906 | 852084 |
| &nbsp;&nbsp;&nbsp;3.45%, 06/02/25 (Call 05/02/25) | 1075 | 1029721 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/07/24 (Call 05/07/24) | 670 | 654242 |
| &nbsp;&nbsp;&nbsp;4.26%, 06/09/25 (Call 06/09/24)<sup>(a)</sup> | 10 | 9785 |
| &nbsp;&nbsp;&nbsp;4.40%, 07/13/27 (Call 04/14/27) | 1393 | 1355069 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/17/25 (Call 04/17/25) | 839 | 828127 |
| &nbsp;&nbsp;&nbsp;5.81%, 09/09/26 (Call 09/09/25)<sup>(a)</sup> | 525 | 529006 |
| Santander UK Group Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;1.09%, 03/15/25 (Call 03/15/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.787%)<sup>(a)</sup> | 325 | 308012 |
| &nbsp;&nbsp;&nbsp;1.53%, 08/21/26 (Call 08/21/25)<sup>(a)</sup> | 1597 | 1434681 |
| &nbsp;&nbsp;&nbsp;1.67%, 06/14/27 (Call 06/14/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.989%)<sup>(a)</sup> | 1432 | 1259201 |
| &nbsp;&nbsp;&nbsp;2.47%, 01/11/28 (Call 01/11/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.220%)<sup>(a)</sup> | 595 | 528943 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/15/25<sup>(b)</sup> | 560 | 546118 |
| &nbsp;&nbsp;&nbsp;5.63%, 09/15/45<sup>(b)</sup> | 354 | 306688 |
| &nbsp;&nbsp;&nbsp;6.53%, 01/10/29 | 600 | 626160 |
| &nbsp;&nbsp;&nbsp;6.83%, 11/21/26 (Call 11/21/25)<sup>(a)</sup> | 75 | 77591 |
| Santander UK PLC, 4.00%, 03/13/24 | 1095 | 1083732 |
| Shanghai Pudong Development Bank Co. Ltd., 3.25%, 07/14/25 | 400 | 387584 |
| Shanghai Pudong Development Bank Co. Ltd./Hong Kong, 0.88%, 07/13/24<sup>(d)</sup> | 200 | 189550 |
| Shinhan Bank Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 10/21/26<sup>(d)</sup> | 600 | 528210 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/24/26<sup>(d)</sup> | 1000 | 947360 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/23/29<sup>(d)</sup> | 200 | 182490 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/26/28<sup>(d)</sup> | 600 | 567276 |
| &nbsp;&nbsp;&nbsp;6.50%, 04/24/25, (3 mo. LIBOR US + 1.700%)<sup>(a)(d)</sup> | 200 | 203686 |
| Shinhan Financial Group Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 01/10/26<sup>(d)</sup> | 400 | 359916 |
| &nbsp;&nbsp;&nbsp;2.88%, (Call 05/12/26)<sup>(a)(d)(f)</sup> | 400 | 360264 |
| &nbsp;&nbsp;&nbsp;3.34%, 02/05/30 (Call 02/05/25)<sup>(a)(d)</sup> | 200 | 189442 |
| Siam Commercial Bank PCL/Cayman Islands |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 02/11/24<sup>(d)</sup> | 200 | 197962 |
| &nbsp;&nbsp;&nbsp;4.40%, 02/11/29<sup>(d)</sup> | 400 | 389196 |
| SIB Sukuk Co. III Ltd., 2.85%, 06/23/25<sup>(d)</sup> | 600 | 570102 |
| Signature Bank/New York NY, 4.00%, 10/15/30 (Call 10/15/25)<sup>(a)</sup> | 200 | 182906 |
| Skandinaviska Enskilda Banken AB |  |  |
| &nbsp;&nbsp;&nbsp;1.20%, 09/09/26<sup>(b)</sup> | 980 | 864713 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/09/25<sup>(b)</sup> | 1200 | 1169292 |
| SNB Sukuk Ltd., 2.34%, 01/19/27<sup>(d)</sup> | 400 | 370636 |
| Societe Generale SA |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 07/08/25<sup>(b)</sup> | 200 | 183994 |
| &nbsp;&nbsp;&nbsp;1.49%, 12/14/26 (Call 12/14/25)<sup>(a)(b)</sup> | 1510 | 1346482 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;1.79%, 06/09/27 (Call 06/09/26)<sup>(a)(b)</sup> | $765 | $679527 |
| &nbsp;&nbsp;&nbsp;2.23%, 01/21/26 (Call 01/21/25)<sup>(a)(b)</sup> | 205 | 191929 |
| &nbsp;&nbsp;&nbsp;2.63%, 10/16/24<sup>(b)</sup> | 1955 | 1864210 |
| &nbsp;&nbsp;&nbsp;2.63%, 01/22/25<sup>(b)</sup> | 2720 | 2581498 |
| &nbsp;&nbsp;&nbsp;2.80%, 01/19/28 (Call 01/19/27)<sup>(a)(b)</sup> | 785 | 707403 |
| &nbsp;&nbsp;&nbsp;2.89%, 06/09/32 (Call 06/09/31)<sup>(a)(b)</sup> | 760 | 619164 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/22/30<sup>(b)</sup> | 625 | 531750 |
| &nbsp;&nbsp;&nbsp;3.34%, 01/21/33 (Call 01/21/32)<sup>(a)(b)</sup> | 245 | 204649 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/01/41<sup>(b)</sup> | 60 | 42438 |
| &nbsp;&nbsp;&nbsp;3.65%, 07/08/35 (Call 07/08/30)<sup>(a)(b)</sup> | 375 | 312525 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/28/24<sup>(b)</sup> | 1310 | 1285896 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/12/27<sup>(b)</sup> | 660 | 630808 |
| &nbsp;&nbsp;&nbsp;4.03%, 01/21/43 (Call 01/21/42)<sup>(a)(b)</sup> | 465 | 343705 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/14/25<sup>(b)</sup> | 1430 | 1385598 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/19/26<sup>(b)</sup> | 645 | 616459 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/24/25<sup>(b)</sup> | 780 | 760750 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/14/28<sup>(b)</sup> | 664 | 649604 |
| &nbsp;&nbsp;&nbsp;5.63%, 11/24/45<sup>(b)(c)</sup> | 835 | 746690 |
| &nbsp;&nbsp;&nbsp;6.22%, 06/15/33 (Call 06/15/32)<sup>(a)(b)</sup> | 850 | 844237 |
| Standard Chartered PLC |  |  |
| &nbsp;&nbsp;&nbsp;1.21%, 03/23/25 (Call 03/23/24)<sup>(a)(b)</sup> | 555 | 525896 |
| &nbsp;&nbsp;&nbsp;1.46%, 01/14/27 (Call 01/14/26)<sup>(a)(b)</sup> | 895 | 797875 |
| &nbsp;&nbsp;&nbsp;1.82%, 11/23/25 (Call 11/23/24)<sup>(a)(b)</sup> | 875 | 812455 |
| &nbsp;&nbsp;&nbsp;2.61%, 01/12/28 (Call 01/12/27)<sup>(a)(b)</sup> | 655 | 590797 |
| &nbsp;&nbsp;&nbsp;2.68%, 06/29/32 (Call 06/29/31)<sup>(a)(b)</sup> | 360 | 295488 |
| &nbsp;&nbsp;&nbsp;2.82%, 01/30/26 (Call 01/30/25)<sup>(a)(b)</sup> | 2015 | 1906553 |
| &nbsp;&nbsp;&nbsp;3.20%, 04/17/25<sup>(b)(c)</sup> | 617 | 595899 |
| &nbsp;&nbsp;&nbsp;3.27%, 02/18/36 (Call 11/18/30)<sup>(a)(b)</sup> | 1575 | 1281262 |
| &nbsp;&nbsp;&nbsp;3.52%, 02/12/30 (Call 02/12/25)<sup>(a)(d)</sup> | 1550 | 1456364 |
| &nbsp;&nbsp;&nbsp;3.60%, 01/12/33 (Call 01/12/32)<sup>(a)(b)</sup> | 525 | 435540 |
| &nbsp;&nbsp;&nbsp;3.79%, 05/21/25 (Call 05/21/24)<sup>(a)(b)</sup> | 1340 | 1317609 |
| &nbsp;&nbsp;&nbsp;3.97%, 03/30/26 (Call 03/30/25)<sup>(a)(b)</sup> | 1360 | 1314794 |
| &nbsp;&nbsp;&nbsp;4.05%, 04/12/26<sup>(b)</sup> | 840 | 818454 |
| &nbsp;&nbsp;&nbsp;4.30%, 02/19/27<sup>(b)(c)</sup> | 824 | 815093 |
| &nbsp;&nbsp;&nbsp;4.31%, 05/21/30 (Call 05/21/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.910%)<sup>(a)(b)(c)</sup> | 600 | 562836 |
| &nbsp;&nbsp;&nbsp;4.64%, 04/01/31 (Call 04/01/30)<sup>(a)(b)</sup> | 740 | 710274 |
| &nbsp;&nbsp;&nbsp;4.87%, 03/15/33 (Call 03/15/28)<sup>(a)(b)</sup> | 903 | 830733 |
| &nbsp;&nbsp;&nbsp;5.30%, 01/09/43<sup>(b)</sup> | 675 | 622769 |
| &nbsp;&nbsp;&nbsp;5.70%, 03/26/44<sup>(b)</sup> | 1225 | 1203342 |
| &nbsp;&nbsp;&nbsp;6.17%, 01/09/27 (Call 01/09/26)<sup>(a)(b)</sup> | 500 | 511965 |
| &nbsp;&nbsp;&nbsp;6.30%, 01/09/29 (Call 01/09/28)<sup>(a)(b)</sup> | 500 | 520665 |
| &nbsp;&nbsp;&nbsp;7.77%, 11/16/28 (Call 11/16/27)<sup>(a)(b)</sup> | 500 | 552720 |
| &nbsp;&nbsp;&nbsp;7.78%, 11/16/25 (Call 11/16/24)<sup>(a)(b)(c)</sup> | 750 | 781972 |
| State Bank of India/London |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 07/13/26<sup>(d)</sup> | 600 | 536448 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/17/24<sup>(d)</sup> | 200 | 199172 |
| State Street Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.68%, 11/18/27 (Call 11/18/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.560%)<sup>(a)</sup> | 825 | 744868 |
| &nbsp;&nbsp;&nbsp;1.75%, 02/06/26 (Call 02/06/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.441%)<sup>(a)(c)</sup> | 15 | 14076 |
| &nbsp;&nbsp;&nbsp;2.20%, 02/07/28 (Call 02/07/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.730%)<sup>(a)</sup> | 270 | 247976 |
| &nbsp;&nbsp;&nbsp;2.20%, 03/03/31 | 140 | 116668 |
| &nbsp;&nbsp;&nbsp;2.35%, 11/01/25 (Call 11/01/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.940%)<sup>(a)</sup> | 334 | 320887 |
| &nbsp;&nbsp;&nbsp;2.40%, 01/24/30 | 703 | 619006 |
| &nbsp;&nbsp;&nbsp;2.62%, 02/07/33 (Call 02/07/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.002%)<sup>(a)</sup> | 765 | 650587 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 05/19/26 | $982 | $934108 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/30/26 (Call 10/30/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.600%)<sup>(a)</sup> | 650 | 626054 |
| &nbsp;&nbsp;&nbsp;3.03%, 11/01/34 (Call 11/01/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.490%)<sup>(a)</sup> | 773 | 678307 |
| &nbsp;&nbsp;&nbsp;3.15%, 03/30/31 (Call 03/30/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.650%)<sup>(a)</sup> | 538 | 485432 |
| &nbsp;&nbsp;&nbsp;3.30%, 12/16/24 | 1090 | 1068996 |
| &nbsp;&nbsp;&nbsp;3.55%, 08/18/25 | 918 | 899915 |
| &nbsp;&nbsp;&nbsp;4.14%, 12/03/29 (Call 12/03/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.030%)<sup>(a)</sup> | 500 | 486535 |
| &nbsp;&nbsp;&nbsp;4.16%, 08/04/33 (Call 08/04/32)<sup>(a)</sup> | 350 | 334418 |
| &nbsp;&nbsp;&nbsp;4.42%, 05/13/33 (Call 05/13/32)<sup>(a)</sup> | 100 | 98012 |
| &nbsp;&nbsp;&nbsp;4.82%, 01/26/34 | 265 | 266410 |
| &nbsp;&nbsp;&nbsp;5.75%, 11/04/26 (Call 11/04/25)<sup>(a)</sup> | 325 | 333915 |
| &nbsp;&nbsp;&nbsp;5.82%, 11/04/28 (Call 11/04/27)<sup>(a)</sup> | 175 | 183850 |
| Sumitomo Mitsui Banking Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.40%, 07/11/24 | 174 | 170256 |
| &nbsp;&nbsp;&nbsp;3.65%, 07/23/25<sup>(c)</sup> | 255 | 247536 |
| Sumitomo Mitsui Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.95%, 01/12/26 | 265 | 236685 |
| &nbsp;&nbsp;&nbsp;1.40%, 09/17/26 | 1125 | 994320 |
| &nbsp;&nbsp;&nbsp;1.47%, 07/08/25 | 740 | 679512 |
| &nbsp;&nbsp;&nbsp;1.71%, 01/12/31 | 625 | 491575 |
| &nbsp;&nbsp;&nbsp;1.90%, 09/17/28 | 720 | 616522 |
| &nbsp;&nbsp;&nbsp;2.13%, 07/08/30 | 1072 | 885890 |
| &nbsp;&nbsp;&nbsp;2.14%, 09/23/30 | 1042 | 840456 |
| &nbsp;&nbsp;&nbsp;2.22%, 09/17/31 | 220 | 179245 |
| &nbsp;&nbsp;&nbsp;2.30%, 01/12/41 | 485 | 326507 |
| &nbsp;&nbsp;&nbsp;2.35%, 01/15/25 | 710 | 676616 |
| &nbsp;&nbsp;&nbsp;2.45%, 09/27/24 | 1463 | 1406631 |
| &nbsp;&nbsp;&nbsp;2.47%, 01/14/29 | 200 | 174066 |
| &nbsp;&nbsp;&nbsp;2.63%, 07/14/26 | 760 | 705835 |
| &nbsp;&nbsp;&nbsp;2.70%, 07/16/24 | 1740 | 1684198 |
| &nbsp;&nbsp;&nbsp;2.72%, 09/27/29 | 435 | 376584 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/15/30 | 1355 | 1181465 |
| &nbsp;&nbsp;&nbsp;2.93%, 09/17/41 | 405 | 292775 |
| &nbsp;&nbsp;&nbsp;3.01%, 10/19/26 | 255 | 240383 |
| &nbsp;&nbsp;&nbsp;3.04%, 07/16/29 | 1433 | 1282105 |
| &nbsp;&nbsp;&nbsp;3.05%, 01/14/42 | 570 | 430920 |
| &nbsp;&nbsp;&nbsp;3.20%, 09/17/29 | 649 | 569666 |
| &nbsp;&nbsp;&nbsp;3.35%, 10/18/27 | 887 | 838348 |
| &nbsp;&nbsp;&nbsp;3.36%, 07/12/27 | 354 | 335581 |
| &nbsp;&nbsp;&nbsp;3.45%, 01/11/27 | 628 | 598352 |
| &nbsp;&nbsp;&nbsp;3.54%, 01/17/28 | 1500 | 1431030 |
| &nbsp;&nbsp;&nbsp;3.78%, 03/09/26 | 695 | 677208 |
| &nbsp;&nbsp;&nbsp;3.94%, 07/19/28 | 573 | 554280 |
| &nbsp;&nbsp;&nbsp;4.31%, 10/16/28 | 100 | 97308 |
| &nbsp;&nbsp;&nbsp;5.46%, 01/13/26 | 220 | 223472 |
| &nbsp;&nbsp;&nbsp;5.52%, 01/13/28 | 270 | 278583 |
| &nbsp;&nbsp;&nbsp;5.71%, 01/13/30 | 270 | 281116 |
| &nbsp;&nbsp;&nbsp;5.77%, 01/13/33 | 270 | 285644 |
| Sumitomo Mitsui Trust Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;0.80%, 09/16/24<sup>(b)</sup> | 1285 | 1197723 |
| &nbsp;&nbsp;&nbsp;1.05%, 09/12/25<sup>(b)</sup> | 1145 | 1031576 |
| &nbsp;&nbsp;&nbsp;1.35%, 09/16/26<sup>(b)</sup> | 1060 | 937973 |
| &nbsp;&nbsp;&nbsp;1.55%, 03/25/26<sup>(b)</sup> | 615 | 555855 |
| &nbsp;&nbsp;&nbsp;2.55%, 03/10/25<sup>(b)</sup> | 945 | 896115 |
| &nbsp;&nbsp;&nbsp;2.80%, 03/10/27<sup>(b)</sup> | 800 | 741784 |
| &nbsp;&nbsp;&nbsp;4.80%, 09/15/25<sup>(b)</sup> | 285 | 283019 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.95%, 09/15/27<sup>(b)</sup> | $825 | $831097 |
| Suncorp-Metway Ltd., 3.30%, 04/15/24<sup>(b)</sup> | 291 | 284674 |
| SVB Financial Group |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 10/28/26 (Call 09/28/26) | 780 | 690292 |
| &nbsp;&nbsp;&nbsp;1.80%, 02/02/31 (Call 11/02/30) | 535 | 408638 |
| &nbsp;&nbsp;&nbsp;2.10%, 05/15/28 (Call 03/15/28) | 141 | 120501 |
| &nbsp;&nbsp;&nbsp;3.13%, 06/05/30 (Call 03/05/30) | 576 | 496512 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/29/25 | 83 | 80585 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/29/28 (Call 04/29/27)<sup>(a)</sup> | 525 | 505759 |
| &nbsp;&nbsp;&nbsp;4.57%, 04/29/33 (Call 04/29/32)<sup>(a)(c)</sup> | 605 | 556455 |
| Svenska Handelsbanken AB |  |  |
| &nbsp;&nbsp;&nbsp;0.55%, 06/11/24<sup>(b)</sup> | 615 | 580160 |
| &nbsp;&nbsp;&nbsp;1.42%, 06/11/27 (Call 06/11/26)<sup>(a)(b)</sup> | 785 | 699867 |
| &nbsp;&nbsp;&nbsp;3.65%, 06/10/25<sup>(b)</sup> | 920 | 896549 |
| &nbsp;&nbsp;&nbsp;3.95%, 06/10/27<sup>(b)</sup> | 730 | 714604 |
| Swedbank AB |  |  |
| &nbsp;&nbsp;&nbsp;1.54%, 11/16/26<sup>(b)</sup> | 970 | 865094 |
| &nbsp;&nbsp;&nbsp;3.36%, 04/04/25<sup>(b)</sup> | 930 | 897729 |
| &nbsp;&nbsp;&nbsp;5.34%, 09/20/27<sup>(b)</sup> | 705 | 712783 |
| &nbsp;&nbsp;&nbsp;Synchrony Bank |  |  |
| &nbsp;&nbsp;&nbsp;5.40%, 08/22/25 (Call 07/22/25) | 550 | 547707 |
| &nbsp;&nbsp;&nbsp;5.63%, 08/23/27 (Call 07/23/27) | 850 | 846200 |
| Synovus Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.20%, 08/11/25 (Call 07/11/25) | 215 | 214662 |
| &nbsp;&nbsp;&nbsp;5.90%, 02/07/29 (Call 02/07/24)<sup>(a)</sup> | 180 | 178285 |
| TC Ziraat Bankasi AS, 5.38%, 03/02/26<sup>(d)</sup> | 400 | 358416 |
| Texas Capital Bancshares Inc., 4.00%, 05/06/31 (Call 05/06/26)<sup>(a)</sup> | 280 | 254537 |
| Toronto-Dominion Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.55%, 03/04/24 | 755 | 721871 |
| &nbsp;&nbsp;&nbsp;0.70%, 09/10/24 | 1015 | 951634 |
| &nbsp;&nbsp;&nbsp;0.75%, 09/11/25 | 868 | 786434 |
| &nbsp;&nbsp;&nbsp;0.75%, 01/06/26 | 1057 | 946702 |
| &nbsp;&nbsp;&nbsp;1.15%, 06/12/25 | 836 | 769128 |
| &nbsp;&nbsp;&nbsp;1.20%, 06/03/26 | 1070 | 955157 |
| &nbsp;&nbsp;&nbsp;1.25%, 12/13/24 | 995 | 934196 |
| &nbsp;&nbsp;&nbsp;1.25%, 09/10/26 | 1092 | 970002 |
| &nbsp;&nbsp;&nbsp;1.45%, 01/10/25 | 195 | 183587 |
| &nbsp;&nbsp;&nbsp;1.95%, 01/12/27 | 545 | 496544 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/10/31 | 930 | 758787 |
| &nbsp;&nbsp;&nbsp;2.35%, 03/08/24 | 605 | 589324 |
| &nbsp;&nbsp;&nbsp;2.45%, 01/12/32 | 210 | 176251 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/12/24 | 1636 | 1592188 |
| &nbsp;&nbsp;&nbsp;2.80%, 03/10/27 | 675 | 633353 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/10/32 | 635 | 569532 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/11/24 | 1221 | 1200328 |
| &nbsp;&nbsp;&nbsp;3.63%, 09/15/31 (Call 09/15/26)<sup>(a)</sup> | 2362 | 2229799 |
| &nbsp;&nbsp;&nbsp;3.77%, 06/06/25 | 800 | 783352 |
| &nbsp;&nbsp;&nbsp;4.11%, 06/08/27 | 965 | 948441 |
| &nbsp;&nbsp;&nbsp;4.29%, 09/13/24 | 540 | 535826 |
| &nbsp;&nbsp;&nbsp;4.46%, 06/08/32 | 815 | 800085 |
| &nbsp;&nbsp;&nbsp;4.69%, 09/15/27 | 815 | 819580 |
| Truist Bank |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 03/10/25 (Call 02/10/25) | 872 | 817831 |
| &nbsp;&nbsp;&nbsp;2.15%, 12/06/24 (Call 11/06/24) | 947 | 906715 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/11/30 (Call 12/11/29) | 772 | 649569 |
| &nbsp;&nbsp;&nbsp;2.64%, 09/17/29 (Call 09/17/24)<sup>(a)</sup> | 655 | 617717 |
| &nbsp;&nbsp;&nbsp;3.20%, 04/01/24 (Call 03/01/24) | 454 | 446563 |
| &nbsp;&nbsp;&nbsp;3.30%, 05/15/26 (Call 04/15/26) | 915 | 872443 |
| &nbsp;&nbsp;&nbsp;3.63%, 09/16/25 (Call 08/16/25) | 356 | 345818 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 10/30/26 (Call 09/30/26) | $470 | $453832 |
| &nbsp;&nbsp;&nbsp;4.05%, 11/03/25 (Call 09/03/25) | 578 | 570856 |
| Truist Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.13%, 08/03/27 (Call 06/03/27) | 1055 | 918135 |
| &nbsp;&nbsp;&nbsp;1.20%, 08/05/25 (Call 07/03/25) | 288 | 265441 |
| &nbsp;&nbsp;&nbsp;1.27%, 03/02/27 (Call 03/02/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.609%)<sup>(a)</sup> | 185 | 167427 |
| &nbsp;&nbsp;&nbsp;1.89%, 06/07/29 (Call 06/07/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.862%)<sup>(a)</sup> | 930 | 803957 |
| &nbsp;&nbsp;&nbsp;1.95%, 06/05/30 (Call 03/05/30) | 490 | 409596 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/01/24 (Call 07/01/24) | 1248 | 1207415 |
| &nbsp;&nbsp;&nbsp;2.85%, 10/26/24 (Call 09/26/24) | 676 | 658634 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/05/25 (Call 05/05/25) | 505 | 495208 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/19/29 (Call 02/19/29) | 880 | 832999 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/25 (Call 03/01/25) | 925 | 911976 |
| &nbsp;&nbsp;&nbsp;4.12%, 06/06/28 (Call 06/06/27)<sup>(a)</sup> | 660 | 644992 |
| &nbsp;&nbsp;&nbsp;4.26%, 07/28/26 (Call 07/28/25)<sup>(a)</sup> | 545 | 538694 |
| &nbsp;&nbsp;&nbsp;4.87%, 01/26/29 | 700 | 703220 |
| &nbsp;&nbsp;&nbsp;4.92%, 07/28/33 (Call 07/28/32)<sup>(a)</sup> | 750 | 738675 |
| &nbsp;&nbsp;&nbsp;5.12%, 01/26/34 | 265 | 268315 |
| &nbsp;&nbsp;&nbsp;5.90%, 10/28/26 (Call 10/28/25)<sup>(a)</sup> | 1000 | 1031330 |
| &nbsp;&nbsp;&nbsp;6.12%, 10/28/33 (Call 10/28/32)<sup>(a)</sup> | 980 | 1067896 |
| Turkiye Is Bankasi AS |  |  |
| &nbsp;&nbsp;&nbsp;6.13%, 04/25/24<sup>(d)</sup> | 600 | 591330 |
| &nbsp;&nbsp;&nbsp;7.75%, 01/22/30 (Call 01/22/25)<sup>(a)(d)</sup> | 600 | 567366 |
| Turkiye Vakiflar Bankasi TAO |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 02/05/25<sup>(d)</sup> | 600 | 565764 |
| &nbsp;&nbsp;&nbsp;6.50%, 01/08/26<sup>(d)</sup> | 600 | 559638 |
| &nbsp;&nbsp;&nbsp;8.13%, 03/28/24<sup>(d)</sup> | 400 | 401992 |
| U.S. Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;4.65%, 02/01/29 (Call 02/01/28)<sup>(a)</sup> | 1000 | 999830 |
| &nbsp;&nbsp;&nbsp;4.84%, 02/01/34 | 1000 | 997200 |
| U.S. Bancorp. |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 07/22/30 (Call 04/22/30) | 1136 | 922171 |
| &nbsp;&nbsp;&nbsp;1.45%, 05/12/25 (Call 04/12/25) | 985 | 921970 |
| &nbsp;&nbsp;&nbsp;2.22%, 01/27/28 (Call 01/27/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.730%)<sup>(a)</sup> | 450 | 412614 |
| &nbsp;&nbsp;&nbsp;2.40%, 07/30/24 (Call 06/30/24) | 942 | 912242 |
| &nbsp;&nbsp;&nbsp;2.49%, 11/03/36 (Call 11/03/31)<sup>(a)</sup> | 630 | 502589 |
| &nbsp;&nbsp;&nbsp;2.68%, 01/27/33 (Call 01/27/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.020%)<sup>(a)</sup> | 300 | 258027 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/30/29 (Call 04/30/29) | 930 | 846784 |
| &nbsp;&nbsp;&nbsp;3.10%, 04/27/26 (Call 03/27/26) | 1039 | 996370 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/05/24 (Call 01/05/24) | 670 | 660285 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/11/24 (Call 08/11/24) | 870 | 858290 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/26/28 (Call 03/26/28) | 764 | 753373 |
| &nbsp;&nbsp;&nbsp;3.95%, 11/17/25 (Call 10/17/25) | 929 | 919273 |
| &nbsp;&nbsp;&nbsp;4.55%, 07/22/28 (Call 07/22/27)<sup>(a)</sup> | 890 | 887917 |
| &nbsp;&nbsp;&nbsp;4.97%, 07/22/33 (Call 07/22/32)<sup>(a)</sup> | 1490 | 1477246 |
| &nbsp;&nbsp;&nbsp;5.73%, 10/21/26 (Call 10/21/25)<sup>(a)</sup> | 605 | 621256 |
| &nbsp;&nbsp;&nbsp;5.85%, 10/21/33 (Call 10/21/32)<sup>(a)</sup> | 965 | 1037336 |
| &nbsp;&nbsp;&nbsp;Series V, 2.38%, 07/22/26 (Call 06/22/26) | 1328 | 1245372 |
| &nbsp;&nbsp;&nbsp;Series X, 3.15%, 04/27/27 (Call 03/27/27) | 768 | 733916 |
| U.S. Bank NA/Cincinnati OH |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 01/21/25 (Call 12/20/24) | 240 | 229397 |
| &nbsp;&nbsp;&nbsp;2.80%, 01/27/25 (Call 12/27/24) | 981 | 951148 |
| UBS AG/London |  |  |
| &nbsp;&nbsp;&nbsp;0.45%, 02/09/24<sup>(b)</sup> | 1405 | 1341817 |
| &nbsp;&nbsp;&nbsp;0.70%, 08/09/24<sup>(b)</sup> | 845 | 792602 |
| &nbsp;&nbsp;&nbsp;1.25%, 06/01/26<sup>(b)</sup> | 2005 | 1783067 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 01/13/25 (Call 12/13/24)<sup>(b)</sup> | $630 | $589642 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/26/48<sup>(b)</sup> | 1009 | 936554 |
| UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp;1.36%, 01/30/27 (Call 01/30/26)<sup>(a)(b)</sup> | 3058 | 2730029 |
| &nbsp;&nbsp;&nbsp;1.49%, 08/10/27 (Call 08/10/26)<sup>(a)(b)</sup> | 1135 | 999016 |
| &nbsp;&nbsp;&nbsp;2.10%, 02/11/32 (Call 02/11/31)<sup>(a)(b)</sup> | 400 | 320088 |
| &nbsp;&nbsp;&nbsp;2.75%, 02/11/33 (Call 02/11/32)<sup>(a)(b)</sup> | 940 | 773695 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/13/30 (Call 08/13/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.468%)<sup>(a)(b)</sup> | 1930 | 1702125 |
| &nbsp;&nbsp;&nbsp;3.18%, 02/11/43 (Call 02/11/42)<sup>(a)(b)(c)</sup> | 655 | 501638 |
| &nbsp;&nbsp;&nbsp;4.13%, 09/24/25<sup>(b)</sup> | 1345 | 1317549 |
| &nbsp;&nbsp;&nbsp;4.13%, 04/15/26<sup>(b)</sup> | 1708 | 1667777 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/23/28 (Call 03/23/27)<sup>(b)</sup> | 1020 | 979067 |
| &nbsp;&nbsp;&nbsp;4.49%, 08/05/25 (Call 08/05/24)<sup>(a)(b)</sup> | 1735 | 1718864 |
| &nbsp;&nbsp;&nbsp;4.49%, 05/12/26 (Call 05/12/25)<sup>(a)(b)</sup> | 460 | 452902 |
| &nbsp;&nbsp;&nbsp;4.70%, 08/05/27 (Call 08/05/26)<sup>(a)(b)</sup> | 840 | 828820 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/12/28 (Call 05/12/27)<sup>(a)(b)</sup> | 1150 | 1130128 |
| &nbsp;&nbsp;&nbsp;4.99%, 08/05/33 (Call 08/05/32)<sup>(a)(b)</sup> | 805 | 788723 |
| &nbsp;&nbsp;&nbsp;5.71%, 01/12/27 | 1000 | 1012470 |
| &nbsp;&nbsp;&nbsp;5.96%, 01/12/34 | 1000 | 1053040 |
| UniCredit SpA |  |  |
| &nbsp;&nbsp;&nbsp;1.98%, 06/03/27 (Call 06/03/26)<sup>(a)(b)</sup> | 810 | 711229 |
| &nbsp;&nbsp;&nbsp;2.57%, 09/22/26 (Call 09/22/25)<sup>(a)(b)</sup> | 776 | 702210 |
| &nbsp;&nbsp;&nbsp;3.13%, 06/03/32 (Call 06/03/31)<sup>(a)(b)</sup> | 645 | 520928 |
| &nbsp;&nbsp;&nbsp;4.63%, 04/12/27<sup>(b)(c)</sup> | 675 | 650329 |
| &nbsp;&nbsp;&nbsp;5.46%, 06/30/35 (Call 06/30/30)<sup>(a)(b)</sup> | 1120 | 980896 |
| &nbsp;&nbsp;&nbsp;5.86%, 06/19/32 (Call 06/19/27)<sup>(a)(b)</sup> | 805 | 742556 |
| &nbsp;&nbsp;&nbsp;7.30%, 04/02/34 (Call 04/02/29)<sup>(a)(b)</sup> | 800 | 778120 |
| Union Bank of the Philippines, 2.13%, 10/22/25<sup>(d)</sup> | 400 | 366940 |
| United Overseas Bank Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 04/14/26<sup>(b)</sup> | 340 | 306677 |
| &nbsp;&nbsp;&nbsp;1.75%, 03/16/31 (Call 03/16/26)<sup>(a)(d)</sup> | 800 | 714816 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/14/31 (Call 10/14/26)<sup>(a)(b)</sup> | 131 | 115956 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/15/29 (Call 04/15/24)<sup>(a)(b)</sup> | 825 | 808838 |
| Valley National Bancorp., 3.00%, 06/15/31 (Call 06/15/26), (1 day SOFR + 2.360%)<sup>(a)</sup> | 200 | 179500 |
| Wachovia Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 08/01/35 | 2637 | 2711785 |
| &nbsp;&nbsp;&nbsp;7.57%, 08/01/26<sup>(g)</sup> | 280 | 303380 |
| Warba Sukuk Ltd., 2.98%, 09/24/24<sup>(d)</sup> | 200 | 193364 |
| Webster Financial Corp., 4.10%, 03/25/29 (Call 12/25/28) | 193 | 181748 |
| Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp;0.81%, 05/19/25 (Call 05/19/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 0.510%)<sup>(a)</sup> | 1560 | 1476400 |
| &nbsp;&nbsp;&nbsp;2.16%, 02/11/26 (Call 02/11/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 0.750%)<sup>(a)</sup> | 2014 | 1900290 |
| &nbsp;&nbsp;&nbsp;2.19%, 04/30/26 (Call 04/29/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.000%)<sup>(a)</sup> | 1555 | 1462944 |
| &nbsp;&nbsp;&nbsp;2.39%, 06/02/28 (Call 06/02/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.100%)<sup>(a)</sup> | 2108 | 1910101 |
| &nbsp;&nbsp;&nbsp;2.41%, 10/30/25 (Call 10/30/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.087%)<sup>(a)</sup> | 2485 | 2373200 |
| &nbsp;&nbsp;&nbsp;2.57%, 02/11/31 (Call 02/11/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.262%)<sup>(a)</sup> | 2587 | 2233952 |
| &nbsp;&nbsp;&nbsp;2.88%, 10/30/30 (Call 10/30/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. SOFR + 1.432%)<sup>(a)</sup> | 2050 | 1813553 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/19/25 | 1251 | 1207278 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/22/26 | 2834 | 2691110 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/23/26 | 1602 | 1511343 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.07%, 04/30/41 (Call 04/30/40), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 2.530%)<sup>(a)</sup> | $2100 | $1640877 |
| &nbsp;&nbsp;&nbsp;3.20%, 06/17/27 (Call 06/17/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.170%)<sup>(a)</sup> | 1905 | 1803406 |
| &nbsp;&nbsp;&nbsp;3.30%, 09/09/24 | 1937 | 1894328 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/02/33 (Call 03/02/32), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.500%)<sup>(a)</sup> | 1510 | 1331639 |
| &nbsp;&nbsp;&nbsp;3.53%, 03/24/28 (Call 03/24/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.510%)<sup>(a)</sup> | 2575 | 2447743 |
| &nbsp;&nbsp;&nbsp;3.55%, 09/29/25 | 1270 | 1234707 |
| &nbsp;&nbsp;&nbsp;3.58%, 05/22/28 (Call 05/22/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.310%)<sup>(a)</sup> | 2205 | 2095742 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/01/45 | 1537 | 1308909 |
| &nbsp;&nbsp;&nbsp;3.91%, 04/25/26 (Call 04/25/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 1.320%)<sup>(a)</sup> | 1570 | 1533403 |
| &nbsp;&nbsp;&nbsp;4.10%, 06/03/26 | 948 | 932917 |
| &nbsp;&nbsp;&nbsp;4.15%, 01/24/29 (Call 10/24/28) | 1790 | 1737625 |
| &nbsp;&nbsp;&nbsp;4.30%, 07/22/27 | 2044 | 2021516 |
| &nbsp;&nbsp;&nbsp;4.40%, 06/14/46 | 1525 | 1347139 |
| &nbsp;&nbsp;&nbsp;4.48%, 04/04/31 (Call 04/04/30), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 4.032%)<sup>(a)</sup> | 1095 | 1066147 |
| &nbsp;&nbsp;&nbsp;4.54%, 08/15/26 (Call 08/15/25)<sup>(a)</sup> | 815 | 807127 |
| &nbsp;&nbsp;&nbsp;4.61%, 04/25/53 (Call 04/25/52)<sup>(a)</sup> | 1945 | 1814199 |
| &nbsp;&nbsp;&nbsp;4.65%, 11/04/44 | 1659 | 1529764 |
| &nbsp;&nbsp;&nbsp;4.75%, 12/07/46 | 1870 | 1721728 |
| &nbsp;&nbsp;&nbsp;4.81%, 07/25/28 (Call 07/25/27)<sup>(a)</sup> | 1870 | 1866372 |
| &nbsp;&nbsp;&nbsp;4.90%, 07/25/33 (Call 07/25/32)<sup>(a)</sup> | 2090 | 2081640 |
| &nbsp;&nbsp;&nbsp;4.90%, 11/17/45 | 1352 | 1282778 |
| &nbsp;&nbsp;&nbsp;5.01%, 04/04/51 (Call 04/04/50), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1 day SOFR + 4.502%)<sup>(a)</sup> | 3770 | 3712507 |
| &nbsp;&nbsp;&nbsp;5.38%, 02/07/35 | 695 | 713550 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/02/43 | 1242 | 1253700 |
| &nbsp;&nbsp;&nbsp;5.61%, 01/15/44 | 1808 | 1873721 |
| &nbsp;&nbsp;&nbsp;5.95%, 12/01/86 | 578 | 603675 |
| &nbsp;&nbsp;&nbsp;Series B, 7.95%, 11/15/29 | 586 | 666891 |
| Wells Fargo Bank NA |  |  |
| &nbsp;&nbsp;&nbsp;5.85%, 02/01/37 | 585 | 628705 |
| &nbsp;&nbsp;&nbsp;6.60%, 01/15/38 | 768 | 883039 |
| Westpac Banking Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.02%, 11/18/24 | 455 | 427068 |
| &nbsp;&nbsp;&nbsp;1.15%, 06/03/26 | 1445 | 1293564 |
| &nbsp;&nbsp;&nbsp;1.95%, 11/20/28 | 1000 | 879450 |
| &nbsp;&nbsp;&nbsp;2.15%, 06/03/31 | 920 | 790860 |
| &nbsp;&nbsp;&nbsp;2.35%, 02/19/25 | 455 | 434329 |
| &nbsp;&nbsp;&nbsp;2.65%, 01/16/30 | 887 | 796029 |
| &nbsp;&nbsp;&nbsp;2.67%, 11/15/35 (Call 11/15/30)<sup>(a)</sup> | 1055 | 827489 |
| &nbsp;&nbsp;&nbsp;2.70%, 08/19/26 | 1214 | 1142374 |
| &nbsp;&nbsp;&nbsp;2.85%, 05/13/26 | 944 | 894723 |
| &nbsp;&nbsp;&nbsp;2.89%, 02/04/30 (Call 02/04/25)<sup>(a)</sup> | 1160 | 1082292 |
| &nbsp;&nbsp;&nbsp;2.96%, 11/16/40 | 599 | 431879 |
| &nbsp;&nbsp;&nbsp;3.02%, 11/18/36 (Call 11/18/31)<sup>(a)</sup> | 885 | 692920 |
| &nbsp;&nbsp;&nbsp;3.13%, 11/18/41 | 900 | 651483 |
| &nbsp;&nbsp;&nbsp;3.30%, 02/26/24 | 664 | 654252 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/08/27 | 494 | 474393 |
| &nbsp;&nbsp;&nbsp;3.40%, 01/25/28 | 620 | 591430 |
| &nbsp;&nbsp;&nbsp;4.11%, 07/24/34 (Call 07/24/29)<sup>(a)</sup> | 1300 | 1174264 |
| &nbsp;&nbsp;&nbsp;4.32%, 11/23/31 (Call 11/23/26)<sup>(a)</sup> | 420 | 403078 |
| &nbsp;&nbsp;&nbsp;4.42%, 07/24/39 | 855 | 744303 |
| &nbsp;&nbsp;&nbsp;5.41%, 08/10/33 (Call 08/10/32)<sup>(a)</sup> | 545 | 539207 |
| &nbsp;&nbsp;&nbsp;5.46%, 11/18/27 | 1950 | 2031783 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| Wintrust Financial Corp., 4.85%, 06/06/29 | $25 | $23457 |
| Woori Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 02/01/26<sup>(d)</sup> | 1000 | 884110 |
| &nbsp;&nbsp;&nbsp;4.25%, (Call 10/04/24)<sup>(a)(d)(f)</sup> | 400 | 384108 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/30/24<sup>(d)</sup> | 250 | 247450 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/26/28 | 600 | 605544 |
| &nbsp;&nbsp;&nbsp;5.13%, 08/06/28<sup>(d)</sup> | 200 | 195274 |
| Yapi ve Kredi Bankasi AS |  |  |
| &nbsp;&nbsp;&nbsp;5.85%, 06/21/24<sup>(d)</sup> | 400 | 390788 |
| &nbsp;&nbsp;&nbsp;7.88%, 01/22/31 (Call 01/22/26)<sup>(a)(d)</sup> | 400 | 379056 |
| &nbsp;&nbsp;&nbsp;8.25%, 10/15/24<sup>(d)</sup> | 200 | 201738 |
| Zions Bancorp NA, 3.25%, 10/29/29 (Call 07/29/29) | 395 | 335288 |
|  |  | 1375290736 |
| **Beverages — 0.5%** |  |  |
| Anadolu Efes Biracilik Ve Malt Sanayii AS, 3.38%, 06/29/28 (Call 03/29/28)<sup>(d)</sup> | 400 | 312644 |
| Anheuser-Busch Companies LLC/Anheuser-Busch InBev Worldwide Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.65%, 02/01/26 (Call 11/01/25) | 2359 | 2305309 |
| &nbsp;&nbsp;&nbsp;4.70%, 02/01/36 (Call 08/01/35) | 2856 | 2831810 |
| &nbsp;&nbsp;&nbsp;4.90%, 02/01/46 (Call 08/01/45) | 4541 | 4434059 |
| Anheuser-Busch InBev Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 02/01/44 | 1017 | 959245 |
| &nbsp;&nbsp;&nbsp;4.70%, 02/01/36 (Call 08/01/35) | 1090 | 1074380 |
| &nbsp;&nbsp;&nbsp;4.90%, 02/01/46 (Call 08/01/45) | 1786 | 1741279 |
| Anheuser-Busch InBev Worldwide Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/30 (Call 03/01/30)<sup>(c)</sup> | 1400 | 1319878 |
| &nbsp;&nbsp;&nbsp;3.75%, 07/15/42 | 40 | 34310 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/13/28 (Call 01/13/28) | 1622 | 1592561 |
| &nbsp;&nbsp;&nbsp;4.35%, 06/01/40 (Call 12/01/39) | 1088 | 1006922 |
| &nbsp;&nbsp;&nbsp;4.38%, 04/15/38 (Call 10/15/37) | 1140 | 1083114 |
| &nbsp;&nbsp;&nbsp;4.44%, 10/06/48 (Call 04/06/48) | 1345 | 1241233 |
| &nbsp;&nbsp;&nbsp;4.60%, 04/15/48 (Call 10/15/47) | 1517 | 1435628 |
| &nbsp;&nbsp;&nbsp;4.60%, 06/01/60 (Call 12/01/59) | 400 | 375712 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/23/29 (Call 10/23/28) | 2777 | 2818905 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/15/58 (Call 10/15/57) | 100 | 95772 |
| &nbsp;&nbsp;&nbsp;4.90%, 01/23/31 (Call 10/23/30) | 1104 | 1142331 |
| &nbsp;&nbsp;&nbsp;4.95%, 01/15/42 | 846 | 840848 |
| &nbsp;&nbsp;&nbsp;5.45%, 01/23/39 (Call 07/23/38) | 1318 | 1382147 |
| &nbsp;&nbsp;&nbsp;5.55%, 01/23/49 (Call 07/23/48) | 1984 | 2126848 |
| &nbsp;&nbsp;&nbsp;5.80%, 01/23/59 (Call 07/23/58) | 1465 | 1627864 |
| &nbsp;&nbsp;&nbsp;5.88%, 06/15/35 | 75 | 81401 |
| &nbsp;&nbsp;&nbsp;8.00%, 11/15/39 | 603 | 773142 |
| &nbsp;&nbsp;&nbsp;8.20%, 01/15/39 | 1273 | 1674593 |
| Bacardi Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 07/15/26 (Call 04/15/26)<sup>(b)</sup> | 485 | 447480 |
| &nbsp;&nbsp;&nbsp;4.45%, 05/15/25 (Call 03/15/25)<sup>(d)</sup> | 595 | 580042 |
| &nbsp;&nbsp;&nbsp;4.70%, 05/15/28 (Call 02/15/28)<sup>(d)</sup> | 376 | 368221 |
| &nbsp;&nbsp;&nbsp;5.15%, 05/15/38 (Call 11/15/37)<sup>(d)</sup> | 50 | 49137 |
| Becle SAB de CV, 2.50%, 10/14/31 (Call 07/14/31)<sup>(d)</sup> | 600 | 483606 |
| Brown-Forman Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 04/15/25 (Call 02/15/25) | 35 | 34339 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/15/38 (Call 10/15/37) | 196 | 181322 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/15/45 (Call 01/15/45) | 136 | 132521 |
| Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL, 5.25%, 04/27/29 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 04/27/26)<sup>(d)</sup> | 409 | 392468 |
| Cia. Cervecerias Unidas SA, 3.35%, 01/19/32 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 10/19/31)<sup>(d)</sup> | 300 | 257415 |
| Coca-Cola Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 03/15/28 | 1430 | 1232960 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Beverages (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 03/15/31 | $995 | $804467 |
| &nbsp;&nbsp;&nbsp;1.45%, 06/01/27 | 559 | 504034 |
| &nbsp;&nbsp;&nbsp;1.50%, 03/05/28 | 320 | 284166 |
| &nbsp;&nbsp;&nbsp;1.65%, 06/01/30 | 750 | 631440 |
| &nbsp;&nbsp;&nbsp;1.75%, 09/06/24 | 481 | 463165 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/05/31 | 527 | 449942 |
| &nbsp;&nbsp;&nbsp;2.13%, 09/06/29 | 1212 | 1069881 |
| &nbsp;&nbsp;&nbsp;2.25%, 01/05/32 | 1370 | 1185447 |
| &nbsp;&nbsp;&nbsp;2.50%, 06/01/40 | 825 | 635283 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/15/51 | 870 | 614603 |
| &nbsp;&nbsp;&nbsp;2.60%, 06/01/50 | 1043 | 754350 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/01/60 | 745 | 542211 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/05/41 | 1045 | 851341 |
| &nbsp;&nbsp;&nbsp;2.90%, 05/25/27 | 282 | 270153 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/05/51 | 993 | 777986 |
| &nbsp;&nbsp;&nbsp;3.38%, 03/25/27 | 650 | 634640 |
| &nbsp;&nbsp;&nbsp;3.45%, 03/25/30 | 824 | 785939 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/25/50 | 70 | 68949 |
| Coca-Cola Consolidated Inc., 3.80%, 11/25/25 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 08/25/25) | 335 | 327764 |
| Coca-Cola European Partners PLC, 1.50%, 01/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 12/15/26)<sup>(b)</sup> | 240 | 212218 |
| Coca-Cola Femsa SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 09/01/32 (Call 06/01/32) | 1615 | 1285992 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/22/30 (Call 10/22/29) | 1142 | 1022478 |
| &nbsp;&nbsp;&nbsp;5.25%, 11/26/43 | 180 | 185335 |
| Coca-Cola Icecek AS, 4.50%, 01/20/29 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 10/20/28)<sup>(d)</sup> | 400 | 349644 |
| Constellation Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 08/01/31 (Call 05/01/31) | 835 | 688349 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/01/30 (Call 02/01/30) | 595 | 526218 |
| &nbsp;&nbsp;&nbsp;3.15%, 08/01/29 (Call 05/01/29) | 706 | 643590 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/09/27 (Call 02/09/27) | 338 | 324767 |
| &nbsp;&nbsp;&nbsp;3.60%, 05/09/24 | 270 | 266015 |
| &nbsp;&nbsp;&nbsp;3.60%, 02/15/28 (Call 11/15/27) | 493 | 468932 |
| &nbsp;&nbsp;&nbsp;3.70%, 12/06/26 (Call 09/06/26) | 631 | 610499 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/01/50 (Call 11/01/49) | 370 | 298631 |
| &nbsp;&nbsp;&nbsp;4.10%, 02/15/48 (Call 08/15/47) | 415 | 352273 |
| &nbsp;&nbsp;&nbsp;4.35%, 05/09/27 (Call 04/09/27) | 695 | 686597 |
| &nbsp;&nbsp;&nbsp;4.40%, 11/15/25 (Call 09/15/25) | 581 | 575486 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/09/47 (Call 11/09/46) | 400 | 358568 |
| &nbsp;&nbsp;&nbsp;4.65%, 11/15/28 (Call 08/15/28) | 350 | 347609 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/15/24 | 668 | 667332 |
| &nbsp;&nbsp;&nbsp;4.75%, 12/01/25 | 275 | 274956 |
| &nbsp;&nbsp;&nbsp;5.25%, 11/15/48 (Call 05/15/48) | 536 | 534483 |
| Diageo Capital PLC |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 09/29/25 (Call 08/29/25) | 435 | 401096 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/29/30 (Call 01/29/30) | 1208 | 1030883 |
| &nbsp;&nbsp;&nbsp;2.13%, 04/29/32 (Call 01/29/32) | 518 | 431017 |
| &nbsp;&nbsp;&nbsp;3.88%, 05/18/28 (Call 02/18/28) | 205 | 200654 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/29/43 (Call 10/29/42) | 160 | 141059 |
| &nbsp;&nbsp;&nbsp;5.20%, 10/24/25 | 750 | 766297 |
| &nbsp;&nbsp;&nbsp;5.30%, 10/24/27 (Call 09/24/27) | 900 | 936675 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/24/33 (Call 10/24/32) | 495 | 535941 |
| &nbsp;&nbsp;&nbsp;5.88%, 09/30/36 | 281 | 310460 |
| Diageo Investment Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 05/11/42 | 310 | 293706 |
| &nbsp;&nbsp;&nbsp;7.45%, 04/15/35 | 130 | 160679 |
| Embotelladora Andina SA, 3.95%, 01/21/50 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 07/21/49)<sup>(d)</sup> | 350 | 262910 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Beverages (continued)** |  |  |
| Fomento Economico Mexicano SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 01/16/50 (Call 07/16/49) | $1918 | $1465870 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/10/43 | 660 | 568465 |
| Heineken NV |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 01/29/28 (Call 10/29/27)<sup>(b)</sup> | 1395 | 1346747 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/01/42<sup>(b)</sup> | 410 | 348447 |
| &nbsp;&nbsp;&nbsp;4.35%, 03/29/47 (Call 09/29/46)<sup>(b)</sup> | 640 | 562125 |
| JDE Peet's NV |  |  |
| &nbsp;&nbsp;&nbsp;0.80%, 09/24/24 (Call 03/03/23)<sup>(b)</sup> | 150 | 138497 |
| &nbsp;&nbsp;&nbsp;1.38%, 01/15/27 (Call 12/15/26)<sup>(b)</sup> | 665 | 576449 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/24/31 (Call 06/24/31)<sup>(b)</sup> | 650 | 511062 |
| Keurig Dr Pepper Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 03/15/24 (Call 03/03/23) | 565 | 539767 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/15/31 (Call 12/15/30) | 305 | 255883 |
| &nbsp;&nbsp;&nbsp;2.55%, 09/15/26 (Call 06/15/26) | 932 | 869519 |
| &nbsp;&nbsp;&nbsp;3.20%, 05/01/30 (Call 02/01/30) | 1313 | 1186886 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/15/51 (Call 09/15/50) | 325 | 242268 |
| &nbsp;&nbsp;&nbsp;3.40%, 11/15/25 (Call 08/15/25) | 360 | 348667 |
| &nbsp;&nbsp;&nbsp;3.43%, 06/15/27 (Call 03/15/27) | 604 | 578402 |
| &nbsp;&nbsp;&nbsp;3.80%, 05/01/50 (Call 11/01/49) | 370 | 300114 |
| &nbsp;&nbsp;&nbsp;3.95%, 04/15/29 (Call 02/15/29) | 495 | 476423 |
| &nbsp;&nbsp;&nbsp;4.05%, 04/15/32 (Call 01/15/32) | 540 | 511618 |
| &nbsp;&nbsp;&nbsp;4.42%, 05/25/25 (Call 03/25/25) | 381 | 378238 |
| &nbsp;&nbsp;&nbsp;4.42%, 12/15/46 (Call 06/15/46) | 600 | 538476 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/15/45 (Call 05/15/45) | 345 | 314882 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/52 (Call 10/15/51) | 545 | 493121 |
| &nbsp;&nbsp;&nbsp;4.60%, 05/25/28 (Call 02/25/28) | 200 | 199342 |
| &nbsp;&nbsp;&nbsp;5.09%, 05/25/48 (Call 11/25/47) | 75 | 73771 |
| Molson Coors Beverage Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 07/15/26 (Call 04/15/26) | 2004 | 1892698 |
| &nbsp;&nbsp;&nbsp;4.20%, 07/15/46 (Call 01/15/46) | 1166 | 976152 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/01/42 | 655 | 619558 |
| PepsiCo Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.40%, 02/25/31 (Call 11/25/30) | 706 | 575277 |
| &nbsp;&nbsp;&nbsp;1.63%, 05/01/30 (Call 02/01/30) | 1305 | 1094334 |
| &nbsp;&nbsp;&nbsp;1.95%, 10/21/31 (Call 07/21/31) | 825 | 691342 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/19/25 (Call 02/19/25) | 1482 | 1421505 |
| &nbsp;&nbsp;&nbsp;2.38%, 10/06/26 (Call 07/06/26) | 1147 | 1083192 |
| &nbsp;&nbsp;&nbsp;2.63%, 03/19/27 (Call 01/19/27) | 420 | 396808 |
| &nbsp;&nbsp;&nbsp;2.63%, 07/29/29 (Call 04/29/29) | 875 | 796014 |
| &nbsp;&nbsp;&nbsp;2.63%, 10/21/41 (Call 04/21/41) | 521 | 406573 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/30/25 (Call 01/30/25) | 486 | 470370 |
| &nbsp;&nbsp;&nbsp;2.75%, 03/19/30 (Call 12/19/29) | 1665 | 1514934 |
| &nbsp;&nbsp;&nbsp;2.75%, 10/21/51 (Call 04/21/51) | 920 | 683477 |
| &nbsp;&nbsp;&nbsp;2.85%, 02/24/26 (Call 11/24/25) | 225 | 215721 |
| &nbsp;&nbsp;&nbsp;2.88%, 10/15/49 (Call 04/15/49) | 769 | 591084 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/15/27 (Call 07/15/27) | 1000 | 956370 |
| &nbsp;&nbsp;&nbsp;3.38%, 07/29/49 (Call 01/29/49) | 403 | 339616 |
| &nbsp;&nbsp;&nbsp;3.45%, 10/06/46 (Call 04/06/46) | 543 | 466127 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/17/25 (Call 04/17/25) | 395 | 388431 |
| &nbsp;&nbsp;&nbsp;3.60%, 03/01/24 (Call 12/01/23) | 818 | 811170 |
| &nbsp;&nbsp;&nbsp;3.60%, 02/18/28 (Call 01/18/28) | 525 | 513040 |
| &nbsp;&nbsp;&nbsp;3.60%, 08/13/42 | 482 | 426845 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/19/50 (Call 09/19/49) | 500 | 438700 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/19/60 (Call 09/19/59) | 300 | 273852 |
| &nbsp;&nbsp;&nbsp;3.90%, 07/18/32 (Call 04/18/32) | 940 | 918465 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/05/42 | 145 | 135695 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/02/47 (Call 11/02/46) | 230 | 212736 |
| &nbsp;&nbsp;&nbsp;4.20%, 07/18/52 (Call 01/18/52) | 475 | 458441 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/14/46 (Call 10/14/45) | 335 | 336802 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Beverages (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;7.00%, 03/01/29 | $355 | $408449 |
| Pernod Ricard International Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 04/01/28 (Call 02/01/28)<sup>(b)</sup> | 420 | 357609 |
| &nbsp;&nbsp;&nbsp;1.63%, 04/01/31 (Call 01/01/30)<sup>(b)</sup> | 685 | 546281 |
| &nbsp;&nbsp;&nbsp;2.75%, 10/01/50 (Call 04/01/50)<sup>(b)</sup> | 463 | 317437 |
| Pernod Ricard SA |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 06/08/26 (Call 03/08/26)<sup>(b)</sup> | 400 | 381808 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/15/42<sup>(b)</sup> | 240 | 249871 |
| Primo Water Holdings Inc., 4.38%, 04/30/29 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 04/30/24)<sup>(b)</sup> | 535 | 467435 |
| Suntory Holdings Ltd., 2.25%, 10/16/24 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 09/16/24)<sup>(b)</sup> | 607 | 576037 |
| Triton Water Holdings Inc., 6.25%, 04/01/29 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 04/01/24)<sup>(b)(c)</sup> | 545 | 432294 |
|  |  | 102946145 |
| **Biotechnology — 0.3%** |  |  |
| Amgen Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 08/15/28 (Call 06/15/28) | 1180 | 1015768 |
| &nbsp;&nbsp;&nbsp;1.90%, 02/21/25 (Call 01/21/25) | 200 | 188808 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/15/32 (Call 10/15/31) | 1710 | 1383629 |
| &nbsp;&nbsp;&nbsp;2.20%, 02/21/27 (Call 12/21/26) | 1097 | 1006706 |
| &nbsp;&nbsp;&nbsp;2.30%, 02/25/31 (Call 11/25/30) | 1003 | 845248 |
| &nbsp;&nbsp;&nbsp;2.45%, 02/21/30 (Call 11/21/29) | 998 | 867881 |
| &nbsp;&nbsp;&nbsp;2.60%, 08/19/26 (Call 05/19/26) | 1112 | 1045436 |
| &nbsp;&nbsp;&nbsp;2.77%, 09/01/53 (Call 03/01/53) | 771 | 498814 |
| &nbsp;&nbsp;&nbsp;2.80%, 08/15/41 (Call 02/15/41) | 1045 | 769632 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/22/29 (Call 12/22/28) | 650 | 596492 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/52 (Call 07/15/51) | 1405 | 971291 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/01/25 (Call 02/01/25) | 734 | 709367 |
| &nbsp;&nbsp;&nbsp;3.15%, 02/21/40 (Call 08/21/39) | 1720 | 1346399 |
| &nbsp;&nbsp;&nbsp;3.20%, 11/02/27 (Call 08/02/27) | 727 | 688680 |
| &nbsp;&nbsp;&nbsp;3.35%, 02/22/32 (Call 11/22/31) | 330 | 298897 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/21/50 (Call 08/21/49) | 1552 | 1164000 |
| &nbsp;&nbsp;&nbsp;3.63%, 05/22/24 (Call 02/22/24) | 640 | 630131 |
| &nbsp;&nbsp;&nbsp;4.05%, 08/18/29 (Call 06/18/29) | 920 | 889419 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/01/33 (Call 12/01/32) | 720 | 690912 |
| &nbsp;&nbsp;&nbsp;4.20%, 02/22/52 (Call 08/22/51) | 220 | 188247 |
| &nbsp;&nbsp;&nbsp;4.40%, 05/01/45 (Call 11/01/44) | 1866 | 1666618 |
| &nbsp;&nbsp;&nbsp;4.40%, 02/22/62 (Call 08/22/61) | 625 | 536162 |
| &nbsp;&nbsp;&nbsp;4.56%, 06/15/48 (Call 12/15/47) | 664 | 605336 |
| &nbsp;&nbsp;&nbsp;4.66%, 06/15/51 (Call 12/15/50) | 2337 | 2141860 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/01/53 (Call 09/01/52) | 340 | 322847 |
| &nbsp;&nbsp;&nbsp;4.95%, 10/01/41 | 618 | 595641 |
| &nbsp;&nbsp;&nbsp;5.15%, 11/15/41 (Call 05/15/41) | 440 | 433462 |
| &nbsp;&nbsp;&nbsp;5.65%, 06/15/42 (Call 12/15/41) | 65 | 68102 |
| &nbsp;&nbsp;&nbsp;5.75%, 03/15/40 | 195 | 204009 |
| &nbsp;&nbsp;&nbsp;6.38%, 06/01/37 | 150 | 167159 |
| &nbsp;&nbsp;&nbsp;6.40%, 02/01/39 | 296 | 328125 |
| Baxalta Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 06/23/25 (Call 03/23/25) | 1242 | 1218948 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/23/45 (Call 12/23/44) | 595 | 595178 |
| Biogen Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 05/01/30 (Call 02/01/30) | 1793 | 1520177 |
| &nbsp;&nbsp;&nbsp;3.15%, 05/01/50 (Call 11/01/49) | 1280 | 918234 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/15/51 (Call 08/15/50) | 1011 | 739304 |
| &nbsp;&nbsp;&nbsp;4.05%, 09/15/25 (Call 06/15/25) | 1034 | 1016101 |
| &nbsp;&nbsp;&nbsp;5.20%, 09/15/45 (Call 03/15/45) | 225 | 231707 |
| Bio-Rad Laboratories Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.30%, 03/15/27 (Call 02/15/27) | 265 | 250730 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/15/32 (Call 12/15/31) | 300 | 272457 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Biotechnology (continued)** |  |  |
| CSL Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;3.85%, 04/27/27 (Call 03/27/27)<sup>(b)</sup> | $200 | $194200 |
| &nbsp;&nbsp;&nbsp;4.05%, 04/27/29 (Call 02/27/29)<sup>(b)</sup> | 200 | 193696 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/27/32 (Call 01/27/32)<sup>(b)</sup> | 200 | 195144 |
| &nbsp;&nbsp;&nbsp;4.63%, 04/27/42 (Call 10/27/41)<sup>(b)</sup> | 200 | 192738 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/27/52 (Call 10/27/51)<sup>(b)</sup> | 465 | 452961 |
| &nbsp;&nbsp;&nbsp;4.95%, 04/27/62 (Call 10/27/61)<sup>(b)</sup> | 200 | 194222 |
| Emergent BioSolutions Inc., 3.88%, 08/15/28 (Call 08/15/23)<sup>(b)(c)</sup> | 385 | 167236 |
| Gilead Sciences Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.20%, 10/01/27 (Call 08/01/27) | 815 | 707673 |
| &nbsp;&nbsp;&nbsp;1.65%, 10/01/30 (Call 07/01/30) | 670 | 552643 |
| &nbsp;&nbsp;&nbsp;2.60%, 10/01/40 (Call 04/01/40) | 513 | 380667 |
| &nbsp;&nbsp;&nbsp;2.80%, 10/01/50 (Call 04/01/50) | 1127 | 787457 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/01/27 (Call 12/01/26) | 1805 | 1713053 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/25 (Call 11/01/24) | 796 | 778934 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/01/26 (Call 12/01/25) | 1542 | 1503080 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/01/24 (Call 01/01/24) | 1571 | 1550640 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/01/36 (Call 03/01/36) | 800 | 746536 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/01/47 (Call 09/01/46) | 1157 | 1035700 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/01/45 (Call 08/01/44) | 1293 | 1215782 |
| &nbsp;&nbsp;&nbsp;4.60%, 09/01/35 (Call 03/01/35) | 695 | 691720 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/01/46 (Call 09/01/45) | 1401 | 1360119 |
| &nbsp;&nbsp;&nbsp;4.80%, 04/01/44 (Call 10/01/43) | 1236 | 1218980 |
| &nbsp;&nbsp;&nbsp;5.65%, 12/01/41 (Call 06/01/41) | 960 | 1041994 |
| Grifols Escrow Issuer SA, 4.75%, 10/15/28 (Call 10/15/24)<sup>(b)</sup> | 440 | 382571 |
| Illumina Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.55%, 03/23/31 (Call 12/23/30) | 975 | 808860 |
| &nbsp;&nbsp;&nbsp;5.75%, 12/13/27 (Call 11/13/27) | 970 | 1001719 |
| &nbsp;&nbsp;&nbsp;5.80%, 12/12/25 (Call 11/12/25) | 1000 | 1019970 |
| Regeneron Pharmaceuticals Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 09/15/30 (Call 06/15/30) | 770 | 621020 |
| &nbsp;&nbsp;&nbsp;2.80%, 09/15/50 (Call 03/15/50) | 682 | 455119 |
| Royalty Pharma PLC |  |  |
| &nbsp;&nbsp;&nbsp;1.20%, 09/02/25 (Call 08/02/25) | 778 | 705895 |
| &nbsp;&nbsp;&nbsp;1.75%, 09/02/27 (Call 07/02/27) | 697 | 604975 |
| &nbsp;&nbsp;&nbsp;2.15%, 09/02/31 (Call 06/02/31) | 290 | 230776 |
| &nbsp;&nbsp;&nbsp;2.20%, 09/02/30 (Call 06/02/30) | 970 | 791559 |
| &nbsp;&nbsp;&nbsp;3.30%, 09/02/40 (Call 03/02/40) | 370 | 275909 |
| &nbsp;&nbsp;&nbsp;3.35%, 09/02/51 (Call 03/02/51) | 340 | 229680 |
| &nbsp;&nbsp;&nbsp;3.55%, 09/02/50 (Call 03/02/50) | 1015 | 716458 |
|  |  | 54347600 |
| **Building Materials — 0.2%** |  |  |
| Boise Cascade Co., 4.88%, 07/01/30 (Call 07/01/25)<sup>(b)</sup> | 290 | 261438 |
| Builders FirstSource Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 02/01/32 (Call 08/01/26)<sup>(b)</sup> | 972 | 836406 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/01/30 (Call 03/01/25)<sup>(b)</sup> | 361 | 336921 |
| &nbsp;&nbsp;&nbsp;6.38%, 06/15/32 (Call 06/15/27)<sup>(b)</sup> | 505 | 494546 |
| Camelot Return Merger Sub Inc., 8.75%, 08/01/28 (Call 07/22/24)<sup>(b)</sup> | 520 | 488904 |
| Carrier Global Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.24%, 02/15/25 (Call 01/15/25) | 326 | 309521 |
| &nbsp;&nbsp;&nbsp;2.49%, 02/15/27 (Call 12/15/26) | 196 | 181218 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/15/31 (Call 11/15/30) | 145 | 124773 |
| &nbsp;&nbsp;&nbsp;2.72%, 02/15/30 (Call 11/15/29) | 1493 | 1304912 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/05/40 (Call 10/05/39) | 1371 | 1103614 |
| &nbsp;&nbsp;&nbsp;3.58%, 04/05/50 (Call 10/05/49) | 1132 | 881443 |
| Cemex SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;3.88%, 07/11/31 (Call 07/11/26)<sup>(d)</sup> | 900 | 758817 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Building Materials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.20%, 09/17/30 (Call 09/17/25)<sup>(d)</sup> | $600 | $562704 |
| &nbsp;&nbsp;&nbsp;5.45%, 11/19/29 (Call 11/19/24)<sup>(d)</sup> | 600 | 579456 |
| &nbsp;&nbsp;&nbsp;7.38%, 06/05/27 (Call 06/05/23)<sup>(d)</sup> | 200 | 205052 |
| Cemex SAB De CV, 5.13%, (Call 06/08/26)<sup>(a)(d)(f)</sup> | 800 | 736048 |
| Cornerstone Building Brands Inc., 6.13%, 01/15/29 (Call 09/15/23)<sup>(b)</sup> | 339 | 253586 |
| CP Atlas Buyer Inc., 7.00%, 12/01/28 (Call 12/01/23)<sup>(b)(c)</sup> | 350 | 270354 |
| CRH America Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.40%, 05/09/27 (Call 02/09/27)<sup>(b)</sup> | 50 | 47304 |
| &nbsp;&nbsp;&nbsp;3.95%, 04/04/28 (Call 01/04/28)<sup>(b)</sup> | 1350 | 1300198 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/04/48 (Call 10/04/47)<sup>(b)</sup> | 305 | 269519 |
| CRH America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.88%, 05/18/25 (Call 02/18/25)<sup>(b)</sup> | 1725 | 1678373 |
| &nbsp;&nbsp;&nbsp;5.13%, 05/18/45 (Call 11/18/44)<sup>(b)</sup> | 460 | 443964 |
| Eagle Materials Inc., 2.50%, 07/01/31 (Call 04/01/31) | 640 | 522912 |
| Eco Material Technologies Inc., 7.88%, 01/31/27 (Call 01/31/24)<sup>(b)</sup> | 365 | 351466 |
| Fortune Brands Home & Security Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 09/15/29 (Call 06/15/29) | 550 | 487503 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/15/25 (Call 03/15/25) | 260 | 253555 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/25/32 (Call 12/25/31) | 200 | 181314 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/25/52 (Call 09/25/51) | 435 | 351271 |
| GCC SAB de CV, 3.61%, 04/20/32 (Call 01/20/32)<sup>(d)</sup> | 400 | 341828 |
| Griffon Corp., 5.75%, 03/01/28 (Call 03/01/23) | 673 | 637210 |
| Holcim Finance U.S. LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 09/22/26 (Call 06/22/26)<sup>(b)</sup> | 400 | 377812 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/22/46 (Call 03/22/46)<sup>(b)</sup> | 245 | 209945 |
| Huaxin Cement International Finance Co. Ltd., 2.25%, 11/19/25<sup>(d)</sup> | 400 | 351244 |
| InterCement Financial Operations BV, 5.75%, 07/17/24 (Call 03/03/23)<sup>(b)(c)</sup> | 400 | 319224 |
| James Hardie International Finance DAC, 5.00%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 235 | 224554 |
| Jeld-Wen Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 12/15/25 (Call 03/03/23)<sup>(b)</sup> | 275 | 243356 |
| &nbsp;&nbsp;&nbsp;4.88%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 360 | 293789 |
| &nbsp;&nbsp;&nbsp;6.25%, 05/15/25 (Call 05/15/23)<sup>(b)</sup> | 85 | 81626 |
| Johnson Controls International PLC |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 07/02/24 (Call 04/02/24)<sup>(g)</sup> | 87 | 85479 |
| &nbsp;&nbsp;&nbsp;3.90%, 02/14/26 (Call 11/14/25) | 362 | 355328 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/15/47 (Call 08/15/46) | 493 | 444750 |
| &nbsp;&nbsp;&nbsp;4.63%, 07/02/44 (Call 01/02/44) | 500 | 463590 |
| &nbsp;&nbsp;&nbsp;4.95%, 07/02/64 (Call 01/02/64)<sup>(g)</sup> | 73 | 67131 |
| &nbsp;&nbsp;&nbsp;5.13%, 09/14/45 (Call 03/14/45) | 188 | 182954 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/15/36 | 259 | 282629 |
| Johnson Controls International PLC/Tyco Fire & Security Finance SCA |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 09/15/30 (Call 06/15/30) | 660 | 547021 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/16/31 (Call 06/16/31) | 620 | 514315 |
| &nbsp;&nbsp;&nbsp;4.90%, 12/01/32 (Call 09/01/32) | 480 | 494078 |
| Koppers Inc., 6.00%, 02/15/25 (Call 02/15/23)<sup>(b)</sup> | 299 | 296527 |
| Lafarge SA, 7.13%, 07/15/36. | 260 | 287180 |
| Lennox International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 08/01/25 (Call 07/01/25) | 808 | 738181 |
| &nbsp;&nbsp;&nbsp;1.70%, 08/01/27 (Call 06/01/27) | 240 | 210084 |
| Louisiana-Pacific Corp., 3.63%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 190 | 165144 |
| Martin Marietta Materials Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 07/15/31 (Call 04/15/31) | 275 | 229061 |
| &nbsp;&nbsp;&nbsp;3.20%, 07/15/51 (Call 01/15/51) | 285 | 210133 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Building Materials (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 06/01/27 (Call 03/01/27) | $515 | $489317 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/15/27 (Call 09/15/27) | 484 | 461320 |
| &nbsp;&nbsp;&nbsp;4.25%, 07/02/24 (Call 04/02/24) | 533 | 529594 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/15/47 (Call 06/15/47) | 640 | 558067 |
| &nbsp;&nbsp;&nbsp;Series CB, 2.50%, 03/15/30 (Call 12/15/29) | 110 | 94104 |
| Masco Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 02/15/28 (Call 12/15/27) | 390 | 332194 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/01/30 (Call 07/01/30) | 483 | 391500 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/15/31 (Call 11/15/30) | 687 | 557920 |
| &nbsp;&nbsp;&nbsp;3.13%, 02/15/51 (Call 08/15/50) | 215 | 146583 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/27 (Call 08/15/27) | 296 | 281893 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/47 (Call 11/15/46)<sup>(c)</sup> | 125 | 106161 |
| Masonite International Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 02/15/30 (Call 08/15/29)<sup>(b)(c)</sup> | 225 | 187187 |
| &nbsp;&nbsp;&nbsp;5.38%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 330 | 309504 |
| MIWD Holdco II LLC/MIWD Finance Corp., 5.50%, 02/01/30 (Call 02/01/25)<sup>(b)</sup> | 330 | 274590 |
| Mohawk Industries Inc., 3.63%, 05/15/30 (Call 02/15/30)<sup>(c)</sup> | 425 | 383979 |
| New Enterprise Stone & Lime Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 07/15/28 (Call 07/15/24)<sup>(b)</sup> | 370 | 340522 |
| &nbsp;&nbsp;&nbsp;9.75%, 07/15/28 (Call 07/15/23)<sup>(b)</sup> | 195 | 185283 |
| Oscar AcquisitionCo LLC/Oscar Finance Inc., 9.50%, 04/15/30 (Call 04/15/25)<sup>(b)</sup> | 465 | 419239 |
| Owens Corning |  |  |
| &nbsp;&nbsp;&nbsp;3.40%, 08/15/26 (Call 05/15/26) | 997 | 942225 |
| &nbsp;&nbsp;&nbsp;3.88%, 06/01/30 (Call 03/01/30) | 475 | 447075 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/15/29 (Call 05/15/29) | 345 | 327498 |
| &nbsp;&nbsp;&nbsp;4.20%, 12/01/24 (Call 09/01/24) | 620 | 610347 |
| &nbsp;&nbsp;&nbsp;4.30%, 07/15/47 (Call 01/15/47) | 470 | 396229 |
| &nbsp;&nbsp;&nbsp;4.40%, 01/30/48 (Call 07/30/47) | 200 | 171234 |
| &nbsp;&nbsp;&nbsp;7.00%, 12/01/36 | 27 | 30763 |
| PGT Innovations Inc., 4.38%, 10/01/29 (Call 08/01/24)<sup>(b)</sup> | 420 | 362342 |
| SRM Escrow Issuer LLC, 6.00%, 11/01/28 (Call 11/01/23)<sup>(b)</sup> | 725 | 659953 |
| St Marys Cement Inc. Canada, 5.75%, 01/28/27 (Call 10/28/26)<sup>(b)</sup> | 360 | 365033 |
| Standard Industries Inc./NJ |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 01/15/31 (Call 07/15/25)<sup>(b)</sup> | 819 | 651564 |
| &nbsp;&nbsp;&nbsp;4.38%, 07/15/30 (Call 07/15/25)<sup>(b)</sup> | 1096 | 939688 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 755 | 707216 |
| &nbsp;&nbsp;&nbsp;5.00%, 02/15/27 (Call 02/15/23)<sup>(b)</sup> | 770 | 733248 |
| Summit Materials LLC/Summit Materials Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/29 (Call 07/15/23)<sup>(b)</sup> | 535 | 502606 |
| &nbsp;&nbsp;&nbsp;6.50%, 03/15/27 (Call 03/15/23)<sup>(b)</sup> | 198 | 197358 |
| Ultratech Cement Ltd., 2.80%, 02/16/31 (Call 08/16/30)<sup>(d)</sup> | 200 | 165388 |
| Victors Merger Corp., 6.38%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 390 | 241375 |
| Votorantim Cimentos International SA, 7.25%, 04/05/41<sup>(d)</sup> | 400 | 434388 |
| Vulcan Materials Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/30 (Call 03/01/30) | 725 | 662483 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/01/27 (Call 01/01/27) | 560 | 543010 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/25 (Call 01/01/25) | 151 | 150209 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/15/47 (Call 12/15/46) | 209 | 187557 |
| &nbsp;&nbsp;&nbsp;4.70%, 03/01/48 (Call 09/01/47) | 402 | 368682 |
| West China Cement Ltd., 4.95%, 07/08/26 (Call 07/08/24)<sup>(d)</sup> | 400 | 354212 |
|  |  | 41431905 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Chemicals — 0.6%** |  |  |
| Cerdia Finanz GmbH, 10.50%, 02/15/27 (Call 02/15/24)<sup>(b)</sup> | $400 | $339308 |
| Air Liquide Finance SA |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 09/10/29 (Call 06/10/29)<sup>(b)</sup> | 1015 | 882756 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/27/26 (Call 06/27/26)<sup>(b)</sup> | 310 | 290005 |
| Air Products and Chemicals Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 10/15/25 (Call 09/15/25) | 385 | 357030 |
| &nbsp;&nbsp;&nbsp;1.85%, 05/15/27 (Call 03/15/27) | 581 | 529459 |
| &nbsp;&nbsp;&nbsp;2.05%, 05/15/30 (Call 02/15/30) | 600 | 521538 |
| &nbsp;&nbsp;&nbsp;2.70%, 05/15/40 (Call 11/15/39) | 568 | 450124 |
| &nbsp;&nbsp;&nbsp;2.80%, 05/15/50 (Call 11/15/49) | 587 | 437104 |
| &nbsp;&nbsp;&nbsp;3.35%, 07/31/24 (Call 04/30/24) | 185 | 181792 |
| Albemarle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.05%, 06/01/32 (Call 03/01/32) | 350 | 346308 |
| &nbsp;&nbsp;&nbsp;5.45%, 12/01/44 (Call 06/01/44) | 332 | 327057 |
| Alpek SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 02/25/31 (Call 11/25/30)<sup>(d)</sup> | 600 | 506010 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/18/29 (Call 06/18/29)<sup>(d)</sup> | 200 | 183698 |
| Ashland LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 09/01/31 (Call 06/01/31)<sup>(b)</sup> | 300 | 248991 |
| &nbsp;&nbsp;&nbsp;6.88%, 05/15/43 (Call 02/15/43) | 180 | 182500 |
| ASP Unifrax Holdings Inc |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 09/30/28 (Call 09/30/24)<sup>(b)</sup> | 560 | 478257 |
| &nbsp;&nbsp;&nbsp;7.50%, 09/30/29 (Call 09/30/24)<sup>(b)</sup> | 275 | 199034 |
| Avient Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 05/15/25 (Call 05/15/23)<sup>(b)</sup> | 460 | 456039 |
| &nbsp;&nbsp;&nbsp;7.13%, 08/01/30 (Call 08/01/25)<sup>(b)</sup> | 435 | 440111 |
| Axalta Coating Systems LLC, 3.38%, 02/15/29 (Call 02/15/24)<sup>(b)(c)</sup> | 495 | 425591 |
| Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV, 4.75%, 06/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 06/15/23)<sup>(b)(c)</sup> | 347 | 327818 |
| Bluestar Finance Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, (Call 07/12/24)<sup>(a)(d)(f)</sup> | 200 | 192652 |
| &nbsp;&nbsp;&nbsp;3.38%, 07/16/24<sup>(d)</sup> | 600 | 583770 |
| Braskem America Finance Co., 7.13%, 07/22/41 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 01/22/41)<sup>(c)(d)</sup> | 200 | 204058 |
| Braskem Idesa SAPI |  |  |
| &nbsp;&nbsp;&nbsp;6.99%, 02/20/32 (Call 02/20/27)<sup>(d)</sup> | 600 | 442812 |
| &nbsp;&nbsp;&nbsp;7.45%, 11/15/29 (Call 11/15/24)<sup>(d)</sup> | 800 | 659816 |
| Braskem Netherlands Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 01/10/28 (Call 10/10/27)<sup>(d)</sup> | 800 | 754704 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/31/30<sup>(d)</sup> | 1200 | 1057728 |
| &nbsp;&nbsp;&nbsp;5.88%, 01/31/50<sup>(d)</sup> | 800 | 665536 |
| &nbsp;&nbsp;&nbsp;8.50%, 01/23/81 (Call 10/23/25)<sup>(a)(d)</sup> | 400 | 410716 |
| Cabot Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/29 (Call 04/01/29) | 450 | 417348 |
| &nbsp;&nbsp;&nbsp;5.00%, 06/30/32 (Call 03/30/32) | 210 | 204716 |
| Celanese U.S. Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;1.40%, 08/05/26 (Call 07/05/26) | 510 | 438921 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/08/24 (Call 04/08/24) | 561 | 548574 |
| &nbsp;&nbsp;&nbsp;5.90%, 07/05/24 | 800 | 804664 |
| &nbsp;&nbsp;&nbsp;6.05%, 03/15/25 | 1000 | 1007810 |
| &nbsp;&nbsp;&nbsp;6.17%, 07/15/27 (Call 06/15/27) | 1510 | 1529343 |
| &nbsp;&nbsp;&nbsp;6.33%, 07/15/29 (Call 05/15/29) | 980 | 995415 |
| &nbsp;&nbsp;&nbsp;6.38%, 07/15/32 (Call 04/15/32) | 505 | 508838 |
| CF Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 12/01/26<sup>(b)</sup> | 505 | 498622 |
| &nbsp;&nbsp;&nbsp;4.95%, 06/01/43 | 541 | 492808 |
| &nbsp;&nbsp;&nbsp;5.15%, 03/15/34 | 475 | 469238 |
| &nbsp;&nbsp;&nbsp;5.38%, 03/15/44 | 595 | 570807 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Chemicals (continued)** |  |  |
| Cheever Escrow Issuer LLC, 7.13%, 10/01/27 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 10/01/24)<sup>(b)</sup> | $225 | $220336 |
| Chemours Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 397 | 331570 |
| &nbsp;&nbsp;&nbsp;5.38%, 05/15/27 (Call 02/15/27) | 355 | 328716 |
| &nbsp;&nbsp;&nbsp;5.75%, 11/15/28 (Call 11/15/23)<sup>(b)</sup> | 595 | 542170 |
| Chevron Phillips Chemical Co. LLC/Chevron Phillips Chemical Co. LP |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 06/01/28 (Call 03/01/28)<sup>(b)</sup> | 100 | 95756 |
| &nbsp;&nbsp;&nbsp;5.13%, 04/01/25 (Call 03/01/25)<sup>(b)</sup> | 280 | 282436 |
| CNAC HK Finbridge Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 09/22/25<sup>(d)</sup> | 600 | 551442 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/22/30<sup>(d)</sup> | 1200 | 1030848 |
| &nbsp;&nbsp;&nbsp;3.38%, 06/19/24<sup>(d)</sup> | 600 | 587430 |
| &nbsp;&nbsp;&nbsp;3.88%, 06/19/29<sup>(d)</sup> | 600 | 555072 |
| &nbsp;&nbsp;&nbsp;4.13%, 07/19/27<sup>(d)</sup> | 1200 | 1151940 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/14/25<sup>(d)</sup> | 800 | 792760 |
| &nbsp;&nbsp;&nbsp;5.13%, 03/14/28<sup>(d)</sup> | 1150 | 1141375 |
| Consolidated Energy Finance SA |  |  |
| &nbsp;&nbsp;&nbsp;5.63%, 10/15/28 (Call 10/15/24)<sup>(b)</sup> | 420 | 366152 |
| &nbsp;&nbsp;&nbsp;6.50%, 05/15/26 (Call 05/15/23)<sup>(b)(c)</sup> | 270 | 251095 |
| Cornerstone Chemical Co., 6.75%, 08/15/24 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 08/15/23)<sup>(b)(c)</sup> | 300 | 239664 |
| CVR Partners LP/CVR Nitrogen Finance Corp., 6.13%, 06/15/28 (Call 06/15/24)<sup>(b)</sup> | 380 | 345078 |
| Diamond BC BV, 4.63%, 10/01/29 (Call 10/01/24)<sup>(b)(c)</sup> | 355 | 298275 |
| Dow Chemical Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.10%, 11/15/30 (Call 08/15/30) | 585 | 490382 |
| &nbsp;&nbsp;&nbsp;3.60%, 11/15/50 (Call 05/15/50) | 255 | 197577 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/01/34 (Call 04/01/34) | 735 | 689048 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/15/42 (Call 05/15/42) | 1093 | 976639 |
| &nbsp;&nbsp;&nbsp;4.63%, 10/01/44 (Call 04/01/44) | 391 | 358082 |
| &nbsp;&nbsp;&nbsp;4.80%, 11/30/28 (Call 08/30/28) | 435 | 438628 |
| &nbsp;&nbsp;&nbsp;4.80%, 05/15/49 (Call 11/15/48) | 404 | 368933 |
| &nbsp;&nbsp;&nbsp;5.25%, 11/15/41 (Call 05/15/41) | 698 | 692311 |
| &nbsp;&nbsp;&nbsp;5.55%, 11/30/48 (Call 05/30/48) | 350 | 353570 |
| &nbsp;&nbsp;&nbsp;6.30%, 03/15/33 (Call 12/15/32) | 400 | 440888 |
| &nbsp;&nbsp;&nbsp;6.90%, 05/15/53 (Call 11/15/52) | 230 | 272812 |
| &nbsp;&nbsp;&nbsp;7.38%, 11/01/29 | 630 | 719113 |
| &nbsp;&nbsp;&nbsp;9.40%, 05/15/39 | 606 | 844116 |
| DuPont de Nemours Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.49%, 11/15/25 (Call 09/25/25) | 1282 | 1281449 |
| &nbsp;&nbsp;&nbsp;4.73%, 11/15/28 (Call 08/15/28) | 1915 | 1942921 |
| &nbsp;&nbsp;&nbsp;5.32%, 11/15/38 (Call 05/15/38) | 1581 | 1635054 |
| &nbsp;&nbsp;&nbsp;5.42%, 11/15/48 (Call 05/15/48) | 764 | 788058 |
| Eastman Chemical Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 03/15/25 (Call 12/15/24) | 676 | 659904 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/01/28 (Call 09/01/28) | 382 | 375647 |
| &nbsp;&nbsp;&nbsp;4.65%, 10/15/44 (Call 04/15/44) | 659 | 589284 |
| &nbsp;&nbsp;&nbsp;4.80%, 09/01/42 (Call 03/01/42) | 665 | 605516 |
| Ecolab Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.30%, 01/30/31 (Call 10/30/30) | 578 | 461510 |
| &nbsp;&nbsp;&nbsp;2.13%, 02/01/32 (Call 11/01/31) | 1415 | 1183067 |
| &nbsp;&nbsp;&nbsp;2.13%, 08/15/50 (Call 02/15/50)<sup>(c)</sup> | 725 | 441830 |
| &nbsp;&nbsp;&nbsp;2.70%, 11/01/26 (Call 08/01/26) | 670 | 632353 |
| &nbsp;&nbsp;&nbsp;2.70%, 12/15/51 (Call 06/15/51) | 403 | 273351 |
| &nbsp;&nbsp;&nbsp;2.75%, 08/18/55 (Call 02/18/55) | 439 | 289766 |
| &nbsp;&nbsp;&nbsp;3.25%, 12/01/27 (Call 09/01/27) | 199 | 189647 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/24/30 (Call 12/24/29) | 475 | 487227 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/28 (Call 12/15/27) | 440 | 457169 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Chemicals (continued)** |  |  |
| EI du Pont de Nemours and Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 07/15/25 (Call 06/15/25) | $660 | $616579 |
| &nbsp;&nbsp;&nbsp;2.30%, 07/15/30 (Call 04/15/30) | 547 | 474200 |
| Element Solutions Inc., 3.88%, 09/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 09/01/23)<sup>(b)</sup> | 545 | 481965 |
| Equate Petrochemical BV |  |  |
| &nbsp;&nbsp;&nbsp;2.63%, 04/28/28 (Call 01/28/28)<sup>(d)</sup> | 600 | 535932 |
| &nbsp;&nbsp;&nbsp;4.25%, 11/03/26<sup>(d)</sup> | 700 | 684180 |
| Equate Sukuk Spc Ltd., 3.94%, 02/21/24<sup>(d)</sup> | 1000 | 988100 |
| EverArc Escrow Sarl, 5.00%, 10/30/29 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 10/30/24)<sup>(b)</sup> | 535 | 443376 |
| FMC Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 10/01/26 (Call 08/01/26) | 283 | 268878 |
| &nbsp;&nbsp;&nbsp;3.45%, 10/01/29 (Call 07/01/29) | 356 | 327499 |
| &nbsp;&nbsp;&nbsp;4.10%, 02/01/24 (Call 11/01/23) | 5 | 4961 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/49 (Call 04/01/49) | 360 | 309622 |
| Formosa Group Cayman Ltd., 3.38%, 04/22/25<sup>(d)</sup> | 600 | 575094 |
| GC Treasury Center Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.98%, 03/18/31 (Call 12/18/30)<sup>(d)</sup> | 1800 | 1512990 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/18/51 (Call 09/18/50)<sup>(d)</sup> | 400 | 304928 |
| GPD Companies Inc., 10.13%, 04/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 04/01/23)<sup>(b)</sup> | 325 | 291372 |
| HB Fuller Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 02/15/27 (Call 11/15/26)<sup>(c)</sup> | 215 | 199729 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/15/28 (Call 10/15/23) | 255 | 225774 |
| Herens Holdco Sarl, 4.75%, 05/15/28 (Call 05/15/24)<sup>(b)</sup> | 220 | 180624 |
| Huntsman International LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 06/15/31 (Call 03/15/31) | 558 | 460791 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/01/29 (Call 02/01/29) | 739 | 692790 |
| ICL Group Ltd., 6.38%, 05/31/38 (Call 11/30/37)<sup>(b)(d)</sup> | 453 | 456619 |
| Illuminate Buyer LLC/Illuminate Holdings IV Inc., |  |  |
| &nbsp;&nbsp;&nbsp;9.00%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 304 | 272126 |
| INEOS Quattro Finance 2 PLC., 3.38%, 01/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 01/15/24)<sup>(b)</sup> | 300 | 275253 |
| Ingevity Corp., 3.88%, 11/01/28 (Call 11/01/23)<sup>(b)</sup> | 395 | 347505 |
| Innophos Holdings Inc., 9.38%, 02/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 02/15/23)<sup>(b)</sup> | 175 | 172720 |
| International Flavors & Fragrances Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.23%, 10/01/25 (Call 09/01/25)<sup>(b)</sup> | 1016 | 912876 |
| &nbsp;&nbsp;&nbsp;1.83%, 10/15/27 (Call 08/15/27)<sup>(b)</sup> | 975 | 843843 |
| &nbsp;&nbsp;&nbsp;2.30%, 11/01/30 (Call 08/01/30)<sup>(b)</sup> | 1033 | 856171 |
| &nbsp;&nbsp;&nbsp;3.27%, 11/15/40 (Call 05/15/40)<sup>(b)</sup> | 160 | 122608 |
| &nbsp;&nbsp;&nbsp;3.47%, 12/01/50 (Call 06/01/50)<sup>(b)</sup> | 510 | 377573 |
| &nbsp;&nbsp;&nbsp;4.38%, 06/01/47 (Call 12/01/46) | 726 | 615742 |
| &nbsp;&nbsp;&nbsp;4.45%, 09/26/28 (Call 06/26/28) | 90 | 87457 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/26/48 (Call 03/26/48) | 1035 | 964568 |
| Iris Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;8.75%, 02/15/26 (Call 02/15/23), (9.50% PIK)<sup>(b)(c)(h)</sup> | 160 | 139390 |
| &nbsp;&nbsp;&nbsp;10.00%, 12/15/28 (Call 06/15/25)<sup>(b)(c)</sup> | 280 | 219845 |
| Kobe U.S. Midco 2 Inc., 9.25%, 11/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 11/01/23), (10.00% PIK)<sup>(b)(c)(h)</sup> | 165 | 121960 |
| LG Chem Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 07/07/26<sup>(d)</sup> | 600 | 529806 |
| &nbsp;&nbsp;&nbsp;2.38%, 07/07/31<sup>(d)</sup> | 200 | 163366 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/15/24<sup>(d)</sup> | 200 | 193508 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/15/29<sup>(d)</sup> | 600 | 561414 |
| Linde Inc./CT |  |  |
| &nbsp;&nbsp;&nbsp;1.10%, 08/10/30 (Call 05/10/30) | 550 | 440935 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/10/50 (Call 02/10/50) | 665 | 402292 |
| &nbsp;&nbsp;&nbsp;2.65%, 02/05/25 (Call 11/05/24) | 505 | 487123 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/30/26 (Call 10/30/25) | 199 | 194632 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Chemicals (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.55%, 11/07/42 (Call 05/07/42) | $251 | $214477 |
| &nbsp;&nbsp;&nbsp;4.70%, 12/05/25 (Call 11/05/25) | 300 | 303729 |
| LSF11 A5 HoldCo LLC, 6.63%, 10/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 10/15/24)<sup>(b)</sup> | 275 | 227917 |
| Lubrizol Corp. (The), 6.50%, 10/01/34 | 120 | 142020 |
| LYB Finance Co. BV, 8.10%, 03/15/27<sup>(b)</sup> | 90 | 99377 |
| LYB International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/44 (Call 09/15/43) | 534 | 479756 |
| &nbsp;&nbsp;&nbsp;5.25%, 07/15/43 | 357 | 335894 |
| LYB International Finance III LLC |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 10/01/25 (Call 09/01/25) | 390 | 353555 |
| &nbsp;&nbsp;&nbsp;2.25%, 10/01/30 (Call 07/01/30) | 345 | 286988 |
| &nbsp;&nbsp;&nbsp;3.38%, 10/01/40 (Call 04/01/40) | 650 | 499427 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/01/51 (Call 04/01/50) | 591 | 434119 |
| &nbsp;&nbsp;&nbsp;3.80%, 10/01/60 (Call 04/01/60) | 510 | 368133 |
| &nbsp;&nbsp;&nbsp;4.20%, 10/15/49 (Call 04/15/49) | 685 | 556946 |
| &nbsp;&nbsp;&nbsp;4.20%, 05/01/50 (Call 11/01/49) | 969 | 786150 |
| LyondellBasell Industries NV |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 02/26/55 (Call 08/26/54) | 415 | 357477 |
| &nbsp;&nbsp;&nbsp;5.75%, 04/15/24 (Call 01/15/24) | 560 | 562845 |
| Mativ Holdings Inc., 6.88%, 10/01/26 (Call 10/01/23)<sup>(b)</sup> | 235 | 217370 |
| MEGlobal Canada ULC |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 05/18/25<sup>(d)</sup> | 600 | 596754 |
| &nbsp;&nbsp;&nbsp;5.88%, 05/18/30<sup>(d)</sup> | 600 | 622230 |
| Methanex Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 12/01/24 (Call 09/01/24) | 240 | 231830 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/15/27 (Call 04/15/27) | 445 | 425384 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/15/29 (Call 09/15/29) | 601 | 555384 |
| &nbsp;&nbsp;&nbsp;5.65%, 12/01/44 (Call 06/01/44) | 205 | 171470 |
| Minerals Technologies Inc., 5.00%, 07/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 07/01/23)<sup>(b)</sup> | 250 | 228630 |
| Mosaic Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;4.05%, 11/15/27 (Call 08/15/27) | 860 | 840151 |
| &nbsp;&nbsp;&nbsp;4.88%, 11/15/41 (Call 05/15/41) | 325 | 296641 |
| &nbsp;&nbsp;&nbsp;5.45%, 11/15/33 (Call 05/15/33) | 589 | 607318 |
| &nbsp;&nbsp;&nbsp;5.63%, 11/15/43 (Call 05/15/43) | 340 | 341506 |
| NewMarket Corp., 2.70%, 03/18/31 (Call 12/18/30) | 380 | 314526 |
| Nufarm Australia Ltd./Nufarm Americas Inc., 5.00%, 01/27/30 (Call 01/27/25)<sup>(b)</sup> | 200 | 182386 |
| Nutrien Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 05/13/30 (Call 02/13/30) | 546 | 487627 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/25 (Call 01/01/25) | 232 | 222817 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/13/50 (Call 11/13/49) | 305 | 250280 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/15/26 (Call 09/15/26) | 433 | 427566 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/15/35 (Call 09/15/34) | 209 | 190416 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/01/29 (Call 01/01/29) | 533 | 518188 |
| &nbsp;&nbsp;&nbsp;4.90%, 06/01/43 (Call 12/01/42) | 184 | 174200 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/01/49 (Call 10/01/48) | 561 | 539934 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/45 (Call 07/15/44) | 428 | 420874 |
| &nbsp;&nbsp;&nbsp;5.63%, 12/01/40 | 75 | 77058 |
| &nbsp;&nbsp;&nbsp;5.88%, 12/01/36 | 380 | 404396 |
| &nbsp;&nbsp;&nbsp;5.90%, 11/07/24 | 45 | 45719 |
| &nbsp;&nbsp;&nbsp;5.95%, 11/07/25 | 300 | 309192 |
| &nbsp;&nbsp;&nbsp;6.13%, 01/15/41 (Call 07/15/40) | 165 | 178490 |
| OCI NV, 4.63%, 10/15/25 (Call 10/15/23)<sup>(b)</sup> | 178 | 173397 |
| OCP SA |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 06/23/31 (Call 03/23/31)<sup>(d)</sup> | 600 | 507192 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/22/25<sup>(d)</sup> | 400 | 389336 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/23/51 (Call 12/23/50)<sup>(d)</sup> | 400 | 313084 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/25/24<sup>(d)</sup> | 400 | 398084 |
| &nbsp;&nbsp;&nbsp;6.88%, 04/25/44<sup>(d)</sup> | 200 | 193894 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Chemicals (continued)** |  |  |
| Olin Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 02/01/30 (Call 02/01/24) | $466 | $440463 |
| &nbsp;&nbsp;&nbsp;5.13%, 09/15/27 (Call 03/15/23) | 336 | 326226 |
| &nbsp;&nbsp;&nbsp;5.63%, 08/01/29 (Call 08/01/24) | 545 | 531299 |
| Olympus Water U.S. Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 10/01/28 (Call 10/01/24)<sup>(b)</sup> | 570 | 476503 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 10/01/29 (Call 10/01/24)<sup>(b)(c)</sup> | 265 | 219860 |
| Orbia Advance Corp. SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 05/11/26 (Call 04/11/26)<sup>(d)</sup> | 605 | 539031 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/11/31 (Call 02/11/31)<sup>(d)</sup> | 600 | 486708 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/04/27 (Call 07/04/27)<sup>(d)</sup> | 400 | 374392 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/48 (Call 07/15/47)<sup>(d)</sup> | 600 | 529434 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/17/44<sup>(c)(d)</sup> | 200 | 184060 |
| Polar U.S. Borrower LLC/Schenectady International Group Inc., 6.75%, 05/15/26 (Call 05/15/23)<sup>(b)(c)</sup> | 200 | 91488 |
| PPG Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.20%, 03/15/26 (Call 02/15/26) | 475 | 427700 |
| &nbsp;&nbsp;&nbsp;2.40%, 08/15/24 (Call 07/15/24) | 392 | 378354 |
| &nbsp;&nbsp;&nbsp;2.55%, 06/15/30 (Call 03/15/30) | 20 | 17313 |
| &nbsp;&nbsp;&nbsp;2.80%, 08/15/29 (Call 05/15/29) | 190 | 168562 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/15/28 (Call 12/15/27) | 286 | 279024 |
| Rain CII Carbon LLC/CII Carbon Corp., 7.25%, 04/01/25 (Call 04/01/23)<sup>(b)</sup> | 380 | 358226 |
| Rayonier AM Products Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/01/24 (Call 03/03/23)<sup>(b)(c)</sup> | 845 | 841037 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 01/15/26 (Call 01/15/24)<sup>(b)</sup> | 333 | 310562 |
| RPM International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 01/15/32 (Call 10/15/31) | 170 | 140027 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/15/27 (Call 12/15/26) | 530 | 506171 |
| &nbsp;&nbsp;&nbsp;4.25%, 01/15/48 (Call 07/15/47) | 180 | 143816 |
| &nbsp;&nbsp;&nbsp;4.55%, 03/01/29 (Call 12/01/28) | 225 | 213914 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/01/45 (Call 12/01/44) | 135 | 124068 |
| SABIC Capital I BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.15%, 09/14/30 (Call 06/14/30)<sup>(d)</sup> | 600 | 510252 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/14/50 (Call 03/14/50)<sup>(d)</sup> | 400 | 300000 |
| SABIC Capital II BV, 4.50%, 10/10/28<sup>(d)</sup> | 600 | 597342 |
| Sasol Financing USA LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 09/18/26 (Call 09/18/25)<sup>(c)</sup> | 600 | 551640 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/18/31 (Call 03/18/30) | 600 | 523698 |
| &nbsp;&nbsp;&nbsp;5.88%, 03/27/24 (Call 02/27/24) | 675 | 667420 |
| &nbsp;&nbsp;&nbsp;6.50%, 09/27/28 (Call 06/27/28) | 600 | 578640 |
| SCIH Salt Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/01/28 (Call 05/01/24)<sup>(b)</sup> | 785 | 690965 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 485 | 412968 |
| SCIL USA Holdings LLC, Class-H, 5.38%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | 480 | 442896 |
| Sherwin-Williams Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 03/15/32 (Call 12/15/31) | 510 | 419332 |
| &nbsp;&nbsp;&nbsp;2.30%, 05/15/30 (Call 02/15/30) | 370 | 316502 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/15/52 (Call 09/15/51) | 435 | 293068 |
| &nbsp;&nbsp;&nbsp;2.95%, 08/15/29 (Call 05/15/29) | 419 | 376945 |
| &nbsp;&nbsp;&nbsp;3.13%, 06/01/24 (Call 04/01/24) | 597 | 583621 |
| &nbsp;&nbsp;&nbsp;3.30%, 05/15/50 (Call 11/15/49) | 145 | 106426 |
| &nbsp;&nbsp;&nbsp;3.45%, 08/01/25 (Call 05/01/25) | 358 | 347758 |
| &nbsp;&nbsp;&nbsp;3.45%, 06/01/27 (Call 03/01/27) | 1086 | 1043060 |
| &nbsp;&nbsp;&nbsp;3.80%, 08/15/49 (Call 02/15/49) | 455 | 362808 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/15/26 (Call 10/15/25) | 410 | 403981 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/15/42 (Call 06/15/42) | 75 | 63027 |
| &nbsp;&nbsp;&nbsp;4.05%, 08/08/24 | 10 | 9888 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/08/25 | 180 | 177881 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/47 (Call 12/01/46) | 1129 | 1017466 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Chemicals (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.55%, 08/01/45 (Call 02/01/45) | $275 | $247893 |
| Sociedad Quimica y Minera de Chile SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/10/51 (Call 03/10/51)<sup>(d)</sup> | 600 | 439962 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/07/29 (Call 02/07/29)<sup>(d)</sup> | 400 | 387224 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/22/50 (Call 07/22/49)<sup>(d)</sup> | 200 | 169726 |
| Solvay Finance America LLC, 4.45%, 12/03/25 (Call 09/03/25)<sup>(b)</sup> | 200 | 195308 |
| SPCM SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 03/15/27 (Call 03/15/24)<sup>(b)</sup> | 235 | 207192 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/15/30 (Call 03/15/25)<sup>(b)</sup> | 220 | 186316 |
| Syngenta Finance NV, 4.89%, 04/24/25 (Call 02/24/25)<sup>(b)</sup> | 1480 | 1453626 |
| Trinseo Materials Operating SCA/Trinseo Materials Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 340 | 245538 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 09/01/25 (Call 09/01/23)<sup>(b)(c)</sup> | 426 | 372908 |
| Tronox Inc., 4.63%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 705 | 602775 |
| Unigel Luxembourg SA, 8.75%, 10/01/26 (Call 03/02/23)<sup>(d)</sup> | 400 | 404696 |
| UPL Corp. Ltd., 4.63%, 06/16/30<sup>(d)</sup> | 400 | 331904 |
| Valvoline Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/31 (Call 06/15/26)<sup>(b)</sup> | 355 | 298601 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | 508 | 499613 |
| Venator Finance Sarl/Venator Materials LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/25 (Call 07/15/23)<sup>(b)</sup> | 245 | 86157 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.50%, 07/01/25 (Call 07/08/23)<sup>(b)</sup> | 250 | 197978 |
| Vibrantz Technologies Inc., 9.00%, 02/15/30 (Call 02/15/25)<sup>(b)(c)</sup> | 500 | 387045 |
| Westlake Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 08/15/41 (Call 02/15/41) | 315 | 222066 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/15/51 (Call 02/15/51) | 515 | 343222 |
| &nbsp;&nbsp;&nbsp;3.38%, 06/15/30 (Call 03/15/30) | 250 | 224610 |
| &nbsp;&nbsp;&nbsp;3.38%, 08/15/61 (Call 02/15/61) | 360 | 233586 |
| &nbsp;&nbsp;&nbsp;3.60%, 08/15/26 (Call 05/15/26) | 786 | 750905 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/15/47 (Call 05/15/47) | 235 | 195041 |
| &nbsp;&nbsp;&nbsp;5.00%, 08/15/46 (Call 02/15/46) | 593 | 533552 |
| WR Grace Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/15/27 (Call 06/15/23)<sup>(b)</sup> | 560 | 522486 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 10/01/24<sup>(b)</sup> | 215 | 213906 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 08/15/29 (Call 08/15/24)<sup>(b)</sup> | 799 | 665543 |
| Yara International ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 06/04/30 (Call 03/04/30)<sup>(b)</sup> | 505 | 424064 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/01/28 (Call 03/01/28)<sup>(b)</sup> | 500 | 478480 |
| YPF SA, 9.00%, 06/30/29 (Call 12/30/28)<sup>(d)(g)</sup> | 416 | 361924 |
| YPF Sociedad Anonima, 7.00%, 09/30/33 (Call 03/30/33)<sup>(d)(g)</sup> | 475 | 354051 |
|  |  | 118161963 |
| **Coal — 0.0%** |  |  |
| Adaro Indonesia PT, 4.25%, 10/31/24 (Call 03/02/23)<sup>(d)</sup> | 500 | 482565 |
| Alliance Resource Operating Partners LP/Alliance Resource Finance Corp., 7.50%, 05/01/25 (Call 05/01/23)<sup>(b)</sup> | 265 | 263256 |
| China Shenhua Overseas Capital Co. Ltd., 3.88%, 01/20/25<sup>(d)</sup> | 400 | 389016 |
| Coronado Finance Pty Ltd., 10.75%, 05/15/26 (Call 05/15/23)<sup>(b)</sup> | 158 | 163470 |
| Indika Energy Capital IV Pte Ltd., 8.25%, 10/22/25 (Call 10/22/23)<sup>(d)</sup> | 400 | 401300 |
| SunCoke Energy Inc., 4.88%, 06/30/29 (Call 06/30/24)<sup>(b)</sup> | 300 | 264000 |
| Warrior Met Coal Inc., 7.88%, 12/01/28 (Call 12/01/24)<sup>(b)</sup> | 215 | 211902 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Coal (continued)** |  |  |
| Yankuang Group Cayman Ltd., 2.90%, 11/30/24<sup>(d)</sup> | $400 | $378940 |
|  |  | 2554449 |
| **Commercial Services — 0.6%** |  |  |
| Abu Dhabi Ports Co. PJSC, 2.50%, 05/06/31 (Call 02/06/31)<sup>(d)</sup> | 800 | 683936 |
| Adani Ports & Special Economic Zone Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.10%, 02/02/31<sup>(d)</sup> | 200 | 144148 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 07/24/24<sup>(d)</sup> | 200 | 181092 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.83%, 02/02/32 (Call 08/02/31)<sup>(d)</sup> | 200 | 145174 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/30/27 (Call 06/30/27)<sup>(d)</sup> | 400 | 323224 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 08/04/27 (Call 02/04/27)<sup>(d)</sup> | 1000 | 818570 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 07/03/29<sup>(d)</sup> | 440 | 352286 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/02/41 (Call 02/01/41)<sup>(d)</sup> | 200 | 141044 |
| ADT Security Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/01/29 (Call 08/01/28)<sup>(b)(c)</sup> | 570 | 507477 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/32<sup>(b)</sup> | 610 | 545383 |
| Adtalem Global Education Inc., 5.50%, 03/01/28 (Call 03/01/24)<sup>(b)</sup> | 313 | 291616 |
| Albion Financing 1 SARL/Aggreko Holdings Inc., 6.13%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 371 | 334008 |
| Albion Financing 2Sarl, 8.75%, 04/15/27 (Call 10/15/23)<sup>(b)</sup> | 300 | 255528 |
| Allied Universal Holdco LLC/Allied Universal Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/01/29 (Call 06/01/24)<sup>(b)(c)</sup> | 675 | 542599 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 07/15/26 (Call 07/15/23)<sup>(b)</sup> | 1260 | 1213241 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.75%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 714 | 682084 |
| Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl 4.63%, 06/01/28 (Call 06/01/24)<sup>(b)</sup> | 1410 | 1210419 |
| Alta Equipment Group Inc., 5.63%, 04/15/26 (Call 03/23/23)<sup>(b)</sup> | 185 | 172525 |
| American University (The), Series 2019, 3.67%, 04/01/49 | 60 | 49756 |
| AMN Healthcare Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 205 | 177897 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 10/01/27 (Call 10/01/23)<sup>(b)</sup> | 310 | 287550 |
| APi Escrow Corp., 4.75%, 10/15/29 (Call 10/15/24)<sup>(b)</sup> | 180 | 161863 |
| APi Group DE Inc., 4.13%, 07/15/29 (Call 07/15/24)<sup>(b)(c)</sup> | 230 | 199001 |
| Aptim Corp., 7.75%, 06/15/25 (Call 06/15/23)<sup>(b)</sup> | 363 | 258525 |
| APX Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/29 (Call 07/15/24)<sup>(b)</sup> | 555 | 480663 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 02/15/27 (Call 02/15/23)<sup>(b)</sup> | 410 | 401948 |
| Arrow Bidco LLC, 9.50%, 03/15/24 (Call 03/15/23)<sup>(b)</sup> | 175 | 175812 |
| ASGN Inc., 4.63%, 05/15/28 (Call 05/15/23)<sup>(b)</sup> | 340 | 311097 |
| Ashtead Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 08/12/26 (Call 07/12/26)<sup>(b)</sup> | 606 | 532989 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 08/12/31 (Call 05/12/31)<sup>(b)</sup> | 420 | 338881 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/01/28 (Call 05/01/23)<sup>(b)</sup> | 300 | 281880 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 11/01/29 (Call 11/01/24)<sup>(b)</sup> | 500 | 466235 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 08/15/27 (Call 08/15/23)<sup>(b)</sup> | 305 | 292318 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/11/32 (Call 05/11/32)<sup>(b)</sup> | 300 | 302250 |
| &nbsp;&nbsp;&nbsp;5.55%, 05/30/33 | 600 | 602268 |
| Atento Luxco 1 SA, 8.00%, 02/10/26 (Call 02/10/24)<sup>(d)</sup> | 350 | 190439 |
| Automatic Data Processing Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 09/01/30 (Call 06/01/30) | 1575 | 1277372 |
| &nbsp;&nbsp;&nbsp;1.70%, 05/15/28 (Call 03/15/28) | 310 | 276312 |
| &nbsp;&nbsp;&nbsp;3.38%, 09/15/25 (Call 06/15/25) | 501 | 489552 |
| Avis Budget Car Rental LLC/Avis Budget Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/01/28 (Call 04/01/24)<sup>(b)</sup> | 300 | 265266 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Commercial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 03/01/29 (Call 03/01/24)<sup>(b)(c)</sup> | $365 | $326533 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/27 (Call 07/15/23)<sup>(b)(c)</sup> | 280 | 263326 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 300 | 282108 |
| Bidvest Group UK PLC (The), 3.63%, 09/23/26 (Call 09/23/23)<sup>(d)</sup> | 600 | 551286 |
| Block Financial LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 07/15/28 (Call 05/15/28) | 322 | 282642 |
| &nbsp;&nbsp;&nbsp;3.88%, 08/15/30 (Call 05/15/30) | 280 | 252000 |
| &nbsp;&nbsp;&nbsp;5.25%, 10/01/25 (Call 07/01/25) | 284 | 285269 |
| Block Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 06/01/26 (Call 05/01/26)<sup>(c)</sup> | 670 | 609137 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/31 (Call 03/01/31) | 670 | 562143 |
| Brink's Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 379 | 355513 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/15/25 (Call 06/18/23)<sup>(b)</sup> | 340 | 335811 |
| Brown University in Providence in the State of Rhode Island and Providence Plant, Series A, 2.92%, 09/01/50 (Call 03/01/50) | 50 | 37928 |
| California Endowment (The), Series 2021, 2.50%, 04/01/51 (Call 10/01/50) | 210 | 141943 |
| California Institute of Technology |  |  |
| &nbsp;&nbsp;&nbsp;3.65%, 09/01/2119 (Call 03/01/19) | 206 | 147931 |
| &nbsp;&nbsp;&nbsp;4.32%, 08/01/45 | 295 | 275913 |
| &nbsp;&nbsp;&nbsp;4.70%, 11/01/2111 | 78 | 72275 |
| Carriage Services Inc., 4.25%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 395 | 324891 |
| Case Western Reserve University, 5.41%, 06/01/2122 (Call 12/01/21) | 140 | 142477 |
| Central Nippon Expressway Co. Ltd., 0.89%, 09/29/25<sup>(d)</sup> | 200 | 180228 |
| China Merchants Finance Co. Ltd., 4.75%, 08/03/25<sup>(d)</sup> | 200 | 197664 |
| Cimpress PLC, 7.00%, 06/15/26 (Call 06/15/23)<sup>(b)</sup> | 400 | 279792 |
| Cintas Corp. No. 2 |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 05/01/25 (Call 04/01/25) | 195 | 189990 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/01/27 (Call 01/01/27) | 1639 | 1598320 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/32 (Call 02/01/32) | 270 | 262281 |
| Claremont Mckenna College, 3.78%, 01/01/2122 (Call 07/01/21) | 213 | 146930 |
| CMHI Finance BVI Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/01/27 (Call 05/01/27)<sup>(d)</sup> | 200 | 195534 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/06/28<sup>(d)</sup> | 600 | 609102 |
| CoreCivic Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 10/15/27 (Call 07/15/27) | 230 | 201692 |
| &nbsp;&nbsp;&nbsp;8.25%, 04/15/26 (Call 04/15/24) | 376 | 386177 |
| CoreLogic Inc., 4.50%, 05/01/28 (Call 05/01/24)<sup>(b)</sup> | 535 | 424950 |
| CoStar Group Inc., 2.80%, 07/15/30 (Call 04/15/30)<sup>(b)</sup> | 1122 | 947316 |
| CPI CG Inc., 8.63%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 246 | 242787 |
| Deluxe Corp., 8.00%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 330 | 282586 |
| DP World Crescent Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/30/30 (Call 10/30/29)<sup>(d)</sup> | 200 | 189364 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/18/29<sup>(d)</sup> | 800 | 770576 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 09/26/28<sup>(d)</sup> | 800 | 811752 |
| DP World Ltd./United Arab Emirates |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 09/30/49 (Call 03/30/49)<sup>(d)</sup> | 600 | 537096 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 09/25/48<sup>(d)</sup> | 1000 | 1007490 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.85%, 07/02/37<sup>(b)</sup> | 920 | 1045571 |
| DP World Salaam, 6.00%, (Call 10/01/25)<sup>(a)(d)(f)</sup> | 900 | 900891 |
| Duke University |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.68%, 10/01/44 | 275 | 213417 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.76%, 10/01/50 | 10 | 7092 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.83%, 10/01/55 | 344 | 252892 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Commercial Services (continued)** |  |  |
| Element Fleet Management Corp., 3.85%, 06/15/25 (Call 05/15/25)<sup>(b)</sup> | $50 | $47971 |
| Emory University |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.14%, 09/01/30 (Call 06/01/30) | 25 | 20822 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.97%, 09/01/50 (Call 03/01/50) | 428 | 320080 |
| Equifax Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.35%, 09/15/31 (Call 06/15/31) | 745 | 612830 |
| &nbsp;&nbsp;&nbsp;2.60%, 12/01/24 (Call 11/01/24) | 630 | 605600 |
| &nbsp;&nbsp;&nbsp;2.60%, 12/15/25 (Call 11/15/25) | 843 | 791501 |
| &nbsp;&nbsp;&nbsp;3.10%, 05/15/30 (Call 02/15/30) | 578 | 507259 |
| &nbsp;&nbsp;&nbsp;5.10%, 12/15/27 (Call 11/15/27) | 275 | 279309 |
| ERAC USA Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 12/01/26 (Call 09/01/26)<sup>(b)</sup> | 678 | 638032 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 11/01/25 (Call 08/01/25)<sup>(b)</sup> | 570 | 550301 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 11/15/24 (Call 08/15/24)<sup>(b)</sup> | 480 | 467098 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 11/01/46 (Call 05/01/46)<sup>(b)</sup> | 430 | 364782 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/45 (Call 08/15/44)<sup>(b)</sup> | 271 | 242534 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 03/15/42<sup>(b)</sup> | 474 | 483139 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.70%, 06/01/34<sup>(b)</sup> | 78 | 85705 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 10/15/37<sup>(b)</sup> | 575 | 669426 |
| Experian Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 03/08/30 (Call 12/08/29)<sup>(b)</sup> | 935 | 801837 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/01/29 (Call 11/01/28)<sup>(b)</sup> | 320 | 301619 |
| Ford Foundation (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2020, 2.42%, 06/01/50 (Call 12/01/49)<sup>(c)</sup> | 80 | 55059 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.82%, 06/01/70 (Call 12/01/69) | 415 | 271103 |
| Garda World Security Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 02/15/27 (Call 02/15/23)<sup>(b)</sup> | 385 | 352283 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 345 | 288034 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 02/15/28 (Call 02/15/25)<sup>(b)</sup> | 265 | 268466 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.50%, 11/01/27 (Call 11/01/23)<sup>(b)</sup> | 547 | 542640 |
| Gartner Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 284 | 254970 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/01/30 (Call 10/01/25)<sup>(b)</sup> | 670 | 593560 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 571 | 542890 |
| GEMS MENASA Cayman Ltd./GEMS Education Delaware LLC, 7.13%, 07/31/26 (Call 03/02/23)<sup>(d)</sup> | 600 | 592620 |
| GEO Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;9.50%, 12/31/28 (Call 08/19/23)<sup>(b)</sup> | 170 | 164419 |
| &nbsp;&nbsp;&nbsp;10.50%, 06/30/28 (Call 06/30/23) | 133 | 136478 |
| George Washington University (The) |  |  |
| &nbsp;&nbsp;&nbsp;4.87%, 09/15/45 | 315 | 311718 |
| &nbsp;&nbsp;&nbsp;Series 2014, 4.30%, 09/15/44 | 200 | 182238 |
| &nbsp;&nbsp;&nbsp;Series 2018, 4.13%, 09/15/48 (Call 03/15/48) | 462 | 415089 |
| Georgetown University (The) |  |  |
| &nbsp;&nbsp;&nbsp;Series 20A, 2.94%, 04/01/50 | 522 | 363589 |
| &nbsp;&nbsp;&nbsp;Series A, 5.22%, 10/01/2118 (Call 04/01/18) | 190 | 178203 |
| &nbsp;&nbsp;&nbsp;Series B, 4.32%, 04/01/49 (Call 10/01/48) | 65 | 58029 |
| Global Payments Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.20%, 03/01/26 (Call 02/01/26) | 205 | 182386 |
| &nbsp;&nbsp;&nbsp;1.50%, 11/15/24 (Call 10/15/24) | 88 | 82587 |
| &nbsp;&nbsp;&nbsp;2.15%, 01/15/27 (Call 12/15/26) | 495 | 445540 |
| &nbsp;&nbsp;&nbsp;2.65%, 02/15/25 (Call 01/15/24) | 1012 | 965580 |
| &nbsp;&nbsp;&nbsp;2.90%, 05/15/30 (Call 02/15/30) | 560 | 480771 |
| &nbsp;&nbsp;&nbsp;2.90%, 11/15/31 (Call 08/15/31) | 870 | 725476 |
| &nbsp;&nbsp;&nbsp;3.20%, 08/15/29 (Call 05/15/29) | 842 | 747570 |
| &nbsp;&nbsp;&nbsp;4.15%, 08/15/49 (Call 02/15/49) | 571 | 445180 |
| &nbsp;&nbsp;&nbsp;4.45%, 06/01/28 (Call 03/01/28) | 172 | 166026 |
| &nbsp;&nbsp;&nbsp;4.80%, 04/01/26 (Call 01/01/26) | 762 | 756818 |
| &nbsp;&nbsp;&nbsp;4.95%, 08/15/27 (Call 07/15/27) | 445 | 445534 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Commercial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.30%, 08/15/29 (Call 06/15/29) | $275 | $275938 |
| &nbsp;&nbsp;&nbsp;5.40%, 08/15/32 (Call 05/15/32) | 135 | 135487 |
| &nbsp;&nbsp;&nbsp;5.95%, 08/15/52 (Call 02/15/52) | 465 | 458750 |
| Graham Holdings Co., 5.75%, 06/01/26 (Call 06/01/23)<sup>(b)</sup> | 270 | 266892 |
| Grand Canyon University |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 10/01/24 | 250 | 237660 |
| &nbsp;&nbsp;&nbsp;4.38%, 10/01/26 | 150 | 139067 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/01/28 (Call 08/01/28) | 305 | 289100 |
| GXO Logistics Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 07/15/26 (Call 06/15/26) | 946 | 823938 |
| &nbsp;&nbsp;&nbsp;2.65%, 07/15/31 (Call 04/15/31) | 450 | 352570 |
| HealthEquity Inc., 4.50%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 400 | 357908 |
| Herc Holdings Inc., 5.50%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 966 | 925264 |
| Hertz Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/01/26 (Call 12/01/23)<sup>(b)</sup> | 492 | 437137 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 675 | 551664 |
| Howard University, 5.21%, 10/01/52 (Call 10/01/32) | 135 | 112119 |
| HPHT Finance 19 Ltd., 2.88%, 11/05/24<sup>(d)</sup> | 600 | 576840 |
| HPHT Finance 21 II Ltd., 1.50%, 09/17/26 (Call 08/17/26)<sup>(d)</sup> | 400 | 353560 |
| HPHT Finance 21 Ltd., 2.00%, 03/19/26 (Call 02/19/26)<sup>(d)</sup> | 600 | 547470 |
| Hutama Karya Persero PT, 3.75%, 05/11/30 (Call 02/11/30)<sup>(d)</sup> | 450 | 415651 |
| Johns Hopkins University |  |  |
| &nbsp;&nbsp;&nbsp;4.71%, 07/01/32 (Call 04/01/32) | 220 | 227687 |
| &nbsp;&nbsp;&nbsp;Series 2013, 4.08%, 07/01/53 | 245 | 220054 |
| &nbsp;&nbsp;&nbsp;Series A, 2.81%, 01/01/60 (Call 07/01/59) | 203 | 134983 |
| Korn Ferry, 4.63%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 180 | 169252 |
| Legends Hospitality Holding Co. LLC/Legends Hospitality Co-Issuer Inc., 5.00%, 02/01/26 (Call 02/01/23)<sup>(b)</sup> | 250 | 230580 |
| Leland Stanford Junior University (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.29%, 06/01/27 (Call 04/01/27) | 281 | 248899 |
| &nbsp;&nbsp;&nbsp;2.41%, 06/01/50 (Call 12/01/49) | 340 | 236501 |
| &nbsp;&nbsp;&nbsp;3.65%, 05/01/48 (Call 11/01/47) | 370 | 326259 |
| Massachusetts Institute of Technology |  |  |
| &nbsp;&nbsp;&nbsp;3.07%, 04/01/52 (Call 10/01/51) | 357 | 284597 |
| &nbsp;&nbsp;&nbsp;3.89%, 07/01/2116 | 133 | 105944 |
| &nbsp;&nbsp;&nbsp;3.96%, 07/01/38 | 200 | 189824 |
| &nbsp;&nbsp;&nbsp;4.68%, 07/01/2114 | 338 | 321908 |
| &nbsp;&nbsp;&nbsp;5.60%, 07/01/2111 | 394 | 447178 |
| &nbsp;&nbsp;&nbsp;Series F, 2.99%, 07/01/50 (Call 01/01/50) | 275 | 216689 |
| &nbsp;&nbsp;&nbsp;Series G, 2.29%, 07/01/51 (Call 01/01/51) | 486 | 328060 |
| Mersin Uluslararasi Liman Isletmeciligi AS, 5.38%, 11/15/24 (Call 03/02/23)<sup>(d)</sup> | 400 | 385872 |
| Metis Merger Sub LLC, 6.50%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 475 | 404947 |
| MoneyGram International Inc., 5.38%, 08/01/26 (Call 08/01/23)<sup>(b)</sup> | 251 | 255440 |
| Moody's Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 08/19/31 (Call 05/19/31) | 370 | 305039 |
| &nbsp;&nbsp;&nbsp;2.75%, 08/19/41 (Call 02/19/41) | 435 | 321939 |
| &nbsp;&nbsp;&nbsp;3.10%, 11/29/61 (Call 05/29/61) | 490 | 332666 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/28 (Call 10/15/27) | 1117 | 1055643 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/20/50 (Call 11/20/49) | 475 | 358278 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/24/25 (Call 02/24/25) | 130 | 127318 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/25/52 (Call 08/25/51) | 285 | 235011 |
| &nbsp;&nbsp;&nbsp;4.25%, 02/01/29 (Call 11/01/28) | 155 | 152264 |
| &nbsp;&nbsp;&nbsp;4.88%, 02/15/24 (Call 11/15/23) | 319 | 318340 |
| &nbsp;&nbsp;&nbsp;4.88%, 12/17/48 (Call 06/17/48) | 460 | 440754 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Commercial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 07/15/44 | $534 | $544349 |
| Movida Europe SA, 5.25%, 02/08/31 (Call 02/08/26)<sup>(d)</sup> | 600 | 438996 |
| MPH Acquisition Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/01/28 (Call 09/01/24)<sup>(b)</sup> | 705 | 585615 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 11/01/28 (Call 11/01/23)<sup>(b)</sup> | 925 | 671809 |
| Neptune Bidco U.S. Inc., 9.29%, 04/15/29 (Call 10/15/25)<sup>(b)</sup> | 1425 | 1386767 |
| NESCO Holdings II Inc., 5.50%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 615 | 553457 |
| Northeastern University, Series 2020, 2.89%, 10/01/50 | 353 | 251428 |
| Northwestern University |  |  |
| &nbsp;&nbsp;&nbsp;4.64%, 12/01/44 | 338 | 339893 |
| &nbsp;&nbsp;&nbsp;Series 2017, 3.66%, 12/01/57 (Call 06/01/57) | 494 | 420063 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.64%, 12/01/50 (Call 06/01/50) | 103 | 73584 |
| PayPal Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 06/01/25 (Call 05/01/25) | 712 | 666361 |
| &nbsp;&nbsp;&nbsp;2.30%, 06/01/30 (Call 03/01/30) | 1230 | 1047616 |
| &nbsp;&nbsp;&nbsp;2.40%, 10/01/24 (Call 09/01/24) | 1202 | 1160002 |
| &nbsp;&nbsp;&nbsp;2.65%, 10/01/26 (Call 08/01/26) | 742 | 700307 |
| &nbsp;&nbsp;&nbsp;2.85%, 10/01/29 (Call 07/01/29) | 1479 | 1330834 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/01/50 (Call 12/01/49) | 718 | 535355 |
| &nbsp;&nbsp;&nbsp;4.40%, 06/01/32 (Call 03/01/32) | 458 | 448753 |
| &nbsp;&nbsp;&nbsp;5.05%, 06/01/52 (Call 12/01/51) | 420 | 409118 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/01/62 (Call 12/01/61) | 645 | 636402 |
| Paysafe Finance PLC/Paysafe Holdings U.S. Corp., 4.00%, 06/15/29 (Call 06/15/24)<sup>(b)(c)</sup> | 300 | 238500 |
| PECF USS Intermediate Holding III Corp., 8.00%, 11/15/29 (Call 11/15/24)<sup>(b)(c)</sup> | 425 | 324266 |
| Picasso Finance Sub Inc., 6.13%, 06/15/25 (Call 06/15/23)<sup>(b)</sup> | 457 | 458942 |
| Port of Newcastle Investments Financing Pty Ltd., 5.90%, 11/24/31 (Call 08/24/31)<sup>(b)</sup> | 30 | 26062 |
| President and Fellows of Harvard College |  |  |
| &nbsp;&nbsp;&nbsp;2.52%, 10/15/50 (Call 04/15/50) | 276 | 195731 |
| &nbsp;&nbsp;&nbsp;3.15%, 07/15/46 (Call 01/15/46) | 621 | 508090 |
| &nbsp;&nbsp;&nbsp;3.30%, 07/15/56 (Call 01/15/56) | 601 | 481355 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/15/39<sup>(b)</sup> | 115 | 141793 |
| Prime Security Services Borrower LLC/Prime Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 08/31/27 (Call 08/31/26)<sup>(b)</sup> | 870 | 774039 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/24<sup>(b)</sup> | 410 | 406605 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/15/26<sup>(b)</sup> | 900 | 886356 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 980 | 929324 |
| PROG Holdings Inc., 6.00%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 395 | 334770 |
| PSA Treasury Pte Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 04/30/30 (Call 01/30/30)<sup>(d)</sup> | 800 | 689512 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/12/26 (Call 10/12/25)<sup>(d)</sup> | 200 | 188374 |
| Quanta Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.95%, 10/01/24 (Call 03/03/23) | 15 | 13954 |
| &nbsp;&nbsp;&nbsp;2.35%, 01/15/32 (Call 10/15/31) | 430 | 343927 |
| &nbsp;&nbsp;&nbsp;2.90%, 10/01/30 (Call 07/01/30) | 905 | 776001 |
| &nbsp;&nbsp;&nbsp;3.05%, 10/01/41 (Call 04/01/41) | 400 | 284444 |
| RELX Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 05/22/30 (Call 02/22/30) | 934 | 828626 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/18/29 (Call 12/18/28) | 786 | 750551 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/20/32 (Call 02/20/32) | 80 | 79671 |
| Rent-A-Center Inc./TX, 6.38%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 292 | 248147 |
| Ritchie Bros. Auctioneers Inc., 5.38%, 01/15/25 (Call 03/03/23)<sup>(b)</sup> | 380 | 377180 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Commercial Services (continued)** |  |  |
| Rockefeller Foundation (The), Series 2020, 2.49%, 10/01/50 (Call 04/01/50) | $389 | $265026 |
| RR Donnelley & Sons Co. |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 04/01/24 | 1 | 873 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 04/15/29<sup>(b)</sup> | 150 | 168000 |
| S&P Global Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 08/15/30 (Call 05/15/30) | 681 | 543792 |
| &nbsp;&nbsp;&nbsp;2.30%, 08/15/60 (Call 02/15/60) | 1168 | 707084 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 03/01/27 (Call 02/01/27)<sup>(b)</sup> | 60 | 55770 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/01/29 (Call 09/01/29) | 630 | 558243 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 03/01/29 (Call 01/01/29)<sup>(b)</sup> | 200 | 181252 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.90%, 03/01/32 (Call 12/01/31)<sup>(b)</sup> | 245 | 216984 |
| &nbsp;&nbsp;&nbsp;2.95%, 01/22/27 (Call 10/22/26) | 270 | 257253 |
| &nbsp;&nbsp;&nbsp;3.25%, 12/01/49 (Call 06/01/49) | 859 | 670106 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 03/01/52 (Call 09/01/51)<sup>(b)</sup> | 325 | 274267 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 03/01/62 (Call 09/01/61)<sup>(b)</sup> | 55 | 46561 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/01/29 (Call 02/02/29)<sup>(b)</sup> | 508 | 499577 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/01/28 (Call 05/01/28)<sup>(b)</sup> | 415 | 420233 |
| Sabre GLBL Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 09/01/25 (Call 03/03/23)<sup>(b)</sup> | 575 | 568180 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.25%, 04/15/25 (Call 03/16/25)<sup>(b)</sup> | 525 | 536177 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.25%, 12/15/27 (Call 06/15/25)<sup>(b)</sup> | 545 | 577673 |
| Service Corp. International/U.S. |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 08/15/30 (Call 08/15/25) | 570 | 481285 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/15/31 (Call 05/15/26) | 535 | 468435 |
| &nbsp;&nbsp;&nbsp;4.63%, 12/15/27 (Call 12/15/23) | 375 | 358342 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/01/29 (Call 06/01/24) | 470 | 451599 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/01/27<sup>(c)</sup> | 240 | 248707 |
| Shanghai Port Group BVI Development 2 Co. Ltd., 2.38%, 07/13/30 (Call 04/13/30)<sup>(d)</sup> | 1000 | 855800 |
| Shanghai Port Group BVI Development Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.40%, 09/11/24<sup>(d)</sup> | 400 | 384888 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 06/18/29<sup>(d)</sup> | 300 | 278580 |
| Shift4 Payments LLC/Shift4 Payments Finance Sub Inc., 4.63%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | 285 | 269895 |
| Signal Parent Inc., 6.13%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 190 | 73640 |
| Sodexo Inc., 2.72%, 04/16/31 (Call 01/16/31)<sup>(b)</sup> | 210 | 174636 |
| Sotheby's, 7.38%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 510 | 493160 |
| Sotheby's/Bidfair Holdings Inc., 5.88%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 185 | 157883 |
| StoneCo Ltd., 3.95%, 06/16/28 (Call 05/16/28)<sup>(d)</sup> | 400 | 303240 |
| StoneMor Inc., 8.50%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 343 | 279202 |
| Thomas Jefferson University, 3.85%, 11/01/57 (Call 05/01/57) | 287 | 224836 |
| Transurban Finance Co. Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 03/16/31 (Call 12/16/30)<sup>(b)(c)</sup> | 365 | 296314 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/22/27 (Call 12/22/26)<sup>(b)</sup> | 235 | 219647 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/02/26 (Call 11/02/25)<sup>(b)</sup> | 35 | 34010 |
| TriNet Group Inc., 3.50%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 325 | 272252 |
| Triton Container International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.15%, 06/07/24 (Call 05/07/24)<sup>(b)</sup> | 1503 | 1401277 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 06/15/31 (Call 03/15/31)<sup>(b)</sup> | 765 | 622809 |
| Triton Container International Ltd./TAL International Container Corp., 3.25%, 03/15/32 (Call 12/15/31) | 55 | 44673 |
| Trustees of Boston College, 3.13%, 07/01/52 | 195 | 145566 |
| Trustees of Boston University, Series CC, 4.06%, 10/01/48 (Call 04/01/48) | 357 | 327012 |
| Trustees of Princeton University (The) |  |  |
| &nbsp;&nbsp;&nbsp;4.20%, 03/01/52 (Call 09/01/51) | 200 | 195026 |
| &nbsp;&nbsp;&nbsp;5.70%, 03/01/39 | 317 | 361158 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.52%, 07/01/50 (Call 01/01/50) | 568 | 406495 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Commercial Services (continued)** |  |  |
| Trustees of the University of Pennsylvania (The) |  |  |
| &nbsp;&nbsp;&nbsp;3.61%, 02/15/2119 (Call 08/15/18) | $255 | $185161 |
| &nbsp;&nbsp;&nbsp;4.67%, 09/01/2112 | 15 | 14012 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.40%, 10/01/50 (Call 04/01/50) | 240 | 163865 |
| United Rentals North America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 01/15/32 (Call 07/15/26) | 575 | 497191 |
| &nbsp;&nbsp;&nbsp;3.88%, 11/15/27 (Call 03/03/23) | 514 | 488084 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/15/31 (Call 08/15/25) | 731 | 647169 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/15/30 (Call 07/15/25) | 525 | 472495 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/15/28 (Call 01/15/24) | 1290 | 1249700 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/30 (Call 01/15/25) | 500 | 483910 |
| &nbsp;&nbsp;&nbsp;5.50%, 05/15/27 (Call 05/15/23) | 275 | 273322 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 12/15/29 (Call 12/15/25)<sup>(b)</sup> | 760 | 773171 |
| University of Chicago (The) |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/52 (Call 04/01/52) | 155 | 114455 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/01/53 (Call 04/01/53) | 555 | 491996 |
| &nbsp;&nbsp;&nbsp;Series 20B, 2.76%, 04/01/45 (Call 10/01/44) | 85 | 68258 |
| &nbsp;&nbsp;&nbsp;Series C, 2.55%, 04/01/50 (Call 10/01/49) | 261 | 186404 |
| University of Miami, 4.06%, 04/01/52 | 61 | 54187 |
| University of Notre Dame du Lac |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015, 3.44%, 02/15/45 | 399 | 339326 |
| &nbsp;&nbsp;&nbsp;Series 2017, 3.39%, 02/15/48 (Call 08/15/47) | 360 | 300784 |
| University of Southern California |  |  |
| &nbsp;&nbsp;&nbsp;2.81%, 10/01/50 (Call 04/01/50) | 290 | 207988 |
| &nbsp;&nbsp;&nbsp;3.03%, 10/01/39 | 738 | 618363 |
| &nbsp;&nbsp;&nbsp;5.25%, 10/01/2111 | 225 | 233861 |
| &nbsp;&nbsp;&nbsp;Series 2017, 3.84%, 10/01/47 (Call 04/01/47) | 408 | 358049 |
| &nbsp;&nbsp;&nbsp;Series 21A, 2.95%, 10/01/51 (Call 04/01/51) | 150 | 109670 |
| &nbsp;&nbsp;&nbsp;Series A, 3.23%, 10/01/2120 (Call 04/01/20) | 173 | 112633 |
| Verisk Analytics Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 05/15/50 (Call 11/15/49) | 600 | 452862 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/15/25 (Call 03/15/25) | 264 | 258498 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/15/29 (Call 12/15/28) | 672 | 641854 |
| &nbsp;&nbsp;&nbsp;5.50%, 06/15/45 (Call 12/15/44) | 399 | 401238 |
| Verscend Escrow Corp., 9.75%, 08/15/26 (Call 08/15/23)<sup>(b)</sup> | 660 | 662950 |
| WASH Multifamily Acquisition Inc., 5.75%, 04/15/26 (Call 04/15/23)<sup>(b)</sup> | 510 | 472132 |
| Washington University (The) |  |  |
| &nbsp;&nbsp;&nbsp;3.52%, 04/15/54 (Call 10/15/53) | 375 | 316500 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/15/2122 (Call 10/15/21) | 99 | 86369 |
| William Marsh Rice University |  |  |
| &nbsp;&nbsp;&nbsp;3.57%, 05/15/45 | 365 | 319744 |
| &nbsp;&nbsp;&nbsp;3.77%, 05/15/55 | 300 | 266997 |
| Williams Scotsman International Inc., 4.63%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 400 | 370724 |
| WK Kellogg Foundation Trust, 2.44%, 10/01/50 (Call 04/01/50)<sup>(b)</sup> | 25 | 16432 |
| WW International Inc., 4.50%, 04/15/29 (Call 04/15/24)<sup>(b)(c)</sup> | 345 | 185179 |
| Yale University |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020, 0.87%, 04/15/25 (Call 03/15/25) | 220 | 203850 |
| &nbsp;&nbsp;&nbsp;Series 2020, 1.48%, 04/15/30 (Call 01/15/30) | 428 | 353609 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.40%, 04/15/50 (Call 10/15/49) | 413 | 285445 |
| Zhejiang Seaport International Co. Ltd., 1.98%, 03/17/26<sup>(d)</sup> | 600 | 550464 |
| ZipRecruiter Inc., 5.00%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | 360 | 314824 |
|  |  | 121406558 |
| **Computers — 0.6%** |  |  |
| Ahead DB Holdings LLC, 6.63%, 05/01/28 (Call 05/01/24)<sup>(b)</sup> | 245 | 207128 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Computers (continued)** |  |  |
| Amdocs Ltd., 2.54%, 06/15/30 (Call 03/15/30) | $617 | $522198 |
| Apple Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.55%, 08/20/25 (Call 07/20/25) | 1341 | 1220015 |
| &nbsp;&nbsp;&nbsp;0.70%, 02/08/26 (Call 01/08/26) | 1585 | 1428624 |
| &nbsp;&nbsp;&nbsp;1.13%, 05/11/25 (Call 04/11/25) | 1361 | 1267908 |
| &nbsp;&nbsp;&nbsp;1.20%, 02/08/28 (Call 12/08/27) | 1572 | 1367892 |
| &nbsp;&nbsp;&nbsp;1.25%, 08/20/30 (Call 05/20/30) | 906 | 736424 |
| &nbsp;&nbsp;&nbsp;1.40%, 08/05/28 (Call 06/05/28) | 725 | 629641 |
| &nbsp;&nbsp;&nbsp;1.65%, 05/11/30 (Call 02/11/30) | 1672 | 1408309 |
| &nbsp;&nbsp;&nbsp;1.65%, 02/08/31 (Call 11/08/30) | 2071 | 1718909 |
| &nbsp;&nbsp;&nbsp;1.70%, 08/05/31 (Call 05/05/31) | 688 | 566912 |
| &nbsp;&nbsp;&nbsp;1.80%, 09/11/24 (Call 08/11/24) | 1315 | 1260454 |
| &nbsp;&nbsp;&nbsp;2.05%, 09/11/26 (Call 07/11/26) | 1890 | 1754374 |
| &nbsp;&nbsp;&nbsp;2.20%, 09/11/29 (Call 06/11/29) | 1406 | 1247389 |
| &nbsp;&nbsp;&nbsp;2.38%, 02/08/41 (Call 08/08/40) | 648 | 482812 |
| &nbsp;&nbsp;&nbsp;2.40%, 08/20/50 (Call 02/20/50) | 1042 | 703881 |
| &nbsp;&nbsp;&nbsp;2.45%, 08/04/26 (Call 05/04/26) | 1296 | 1222854 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/09/25 | 798 | 770222 |
| &nbsp;&nbsp;&nbsp;2.55%, 08/20/60 (Call 02/20/60) | 1225 | 799533 |
| &nbsp;&nbsp;&nbsp;2.65%, 05/11/50 (Call 11/11/49) | 1843 | 1304162 |
| &nbsp;&nbsp;&nbsp;2.65%, 02/08/51 (Call 08/08/50) | 1915 | 1354958 |
| &nbsp;&nbsp;&nbsp;2.70%, 08/05/51 (Call 02/05/51) | 1095 | 779531 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/13/25 (Call 11/13/24) | 725 | 703410 |
| &nbsp;&nbsp;&nbsp;2.80%, 02/08/61 (Call 02/08/60) | 1310 | 896485 |
| &nbsp;&nbsp;&nbsp;2.85%, 05/11/24 (Call 03/11/24) | 1692 | 1656485 |
| &nbsp;&nbsp;&nbsp;2.85%, 08/05/61 (Call 02/05/61) | 710 | 494146 |
| &nbsp;&nbsp;&nbsp;2.90%, 09/12/27 (Call 06/12/27) | 1166 | 1106907 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/11/49 (Call 03/11/49) | 1225 | 927496 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/09/24 (Call 12/09/23) | 1158 | 1138569 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/20/27 (Call 03/20/27) | 777 | 744521 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/13/27 (Call 08/13/27) | 969 | 923757 |
| &nbsp;&nbsp;&nbsp;3.20%, 05/13/25 | 1445 | 1411144 |
| &nbsp;&nbsp;&nbsp;3.20%, 05/11/27 (Call 02/11/27) | 1904 | 1839055 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/23/26 (Call 11/23/25) | 2670 | 2593985 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/08/29 (Call 06/08/29) | 1045 | 992802 |
| &nbsp;&nbsp;&nbsp;3.35%, 02/09/27 (Call 11/09/26) | 2000 | 1945000 |
| &nbsp;&nbsp;&nbsp;3.35%, 08/08/32 (Call 05/08/32) | 940 | 878204 |
| &nbsp;&nbsp;&nbsp;3.45%, 05/06/24 | 1025 | 1014688 |
| &nbsp;&nbsp;&nbsp;3.45%, 02/09/45 | 1339 | 1142421 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/12/47 (Call 03/12/47) | 397 | 349201 |
| &nbsp;&nbsp;&nbsp;3.75%, 11/13/47 (Call 05/13/47) | 1033 | 908121 |
| &nbsp;&nbsp;&nbsp;3.85%, 05/04/43 | 2202 | 1999834 |
| &nbsp;&nbsp;&nbsp;3.85%, 08/04/46 (Call 02/04/46) | 1491 | 1338948 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/08/52 (Call 02/08/52) | 1140 | 1023526 |
| &nbsp;&nbsp;&nbsp;4.10%, 08/08/62 (Call 02/08/62) | 740 | 660191 |
| &nbsp;&nbsp;&nbsp;4.25%, 02/09/47 (Call 08/09/46) | 988 | 949359 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/13/45 | 1424 | 1385609 |
| &nbsp;&nbsp;&nbsp;4.45%, 05/06/44 | 972 | 970299 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/23/36 (Call 08/23/35) | 1070 | 1095733 |
| &nbsp;&nbsp;&nbsp;4.65%, 02/23/46 (Call 08/23/45) | 2832 | 2852277 |
| Booz Allen Hamilton Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/01/28 (Call 09/01/23)<sup>(b)</sup> | 440 | 397390 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/29 (Call 07/01/24)<sup>(b)</sup> | 324 | 291065 |
| CA Magnum Holdings, 5.38%, 10/31/26 (Call 10/31/23)<sup>(d)</sup> | 600 | 560862 |
| CGI Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 09/14/26 (Call 08/14/26) | 430 | 385216 |
| &nbsp;&nbsp;&nbsp;2.30%, 09/14/31 (Call 06/14/31) | 400 | 314288 |
| Condor Merger Sub Inc., 7.38%, 02/15/30 (Call 02/15/25)<sup>(b)(c)</sup> | 1435 | 1186659 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Computers (continued)** |  |  |
| Conduent Business Services LLC/Conduent State & Local Solutions Inc., 6.00%, 11/01/29 (Call 11/01/24)<sup>(b)</sup> | $341 | $303603 |
| Crowdstrike Holdings Inc., 3.00%, 02/15/29 (Call 02/15/24) | 529 | 454713 |
| Dell Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 04/15/38 | 345 | 358973 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.10%, 04/15/28<sup>(c)</sup> | 725 | 796456 |
| Dell International LLC/EMC Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 12/15/41 (Call 06/15/41)<sup>(b)</sup> | 805 | 579077 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 12/15/51 (Call 06/15/51)<sup>(b)</sup> | 990 | 657726 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/15/24 (Call 06/15/24) | 683 | 674353 |
| &nbsp;&nbsp;&nbsp;4.90%, 10/01/26 (Call 08/01/26) | 574 | 571652 |
| &nbsp;&nbsp;&nbsp;5.30%, 10/01/29 (Call 07/01/29) | 1308 | 1320164 |
| &nbsp;&nbsp;&nbsp;5.75%, 02/01/33 | 200 | 199986 |
| &nbsp;&nbsp;&nbsp;5.85%, 07/15/25 (Call 06/15/25) | 1050 | 1070338 |
| &nbsp;&nbsp;&nbsp;6.02%, 06/15/26 (Call 03/15/26) | 1621 | 1667312 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.10%, 07/15/27 (Call 05/15/27)<sup>(c)</sup> | 431 | 451809 |
| &nbsp;&nbsp;&nbsp;6.20%, 07/15/30 (Call 04/15/30) | 478 | 504481 |
| &nbsp;&nbsp;&nbsp;8.10%, 07/15/36 (Call 01/15/36) | 867 | 1014771 |
| &nbsp;&nbsp;&nbsp;8.35%, 07/15/46 (Call 01/15/46) | 646 | 780620 |
| Diebold Nixdorf Inc. |  |  |
| &nbsp;&nbsp;&nbsp;8.50%, 10/15/26 | 269 | 139291 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.38%, 07/15/25 (Call 02/16/23)<sup>(b)</sup> | 478 | 314557 |
| DXC Technology Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 09/15/26 (Call 08/15/26) | 360 | 318096 |
| &nbsp;&nbsp;&nbsp;2.38%, 09/15/28 (Call 07/15/28) | 405 | 348377 |
| Exela Intermediate LLC/Exela Finance Inc., 11.50%, 07/15/26 (Call 03/03/23)<sup>(b)</sup> | 495 | 60246 |
| Fortinet Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 03/15/26 (Call 02/15/26) | 898 | 799400 |
| &nbsp;&nbsp;&nbsp;2.20%, 03/15/31 (Call 12/15/30) | 692 | 568111 |
| Genpact Luxembourg Sarl, 3.38%, 12/01/24 (Call 11/01/24) | 59 | 56804 |
| Genpact Luxembourg SARL/Genpact USA Inc., 1.75%, 04/10/26 (Call 03/10/26). | 60 | 54192 |
| HCL America Inc., 1.38%, 03/10/26 (Call 02/10/26)<sup>(d)</sup> | 400 | 356856 |
| Hewlett Packard Enterprise Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 04/01/24 (Call 03/01/24) | 1040 | 1000220 |
| &nbsp;&nbsp;&nbsp;1.75%, 04/01/26 (Call 03/01/26) | 343 | 312754 |
| &nbsp;&nbsp;&nbsp;4.90%, 10/15/25 (Call 07/15/25) | 2015 | 2014657 |
| &nbsp;&nbsp;&nbsp;6.20%, 10/15/35 (Call 04/15/35) | 844 | 912794 |
| &nbsp;&nbsp;&nbsp;6.35%, 10/15/45 (Call 04/15/45) | 1175 | 1237369 |
| HP Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 06/17/26 (Call 05/17/26) | 875 | 780999 |
| &nbsp;&nbsp;&nbsp;2.20%, 06/17/25 (Call 05/17/25) | 690 | 649435 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/17/31 (Call 03/17/31) | 912 | 740024 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/17/27 (Call 04/17/27)<sup>(c)</sup> | 799 | 743126 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/17/30 (Call 03/17/30) | 823 | 729310 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 02/15/29) | 425 | 401141 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/15/32 (Call 01/15/32) | 400 | 357072 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 12/15/27) | 450 | 447282 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/15/33 (Call 10/15/32) | 395 | 388005 |
| &nbsp;&nbsp;&nbsp;6.00%, 09/15/41 | 975 | 990385 |
| International Business Machines Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 05/15/27 (Call 03/15/27) | 1054 | 943604 |
| &nbsp;&nbsp;&nbsp;1.95%, 05/15/30 (Call 02/15/30) | 1438 | 1207920 |
| &nbsp;&nbsp;&nbsp;2.72%, 02/09/32 (Call 11/09/31) | 335 | 290666 |
| &nbsp;&nbsp;&nbsp;2.85%, 05/15/40 (Call 11/15/39) | 993 | 756795 |
| &nbsp;&nbsp;&nbsp;2.95%, 05/15/50 (Call 11/15/49) | 810 | 570426 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/24 | 1297 | 1267364 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Computers (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.30%, 05/15/26 | $1945 | $1877411 |
| &nbsp;&nbsp;&nbsp;3.30%, 01/27/27 | 403 | 386824 |
| &nbsp;&nbsp;&nbsp;3.43%, 02/09/52 (Call 08/09/51) | 230 | 174536 |
| &nbsp;&nbsp;&nbsp;3.45%, 02/19/26 | 1012 | 984109 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/15/29 | 715 | 672029 |
| &nbsp;&nbsp;&nbsp;3.63%, 02/12/24 | 1482 | 1462645 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/20/42 | 825 | 719128 |
| &nbsp;&nbsp;&nbsp;4.15%, 07/27/27 (Call 06/27/27) | 695 | 689183 |
| &nbsp;&nbsp;&nbsp;4.15%, 05/15/39 | 1311 | 1186193 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/15/49 | 1200 | 1062936 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 07/27/32 (Call 04/27/32)<sup>(c)</sup> | 540 | 531236 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/06/26 | 530 | 530541 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/06/28 | 530 | 530970 |
| &nbsp;&nbsp;&nbsp;4.70%, 02/19/46 | 972 | 908392 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/06/33 | 530 | 532385 |
| &nbsp;&nbsp;&nbsp;4.90%, 07/27/52 (Call 01/27/52) | 200 | 194574 |
| &nbsp;&nbsp;&nbsp;5.10%, 02/06/53 | 530 | 529104 |
| &nbsp;&nbsp;&nbsp;5.60%, 11/30/39 | 335 | 358654 |
| &nbsp;&nbsp;&nbsp;5.88%, 11/29/32 | 238 | 261276 |
| &nbsp;&nbsp;&nbsp;6.22%, 08/01/27 | 594 | 639340 |
| &nbsp;&nbsp;&nbsp;6.50%, 01/15/28 | 387 | 422507 |
| &nbsp;&nbsp;&nbsp;7.00%, 10/30/25 | 448 | 478840 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 12/01/96<sup>(c)</sup> | 373 | 502114 |
| KBR Inc., 4.75%, 09/30/28 (Call 09/21/23)<sup>(b)</sup> | 145 | 131463 |
| Kyndryl Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 10/15/26 (Call 09/15/26) | 120 | 103471 |
| &nbsp;&nbsp;&nbsp;2.70%, 10/15/28 (Call 08/15/28) | 195 | 157601 |
| &nbsp;&nbsp;&nbsp;3.15%, 10/15/31 (Call 07/15/31) | 360 | 262962 |
| &nbsp;&nbsp;&nbsp;4.10%, 10/15/41 (Call 04/15/41) | 655 | 426654 |
| Leidos Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 02/15/31 (Call 11/15/30) | 679 | 547797 |
| &nbsp;&nbsp;&nbsp;3.63%, 05/15/25 (Call 04/15/25) | 385 | 373947 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/15/30 (Call 02/15/30) | 850 | 803292 |
| Lenovo Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.42%, 11/02/30 (Call 08/02/30)<sup>(d)</sup> | 1200 | 1024584 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.83%, 01/27/28 (Call 12/27/27)<sup>(d)</sup> | 200 | 202360 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/24/25<sup>(d)</sup> | 1400 | 1402100 |
| NCR Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/28 (Call 08/20/23)<sup>(b)</sup> | 415 | 369147 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 825 | 717824 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 10/01/30 (Call 10/01/25)<sup>(b)</sup> | 290 | 251810 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/01/27 (Call 09/01/23)<sup>(b)</sup> | 680 | 663367 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 09/01/29 (Call 09/01/24)<sup>(b)</sup> | 350 | 346619 |
| NetApp Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.88%, 06/22/25 (Call 05/22/25) | 850 | 790568 |
| &nbsp;&nbsp;&nbsp;2.38%, 06/22/27 (Call 04/22/27) | 490 | 448291 |
| &nbsp;&nbsp;&nbsp;2.70%, 06/22/30 (Call 03/22/30) | 402 | 345455 |
| &nbsp;&nbsp;&nbsp;3.30%, 09/29/24 (Call 07/29/24) | 505 | 491794 |
| Presidio Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 02/01/27 (Call 02/01/23)<sup>(b)</sup> | 360 | 335394 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 02/01/28 (Call 02/01/23)<sup>(b)(c)</sup> | 385 | 370166 |
| Science Applications International Corp., 4.88%, 04/01/28 (Call 04/01/23)<sup>(b)</sup> | 230 | 215551 |
| Seagate HDD Cayman |  |  |
| &nbsp;&nbsp;&nbsp;4.09%, 06/01/29 (Call 03/01/29) | 465 | 413143 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/15/31 (Call 10/15/30) | 355 | 298260 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/01/25 | 325 | 319014 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/01/24 (Call 01/01/24) | 453 | 448366 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/01/27 (Call 03/01/27) | 369 | 358000 |
| &nbsp;&nbsp;&nbsp;5.75%, 12/01/34 (Call 06/01/34) | 354 | 324795 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Computers (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;9.63%, 12/01/32<sup>(c)</sup> | $430 | $487174 |
| Teledyne FLIR LLC, 2.50%, 08/01/30 (Call 05/01/30) | 295 | 247520 |
| Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 5.75%, 06/01/25 (Call 06/01/23)<sup>(b)</sup> | 175 | 176712 |
| Unisys Corp., 6.88%, 11/01/27 (Call 11/01/23)<sup>(b)</sup> | 320 | 242592 |
| Vericast Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;11.00%, 09/15/26 (Call 09/15/23)<sup>(b)</sup> | 883 | 955683 |
| &nbsp;&nbsp;&nbsp;&nbsp;12.50%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 100 | 112264 |
| Virtusa Corp., 7.13%, 12/15/28 (Call 12/15/23)<sup>(b)</sup> | 250 | 210058 |
| Western Digital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.85%, 02/01/29 (Call 12/01/28) | 625 | 509613 |
| &nbsp;&nbsp;&nbsp;3.10%, 02/01/32 (Call 11/01/31) | 505 | 387769 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/26 (Call 11/15/25) | 1649 | 1592753 |
| Wipro IT Services LLC, 1.50%, 06/23/26 (Call 05/23/26)<sup>(d)</sup> | 400 | 355828 |
|  |  | 124851783 |
| **Cosmetics & Personal Care — 0.1%** |  |  |
| Avon Products Inc., 8.45%, 03/15/43 | 185 | 183877 |
| Colgate-Palmolive Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 08/15/25 | 115 | 112172 |
| &nbsp;&nbsp;&nbsp;3.10%, 08/15/27 (Call 07/15/27) | 95 | 92105 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/15/24 | 205 | 202663 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/15/32 (Call 05/15/32) | 210 | 197259 |
| &nbsp;&nbsp;&nbsp;3.70%, 08/01/47 (Call 02/01/47) | 615 | 565726 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/15/45 | 495 | 475794 |
| Coty Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/26 (Call 04/15/23)<sup>(b)</sup> | 445 | 426279 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 04/15/26 (Call 04/15/23)<sup>(b)(c)</sup> | 535 | 527510 |
| Coty Inc./HFC Prestige Products Inc./HFC Prestige International U.S. LLC, 4.75%, 01/15/29 (Call 01/15/25)<sup>(b)</sup> | 313 | 285656 |
| Edgewell Personal Care Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 335 | 291889 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/01/28 (Call 06/01/23)<sup>(b)</sup> | 454 | 429370 |
| Estee Lauder Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 03/15/31 (Call 12/15/30) | 707 | 594877 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/01/24 (Call 11/01/24) | 832 | 795525 |
| &nbsp;&nbsp;&nbsp;2.38%, 12/01/29 (Call 09/01/29) | 380 | 336980 |
| &nbsp;&nbsp;&nbsp;2.60%, 04/15/30 (Call 01/15/30) | 195 | 174827 |
| &nbsp;&nbsp;&nbsp;3.13%, 12/01/49 (Call 06/01/49) | 503 | 395026 |
| &nbsp;&nbsp;&nbsp;3.15%, 03/15/27 (Call 12/15/26) | 282 | 271763 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/15/47 (Call 09/15/46) | 443 | 413727 |
| &nbsp;&nbsp;&nbsp;4.38%, 06/15/45 (Call 12/15/44) | 387 | 370328 |
| GSK Consumer Healthcare Capital U.K. PLC, 3.13%, 03/24/25 | 1600 | 1538512 |
| GSK Consumer Healthcare Capital U.S. LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 03/24/27 (Call 02/24/27) | 680 | 643695 |
| &nbsp;&nbsp;&nbsp;3.38%, 03/24/29 (Call 01/24/29) | 1050 | 968478 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/24/32 (Call 12/24/31) | 1720 | 1578341 |
| Natura &Co. Luxembourg Holdings Sarl, 6.00%, 04/19/29 (Call 02/19/29)<sup>(d)</sup> | 400 | 351400 |
| Natura Cosmeticos SA, 4.13%, 05/03/28 (Call 03/03/28)<sup>(c)(d)</sup> | 800 | 660000 |
| Oriflame Investment Holding PLC, 5.13%, 05/04/26 (Call 05/04/23)<sup>(b)</sup> | 370 | 233618 |
| Procter & Gamble Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.55%, 10/29/25 | 1057 | 960528 |
| &nbsp;&nbsp;&nbsp;1.00%, 04/23/26 | 290 | 262760 |
| &nbsp;&nbsp;&nbsp;1.20%, 10/29/30 | 1400 | 1139362 |
| &nbsp;&nbsp;&nbsp;1.95%, 04/23/31 | 421 | 363428 |
| &nbsp;&nbsp;&nbsp;2.30%, 02/01/32 | 212 | 186034 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Cosmetics & Personal Care (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 11/03/26 | $268 | $252427 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/02/26 | 286 | 274417 |
| &nbsp;&nbsp;&nbsp;2.80%, 03/25/27 | 910 | 866857 |
| &nbsp;&nbsp;&nbsp;2.85%, 08/11/27 | 455 | 434684 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/25/30 | 1170 | 1093786 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/25/47 | 485 | 420641 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/25/40 | 975 | 884588 |
| &nbsp;&nbsp;&nbsp;3.60%, 03/25/50 | 635 | 564223 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/26/28 | 650 | 649168 |
| &nbsp;&nbsp;&nbsp;4.05%, 01/26/33 | 450 | 450670 |
| &nbsp;&nbsp;&nbsp;4.10%, 01/26/26 | 700 | 699790 |
| &nbsp;&nbsp;&nbsp;5.55%, 03/05/37 | 50 | 56749 |
| &nbsp;&nbsp;&nbsp;5.80%, 08/15/34 | 50 | 56459 |
| Unilever Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.63%, 08/12/24 (Call 03/03/23) | 1015 | 955825 |
| &nbsp;&nbsp;&nbsp;1.38%, 09/14/30 (Call 06/14/30) | 680 | 550256 |
| &nbsp;&nbsp;&nbsp;1.75%, 08/12/31 (Call 05/12/31) | 315 | 258083 |
| &nbsp;&nbsp;&nbsp;2.00%, 07/28/26 | 398 | 368345 |
| &nbsp;&nbsp;&nbsp;2.13%, 09/06/29 (Call 06/06/29) | 95 | 82907 |
| &nbsp;&nbsp;&nbsp;2.60%, 05/05/24 (Call 03/05/24) | 507 | 494437 |
| &nbsp;&nbsp;&nbsp;2.90%, 05/05/27 (Call 02/05/27) | 105 | 99977 |
| &nbsp;&nbsp;&nbsp;3.10%, 07/30/25 | 460 | 444912 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/07/24 (Call 02/07/24) | 150 | 147755 |
| &nbsp;&nbsp;&nbsp;3.38%, 03/22/25 (Call 01/22/25) | 410 | 400320 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/22/28 (Call 12/22/27) | 540 | 520798 |
| &nbsp;&nbsp;&nbsp;5.90%, 11/15/32 | 1219 | 1371448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 30Y, 2.63%, 08/12/51 (Call 02/12/51)<sup>(c)</sup> | 360 | 257029 |
|  |  | 28686060 |
| **Distribution & Wholesale — 0.0%** |  |  |
| American Builders & Contractors Supply Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 340 | 289847 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 585 | 534046 |
| BCPE Empire Holdings Inc., 7.63%, 05/01/27 (Call 05/01/23)<sup>(b)</sup> | 485 | 453417 |
| Chongqing Nan'an Urban Construction & Development Group Co. Ltd., 4.66%, 06/04/24<sup>(d)</sup> | 600 | 578394 |
| Ferguson Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/02/30 (Call 03/02/30)<sup>(b)</sup> | 200 | 175758 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/24/28 (Call 07/24/28)<sup>(b)</sup> | 894 | 858902 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.65%, 04/20/32 (Call 01/20/32)<sup>(b)</sup> | 200 | 190234 |
| G-III Apparel Group Ltd., 7.88%, 08/15/25 (Call 08/15/23)<sup>(b)</sup> | 290 | 275813 |
| H&E Equipment Services Inc., 3.88%, 12/15/28 (Call 12/15/23)<sup>(b)</sup> | 825 | 727617 |
| IAA Inc., 5.50%, 06/15/27 (Call 06/15/23)<sup>(b)</sup> | 340 | 341166 |
| KAR Auction Services Inc., 5.13%, 06/01/25 (Call 06/01/23)<sup>(b)</sup> | 314 | 308618 |
| Marubeni Corp., 1.32%, 09/18/25 (Call 08/18/25)<sup>(d)</sup> | 400 | 361368 |
| Mitsubishi Corp., 1.13%, 07/15/26 (Call 06/15/26)<sup>(b)</sup> | 330 | 293033 |
| Resideo Funding Inc., 4.00%, 09/01/29 (Call 09/01/24)<sup>(b)</sup> | 240 | 197412 |
| Univar Solutions USA Inc., 5.13%, 12/01/27 (Call 12/01/23)<sup>(b)</sup> | 297 | 288366 |
| Wesco Aircraft Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 11/15/24 (Call 11/15/23)<sup>(b)</sup> | 322 | 157780 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.00%, 11/15/26 (Call 11/15/23)<sup>(b)(c)</sup> | 515 | 344865 |
| WW Grainger Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 02/15/25 (Call 01/15/25) | 465 | 441131 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/15/46 (Call 11/15/45) | 215 | 181974 |
| &nbsp;&nbsp;&nbsp;4.20%, 05/15/47 (Call 11/15/46) | 130 | 118134 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Distribution & Wholesale (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.60%, 06/15/45 (Call 12/15/44) | $945 | $933131 |
|  |  | 8051006 |
| **Diversified Financial Services — 1.4%** |  |  |
| Advisor Group Holdings Inc., 10.75%, 08/01/27 (Call 08/01/23)<sup>(b)(c)</sup> | 210 | 217004 |
| AerCap Ireland Capital DAC/AerCap Global Aviation Trust |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 10/29/24 (Call 09/29/24) | 860 | 805209 |
| &nbsp;&nbsp;&nbsp;1.75%, 01/30/26 (Call 12/30/25) | 685 | 614904 |
| &nbsp;&nbsp;&nbsp;2.45%, 10/29/26 (Call 09/29/26) | 1150 | 1033758 |
| &nbsp;&nbsp;&nbsp;2.88%, 08/14/24 (Call 07/14/24) | 1237 | 1182300 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/29/28 (Call 08/29/28) | 1801 | 1584286 |
| &nbsp;&nbsp;&nbsp;3.15%, 02/15/24 (Call 01/15/24) | 1230 | 1199139 |
| &nbsp;&nbsp;&nbsp;3.30%, 01/30/32 (Call 10/30/31) | 2015 | 1688227 |
| &nbsp;&nbsp;&nbsp;3.40%, 10/29/33 (Call 07/29/33) | 400 | 327372 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/25 (Call 11/15/24) | 1010 | 970822 |
| &nbsp;&nbsp;&nbsp;3.65%, 07/21/27 (Call 04/21/27) | 1426 | 1320604 |
| &nbsp;&nbsp;&nbsp;3.85%, 10/29/41 (Call 04/29/41) | 1055 | 820400 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/23/28 (Call 10/23/27) | 843 | 784656 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 10/01/25 (Call 08/01/25)<sup>(c)</sup> | 810 | 790957 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/03/26 (Call 02/03/26) | 1158 | 1121060 |
| &nbsp;&nbsp;&nbsp;4.63%, 10/15/27 (Call 08/15/27) | 827 | 797451 |
| &nbsp;&nbsp;&nbsp;6.50%, 07/15/25 (Call 06/15/25) | 735 | 749083 |
| Affiliated Managers Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.30%, 06/15/30 (Call 03/15/30) | 195 | 168835 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/25 | 175 | 169825 |
| AG Issuer LLC, 6.25%, 03/01/28 (Call 03/01/23)<sup>(b)</sup> | 375 | 354379 |
| AG TTMT Escrow Issuer LLC, 8.63%, 09/30/27 (Call 09/30/24)<sup>(b)</sup> | 350 | 360945 |
| Air Lease Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.70%, 02/15/24 (Call 01/15/24) | 351 | 334991 |
| &nbsp;&nbsp;&nbsp;0.80%, 08/18/24 (Call 07/18/24) | 5 | 4660 |
| &nbsp;&nbsp;&nbsp;1.88%, 08/15/26 (Call 07/15/26) | 295 | 263069 |
| &nbsp;&nbsp;&nbsp;2.10%, 09/01/28 (Call 07/01/28) | 505 | 431285 |
| &nbsp;&nbsp;&nbsp;2.20%, 01/15/27 (Call 12/15/26) | 80 | 72018 |
| &nbsp;&nbsp;&nbsp;2.30%, 02/01/25 (Call 01/01/25) | 428 | 402868 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 01/15/26 (Call 12/15/25)<sup>(c)</sup> | 875 | 821109 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/30 (Call 11/01/29) | 672 | 578310 |
| &nbsp;&nbsp;&nbsp;3.13%, 12/01/30 (Call 09/01/30) | 755 | 646710 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/01/25 (Call 01/01/25) | 469 | 449860 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/01/29 (Call 07/01/29) | 373 | 330116 |
| &nbsp;&nbsp;&nbsp;3.38%, 07/01/25 (Call 06/01/25) | 945 | 901908 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/01/27 (Call 01/01/27) | 513 | 482518 |
| &nbsp;&nbsp;&nbsp;3.63%, 12/01/27 (Call 09/01/27) | 1228 | 1148585 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/01/26 (Call 04/01/26) | 595 | 570998 |
| &nbsp;&nbsp;&nbsp;4.25%, 02/01/24 (Call 01/01/24) | 330 | 325958 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/15/24 (Call 06/15/24) | 1029 | 1013195 |
| &nbsp;&nbsp;&nbsp;4.63%, 10/01/28 (Call 07/01/28) | 565 | 545745 |
| &nbsp;&nbsp;&nbsp;5.30%, 02/01/28 | 500 | 499325 |
| Aircastle Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.85%, 01/26/28 (Call 11/26/27)<sup>(b)</sup> | 25 | 21769 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/01/24 (Call 02/01/24) | 610 | 597227 |
| &nbsp;&nbsp;&nbsp;4.25%, 06/15/26 (Call 04/15/26) | 474 | 456945 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/11/25 (Call 07/11/25)<sup>(b)</sup> | 1440 | 1408954 |
| Ally Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 11/02/28 (Call 09/02/28) | 755 | 630810 |
| &nbsp;&nbsp;&nbsp;3.88%, 05/21/24 (Call 04/21/24) | 629 | 617496 |
| &nbsp;&nbsp;&nbsp;4.63%, 03/30/25 | 545 | 540226 |
| &nbsp;&nbsp;&nbsp;4.75%, 06/09/27 (Call 05/09/27) | 575 | 557071 |
| &nbsp;&nbsp;&nbsp;5.13%, 09/30/24 | 759 | 758021 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 11/20/25 (Call 10/20/25) | $834 | $827787 |
| &nbsp;&nbsp;&nbsp;5.80%, 05/01/25 (Call 04/01/25) | 900 | 910665 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.10%, 11/15/27 (Call 10/15/27)<sup>(c)</sup> | 600 | 633108 |
| &nbsp;&nbsp;&nbsp;8.00%, 11/01/31 | 1752 | 1922487 |
| American Express Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 11/04/26 (Call 10/04/26) | 750 | 678150 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/04/25 (Call 02/01/25) | 310 | 295039 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/30/24 (Call 06/29/24) | 1225 | 1184269 |
| &nbsp;&nbsp;&nbsp;2.55%, 03/04/27 (Call 02/01/27) | 825 | 765262 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/30/24 (Call 09/29/24) | 858 | 834645 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/20/26 (Call 04/20/26) | 1086 | 1038520 |
| &nbsp;&nbsp;&nbsp;3.30%, 05/03/27 (Call 04/02/27) | 1562 | 1487008 |
| &nbsp;&nbsp;&nbsp;3.38%, 05/03/24 | 150 | 147422 |
| &nbsp;&nbsp;&nbsp;3.40%, 02/22/24 (Call 01/22/24) | 1440 | 1417896 |
| &nbsp;&nbsp;&nbsp;3.63%, 12/05/24 (Call 11/04/24) | 385 | 377989 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/01/25 (Call 07/01/25) | 1210 | 1192322 |
| &nbsp;&nbsp;&nbsp;4.05%, 05/03/29 (Call 03/03/29) | 370 | 361560 |
| &nbsp;&nbsp;&nbsp;4.05%, 12/03/42 | 1374 | 1280307 |
| &nbsp;&nbsp;&nbsp;4.20%, 11/06/25 (Call 10/06/25) | 801 | 794944 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.42%, 08/03/33 (Call 08/03/32)<sup>(a)</sup> | 1085 | 1056399 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.99%, 05/26/33 (Call 05/26/32)<sup>(a)</sup> | 535 | 530115 |
| &nbsp;&nbsp;&nbsp;5.85%, 11/05/27 (Call 10/05/27) | 985 | 1042179 |
| Ameriprise Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 09/15/26 (Call 06/15/26) | 936 | 882395 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/02/25 (Call 03/02/25) | 35 | 33783 |
| &nbsp;&nbsp;&nbsp;3.70%, 10/15/24 | 285 | 279964 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/13/32 (Call 02/13/32) | 305 | 306583 |
| Andrew W Mellon Foundation (The), Series 2020, 0.95%, 08/01/27 (Call 06/01/27) | 523 | 453446 |
| Antares Holdings LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/15/27 (Call 12/15/26)<sup>(b)</sup> | 550 | 455251 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 07/15/26 (Call 06/15/26)<sup>(b)</sup> | 475 | 416803 |
| Apollo Management Holdings LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/30/24<sup>(b)</sup> | 778 | 762300 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 01/14/50 (Call 01/14/24)<sup>(a)(b)</sup> | 346 | 297055 |
| Ares Finance Co. II LLC, 3.25%, 06/15/30 (Call 03/15/30)<sup>(b)</sup> | 200 | 170904 |
| Ares Finance Co. III LLC, 4.13%, 06/30/51 (Call 06/30/26)<sup>(a)(b)</sup> | 690 | 538566 |
| Aretec Escrow Issuer Inc., 7.50%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 295 | 261774 |
| Armor Holdco Inc., 8.50%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 240 | 204941 |
| ASG Finance Designated Activity Co., 7.88%, 12/03/24 (Call 12/03/23)<sup>(b)</sup> | 200 | 194254 |
| Avation Capital SA, 8.25%, 05/15/21 (Call 03/03/23), (9.00% PIK)<sup>(b)(c)(h)</sup> | 215 | 184160 |
| Aviation Capital Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.95%, 01/30/26 (Call 12/30/25)<sup>(b)</sup> | 440 | 391169 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.95%, 09/20/26 (Call 08/20/26)<sup>(b)</sup> | 1765 | 1535179 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/01/27 (Call 07/01/27)<sup>(b)</sup> | 1521 | 1362557 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/01/25 (Call 06/01/25)<sup>(b)</sup> | 372 | 350930 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 10/01/25 (Call 07/01/25)<sup>(b)</sup> | 430 | 410671 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/15/24 (Call 11/15/24)<sup>(b)</sup> | 252 | 249949 |
| Avolon Holdings Funding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 02/21/26 (Call 01/21/26)<sup>(b)</sup> | 955 | 853187 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.53%, 11/18/27 (Call 10/18/27)<sup>(b)</sup> | 861 | 742371 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 02/21/28 (Call 12/21/27)<sup>(b)</sup> | 440 | 377590 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 02/15/25 (Call 01/15/25)<sup>(b)</sup> | 870 | 815451 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/15/27 (Call 12/15/26)<sup>(b)</sup> | 960 | 865853 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 07/01/24 (Call 06/01/24)<sup>(b)</sup> | 883 | 856369 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/15/26 (Call 03/15/26)<sup>(b)</sup> | 923 | 875419 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/01/26 (Call 03/01/26)<sup>(b)</sup> | $1001 | $950970 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/15/24 (Call 04/15/24)<sup>(b)</sup> | 745 | 736313 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/26 (Call 12/15/25)<sup>(b)</sup> | 915 | 896078 |
| B3 SA - Brasil Bolsa Balcao, 4.13%, 09/20/31<sup>(d)</sup> | 400 | 350336 |
| Banco BTG Pactual SA/Cayman Islands |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/11/26 (Call 12/11/25)<sup>(d)</sup> | 200 | 181732 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/10/25 (Call 12/10/24)<sup>(c)(d)</sup> | 800 | 772960 |
| BGC Partners Inc., 3.75%, 10/01/24 (Call 09/01/24) | 365 | 351973 |
| Blackstone Holdings Finance Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.60%, 03/30/31 (Call 12/30/30)<sup>(b)</sup> | 580 | 436989 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 08/05/28 (Call 06/05/28)<sup>(b)</sup> | 140 | 117466 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/30/32 (Call 10/30/31)<sup>(b)</sup> | 218 | 166005 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/10/30 (Call 10/10/29)<sup>(b)</sup> | 1025 | 857095 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.55%, 03/30/32 (Call 12/30/31)<sup>(b)</sup> | 295 | 239018 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.80%, 09/30/50 (Call 03/30/50)<sup>(b)</sup> | 528 | 329683 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.85%, 08/05/51 (Call 02/05/51)<sup>(b)</sup> | 210 | 132004 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 10/02/27 (Call 07/02/27)<sup>(b)</sup> | 335 | 309178 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 01/30/52 (Call 07/30/51)<sup>(b)</sup> | 200 | 135546 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/10/49 (Call 03/10/49)<sup>(b)</sup> | 826 | 595414 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/02/47 (Call 04/02/47)<sup>(b)</sup> | 255 | 204979 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 07/15/45<sup>(b)(c)</sup> | 395 | 338468 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/15/44<sup>(b)</sup> | 540 | 498728 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.90%, 11/03/27 (Call 10/03/27)<sup>(b)</sup> | 100 | 104048 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.20%, 04/22/33 (Call 01/22/33)<sup>(b)</sup> | 200 | 211658 |
| Blue Bright Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 02/09/26<sup>(d)</sup> | 600 | 546864 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/04/25<sup>(d)</sup> | 400 | 372360 |
| Blue Owl Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 06/10/31 (Call 03/10/31)<sup>(b)</sup> | 510 | 399947 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 10/07/51 (Call 04/07/51)<sup>(b)</sup> | 135 | 88046 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/15/32 (Call 11/15/31)<sup>(b)</sup> | 100 | 84442 |
| BOC Aviation Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 01/21/26 (Call 12/21/25)<sup>(d)</sup> | 400 | 362368 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 01/17/25 (Call 12/17/24)<sup>(d)</sup> | 600 | 570192 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 09/17/30 (Call 06/17/30)<sup>(b)</sup> | 400 | 344184 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/11/29 (Call 06/11/29)<sup>(b)(c)</sup> | 400 | 356608 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/29/25 (Call 03/29/25)<sup>(b)</sup> | 1000 | 957550 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/10/24 (Call 09/10/24)<sup>(d)</sup> | 600 | 582720 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/18/27 (Call 06/18/27)<sup>(d)</sup> | 200 | 187778 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/27/26 (Call 01/27/26)<sup>(c)(d)</sup> | 650 | 624455 |
| BOC Aviation USA Corp., 1.63%, 04/29/24 (Call 03/29/24)<sup>(b)</sup> | 400 | 382476 |
| BOCOM International Blossom Ltd., 1.75%, 06/28/26<sup>(d)</sup> | 400 | 361132 |
| Bocom Leasing Management Hong Kong Co. Ltd., 1.13%, 06/18/24<sup>(d)</sup> | 400 | 378596 |
| Brightsphere Investment Group Inc., 4.80%, 07/27/26 | 150 | 139259 |
| Brookfield Finance I UK PLC, 2.34%, 01/30/32 (Call 10/30/31) | 195 | 157340 |
| Brookfield Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.72%, 04/15/31 (Call 01/15/31) | 678 | 572090 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/30/51 (Call 09/30/50) | 503 | 353513 |
| &nbsp;&nbsp;&nbsp;3.63%, 02/15/52 (Call 08/15/51) | 270 | 194208 |
| &nbsp;&nbsp;&nbsp;3.90%, 01/25/28 (Call 10/25/27) | 537 | 512824 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/24 (Call 02/01/24) | 920 | 908730 |
| &nbsp;&nbsp;&nbsp;4.25%, 06/02/26 (Call 03/02/26) | 410 | 403530 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/15/30 (Call 01/15/30) | 813 | 765757 |
| &nbsp;&nbsp;&nbsp;4.70%, 09/20/47 (Call 03/20/47) | 384 | 335839 |
| &nbsp;&nbsp;&nbsp;4.85%, 03/29/29 (Call 12/29/28) | 868 | 864459 |
| Brookfield Finance LLC, 3.45%, 04/15/50 (Call 10/15/49) | 452 | 315989 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| Burford Capital Global Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 04/15/28 (Call 04/15/24)<sup>(b)</sup> | $245 | $218971 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 04/15/30 (Call 04/15/25)<sup>(b)</sup> | 250 | 227910 |
| Cantor Fitzgerald LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/14/27 (Call 01/14/27)<sup>(b)</sup> | 625 | 588000 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/01/24 (Call 04/01/24)<sup>(b)</sup> | 661 | 652209 |
| Capital One Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 11/02/27 (Call 11/02/26), (1 day SOFR + 0.855%)<sup>(a)</sup> | 1015 | 898234 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.36%, 07/29/32 (Call 07/29/31), (1 day SOFR + 1.337%)<sup>(a)</sup> | 745 | 568636 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.62%, 11/02/32 (Call 11/02/31), (1 day SOFR + 1.265%)<sup>(a)</sup> | 375 | 305426 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.64%, 03/03/26 (Call 03/03/25), (1 day SOFR + 1.290%)<sup>(a)</sup> | 440 | 416451 |
| &nbsp;&nbsp;&nbsp;3.20%, 02/05/25 (Call 01/05/25) | 1115 | 1081517 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.27%, 03/01/30 (Call 03/01/29), (1 day SOFR + 1.790%)<sup>(a)</sup> | 905 | 804835 |
| &nbsp;&nbsp;&nbsp;3.30%, 10/30/24 (Call 09/30/24) | 1863 | 1810706 |
| &nbsp;&nbsp;&nbsp;3.65%, 05/11/27 (Call 04/11/27) | 844 | 807514 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/24/24 (Call 03/24/24) | 991 | 977354 |
| &nbsp;&nbsp;&nbsp;3.75%, 07/28/26 (Call 06/28/26) | 1181 | 1131044 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/09/27 (Call 02/09/27) | 1497 | 1440728 |
| &nbsp;&nbsp;&nbsp;3.80%, 01/31/28 (Call 12/31/27) | 1000 | 954380 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.17%, 05/09/25 (Call 05/09/24)<sup>(a)</sup> | 505 | 496738 |
| &nbsp;&nbsp;&nbsp;4.20%, 10/29/25 (Call 09/29/25) | 919 | 898993 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/30/25 (Call 03/31/25) | 520 | 513079 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.93%, 05/10/28 (Call 05/10/27), (1 day SOFR + 2.057%)<sup>(a)</sup> | 880 | 868014 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.99%, 07/24/26 (Call 07/24/25)<sup>(a)</sup> | 540 | 536333 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 07/26/30 (Call 07/26/29)<sup>(a)</sup> | 405 | 399650 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.27%, 05/10/33 (Call 05/10/32)<sup>(a)</sup> | 1010 | 990527 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.47%, 02/01/29 (Call 02/01/28)<sup>(a)</sup> | 770 | 774535 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.82%, 02/01/34 (Call 02/01/33)<sup>(a)</sup> | 680 | 685814 |
| Castlelake Aviation Finance DAC, 5.00%, 04/15/27 (Call 04/15/24)<sup>(b)(c)</sup> | 272 | 248018 |
| Cboe Global Markets Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.63%, 12/15/30 (Call 09/15/30) | 837 | 681494 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/16/32 (Call 12/16/31) | 570 | 497838 |
| &nbsp;&nbsp;&nbsp;3.65%, 01/12/27 (Call 10/12/26) | 844 | 823145 |
| CCBL Cayman 1 Corp. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.80%, 07/22/26<sup>(d)</sup> | 600 | 540096 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.99%, 07/21/25<sup>(d)</sup> | 800 | 741272 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/16/24<sup>(d)</sup> | 400 | 391948 |
| CDBL Funding 1 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/24/27<sup>(d)</sup> | 400 | 375804 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 12/02/24<sup>(d)</sup> | 200 | 196304 |
| CDBL Funding 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 03/04/24<sup>(d)</sup> | 200 | 191938 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 03/04/26<sup>(d)</sup> | 800 | 731768 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 03/02/25<sup>(d)</sup> | 200 | 190520 |
| CDP Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 07/24/24<sup>(b)</sup> | 415 | 405787 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.60%, 11/25/39<sup>(b)</sup> | 250 | 277470 |
| Charles Schwab Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 03/18/24 (Call 02/18/24) | 110 | 105136 |
| &nbsp;&nbsp;&nbsp;0.90%, 03/11/26 (Call 02/11/26) | 1216 | 1089123 |
| &nbsp;&nbsp;&nbsp;1.15%, 05/13/26 (Call 04/13/26) | 1195 | 1073923 |
| &nbsp;&nbsp;&nbsp;1.65%, 03/11/31 (Call 12/11/30) | 812 | 657882 |
| &nbsp;&nbsp;&nbsp;1.95%, 12/01/31 (Call 09/01/31) | 1060 | 867758 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 03/20/28 (Call 01/20/28) | $775 | $696717 |
| &nbsp;&nbsp;&nbsp;2.30%, 05/13/31 (Call 02/13/31) | 590 | 505099 |
| &nbsp;&nbsp;&nbsp;2.45%, 03/03/27 (Call 02/03/27) | 400 | 372160 |
| &nbsp;&nbsp;&nbsp;2.75%, 10/01/29 (Call 07/01/29) | 545 | 488135 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/03/32 (Call 12/03/31) | 700 | 620620 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/10/25 (Call 12/10/24) | 142 | 137689 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/02/27 (Call 12/02/26) | 930 | 888875 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/25/28 (Call 10/25/27) | 788 | 751405 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/22/29 (Call 02/22/29) | 270 | 252380 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/01/27 (Call 01/01/27) | 1070 | 1030292 |
| &nbsp;&nbsp;&nbsp;3.45%, 02/13/26 (Call 11/13/25) | 162 | 157979 |
| &nbsp;&nbsp;&nbsp;3.55%, 02/01/24 (Call 01/01/24) | 1033 | 1020294 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/24 (Call 03/02/24) | 452 | 446648 |
| &nbsp;&nbsp;&nbsp;3.85%, 05/21/25 (Call 03/21/25) | 552 | 543411 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/29 (Call 11/01/28) | 543 | 529354 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/24/25 (Call 02/22/25) | 510 | 507848 |
| &nbsp;&nbsp;&nbsp;4.63%, 03/22/30 (Call 12/22/29) | 278 | 281889 |
| Charming Light Investments Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 12/21/27<sup>(d)</sup> | 600 | 565266 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/03/24<sup>(d)</sup> | 250 | 246333 |
| China Cinda 2020 I Management Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 01/20/26 (Call 10/20/25)<sup>(d)</sup> | 600 | 542868 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 03/18/25 (Call 02/18/25)<sup>(d)</sup> | 1200 | 1126500 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/20/28 (Call 10/20/27)<sup>(d)</sup> | 800 | 702624 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/18/27 (Call 12/18/26)<sup>(d)</sup> | 400 | 366980 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/20/31 (Call 10/20/30)<sup>(d)</sup> | 1000 | 830160 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 03/18/30 (Call 12/18/29)<sup>(d)</sup> | 400 | 342832 |
| China Cinda 2020 I Mngmn Co., 3.25%, 01/28/27 (Call 10/28/26)<sup>(d)</sup> | 800 | 742048 |
| China Cinda Finance 2014 Ltd., 5.63%, 05/14/24<sup>(d)</sup> | 200 | 200116 |
| China Cinda Finance 2015 I Ltd., 4.25%, 04/23/25<sup>(d)</sup> | 400 | 388552 |
| China Cinda Finance 2017 I Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.10%, 03/09/24<sup>(d)</sup> | 1000 | 984390 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 03/09/27<sup>(d)</sup> | 200 | 193792 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/08/28<sup>(d)</sup> | 400 | 389108 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/21/29<sup>(d)</sup> | 400 | 386924 |
| China Cinda Finance I Ltd., 4.38%, 02/08/25<sup>(d)</sup> | 200 | 195328 |
| China Development Bank Financial Leasing Co. Ltd., 2.88%, 09/28/30 (Call 09/28/25)<sup>(a)(d)</sup> | 600 | 562614 |
| China Great Wall International Holdings III Ltd., 3.88%,08/31/27<sup>(d)</sup> | 400 | 358912 |
| China Great Wall International Holdings IV Ltd., 3.95%, (Call 07/31/24)<sup>(a)(d)(f)</sup> | 200 | 194160 |
| China Great Wall International Holdings V Ltd., 2.38%, 08/18/30<sup>(d)</sup> | 1000 | 764740 |
| China Ping An Insurance Overseas Holdings Ltd., 2.85%, 08/12/31<sup>(d)</sup> | 800 | 644224 |
| CI Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 12/17/30 (Call 09/17/30) | 725 | 567631 |
| &nbsp;&nbsp;&nbsp;4.10%, 06/15/51 (Call 12/15/50) | 440 | 277363 |
| CICC Hong Kong Finance 2016 MTN Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/26/26<sup>(d)</sup> | 600 | 551148 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 03/21/25<sup>(d)</sup> | 200 | 191246 |
| Citadel Finance LLC, 3.38%, 03/09/26 (Call 02/09/26)<sup>(b)</sup> | 675 | 610288 |
| CITIC Securities Finance MTN Co. Ltd., 2.00%, 06/03/25<sup>(d)</sup> | 400 | 373168 |
| Clifford Capital Pte Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.12%, 03/23/26 (Call 02/23/26)<sup>(d)</sup> | 400 | 362184 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.73%, 09/10/24<sup>(d)</sup> | 200 | 191028 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| CMB International Leasing Management Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 09/16/24 (Call 08/16/24)<sup>(d)</sup> | $1000 | $934600 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 08/12/25<sup>(d)</sup> | 800 | 731968 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/04/26<sup>(d)</sup> | 600 | 542562 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 08/12/30<sup>(d)</sup> | 200 | 164736 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 02/04/31<sup>(d)</sup> | 200 | 164316 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/03/24<sup>(d)</sup> | 800 | 773720 |
| CME Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 03/15/32 (Call 12/15/31) | 340 | 297004 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/15/25 (Call 12/15/24) | 1256 | 1223156 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/15/28 (Call 03/15/28) | 790 | 775575 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 06/15/48 (Call 12/15/47)<sup>(c)</sup> | 234 | 222927 |
| &nbsp;&nbsp;&nbsp;5.30%, 09/15/43 (Call 03/15/43) | 783 | 853619 |
| CMS International Gemstone Ltd., 1.30%, 09/16/24<sup>(d)</sup> | 400 | 373764 |
| CNG Holdings Inc., 12.50%, 06/15/24 (Call 06/15/23)<sup>(b)</sup> | 185 | 156743 |
| Coastal Emerald Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.10%, 06/15/25<sup>(d)</sup> | 200 | 192170 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, (Call 08/01/24)<sup>(a)(d)(f)</sup> | 400 | 386068 |
| Cobra AcquisitionCo LLC, 6.38%, 11/01/29 (Call 11/01/24)<sup>(b)</sup> | 321 | 195714 |
| Coinbase Global Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 10/01/28 (Call 10/01/24)<sup>(b)</sup> | 665 | 428898 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/01/31 (Call 10/01/26)<sup>(b)</sup> | 700 | 406798 |
| Credit Acceptance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/31/24 (Call 12/31/23)<sup>(b)</sup> | 281 | 263474 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 03/15/26 (Call 03/15/23)<sup>(c)</sup> | 310 | 283638 |
| Credit Suisse USA Inc., 7.13%, 07/15/32 | 974 | 1055339 |
| Curo Group Holdings Corp., 7.50%, 08/01/28 (Call 08/01/24)<sup>(b)</sup> | 745 | 338044 |
| DAE Sukuk Difc Ltd., 3.75%, 02/15/26<sup>(d)</sup> | 500 | 483130 |
| Discover Financial Services |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 03/04/25 (Call 12/04/24) | 245 | 237944 |
| &nbsp;&nbsp;&nbsp;3.95%, 11/06/24 (Call 08/06/24) | 1088 | 1067426 |
| &nbsp;&nbsp;&nbsp;4.10%, 02/09/27 (Call 11/09/26) | 1348 | 1299229 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/30/26 (Call 11/30/25) | 950 | 939360 |
| &nbsp;&nbsp;&nbsp;6.70%, 11/29/32 (Call 08/29/32) | 100 | 106863 |
| Drawbridge Special Opportunities Fund LP/Drawbridge Special Opportunities Fin, 3.88%, 02/15/26 (Call 12/15/25)<sup>(b)</sup> | 100 | 92136 |
| Eaton Vance Corp., 3.50%, 04/06/27 (Call 01/06/27) | 585 | 559716 |
| Enact Holdings Inc., 6.50%, 08/15/25 (Call 02/15/25)<sup>(b)</sup> | 545 | 536814 |
| Enova International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 09/01/24 (Call 03/03/23)<sup>(b)</sup> | 180 | 176116 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 09/15/25 (Call 09/15/23)<sup>(b)</sup> | 276 | 262575 |
| Far East Horizon Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 03/03/24<sup>(d)</sup> | 400 | 379940 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 02/18/25<sup>(d)</sup> | 200 | 183722 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 10/26/26<sup>(d)</sup> | 200 | 176582 |
| Finance of America Funding LLC, 7.88%, 11/15/25 (Call 11/15/23)<sup>(b)(c)</sup> | 235 | 144455 |
| FMR LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 02/01/33<sup>(b)</sup> | 430 | 408861 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.15%, 02/01/43<sup>(b)</sup> | 403 | 376144 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.45%, 11/15/39<sup>(b)</sup> | 200 | 218616 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 12/14/40<sup>(b)</sup> | 100 | 109836 |
| Franklin Resources Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.60%, 10/30/30 (Call 07/30/30) | 619 | 496147 |
| &nbsp;&nbsp;&nbsp;2.85%, 03/30/25 | 343 | 329894 |
| &nbsp;&nbsp;&nbsp;2.95%, 08/12/51 (Call 02/12/51) | 313 | 208439 |
| GFH Sukuk Ltd., 7.50%, 01/28/25<sup>(d)</sup> | 400 | 401372 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| Global Aircraft Leasing Co. Ltd., 6.50%, 09/15/24 (Call 09/15/23), (7.25% PIK)<sup>(b)(h)</sup> | $1275 | $1168848 |
| goeasy Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/01/26 (Call 04/27/23)<sup>(b)</sup> | 200 | 179098 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 12/01/24 (Call 12/01/23)<sup>(b)</sup> | 495 | 474378 |
| GPS Hospitality Holding Co. LLC/GPS Finco Inc., 7.00%, 08/15/28 (Call 08/15/24)<sup>(b)</sup> | 310 | 191499 |
| Guotai Junan International Holdings Ltd., 2.00%,03/03/26<sup>(d)</sup> | 200 | 183586 |
| Haitong International Finance Holdings 2015 Ltd.,2.11%, 03/12/25<sup>(d)</sup> | 600 | 562194 |
| Haitong International Securities Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 05/20/26<sup>(d)</sup> | 200 | 176872 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/18/25<sup>(d)</sup> | 200 | 187050 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 07/19/24<sup>(d)</sup> | 600 | 578556 |
| Hightower Holding LLC, 6.75%, 04/15/29 (Call 04/13/24)<sup>(b)(c)</sup> | 194 | 167224 |
| Home Point Capital Inc., 5.00%, 02/01/26 (Call 02/01/23)<sup>(b)</sup> | 330 | 239280 |
| Horse Gallop Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.10%, 07/26/24<sup>(d)</sup> | 400 | 377728 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 07/28/25<sup>(d)</sup> | 400 | 367188 |
| ICBCIL Finance Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 08/02/24<sup>(d)</sup> | 400 | 378148 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 11/02/24<sup>(d)</sup> | 1000 | 942860 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 08/25/25<sup>(d)</sup> | 1400 | 1287622 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 08/02/26<sup>(d)</sup> | 600 | 539646 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 11/02/26<sup>(d)</sup> | 600 | 546006 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/19/26<sup>(d)</sup> | 200 | 192502 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/05/24<sup>(d)</sup> | 600 | 591606 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.73%, 11/20/24, (3 mo. LIBOR US + 1.050%)<sup>(a)(d)</sup> | 400 | 399684 |
| ICD Sukuk Co. Ltd., 5.00%, 02/01/27<sup>(d)</sup> | 600 | 603546 |
| Intercontinental Exchange Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 09/15/32 (Call 06/15/32) | 1097 | 862088 |
| &nbsp;&nbsp;&nbsp;2.10%, 06/15/30 (Call 03/15/30) | 1186 | 1004079 |
| &nbsp;&nbsp;&nbsp;2.65%, 09/15/40 (Call 03/15/40) | 710 | 528659 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/15/50 (Call 12/15/49) | 1015 | 732546 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/15/60 (Call 03/15/60) | 773 | 525253 |
| &nbsp;&nbsp;&nbsp;3.10%, 09/15/27 (Call 06/15/27) | 766 | 727233 |
| &nbsp;&nbsp;&nbsp;3.65%, 05/23/25 (Call 04/23/25) | 270 | 266266 |
| &nbsp;&nbsp;&nbsp;3.75%, 12/01/25 (Call 09/01/25) | 1055 | 1037360 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/21/28 (Call 06/21/28) | 482 | 466436 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/27 (Call 08/15/27) | 1098 | 1083693 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/21/48 (Call 03/21/48) | 703 | 631653 |
| &nbsp;&nbsp;&nbsp;4.35%, 06/15/29 (Call 04/15/29) | 908 | 901544 |
| &nbsp;&nbsp;&nbsp;4.60%, 03/15/33 (Call 12/15/32) | 638 | 632756 |
| &nbsp;&nbsp;&nbsp;4.95%, 06/15/52 (Call 12/15/51) | 973 | 958784 |
| &nbsp;&nbsp;&nbsp;5.20%, 06/15/62 (Call 01/15/62) | 823 | 820391 |
| Intercorp Financial Services Inc., 4.13%, 10/19/27 (Call 07/19/27)<sup>(c)(d)</sup> | 205 | 186144 |
| Intercorp Peru Ltd., 3.88%, 08/15/29 (Call 05/15/29)<sup>(d)</sup> | 200 | 167602 |
| Inventive Global Investments Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.60%, 09/01/26<sup>(d)</sup> | 400 | 357404 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.65%, 09/03/25<sup>(d)</sup> | 1600 | 1463136 |
| Invesco Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 01/15/26 | 238 | 233956 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/30/43 | 315 | 311727 |
| Jane Street Group/JSG Finance Inc., 4.50%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 315 | 282312 |
| Janus Henderson U.S. Holdings Inc., 4.88%, 08/01/25 (Call 05/01/25) | 158 | 156986 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| Jefferies Finance LLC/JFIN Co-Issuer Corp., 5.00%,08/15/28 (Call 08/15/24)<sup>(b)</sup> | $660 | $563680 |
| Jefferies Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.15%, 01/23/30 | 852 | 796867 |
| &nbsp;&nbsp;&nbsp;4.85%, 01/15/27 | 490 | 491705 |
| &nbsp;&nbsp;&nbsp;6.25%, 01/15/36 | 585 | 621960 |
| &nbsp;&nbsp;&nbsp;6.45%, 06/08/27 | 680 | 720616 |
| &nbsp;&nbsp;&nbsp;6.50%, 01/20/43 | 100 | 105254 |
| Jefferies Group LLC, 2.75%, 10/15/32 (Call 07/15/32) | 145 | 115727 |
| Jefferies Group LLC/Jefferies Group Capital Finance Inc., 2.63%, 10/15/31 (Call 07/15/31) | 300 | 246213 |
| Jefferson Capital Holdings LLC, 6.00%, 08/15/26 (Call 08/15/23)<sup>(b)</sup> | 188 | 157950 |
| JIC Zhixin Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 08/27/25<sup>(d)</sup> | 400 | 365944 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 08/27/30<sup>(d)</sup> | 600 | 503184 |
| Joy Treasure Assets Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 11/17/25 (Call 10/17/25)<sup>(d)</sup> | 600 | 536634 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 11/17/30 (Call 08/17/30)<sup>(d)</sup> | 200 | 160424 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/24/29 (Call 06/24/29)<sup>(d)</sup> | 1000 | 867520 |
| KB Capital Co. Ltd., 1.50%, 10/28/25<sup>(d)</sup> | 200 | 178260 |
| KB Kookmin Card Co. Ltd., 1.50%, 05/13/26<sup>(d)</sup> | 200 | 175666 |
| KB Securities Co. Ltd., 2.13%, 11/01/26<sup>(d)</sup> | 200 | 176350 |
| KKR Group Finance Co. II LLC, 5.50%, 02/01/43 (Call 08/01/42)<sup>(b)(c)</sup> | 71 | 68448 |
| KODIT Global 2022-1 Co. Ltd., 3.62%, 05/27/25<sup>(d)</sup> | 200 | 193288 |
| Korea Investment & Securities Co. Ltd., 1.38%,07/19/24<sup>(d)</sup> | 400 | 374112 |
| Kuwait Projects Co. SPC Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.23%, 10/29/26<sup>(d)</sup> | 200 | 175552 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/23/27<sup>(d)</sup> | 600 | 516636 |
| Lazard Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 03/01/27 (Call 12/01/26) | 133 | 125902 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/13/25 | 284 | 276536 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/11/29 (Call 12/11/28) | 249 | 239501 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/19/28 (Call 06/19/28) | 517 | 501226 |
| LD Holdings Group LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 04/01/28 (Call 04/01/24)<sup>(b)</sup> | 355 | 231180 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 11/01/25 (Call 11/01/23)<sup>(b)</sup> | 340 | 260658 |
| LeasePlan Corp. NV, 2.88%, 10/24/24<sup>(b)</sup> | 615 | 583371 |
| Legend Fortune Ltd., 1.38%, 06/02/24<sup>(d)</sup> | 600 | 570798 |
| Legg Mason Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/26 | 218 | 219402 |
| &nbsp;&nbsp;&nbsp;5.63%, 01/15/44 | 341 | 355752 |
| LFS Topco LLC, 5.88%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 175 | 144818 |
| LPL Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 600 | 536946 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/15/31 (Call 05/15/26)<sup>(b)</sup> | 225 | 197152 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/27 (Call 11/15/23)<sup>(b)</sup> | 458 | 435837 |
| LSEGA Financing PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.65%, 04/06/24 (Call 03/06/24)<sup>(b)</sup> | 1128 | 1068803 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 04/06/26 (Call 03/06/24)<sup>(b)</sup> | 1115 | 998438 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/06/28 (Call 02/06/28)<sup>(b)</sup> | 1440 | 1262981 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/06/31 (Call 01/06/31)<sup>(b)</sup> | 1000 | 862500 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 04/06/41 (Call 10/06/40)<sup>(b)</sup> | 280 | 222942 |
| Mastercard Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 03/15/31 (Call 12/15/30) | 482 | 407010 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/03/25 (Call 02/03/25) | 406 | 386406 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/18/31 (Call 08/18/31) | 790 | 662747 |
| &nbsp;&nbsp;&nbsp;2.95%, 11/21/26 (Call 08/21/26) | 706 | 676412 |
| &nbsp;&nbsp;&nbsp;2.95%, 06/01/29 (Call 03/01/29) | 584 | 544615 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 03/15/51 (Call 09/15/50) | $445 | $343932 |
| &nbsp;&nbsp;&nbsp;3.30%, 03/26/27 (Call 01/26/27) | 680 | 660865 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/26/30 (Call 12/26/29) | 1155 | 1094039 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/01/24 | 639 | 630092 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/26/28 (Call 11/26/27) | 755 | 734441 |
| &nbsp;&nbsp;&nbsp;3.65%, 06/01/49 (Call 12/01/48) | 247 | 217395 |
| &nbsp;&nbsp;&nbsp;3.80%, 11/21/46 (Call 05/21/46) | 667 | 597545 |
| &nbsp;&nbsp;&nbsp;3.85%, 03/26/50 (Call 09/26/49) | 736 | 667758 |
| &nbsp;&nbsp;&nbsp;3.95%, 02/26/48 (Call 08/26/47) | 843 | 779134 |
| Mexico Remittances Funding Fiduciary Estate Management Sarl, 4.88%, 01/15/28<sup>(d)</sup> | 400 | 369688 |
| Midcap Financial Issuer Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | 270 | 217904 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 05/01/28 (Call 05/01/24)<sup>(b)</sup> | 705 | 621309 |
| Mirae Asset Securities Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 07/07/24<sup>(d)</sup> | 400 | 374532 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 07/30/25<sup>(d)</sup> | 200 | 181072 |
| Mitsubishi HC Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.56%, 02/28/24 (Call 01/28/24)<sup>(b)</sup> | 600 | 589068 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.64%, 04/13/25 (Call 03/13/25)<sup>(b)(c)</sup> | 200 | 192794 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.08%, 09/15/27 (Call 08/15/27)<sup>(b)</sup> | 225 | 226395 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;5.05%, 01/28/27 | 900 | 902979 |
| &nbsp;&nbsp;&nbsp;5.95%, 01/19/38 | 725 | 738572 |
| Morgan Stanley Domestic Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 08/24/27 (Call 05/24/27) | 748 | 725964 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/20/28 (Call 03/20/28) | 636 | 635758 |
| Nasdaq Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 01/15/31 (Call 10/15/30) | 758 | 605255 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/21/40 (Call 06/21/40) | 495 | 344896 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/28/50 (Call 10/28/49) | 615 | 444983 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/30/26 (Call 03/30/26) | 835 | 815043 |
| Nationstar Mortgage Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/15/30 (Call 12/15/25)<sup>(b)</sup> | 465 | 376701 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 590 | 515436 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 11/15/31 (Call 11/15/26)<sup>(b)</sup> | 410 | 332547 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/27 (Call 01/15/24)<sup>(b)</sup> | 390 | 362532 |
| Navient Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/28 (Call 06/15/27) | 395 | 349437 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/15/27 (Call 09/15/26) | 465 | 424740 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/15/29 (Call 06/15/28) | 460 | 407206 |
| &nbsp;&nbsp;&nbsp;5.63%, 08/01/33 | 425 | 332711 |
| &nbsp;&nbsp;&nbsp;5.88%, 10/25/24 | 335 | 331295 |
| &nbsp;&nbsp;&nbsp;6.13%, 03/25/24 | 630 | 628589 |
| &nbsp;&nbsp;&nbsp;6.75%, 06/25/25 | 350 | 349248 |
| &nbsp;&nbsp;&nbsp;6.75%, 06/15/26 | 330 | 326000 |
| Neuberger Berman Group LLC/Neuberger Berman Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/15/27 (Call 12/15/26)<sup>(b)</sup> | 480 | 462624 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 04/15/45 (Call 10/15/44)<sup>(b)</sup> | 650 | 566033 |
| NFP Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 365 | 319171 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 1557 | 1348191 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 10/01/30 (Call 10/01/25)<sup>(b)</sup> | 230 | 219496 |
| NH Investment & Securities Co. Ltd., 1.88%, 10/07/26<sup>(d)</sup> | 200 | 176478 |
| Nomura Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 07/14/26 | 1495 | 1328083 |
| &nbsp;&nbsp;&nbsp;1.85%, 07/16/25 | 200 | 184080 |
| &nbsp;&nbsp;&nbsp;2.17%, 07/14/28 | 530 | 451290 |
| &nbsp;&nbsp;&nbsp;2.33%, 01/22/27 | 505 | 454066 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.61%, 07/14/31 | $275 | $222662 |
| &nbsp;&nbsp;&nbsp;2.65%, 01/16/25 | 905 | 861098 |
| &nbsp;&nbsp;&nbsp;2.68%, 07/16/30 | 800 | 665304 |
| &nbsp;&nbsp;&nbsp;2.71%, 01/22/29 | 520 | 449920 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/22/32 | 325 | 268775 |
| &nbsp;&nbsp;&nbsp;3.10%, 01/16/30 | 815 | 706197 |
| &nbsp;&nbsp;&nbsp;5.10%, 07/03/25 | 405 | 403846 |
| &nbsp;&nbsp;&nbsp;5.39%, 07/06/27 | 400 | 403716 |
| &nbsp;&nbsp;&nbsp;5.61%, 07/06/29 | 400 | 406632 |
| &nbsp;&nbsp;&nbsp;5.71%, 01/09/26 | 530 | 537017 |
| &nbsp;&nbsp;&nbsp;5.84%, 01/18/28 | 530 | 546409 |
| &nbsp;&nbsp;&nbsp;6.18%, 01/18/33 | 530 | 559314 |
| Nuveen Finance LLC, 4.13%, 11/01/24<sup>(b)</sup> | 1417 | 1388929 |
| Nuveen LLC, 4.00%, 11/01/28 (Call 08/01/28)<sup>(b)</sup> | 753 | 726231 |
| Ocean Laurel Co. Ltd., 2.38%, 10/20/25<sup>(d)</sup> | 400 | 361024 |
| OneMain Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/27 (Call 01/15/24) | 410 | 358127 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/15/28 (Call 09/15/24) | 350 | 294658 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/30 (Call 09/15/25) | 565 | 450333 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/15/29 (Call 05/15/29) | 579 | 506816 |
| &nbsp;&nbsp;&nbsp;6.13%, 03/15/24 (Call 09/15/23) | 803 | 796472 |
| &nbsp;&nbsp;&nbsp;6.63%, 01/15/28 (Call 07/15/27) | 640 | 622931 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/15/25 | 1085 | 1081452 |
| &nbsp;&nbsp;&nbsp;7.13%, 03/15/26 | 1215 | 1208342 |
| ORIX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 03/09/31 | 720 | 592013 |
| &nbsp;&nbsp;&nbsp;3.25%, 12/04/24 | 404 | 392664 |
| &nbsp;&nbsp;&nbsp;3.70%, 07/18/27 | 271 | 261707 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/13/32 | 350 | 324758 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/13/27 | 280 | 285597 |
| &nbsp;&nbsp;&nbsp;5.20%, 09/13/32 | 270 | 274506 |
| Oxford Finance LLC/Oxford Finance Co-Issuer II Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 02/01/27 (Call 02/01/24)<sup>(b)</sup> | 330 | 315632 |
| Park Aerospace Holdings Ltd., 5.50%, 02/15/24<sup>(b)</sup> | 935 | 928446 |
| PennyMac Financial Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 445 | 365737 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 10/15/25 (Call 10/15/23)<sup>(b)</sup> | 460 | 429047 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/15/31 (Call 09/15/26)<sup>(b)</sup> | 335 | 282063 |
| PHH Mortgage Corp., 7.88%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 245 | 223790 |
| Pine Street Trust II, 5.57%, 02/15/49 (Call 08/15/48)<sup>(b)</sup> | 585 | 539159 |
| Pingan Real Estate Capital Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 07/29/24<sup>(d)</sup> | 400 | 360384 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 07/29/26<sup>(d)</sup> | 400 | 315972 |
| Pioneer Reward Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/09/26<sup>(d)</sup> | 800 | 736312 |
| &nbsp;&nbsp;&nbsp;2.38%, 03/03/25 | 1000 | 947650 |
| Power Finance Corp. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/16/24<sup>(d)</sup> | 200 | 192600 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.35%, 05/16/31<sup>(d)</sup> | 600 | 499794 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/06/27<sup>(d)</sup> | 200 | 185612 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 09/16/29<sup>(d)</sup> | 400 | 357260 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/23/30<sup>(d)</sup> | 600 | 530316 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/18/29<sup>(d)</sup> | 200 | 186888 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/10/28<sup>(d)</sup> | 200 | 197166 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.15%, 12/06/28<sup>(c)(d)</sup> | 400 | 410908 |
| Power Sector Assets & Liabilities Management Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.39%, 12/02/24<sup>(d)</sup> | 800 | 830856 |
| PRA Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 245 | 211259 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 09/01/25 (Call 03/03/23)<sup>(b)</sup> | 210 | 208633 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;8.38%, 02/01/28 | $260 | $261373 |
| Private Export Funding Corp., Series GG, 2.45%, 07/15/24 | 200 | 192930 |
| Provident Funding Associates LP/PFG Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 06/15/25 (Call 05/24/23)<sup>(b)</sup> | 205 | 192136 |
| Radian Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/24 (Call 07/01/24) | 420 | 407770 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/27 (Call 09/15/26) | 336 | 319512 |
| &nbsp;&nbsp;&nbsp;6.63%, 03/15/25 (Call 09/15/24) | 682 | 682873 |
| Raymond James Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/51 (Call 10/01/50) | 251 | 198621 |
| &nbsp;&nbsp;&nbsp;4.65%, 04/01/30 (Call 01/01/30) | 352 | 350402 |
| &nbsp;&nbsp;&nbsp;4.95%, 07/15/46 | 727 | 700821 |
| REC Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 09/01/26<sup>(d)</sup> | 600 | 533556 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/13/27<sup>(d)</sup> | 200 | 180820 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 07/25/24<sup>(d)</sup> | 400 | 387492 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/07/27<sup>(d)</sup> | 200 | 187702 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/22/28<sup>(d)</sup> | 600 | 575970 |
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 885 | 789420 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/01/29 (Call 03/09/23)<sup>(b)(c)</sup> | 485 | 409238 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 03/01/31 (Call 03/01/26)<sup>(b)</sup> | 895 | 728915 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/15/33 (Call 10/15/27)<sup>(b)</sup> | 550 | 436062 |
| Sarana Multi Infrastruktur Persero PT, 2.05%, 05/11/26<sup>(d)</sup> | 200 | 176206 |
| Shinhan Card Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 10/19/25<sup>(d)</sup> | 400 | 358156 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/27/27<sup>(d)</sup> | 400 | 357288 |
| Shriram Transport Finance Co. Ltd., 4.40%, 03/13/24<sup>(d)</sup> | 400 | 386472 |
| &nbsp;&nbsp;&nbsp;SLM Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 11/02/26 (Call 10/02/26) | 360 | 317873 |
| &nbsp;&nbsp;&nbsp;4.20%, 10/29/25 (Call 09/29/25) | 320 | 299686 |
| Soar Wise Ltd., 1.75%, 03/30/24<sup>(d)</sup> | 400 | 383856 |
| Standard Life Aberdeen PLC, 4.25%, 06/30/28<sup>(d)</sup> | 300 | 269250 |
| State Elite Global Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 09/29/26<sup>(d)</sup> | 600 | 540186 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.59%, 10/24/24, (3 mo. LIBOR US + 0.770%)<sup>(a)(d)</sup> | 800 | 799360 |
| Stifel Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 05/15/30 (Call 02/15/30) | 225 | 202388 |
| &nbsp;&nbsp;&nbsp;4.25%, 07/18/24 | 446 | 440452 |
| StoneX Group Inc., 8.63%, 06/15/25 (Call 06/15/23)<sup>(b)</sup> | 235 | 237498 |
| Sumitomo Mitsui Finance & Leasing Co. Ltd., 2.51%, 01/22/25 (Call 12/22/24)<sup>(d)</sup> | 600 | 567894 |
| Sunrise Cayman Ltd., 5.25%, 03/11/24<sup>(d)</sup> | 500 | 492210 |
| SURA Asset Management SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/11/27<sup>(d)</sup> | 400 | 381660 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 04/17/24<sup>(d)</sup> | 200 | 198648 |
| Synchrony Financial |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 10/28/31 (Call 07/28/31) | 672 | 523092 |
| &nbsp;&nbsp;&nbsp;3.70%, 08/04/26 (Call 05/04/26) | 725 | 676519 |
| &nbsp;&nbsp;&nbsp;3.95%, 12/01/27 (Call 09/01/27) | 1089 | 1007227 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/15/24 (Call 05/15/24) | 886 | 870344 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/19/24 (Call 02/19/24) | 905 | 894801 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/23/25 (Call 04/24/25) | 1075 | 1045857 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/13/25 (Call 05/13/25) | 185 | 181539 |
| &nbsp;&nbsp;&nbsp;5.15%, 03/19/29 (Call 12/19/28) | 615 | 587159 |
| &nbsp;&nbsp;&nbsp;7.25%, 02/02/33 | 400 | 399492 |
| United Wholesale Mortgage LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 11/15/25 (Call 11/15/23)<sup>(b)</sup> | 530 | 496992 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/29 (Call 03/30/24)<sup>(b)</sup> | 480 | 412829 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 06/15/27 (Call 06/15/24)<sup>(b)</sup> | $345 | $309803 |
| USAA Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.50%, 05/01/24<sup>(b)</sup> | 290 | 275338 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 05/01/25<sup>(b)</sup> | 430 | 418493 |
| Vertex Capital Investment Ltd., 4.75%, 04/03/24<sup>(d)</sup> | 400 | 386148 |
| Visa Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 08/15/27 (Call 06/15/27) | 400 | 349576 |
| &nbsp;&nbsp;&nbsp;1.10%, 02/15/31 (Call 11/15/30) | 620 | 494090 |
| &nbsp;&nbsp;&nbsp;1.90%, 04/15/27 (Call 02/15/27) | 838 | 768773 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/15/50 (Call 02/15/50) | 1255 | 796825 |
| &nbsp;&nbsp;&nbsp;2.05%, 04/15/30 (Call 01/15/30) | 682 | 595843 |
| &nbsp;&nbsp;&nbsp;2.70%, 04/15/40 (Call 10/15/39) | 1065 | 850743 |
| &nbsp;&nbsp;&nbsp;2.75%, 09/15/27 (Call 06/15/27) | 596 | 564692 |
| &nbsp;&nbsp;&nbsp;3.15%, 12/14/25 (Call 09/14/25) | 1829 | 1776343 |
| &nbsp;&nbsp;&nbsp;3.65%, 09/15/47 (Call 03/15/47) | 978 | 861373 |
| &nbsp;&nbsp;&nbsp;4.15%, 12/14/35 (Call 06/14/35) | 1770 | 1750406 |
| &nbsp;&nbsp;&nbsp;4.30%, 12/14/45 (Call 06/14/45) | 2432 | 2365071 |
| VistaJet Malta Finance PLC/XO Management Holding Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 02/01/30 (Call 02/01/25)<sup>(b)(c)</sup> | 710 | 626731 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 05/01/27 (Call 04/26/24)<sup>(b)(c)</sup> | 350 | 338692 |
| Western Union Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 03/15/26 (Call 02/15/26) | 687 | 612344 |
| &nbsp;&nbsp;&nbsp;2.75%, 03/15/31 (Call 12/15/30) | 415 | 329954 |
| &nbsp;&nbsp;&nbsp;2.85%, 01/10/25 (Call 12/10/24) | 477 | 458411 |
| &nbsp;&nbsp;&nbsp;6.20%, 11/17/36 | 525 | 545648 |
| World Acceptance Corp., 7.00%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | 202 | 155942 |
| Xingsheng BVI Co. Ltd., 1.38%, 08/25/24 (Call 07/25/24)<sup>(d)</sup> | 200 | 188164 |
| XP Inc., 3.25%, 07/01/26 (Call 06/01/26)<sup>(d)</sup> | 400 | 359548 |
|  |  | 290544952 |
| **Electric — 2.3%** |  |  |
| Abu Dhabi National Energy Co. PJSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/29/28 (Call 01/29/28)<sup>(d)</sup> | 800 | 716464 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 04/29/51 (Call 10/29/50)<sup>(d)</sup> | 600 | 475446 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/06/24<sup>(d)</sup> | 200 | 197408 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/03/49<sup>(d)</sup> | 200 | 175374 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/23/25<sup>(d)</sup> | 800 | 795808 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/22/26<sup>(d)</sup> | 800 | 799136 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 04/23/30<sup>(d)</sup> | 600 | 622194 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/27/36<sup>(b)</sup> | 480 | 560467 |
| Adani Electricity Mumbai Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.87%, 07/22/31 (Call 01/22/31)<sup>(d)</sup> | 200 | 142736 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 02/12/30<sup>(d)</sup> | 600 | 448098 |
| Adani Green Energy Ltd., 4.38%, 09/08/24<sup>(d)</sup> | 600 | 465528 |
| Adani Transmission Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/03/26<sup>(d)</sup> | 400 | 323076 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/21/36<sup>(d)</sup> | 423 | 313626 |
| AEP Texas Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 05/15/51 (Call 11/15/50) | 140 | 108146 |
| &nbsp;&nbsp;&nbsp;3.80%, 10/01/47 (Call 04/01/47) | 385 | 302933 |
| &nbsp;&nbsp;&nbsp;3.95%, 06/01/28 (Call 03/01/28) | 55 | 52920 |
| &nbsp;&nbsp;&nbsp;4.70%, 05/15/32 (Call 02/15/32) | 160 | 159442 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/15/52 (Call 11/15/51) | 160 | 163130 |
| &nbsp;&nbsp;&nbsp;Series G, 4.15%, 05/01/49 (Call 11/01/48) | 360 | 306036 |
| &nbsp;&nbsp;&nbsp;Series H, 3.45%, 01/15/50 (Call 07/15/49) | 527 | 407060 |
| &nbsp;&nbsp;&nbsp;Series I, 2.10%, 07/01/30 (Call 04/01/30) | 500 | 417870 |
| AEP Transmission Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 12/01/26 (Call 09/01/26) | 105 | 100016 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 09/15/49 (Call 03/15/49) | $280 | $210854 |
| &nbsp;&nbsp;&nbsp;3.75%, 12/01/47 (Call 06/01/47) | 407 | 342576 |
| &nbsp;&nbsp;&nbsp;3.80%, 06/15/49 (Call 12/15/48) | 145 | 122120 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/01/46 (Call 06/01/46) | 60 | 50929 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/15/48 (Call 03/15/48) | 350 | 317107 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/15/52 (Call 12/15/51) | 465 | 443103 |
| &nbsp;&nbsp;&nbsp;Series M, 3.65%, 04/01/50 (Call 10/01/49) | 430 | 353731 |
| &nbsp;&nbsp;&nbsp;Series N, 2.75%, 08/15/51 (Call 02/15/51) | 105 | 72005 |
| AES Andes SA., 7.13%, 03/26/79 (Call 07/06/24)<sup>(a)(d)</sup> | 400 | 389436 |
| AES Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 01/15/26 (Call 12/15/25) | 1370 | 1234288 |
| &nbsp;&nbsp;&nbsp;2.45%, 01/15/31 (Call 10/15/30) | 150 | 124124 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 07/15/25 (Call 06/15/25)<sup>(b)</sup> | 842 | 803689 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 07/15/30 (Call 04/15/30)<sup>(b)</sup> | 837 | 765001 |
| AES Panama Generation Holdings SRL, 4.38%, 05/31/30 (Call 02/28/30)<sup>(d)</sup> | 1000 | 892020 |
| Alabama Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 03/15/52 (Call 09/15/51) | 213 | 151720 |
| &nbsp;&nbsp;&nbsp;3.13%, 07/15/51 (Call 01/15/51) | 435 | 317802 |
| &nbsp;&nbsp;&nbsp;3.45%, 10/01/49 (Call 04/01/49) | 743 | 573336 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/01/27 (Call 08/01/27) | 270 | 264219 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/01/45 (Call 09/01/44) | 871 | 720979 |
| &nbsp;&nbsp;&nbsp;3.85%, 12/01/42 | 139 | 118276 |
| &nbsp;&nbsp;&nbsp;3.94%, 09/01/32 (Call 03/01/32) | 420 | 399437 |
| &nbsp;&nbsp;&nbsp;4.15%, 08/15/44 (Call 02/15/44) | 324 | 286108 |
| &nbsp;&nbsp;&nbsp;4.30%, 01/02/46 (Call 07/02/45) | 295 | 260638 |
| &nbsp;&nbsp;&nbsp;6.00%, 03/01/39 | 290 | 316541 |
| &nbsp;&nbsp;&nbsp;6.13%, 05/15/38 | 130 | 146429 |
| &nbsp;&nbsp;&nbsp;Series 20-A, 1.45%, 09/15/30 (Call 06/15/30) | 795 | 641724 |
| &nbsp;&nbsp;&nbsp;Series A, 4.30%, 07/15/48 (Call 01/15/48) | 473 | 419873 |
| &nbsp;&nbsp;&nbsp;Series B, 3.70%, 12/01/47 (Call 06/01/47) | 402 | 328840 |
| Alfa Desarrollo SpA, 4.55%, 09/27/51 (Call 03/27/51)<sup>(d)</sup> | 797 | 640776 |
| Algonquin Power & Utilities Corp., 4.75%, 01/18/82 (Call 01/18/27)<sup>(a)</sup> | 506 | 426106 |
| Alliant Energy Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 03/01/32 (Call 12/01/31)<sup>(b)</sup> | 500 | 448760 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/15/28 (Call 03/15/28)<sup>(b)</sup> | 418 | 399612 |
| Ameren Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 03/15/27 (Call 02/15/27) | 510 | 458765 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/15/24 (Call 08/15/24) | 534 | 514087 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/31 (Call 10/15/30) | 658 | 604090 |
| &nbsp;&nbsp;&nbsp;3.65%, 02/15/26 (Call 11/15/25) | 390 | 379127 |
| Ameren Illinois Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.55%, 11/15/30 (Call 08/15/30) | 275 | 223729 |
| &nbsp;&nbsp;&nbsp;2.90%, 06/15/51 (Call 12/15/50) | 123 | 88410 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/01/25 (Call 12/01/24) | 117 | 113833 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/15/50 (Call 09/15/49) | 759 | 584696 |
| &nbsp;&nbsp;&nbsp;3.70%, 12/01/47 (Call 06/01/47) | 372 | 315716 |
| &nbsp;&nbsp;&nbsp;3.80%, 05/15/28 (Call 02/15/28) | 5 | 4875 |
| &nbsp;&nbsp;&nbsp;3.85%, 09/01/32 (Call 06/01/32) | 270 | 259151 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/15/46 (Call 09/15/45) | 430 | 379195 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/49 (Call 09/15/48) | 360 | 349412 |
| &nbsp;&nbsp;&nbsp;5.90%, 12/01/52 (Call 06/01/52) | 451 | 524148 |
| American Electric Power Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.03%, 03/15/24 | 385 | 372122 |
| &nbsp;&nbsp;&nbsp;2.30%, 03/01/30 (Call 12/01/29) | 404 | 341550 |
| &nbsp;&nbsp;&nbsp;3.20%, 11/13/27 (Call 08/13/27) | 455 | 426385 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/01/50 (Call 09/01/49) | 310 | 223488 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/62 (Call 11/15/26)<sup>(a)</sup> | 640 | 544704 |
| &nbsp;&nbsp;&nbsp;5.75%, 11/01/27 (Call 10/01/27) | 770 | 804396 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.95%, 11/01/32 (Call 08/01/32) | $300 | $322689 |
| &nbsp;&nbsp;&nbsp;Series J, 4.30%, 12/01/28 (Call 09/01/28) | 730 | 714765 |
| American Transmission Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.65%, 01/15/32 (Call 10/15/31)<sup>(b)</sup> | 30 | 25622 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/01/44 (Call 03/01/44)<sup>(b)</sup> | 490 | 477451 |
| Appalachian Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.40%, 06/01/25 (Call 03/01/25) | 104 | 100793 |
| &nbsp;&nbsp;&nbsp;4.40%, 05/15/44 (Call 11/15/43) | 335 | 294452 |
| &nbsp;&nbsp;&nbsp;4.45%, 06/01/45 (Call 12/01/44) | 75 | 66285 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/01/32 (Call 05/01/32) | 210 | 204250 |
| &nbsp;&nbsp;&nbsp;7.00%, 04/01/38 | 245 | 288804 |
| &nbsp;&nbsp;&nbsp;Series AA, 2.70%, 04/01/31 (Call 01/01/31) | 270 | 230410 |
| &nbsp;&nbsp;&nbsp;Series X, 3.30%, 06/01/27 (Call 03/01/27) | 35 | 33623 |
| &nbsp;&nbsp;&nbsp;Series Y, 4.50%, 03/01/49 (Call 09/01/48) | 75 | 66782 |
| &nbsp;&nbsp;&nbsp;Series Z, 3.70%, 05/01/50 (Call 11/01/49) | 225 | 179975 |
| Arizona Public Service Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 12/15/31 (Call 09/15/31) | 210 | 166690 |
| &nbsp;&nbsp;&nbsp;2.60%, 08/15/29 (Call 05/15/29) | 554 | 476988 |
| &nbsp;&nbsp;&nbsp;2.65%, 09/15/50 (Call 03/15/50) | 175 | 110828 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/15/27 (Call 06/15/27) | 320 | 296710 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 05/15/25 (Call 02/15/25)<sup>(c)</sup> | 355 | 341176 |
| &nbsp;&nbsp;&nbsp;3.35%, 05/15/50 (Call 11/15/49) | 525 | 375501 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/49 (Call 06/01/49) | 313 | 229867 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/15/46 (Call 11/15/45) | 115 | 88720 |
| &nbsp;&nbsp;&nbsp;4.20%, 08/15/48 (Call 02/15/48) | 287 | 235828 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/01/49 (Call 09/01/48) | 295 | 244354 |
| &nbsp;&nbsp;&nbsp;4.35%, 11/15/45 (Call 05/15/45) | 348 | 294502 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/42 (Call 10/01/41) | 321 | 282242 |
| &nbsp;&nbsp;&nbsp;5.05%, 09/01/41 (Call 03/01/41) | 297 | 281155 |
| &nbsp;&nbsp;&nbsp;6.35%, 12/15/32 (Call 09/15/32) | 200 | 219130 |
| Atlantic City Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 03/15/31 (Call 12/15/30) | 215 | 180622 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/15/28 (Call 07/15/28) | 278 | 270833 |
| Atlantica Sustainable Infrastructure PLC, 4.13%, 06/15/28 (Call 06/15/25)<sup>(b)</sup> | 245 | 218290 |
| Atlantica Transmision Sur SA, 6.88%, 04/30/43 | 188 | 174382 |
| Ausgrid Finance Pty Ltd., 4.35%, 08/01/28 (Call 05/01/28)<sup>(b)(c)</sup> | 240 | 228499 |
| Avangrid Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 12/01/24 (Call 10/01/24) | 588 | 568525 |
| &nbsp;&nbsp;&nbsp;3.20%, 04/15/25 (Call 03/15/25) | 453 | 435419 |
| &nbsp;&nbsp;&nbsp;3.80%, 06/01/29 (Call 03/01/29) | 627 | 589944 |
| Avista Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/52 (Call 10/01/51) | 15 | 12676 |
| &nbsp;&nbsp;&nbsp;4.35%, 06/01/48 (Call 12/01/47) | 315 | 283235 |
| Baltimore Gas & Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 06/15/31 (Call 03/15/31) | 503 | 423451 |
| &nbsp;&nbsp;&nbsp;2.90%, 06/15/50 (Call 12/15/49) | 490 | 353148 |
| &nbsp;&nbsp;&nbsp;3.20%, 09/15/49 (Call 03/15/49) | 566 | 428015 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/15/46 (Call 02/15/46) | 440 | 349083 |
| &nbsp;&nbsp;&nbsp;3.75%, 08/15/47 (Call 02/15/47) | 603 | 498995 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/15/48 (Call 03/15/48) | 225 | 200698 |
| &nbsp;&nbsp;&nbsp;4.55%, 06/01/52 (Call 12/01/51) | 305 | 287505 |
| &nbsp;&nbsp;&nbsp;6.35%, 10/01/36 | 70 | 78121 |
| Basin Electric Power Cooperative, 4.75%, 04/26/47 (Call 10/26/46)<sup>(b)</sup> | 378 | 313090 |
| Berkshire Hathaway Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 05/15/31 (Call 02/15/31) | 677 | 544342 |
| &nbsp;&nbsp;&nbsp;2.85%, 05/15/51 (Call 11/15/50) | 673 | 475441 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/15/28 (Call 01/15/28) | 910 | 865091 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/25 (Call 11/01/24) | 470 | 459994 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 07/15/30 (Call 04/15/30) | $720 | $687298 |
| &nbsp;&nbsp;&nbsp;3.80%, 07/15/48 (Call 01/15/48) | 595 | 494153 |
| &nbsp;&nbsp;&nbsp;4.05%, 04/15/25 (Call 03/15/25) | 845 | 834826 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/15/50 (Call 04/15/50) | 596 | 528688 |
| &nbsp;&nbsp;&nbsp;4.45%, 01/15/49 (Call 07/15/48) | 545 | 505618 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/01/45 (Call 08/01/44) | 723 | 674291 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 05/01/53 (Call 11/01/52)<sup>(b)</sup> | 395 | 371339 |
| &nbsp;&nbsp;&nbsp;5.15%, 11/15/43 (Call 05/15/43) | 753 | 762819 |
| &nbsp;&nbsp;&nbsp;5.95%, 05/15/37 | 123 | 133715 |
| &nbsp;&nbsp;&nbsp;6.13%, 04/01/36 | 1305 | 1449163 |
| Black Hills Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 06/15/30 (Call 03/15/30) | 292 | 244848 |
| &nbsp;&nbsp;&nbsp;3.05%, 10/15/29 (Call 07/15/29) | 397 | 348622 |
| &nbsp;&nbsp;&nbsp;3.88%, 10/15/49 (Call 04/15/49) | 276 | 211863 |
| &nbsp;&nbsp;&nbsp;4.20%, 09/15/46 (Call 03/15/46) | 269 | 221352 |
| &nbsp;&nbsp;&nbsp;4.35%, 05/01/33 (Call 02/01/33) | 315 | 293725 |
| Calpine Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/01/31 (Call 03/01/26)<sup>(b)</sup> | 590 | 491995 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 790 | 729597 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 590 | 512763 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/31 (Call 02/01/26)<sup>(b)</sup> | 582 | 498716 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 03/15/28 (Call 03/15/23)<sup>(b)</sup> | 994 | 899769 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/01/26 (Call 06/01/23)<sup>(b)(c)</sup> | 301 | 291651 |
| Castle Peak Power Finance Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 03/03/31<sup>(d)</sup> | 400 | 327024 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.20%, 06/22/30<sup>(d)</sup> | 200 | 168194 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 07/25/27<sup>(d)</sup> | 200 | 190388 |
| Cemig Geracao e Transmissao SA, 9.25%, 12/05/24 (Call 12/05/23)<sup>(d)</sup> | 400 | 411104 |
| CenterPoint Energy Houston Electric LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.55%, 08/01/42 (Call 02/01/42) | 330 | 278494 |
| &nbsp;&nbsp;&nbsp;3.60%, 03/01/52 (Call 09/01/51) | 45 | 37283 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/01/48 (Call 09/01/47) | 563 | 492980 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/44 (Call 10/01/43) | 335 | 317587 |
| &nbsp;&nbsp;&nbsp;Series AA, 3.00%, 02/01/27 (Call 11/01/26) | 65 | 62279 |
| &nbsp;&nbsp;&nbsp;Series AC, 4.25%, 02/01/49 (Call 08/01/48) | 365 | 336037 |
| &nbsp;&nbsp;&nbsp;Series AD, 2.90%, 07/01/50 (Call 01/01/50) | 733 | 528684 |
| &nbsp;&nbsp;&nbsp;Series AG, 3.00%, 03/01/32 (Call 12/01/31) | 80 | 71846 |
| &nbsp;&nbsp;&nbsp;Series ai., 4.45%, 10/01/32 (Call 07/01/32) | 320 | 320486 |
| &nbsp;&nbsp;&nbsp;Series AJ, 4.85%, 10/01/52 (Call 04/01/52) | 100 | 101224 |
| &nbsp;&nbsp;&nbsp;Series K2, 6.95%, 03/15/33 | 3 | 3495 |
| &nbsp;&nbsp;&nbsp;Series Z, 2.40%, 09/01/26 (Call 06/01/26) | 88 | 81983 |
| CenterPoint Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 06/01/26 (Call 05/01/26) | 416 | 375977 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/24 (Call 08/01/24) | 495 | 477393 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/01/31 (Call 03/01/31) | 305 | 261376 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/01/30 (Call 12/01/29) | 175 | 155411 |
| &nbsp;&nbsp;&nbsp;3.70%, 09/01/49 (Call 03/01/49) | 661 | 526460 |
| Centrais Eletricas Brasileiras SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/04/25<sup>(d)</sup> | 200 | 190628 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 02/04/30<sup>(d)</sup> | 600 | 524394 |
| CGNPC International Ltd., 2.75%, 07/02/24<sup>(d)</sup> | 400 | 388460 |
| Chile Electricity PEC SpA,0.00% 01/25/28<sup>(d)(e)</sup> | 200 | 148216 |
| China Clean Energy Development Ltd. 4.00%, 11/05/25 <sup>(d)</sup> | 1200 | 1165740 |
| China Huadian Overseas Development 2018 Ltd., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, (Call 06/23/25)<sup>(a)(d)(f)</sup> | 1000 | 957760 |
| China Huaneng Group Hong Kong Treasury |  |  |
| &nbsp;&nbsp;&nbsp;Management Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.60%, 01/20/26<sup>(d)</sup> | 800 | 735192 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.60%, 12/10/24<sup>(d)</sup> | 200 | 191998 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/10/29<sup>(d)</sup> | $200 | $181934 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.08%, (Call 12/09/25)<sup>(a)(d)(f)</sup> | 600 | 566550 |
| China Southern Power Grid International Finance BVI 2018 Co. Ltd., 4.25%, 09/18/28<sup>(d)</sup> | 800 | 794232 |
| China Southern Power Grid International Finance BVI Co. Ltd., 3.50%, 05/08/27<sup>(d)</sup> | 400 | 386744 |
| Chugoku Electric Power Co. Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.40%, 08/27/24<sup>(d)</sup> | 400 | 382304 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.49%, 02/28/24<sup>(d)</sup> | 200 | 196240 |
| Cikarang Listrindo Tbk PT, 4.95%, 09/14/26 (Call 03/02/23)<sup>(d)</sup> | 400 | 379476 |
| Clearway Energy Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/31 (Call 02/15/26)<sup>(b)(c)</sup> | 650 | 549906 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/15/32 (Call 01/15/27)<sup>(b)</sup> | 265 | 218848 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/15/28 (Call 03/15/23)<sup>(b)</sup> | 616 | 580826 |
| Cleco Corporate Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.74%, 05/01/26 (Call 02/01/26) | 862 | 822193 |
| &nbsp;&nbsp;&nbsp;4.97%, 05/01/46 (Call 11/01/45) | 385 | 341757 |
| Cleveland Electric Illuminating Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/28 (Call 01/01/28)<sup>(b)</sup> | 560 | 523942 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.55%, 11/15/30 (Call 08/15/30)<sup>(b)</sup> | 345 | 334353 |
| &nbsp;&nbsp;&nbsp;5.50%, 08/15/24 | 220 | 222235 |
| &nbsp;&nbsp;&nbsp;5.95%, 12/15/36 | 340 | 352033 |
| CLP Power HK Finance Ltd., 3.55%, (Call 11/06/24)<sup>(a)(d)(f)</sup> | 200 | 192300 |
| CLP Power Hong Kong Financing Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 06/30/30<sup>(d)</sup> | 600 | 500898 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 07/21/31<sup>(d)</sup> | 400 | 328772 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 10/26/27<sup>(d)</sup> | 200 | 190324 |
| CMS Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/26 (Call 02/15/26) | 35 | 33090 |
| &nbsp;&nbsp;&nbsp;3.45%, 08/15/27 (Call 05/15/27) | 211 | 199612 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/01/50 (Call 12/01/30)<sup>(a)</sup> | 377 | 302173 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/01/50 (Call 03/01/30)<sup>(a)</sup> | 428 | 389416 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/01/44 (Call 09/01/43) | 127 | 121229 |
| Colbun SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 03/06/30 (Call 12/06/29)<sup>(d)</sup> | 600 | 529164 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 10/11/27 (Call 07/11/27)<sup>(d)</sup> | 600 | 571176 |
| Cometa Energia SA de CV, 6.38%, 04/24/35 (Call 01/24/35)<sup>(d)</sup> | 514 | 507433 |
| Comision Federal de Electricidad |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.35%, 02/09/31 (Call 11/09/30)<sup>(d)</sup> | 1400 | 1152634 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/26/33 (Call 04/26/33)<sup>(c)(d)</sup> | 600 | 476970 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.68%, 02/09/51 (Call 08/09/50)<sup>(d)</sup> | 400 | 284144 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.69%, 05/15/29 (Call 03/15/29)<sup>(d)</sup> | 800 | 736688 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/23/27<sup>(c)(d)</sup> | 400 | 386352 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 02/14/42<sup>(d)</sup> | 400 | 346544 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 06/16/45<sup>(d)</sup> | 400 | 353560 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.26%, 02/15/52 (Call 08/15/51)<sup>(d)</sup> | 200 | 174686 |
| Commonwealth Edison Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 03/01/30 (Call 12/01/29) | 532 | 459510 |
| &nbsp;&nbsp;&nbsp;2.55%, 06/15/26 (Call 03/15/26) | 647 | 609468 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/50 (Call 09/01/49) | 252 | 185028 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 03/15/32 (Call 12/15/31)<sup>(c)</sup> | 235 | 211928 |
| &nbsp;&nbsp;&nbsp;3.65%, 06/15/46 (Call 12/15/45) | 284 | 232125 |
| &nbsp;&nbsp;&nbsp;3.70%, 08/15/28 (Call 05/15/28) | 690 | 666354 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/01/45 (Call 09/01/44) | 252 | 210299 |
| &nbsp;&nbsp;&nbsp;3.80%, 10/01/42 (Call 04/01/42) | 30 | 25966 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/48 (Call 09/01/47) | 395 | 347359 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/49 (Call 09/01/48) | 498 | 431034 |
| &nbsp;&nbsp;&nbsp;4.35%, 11/15/45 (Call 05/15/45) | 186 | 169463 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.60%, 08/15/43 (Call 02/15/43) | $215 | $206873 |
| &nbsp;&nbsp;&nbsp;4.70%, 01/15/44 (Call 07/15/43) | 231 | 224539 |
| &nbsp;&nbsp;&nbsp;4.90%, 02/01/33 | 75 | 77372 |
| &nbsp;&nbsp;&nbsp;5.30%, 02/01/53 (Call 08/01/52) | 75 | 80023 |
| &nbsp;&nbsp;&nbsp;5.90%, 03/15/36 | 272 | 296597 |
| &nbsp;&nbsp;&nbsp;6.45%, 01/15/38 | 258 | 301006 |
| &nbsp;&nbsp;&nbsp;Series 122, 2.95%, 08/15/27 (Call 05/15/27) | 175 | 165764 |
| &nbsp;&nbsp;&nbsp;Series 123, 3.75%, 08/15/47 (Call 02/15/47) | 808 | 673799 |
| &nbsp;&nbsp;&nbsp;Series 127, 3.20%, 11/15/49 (Call 05/15/49) | 175 | 132493 |
| &nbsp;&nbsp;&nbsp;Series 130, 3.13%, 03/15/51 (Call 09/15/50) | 385 | 287018 |
| &nbsp;&nbsp;&nbsp;Series 131, 2.75%, 09/01/51 (Call 03/01/51) | 555 | 382467 |
| &nbsp;&nbsp;&nbsp;Series 133, 3.85%, 03/15/52 (Call 09/15/51) | 50 | 42523 |
| Connecticut Light & Power Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/48 (Call 10/01/47) | 337 | 303576 |
| &nbsp;&nbsp;&nbsp;4.30%, 04/15/44 (Call 10/15/43) | 295 | 270589 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/53 | 400 | 428388 |
| &nbsp;&nbsp;&nbsp;Series A, 0.75%, 12/01/25 (Call 11/01/25) | 410 | 369299 |
| &nbsp;&nbsp;&nbsp;Series A, 2.05%, 07/01/31 (Call 04/01/31) | 735 | 618708 |
| &nbsp;&nbsp;&nbsp;Series A, 3.20%, 03/15/27 (Call 12/15/26) | 98 | 94243 |
| &nbsp;&nbsp;&nbsp;Series A, 4.15%, 06/01/45 (Call 12/01/44) | 275 | 245924 |
| Consolidated Edison Co. of New York Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 06/15/31 (Call 03/15/31) | 418 | 357403 |
| &nbsp;&nbsp;&nbsp;3.60%, 06/15/61 (Call 12/15/60) | 638 | 499911 |
| &nbsp;&nbsp;&nbsp;3.70%, 11/15/59 (Call 05/15/59) | 232 | 181445 |
| &nbsp;&nbsp;&nbsp;3.80%, 05/15/28 (Call 02/15/28) | 65 | 63127 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/15/46 (Call 12/15/45) | 284 | 236771 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/01/43 (Call 09/01/42) | 630 | 539778 |
| &nbsp;&nbsp;&nbsp;4.45%, 03/15/44 (Call 09/15/43) | 1048 | 967419 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/01/45 (Call 06/01/45) | 421 | 385047 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/58 (Call 11/15/57) | 426 | 381939 |
| &nbsp;&nbsp;&nbsp;4.63%, 12/01/54 (Call 06/01/54) | 267 | 246094 |
| &nbsp;&nbsp;&nbsp;5.70%, 06/15/40 | 203 | 212293 |
| &nbsp;&nbsp;&nbsp;6.15%, 11/15/52 (Call 05/15/52) | 725 | 843139 |
| &nbsp;&nbsp;&nbsp;Series 05-A, 5.30%, 03/01/35 | 60 | 61940 |
| &nbsp;&nbsp;&nbsp;Series 06-A, 5.85%, 03/15/36 | 316 | 337703 |
| &nbsp;&nbsp;&nbsp;Series 06-B, 6.20%, 06/15/36 | 375 | 420262 |
| &nbsp;&nbsp;&nbsp;Series 07-A, 6.30%, 08/15/37 | 50 | 56445 |
| &nbsp;&nbsp;&nbsp;Series 08-B, 6.75%, 04/01/38 | 457 | 535312 |
| &nbsp;&nbsp;&nbsp;Series 09-C, 5.50%, 12/01/39 | 255 | 263349 |
| &nbsp;&nbsp;&nbsp;Series 12-A, 4.20%, 03/15/42 | 263 | 235180 |
| &nbsp;&nbsp;&nbsp;Series 2017, 3.88%, 06/15/47 (Call 12/15/46) | 679 | 559095 |
| &nbsp;&nbsp;&nbsp;Series 20A, 3.35%, 04/01/30 (Call 01/01/30) | 195 | 181065 |
| &nbsp;&nbsp;&nbsp;Series 20B, 3.95%, 04/01/50 (Call 10/01/49) | 780 | 669209 |
| &nbsp;&nbsp;&nbsp;Series A, 4.13%, 05/15/49 (Call 11/15/48) | 430 | 373300 |
| &nbsp;&nbsp;&nbsp;Series B, 3.13%, 11/15/27 (Call 08/15/27) | 35 | 32981 |
| &nbsp;&nbsp;&nbsp;Series C, 3.00%, 12/01/60 (Call 06/01/60) | 302 | 205798 |
| &nbsp;&nbsp;&nbsp;Series C, 4.00%, 11/15/57 (Call 05/15/57) | 535 | 446752 |
| &nbsp;&nbsp;&nbsp;Series C, 4.30%, 12/01/56 (Call 06/01/56) | 495 | 430640 |
| &nbsp;&nbsp;&nbsp;Series D, 4.00%, 12/01/28 (Call 09/01/28) | 100 | 98259 |
| &nbsp;&nbsp;&nbsp;Series E, 4.65%, 12/01/48 (Call 06/01/48) | 675 | 629586 |
| Consorcio Transmantaro SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 04/16/34<sup>(d)</sup> | 600 | 560790 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.20%, 04/11/38 (Call 01/11/38)<sup>(c)(d)</sup> | 200 | 185058 |
| Constellation Energy Generation LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 06/01/25 (Call 05/01/25) | 380 | 366153 |
| &nbsp;&nbsp;&nbsp;5.60%, 06/15/42 (Call 12/15/41) | 600 | 607914 |
| &nbsp;&nbsp;&nbsp;6.25%, 10/01/39 | 420 | 453205 |
| Consumers Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 05/01/60 (Call 11/01/59) | 680 | 414338 |
| &nbsp;&nbsp;&nbsp;2.65%, 08/15/52 (Call 02/15/52) | 85 | 58030 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 08/15/50 (Call 02/15/50) | $540 | $402473 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/15/46 (Call 02/15/46) | 210 | 162908 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/51 (Call 02/01/51) | 266 | 214742 |
| &nbsp;&nbsp;&nbsp;3.60%, 08/15/32 (Call 02/15/32) | 100 | 93900 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/15/50 (Call 08/15/49) | 255 | 214636 |
| &nbsp;&nbsp;&nbsp;3.80%, 11/15/28 (Call 08/15/28) | 78 | 75960 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/15/43 (Call 11/15/42) | 91 | 80123 |
| &nbsp;&nbsp;&nbsp;3.95%, 07/15/47 (Call 01/15/47) | 495 | 431477 |
| &nbsp;&nbsp;&nbsp;4.05%, 05/15/48 (Call 11/15/47) | 490 | 436889 |
| &nbsp;&nbsp;&nbsp;4.20%, 09/01/52 (Call 03/01/52) | 125 | 114145 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/15/49 (Call 10/15/48) | 230 | 214597 |
| &nbsp;&nbsp;&nbsp;4.65%, 03/01/28 | 200 | 202796 |
| Dayton Power & Light Co. (The), 3.95%, 06/15/49 (Call 12/15/48) | 646 | 538770 |
| Delmarva Power & Light Co., 4.15%, 05/15/45 (Call 11/15/44) | 305 | 267970 |
| Dominion Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.07%, 08/15/24<sup>(g)</sup> | 802 | 777764 |
| &nbsp;&nbsp;&nbsp;3.90%, 10/01/25 (Call 07/01/25) | 427 | 419429 |
| &nbsp;&nbsp;&nbsp;4.25%, 06/01/28 (Call 03/01/28) | 534 | 522706 |
| &nbsp;&nbsp;&nbsp;4.35%, 08/15/32 (Call 05/15/32) | 270 | 260709 |
| &nbsp;&nbsp;&nbsp;4.70%, 12/01/44 (Call 06/01/44) | 330 | 299327 |
| &nbsp;&nbsp;&nbsp;4.85%, 08/15/52 (Call 02/15/52) | 300 | 282489 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/15/32 (Call 08/15/32) | 300 | 309420 |
| &nbsp;&nbsp;&nbsp;5.75%, 10/01/54 (Call 10/01/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.057%)<sup>(a)</sup> | 155 | 149724 |
| &nbsp;&nbsp;&nbsp;7.00%, 06/15/38 | 444 | 505725 |
| &nbsp;&nbsp;&nbsp;Series A, 1.45%, 04/15/26 (Call 03/15/26) | 388 | 350372 |
| &nbsp;&nbsp;&nbsp;Series A, 3.30%, 03/15/25 (Call 02/15/25) | 180 | 173902 |
| &nbsp;&nbsp;&nbsp;Series A, 4.60%, 03/15/49 (Call 09/15/48) | 300 | 273909 |
| &nbsp;&nbsp;&nbsp;Series B, 3.30%, 04/15/41 (Call 10/15/40) | 475 | 375673 |
| &nbsp;&nbsp;&nbsp;Series B, 3.60%, 03/15/27 (Call 01/15/27) | 382 | 365738 |
| &nbsp;&nbsp;&nbsp;Series B, 5.95%, 06/15/35 | 350 | 375112 |
| &nbsp;&nbsp;&nbsp;Series C, 2.25%, 08/15/31 (Call 05/15/31) | 325 | 269809 |
| &nbsp;&nbsp;&nbsp;Series C, 3.38%, 04/01/30 (Call 01/01/30) | 1644 | 1500035 |
| &nbsp;&nbsp;&nbsp;Series C, 4.05%, 09/15/42 (Call 03/15/42) | 511 | 423859 |
| &nbsp;&nbsp;&nbsp;Series C, 4.90%, 08/01/41 (Call 02/01/41) | 320 | 300365 |
| &nbsp;&nbsp;&nbsp;Series D, 2.85%, 08/15/26 (Call 05/15/26) | 969 | 907963 |
| &nbsp;&nbsp;&nbsp;Series E, 6.30%, 03/15/33 | 218 | 238976 |
| &nbsp;&nbsp;&nbsp;Series F, 5.25%, 08/01/33 | 885 | 899673 |
| Dominion Energy South Carolina Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.60%, 06/15/43 (Call 12/15/42) | 219 | 207448 |
| &nbsp;&nbsp;&nbsp;5.10%, 06/01/65 (Call 12/01/64) | 210 | 213917 |
| &nbsp;&nbsp;&nbsp;5.30%, 05/15/33 | 120 | 125750 |
| &nbsp;&nbsp;&nbsp;5.45%, 02/01/41 (Call 08/01/40) | 165 | 172151 |
| &nbsp;&nbsp;&nbsp;6.05%, 01/15/38 | 139 | 154617 |
| &nbsp;&nbsp;&nbsp;6.63%, 02/01/32 | 266 | 302205 |
| &nbsp;&nbsp;&nbsp;Series A, 2.30%, 12/01/31 (Call 09/01/31) | 160 | 134442 |
| DPL Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 07/01/25 (Call 04/01/25) | 227 | 216624 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/15/29 (Call 01/15/29) | 297 | 272518 |
| Drax Finco PLC, 6.63%, 11/01/25 (Call 05/01/23)<sup>(b)</sup> | 350 | 341649 |
| DTE Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 03/01/30 (Call 12/01/29) | 366 | 317805 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/01/50 (Call 09/01/49) | 352 | 258115 |
| &nbsp;&nbsp;&nbsp;3.38%, 03/01/25 (Call 12/01/24) | 214 | 208943 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/15/24 (Call 12/15/23) | 260 | 256732 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/15/45 (Call 09/15/44) | 640 | 543174 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/01/46 (Call 12/01/45) | 286 | 235830 |
| &nbsp;&nbsp;&nbsp;3.75%, 08/15/47 (Call 02/15/47) | 355 | 297462 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 03/01/49 (Call 09/01/48) | $382 | $336095 |
| &nbsp;&nbsp;&nbsp;4.30%, 07/01/44 (Call 01/01/44) | 155 | 143029 |
| &nbsp;&nbsp;&nbsp;Series A, 1.90%, 04/01/28 (Call 02/01/28) | 470 | 417416 |
| &nbsp;&nbsp;&nbsp;Series A, 3.00%, 03/01/32 (Call 12/01/31) | 675 | 601864 |
| &nbsp;&nbsp;&nbsp;Series A, 4.00%, 04/01/43 (Call 10/01/42) | 91 | 81300 |
| &nbsp;&nbsp;&nbsp;Series A, 4.05%, 05/15/48 (Call 11/15/47) | 413 | 366913 |
| &nbsp;&nbsp;&nbsp;Series B, 3.25%, 04/01/51 (Call 10/01/50) | 350 | 269252 |
| &nbsp;&nbsp;&nbsp;Series B, 3.65%, 03/01/52 (Call 09/01/51) | 188 | 156140 |
| &nbsp;&nbsp;&nbsp;Series C, 2.63%, 03/01/31 (Call 12/01/30) | 218 | 191550 |
| DTE Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.85%, 10/01/26 (Call 07/01/26) | 303 | 283423 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/01/30 (Call 12/01/29) | 255 | 224594 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.22%, 11/01/24<sup>(g)</sup> | 870 | 859969 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series C, 2.53%, 10/01/24<sup>(g)</sup> | 437 | 420674 |
| &nbsp;&nbsp;&nbsp;Series C, 3.40%, 06/15/29 (Call 03/15/29) | 261 | 239371 |
| &nbsp;&nbsp;&nbsp;Series F, 1.05%, 06/01/25 (Call 05/01/25) | 837 | 767211 |
| Duke Energy Carolinas LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 08/15/29 (Call 05/15/29) | 660 | 581434 |
| &nbsp;&nbsp;&nbsp;2.45%, 02/01/30 (Call 11/01/29) | 455 | 399417 |
| &nbsp;&nbsp;&nbsp;2.55%, 04/15/31 (Call 01/15/31) | 425 | 367625 |
| &nbsp;&nbsp;&nbsp;2.85%, 03/15/32 (Call 12/15/31) | 625 | 547200 |
| &nbsp;&nbsp;&nbsp;2.95%, 12/01/26 (Call 09/01/26) | 678 | 647483 |
| &nbsp;&nbsp;&nbsp;3.20%, 08/15/49 (Call 02/15/49) | 300 | 227322 |
| &nbsp;&nbsp;&nbsp;3.45%, 04/15/51 (Call 10/15/50) | 425 | 334335 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/15/52 (Call 09/15/51) | 443 | 358090 |
| &nbsp;&nbsp;&nbsp;3.70%, 12/01/47 (Call 06/01/47) | 433 | 355320 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/01/45 (Call 12/01/44) | 566 | 474625 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/15/46 (Call 09/15/45) | 429 | 361265 |
| &nbsp;&nbsp;&nbsp;3.95%, 11/15/28 (Call 08/15/28) | 765 | 750442 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/15/48 (Call 09/15/47) | 333 | 285171 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/30/42 (Call 03/30/42) | 455 | 399203 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/15/41 (Call 06/15/41) | 287 | 263354 |
| &nbsp;&nbsp;&nbsp;4.95%, 01/15/33 | 320 | 328595 |
| &nbsp;&nbsp;&nbsp;5.30%, 02/15/40 | 668 | 697425 |
| &nbsp;&nbsp;&nbsp;5.35%, 01/15/53 | 400 | 422608 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/15/38 | 230 | 255999 |
| &nbsp;&nbsp;&nbsp;6.05%, 04/15/38 | 502 | 559941 |
| &nbsp;&nbsp;&nbsp;6.10%, 06/01/37 | 224 | 247856 |
| &nbsp;&nbsp;&nbsp;6.45%, 10/15/32 | 245 | 274488 |
| &nbsp;&nbsp;&nbsp;Series A, 6.00%, 12/01/28 | 245 | 265465 |
| Duke Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 09/15/25 (Call 08/15/25) | 875 | 792242 |
| &nbsp;&nbsp;&nbsp;2.45%, 06/01/30 (Call 03/01/30) | 277 | 236799 |
| &nbsp;&nbsp;&nbsp;2.55%, 06/15/31 (Call 03/15/31) | 445 | 377707 |
| &nbsp;&nbsp;&nbsp;2.65%, 09/01/26 (Call 06/01/26) | 425 | 397596 |
| &nbsp;&nbsp;&nbsp;3.15%, 08/15/27 (Call 05/15/27) | 462 | 435684 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/15/82 (Call 10/15/26)<sup>(a)</sup> | 585 | 476781 |
| &nbsp;&nbsp;&nbsp;3.30%, 06/15/41 (Call 12/15/40) | 613 | 476485 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/15/29 (Call 03/15/29) | 175 | 161975 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/15/51 (Call 12/15/50) | 653 | 493420 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/15/24 (Call 01/15/24) | 1040 | 1026355 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/01/46 (Call 03/01/46) | 1246 | 992414 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/15/47 (Call 02/15/47) | 451 | 363339 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/15/49 (Call 12/15/48) | 437 | 370113 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/15/28 (Call 02/15/28) | 730 | 719751 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/15/32 (Call 05/15/32) | 540 | 525857 |
| &nbsp;&nbsp;&nbsp;4.80%, 12/15/45 (Call 06/15/45) | 621 | 583603 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/08/25 | 255 | 257198 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/08/27 | 1295 | 1317792 |
| &nbsp;&nbsp;&nbsp;5.00%, 08/15/52 (Call 02/15/52) | 790 | 755027 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| Duke Energy Florida LLC |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 06/15/30 (Call 03/15/30) | $680 | $563951 |
| &nbsp;&nbsp;&nbsp;2.40%, 12/15/31 (Call 09/15/31) | 780 | 663523 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/01/29 (Call 09/01/29) | 495 | 438956 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/15/51 (Call 06/15/51) | 490 | 355941 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/15/27 (Call 10/15/26) | 325 | 312270 |
| &nbsp;&nbsp;&nbsp;3.40%, 10/01/46 (Call 04/01/46) | 195 | 151070 |
| &nbsp;&nbsp;&nbsp;3.80%, 07/15/28 (Call 04/15/28) | 388 | 378641 |
| &nbsp;&nbsp;&nbsp;3.85%, 11/15/42 (Call 05/15/42) | 795 | 679598 |
| &nbsp;&nbsp;&nbsp;4.20%, 07/15/48 (Call 01/15/48) | 423 | 377908 |
| &nbsp;&nbsp;&nbsp;5.65%, 04/01/40 | 410 | 436326 |
| &nbsp;&nbsp;&nbsp;5.95%, 11/15/52 (Call 05/15/52) | 215 | 244229 |
| &nbsp;&nbsp;&nbsp;6.35%, 09/15/37 | 413 | 473005 |
| &nbsp;&nbsp;&nbsp;6.40%, 06/15/38 | 546 | 640824 |
| Duke Energy Florida Project Finance LLC, Series 2035, 3.11%, 09/01/38 | 125 | 103959 |
| Duke Energy Indiana LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 04/01/50 (Call 10/01/49) | 350 | 237563 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/15/46 (Call 11/15/45) | 313 | 256701 |
| &nbsp;&nbsp;&nbsp;6.12%, 10/15/35 | 11 | 11846 |
| &nbsp;&nbsp;&nbsp;6.35%, 08/15/38 | 320 | 368445 |
| &nbsp;&nbsp;&nbsp;6.45%, 04/01/39 | 95 | 107931 |
| &nbsp;&nbsp;&nbsp;Series WWW, 4.90%, 07/15/43 (Call 01/15/43) | 155 | 154298 |
| &nbsp;&nbsp;&nbsp;Series YYY, 3.25%, 10/01/49 (Call 04/01/49) | 331 | 246525 |
| Duke Energy Ohio Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.13%, 06/01/30 (Call 03/01/30) | 658 | 556800 |
| &nbsp;&nbsp;&nbsp;3.65%, 02/01/29 (Call 11/01/28) | 543 | 518467 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/15/46 (Call 12/15/45) | 175 | 137779 |
| &nbsp;&nbsp;&nbsp;4.30%, 02/01/49 (Call 08/01/48) | 425 | 368828 |
| Duke Energy Progress LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 08/15/31 (Call 05/15/31) | 155 | 127429 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/15/50 (Call 02/15/50) | 615 | 398182 |
| &nbsp;&nbsp;&nbsp;2.90%, 08/15/51 (Call 02/15/51) | 150 | 105176 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/15/25 (Call 05/15/25) | 230 | 222921 |
| &nbsp;&nbsp;&nbsp;3.40%, 04/01/32 (Call 01/01/32) | 300 | 275055 |
| &nbsp;&nbsp;&nbsp;3.45%, 03/15/29 (Call 12/15/28) | 420 | 397908 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/15/47 (Call 03/15/47) | 617 | 493964 |
| &nbsp;&nbsp;&nbsp;3.70%, 09/01/28 (Call 06/01/28) | 45 | 43597 |
| &nbsp;&nbsp;&nbsp;3.70%, 10/15/46 (Call 04/15/46) | 578 | 466273 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/52 (Call 10/01/51) | 180 | 154163 |
| &nbsp;&nbsp;&nbsp;4.10%, 05/15/42 (Call 11/15/41) | 163 | 145508 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/15/43 (Call 09/15/42) | 215 | 191552 |
| &nbsp;&nbsp;&nbsp;4.15%, 12/01/44 (Call 06/01/44) | 280 | 248772 |
| &nbsp;&nbsp;&nbsp;4.20%, 08/15/45 (Call 02/15/45) | 294 | 261642 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/30/44 (Call 09/30/43) | 76 | 69747 |
| &nbsp;&nbsp;&nbsp;6.30%, 04/01/38 | 130 | 148087 |
| Duquesne Light Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.53%, 10/01/30 (Call 07/01/30)<sup>(b)</sup> | 190 | 155540 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.78%, 01/07/32 (Call 10/07/31)<sup>(b)</sup> | 135 | 109847 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.62%, 08/01/27 (Call 05/01/27)<sup>(b)</sup> | 248 | 227156 |
| E.ON International Finance BV, 6.65%, 04/30/38<sup>(b)</sup> | 480 | 514445 |
| Edison International |  |  |
| &nbsp;&nbsp;&nbsp;3.55%, 11/15/24 (Call 10/15/24) | 765 | 744720 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/15/28 (Call 12/15/27) | 205 | 194789 |
| &nbsp;&nbsp;&nbsp;4.70%, 08/15/25 | 290 | 286152 |
| &nbsp;&nbsp;&nbsp;4.95%, 04/15/25 (Call 03/15/25) | 601 | 598668 |
| &nbsp;&nbsp;&nbsp;5.75%, 06/15/27 (Call 04/15/27) | 352 | 361025 |
| &nbsp;&nbsp;&nbsp;6.95%, 11/15/29 (Call 09/15/29) | 170 | 184535 |
| EDP Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.71%, 01/24/28<sup>(b)</sup> | 410 | 351973 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**3.63%, 07/15/24<sup>(b)</sup>** | $734 | $720472 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.30%, 10/11/27<sup>(b)</sup> | 390 | 411434 |
| El Paso Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/01/44 (Call 06/01/44) | 338 | 312917 |
| &nbsp;&nbsp;&nbsp;6.00%, 05/15/35 | 500 | 517570 |
| Electricite de France SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/13/25 (Call 07/13/25)<sup>(b)</sup> | 2460 | 2391169 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/21/28 (Call 06/21/28)<sup>(b)(c)</sup> | 1225 | 1197780 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/04/69<sup>(d)</sup> | 800 | 594864 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/13/35 (Call 04/13/35)<sup>(b)(c)</sup> | 590 | 531289 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/21/38 (Call 03/21/38)<sup>(b)</sup> | 680 | 600039 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/22/44<sup>(b)</sup> | 635 | 548532 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 10/13/45 (Call 04/13/45)<sup>(b)</sup> | 1248 | 1080668 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/21/48 (Call 03/21/48)<sup>(b)</sup> | 636 | 561989 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 10/13/55 (Call 04/13/55)<sup>(b)</sup> | 250 | 210970 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.60%, 01/27/40<sup>(b)(c)</sup> | 655 | 629848 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/22/2114<sup>(b)</sup> | 507 | 481969 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.95%, 01/26/39<sup>(b)</sup> | 1024 | 1125601 |
| Emera U.S. Finance LP |  |  |
| &nbsp;&nbsp;&nbsp;0.83%, 06/15/24 | 400 | 375932 |
| &nbsp;&nbsp;&nbsp;2.64%, 06/15/31 (Call 03/15/31) | 505 | 411469 |
| &nbsp;&nbsp;&nbsp;3.55%, 06/15/26 (Call 03/15/26) | 830 | 787056 |
| &nbsp;&nbsp;&nbsp;4.75%, 06/15/46 (Call 12/15/45) | 967 | 809505 |
| Emirates Semb Corp. Water & Power Co. PJSC, 4.45%, 08/01/35<sup>(b)</sup> | 200 | 195274 |
| Empresa de Transmision Electrica SA, 5.13%, 05/02/49<sup>(d)</sup> | 200 | 167434 |
| Empresas Publicas de Medellin ESP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/18/29 (Call 04/18/29)<sup>(d)</sup> | 600 | 493086 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/15/31 (Call 11/15/30)<sup>(d)</sup> | 400 | 317468 |
| Enel Americas SA, 4.00%, 10/25/26 (Call 07/25/26) | 1322 | 1291501 |
| Enel Chile SA, 4.88%, 06/12/28 (Call 03/12/28) | 957 | 945305 |
| Enel Finance America LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 07/12/41 (Call 01/12/41)<sup>(b)</sup> | 735 | 477948 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.10%, 10/14/27 (Call 09/14/27)<sup>(b)</sup> | 700 | 748825 |
| Enel Finance International NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 07/12/26 (Call 06/12/26)<sup>(b)</sup> | 1473 | 1300895 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 07/12/28 (Call 05/12/28)<sup>(b)</sup> | 565 | 471447 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 07/12/31 (Call 04/12/31)<sup>(b)</sup> | 545 | 424130 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.65%, 09/10/24<sup>(b)</sup> | 970 | 931918 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/06/28<sup>(b)</sup> | 1095 | 1011747 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/25/27<sup>(b)</sup> | 300 | 285228 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/15/25<sup>(b)</sup> | 500 | 490490 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/15/27 (Call 05/15/27)<sup>(b)</sup> | 700 | 683977 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 05/25/47<sup>(b)</sup> | 741 | 636512 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/14/29<sup>(b)</sup> | 785 | 756057 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/15/32 (Call 03/15/32)<sup>(b)</sup> | 550 | 523605 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/15/52 (Call 12/15/51)<sup>(b)</sup> | 530 | 489227 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 10/07/39<sup>(b)</sup> | 1260 | 1254103 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.80%, 10/14/25<sup>(b)</sup> | 500 | 519020 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.80%, 09/15/37<sup>(b)</sup> | 895 | 954151 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 10/14/32 (Call 07/14/32)<sup>(b)</sup> | 400 | 449368 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 10/14/52 (Call 04/14/52)<sup>(b)</sup> | 400 | 475024 |
| Enel Generacion Chile SA, 4.25%, 04/15/24 (Call 01/15/24) | 542 | 535420 |
| EnfraGen Energia Sur SA/EnfraGen Spain SA/Prime Energia SpA, 5.38%, 12/30/30 (Call 12/30/25)<sup>(b)</sup> | 485 | 350907 |
| Engie Energia Chile SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 01/28/30 (Call 10/28/29)<sup>(d)</sup> | 400 | 335444 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/29/25<sup>(d)</sup> | 200 | 195446 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| Entergy Arkansas LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 06/15/51 (Call 12/15/50) | $387 | $257498 |
| &nbsp;&nbsp;&nbsp;3.35%, 06/15/52 (Call 12/15/51) | 425 | 322120 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/26 (Call 01/01/26) | 419 | 408278 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/01/24 (Call 03/01/24) | 150 | 148097 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/28 (Call 03/01/28) | 410 | 397487 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/01/49 (Call 10/01/48) | 520 | 458474 |
| &nbsp;&nbsp;&nbsp;5.15%, 01/15/33 | 400 | 415896 |
| Entergy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 09/15/25 (Call 08/15/25) | 585 | 526845 |
| &nbsp;&nbsp;&nbsp;1.90%, 06/15/28 (Call 04/15/28) | 590 | 513388 |
| &nbsp;&nbsp;&nbsp;2.40%, 06/15/31 (Call 03/05/31) | 615 | 508660 |
| &nbsp;&nbsp;&nbsp;2.80%, 06/15/30 (Call 03/15/30) | 512 | 446039 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/01/26 (Call 06/01/26) | 770 | 726287 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/15/50 (Call 12/15/49) | 225 | 178295 |
| Entergy Louisiana LLC |  |  |
| &nbsp;&nbsp;&nbsp;1.60%, 12/15/30 (Call 09/15/30) | 430 | 343024 |
| &nbsp;&nbsp;&nbsp;2.35%, 06/15/32 (Call 03/15/32) | 230 | 191273 |
| &nbsp;&nbsp;&nbsp;2.40%, 10/01/26 (Call 07/01/26) | 335 | 308394 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/15/51 (Call 09/15/50) | 459 | 320735 |
| &nbsp;&nbsp;&nbsp;3.05%, 06/01/31 (Call 03/01/31) | 443 | 394080 |
| &nbsp;&nbsp;&nbsp;3.10%, 06/15/41 (Call 12/15/40) | 40 | 31795 |
| &nbsp;&nbsp;&nbsp;3.12%, 09/01/27 (Call 06/01/27) | 195 | 183706 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/01/28 (Call 01/01/28) | 528 | 495787 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/15/33 (Call 12/15/32) | 695 | 656573 |
| &nbsp;&nbsp;&nbsp;4.20%, 09/01/48 (Call 03/01/48) | 621 | 550268 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/01/50 (Call 10/01/49) | 325 | 285236 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/15/52 (Call 03/15/52) | 600 | 580446 |
| &nbsp;&nbsp;&nbsp;4.95%, 01/15/45 (Call 01/15/25) | 315 | 297571 |
| &nbsp;&nbsp;&nbsp;5.40%, 11/01/24 | 55 | 55939 |
| Entergy Mississippi LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.85%, 06/01/28 (Call 03/01/28) | 250 | 229795 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/51 (Call 12/01/50) | 70 | 54305 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/01/49 (Call 12/01/48) | 350 | 287714 |
| Entergy Texas Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 03/15/31 (Call 12/15/30) | 454 | 368212 |
| &nbsp;&nbsp;&nbsp;3.55%, 09/30/49 (Call 03/30/49) | 505 | 396900 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/30/29 (Call 12/30/28) | 326 | 315275 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/30/39 (Call 09/30/38) | 310 | 288653 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/15/52 (Call 03/15/52) | 210 | 210090 |
| Eskom Holdings SOC Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.35%, 08/10/28<sup>(d)</sup> | 1040 | 996237 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 02/11/25<sup>(d)</sup> | 800 | 768952 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.45%, 08/10/28<sup>(d)</sup> | 600 | 577464 |
| Evergy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 09/15/24 (Call 08/15/24) | 726 | 695965 |
| &nbsp;&nbsp;&nbsp;2.90%, 09/15/29 (Call 06/15/29) | 600 | 534150 |
| Evergy Kansas Central Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.55%, 07/01/26 (Call 04/01/26) | 10 | 9333 |
| &nbsp;&nbsp;&nbsp;3.10%, 04/01/27 (Call 01/01/27) | 220 | 209077 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/01/49 (Call 03/01/49) | 354 | 266601 |
| &nbsp;&nbsp;&nbsp;3.45%, 04/15/50 (Call 10/15/49) | 180 | 140807 |
| &nbsp;&nbsp;&nbsp;4.10%, 04/01/43 (Call 10/01/42) | 174 | 153682 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/01/42 (Call 09/01/41) | 128 | 113248 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/01/45 (Call 06/01/45) | 348 | 303773 |
| Evergy Metro Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.65%, 08/15/25 (Call 05/15/25) | 150 | 146069 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/15/47 (Call 12/15/46) | 291 | 254433 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/15/48 (Call 09/15/47) | 325 | 283810 |
| &nbsp;&nbsp;&nbsp;5.30%, 10/01/41 (Call 04/01/41) | 325 | 330635 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019, 4.13%, 04/01/49 (Call 10/01/48) | $762 | $659435 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.25%, 06/01/30 (Call 03/01/30) | 30 | 25528 |
| Evergy Missouri West Inc., 5.15%, 12/15/27 (Call 11/15/27)<sup>(b)</sup> | 545 | 554003 |
| Eversource Energy |  |  |
| &nbsp;&nbsp;&nbsp;2.55%, 03/15/31 (Call 12/15/30) | 430 | 367018 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/01/27 (Call 02/01/27) | 695 | 651931 |
| &nbsp;&nbsp;&nbsp;3.38%, 03/01/32 (Call 12/01/31) | 305 | 275519 |
| &nbsp;&nbsp;&nbsp;3.45%, 01/15/50 (Call 07/15/49) | 591 | 462794 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/27/24 | 270 | 267308 |
| &nbsp;&nbsp;&nbsp;4.60%, 07/01/27 (Call 06/01/27) | 220 | 220508 |
| &nbsp;&nbsp;&nbsp;Series H, 3.15%, 01/15/25 (Call 10/15/24) | 405 | 392133 |
| &nbsp;&nbsp;&nbsp;Series L, 2.90%, 10/01/24 (Call 08/01/24) | 595 | 579030 |
| &nbsp;&nbsp;&nbsp;Series M, 3.30%, 01/15/28 (Call 10/15/27) | 202 | 191427 |
| &nbsp;&nbsp;&nbsp;Series O, 4.25%, 04/01/29 (Call 01/01/29) | 370 | 359858 |
| &nbsp;&nbsp;&nbsp;Series Q, 0.80%, 08/15/25 (Call 07/15/25) | 550 | 496045 |
| &nbsp;&nbsp;&nbsp;Series R, 1.65%, 08/15/30 (Call 05/15/30) | 745 | 598734 |
| &nbsp;&nbsp;&nbsp;Series U, 1.40%, 08/15/26 (Call 07/15/26) | 405 | 362848 |
| Exelon Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 03/15/27 | 165 | 154064 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/15/32 | 200 | 180602 |
| &nbsp;&nbsp;&nbsp;3.40%, 04/15/26 (Call 01/15/26) | 854 | 820831 |
| &nbsp;&nbsp;&nbsp;3.95%, 06/15/25 (Call 03/15/25) | 467 | 459729 |
| &nbsp;&nbsp;&nbsp;4.05%, 04/15/30 (Call 01/15/30) | 1285 | 1240192 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/15/52 | 350 | 303237 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/15/46 (Call 10/15/45) | 855 | 771843 |
| &nbsp;&nbsp;&nbsp;4.70%, 04/15/50 (Call 10/15/49) | 685 | 647133 |
| &nbsp;&nbsp;&nbsp;4.95%, 06/15/35 (Call 12/15/34) | 266 | 268064 |
| &nbsp;&nbsp;&nbsp;5.10%, 06/15/45 (Call 12/15/44) | 239 | 235145 |
| &nbsp;&nbsp;&nbsp;5.63%, 06/15/35 | 115 | 122224 |
| Exelon Generation Co. LLC, 5.75%, 10/01/41 (Call 04/01/41) | 560 | 569761 |
| FEL Energy VI Sarl, 5.75%, 12/01/40 (Call 12/01/37)<sup>(d)</sup> | 924 | 803088 |
| Fells Point Funding Trust, 3.05%, 01/31/27 (Call 12/31/26)<sup>(b)</sup> | 230 | 214001 |
| FirstEnergy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 03/01/25 (Call 02/01/25) | 245 | 229847 |
| &nbsp;&nbsp;&nbsp;2.65%, 03/01/30 (Call 12/01/29) | 437 | 373316 |
| &nbsp;&nbsp;&nbsp;Series A, 1.60%, 01/15/26 (Call 12/15/25) | 201 | 181443 |
| &nbsp;&nbsp;&nbsp;Series B, 2.25%, 09/01/30 (Call 06/01/30) | 350 | 287578 |
| &nbsp;&nbsp;&nbsp;Series B, 4.15%, 07/15/27 (Call 04/15/27) | 989 | 945059 |
| &nbsp;&nbsp;&nbsp;Series C, 3.40%, 03/01/50 (Call 09/01/49) | 560 | 398166 |
| &nbsp;&nbsp;&nbsp;Series C, 5.10%, 07/15/47 (Call 01/15/47) | 479 | 441839 |
| &nbsp;&nbsp;&nbsp;Series C, 7.38%, 11/15/31 | 624 | 719884 |
| FirstEnergy Transmission LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.87%, 09/15/28 (Call 07/15/28)<sup>(b)(c)</sup> | 310 | 278625 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 01/15/25 (Call 10/15/24)<sup>(b)</sup> | 921 | 902092 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.55%, 04/01/49 (Call 10/01/48)<sup>(b)</sup> | 293 | 255265 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 07/15/44 (Call 01/15/44)<sup>(b)</sup> | 465 | 458597 |
| Florida Power & Light Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 02/03/32 (Call 11/03/31) | 653 | 563944 |
| &nbsp;&nbsp;&nbsp;2.85%, 04/01/25 (Call 03/01/25) | 1315 | 1268278 |
| &nbsp;&nbsp;&nbsp;2.88%, 12/04/51 (Call 06/04/51) | 608 | 442308 |
| &nbsp;&nbsp;&nbsp;3.13%, 12/01/25 (Call 06/01/25) | 980 | 949551 |
| &nbsp;&nbsp;&nbsp;3.15%, 10/01/49 (Call 04/01/49) | 439 | 340664 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/01/24 (Call 12/01/23) | 340 | 333683 |
| &nbsp;&nbsp;&nbsp;3.70%, 12/01/47 (Call 06/01/47) | 662 | 564699 |
| &nbsp;&nbsp;&nbsp;3.80%, 12/15/42 (Call 06/15/42) | 215 | 188331 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/01/48 (Call 09/01/47) | 837 | 739029 |
| &nbsp;&nbsp;&nbsp;3.99%, 03/01/49 (Call 09/01/48) | 720 | 641059 |
| &nbsp;&nbsp;&nbsp;4.05%, 06/01/42 (Call 12/01/41) | 275 | 249835 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.05%, 10/01/44 (Call 04/01/44) | $183 | $165244 |
| &nbsp;&nbsp;&nbsp;4.13%, 02/01/42 (Call 08/01/41) | 254 | 232532 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/01/48 (Call 12/01/47) | 343 | 310905 |
| &nbsp;&nbsp;&nbsp;4.95%, 06/01/35 | 868 | 887999 |
| &nbsp;&nbsp;&nbsp;5.25%, 02/01/41 (Call 08/01/40) | 50 | 52449 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/01/34 | 260 | 284391 |
| &nbsp;&nbsp;&nbsp;5.65%, 02/01/37 | 125 | 133776 |
| &nbsp;&nbsp;&nbsp;5.69%, 03/01/40 | 130 | 142597 |
| &nbsp;&nbsp;&nbsp;5.95%, 02/01/38 | 409 | 454317 |
| &nbsp;&nbsp;&nbsp;5.96%, 04/01/39 | 494 | 552914 |
| Fortis Inc./Canada, 3.06%, 10/04/26 (Call 07/04/26) | 1095 | 1027088 |
| Georgia Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 04/01/26 (Call 01/01/26) | 20 | 19179 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/30/27 (Call 12/30/26) | 348 | 328355 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/15/42 | 1136 | 1024740 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/15/43 | 330 | 293066 |
| &nbsp;&nbsp;&nbsp;4.70%, 05/15/32 (Call 02/15/32) | 403 | 401162 |
| &nbsp;&nbsp;&nbsp;5.13%, 05/15/52 (Call 11/15/51) | 478 | 481303 |
| &nbsp;&nbsp;&nbsp;Series 10-C, 4.75%, 09/01/40 | 495 | 474547 |
| &nbsp;&nbsp;&nbsp;Series A, 2.20%, 09/15/24 (Call 08/15/24) | 540 | 518557 |
| &nbsp;&nbsp;&nbsp;Series A, 3.25%, 03/15/51 (Call 09/15/50) | 293 | 215800 |
| &nbsp;&nbsp;&nbsp;Series B, 2.65%, 09/15/29 (Call 06/15/29) | 465 | 409363 |
| &nbsp;&nbsp;&nbsp;Series B, 3.70%, 01/30/50 (Call 07/30/49) | 593 | 472330 |
| Great River Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 07/01/38<sup>(b)</sup> | 278 | 288651 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.23%, 07/01/38<sup>(c)</sup> | 105 | 116868 |
| Guacolda Energia SA, 4.56%, 04/30/25 (Call 01/30/25)<sup>(d)</sup> | 200 | 70720 |
| Guangzhou Development District Holding Group Co. Ltd., 2.85%, 01/19/27<sup>(d)</sup> | 200 | 177980 |
| Gulf Power Co., Series A, 3.30%, 05/30/27 (Call 02/28/27) | 720 | 690170 |
| Hengjian International Investment Ltd., 1.88%, 06/23/25<sup>(d)</sup> | 200 | 183970 |
| Hongkong Electric Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 08/27/30 (Call 02/27/30)<sup>(d)</sup> | 600 | 490332 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 06/09/30 (Call 12/09/29)<sup>(d)</sup> | 400 | 337784 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/03/26<sup>(d)</sup> | 200 | 188742 |
| Iberdrola International BV, 6.75%, 07/15/36 | 432 | 479425 |
| Idaho Power Co., Series K, 4.20%, 03/01/48 (Call 09/01/47) | 470 | 409831 |
| Indiana Michigan Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 05/01/51 (Call 11/01/50) | 305 | 222934 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 05/15/28 (Call 02/15/28)<sup>(c)</sup> | 231 | 223437 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/15/48 (Call 02/15/48) | 341 | 296503 |
| &nbsp;&nbsp;&nbsp;6.05%, 03/15/37 | 25 | 27189 |
| &nbsp;&nbsp;&nbsp;Series K, 4.55%, 03/15/46 (Call 09/15/45) | 381 | 343007 |
| &nbsp;&nbsp;&nbsp;Series L, 3.75%, 07/01/47 (Call 01/01/47) | 214 | 167954 |
| Indianapolis Power & Light Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.05%, 05/01/46 (Call 11/01/45)<sup>(b)</sup> | 825 | 701415 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.65%, 12/01/32 (Call 09/01/32)<sup>(b)</sup> | 550 | 586184 |
| Infraestructura Energetica Nova SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/51 (Call 07/15/50)<sup>(d)</sup> | 600 | 474342 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/14/48<sup>(d)</sup> | 210 | 167950 |
| Instituto Costarricense de Electricidad, 6.38%, 05/15/43<sup>(d)</sup> | 200 | 160632 |
| Interchile SA, 4.50%, 06/30/56 (Call 12/30/55)<sup>(d)</sup> | 800 | 682064 |
| Interstate Power & Light Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 06/01/30 (Call 03/01/30) | 315 | 265687 |
| &nbsp;&nbsp;&nbsp;3.10%, 11/30/51 (Call 05/30/51) | 650 | 457977 |
| &nbsp;&nbsp;&nbsp;3.25%, 12/01/24 (Call 09/01/24) | 204 | 198423 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 09/30/49 (Call 03/30/49) | $372 | $285402 |
| &nbsp;&nbsp;&nbsp;3.60%, 04/01/29 (Call 01/01/29) | 30 | 28130 |
| &nbsp;&nbsp;&nbsp;3.70%, 09/15/46 (Call 03/15/46) | 140 | 108840 |
| &nbsp;&nbsp;&nbsp;4.10%, 09/26/28 (Call 06/26/28) | 315 | 309431 |
| &nbsp;&nbsp;&nbsp;6.25%, 07/15/39 | 265 | 289391 |
| Investment Energy Resources Ltd., 6.25%, 04/26/29 (Call 04/26/25)<sup>(d)</sup> | 800 | 764680 |
| IPALCO Enterprises Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 09/01/24 (Call 07/01/24) | 250 | 243645 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/01/30 (Call 02/01/30) | 292 | 270328 |
| Israel Electric Corp. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/22/32<sup>(b)(d)</sup> | 200 | 179056 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 08/14/28<sup>(b)(d)</sup> | 800 | 768544 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 12/15/27<sup>(d)</sup> | 250 | 275655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 6, 5.00%, 11/12/24<sup>(b)(d)</sup> | 850 | 845418 |
| ITC Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 05/14/30 (Call 04/14/30)<sup>(b)</sup> | 45 | 39545 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/30/26 (Call 03/30/26) | 358 | 340111 |
| &nbsp;&nbsp;&nbsp;3.35%, 11/15/27 (Call 08/15/27) | 613 | 581161 |
| &nbsp;&nbsp;&nbsp;3.65%, 06/15/24 (Call 03/15/24) | 240 | 235354 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 09/22/27 (Call 08/22/27)<sup>(b)</sup> | 420 | 425321 |
| &nbsp;&nbsp;&nbsp;5.30%, 07/01/43 (Call 01/01/43) | 447 | 432924 |
| JERA Co. Inc., 3.67%, 04/14/27 (Call 03/14/27)<sup>(d)</sup> | 200 | 187384 |
| Jersey Central Power & Light Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 03/01/32 (Call 12/01/31)<sup>(b)</sup> | 570 | 482687 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 01/15/26 (Call 10/15/25)<sup>(b)</sup> | 405 | 395721 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 04/01/24 (Call 01/01/24)<sup>(b)</sup> | 135 | 133870 |
| John Sevier Combined Cycle Generation LLC, 4.63%, 01/15/42 | 24 | 23507 |
| JSW Hydro Energy Ltd., 4.13%, 05/18/31 (Call 05/18/26)<sup>(d)</sup> | 354 | 301718 |
| Kallpa Generacion SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/16/27 (Call 05/16/27)<sup>(d)</sup> | 423 | 397244 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/24/26 (Call 02/24/26)<sup>(d)</sup> | 200 | 194484 |
| Kansai Electric Power Co. Inc. (The), 2.55%, 09/17/24<sup>(d)</sup> | 200 | 191294 |
| Kentucky Utilities Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.30%, 06/01/50 (Call 12/01/49) | 472 | 355340 |
| &nbsp;&nbsp;&nbsp;4.38%, 10/01/45 (Call 04/01/45) | 484 | 436795 |
| &nbsp;&nbsp;&nbsp;5.13%, 11/01/40 (Call 05/01/40) | 773 | 780343 |
| Korea East-West Power Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 05/06/25<sup>(d)</sup> | 600 | 557844 |
| &nbsp;&nbsp;&nbsp;3.60%, 05/06/25 | 200 | 193714 |
| Korea Electric Power Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 06/15/25<sup>(d)</sup> | 400 | 365532 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/24/24<sup>(d)</sup> | 375 | 363082 |
| Korea Midland Power Co. Ltd., 1.25%, 08/09/26<sup>(d)</sup> | 400 | 352612 |
| Korea Southern Power Co. Ltd., 0.75%, 01/27/26<sup>(d)</sup> | 400 | 354276 |
| Lamar Funding Ltd., 3.96%, 05/07/25<sup>(d)</sup> | 775 | 743031 |
| Leeward Renewable Energy Operations LLC, 4.25%, 07/01/29 (Call 07/01/24)<sup>(b)</sup> | 225 | 199078 |
| Liberty Utilities Finance GP 1, 2.05%, 09/15/30 (Call 06/15/30)<sup>(b)</sup> | 1098 | 872196 |
| Light Servicos de Eletricidade SA/Light Energia SA, 4.38%, 06/18/26 (Call 06/18/24)<sup>(d)</sup> | 400 | 236064 |
| LLPL Capital Pte Ltd., 6.88%, 02/04/39<sup>(d)</sup> | 512 | 472681 |
| Louisville Gas & Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/49 (Call 10/01/48) | 130 | 116146 |
| &nbsp;&nbsp;&nbsp;Series 25, 3.30%, 10/01/25 (Call 07/01/25) | 88 | 85040 |
| Massachusetts Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.73%, 11/24/30 (Call 08/24/30)<sup>(b)</sup> | 285 | 222118 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/15/46 (Call 02/15/46)<sup>(b)</sup> | $202 | $157332 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.90%, 11/15/39<sup>(b)</sup> | 220 | 230606 |
| Mazoon Assets Co. SAOC, 5.20%, 11/08/27<sup>(d)</sup> | 400 | 394908 |
| Metropolitan Edison Co., 4.30%, 01/15/29 (Call 10/15/28)<sup>(b)</sup> | 400 | 385432 |
| Mexico Generadora de Energia S de rl, 5.50%, 12/06/32<sup>(c)(d)</sup> | 273 | 265247 |
| MidAmerican Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 08/01/52 (Call 02/01/52) | 220 | 153443 |
| &nbsp;&nbsp;&nbsp;3.10%, 05/01/27 (Call 02/01/27) | 275 | 262446 |
| &nbsp;&nbsp;&nbsp;3.15%, 04/15/50 (Call 10/15/49) | 378 | 290501 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/15/24 (Call 07/15/24) | 270 | 265424 |
| &nbsp;&nbsp;&nbsp;3.65%, 04/15/29 (Call 01/15/29) | 756 | 728323 |
| &nbsp;&nbsp;&nbsp;3.65%, 08/01/48 (Call 02/01/48) | 685 | 573749 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/01/47 (Call 02/01/47) | 433 | 382508 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/01/46 (Call 11/01/45) | 350 | 312568 |
| &nbsp;&nbsp;&nbsp;4.25%, 07/15/49 (Call 01/15/49) | 492 | 450367 |
| &nbsp;&nbsp;&nbsp;4.40%, 10/15/44 (Call 04/15/44) | 530 | 496843 |
| &nbsp;&nbsp;&nbsp;4.80%, 09/15/43 (Call 03/15/43) | 390 | 385472 |
| &nbsp;&nbsp;&nbsp;5.75%, 11/01/35 | 53 | 57776 |
| &nbsp;&nbsp;&nbsp;5.80%, 10/15/36 | 93 | 102907 |
| &nbsp;&nbsp;&nbsp;6.75%, 12/30/31 | 202 | 233076 |
| Mid-Atlantic Interstate Transmission LLC, 4.10%, 05/15/28 (Call 02/15/28)<sup>(b)</sup> | 432 | 417480 |
| Midland Cogeneration Venture LP, 6.00%, 03/15/25<sup>(b)(c)</sup> | 102 | 103756 |
| Minejesa Capital BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/10/30<sup>(d)</sup> | 1000 | 926320 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 08/10/37<sup>(d)</sup> | 400 | 347076 |
| Mississippi Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 03/30/28 (Call 12/30/27) | 330 | 318354 |
| &nbsp;&nbsp;&nbsp;Series 12-A, 4.25%, 03/15/42 | 46 | 39858 |
| &nbsp;&nbsp;&nbsp;Series B, 3.10%, 07/30/51 (Call 01/30/51) | 168 | 116753 |
| Mong Duong Finance Holdings BV, 5.13%, 05/07/29 (Call 05/07/23)<sup>(d)</sup> | 500 | 445360 |
| Monongahela Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.10%, 04/15/24 (Call 01/15/24)<sup>(b)</sup> | 13 | 12838 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.40%, 12/15/43 (Call 06/15/43)<sup>(b)</sup> | 210 | 215097 |
| Narragansett Electric Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 04/09/30 (Call 01/09/30)<sup>(b)</sup> | 610 | 562774 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.92%, 08/01/28 (Call 05/01/28)<sup>(b)</sup> | 150 | 144773 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.64%, 03/15/40<sup>(b)</sup> | 355 | 365568 |
| National Central Cooling Co. PJSC, 2.50%, 10/21/27<sup>(d)</sup> | 500 | 453270 |
| National Grid USA, 5.80%, 04/01/35 | 88 | 88168 |
| National Rural Utilities Cooperative Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 06/15/26 (Call 05/15/26) | 750 | 669900 |
| &nbsp;&nbsp;&nbsp;1.35%, 03/15/31 (Call 12/15/30) | 165 | 126842 |
| &nbsp;&nbsp;&nbsp;1.65%, 06/15/31 (Call 03/15/31) | 235 | 185948 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/07/25 | 253 | 239943 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/15/32 (Call 01/15/32) | 305 | 262068 |
| &nbsp;&nbsp;&nbsp;2.85%, 01/27/25 (Call 10/27/24) | 149 | 143824 |
| &nbsp;&nbsp;&nbsp;2.95%, 02/07/24 (Call 12/07/23) | 188 | 184342 |
| &nbsp;&nbsp;&nbsp;3.05%, 04/25/27 (Call 01/25/27) | 330 | 313295 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/01/25 (Call 08/01/25) | 462 | 442619 |
| &nbsp;&nbsp;&nbsp;3.40%, 02/07/28 (Call 11/07/27) | 539 | 515219 |
| &nbsp;&nbsp;&nbsp;3.45%, 06/15/25 | 170 | 165396 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/15/29 (Call 12/15/28) | 215 | 203005 |
| &nbsp;&nbsp;&nbsp;3.90%, 11/01/28 (Call 08/01/28) | 205 | 198356 |
| &nbsp;&nbsp;&nbsp;4.02%, 11/01/32 (Call 05/01/32) | 619 | 585834 |
| &nbsp;&nbsp;&nbsp;4.15%, 12/15/32 (Call 09/15/32) | 210 | 201611 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/15/49 (Call 09/15/48) | 396 | 355315 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.40%, 11/01/48 (Call 05/01/48) | $285 | $255996 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/15/28 | 950 | 960450 |
| &nbsp;&nbsp;&nbsp;5.25%, 04/20/46 (Call 04/20/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.630%)<sup>(a)(c)</sup> | 256 | 238807 |
| &nbsp;&nbsp;&nbsp;5.45%, 10/30/25 | 500 | 510190 |
| &nbsp;&nbsp;&nbsp;5.80%, 01/15/33 (Call 07/15/32) | 400 | 431996 |
| &nbsp;&nbsp;&nbsp;Series C, 8.00%, 03/01/32 | 125 | 152306 |
| &nbsp;&nbsp;&nbsp;Series D, 1.00%, 10/18/24 | 173 | 162054 |
| Nevada Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;5.90%, 05/01/53 (Call 11/01/52) | 185 | 211588 |
| &nbsp;&nbsp;&nbsp;Series CC, 3.70%, 05/01/29 (Call 02/01/29) | 850 | 817844 |
| &nbsp;&nbsp;&nbsp;Series DD, 2.40%, 05/01/30 (Call 02/01/30) | 660 | 575685 |
| &nbsp;&nbsp;&nbsp;Series EE, 3.13%, 08/01/50 (Call 02/01/50) | 285 | 206400 |
| &nbsp;&nbsp;&nbsp;Series N, 6.65%, 04/01/36 | 88 | 102113 |
| &nbsp;&nbsp;&nbsp;Series R, 6.75%, 07/01/37 | 379 | 439155 |
| New England Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.81%, 10/06/50 (Call 04/06/50)<sup>(b)</sup> | 162 | 108465 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 12/05/47 (Call 06/05/47)<sup>(b)</sup> | 1268 | 1034561 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.94%, 11/25/52 (Call 05/25/52)<sup>(b)</sup> | 250 | 275778 |
| New York State Electric & Gas Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.15%, 10/01/31 (Call 07/01/31)<sup>(b)</sup> | 335 | 271926 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 12/01/26 (Call 09/01/26)<sup>(b)</sup> | 70 | 66949 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 09/15/49 (Call 03/15/49)<sup>(b)</sup> | 813 | 581693 |
| NextEra Energy Capital Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.88%, 01/15/27 (Call 12/15/26) | 638 | 576069 |
| &nbsp;&nbsp;&nbsp;1.90%, 06/15/28 (Call 04/15/28) | 557 | 487971 |
| &nbsp;&nbsp;&nbsp;2.25%, 06/01/30 (Call 03/01/30) | 2232 | 1892602 |
| &nbsp;&nbsp;&nbsp;2.44%, 01/15/32 (Call 10/15/31) | 523 | 436752 |
| &nbsp;&nbsp;&nbsp;2.75%, 11/01/29 (Call 08/01/29) | 987 | 876604 |
| &nbsp;&nbsp;&nbsp;2.94%, 03/21/24 (Call 03/03/23) | 5 | 4899 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/52 (Call 07/15/51) | 280 | 197308 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/29 (Call 01/01/29) | 705 | 656531 |
| &nbsp;&nbsp;&nbsp;3.55%, 05/01/27 (Call 02/01/27) | 878 | 842845 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 03/15/82 (Call 03/15/27)<sup>(a)</sup> | 85 | 74115 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/20/24 | 460 | 455989 |
| &nbsp;&nbsp;&nbsp;4.26%, 09/01/24 | 200 | 198364 |
| &nbsp;&nbsp;&nbsp;4.45%, 06/20/25 | 455 | 452629 |
| &nbsp;&nbsp;&nbsp;4.63%, 07/15/27 (Call 06/15/27) | 900 | 901467 |
| &nbsp;&nbsp;&nbsp;4.80%, 12/01/77 (Call 12/01/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.409%)<sup>(a)</sup> | 475 | 427025 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/15/32 (Call 04/15/32) | 605 | 615551 |
| &nbsp;&nbsp;&nbsp;5.65%, 05/01/79 (Call 05/01/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.156%)<sup>(a)</sup> | 486 | 463090 |
| NextEra Energy Operating Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/15/26 (Call 07/15/26)<sup>(b)</sup> | 361 | 336427 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/15/24 (Call 04/15/24)<sup>(b)</sup> | 354 | 346658 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/27 (Call 06/15/27)<sup>(b)</sup> | 400 | 376800 |
| Niagara Mohawk Power Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.96%, 06/27/30 (Call 03/27/30)<sup>(b)</sup> | 288 | 236292 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.76%, 01/10/32 (Call 10/10/31)<sup>(b)</sup> | 200 | 169148 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.03%, 06/27/50 (Call 12/27/49)<sup>(b)</sup> | 257 | 172172 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.51%, 10/01/24 (Call 07/01/24)<sup>(b)</sup> | 50 | 48398 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.12%, 11/28/42<sup>(b)</sup> | 106 | 87481 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.28%, 12/15/28 (Call 09/15/28)<sup>(b)</sup> | 215 | 203237 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.28%, 10/01/34 (Call 04/01/34)<sup>(b)</sup> | 609 | 564622 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.78%, 09/16/52 (Call 03/16/52)<sup>(b)(c)</sup> | 300 | 322347 |
| Northern States Power Co./MN |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 04/01/31 (Call 11/01/30) | 225 | 193237 |
| &nbsp;&nbsp;&nbsp;2.60%, 06/01/51 (Call 12/01/50) | 930 | 637729 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/01/50 (Call 09/01/49) | 554 | 404309 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 04/01/52 (Call 10/01/51) | $333 | $255488 |
| &nbsp;&nbsp;&nbsp;3.40%, 08/15/42 (Call 02/15/42) | 410 | 340796 |
| &nbsp;&nbsp;&nbsp;3.60%, 05/15/46 (Call 11/15/45) | 320 | 263866 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/15/47 (Call 03/15/47) | 161 | 132674 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/15/45 (Call 02/15/45) | 360 | 317095 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/15/44 (Call 11/15/43) | 320 | 289437 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/52 (Call 12/01/51) | 255 | 246901 |
| &nbsp;&nbsp;&nbsp;5.35%, 11/01/39 | 409 | 431479 |
| &nbsp;&nbsp;&nbsp;6.20%, 07/01/37 | 228 | 257832 |
| &nbsp;&nbsp;&nbsp;6.25%, 06/01/36 | 120 | 135059 |
| NorthWestern Corp., 4.18%, 11/15/44 (Call 05/15/44). | 450 | 390150 |
| NPC Ukrenergo, 6.88%, 11/09/28<sup>(d)</sup> | 600 | 104550 |
| NRG Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 12/02/25 (Call 11/02/25)<sup>(b)</sup> | 560 | 504246 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 12/02/27 (Call 10/02/27)<sup>(b)</sup> | 675 | 579170 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 345 | 285857 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 725 | 574744 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/15/24 (Call 05/15/24)<sup>(b)</sup> | 518 | 503522 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/32 (Call 02/15/27)<sup>(b)</sup> | 731 | 569339 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 06/15/29 (Call 03/15/29)<sup>(b)</sup> | 779 | 715340 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 515 | 464968 |
| &nbsp;&nbsp;&nbsp;5.75%, 01/15/28 (Call 01/15/24) | 561 | 535777 |
| &nbsp;&nbsp;&nbsp;6.63%, 01/15/27 (Call 07/15/23) | 284 | 284239 |
| NSTAR Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 06/01/51 (Call 12/01/50) | 245 | 182655 |
| &nbsp;&nbsp;&nbsp;3.20%, 05/15/27 (Call 02/15/27) | 449 | 429136 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/15/29 (Call 02/15/29) | 325 | 303355 |
| &nbsp;&nbsp;&nbsp;3.95%, 04/01/30 (Call 01/01/30) | 153 | 147763 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/01/44 (Call 09/01/43) | 130 | 121293 |
| &nbsp;&nbsp;&nbsp;4.55%, 06/01/52 (Call 12/01/51) | 430 | 415199 |
| &nbsp;&nbsp;&nbsp;4.95%, 09/15/52 (Call 03/15/52) | 125 | 128590 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/15/40 | 85 | 90089 |
| NTPC Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/03/24<sup>(d)</sup> | 400 | 392768 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 11/26/24 <sup>(d)</sup> | 400 | 393116 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/19/28<sup>(d)</sup> | 400 | 387980 |
| Oglethorpe Power Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 08/01/50 (Call 02/01/50) | 255 | 197946 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/47 (Call 10/01/46)<sup>(b)</sup> | 575 | 492309 |
| &nbsp;&nbsp;&nbsp;5.05%, 10/01/48 (Call 04/01/48) | 571 | 524989 |
| &nbsp;&nbsp;&nbsp;5.25%, 09/01/50 | 78 | 75196 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/01/40 | 115 | 110670 |
| &nbsp;&nbsp;&nbsp;5.95%, 11/01/39 | 505 | 519170 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.19%, 01/01/31<sup>(b)</sup> | 545 | 557470 |
| Ohio Edison Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/33 (Call 10/15/32)<sup>(b)</sup> | 450 | 466177 |
| &nbsp;&nbsp;&nbsp;6.88%, 07/15/36 | 327 | 373568 |
| Ohio Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/49 (Call 12/01/48) | 372 | 318369 |
| &nbsp;&nbsp;&nbsp;4.15%, 04/01/48 (Call 10/01/47) | 15 | 13184 |
| &nbsp;&nbsp;&nbsp;Series P, 2.60%, 04/01/30 (Call 01/01/30) | 547 | 477815 |
| &nbsp;&nbsp;&nbsp;Series Q, 1.63%, 01/15/31 (Call 10/15/30) | 224 | 180116 |
| &nbsp;&nbsp;&nbsp;Series R, 2.90%, 10/01/51 (Call 04/01/51) | 315 | 221297 |
| Oklahoma Gas & Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 04/01/30 (Call 10/01/29) | 30 | 27131 |
| &nbsp;&nbsp;&nbsp;3.80%, 08/15/28 (Call 02/15/28) | 195 | 187625 |
| &nbsp;&nbsp;&nbsp;3.85%, 08/15/47 (Call 02/15/47) | 254 | 204704 |
| &nbsp;&nbsp;&nbsp;4.15%, 04/01/47 (Call 10/01/46) | 643 | 540750 |
| OmGrid Funding Ltd., 5.20%, 05/16/27<sup>(d)</sup> | 200 | 195870 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| Oncor Electric Delivery Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;0.55%, 10/01/25 (Call 09/01/25) | $420 | $378525 |
| &nbsp;&nbsp;&nbsp;2.70%, 11/15/51 (Call 05/15/51) | 483 | 339921 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/01/24 (Call 05/01/24) | 605 | 589615 |
| &nbsp;&nbsp;&nbsp;2.75%, 05/15/30 (Call 02/15/30) | 850 | 759781 |
| &nbsp;&nbsp;&nbsp;2.95%, 04/01/25 (Call 01/01/25) | 168 | 161747 |
| &nbsp;&nbsp;&nbsp;3.10%, 09/15/49 (Call 03/15/49) | 592 | 447836 |
| &nbsp;&nbsp;&nbsp;3.70%, 11/15/28 (Call 08/15/28) | 830 | 802643 |
| &nbsp;&nbsp;&nbsp;3.70%, 05/15/50 (Call 11/15/49) | 380 | 321860 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/45 (Call 10/01/44) | 435 | 373391 |
| &nbsp;&nbsp;&nbsp;3.80%, 09/30/47 (Call 03/30/47) | 313 | 269427 |
| &nbsp;&nbsp;&nbsp;3.80%, 06/01/49 (Call 12/01/48) | 443 | 380497 |
| &nbsp;&nbsp;&nbsp;4.10%, 11/15/48 (Call 05/15/48) | 73 | 65651 |
| &nbsp;&nbsp;&nbsp;4.15%, 06/01/32 | 175 | 171301 |
| &nbsp;&nbsp;&nbsp;4.55%, 09/15/32 | 370 | 373874 |
| &nbsp;&nbsp;&nbsp;4.55%, 12/01/41 (Call 06/01/41) | 95 | 92156 |
| &nbsp;&nbsp;&nbsp;4.60%, 06/01/52 | 418 | 405853 |
| &nbsp;&nbsp;&nbsp;4.95%, 09/15/52 (Call 03/15/52) | 850 | 866660 |
| &nbsp;&nbsp;&nbsp;5.25%, 09/30/40 | 150 | 156602 |
| &nbsp;&nbsp;&nbsp;5.30%, 06/01/42 (Call 12/01/41) | 358 | 378968 |
| &nbsp;&nbsp;&nbsp;5.35%, 10/01/52 (Call 04/01/52) | 255 | 276843 |
| &nbsp;&nbsp;&nbsp;5.75%, 03/15/29 (Call 12/15/28) | 15 | 15916 |
| &nbsp;&nbsp;&nbsp;7.00%, 05/01/32 | 118 | 138145 |
| &nbsp;&nbsp;&nbsp;7.25%, 01/15/33 | 390 | 474146 |
| &nbsp;&nbsp;&nbsp;7.50%, 09/01/38 | 215 | 273547 |
| Oryx Funding Ltd., 5.80%, 02/03/31<sup>(d)</sup> | 400 | 395032 |
| Pacific Gas and Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;6.15%, 01/15/33 | 555 | 570751 |
| &nbsp;&nbsp;&nbsp;6.75%, 01/15/53 | 700 | 733950 |
| Pacific Gas and Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.10%, 08/01/27 (Call 06/01/27) | 710 | 622670 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/01/31 (Call 11/01/30) | 1590 | 1284752 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/15/28 (Call 04/15/28) | 800 | 716624 |
| &nbsp;&nbsp;&nbsp;3.15%, 01/01/26 | 1045 | 989416 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/01/31 (Call 03/01/31) | 793 | 672432 |
| &nbsp;&nbsp;&nbsp;3.30%, 03/15/27 (Call 12/15/26) | 205 | 189703 |
| &nbsp;&nbsp;&nbsp;3.30%, 12/01/27 (Call 09/01/27) | 819 | 752350 |
| &nbsp;&nbsp;&nbsp;3.30%, 08/01/40 (Call 02/01/40) | 961 | 689700 |
| &nbsp;&nbsp;&nbsp;3.45%, 07/01/25 | 534 | 511919 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/15/25 (Call 03/15/25) | 350 | 334064 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/50 (Call 02/01/50) | 1225 | 825503 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/15/24 (Call 11/15/23) | 129 | 126817 |
| &nbsp;&nbsp;&nbsp;3.75%, 07/01/28 | 320 | 294387 |
| &nbsp;&nbsp;&nbsp;3.75%, 08/15/42 (Call 02/15/42) | 325 | 236067 |
| &nbsp;&nbsp;&nbsp;3.95%, 12/01/47 (Call 06/01/47) | 832 | 602834 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/01/46 (Call 06/01/46) | 235 | 171127 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/01/29 (Call 01/01/29) | 660 | 610526 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/01/41 (Call 12/01/40) | 432 | 342874 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/15/46 (Call 09/15/45) | 528 | 396407 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/15/45 (Call 09/15/44) | 262 | 199620 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/01/32 (Call 12/01/31) | 575 | 522134 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/15/42 (Call 10/15/41) | 233 | 185324 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/01/40 (Call 01/01/40) | 1421 | 1169568 |
| &nbsp;&nbsp;&nbsp;4.55%, 07/01/30 (Call 01/01/30) | 1050 | 979471 |
| &nbsp;&nbsp;&nbsp;4.60%, 06/15/43 (Call 12/15/42) | 325 | 263669 |
| &nbsp;&nbsp;&nbsp;4.65%, 08/01/28 (Call 05/01/28) | 180 | 170827 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/44 (Call 08/15/43) | 401 | 327862 |
| &nbsp;&nbsp;&nbsp;4.95%, 06/08/25 | 600 | 595476 |
| &nbsp;&nbsp;&nbsp;4.95%, 07/01/50 (Call 01/01/50) | 2087 | 1742290 |
| &nbsp;&nbsp;&nbsp;5.25%, 03/01/52 (Call 09/01/51) | 280 | 244152 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.45%, 06/15/27 (Call 05/15/27) | $940 | $944192 |
| &nbsp;&nbsp;&nbsp;5.90%, 06/15/32 (Call 03/15/32) | 650 | 654751 |
| PacifiCorp |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 09/15/30 (Call 06/15/30) | 54 | 48133 |
| &nbsp;&nbsp;&nbsp;2.90%, 06/15/52 (Call 12/15/51) | 230 | 164307 |
| &nbsp;&nbsp;&nbsp;3.30%, 03/15/51 (Call 09/15/50) | 573 | 444396 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/15/29 (Call 03/15/29) | 610 | 577847 |
| &nbsp;&nbsp;&nbsp;4.10%, 02/01/42 (Call 08/01/41) | 250 | 221265 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/15/49 (Call 07/15/48) | 433 | 381352 |
| &nbsp;&nbsp;&nbsp;4.15%, 02/15/50 (Call 08/15/49) | 386 | 342181 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/15/35 | 85 | 88577 |
| &nbsp;&nbsp;&nbsp;5.35%, 12/01/53 (Call 06/01/53) | 475 | 507343 |
| &nbsp;&nbsp;&nbsp;5.75%, 04/01/37 | 185 | 198895 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/15/39 | 585 | 640575 |
| &nbsp;&nbsp;&nbsp;6.10%, 08/01/36 | 65 | 70697 |
| &nbsp;&nbsp;&nbsp;6.25%, 10/15/37 | 797 | 899335 |
| &nbsp;&nbsp;&nbsp;6.35%, 07/15/38 | 69 | 78930 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.70%, 11/15/31<sup>(c)</sup> | 175 | 212476 |
| Pampa Energia SA, 7.50%, 01/24/27 (Call 01/24/24)<sup>(d)</sup> | 600 | 566664 |
| Pattern Energy Operations LP/Pattern Energy Operations Inc., 4.50%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 395 | 362460 |
| PECO Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 06/15/50 (Call 12/15/49) | 250 | 175853 |
| &nbsp;&nbsp;&nbsp;2.85%, 09/15/51 (Call 03/15/51) | 170 | 120659 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/15/49 (Call 03/15/49) | 364 | 266827 |
| &nbsp;&nbsp;&nbsp;3.05%, 03/15/51 (Call 09/15/50) | 160 | 117133 |
| &nbsp;&nbsp;&nbsp;3.15%, 10/15/25 (Call 07/15/25) | 200 | 193416 |
| &nbsp;&nbsp;&nbsp;3.70%, 09/15/47 (Call 03/15/47) | 200 | 167382 |
| &nbsp;&nbsp;&nbsp;3.90%, 03/01/48 (Call 09/01/47) | 365 | 319506 |
| &nbsp;&nbsp;&nbsp;4.15%, 10/01/44 (Call 04/01/44) | 120 | 108137 |
| &nbsp;&nbsp;&nbsp;4.38%, 08/15/52 (Call 02/15/52) | 180 | 171090 |
| &nbsp;&nbsp;&nbsp;4.60%, 05/15/52 (Call 11/15/51) | 180 | 174863 |
| &nbsp;&nbsp;&nbsp;5.95%, 10/01/36 | 168 | 185370 |
| Pennsylvania Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 03/15/28 (Call 12/15/27)<sup>(b)</sup> | 423 | 392294 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 06/01/29 (Call 03/01/29)<sup>(b)</sup> | 403 | 371151 |
| Perusahaan Listrik Negara PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/17/29<sup>(d)</sup> | 400 | 368424 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 05/15/27<sup>(c)(d)</sup> | 1211 | 1176038 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/17/49<sup>(d)</sup> | 400 | 329332 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/15/47<sup>(d)</sup> | 400 | 349788 |
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/30/30 (Call 03/30/30)<sup>(c)(d)</sup> | 800 | 686632 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 02/05/30<sup>(c)(d)</sup> | 600 | 528378 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/30/50 (Call 12/30/49)<sup>(c)(d)</sup> | 800 | 593776 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/05/50<sup>(c)(d)</sup> | 200 | 155950 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 10/24/42<sup>(d)</sup> | 200 | 178744 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 01/25/29<sup>(d)</sup> | 400 | 403404 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 05/21/28<sup>(d)</sup> | 200 | 202628 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.15%, 05/21/48<sup>(d)</sup> | 800 | 782680 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/25/49<sup>(d)</sup> | 400 | 390936 |
| PG&E Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 07/01/28 (Call 07/01/23) | 670 | 626778 |
| &nbsp;&nbsp;&nbsp;5.25%, 07/01/30 (Call 06/15/25) | 705 | 649629 |
| PG&E Recovery Funding LLC, 5.05%, 07/15/34 | 200 | 203224 |
| Pike Corp., 5.50%, 09/01/28 (Call 09/01/23)<sup>(b)</sup> | 475 | 419287 |
| Pinnacle West Capital Corp., 1.30%, 06/15/25 (Call 05/15/25) | 95 | 87256 |
| Potomac Electric Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 03/15/24 (Call 12/15/23) | 280 | 276301 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.15%, 03/15/43 (Call 09/15/42) | $563 | $510973 |
| &nbsp;&nbsp;&nbsp;6.50%, 11/15/37 | 230 | 264960 |
| PPL Capital Funding Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 05/15/26 (Call 02/15/26) | 448 | 424959 |
| &nbsp;&nbsp;&nbsp;4.13%, 04/15/30 (Call 01/15/30) | 55 | 52928 |
| PPL Electric Utilities Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/49 (Call 04/01/49) | 260 | 194789 |
| &nbsp;&nbsp;&nbsp;3.95%, 06/01/47 (Call 12/01/46) | 570 | 501457 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/15/44 (Call 12/15/43) | 373 | 333529 |
| &nbsp;&nbsp;&nbsp;4.15%, 10/01/45 (Call 04/01/45) | 160 | 141106 |
| &nbsp;&nbsp;&nbsp;4.15%, 06/15/48 (Call 12/15/47) | 215 | 193221 |
| &nbsp;&nbsp;&nbsp;4.75%, 07/15/43 (Call 01/15/43) | 110 | 106853 |
| &nbsp;&nbsp;&nbsp;6.25%, 05/15/39 | 85 | 96475 |
| Progress Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 12/01/39 | 335 | 358282 |
| &nbsp;&nbsp;&nbsp;7.00%, 10/30/31 | 185 | 208119 |
| &nbsp;&nbsp;&nbsp;7.75%, 03/01/31 | 281 | 328868 |
| Public Service Co. of Colorado |  |  |
| &nbsp;&nbsp;&nbsp;1.88%, 06/15/31 (Call 12/15/30) | 10 | 8260 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/15/42 (Call 03/15/42) | 215 | 180157 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/15/28 (Call 12/15/27) | 275 | 267102 |
| &nbsp;&nbsp;&nbsp;3.80%, 06/15/47 (Call 12/15/46) | 389 | 329487 |
| &nbsp;&nbsp;&nbsp;4.05%, 09/15/49 (Call 03/15/49) | 333 | 294872 |
| &nbsp;&nbsp;&nbsp;4.10%, 06/01/32 (Call 12/01/31) | 185 | 180151 |
| &nbsp;&nbsp;&nbsp;4.10%, 06/15/48 (Call 12/15/47) | 95 | 84606 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/15/44 (Call 09/15/43) | 531 | 484755 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/52 (Call 12/01/51) | 180 | 172895 |
| &nbsp;&nbsp;&nbsp;6.50%, 08/01/38 | 70 | 81732 |
| &nbsp;&nbsp;&nbsp;Series 17, 6.25%, 09/01/37 | 193 | 219966 |
| &nbsp;&nbsp;&nbsp;Series 34, 3.20%, 03/01/50 (Call 09/01/49) | 203 | 157211 |
| &nbsp;&nbsp;&nbsp;Series 35, 1.90%, 01/15/31 (Call 07/15/30) | 515 | 427641 |
| &nbsp;&nbsp;&nbsp;Series 36, 2.70%, 01/15/51 (Call 07/15/49) | 450 | 313303 |
| Public Service Co. of New Hampshire |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 07/01/49 (Call 01/01/49) | 359 | 299180 |
| &nbsp;&nbsp;&nbsp;5.15%, 01/15/53 | 395 | 417843 |
| &nbsp;&nbsp;&nbsp;Series V, 2.20%, 06/15/31 (Call 03/15/31) | 165 | 140080 |
| Public Service Co. of Oklahoma |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/33 | 400 | 414264 |
| &nbsp;&nbsp;&nbsp;Series J, 2.20%, 08/15/31 (Call 05/15/31) | 300 | 248547 |
| &nbsp;&nbsp;&nbsp;Series K, 3.15%, 08/15/51 (Call 02/15/51) | 180 | 128457 |
| Public Service Electric & Gas Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 08/15/31 (Call 05/15/31) | 475 | 393917 |
| &nbsp;&nbsp;&nbsp;2.05%, 08/01/50 (Call 02/01/50) | 163 | 99503 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/15/26 (Call 06/15/26) | 470 | 435159 |
| &nbsp;&nbsp;&nbsp;2.45%, 01/15/30 (Call 10/15/29) | 575 | 507840 |
| &nbsp;&nbsp;&nbsp;2.70%, 05/01/50 (Call 11/01/49) | 387 | 271589 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/25 (Call 02/15/25) | 24 | 23191 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/27 (Call 02/15/27) | 125 | 118935 |
| &nbsp;&nbsp;&nbsp;3.15%, 01/01/50 (Call 07/01/49) | 561 | 433176 |
| &nbsp;&nbsp;&nbsp;3.20%, 05/15/29 (Call 02/15/29) | 224 | 209122 |
| &nbsp;&nbsp;&nbsp;3.20%, 08/01/49 (Call 02/01/49) | 450 | 349321 |
| &nbsp;&nbsp;&nbsp;3.60%, 12/01/47 (Call 06/01/47) | 310 | 255180 |
| &nbsp;&nbsp;&nbsp;3.65%, 09/01/28 (Call 06/01/28) | 560 | 541178 |
| &nbsp;&nbsp;&nbsp;3.65%, 09/01/42 (Call 03/01/42) | 269 | 228341 |
| &nbsp;&nbsp;&nbsp;3.70%, 05/01/28 (Call 02/01/28) | 180 | 175320 |
| &nbsp;&nbsp;&nbsp;3.80%, 01/01/43 (Call 07/01/42) | 180 | 157066 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/01/46 (Call 09/01/45) | 703 | 601480 |
| &nbsp;&nbsp;&nbsp;3.85%, 05/01/49 (Call 11/01/48) | 468 | 402283 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/01/42 (Call 11/01/41) | 150 | 132818 |
| &nbsp;&nbsp;&nbsp;4.05%, 05/01/48 (Call 11/01/47) | 90 | 80556 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/32 | $690 | $718352 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/01/40 | 205 | 220342 |
| &nbsp;&nbsp;&nbsp;5.80%, 05/01/37 | 245 | 266945 |
| Public Service Enterprise Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.80%, 08/15/25 (Call 07/15/25) | 385 | 349491 |
| &nbsp;&nbsp;&nbsp;1.60%, 08/15/30 (Call 05/15/30) | 235 | 188620 |
| &nbsp;&nbsp;&nbsp;2.45%, 11/15/31 (Call 08/15/31) | 5 | 4178 |
| &nbsp;&nbsp;&nbsp;2.88%, 06/15/24 (Call 05/15/24) | 348 | 338315 |
| &nbsp;&nbsp;&nbsp;5.85%, 11/15/27 (Call 10/15/27) | 100 | 105001 |
| Puget Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 06/15/28 (Call 04/15/28) | 455 | 401164 |
| &nbsp;&nbsp;&nbsp;3.65%, 05/15/25 (Call 02/15/25) | 580 | 556371 |
| &nbsp;&nbsp;&nbsp;4.10%, 06/15/30 (Call 03/15/30) | 164 | 151866 |
| &nbsp;&nbsp;&nbsp;4.22%, 03/15/32 (Call 12/15/31) | 275 | 251669 |
| Puget Sound Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 09/15/49 (Call 03/15/49) | 412 | 304723 |
| &nbsp;&nbsp;&nbsp;4.22%, 06/15/48 (Call 12/15/47) | 290 | 254640 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/20/45 (Call 11/20/44) | 446 | 388729 |
| &nbsp;&nbsp;&nbsp;5.64%, 04/15/41 (Call 10/15/40) | 230 | 240642 |
| &nbsp;&nbsp;&nbsp;5.76%, 10/01/39 | 414 | 435760 |
| &nbsp;&nbsp;&nbsp;5.80%, 03/15/40 | 460 | 485594 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.27%, 03/15/37<sup>(c)</sup> | 275 | 296552 |
| ReNew Wind Energy AP2/ReNew Power Pvt Ltd. other 9 Subsidiaries, 4.50%, 07/14/28 (Call 10/14/23)<sup>(d)</sup> | 400 | 341440 |
| RH International Singapore Corp. Pte Ltd., 4.50%, 03/27/28<sup>(d)</sup> | 200 | 191670 |
| Rochester Gas and Electric Corp., 3.10%, 06/01/27 (Call 03/01/27)<sup>(b)</sup> | 595 | 558568 |
| Ruwais Power Co. PJSC, 6.00%, 08/31/36<sup>(d)</sup> | 600 | 618792 |
| San Diego Gas & Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 05/15/26 (Call 02/15/26) | 436 | 409116 |
| &nbsp;&nbsp;&nbsp;4.15%, 05/15/48 (Call 11/15/47) | 250 | 223408 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/15/40 | 207 | 197217 |
| &nbsp;&nbsp;&nbsp;6.00%, 06/01/39 | 225 | 245768 |
| &nbsp;&nbsp;&nbsp;Series RRR, 3.75%, 06/01/47 (Call 12/01/46) | 596 | 494728 |
| &nbsp;&nbsp;&nbsp;Series TTT, 4.10%, 06/15/49 (Call 12/15/48) | 672 | 589512 |
| &nbsp;&nbsp;&nbsp;Series UUU, 3.32%, 04/15/50 (Call 10/15/49) | 180 | 137837 |
| &nbsp;&nbsp;&nbsp;Series VVV, 1.70%, 10/01/30 (Call 07/01/30) | 729 | 598365 |
| &nbsp;&nbsp;&nbsp;Series WWW, 2.95%, 08/15/51 (Call 02/15/51) | 420 | 305949 |
| &nbsp;&nbsp;&nbsp;Series XXX, 3.00%, 03/15/32 (Call 12/15/31) | 435 | 385062 |
| Saudi Electricity Global Sukuk Co. 2, 5.06%, 04/08/43<sup>(d)</sup> | 400 | 400556 |
| Saudi Electricity Global Sukuk Co. 3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/08/24<sup>(d)</sup> | 600 | 594660 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/08/44<sup>(d)</sup> | 800 | 846216 |
| Saudi Electricity Global Sukuk Co. 4, 4.72%, 09/27/28<sup>(d)</sup> | 800 | 820688 |
| Saudi Electricity Global Sukuk Co. 5 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.74%, 09/17/25<sup>(d)</sup> | 400 | 373236 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.41%, 09/17/30<sup>(d)</sup> | 1400 | 1233246 |
| Sempra Energy |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 06/15/27 (Call 03/15/27) | 1258 | 1187690 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/01/25 (Call 03/01/25) | 195 | 188865 |
| &nbsp;&nbsp;&nbsp;3.40%, 02/01/28 (Call 10/01/27) | 717 | 680017 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/01/29 (Call 02/01/29) | 280 | 264317 |
| &nbsp;&nbsp;&nbsp;3.80%, 02/01/38 (Call 08/01/37) | 368 | 322438 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/48 (Call 08/01/47) | 583 | 490420 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/01/52 (Call 01/01/27)<sup>(a)</sup> | 685 | 595388 |
| &nbsp;&nbsp;&nbsp;6.00%, 10/15/39 | 746 | 799190 |
| Sierra Pacific Power Co., 2.60%, 05/01/26 (Call 02/01/26) | 378 | 356397 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| Sinosing Services Pte Ltd., 2.63%, 02/20/30<sup>(d)</sup> | $400 | $346880 |
| SMC Global Power Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, (Call 12/09/26)<sup>(a)(d)(f)</sup> | 400 | 312732 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.70%, (Call 01/21/26)<sup>(a)(d)(f)</sup> | 600 | 492486 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, (Call 04/25/24)<sup>(a)(d)(f)</sup> | 400 | 373576 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, (Call 10/21/25)<sup>(a)(d)(f)</sup> | 400 | 365148 |
| Southern California Edison Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 06/01/30 (Call 03/01/30) | 912 | 781082 |
| &nbsp;&nbsp;&nbsp;2.75%, 02/01/32 (Call 11/01/31) | 225 | 194733 |
| &nbsp;&nbsp;&nbsp;2.85%, 08/01/29 (Call 05/01/29) | 175 | 156552 |
| &nbsp;&nbsp;&nbsp;3.45%, 02/01/52 (Call 08/01/51) | 100 | 76174 |
| &nbsp;&nbsp;&nbsp;3.65%, 02/01/50 (Call 08/01/49) | 865 | 680331 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/47 (Call 10/01/46) | 1035 | 868551 |
| &nbsp;&nbsp;&nbsp;4.05%, 03/15/42 (Call 09/15/41) | 558 | 473044 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/01/40 (Call 03/01/40) | 375 | 339562 |
| &nbsp;&nbsp;&nbsp;4.65%, 10/01/43 (Call 04/01/43) | 580 | 539800 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/15/40 | 440 | 450683 |
| &nbsp;&nbsp;&nbsp;5.63%, 02/01/36 | 448 | 460938 |
| &nbsp;&nbsp;&nbsp;5.85%, 11/01/27 (Call 10/01/27) | 200 | 210594 |
| &nbsp;&nbsp;&nbsp;5.95%, 11/01/32 (Call 08/01/32) | 225 | 245153 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/15/34 | 613 | 667496 |
| &nbsp;&nbsp;&nbsp;6.05%, 03/15/39 | 663 | 715377 |
| &nbsp;&nbsp;&nbsp;6.65%, 04/01/29 | 419 | 445242 |
| &nbsp;&nbsp;&nbsp;Series 04-G, 5.75%, 04/01/35 | 440 | 466250 |
| &nbsp;&nbsp;&nbsp;Series 05-E, 5.35%, 07/15/35 | 410 | 418393 |
| &nbsp;&nbsp;&nbsp;Series 06-E, 5.55%, 01/15/37 | 130 | 134282 |
| &nbsp;&nbsp;&nbsp;Series 08-A, 5.95%, 02/01/38 | 290 | 309830 |
| &nbsp;&nbsp;&nbsp;Series 13-A, 3.90%, 03/15/43 (Call 09/15/42) | 265 | 219476 |
| &nbsp;&nbsp;&nbsp;Series 2020-C, 1.20%, 02/01/26 (Call 01/01/26) | 245 | 220547 |
| &nbsp;&nbsp;&nbsp;Series 20A, 2.95%, 02/01/51 (Call 08/01/50) | 155 | 107255 |
| &nbsp;&nbsp;&nbsp;Series A, 4.20%, 03/01/29 (Call 12/01/28) | 512 | 498765 |
| &nbsp;&nbsp;&nbsp;Series B, 3.65%, 03/01/28 (Call 12/01/27) | 278 | 266466 |
| &nbsp;&nbsp;&nbsp;Series B, 4.88%, 03/01/49 (Call 09/01/48) | 431 | 409687 |
| &nbsp;&nbsp;&nbsp;Series C, 3.60%, 02/01/45 (Call 08/01/44) | 286 | 221321 |
| &nbsp;&nbsp;&nbsp;Series C, 4.13%, 03/01/48 (Call 09/01/47) | 1383 | 1177597 |
| &nbsp;&nbsp;&nbsp;Series C, 4.20%, 06/01/25 | 395 | 390264 |
| &nbsp;&nbsp;&nbsp;Series D, 4.70%, 06/01/27 (Call 05/01/27) | 685 | 688350 |
| &nbsp;&nbsp;&nbsp;Series E, 3.70%, 08/01/25 (Call 06/01/25) | 690 | 672253 |
| &nbsp;&nbsp;&nbsp;Series E, 5.45%, 06/01/52 (Call 12/01/51) | 260 | 267803 |
| &nbsp;&nbsp;&nbsp;Series G, 2.50%, 06/01/31 (Call 03/01/31) | 360 | 307494 |
| &nbsp;&nbsp;&nbsp;Series H, 3.65%, 06/01/51 (Call 12/01/50) | 160 | 126621 |
| &nbsp;&nbsp;&nbsp;Series K, 0.98%, 08/01/24 | 30 | 28293 |
| Southern Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 07/01/26 (Call 04/01/26) | 1498 | 1425422 |
| &nbsp;&nbsp;&nbsp;4.25%, 07/01/36 (Call 01/01/36) | 615 | 565689 |
| &nbsp;&nbsp;&nbsp;4.40%, 07/01/46 (Call 01/01/46) | 1224 | 1095615 |
| &nbsp;&nbsp;&nbsp;5.15%, 10/06/25 | 300 | 303339 |
| &nbsp;&nbsp;&nbsp;5.70%, 10/15/32 (Call 04/15/32) | 235 | 250651 |
| &nbsp;&nbsp;&nbsp;Series 21-A, 0.60%, 02/26/24 (Call 01/26/24) | 180 | 171882 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 21-A, 3.75%, 09/15/51 (Call 06/15/26)<sup>(a)</sup> | 84 | 73629 |
| &nbsp;&nbsp;&nbsp;Series A, 3.70%, 04/30/30 (Call 01/30/30) | 1060 | 992658 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series B, 4.00%, 01/15/51 (Call 01/15/26)<sup>(a)</sup> | 563 | 535334 |
| Southern Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 01/15/26 (Call 12/15/25) | 125 | 112194 |
| &nbsp;&nbsp;&nbsp;4.15%, 12/01/25 (Call 09/01/25) | 150 | 148586 |
| &nbsp;&nbsp;&nbsp;5.15%, 09/15/41 | 510 | 489437 |
| &nbsp;&nbsp;&nbsp;5.25%, 07/15/43 | 140 | 134022 |
| &nbsp;&nbsp;&nbsp;Series F, 4.95%, 12/15/46 (Call 06/15/46) | 576 | 526740 |
| Southwestern Electric Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 11/01/51 (Call 05/01/51) | 510 | 361478 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;6.20%, 03/15/40 | $350 | $376005 |
| &nbsp;&nbsp;&nbsp;Series J, 3.90%, 04/01/45 (Call 10/01/44) | 422 | 343327 |
| &nbsp;&nbsp;&nbsp;Series K, 2.75%, 10/01/26 (Call 07/01/26) | 749 | 696210 |
| &nbsp;&nbsp;&nbsp;Series L, 3.85%, 02/01/48 (Call 08/01/47) | 373 | 295823 |
| &nbsp;&nbsp;&nbsp;Series M, 4.10%, 09/15/28 (Call 06/15/28) | 720 | 697514 |
| &nbsp;&nbsp;&nbsp;Series N, 1.65%, 03/15/26 (Call 02/15/26) | 270 | 245795 |
| Southwestern Public Service Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.30%, 06/15/24 (Call 12/15/23) | 50 | 49079 |
| &nbsp;&nbsp;&nbsp;3.40%, 08/15/46 (Call 02/15/46) | 120 | 92074 |
| &nbsp;&nbsp;&nbsp;3.70%, 08/15/47 (Call 02/15/47) | 330 | 263769 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/15/49 (Call 12/15/48) | 275 | 225497 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/15/41 (Call 02/15/41) | 10 | 9267 |
| &nbsp;&nbsp;&nbsp;Series 6, 4.40%, 11/15/48 (Call 05/15/48) | 71 | 64099 |
| &nbsp;&nbsp;&nbsp;Series 8, 3.15%, 05/01/50 (Call 11/01/49) | 240 | 179035 |
| SP Group Treasury Pte. Ltd., 3.38%, 02/27/29 (Call 11/27/28)<sup>(b)</sup> | 500 | 475510 |
| SP PowerAssets Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/26/27<sup>(b)(c)</sup> | 600 | 568830 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/24/25<sup>(b)</sup> | 200 | 192580 |
| SPIC MTN Co. Ltd., 1.63%, 07/27/25<sup>(d)</sup> | 1000 | 922700 |
| Star Energy Geothermal Darajat II/Star Energy Geothermal Salak, 4.85%, 10/14/38 (Call 10/14/29)<sup>(d)</sup> | 600 | 522402 |
| State Grid Europe Development 2014 PLC, 3.13%, 04/07/25 (Call 03/07/25)<sup>(d)</sup> | 400 | 386480 |
| State Grid Overseas Investment 2013 Ltd., 4.38%, 05/22/43<sup>(b)</sup> | 200 | 190428 |
| State Grid Overseas Investment 2014 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 05/07/24<sup>(d)</sup> | 800 | 793608 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 05/07/44<sup>(d)</sup> | 200 | 202706 |
| State Grid Overseas Investment 2016 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 08/05/25 (Call 07/05/25)<sup>(d)</sup> | 600 | 547068 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/04/27<sup>(d)</sup> | 1700 | 1651108 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/02/28<sup>(d)</sup> | 800 | 798496 |
| State Grid Overseas Investment BVI Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 09/08/26 (Call 08/08/26)<sup>(d)</sup> | 400 | 355416 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 08/05/30 (Call 05/05/30)<sup>(d)</sup> | 2700 | 2240865 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/18/26<sup>(d)</sup> | 400 | 379824 |
| Tabreed Sukuk Spc Ltd., 5.50%, 10/31/25<sup>(d)</sup> | 400 | 406008 |
| Tampa Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 03/15/31 (Call 12/15/30) | 153 | 128451 |
| &nbsp;&nbsp;&nbsp;3.45%, 03/15/51 (Call 09/15/50) | 430 | 325007 |
| &nbsp;&nbsp;&nbsp;3.63%, 06/15/50 (Call 12/15/49) | 170 | 133079 |
| &nbsp;&nbsp;&nbsp;4.10%, 06/15/42 (Call 12/15/41) | 354 | 309017 |
| &nbsp;&nbsp;&nbsp;4.30%, 06/15/48 (Call 12/15/47) | 290 | 251120 |
| &nbsp;&nbsp;&nbsp;4.35%, 05/15/44 (Call 11/15/43) | 375 | 331789 |
| &nbsp;&nbsp;&nbsp;4.45%, 06/15/49 (Call 12/15/48) | 345 | 303683 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/15/52 (Call 01/15/52) | 290 | 285331 |
| Termocandelaria Power Ltd., 7.88%, 01/30/29 (Call 03/02/23)<sup>(d)</sup> | 310 | 292036 |
| Terraform Global Operating LP, 6.13%, 03/01/26 (Call 03/01/23)<sup>(b)</sup> | 275 | 261586 |
| Three Gorges Finance I Cayman Islands Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.30%, 09/22/25 (Call 08/22/25)<sup>(d)</sup> | 1000 | 915920 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 10/16/24 (Call 09/16/24)<sup>(d)</sup> | 400 | 384268 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 06/02/26<sup>(d)</sup> | 1200 | 1149888 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 10/16/49 (Call 04/16/49)<sup>(d)</sup> | 200 | 145722 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 06/10/25<sup>(d)</sup> | 200 | 195472 |
| TNB Global Ventures Capital Bhd |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.24%, 10/19/26<sup>(d)</sup> | 400 | 373104 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 11/01/28<sup>(d)</sup> | 600 | 597642 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| Toledo Edison Co. (The), 6.15%, 05/15/37 | $337 | $365628 |
| Trans-Allegheny Interstate Line Co., 3.85%, 06/01/25 (Call 03/01/25)<sup>(b)</sup> | 55 | 53519 |
| TransAlta Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 03/15/40 | 271 | 260168 |
| &nbsp;&nbsp;&nbsp;7.75%, 11/15/29 (Call 11/15/25) | 150 | 154856 |
| Transelec SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/12/29 (Call 10/12/28)<sup>(b)</sup> | 400 | 368760 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/14/25 (Call 10/14/24)<sup>(d)</sup> | 200 | 196148 |
| Tri-State Generation & Transmission Association Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/40<sup>(b)</sup> | 75 | 71623 |
| &nbsp;&nbsp;&nbsp;Tucson Electric Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 08/01/30 (Call 05/01/30) | 525 | 417275 |
| &nbsp;&nbsp;&nbsp;3.05%, 03/15/25 (Call 12/15/24) | 25 | 24124 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/15/32 (Call 02/15/32) | 275 | 243471 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/01/51 (Call 11/01/50) | 145 | 102164 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/15/50 (Call 12/15/49) | 392 | 317653 |
| &nbsp;&nbsp;&nbsp;4.85%, 12/01/48 (Call 06/01/48) | 363 | 334065 |
| Union Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.15%, 03/15/32 (Call 12/15/31) | 620 | 510192 |
| &nbsp;&nbsp;&nbsp;2.63%, 03/15/51 (Call 09/15/50) | 155 | 106285 |
| &nbsp;&nbsp;&nbsp;2.95%, 06/15/27 (Call 03/15/27) | 75 | 71332 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/15/30 (Call 12/15/29) | 131 | 118662 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/01/49 (Call 04/01/49) | 152 | 114605 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/15/24 (Call 01/15/24) | 25 | 24628 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/29 (Call 12/15/28) | 508 | 481670 |
| &nbsp;&nbsp;&nbsp;3.65%, 04/15/45 (Call 10/15/44) | 310 | 255939 |
| &nbsp;&nbsp;&nbsp;3.90%, 09/15/42 (Call 03/15/42) | 527 | 459112 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/48 (Call 10/01/47) | 322 | 275590 |
| &nbsp;&nbsp;&nbsp;5.30%, 08/01/37 | 115 | 118850 |
| &nbsp;&nbsp;&nbsp;8.45%, 03/15/39 | 130 | 175347 |
| Virginia Electric & Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 11/15/31 (Call 08/15/31) | 725 | 609326 |
| &nbsp;&nbsp;&nbsp;2.40%, 03/30/32 (Call 12/30/31) | 250 | 211215 |
| &nbsp;&nbsp;&nbsp;2.45%, 12/15/50 (Call 06/15/50) | 852 | 548219 |
| &nbsp;&nbsp;&nbsp;2.95%, 11/15/51 (Call 05/15/51) | 530 | 378144 |
| &nbsp;&nbsp;&nbsp;3.30%, 12/01/49 (Call 06/01/49) | 334 | 257364 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/15/43 (Call 07/15/42) | 425 | 368955 |
| &nbsp;&nbsp;&nbsp;4.45%, 02/15/44 (Call 08/15/43) | 670 | 612065 |
| &nbsp;&nbsp;&nbsp;4.60%, 12/01/48 (Call 06/01/48) | 265 | 246238 |
| &nbsp;&nbsp;&nbsp;6.35%, 11/30/37 | 213 | 237770 |
| &nbsp;&nbsp;&nbsp;8.88%, 11/15/38 | 622 | 875931 |
| &nbsp;&nbsp;&nbsp;Series A, 2.88%, 07/15/29 (Call 04/15/29) | 80 | 72837 |
| &nbsp;&nbsp;&nbsp;Series A, 3.10%, 05/15/25 (Call 02/15/25) | 555 | 536491 |
| &nbsp;&nbsp;&nbsp;Series A, 3.15%, 01/15/26 (Call 10/15/25) | 555 | 538122 |
| &nbsp;&nbsp;&nbsp;Series A, 3.50%, 03/15/27 (Call 12/15/26) | 249 | 240350 |
| &nbsp;&nbsp;&nbsp;Series A, 3.80%, 04/01/28 (Call 01/01/28) | 465 | 449404 |
| &nbsp;&nbsp;&nbsp;Series A, 6.00%, 05/15/37 | 91 | 99873 |
| &nbsp;&nbsp;&nbsp;Series B, 2.95%, 11/15/26 (Call 08/15/26) | 279 | 263326 |
| &nbsp;&nbsp;&nbsp;Series B, 3.75%, 05/15/27 (Call 04/15/27) | 330 | 321757 |
| &nbsp;&nbsp;&nbsp;Series B, 3.80%, 09/15/47 (Call 03/15/47) | 476 | 391896 |
| &nbsp;&nbsp;&nbsp;Series B, 4.20%, 05/15/45 (Call 11/15/44) | 150 | 130950 |
| &nbsp;&nbsp;&nbsp;Series B, 6.00%, 01/15/36 | 275 | 295655 |
| &nbsp;&nbsp;&nbsp;Series C, 4.00%, 11/15/46 (Call 05/15/46) | 275 | 231589 |
| &nbsp;&nbsp;&nbsp;Series C, 4.63%, 05/15/52 (Call 11/15/51) | 355 | 333455 |
| &nbsp;&nbsp;&nbsp;Series D, 4.65%, 08/15/43 (Call 02/15/43) | 220 | 207304 |
| Vistra Operations Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.55%, 07/15/24 (Call 06/15/24)<sup>(b)</sup> | 862 | 832744 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 01/30/27 (Call 11/30/26)<sup>(b)</sup> | 887 | 824839 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 07/15/29 (Call 04/15/29)<sup>(b)</sup> | 582 | 538734 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | $769 | $676881 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/31/27 (Call 07/31/23)<sup>(b)</sup> | 960 | 902976 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/01/26 (Call 09/01/23)<sup>(b)</sup> | 890 | 867038 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/15/27 (Call 02/15/23)<sup>(b)</sup> | 846 | 819799 |
| WEC Energy Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.80%, 03/15/24 (Call 02/15/24) | 170 | 162321 |
| &nbsp;&nbsp;&nbsp;1.38%, 10/15/27 (Call 08/15/27) | 300 | 261546 |
| &nbsp;&nbsp;&nbsp;1.80%, 10/15/30 (Call 07/15/30) | 305 | 247392 |
| &nbsp;&nbsp;&nbsp;2.20%, 12/15/28 (Call 10/15/28) | 80 | 69950 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/09/26 (Call 12/09/25) | 750 | 751665 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/28 | 750 | 754042 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/27/25 (Call 08/27/25) | 365 | 367205 |
| &nbsp;&nbsp;&nbsp;5.15%, 10/01/27 (Call 09/01/27) | 865 | 885016 |
| Wisconsin Electric Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 06/15/28 (Call 04/15/28) | 310 | 270987 |
| &nbsp;&nbsp;&nbsp;2.05%, 12/15/24 (Call 11/15/24) | 165 | 157400 |
| &nbsp;&nbsp;&nbsp;4.30%, 10/15/48 (Call 04/15/48) | 377 | 336284 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/30/32 (Call 06/30/32) | 160 | 163128 |
| &nbsp;&nbsp;&nbsp;5.63%, 05/15/33 | 125 | 134509 |
| Wisconsin Power and Light Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 09/16/31 (Call 06/16/31) | 265 | 215562 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/29 (Call 04/01/29) | 52 | 47355 |
| &nbsp;&nbsp;&nbsp;3.05%, 10/15/27 (Call 07/15/27) | 120 | 113018 |
| &nbsp;&nbsp;&nbsp;3.65%, 04/01/50 (Call 10/01/49) | 265 | 208293 |
| &nbsp;&nbsp;&nbsp;3.95%, 09/01/32 (Call 06/01/32) | 600 | 572520 |
| &nbsp;&nbsp;&nbsp;6.38%, 08/15/37 | 150 | 167166 |
| Wisconsin Public Service Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.85%, 12/01/51 (Call 06/01/51) | 400 | 278068 |
| &nbsp;&nbsp;&nbsp;3.30%, 09/01/49 (Call 03/01/49) | 500 | 380035 |
| &nbsp;&nbsp;&nbsp;3.67%, 12/01/42 | 115 | 92654 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/01/44 (Call 05/01/44) | 105 | 98104 |
| &nbsp;&nbsp;&nbsp;5.35%, 11/10/25 (Call 10/10/25) | 180 | 183458 |
| Xcel Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 03/15/27 (Call 02/15/27) | 395 | 355516 |
| &nbsp;&nbsp;&nbsp;2.35%, 11/15/31 (Call 05/15/31) | 320 | 265686 |
| &nbsp;&nbsp;&nbsp;2.60%, 12/01/29 (Call 06/01/29) | 410 | 360378 |
| &nbsp;&nbsp;&nbsp;3.30%, 06/01/25 (Call 12/01/24) | 339 | 327752 |
| &nbsp;&nbsp;&nbsp;3.35%, 12/01/26 (Call 06/01/26) | 1161 | 1109812 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/01/30 (Call 12/01/29) | 633 | 582797 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/49 (Call 06/01/49) | 358 | 280643 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/15/28 (Call 12/15/27) | 255 | 249056 |
| &nbsp;&nbsp;&nbsp;4.60%, 06/01/32 (Call 12/01/31) | 450 | 445563 |
| &nbsp;&nbsp;&nbsp;6.50%, 07/01/36 | 50 | 56690 |
| Zhejiang Energy International Ltd., 1.74%, 07/20/26<sup>(d)</sup> | 400 | 359732 |
|  |  | 476154469 |
| **Electrical Components & Equipment — 0.0%** |  |  |
| Acuity Brands Lighting Inc., 2.15%, 12/15/30 (Call 09/15/30) | 225 | 180382 |
| Emerson Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 10/15/26 (Call 09/15/26) | 1103 | 974247 |
| &nbsp;&nbsp;&nbsp;1.80%, 10/15/27 (Call 08/15/27) | 924 | 825067 |
| &nbsp;&nbsp;&nbsp;1.95%, 10/15/30 (Call 07/15/30) | 745 | 622701 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/21/28 (Call 10/21/28) | 855 | 752024 |
| &nbsp;&nbsp;&nbsp;2.20%, 12/21/31 (Call 09/21/31) | 605 | 504897 |
| &nbsp;&nbsp;&nbsp;2.75%, 10/15/50 (Call 04/15/50) | 359 | 249749 |
| &nbsp;&nbsp;&nbsp;2.80%, 12/21/51 (Call 06/21/51) | 660 | 463188 |
| &nbsp;&nbsp;&nbsp;3.15%, 06/01/25 (Call 03/01/25) | 135 | 131192 |
| &nbsp;&nbsp;&nbsp;5.25%, 11/15/39 | 55 | 56777 |
| Energizer Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/31/29 (Call 09/30/23)<sup>(b)</sup> | 695 | 602440 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electrical Components & Equipment (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/15/28 (Call 07/01/23)<sup>(b)</sup> | $390 | $349050 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 12/31/27 (Call 08/31/24)<sup>(b)</sup> | 185 | 180582 |
| EnerSys, 4.38%, 12/15/27 (Call 09/15/27)<sup>(b)(c)</sup> | 280 | 258650 |
| Johnson Electric Holding, 4.13%, 07/30/24<sup>(d)</sup> | 200 | 195946 |
| Molex Electronic Technologies LLC, 3.90%, 04/15/25 (Call 01/15/25)<sup>(b)</sup> | 85 | 81598 |
| WESCO Distribution Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 06/15/25 (Call 06/15/23)<sup>(b)</sup> | 846 | 859460 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 06/15/28 (Call 06/15/23)<sup>(b)</sup> | 784 | 806352 |
|  |  | 8094302 |
| **Electronics — 0.2%** |  |  |
| Agilent Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.10%, 06/04/30 (Call 03/04/30) | 170 | 142383 |
| &nbsp;&nbsp;&nbsp;2.30%, 03/12/31 (Call 12/12/30) | 570 | 478657 |
| &nbsp;&nbsp;&nbsp;2.75%, 09/15/29 (Call 06/15/29) | 453 | 402667 |
| &nbsp;&nbsp;&nbsp;3.05%, 09/22/26 (Call 06/22/26) | 510 | 482955 |
| Allegion PLC, 3.50%, 10/01/29 (Call 07/01/29) | 350 | 314968 |
| Allegion U.S. Holding Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 10/01/24 (Call 08/01/24) | 386 | 373362 |
| &nbsp;&nbsp;&nbsp;3.55%, 10/01/27 (Call 07/01/27) | 241 | 225615 |
| &nbsp;&nbsp;&nbsp;5.41%, 07/01/32 (Call 04/01/32) | 180 | 183064 |
| Amphenol Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 03/01/25 (Call 02/01/25) | 202 | 191415 |
| &nbsp;&nbsp;&nbsp;2.20%, 09/15/31 (Call 06/15/31) | 475 | 392526 |
| &nbsp;&nbsp;&nbsp;2.80%, 02/15/30 (Call 11/15/29) | 705 | 625152 |
| &nbsp;&nbsp;&nbsp;3.20%, 04/01/24 (Call 02/01/24) | 455 | 446633 |
| &nbsp;&nbsp;&nbsp;4.35%, 06/01/29 (Call 03/01/29) | 473 | 465659 |
| Arrow Electronics Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 02/15/32 (Call 11/15/31) | 400 | 332684 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/08/24 (Call 07/08/24) | 532 | 515253 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/12/28 (Call 10/12/27) | 338 | 318393 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/25 (Call 01/01/25) | 274 | 267824 |
| Atkore Inc., 4.25%, 06/01/31 (Call 06/01/26)<sup>(b)</sup> | 243 | 213609 |
| Avnet Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/31 (Call 02/15/31) | 405 | 331505 |
| &nbsp;&nbsp;&nbsp;4.63%, 04/15/26 (Call 01/15/26) | 781 | 764630 |
| &nbsp;&nbsp;&nbsp;5.50%, 06/01/32 (Call 03/01/32) | 160 | 157525 |
| Competition Team Technologies Ltd., 4.25%, 03/12/29<sup>(d)</sup> | 800 | 767568 |
| Flex Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 02/01/26 (Call 01/01/26) | 505 | 488582 |
| &nbsp;&nbsp;&nbsp;4.75%, 06/15/25 (Call 03/15/25) | 192 | 190285 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/15/29 (Call 03/15/29) | 876 | 862659 |
| &nbsp;&nbsp;&nbsp;4.88%, 05/12/30 (Call 02/12/30) | 438 | 429336 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/15/28 (Call 12/15/27) | 280 | 290332 |
| Fortive Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 06/15/26 (Call 03/15/26) | 1023 | 972883 |
| &nbsp;&nbsp;&nbsp;4.30%, 06/15/46 (Call 12/15/45) | 452 | 376471 |
| Foxconn Far East Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 10/28/25<sup>(d)</sup> | 800 | 725512 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/28/30<sup>(d)</sup> | 400 | 337852 |
| Honeywell International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.10%, 03/01/27 (Call 02/01/27) | 710 | 630217 |
| &nbsp;&nbsp;&nbsp;1.35%, 06/01/25 (Call 05/01/25) | 1286 | 1200147 |
| &nbsp;&nbsp;&nbsp;1.75%, 09/01/31 (Call 06/01/31) | 505 | 413984 |
| &nbsp;&nbsp;&nbsp;1.95%, 06/01/30 (Call 03/01/30) | 790 | 674225 |
| &nbsp;&nbsp;&nbsp;2.30%, 08/15/24 (Call 07/15/24) | 722 | 698001 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/01/26 (Call 08/01/26) | 1163 | 1095779 |
| &nbsp;&nbsp;&nbsp;2.70%, 08/15/29 (Call 05/15/29) | 485 | 440715 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.80%, 06/01/50 (Call 12/01/49)<sup>(c)</sup> | 701 | 542069 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electronics (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.81%, 11/21/47 (Call 05/21/47) | $569 | $507639 |
| &nbsp;&nbsp;&nbsp;4.85%, 11/01/24 | 100 | 100780 |
| &nbsp;&nbsp;&nbsp;4.95%, 02/15/28 (Call 01/15/28) | 400 | 415532 |
| &nbsp;&nbsp;&nbsp;5.00%, 02/15/33 (Call 11/15/32) | 500 | 526570 |
| &nbsp;&nbsp;&nbsp;5.38%, 03/01/41 | 100 | 108807 |
| &nbsp;&nbsp;&nbsp;5.70%, 03/15/36 | 169 | 187017 |
| &nbsp;&nbsp;&nbsp;5.70%, 03/15/37 | 247 | 273049 |
| Hubbell Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 03/15/31 (Call 12/15/30) | 5 | 4131 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/15/28 (Call 11/15/27) | 260 | 246397 |
| II-VI Inc., 5.00%, 12/15/29 (Call 12/15/24)<sup>(b)</sup> | 695 | 635432 |
| Imola Merger Corp., 4.75%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 1401 | 1219360 |
| Jabil Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 04/15/26 (Call 03/15/26) | 610 | 551068 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/31 (Call 10/15/30) | 701 | 602881 |
| &nbsp;&nbsp;&nbsp;3.60%, 01/15/30 (Call 10/15/29) | 492 | 444310 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/12/28 (Call 10/12/27) | 527 | 502853 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/15/27 (Call 04/15/27) | 435 | 422559 |
| Keysight Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 10/30/29 (Call 07/30/29) | 1263 | 1129375 |
| &nbsp;&nbsp;&nbsp;4.55%, 10/30/24 (Call 07/30/24) | 181 | 180135 |
| &nbsp;&nbsp;&nbsp;4.60%, 04/06/27 (Call 01/06/27) | 708 | 709289 |
| Legrand France SA, 8.50%, 02/15/25. | 5 | 5403 |
| Likewize Corp., 9.75%, 10/15/25 (Call 10/15/23)<sup>(b)</sup> | 245 | 231353 |
| Sensata Technologies BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 03/18/24)<sup>(b)</sup> | 630 | 565456 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/25<sup>(b)</sup> | 461 | 455832 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 11/01/24<sup>(b)</sup> | 365 | 366223 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/01/30 (Call 09/01/25)<sup>(b)</sup> | 320 | 313974 |
| Sensata Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 520 | 443893 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/15/30 (Call 11/15/29)<sup>(b)</sup> | 340 | 307795 |
| TD SYNNEX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 08/09/24 (Call 02/13/23) | 220 | 206413 |
| &nbsp;&nbsp;&nbsp;1.75%, 08/09/26 (Call 07/09/26) | 790 | 688667 |
| &nbsp;&nbsp;&nbsp;2.38%, 08/09/28 (Call 06/09/28) | 710 | 592949 |
| &nbsp;&nbsp;&nbsp;2.65%, 08/09/31 (Call 05/09/31) | 485 | 385997 |
| Trimble Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 12/01/24 (Call 09/01/24) | 544 | 540741 |
| &nbsp;&nbsp;&nbsp;4.90%, 06/15/28 (Call 03/15/28) | 181 | 178327 |
| TTM Technologies Inc., 4.00%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 315 | 275200 |
| Tyco Electronics Group SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/04/32 (Call 11/04/31)<sup>(c)</sup> | 95 | 81575 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/15/27 (Call 05/15/27) | 355 | 334318 |
| &nbsp;&nbsp;&nbsp;3.45%, 08/01/24 (Call 05/01/24) | 25 | 24540 |
| &nbsp;&nbsp;&nbsp;3.70%, 02/15/26 (Call 11/15/25) | 140 | 137357 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/13/26 | 350 | 350402 |
| &nbsp;&nbsp;&nbsp;7.13%, 10/01/37 | 344 | 412862 |
| Vontier Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 04/01/26 (Call 03/01/26) | 1178 | 1024636 |
| &nbsp;&nbsp;&nbsp;2.40%, 04/01/28 (Call 02/01/28) | 849 | 700807 |
| &nbsp;&nbsp;&nbsp;2.95%, 04/01/31 (Call 01/01/31) | 653 | 507401 |
|  |  | 36662401 |
| **Energy - Alternate Sources — 0.0%** |  |  |
| Adani Green Energy UP Ltd./Prayatna Developers Pvt Ltd./Parampujya Solar Energy, 6.25%, 12/10/24<sup>(d)</sup> | 400 | 371072 |
| Aydem Yenilenebilir Enerji AS, 7.75%, 02/02/27 (Call 02/02/24)<sup>(d)</sup> | 400 | 338792 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Energy - Alternate Sources (continued)** |  |  |
| Contemporary Ruiding Development Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 09/09/26<sup>(d)</sup> | $800 | $699992 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 09/17/25 (Call 08/17/25)<sup>(d)</sup> | 800 | 731968 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 09/17/30 (Call 06/17/30)<sup>(d)</sup> | 200 | 169172 |
| Continuum Energy Levanter Pte Ltd., 4.50%, 02/09/27 (Call 02/09/24)<sup>(b)</sup> | 387 | 350885 |
| Enviva Partners LP/Enviva Partners Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/15/26 (Call 11/15/23)<sup>(b)</sup> | 535 | 501012 |
| Greenko Dutch BV, 3.85%, 03/29/26 (Call 03/29/23)<sup>(d)</sup> | 764 | 683444 |
| Greenko Power II Ltd., 4.30%, 12/13/28 (Call 12/14/24)<sup>(d)</sup> | 573 | 494860 |
| Greenko Solar Mauritius Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.55%, 01/29/25<sup>(d)</sup> | 600 | 576222 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 07/29/26 (Call 07/29/23)<sup>(d)</sup> | 200 | 187294 |
| Greenko Wind Projects Mauritius Ltd., 5.50%, 04/06/25 (Call 04/06/24)<sup>(d)</sup> | 600 | 567468 |
| MSU Energy SA/UGEN SA/UENSA SA, 6.88%, 02/01/25 (Call 03/02/23)<sup>(d)</sup> | 400 | 307124 |
| SK Battery America Inc., 2.13%, 01/26/26<sup>(d)</sup> | 600 | 525108 |
| Sunnova Energy Corp., 5.88%, 09/01/26 (Call 09/01/23)<sup>(b)(c)</sup> | 280 | 252014 |
| Sweihan PV Power Co. PJSC, 3.63%, 01/31/49<sup>(d)</sup> | 390 | 325927 |
| TerraForm Power Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | 465 | 420104 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/31/28 (Call 07/31/27)<sup>(b)</sup> | 485 | 455876 |
| &nbsp;&nbsp;&nbsp;Topaz Solar Farms LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/30/39<sup>(b)</sup> | 96 | 84717 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/30/39<sup>(b)</sup> | 398 | 381986 |
| Vena Energy Capital Pte Ltd., 3.13%, 02/26/25<sup>(d)</sup> | 200 | 185672 |
|  |  | 8610709 |
| **Engineering & Construction — 0.1%** |  |  |
| AECOM, 5.13%, 03/15/27 (Call 12/15/26) | 617 | 606196 |
| Aeropuerto Internacional de Tocumen SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/11/41 (Call 08/11/40)<sup>(d)</sup> | 400 | 332164 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 08/11/61 (Call 08/11/60)<sup>(d)</sup> | 1000 | 811830 |
| America Movil SAB de CV, 5.38%, 04/04/32 (Call 01/04/32)<sup>(d)</sup> | 45 | 42000 |
| Anhui Transportation Holding Group HK Ltd., 1.62%, 08/26/26<sup>(d)</sup> | 200 | 178202 |
| Arcosa Inc., 4.38%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 319 | 284854 |
| Artera Services LLC, 9.03%, 12/04/25 (Call 02/04/23)<sup>(b)</sup> | 721 | 616520 |
| BCEG Hongkong Co. Ltd., 2.22%, 07/02/26 (Call 06/02/26)<sup>(d)</sup> | 400 | 363184 |
| Bioceanico Sovereign Certificate Ltd.,0.00% 06/05/34<sup>(c)(d)(e)</sup> | 311 | 219462 |
| Brand Industrial Services Inc., 8.50%, 07/15/25 (Call 07/15/23)<sup>(b)(c)</sup> | 693 | 567047 |
| Brundage-Bone Concrete Pumping Holdings Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/01/26 (Call 02/01/23)<sup>(b)</sup> | 275 | 261896 |
| CCCI Treasure Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.43%, (Call 11/21/24)<sup>(a)(d)(f)</sup> | 200 | 193298 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.65%, (Call 11/21/26)<sup>(a)(d)(f)</sup> | 800 | 750720 |
| Cellnex Finance Co. SA, 3.88%, 07/07/41 (Call 04/07/41)<sup>(b)</sup> | 385 | 285770 |
| Chengdu Economic & Technological Investment Group Co. Ltd., 5.30%, 12/07/24<sup>(d)</sup> | 200 | 195170 |
| China Railway Xunjie Co. Ltd., 3.25%, 07/28/26<sup>(d)</sup> | 600 | 573216 |
| China State Construction Finance Cayman III Ltd., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, (Call 12/03/24)<sup>(a)(d)(f)</sup> | 400 | 390140 |
| Chouzhou International Investment Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/18/25<sup>(d)</sup> | 400 | 380112 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Engineering & Construction (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.10%, 10/20/25<sup>(d)</sup> | $200 | $188642 |
| CSCEC Finance Cayman II Ltd., 3.50%, 07/05/27<sup>(d)</sup> | 200 | 190146 |
| Delhi International Airport Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 10/31/26<sup>(d)</sup> | 400 | 388168 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.45%, 06/04/29<sup>(d)</sup> | 400 | 378104 |
| Dianjian Haiyu Ltd., 3.45%, (Call 09/29/25)<sup>(a)(d)(f)</sup> | 200 | 190856 |
| Dycom Industries Inc., 4.50%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 335 | 299614 |
| Fluor Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 12/15/24 (Call 09/15/24) | 318 | 310009 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 09/15/28 (Call 06/15/28)<sup>(c)</sup> | 404 | 376952 |
| Global Infrastructure Solutions Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 270 | 222121 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/15/32 (Call 04/15/27)<sup>(b)</sup> | 205 | 174734 |
| Great Lakes Dredge & Dock Corp., 5.25%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 225 | 189702 |
| Hongkong International Qingdao Co. Ltd., 4.00%, 10/08/24<sup>(d)</sup> | 400 | 375732 |
| HTA Group Ltd./Mauritius, 7.00%, 12/18/25 (Call 03/02/23)<sup>(d)</sup> | 600 | 564114 |
| IHS Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 11/29/26 (Call 11/29/23)<sup>(d)</sup> | 200 | 169256 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 11/29/28 (Call 11/29/24)<sup>(d)</sup> | 400 | 326576 |
| IHS Netherlands Holdco BV, 8.00%, 09/18/27 (Call 03/02/23)<sup>(d)</sup> | 600 | 540930 |
| INNOVATE Corp., 8.50%, 02/01/26 (Call 02/01/23)<sup>(b)</sup> | 225 | 169526 |
| Jinan Urban Construction International Investment Co. Ltd., 2.40%, 09/23/26<sup>(d)</sup> | 200 | 172780 |
| LBJ Infrastructure Group LLC, 3.80%, 12/31/57 (Call 06/30/57)<sup>(b)</sup> | 195 | 134066 |
| MasTec Inc., 4.50%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 620 | 574319 |
| Mexico City Airport Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/30/28 (Call 01/30/28)<sup>(d)</sup> | 400 | 382864 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 10/31/26 (Call 07/31/26)<sup>(d)</sup> | 400 | 388392 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 10/31/46 (Call 04/30/46)<sup>(d)</sup> | 600 | 488016 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/31/47 (Call 01/31/47)<sup>(d)</sup> | 1600 | 1300704 |
| Powerchina Roadbridge Group British Virgin Islands Ltd., 3.08%, (Call 04/01/26)<sup>(a)(d)(f)</sup> | 800 | 751512 |
| Promontoria Holding 264 BV, 7.88%, 03/01/27 (Call 03/01/24)<sup>(b)(c)</sup> | 255 | 241141 |
| Railworks Holdings LP/Railworks Rally Inc., 8.25%, 11/15/28 (Call 11/15/24)<sup>(b)</sup> | 205 | 190164 |
| Sepco Virgin Ltd., 3.55%, (Call 10/25/24)<sup>(a)(d)(f)</sup> | 400 | 388344 |
| St Engineering Urban Solutions USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 05/05/27 (Call 02/05/27)<sup>(b)(c)</sup> | 600 | 577488 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/05/32 (Call 11/05/31)<sup>(b)</sup> | 200 | 186660 |
| Summit Digitel Infrastructure Pvt. Ltd., 2.88%, 08/12/31 (Call 08/12/30)<sup>(d)</sup> | 200 | 159472 |
| Sydney Airport Finance Co. Pty Ltd., 3.63%, 04/28/26 (Call 01/28/26)<sup>(b)</sup> | 15 | 14235 |
| TopBuild Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 275 | 234726 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/15/32 (Call 10/15/26)<sup>(b)</sup> | 355 | 301132 |
| Tutor Perini Corp., 6.88%, 05/01/25 (Call 05/01/23)<sup>(b)(c)</sup> | 325 | 289504 |
| Vinci SA, 3.75%, 04/10/29 (Call 01/30/29)<sup>(b)</sup> | 520 | 491213 |
| VM Consolidated Inc., 5.50%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 233 | 214651 |
| Weekley Homes LLC/Weekley Finance Corp., 4.88%, 09/15/28 (Call 09/15/23)<sup>(b)</sup> | 340 | 295807 |
| Xingcheng Bvi Ltd., 2.38%, 10/08/26<sup>(d)</sup> | 600 | 524904 |
| Yongda Investment Ltd., 2.25%, 06/16/25<sup>(d)</sup> | 200 | 186002 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Engineering & Construction (continued)** |  |  |
| Zhengzhou Urban Construction Investment Group Co. Ltd., 5.20%, 08/30/25 | $200 | $193856 |
|  |  | 20788915 |
| **Entertainment — 0.2%** |  |  |
| Affinity Gaming, 6.88%, 12/15/27 (Call 12/01/23)<sup>(b)</sup> | 395 | 353387 |
| Allen Media LLC/Allen Media Co-Issuer Inc., 10.50%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 455 | 186909 |
| AMC Entertainment Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 02/15/29 (Call 02/15/25)<sup>(b)</sup> | 710 | 416848 |
| &nbsp;&nbsp;&nbsp;10.00%, 06/15/26 (Call 06/15/23), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12.00% PIK)<sup>(b)(c)(h)</sup> | 930 | 468395 |
| Banijay Entertainment SASU, 5.38%, 03/01/25 (Call 03/01/23)<sup>(b)</sup> | 250 | 241178 |
| Boyne USA Inc., 4.75%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 405 | 367112 |
| Caesars Entertainment Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 10/15/29 (Call 10/15/24)<sup>(b)(c)</sup> | 895 | 764563 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 07/01/25 (Call 07/01/23)<sup>(b)</sup> | 2335 | 2326267 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 02/15/30 (Call 02/15/26)<sup>(b)</sup> | 459 | 467730 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 07/01/27 (Call 07/01/23)<sup>(b)(c)</sup> | 1260 | 1278900 |
| Caesars Resort Collection LLC/CRC Finco Inc., 5.75%, 07/01/25 (Call 07/01/23)<sup>(b)</sup> | 575 | 575345 |
| CCM Merger Inc., 6.38%, 05/01/26 (Call 11/01/23)<sup>(b)</sup> | 150 | 145095 |
| CDI Escrow Issuer Inc., 5.75%, 04/01/30 (Call 04/01/25)<sup>(b)</sup> | 995 | 943220 |
| Cedar Fair LP, 5.25%, 07/15/29 (Call 07/15/24) | 371 | 341309 |
| Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium Op |  |  |
| &nbsp;&nbsp;&nbsp;5.38%, 04/15/27 (Call 04/15/23) | 345 | 333850 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/01/25 (Call 05/01/23)<sup>(b)</sup> | 545 | 541239 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/01/28 (Call 10/01/23) | 215 | 209750 |
| Churchill Downs Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 460 | 430339 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/01/27 (Call 04/01/23)<sup>(b)</sup> | 465 | 451315 |
| Cinemark USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 07/15/28 (Call 07/15/24)<sup>(b)</sup> | 560 | 459228 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 255 | 229176 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 05/01/25 (Call 05/01/23)<sup>(b)</sup> | 341 | 349024 |
| Empire Resorts Inc., 7.75%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | 205 | 167413 |
| Everi Holdings Inc., 5.00%, 07/15/29 (Call 07/15/24)<sup>(b)</sup> | 215 | 194414 |
| Genm Capital Labuan Ltd., 3.88%, 04/19/31 (Call 01/19/31)<sup>(d)</sup> | 800 | 659568 |
| Golden Entertainment Inc., 7.63%, 04/15/26 (Call 04/15/23)<sup>(b)</sup> | 225 | 226364 |
| International Game Technology PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/15/26 (Call 04/15/23)<sup>(b)</sup> | 450 | 428301 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 650 | 623330 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/15/27 (Call 07/15/26)<sup>(b)</sup> | 495 | 497010 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/15/25 (Call 08/15/24)<sup>(b)</sup> | 435 | 439507 |
| Jacobs Entertainment Inc., 6.75%, 02/15/29 (Call 02/15/25)<sup>(b)</sup> | 425 | 396002 |
| Lions Gate Capital Holdings LLC, 5.50%, 04/15/29 (Call 03/23/24)<sup>(b)</sup> | 750 | 487132 |
| Live Nation Entertainment Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 360 | 321034 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 705 | 652090 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 11/01/24 (Call 03/03/23)<sup>(b)</sup> | 600 | 585408 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 390 | 378487 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 05/15/27 (Call 05/15/23)<sup>(b)</sup> | 657 | 660659 |
| Magallanes Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.43%, 03/15/24<sup>(b)</sup> | 1100 | 1076988 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.64%, 03/15/25<sup>(b)</sup> | 2045 | 1972137 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Entertainment (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.76%, 03/15/27 (Call 02/15/27)<sup>(b)</sup> | $2890 | $2707728 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.79%, 03/15/25 (Call 03/15/23)<sup>(b)</sup> | 190 | 183531 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.05%, 03/15/29 (Call 01/15/29)<sup>(b)</sup> | 760 | 697346 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.28%, 03/15/32 (Call 12/15/31)<sup>(b)</sup> | 2600 | 2312232 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.05%, 03/15/42 (Call 09/15/41)<sup>(b)</sup> | 2765 | 2360729 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.14%, 03/15/52 (Call 09/15/51)<sup>(b)</sup> | 3135 | 2604182 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.39%, 03/15/62 (Call 09/15/61)<sup>(b)</sup> | 1455 | 1211069 |
| Merlin Entertainments Ltd., 5.75%, 06/15/26 (Call 03/17/26)<sup>(b)</sup> | 435 | 414659 |
| Midwest Gaming Borrower LLC, 4.88%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 500 | 442095 |
| Mohegan Gaming & Entertainment |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 10/15/24 (Call 02/16/23)<sup>(b)</sup> | 350 | 349937 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 02/01/26 (Call 02/01/23)<sup>(b)</sup> | 775 | 734080 |
| Motion Bondco DAC, 6.63%, 11/15/27 (Call 11/15/23)<sup>(b)(c)</sup> | 250 | 226005 |
| Odeon Finco PLC, 12.75%, 11/01/27 (Call 11/01/24)<sup>(b)</sup> | 275 | 253492 |
| Penn Entertainment Inc., 5.63%, 01/15/27 (Call 01/15/24)<sup>(b)</sup> | 275 | 258437 |
| Penn National Gaming Inc., 4.13%, 07/01/29 (Call 07/01/24)<sup>(b)(c)</sup> | 235 | 194291 |
| Premier Entertainment Sub LLC/Premier Entertainment Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 09/01/29 (Call 09/01/24)<sup>(b)</sup> | 505 | 367074 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/01/31 (Call 09/01/26)<sup>(b)</sup> | 555 | 386979 |
| Raptor Acquisition Corp./Raptor Co-Issuer LLC, 4.88%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | 210 | 195329 |
| Resorts World Las Vegas LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/16/29 (Call 01/16/29)<sup>(d)</sup> | 800 | 655112 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/06/31 (Call 01/06/31)<sup>(b)</sup> | 220 | 169970 |
| Scientific Games Holdings LP/Scientific Games U.S. FinCo Inc., 6.63%, 03/01/30 (Call 03/01/25)<sup>(b)</sup> | 650 | 579507 |
| Scientific Games International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 05/15/28 (Call 05/15/23)<sup>(b)</sup> | 460 | 456168 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 310 | 310611 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.63%, 07/01/25 (Call 07/01/23)<sup>(b)</sup> | 330 | 338435 |
| SeaWorld Parks & Entertainment Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/15/29 (Call 08/15/24)<sup>(b)(c)</sup> | 465 | 422099 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 05/01/25 (Call 05/01/23)<sup>(b)(c)</sup> | 100 | 102647 |
| Six Flags Entertainment Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/31/24 (Call 03/03/23)<sup>(b)</sup> | 630 | 616537 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/27 (Call 04/15/23)<sup>(b)(c)</sup> | 280 | 264272 |
| Six Flags Theme Parks Inc., 7.00%, 07/01/25 (Call 07/01/23)<sup>(b)</sup> | 196 | 198609 |
| Speedway Motorsports LLC/Speedway Funding II Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 11/01/27 (Call 11/01/23)<sup>(b)</sup> | 210 | 197169 |
| Universal Entertainment Corp., 8.50%, 12/11/24 (Call 12/11/23)<sup>(b)</sup> | 500 | 469320 |
| Vail Resorts Inc., 6.25%, 05/15/25 (Call 03/03/23)<sup>(b)</sup> | 352 | 353954 |
| WMG Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 685 | 567207 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 300 | 262737 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/15/30 (Call 07/15/25)<sup>(b)</sup> | 370 | 326040 |
| Wynn Resorts Finance LLC/Wynn Resorts |  |  |
| &nbsp;&nbsp;&nbsp;Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 10/01/29 (Call 07/01/29)<sup>(b)</sup> | 520 | 463991 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 485 | 486644 |
|  |  | 44786247 |
| **Environmental Control — 0.1%** |  |  |
| Clean Harbors Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 355 | 342447 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 07/15/29 (Call 07/15/24)<sup>(b)</sup> | 160 | 153941 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Environmental Control (continued)** |  |  |
| 6.38%, 02/01/31 (Call 02/01/26)<sup>(b)</sup> | $50 | $50934 |
| Covanta Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 495 | 432590 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/01/30 (Call 09/01/25) | 300 | 256077 |
| FS Luxembourg Sarl, 10.00%, 12/15/25 (Call 12/15/23)<sup>(d)</sup> | 400 | 404420 |
| GFL Environmental Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/28 (Call 03/01/28)<sup>(b)</sup> | 600 | 534426 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 08/01/25 (Call 08/01/23)<sup>(b)</sup> | 450 | 427946 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/28 (Call 08/01/23)<sup>(b)(c)</sup> | 540 | 479347 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/01/25 (Call 06/01/23)<sup>(b)</sup> | 321 | 310715 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 08/15/29 (Call 08/15/24)<sup>(b)</sup> | 485 | 430006 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/15/29 (Call 06/15/24)<sup>(b)(c)</sup> | 595 | 537803 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/15/26 (Call 12/15/23)<sup>(b)</sup> | 310 | 301658 |
| Harsco Corp., 5.75%, 07/31/27 (Call 07/31/23)<sup>(b)</sup> | 325 | 274859 |
| Madison IAQ LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/30/28 (Call 06/30/24)<sup>(b)</sup> | 515 | 453540 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/30/29 (Call 06/30/24)<sup>(b)</sup> | 695 | 558391 |
| Nature Conservancy (The), Series A, 3.96%, 03/01/52 (Call 09/01/51) | 125 | 106574 |
| Republic Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 11/15/25 (Call 10/15/25) | 783 | 705812 |
| &nbsp;&nbsp;&nbsp;1.45%, 02/15/31 (Call 11/15/30) | 720 | 576346 |
| &nbsp;&nbsp;&nbsp;1.75%, 02/15/32 (Call 11/15/31) | 765 | 616445 |
| &nbsp;&nbsp;&nbsp;2.30%, 03/01/30 (Call 12/01/29) | 634 | 549735 |
| &nbsp;&nbsp;&nbsp;2.38%, 03/15/33 (Call 12/15/32) | 900 | 748800 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/15/24 (Call 07/15/24) | 1240 | 1196513 |
| &nbsp;&nbsp;&nbsp;2.90%, 07/01/26 (Call 04/01/26) | 598 | 565798 |
| &nbsp;&nbsp;&nbsp;3.05%, 03/01/50 (Call 09/01/49) | 263 | 194439 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/15/25 (Call 12/15/24) | 315 | 304945 |
| &nbsp;&nbsp;&nbsp;3.38%, 11/15/27 (Call 08/15/27) | 643 | 613666 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/15/28 (Call 02/15/28) | 535 | 521839 |
| &nbsp;&nbsp;&nbsp;5.70%, 05/15/41 (Call 11/15/40) | 25 | 26858 |
| Stericycle Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/15/29 (Call 11/15/23)<sup>(b)</sup> | 305 | 271041 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 07/15/24 (Call 06/07/23)<sup>(b)</sup> | 400 | 396404 |
| Tervita Corp., 11.00%, 12/01/25 (Call 12/01/23)<sup>(b)</sup> | 222 | 240324 |
| Waste Connections Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 01/15/32 (Call 10/15/31) | 550 | 456571 |
| &nbsp;&nbsp;&nbsp;2.60%, 02/01/30 (Call 11/01/29) | 227 | 200461 |
| &nbsp;&nbsp;&nbsp;2.95%, 01/15/52 (Call 07/15/51) | 365 | 261617 |
| &nbsp;&nbsp;&nbsp;3.05%, 04/01/50 (Call 10/01/49) | 80 | 58739 |
| &nbsp;&nbsp;&nbsp;3.20%, 06/01/32 (Call 03/01/32) | 465 | 416756 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/29 (Call 02/01/29) | 1142 | 1072715 |
| &nbsp;&nbsp;&nbsp;4.20%, 01/15/33 (Call 10/15/32) | 200 | 194334 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/01/28 (Call 09/01/28) | 325 | 319878 |
| Waste Management Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 11/15/25 (Call 10/15/25) | 316 | 286688 |
| &nbsp;&nbsp;&nbsp;1.15%, 03/15/28 (Call 01/15/28) | 1088 | 929359 |
| &nbsp;&nbsp;&nbsp;1.50%, 03/15/31 (Call 12/15/30) | 610 | 494594 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/01/29 (Call 04/01/29) | 198 | 172460 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/15/50 (Call 05/15/50) | 173 | 116503 |
| &nbsp;&nbsp;&nbsp;2.95%, 06/01/41 (Call 12/01/40) | 570 | 450921 |
| &nbsp;&nbsp;&nbsp;3.13%, 03/01/25 (Call 12/01/24) | 127 | 123234 |
| &nbsp;&nbsp;&nbsp;3.15%, 11/15/27 (Call 08/15/27) | 822 | 784657 |
| &nbsp;&nbsp;&nbsp;4.15%, 04/15/32 (Call 01/15/32) | 710 | 698115 |
| &nbsp;&nbsp;&nbsp;4.15%, 07/15/49 (Call 01/15/49) | 579 | 534718 |
| Waste Pro USA Inc., 5.50%, 02/15/26 (Call 02/15/23)<sup>(b)</sup> | 340 | 316234 |
|  |  | 21473193 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Food — 0.6%** |  |  |
| Agrosuper SA, 4.60%, 01/20/32 (Call 10/20/31)<sup>(d)</sup> | $300 | $269346 |
| Ahold Finance USA LLC, 6.88%, 05/01/29 | 332 | 353776 |
| Albertsons Companies Inc./Safeway Inc./New Albertsons LP/Albertsons LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 03/15/26 (Call 09/15/23)<sup>(b)</sup> | 526 | 485729 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/15/29 (Call 09/15/23)<sup>(b)</sup> | 965 | 832361 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/15/27 (Call 01/15/24)<sup>(b)</sup> | 860 | 816329 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | 670 | 617566 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/15/28 (Call 08/15/23)<sup>(b)</sup> | 554 | 541685 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 304 | 312795 |
| Almarai Sukuk Ltd., 4.31%, 03/05/24<sup>(d)</sup> | 200 | 198134 |
| Alsea SAB de CV, 7.75%, 12/14/26 (Call 12/14/23)<sup>(c)(d)</sup> | 400 | 405812 |
| Aragvi Finance International SR, 8.45%, 04/29/26 (Call 04/29/24)<sup>(d)</sup> | 200 | 148276 |
| B&G Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 04/01/25 (Call 04/01/23) | 555 | 506604 |
| &nbsp;&nbsp;&nbsp;5.25%, 09/15/27 (Call 03/01/23) | 440 | 355678 |
| Bestfoods, Series E, 7.25%, 12/15/26 | 250 | 276600 |
| Bimbo Bakeries USA Inc., 4.00%, 05/17/51 (Call 11/17/50)<sup>(d)</sup> | 600 | 484596 |
| Blossom Joy Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.20%, 10/21/30 (Call 07/21/30)<sup>(d)</sup> | 800 | 670376 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.10%, (Call 07/21/25)<sup>(a)(d)(f)</sup> | 400 | 378088 |
| BRF SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/24/30 (Call 10/24/29)<sup>(d)</sup> | 200 | 169162 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/21/50 (Call 03/21/50)<sup>(d)</sup> | 620 | 435135 |
| C&S Group Enterprises LLC, 5.00%, 12/15/28 (Call 12/15/23)<sup>(b)</sup> | 264 | 203576 |
| Campbell Soup Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 04/24/30 (Call 01/24/30) | 195 | 167702 |
| &nbsp;&nbsp;&nbsp;3.13%, 04/24/50 (Call 10/24/49) | 323 | 237182 |
| &nbsp;&nbsp;&nbsp;3.30%, 03/19/25 (Call 12/19/24) | 100 | 96972 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/15/25 (Call 01/15/25) | 381 | 375338 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/15/28 (Call 12/15/27) | 480 | 471317 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/15/48 (Call 09/15/47) | 730 | 697960 |
| Cencosud SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 07/17/27 (Call 04/17/27)<sup>(d)</sup> | 600 | 579132 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.15%, 02/12/25 (Call 11/12/24)<sup>(c)(d)</sup> | 400 | 400464 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 02/12/45 (Call 08/12/44)<sup>(d)</sup> | 200 | 198878 |
| China Mengniu Dairy Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 06/17/25 (Call 05/17/25)<sup>(d)</sup> | 400 | 369320 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/17/30 (Call 03/17/30)<sup>(d)</sup> | 600 | 510732 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/18/24<sup>(d)</sup> | 400 | 387688 |
| China Modern Dairy Holdings Ltd., 2.13%, 07/14/26 (Call 06/14/26)<sup>(d)</sup> | 600 | 515988 |
| Chobani LLC/Chobani Finance Corp. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/28 (Call 11/15/23)<sup>(b)</sup> | 300 | 274683 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/15/25 (Call 04/15/23)<sup>(b)(c)</sup> | 490 | 480901 |
| CK Hutchison International 20 Ltd., 2.50%, 05/08/30 (Call 02/08/30)<sup>(b)</sup> | 855 | 740832 |
| CK Hutchison International 21 Ltd., 2.50%, 04/15/31 (Call 01/15/31)<sup>(b)</sup> | 680 | 582468 |
| Conagra Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 11/01/27 (Call 09/01/27) | 812 | 695088 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/01/24 (Call 04/01/24) | 796 | 787706 |
| &nbsp;&nbsp;&nbsp;4.60%, 11/01/25 (Call 09/01/25) | 801 | 795473 |
| &nbsp;&nbsp;&nbsp;4.85%, 11/01/28 (Call 08/01/28) | 685 | 685336 |
| &nbsp;&nbsp;&nbsp;5.30%, 11/01/38 (Call 05/01/38) | 601 | 604462 |
| &nbsp;&nbsp;&nbsp;5.40%, 11/01/48 (Call 05/01/48) | 867 | 855781 |
| &nbsp;&nbsp;&nbsp;7.00%, 10/01/28 | 227 | 247630 |
| &nbsp;&nbsp;&nbsp;8.25%, 09/15/30 | 375 | 440074 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Food (continued)** |  |  |
| Danone SA, 2.95%, 11/02/26 (Call 08/02/26)<sup>(b)</sup> | $670 | $634262 |
| FAGE International SA/FAGE USA Dairy Industry Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 08/15/26 (Call 08/15/23)<sup>(b)</sup> | 205 | 192598 |
| Flowers Foods Inc., 2.40%, 03/15/31 (Call 12/15/30) | 769 | 637786 |
| General Mills Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 10/14/31 (Call 07/14/31) | 520 | 434964 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/15/30 (Call 01/15/30) | 828 | 741549 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/51 (Call 08/01/50) | 888 | 665618 |
| &nbsp;&nbsp;&nbsp;3.20%, 02/10/27 (Call 11/10/26) | 422 | 408538 |
| &nbsp;&nbsp;&nbsp;3.65%, 02/15/24 (Call 11/15/23) | 288 | 284057 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/17/25 (Call 02/17/25) | 199 | 195985 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 02/15/43 (Call 08/15/42)<sup>(c)</sup> | 11 | 9937 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/17/28 (Call 01/17/28) | 982 | 970766 |
| &nbsp;&nbsp;&nbsp;4.70%, 04/17/48 (Call 10/17/47) | 75 | 72392 |
| &nbsp;&nbsp;&nbsp;5.40%, 06/15/40 | 295 | 310201 |
| Grupo Bimbo SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/27/24<sup>(d)</sup> | 600 | 591462 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/06/49 (Call 03/06/49)<sup>(d)</sup> | 400 | 325480 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 11/10/47 (Call 05/10/47)<sup>(d)</sup> | 400 | 358764 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/27/44<sup>(d)</sup> | 200 | 182770 |
| Hershey Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 06/01/25 (Call 05/01/25) | 350 | 322868 |
| &nbsp;&nbsp;&nbsp;1.70%, 06/01/30 (Call 03/01/30) | 175 | 146178 |
| &nbsp;&nbsp;&nbsp;2.05%, 11/15/24 (Call 10/15/24) | 505 | 484214 |
| &nbsp;&nbsp;&nbsp;2.30%, 08/15/26 (Call 05/15/26) | 883 | 822859 |
| &nbsp;&nbsp;&nbsp;2.45%, 11/15/29 (Call 08/15/29) | 249 | 222404 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/01/50 (Call 12/01/49) | 35 | 24847 |
| &nbsp;&nbsp;&nbsp;3.13%, 11/15/49 (Call 05/15/49) | 235 | 183436 |
| &nbsp;&nbsp;&nbsp;3.20%, 08/21/25 (Call 05/21/25) | 60 | 58181 |
| &nbsp;&nbsp;&nbsp;3.38%, 08/15/46 (Call 02/15/46) | 450 | 358366 |
| H-Food Holdings LLC/Hearthside Finance Co. Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 06/01/26 (Call 06/01/23)<sup>(b)</sup> | 234 | 160115 |
| Hormel Foods Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.65%, 06/03/24 (Call 03/03/23) | 110 | 104311 |
| &nbsp;&nbsp;&nbsp;1.70%, 06/03/28 (Call 04/03/28) | 327 | 290320 |
| &nbsp;&nbsp;&nbsp;1.80%, 06/11/30 (Call 03/11/30) | 480 | 405413 |
| &nbsp;&nbsp;&nbsp;3.05%, 06/03/51 (Call 12/03/50) | 821 | 619576 |
| Indofood CBP Sukses Makmur Tbk PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 06/09/31 (Call 12/09/30)<sup>(d)</sup> | 1000 | 858310 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.54%, 04/27/32 (Call 10/27/31)<sup>(d)</sup> | 400 | 339684 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/09/51 (Call 12/09/50)<sup>(d)</sup> | 400 | 313332 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.81%, 04/27/52 (Call 04/27/51)<sup>(d)</sup> | 200 | 156070 |
| Ingles Markets Inc., 4.00%, 06/15/31 (Call 06/15/26)<sup>(b)</sup> | 236 | 204690 |
| Ingredion Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 06/01/30 (Call 03/01/30) | 462 | 405553 |
| &nbsp;&nbsp;&nbsp;3.20%, 10/01/26 (Call 07/01/26) | 327 | 311412 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/01/50 (Call 12/01/49) | 380 | 296594 |
| JBS USA LUX SA/JBS USA Food Co./JBS USA |  |  |
| &nbsp;&nbsp;&nbsp;Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/15/27 (Call 12/15/26)<sup>(b)</sup> | 320 | 285427 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/02/29 (Call 12/02/28)<sup>(b)</sup> | 165 | 142209 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/15/32 (Call 02/15/32)<sup>(b)</sup> | 90 | 71505 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/15/32 (Call 01/15/27)<sup>(b)</sup> | 1196 | 999928 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/01/31 (Call 12/01/26)<sup>(b)</sup> | 668 | 566464 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/02/52 (Call 08/02/51)<sup>(b)</sup> | 825 | 633220 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/01/28 (Call 01/01/28)<sup>(b)</sup> | 1275 | 1249717 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/30 (Call 01/15/25)<sup>(b)(c)</sup> | 692 | 671717 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/01/33 (Call 01/01/33)<sup>(b)</sup> | 1200 | 1181076 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 12/01/52 (Call 06/01/52)<sup>(b)</sup> | 1235 | 1263714 |
| JGSH Philippines Ltd., 4.13%, 07/09/30<sup>(d)</sup> | 300 | 275550 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Food (continued)** |  |  |
| JM Smucker Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 03/15/32 (Call 12/15/31)<sup>(c)</sup> | $980 | $802140 |
| &nbsp;&nbsp;&nbsp;2.38%, 03/15/30 (Call 12/15/29) | 300 | 258180 |
| &nbsp;&nbsp;&nbsp;2.75%, 09/15/41 (Call 03/15/41) | 5 | 3676 |
| &nbsp;&nbsp;&nbsp;3.38%, 12/15/27 (Call 09/15/27) | 1089 | 1031316 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/25 | 1158 | 1125738 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/15/50 (Call 09/15/49) | 275 | 207793 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/15/35 | 275 | 261938 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/45 | 59 | 53140 |
| KeHE Distributors LLC/KeHE Finance Corp., 8.63%, 10/15/26 (Call 10/15/23)<sup>(b)(c)</sup> | 81 | 81219 |
| Kellogg Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.10%, 06/01/30 (Call 03/01/30) | 695 | 586837 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/01/26 | 452 | 436365 |
| &nbsp;&nbsp;&nbsp;3.40%, 11/15/27 (Call 08/15/27) | 360 | 344329 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/15/28 (Call 02/15/28) | 335 | 334116 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/46 | 290 | 269709 |
| &nbsp;&nbsp;&nbsp;Series B, 7.45%, 04/01/31 | 607 | 713480 |
| Koninklijke Ahold Delhaize NV, 5.70%, 10/01/40. | 330 | 345823 |
| Kraft Heinz Foods Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/26 (Call 03/01/26) | 1309 | 1246207 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/30 (Call 01/01/30) | 720 | 681646 |
| &nbsp;&nbsp;&nbsp;3.88%, 05/15/27 (Call 02/15/27) | 985 | 959420 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/01/31 (Call 12/01/30) | 462 | 445890 |
| &nbsp;&nbsp;&nbsp;4.38%, 06/01/46 (Call 12/01/45) | 2006 | 1752903 |
| &nbsp;&nbsp;&nbsp;4.63%, 01/30/29 (Call 10/30/28) | 522 | 524897 |
| &nbsp;&nbsp;&nbsp;4.63%, 10/01/39 (Call 04/01/39) | 275 | 252964 |
| &nbsp;&nbsp;&nbsp;4.88%, 10/01/49 (Call 04/01/49) | 1035 | 968346 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/15/35 (Call 01/15/35) | 505 | 506419 |
| &nbsp;&nbsp;&nbsp;5.00%, 06/04/42 | 820 | 789570 |
| &nbsp;&nbsp;&nbsp;5.20%, 07/15/45 (Call 01/15/45) | 1190 | 1162725 |
| &nbsp;&nbsp;&nbsp;5.50%, 06/01/50 (Call 12/01/49) | 605 | 616816 |
| &nbsp;&nbsp;&nbsp;6.50%, 02/09/40 | 485 | 535561 |
| &nbsp;&nbsp;&nbsp;6.75%, 03/15/32 | 250 | 279573 |
| &nbsp;&nbsp;&nbsp;6.88%, 01/26/39 | 460 | 523774 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 08/01/39<sup>(b)</sup> | 510 | 588474 |
| Kroger Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 01/15/31 (Call 10/15/30) | 555 | 444166 |
| &nbsp;&nbsp;&nbsp;2.20%, 05/01/30 (Call 02/01/30) | 615 | 516600 |
| &nbsp;&nbsp;&nbsp;2.65%, 10/15/26 (Call 07/15/26) | 890 | 832079 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/26 (Call 11/01/25) | 990 | 959755 |
| &nbsp;&nbsp;&nbsp;3.70%, 08/01/27 (Call 05/01/27) | 402 | 388806 |
| &nbsp;&nbsp;&nbsp;3.88%, 10/15/46 (Call 04/15/46) | 285 | 233290 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/15/50 (Call 07/15/49) | 567 | 473377 |
| &nbsp;&nbsp;&nbsp;4.45%, 02/01/47 (Call 08/01/46) | 582 | 523398 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/15/29 (Call 10/15/28) | 604 | 596202 |
| &nbsp;&nbsp;&nbsp;4.65%, 01/15/48 (Call 07/15/47) | 393 | 361831 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/15/42 (Call 10/15/41) | 225 | 216380 |
| &nbsp;&nbsp;&nbsp;5.15%, 08/01/43 (Call 02/01/43) | 346 | 338661 |
| &nbsp;&nbsp;&nbsp;5.40%, 07/15/40 (Call 01/15/40) | 633 | 637001 |
| &nbsp;&nbsp;&nbsp;5.40%, 01/15/49 (Call 07/15/48) | 295 | 300340 |
| &nbsp;&nbsp;&nbsp;6.90%, 04/15/38 | 289 | 331341 |
| &nbsp;&nbsp;&nbsp;7.50%, 04/01/31 | 65 | 75927 |
| Lamb Weston Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 01/31/30 (Call 01/31/25)<sup>(b)</sup> | 665 | 599484 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/31/32 (Call 01/31/27)<sup>(b)</sup> | 475 | 425073 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/28 (Call 11/15/27)<sup>(b)</sup> | 355 | 343427 |
| Land O'Lakes Capital Trust I, 7.45%, 03/15/28<sup>(b)(c)</sup> | 248 | 243634 |
| MARB BondCo PLC, 3.95%, 01/29/31 (Call 01/29/26)<sup>(d)</sup> | 1000 | 787220 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br>*(000)* | *Value* |
| **Food (continued)** |  |  |
| Mars Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 07/16/26 (Call 06/16/26)<sup>(b)</sup> | $602 | $531837 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 07/16/32 (Call 04/16/32)<sup>(b)</sup> | 390 | 307195 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 07/16/40 (Call 01/16/40)<sup>(b)</sup> | 610 | 447038 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 07/16/50 (Call 01/16/50)<sup>(b)</sup> | 655 | 420674 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 04/01/25 (Call 03/01/25)<sup>(b)</sup> | 976 | 937585 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 04/01/30 (Call 01/01/30)<sup>(b)</sup> | 144 | 132860 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 04/01/34 (Call 01/01/34)<sup>(b)</sup> | 602 | 549469 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/01/39 (Call 10/01/38)<sup>(b)</sup> | 475 | 425054 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/01/44 (Call 10/01/43)<sup>(b)</sup> | 545 | 475954 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/01/49 (Call 10/01/48)<sup>(b)</sup> | 565 | 496878 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/01/54 (Call 10/01/53)<sup>(b)</sup> | 465 | 406038 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 04/01/59 (Call 10/01/58)<sup>(b)</sup> | 357 | 308269 |
| McCormick & Co. Inc./MD |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 02/15/26 (Call 01/15/26) | 890 | 794592 |
| &nbsp;&nbsp;&nbsp;1.85%, 02/15/31 (Call 11/15/30) | 442 | 354064 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/15/30 (Call 01/15/30) | 170 | 145748 |
| &nbsp;&nbsp;&nbsp;3.15%, 08/15/24 (Call 06/15/24) | 1055 | 1027475 |
| &nbsp;&nbsp;&nbsp;3.40%, 08/15/27 (Call 05/15/27) | 863 | 821447 |
| &nbsp;&nbsp;&nbsp;4.20%, 08/15/47 (Call 02/15/47) | 160 | 137749 |
| Minerva Luxembourg SA, 4.38%, 03/18/31 (Call 03/18/26)<sup>(d)</sup> | 1000 | 847320 |
| Mondelez International Holdings Netherlands BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 09/24/24<sup>(b)</sup> | 1030 | 962092 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 09/24/26 (Call 08/24/26)<sup>(b)</sup> | 1005 | 888159 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 09/19/24 (Call 08/19/24)<sup>(b)</sup> | 650 | 623857 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 09/15/25<sup>(b)</sup> | 330 | 326462 |
| Mondelez International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 05/04/25 (Call 04/04/25) | 1331 | 1244418 |
| &nbsp;&nbsp;&nbsp;1.50%, 02/04/31 (Call 11/04/30) | 740 | 591919 |
| &nbsp;&nbsp;&nbsp;1.88%, 10/15/32 (Call 07/15/32) | 733 | 583710 |
| &nbsp;&nbsp;&nbsp;2.63%, 03/17/27 (Call 01/17/27) | 100 | 93095 |
| &nbsp;&nbsp;&nbsp;2.63%, 09/04/50 (Call 03/04/50) | 368 | 252393 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/13/30 (Call 01/13/30) | 908 | 808610 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/17/32 (Call 12/17/31) | 5 | 4437 |
| NBM U.S. Holdings Inc., 7.00%, 05/14/26 (Call 03/02/23)<sup>(d)</sup> | 800 | 798928 |
| Nestle Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.63%, 01/15/26 (Call 12/15/25)<sup>(b)</sup> | 670 | 601620 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 09/15/27 (Call 07/15/27)<sup>(b)</sup> | 440 | 382184 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 07/13/26 (Call 06/13/26)<sup>(d)</sup> | 200 | 180954 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.15%, 01/14/27 (Call 12/14/26)<sup>(b)</sup> | 720 | 640008 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 09/14/28 (Call 07/14/28)<sup>(b)(c)</sup> | 400 | 348968 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 09/14/31 (Call 06/14/31)<sup>(b)</sup> | 415 | 348264 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/14/41 (Call 03/14/41)<sup>(b)</sup> | 760 | 570616 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 09/14/51 (Call 03/14/51)<sup>(b)(c)</sup> | 300 | 211962 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/24/25 (Call 07/24/25)<sup>(b)</sup> | 200 | 196158 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 09/24/28 (Call 06/24/28)<sup>(b)</sup> | 725 | 708071 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 09/24/38 (Call 03/24/38)<sup>(b)</sup> | 600 | 563706 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/12/25<sup>(b)</sup> | 300 | 297057 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/24/48 (Call 03/24/48)<sup>(b)</sup> | 970 | 877840 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 10/01/27 (Call 09/01/27)<sup>(b)</sup> | 300 | 299706 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 10/01/29 (Call 08/01/29)<sup>(b)</sup> | 300 | 300837 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 10/01/32 (Call 07/01/32)<sup>(b)</sup> | 500 | 507750 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 01/15/53 (Call 07/15/52)<sup>(b)</sup> | 600 | 612618 |
| Performance Food Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 08/01/29 (Call 08/01/24)<sup>(b)</sup> | 660 | 588766 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 770 | 743088 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 05/01/25 (Call 05/01/23)<sup>(b)(c)</sup> | 143 | 144055 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Food (continued)** |  |  |
| Pilgrim's Pride Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/32 (Call 09/01/26)<sup>(b)</sup> | $645 | $525004 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/15/31 (Call 04/15/26)<sup>(b)</sup> | 633 | 549102 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/30/27 (Call 09/30/23)<sup>(b)</sup> | 1350 | 1338997 |
| Post Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/31 (Call 09/15/26)<sup>(b)</sup> | 955 | 823668 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/15/30 (Call 04/15/25)<sup>(b)</sup> | 1055 | 928432 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/15/29 (Call 12/15/24)<sup>(b)</sup> | 905 | 839695 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/15/28 (Call 12/01/23)<sup>(b)</sup> | 720 | 695477 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 03/01/27 (Call 03/01/23)<sup>(b)</sup> | 396 | 390472 |
| Safeway Inc., 7.25%, 02/01/31 | 160 | 162694 |
| SEG Holding LLC/SEG Finance Corp., 5.63%, 10/15/28 (Call 10/09/23)<sup>(b)</sup> | 190 | 180853 |
| Sigma Alimentos SA de CV, 4.13%, 05/02/26 (Call 02/02/26)<sup>(d)</sup> | 800 | 777208 |
| Sigma Finance Netherlands BV, 4.88%, 03/27/28 (Call 12/27/27)<sup>(d)</sup> | 200 | 196350 |
| Sigma Holdco BV, 7.88%, 05/15/26 (Call 05/15/23)<sup>(b)</sup> | 350 | 269476 |
| Simmons Foods Inc./Simmons Prepared Foods Inc./Simmons Pet Food Inc./Simmons Feed, 4.63%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 555 | 470945 |
| Smithfield Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 09/13/31 (Call 06/13/31)<sup>(b)</sup> | 530 | 395507 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 10/15/30 (Call 07/15/30)<sup>(b)</sup> | 578 | 455608 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/01/27 (Call 11/01/26)<sup>(b)</sup> | 756 | 706943 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.20%, 04/01/29 (Call 01/01/29)<sup>(b)</sup> | 849 | 792822 |
| Sysco Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.40%, 02/15/30 (Call 11/15/29) | 45 | 39012 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 12/14/31 (Call 09/14/31) | 500 | 419085 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 12/14/51 (Call 06/14/51) | 280 | 201751 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 07/15/27 (Call 04/15/27) | 778 | 735591 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 07/15/26 (Call 04/15/26) | 755 | 725434 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 02/15/50 (Call 08/15/49) | 165 | 122044 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/01/25 (Call 07/01/25) | 389 | 379481 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 03/15/48 (Call 09/15/47) | 445 | 393901 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/46 (Call 10/01/45) | 585 | 522393 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 10/01/45 (Call 04/01/45) | 430 | 402725 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 09/21/35 | 235 | 240010 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 04/01/30 (Call 01/01/30) | 635 | 681152 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.60%, 04/01/40 (Call 10/01/39) | 125 | 139815 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.60%, 04/01/50 (Call 10/01/49) | 907 | 1052029 |
| Tesco PLC, 6.15%, 11/15/37<sup>(b)</sup> | 583 | 588731 |
| Tingyi Cayman Islands Holding Corp., 1.63%, 09/24/25<sup>(d)</sup> | 600 | 543570 |
| TreeHouse Foods Inc., 4.00%, 09/01/28 (Call 09/01/23) | 340 | 287371 |
| Tyson Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.55%, 06/02/27 (Call 03/02/27) | 904 | 866864 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 08/15/24 (Call 05/15/24) | 1254 | 1238375 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/01/26 (Call 01/01/26) | 520 | 511675 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 03/01/29 (Call 12/01/28) | 813 | 798846 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.55%, 06/02/47 (Call 12/02/46) | 652 | 592909 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 08/15/34 (Call 02/15/34) | 589 | 595467 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.10%, 09/28/48 (Call 03/28/48) | 996 | 982554 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.15%, 08/15/44 (Call 02/15/44) | 180 | 178882 |
| U.S. Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/01/30 (Call 06/01/25)<sup>(b)</sup> | 330 | 297116 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 590 | 540711 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 664 | 664863 |
| Ulker Biskuvi Sanayi AS, 6.95%, 10/30/25<sup>(d)</sup> | 600 | 536004 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Food (continued)** |  |  |
| United Natural Foods Inc., 6.75%, 10/15/28 (Call 10/15/23)<sup>(b)</sup> | $340 | $328284 |
| Walmart Inc., 3.90%, 09/09/25 | 405 | 403105 |
|  |  | 122804653 |
| **Food Service — 0.0%** |  |  |
| Aramark Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/01/25 (Call 04/01/23)<sup>(b)</sup> | 473 | 466146 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 751 | 708508 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 05/01/25 (Call 05/01/23)<sup>(b)</sup> | 895 | 894928 |
| TKC Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 05/15/28 (Call 05/15/24)<sup>(b)</sup> | 335 | 273940 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.50%, 05/15/29 (Call 05/15/24)<sup>(b)(c)</sup> | 465 | 283060 |
|  |  | 2626582 |
| **Forest Products & Paper — 0.1%** |  |  |
| Ahlstrom-Munksjo Holding 3 Oy, 4.88%, 02/04/28 (Call 02/04/24)<sup>(b)</sup> | 290 | 248437 |
| Celulosa Arauco y Constitucion SA |  |  |
| &nbsp;&nbsp;&nbsp;3.88%, 11/02/27 (Call 08/02/27) | 567 | 535242 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 01/29/30 (Call 10/29/29)<sup>(c)(d)</sup> | 200 | 187530 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/30/29 (Call 01/30/29)<sup>(d)</sup> | 400 | 379704 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/01/24 (Call 05/01/24) | 320 | 316118 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.15%, 01/29/50 (Call 07/29/49)<sup>(d)</sup> | 450 | 401809 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/02/47 (Call 05/02/47) | 285 | 258324 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/30/49 (Call 10/30/48)<sup>(d)</sup> | 200 | 182416 |
| Clearwater Paper Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 265 | 236658 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/25<sup>(b)(c)</sup> | 227 | 221659 |
| Domtar Corp., 6.75%, 10/01/28 (Call 10/01/24)<sup>(b)</sup> | 417 | 384220 |
| Fibria Overseas Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/14/25 (Call 11/14/24)<sup>(c)</sup> | 180 | 175973 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/17/27 | 1474 | 1485600 |
| Georgia-Pacific LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.63%, 05/15/24<sup>(b)</sup> | 730 | 692398 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.95%, 05/15/26 (Call 04/15/26)<sup>(b)</sup> | 612 | 545690 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 09/30/25 (Call 08/30/25)<sup>(b)</sup> | 726 | 672719 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.10%, 04/30/27 (Call 02/28/27)<sup>(b)(c)</sup> | 657 | 599539 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 04/30/30 (Call 01/30/30)<sup>(b)</sup> | 135 | 115812 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 03/01/25 (Call 12/01/24)<sup>(b)</sup> | 300 | 293490 |
| &nbsp;&nbsp;&nbsp;7.75%, 11/15/29 | 323 | 375891 |
| &nbsp;&nbsp;&nbsp;8.88%, 05/15/31 | 25 | 31546 |
| Glatfelter Corp., 4.75%, 11/15/29 (Call 11/01/24)<sup>(b)(c)</sup> | 325 | 227724 |
| International Paper Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.35%, 08/15/48 (Call 02/15/48) | 463 | 414890 |
| &nbsp;&nbsp;&nbsp;4.40%, 08/15/47 (Call 02/15/47) | 595 | 531216 |
| &nbsp;&nbsp;&nbsp;4.80%, 06/15/44 (Call 12/15/43) | 591 | 554843 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/15/35 (Call 03/15/35) | 250 | 247495 |
| &nbsp;&nbsp;&nbsp;5.15%, 05/15/46 (Call 11/15/45) | 25 | 24241 |
| &nbsp;&nbsp;&nbsp;6.00%, 11/15/41 (Call 05/15/41) | 347 | 371623 |
| Inversiones CMPC SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/06/31 (Call 01/06/31)<sup>(d)</sup> | 200 | 173764 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 01/13/30 (Call 10/13/29)<sup>(d)</sup> | 600 | 559338 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/04/27<sup>(d)</sup> | 400 | 390124 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/15/24 (Call 06/15/24)<sup>(d)</sup> | 200 | 198848 |
| Mercer International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.13%, 02/01/29 (Call 02/01/24) | 595 | 509112 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/15/26 (Call 03/03/23) | 260 | 250905 |
| Resolute Forest Products Inc., 4.88%, 03/01/26 (Call 03/01/23)<sup>(b)</sup> | 235 | 232920 |
| Stora Enso OYJ, 7.25%, 04/15/36<sup>(b)</sup> | 360 | 394186 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Forest Products & Paper (continued)** |  |  |
| Suzano Austria GmbH |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 09/15/28 (Call 07/15/28) | $390 | $333212 |
| &nbsp;&nbsp;&nbsp;3.13%, 01/15/32 (Call 10/15/31) | 625 | 497969 |
| &nbsp;&nbsp;&nbsp;3.75%, 01/15/31 (Call 10/15/30) | 525 | 450177 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/15/30 (Call 10/15/29) | 1198 | 1145875 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/14/26<sup>(d)</sup> | 400 | 404720 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/15/29 (Call 10/15/28) | 1133 | 1137385 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 03/16/47 (Call 09/16/46)<sup>(d)</sup> | 800 | 836984 |
| Sylvamo Corp., 7.00%, 09/01/29 (Call 09/01/24)<sup>(b)</sup> | 335 | 320930 |
| UPM-Kymmene OYJ, 7.45%, 11/26/27<sup>(b)(c)</sup> | 205 | 221306 |
|  |  | 18770562 |
| **Gas — 0.2%** |  |  |
| AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 05/20/25 (Call 02/20/25) | 625 | 608175 |
| &nbsp;&nbsp;&nbsp;5.63%, 05/20/24 (Call 03/20/24) | 476 | 468936 |
| &nbsp;&nbsp;&nbsp;5.75%, 05/20/27 (Call 02/20/27) | 365 | 343991 |
| &nbsp;&nbsp;&nbsp;5.88%, 08/20/26 (Call 05/20/26) | 550 | 531256 |
| APA Infrastructure Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 03/23/25 (Call 12/23/24)<sup>(b)</sup> | 684 | 667632 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/15/27 (Call 04/15/27)<sup>(b)</sup> | 85 | 81524 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/23/35 (Call 12/23/34)<sup>(b)</sup> | 65 | 61292 |
| Atmos Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 01/15/31 (Call 10/15/30) | 905 | 730670 |
| &nbsp;&nbsp;&nbsp;2.63%, 09/15/29 (Call 06/15/29) | 320 | 285462 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/15/27 (Call 03/15/27) | 75 | 71365 |
| &nbsp;&nbsp;&nbsp;3.38%, 09/15/49 (Call 03/15/49) | 621 | 486206 |
| &nbsp;&nbsp;&nbsp;4.13%, 10/15/44 (Call 04/15/44) | 488 | 429196 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/15/49 (Call 09/15/48) | 365 | 320339 |
| &nbsp;&nbsp;&nbsp;4.15%, 01/15/43 (Call 07/15/42) | 268 | 238791 |
| &nbsp;&nbsp;&nbsp;4.30%, 10/01/48 (Call 04/01/48) | 708 | 640719 |
| &nbsp;&nbsp;&nbsp;5.50%, 06/15/41 (Call 12/15/40) | 178 | 185458 |
| &nbsp;&nbsp;&nbsp;5.75%, 10/15/52 (Call 04/15/52) | 210 | 236036 |
| Beijing Gas Singapore Capital Corp., 1.88%, 01/18/25<sup>(d)</sup> | 200 | 187588 |
| Boston Gas Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 08/01/29 (Call 05/01/29)<sup>(b)</sup> | 360 | 320616 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 08/01/27 (Call 05/01/27)<sup>(b)</sup> | 605 | 558476 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.76%, 03/16/32 (Call 12/16/31)<sup>(b)</sup> | 130 | 118424 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.49%, 02/15/42<sup>(b)</sup> | 304 | 268730 |
| Brooklyn Union Gas Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.41%, 03/10/26 (Call 12/10/25)<sup>(b)</sup> | 485 | 457903 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.87%, 03/04/29 (Call 12/04/28)<sup>(b)</sup> | 370 | 341961 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.27%, 03/15/48 (Call 09/15/47)<sup>(b)</sup> | 640 | 513114 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.49%, 03/04/49 (Call 09/04/48)<sup>(b)(c)</sup> | 516 | 425478 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/10/46 (Call 09/10/45)<sup>(b)</sup> | 513 | 428960 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/05/27 (Call 07/05/27)<sup>(b)</sup> | 335 | 326243 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.87%, 08/05/32 (Call 05/05/32)<sup>(b)</sup> | 200 | 194342 |
| CenterPoint Energy Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 10/01/30 (Call 07/01/30) | 735 | 604927 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/28 (Call 01/01/28) | 325 | 317489 |
| &nbsp;&nbsp;&nbsp;4.10%, 09/01/47 (Call 03/01/47) | 401 | 347182 |
| &nbsp;&nbsp;&nbsp;4.40%, 07/01/32 (Call 04/01/32) | 270 | 268272 |
| &nbsp;&nbsp;&nbsp;5.85%, 01/15/41 (Call 07/15/40) | 135 | 144432 |
| Centrica PLC, 5.38%, 10/16/43 (Call 04/16/43)<sup>(b)</sup> | 400 | 376588 |
| East Ohio Gas Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.30%, 06/15/25 (Call 05/15/25)<sup>(b)</sup> | 1090 | 995530 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/15/30 (Call 03/15/30)<sup>(b)</sup> | 630 | 511686 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/15/50 (Call 12/15/49)<sup>(b)</sup> | 685 | 468273 |
| Eastern Energy Gas Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 12/15/24 (Call 09/15/24) | 259 | 253237 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Gas (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Series A, 2.50%, 11/15/24 (Call 10/15/24) | $532 | $512805 |
| ENN Clean Energy International Investment Ltd., 3.38%, 05/12/26 (Call 05/12/24)<sup>(d)</sup> | 1000 | 905300 |
| ENN Energy Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 09/17/30 (Call 06/17/30)<sup>(d)</sup> | 800 | 672392 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/17/27 (Call 04/17/27)<sup>(d)</sup> | 600 | 590424 |
| Grupo Energia Bogota SA ESP, 4.88%, 05/15/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/30)<sup>(d)</sup> | 200 | 183918 |
| KeySpan Gas East Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.74%, 08/15/26 (Call 05/15/26)<sup>(b)</sup> | 350 | 318595 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.59%, 01/18/52 (Call 07/18/51)<sup>(b)</sup> | 125 | 90995 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.82%, 04/01/41<sup>(b)</sup> | 545 | 555502 |
| Korea Gas Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 07/13/26<sup>(d)</sup> | 600 | 528978 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 07/13/31<sup>(d)</sup> | 400 | 326768 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 07/16/29<sup>(d)</sup> | 700 | 628887 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/21/25<sup>(d)</sup> | 625 | 603625 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/02/26<sup>(d)</sup> | 400 | 382564 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/12/24<sup>(d)</sup> | 400 | 396072 |
| Nakilat Inc., 6.07%, 12/31/33<sup>(b)(c)</sup> | 446 | 469759 |
| National Fuel Gas Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 03/01/31 (Call 12/01/30) | 615 | 499134 |
| &nbsp;&nbsp;&nbsp;3.95%, 09/15/27 (Call 06/15/27) | 397 | 375078 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/01/28 (Call 06/01/28) | 240 | 230506 |
| &nbsp;&nbsp;&nbsp;5.20%, 07/15/25 (Call 04/15/25) | 325 | 324477 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/15/26 (Call 12/15/25) | 661 | 663829 |
| NiSource Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.95%, 08/15/25 (Call 07/15/25) | 1107 | 1009816 |
| &nbsp;&nbsp;&nbsp;1.70%, 02/15/31 (Call 11/15/30) | 675 | 536875 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/01/29 (Call 06/01/29) | 695 | 622233 |
| &nbsp;&nbsp;&nbsp;3.49%, 05/15/27 (Call 02/15/27) | 792 | 760193 |
| &nbsp;&nbsp;&nbsp;3.60%, 05/01/30 (Call 02/01/30) | 860 | 796334 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/30/48 (Call 09/30/47) | 208 | 173801 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/15/47 (Call 11/15/46) | 817 | 735088 |
| &nbsp;&nbsp;&nbsp;4.80%, 02/15/44 (Call 08/15/43) | 485 | 461187 |
| &nbsp;&nbsp;&nbsp;5.00%, 06/15/52 (Call 12/15/51) | 350 | 341985 |
| &nbsp;&nbsp;&nbsp;5.25%, 02/15/43 (Call 08/15/42) | 140 | 140848 |
| &nbsp;&nbsp;&nbsp;5.65%, 02/01/45 (Call 08/01/44) | 555 | 581634 |
| &nbsp;&nbsp;&nbsp;5.95%, 06/15/41 (Call 12/15/40) | 371 | 397211 |
| ONE Gas Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.10%, 03/11/24 (Call 02/16/23) | 107 | 102588 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/15/30 (Call 02/15/30) | 85 | 71431 |
| &nbsp;&nbsp;&nbsp;3.61%, 02/01/24 (Call 11/01/23) | 253 | 249572 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/01/48 (Call 05/01/48) | 375 | 334950 |
| &nbsp;&nbsp;&nbsp;4.66%, 02/01/44 (Call 08/01/43) | 285 | 268005 |
| Perusahaan Gas Negara Tbk PT, 5.13%, 05/16/24<sup>(d)</sup> | 600 | 597510 |
| Piedmont Natural Gas Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 03/15/31 (Call 12/15/30) | 310 | 263736 |
| &nbsp;&nbsp;&nbsp;3.35%, 06/01/50 (Call 12/01/49) | 387 | 282614 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/29 (Call 03/01/29) | 524 | 495809 |
| &nbsp;&nbsp;&nbsp;3.64%, 11/01/46 (Call 05/01/46) | 174 | 133060 |
| &nbsp;&nbsp;&nbsp;4.65%, 08/01/43 (Call 02/01/43) | 105 | 96566 |
| &nbsp;&nbsp;&nbsp;5.05%, 05/15/52 (Call 11/15/51) | 210 | 202978 |
| Promigas SA ESP/Gases del Pacifico SAC, 3.75%, 10/16/29 (Call 07/16/29)<sup>(d)</sup> | 400 | 334020 |
| Sempra Global, 3.25%, 01/15/32 (Call 10/15/31)<sup>(b)</sup> | 580 | 483761 |
| SGSP Australia Assets Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 07/29/26<sup>(d)</sup> | 200 | 187934 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/07/27<sup>(d)</sup> | 200 | 186868 |
| Shaoxing City Investment Group Ltd., 2.50%, 08/19/26 (Call 05/19/26)<sup>(d)</sup> | 600 | 523938 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Gas (continued)** |  |  |
| Southern California Gas Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 04/15/27 (Call 03/15/27) | $530 | $501592 |
| &nbsp;&nbsp;&nbsp;3.15%, 09/15/24 (Call 06/15/24) | 15 | 14619 |
| &nbsp;&nbsp;&nbsp;3.20%, 06/15/25 (Call 03/15/25) | 300 | 289404 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/15/42 (Call 03/15/42) | 333 | 277859 |
| &nbsp;&nbsp;&nbsp;5.13%, 11/15/40 | 60 | 60098 |
| &nbsp;&nbsp;&nbsp;6.35%, 11/15/52 (Call 05/15/52) | 420 | 490904 |
| &nbsp;&nbsp;&nbsp;Series TT, 2.60%, 06/15/26 (Call 03/15/26) | 690 | 647689 |
| &nbsp;&nbsp;&nbsp;Series UU, 4.13%, 06/01/48 (Call 12/01/47) | 390 | 332920 |
| &nbsp;&nbsp;&nbsp;Series VV, 4.30%, 01/15/49 (Call 07/15/48) | 208 | 182516 |
| &nbsp;&nbsp;&nbsp;Series WW, 3.95%, 02/15/50 (Call 08/15/49) | 488 | 406670 |
| &nbsp;&nbsp;&nbsp;Series XX, 2.55%, 02/01/30 (Call 11/01/29) | 195 | 171019 |
| Southern Co. Gas Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 06/15/26 (Call 03/15/26) | 418 | 398500 |
| &nbsp;&nbsp;&nbsp;3.95%, 10/01/46 (Call 04/01/46) | 390 | 311212 |
| &nbsp;&nbsp;&nbsp;4.40%, 06/01/43 (Call 12/01/42) | 605 | 524112 |
| &nbsp;&nbsp;&nbsp;4.40%, 05/30/47 (Call 11/30/46) | 647 | 556433 |
| &nbsp;&nbsp;&nbsp;5.88%, 03/15/41 (Call 09/15/40) | 184 | 194633 |
| &nbsp;&nbsp;&nbsp;Series 2020-A, 1.75%, 01/15/31 (Call 10/15/30) | 500 | 401535 |
| &nbsp;&nbsp;&nbsp;Series 21A, 3.15%, 09/30/51 (Call 03/30/51) | 570 | 403212 |
| Southwest Gas Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 06/15/30 (Call 03/15/30) | 357 | 293579 |
| &nbsp;&nbsp;&nbsp;3.18%, 08/15/51 (Call 02/15/51) | 365 | 241871 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/01/28 (Call 01/01/28) | 220 | 206868 |
| &nbsp;&nbsp;&nbsp;3.80%, 09/29/46 (Call 03/29/46) | 205 | 154699 |
| &nbsp;&nbsp;&nbsp;4.05%, 03/15/32 (Call 12/15/31) | 320 | 294934 |
| &nbsp;&nbsp;&nbsp;4.15%, 06/01/49 (Call 12/01/48) | 348 | 272564 |
| &nbsp;&nbsp;&nbsp;5.80%, 12/01/27 (Call 11/01/27) | 390 | 408256 |
| Spire Missouri Inc., 3.30%, 06/01/51 (Call 12/01/50) | 65 | 48246 |
| Talent Yield International Ltd., 2.00%, 05/06/26 (Call 04/26/26)<sup>(d)</sup> | 400 | 365680 |
| Towngas Finance Ltd., 4.75%, (Call 02/12/24)<sup>(a)(d)(f)</sup> | 200 | 196634 |
| Washington Gas Light Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.65%, 09/15/49 (Call 03/15/49) | 283 | 219421 |
| &nbsp;&nbsp;&nbsp;Series K, 3.80%, 09/15/46 (Call 03/15/46) | 272 | 217260 |
| WGL Holdings Inc., 4.60%, 11/01/44 (Call 05/01/44) | 90 | 78326 |
|  |  | 44611917 |
| **Hand & Machine Tools — 0.0%** |  |  |
| Kennametal Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 03/01/31 (Call 12/01/30) | 150 | 121982 |
| &nbsp;&nbsp;&nbsp;4.63%, 06/15/28 (Call 03/15/28) | 358 | 346243 |
| Regal Rexnord Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.05%, 02/15/26 | 180 | 182702 |
| &nbsp;&nbsp;&nbsp;6.05%, 04/15/28 | 300 | 304146 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.30%, 02/15/30 (Call 12/15/29)<sup>(b)</sup> | 95 | 96723 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.40%, 04/15/33 (Call 01/15/33)<sup>(b)</sup> | 45 | 46083 |
| Snap-on Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.10%, 05/01/50 (Call 11/01/49)<sup>(c)</sup> | 110 | 84856 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/01/48 (Call 09/01/47) | 540 | 490563 |
| Stanley Black & Decker Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 03/15/30 (Call 12/15/29) | 232 | 196008 |
| &nbsp;&nbsp;&nbsp;2.75%, 11/15/50 (Call 05/15/50) | 600 | 389418 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 05/15/32 (Call 02/15/32)<sup>(c)</sup> | 495 | 428967 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/01/26 (Call 01/01/26) | 1106 | 1064658 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/60 (Call 03/15/25)<sup>(a)</sup> | 627 | 550512 |
| &nbsp;&nbsp;&nbsp;4.25%, 11/15/28 (Call 08/15/28) | 280 | 272818 |
| &nbsp;&nbsp;&nbsp;4.85%, 11/15/48 (Call 05/15/48) | 295 | 273978 |
| &nbsp;&nbsp;&nbsp;5.20%, 09/01/40 | 176 | 174618 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Hand & Machine Tools (continued)** |  |  |
| Werner FinCo LP/Werner FinCo Inc., 8.75%, 07/15/25 (Call 07/15/23)<sup>(b)(c)</sup> | $233 | $156569 |
|  |  | 5180844 |
| **Health Care - Products — 0.3%** |  |  |
| Abbott Laboratories |  |  |
| &nbsp;&nbsp;&nbsp;1.15%, 01/30/28 (Call 11/30/27) | 1040 | 904769 |
| &nbsp;&nbsp;&nbsp;1.40%, 06/30/30 (Call 03/30/30) | 258 | 213351 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/15/25 (Call 12/15/24) | 290 | 281720 |
| &nbsp;&nbsp;&nbsp;3.75%, 11/30/26 (Call 08/30/26) | 1848 | 1824530 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/15/25 (Call 06/15/25) | 655 | 648771 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/30/36 (Call 05/30/36) | 596 | 622951 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/15/43 (Call 10/15/42) | 845 | 863041 |
| &nbsp;&nbsp;&nbsp;4.90%, 11/30/46 (Call 05/30/46) | 1946 | 2031118 |
| &nbsp;&nbsp;&nbsp;5.30%, 05/27/40 | 418 | 453212 |
| &nbsp;&nbsp;&nbsp;6.00%, 04/01/39 | 710 | 819283 |
| &nbsp;&nbsp;&nbsp;6.15%, 11/30/37 | 573 | 672564 |
| Alcon Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.60%, 05/27/30 (Call 02/27/30)<sup>(b)</sup> | 380 | 331713 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/23/29 (Call 06/23/29)<sup>(b)</sup> | 1080 | 967853 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 09/23/49 (Call 03/23/49)<sup>(b)</sup> | 455 | 372463 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 12/06/32 (Call 09/06/32)<sup>(b)</sup> | 970 | 1016133 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 12/06/52 (Call 06/06/52)<sup>(b)</sup> | 225 | 242730 |
| Avantor Funding Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/01/29 (Call 11/01/24)<sup>(b)</sup> | 540 | 477473 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 07/15/28 (Call 07/15/23)<sup>(b)</sup> | 1016 | 957570 |
| Baxter International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.73%, 04/01/31 (Call 01/01/31) | 1025 | 806460 |
| &nbsp;&nbsp;&nbsp;1.92%, 02/01/27 (Call 01/01/27) | 1395 | 1259099 |
| &nbsp;&nbsp;&nbsp;2.27%, 12/01/28 (Call 10/01/28) | 1265 | 1104585 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.54%, 02/01/32 (Call 11/01/31)<sup>(c)</sup> | 700 | 573209 |
| &nbsp;&nbsp;&nbsp;2.60%, 08/15/26 (Call 05/15/26) | 595 | 554433 |
| &nbsp;&nbsp;&nbsp;3.13%, 12/01/51 (Call 06/01/51) | 375 | 257749 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/15/46 (Call 02/15/46) | 400 | 299468 |
| &nbsp;&nbsp;&nbsp;3.95%, 04/01/30 (Call 01/01/30) | 245 | 230626 |
| Boston Scientific Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 06/01/30 (Call 03/01/30) | 1325 | 1176096 |
| &nbsp;&nbsp;&nbsp;3.45%, 03/01/24 (Call 02/01/24) | 352 | 346812 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/28 (Call 12/01/27) | 10 | 9919 |
| &nbsp;&nbsp;&nbsp;4.55%, 03/01/39 (Call 09/01/38) | 426 | 405109 |
| &nbsp;&nbsp;&nbsp;4.70%, 03/01/49 (Call 09/01/48) | 481 | 463256 |
| &nbsp;&nbsp;&nbsp;6.75%, 11/15/35 | 55 | 63165 |
| &nbsp;&nbsp;&nbsp;7.38%, 01/15/40 | 295 | 358723 |
| Danaher Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.60%, 10/01/50 (Call 04/01/50) | 712 | 491337 |
| &nbsp;&nbsp;&nbsp;2.80%, 12/10/51 (Call 06/10/51) | 870 | 624808 |
| &nbsp;&nbsp;&nbsp;3.35%, 09/15/25 (Call 06/15/25) | 63 | 61250 |
| &nbsp;&nbsp;&nbsp;4.38%, 09/15/45 (Call 03/15/45) | 382 | 367209 |
| DENTSPLY SIRONA Inc., 3.25%, 06/01/30 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 03/01/30) | 125 | 110700 |
| DH Europe Finance II Sarl |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 11/15/24 (Call 10/15/24) | 770 | 739077 |
| &nbsp;&nbsp;&nbsp;2.60%, 11/15/29 (Call 08/15/29) | 862 | 774541 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/15/39 (Call 05/15/39) | 695 | 593259 |
| &nbsp;&nbsp;&nbsp;3.40%, 11/15/49 (Call 05/15/49) | 720 | 586325 |
| Edwards Lifesciences Corp., 4.30%, 06/15/28 (Call 03/15/28) | 920 | 903744 |
| Embecta Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/15/30 (Call 02/15/27)<sup>(b)(c)</sup> | 315 | 259406 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 02/15/30 (Call 02/15/27)<sup>(b)</sup> | 255 | 229523 |
| Garden Spinco Corp., 8.63%, 07/20/30 (Call 07/20/27)<sup>(b)</sup> | 220 | 236507 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Health Care - Products (continued)** |  |  |
| GE Healthcare Holding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.55%, 11/15/24<sup>(b)</sup> | $1640 | $1655039 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.60%, 11/15/25 (Call 10/15/25)<sup>(b)</sup> | 1545 | 1570570 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.65%, 11/15/27 (Call 10/15/27)<sup>(b)</sup> | 1955 | 2024148 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.86%, 03/15/30 (Call 01/15/30)<sup>(b)</sup> | 400 | 424296 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 11/22/52 (Call 05/22/52)<sup>(b)</sup> | 790 | 911644 |
| Hologic Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/15/29 (Call 09/28/23)<sup>(b)</sup> | 590 | 519507 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 246 | 235415 |
| Koninklijke Philips NV |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 03/15/42 | 565 | 530863 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/11/38 | 410 | 471963 |
| Medtronic Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/43 (Call 10/01/42) | 5 | 4627 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/35 | 1058 | 1052541 |
| &nbsp;&nbsp;&nbsp;4.63%, 03/15/45 | 1140 | 1146031 |
| Mozart Debt Merger Sub Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/01/29 (Call 10/01/24)<sup>(b)</sup> | 3115 | 2665319 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 1780 | 1493812 |
| Olympus Corp., 2.14%, 12/08/26 (Call 11/08/26)<sup>(b)</sup> | 200 | 180142 |
| PerkinElmer Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 09/15/28 (Call 07/15/28) | 505 | 431719 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/15/31 (Call 06/15/31) | 320 | 259213 |
| &nbsp;&nbsp;&nbsp;3.30%, 09/15/29 (Call 06/15/29) | 1000 | 899720 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/51 (Call 09/15/50) | 260 | 193076 |
| Smith & Nephew PLC, 2.03%, 10/14/30 (Call 07/14/30) | 1100 | 898238 |
| STERIS Irish FinCo UnLtd Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 03/15/31 (Call 12/15/30) | 312 | 267019 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/15/51 (Call 09/15/50) | 665 | 521353 |
| Stryker Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.15%, 06/15/25 (Call 05/15/25) | 370 | 341739 |
| &nbsp;&nbsp;&nbsp;1.95%, 06/15/30 (Call 03/15/30) | 902 | 761577 |
| &nbsp;&nbsp;&nbsp;2.90%, 06/15/50 (Call 12/15/49) | 156 | 112186 |
| &nbsp;&nbsp;&nbsp;3.38%, 05/15/24 (Call 02/15/24) | 458 | 449527 |
| &nbsp;&nbsp;&nbsp;3.38%, 11/01/25 (Call 08/01/25) | 946 | 916816 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/26 (Call 12/15/25) | 1327 | 1287256 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/07/28 (Call 12/07/27) | 483 | 466747 |
| &nbsp;&nbsp;&nbsp;4.10%, 04/01/43 (Call 10/01/42) | 529 | 462489 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/15/44 (Call 11/15/43) | 262 | 236020 |
| &nbsp;&nbsp;&nbsp;4.63%, 03/15/46 (Call 09/15/45) | 570 | 538570 |
| Teleflex Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/01/28 (Call 06/01/23)<sup>(b)</sup> | 355 | 327917 |
| &nbsp;&nbsp;&nbsp;4.63%, 11/15/27 (Call 11/15/23) | 440 | 420363 |
| Thermo Fisher Scientific Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.22%, 10/18/24 (Call 03/03/23) | 100 | 94444 |
| &nbsp;&nbsp;&nbsp;1.75%, 10/15/28 (Call 08/15/28) | 1060 | 923726 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/15/31 (Call 07/15/31) | 730 | 612068 |
| &nbsp;&nbsp;&nbsp;2.60%, 10/01/29 (Call 07/01/29) | 1233 | 1115803 |
| &nbsp;&nbsp;&nbsp;2.80%, 10/15/41 (Call 04/15/41) | 627 | 492295 |
| &nbsp;&nbsp;&nbsp;4.10%, 08/15/47 (Call 02/15/47) | 175 | 164260 |
| &nbsp;&nbsp;&nbsp;4.80%, 11/21/27 (Call 10/21/27) | 310 | 318339 |
| &nbsp;&nbsp;&nbsp;4.95%, 11/21/32 (Call 08/21/32) | 865 | 908138 |
| &nbsp;&nbsp;&nbsp;5.30%, 02/01/44 (Call 08/01/43) | 145 | 155260 |
| Varex Imaging Corp., 7.88%, 10/15/27 (Call 10/15/23)<sup>(b)(c)</sup> | 199 | 197780 |
| Zimmer Biomet Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 11/22/24 (Call 03/03/23) | 200 | 188744 |
| &nbsp;&nbsp;&nbsp;2.60%, 11/24/31 (Call 08/24/31) | 750 | 629145 |
| &nbsp;&nbsp;&nbsp;3.05%, 01/15/26 (Call 12/15/25) | 745 | 709389 |
| &nbsp;&nbsp;&nbsp;3.55%, 04/01/25 (Call 01/01/25) | 35 | 34076 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Health Care - Products (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.45%, 08/15/45 (Call 02/15/45) | $400 | $342164 |
| &nbsp;&nbsp;&nbsp;5.75%, 11/30/39 | 345 | 353273 |
|  |  | 59504006 |
| **Health Care - Services — 1.0%** |  |  |
| Acadia Healthcare Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/29 (Call 10/15/23)<sup>(b)</sup> | 320 | 299315 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 310 | 298496 |
| AdventHealth Obligated Group, Series E, 2.80%, 11/15/51 (Call 05/15/51) | 111 | 76023 |
| Adventist Health System, 5.43%, 03/01/32 | 200 | 204188 |
| Adventist Health System/West |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 03/01/29 (Call 12/01/28) | 164 | 144468 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/01/49 (Call 09/01/48) | 359 | 272223 |
| Advocate Health & Hospitals Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.39%, 10/15/49 (Call 04/15/49) | 198 | 153264 |
| &nbsp;&nbsp;&nbsp;3.83%, 08/15/28 (Call 05/15/28) | 242 | 232199 |
| &nbsp;&nbsp;&nbsp;4.27%, 08/15/48 (Call 02/15/48) | 575 | 523871 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.21%, 06/15/30 (Call 03/15/30) | 20 | 16904 |
| &nbsp;&nbsp;&nbsp;Series 2020, 3.01%, 06/15/50 (Call 12/15/49) | 222 | 159893 |
| Aetna Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/24 (Call 08/15/24) | 817 | 798495 |
| &nbsp;&nbsp;&nbsp;3.88%, 08/15/47 (Call 02/15/47) | 919 | 760656 |
| &nbsp;&nbsp;&nbsp;4.13%, 11/15/42 (Call 05/15/42) | 740 | 642068 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/42 (Call 11/15/41) | 385 | 354962 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/44 (Call 09/15/43) | 463 | 431183 |
| &nbsp;&nbsp;&nbsp;6.63%, 06/15/36 | 520 | 583440 |
| &nbsp;&nbsp;&nbsp;6.75%, 12/15/37 | 240 | 271608 |
| AHP Health Partners Inc., 5.75%, 07/15/29 (Call 07/15/24)<sup>(b)</sup> | 205 | 168496 |
| AHS Hospital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.02%, 07/01/45 | 75 | 77121 |
| &nbsp;&nbsp;&nbsp;Series 2021, 2.78%, 07/01/51 (Call 01/01/51) | 308 | 207121 |
| Air Methods Corp., 8.00%, 05/15/25 (Call 03/03/23)<sup>(b)</sup> | 310 | 14294 |
| Akumin Escrow Inc., 7.50%, 08/01/28 (Call 08/01/24)<sup>(b)</sup> | 265 | 180237 |
| Akumin Inc., 7.00%, 11/01/25 (Call 03/03/23)<sup>(b)</sup> | 320 | 248013 |
| Allina Health System |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 11/15/51 (Call 05/15/51) | 110 | 75351 |
| &nbsp;&nbsp;&nbsp;Series 2019, 3.89%, 04/15/49 | 491 | 417203 |
| Anthem Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.10%, 05/15/32 (Call 02/15/32) | 430 | 413329 |
| &nbsp;&nbsp;&nbsp;4.55%, 05/15/52 (Call 11/15/51) | 425 | 395471 |
| Ascension Health |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 11/15/46 | 890 | 782728 |
| &nbsp;&nbsp;&nbsp;4.85%, 11/15/53 | 585 | 602562 |
| &nbsp;&nbsp;&nbsp;Series B, 2.53%, 11/15/29 (Call 08/15/29) | 242 | 212987 |
| &nbsp;&nbsp;&nbsp;Series B, 3.11%, 11/15/39 (Call 05/15/39) | 94 | 76289 |
| Banner Health |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 01/01/31 (Call 07/01/30) | 230 | 188101 |
| &nbsp;&nbsp;&nbsp;2.34%, 01/01/30 (Call 10/01/29) | 380 | 325747 |
| &nbsp;&nbsp;&nbsp;2.91%, 01/01/42 (Call 07/01/41) | 129 | 99703 |
| &nbsp;&nbsp;&nbsp;2.91%, 01/01/51 (Call 07/01/50) | 458 | 320797 |
| &nbsp;&nbsp;&nbsp;Series 2020, 3.18%, 01/01/50 (Call 07/01/49) | 265 | 197059 |
| Baptist Health South Florida Obligated Group, Series 2021, 3.12%, 11/15/71 (Call 05/15/71) | 5 | 3144 |
| Baptist Healthcare System Obligated Group, Series 20B, 3.54%, 08/15/50 (Call 02/15/50) | 55 | 42632 |
| BayCare Health System Inc., Series 2020, 3.83%, 11/15/50 (Call 05/15/50) | 539 | 459891 |
| Baylor Scott & White Holdings |  |  |
| &nbsp;&nbsp;&nbsp;3.97%, 11/15/46 (Call 05/15/46) | 525 | 461601 |
| &nbsp;&nbsp;&nbsp;4.19%, 11/15/45 (Call 05/15/45) | 226 | 208026 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Health Care - Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Series 2021, 1.78%, 11/15/30 (Call 05/15/30) | $25 | $20246 |
| &nbsp;&nbsp;&nbsp;Series 2021, 2.84%, 11/15/50 (Call 11/15/49) | 728 | 519923 |
| Beth Israel Lahey Health Inc., Series L, 3.08%, 07/01/51 (Call 01/01/51) | 404 | 276764 |
| BHSH System Obligated Group, Series 19A, 3.49%, 07/15/49 (Call 01/15/49) | 415 | 330112 |
| Bon Secours Mercy Health Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.46%, 06/01/30 (Call 12/01/29) | 738 | 679189 |
| &nbsp;&nbsp;&nbsp;Series 20-2, 2.10%, 06/01/31 (Call 12/01/30) | 335 | 271069 |
| &nbsp;&nbsp;&nbsp;Series 20-2, 3.21%, 06/01/50 (Call 12/01/49) | 50 | 35712 |
| Cano Health LLC, 6.25%, 10/01/28 (Call 10/01/24)<sup>(b)(c)</sup> | 270 | 172120 |
| Catalent Pharma Solutions Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 460 | 381690 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/30 (Call 04/01/25)<sup>(b)</sup> | 340 | 280915 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 420 | 398958 |
| Catholic Health Services of Long Island Obligated |  |  |
| &nbsp;&nbsp;&nbsp;Group, Series 2020, 3.37%, 07/01/50 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 01/01/50) | 290 | 210670 |
| Centene Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 07/15/28 (Call 05/15/28) | 1530 | 1326785 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/01/31 (Call 12/01/30) | 1888 | 1545177 |
| &nbsp;&nbsp;&nbsp;2.63%, 08/01/31 (Call 05/01/31) | 1165 | 954508 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/15/30 (Call 07/15/30) | 1910 | 1632668 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/15/30 (Call 02/15/25) | 1850 | 1629073 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/15/27 (Call 12/15/23) | 2034 | 1953026 |
| &nbsp;&nbsp;&nbsp;4.63%, 12/15/29 (Call 12/15/24) | 2813 | 2671450 |
| Charles River Laboratories International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 320 | 285635 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/31 (Call 03/15/26)<sup>(b)</sup> | 350 | 309466 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/01/28 (Call 05/01/23)<sup>(b)</sup> | 305 | 282637 |
| Children's Health System of Texas, 2.51%, 08/15/50 (Call 02/15/50) | 174 | 111055 |
| Children's Hospital Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017, 4.12%, 01/01/47 (Call 07/01/46) | 90 | 81266 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.59%, 02/01/50 (Call 08/01/49) | 135 | 89512 |
| Children's Hospital Medical Center/Cincinnati OH, 4.27%, 05/15/44 | 245 | 228681 |
| Children's Hospital of Philadelphia (The), Series 2020, 2.70%, 07/01/50 (Call 01/01/50) | 195 | 132163 |
| Children's Hospital/DC, Series 2020, 2.93%, 07/15/50 (Call 01/15/50) | 233 | 160642 |
| CHRISTUS Health, Series C, 4.34%, 07/01/28 (Call 04/01/28) | 446 | 438810 |
| CHS/Community Health Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 780 | 599243 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/15/30 (Call 05/15/25)<sup>(b)</sup> | 1065 | 858369 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 03/15/27 (Call 12/15/23)<sup>(b)</sup> | 1290 | 1141727 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 635 | 557600 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 04/01/30 (Call 04/01/25)<sup>(b)</sup> | 900 | 544986 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 04/01/28 (Call 04/01/23)<sup>(b)(c)</sup> | 560 | 341818 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 04/15/29 (Call 04/15/24)<sup>(b)(c)</sup> | 1160 | 733294 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 1547 | 1501967 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 414 | 391462 |
| City of Hope |  |  |
| &nbsp;&nbsp;&nbsp;Series 2013, 5.62%, 11/15/43 | 175 | 180000 |
| &nbsp;&nbsp;&nbsp;Series 2018, 4.38%, 08/15/48 (Call 02/15/48) | 483 | 422722 |
| Cleveland Clinic Foundation (The), 4.86%, 01/01/2114 | 330 | 309193 |
| CommonSpirit Health |  |  |
| &nbsp;&nbsp;&nbsp;1.55%, 10/01/25 (Call 07/01/25) | 588 | 542853 |
| &nbsp;&nbsp;&nbsp;2.76%, 10/01/24 (Call 07/01/24) | 1011 | 977516 |
| &nbsp;&nbsp;&nbsp;2.78%, 10/01/30 (Call 04/01/30) | 368 | 313875 |
| &nbsp;&nbsp;&nbsp;3.35%, 10/01/29 (Call 04/01/29) | 457 | 410203 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Health Care - Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.82%, 10/01/49 (Call 04/01/49) | $550 | $446374 |
| &nbsp;&nbsp;&nbsp;3.91%, 10/01/50 (Call 04/01/50) | 480 | 384763 |
| &nbsp;&nbsp;&nbsp;4.19%, 10/01/49 (Call 04/01/49) | 637 | 533354 |
| &nbsp;&nbsp;&nbsp;4.35%, 11/01/42 | 853 | 756236 |
| &nbsp;&nbsp;&nbsp;6.07%, 11/01/27 (Call 08/01/27) | 50 | 52179 |
| Community Health Network Inc., Series 20-A, 3.10%, 05/01/50 (Call 11/01/49) | 640 | 437882 |
| Cottage Health Obligated Group, Series 2020, 3.30%, 11/01/49 (Call 05/01/49) | 374 | 286069 |
| Dartmouth-Hitchcock Health, Series B, 4.18%, 08/01/48 (Call 02/01/48) | 175 | 148414 |
| DaVita Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 1020 | 792938 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/01/30 (Call 06/01/25)<sup>(b)</sup> | 1916 | 1614173 |
| Dignity Health |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 11/01/42 | 400 | 355388 |
| &nbsp;&nbsp;&nbsp;5.27%, 11/01/64 | 288 | 278228 |
| Duke University Health System Inc., Series 2017, 3.92%, 06/01/47 (Call 12/01/46) | 488 | 428596 |
| Elevance Health Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 03/15/26 (Call 02/15/26) | 1005 | 916238 |
| &nbsp;&nbsp;&nbsp;2.25%, 05/15/30 (Call 02/15/30) | 719 | 614127 |
| &nbsp;&nbsp;&nbsp;2.38%, 01/15/25 (Call 12/15/24) | 1611 | 1539504 |
| &nbsp;&nbsp;&nbsp;2.55%, 03/15/31 (Call 12/15/30) | 710 | 613752 |
| &nbsp;&nbsp;&nbsp;2.88%, 09/15/29 (Call 06/15/29) | 768 | 693389 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/15/50 (Call 11/15/49) | 766 | 570839 |
| &nbsp;&nbsp;&nbsp;3.35%, 12/01/24 (Call 10/01/24) | 1304 | 1273943 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/15/24 (Call 05/15/24) | 927 | 907246 |
| &nbsp;&nbsp;&nbsp;3.60%, 03/15/51 (Call 09/15/50) | 850 | 685440 |
| &nbsp;&nbsp;&nbsp;3.65%, 12/01/27 (Call 09/01/27) | 1529 | 1475409 |
| &nbsp;&nbsp;&nbsp;3.70%, 09/15/49 (Call 03/15/49) | 560 | 453992 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/01/28 (Call 12/01/27) | 915 | 897697 |
| &nbsp;&nbsp;&nbsp;4.38%, 12/01/47 (Call 06/01/47) | 976 | 886862 |
| &nbsp;&nbsp;&nbsp;4.55%, 03/01/48 (Call 09/01/47) | 822 | 764633 |
| &nbsp;&nbsp;&nbsp;4.63%, 05/15/42 | 655 | 630457 |
| &nbsp;&nbsp;&nbsp;4.65%, 01/15/43 | 685 | 657531 |
| &nbsp;&nbsp;&nbsp;4.65%, 08/15/44 (Call 02/15/44) | 530 | 501343 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/33 | 440 | 441584 |
| &nbsp;&nbsp;&nbsp;5.10%, 01/15/44 | 410 | 412210 |
| &nbsp;&nbsp;&nbsp;5.13%, 02/15/53 | 550 | 553047 |
| &nbsp;&nbsp;&nbsp;5.35%, 10/15/25 (Call 09/15/25) | 370 | 376031 |
| &nbsp;&nbsp;&nbsp;5.50%, 10/15/32 (Call 07/15/32) | 500 | 531815 |
| &nbsp;&nbsp;&nbsp;5.95%, 12/15/34 | 178 | 194892 |
| &nbsp;&nbsp;&nbsp;6.10%, 10/15/52 (Call 04/15/52) | 450 | 514525 |
| &nbsp;&nbsp;&nbsp;6.38%, 06/15/37 | 135 | 151447 |
| Encompass Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 02/01/28 (Call 02/01/23) | 504 | 470585 |
| &nbsp;&nbsp;&nbsp;4.63%, 04/01/31 (Call 03/30/26) | 285 | 251698 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/01/30 (Call 02/01/25) | 510 | 467435 |
| &nbsp;&nbsp;&nbsp;5.75%, 09/15/25 (Call 09/15/23) | 210 | 209070 |
| Envision Healthcare Corp., 8.75%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 100 | 26541 |
| Franciscan Missionaries of Our Lady Health System Inc., Series B, 3.91%, 07/01/49 (Call 01/01/49) | 98 | 78389 |
| Fred Hutchinson Cancer Center, 4.97%, 01/01/52 (Call 07/01/51) | 114 | 114340 |
| Fresenius Medical Care U.S. Finance II Inc., 4.75%, 10/15/24 (Call 07/17/24)<sup>(b)</sup> | 40 | 39440 |
| Fresenius Medical Care U.S. Finance III Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 12/01/26 (Call 11/01/26)<sup>(b)</sup> | 620 | 538966 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 02/16/31 (Call 11/16/30)<sup>(b)</sup> | 740 | 564132 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Health Care - Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/01/31 (Call 09/01/31)<sup>(b)</sup> | $720 | $565085 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/15/29 (Call 03/15/29)<sup>(b)</sup> | 415 | 361191 |
| Global Medical Response Inc., 6.50%, 10/01/25 (Call 10/01/23)<sup>(b)</sup> | 545 | 383833 |
| Hackensack Meridian Health Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.21%, 07/01/48 (Call 01/01/48) | 318 | 287726 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/01/57 (Call 01/01/57) | 345 | 318887 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.68%, 09/01/41 (Call 03/01/41) | 305 | 224074 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.88%, 09/01/50 (Call 03/01/50) | 302 | 210790 |
| Hadrian Merger Sub Inc., 8.50%, 05/01/26 (Call 05/01/23)<sup>(b)</sup> | 202 | 169252 |
| Hartford HealthCare Corp., 3.45%, 07/01/54 | 435 | 324219 |
| HCA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 07/15/31 (Call 04/15/31) | 1205 | 979062 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 03/15/27 (Call 02/15/27)<sup>(b)</sup> | 180 | 167312 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/15/29 (Call 01/15/29)<sup>(b)</sup> | 125 | 113149 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/30 (Call 03/01/30) | 2064 | 1850314 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/15/51 (Call 01/15/51) | 635 | 445383 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/15/32 (Call 12/15/31)<sup>(b)</sup> | 1055 | 934878 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/15/29 (Call 03/15/29) | 1604 | 1523976 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/15/42 (Call 09/15/41)<sup>(b)</sup> | 455 | 387073 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/15/27 (Call 08/15/26) | 1563 | 1536726 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/52 (Call 09/15/51)<sup>(b)</sup> | 920 | 776388 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/15/24 | 1111 | 1108400 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/15/39 (Call 12/15/38) | 1007 | 948654 |
| &nbsp;&nbsp;&nbsp;5.25%, 04/15/25 | 1240 | 1241352 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/15/26 (Call 12/15/25) | 1276 | 1278259 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/15/49 (Call 12/15/48) | 1147 | 1049126 |
| &nbsp;&nbsp;&nbsp;5.38%, 02/01/25 | 1756 | 1762796 |
| &nbsp;&nbsp;&nbsp;5.38%, 09/01/26 (Call 03/01/26) | 1415 | 1423207 |
| &nbsp;&nbsp;&nbsp;5.50%, 06/15/47 (Call 12/15/46) | 1107 | 1054927 |
| &nbsp;&nbsp;&nbsp;5.63%, 09/01/28 (Call 03/01/28) | 1225 | 1245531 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/15/26 (Call 08/15/25) | 1745 | 1773705 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/01/29 (Call 08/01/28) | 655 | 674100 |
| Health Care Service Corp. A Mutual Legal Reserve Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 06/01/25 (Call 05/01/25)<sup>(b)</sup> | 205 | 189592 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.20%, 06/01/30 (Call 03/01/30)<sup>(b)</sup> | 476 | 396670 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 06/01/50 (Call 12/01/49)<sup>(b)</sup> | 465 | 348201 |
| Highmark Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.45%, 05/10/26 (Call 04/10/26)<sup>(b)</sup> | 885 | 793385 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.55%, 05/10/31 (Call 02/10/31)<sup>(b)</sup> | 818 | 647668 |
| Hoag Memorial Hospital Presbyterian, 3.80%, 07/15/52 (Call 01/15/52) | 393 | 331778 |
| Humana Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 02/03/27 (Call 01/03/27) | 1277 | 1125509 |
| &nbsp;&nbsp;&nbsp;2.15%, 02/03/32 (Call 11/03/31) | 440 | 357438 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/15/29 (Call 05/15/29) | 248 | 223669 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/23/29 (Call 02/23/29) | 725 | 683109 |
| &nbsp;&nbsp;&nbsp;3.85%, 10/01/24 (Call 07/01/24) | 1020 | 1004720 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/15/27 (Call 12/15/26) | 986 | 963164 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/15/49 (Call 02/15/49) | 245 | 205036 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/25 (Call 03/01/25) | 778 | 774553 |
| &nbsp;&nbsp;&nbsp;4.63%, 12/01/42 (Call 06/01/42) | 440 | 405931 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/15/47 (Call 09/14/46) | 412 | 382431 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/01/30 (Call 01/01/30) | 500 | 502415 |
| &nbsp;&nbsp;&nbsp;4.95%, 10/01/44 (Call 04/01/44) | 342 | 330906 |
| &nbsp;&nbsp;&nbsp;5.75%, 03/01/28 (Call 02/01/28) | 175 | 182495 |
| &nbsp;&nbsp;&nbsp;5.88%, 03/01/33 (Call 12/01/32) | 300 | 321504 |
| IHC Health Services Inc., 4.13%, 05/15/48 (Call 11/15/47) | 220 | 193046 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Health Care - Services (continued)** |  |  |
| Indiana University Health Inc. Obligated Group 3.97%, 11/01/48 (Call 05/01/48) | $775 | $679070 |
| &nbsp;&nbsp;&nbsp;Series 2021, 2.85%, 11/01/51 (Call 05/01/51) | 250 | 173802 |
| Inova Health System Foundation, 4.07%, 05/15/52 (Call 11/15/51) | 345 | 307116 |
| Integris Baptist Medical Center Inc., Series A, 3.88%, 08/15/50 (Call 02/15/50) | 440 | 338338 |
| Iowa Health System, Series 2020, 3.67%, 02/15/50 (Call 08/15/49)<sup>(c)</sup> | 350 | 269829 |
| IQVIA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 640 | 623808 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/15/27 (Call 05/15/23)<sup>(b)</sup> | 665 | 646506 |
| Johns Hopkins Health System Corp. (The), 3.84%, 05/15/46 | 201 | 173636 |
| Kaiser Foundation Hospitals |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 05/01/27 (Call 02/01/27) | 160 | 153211 |
| &nbsp;&nbsp;&nbsp;4.15%, 05/01/47 (Call 11/01/46) | 1415 | 1298687 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/01/42 | 876 | 890121 |
| &nbsp;&nbsp;&nbsp;Series 2019, 3.27%, 11/01/49 (Call 05/12/49) | 612 | 477935 |
| &nbsp;&nbsp;&nbsp;Series 2021, 2.81%, 06/01/41 (Call 12/01/40) | 707 | 546087 |
| &nbsp;&nbsp;&nbsp;Series 2021, 3.00%, 06/01/51 (Call 12/01/50) | 899 | 667948 |
| Laboratory Corp. of America Holdings |  |  |
| &nbsp;&nbsp;&nbsp;1.55%, 06/01/26 (Call 05/01/26) | 230 | 207037 |
| &nbsp;&nbsp;&nbsp;2.30%, 12/01/24 (Call 11/01/24) | 680 | 648169 |
| &nbsp;&nbsp;&nbsp;2.70%, 06/01/31 (Call 03/01/31) | 250 | 216047 |
| &nbsp;&nbsp;&nbsp;2.95%, 12/01/29 (Call 09/01/29) | 851 | 761083 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/01/24 (Call 07/01/24) | 1078 | 1051373 |
| &nbsp;&nbsp;&nbsp;3.60%, 02/01/25 (Call 11/01/24) | 467 | 454993 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/01/27 (Call 06/01/27) | 443 | 428199 |
| &nbsp;&nbsp;&nbsp;4.70%, 02/01/45 (Call 08/01/44) | 713 | 655561 |
| Legacy LifePoint Health LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/15/27 (Call 03/03/23)<sup>(b)</sup> | 495 | 432754 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 610 | 594500 |
| Lifepoint Health Inc., 5.38%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 340 | 227793 |
| Mass General Brigham Inc. |  |  |
| &nbsp;&nbsp;&nbsp;Series 2015, 4.12%, 07/01/55 | 40 | 34838 |
| &nbsp;&nbsp;&nbsp;Series 2017, 3.77%, 07/01/48 (Call 01/01/48) | 521 | 437020 |
| &nbsp;&nbsp;&nbsp;Series 2020, 3.19%, 07/01/49 (Call 01/01/49) | 510 | 387365 |
| &nbsp;&nbsp;&nbsp;Series 2020, 3.34%, 07/01/60 (Call 01/01/60) | 488 | 358480 |
| Mayo Clinic |  |  |
| &nbsp;&nbsp;&nbsp;3.77%, 11/15/43 | 330 | 287107 |
| &nbsp;&nbsp;&nbsp;Series 2013, 4.00%, 11/15/47 | 150 | 132474 |
| &nbsp;&nbsp;&nbsp;Series 2016, 4.13%, 11/15/52 | 290 | 262781 |
| &nbsp;&nbsp;&nbsp;Series 2021, 3.20%, 11/15/61 (Call 05/15/61) | 544 | 387524 |
| McLaren Health Care Corp., Series A, 4.39%, 05/15/48 (Call 11/15/47) | 265 | 240395 |
| MedStar Health Inc., Series 20A, 3.63%, 08/15/49 | 365 | 278247 |
| Memorial Health Services, 3.45%, 11/01/49 (Call 05/01/49) | 404 | 317237 |
| Memorial Sloan-Kettering Cancer Center |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 07/01/52 | 327 | 293908 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/01/42 | 330 | 342088 |
| &nbsp;&nbsp;&nbsp;Series 2015, 4.20%, 07/01/55 | 486 | 434552 |
| &nbsp;&nbsp;&nbsp;Series 2020, 2.96%, 01/01/50 (Call 07/01/49) | 80 | 58106 |
| Mercy Health/OH, Series 2018, 4.30%, 07/01/28 (Call 01/01/28) | 206 | 200904 |
| Methodist Hospital (The), Series 20A, 2.71%, 12/01/50 (Call 06/01/50) | 378 | 255857 |
| MidMichigan Health, Series 2020, 3.41%, 06/01/50 (Call 12/01/49) | 395 | 293505 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Health Care - Services (continued)** |  |  |
| ModivCare Escrow Issuer Inc., 5.00%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | $370 | $321545 |
| ModivCare Inc., 5.88%, 11/15/25 (Call 11/15/23)<sup>(b)</sup> | 345 | 333867 |
| Molina Healthcare Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/15/30 (Call 08/17/30)<sup>(b)</sup> | 500 | 430280 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/15/32 (Call 02/15/32)<sup>(b)</sup> | 477 | 400108 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/15/28 (Call 06/15/23)<sup>(b)</sup> | 650 | 601328 |
| Montefiore Obligated Group |  |  |
| &nbsp;&nbsp;&nbsp;4.29%, 09/01/50 | 407 | 259572 |
| &nbsp;&nbsp;&nbsp;Series 18-C, 5.25%, 11/01/48 (Call 05/01/48) | 307 | 235076 |
| Mount Nittany Medical Center Obligated Group, 3.80%, 11/15/52 | 95 | 76751 |
| Mount Sinai Hospitals Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;Series 2017, 3.98%, 07/01/48 | 328 | 276701 |
| &nbsp;&nbsp;&nbsp;Series 2019, 3.74%, 07/01/49 (Call 01/01/49) | 535 | 429407 |
| &nbsp;&nbsp;&nbsp;Series 2020, 3.39%, 07/01/50 (Call 07/01/49) | 338 | 240061 |
| MultiCare Health System, 2.80%, 08/15/50 (Call 02/15/50) | 425 | 268528 |
| Nationwide Children's Hospital Inc., 4.56%, 11/01/52 (Call 05/01/52) | 153 | 145997 |
| New York and Presbyterian Hospital (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.26%, 08/01/40 (Call 02/01/40) | 30 | 21259 |
| &nbsp;&nbsp;&nbsp;2.61%, 08/01/60 (Call 02/01/60) | 323 | 198690 |
| &nbsp;&nbsp;&nbsp;4.02%, 08/01/45 | 475 | 422322 |
| &nbsp;&nbsp;&nbsp;4.06%, 08/01/56 | 290 | 253573 |
| &nbsp;&nbsp;&nbsp;Series 2019, 3.95%, 08/01/2119 (Call 02/01/19) | 377 | 282328 |
| Northwell Healthcare Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.81%, 11/01/49 (Call 11/01/48) | 240 | 184906 |
| &nbsp;&nbsp;&nbsp;3.98%, 11/01/46 (Call 11/01/45) | 568 | 461602 |
| &nbsp;&nbsp;&nbsp;4.26%, 11/01/47 (Call 11/01/46) | 715 | 610753 |
| Northwestern Memorial Healthcare Obligated Group, Series 2021, 2.63%, 07/15/51 (Call 01/15/51) | 5 | 3416 |
| Novant Health Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.64%, 11/01/36 (Call 08/01/36) | 80 | 62689 |
| &nbsp;&nbsp;&nbsp;3.17%, 11/01/51 (Call 05/01/51) | 467 | 345916 |
| &nbsp;&nbsp;&nbsp;3.32%, 11/01/61 (Call 05/01/61) | 254 | 184798 |
| NY Society for Relief of Ruptured & Crippled Maintaining Hosp Special Surgery, Series 2020, 2.67%, 10/01/50 (Call 04/01/50) | 330 | 218041 |
| NYU Langone Hospitals |  |  |
| &nbsp;&nbsp;&nbsp;4.37%, 07/01/47 (Call 01/01/47) | 555 | 502569 |
| &nbsp;&nbsp;&nbsp;Series 2020, 3.38%, 07/01/55 (Call 01/01/55) | 25 | 18267 |
| OhioHealth Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.83%, 11/15/41 (Call 05/15/41) | 224 | 168497 |
| &nbsp;&nbsp;&nbsp;Series 2020, 3.04%, 11/15/50 (Call 05/15/50) | 325 | 248599 |
| Orlando Health Obligated Group |  |  |
| &nbsp;&nbsp;&nbsp;3.33%, 10/01/50 (Call 04/01/50) | 375 | 274271 |
| &nbsp;&nbsp;&nbsp;4.09%, 10/01/48 (Call 04/01/48) | 355 | 301675 |
| PeaceHealth Obligated Group |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018, 4.79%, 11/15/48 (Call 05/15/48) | 463 | 431349 |
| &nbsp;&nbsp;&nbsp;Series 2020, 1.38%, 11/15/25 (Call 08/15/25) | 638 | 579597 |
| &nbsp;&nbsp;&nbsp;Series 2020, 3.22%, 11/15/50 (Call 05/15/50) | 188 | 133544 |
| Pediatrix Medical Group Inc., 5.38%, 02/15/30 (Call 02/15/25)<sup>(b)(c)</sup> | 295 | 260986 |
| Piedmont Healthcare Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.04%, 01/01/32 (Call 07/01/31) | 160 | 128709 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.86%, 01/01/52 (Call 07/01/51)<sup>(c)</sup> | 66 | 43992 |
| &nbsp;&nbsp;&nbsp;Series 2042, 2.72%, 01/01/42 (Call 07/01/41) | 188 | 136522 |
| Presbyterian Healthcare Services, 4.88%, 08/01/52 (Call 02/01/52) | 223 | 219468 |
| Prime Healthcare Services Inc., 7.25%, 11/01/25 (Call 11/01/23)<sup>(b)</sup> | 640 | 566138 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Health Care - Services (continued)** |  |  |
| Providence St Joseph Health Obligated Group |  |  |
| &nbsp;&nbsp;&nbsp;Series 19A, 2.53%, 10/01/29 (Call 07/01/29) | $101 | $87156 |
| &nbsp;&nbsp;&nbsp;Series A, 3.93%, 10/01/48 (Call 04/01/48) | 325 | 273192 |
| &nbsp;&nbsp;&nbsp;Series H, 2.75%, 10/01/26 (Call 07/01/26) | 25 | 23612 |
| &nbsp;&nbsp;&nbsp;Series I, 3.74%, 10/01/47. | 690 | 558065 |
| Queen's Health Systems (The), 4.81%, 07/01/52 (Call 01/01/52) | 176 | 174574 |
| Quest Diagnostics Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 06/30/31 (Call 03/30/31) | 540 | 469978 |
| &nbsp;&nbsp;&nbsp;2.95%, 06/30/30 (Call 03/30/30) | 490 | 437276 |
| &nbsp;&nbsp;&nbsp;3.45%, 06/01/26 (Call 03/01/26) | 847 | 815737 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/30/25 (Call 12/30/24) | 196 | 190477 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/30/29 (Call 03/30/29) | 570 | 557642 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/24 (Call 01/01/24) | 115 | 114109 |
| &nbsp;&nbsp;&nbsp;4.70%, 03/30/45 (Call 09/30/44) | 300 | 271029 |
| Quorum Health Corp., 11.63%, 04/15/23<sup>(i)</sup> | 50 |  |
| Radiology Partners Inc., 9.25%, 02/01/28 (Call 02/01/23)<sup>(b)(c)</sup> | 495 | 299421 |
| Rady Children's Hospital-San Diego/CA, Series 21A, 3.15%, 08/15/51 (Call 08/15/50) | 200 | 143668 |
| Rede D'or Finance Sarl |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/22/30 (Call 10/22/29)<sup>(d)</sup> | 100 | 87743 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 01/17/28 (Call 10/17/27)<sup>(d)</sup> | 800 | 742136 |
| RegionalCare Hospital Partners Holdings Inc./LifePoint Health Inc., 9.75%, 12/01/26 (Call 12/01/23)<sup>(b)</sup> | 910 | 797096 |
| Roche Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.99%, 03/05/26 (Call 02/05/26)<sup>(b)</sup> | 200 | 180574 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 03/08/24<sup>(b)</sup> | 250 | 242462 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.93%, 12/13/28 (Call 10/13/28)<sup>(b)</sup> | 505 | 446228 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.08%, 12/13/31 (Call 09/13/31)<sup>(b)</sup> | 1100 | 928543 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 03/10/25 (Call 02/10/25)<sup>(b)</sup> | 300 | 286440 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.31%, 03/10/27 (Call 02/10/27)<sup>(b)</sup> | 760 | 706694 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 01/28/27 (Call 10/28/26)<sup>(b)</sup> | 455 | 426067 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.61%, 12/13/51 (Call 06/13/51)<sup>(b)</sup> | 1200 | 846576 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 05/15/26 (Call 02/15/26)<sup>(b)</sup> | 685 | 648921 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 11/10/25 (Call 08/10/25)<sup>(b)</sup> | 649 | 626584 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 09/17/28 (Call 06/17/28)<sup>(b)</sup> | 364 | 352982 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/28/44 (Call 05/28/44)<sup>(b)</sup> | 65 | 59026 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 03/01/39<sup>(b)</sup> | 645 | 808314 |
| RP Escrow Issuer LLC, 5.25%, 12/15/25 (Call 12/15/23)<sup>(b)</sup> | 510 | 416063 |
| Rush Obligated Group, Series 2020, 3.92%, 11/15/29 (Call 08/15/29) | 420 | 398429 |
| RWJ Barnabas Health Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.48%, 07/01/49 (Call 01/01/49) | 203 | 158671 |
| &nbsp;&nbsp;&nbsp;3.95%, 07/01/46 (Call 07/01/45) | 358 | 308456 |
| Seattle Children's Hospital, Series 2021, 2.72%, 10/01/50 (Call 10/01/49) | 100 | 67562 |
| Select Medical Corp., 6.25%, 08/15/26 (Call 08/15/23)<sup>(b)(c)</sup> | 1050 | 1025398 |
| Sentara Healthcare, 2.93%, 11/01/51 (Call 05/01/51) | 100 | 70613 |
| Sharp HealthCare, Series 20B, 2.68%, 08/01/50 (Call 08/01/49) | 335 | 218845 |
| SSM Health Care Corp., Series A, 3.82%, 06/01/27 (Call 03/01/27) | 310 | 299990 |
| Stanford Health Care |  |  |
| &nbsp;&nbsp;&nbsp;3.03%, 08/15/51 (Call 02/15/51) | 255 | 183082 |
| &nbsp;&nbsp;&nbsp;Series 2018, 3.80%, 11/15/48 (Call 05/15/48) | 695 | 593634 |
| &nbsp;&nbsp;&nbsp;Series 2020, 3.31%, 08/15/30 (Call 05/15/30) | 28 | 25808 |
| Summa Health, 3.51%, 11/15/51 (Call 05/15/51) | 331 | 237569 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Health Care - Services (continued)** |  |  |
| Surgery Center Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 07/01/25 (Call 03/03/23)<sup>(b)</sup> | $95 | $94406 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.00%, 04/15/27 (Call 04/15/23)<sup>(b)(c)</sup> | 409 | 419360 |
| Sutter Health |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018, 3.70%, 08/15/28 (Call 05/15/28) | 218 | 206302 |
| &nbsp;&nbsp;&nbsp;Series 2018, 4.09%, 08/15/48 (Call 02/15/48) | 469 | 402135 |
| &nbsp;&nbsp;&nbsp;Series 20A, 1.32%, 08/15/25 (Call 05/15/25) | 522 | 477583 |
| &nbsp;&nbsp;&nbsp;Series 20A, 2.29%, 08/15/30 (Call 02/15/30) | 234 | 196864 |
| &nbsp;&nbsp;&nbsp;Series 20A, 3.16%, 08/15/40 (Call 02/15/40) | 310 | 243527 |
| &nbsp;&nbsp;&nbsp;Series 20A, 3.36%, 08/15/50 (Call 02/15/50) | 484 | 367129 |
| Syneos Health Inc., 3.63%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 470 | 380174 |
| Team Health Holdings Inc., 6.38%, 02/01/25 (Call 02/16/23)<sup>(b)(c)</sup> | 425 | 283526 |
| Tenet Healthcare Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 06/01/29 | 970 | 863028 |
| &nbsp;&nbsp;&nbsp;4.38%, 01/15/30 (Call 12/01/24) | 1000 | 890000 |
| &nbsp;&nbsp;&nbsp;4.63%, 07/15/24 (Call 03/03/23) | 489 | 482350 |
| &nbsp;&nbsp;&nbsp;4.63%, 09/01/24 | 490 | 483013 |
| &nbsp;&nbsp;&nbsp;4.63%, 06/15/28 | 485 | 450259 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/01/26 (Call 03/01/23) | 1435 | 1397360 |
| &nbsp;&nbsp;&nbsp;5.13%, 11/01/27 | 945 | 909676 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 10/01/28 (Call 10/01/23)<sup>(c)</sup> | 1725 | 1606510 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 06/15/30 (Call 06/15/25)<sup>(b)</sup> | 1435 | 1393801 |
| &nbsp;&nbsp;&nbsp;6.25%, 02/01/27 | 965 | 943287 |
| &nbsp;&nbsp;&nbsp;6.88%, 11/15/31 | 407 | 376003 |
| Texas Health Resources |  |  |
| &nbsp;&nbsp;&nbsp;2.33%, 11/15/50 (Call 05/15/50) | 439 | 268387 |
| &nbsp;&nbsp;&nbsp;4.33%, 11/15/55 | 225 | 203911 |
| Toledo Hospital (The) |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 11/15/38 (Call 11/15/28) | 174 | 172471 |
| &nbsp;&nbsp;&nbsp;6.02%, 11/15/48 | 443 | 296620 |
| &nbsp;&nbsp;&nbsp;Series B, 5.33%, 11/15/28 | 167 | 136287 |
| Tower Health, Series 2020, 4.45%, 02/01/50 (Call 08/01/49) | 120 | 56708 |
| Trinity Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 12/01/45 | 488 | 440547 |
| &nbsp;&nbsp;&nbsp;Series 2019, 3.43%, 12/01/48 | 362 | 295026 |
| &nbsp;&nbsp;&nbsp;Series 2021, 2.63%, 12/01/40 (Call 06/01/40) | 97 | 71828 |
| U.S. Acute Care Solutions LLC, 6.38%, 03/01/26 (Call 03/01/23)<sup>(b)</sup> | 500 | 452820 |
| UMass Memorial Health Care Obligated Group, 5.36%, 07/01/52 (Call 01/01/52) | 90 | 89321 |
| UnitedHealth Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 05/15/27 (Call 04/15/27) | 280 | 275433 |
| &nbsp;&nbsp;&nbsp;1.15%, 05/15/26 (Call 04/15/26) | 945 | 856142 |
| &nbsp;&nbsp;&nbsp;1.25%, 01/15/26 | 558 | 514297 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/15/30 | 1235 | 1053369 |
| &nbsp;&nbsp;&nbsp;2.30%, 05/15/31 (Call 02/15/31) | 989 | 850649 |
| &nbsp;&nbsp;&nbsp;2.38%, 08/15/24 | 780 | 754486 |
| &nbsp;&nbsp;&nbsp;2.75%, 05/15/40 (Call 11/15/39) | 585 | 452041 |
| &nbsp;&nbsp;&nbsp;2.88%, 08/15/29 | 649 | 593089 |
| &nbsp;&nbsp;&nbsp;2.90%, 05/15/50 (Call 11/15/49) | 595 | 435278 |
| &nbsp;&nbsp;&nbsp;2.95%, 10/15/27 | 575 | 542984 |
| &nbsp;&nbsp;&nbsp;3.05%, 05/15/41 (Call 11/15/40) | 935 | 747364 |
| &nbsp;&nbsp;&nbsp;3.10%, 03/15/26 | 1380 | 1334915 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/15/60 (Call 11/15/59) | 557 | 406304 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/15/51 (Call 11/15/50) | 1201 | 939915 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/15/27 | 710 | 687202 |
| &nbsp;&nbsp;&nbsp;3.45%, 01/15/27 | 740 | 720686 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/15/24 | 894 | 883093 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/15/39 (Call 02/15/39) | 780 | 677212 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Health Care - Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 12/15/25 | $501 | $493300 |
| &nbsp;&nbsp;&nbsp;3.70%, 08/15/49 (Call 02/15/49) | 700 | 592571 |
| &nbsp;&nbsp;&nbsp;3.75%, 07/15/25 | 1186 | 1169752 |
| &nbsp;&nbsp;&nbsp;3.75%, 10/15/47 (Call 04/15/47) | 578 | 494606 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/15/28 | 1050 | 1026406 |
| &nbsp;&nbsp;&nbsp;3.88%, 12/15/28 | 825 | 804020 |
| &nbsp;&nbsp;&nbsp;3.88%, 08/15/59 (Call 02/15/59) | 832 | 705320 |
| &nbsp;&nbsp;&nbsp;3.95%, 10/15/42 (Call 04/15/42) | 371 | 338359 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/15/29 (Call 03/15/29) | 900 | 882288 |
| &nbsp;&nbsp;&nbsp;4.20%, 05/15/32 (Call 02/15/32) | 955 | 941305 |
| &nbsp;&nbsp;&nbsp;4.20%, 01/15/47 (Call 07/15/46) | 1077 | 983215 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/15/43 (Call 09/15/42) | 456 | 428909 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/15/47 (Call 10/15/46) | 799 | 736750 |
| &nbsp;&nbsp;&nbsp;4.25%, 06/15/48 (Call 12/15/47) | 564 | 519833 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/42 (Call 09/15/41) | 535 | 507094 |
| &nbsp;&nbsp;&nbsp;4.45%, 12/15/48 (Call 06/15/48) | 462 | 438863 |
| &nbsp;&nbsp;&nbsp;4.63%, 07/15/35 | 930 | 939253 |
| &nbsp;&nbsp;&nbsp;4.63%, 11/15/41 (Call 05/15/41) | 198 | 192709 |
| &nbsp;&nbsp;&nbsp;4.75%, 07/15/45 | 1004 | 1008126 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/15/52 (Call 11/15/51) | 1250 | 1238200 |
| &nbsp;&nbsp;&nbsp;4.95%, 05/15/62 (Call 11/15/61) | 800 | 806464 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/15/24 | 400 | 403992 |
| &nbsp;&nbsp;&nbsp;5.15%, 10/15/25 | 490 | 499820 |
| &nbsp;&nbsp;&nbsp;5.25%, 02/15/28 (Call 01/15/28) | 595 | 619770 |
| &nbsp;&nbsp;&nbsp;5.30%, 02/15/30 (Call 12/15/29) | 800 | 839824 |
| &nbsp;&nbsp;&nbsp;5.35%, 02/15/33 (Call 11/15/32) | 1350 | 1436859 |
| &nbsp;&nbsp;&nbsp;5.70%, 10/15/40 (Call 04/15/40) | 210 | 228915 |
| &nbsp;&nbsp;&nbsp;5.80%, 03/15/36 | 733 | 813322 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/15/53 (Call 08/15/52) | 1180 | 1352492 |
| &nbsp;&nbsp;&nbsp;5.95%, 02/15/41 (Call 08/15/40) | 385 | 430569 |
| &nbsp;&nbsp;&nbsp;6.05%, 02/15/63 (Call 08/15/62) | 840 | 982498 |
| &nbsp;&nbsp;&nbsp;6.50%, 06/15/37 | 610 | 712895 |
| &nbsp;&nbsp;&nbsp;6.63%, 11/15/37 | 616 | 731537 |
| &nbsp;&nbsp;&nbsp;6.88%, 02/15/38 | 1037 | 1268251 |
| Universal Health Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 09/01/26 | 1030 | 906936 |
| &nbsp;&nbsp;&nbsp;2.65%, 10/15/30 | 978 | 824180 |
| &nbsp;&nbsp;&nbsp;2.65%, 01/15/32 | 420 | 339452 |
| US Renal Care Inc., 10.63%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 338 | 110688 |
| WakeMed, Series A, 3.29%, 10/01/52 (Call 04/01/52) | 94 | 67275 |
| West Virginia United Health System Obligated Group, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2020, 3.13%, 06/01/50 (Call 12/01/49) | 20 | 13626 |
| Willis-Knighton Medical Center |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018, 4.81%, 09/01/48 (Call 03/01/48) | 494 | 466672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021, 3.07%, 03/01/51 (Call 09/01/50)<sup>(c)</sup> | 380 | 257553 |
| Yale-New Haven Health Services Corp., Series 2020, 2.50%, 07/01/50 (Call 07/01/49) | 109 | 69474 |
|  |  | 204168398 |
| **Holding Companies - Diversified — 0.4%** |  |  |
| Alfa SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 03/25/24 (Call 12/25/23)<sup>(d)</sup> | 400 | 397880 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 03/25/44 (Call 09/25/43)<sup>(c)(d)</sup> | 200 | 203036 |
| Amipeace Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 10/22/25<sup>(d)</sup> | 600 | 548148 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 11/09/26<sup>(d)</sup> | 600 | 543486 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 10/22/30<sup>(d)</sup> | 1200 | 1012212 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 12/05/24<sup>(d)</sup> | 600 | 576258 |
| Ares Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.15%, 07/15/26 (Call 06/15/26) | 917 | 802100 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Holding Companies - Diversified (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 06/15/27 (Call 05/15/27) | $555 | $492557 |
| &nbsp;&nbsp;&nbsp;2.88%, 06/15/28 (Call 04/15/28) | 973 | 821504 |
| &nbsp;&nbsp;&nbsp;3.20%, 11/15/31 (Call 08/15/31) | 430 | 337103 |
| &nbsp;&nbsp;&nbsp;3.25%, 07/15/25 (Call 06/15/25) | 1107 | 1042163 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/15/26 (Call 12/15/25) | 512 | 482222 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/10/24 (Call 05/10/24) | 721 | 709003 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/01/25 (Call 01/01/25) | 731 | 707498 |
| Bain Capital Specialty Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.55%, 10/13/26 (Call 09/13/26) | 150 | 131391 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/10/26 (Call 02/10/26) | 327 | 296043 |
| Barings BDC Inc., 3.30%, 11/23/26 (Call 10/23/26) | 110 | 97242 |
| Beijing State-Owned Assets Management Hong Kong Co. Ltd., 4.13%, 05/26/25<sup>(d)</sup> | 500 | 486255 |
| Blackstone Private Credit Fund |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 09/15/24 | 745 | 695562 |
| &nbsp;&nbsp;&nbsp;2.63%, 12/15/26 (Call 11/15/26) | 865 | 744090 |
| &nbsp;&nbsp;&nbsp;2.70%, 01/15/25 (Call 11/15/24) | 213 | 199310 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/15/27 (Call 02/15/27) | 805 | 705285 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/15/29 (Call 11/15/28) | 580 | 500934 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 03/24/25<sup>(c)</sup> | 650 | 631014 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.05%, 09/29/25<sup>(b)</sup> | 600 | 608526 |
| Blackstone Secured Lending Fund |  |  |
| &nbsp;&nbsp;&nbsp;2.13%, 02/15/27 (Call 01/15/27) | 795 | 675599 |
| &nbsp;&nbsp;&nbsp;2.75%, 09/16/26 (Call 08/16/26) | 375 | 332704 |
| &nbsp;&nbsp;&nbsp;2.85%, 09/30/28 (Call 07/30/28) | 440 | 360052 |
| &nbsp;&nbsp;&nbsp;3.63%, 01/15/26 (Call 12/15/25) | 653 | 609262 |
| Bright Galaxy International Ltd., 3.25%, 07/15/26<sup>(d)</sup> | 200 | 171904 |
| Ccthk 2021 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/19/25<sup>(d)</sup> | 200 | 187558 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/19/27<sup>(d)</sup> | 200 | 183714 |
| CITIC Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 02/25/25<sup>(d)</sup> | 600 | 568872 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.85%, 02/25/30<sup>(d)</sup> | 800 | 703576 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 02/17/27 (Call 01/17/27)<sup>(d)</sup> | 800 | 749688 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/17/32 (Call 11/17/31)<sup>(d)</sup> | 200 | 177748 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 06/14/26<sup>(d)</sup> | 200 | 192878 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/28/27<sup>(d)</sup> | 400 | 389440 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/11/28<sup>(d)</sup> | 400 | 387256 |
| CK Hutchison International 16 Ltd., 2.75%, 10/03/26<sup>(b)</sup> | 200 | 186804 |
| CK Hutchison International 17 II Ltd., 3.25%, 09/29/27<sup>(b)</sup> | 483 | 456271 |
| CK Hutchison International 17 Ltd., 3.50%, 04/05/27<sup>(b)</sup> | 200 | 191834 |
| CK Hutchison International 19 II Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 09/06/29 (Call 06/06/29)<sup>(b)</sup> | 1410 | 1253490 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 09/06/49 (Call 03/06/49)<sup>(b)</sup> | 325 | 245658 |
| CK Hutchison International 19 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/11/24 (Call 03/11/24)<sup>(b)</sup> | 681 | 667850 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 04/11/29 (Call 01/11/29)<sup>(b)(c)</sup> | 817 | 767580 |
| CK Hutchison International 21 Ltd., 1.50%, 04/15/26 (Call 03/15/26)<sup>(b)</sup> | 200 | 181190 |
| CNCBINV 1 BVI Ltd., 1.75%, 11/17/24<sup>(d)</sup> | 400 | 374924 |
| Compass Group Diversified Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/32 (Call 01/15/27)<sup>(b)</sup> | 215 | 176491 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 665 | 598799 |
| Dua Capital Ltd., 2.78%, 05/11/31 (Call 11/11/30)<sup>(d)</sup> | 400 | 336740 |
| Fairfax India Holdings Corp., 5.00%, 02/26/28 (Call 12/26/27)<sup>(d)</sup> | 250 | 229018 |
| FS KKR Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 10/12/24 | 655 | 607388 |
| &nbsp;&nbsp;&nbsp;2.63%, 01/15/27 (Call 12/15/26) | 700 | 605101 |
| &nbsp;&nbsp;&nbsp;3.13%, 10/12/28 (Call 08/12/28) | 325 | 276975 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Holding Companies - Diversified (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 07/15/27 (Call 06/15/27) | $215 | $187873 |
| &nbsp;&nbsp;&nbsp;3.40%, 01/15/26 (Call 12/15/25) | 420 | 383796 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/01/25 (Call 01/01/25)<sup>(c)</sup> | 604 | 581205 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/14/25 (Call 01/14/25)<sup>(b)</sup> | 80 | 75696 |
| &nbsp;&nbsp;&nbsp;4.63%, 07/15/24 (Call 06/15/24) | 230 | 226037 |
| Fund of National Welfare Samruk-Kazyna JSC, 2.00%, 10/28/26 (Call 07/28/26)<sup>(d)</sup> | 400 | 352640 |
| Gaci First Investment Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/13/27 (Call 09/13/27)<sup>(d)</sup> | 1000 | 1018040 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 10/13/32 (Call 07/13/32)<sup>(d)</sup> | 800 | 828880 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 10/13/2122 (Call 04/13/22)<sup>(d)</sup> | 400 | 385344 |
| Goldman Sachs BDC Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 01/15/26 (Call 12/15/25) | 1012 | 948588 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/10/25 (Call 01/10/25)<sup>(c)</sup> | 425 | 412934 |
| Golub Capital BDC Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 02/15/27 (Call 01/15/27) | 980 | 832628 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/24/26 (Call 07/24/26) | 235 | 206196 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/15/24 (Call 03/15/24) | 214 | 207550 |
| Grupo de Inversiones Suramericana SA, 5.50%, 04/29/26 (Call 01/29/26)<sup>(d)</sup> | 600 | 583740 |
| Guohui International Bvi Co. Ltd., 3.15%, 08/27/25<sup>(d)</sup> | 400 | 365528 |
| Hainan State Farms International HK Co. Ltd., 3.00%, 02/03/24<sup>(d)</sup> | 200 | 191298 |
| Huarong Finance 2017 Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 11/07/27<sup>(d)</sup> | 430 | 378968 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/27/27<sup>(d)</sup> | 600 | 546822 |
| Huarong Finance 2019 Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/13/24 (Call 10/13/24)<sup>(d)</sup> | 600 | 563394 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 02/24/30 (Call 11/28/29)<sup>(d)</sup> | 1200 | 937752 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 09/30/30 (Call 06/30/30)<sup>(d)</sup> | 600 | 469266 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/29/24<sup>(d)</sup> | 600 | 575946 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/13/29 (Call 08/13/29)<sup>(d)</sup> | 400 | 325864 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/29/29<sup>(d)</sup> | 700 | 599921 |
| Huarong Finance II Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/03/26<sup>(d)</sup> | 600 | 555408 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 11/22/26<sup>(d)</sup> | 400 | 369612 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/19/25<sup>(d)</sup> | 400 | 378420 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/16/25<sup>(d)</sup> | 800 | 776624 |
| Huatong International Investment Holdings Co. Ltd., 2.98%, 03/04/24<sup>(d)</sup> | 400 | 381300 |
| Hutchison Whampoa International 03/33 Ltd., 7.45%, 11/24/33<sup>(b)</sup> | 150 | 182145 |
| Hutchison Whampoa International 14 Ltd., 3.63%, 10/31/24<sup>(b)</sup> | 400 | 391436 |
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 02/01/29 (Call 08/01/28) | 486 | 423568 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/15/24 (Call 06/15/24) | 995 | 970831 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/15/27 (Call 11/15/26) | 1030 | 963513 |
| &nbsp;&nbsp;&nbsp;6.25%, 05/15/26 (Call 05/15/23) | 915 | 903014 |
| &nbsp;&nbsp;&nbsp;6.38%, 12/15/25 (Call 03/03/23) | 516 | 511552 |
| ICD Funding Ltd., 3.22%, 04/28/26 (Call 03/28/26)<sup>(d)</sup> | 400 | 376056 |
| JAB Holdings BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.20%, 11/23/30 (Call 08/23/30)<sup>(b)</sup> | 280 | 218473 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/28/51 (Call 11/28/50)<sup>(b)</sup> | 460 | 301240 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/08/52 (Call 10/08/51)<sup>(b)</sup> | 415 | 311607 |
| KOC Holding AS, 6.50%, 03/11/25 (Call 12/11/24)<sup>(d)</sup> | 600 | 592608 |
| Main Street Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 07/14/26 (Call 06/14/26) | 855 | 753306 |
| &nbsp;&nbsp;&nbsp;5.20%, 05/01/24 | 525 | 522401 |
| MDGH GMTN RSC Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/07/24 (Call 10/07/24)<sup>(d)</sup> | 800 | 768832 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Holding Companies - Diversified (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 05/21/26 (Call 04/21/26)<sup>(d)</sup> | $600 | $562194 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/03/31 (Call 03/03/31)<sup>(d)</sup> | 600 | 518160 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 11/07/29 (Call 08/07/29)<sup>(d)</sup> | 650 | 590083 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/21/30 (Call 02/21/30)<sup>(d)</sup> | 800 | 720512 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 03/28/27 (Call 02/28/27)<sup>(d)</sup> | 200 | 188168 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/28/32 (Call 12/28/31)<sup>(d)</sup> | 800 | 734352 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 06/07/51 (Call 12/07/50)<sup>(d)</sup> | 600 | 475458 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 11/07/49 (Call 05/07/49)<sup>(d)</sup> | 1600 | 1330192 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/19/29<sup>(d)</sup> | 600 | 579132 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 05/21/50 (Call 11/21/49)<sup>(d)</sup> | 1400 | 1212820 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/28/33 (Call 01/28/33)<sup>(d)</sup> | 400 | 428272 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 11/01/41<sup>(b)</sup> | 200 | 245486 |
| MDGH-GMTN BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/19/24<sup>(d)</sup> | 600 | 585708 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/07/28<sup>(d)</sup> | 600 | 601284 |
| Morgan Stanley Direct Lending Fund, 4.50%, 02/11/27 (Call 01/11/27) | 5 | 4788 |
| Mumtalakat Sukuk Holding Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.10%, 01/21/27<sup>(d)</sup> | 600 | 573876 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/27/24<sup>(d)</sup> | 200 | 199418 |
| Oaktree Specialty Lending Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 01/15/27 (Call 12/15/26) | 910 | 809427 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/25/25 (Call 01/25/25) | 547 | 527800 |
| Owl Rock Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.63%, 01/15/27 (Call 12/15/26) | 420 | 361225 |
| &nbsp;&nbsp;&nbsp;2.88%, 06/11/28 (Call 04/11/28) | 520 | 431033 |
| &nbsp;&nbsp;&nbsp;3.40%, 07/15/26 (Call 06/15/26) | 992 | 897512 |
| &nbsp;&nbsp;&nbsp;3.75%, 07/22/25 (Call 06/22/25) | 630 | 593989 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/30/25 (Call 02/28/25) | 329 | 316570 |
| &nbsp;&nbsp;&nbsp;4.25%, 01/15/26 (Call 12/15/25) | 570 | 536592 |
| &nbsp;&nbsp;&nbsp;5.25%, 04/15/24 (Call 03/15/24) | 354 | 352630 |
| Owl Rock Capital Corp. III, 3.13%, 04/13/27 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 03/13/27) | 300 | 255786 |
| OWL Rock Core Income Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 09/23/26 (Call 08/23/26) | 55 | 48093 |
| &nbsp;&nbsp;&nbsp;4.70%, 02/08/27 (Call 01/08/27) | 81 | 73823 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 09/16/27 (Call 08/16/27)<sup>(b)</sup> | 50 | 50358 |
| Owl Rock Technology Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 01/15/27 (Call 12/15/26) | 645 | 532538 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 12/15/25 (Call 11/15/25)<sup>(b)</sup> | 904 | 831273 |
| Prospect Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.36%, 11/15/26 (Call 10/15/26) | 405 | 354529 |
| &nbsp;&nbsp;&nbsp;3.44%, 10/15/28 (Call 08/15/28) | 310 | 249857 |
| &nbsp;&nbsp;&nbsp;3.71%, 01/22/26 (Call 12/22/25) | 520 | 475067 |
| PTT Treasury Center Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 07/16/70 (Call 01/16/70)<sup>(c)(d)</sup> | 400 | 270636 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/25/42<sup>(d)</sup> | 200 | 170652 |
| Rongshi International Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 11/05/25 (Call 10/05/25)<sup>(d)</sup> | 200 | 182272 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 11/22/26 (Call 10/22/26)<sup>(d)</sup> | 600 | 544734 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/21/24<sup>(d)</sup> | 200 | 196046 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/04/27<sup>(d)</sup> | 400 | 389000 |
| Senaat Sukuk Ltd., 4.76%, 12/05/25<sup>(d)</sup> | 200 | 198114 |
| Sixth Street Specialty Lending Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 08/01/26 (Call 07/01/26) | 220 | 196854 |
| &nbsp;&nbsp;&nbsp;3.88%, 11/01/24 (Call 10/01/24) | 105 | 102043 |
| Stena AB, 7.00%, 02/01/24<sup>(b)(c)</sup> | 225 | 224946 |
| Stena International SA, 6.13%, 02/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/01/23)<sup>(b)</sup> | 535 | 506854 |
| Swire Pacific MTN Financing HK Ltd., 2.88%, 01/30/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/30/29)<sup>(d)</sup> | 400 | 353468 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Holding Companies - Diversified (continued)** |  |  |
| Swire Pacific MTN Financing Ltd., 3.00%, 07/05/24<sup>(d)</sup> | $600 | $584004 |
| Temasek Financial I Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 10/06/30 (Call 07/06/30)<sup>(b)</sup> | 500 | 397040 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 08/02/31 (Call 05/02/31)<sup>(b)(c)</sup> | 1000 | 818150 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 04/06/51 (Call 10/06/50)<sup>(b)(c)</sup> | 600 | 399636 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 08/02/41 (Call 02/02/41)<sup>(b)(c)</sup> | 500 | 373020 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/06/70 (Call 04/06/70)<sup>(b)</sup> | 750 | 476843 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 08/02/61 (Call 02/02/61)<sup>(b)</sup> | 600 | 422742 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 07/23/42<sup>(b)(c)</sup> | 500 | 433500 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 08/01/28 (Call 05/01/28)<sup>(b)(c)</sup> | 850 | 830246 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 11/23/39<sup>(b)</sup> | 250 | 276938 |
| Xi Yang Overseas Ltd., 4.30%, 06/05/24<sup>(d)</sup> | 200 | 194744 |
| Yieldking Investment Ltd., 2.80%, 08/18/26<sup>(d)</sup> | 600 | 526902 |
| Zhongyuan Sincere Investment Co. Ltd., 4.25%, 06/28/24<sup>(d)</sup> | 200 | 194990 |
| Zhongyuan Zhicheng Co. Ltd., 3.20%, 07/06/26<sup>(d)</sup> | 400 | 360296 |
|  |  | 76327713 |
| **Home Builders — 0.1%** |  |  |
| Adams Homes Inc., 7.50%, 02/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/23)<sup>(b)(c)</sup> | 120 | 103529 |
| Ashton Woods USA LLC/Ashton Woods Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/01/29 (Call 08/01/24)<sup>(b)</sup> | 220 | 183564 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/01/30 (Call 04/01/25)<sup>(b)</sup> | 295 | 246349 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 150 | 137062 |
| Beazer Homes USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.88%, 10/15/27 (Call 10/15/23) | 235 | 212055 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 03/15/25 (Call 03/15/23)<sup>(c)</sup> | 153 | 150023 |
| &nbsp;&nbsp;&nbsp;7.25%, 10/15/29 (Call 10/15/24) | 230 | 212545 |
| Brookfield Residential Properties Inc./Brookfield |  |  |
| Residential U.S. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | 340 | 264459 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 245 | 194755 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 09/15/27 (Call 09/15/23)<sup>(b)</sup> | 412 | 367121 |
| Century Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/15/29 (Call 02/15/29)<sup>(b)</sup> | 340 | 286083 |
| &nbsp;&nbsp;&nbsp;6.75%, 06/01/27 (Call 06/01/23) | 310 | 306844 |
| DR Horton Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.30%, 10/15/26 (Call 09/15/26) | 1040 | 916157 |
| &nbsp;&nbsp;&nbsp;1.40%, 10/15/27 (Call 08/15/27) | 330 | 281876 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/15/24 (Call 09/15/24) | 415 | 399421 |
| &nbsp;&nbsp;&nbsp;2.60%, 10/15/25 (Call 09/15/25) | 401 | 377092 |
| Empire Communities Corp., 7.00%, 12/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/15/23)<sup>(b)</sup> | 350 | 316750 |
| Forestar Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 05/15/26 (Call 05/15/23)<sup>(b)</sup> | 235 | 210647 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/01/28 (Call 03/01/23)<sup>(b)</sup> | 200 | 175784 |
| Installed Building Products Inc., 5.75%, 02/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/01/23)<sup>(b)</sup> | 330 | 304161 |
| K Hovnanian Enterprises Inc., 10.50%, 02/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/23)<sup>(b)(c)</sup> | 10 | 9963 |
| KB Home |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 06/15/31 (Call 12/15/30) | 230 | 193255 |
| &nbsp;&nbsp;&nbsp;4.80%, 11/15/29 (Call 05/15/29) | 250 | 224572 |
| &nbsp;&nbsp;&nbsp;6.88%, 06/15/27 (Call 12/15/26) | 310 | 316938 |
| &nbsp;&nbsp;&nbsp;7.25%, 07/15/30 (Call 07/15/25) | 200 | 200856 |
| Lennar Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 04/30/24 (Call 01/30/24) | 422 | 419654 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/30/25 (Call 02/28/25) | 465 | 459899 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/29/27 (Call 05/29/27) | 1295 | 1277362 |
| &nbsp;&nbsp;&nbsp;5.00%, 06/15/27 (Call 12/15/26) | 740 | 739127 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/01/26 (Call 12/01/25) | 295 | 298481 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Home Builders (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.88%, 11/15/24 (Call 05/15/24) | $290 | $293057 |
| LGI Homes Inc., 4.00%, 07/15/29 (Call 01/15/29)<sup>(b)(c)</sup> | 205 | 166015 |
| M/I Homes Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 02/15/30 (Call 08/15/29) | 255 | 214524 |
| &nbsp;&nbsp;&nbsp;4.95%, 02/01/28 (Call 02/01/23) | 390 | 360118 |
| Mattamy Group Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/30 (Call 03/01/25)<sup>(b)</sup> | 390 | 329211 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 360 | 329357 |
| MDC Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 01/15/31 (Call 07/15/30) | 576 | 438595 |
| &nbsp;&nbsp;&nbsp;3.85%, 01/15/30 (Call 07/15/29) | 415 | 354323 |
| &nbsp;&nbsp;&nbsp;3.97%, 08/06/61 (Call 02/06/61) | 270 | 162408 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/15/43 (Call 10/15/42) | 445 | 394688 |
| Meritage Homes Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/15/29 (Call 10/15/28)<sup>(b)</sup> | 205 | 181628 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/06/27 (Call 12/06/26) | 335 | 322866 |
| &nbsp;&nbsp;&nbsp;6.00%, 06/01/25 (Call 03/01/25) | 213 | 213984 |
| New Home Co. Inc. (The), 7.25%, 10/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/23)<sup>(b)(c)</sup> | 185 | 161085 |
| NVR Inc., 3.00%, 05/15/30 (Call 11/15/29) | 140 | 122396 |
| PulteGroup Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 01/15/27 (Call 10/15/26) | 564 | 566786 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/01/26 (Call 12/01/25) | 920 | 930000 |
| &nbsp;&nbsp;&nbsp;6.00%, 02/15/35 | 303 | 308139 |
| &nbsp;&nbsp;&nbsp;6.38%, 05/15/33 | 345 | 361177 |
| &nbsp;&nbsp;&nbsp;7.88%, 06/15/32 | 238 | 273928 |
| Shea Homes LP/Shea Homes Funding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/28 (Call 02/15/23) | 312 | 277845 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/01/29 (Call 04/01/24) | 225 | 196137 |
| STL Holding Co. LLC, 7.50%, 02/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/23)<sup>(b)</sup> | 130 | 114079 |
| Taylor Morrison Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 08/01/30 (Call 02/01/30)<sup>(b)</sup> | 330 | 301653 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/28 (Call 10/15/27)<sup>(b)</sup> | 285 | 276564 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/15/27 (Call 03/15/27)<sup>(b)</sup> | 345 | 339356 |
| Taylor Morrison Communities Inc./Taylor Morrison |  |  |
| &nbsp;&nbsp;&nbsp;Holdings II Inc., 5.63%, 03/01/24 (Call 12/01/23)<sup>(b)</sup> | 205 | 204213 |
| Thor Industries Inc., 4.00%, 10/15/29 (Call 10/15/24)<sup>(b)</sup> | 325 | 270189 |
| Toll Brothers Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 11/01/29 (Call 08/01/29) | 235 | 210694 |
| &nbsp;&nbsp;&nbsp;4.35%, 02/15/28 (Call 11/15/27) | 345 | 326677 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 11/15/25 (Call 08/15/25)<sup>(c)</sup> | 454 | 446613 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/27 (Call 12/15/26) | 475 | 463191 |
| TRI Pointe Group Inc./TRI Pointe Homes Inc., 5.88%, 06/15/24 | 267 | 266423 |
| Tri Pointe Homes Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 06/01/27 (Call 12/01/26) | 183 | 172236 |
| &nbsp;&nbsp;&nbsp;5.70%, 06/15/28 (Call 12/15/27) | 245 | 229857 |
| Winnebago Industries Inc., 6.25%, 07/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/30/23)<sup>(b)</sup> | 220 | 212100 |
|  |  | 20578496 |
| **Home Furnishings — 0.0%** |  |  |
| Harman International Industries Inc., 4.15%, 05/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 02/15/25) | 60 | 59044 |
| Leggett & Platt Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/27 (Call 08/15/27) | 343 | 321782 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/51 (Call 05/15/51) | 530 | 391956 |
| &nbsp;&nbsp;&nbsp;3.80%, 11/15/24 (Call 08/15/24) | 20 | 19540 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/15/29 (Call 12/15/28) | 401 | 389166 |
| Midea Investment Development Co. Ltd., 2.88%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;02/24/27 (Call 01/24/27)<sup>(d)</sup> | 400 | 370156 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Home Furnishings (continued)** |  |  |
| Panasonic Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.68%, 07/19/24 (Call 06/19/24)<sup>(b)</sup> | $245 | $235795 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.11%, 07/19/29 (Call 04/19/29)<sup>(b)</sup> | 365 | 329745 |
| TCL Technology Investment, 1.88%, 07/14/25<sup>(d)</sup> | 200 | 182814 |
| Tempur Sealy International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/15/31 (Call 10/15/26)<sup>(b)</sup> | 560 | 461978 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 615 | 537159 |
| Whirlpool Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 05/15/31 (Call 02/15/31) | 415 | 343720 |
| &nbsp;&nbsp;&nbsp;3.70%, 05/01/25 | 420 | 410395 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/46 (Call 12/01/45) | 435 | 368319 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 05/15/50 (Call 11/15/49)<sup>(c)</sup> | 455 | 392583 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 05/14/32 (Call 02/14/32)<sup>(c)</sup> | 195 | 191699 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/26/29 (Call 11/26/28) | 948 | 941288 |
|  |  | 5947139 |
| **Household Products & Wares — 0.1%** |  |  |
| ACCO Brands Corp., 4.25%, 03/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/15/24)<sup>(b)</sup> | 410 | 354662 |
| Avery Dennison Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 02/15/32 (Call 11/15/31) | 500 | 399710 |
| &nbsp;&nbsp;&nbsp;2.65%, 04/30/30 (Call 01/30/30) | 405 | 346097 |
| &nbsp;&nbsp;&nbsp;4.88%, 12/06/28 (Call 09/06/28) | 1110 | 1114174 |
| Central Garden & Pet Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 10/15/30 (Call 10/15/25) | 447 | 380084 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/30/31 (Call 04/30/26)<sup>(b)</sup> | 247 | 207366 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/01/28 (Call 01/01/24)<sup>(c)</sup> | 225 | 214313 |
| Church & Dwight Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 12/15/31 (Call 09/15/31) | 315 | 263494 |
| &nbsp;&nbsp;&nbsp;3.15%, 08/01/27 (Call 05/01/27) | 425 | 405144 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/01/47 (Call 02/01/47) | 399 | 338328 |
| &nbsp;&nbsp;&nbsp;5.00%, 06/15/52 (Call 12/15/51) | 485 | 487731 |
| &nbsp;&nbsp;&nbsp;5.60%, 11/15/32 (Call 08/15/32) | 270 | 290358 |
| Clorox Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 05/15/30 (Call 02/15/30) | 88 | 72559 |
| &nbsp;&nbsp;&nbsp;3.10%, 10/01/27 (Call 07/01/27) | 849 | 801278 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/15/28 (Call 02/15/28) | 260 | 254004 |
| &nbsp;&nbsp;&nbsp;4.40%, 05/01/29 (Call 03/01/29) | 5 | 4941 |
| &nbsp;&nbsp;&nbsp;4.60%, 05/01/32 (Call 02/01/32) | 35 | 35048 |
| Kimberly-Clark Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.05%, 09/15/27 (Call 07/15/27) | 1010 | 881679 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/02/31 (Call 08/02/31) | 315 | 264020 |
| &nbsp;&nbsp;&nbsp;2.75%, 02/15/26 | 422 | 404310 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 02/07/50 (Call 08/07/49)<sup>(c)</sup> | 473 | 353270 |
| &nbsp;&nbsp;&nbsp;3.05%, 08/15/25 | 560 | 542136 |
| &nbsp;&nbsp;&nbsp;3.10%, 03/26/30 (Call 12/26/29) | 593 | 548525 |
| &nbsp;&nbsp;&nbsp;3.20%, 04/25/29 (Call 01/25/29) | 718 | 673857 |
| &nbsp;&nbsp;&nbsp;3.20%, 07/30/46 (Call 01/30/46) | 620 | 492168 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/04/47 (Call 11/04/46) | 430 | 381595 |
| &nbsp;&nbsp;&nbsp;3.95%, 11/01/28 (Call 08/01/28) | 392 | 388202 |
| &nbsp;&nbsp;&nbsp;5.30%, 03/01/41 | 85 | 90478 |
| &nbsp;&nbsp;&nbsp;6.63%, 08/01/37 | 472 | 575104 |
| Kimberly-Clark de Mexico SAB de CV, 2.43%, 07/01/31 (Call 04/01/31)<sup>(d)</sup> | 400 | 334660 |
| Kronos Acquisition Holdings Inc./KIK Custom Products Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/31/26 (Call 06/30/23)<sup>(b)</sup> | 411 | 372962 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 12/31/27 (Call 12/31/23)<sup>(b)</sup> | 360 | 313412 |
| Reckitt Benckiser Treasury Services PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 06/26/24 (Call 04/26/24)<sup>(b)</sup> | 1776 | 1724496 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 06/26/27 (Call 03/26/27)<sup>(b)</sup> | 673 | 635898 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Household Products & Wares (continued)** |  |  |
| SC Johnson & Son Inc., 4.75%, 10/15/46 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/15/46)<sup>(b)</sup> | $860 | $816157 |
| Spectrum Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 03/15/31 (Call 03/15/26)<sup>(b)(c)</sup> | 275 | 221777 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 270 | 238847 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/15/30 (Call 07/15/25)<sup>(b)</sup> | 250 | 226750 |
| &nbsp;&nbsp;&nbsp;5.75%, 07/15/25 (Call 07/15/23) | 226 | 224298 |
|  |  | 16673892 |
| **Housewares — 0.0%** |  |  |
| American Greetings Corp., 8.75%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 25 | 24749 |
| CD&R Smokey Buyer Inc., 6.75%, 07/15/25 (Call 07/15/23)<sup>(b)</sup> | 460 | 417344 |
| Newell Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/01/24 (Call 09/01/24)<sup>(c)</sup> | 325 | 315832 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/01/26 (Call 01/01/26) | 1505 | 1429614 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/01/25 (Call 05/01/25) | 405 | 395730 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/01/36 (Call 10/01/35) | 275 | 244876 |
| &nbsp;&nbsp;&nbsp;5.75%, 04/01/46 (Call 10/01/45) | 467 | 388843 |
| &nbsp;&nbsp;&nbsp;6.38%, 09/15/27 (Call 06/15/27) | 305 | 306647 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 09/15/29 (Call 06/15/29)<sup>(c)</sup> | 300 | 304131 |
| Scotts Miracle-Gro Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/31 (Call 04/01/26) | 310 | 251757 |
| &nbsp;&nbsp;&nbsp;4.38%, 02/01/32 (Call 08/01/26) | 270 | 220728 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/15/29 (Call 10/15/24)<sup>(c)</sup> | 355 | 308570 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 12/15/26 (Call 12/15/23)<sup>(c)</sup> | 380 | 374232 |
| SWF Escrow Issuer Corp., 6.50%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 450 | 295483 |
| Turkiye Sise ve Cam Fabrikalari AS, 6.95%, 03/14/26 (Call 12/14/25)<sup>(d)</sup> | 400 | 388732 |
|  |  | 5667268 |
| **Insurance — 1.3%** |  |  |
| ACE Capital Trust II, Series N, 9.70%, 04/01/30 | 258 | 325085 |
| Acrisure LLC/Acrisure Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 475 | 394340 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 08/01/29 (Call 08/01/24)<sup>(b)</sup> | 355 | 292808 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 11/15/25 (Call 03/03/23)<sup>(b)</sup> | 615 | 585677 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.13%, 08/01/26 (Call 08/01/23)<sup>(b)</sup> | 260 | 261222 |
| Aegon NV, 5.50%, 04/11/48 (Call 04/11/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(6 mo. LIBOR US + 3.540%)<sup>(a)</sup> | 240 | 228946 |
| Aflac Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 10/15/26 (Call 07/15/26) | 332 | 314404 |
| &nbsp;&nbsp;&nbsp;3.60%, 04/01/30 (Call 01/01/30) | 570 | 541004 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/15/46 (Call 04/15/46) | 162 | 136760 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/49 (Call 07/15/48) | 440 | 429224 |
| AIA Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, (Call 04/07/26)<sup>(a)(d)(f)</sup> | 400 | 363708 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 03/11/25 (Call 12/11/24)<sup>(b)</sup> | 1390 | 1344936 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 09/16/40 (Call 03/16/40)<sup>(b)</sup> | 2195 | 1683236 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/07/30 (Call 01/07/30)<sup>(b)(c)</sup> | 946 | 872165 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 04/09/29 (Call 01/09/29)<sup>(b)</sup> | 947 | 889640 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 04/06/28 (Call 01/06/28)<sup>(b)(c)</sup> | 788 | 758978 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/16/46 (Call 09/16/45)<sup>(b)</sup> | 270 | 245967 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 10/25/27 (Call 09/25/27)<sup>(b)</sup> | 850 | 884561 |
| AIG Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.65%, 06/17/24<sup>(b)</sup> | 935 | 882341 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.90%, 09/22/25<sup>(b)</sup> | 825 | 744529 |
| AIG SunAmerica Global Financing X, 6.90%, 03/15/32<sup>(b)</sup> | 381 | 423417 |
| Alleghany Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 08/15/51 (Call 02/15/51) | 410 | 310706 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 05/15/30 (Call 02/15/30) | $35 | $33238 |
| &nbsp;&nbsp;&nbsp;4.90%, 09/15/44 (Call 03/15/44) | 100 | 97972 |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 500 | 458525 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 11/01/29 (Call 11/01/24)<sup>(b)</sup> | 279 | 243274 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 1005 | 941112 |
| Allied World Assurance Co. Holdings Ltd., 4.35%, 10/29/25 (Call 07/29/25) | 219 | 211580 |
| Allstate Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 12/15/25 (Call 11/15/25) | 530 | 476655 |
| &nbsp;&nbsp;&nbsp;1.45%, 12/15/30 (Call 09/15/30) | 655 | 521354 |
| &nbsp;&nbsp;&nbsp;3.28%, 12/15/26 (Call 09/15/26) | 441 | 425605 |
| &nbsp;&nbsp;&nbsp;3.85%, 08/10/49 (Call 02/10/49) | 465 | 391270 |
| &nbsp;&nbsp;&nbsp;4.20%, 12/15/46 (Call 06/15/46) | 548 | 485462 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/15/43 | 443 | 415406 |
| &nbsp;&nbsp;&nbsp;5.35%, 06/01/33 | 88 | 92748 |
| &nbsp;&nbsp;&nbsp;5.55%, 05/09/35 | 192 | 205615 |
| &nbsp;&nbsp;&nbsp;5.95%, 04/01/36 | 50 | 55247 |
| &nbsp;&nbsp;&nbsp;6.50%, 05/15/67 (Call 05/15/37), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.120%)<sup>(a)</sup> | 109 | 109062 |
| American Equity Investment Life Holding Co., 5.00%, 06/15/27 (Call 03/15/27) | 386 | 383337 |
| American Financial Group Inc./OH |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 06/15/47 (Call 12/15/46) | 574 | 494817 |
| &nbsp;&nbsp;&nbsp;5.25%, 04/02/30 (Call 01/02/30) | 175 | 178224 |
| American International Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 06/30/25 (Call 05/30/25) | 868 | 826275 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/30/30 (Call 03/30/30) | 210 | 192226 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/15/35 (Call 07/15/34) | 250 | 230708 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/01/26 (Call 01/01/26) | 578 | 566220 |
| &nbsp;&nbsp;&nbsp;4.13%, 02/15/24 | 396 | 393917 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/01/28 (Call 01/01/28) | 205 | 199861 |
| &nbsp;&nbsp;&nbsp;4.38%, 06/30/50 (Call 12/30/49) | 770 | 701701 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/16/44 (Call 01/16/44) | 330 | 308425 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/01/48 (Call 10/01/47) | 829 | 791770 |
| &nbsp;&nbsp;&nbsp;4.80%, 07/10/45 (Call 01/10/45) | 784 | 749865 |
| &nbsp;&nbsp;&nbsp;Series A-9, 5.75%, 04/01/48 (Call 04/01/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.868%)<sup>(a)</sup> | 559 | 549967 |
| American National Group Inc., 6.14%, 06/13/32 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/13/32)<sup>(b)</sup> | 100 | 97031 |
| Americo Life Inc., 3.45%, 04/15/31<sup>(b)</sup> | 630 | 495426 |
| AmFam Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.81%, 03/11/31 (Call 12/11/30)<sup>(b)</sup> | 780 | 619421 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.83%, 03/11/51 (Call 09/11/50)<sup>(b)</sup> | 370 | 256336 |
| AmWINS Group Inc., 4.88%, 06/30/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/30/24)<sup>(b)</sup> | 520 | 457808 |
| Aon Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 05/15/30 (Call 02/15/30) | 1403 | 1244194 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/02/29 (Call 02/02/29) | 224 | 212520 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/15/28 (Call 09/15/28) | 1235 | 1222489 |
| &nbsp;&nbsp;&nbsp;6.25%, 09/30/40 | 190 | 207081 |
| &nbsp;&nbsp;&nbsp;8.21%, 01/01/27 | 585 | 606692 |
| Aon Corp./Aon Global Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 08/23/31 (Call 05/23/31) | 625 | 512950 |
| &nbsp;&nbsp;&nbsp;2.60%, 12/02/31 (Call 09/02/31) | 230 | 195252 |
| &nbsp;&nbsp;&nbsp;2.85%, 05/28/27 (Call 04/28/27) | 120 | 112488 |
| &nbsp;&nbsp;&nbsp;2.90%, 08/23/51 (Call 02/23/51) | 155 | 106902 |
| &nbsp;&nbsp;&nbsp;3.90%, 02/28/52 (Call 08/28/51) | 250 | 206453 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/12/32 (Call 06/12/32) | 210 | 214843 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| Aon Global Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 06/14/24 (Call 03/01/24) | $755 | $741221 |
| &nbsp;&nbsp;&nbsp;3.88%, 12/15/25 (Call 09/15/25) | 650 | 636811 |
| &nbsp;&nbsp;&nbsp;4.60%, 06/14/44 (Call 03/14/44) | 565 | 519054 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/15/45 (Call 11/15/44) | 312 | 293639 |
| Arch Capital Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.01%, 12/15/26 (Call 09/15/26) | 72 | 71375 |
| &nbsp;&nbsp;&nbsp;5.03%, 12/15/46 (Call 06/15/46) | 443 | 406856 |
| Arch Capital Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.64%, 06/30/50 (Call 12/30/49) | 536 | 406476 |
| &nbsp;&nbsp;&nbsp;7.35%, 05/01/34 | 208 | 244700 |
| Arch Capital Group U.S. Inc., 5.14%, 11/01/43 | 648 | 621276 |
| Argentum Netherlands BV for Swiss Re Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;5.63%, 08/15/52 (Call 08/15/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.784%)<sup>(a)(d)</sup> | 400 | 389248 |
| &nbsp;&nbsp;&nbsp;5.75%, 08/15/50 (Call 08/15/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.593%)<sup>(a)(d)</sup> | 400 | 392644 |
| Arthur J Gallagher & Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 11/09/31 (Call 08/09/31) | 585 | 481361 |
| &nbsp;&nbsp;&nbsp;3.05%, 03/09/52 (Call 09/09/51) | 460 | 314686 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/20/51 (Call 11/20/50) | 325 | 246776 |
| Ascot Group Ltd., 4.25%, 12/15/30 (Call 12/15/25)<sup>(b)</sup> | 305 | 266652 |
| Assurant Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 01/15/32 (Call 10/15/31) | 115 | 88875 |
| &nbsp;&nbsp;&nbsp;3.70%, 02/22/30 (Call 11/22/29) | 346 | 307314 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/27/28 (Call 12/27/27) | 202 | 199093 |
| &nbsp;&nbsp;&nbsp;7.00%, 03/27/48 (Call 03/27/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 4.135%)<sup>(a)</sup> | 246 | 246995 |
| Assured Guaranty Municipal Holdings Inc., 6.40%, 12/15/66 | 100 | 94811 |
| Assured Guaranty U.S. Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 06/15/31 (Call 03/15/31) | 155 | 135532 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/15/51 (Call 03/15/51) | 153 | 112343 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/01/24<sup>(c)</sup> | 143 | 143279 |
| AssuredPartners Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/15/29 (Call 12/15/23)<sup>(b)</sup> | 375 | 320228 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 08/15/25 (Call 03/03/23)<sup>(b)</sup> | 321 | 316763 |
| Athene Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.91%, 08/19/24<sup>(b)</sup> | 1420 | 1319251 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 04/16/24<sup>(b)</sup> | 1120 | 1056462 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.45%, 01/08/26<sup>(b)</sup> | 25 | 22262 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.61%, 06/29/26<sup>(b)</sup> | 625 | 546919 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.72%, 01/07/25<sup>(b)</sup> | 200 | 186534 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.73%, 10/02/26<sup>(b)</sup> | 935 | 816199 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.99%, 08/19/28<sup>(b)</sup> | 1395 | 1163081 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/14/25<sup>(b)</sup> | 226 | 213502 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 03/24/28<sup>(b)</sup> | 15 | 13067 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.55%, 06/29/25<sup>(b)</sup> | 1055 | 975379 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.55%, 11/19/30<sup>(b)</sup> | 550 | 446825 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.67%, 06/07/31<sup>(b)</sup> | 220 | 175580 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.72%, 01/07/29<sup>(b)</sup> | 200 | 171378 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 06/25/24<sup>(b)</sup> | 1258 | 1206573 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 11/12/26<sup>(b)</sup> | 448 | 408594 |
| Athene Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 05/15/52 (Call 11/15/51) | 40 | 26952 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/31 (Call 10/15/30) | 707 | 603750 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/25/51 (Call 11/25/50) | 420 | 308179 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/12/28 (Call 10/12/27) | 906 | 862403 |
| &nbsp;&nbsp;&nbsp;6.15%, 04/03/30 (Call 01/03/30) | 170 | 174787 |
| &nbsp;&nbsp;&nbsp;6.65%, 02/01/33 (Call 11/01/32) | 300 | 317097 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| AXA SA |  |  |
| &nbsp;&nbsp;&nbsp;5.13%, 01/17/47 (Call 01/17/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.883%)<sup>(a)(d)</sup> | $400 | $393448 |
| &nbsp;&nbsp;&nbsp;8.60%, 12/15/30 | 10 | 12384 |
| AXIS Specialty Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 07/15/29 (Call 04/15/29) | 356 | 331881 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.90%, 01/15/40 (Call 01/15/30)<sup>(a)</sup> | 171 | 146113 |
| AXIS Specialty Finance PLC, 4.00%, 12/06/27 (Call 09/06/27) | 625 | 597825 |
| Beazley Insurance DAC, 5.50%, 09/10/29<sup>(d)</sup> | 400 | 368768 |
| Belrose Funding Trust, 2.33%, 08/15/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/15/30)<sup>(b)</sup> | 1133 | 893914 |
| Berkshire Hathaway Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 10/15/30 (Call 07/15/30) | 1120 | 919576 |
| &nbsp;&nbsp;&nbsp;1.85%, 03/12/30 (Call 12/12/29) | 408 | 350448 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 03/15/27 (Call 02/15/27)<sup>(c)</sup> | 600 | 565056 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/15/51 (Call 07/15/50) | 892 | 606221 |
| &nbsp;&nbsp;&nbsp;2.85%, 10/15/50 (Call 04/15/50) | 1248 | 900707 |
| &nbsp;&nbsp;&nbsp;2.88%, 03/15/32 (Call 12/15/31) | 150 | 134411 |
| &nbsp;&nbsp;&nbsp;3.85%, 03/15/52 (Call 09/15/51) | 800 | 689880 |
| &nbsp;&nbsp;&nbsp;4.20%, 08/15/48 (Call 02/15/48) | 1271 | 1188703 |
| &nbsp;&nbsp;&nbsp;4.25%, 01/15/49 (Call 07/15/48) | 1380 | 1301340 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/15/43 | 115 | 110723 |
| &nbsp;&nbsp;&nbsp;4.40%, 05/15/42 | 558 | 548291 |
| &nbsp;&nbsp;&nbsp;5.75%, 01/15/40 | 988 | 1129709 |
| Berkshire Hathaway Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 03/15/26 (Call 12/15/25) | 1735 | 1685552 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/11/43 | 745 | 742229 |
| Brighthouse Financial Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.55%, 05/24/26<sup>(b)</sup> | 160 | 143008 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 01/13/25<sup>(b)</sup> | 200 | 185826 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/28/28<sup>(b)(c)</sup> | 215 | 182015 |
| Brighthouse Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.85%, 12/22/51 (Call 06/22/51) | 60 | 42222 |
| &nbsp;&nbsp;&nbsp;4.70%, 06/22/47 (Call 12/22/46) | 776 | 630197 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/15/30 (Call 02/15/30)<sup>(c)</sup> | 760 | 761216 |
| BroadStreet Partners Inc., 5.88%, 04/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/15/24)<sup>(b)</sup> | 470 | 414907 |
| Brown & Brown Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 03/15/31 (Call 12/15/30) | 780 | 628150 |
| &nbsp;&nbsp;&nbsp;4.20%, 09/15/24 (Call 06/15/24) | 940 | 932076 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/17/32 (Call 12/17/31) | 190 | 173956 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/29 (Call 12/15/28) | 152 | 145645 |
| &nbsp;&nbsp;&nbsp;4.95%, 03/17/52 (Call 09/17/51) | 260 | 234437 |
| Chubb Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 05/11/37 | 264 | 296525 |
| &nbsp;&nbsp;&nbsp;Series 1, 6.50%, 05/15/38 | 560 | 663667 |
| Chubb INA Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 09/15/30 (Call 06/15/30) | 754 | 610830 |
| &nbsp;&nbsp;&nbsp;2.85%, 12/15/51 (Call 06/15/51) | 185 | 133923 |
| &nbsp;&nbsp;&nbsp;3.05%, 12/15/61 (Call 06/15/61) | 653 | 464570 |
| &nbsp;&nbsp;&nbsp;3.15%, 03/15/25 | 1239 | 1203738 |
| &nbsp;&nbsp;&nbsp;3.35%, 05/15/24 | 497 | 488993 |
| &nbsp;&nbsp;&nbsp;3.35%, 05/03/26 (Call 02/03/26) | 994 | 964150 |
| &nbsp;&nbsp;&nbsp;4.35%, 11/03/45 (Call 05/03/45) | 1005 | 954177 |
| &nbsp;&nbsp;&nbsp;6.70%, 05/15/36 | 20 | 23215 |
| Cincinnati Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.13%, 11/01/34 | 638 | 686207 |
| &nbsp;&nbsp;&nbsp;6.92%, 05/15/28 | 30 | 32931 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| Cloverie PLC for Zurich Insurance Co. Ltd., |  |  |
| &nbsp;&nbsp;&nbsp;5.63%, 06/24/46 (Call 06/24/26), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 4.918%)<sup>(a)(d)</sup> | $400 | $398752 |
| CNA Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 08/15/30 (Call 05/15/30) | 230 | 187839 |
| &nbsp;&nbsp;&nbsp;3.45%, 08/15/27 (Call 05/10/27) | 395 | 374760 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/01/29 (Call 02/01/29) | 475 | 447046 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/15/24 (Call 02/15/24) | 409 | 403519 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/01/26 (Call 12/01/25) | 655 | 652616 |
| CNO Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 05/30/25 (Call 02/28/25) | 287 | 287095 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/30/29 (Call 02/28/29) | 729 | 711067 |
| CNO Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.65%, 01/06/25<sup>(b)</sup> | 430 | 401199 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 10/07/26<sup>(b)</sup> | 300 | 269451 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.65%, 01/06/29<sup>(b)</sup> | 200 | 174926 |
| Corebridge Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/04/25 (Call 03/04/25)<sup>(b)</sup> | 300 | 290037 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.65%, 04/05/27 (Call 03/05/27)<sup>(b)</sup> | 800 | 764568 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 04/05/29 (Call 02/05/29)<sup>(b)</sup> | 700 | 655984 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 04/05/32 (Call 01/05/32)<sup>(b)</sup> | 575 | 523583 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 04/05/42 (Call 10/05/41)<sup>(b)</sup> | 300 | 262893 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 04/05/52 (Call 10/05/51)<sup>(b)</sup> | 565 | 484047 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 12/15/52 (Call 09/15/27)<sup>(a)(b)</sup> | 680 | 671942 |
| Doctors Co. An Interinsurance Exchange (The), 4.50%, 01/18/32 (Call 10/18/31)<sup>(b)</sup> | 370 | 314951 |
| Empower Finance 2020 LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.36%, 09/17/27 (Call 07/17/27)<sup>(b)</sup> | 30 | 25726 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.78%, 03/17/31 (Call 12/17/30)<sup>(b)</sup> | 892 | 713056 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.08%, 09/17/51 (Call 03/17/51)<sup>(b)</sup> | 760 | 508797 |
| Enstar Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/42 (Call 01/15/27)<sup>(a)</sup> | 356 | 293192 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/01/40 (Call 09/01/25)<sup>(a)</sup> | 390 | 350840 |
| Enstar Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 09/01/31 (Call 03/01/31) | 560 | 434017 |
| &nbsp;&nbsp;&nbsp;4.95%, 06/01/29 (Call 03/01/29) | 442 | 416253 |
| Equitable Financial Life Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 08/12/24<sup>(b)</sup> | 545 | 511373 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 01/09/26<sup>(b)</sup> | 370 | 331120 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.10%, 11/12/24<sup>(b)</sup> | 670 | 627957 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.30%, 07/12/26<sup>(b)</sup> | 1350 | 1196208 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.40%, 07/07/25<sup>(b)</sup> | 875 | 803066 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.40%, 08/27/27<sup>(b)</sup> | 155 | 132685 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 11/12/26<sup>(b)(c)</sup> | 1210 | 1077275 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 11/15/30<sup>(b)</sup> | 922 | 739057 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.80%, 03/08/28<sup>(b)</sup> | 657 | 565040 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/02/25<sup>(b)</sup> | 750 | 757177 |
| Equitable Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.35%, 04/20/28 (Call 01/20/28) | 948 | 924992 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/20/48 (Call 10/20/47) | 572 | 540088 |
| &nbsp;&nbsp;&nbsp;5.59%, 01/11/33 | 900 | 921483 |
| &nbsp;&nbsp;&nbsp;7.00%, 04/01/28 | 63 | 69267 |
| Everest Reinsurance Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 10/15/52 (Call 04/15/52) | 644 | 449460 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/15/50 (Call 04/15/50) | 245 | 182591 |
| &nbsp;&nbsp;&nbsp;4.87%, 06/01/44 | 95 | 88141 |
| F&G Annuities & Life Inc., 7.40%, 01/13/28 | 400 | 410200 |
| F&G Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.90%, 09/20/24<sup>(b)</sup> | 435 | 403254 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 06/30/26<sup>(b)</sup> | 505 | 456505 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 09/20/28<sup>(b)</sup> | 801 | 679817 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 04/11/27<sup>(b)</sup> | $500 | $447120 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.15%, 07/07/25<sup>(b)</sup> | 100 | 98535 |
| Fairfax Financial Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 03/03/31 (Call 12/03/30) | 245 | 207574 |
| &nbsp;&nbsp;&nbsp;4.63%, 04/29/30 (Call 01/29/30) | 296 | 278947 |
| &nbsp;&nbsp;&nbsp;4.85%, 04/17/28 (Call 01/17/28) | 455 | 442196 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 08/16/32 (Call 05/16/32)<sup>(b)</sup> | 50 | 48705 |
| Farmers Exchange Capital, 7.05%, 07/15/28<sup>(b)</sup> | 250 | 263278 |
| Farmers Exchange Capital II, 6.15%, 11/01/53 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/01/33), (3 mo. LIBOR US + 3.744%)<sup>(a)(b)</sup> | 585 | 584058 |
| Farmers Exchange Capital III, 5.45%, 10/15/54 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/34), (3 mo. LIBOR US + 3.454%)<sup>(a)(b)</sup> | 35 | 32964 |
| Farmers Insurance Exchange, 4.75%, 11/01/57 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/01/37), (3 mo. LIBOR US + 1.374%)<sup>(a)(b)</sup> | 790 | 658639 |
| Fidelity & Guaranty Life Holdings Inc., 5.50%, 05/01/25 (Call 02/01/25)<sup>(b)</sup> | 180 | 179696 |
| Fidelity National Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 03/15/31 (Call 12/15/30) | 533 | 432215 |
| &nbsp;&nbsp;&nbsp;3.20%, 09/17/51 (Call 03/17/51) | 270 | 170516 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/15/30 (Call 03/15/30) | 640 | 565523 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/15/28 (Call 05/15/28) | 81 | 79315 |
| First American Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 08/15/31 (Call 05/15/31) | 110 | 85597 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/15/30 (Call 02/15/30) | 100 | 91329 |
| Five Corners Funding Trust II, 2.85%, 05/15/30 (Call 02/15/30)<sup>(b)</sup> | 843 | 730611 |
| FWD Ltd., 5.00%, 09/24/24<sup>(d)</sup> | 200 | 195614 |
| GA Global Funding Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 04/08/24<sup>(b)</sup> | 1218 | 1150328 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 01/15/26<sup>(b)</sup> | 640 | 578042 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.95%, 09/15/28<sup>(b)</sup> | 150 | 127698 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 01/06/27<sup>(b)</sup> | 350 | 314605 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.90%, 01/06/32<sup>(b)</sup> | 300 | 245580 |
| Genworth Holdings Inc., 6.50%, 06/15/34 | 240 | 216010 |
| Global Atlantic Fin Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 06/15/31 (Call 03/15/31)<sup>(b)</sup> | 740 | 572723 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 10/15/29 (Call 07/15/29)<sup>(b)</sup> | 795 | 689265 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 10/15/51 (Call 07/15/26)<sup>(a)(b)</sup> | 512 | 442829 |
| Globe Life Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.15%, 08/15/30 (Call 05/15/30) | 920 | 754501 |
| &nbsp;&nbsp;&nbsp;4.55%, 09/15/28 (Call 06/15/28) | 322 | 324054 |
| Great-West Lifeco Finance 2018 LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.05%, 05/17/28 (Call 02/17/28)<sup>(b)</sup> | 200 | 192318 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.58%, 05/17/48 (Call 11/17/47)<sup>(b)</sup> | 430 | 382924 |
| Great-West Lifeco Finance Delaware LP, 4.15%, 06/03/47 (Call 12/03/46)<sup>(b)</sup> | 309 | 258426 |
| Great-West Lifeco U.S. Finance 2020 LP, 0.90%, 08/12/25 (Call 07/12/25)<sup>(b)</sup> | 1753 | 1576718 |
| GTCR AP Finance Inc., 8.00%, 05/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/15/23)<sup>(b)</sup> | 440 | 432054 |
| Guardian Life Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.40%, 07/06/27<sup>(b)(c)</sup> | 210 | 184107 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 09/16/28<sup>(b)</sup> | 88 | 75160 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.90%, 05/06/24<sup>(b)</sup> | 190 | 185505 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 03/29/27<sup>(b)</sup> | 500 | 477730 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.55%, 10/28/27<sup>(b)</sup> | 500 | 520700 |
| Guardian Life Insurance Co. of America (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 01/22/70 (Call 07/22/69)<sup>(b)</sup> | 361 | 262469 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 01/24/77<sup>(b)</sup> | 565 | 502257 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/19/64<sup>(b)</sup> | 438 | 405299 |
| Guoren Property & Casualty Insurance Co Ltd., 3.35%, 06/01/26 (Call 03/01/26)<sup>(d)</sup> | 400 | 350320 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| Hanover Insurance Group Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/30 (Call 06/01/30) | $325 | $257998 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/26 (Call 01/15/26) | 18 | 17830 |
| Hanwha Life Insurance Co. Ltd., 3.38%, 02/04/32 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/04/27)<sup>(a)(d)</sup> | 600 | 527928 |
| Hartford Financial Services Group Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 08/19/29 (Call 05/19/29) | 540 | 482458 |
| &nbsp;&nbsp;&nbsp;2.90%, 09/15/51 (Call 03/15/51) | 190 | 131607 |
| &nbsp;&nbsp;&nbsp;3.60%, 08/19/49 (Call 02/19/49) | 670 | 533018 |
| &nbsp;&nbsp;&nbsp;4.30%, 04/15/43 | 542 | 476266 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/15/48 (Call 09/15/47) | 165 | 147206 |
| &nbsp;&nbsp;&nbsp;5.95%, 10/15/36 | 460 | 491303 |
| &nbsp;&nbsp;&nbsp;6.10%, 10/01/41 | 237 | 252734 |
| High Street Funding Trust I, 4.11%, 02/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/15/27)<sup>(b)</sup> | 205 | 195759 |
| High Street Funding Trust II, 4.68%, 02/15/48 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/15/47)<sup>(b)(c)</sup> | 405 | 345991 |
| Hill City Funding Trust, 4.05%, 08/15/41 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/41)<sup>(b)</sup> | 375 | 278179 |
| Hub International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 335 | 301276 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 05/01/26 (Call 05/01/23)<sup>(b)</sup> | 1242 | 1235479 |
| Intact Financial Corp., 5.46%, 09/22/32 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/22/32)<sup>(b)</sup> | 175 | 178875 |
| Jackson Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/23/51 (Call 05/23/51) | 235 | 164963 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.17%, 06/08/27 (Call 05/08/27)<sup>(c)</sup> | 250 | 253280 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.67%, 06/08/32 (Call 03/08/32)<sup>(c)</sup> | 205 | 203419 |
| Jackson National Life Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.65%, 06/21/24<sup>(b)</sup> | 425 | 408803 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.05%, 04/29/26<sup>(b)</sup> | 457 | 428926 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.05%, 06/21/29<sup>(b)</sup> | 150 | 131568 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/11/25<sup>(b)</sup> | 425 | 411102 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/09/26<sup>(b)</sup> | 500 | 506800 |
| John Hancock Life Insurance Co., 7.38%, 02/15/24<sup>(b)</sup> | 360 | 365818 |
| Jones Deslauriers Insurance Management Inc., 10.50%, 12/15/30 | 290 | 294895 |
| Kemper Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 09/30/30 (Call 06/30/30) | 190 | 152388 |
| &nbsp;&nbsp;&nbsp;3.80%, 02/23/32 (Call 11/23/31) | 270 | 235532 |
| &nbsp;&nbsp;&nbsp;4.35%, 02/15/25 (Call 11/15/24) | 180 | 176904 |
| Kyobo Life Insurance Co. Ltd., 5.90%, 06/15/52 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/15/27)<sup>(a)(d)</sup> | 400 | 387696 |
| La Mondiale SAM, 5.88%, 01/26/47 (Call 01/26/27)<sup>(a)(d)</sup> | 600 | 573456 |
| Legal & General Group PLC, 5.25%, 03/21/47 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/21/27)<sup>(a)(d)</sup> | 200 | 193172 |
| Liberty Mutual Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 10/15/50 (Call 04/15/50)<sup>(b)</sup> | 370 | 287708 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 05/15/60 (Call 11/15/59)<sup>(b)</sup> | 930 | 692692 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/15/51 (Call 12/15/26)<sup>(a)(b)</sup> | 305 | 260981 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 02/01/61 (Call 02/03/26)<sup>(b)</sup> | 520 | 340267 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.57%, 02/01/29<sup>(b)</sup> | 1120 | 1095517 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 08/01/44<sup>(b)</sup> | 135 | 118423 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/15/52 (Call 12/15/51)<sup>(b)</sup> | 275 | 273105 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.80%, 03/07/87<sup>(b)</sup> | 400 | 444192 |
| Lincoln National Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.05%, 01/15/30 (Call 10/15/29) | 693 | 602460 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/09/25 | 416 | 404319 |
| &nbsp;&nbsp;&nbsp;3.40%, 01/15/31 (Call 10/15/30) | 360 | 315727 |
| &nbsp;&nbsp;&nbsp;3.63%, 12/12/26 (Call 09/15/26) | 728 | 700227 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/01/28 (Call 12/01/27) | 313 | 298114 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.35%, 03/01/48 (Call 09/01/47) | $470 | $384244 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/15/50 (Call 12/15/49)<sup>(c)</sup> | 190 | 152994 |
| &nbsp;&nbsp;&nbsp;6.30%, 10/09/37 | 243 | 253097 |
| &nbsp;&nbsp;&nbsp;7.00%, 06/15/40 | 396 | 443773 |
| Loews Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 05/15/30 (Call 02/15/30) | 670 | 613030 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/26 (Call 01/01/26) | 500 | 489055 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/15/43 (Call 11/15/42) | 452 | 398226 |
| &nbsp;&nbsp;&nbsp;6.00%, 02/01/35 | 35 | 37943 |
| M&G PLC, 6.50%, 10/20/48 (Call 10/20/28)<sup>(a)(d)</sup> | 200 | 202478 |
| Manulife Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.48%, 05/19/27 (Call 03/19/27) | 596 | 550871 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/16/32 (Call 12/16/31) | 150 | 139235 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.06%, 02/24/32 (Call 02/24/27)<sup>(a)</sup> | 295 | 273778 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/04/26 | 1428 | 1412149 |
| &nbsp;&nbsp;&nbsp;5.38%, 03/04/46 | 606 | 634833 |
| Markel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.35%, 09/17/29 (Call 06/17/29) | 745 | 676691 |
| &nbsp;&nbsp;&nbsp;3.45%, 05/07/52 (Call 11/07/51) | 190 | 139137 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/01/27 (Call 08/01/27) | 160 | 152424 |
| &nbsp;&nbsp;&nbsp;4.15%, 09/17/50 (Call 03/17/50) | 316 | 260994 |
| &nbsp;&nbsp;&nbsp;4.30%, 11/01/47 (Call 05/01/47) | 360 | 299851 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/05/46 | 369 | 340539 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/20/49 (Call 11/20/48) | 385 | 359867 |
| Marsh & McLennan Companies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 11/15/30 (Call 08/15/30) | 931 | 787458 |
| &nbsp;&nbsp;&nbsp;2.38%, 12/15/31 (Call 09/15/31) | 175 | 146746 |
| &nbsp;&nbsp;&nbsp;2.90%, 12/15/51 (Call 06/15/51) | 225 | 161028 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/03/24 (Call 03/03/24) | 382 | 376369 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/10/25 (Call 12/10/24) | 505 | 493829 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/14/26 (Call 12/14/25) | 453 | 444302 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/15/24 (Call 02/15/24) | 1133 | 1121160 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/01/48 (Call 09/01/47) | 430 | 385727 |
| &nbsp;&nbsp;&nbsp;4.35%, 01/30/47 (Call 07/30/46) | 326 | 298280 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/29 (Call 12/15/28) | 1708 | 1691347 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/39 (Call 09/15/38) | 380 | 373506 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/15/49 (Call 09/15/48) | 859 | 855014 |
| &nbsp;&nbsp;&nbsp;5.75%, 11/01/32 (Call 08/01/32) | 200 | 216884 |
| &nbsp;&nbsp;&nbsp;5.88%, 08/01/33 | 235 | 258021 |
| &nbsp;&nbsp;&nbsp;6.25%, 11/01/52 (Call 05/01/52) | 200 | 240848 |
| Massachusetts Mutual Life Insurance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 12/01/61<sup>(b)</sup> | 625 | 417487 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/15/50<sup>(b)</sup> | 215 | 164271 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.73%, 10/15/70<sup>(b)</sup> | 548 | 400029 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.90%, 04/01/77<sup>(b)</sup> | 219 | 200177 |
| &nbsp;&nbsp;&nbsp;5.08%, 02/15/69 (Call 02/15/49), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.191%)<sup>(a)(b)</sup> | 915 | 844115 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.67%, 12/01/52 (Call 06/01/52)<sup>(b)</sup> | 1035 | 1105908 |
| MassMutual Global Funding II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.60%, 04/12/24<sup>(b)</sup> | 948 | 900790 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.55%, 10/09/30<sup>(b)(c)</sup> | 125 | 99638 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.35%, 01/14/27<sup>(b)(c)</sup> | 1100 | 1012693 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 06/22/24<sup>(b)</sup> | 858 | 834027 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.80%, 03/21/25<sup>(b)</sup> | 300 | 287832 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 01/11/25<sup>(b)</sup> | 250 | 241938 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/08/26<sup>(b)</sup> | 760 | 733408 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 08/26/25<sup>(b)</sup> | 200 | 197352 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.05%, 12/07/27<sup>(b)</sup> | 1025 | 1046863 |
| MBIA Inc., 5.70%, 12/01/34<sup>(c)</sup> | 205 | 194274 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| Meiji Yasuda Life Insurance Co., 5.20%, 10/20/45 (Call 10/20/25)<sup>(a)(b)</sup> | $200 | $198038 |
| Mercury General Corp., 4.40%, 03/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 12/15/26) | 500 | 482670 |
| Met Tower Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 09/14/26<sup>(b)</sup> | 205 | 181507 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 06/13/25<sup>(b)</sup> | 700 | 681940 |
| MetLife Capital Trust IV, 7.88%, 12/15/67 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/15/32)<sup>(b)</sup> | 630 | 693000 |
| MetLife Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/25 | 501 | 485719 |
| &nbsp;&nbsp;&nbsp;3.60%, 04/10/24 | 635 | 627932 |
| &nbsp;&nbsp;&nbsp;3.60%, 11/13/25 (Call 08/13/25) | 256 | 250342 |
| &nbsp;&nbsp;&nbsp;4.05%, 03/01/45 | 864 | 771379 |
| &nbsp;&nbsp;&nbsp;4.13%, 08/13/42 | 520 | 472441 |
| &nbsp;&nbsp;&nbsp;4.55%, 03/23/30 (Call 12/23/29) | 855 | 868834 |
| &nbsp;&nbsp;&nbsp;4.60%, 05/13/46 (Call 11/13/45) | 407 | 388779 |
| &nbsp;&nbsp;&nbsp;4.72%, 12/15/44 | 510 | 489263 |
| &nbsp;&nbsp;&nbsp;4.88%, 11/13/43 | 608 | 604474 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/15/52 (Call 01/15/52) | 490 | 496968 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/54 | 1000 | 1041310 |
| &nbsp;&nbsp;&nbsp;5.70%, 06/15/35 | 726 | 798723 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/06/41 | 695 | 753936 |
| &nbsp;&nbsp;&nbsp;6.38%, 06/15/34 | 500 | 583925 |
| &nbsp;&nbsp;&nbsp;6.40%, 12/15/66 (Call 12/15/31) | 1123 | 1147144 |
| &nbsp;&nbsp;&nbsp;6.50%, 12/15/32 | 465 | 535522 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.25%, 04/08/68 (Call 04/08/33)<sup>(b)</sup> | 215 | 260513 |
| &nbsp;&nbsp;&nbsp;10.75%, 08/01/69 (Call 08/01/34) | 520 | 714860 |
| Metropolitan Life Global Funding, 2.40%, 01/11/32<sup>(b)</sup> | 450 | 379575 |
| Metropolitan Life Global Funding I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.70%, 09/27/24<sup>(b)</sup> | 165 | 153818 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.95%, 07/02/25<sup>(b)</sup> | 245 | 224528 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.55%, 01/07/31<sup>(b)</sup> | 295 | 238195 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 01/11/27<sup>(b)</sup> | 800 | 720208 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.80%, 03/21/25<sup>(b)</sup> | 165 | 158633 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 04/09/30<sup>(b)</sup> | 685 | 618014 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/19/27<sup>(b)</sup> | 225 | 208537 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.05%, 06/17/29<sup>(b)</sup> | 273 | 249077 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 03/21/29<sup>(b)</sup> | 300 | 277839 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 12/18/26<sup>(b)</sup> | 773 | 736638 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 08/25/29<sup>(b)</sup> | 300 | 294225 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 06/30/27<sup>(b)</sup> | 150 | 148436 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/06/26 | 200 | 202692 |
| &nbsp;&nbsp;&nbsp;5.05%, 01/06/28 | 200 | 203882 |
| MGIC Investment Corp., 5.25%, 08/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 08/15/23) | 495 | 466443 |
| Muang Thai Life Assurance PCL, 3.55%, 01/27/37 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/27/26)<sup>(a)(d)</sup> | 400 | 355248 |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, 5.88%, 05/23/42 (Call 11/23/31)<sup>(a)(b)</sup> | 400 | 408568 |
| Munich Re America Corp., Series B, 7.45%, 12/15/26 | 305 | 332895 |
| Mutual of Omaha Insurance Co., 4.30%, 07/15/54 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/15/24)<sup>(a)(b)</sup> | 395 | 380112 |
| National Life Insurance Co., 5.25%, 07/19/68 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/19/48), (3 mo. LIBOR US + 3.314%)<sup>(a)(b)(c)</sup> | 25 | 22487 |
| Nationwide Financial Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 11/30/49 (Call 05/30/49)<sup>(b)</sup> | 1070 | 827677 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.30%, 11/18/44<sup>(b)</sup> | 733 | 677307 |
| &nbsp;&nbsp;&nbsp;6.75%, 05/15/87 | 50 | 49442 |
| Nationwide Mutual Insurance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 04/30/50 (Call 10/30/49)<sup>(b)</sup> | 1445 | 1184308 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 04/22/44<sup>(b)</sup> | $78 | $69926 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 12/01/31<sup>(b)</sup> | 125 | 146259 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.38%, 08/15/39<sup>(b)</sup> | 475 | 651614 |
| New York Life Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.60%, 08/27/24<sup>(b)</sup> | 900 | 842868 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.85%, 01/15/26<sup>(b)</sup> | 475 | 427975 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.90%, 10/29/24<sup>(b)</sup> | 100 | 93589 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.95%, 06/24/25<sup>(b)</sup> | 693 | 634407 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.15%, 06/09/26<sup>(b)</sup> | 1000 | 895690 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.20%, 08/07/30<sup>(b)</sup> | 50 | 39719 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.45%, 01/14/25<sup>(b)</sup> | 200 | 188082 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.85%, 08/01/31<sup>(b)</sup> | 525 | 431140 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/22/25<sup>(b)</sup> | 1185 | 1123795 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.35%, 07/14/26<sup>(b)</sup> | 100 | 93083 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/10/24<sup>(b)</sup> | 746 | 729715 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/10/28<sup>(b)</sup> | 333 | 313280 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 06/06/24<sup>(b)</sup> | 420 | 411260 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/07/27<sup>(b)</sup> | 230 | 220352 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 08/05/25<sup>(b)</sup> | 300 | 292122 |
| &nbsp;&nbsp;&nbsp;4.55%, 01/28/33 | 650 | 651651 |
| &nbsp;&nbsp;&nbsp;4.85%, 01/09/28 | 500 | 509110 |
| New York Life Insurance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/15/50 (Call 11/15/49)<sup>(b)</sup> | 1231 | 1025595 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 05/15/69 (Call 11/15/68)<sup>(b)</sup> | 857 | 761650 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 05/15/33<sup>(b)</sup> | 530 | 568685 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 11/15/39<sup>(b)</sup> | 454 | 534367 |
| Nippon Life Insurance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/21/51 (Call 01/21/31)<sup>(a)(b)</sup> | 660 | 557693 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.90%, 09/16/51 (Call 09/16/31)<sup>(a)(b)</sup> | 645 | 537949 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 01/23/50 (Call 01/23/30)<sup>(a)(b)</sup> | 1030 | 913167 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 01/20/46 (Call 01/20/26)<sup>(a)(b)</sup> | 835 | 819302 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.10%, 10/16/44 (Call 10/16/24)<sup>(a)(b)</sup> | 1705 | 1688206 |
| NMI Holdings Inc., 7.38%, 06/01/25 (Call 03/30/25)<sup>(b)</sup> | 365 | 369128 |
| Northwestern Mutual Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 01/14/26<sup>(b)</sup> | 110 | 98589 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 06/01/28<sup>(b)</sup> | 300 | 259617 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 01/11/27<sup>(b)</sup> | 750 | 678810 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/01/25<sup>(b)</sup> | 1000 | 983390 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 09/15/27<sup>(b)</sup> | 450 | 446904 |
| Northwestern Mutual Life Insurance Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 03/30/51 (Call 09/30/50)<sup>(b)</sup> | 300 | 228030 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 09/30/59 (Call 03/30/59)<sup>(b)</sup> | 1136 | 855135 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 09/30/47 (Call 03/30/47)<sup>(b)</sup> | 886 | 730711 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.06%, 03/30/40<sup>(b)</sup> | 252 | 272543 |
| Ohio National Financial Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.80%, 01/24/30 (Call 10/24/29)<sup>(b)</sup> | 375 | 351439 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 05/01/31<sup>(b)(c)</sup> | 25 | 24486 |
| Old Republic International Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.85%, 06/11/51 (Call 12/11/50) | 465 | 352349 |
| &nbsp;&nbsp;&nbsp;3.88%, 08/26/26 (Call 07/26/26) | 303 | 290995 |
| &nbsp;&nbsp;&nbsp;4.88%, 10/01/24 (Call 09/01/24) | 25 | 25004 |
| OneAmerica Financial Partners Inc., 4.25%, 10/15/50 (Call 04/15/50)<sup>(b)</sup> | 165 | 124783 |
| Pacific Life Global Funding II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.20%, 06/24/25<sup>(b)</sup> | 800 | 732864 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 04/14/26<sup>(b)</sup> | 1240 | 1109515 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.45%, 01/20/28<sup>(b)</sup> | 90 | 75727 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.60%, 09/21/28<sup>(b)</sup> | 1038 | 860232 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 01/11/32<sup>(b)</sup> | 925 | 756576 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| Pacific Life Insurance Co., 4.30%, 10/24/67 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/24/47), (3 mo. LIBOR US + 2.796%)<sup>(a)(b)</sup> | $454 | $369660 |
| Pacific LifeCorp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.35%, 09/15/50 (Call 03/15/50)<sup>(b)</sup> | 880 | 659287 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/30/43<sup>(b)</sup> | 50 | 48446 |
| PartnerRe Finance B LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 07/02/29 (Call 04/02/29) | 524 | 489002 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/50 (Call 04/01/30)<sup>(a)</sup> | 115 | 102996 |
| Penn Mutual Life Insurance Co. (The), 3.80%, 04/29/61<sup>(b)</sup> | 310 | 219936 |
| Phoenix Group Holdings PLC, 5.38%, 07/06/27<sup>(d)</sup> | 200 | 195236 |
| Pricoa Global Funding I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 09/01/25<sup>(b)</sup> | 490 | 444283 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.15%, 12/06/24<sup>(b)</sup> | 685 | 639639 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.20%, 09/01/26<sup>(b)</sup> | 660 | 589156 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.40%, 09/23/24<sup>(b)</sup> | 820 | 786831 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 08/28/25<sup>(b)</sup> | 410 | 404133 |
| Primerica Inc., 2.80%, 11/19/31 (Call 08/19/31)<sup>(c)</sup> | 225 | 190973 |
| Principal Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.13%, 06/15/30 (Call 03/12/30) | 1020 | 858718 |
| &nbsp;&nbsp;&nbsp;3.10%, 11/15/26 (Call 08/15/26) | 815 | 769270 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/15/25 (Call 02/15/25) | 669 | 649873 |
| &nbsp;&nbsp;&nbsp;3.70%, 05/15/29 (Call 02/15/29) | 510 | 484714 |
| &nbsp;&nbsp;&nbsp;4.30%, 11/15/46 (Call 05/15/46) | 120 | 104742 |
| &nbsp;&nbsp;&nbsp;4.35%, 05/15/43 | 180 | 153214 |
| &nbsp;&nbsp;&nbsp;4.63%, 09/15/42 | 300 | 266355 |
| &nbsp;&nbsp;&nbsp;6.05%, 10/15/36 | 10 | 10787 |
| Principal Life Global Funding, 1.38%, 01/10/25<sup>(b)</sup> | 545 | 508572 |
| Principal Life Global Funding II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 04/12/24<sup>(b)</sup> | 720 | 684446 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 08/23/24<sup>(b)</sup> | 30 | 28046 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 01/12/26<sup>(b)</sup> | 725 | 647599 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 06/23/25<sup>(b)</sup> | 940 | 863277 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 08/16/26<sup>(b)</sup> | 350 | 308609 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 11/17/26<sup>(b)</sup> | 300 | 266478 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 08/27/30<sup>(b)</sup> | 475 | 372419 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 11/19/30<sup>(b)</sup> | 275 | 214346 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 11/21/24<sup>(b)</sup> | 650 | 619645 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/16/29<sup>(b)</sup> | 320 | 280557 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 04/18/26<sup>(b)</sup> | 450 | 423688 |
| Progressive Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 01/15/27 | 346 | 322756 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/15/27 (Call 02/15/27) | 565 | 527998 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/15/32 (Call 12/15/31) | 235 | 212285 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/26/30 (Call 12/26/29) | 235 | 217782 |
| &nbsp;&nbsp;&nbsp;3.70%, 01/26/45 | 330 | 273257 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/15/52 (Call 09/15/51) | 245 | 206758 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/26/50 (Call 09/26/49) | 280 | 245308 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/29 (Call 12/01/28) | 332 | 327000 |
| &nbsp;&nbsp;&nbsp;4.13%, 04/15/47 (Call 10/15/46) | 685 | 622144 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/15/48 (Call 09/15/47) | 454 | 413281 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/25/44 | 146 | 132943 |
| &nbsp;&nbsp;&nbsp;6.25%, 12/01/32 | 10 | 11295 |
| &nbsp;&nbsp;&nbsp;6.63%, 03/01/29 | 251 | 279571 |
| Protective Life Corp., 4.30%, 09/30/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/30/28)<sup>(b)</sup> | 402 | 386487 |
| Protective Life Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.78%, 07/05/24<sup>(b)</sup> | 1235 | 1161530 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.17%, 07/15/25<sup>(b)</sup> | 1500 | 1363680 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.30%, 09/20/26<sup>(b)</sup> | 995 | 876615 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.62%, 04/15/26<sup>(b)</sup> | 845 | 766829 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.65%, 01/13/25<sup>(b)</sup> | $250 | $233313 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.10%, 04/15/24<sup>(b)</sup> | 200 | 195168 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.22%, 03/28/25<sup>(b)</sup> | 1205 | 1154800 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.71%, 07/06/27<sup>(b)</sup> | 423 | 418127 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.37%, 01/06/26<sup>(b)</sup> | 1600 | 1628112 |
| Provident Financing Trust I, 7.41%, 03/15/38 | 125 | 132941 |
| Prudential Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 03/10/26 (Call 02/10/26) | 422 | 385235 |
| &nbsp;&nbsp;&nbsp;2.10%, 03/10/30 (Call 12/10/29) | 305 | 261245 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/10/40 (Call 09/10/39) | 563 | 447523 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 10/01/50 (Call 07/01/30)<sup>(a)</sup> | 320 | 276275 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/13/51 (Call 09/13/50) | 1201 | 991221 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/27/28 (Call 12/27/27) | 599 | 587535 |
| &nbsp;&nbsp;&nbsp;3.91%, 12/07/47 (Call 06/07/47) | 738 | 630274 |
| &nbsp;&nbsp;&nbsp;3.94%, 12/07/49 (Call 06/07/49) | 805 | 685860 |
| &nbsp;&nbsp;&nbsp;4.35%, 02/25/50 (Call 08/25/49) | 634 | 576832 |
| &nbsp;&nbsp;&nbsp;4.42%, 03/27/48 (Call 09/27/47) | 385 | 354073 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/15/47 (Call 09/15/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.380%)<sup>(a)</sup> | 855 | 803093 |
| &nbsp;&nbsp;&nbsp;4.60%, 05/15/44 | 496 | 481814 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 03/01/52 (Call 11/28/31)<sup>(a)</sup> | 120 | 112180 |
| &nbsp;&nbsp;&nbsp;5.20%, 03/15/44 (Call 03/15/24), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.040%)<sup>(a)</sup> | 629 | 616709 |
| &nbsp;&nbsp;&nbsp;5.38%, 05/15/45 (Call 05/15/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.031%)<sup>(a)</sup> | 1285 | 1259968 |
| &nbsp;&nbsp;&nbsp;5.70%, 12/14/36 | 569 | 624130 |
| &nbsp;&nbsp;&nbsp;5.70%, 09/15/48 (Call 09/15/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.665%)<sup>(a)</sup> | 1278 | 1251839 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/15/33<sup>(c)</sup> | 115 | 125532 |
| &nbsp;&nbsp;&nbsp;6.63%, 12/01/37 | 90 | 104137 |
| &nbsp;&nbsp;&nbsp;6.63%, 06/21/40 | 35 | 40147 |
| Prudential Insurance Co. of America (The), 8.30%, 07/01/25<sup>(b)</sup> | 735 | 784627 |
| Prudential PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 11/03/33 (Call 08/03/28)<sup>(a)(d)</sup> | 700 | 608587 |
| &nbsp;&nbsp;&nbsp;3.13%, 04/14/30 | 880 | 797113 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/24/32 (Call 12/24/31) | 600 | 552858 |
| QBE Insurance Group Ltd., 5.25%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/16/25)<sup>(a)(d)(f)</sup> | 200 | 187598 |
| Reinsurance Group of America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 06/15/30 (Call 03/15/30) | 568 | 502595 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/15/29 (Call 02/15/29) | 706 | 667368 |
| &nbsp;&nbsp;&nbsp;3.95%, 09/15/26 (Call 06/15/26) | 400 | 389772 |
| Reliance Standard Life Global Funding II |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.51%, 09/28/26<sup>(b)</sup> | 835 | 732437 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/30/24<sup>(b)</sup> | 135 | 128561 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/21/27<sup>(b)</sup> | 210 | 192074 |
| RenaissanceRe Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 07/01/27 (Call 04/01/27) | 228 | 216538 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/01/25 (Call 01/01/25) | 35 | 34137 |
| RenaissanceRe Holdings Ltd., 3.60%, 04/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 01/15/29) | 267 | 247063 |
| RGA Global Funding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 11/30/26<sup>(b)</sup> | 635 | 575500 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 01/18/29<sup>(b)</sup> | 500 | 440135 |
| Ryan Specialty Group LLC, 4.38%, 02/01/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/01/25)<sup>(b)</sup> | 275 | 247811 |
| Sagicor Financial Co. Ltd., 5.30%, 05/13/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/13/24)<sup>(b)</sup> | 465 | 452487 |
| Sammons Financial Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.35%, 04/16/31 (Call 01/16/31)<sup>(b)</sup> | 250 | 200675 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 05/12/27 (Call 02/12/27)<sup>(b)</sup> | $20 | $18909 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/08/32 (Call 01/08/32)<sup>(b)</sup> | 950 | 831202 |
| SBL Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/18/31 (Call 11/18/30)<sup>(b)(c)</sup> | 723 | 601847 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 11/13/26 (Call 09/13/26)<sup>(b)</sup> | 555 | 499877 |
| Securian Financial Group Inc., 4.80%, 04/15/48<sup>(b)</sup> | 95 | 80150 |
| Security Benefit Global Funding, 1.25%, 05/17/24<sup>(b)</sup> | 70 | 66177 |
| Selective Insurance Group Inc., 5.38%, 03/01/49 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 09/01/48) | 80 | 74542 |
| Sirius International Group Ltd., 4.60%, 11/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/01/26)<sup>(b)</sup> | 1295 | 1115578 |
| Stewart Information Services Corp., 3.60%, 11/15/31 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 08/15/31) | 200 | 158594 |
| Sumitomo Life Insurance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/15/81 (Call 04/15/31)<sup>(a)(b)</sup> | 520 | 454163 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/14/77 (Call 09/14/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.993%)<sup>(a)(b)(c)</sup> | 935 | 886595 |
| Swiss Re Finance Luxembourg SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, (Call 09/04/24)<sup>(a)(d)(f)</sup> | 400 | 370368 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/02/49 (Call 04/02/29)<sup>(a)(b)</sup> | 520 | 504400 |
| Teachers Insurance & Annuity Association of America |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 05/15/50 (Call 11/15/49)<sup>(b)</sup> | 1057 | 793849 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.27%, 05/15/47 (Call 11/15/46)<sup>(b)</sup> | 1599 | 1433743 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 09/15/54 (Call 09/15/24)<sup>(a)(b)</sup> | 1055 | 1023877 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.90%, 09/15/44<sup>(b)</sup> | 1246 | 1217030 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.85%, 12/16/39<sup>(b)</sup> | 459 | 531848 |
| Tongyang Life Insurance Co. Ltd., 5.25%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/22/25)<sup>(a)(d)(f)</sup> | 200 | 169590 |
| Transatlantic Holdings Inc., 8.00%, 11/30/39 | 130 | 170515 |
| Travelers Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.55%, 04/27/50 (Call 10/27/49) | 185 | 127541 |
| &nbsp;&nbsp;&nbsp;3.05%, 06/08/51 (Call 12/08/50) | 629 | 474631 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/15/46 (Call 11/15/45) | 250 | 209158 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/30/47 (Call 11/30/46) | 470 | 414065 |
| &nbsp;&nbsp;&nbsp;4.05%, 03/07/48 (Call 09/07/47) | 82 | 72302 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/04/49 (Call 09/04/48) | 582 | 511939 |
| &nbsp;&nbsp;&nbsp;4.30%, 08/25/45 (Call 02/25/45) | 490 | 451437 |
| &nbsp;&nbsp;&nbsp;4.60%, 08/01/43 | 210 | 201562 |
| &nbsp;&nbsp;&nbsp;5.35%, 11/01/40 | 550 | 587207 |
| &nbsp;&nbsp;&nbsp;6.25%, 06/15/37 | 705 | 814451 |
| &nbsp;&nbsp;&nbsp;6.75%, 06/20/36 | 230 | 273061 |
| Travelers Property Casualty Corp., 6.38%, 03/15/33 | 162 | 184468 |
| Trinity Acquisition PLC, 4.40%, 03/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 12/15/25) | 259 | 254978 |
| Unum Group |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 06/15/29 (Call 03/15/29) | 130 | 122134 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/15/51 (Call 12/15/50) | 115 | 86552 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/15/49 (Call 06/15/49) | 525 | 406959 |
| &nbsp;&nbsp;&nbsp;5.75%, 08/15/42 | 430 | 423976 |
| USI Inc./NY, 6.88%, 05/01/25 (Call 03/03/23)<sup>(b)</sup> | 439 | 436840 |
| Vigorous Champion International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 06/02/25<sup>(d)</sup> | 400 | 374488 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/28/29<sup>(d)</sup> | 400 | 368760 |
| Voya Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.65%, 06/15/26 | 438 | 421352 |
| &nbsp;&nbsp;&nbsp;4.70%, 01/23/48 (Call 01/23/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.084%)<sup>(a)</sup> | 305 | 261184 |
| &nbsp;&nbsp;&nbsp;4.80%, 06/15/46 | 170 | 148889 |
| &nbsp;&nbsp;&nbsp;5.70%, 07/15/43 | 265 | 267870 |
| W R Berkley Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 09/30/61 (Call 03/30/61) | 430 | 285726 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Insurance (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 05/12/50 (Call 11/12/49) | $60 | $49655 |
| &nbsp;&nbsp;&nbsp;4.75%, 08/01/44 | 305 | 286032 |
| Western & Southern Financial Group Inc., 5.75%, 07/15/33<sup>(b)</sup> | 5 | 5247 |
| Western & Southern Life Insurance Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/28/61 (Call 10/28/60)<sup>(b)</sup> | 167 | 121369 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.15%, 01/15/49 (Call 07/15/48)<sup>(b)</sup> | 210 | 201711 |
| Willis North America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 09/15/29 (Call 06/15/29) | 544 | 480706 |
| &nbsp;&nbsp;&nbsp;3.60%, 05/15/24 (Call 03/15/24) | 910 | 890890 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/15/49 (Call 03/15/49) | 503 | 387370 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/15/28 (Call 06/15/28) | 644 | 627063 |
| &nbsp;&nbsp;&nbsp;4.65%, 06/15/27 (Call 05/15/27) | 325 | 321730 |
| &nbsp;&nbsp;&nbsp;5.05%, 09/15/48 (Call 03/15/48) | 320 | 288707 |
| Willow No. 2 Ireland PLC for Zurich Insurance Co. Ltd., |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 10/01/45 (Call 10/01/25), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.177%)<sup>(a)(d)</sup> | 600 | 561252 |
| XLIT Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 12/15/43 | 353 | 368228 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/31/45 | 465 | 475700 |
| ZhongAn Online P&C Insurance Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 07/16/25 (Call 04/16/25)<sup>(d)</sup> | 800 | 718728 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/08/26 (Call 12/08/25)<sup>(d)</sup> | 400 | 355968 |
|  |  | 274571669 |
| **Internet — 0.7%** |  |  |
| Acuris Finance Us Inc./Acuris Finance SARL, 5.00%, 05/01/28 (Call 05/01/24)<sup>(b)</sup> | 250 | 204188 |
| Alibaba Group Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 02/09/31 (Call 11/09/30)<sup>(c)</sup> | 300 | 247110 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/09/41 (Call 08/09/40) | 60 | 41623 |
| &nbsp;&nbsp;&nbsp;3.15%, 02/09/51 (Call 08/09/50) | 1123 | 763180 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/09/61 (Call 08/09/60) | 413 | 273790 |
| &nbsp;&nbsp;&nbsp;3.40%, 12/06/27 (Call 09/06/27) | 2625 | 2464901 |
| &nbsp;&nbsp;&nbsp;3.60%, 11/28/24 (Call 08/28/24) | 4057 | 3957644 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/06/37 (Call 06/06/37) | 990 | 864607 |
| &nbsp;&nbsp;&nbsp;4.20%, 12/06/47 (Call 06/06/47) | 1565 | 1310171 |
| &nbsp;&nbsp;&nbsp;4.40%, 12/06/57 (Call 06/06/57) | 755 | 631210 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/28/34 (Call 05/28/34) | 498 | 468503 |
| Alphabet Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.45%, 08/15/25 (Call 07/15/25) | 807 | 736121 |
| &nbsp;&nbsp;&nbsp;0.80%, 08/15/27 (Call 06/15/27) | 1260 | 1095797 |
| &nbsp;&nbsp;&nbsp;1.10%, 08/15/30 (Call 05/15/30) | 1800 | 1462392 |
| &nbsp;&nbsp;&nbsp;1.90%, 08/15/40 (Call 02/15/40) | 1737 | 1222674 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/15/26 (Call 05/15/26) | 1265 | 1177272 |
| &nbsp;&nbsp;&nbsp;2.05%, 08/15/50 (Call 02/15/50) | 2125 | 1359193 |
| &nbsp;&nbsp;&nbsp;2.25%, 08/15/60 (Call 02/15/60) | 919 | 566361 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/25/24 | 575 | 568376 |
| Amazon.com Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.45%, 05/12/24 | 1850 | 1754892 |
| &nbsp;&nbsp;&nbsp;0.80%, 06/03/25 (Call 05/03/25) | 1530 | 1410507 |
| &nbsp;&nbsp;&nbsp;1.00%, 05/12/26 (Call 04/12/26) | 1852 | 1668059 |
| &nbsp;&nbsp;&nbsp;1.20%, 06/03/27 (Call 04/03/27) | 620 | 546834 |
| &nbsp;&nbsp;&nbsp;1.50%, 06/03/30 (Call 03/03/30) | 1899 | 1575202 |
| &nbsp;&nbsp;&nbsp;1.65%, 05/12/28 (Call 03/12/28) | 1460 | 1287355 |
| &nbsp;&nbsp;&nbsp;2.10%, 05/12/31 (Call 02/12/31) | 1858 | 1582737 |
| &nbsp;&nbsp;&nbsp;2.50%, 06/03/50 (Call 12/03/49) | 1716 | 1163053 |
| &nbsp;&nbsp;&nbsp;2.70%, 06/03/60 (Call 12/03/59) | 1140 | 745286 |
| &nbsp;&nbsp;&nbsp;2.80%, 08/22/24 (Call 06/22/24) | 2213 | 2155905 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/12/41 (Call 11/12/40) | 1480 | 1167069 |
| &nbsp;&nbsp;&nbsp;3.10%, 05/12/51 (Call 11/12/50) | 2024 | 1538847 |
| &nbsp;&nbsp;&nbsp;3.15%, 08/22/27 (Call 05/22/27) | 2228 | 2130904 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Internet (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 05/12/61 (Call 11/12/60) | $1015 | $750055 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/13/27 (Call 03/13/27) | 1365 | 1319859 |
| &nbsp;&nbsp;&nbsp;3.45%, 04/13/29 (Call 02/13/29) | 1098 | 1055881 |
| &nbsp;&nbsp;&nbsp;3.60%, 04/13/32 (Call 01/13/32) | 1683 | 1599978 |
| &nbsp;&nbsp;&nbsp;3.80%, 12/05/24 (Call 09/05/24) | 1093 | 1084824 |
| &nbsp;&nbsp;&nbsp;3.88%, 08/22/37 (Call 02/22/37) | 2305 | 2145471 |
| &nbsp;&nbsp;&nbsp;3.95%, 04/13/52 (Call 10/13/51) | 1620 | 1433020 |
| &nbsp;&nbsp;&nbsp;4.05%, 08/22/47 (Call 02/22/47) | 2098 | 1903977 |
| &nbsp;&nbsp;&nbsp;4.10%, 04/13/62 (Call 10/13/61) | 1515 | 1328867 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/22/57 (Call 02/22/57) | 779 | 713805 |
| &nbsp;&nbsp;&nbsp;4.55%, 12/01/27 (Call 11/01/27) | 1400 | 1417948 |
| &nbsp;&nbsp;&nbsp;4.65%, 12/01/29 (Call 10/01/29) | 1060 | 1078751 |
| &nbsp;&nbsp;&nbsp;4.70%, 11/29/24 | 800 | 803632 |
| &nbsp;&nbsp;&nbsp;4.70%, 12/01/32 (Call 09/01/32) | 1510 | 1545757 |
| &nbsp;&nbsp;&nbsp;4.80%, 12/05/34 (Call 06/05/34) | 910 | 944980 |
| &nbsp;&nbsp;&nbsp;4.95%, 12/05/44 (Call 06/05/44) | 871 | 904324 |
| &nbsp;&nbsp;&nbsp;5.20%, 12/03/25 (Call 09/03/25) | 1010 | 1033765 |
| ANGI Group LLC, 3.88%, 08/15/28 (Call 08/15/23)<sup>(b)(c)</sup> | 305 | 233819 |
| Arches Buyer Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/01/28 (Call 12/01/23)<sup>(b)</sup> | 665 | 558926 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 12/01/28 (Call 12/01/23)<sup>(b)(c)</sup> | 415 | 349671 |
| Baidu Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.63%, 02/23/27 (Call 01/23/27) | 492 | 432566 |
| &nbsp;&nbsp;&nbsp;1.72%, 04/09/26 (Call 03/09/26) | 1210 | 1085310 |
| &nbsp;&nbsp;&nbsp;2.38%, 10/09/30 (Call 07/09/30) | 74 | 62152 |
| &nbsp;&nbsp;&nbsp;2.38%, 08/23/31 (Call 05/23/31) | 744 | 615333 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.08%, 04/07/25 (Call 03/07/25)<sup>(c)</sup> | 1025 | 977040 |
| &nbsp;&nbsp;&nbsp;3.43%, 04/07/30 (Call 01/07/30) | 752 | 685207 |
| &nbsp;&nbsp;&nbsp;3.63%, 07/06/27 | 359 | 340400 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/30/25<sup>(c)</sup> | 820 | 798245 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/14/24 (Call 04/14/24)<sup>(c)</sup> | 740 | 732200 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/29/28 (Call 12/29/27) | 284 | 276508 |
| &nbsp;&nbsp;&nbsp;4.88%, 11/14/28 (Call 08/14/28) | 625 | 622688 |
| Booking Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.55%, 03/15/28 (Call 12/15/27) | 643 | 616611 |
| &nbsp;&nbsp;&nbsp;3.60%, 06/01/26 (Call 03/01/26) | 967 | 940533 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/15/25 (Call 12/15/24) | 226 | 221150 |
| &nbsp;&nbsp;&nbsp;4.63%, 04/13/30 (Call 01/13/30) | 1104 | 1109145 |
| Cablevision Lightpath LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/15/27 (Call 09/15/23)<sup>(b)</sup> | 430 | 367375 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 09/15/28 (Call 09/15/23)<sup>(b)</sup> | 250 | 191623 |
| Cars.com Inc., 6.38%, 11/01/28 (Call 11/01/23)<sup>(b)</sup> | 255 | 236658 |
| Cogent Communications Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/01/26 (Call 02/01/26)<sup>(b)</sup> | 325 | 301142 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 06/15/27 (Call 06/15/24)<sup>(b)</sup> | 270 | 267516 |
| eBay Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.40%, 05/10/26 (Call 04/10/26) | 410 | 369898 |
| &nbsp;&nbsp;&nbsp;1.90%, 03/11/25 (Call 02/11/25) | 1034 | 976644 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.60%, 05/10/31 (Call 02/10/31)<sup>(c)</sup> | 190 | 162220 |
| &nbsp;&nbsp;&nbsp;2.70%, 03/11/30 (Call 12/11/29) | 695 | 611044 |
| &nbsp;&nbsp;&nbsp;3.45%, 08/01/24 (Call 05/01/24) | 532 | 521812 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 06/05/27 (Call 03/05/27)<sup>(c)</sup> | 635 | 613264 |
| &nbsp;&nbsp;&nbsp;3.65%, 05/10/51 (Call 11/10/50) | 341 | 265949 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/15/42 (Call 01/15/42) | 575 | 489498 |
| &nbsp;&nbsp;&nbsp;5.95%, 11/22/27 (Call 10/22/27) | 150 | 157547 |
| Endurance International Group Holdings Inc., 6.00%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 470 | 338442 |
| Expedia Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 03/15/31 (Call 12/15/30)<sup>(c)</sup> | 310 | 261079 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/15/30 (Call 11/15/29) | 892 | 784237 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Internet (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 02/15/28 (Call 11/15/27) | $645 | $609731 |
| &nbsp;&nbsp;&nbsp;4.63%, 08/01/27 (Call 05/01/27) | 860 | 846137 |
| &nbsp;&nbsp;&nbsp;5.00%, 02/15/26 (Call 11/15/25) | 403 | 403568 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 05/01/25 (Call 02/01/25)<sup>(b)</sup> | 438 | 445595 |
| Gen Digital Inc., 5.00%, 04/15/25 (Call 02/13/23)<sup>(b)</sup> | 716 | 702052 |
| Getty Images Inc., 9.75%, 03/01/27 (Call 03/01/23)<sup>(b)</sup> | 170 | 168655 |
| Go Daddy Operating Co. LLC/GD Finance Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 580 | 501706 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 12/01/27 (Call 06/01/23)<sup>(b)</sup> | 330 | 319651 |
| GrubHub Holdings Inc., 5.50%, 07/01/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/01/23)<sup>(b)</sup> | 390 | 313076 |
| ION Trading Technologies Sarl, 5.75%, 05/15/28 (Call 05/15/24)<sup>(b)</sup> | 300 | 256953 |
| JD.com Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 01/14/30 (Call 10/14/29) | 1233 | 1127258 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/29/26 | 766 | 739565 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/14/50 (Call 07/14/49) | 415 | 334797 |
| Match Group Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/01/31 (Call 10/01/26)<sup>(b)</sup> | 350 | 280886 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/01/30 (Call 05/01/25)<sup>(b)</sup> | 300 | 257619 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/01/28 (Call 06/01/23)<sup>(b)(c)</sup> | 360 | 330988 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 305 | 292510 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 295 | 278445 |
| Meituan |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 10/28/25 (Call 09/28/25)<sup>(d)</sup> | 1000 | 909360 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.05%, 10/28/30 (Call 07/28/30)<sup>(d)</sup> | 800 | 650080 |
| MercadoLibre Inc., 3.13%, 01/14/31 (Call 10/14/30) | 600 | 475764 |
| Meta Platforms Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 08/15/27 | 2110 | 2025452 |
| &nbsp;&nbsp;&nbsp;3.85%, 08/15/32 | 1510 | 1406127 |
| &nbsp;&nbsp;&nbsp;4.45%, 08/15/52 | 1690 | 1475421 |
| &nbsp;&nbsp;&nbsp;4.65%, 08/15/62 (Call 02/15/62) | 1140 | 1002220 |
| Millennium Escrow Corp., 6.63%, 08/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/01/23)<sup>(b)</sup> | 585 | 406616 |
| NAVER Corp., 1.50%, 03/29/26<sup>(d)</sup> | 600 | 536958 |
| Netflix Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/25 (Call 03/15/25)<sup>(b)</sup> | 445 | 431152 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/15/26 | 695 | 690837 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/15/28 | 1126 | 1125043 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/15/30 (Call 03/15/30)<sup>(b)</sup> | 665 | 658157 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 11/15/29<sup>(b)</sup> | 645 | 653314 |
| &nbsp;&nbsp;&nbsp;5.75%, 03/01/24 | 252 | 254699 |
| &nbsp;&nbsp;&nbsp;5.88%, 02/15/25 | 433 | 440461 |
| &nbsp;&nbsp;&nbsp;5.88%, 11/15/28 | 1348 | 1403470 |
| &nbsp;&nbsp;&nbsp;6.38%, 05/15/29 | 569 | 610173 |
| Northwest Fiber LLC/Northwest Fiber Finance Sub Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/30/27 (Call 10/15/23)<sup>(b)</sup> | 205 | 187212 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/15/28 (Call 02/15/24)<sup>(b)(c)</sup> | 315 | 260171 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.75%, 06/01/28 (Call 06/01/23)<sup>(b)</sup> | 135 | 126463 |
| NortonLifeLock Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 09/30/27 (Call 09/30/24)<sup>(b)</sup> | 580 | 588126 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 09/30/30 (Call 09/30/25)<sup>(b)</sup> | 385 | 390748 |
| Photo Holdings Merger Sub Inc., 8.50%, 10/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/01/23)<sup>(b)</sup> | 537 | 272479 |
| Prosus NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.06%, 07/13/31 (Call 04/13/31)<sup>(d)</sup> | 2300 | 1844048 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.26%, 01/19/27 (Call 12/19/26)<sup>(d)</sup> | 400 | 363448 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.68%, 01/21/30 (Call 10/21/29)<sup>(d)</sup> | 1657 | 1434581 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.83%, 02/08/51 (Call 08/08/50)<sup>(d)</sup> | 1200 | 782544 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.03%, 08/03/50 (Call 02/03/50)<sup>(d)</sup> | 600 | 406362 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.19%, 01/19/32 (Call 10/19/31)<sup>(d)</sup> | 800 | 690272 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Internet (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 07/06/27 (Call 04/06/27)<sup>(d)</sup> | $400 | $384732 |
| Rakuten Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, (Call 04/22/26)<sup>(a)(b)(f)</sup> | 450 | 396000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, (Call 04/22/31)<sup>(a)(b)(c)(f)</sup> | 800 | 649256 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.25%, 11/30/24<sup>(b)</sup> | 575 | 583878 |
| Tencent Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.81%, 01/26/26 (Call 12/26/25)<sup>(d)</sup> | 1000 | 914750 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.39%, 06/03/30 (Call 03/03/30)<sup>(d)</sup> | 1400 | 1178730 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/22/31 (Call 01/22/31)<sup>(c)(d)</sup> | 200 | 172884 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.24%, 06/03/50 (Call 12/03/49)<sup>(d)</sup> | 1800 | 1239372 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.28%, 04/11/24 (Call 03/11/24)<sup>(d)</sup> | 800 | 786640 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.29%, 06/03/60 (Call 12/03/59)<sup>(d)</sup> | 600 | 390882 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.58%, 04/11/26 (Call 02/11/26)<sup>(d)</sup> | 800 | 767256 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 01/19/28 (Call 10/19/27)<sup>(d)</sup> | 1600 | 1513264 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.68%, 04/22/41 (Call 10/22/40)<sup>(d)</sup> | 800 | 638664 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 02/11/25<sup>(c)(d)</sup> | 600 | 585564 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.84%, 04/22/51 (Call 10/22/50)<sup>(d)</sup> | 1000 | 768920 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.93%, 01/19/38 (Call 07/19/37)<sup>(d)</sup> | 1000 | 857840 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.94%, 04/22/61 (Call 10/22/60)<sup>(d)</sup> | 800 | 599328 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.98%, 04/11/29 (Call 01/11/29)<sup>(d)</sup> | 1700 | 1608829 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.53%, 04/11/49 (Call 10/11/48)<sup>(d)</sup> | 400 | 347612 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.69%, 04/11/24, (3 mo. LIBOR US + 0.910%)<sup>(a)(d)</sup> | 600 | 598074 |
| Tencent Music Entertainment Group |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 09/03/25 (Call 08/03/25) | 884 | 795008 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/03/30 (Call 06/03/30) | 985 | 782129 |
| TripAdvisor Inc., 7.00%, 07/15/25 (Call 07/15/23)<sup>(b)</sup> | 430 | 431957 |
| Uber Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/15/29 (Call 08/15/24)<sup>(b)</sup> | 1044 | 930977 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/15/28 (Call 12/17/23)<sup>(b)(c)</sup> | 355 | 347506 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 05/15/25 (Call 05/15/23)<sup>(b)</sup> | 720 | 730930 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 09/15/27 (Call 09/15/23)<sup>(b)</sup> | 758 | 769362 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | 1110 | 1134087 |
| VeriSign Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 06/15/31 (Call 03/15/31) | 528 | 454164 |
| &nbsp;&nbsp;&nbsp;4.75%, 07/15/27 (Call 07/15/23) | 810 | 803836 |
| &nbsp;&nbsp;&nbsp;5.25%, 04/01/25 (Call 01/01/25) | 321 | 322242 |
| Weibo Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 07/08/30 (Call 04/08/30) | 1540 | 1289611 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/05/24 (Call 06/05/24) | 2332 | 2261760 |
| Ziff Davis Inc., 4.63%, 10/15/30 (Call 10/15/25)<sup>(b)</sup> | 375 | 331976 |
|  |  | 133859079 |
| **Iron & Steel — 0.2%** |  |  |
| ABJA Investment Co. Pte Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 01/24/28<sup>(d)</sup> | 800 | 780640 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 07/31/24<sup>(d)</sup> | 600 | 599448 |
| Allegheny Ludlum LLC, 6.95%, 12/15/25 | 52 | 51854 |
| Allegheny Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 10/01/29 (Call 10/01/24) | 200 | 182994 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/01/31 (Call 10/01/26) | 230 | 208833 |
| &nbsp;&nbsp;&nbsp;5.88%, 12/01/27 (Call 12/01/23) | 273 | 264067 |
| ArcelorMittal SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/16/29<sup>(c)</sup> | 545 | 521778 |
| &nbsp;&nbsp;&nbsp;4.55%, 03/11/26 | 630 | 622692 |
| &nbsp;&nbsp;&nbsp;6.55%, 11/29/27 (Call 10/29/27) | 200 | 208726 |
| &nbsp;&nbsp;&nbsp;6.75%, 03/01/41 | 290 | 301464 |
| &nbsp;&nbsp;&nbsp;6.80%, 11/29/32 (Call 08/29/32) | 400 | 420632 |
| &nbsp;&nbsp;&nbsp;7.00%, 10/15/39 | 510 | 549678 |
| Baffinland Iron Mines Corp./Baffinland Iron Mines LP, 8.75%, 07/15/26 (Call 07/15/23)<sup>(b)</sup> | 402 | 392042 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Iron & Steel (continued)** |  |  |
| Big River Steel LLC/BRS Finance Corp., 6.63%, 01/31/29 (Call 09/15/23)<sup>(b)</sup> | $433 | $426804 |
| Carpenter Technology Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.38%, 07/15/28 (Call 07/15/23) | 305 | 300556 |
| &nbsp;&nbsp;&nbsp;7.63%, 03/15/30 (Call 03/15/25) | 205 | 210463 |
| Cleveland-Cliffs Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 240 | 224208 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/01/31 (Call 03/01/26)<sup>(b)(c)</sup> | 335 | 313007 |
| &nbsp;&nbsp;&nbsp;5.88%, 06/01/27 (Call 06/01/23) | 330 | 324446 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 740 | 751411 |
| Cliffs Natural Resources Inc., 6.25%, 10/01/40<sup>(c)</sup> | 185 | 168639 |
| Commercial Metals Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.88%, 02/15/31 (Call 02/15/26) | 185 | 160932 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/15/30 (Call 01/15/25) | 200 | 178992 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/32 (Call 03/15/27) | 195 | 171520 |
| CSN Inova Ventures, 6.75%, 01/28/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/28/24)<sup>(d)</sup> | 800 | 799616 |
| CSN Resources SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/10/31 (Call 06/10/26)<sup>(d)</sup> | 600 | 506898 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/08/32 (Call 04/08/27)<sup>(d)</sup> | 400 | 362884 |
| Gerdau Trade Inc., 4.88%, 10/24/27<sup>(d)</sup> | 400 | 397120 |
| GTL Trade Finance Inc., 7.25%, 04/16/44 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/16/43)<sup>(d)</sup> | 200 | 232864 |
| GUSAP III LP, 4.25%, 01/21/30 (Call 07/21/29)<sup>(d)</sup> | 600 | 567900 |
| Infrabuild Australia Pty Ltd., 12.00%, 10/01/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/01/23)<sup>(b)(c)</sup> | 195 | 185234 |
| JSW Steel Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/05/27 (Call 10/05/26)<sup>(d)</sup> | 200 | 178206 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.05%, 04/05/32 (Call 10/05/31)<sup>(d)</sup> | 400 | 339284 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 04/18/24<sup>(d)</sup> | 400 | 396236 |
| Metinvest BV, 7.75%, 10/17/29<sup>(d)</sup> | 400 | 196950 |
| Mineral Resources Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/01/27 (Call 11/01/24)<sup>(b)</sup> | 380 | 390336 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 05/01/27 (Call 05/01/23)<sup>(b)</sup> | 740 | 746164 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 05/01/30 (Call 05/01/25)<sup>(b)</sup> | 410 | 424662 |
| Nucor Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 06/01/25 (Call 05/01/25) | 835 | 784942 |
| &nbsp;&nbsp;&nbsp;2.70%, 06/01/30 (Call 03/01/30) | 388 | 344307 |
| &nbsp;&nbsp;&nbsp;2.98%, 12/15/55 (Call 06/15/55) | 532 | 370783 |
| &nbsp;&nbsp;&nbsp;3.85%, 04/01/52 (Call 10/01/51) | 200 | 168218 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/23/25 | 345 | 340098 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/01/28 (Call 02/01/28) | 495 | 481952 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/23/27 (Call 04/23/27) | 355 | 352270 |
| &nbsp;&nbsp;&nbsp;4.40%, 05/01/48 (Call 11/01/47) | 10 | 9145 |
| &nbsp;&nbsp;&nbsp;6.40%, 12/01/37 | 20 | 22958 |
| Periama Holdings LLC/DE, 5.95%, 04/19/26<sup>(d)</sup> | 600 | 578010 |
| POSCO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/17/25<sup>(d)</sup> | 825 | 782149 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 08/04/25<sup>(d)</sup> | 200 | 195840 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/04/27 | 1000 | 979890 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/17/28<sup>(b)(c)</sup> | 900 | 928530 |
| Reliance Steel & Aluminum Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.30%, 08/15/25 (Call 07/15/25) | 100 | 91641 |
| &nbsp;&nbsp;&nbsp;2.15%, 08/15/30 (Call 05/15/30) | 120 | 99415 |
| Shougang Group Co. Ltd., 4.00%, 05/23/24<sup>(d)</sup> | 600 | 587622 |
| Steel Dynamics Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 10/15/27 (Call 08/15/27) | 560 | 485570 |
| &nbsp;&nbsp;&nbsp;2.40%, 06/15/25 (Call 05/15/25) | 470 | 442425 |
| &nbsp;&nbsp;&nbsp;2.80%, 12/15/24 (Call 11/15/24) | 396 | 380247 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/31 (Call 10/15/30) | 445 | 401239 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/15/50 (Call 04/15/50) | 355 | 259885 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Iron & Steel (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 04/15/30 (Call 01/15/30) | $260 | $239577 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/15/26 (Call 12/15/23) | 412 | 408646 |
| Tacora Resources Inc., 8.25%, 05/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/15/23)<sup>(b)</sup> | 160 | 122888 |
| TMS International Corp./DE, 6.25%, 04/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/06/24)<sup>(b)</sup> | 230 | 174200 |
| U.S. Steel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.65%, 06/01/37 | 193 | 186150 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 03/01/29 (Call 03/01/24)<sup>(c)</sup> | 389 | 393205 |
| Usiminas International Sarl, 5.88%, 07/18/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/18/23)<sup>(d)</sup> | 600 | 589992 |
| Vale Overseas Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 07/08/30 (Call 04/08/30) | 1811 | 1624847 |
| &nbsp;&nbsp;&nbsp;6.25%, 08/10/26 | 916 | 955956 |
| &nbsp;&nbsp;&nbsp;6.88%, 11/21/36 | 1088 | 1198454 |
| &nbsp;&nbsp;&nbsp;6.88%, 11/10/39 | 695 | 765765 |
| &nbsp;&nbsp;&nbsp;8.25%, 01/17/34 | 341 | 413643 |
| Vale SA, 5.63%, 09/11/42 | 474 | 478930 |
|  |  | 30699569 |
| **Leisure Time — 0.1%** |  |  |
| Brunswick Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.85%, 08/18/24 (Call 03/03/23) | 230 | 214415 |
| &nbsp;&nbsp;&nbsp;2.40%, 08/18/31 (Call 05/18/31) | 270 | 204333 |
| &nbsp;&nbsp;&nbsp;4.40%, 09/15/32 (Call 06/15/32) | 385 | 332140 |
| &nbsp;&nbsp;&nbsp;5.10%, 04/01/52 (Call 10/01/51) | 395 | 293615 |
| Carnival Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/28 (Call 05/01/28)<sup>(b)</sup> | 1615 | 1392178 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 03/01/27 (Call 12/01/26)<sup>(b)</sup> | 2430 | 2016341 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 05/01/29 (Call 11/01/24)<sup>(b)</sup> | 1465 | 1157350 |
| &nbsp;&nbsp;&nbsp;6.65%, 01/15/28 | 149 | 114861 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 03/01/26 (Call 03/01/24)<sup>(b)</sup> | 1080 | 982973 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.88%, 08/01/27 (Call 02/01/24)<sup>(b)</sup> | 534 | 548877 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.50%, 02/01/26 (Call 08/01/23)<sup>(b)</sup> | 607 | 634576 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.50%, 06/01/30 (Call 06/01/25)<sup>(b)(c)</sup> | 650 | 626379 |
| Carnival Holdings Bermuda Ltd., 10.38%, 05/01/28 (Call 05/01/25)<sup>(b)</sup> | 1465 | 1581878 |
| Carnival PLC, 7.88%, 06/01/27 | 278 | 276021 |
| Constellation Merger Sub Inc., 8.50%, 09/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/03/23)<sup>(b)</sup> | 325 | 281460 |
| Harley-Davidson Financial Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.05%, 02/14/27 (Call 01/14/27)<sup>(b)</sup> | 100 | 91483 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.35%, 06/08/25 (Call 05/08/25)<sup>(b)</sup> | 1242 | 1179391 |
| Harley-Davidson Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 07/28/25 (Call 04/28/25) | 427 | 409066 |
| &nbsp;&nbsp;&nbsp;4.63%, 07/28/45 (Call 01/28/45) | 410 | 337926 |
| King Power Capital Ltd., 5.63%, 11/03/24<sup>(d)</sup> | 400 | 403408 |
| Life Time Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/26 (Call 01/15/24)<sup>(b)</sup> | 638 | 615944 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 04/15/26 (Call 02/01/23)<sup>(b)(c)</sup> | 315 | 305897 |
| Lindblad Expeditions LLC, 6.75%, 02/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/24)<sup>(b)(c)</sup> | 210 | 205624 |
| MajorDrive Holdings IV LLC, 6.38%, 06/01/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/01/24)<sup>(b)</sup> | 345 | 272529 |
| NCL Corp. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 12/15/24 (Call 12/15/23)<sup>(b)</sup> | 455 | 427136 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/15/26 (Call 12/15/25)<sup>(b)</sup> | 1005 | 869295 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/15/27 (Call 02/15/24)<sup>(b)</sup> | 630 | 586593 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 02/15/29 (Call 11/15/28)<sup>(b)</sup> | 425 | 365156 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.38%, 02/01/28 (Call 02/01/25)<sup>(b)</sup> | 240 | 244003 |
| NCL Finance Ltd., 6.13%, 03/15/28 (Call 12/15/27)<sup>(b)</sup> | 425 | 345397 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Leisure Time (continued)** |  |  |
| Royal Caribbean Cruises Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 03/15/28 (Call 12/15/27) | $356 | $280663 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/01/26 (Call 01/01/26)<sup>(b)</sup> | 365 | 316557 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 07/15/27 (Call 10/15/26)<sup>(b)</sup> | 790 | 686415 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/31/26 (Call 02/28/26)<sup>(b)</sup> | 852 | 762165 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/01/28 (Call 09/29/27)<sup>(b)</sup> | 1080 | 929081 |
| &nbsp;&nbsp;&nbsp;7.50%, 10/15/27 | 320 | 298045 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 01/15/29 (Call 04/01/25)<sup>(b)</sup> | 580 | 605943 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.25%, 01/15/29 (Call 04/01/25)<sup>(b)</sup> | 675 | 713428 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.50%, 06/01/25 (Call 06/01/23)<sup>(b)</sup> | 950 | 1019312 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.63%, 08/15/27 (Call 08/15/24)<sup>(b)</sup> | 860 | 912890 |
| Sunny Express Enterprises Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 04/23/25<sup>(d)</sup> | 400 | 379568 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 03/01/27<sup>(d)</sup> | 600 | 565680 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 04/23/30<sup>(d)</sup> | 600 | 545280 |
| Viking Cruises Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/15/27 (Call 09/15/23)<sup>(b)(c)</sup> | 585 | 498859 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 05/15/25 (Call 05/15/23)<sup>(b)</sup> | 160 | 146533 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 02/15/29 (Call 02/15/24)<sup>(b)(c)</sup> | 395 | 343674 |
| &nbsp;&nbsp;&nbsp;&nbsp;13.00%, 05/15/25 (Call 05/15/23)<sup>(b)</sup> | 425 | 450878 |
| Viking Ocean Cruises Ship VII Ltd., 5.63%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 245 | 209526 |
| Vista Outdoor Inc., 4.50%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 330 | 267277 |
| VOC Escrow Ltd., 5.00%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 470 | 413633 |
|  |  | 27661652 |
| **Lodging — 0.2%** |  |  |
| Boyd Gaming Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 12/01/27 (Call 12/01/23) | 745 | 708473 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/15/31 (Call 06/15/26)<sup>(b)</sup> | 630 | 565841 |
| Choice Hotels International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.70%, 12/01/29 (Call 09/01/29) | 150 | 135233 |
| &nbsp;&nbsp;&nbsp;3.70%, 01/15/31 (Call 10/15/30) | 515 | 456723 |
| Fortune Star BVI Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/18/26 (Call 05/18/24)<sup>(d)</sup> | 200 | 163542 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.05%, 01/27/27 (Call 01/27/25)<sup>(d)</sup> | 200 | 157098 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 10/19/25 (Call 10/19/23)<sup>(d)</sup> | 1000 | 881020 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.85%, 07/02/24 (Call 07/02/23)<sup>(d)</sup> | 200 | 186086 |
| Full House Resorts Inc., 8.25%, 02/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/24)<sup>(b)</sup> | 280 | 260364 |
| Genting New York LLC, 3.30%, 02/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/26)<sup>(b)</sup> | 350 | 312799 |
| Gohl Capital Ltd., 4.25%, 01/24/27<sup>(d)</sup> | 1175 | 1083526 |
| Hilton Domestic Operating Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/32 (Call 08/15/26)<sup>(b)</sup> | 1065 | 890894 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 550 | 488736 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/01/31 (Call 05/01/26)<sup>(b)</sup> | 760 | 659688 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/15/30 (Call 01/15/25) | 830 | 781918 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 05/01/25 (Call 05/01/23)<sup>(b)</sup> | 393 | 391338 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/01/28 (Call 05/01/23)<sup>(b)</sup> | 407 | 403573 |
| Hilton Grand Vacations Borrower Escrow LLC/Hilton |  |  |
| &nbsp;&nbsp;&nbsp;Grand Vacations Borrower Esc |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/01/31 (Call 07/01/26)<sup>(b)</sup> | 360 | 312037 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 604 | 539946 |
| Hilton Worldwide Finance LLC/Hilton Worldwide |  |  |
| &nbsp;&nbsp;&nbsp;Finance Corp., 4.88%, 04/01/27 (Call 04/01/23) | 405 | 392409 |
| Hyatt Hotels Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 09/15/28 (Call 06/15/28) | 555 | 530241 |
| &nbsp;&nbsp;&nbsp;4.85%, 03/15/26 (Call 12/15/25) | 679 | 677343 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/23/25 (Call 03/23/25) | 450 | 454212 |
| &nbsp;&nbsp;&nbsp;6.00%, 04/23/30 (Call 01/23/30) | 435 | 448315 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Lodging (continued)** |  |  |
| Las Vegas Sands Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 06/25/25 (Call 05/25/25) | $566 | $529425 |
| &nbsp;&nbsp;&nbsp;3.20%, 08/08/24 (Call 07/08/24) | 1120 | 1076510 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/18/26 (Call 06/18/26) | 838 | 779390 |
| &nbsp;&nbsp;&nbsp;3.90%, 08/08/29 (Call 05/08/29) | 555 | 496719 |
| Marriott International Inc./MD |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 04/15/24 (Call 03/15/24) | 75 | 73730 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/15/25 (Call 12/15/24) | 140 | 136707 |
| &nbsp;&nbsp;&nbsp;3.75%, 10/01/25 (Call 07/01/25) | 310 | 301292 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/15/27 (Call 09/15/27) | 720 | 726127 |
| &nbsp;&nbsp;&nbsp;Series AA, 4.65%, 12/01/28 (Call 09/01/28) | 131 | 129977 |
| &nbsp;&nbsp;&nbsp;Series EE, 5.75%, 05/01/25 (Call 04/01/25) | 322 | 327413 |
| &nbsp;&nbsp;&nbsp;Series FF, 4.63%, 06/15/30 (Call 03/15/30) | 1460 | 1423471 |
| &nbsp;&nbsp;&nbsp;Series GG, 3.50%, 10/15/32 (Call 07/15/32) | 796 | 702605 |
| &nbsp;&nbsp;&nbsp;Series HH, 2.85%, 04/15/31 (Call 01/15/31) | 82 | 70013 |
| &nbsp;&nbsp;&nbsp;Series II, 2.75%, 10/15/33 (Call 07/15/33) | 35 | 28396 |
| &nbsp;&nbsp;&nbsp;Series R, 3.13%, 06/15/26 (Call 03/15/26) | 848 | 805880 |
| &nbsp;&nbsp;&nbsp;Series X, 4.00%, 04/15/28 (Call 01/15/28) | 203 | 194931 |
| Marriott Ownership Resorts Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 305 | 266039 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 09/15/23) | 280 | 255494 |
| Melco Resorts Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/06/25 (Call 03/02/23)<sup>(d)</sup> | 800 | 754832 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/26/26 (Call 03/02/23)<sup>(d)</sup> | 329 | 307875 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 12/04/29 (Call 12/04/24)<sup>(b)</sup> | 795 | 685409 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/17/27 (Call 03/02/23)<sup>(d)</sup> | 440 | 402098 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/21/28 (Call 07/21/23)<sup>(b)</sup> | 545 | 491165 |
| MGM China Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/01/27 (Call 02/01/24)<sup>(b)</sup> | 415 | 372558 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/18/25 (Call 02/13/23)<sup>(b)</sup> | 400 | 381552 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 05/15/24 (Call 05/15/23)<sup>(b)</sup> | 520 | 507473 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 05/15/26 (Call 05/15/23)<sup>(b)</sup> | 520 | 496018 |
| MGM Resorts International |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 09/01/26 (Call 06/01/26) | 407 | 383496 |
| &nbsp;&nbsp;&nbsp;4.75%, 10/15/28 (Call 07/15/28) | 495 | 448638 |
| &nbsp;&nbsp;&nbsp;5.50%, 04/15/27 (Call 01/15/27) | 478 | 461772 |
| &nbsp;&nbsp;&nbsp;5.75%, 06/15/25 (Call 03/15/25) | 464 | 457912 |
| &nbsp;&nbsp;&nbsp;6.75%, 05/01/25 (Call 05/01/23) | 515 | 518265 |
| Minor International PCL, 2.70%, (Call 04/19/26)<sup>(a)(d)(f)</sup> | 200 | 177030 |
| Sands China Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 03/08/27 (Call 02/08/27) | 460 | 402242 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/08/29 (Call 01/08/29) | 525 | 450812 |
| &nbsp;&nbsp;&nbsp;3.75%, 08/08/31 (Call 05/08/31) | 400 | 334960 |
| &nbsp;&nbsp;&nbsp;4.30%, 01/08/26 (Call 12/08/25) | 570 | 540109 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/18/30 (Call 03/18/30) | 530 | 483392 |
| &nbsp;&nbsp;&nbsp;5.63%, 08/08/25 (Call 06/08/25) | 1282 | 1272885 |
| &nbsp;&nbsp;&nbsp;5.90%, 08/08/28 (Call 05/08/28) | 1118 | 1100403 |
| Station Casinos LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 450 | 405113 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/01/31 (Call 06/01/31)<sup>(b)(c)</sup> | 370 | 311829 |
| Studio City Co. Ltd., 7.00%, 02/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/24)<sup>(b)(c)</sup> | 237 | 228610 |
| Studio City Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 755 | 613264 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 07/15/25 (Call 07/15/23)<sup>(b)</sup> | 375 | 353910 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/15/28 (Call 07/15/23)<sup>(b)</sup> | 390 | 352552 |
| Sugarhouse HSP Gaming Prop Mezz LP/Sugarhouse HSP Gaming Finance Corp., 5.88%, 05/15/25 (Call 03/03/23)<sup>(b)</sup> | 196 | 184477 |
| Travel + Leisure Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/29 (Call 09/01/29)<sup>(b)</sup> | 460 | 397040 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Lodging (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/30 (Call 12/01/29)<sup>(b)</sup> | $215 | $184087 |
| &nbsp;&nbsp;&nbsp;5.65%, 04/01/24 (Call 02/01/24) | 235 | 233804 |
| &nbsp;&nbsp;&nbsp;6.00%, 04/01/27 (Call 01/01/27) | 335 | 328524 |
| &nbsp;&nbsp;&nbsp;6.60%, 10/01/25 (Call 07/01/25) | 278 | 277455 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 07/31/26 (Call 04/30/26)<sup>(b)</sup> | 410 | 406991 |
| Wyndham Hotels & Resorts Inc., 4.38%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 355 | 329195 |
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/15/27 (Call 02/15/27)<sup>(b)</sup> | 680 | 642260 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/01/25 (Call 12/01/24)<sup>(b)</sup> | 1215 | 1182341 |
| Wynn Macau Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 10/01/24 (Call 02/13/23)<sup>(b)</sup> | 375 | 360746 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/15/29 (Call 12/15/24)<sup>(b)</sup> | 595 | 496105 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/26 (Call 06/15/23)<sup>(b)</sup> | 861 | 804871 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 10/01/27 (Call 10/01/23)<sup>(b)</sup> | 650 | 581705 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 08/26/28 (Call 08/26/23)<sup>(b)</sup> | 800 | 707040 |
|  |  | 41018289 |
| **Machinery — 0.3%** |  |  |
| ABB Finance USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 04/03/28 (Call 01/03/28) | 305 | 299455 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/08/42 | 10 | 9240 |
| ATS Automation Tooling Systems Inc., 4.13%, 12/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/15/23)<sup>(b)(c)</sup> | 255 | 228585 |
| BWX Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/30/28 (Call 06/30/23)<sup>(b)</sup> | 380 | 344561 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 220 | 198840 |
| Caterpillar Financial Services Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.60%, 09/13/24 | 185 | 173822 |
| &nbsp;&nbsp;&nbsp;0.80%, 11/13/25 | 708 | 642269 |
| &nbsp;&nbsp;&nbsp;0.90%, 03/02/26 | 105 | 94686 |
| &nbsp;&nbsp;&nbsp;1.10%, 09/14/27 | 318 | 277951 |
| &nbsp;&nbsp;&nbsp;1.15%, 09/14/26 | 640 | 572704 |
| &nbsp;&nbsp;&nbsp;1.45%, 05/15/25 | 30 | 28044 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 01/08/27<sup>(c)</sup> | 730 | 669833 |
| &nbsp;&nbsp;&nbsp;2.15%, 11/08/24 | 1203 | 1156793 |
| &nbsp;&nbsp;&nbsp;2.40%, 08/09/26 | 525 | 491710 |
| &nbsp;&nbsp;&nbsp;2.85%, 05/17/24 | 303 | 296207 |
| &nbsp;&nbsp;&nbsp;3.25%, 12/01/24 | 355 | 348053 |
| &nbsp;&nbsp;&nbsp;3.30%, 06/09/24 | 111 | 109056 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/13/25 | 250 | 244400 |
| &nbsp;&nbsp;&nbsp;3.60%, 08/12/27 | 805 | 785801 |
| &nbsp;&nbsp;&nbsp;3.65%, 08/12/25 | 643 | 630359 |
| &nbsp;&nbsp;&nbsp;4.90%, 01/17/25 | 485 | 490015 |
| Caterpillar Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 03/12/31 (Call 12/12/30) | 680 | 570092 |
| &nbsp;&nbsp;&nbsp;2.60%, 09/19/29 (Call 06/19/29) | 363 | 328682 |
| &nbsp;&nbsp;&nbsp;2.60%, 04/09/30 (Call 01/09/30) | 825 | 746105 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/19/49 (Call 03/19/49) | 688 | 562880 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/09/50 (Call 10/09/49) | 962 | 787589 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/15/24 (Call 02/15/24) | 1151 | 1134633 |
| &nbsp;&nbsp;&nbsp;3.80%, 08/15/42 | 1089 | 987168 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/15/44 (Call 11/15/43) | 240 | 233534 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/15/64 (Call 11/15/63) | 371 | 376973 |
| &nbsp;&nbsp;&nbsp;5.20%, 05/27/41 | 441 | 473347 |
| &nbsp;&nbsp;&nbsp;5.30%, 09/15/35 | 5 | 5332 |
| &nbsp;&nbsp;&nbsp;6.05%, 08/15/36 | 70 | 80437 |
| Chart Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/01/30 (Call 01/01/26)<sup>(b)</sup> | 855 | 873400 |
| &nbsp;&nbsp;&nbsp;9.50%, 01/01/31 | 565 | 589674 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Machinery (continued)** |  |  |
| CNH Industrial Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 07/15/26 (Call 06/15/26) | $185 | $166291 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/23/25 | 210 | 205643 |
| &nbsp;&nbsp;&nbsp;5.45%, 10/14/25 | 460 | 467650 |
| CNH Industrial NV, 3.85%, 11/15/27 (Call 08/15/27) | 789 | 767153 |
| Crane Holdings Co., 4.20%, 03/15/48 (Call 09/15/47) | 190 | 143587 |
| Deere & Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 04/15/25 (Call 03/15/25) | 490 | 472448 |
| &nbsp;&nbsp;&nbsp;2.88%, 09/07/49 (Call 03/07/49) | 490 | 377947 |
| &nbsp;&nbsp;&nbsp;3.10%, 04/15/30 (Call 01/15/30) | 425 | 393984 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/15/50 (Call 10/15/49) | 700 | 635838 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/09/42 (Call 12/09/41) | 825 | 778651 |
| &nbsp;&nbsp;&nbsp;5.38%, 10/16/29 | 175 | 186006 |
| &nbsp;&nbsp;&nbsp;7.13%, 03/03/31 | 79 | 93539 |
| Dover Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 11/04/29 (Call 08/04/29) | 120 | 106990 |
| &nbsp;&nbsp;&nbsp;3.15%, 11/15/25 (Call 08/15/25) | 320 | 307328 |
| &nbsp;&nbsp;&nbsp;5.38%, 10/15/35 | 185 | 192853 |
| &nbsp;&nbsp;&nbsp;5.38%, 03/01/41 (Call 12/01/40) | 110 | 112409 |
| Flowserve Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 01/15/32 (Call 10/15/31) | 305 | 243658 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/30 (Call 07/01/30) | 875 | 764365 |
| GrafTech Finance Inc., 4.63%, 12/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/15/23)<sup>(b)</sup> | 340 | 295355 |
| Granite US Holdings Corp., 11.00%, 10/01/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/01/23)<sup>(b)</sup> | 175 | 184520 |
| Husky III Holding Ltd. , 13.00%, 02/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/23), (13.75% PIK)<sup>(b)(h)</sup> | 410 | 379894 |
| IDEX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.63%, 06/15/31 (Call 03/15/31) | 365 | 312666 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/30 (Call 02/01/30) | 110 | 98010 |
| John Deere Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.45%, 06/07/24 | 185 | 174864 |
| &nbsp;&nbsp;&nbsp;0.63%, 09/10/24 | 585 | 550561 |
| &nbsp;&nbsp;&nbsp;0.70%, 01/15/26 | 570 | 513142 |
| &nbsp;&nbsp;&nbsp;1.05%, 06/17/26 | 560 | 504582 |
| &nbsp;&nbsp;&nbsp;1.25%, 01/10/25 | 533 | 501324 |
| &nbsp;&nbsp;&nbsp;1.30%, 10/13/26 | 410 | 367856 |
| &nbsp;&nbsp;&nbsp;1.45%, 01/15/31 | 1232 | 999793 |
| &nbsp;&nbsp;&nbsp;1.50%, 03/06/28 | 868 | 758415 |
| &nbsp;&nbsp;&nbsp;1.70%, 01/11/27 | 625 | 569662 |
| &nbsp;&nbsp;&nbsp;1.75%, 03/09/27 | 930 | 847007 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/17/31 | 820 | 687070 |
| &nbsp;&nbsp;&nbsp;2.05%, 01/09/25 | 154 | 147090 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/14/26 | 500 | 467695 |
| &nbsp;&nbsp;&nbsp;2.35%, 03/08/27 | 55 | 51098 |
| &nbsp;&nbsp;&nbsp;2.45%, 01/09/30 | 355 | 315801 |
| &nbsp;&nbsp;&nbsp;2.60%, 03/07/24 | 879 | 860321 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/24/24 | 619 | 602367 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/10/26 | 478 | 452699 |
| &nbsp;&nbsp;&nbsp;2.80%, 09/08/27 | 416 | 391460 |
| &nbsp;&nbsp;&nbsp;2.80%, 07/18/29 | 250 | 228790 |
| &nbsp;&nbsp;&nbsp;3.05%, 01/06/28 | 67 | 64435 |
| &nbsp;&nbsp;&nbsp;3.35%, 06/12/24 | 55 | 54174 |
| &nbsp;&nbsp;&nbsp;3.35%, 04/18/29 | 670 | 634838 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/06/25 | 180 | 175732 |
| &nbsp;&nbsp;&nbsp;3.40%, 09/11/25 | 124 | 120765 |
| &nbsp;&nbsp;&nbsp;3.45%, 03/13/25 | 590 | 577934 |
| &nbsp;&nbsp;&nbsp;3.45%, 03/07/29 | 357 | 340164 |
| &nbsp;&nbsp;&nbsp;4.05%, 09/08/25 | 795 | 787630 |
| &nbsp;&nbsp;&nbsp;4.15%, 09/15/27 | 405 | 403684 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Machinery (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.35%, 09/15/32 | $400 | $402472 |
| &nbsp;&nbsp;&nbsp;4.55%, 10/11/24 | 200 | 200230 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/20/28 | 270 | 275789 |
| &nbsp;&nbsp;&nbsp;4.80%, 01/09/26 | 270 | 273459 |
| &nbsp;&nbsp;&nbsp;4.85%, 10/11/29 | 270 | 278378 |
| JPW Industries Holding Corp., 9.00%, 10/01/24 (Call 10/01/23)<sup>(b)(c)</sup> | 135 | 120488 |
| Manitowoc Co. Inc. (The), 9.00%, 04/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/01/23)<sup>(b)(c)</sup> | 249 | 244879 |
| Maxim Crane Works Holdings Capital LLC, 10.13%, 08/01/24 (Call 03/03/23)<sup>(b)</sup> | 142 | 138011 |
| Mueller Water Products Inc., 4.00%, 06/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/15/24)<sup>(b)</sup> | 285 | 254468 |
| nVent Finance Sarl |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 11/15/31 (Call 08/15/31) | 310 | 252917 |
| &nbsp;&nbsp;&nbsp;4.55%, 04/15/28 (Call 01/15/28) | 337 | 320602 |
| Oshkosh Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 03/01/30 (Call 12/01/29) | 395 | 346853 |
| &nbsp;&nbsp;&nbsp;4.60%, 05/15/28 (Call 02/15/28) | 590 | 574996 |
| OT Merger Corp., 7.88%, 10/15/29 (Call 10/15/24)<sup>(b)</sup> | 200 | 128484 |
| Otis Worldwide Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.06%, 04/05/25 (Call 03/05/25) | 1248 | 1177251 |
| &nbsp;&nbsp;&nbsp;2.29%, 04/05/27 (Call 02/05/27) | 201 | 184409 |
| &nbsp;&nbsp;&nbsp;2.57%, 02/15/30 (Call 11/15/29) | 1295 | 1130043 |
| &nbsp;&nbsp;&nbsp;3.11%, 02/15/40 (Call 08/15/39) | 552 | 433464 |
| &nbsp;&nbsp;&nbsp;3.36%, 02/15/50 (Call 08/15/49) | 670 | 507424 |
| Rockwell Automation Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 08/15/31 (Call 05/15/31) | 140 | 114912 |
| &nbsp;&nbsp;&nbsp;2.80%, 08/15/61 (Call 02/15/61) | 295 | 194780 |
| &nbsp;&nbsp;&nbsp;2.88%, 03/01/25 (Call 12/01/24) | 165 | 159385 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/29 (Call 12/01/28) | 882 | 843898 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/01/49 (Call 09/01/48) | 340 | 315503 |
| Shanghai Electric Group Global Investment Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 02/21/25 (Call 11/21/24)<sup>(d)</sup> | 600 | 555162 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.65%, 11/21/24 (Call 08/21/24)<sup>(d)</sup> | 400 | 376516 |
| SPX FLOW Inc., 8.75%, 04/01/30 (Call 04/01/25)<sup>(b)(c)</sup> | 335 | 277055 |
| Stevens Holding Co. Inc., 6.13%, 10/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/01/23)<sup>(b)</sup> | 228 | 231372 |
| Terex Corp., 5.00%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 375 | 350078 |
| Titan Acquisition Ltd./Titan Co-Borrower LLC, 7.75%, 04/15/26 (Call 04/15/23)<sup>(b)</sup> | 415 | 392466 |
| TK Elevator Holdco GmbH, 7.63%, 07/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/15/23)<sup>(b)(c)</sup> | 285 | 253166 |
| TK Elevator U.S. Newco Inc., 5.25%, 07/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/15/23)<sup>(b)</sup> | 1065 | 984060 |
| Vertiv Group Corp., 4.13%, 11/15/28 (Call 11/15/24)<sup>(b)</sup> | 595 | 517579 |
| Weir Group PLC (The), 2.20%, 05/13/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/13/26)<sup>(b)</sup> | 585 | 523534 |
| Westinghouse Air Brake Technologies Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 06/15/25 (Call 05/15/25) | 1903 | 1799267 |
| &nbsp;&nbsp;&nbsp;3.45%, 11/15/26 (Call 08/15/26) | 715 | 675024 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/15/24 (Call 02/15/24) | 785 | 775054 |
| &nbsp;&nbsp;&nbsp;4.95%, 09/15/28 (Call 06/15/28) | 1475 | 1462536 |
| Xylem Inc./NY |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 01/30/28 (Call 11/30/27) | 786 | 695413 |
| &nbsp;&nbsp;&nbsp;2.25%, 01/30/31 (Call 10/30/30) | 662 | 556603 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/01/26 (Call 08/01/26) | 375 | 356603 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/01/46 (Call 05/01/46) | 250 | 218675 |
|  |  | 56553226 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Manufacturing — 0.2%** |  |  |
| 3M Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 02/14/25 (Call 01/14/25) | $345 | $328226 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/19/26 (Call 06/19/26) | 980 | 912635 |
| &nbsp;&nbsp;&nbsp;2.38%, 08/26/29 (Call 05/26/29) | 1148 | 1004856 |
| &nbsp;&nbsp;&nbsp;2.65%, 04/15/25 (Call 03/15/25) | 924 | 887179 |
| &nbsp;&nbsp;&nbsp;2.88%, 10/15/27 (Call 07/15/27) | 1090 | 1020436 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/07/25 | 344 | 332276 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.05%, 04/15/30 (Call 01/15/30)<sup>(c)</sup> | 273 | 245924 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/19/46 (Call 03/19/46) | 440 | 315383 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/14/24 (Call 01/14/24) | 600 | 590142 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 08/26/49 (Call 02/26/49)<sup>(c)</sup> | 723 | 529540 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/01/29 (Call 12/01/28)<sup>(c)</sup> | 1222 | 1145197 |
| &nbsp;&nbsp;&nbsp;3.63%, 09/14/28 (Call 06/14/28) | 332 | 318740 |
| &nbsp;&nbsp;&nbsp;3.63%, 10/15/47 (Call 04/15/47) | 922 | 729247 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/15/50 (Call 10/15/49) | 5 | 3999 |
| &nbsp;&nbsp;&nbsp;3.88%, 06/15/44 | 180 | 153578 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/14/48 (Call 03/14/48)<sup>(c)</sup> | 661 | 552589 |
| &nbsp;&nbsp;&nbsp;5.70%, 03/15/37 | 70 | 73231 |
| Amsted Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/15/30 (Call 05/15/25)<sup>(b)</sup> | 260 | 232302 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/01/27 (Call 07/01/23)<sup>(b)</sup> | 295 | 289988 |
| Carlisle Companies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 03/01/32 (Call 12/01/31) | 265 | 211666 |
| &nbsp;&nbsp;&nbsp;2.75%, 03/01/30 (Call 12/01/29) | 434 | 375019 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/24 (Call 10/01/24) | 269 | 261460 |
| &nbsp;&nbsp;&nbsp;3.75%, 12/01/27 (Call 09/01/27) | 70 | 67203 |
| Eaton Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 09/15/27 (Call 06/15/27) | 90 | 85226 |
| &nbsp;&nbsp;&nbsp;3.92%, 09/15/47 (Call 02/15/47) | 95 | 82819 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/02/32 | 499 | 478456 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/15/33 (Call 12/15/32) | 630 | 609897 |
| &nbsp;&nbsp;&nbsp;4.15%, 11/02/42 | 753 | 684620 |
| &nbsp;&nbsp;&nbsp;4.70%, 08/23/52 (Call 02/23/52) | 415 | 404160 |
| EnPro Industries Inc., 5.75%, 10/15/26 (Call 10/15/23) | 145 | 142937 |
| FXI Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 11/01/24 (Call 03/03/23)<sup>(b)(c)</sup> | 324 | 292050 |
| &nbsp;&nbsp;&nbsp;&nbsp;12.25%, 11/15/26 (Call 11/15/23)<sup>(b)</sup> | 623 | 563971 |
| Gates Global LLC/Gates Corp., 6.25%, 01/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/24)<sup>(b)</sup> | 382 | 376323 |
| GE Capital Funding LLC, 4.55%, 05/15/32 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 02/15/32) | 535 | 529409 |
| GE Capital International Funding Co. Unlimited Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.37%, 11/15/25 | 250 | 242478 |
| &nbsp;&nbsp;&nbsp;4.42%, 11/15/35 | 400 | 389356 |
| General Electric Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.35%, 05/01/50 (Call 11/01/49) | 70 | 61923 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/11/44 | 615 | 566458 |
| &nbsp;&nbsp;&nbsp;5.88%, 01/14/38 | 715 | 771671 |
| &nbsp;&nbsp;&nbsp;6.75%, 03/15/32 | 450 | 517905 |
| Hillenbrand Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 03/01/31 (Call 03/01/26) | 210 | 176982 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/15/26 (Call 07/15/26) | 540 | 525269 |
| &nbsp;&nbsp;&nbsp;5.75%, 06/15/25 (Call 06/15/23) | 310 | 311566 |
| Illinois Tool Works Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 11/15/26 (Call 08/15/26) | 1542 | 1460151 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/24 (Call 12/01/23) | 565 | 557864 |
| &nbsp;&nbsp;&nbsp;3.90%, 09/01/42 (Call 03/01/42) | 916 | 838094 |
| &nbsp;&nbsp;&nbsp;4.88%, 09/15/41 (Call 03/15/41) | 75 | 77639 |
| LSB Industries Inc., 6.25%, 10/15/28 (Call 10/15/24)<sup>(b)</sup> | 460 | 414492 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Manufacturing (continued)** |  |  |
| Parker-Hannifin Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 06/14/24 (Call 05/14/24) | $917 | $889499 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/01/27 (Call 12/01/26) | 288 | 274401 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/14/29 (Call 03/14/29) | 712 | 659611 |
| &nbsp;&nbsp;&nbsp;3.30%, 11/21/24 (Call 08/21/24) | 182 | 177106 |
| &nbsp;&nbsp;&nbsp;3.65%, 06/15/24 | 490 | 481675 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/14/49 (Call 12/14/48) | 825 | 706786 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/01/47 (Call 09/01/46) | 204 | 177706 |
| &nbsp;&nbsp;&nbsp;4.20%, 11/21/34 (Call 05/21/34) | 464 | 438860 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/15/27 (Call 08/15/27) | 310 | 306550 |
| &nbsp;&nbsp;&nbsp;4.45%, 11/21/44 (Call 05/21/44) | 398 | 365547 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/15/29 (Call 07/15/29) | 815 | 809898 |
| &nbsp;&nbsp;&nbsp;6.25%, 05/15/38 | 208 | 226568 |
| Pentair Finance Sarl |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 07/01/29 (Call 04/01/29) | 610 | 578219 |
| &nbsp;&nbsp;&nbsp;5.90%, 07/15/32 (Call 04/15/32) | 160 | 165587 |
| Siemens Financieringsmaatschappij NV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.65%, 03/11/24<sup>(b)</sup> | 1030 | 985144 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.20%, 03/11/26<sup>(b)</sup> | 1785 | 1615711 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 03/11/28<sup>(b)</sup> | 1245 | 1103419 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.15%, 03/11/31<sup>(b)</sup> | 1025 | 874079 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.35%, 10/15/26<sup>(b)</sup> | 1050 | 974442 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 03/11/41<sup>(b)</sup> | 2075 | 1644707 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 03/16/24<sup>(b)</sup> | 400 | 392724 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/27/25<sup>(b)</sup> | 2160 | 2099995 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 09/15/46<sup>(b)</sup> | 1460 | 1187214 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/16/27<sup>(b)</sup> | 950 | 912865 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 03/16/47<sup>(b)</sup> | 510 | 480828 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 08/17/26<sup>(b)</sup> | 270 | 284877 |
| Teledyne Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.95%, 04/01/24 (Call 03/03/23) | 695 | 662175 |
| &nbsp;&nbsp;&nbsp;1.60%, 04/01/26 (Call 03/01/26) | 270 | 246569 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/01/31 (Call 01/01/31) | 778 | 661074 |
| Textron Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 03/15/31 (Call 12/15/30) | 631 | 528191 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/30 (Call 03/01/30) | 447 | 396020 |
| &nbsp;&nbsp;&nbsp;3.38%, 03/01/28 (Call 12/01/27) | 340 | 318519 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/15/27 (Call 12/15/26) | 617 | 590981 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/01/25 (Call 12/01/24) | 355 | 347254 |
| &nbsp;&nbsp;&nbsp;3.90%, 09/17/29 (Call 06/17/29) | 190 | 178345 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/15/26 (Call 12/15/25) | 150 | 146372 |
| Trane Technologies Global Holding Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 08/21/28 (Call 05/21/28) | 921 | 890294 |
| &nbsp;&nbsp;&nbsp;4.30%, 02/21/48 (Call 08/21/47) | 230 | 194978 |
| &nbsp;&nbsp;&nbsp;5.75%, 06/15/43 | 178 | 188004 |
| Trane Technologies Luxembourg Finance SA |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 03/21/26 (Call 01/21/26) | 689 | 662163 |
| &nbsp;&nbsp;&nbsp;3.55%, 11/01/24 (Call 08/01/24) | 328 | 321371 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/21/29 (Call 12/21/28) | 782 | 745074 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/21/49 (Call 09/21/48) | 205 | 178168 |
| &nbsp;&nbsp;&nbsp;4.65%, 11/01/44 (Call 05/01/44) | 130 | 116394 |
| Trinity Industries Inc., 4.55%, 10/01/24 (Call 07/01/24) | 295 | 285206 |
|  |  | 48213702 |
| **Media — 1.1%** |  |  |
| Altice Financing SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/28 (Call 01/15/24)<sup>(b)(c)</sup> | 940 | 799122 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 08/15/29 (Call 08/15/24)<sup>(b)</sup> | 1458 | 1227928 |
| AMC Networks Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 02/15/29 (Call 02/15/24) | 687 | 421598 |
| &nbsp;&nbsp;&nbsp;4.75%, 08/01/25 (Call 08/01/23) | 680 | 577320 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Media (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 04/01/24 (Call 04/01/23) | $230 | $221837 |
| Audacy Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 05/01/27 (Call 05/01/23)<sup>(b)</sup> | 310 | 51054 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 03/31/29 (Call 03/31/24)<sup>(b)</sup> | 318 | 56076 |
| Beasley Mezzanine Holdings LLC, 8.63%, 02/01/26 (Call 02/01/23)<sup>(b)</sup> | 200 | 130108 |
| Belo Corp. |  |  |
| &nbsp;&nbsp;&nbsp;7.25%, 09/15/27 | 215 | 204495 |
| &nbsp;&nbsp;&nbsp;7.75%, 06/01/27 | 245 | 236731 |
| Block Communications Inc., 4.88%, 03/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/01/23)<sup>(b)</sup> | 175 | 153965 |
| Cable Onda SA, 4.50%, 01/30/30 (Call 01/30/25)<sup>(d)</sup> | 400 | 355256 |
| Cable One Inc., 4.00%, 11/15/30 (Call 11/15/25)<sup>(b)(c)</sup> | 550 | 454900 |
| CCO Holdings LLC/CCO Holdings Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/01/31 (Call 07/01/25)<sup>(b)</sup> | 2138 | 1780719 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/15/34 (Call 01/15/28)<sup>(b)</sup> | 1368 | 1069242 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/15/30 (Call 02/15/25)<sup>(b)</sup> | 1780 | 1521864 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/01/32 (Call 05/01/26) | 1990 | 1647999 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/33 (Call 06/01/27)<sup>(b)</sup> | 1255 | 1019750 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/01/30 (Call 09/01/24)<sup>(b)</sup> | 2360 | 2063726 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/01/32 (Call 02/01/27)<sup>(b)</sup> | 860 | 730794 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/28 (Call 08/01/23)<sup>(b)</sup> | 1640 | 1530792 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/01/27 (Call 05/01/23)<sup>(b)</sup> | 2110 | 2010640 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 1180 | 1091276 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/01/26 (Call 05/01/23)<sup>(b)</sup> | 430 | 422626 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 09/01/29 (Call 09/01/25)<sup>(b)</sup> | 1000 | 964820 |
| &nbsp;&nbsp;&nbsp;7.38%, 03/01/31 | 580 | 579252 |
| Cengage Learning Inc., 9.50%, 06/15/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/03/23)<sup>(b)(c)</sup> | 360 | 350543 |
| Charter Communications Operating LLC/Charter |  |  |
| &nbsp;&nbsp;&nbsp;Communications Operating Capital |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 01/15/29 (Call 11/15/28) | 1265 | 1059956 |
| &nbsp;&nbsp;&nbsp;2.30%, 02/01/32 (Call 11/01/31) | 1128 | 865481 |
| &nbsp;&nbsp;&nbsp;2.80%, 04/01/31 (Call 01/01/31) | 1935 | 1581843 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/41 (Call 12/01/40) | 600 | 420162 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/42 (Call 09/01/41) | 525 | 364413 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/01/51 (Call 10/01/50) | 650 | 430183 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/15/28 (Call 11/15/27) | 1218 | 1133812 |
| &nbsp;&nbsp;&nbsp;3.85%, 04/01/61 (Call 10/01/60) | 985 | 622323 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/01/52 (Call 12/01/51) | 1672 | 1137278 |
| &nbsp;&nbsp;&nbsp;3.95%, 06/30/62 (Call 12/30/61) | 440 | 282625 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/15/28 (Call 12/15/27) | 911 | 865040 |
| &nbsp;&nbsp;&nbsp;4.40%, 04/01/33 (Call 01/01/33) | 450 | 403421 |
| &nbsp;&nbsp;&nbsp;4.40%, 12/01/61 (Call 06/01/61) | 1390 | 970470 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/01/24 (Call 01/01/24) | 1411 | 1399133 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/01/50 (Call 09/01/49) | 1845 | 1449174 |
| &nbsp;&nbsp;&nbsp;4.91%, 07/23/25 (Call 04/23/25) | 3762 | 3742776 |
| &nbsp;&nbsp;&nbsp;5.05%, 03/30/29 (Call 12/30/28) | 1428 | 1389101 |
| &nbsp;&nbsp;&nbsp;5.13%, 07/01/49 (Call 01/01/49) | 1235 | 1018887 |
| &nbsp;&nbsp;&nbsp;5.25%, 04/01/53 (Call 10/01/52) | 1140 | 955411 |
| &nbsp;&nbsp;&nbsp;5.38%, 04/01/38 (Call 10/01/37) | 573 | 512629 |
| &nbsp;&nbsp;&nbsp;5.38%, 05/01/47 (Call 11/01/46) | 1448 | 1234246 |
| &nbsp;&nbsp;&nbsp;5.50%, 04/01/63 (Call 10/01/62) | 990 | 822977 |
| &nbsp;&nbsp;&nbsp;5.75%, 04/01/48 (Call 10/01/47) | 1405 | 1250169 |
| &nbsp;&nbsp;&nbsp;6.38%, 10/23/35 (Call 04/23/35) | 1932 | 1968399 |
| &nbsp;&nbsp;&nbsp;6.48%, 10/23/45 (Call 04/23/45) | 2196 | 2154891 |
| &nbsp;&nbsp;&nbsp;6.83%, 10/23/55 (Call 04/23/55) | 642 | 637538 |
| Comcast Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 02/15/31 (Call 11/15/30) | 1429 | 1154589 |
| &nbsp;&nbsp;&nbsp;1.95%, 01/15/31 (Call 10/15/30) | 989 | 827526 |
| &nbsp;&nbsp;&nbsp;2.35%, 01/15/27 (Call 10/15/26) | 1092 | 1013977 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Media (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 08/15/52 (Call 02/15/52) | $1441 | $927557 |
| &nbsp;&nbsp;&nbsp;2.65%, 02/01/30 (Call 11/01/29) | 1534 | 1370874 |
| &nbsp;&nbsp;&nbsp;2.65%, 08/15/62 (Call 02/15/62) | 863 | 543112 |
| &nbsp;&nbsp;&nbsp;2.80%, 01/15/51 (Call 07/15/50) | 1057 | 732617 |
| &nbsp;&nbsp;&nbsp;2.89%, 11/01/51 (Call 05/01/51) | 3028 | 2112636 |
| &nbsp;&nbsp;&nbsp;2.94%, 11/01/56 (Call 05/01/56) | 3396 | 2319909 |
| &nbsp;&nbsp;&nbsp;2.99%, 11/01/63 (Call 05/01/63) | 2089 | 1394387 |
| &nbsp;&nbsp;&nbsp;3.15%, 03/01/26 (Call 12/01/25) | 915 | 883387 |
| &nbsp;&nbsp;&nbsp;3.15%, 02/15/28 (Call 11/15/27) | 920 | 871415 |
| &nbsp;&nbsp;&nbsp;3.20%, 07/15/36 (Call 01/15/36) | 1017 | 871833 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/01/39 (Call 05/01/39) | 1455 | 1210647 |
| &nbsp;&nbsp;&nbsp;3.30%, 02/01/27 (Call 11/01/26) | 697 | 670124 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/01/27 (Call 02/01/27) | 754 | 723365 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/15/25 (Call 11/15/24) | 381 | 371951 |
| &nbsp;&nbsp;&nbsp;3.38%, 08/15/25 (Call 05/15/25) | 788 | 766614 |
| &nbsp;&nbsp;&nbsp;3.40%, 04/01/30 (Call 01/01/30) | 1078 | 1012199 |
| &nbsp;&nbsp;&nbsp;3.40%, 07/15/46 (Call 01/15/46) | 1072 | 853376 |
| &nbsp;&nbsp;&nbsp;3.45%, 02/01/50 (Call 08/01/49) | 1250 | 991000 |
| &nbsp;&nbsp;&nbsp;3.55%, 05/01/28 (Call 02/01/28) | 540 | 519399 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/15/24 (Call 03/15/24) | 1079 | 1066861 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/40 (Call 10/01/39) | 1385 | 1223384 |
| &nbsp;&nbsp;&nbsp;3.90%, 03/01/38 (Call 09/01/37) | 990 | 905979 |
| &nbsp;&nbsp;&nbsp;3.95%, 10/15/25 (Call 08/15/25) | 895 | 882917 |
| &nbsp;&nbsp;&nbsp;3.97%, 11/01/47 (Call 05/01/47) | 1632 | 1409542 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/15/47 (Call 02/15/47) | 629 | 544469 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/48 (Call 09/01/47) | 965 | 837688 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/01/49 (Call 05/01/49) | 1560 | 1343144 |
| &nbsp;&nbsp;&nbsp;4.05%, 11/01/52 (Call 05/01/52) | 769 | 664347 |
| &nbsp;&nbsp;&nbsp;4.15%, 10/15/28 (Call 07/15/28) | 1278 | 1265450 |
| &nbsp;&nbsp;&nbsp;4.20%, 08/15/34 (Call 02/15/34) | 1052 | 1021503 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/15/30 (Call 07/15/30) | 1150 | 1137522 |
| &nbsp;&nbsp;&nbsp;4.25%, 01/15/33 | 775 | 758624 |
| &nbsp;&nbsp;&nbsp;4.40%, 08/15/35 (Call 02/25/35) | 761 | 746571 |
| &nbsp;&nbsp;&nbsp;4.60%, 10/15/38 (Call 04/15/38) | 698 | 685604 |
| &nbsp;&nbsp;&nbsp;4.60%, 08/15/45 (Call 02/15/45) | 573 | 544367 |
| &nbsp;&nbsp;&nbsp;4.65%, 07/15/42 | 384 | 373459 |
| &nbsp;&nbsp;&nbsp;4.70%, 10/15/48 (Call 04/15/48) | 986 | 951865 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/01/44 | 372 | 362034 |
| &nbsp;&nbsp;&nbsp;4.95%, 10/15/58 (Call 04/15/58) | 629 | 624679 |
| &nbsp;&nbsp;&nbsp;5.25%, 11/07/25 | 70 | 71522 |
| &nbsp;&nbsp;&nbsp;5.35%, 11/15/27 (Call 10/15/27) | 350 | 364483 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/15/32 (Call 08/15/32) | 550 | 591663 |
| &nbsp;&nbsp;&nbsp;5.65%, 06/15/35 | 827 | 901827 |
| &nbsp;&nbsp;&nbsp;6.45%, 03/15/37 | 304 | 353999 |
| &nbsp;&nbsp;&nbsp;6.50%, 11/15/35 | 688 | 801843 |
| &nbsp;&nbsp;&nbsp;6.55%, 07/01/39 | 80 | 93642 |
| &nbsp;&nbsp;&nbsp;6.95%, 08/15/37 | 316 | 380777 |
| &nbsp;&nbsp;&nbsp;7.05%, 03/15/33 | 486 | 581285 |
| Cox Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.80%, 10/01/30 (Call 07/01/30)<sup>(b)</sup> | 660 | 522713 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.60%, 06/15/31 (Call 03/15/31)<sup>(b)</sup> | 500 | 415095 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 10/01/50 (Call 04/01/50)<sup>(b)</sup> | 615 | 401417 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 08/15/24 (Call 06/15/24)<sup>(b)</sup> | 355 | 344528 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.35%, 09/15/26 (Call 06/15/26)<sup>(b)</sup> | 1165 | 1105853 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 08/15/27 (Call 05/15/27)<sup>(b)</sup> | 453 | 431555 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 06/15/51 (Call 12/15/50)<sup>(b)</sup> | 435 | 323288 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 02/01/25 (Call 11/01/24)<sup>(b)</sup> | 376 | 366224 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/30/43 (Call 12/30/42)<sup>(b)</sup> | 405 | 349475 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 08/15/47 (Call 02/15/47)<sup>(b)</sup> | 180 | 156769 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 12/15/42<sup>(b)</sup> | 336 | 292518 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Media (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, 02/01/35 (Call 08/01/34)<sup>(b)</sup> | $530 | $492418 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.38%, 03/01/39<sup>(b)</sup> | 710 | 890226 |
| CSC Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 675 | 470826 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/01/30 (Call 12/01/25)<sup>(b)</sup> | 665 | 488183 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/15/31 (Call 11/15/26)<sup>(b)</sup> | 1025 | 755169 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/01/30 (Call 12/01/25)<sup>(b)</sup> | 1615 | 955063 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/15/31 (Call 11/15/26)<sup>(b)</sup> | 330 | 197310 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/01/24 | 402 | 393839 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 780 | 655231 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/27 (Call 04/15/23)<sup>(b)</sup> | 930 | 818735 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | 1695 | 1068884 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 1235 | 1069794 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/01/28 (Call 04/01/23)<sup>(b)</sup> | 647 | 472659 |
| Cumulus Media New Holdings Inc., 6.75%, 07/01/26 (Call 07/01/23)<sup>(b)(c)</sup> | 285 | 237935 |
| Diamond Sports Group LLC/Diamond Sports |  |  |
| &nbsp;&nbsp;&nbsp;Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 08/15/26 (Call 08/15/23)<sup>(b)</sup> | 1325 | 96579 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 08/15/27 (Call 08/15/23)<sup>(b)</sup> | 660 | 13431 |
| Directv Financing LLC/Directv Financing |  |  |
| &nbsp;&nbsp;&nbsp;Co-Obligor Inc., 5.88%, 08/15/27 (Call 08/15/23)<sup>(b)</sup> | 2740 | 2481782 |
| Discovery Communications LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 03/15/25 (Call 12/15/24) | 173 | 166774 |
| &nbsp;&nbsp;&nbsp;3.63%, 05/15/30 (Call 02/15/30) | 1118 | 984433 |
| &nbsp;&nbsp;&nbsp;3.90%, 11/15/24 (Call 08/15/24) | 170 | 166226 |
| &nbsp;&nbsp;&nbsp;3.95%, 06/15/25 (Call 05/15/25) | 128 | 123743 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/20/28 (Call 12/20/27) | 985 | 920522 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/55 (Call 03/15/55) | 829 | 569705 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/15/29 (Call 02/15/29) | 652 | 599116 |
| &nbsp;&nbsp;&nbsp;4.65%, 05/15/50 (Call 11/15/49) | 768 | 599931 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/01/43 | 875 | 720886 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/11/26 (Call 12/11/25) | 332 | 329211 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/20/37 (Call 03/20/37) | 789 | 694999 |
| &nbsp;&nbsp;&nbsp;5.20%, 09/20/47 (Call 03/20/47) | 854 | 712142 |
| &nbsp;&nbsp;&nbsp;5.30%, 05/15/49 (Call 11/15/48) | 893 | 755103 |
| &nbsp;&nbsp;&nbsp;6.35%, 06/01/40 | 320 | 319405 |
| DISH DBS Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 12/01/26 (Call 06/01/26)<sup>(b)</sup> | 1850 | 1594052 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 12/01/28 (Call 12/01/27)<sup>(b)</sup> | 1750 | 1435297 |
| &nbsp;&nbsp;&nbsp;5.88%, 11/15/24 | 1945 | 1836527 |
| &nbsp;&nbsp;&nbsp;7.38%, 07/01/28 (Call 07/01/23) | 710 | 510447 |
| &nbsp;&nbsp;&nbsp;7.75%, 07/01/26 | 1384 | 1122742 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/01/29 | 1010 | 642309 |
| DISH Network Corp., 11.75%, 11/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/15/25)<sup>(b)</sup> | 2275 | 2359425 |
| FactSet Research Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 03/01/27 (Call 02/01/27) | 440 | 411154 |
| &nbsp;&nbsp;&nbsp;3.45%, 03/01/32 (Call 12/01/31) | 160 | 140800 |
| Fox Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.05%, 04/07/25 (Call 03/07/25) | 499 | 481236 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/08/30 (Call 01/08/30) | 545 | 498631 |
| &nbsp;&nbsp;&nbsp;4.71%, 01/25/29 (Call 10/25/28) | 1316 | 1300682 |
| &nbsp;&nbsp;&nbsp;5.48%, 01/25/39 (Call 07/25/38) | 1147 | 1111225 |
| &nbsp;&nbsp;&nbsp;5.58%, 01/25/49 (Call 07/25/48) | 975 | 942113 |
| Gannett Holdings LLC, 6.00%, 11/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/01/23)<sup>(b)</sup> | 226 | 178942 |
| GCI LLC, 4.75%, 10/15/28 (Call 10/15/23)<sup>(b)(c)</sup> | 400 | 351432 |
| Globo Comunicacao e Participacoes SA, 4.88%, 01/22/30<sup>(d)</sup> | 400 | 340916 |
| Gray Escrow II Inc., 5.38%, 11/15/31 (Call 11/15/26)<sup>(b)</sup> | 885 | 680636 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Media (continued)** |  |  |
| Gray Television Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/15/30 (Call 10/15/25)<sup>(b)(c)</sup> | $555 | $414457 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 07/15/26 (Call 07/15/23)<sup>(b)</sup> | 575 | 527177 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 05/15/27 (Call 05/15/23)<sup>(b)(c)</sup> | 544 | 494382 |
| Grupo Televisa SAB |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 01/30/26 (Call 10/30/25) | 195 | 192198 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/13/45 (Call 11/13/44) | 1001 | 914003 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/24/49 (Call 11/24/48) | 446 | 419811 |
| &nbsp;&nbsp;&nbsp;6.13%, 01/31/46 (Call 06/30/45) | 595 | 622370 |
| &nbsp;&nbsp;&nbsp;6.63%, 01/15/40 | 743 | 804936 |
| &nbsp;&nbsp;&nbsp;8.50%, 03/11/32 | 50 | 60423 |
| iHeartCommunications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 01/15/24)<sup>(b)(c)</sup> | 365 | 312294 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/15/27 (Call 08/15/23)<sup>(b)</sup> | 470 | 421374 |
| &nbsp;&nbsp;&nbsp;6.38%, 05/01/26 (Call 05/01/23) | 458 | 439158 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.38%, 05/01/27 (Call 05/01/23)<sup>(c)</sup> | 1012 | 907248 |
| LCPR Senior Secured Financing DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 07/15/29 (Call 07/15/24)<sup>(b)</sup> | 550 | 483769 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 755 | 735513 |
| &nbsp;&nbsp;&nbsp;Liberty Interactive LLC |  |  |
| &nbsp;&nbsp;&nbsp;8.25%, 02/01/30 | 350 | 163461 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 07/15/29<sup>(c)</sup> | 194 | 98845 |
| McGraw-Hill Education Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 08/01/28 (Call 08/01/24)<sup>(b)</sup> | 590 | 519725 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 08/01/29 (Call 08/01/24)<sup>(b)(c)</sup> | 560 | 480161 |
| Midcontinent Communications/Midcontinent Finance Corp., 5.38%, 08/15/27 (Call 08/15/23)<sup>(b)</sup> | 208 | 197228 |
| NBCUniversal Media LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.45%, 01/15/43 | 549 | 513200 |
| &nbsp;&nbsp;&nbsp;5.95%, 04/01/41 | 618 | 685269 |
| &nbsp;&nbsp;&nbsp;6.40%, 04/30/40 | 150 | 172209 |
| News Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 690 | 618157 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/15/32 (Call 02/15/27)<sup>(b)</sup> | 330 | 310583 |
| Nexstar Media Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 11/01/28 (Call 11/01/23)<sup>(b)</sup> | 665 | 598726 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 1395 | 1328989 |
| Paramount Global |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 01/15/27 (Call 10/15/26) | 551 | 506793 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/15/28 (Call 12/15/27) | 442 | 406348 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/01/28 (Call 03/01/28) | 582 | 539008 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/15/26 (Call 10/15/25) | 880 | 855246 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/01/29 (Call 03/01/29) | 507 | 470319 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 05/19/32 (Call 02/19/32)<sup>(c)</sup> | 795 | 683803 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/43 | 1054 | 777778 |
| &nbsp;&nbsp;&nbsp;4.60%, 01/15/45 (Call 07/15/44) | 225 | 171038 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/15/25 (Call 04/15/25) | 300 | 297876 |
| &nbsp;&nbsp;&nbsp;4.85%, 07/01/42 (Call 01/01/42) | 338 | 268609 |
| &nbsp;&nbsp;&nbsp;4.90%, 08/15/44 (Call 02/15/44) | 438 | 343414 |
| &nbsp;&nbsp;&nbsp;4.95%, 01/15/31 (Call 11/15/30) | 755 | 696495 |
| &nbsp;&nbsp;&nbsp;4.95%, 05/19/50 (Call 11/19/49) | 683 | 542541 |
| &nbsp;&nbsp;&nbsp;5.25%, 04/01/44 (Call 10/01/43) | 345 | 280778 |
| &nbsp;&nbsp;&nbsp;5.50%, 05/15/33 | 300 | 282495 |
| &nbsp;&nbsp;&nbsp;5.85%, 09/01/43 (Call 03/01/43) | 822 | 732369 |
| &nbsp;&nbsp;&nbsp;5.90%, 10/15/40 (Call 04/15/40) | 270 | 251014 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 02/28/57 (Call 02/28/27)<sup>(a)</sup> | 485 | 420160 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 03/30/62 (Call 03/30/27)<sup>(a)</sup> | 700 | 609259 |
| &nbsp;&nbsp;&nbsp;6.88%, 04/30/36 | 732 | 749912 |
| &nbsp;&nbsp;&nbsp;7.88%, 07/30/30 | 566 | 623579 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Media (continued)** |  |  |
| Radiate Holdco LLC/Radiate Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/26 (Call 09/15/23)<sup>(b)</sup> | $590 | $451928 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/15/28 (Call 09/15/23)<sup>(b)</sup> | 743 | 386724 |
| Scripps Escrow II Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 350 | 293612 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 01/15/31 (Call 01/15/26)<sup>(b)(c)</sup> | 305 | 246022 |
| Scripps Escrow Inc., 5.88%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 315 | 281352 |
| Sinclair Television Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/01/30 (Call 12/01/25)<sup>(b)</sup> | 535 | 425352 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/15/27 (Call 08/15/23)<sup>(b)</sup> | 265 | 235015 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/01/30 (Call 12/01/24)<sup>(b)(c)</sup> | 450 | 358848 |
| Sirius XM Radio Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 09/01/26 (Call 09/01/23)<sup>(b)</sup> | 640 | 576998 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/01/31 (Call 09/01/26)<sup>(b)</sup> | 1070 | 880375 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/15/28 (Call 07/15/24)<sup>(b)</sup> | 1295 | 1151164 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 07/01/30 (Call 07/01/25)<sup>(b)</sup> | 1182 | 1012939 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/01/27 (Call 08/01/23)<sup>(b)</sup> | 1095 | 1036242 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/01/29 (Call 07/01/24)<sup>(b)</sup> | 934 | 875737 |
| Sky Group Finance Ltd., 6.50%, 10/15/35<sup>(b)</sup> | 880 | 993749 |
| Sky Ltd., 3.75%, 09/16/24<sup>(b)</sup> | 866 | 851096 |
| Spanish Broadcasting System Inc., 9.75%, 03/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/01/23)<sup>(b)</sup> | 195 | 115025 |
| TCI Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;7.13%, 02/15/28 | 745 | 827956 |
| &nbsp;&nbsp;&nbsp;7.88%, 02/15/26 | 479 | 525611 |
| TEGNA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 03/15/28 (Call 03/15/23) | 524 | 492125 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 390 | 378881 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/15/29 (Call 09/15/24) | 695 | 654509 |
| Telenet Finance Luxembourg Notes Sarl, 5.50%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;03/01/28 (Call 02/13/23)<sup>(b)</sup> | 600 | 557412 |
| Thomson Reuters Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.35%, 05/15/26 (Call 02/15/26) | 1098 | 1054816 |
| &nbsp;&nbsp;&nbsp;5.50%, 08/15/35 | 154 | 154148 |
| &nbsp;&nbsp;&nbsp;5.65%, 11/23/43 (Call 05/23/43) | 535 | 520764 |
| &nbsp;&nbsp;&nbsp;5.85%, 04/15/40 | 360 | 363424 |
| Time Warner Cable Enterprises LLC, 8.38%, 07/15/33 | 873 | 1024902 |
| Time Warner Cable LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 09/15/42 (Call 03/15/42) | 991 | 786259 |
| &nbsp;&nbsp;&nbsp;5.50%, 09/01/41 (Call 03/01/41) | 1132 | 1014668 |
| &nbsp;&nbsp;&nbsp;5.88%, 11/15/40 (Call 05/15/40) | 899 | 846705 |
| &nbsp;&nbsp;&nbsp;6.55%, 05/01/37 | 800 | 815336 |
| &nbsp;&nbsp;&nbsp;6.75%, 06/15/39 | 950 | 977322 |
| &nbsp;&nbsp;&nbsp;7.30%, 07/01/38 | 1183 | 1269868 |
| Townsquare Media Inc., 6.88%, 02/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/01/23)<sup>(b)</sup> | 450 | 421943 |
| TWDC Enterprises 18 Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 07/30/26 | 1120 | 1028720 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 06/15/27<sup>(c)</sup> | 446 | 423580 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/13/26 | 354 | 340006 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/30/46 | 660 | 493310 |
| &nbsp;&nbsp;&nbsp;3.15%, 09/17/25 | 932 | 899100 |
| &nbsp;&nbsp;&nbsp;3.70%, 12/01/42 | 85 | 72898 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/01/44 | 863 | 789567 |
| &nbsp;&nbsp;&nbsp;4.38%, 08/16/41 | 385 | 362701 |
| &nbsp;&nbsp;&nbsp;Series B, 7.00%, 03/01/32 | 178 | 207956 |
| &nbsp;&nbsp;&nbsp;Series E, 4.13%, 12/01/41 | 432 | 395215 |
| Univision Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/29 (Call 05/01/24)<sup>(b)(c)</sup> | 835 | 718275 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/15/25 (Call 02/15/23)<sup>(b)</sup> | 967 | 942245 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 06/01/27 (Call 06/01/23)<sup>(b)</sup> | 921 | 902350 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Media (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 06/30/30 (Call 06/30/25)<sup>(b)</sup> | $545 | $534269 |
| UPC Broadband Finco BV, 4.88%, 07/15/31 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/15/26)<sup>(b)</sup> | 930 | 817935 |
| UPC Holding BV, 5.50%, 01/15/28 (Call 10/15/23)<sup>(b)</sup> | 470 | 426610 |
| Urban One Inc., 7.38%, 02/01/28 (Call 02/01/24)<sup>(b)</sup> | 690 | 623015 |
| Videotron Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/29 (Call 06/15/24)<sup>(b)(c)</sup> | 345 | 301389 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/15/27 (Call 04/15/23)<sup>(b)</sup> | 461 | 444519 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/15/24 (Call 03/15/24)<sup>(b)</sup> | 416 | 414411 |
| Virgin Media Finance PLC, 5.00%, 07/15/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/15/25)<sup>(b)</sup> | 765 | 642462 |
| Virgin Media Secured Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/15/30 (Call 08/15/25)<sup>(b)</sup> | 635 | 547167 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 941 | 871959 |
| Virgin Media Vendor Financing Notes IV DAC, 5.00%, 07/15/28 (Call 07/15/23)<sup>(b)</sup> | 350 | 317590 |
| VZ Secured Financing BV, 5.00%, 01/15/32 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/27)<sup>(b)</sup> | 1015 | 869195 |
| Walt Disney Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 08/30/24 (Call 07/30/24) | 1569 | 1499619 |
| &nbsp;&nbsp;&nbsp;1.75%, 01/13/26 | 1432 | 1326490 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/01/29 (Call 06/01/29) | 1752 | 1514113 |
| &nbsp;&nbsp;&nbsp;2.20%, 01/13/28 | 813 | 739928 |
| &nbsp;&nbsp;&nbsp;2.65%, 01/13/31 | 1701 | 1500401 |
| &nbsp;&nbsp;&nbsp;2.75%, 09/01/49 (Call 03/01/49) | 1335 | 952429 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/24/25 | 767 | 747871 |
| &nbsp;&nbsp;&nbsp;3.38%, 11/15/26 (Call 08/15/26) | 458 | 440907 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/13/40 (Call 11/13/39) | 1484 | 1270630 |
| &nbsp;&nbsp;&nbsp;3.60%, 01/13/51 (Call 07/13/50) | 1190 | 982821 |
| &nbsp;&nbsp;&nbsp;3.70%, 09/15/24 (Call 06/15/24) | 417 | 410053 |
| &nbsp;&nbsp;&nbsp;3.70%, 10/15/25 (Call 07/15/25) | 849 | 830271 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/23/27 | 620 | 607619 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/22/30 | 965 | 927606 |
| &nbsp;&nbsp;&nbsp;3.80%, 05/13/60 (Call 11/13/59) | 490 | 406754 |
| &nbsp;&nbsp;&nbsp;4.63%, 03/23/40 (Call 09/23/39) | 625 | 615688 |
| &nbsp;&nbsp;&nbsp;4.70%, 03/23/50 (Call 09/23/49) | 1478 | 1459880 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/15/44 (Call 03/15/44) | 527 | 516123 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/15/46 (Call 05/15/46) | 207 | 202539 |
| &nbsp;&nbsp;&nbsp;4.95%, 10/15/45 (Call 04/15/45) | 560 | 562744 |
| &nbsp;&nbsp;&nbsp;5.40%, 10/01/43 | 686 | 729883 |
| &nbsp;&nbsp;&nbsp;6.15%, 03/01/37 | 234 | 262576 |
| &nbsp;&nbsp;&nbsp;6.15%, 02/15/41 | 617 | 705138 |
| &nbsp;&nbsp;&nbsp;6.20%, 12/15/34 | 778 | 892249 |
| &nbsp;&nbsp;&nbsp;6.40%, 12/15/35 | 912 | 1049457 |
| &nbsp;&nbsp;&nbsp;6.55%, 03/15/33 | 353 | 405015 |
| &nbsp;&nbsp;&nbsp;6.65%, 11/15/37 | 572 | 675704 |
| &nbsp;&nbsp;&nbsp;7.75%, 12/01/45 | 335 | 449181 |
| Warner Media LLC, 7.63%, 04/15/31<sup>(c)</sup> | 210 | 222739 |
| Ziggo Bond Co. BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/28/30 (Call 02/15/25)<sup>(b)</sup> | 355 | 293351 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/27 (Call 01/15/24)<sup>(b)</sup> | 560 | 529962 |
| Ziggo BV, 4.88%, 01/15/30 (Call 10/15/24)<sup>(b)</sup> | 635 | 553942 |
|  |  | 219322030 |
| **Metal Fabricate & Hardware — 0.0%** |  |  |
| Advanced Drainage Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/30/27 (Call 09/30/23)<sup>(b)</sup> | 250 | 238582 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 06/15/30 (Call 07/15/25)<sup>(b)</sup> | 371 | 368548 |
| Huayi Finance I Ltd., 3.00%, 10/30/24<sup>(d)</sup> | 200 | 189728 |
| MCC Holding Hong Kong Corp. Ltd., 2.95%, (Call 04/20/24)<sup>(a)(d)(f)</sup> | 600 | 582624 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Metal Fabricate & Hardware (continued)** |  |  |
| Park-Ohio Industries Inc., 6.63%, 04/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 04/15/23) | $285 | $211037 |
| Precision Castparts Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 06/15/25 (Call 03/15/25) | 786 | 764644 |
| &nbsp;&nbsp;&nbsp;3.90%, 01/15/43 (Call 07/15/42) | 65 | 57909 |
| &nbsp;&nbsp;&nbsp;4.38%, 06/15/45 (Call 12/15/44) | 245 | 231976 |
| Roller Bearing Co of America Inc., 4.38%, 10/15/29 (Call 10/15/24)<sup>(b)</sup> | 300 | 270081 |
| Timken Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 04/01/32 (Call 01/01/32) | 310 | 286285 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/15/28 (Call 09/15/28) | 144 | 140858 |
| Valmont Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 10/01/44 (Call 04/01/44) | 139 | 128041 |
| &nbsp;&nbsp;&nbsp;5.25%, 10/01/54 (Call 04/01/54) | 130 | 120190 |
|  |  | 3590503 |
| **Mining — 0.4%** |  |  |
| Alcoa Nederland Holding BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 03/31/29 (Call 03/31/24)<sup>(b)</sup> | 325 | 297853 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/15/27 (Call 06/15/23)<sup>(b)</sup> | 690 | 682707 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 05/15/28 (Call 05/15/23)<sup>(b)</sup> | 372 | 372722 |
| Anglo American Capital PLC |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 03/17/28 (Call 01/17/28) | 400 | 349992 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 09/10/30 (Call 06/10/30)<sup>(d)</sup> | 560 | 476459 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 03/17/31 (Call 12/17/30)<sup>(d)</sup> | 850 | 729691 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 09/11/24<sup>(b)</sup> | 323 | 315458 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/11/27<sup>(b)</sup> | 958 | 923100 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/15/28 (Call 12/15/27)<sup>(b)</sup> | 500 | 488850 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/10/27<sup>(b)</sup> | 600 | 597078 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/14/25<sup>(b)</sup> | 200 | 198826 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 04/01/30 (Call 01/01/30)<sup>(d)</sup> | 300 | 308820 |
| AngloGold Ashanti Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 11/01/28 (Call 09/01/28) | 315 | 282640 |
| &nbsp;&nbsp;&nbsp;3.75%, 10/01/30 (Call 07/01/30) | 486 | 430445 |
| &nbsp;&nbsp;&nbsp;6.50%, 04/15/40 | 100 | 98868 |
| Antofagasta PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 10/14/30 (Call 07/14/30)<sup>(d)</sup> | 600 | 496044 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/13/32 (Call 02/13/32)<sup>(d)</sup> | 200 | 202128 |
| Arconic Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 05/15/25 (Call 05/15/23)<sup>(b)</sup> | 580 | 577094 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 599 | 577322 |
| Barrick Gold Corp., 6.45%, 10/15/35 | 85 | 94246 |
| Barrick International Barbados Corp., 6.35%, 10/15/36<sup>(b)</sup> | 345 | 375388 |
| Barrick North America Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.70%, 05/30/41 | 422 | 454557 |
| &nbsp;&nbsp;&nbsp;5.75%, 05/01/43 | 416 | 452284 |
| Barrick PD Australia Finance Pty Ltd., 5.95%, 10/15/39 | 710 | 777627 |
| BHP Billiton Finance USA Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 02/24/42 | 270 | 252420 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/30/43 | 1654 | 1713643 |
| &nbsp;&nbsp;&nbsp;6.42%, 03/01/26 | 690 | 731145 |
| Century Aluminum Co., 7.50%, 04/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/01/24)<sup>(b)(c)</sup> | 145 | 129086 |
| Chalco Hong Kong Investment Co. Ltd., 1.55%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;07/28/24 (Call 06/28/24)<sup>(d)</sup> | 200 | 189578 |
| China Hongqiao Group Ltd., 6.25%, 06/08/24<sup>(d)</sup> | 200 | 196150 |
| Chinalco Capital Holding Co., 2.95%, 02/24/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/24/27)<sup>(d)</sup> | 400 | 373000 |
| Chinalco Capital Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 06/03/26 (Call 05/03/26)<sup>(d)</sup> | 1000 | 914030 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.10%, (Call 09/11/24)<sup>(a)(d)(f)</sup> | 200 | 196124 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mining (continued)** |  |  |
| Cia. De Minas Buenaventur Co., 5.50%, 07/23/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/23/23)<sup>(d)</sup> | $400 | $349724 |
| Coeur Mining Inc., 5.13%, 02/15/29 (Call 02/15/24)<sup>(b)(c)</sup> | 235 | 189022 |
| Compass Minerals International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/24 (Call 05/15/24)<sup>(b)</sup> | 256 | 250094 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 12/01/27 (Call 12/01/23)<sup>(b)</sup> | 325 | 318991 |
| Constellium SE |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/15/29 (Call 04/15/24)<sup>(b)(c)</sup> | 350 | 299114 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 06/15/28 (Call 06/15/23)<sup>(b)</sup> | 250 | 236590 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/15/26 (Call 03/03/23)<sup>(b)</sup> | 289 | 284914 |
| Corp. Nacional del Cobre de Chile |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/30/29 (Call 06/30/29)<sup>(d)</sup> | 800 | 717144 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 01/14/30 (Call 10/14/29)<sup>(d)</sup> | 1000 | 900540 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 01/15/51 (Call 07/15/50)<sup>(d)</sup> | 600 | 439026 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 08/01/27 (Call 05/01/27)<sup>(d)</sup> | 400 | 381148 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 01/30/50 (Call 07/30/49)<sup>(d)</sup> | 1629 | 1256594 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/15/31 (Call 10/15/30)<sup>(d)</sup> | 600 | 554508 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/17/42<sup>(b)</sup> | 600 | 513816 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/05/49 (Call 08/05/48)<sup>(d)</sup> | 800 | 695816 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/16/25<sup>(d)</sup> | 400 | 396520 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/01/47 (Call 02/01/47)<sup>(d)</sup> | 1250 | 1094437 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 11/04/44<sup>(d)</sup> | 800 | 752264 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 09/21/35<sup>(b)</sup> | 200 | 209452 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 10/18/43<sup>(d)</sup> | 800 | 808392 |
| Eldorado Gold Corp., 6.25%, 09/01/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/01/24)<sup>(d)</sup> | 275 | 253264 |
| Endeavour Mining PLC, 5.00%, 10/14/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/14/23)<sup>(d)</sup> | 400 | 355520 |
| Ferroglobe PLC/Globe Specialty Metals Inc., 9.38%, 12/31/25 (Call 07/31/23)<sup>(b)</sup> | 200 | 201344 |
| First Quantum Minerals Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 03/01/24 (Call 02/10/23)<sup>(d)</sup> | 200 | 199524 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 03/01/26 (Call 02/10/23)<sup>(d)</sup> | 800 | 773920 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 10/15/27 (Call 10/15/23)<sup>(d)</sup> | 1025 | 992815 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/01/25 (Call 02/10/23)<sup>(d)</sup> | 1200 | 1188732 |
| FMG Resources August 2006 Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/01/31 (Call 01/01/31)<sup>(b)</sup> | 1145 | 1005058 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/27 (Call 06/15/27)<sup>(b)</sup> | 385 | 366227 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/15/24 (Call 02/15/24)<sup>(b)</sup> | 515 | 510308 |
| FMG Resources August Pty. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/15/30 (Call 01/15/30)<sup>(b)</sup> | 465 | 453426 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 04/15/32 (Call 01/15/32)<sup>(b)</sup> | 490 | 477784 |
| Freeport Indonesia PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.76%, 04/14/27 (Call 03/14/27)<sup>(d)</sup> | 600 | 585642 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.32%, 04/14/32 (Call 01/01/32)<sup>(d)</sup> | 1000 | 955780 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.20%, 04/14/52 (Call 10/14/51)<sup>(d)</sup> | 400 | 370900 |
| Freeport-McMoRan Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 03/01/28 (Call 03/01/23) | 710 | 673343 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/01/30 (Call 03/01/25) | 735 | 687438 |
| &nbsp;&nbsp;&nbsp;4.38%, 08/01/28 (Call 08/01/23) | 581 | 555163 |
| &nbsp;&nbsp;&nbsp;4.55%, 11/14/24 (Call 08/14/24) | 1425 | 1410123 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/01/30 (Call 08/01/25)<sup>(c)</sup> | 535 | 513926 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/01/27 (Call 09/01/23) | 465 | 461164 |
| &nbsp;&nbsp;&nbsp;5.25%, 09/01/29 (Call 09/01/24) | 790 | 783672 |
| &nbsp;&nbsp;&nbsp;5.40%, 11/14/34 (Call 05/14/34) | 525 | 523378 |
| &nbsp;&nbsp;&nbsp;5.45%, 03/15/43 (Call 09/15/42) | 1165 | 1133545 |
| Fresnillo PLC, 4.25%, 10/02/50 (Call 04/02/50)<sup>(d)</sup> | 600 | 489756 |
| Glencore Finance Canada Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.55%, 10/25/42<sup>(b)</sup> | 320 | 307101 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 11/15/41<sup>(b)(c)</sup> | 223 | 228203 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.90%, 11/15/37<sup>(b)</sup> | 475 | 532869 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mining (continued)** |  |  |
| Glencore Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 09/01/25 (Call 08/01/25)<sup>(b)</sup> | $408 | $374324 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 04/27/26 (Call 03/27/26)<sup>(b)</sup> | 345 | 310966 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/01/30 (Call 06/01/30)<sup>(b)(c)</sup> | 612 | 518829 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 09/23/31 (Call 06/23/31)<sup>(b)</sup> | 500 | 417190 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.85%, 04/27/31 (Call 01/27/31)<sup>(b)</sup> | 105 | 90035 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 09/23/51 (Call 03/23/51)<sup>(b)</sup> | 305 | 221473 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/27/27 (Call 07/27/27)<sup>(b)</sup> | 175 | 167307 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/27/51 (Call 10/27/50)<sup>(b)(c)</sup> | 362 | 287265 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/16/25<sup>(b)</sup> | 443 | 432027 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/27/27 (Call 12/27/26)<sup>(b)</sup> | 633 | 612162 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 03/12/24 (Call 02/12/24)<sup>(b)</sup> | 950 | 938315 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/29/24<sup>(b)</sup> | 425 | 421936 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/12/29 (Call 12/12/28)<sup>(b)</sup> | 935 | 932438 |
| Gold Fields Orogen Holdings BVI Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/15/24 (Call 04/15/24)<sup>(d)</sup> | 400 | 398268 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 05/15/29 (Call 02/15/29)<sup>(d)</sup> | 400 | 410632 |
| Hecla Mining Co., 7.25%, 02/15/28 (Call 02/15/23)<sup>(c)</sup> | 340 | 339514 |
| Hudbay Minerals Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/26 (Call 04/01/23)<sup>(d)</sup> | 480 | 442205 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 285 | 262975 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 04/01/29 (Call 04/01/24)<sup>(d)</sup> | 10 | 9227 |
| Indonesia Asahan Aluminium Persero PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 05/15/25 (Call 04/15/25)<sup>(d)</sup> | 800 | 792984 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 05/15/30 (Call 02/15/30)<sup>(d)</sup> | 1000 | 999620 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.80%, 05/15/50 (Call 11/15/49)<sup>(d)</sup> | 400 | 366952 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.53%, 11/15/28<sup>(d)</sup> | 300 | 315078 |
| Industrias Penoles SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 09/12/29 (Call 06/12/29)<sup>(d)</sup> | 400 | 374144 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/06/50 (Call 02/06/50)<sup>(d)</sup> | 400 | 344736 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.65%, 09/12/49 (Call 03/12/49)<sup>(d)</sup> | 200 | 195084 |
| JW Aluminum Continuous Cast Co., 10.25%, 06/01/26 (Call 06/01/23)<sup>(b)</sup> | 275 | 278330 |
| Kaiser Aluminum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/31 (Call 06/01/26)<sup>(b)</sup> | 340 | 287732 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/28 (Call 03/01/23)<sup>(b)</sup> | 480 | 438509 |
| Kinross Gold Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 07/15/27 (Call 04/15/27) | 882 | 857736 |
| &nbsp;&nbsp;&nbsp;5.95%, 03/15/24 (Call 12/15/23) | 380 | 381668 |
| Minera Mexico SA de CV, 4.50%, 01/26/50 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/26/49)<sup>(d)</sup> | 600 | 484758 |
| Minera y Metalurgica del Boleo SAPI de CV, 3.25%, 04/17/24<sup>(d)</sup> | 400 | 390792 |
| Minmetals Bounteous Finance BVI Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, (Call 09/03/24)<sup>(a)(d)(f)</sup> | 1000 | 972420 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 07/27/26<sup>(d)</sup> | 1000 | 973030 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/30/25<sup>(d)</sup> | 200 | 198248 |
| Minsur SA, 4.50%, 10/28/31<sup>(d)</sup> | 400 | 357312 |
| New Gold Inc., 7.50%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 255 | 238081 |
| Newcastle Coal Infrastructure Group Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 09/29/27 (Call 06/29/27)<sup>(b)</sup> | 359 | 322770 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 05/12/31 (Call 02/12/31)<sup>(b)</sup> | 635 | 514598 |
| Newcrest Finance Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 05/13/30 (Call 02/13/30)<sup>(b)</sup> | 1217 | 1060603 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 05/13/50 (Call 11/13/49)<sup>(b)</sup> | 466 | 358289 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 11/15/41<sup>(b)</sup> | 415 | 394287 |
| Newmont Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 10/01/30 (Call 07/01/30) | 685 | 573407 |
| &nbsp;&nbsp;&nbsp;2.60%, 07/15/32 (Call 04/15/32) | 375 | 313849 |
| &nbsp;&nbsp;&nbsp;2.80%, 10/01/29 (Call 07/01/29) | 290 | 255333 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/42 (Call 09/15/41) | 806 | 792234 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mining (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.45%, 06/09/44 (Call 12/09/43) | $295 | $303649 |
| &nbsp;&nbsp;&nbsp;5.88%, 04/01/35 | 286 | 307667 |
| &nbsp;&nbsp;&nbsp;6.25%, 10/01/39 | 672 | 749959 |
| Nexa Resources SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 05/04/27 (Call 02/04/27)<sup>(d)</sup> | 400 | 388048 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/18/28 (Call 10/18/27)<sup>(d)</sup> | 600 | 594828 |
| Novelis Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/15/26 (Call 11/15/23)<sup>(b)</sup> | 465 | 421002 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/15/31 (Call 08/15/26)<sup>(b)</sup> | 530 | 446742 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/30/30 (Call 01/30/25)<sup>(b)</sup> | 1125 | 1028160 |
| Perenti Finance Pty Ltd., 6.50%, 10/07/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/07/23)<sup>(b)(c)</sup> | 270 | 266490 |
| Rio Tinto Alcan Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 06/01/35 | 192 | 205953 |
| &nbsp;&nbsp;&nbsp;6.13%, 12/15/33 | 291 | 326662 |
| &nbsp;&nbsp;&nbsp;7.25%, 03/15/31 | 75 | 87830 |
| Rio Tinto Finance USA Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 11/02/51 (Call 05/02/51) | 815 | 583344 |
| &nbsp;&nbsp;&nbsp;5.20%, 11/02/40 | 676 | 714248 |
| &nbsp;&nbsp;&nbsp;7.13%, 07/15/28 | 605 | 681006 |
| Rio Tinto Finance USA PLC |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 08/21/42 (Call 02/21/42) | 501 | 462468 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/22/42 (Call 09/22/41) | 223 | 223096 |
| SDG Finance Ltd., 2.80%, 08/25/26 (Call 05/25/26)<sup>(d)</sup> | 400 | 349944 |
| South32 Treasury Ltd., 4.35%, 04/14/32 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/14/32)<sup>(b)</sup> | 195 | 176222 |
| Southern Copper Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.88%, 04/23/25 | 673 | 655340 |
| &nbsp;&nbsp;&nbsp;5.25%, 11/08/42 | 971 | 959814 |
| &nbsp;&nbsp;&nbsp;5.88%, 04/23/45 | 1068 | 1137484 |
| &nbsp;&nbsp;&nbsp;6.75%, 04/16/40 | 873 | 999210 |
| &nbsp;&nbsp;&nbsp;7.50%, 07/27/35 | 540 | 644517 |
| Stillwater Mining Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/16/26 (Call 11/16/23)<sup>(d)</sup> | 400 | 370000 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/16/29 (Call 11/16/25)<sup>(d)</sup> | 400 | 344560 |
| Taseko Mines Ltd., 7.00%, 02/15/26 (Call 02/15/23)<sup>(b)</sup> | 330 | 312744 |
| Teck Resources Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 07/15/30 (Call 04/15/30) | 354 | 329539 |
| &nbsp;&nbsp;&nbsp;5.20%, 03/01/42 (Call 09/01/41) | 358 | 333072 |
| &nbsp;&nbsp;&nbsp;5.40%, 02/01/43 (Call 08/01/42) | 362 | 348103 |
| &nbsp;&nbsp;&nbsp;6.00%, 08/15/40 (Call 02/15/40) | 290 | 296734 |
| &nbsp;&nbsp;&nbsp;6.13%, 10/01/35 | 363 | 379727 |
| &nbsp;&nbsp;&nbsp;6.25%, 07/15/41 (Call 01/15/41) | 246 | 259879 |
| Vedanta Resources Finance II PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.95%, 03/11/25 (Call 09/11/24)<sup>(d)</sup> | 1200 | 961332 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.25%, 04/23/26 (Call 04/23/23)<sup>(c)(d)</sup> | 200 | 152454 |
| Vedanta Resources Ltd., 6.13%, 08/09/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/09/23)<sup>(d)</sup> | 400 | 302524 |
| Yamana Gold Inc., 2.63%, 08/15/31 (Call 05/15/31) | 305 | 241835 |
|  |  | 81659264 |
| **Multi-National — 0.0%** |  |  |
| Asian Infrastructure Investment Bank, 3.75%, 09/14/27 | 20 | 19826 |
| Corp. Andina de Fomento, 1.63%, 09/23/25<sup>(c)</sup> | 545 | 502850 |
| Inter-American Investment Corp., 2.63%, 04/22/25 | 400 | 385384 |
|  |  | 908060 |
| **Municpal Debt Securities — 0.0%** |  |  |
| Oklahoma Gas & Electric Co., 5.40%, 01/15/33 | 300 | 313668 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Office & Business Equipment — 0.0%** |  |  |
| CDW LLC/CDW Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.67%, 12/01/26 (Call 11/01/26) | $1210 | $1089169 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/15/29 (Call 08/15/23) | 891 | 774582 |
| &nbsp;&nbsp;&nbsp;3.28%, 12/01/28 (Call 10/01/28) | 655 | 576315 |
| &nbsp;&nbsp;&nbsp;3.57%, 12/01/31 (Call 09/01/31) | 375 | 322027 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/01/25 (Call 05/01/23) | 1463 | 1416725 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/28 (Call 10/01/23) | 625 | 579506 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/01/24 (Call 06/01/24) | 1691 | 1689089 |
| Pitney Bowes Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/24 (Call 12/15/23)<sup>(c)</sup> | 275 | 272143 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 03/15/27 (Call 03/15/24)<sup>(b)</sup> | 250 | 209983 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 245 | 192595 |
| Xerox Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 05/15/24 | 425 | 410622 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/01/35 | 160 | 109165 |
| &nbsp;&nbsp;&nbsp;6.75%, 12/15/39 | 241 | 189156 |
| Xerox Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/15/25 (Call 07/15/25)<sup>(b)</sup> | 510 | 476870 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/28 (Call 07/15/28)<sup>(b)</sup> | 540 | 460442 |
|  |  | 8768389 |
| **Office Furnishings — 0.0%** |  |  |
| Interface Inc., 5.50%, 12/01/28 (Call 12/01/23)<sup>(b)</sup> | 250 | 210005 |
| Steelcase Inc., 5.13%, 01/18/29 (Call 10/18/28) | 346 | 308594 |
|  |  | 518599 |
| **Oil & Gas — 1.8%** |  |  |
| Aethon United BR LP/Aethon United Finance Corp., 8.25%, 02/15/26 (Call 02/15/23)<sup>(b)</sup> | 545 | 542357 |
| Aker BP ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 01/15/26 (Call 12/15/25)<sup>(b)</sup> | 183 | 172889 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/15/25 (Call 12/15/24)<sup>(b)</sup> | 195 | 186736 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/15/30 (Call 10/15/29)<sup>(b)</sup> | 372 | 337371 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 01/15/31 (Call 10/15/30)<sup>(b)</sup> | 170 | 155084 |
| Antero Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 03/01/30 (Call 03/01/25)<sup>(b)</sup> | 385 | 359055 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 468 | 479386 |
| Apache Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 01/15/30 (Call 10/15/29) | 455 | 417139 |
| &nbsp;&nbsp;&nbsp;4.25%, 01/15/44 (Call 07/15/43) | 146 | 107916 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 10/15/28 (Call 07/15/28)<sup>(c)</sup> | 245 | 228431 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/15/43 (Call 10/15/42) | 310 | 245387 |
| &nbsp;&nbsp;&nbsp;5.10%, 09/01/40 (Call 03/01/40) | 916 | 798944 |
| &nbsp;&nbsp;&nbsp;5.25%, 02/01/42 (Call 08/01/41) | 275 | 231099 |
| &nbsp;&nbsp;&nbsp;5.35%, 07/01/49 (Call 01/01/49) | 260 | 217292 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/15/37 | 335 | 317386 |
| &nbsp;&nbsp;&nbsp;7.38%, 08/15/47 | 115 | 114564 |
| &nbsp;&nbsp;&nbsp;7.75%, 12/15/29 | 175 | 185267 |
| Ascent Resources Utica Holdings LLC/ARU |  |  |
| &nbsp;&nbsp;&nbsp;Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/30/29 (Call 09/01/24)<sup>(b)(c)</sup> | 350 | 308140 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | 330 | 315681 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 12/31/28 (Call 02/01/24)<sup>(b)</sup> | 280 | 275836 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.00%, 11/01/27 (Call 11/01/26)<sup>(b)</sup> | 150 | 185729 |
| Athabasca Oil Corp., 9.75%, 11/01/26 (Call 11/01/24)<sup>(b)</sup> | 234 | 245911 |
| Baytex Energy Corp., 8.75%, 04/01/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/01/23)<sup>(b)(c)</sup> | 340 | 351839 |
| Berry Petroleum Co. LLC, 7.00%, 02/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/23)<sup>(b)</sup> | 230 | 221373 |
| BG Energy Capital PLC, 5.13%, 10/15/41<sup>(b)</sup> | 765 | 763784 |
| Bharat Petroleum Corp. Ltd., 4.00%, 05/08/25<sup>(d)</sup> | 600 | 580350 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| BP Capital Markets America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 08/10/30 (Call 05/10/30) | $940 | $781234 |
| &nbsp;&nbsp;&nbsp;2.72%, 01/12/32 (Call 10/12/31) | 500 | 437045 |
| &nbsp;&nbsp;&nbsp;2.77%, 11/10/50 (Call 05/10/50) | 1423 | 987462 |
| &nbsp;&nbsp;&nbsp;2.94%, 06/04/51 (Call 12/04/50) | 1978 | 1414408 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/24/50 (Call 08/24/49) | 1316 | 960312 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/17/52 (Call 09/17/51) | 540 | 389135 |
| &nbsp;&nbsp;&nbsp;3.02%, 01/16/27 (Call 10/16/26) | 770 | 732316 |
| &nbsp;&nbsp;&nbsp;3.06%, 06/17/41 (Call 12/17/40) | 530 | 422839 |
| &nbsp;&nbsp;&nbsp;3.12%, 05/04/26 (Call 02/04/26) | 786 | 755849 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/08/61 (Call 08/08/60) | 1128 | 844556 |
| &nbsp;&nbsp;&nbsp;3.41%, 02/11/26 (Call 12/11/25) | 705 | 686275 |
| &nbsp;&nbsp;&nbsp;3.54%, 04/06/27 (Call 02/06/27) | 538 | 522360 |
| &nbsp;&nbsp;&nbsp;3.59%, 04/14/27 (Call 01/14/27) | 589 | 572302 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/06/30 (Call 01/06/30) | 1212 | 1153642 |
| &nbsp;&nbsp;&nbsp;3.80%, 09/21/25 (Call 07/21/25) | 760 | 752590 |
| &nbsp;&nbsp;&nbsp;3.94%, 09/21/28 (Call 06/21/28) | 830 | 814603 |
| &nbsp;&nbsp;&nbsp;4.23%, 11/06/28 (Call 08/06/28) | 1432 | 1426286 |
| BP Capital Markets PLC |  |  |
| &nbsp;&nbsp;&nbsp;3.28%, 09/19/27 (Call 06/19/27) | 1358 | 1302091 |
| &nbsp;&nbsp;&nbsp;3.72%, 11/28/28 (Call 08/28/28) | 1007 | 980022 |
| BPRL International Singapore Pte Ltd., 4.38%, 01/18/27<sup>(d)</sup> | 200 | 190902 |
| Burlington Resources LLC, 7.40%, 12/01/31 | 117 | 138659 |
| California Resources Corp., 7.13%, 02/01/26 (Call 02/01/23)<sup>(b)(c)</sup> | 355 | 345493 |
| Callon Petroleum Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 07/01/26 (Call 07/01/23)<sup>(c)</sup> | 250 | 241823 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/15/30 (Call 06/15/25)<sup>(b)(c)</sup> | 560 | 541862 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 08/01/28 (Call 08/01/24)<sup>(b)</sup> | 430 | 429622 |
| &nbsp;&nbsp;&nbsp;8.25%, 07/15/25 (Call 07/15/23) | 100 | 100000 |
| Calumet Specialty Products Partners LP/Calumet |  |  |
| &nbsp;&nbsp;&nbsp;Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 01/15/27 (Call 01/15/24)<sup>(b)</sup> | 185 | 179753 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.25%, 07/15/24 (Call 07/15/23)<sup>(b)(c)</sup> | 353 | 357398 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.00%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 340 | 358265 |
| Canacol Energy Ltd., 5.75%, 11/24/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/24/24)<sup>(d)</sup> | 400 | 356232 |
| Canadian Natural Resources Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 07/15/25 (Call 06/15/25) | 578 | 541176 |
| &nbsp;&nbsp;&nbsp;2.95%, 07/15/30 (Call 04/15/30) | 522 | 457058 |
| &nbsp;&nbsp;&nbsp;3.80%, 04/15/24 (Call 01/15/24) | 45 | 44322 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/01/27 (Call 03/01/27) | 840 | 811885 |
| &nbsp;&nbsp;&nbsp;3.90%, 02/01/25 (Call 11/01/24) | 700 | 684852 |
| &nbsp;&nbsp;&nbsp;4.95%, 06/01/47 (Call 12/01/46) | 515 | 479923 |
| &nbsp;&nbsp;&nbsp;5.85%, 02/01/35 | 266 | 269681 |
| &nbsp;&nbsp;&nbsp;6.25%, 03/15/38 | 740 | 792362 |
| &nbsp;&nbsp;&nbsp;6.45%, 06/30/33 | 195 | 207281 |
| &nbsp;&nbsp;&nbsp;6.50%, 02/15/37 | 190 | 199734 |
| &nbsp;&nbsp;&nbsp;6.75%, 02/01/39 | 399 | 437208 |
| &nbsp;&nbsp;&nbsp;7.20%, 01/15/32 | 410 | 458093 |
| Cenovus Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 01/15/32 (Call 10/15/31) | 250 | 208178 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/15/52 (Call 08/15/51) | 245 | 186460 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/15/27 (Call 01/15/27) | 105 | 102513 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/15/37 (Call 12/15/36) | 505 | 491274 |
| &nbsp;&nbsp;&nbsp;5.40%, 06/15/47 (Call 12/15/46) | 489 | 472076 |
| &nbsp;&nbsp;&nbsp;6.75%, 11/15/39 | 935 | 1027462 |
| &nbsp;&nbsp;&nbsp;6.80%, 09/15/37 | 485 | 525696 |
| Centennial Resource Production LLC, 6.88%, 04/01/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/01/23)<sup>(b)</sup> | 250 | 245135 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| Chesapeake Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/01/26 (Call 02/05/23)<sup>(b)</sup> | $280 | $271894 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/01/29 (Call 02/05/24)<sup>(b)</sup> | 340 | 325710 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 665 | 656029 |
| Chevron Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.55%, 05/11/25 (Call 04/11/25) | 790 | 743738 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/11/27 (Call 03/11/27) | 1305 | 1198042 |
| &nbsp;&nbsp;&nbsp;2.24%, 05/11/30 (Call 02/11/30) | 1446 | 1283267 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/03/24 (Call 01/03/24) | 1141 | 1120861 |
| &nbsp;&nbsp;&nbsp;2.95%, 05/16/26 (Call 02/16/26) | 1284 | 1234489 |
| &nbsp;&nbsp;&nbsp;3.08%, 05/11/50 (Call 11/11/49) | 740 | 576578 |
| &nbsp;&nbsp;&nbsp;3.33%, 11/17/25 (Call 08/17/25) | 620 | 605982 |
| Chevron USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.69%, 08/12/25 (Call 07/12/25) | 1485 | 1354765 |
| &nbsp;&nbsp;&nbsp;1.02%, 08/12/27 (Call 06/12/27) | 625 | 548087 |
| &nbsp;&nbsp;&nbsp;2.34%, 08/12/50 (Call 02/12/50) | 1053 | 712618 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/15/29 (Call 07/15/29) | 418 | 394542 |
| &nbsp;&nbsp;&nbsp;3.85%, 01/15/28 (Call 10/15/27) | 879 | 867687 |
| &nbsp;&nbsp;&nbsp;3.90%, 11/15/24 (Call 08/15/24) | 350 | 347022 |
| &nbsp;&nbsp;&nbsp;5.25%, 11/15/43 (Call 05/15/43) | 175 | 186093 |
| Civitas Resources Inc., 5.00%, 10/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/23)<sup>(b)</sup> | 241 | 225593 |
| CNOOC Finance 2003 Ltd., 5.50%, 05/21/33<sup>(b)</sup> | 10 | 10208 |
| CNOOC Finance 2011 Ltd., 5.75%, 01/26/41<sup>(b)</sup> | 200 | 207562 |
| CNOOC Finance 2013 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 09/30/29 (Call 06/30/29)<sup>(c)</sup> | 900 | 821583 |
| &nbsp;&nbsp;&nbsp;3.30%, 09/30/49 (Call 03/30/49) | 400 | 285060 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/09/43 | 400 | 346368 |
| CNOOC Finance 2014 ULC |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 04/30/24 | 1000 | 991900 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/30/44 | 200 | 188278 |
| CNOOC Finance 2015 Australia Pty. Ltd., 4.20%, 05/05/45 | 220 | 187563 |
| CNOOC Finance 2015 USA LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 05/05/25 | 1400 | 1359120 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/02/28 | 800 | 799272 |
| CNOOC Petroleum North America ULC |  |  |
| &nbsp;&nbsp;&nbsp;5.88%, 03/10/35 | 835 | 875297 |
| &nbsp;&nbsp;&nbsp;6.40%, 05/15/37 | 940 | 1025108 |
| &nbsp;&nbsp;&nbsp;7.50%, 07/30/39 | 515 | 625334 |
| &nbsp;&nbsp;&nbsp;7.88%, 03/15/32 | 1010 | 1226120 |
| CNX Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 350 | 323456 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 03/14/27 (Call 03/14/23)<sup>(b)</sup> | 188 | 187154 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 01/15/31 (Call 01/15/26)<sup>(b)</sup> | 345 | 336102 |
| Colgate Energy Partners III LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 07/01/29 (Call 07/01/24)<sup>(b)</sup> | 420 | 394523 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 02/15/26 (Call 02/15/24)<sup>(b)</sup> | 210 | 210050 |
| Comstock Resources Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | 730 | 629953 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 875 | 806164 |
| Conoco Funding Co., 7.25%, 10/15/31 | 10 | 11751 |
| ConocoPhillips Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 03/07/25 (Call 03/07/23) | 233 | 222962 |
| &nbsp;&nbsp;&nbsp;3.35%, 11/15/24 (Call 08/15/24) | 168 | 164751 |
| &nbsp;&nbsp;&nbsp;3.76%, 03/15/42 (Call 09/15/41) | 2179 | 1939266 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/15/52 (Call 09/15/51) | 425 | 364059 |
| &nbsp;&nbsp;&nbsp;4.03%, 03/15/62 (Call 09/15/61) | 1856 | 1603658 |
| &nbsp;&nbsp;&nbsp;4.30%, 11/15/44 (Call 05/15/44) | 678 | 634215 |
| &nbsp;&nbsp;&nbsp;5.90%, 10/15/32 | 875 | 977611 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.90%, 05/15/38 | $200 | $222200 |
| &nbsp;&nbsp;&nbsp;5.95%, 03/15/46 (Call 09/15/45) | 60 | 68189 |
| &nbsp;&nbsp;&nbsp;6.50%, 02/01/39 | 265 | 314841 |
| &nbsp;&nbsp;&nbsp;6.95%, 04/15/29 | 605 | 685435 |
| Continental Resources Inc./OK |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.27%, 11/15/26 (Call 11/15/23)<sup>(b)</sup> | 555 | 493117 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/01/32 (Call 01/01/32)<sup>(b)</sup> | 495 | 387090 |
| &nbsp;&nbsp;&nbsp;3.80%, 06/01/24 (Call 03/01/24) | 1010 | 990527 |
| &nbsp;&nbsp;&nbsp;4.38%, 01/15/28 (Call 10/15/27) | 734 | 697968 |
| &nbsp;&nbsp;&nbsp;4.90%, 06/01/44 (Call 12/01/43) | 579 | 461492 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/31 (Call 07/15/30)<sup>(b)</sup> | 1165 | 1143599 |
| Cosan Luxembourg SA, 7.00%, 01/20/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/02/23)<sup>(d)</sup> | 200 | 200756 |
| Cosan SA, 5.50%, 09/20/29 (Call 09/20/24)<sup>(d)</sup> | 800 | 759584 |
| Coterra Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 05/15/27 | 660 | 633805 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/29 | 377 | 361931 |
| Crescent Energy Finance LLC, 9.25%, 02/15/28 | 265 | 264351 |
| CrownRock LP/CrownRock Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 320 | 295562 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 10/15/25 (Call 10/15/23)<sup>(b)</sup> | 1036 | 1013363 |
| CVR Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 02/15/25 (Call 02/15/23)<sup>(b)</sup> | 375 | 362033 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 300 | 274557 |
| Devon Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 01/15/30 (Call 01/15/25) | 616 | 594957 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/15/42 (Call 11/15/41) | 708 | 635218 |
| &nbsp;&nbsp;&nbsp;5.00%, 06/15/45 (Call 12/15/44) | 690 | 633537 |
| &nbsp;&nbsp;&nbsp;5.25%, 09/15/24 (Call 06/15/24) | 222 | 222684 |
| &nbsp;&nbsp;&nbsp;5.25%, 10/15/27 (Call 10/15/23) | 622 | 626105 |
| &nbsp;&nbsp;&nbsp;5.60%, 07/15/41 (Call 01/15/41) | 927 | 918574 |
| &nbsp;&nbsp;&nbsp;5.85%, 12/15/25 (Call 09/15/25) | 779 | 798670 |
| &nbsp;&nbsp;&nbsp;5.88%, 06/15/28 (Call 06/15/23) | 154 | 157755 |
| &nbsp;&nbsp;&nbsp;7.88%, 09/30/31 | 94 | 110380 |
| &nbsp;&nbsp;&nbsp;7.95%, 04/15/32 | 215 | 254306 |
| Diamondback Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 03/24/31 (Call 12/24/30) | 528 | 461176 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 12/01/26 (Call 10/01/26)<sup>(c)</sup> | 808 | 764829 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/29 (Call 09/01/29) | 1114 | 1015478 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/15/52 (Call 09/15/51) | 432 | 346758 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/24/51 (Call 09/24/50) | 378 | 312874 |
| &nbsp;&nbsp;&nbsp;6.25%, 03/15/33 (Call 12/15/32) | 865 | 921242 |
| &nbsp;&nbsp;&nbsp;6.25%, 03/15/53 (Call 09/15/52) | 645 | 675528 |
| Earthstone Energy Holdings LLC, 8.00%, 04/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/15/24)<sup>(b)</sup> | 375 | 365783 |
| Ecopetrol SA |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 01/16/25 | 750 | 726600 |
| &nbsp;&nbsp;&nbsp;4.63%, 11/02/31 (Call 08/02/31) | 750 | 592830 |
| &nbsp;&nbsp;&nbsp;5.38%, 06/26/26 (Call 03/26/26) | 990 | 956578 |
| &nbsp;&nbsp;&nbsp;5.88%, 05/28/45 | 1100 | 788623 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 11/02/51 (Call 05/02/51)<sup>(c)</sup> | 900 | 626526 |
| &nbsp;&nbsp;&nbsp;6.88%, 04/29/30 (Call 01/29/30) | 1400 | 1311016 |
| &nbsp;&nbsp;&nbsp;7.38%, 09/18/43 | 540 | 472397 |
| &nbsp;&nbsp;&nbsp;8.88%, 01/13/33 (Call 10/13/32) | 1400 | 1435448 |
| Empresa Nacional del Petroleo |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 09/16/31 (Call 06/16/31)<sup>(d)</sup> | 400 | 340588 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 08/05/26 (Call 05/05/26)<sup>(d)</sup> | 600 | 565188 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 10/30/24<sup>(d)</sup> | 200 | 195774 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/14/47 (Call 03/14/47)<sup>(c)(d)</sup> | 450 | 359154 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 11/06/29 (Call 08/06/29)<sup>(d)</sup> | 600 | 584904 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| Encino Acquisition Partners Holdings LLC, 8.50%, 05/01/28 (Call 05/01/24)<sup>(b)</sup> | $450 | $422123 |
| Endeavor Energy Resources LP/EER Finance Inc., 5.75%, 01/30/28 (Call 01/30/24)<sup>(b)</sup> | 645 | 637079 |
| Energean Israel Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/30/24 (Call 12/30/23)<sup>(b)(d)</sup> | 239 | 233178 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/30/26 (Call 12/30/25)<sup>(b)(d)</sup> | 475 | 447569 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 03/30/28 (Call 09/30/27)<sup>(b)(d)</sup> | 868 | 800053 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/30/31 (Call 09/30/30)<sup>(b)(d)</sup> | 385 | 346554 |
| Energy Ventures Gom LLC/EnVen Finance Corp., 11.75%, 04/15/26 (Call 04/15/23)<sup>(b)</sup> | 127 | 132872 |
| Eni SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/09/29 (Call 02/09/29)<sup>(b)</sup> | 455 | 433911 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.70%, 10/01/40<sup>(b)</sup> | 365 | 349641 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series X-R, 4.75%, 09/12/28<sup>(b)</sup> | 1345 | 1342633 |
| Eni USA Inc., 7.30%, 11/15/27 | 473 | 519841 |
| EnQuest PLC, 11.63%, 11/01/27 (Call 11/01/24)<sup>(b)</sup> | 200 | 196380 |
| Ensign Drilling Inc., 9.25%, 04/15/24 (Call 04/15/23)<sup>(b)</sup> | 255 | 248528 |
| EOG Resources Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 04/01/25 (Call 01/01/25) | 423 | 411148 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/01/35 (Call 10/01/34) | 618 | 583726 |
| &nbsp;&nbsp;&nbsp;4.15%, 01/15/26 (Call 10/15/25) | 895 | 889764 |
| &nbsp;&nbsp;&nbsp;4.38%, 04/15/30 (Call 01/15/30) | 594 | 592663 |
| &nbsp;&nbsp;&nbsp;4.95%, 04/15/50 (Call 10/15/49) | 512 | 528538 |
| EQT Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/15/26 (Call 05/15/23)<sup>(b)(c)</sup> | 900 | 842463 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/15/31 (Call 11/15/30)<sup>(b)(c)</sup> | 580 | 507825 |
| &nbsp;&nbsp;&nbsp;3.90%, 10/01/27 (Call 07/01/27) | 1250 | 1185412 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/15/29 (Call 07/15/28) | 195 | 189187 |
| &nbsp;&nbsp;&nbsp;5.68%, 10/01/25 (Call 10/04/23) | 310 | 310267 |
| &nbsp;&nbsp;&nbsp;5.70%, 04/01/28 (Call 03/01/28) | 150 | 151856 |
| &nbsp;&nbsp;&nbsp;6.13%, 02/01/25 (Call 01/01/25) | 1435 | 1451259 |
| &nbsp;&nbsp;&nbsp;7.00%, 02/01/30 (Call 11/01/29) | 1055 | 1122077 |
| Equinor ASA |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 01/22/26 (Call 12/22/25) | 1685 | 1564455 |
| &nbsp;&nbsp;&nbsp;2.38%, 05/22/30 (Call 02/22/30) | 1271 | 1120272 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/06/25 (Call 03/06/25) | 1723 | 1665521 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/06/27 (Call 02/06/27) | 781 | 746550 |
| &nbsp;&nbsp;&nbsp;3.13%, 04/06/30 (Call 01/06/30) | 940 | 872893 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/10/24 | 1472 | 1445622 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/18/49 (Call 05/18/49) | 701 | 550516 |
| &nbsp;&nbsp;&nbsp;3.63%, 09/10/28 (Call 06/10/28) | 1043 | 1014328 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/06/40 (Call 10/06/39) | 450 | 393026 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/01/24 | 1164 | 1151743 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/06/50 (Call 10/06/49) | 850 | 725679 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/15/43 | 611 | 546692 |
| &nbsp;&nbsp;&nbsp;4.25%, 11/23/41 | 127 | 118883 |
| &nbsp;&nbsp;&nbsp;4.80%, 11/08/43 | 499 | 499190 |
| &nbsp;&nbsp;&nbsp;5.10%, 08/17/40 | 579 | 602982 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 12/01/28<sup>(b)</sup> | 295 | 322273 |
| &nbsp;&nbsp;&nbsp;7.25%, 09/23/27 | 324 | 362226 |
| Exxon Mobil Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.02%, 08/16/24 (Call 07/16/24) | 1077 | 1038691 |
| &nbsp;&nbsp;&nbsp;2.28%, 08/16/26 (Call 06/16/26) | 921 | 861549 |
| &nbsp;&nbsp;&nbsp;2.44%, 08/16/29 (Call 05/16/29) | 795 | 720970 |
| &nbsp;&nbsp;&nbsp;2.61%, 10/15/30 (Call 07/15/30) | 1242 | 1119998 |
| &nbsp;&nbsp;&nbsp;2.71%, 03/06/25 (Call 12/06/24) | 1224 | 1187525 |
| &nbsp;&nbsp;&nbsp;2.99%, 03/19/25 (Call 02/19/25) | 1574 | 1531077 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/16/39 (Call 02/16/39) | 490 | 401467 |
| &nbsp;&nbsp;&nbsp;3.04%, 03/01/26 (Call 12/01/25) | 1152 | 1110747 |
| &nbsp;&nbsp;&nbsp;3.10%, 08/16/49 (Call 02/16/49) | 1096 | 842692 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.18%, 03/15/24 (Call 12/15/23) | $292 | $287366 |
| &nbsp;&nbsp;&nbsp;3.29%, 03/19/27 (Call 01/19/27) | 975 | 949952 |
| &nbsp;&nbsp;&nbsp;3.45%, 04/15/51 (Call 10/15/50) | 1381 | 1126081 |
| &nbsp;&nbsp;&nbsp;3.48%, 03/19/30 (Call 12/19/29) | 1861 | 1788012 |
| &nbsp;&nbsp;&nbsp;3.57%, 03/06/45 (Call 09/06/44) | 535 | 452342 |
| &nbsp;&nbsp;&nbsp;4.11%, 03/01/46 (Call 09/01/45) | 1780 | 1622897 |
| &nbsp;&nbsp;&nbsp;4.23%, 03/19/40 (Call 09/19/39) | 1948 | 1861820 |
| &nbsp;&nbsp;&nbsp;4.33%, 03/19/50 (Call 09/19/49) | 2072 | 1950954 |
| Geopark Ltd., 5.50%, 01/17/27 (Call 01/17/24)<sup>(d)</sup> | 400 | 356220 |
| Global Marine Inc., 7.00%, 06/01/28 | 175 | 139738 |
| GS Caltex Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 07/27/25<sup>(d)</sup> | 600 | 544920 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/05/26 | 200 | 194408 |
| Guara Norte Sarl, 5.20%, 06/15/34<sup>(d)</sup> | 592 | 534714 |
| Gulfport Energy Corp., 8.00%, 05/17/26 (Call 05/17/24) | 300 | 297594 |
| Harbour Energy PLC, 5.50%, 10/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/23)<sup>(b)(c)</sup> | 376 | 345939 |
| Harvest Operations Corp., 1.00%, 04/26/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/02/23)<sup>(d)</sup> | 600 | 570564 |
| Helmerich & Payne Inc., 2.90%, 09/29/31 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 06/29/31) | 350 | 295554 |
| Heritage Petroleum Co. Ltd., 9.00%, 08/12/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/12/25)<sup>(d)</sup> | 400 | 417164 |
| Hess Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 07/15/24 (Call 04/15/24) | 705 | 689060 |
| &nbsp;&nbsp;&nbsp;4.30%, 04/01/27 (Call 01/01/27) | 690 | 676083 |
| &nbsp;&nbsp;&nbsp;5.60%, 02/15/41 | 1097 | 1093621 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.80%, 04/01/47 (Call 10/01/46)<sup>(c)</sup> | 445 | 451626 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/15/40 | 447 | 467008 |
| &nbsp;&nbsp;&nbsp;7.13%, 03/15/33 | 450 | 503203 |
| &nbsp;&nbsp;&nbsp;7.30%, 08/15/31 | 505 | 566282 |
| &nbsp;&nbsp;&nbsp;7.88%, 10/01/29 | 139 | 158021 |
| HF Sinclair Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/30 (Call 07/01/30) | 520 | 471968 |
| &nbsp;&nbsp;&nbsp;5.88%, 04/01/26 (Call 01/01/26) | 706 | 711704 |
| HighPeak Energy Inc., 10.63%, 11/15/24 | 250 | 244658 |
| Hilcorp Energy I LP/Hilcorp Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 530 | 493054 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/15/30 (Call 04/15/25)<sup>(b)</sup> | 330 | 308831 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/01/31 (Call 02/01/26)<sup>(b)</sup> | 390 | 359073 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 11/01/28 (Call 11/01/23)<sup>(b)</sup> | 475 | 456043 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 04/15/32 (Call 04/15/27)<sup>(b)</sup> | 300 | 277077 |
| Hindustan Petroleum Corp. Ltd., 4.00%, 07/12/27<sup>(d)</sup> | 200 | 190142 |
| Hunt Oil Co. of Peru LLC Sucursal Del Peru, 6.38%, 06/01/28<sup>(d)</sup> | 262 | 252522 |
| Independence Energy Finance LLC, 7.25%, 05/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/01/23)<sup>(b)</sup> | 430 | 412693 |
| Ithaca Energy North Sea PLC, 9.00%, 07/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/15/23)<sup>(b)</sup> | 405 | 399504 |
| KazMunayGas National Co. JSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/14/33 (Call 10/14/32)<sup>(d)</sup> | 800 | 608808 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/24/25<sup>(d)</sup> | 200 | 196306 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/19/27<sup>(d)</sup> | 600 | 557820 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/24/30<sup>(d)</sup> | 1000 | 922610 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/19/47<sup>(d)</sup> | 1000 | 790410 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 10/24/48<sup>(d)</sup> | 600 | 513546 |
| Korea National Oil Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 04/14/26<sup>(c)(d)</sup> | 800 | 745576 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 10/01/25<sup>(d)</sup> | 400 | 382080 |
| Kosmos Energy Ltd., 7.13%, 04/04/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/02/23)<sup>(d)</sup> | 600 | 543906 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| Kunlun Energy Co. Ltd., 3.75%, 05/13/25<sup>(d)</sup> | $200 | $194328 |
| Laredo Petroleum Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 07/31/29 (Call 07/31/24)<sup>(b)</sup> | 260 | 239925 |
| &nbsp;&nbsp;&nbsp;9.50%, 01/15/25 (Call 01/15/24) | 465 | 469171 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.13%, 01/15/28 (Call 01/15/24)<sup>(c)</sup> | 325 | 323710 |
| Leviathan Bond Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 06/30/25 (Call 03/30/25)<sup>(b)(d)</sup> | 495 | 490095 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 06/30/27 (Call 12/30/26)<sup>(b)(d)</sup> | 400 | 391509 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 06/30/30 (Call 12/30/29)<sup>(b)(d)</sup> | 360 | 350140 |
| Lundin Energy Finance BV, 3.10%, 07/15/31 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/15/31)<sup>(b)</sup> | 338 | 286992 |
| Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp., 6.00%, 08/01/26 (Call 08/01/23)<sup>(b)</sup> | 346 | 334738 |
| Marathon Oil Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.40%, 07/15/27 (Call 04/15/27) | 955 | 933589 |
| &nbsp;&nbsp;&nbsp;5.20%, 06/01/45 (Call 12/01/44) | 551 | 499895 |
| &nbsp;&nbsp;&nbsp;6.60%, 10/01/37 | 670 | 710441 |
| &nbsp;&nbsp;&nbsp;6.80%, 03/15/32 | 552 | 592931 |
| Marathon Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 09/15/24 (Call 06/15/24) | 970 | 952404 |
| &nbsp;&nbsp;&nbsp;3.80%, 04/01/28 (Call 01/01/28) | 455 | 430935 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/48 (Call 10/01/47) | 557 | 473779 |
| &nbsp;&nbsp;&nbsp;4.70%, 05/01/25 (Call 04/01/25) | 862 | 860974 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/15/44 (Call 03/15/44) | 585 | 524704 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/15/54 (Call 03/15/54) | 465 | 419263 |
| &nbsp;&nbsp;&nbsp;5.13%, 12/15/26 (Call 09/15/26) | 596 | 602645 |
| &nbsp;&nbsp;&nbsp;6.50%, 03/01/41 (Call 09/01/40) | 685 | 750109 |
| Matador Resources Co., 5.88%, 09/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 09/15/23) | 746 | 734280 |
| MC Brazil Downstream Trading SARL, 7.25%, 06/30/31<sup>(d)</sup> | 1159 | 1017241 |
| Medco Bell Pte Ltd., 6.38%, 01/30/27 (Call 01/30/24)<sup>(d)</sup> | 600 | 578142 |
| Medco Oak Tree Pte Ltd., 7.38%, 05/14/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/14/23)<sup>(d)</sup> | 400 | 398836 |
| MEG Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 370 | 354945 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 02/01/27 (Call 02/01/23)<sup>(b)</sup> | 730 | 748922 |
| Moss Creek Resources Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/15/26 (Call 01/15/24)<sup>(b)</sup> | 395 | 364834 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.50%, 05/15/27 (Call 05/15/23)<sup>(b)</sup> | 405 | 393397 |
| Motiva Enterprises LLC, 6.85%, 01/15/40<sup>(b)</sup> | 790 | 844020 |
| MRT MID PART/MRT MID FIN SECURED 144A 02/28 11.5, 11.50%, 02/15/28 | 330 | 320100 |
| Murphy Oil Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 08/15/25 (Call 08/15/23) | 186 | 185310 |
| &nbsp;&nbsp;&nbsp;5.88%, 12/01/27 (Call 12/01/23) | 380 | 374695 |
| &nbsp;&nbsp;&nbsp;6.13%, 12/01/42 (Call 06/01/42) | 250 | 205010 |
| &nbsp;&nbsp;&nbsp;6.38%, 07/15/28 (Call 07/15/24) | 285 | 282988 |
| &nbsp;&nbsp;&nbsp;7.05%, 05/01/29 | 170 | 173949 |
| Nabors Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 02/01/25 (Call 11/01/24) | 450 | 436702 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 05/15/27 (Call 05/15/24)<sup>(b)</sup> | 445 | 445578 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.00%, 02/01/25 (Call 12/01/23)<sup>(b)</sup> | 277 | 281604 |
| Nabors Industries Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 01/15/26 (Call 07/15/23)<sup>(b)</sup> | 315 | 306338 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 270 | 257297 |
| NAK Naftogaz Ukraine via Kondor Finance PLC, 7.63%, 11/08/26<sup>(d)(j)(k)</sup> | 400 | 82000 |
| Neptune Energy Bondco PLC, 6.63%, 05/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/15/23)<sup>(b)</sup> | 445 | 438414 |
| Nogaholding Sukuk Ltd., 5.25%, 04/08/29<sup>(d)</sup> | 200 | 199612 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| Northern Oil and Gas Inc., 8.13%, 03/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/01/24)<sup>(b)</sup> | $561 | $559070 |
| Oasis Petroleum Inc., 6.38%, 06/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/01/23)<sup>(b)</sup> | 235 | 231484 |
| Occidental Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 08/15/24 (Call 06/15/24) | 25 | 24056 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/15/27 (Call 11/15/26) | 10 | 9201 |
| &nbsp;&nbsp;&nbsp;3.20%, 08/15/26 (Call 06/15/26) | 5 | 4646 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 04/15/26 (Call 01/15/26)<sup>(c)</sup> | 80 | 76335 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/15/29 (Call 05/15/29) | 340 | 316132 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.10%, 02/15/47 (Call 08/15/46)<sup>(c)</sup> | 205 | 163717 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/15/48 (Call 09/15/47) | 200 | 159576 |
| &nbsp;&nbsp;&nbsp;4.30%, 08/15/39 (Call 02/15/39) | 260 | 212911 |
| &nbsp;&nbsp;&nbsp;4.40%, 04/15/46 (Call 10/15/45) | 295 | 241511 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 08/15/49 (Call 02/15/49)<sup>(c)</sup> | 230 | 184462 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/15/44 (Call 01/15/44) | 150 | 122775 |
| &nbsp;&nbsp;&nbsp;4.63%, 06/15/45 (Call 12/15/44) | 220 | 184840 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/01/25 (Call 09/01/25) | 575 | 578766 |
| &nbsp;&nbsp;&nbsp;5.55%, 03/15/26 (Call 12/15/25) | 710 | 717711 |
| &nbsp;&nbsp;&nbsp;5.88%, 09/01/25 (Call 06/01/25) | 735 | 744099 |
| &nbsp;&nbsp;&nbsp;6.13%, 01/01/31 (Call 07/01/30) | 785 | 820631 |
| &nbsp;&nbsp;&nbsp;6.20%, 03/15/40 | 490 | 494454 |
| &nbsp;&nbsp;&nbsp;6.38%, 09/01/28 (Call 03/01/28) | 526 | 547019 |
| &nbsp;&nbsp;&nbsp;6.45%, 09/15/36 | 1175 | 1236300 |
| &nbsp;&nbsp;&nbsp;6.60%, 03/15/46 (Call 09/15/45) | 720 | 766814 |
| &nbsp;&nbsp;&nbsp;6.63%, 09/01/30 (Call 03/01/30) | 1075 | 1142241 |
| &nbsp;&nbsp;&nbsp;6.95%, 07/01/24 | 201 | 204538 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.15%, 05/15/28<sup>(c)</sup> | 250 | 262138 |
| &nbsp;&nbsp;&nbsp;7.50%, 05/01/31 | 588 | 653985 |
| &nbsp;&nbsp;&nbsp;7.88%, 09/15/31 | 365 | 413465 |
| &nbsp;&nbsp;&nbsp;7.95%, 06/15/39 | 228 | 261746 |
| &nbsp;&nbsp;&nbsp;8.50%, 07/15/27 (Call 01/15/27) | 437 | 483475 |
| &nbsp;&nbsp;&nbsp;8.88%, 07/15/30 (Call 01/15/30) | 671 | 789116 |
| Oil & Natural Gas Corp. Ltd., 3.38%, 12/05/29<sup>(d)</sup> | 200 | 177640 |
| Oil and Gas Holding Co. BSCC (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 10/25/27<sup>(d)</sup> | 600 | 623868 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 11/07/24<sup>(d)</sup> | 600 | 614010 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.38%, 11/07/28<sup>(d)</sup> | 400 | 428116 |
| Oil India International Pte Ltd., 4.00%, 04/21/27<sup>(d)</sup> | 415 | 393843 |
| Oil India Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/04/29<sup>(d)</sup> | 400 | 392588 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/17/24<sup>(d)</sup> | 400 | 399192 |
| ONGC Videsh Vankorneft Pte Ltd., 3.75%, 07/27/26<sup>(d)</sup> | 1000 | 944300 |
| OQ SAOC, 5.13%, 05/06/28<sup>(d)</sup> | 400 | 386276 |
| Ovintiv Exploration Inc., 5.38%, 01/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 10/01/25) | 485 | 488186 |
| Ovintiv Inc. |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 08/15/34 | 576 | 612409 |
| &nbsp;&nbsp;&nbsp;6.50%, 02/01/38 | 358 | 373029 |
| &nbsp;&nbsp;&nbsp;6.63%, 08/15/37 | 378 | 399852 |
| &nbsp;&nbsp;&nbsp;7.20%, 11/01/31 | 305 | 332840 |
| &nbsp;&nbsp;&nbsp;7.38%, 11/01/31 | 296 | 329525 |
| &nbsp;&nbsp;&nbsp;8.13%, 09/15/30 | 300 | 339336 |
| Par Petroleum LLC/Par Petroleum Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 12/15/25 (Call 12/15/23)<sup>(b)</sup> | 170 | 167584 |
| Parkland Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 550 | 473968 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/01/30 (Call 05/01/25)<sup>(b)</sup> | 571 | 491882 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 385 | 369846 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| Patterson-UTI Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 02/01/28 (Call 11/01/27) | $450 | $407520 |
| &nbsp;&nbsp;&nbsp;5.15%, 11/15/29 (Call 08/15/29) | 294 | 273702 |
| PBF Holding Co. LLC/PBF Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 02/15/28 (Call 02/15/23) | 570 | 537390 |
| &nbsp;&nbsp;&nbsp;7.25%, 06/15/25 (Call 06/15/23) | 385 | 383676 |
| PDC Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 05/15/26 (Call 05/15/23) | 580 | 560901 |
| &nbsp;&nbsp;&nbsp;6.13%, 09/15/24 (Call 03/03/23) | 205 | 203877 |
| Penn Virginia Holdings LLC., 9.25%, 08/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/23)<sup>(b)</sup> | 230 | 233027 |
| Permian Resources Operating LLC, 5.38%, 01/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/03/23)<sup>(b)</sup> | 205 | 193323 |
| Pertamina Persero PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.40%, 02/09/26 (Call 01/09/26)<sup>(d)</sup> | 600 | 540864 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 02/09/31 (Call 11/09/30)<sup>(d)</sup> | 800 | 662360 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.10%, 01/21/30 (Call 10/21/29)<sup>(c)(d)</sup> | 400 | 355036 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.10%, 08/27/30 (Call 05/25/30)<sup>(c)(d)</sup> | 400 | 351772 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.65%, 07/30/29<sup>(d)</sup> | 600 | 556746 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 02/25/60 (Call 08/25/59)<sup>(d)</sup> | 600 | 450930 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.18%, 01/21/50 (Call 07/21/49)<sup>(c)(d)</sup> | 1000 | 804560 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 07/30/49<sup>(d)</sup> | 1100 | 941710 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/20/43<sup>(d)</sup> | 600 | 579354 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 05/03/42<sup>(d)</sup> | 428 | 427914 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.45%, 05/30/44<sup>(d)</sup> | 1000 | 1044460 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 05/27/41<sup>(d)</sup> | 400 | 419560 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 11/07/48<sup>(d)</sup> | 400 | 417188 |
| Petrobras Global Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.09%, 01/15/30<sup>(c)</sup> | 600 | 567156 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/10/51 (Call 12/10/50)<sup>(c)</sup> | 550 | 430424 |
| &nbsp;&nbsp;&nbsp;5.60%, 01/03/31 (Call 10/03/30) | 1120 | 1070138 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/27/28 | 615 | 616827 |
| &nbsp;&nbsp;&nbsp;6.75%, 01/27/41 | 500 | 474080 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.85%, 06/05/2115<sup>(c)</sup> | 1050 | 908806 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 01/20/40<sup>(c)</sup> | 438 | 421842 |
| &nbsp;&nbsp;&nbsp;6.90%, 03/19/49 | 550 | 500857 |
| &nbsp;&nbsp;&nbsp;7.25%, 03/17/44 | 600 | 586812 |
| &nbsp;&nbsp;&nbsp;7.38%, 01/17/27 | 1200 | 1256604 |
| Petrofac Ltd., 9.75%, 11/15/26 (Call 11/15/23)<sup>(b)</sup> | 350 | 228417 |
| Petroleos del Peru SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/19/32<sup>(d)</sup> | 800 | 614168 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 06/19/47<sup>(d)</sup> | 1400 | 937468 |
| Petroleos Mexicanos |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 01/15/25 | 244 | 234296 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/23/26 | 1144 | 1067489 |
| &nbsp;&nbsp;&nbsp;5.35%, 02/12/28 | 1637 | 1435272 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/27/44<sup>(c)</sup> | 450 | 287955 |
| &nbsp;&nbsp;&nbsp;5.63%, 01/23/46 | 400 | 255600 |
| &nbsp;&nbsp;&nbsp;5.95%, 01/28/31 (Call 10/28/30) | 2639 | 2111279 |
| &nbsp;&nbsp;&nbsp;6.35%, 02/12/48 | 1100 | 734657 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 01/23/45<sup>(c)</sup> | 875 | 591115 |
| &nbsp;&nbsp;&nbsp;6.49%, 01/23/27 (Call 11/23/26) | 1250 | 1179037 |
| &nbsp;&nbsp;&nbsp;6.50%, 03/13/27 | 2645 | 2497462 |
| &nbsp;&nbsp;&nbsp;6.50%, 01/23/29 | 925 | 832148 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 06/02/41<sup>(c)</sup> | 1150 | 827172 |
| &nbsp;&nbsp;&nbsp;6.63%, 06/15/35 | 1800 | 1413108 |
| &nbsp;&nbsp;&nbsp;6.70%, 02/16/32 (Call 11/16/31) | 4700 | 3904196 |
| &nbsp;&nbsp;&nbsp;6.75%, 09/21/47 | 3850 | 2674826 |
| &nbsp;&nbsp;&nbsp;6.84%, 01/23/30 (Call 10/23/29) | 1650 | 1437232 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 10/16/25 (Call 09/16/25)<sup>(c)</sup> | 550 | 551083 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;6.88%, 08/04/26 | $1700 | $1663178 |
| &nbsp;&nbsp;&nbsp;6.95%, 01/28/60 (Call 07/28/59) | 2664 | 1836189 |
| &nbsp;&nbsp;&nbsp;7.69%, 01/23/50 (Call 07/23/49) | 5596 | 4191740 |
| &nbsp;&nbsp;&nbsp;8.75%, 06/02/29 (Call 04/02/29) | 1400 | 1363306 |
| Petroliam Nasional Bhd, 7.63%, 10/15/26<sup>(d)</sup> | 415 | 455790 |
| Petron Corp., 5.95%, (Call 04/19/26)<sup>(a)(d)(f)</sup> | 400 | 351340 |
| Petronas Capital Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.48%, 01/28/32 (Call 10/28/31)<sup>(d)</sup> | 600 | 510504 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 04/28/61 (Call 10/28/60)<sup>(d)</sup> | 1400 | 1034726 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/18/25<sup>(d)</sup> | 800 | 780664 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/21/30 (Call 01/21/30)<sup>(d)</sup> | 2300 | 2156917 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/18/45<sup>(d)</sup> | 900 | 843336 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.55%, 04/21/50 (Call 10/21/49)<sup>(d)</sup> | 1850 | 1733468 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, 04/21/60 (Call 10/21/59)<sup>(d)</sup> | 600 | 581682 |
| Petrons Energy Canada Ltd., 2.11%, 03/23/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/23/28)<sup>(d)</sup> | 400 | 358420 |
| Petrorio Luxembourg Trading Sarl, 6.13%, 06/09/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/09/24)<sup>(d)</sup> | 400 | 385716 |
| Phillips 66 |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 02/15/24 (Call 03/03/23) | 538 | 515829 |
| &nbsp;&nbsp;&nbsp;1.30%, 02/15/26 (Call 01/15/26) | 456 | 414686 |
| &nbsp;&nbsp;&nbsp;2.15%, 12/15/30 (Call 09/15/30) | 512 | 427208 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 12/15/29 (Call 09/15/29)<sup>(b)</sup> | 514 | 464265 |
| &nbsp;&nbsp;&nbsp;3.30%, 03/15/52 (Call 09/15/51) | 570 | 422854 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.55%, 10/01/26 (Call 07/01/26)<sup>(b)</sup> | 801 | 762496 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/01/28 (Call 12/01/27)<sup>(b)</sup> | 767 | 726671 |
| &nbsp;&nbsp;&nbsp;3.85%, 04/09/25 (Call 03/09/25) | 995 | 979339 |
| &nbsp;&nbsp;&nbsp;3.90%, 03/15/28 (Call 12/15/27) | 716 | 696167 |
| &nbsp;&nbsp;&nbsp;4.65%, 11/15/34 (Call 05/15/34) | 1000 | 986650 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.68%, 02/15/45 (Call 08/15/44)<sup>(b)</sup> | 263 | 245579 |
| &nbsp;&nbsp;&nbsp;4.88%, 11/15/44 (Call 05/15/44) | 1613 | 1585966 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.90%, 10/01/46 (Call 04/01/46)<sup>(b)</sup> | 295 | 278586 |
| &nbsp;&nbsp;&nbsp;5.88%, 05/01/42 | 724 | 793620 |
| Pioneer Natural Resources Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.13%, 01/15/26 (Call 12/15/25) | 1120 | 1013712 |
| &nbsp;&nbsp;&nbsp;1.90%, 08/15/30 (Call 05/15/30) | 1020 | 836349 |
| &nbsp;&nbsp;&nbsp;2.15%, 01/15/31 (Call 10/15/30) | 559 | 463221 |
| Precision Drilling Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 01/15/29 (Call 01/15/25)<sup>(b)</sup> | 240 | 231670 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 01/15/26 (Call 11/15/23)<sup>(b)</sup> | 220 | 218854 |
| PTTEP Canada International Finance Ltd., 6.35%, 06/12/42<sup>(b)(c)</sup> | 200 | 213148 |
| PTTEP Treasury Center Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.59%, 06/10/27 (Call 04/10/27)<sup>(d)</sup> | 200 | 182998 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.99%, 01/15/30 (Call 07/15/29)<sup>(d)</sup> | 200 | 177816 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 12/06/59<sup>(c)(d)</sup> | 400 | 291216 |
| Puma International Financing SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/24/26 (Call 02/13/23)<sup>(b)</sup> | 700 | 642747 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 10/06/24 (Call 02/13/23)<sup>(b)</sup> | 200 | 193658 |
| Qatar Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 09/12/26 (Call 08/12/26)<sup>(d)</sup> | 1200 | 1081548 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 07/12/31 (Call 04/12/31)<sup>(d)</sup> | 2000 | 1703540 |
| Qatar Petroleum |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 07/12/41 (Call 01/12/41)<sup>(d)</sup> | 2800 | 2223900 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 07/12/51 (Call 01/12/51)<sup>(d)</sup> | 2800 | 2145024 |
| Raizen Fuels Finance SA, 5.30%, 01/20/27<sup>(d)</sup> | 600 | 589062 |
| Range Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | 315 | 283292 |
| &nbsp;&nbsp;&nbsp;4.88%, 05/15/25 (Call 02/15/25) | 475 | 461168 |
| &nbsp;&nbsp;&nbsp;8.25%, 01/15/29 (Call 01/15/24) | 520 | 535543 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| Ras Laffan Liquefied Natural Gas Co. Ltd. 3 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.84%, 09/30/27<sup>(b)</sup> | $1038 | $1054034 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.33%, 09/30/27<sup>(b)</sup> | 206 | 210361 |
| Reliance Industries Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 01/12/32<sup>(d)</sup> | 1140 | 948355 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/12/52<sup>(d)</sup> | 1250 | 902387 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.67%, 11/30/27<sup>(d)</sup> | 850 | 805001 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/12/62<sup>(d)</sup> | 250 | 176258 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 01/28/25<sup>(d)</sup> | 650 | 636057 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 02/10/45<sup>(d)</sup> | 750 | 678652 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 10/19/40<sup>(d)</sup> | 250 | 265545 |
| Rockcliff Energy II LLC, 5.50%, 10/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/24)<sup>(b)</sup> | 605 | 575633 |
| SA Global Sukuk Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.95%, 06/17/24 (Call 05/17/24)<sup>(d)</sup> | 800 | 757720 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.60%, 06/17/26 (Call 05/17/26)<sup>(d)</sup> | 1400 | 1285802 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.69%, 06/17/31 (Call 03/17/31)<sup>(d)</sup> | 2400 | 2127888 |
| Santos Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.65%, 04/29/31 (Call 01/29/31)<sup>(b)</sup> | 525 | 442591 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 03/13/29 (Call 12/13/28)<sup>(d)</sup> | 400 | 386008 |
| Saudi Arabian Oil Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 11/24/25 (Call 10/24/25)<sup>(d)</sup> | 800 | 738720 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 11/24/30 (Call 08/24/30)<sup>(d)</sup> | 1600 | 1358368 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/16/24<sup>(d)</sup> | 800 | 779680 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/24/50 (Call 05/24/50)<sup>(d)</sup> | 2000 | 1457620 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/16/29<sup>(d)</sup> | 2000 | 1880740 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/24/70 (Call 05/24/70)<sup>(d)</sup> | 1600 | 1126800 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/16/39<sup>(d)</sup> | 2000 | 1841640 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/16/49<sup>(d)</sup> | 1700 | 1514105 |
| SEPLAT Energy PLC, 7.75%, 04/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/01/23)<sup>(d)</sup> | 400 | 348156 |
| Shelf Drilling Holdings Ltd., 8.25%, 02/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/23)<sup>(d)</sup> | 626 | 591532 |
| Shell International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 11/07/24 (Call 10/07/24) | 964 | 925132 |
| &nbsp;&nbsp;&nbsp;2.38%, 11/07/29 (Call 08/07/29) | 767 | 687109 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/12/26 | 731 | 688734 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/06/30 (Call 01/06/30) | 1223 | 1115633 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/10/26 | 1655 | 1579979 |
| &nbsp;&nbsp;&nbsp;2.88%, 11/26/41 (Call 05/26/41) | 650 | 506356 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/26/51 (Call 05/26/51) | 1195 | 880094 |
| &nbsp;&nbsp;&nbsp;3.13%, 11/07/49 (Call 05/07/49) | 822 | 628172 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/11/25 | 1365 | 1333387 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/06/50 (Call 10/06/49) | 998 | 780236 |
| &nbsp;&nbsp;&nbsp;3.63%, 08/21/42 | 805 | 693781 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/12/46 | 1189 | 1014360 |
| &nbsp;&nbsp;&nbsp;3.88%, 11/13/28 (Call 08/23/28) | 650 | 639801 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/10/46 | 1651 | 1470182 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/11/35 | 1252 | 1216168 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/11/45 | 1464 | 1382470 |
| &nbsp;&nbsp;&nbsp;4.55%, 08/12/43 | 856 | 828831 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/25/40 | 663 | 714747 |
| &nbsp;&nbsp;&nbsp;6.38%, 12/15/38 | 1713 | 2001692 |
| Sierracol Energy Andina Co., 6.00%, 06/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/15/24)<sup>(d)</sup> | 400 | 331176 |
| Sinopec Capital 2013 Ltd., 4.25%, 04/24/43<sup>(d)</sup> | 650 | 560059 |
| Sinopec Group Development Ltd., 3.10%, 01/08/51 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/08/50)<sup>(d)</sup> | 800 | 576792 |
| Sinopec Group Overseas Development 2013 Ltd., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 10/17/43<sup>(d)</sup> | 600 | 629802 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| Sinopec Group Overseas Development 2014 Ltd., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/10/24<sup>(d)</sup> | $800 | $796272 |
| Sinopec Group Overseas Development 2015 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/28/25<sup>(d)</sup> | 800 | 773448 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.10%, 04/28/45<sup>(d)</sup> | 600 | 529110 |
| Sinopec Group Overseas Development 2016 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 09/29/26<sup>(d)</sup> | 800 | 750928 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 05/03/26<sup>(d)</sup> | 200 | 193432 |
| Sinopec Group Overseas Development 2017 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/13/27<sup>(d)</sup> | 225 | 215231 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 04/12/27<sup>(d)</sup> | 200 | 194880 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/12/47<sup>(d)</sup> | 200 | 179504 |
| Sinopec Group Overseas Development 2018 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.45%, 01/08/26 (Call 12/08/25)<sup>(d)</sup> | 1200 | 1097160 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.15%, 05/13/25 (Call 04/13/25)<sup>(d)</sup> | 700 | 659946 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 01/08/31 (Call 10/08/30)<sup>(d)</sup> | 2100 | 1826937 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 08/08/24 (Call 07/08/24)<sup>(d)</sup> | 600 | 580284 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 11/12/24 (Call 10/12/24)<sup>(d)</sup> | 600 | 576972 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 05/13/30 (Call 02/13/30)<sup>(d)</sup> | 2800 | 2527952 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 08/08/29 (Call 05/08/29)<sup>(d)</sup> | 600 | 555504 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 11/12/29 (Call 08/12/29)<sup>(d)</sup> | 1065 | 978277 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.35%, 05/13/50 (Call 11/13/49)<sup>(d)</sup> | 200 | 152206 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.44%, 11/12/49 (Call 05/11/49)<sup>(d)</sup> | 200 | 154722 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.68%, 08/08/49 (Call 02/08/49)<sup>(d)</sup> | 200 | 162026 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 09/12/25<sup>(d)</sup> | 600 | 589734 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 09/12/28<sup>(d)</sup> | 400 | 399088 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 09/12/48<sup>(d)</sup> | 200 | 189088 |
| SM Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;5.63%, 06/01/25 (Call 06/01/23) | 230 | 225471 |
| &nbsp;&nbsp;&nbsp;6.50%, 07/15/28 (Call 07/15/24) | 265 | 253478 |
| &nbsp;&nbsp;&nbsp;6.63%, 01/15/27 (Call 01/15/24) | 257 | 250966 |
| &nbsp;&nbsp;&nbsp;6.75%, 09/15/26 (Call 09/15/23) | 281 | 276664 |
| Southwestern Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 02/01/32 (Call 02/01/27) | 725 | 639044 |
| &nbsp;&nbsp;&nbsp;5.38%, 02/01/29 (Call 02/01/24) | 400 | 376048 |
| &nbsp;&nbsp;&nbsp;5.38%, 03/15/30 (Call 03/15/25) | 990 | 922581 |
| &nbsp;&nbsp;&nbsp;5.70%, 01/23/25 (Call 10/23/24) | 290 | 287735 |
| &nbsp;&nbsp;&nbsp;7.75%, 10/01/27 (Call 10/01/23) | 359 | 374351 |
| &nbsp;&nbsp;&nbsp;8.38%, 09/15/28 (Call 09/15/23) | 325 | 341270 |
| Strathcona Resources Ltd., 6.88%, 08/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/01/23)<sup>(b)</sup> | 330 | 284170 |
| Suncor Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/04/51 (Call 09/04/50)<sup>(c)</sup> | 486 | 386919 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/47 (Call 05/15/47) | 461 | 386359 |
| &nbsp;&nbsp;&nbsp;5.95%, 12/01/34 | 274 | 286374 |
| &nbsp;&nbsp;&nbsp;6.50%, 06/15/38 | 590 | 644557 |
| &nbsp;&nbsp;&nbsp;6.80%, 05/15/38 | 1110 | 1246963 |
| &nbsp;&nbsp;&nbsp;6.85%, 06/01/39 | 465 | 516527 |
| &nbsp;&nbsp;&nbsp;7.15%, 02/01/32 | 290 | 325139 |
| Sunoco LP/Sunoco Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/29 (Call 05/15/24) | 495 | 448757 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/30/30 (Call 04/30/25) | 458 | 408261 |
| &nbsp;&nbsp;&nbsp;5.88%, 03/15/28 (Call 03/15/23) | 405 | 397001 |
| &nbsp;&nbsp;&nbsp;6.00%, 04/15/27 (Call 04/15/23) | 400 | 399808 |
| Talos Production Inc., 12.00%, 01/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 01/15/24) | 375 | 397695 |
| Tap Rock Resources LLC, 7.00%, 10/01/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/01/23)<sup>(b)</sup> | 450 | 426568 |
| Teine Energy Ltd., 6.88%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 355 | 330714 |
| Tengizchevroil Finance Co. International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 08/15/25 (Call 05/15/25)<sup>(d)</sup> | 800 | 717088 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 08/15/30 (Call 02/15/30)<sup>(d)</sup> | $500 | $381610 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/15/26<sup>(d)</sup> | 800 | 711952 |
| Thaioil Treasury Center Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/18/30<sup>(d)</sup> | 1200 | 977280 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/17/49<sup>(d)</sup> | 200 | 129836 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/18/50<sup>(d)</sup> | 600 | 405312 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 11/20/48<sup>(d)</sup> | 400 | 342776 |
| Tosco Corp., 8.13%, 02/15/30 | 110 | 132019 |
| TotalEnergies Capital International SA |  |  |
| &nbsp;&nbsp;&nbsp;2.43%, 01/10/25 (Call 10/10/24) | 1006 | 969070 |
| &nbsp;&nbsp;&nbsp;2.83%, 01/10/30 (Call 10/10/29) | 1215 | 1107776 |
| &nbsp;&nbsp;&nbsp;2.99%, 06/29/41 (Call 12/29/40) | 1055 | 844770 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/29/50 (Call 11/29/49) | 1227 | 937551 |
| &nbsp;&nbsp;&nbsp;3.39%, 06/29/60 (Call 12/29/59) | 408 | 312344 |
| &nbsp;&nbsp;&nbsp;3.45%, 02/19/29 (Call 11/19/28) | 1095 | 1044915 |
| &nbsp;&nbsp;&nbsp;3.46%, 07/12/49 (Call 01/12/49) | 961 | 776373 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/10/24 | 1243 | 1230881 |
| TotalEnergies Capital SA, 3.88%, 10/11/28 | 1006 | 994361 |
| Transocean Guardian Ltd., 5.88%, 01/15/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/15/23)<sup>(b)</sup> | 290 | 294004 |
| Transocean Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.80%, 03/15/38<sup>(c)</sup> | 420 | 296470 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 11/01/25 (Call 11/01/23)<sup>(b)(c)</sup> | 210 | 199601 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/15/26 (Call 01/15/24)<sup>(b)</sup> | 340 | 319389 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/15/31<sup>(c)</sup> | 340 | 261304 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 02/01/27 (Call 02/01/23)<sup>(b)</sup> | 375 | 343969 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 02/15/30 (Call 02/15/26)<sup>(b)</sup> | 800 | 826016 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.35%, 12/15/41<sup>(c)</sup> | 150 | 116247 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.50%, 01/30/27 (Call 07/30/23)<sup>(b)</sup> | 504 | 526267 |
| Transocean Pontus Ltd., 6.13%, 08/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/01/23)<sup>(b)</sup> | 258 | 265453 |
| Transocean Poseidon Ltd., 6.88%, 02/01/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/01/23)<sup>(b)</sup> | 267 | 264962 |
| Transocean Titan Financing Ltd., 8.38%, 02/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 02/01/25) | 310 | 321703 |
| Tullow Oil PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 03/01/25 (Call 03/02/23)<sup>(d)</sup> | 400 | 285488 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.25%, 05/15/26 (Call 05/15/23)<sup>(d)</sup> | 1161 | 998901 |
| Turkiye Petrol Rafinerileri AS, 4.50%, 10/18/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/20/24)<sup>(d)</sup> | 400 | 382524 |
| Valero Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.15%, 09/15/27 (Call 07/15/27) | 616 | 554351 |
| &nbsp;&nbsp;&nbsp;2.80%, 12/01/31 (Call 09/01/31) | 460 | 393001 |
| &nbsp;&nbsp;&nbsp;3.40%, 09/15/26 (Call 06/15/26) | 120 | 115084 |
| &nbsp;&nbsp;&nbsp;3.65%, 12/01/51 (Call 06/01/51) | 450 | 344210 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/52 (Call 12/01/51) | 305 | 247623 |
| &nbsp;&nbsp;&nbsp;4.35%, 06/01/28 (Call 03/01/28) | 303 | 299461 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.90%, 03/15/45<sup>(c)</sup> | 903 | 860622 |
| &nbsp;&nbsp;&nbsp;6.63%, 06/15/37 | 1193 | 1331806 |
| &nbsp;&nbsp;&nbsp;7.50%, 04/15/32 | 465 | 541604 |
| Var Energi ASA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/18/27 (Call 04/18/27)<sup>(b)</sup> | 350 | 337579 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/15/28 (Call 12/15/27)<sup>(b)</sup> | 400 | 421424 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/15/32 (Call 08/15/32)<sup>(b)</sup> | 325 | 355937 |
| Vermilion Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 03/15/25 (Call 03/15/23)<sup>(b)(c)</sup> | 482 | 474129 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 05/01/30 (Call 05/01/25)<sup>(b)</sup> | 270 | 248962 |
| Viper Energy Partners LP, 5.38%, 11/01/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/01/23)<sup>(b)</sup> | 290 | 280775 |
| W&T Offshore Inc., 11.75%, 02/01/26 | 245 | 249283 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| Woodside Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.65%, 03/05/25 (Call 12/05/24)<sup>(b)</sup> | $698 | $676920 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 09/15/26 (Call 06/15/26)<sup>(b)</sup> | 200 | 191052 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 03/15/28 (Call 12/15/27)<sup>(b)</sup> | 10 | 9352 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/04/29 (Call 12/04/28)<sup>(b)</sup> | 738 | 713366 |
| YPF SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.95%, 07/21/27<sup>(d)</sup> | 483 | 387347 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 12/15/47 (Call 06/15/47)<sup>(d)</sup> | 800 | 559744 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 07/28/25<sup>(d)</sup> | 1076 | 987596 |
| YPF Sociedad Anonima, 9.00%, 02/12/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/12/25)<sup>(d)(g)</sup> | 20 | 19736 |
|  |  | 381485956 |
| **Oil & Gas Services — 0.1%** |  |  |
| Archrock Partners LP/Archrock Partners Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 04/01/28 (Call 04/01/23)<sup>(b)</sup> | 575 | 546336 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 04/01/27 (Call 04/01/23)<sup>(b)</sup> | 335 | 327988 |
| Baker Hughes Holdings LLC, 5.13%, 09/15/40 | 953 | 939963 |
| Baker Hughes Holdings LLC/Baker Hughes |  |  |
| &nbsp;&nbsp;&nbsp;Co-Obligor Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.06%, 12/15/26 (Call 11/15/26) | 345 | 314288 |
| &nbsp;&nbsp;&nbsp;3.14%, 11/07/29 (Call 08/07/29) | 297 | 270217 |
| &nbsp;&nbsp;&nbsp;3.34%, 12/15/27 (Call 09/15/27) | 573 | 543238 |
| &nbsp;&nbsp;&nbsp;4.08%, 12/15/47 (Call 06/15/47) | 1061 | 889707 |
| &nbsp;&nbsp;&nbsp;4.49%, 05/01/30 (Call 02/01/30) | 151 | 148652 |
| Bristow Group Inc., 6.88%, 03/01/28 (Call 03/01/24)<sup>(b)</sup> | 250 | 238138 |
| CGG SA, 8.75%, 04/01/27 (Call 04/01/24)<sup>(b)(c)</sup> | 300 | 266895 |
| COSL Singapore Capital Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 06/24/25 (Call 05/24/25)<sup>(d)</sup> | 200 | 186118 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/24/30 (Call 03/24/30)<sup>(d)</sup> | 800 | 694056 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/30/25<sup>(d)</sup> | 200 | 197782 |
| CSI Compressco LP/CSI Compressco Finance Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/01/25 (Call 04/01/23)<sup>(b)</sup> | 205 | 194691 |
| Enerflex Ltd., 9.00%, 10/15/27 (Call 10/15/24)<sup>(b)</sup> | 380 | 386844 |
| Halliburton Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.92%, 03/01/30 (Call 12/01/29) | 659 | 588665 |
| &nbsp;&nbsp;&nbsp;3.80%, 11/15/25 (Call 08/15/25) | 301 | 296009 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/15/41 (Call 05/15/41) | 320 | 285792 |
| &nbsp;&nbsp;&nbsp;4.75%, 08/01/43 (Call 02/01/43) | 824 | 761763 |
| &nbsp;&nbsp;&nbsp;4.85%, 11/15/35 (Call 05/15/35) | 1172 | 1146872 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/45 (Call 05/15/45) | 1070 | 1017698 |
| &nbsp;&nbsp;&nbsp;6.70%, 09/15/38 | 783 | 882840 |
| &nbsp;&nbsp;&nbsp;7.45%, 09/15/39 | 429 | 515375 |
| KCA Deutag UK Finance PLC, 9.88%, 12/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/13/23)<sup>(b)</sup> | 250 | 241975 |
| KLX Energy Services Holdings Inc., 11.50%, 11/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/01/23)<sup>(b)</sup> | 155 | 146480 |
| NOV Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 12/01/29 (Call 09/01/29) | 218 | 199941 |
| &nbsp;&nbsp;&nbsp;3.95%, 12/01/42 (Call 06/01/42) | 710 | 543044 |
| Oceaneering International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.65%, 11/15/24 (Call 09/30/24) | 270 | 263558 |
| &nbsp;&nbsp;&nbsp;6.00%, 02/01/28 (Call 11/01/27) | 200 | 192566 |
| Schlumberger Finance Canada Ltd., 1.40%, 09/17/25 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 08/17/25) | 570 | 529638 |
| Schlumberger Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/01/24 (Call 04/01/24)<sup>(b)</sup> | 1200 | 1184568 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 05/17/28 (Call 02/17/28)<sup>(b)</sup> | 792 | 758799 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/21/25 (Call 09/21/25)<sup>(b)</sup> | 832 | 817215 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 05/01/29 (Call 02/01/29)<sup>(b)</sup> | 885 | 855645 |
| Schlumberger Investment SA, 2.65%, 06/26/30 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 03/26/30) | 800 | 712440 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas Services (continued)** |  |  |
| TechnipFMC PLC, 6.50%, 02/01/26 (Call 02/01/23)<sup>(b)</sup> | $134 | $133168 |
| Transocean Phoenix 2 Ltd., 7.75%, 10/15/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/23)<sup>(b)</sup> | 170 | 172305 |
| Transocean Proteus Ltd., 6.25%, 12/01/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/01/23)<sup>(b)(c)</sup> | 144 | 145477 |
| USA Compression Partners LP/USA Compression Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.88%, 04/01/26 (Call 04/01/23) | 430 | 421972 |
| &nbsp;&nbsp;&nbsp;6.88%, 09/01/27 (Call 09/01/23) | 500 | 485145 |
| Weatherford International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/15/28 (Call 09/15/24)<sup>(b)</sup> | 300 | 298545 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.63%, 04/30/30 (Call 10/30/24)<sup>(b)</sup> | 1140 | 1149154 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.00%, 12/01/24 (Call 12/01/23)<sup>(b)</sup> | 160 | 164853 |
| Welltec International ApS, 8.25%, 10/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/23)<sup>(b)(c)</sup> | 200 | 201676 |
|  |  | 21258091 |
| **Packaging & Containers — 0.2%** |  |  |
| Amcor Finance USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 04/28/26 (Call 01/28/26) | 603 | 579115 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/28 (Call 02/15/28) | 192 | 187152 |
| Amcor Flexibles North America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.63%, 06/19/30 (Call 03/19/30) | 526 | 448199 |
| &nbsp;&nbsp;&nbsp;2.69%, 05/25/31 (Call 02/25/31) | 840 | 710371 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/17/25 (Call 04/17/25) | 300 | 293730 |
| ARD Finance SA, 6.50%, 06/30/27 (Call 11/15/23), (7.25% PIK)<sup>(b)(h)</sup> | 630 | 493693 |
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/01/28 (Call 05/15/24)<sup>(b)</sup> | 365 | 320247 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/01/29 (Call 05/15/24)<sup>(b)</sup> | 735 | 608624 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/27 (Call 06/15/24)<sup>(b)</sup> | 350 | 350014 |
| Ardagh Packaging Finance PLC/Ardagh Holdings USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/15/26 (Call 08/15/23)<sup>(b)</sup> | 868 | 792345 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/30/25 (Call 04/30/23)<sup>(b)</sup> | 415 | 406434 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/15/27 (Call 08/15/23)<sup>(b)</sup> | 1335 | 1097685 |
| Ball Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 08/15/30 (Call 05/15/30)<sup>(c)</sup> | 901 | 740334 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/15/31 (Call 06/15/31) | 565 | 463097 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/26 (Call 12/15/25) | 565 | 556706 |
| &nbsp;&nbsp;&nbsp;5.25%, 07/01/25 | 700 | 696297 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/15/28 (Call 11/15/24) | 490 | 505768 |
| Berry Global Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.95%, 02/15/24 (Call 01/15/24) | 388 | 370912 |
| &nbsp;&nbsp;&nbsp;1.57%, 01/15/26 (Call 12/15/25) | 1472 | 1329510 |
| &nbsp;&nbsp;&nbsp;1.65%, 01/15/27 (Call 12/15/26) | 882 | 771688 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/26 (Call 02/15/23)<sup>(b)</sup> | 196 | 190322 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/26 (Call 07/15/23)<sup>(b)</sup> | 1550 | 1509018 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/15/27 (Call 07/15/23)<sup>(b)(c)</sup> | 335 | 329322 |
| Brambles USA Inc., 4.13%, 10/23/25 (Call 07/25/25)<sup>(b)</sup> | 110 | 107278 |
| Canpack SA/Canpack U.S. LLC, 3.88%, 11/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/15/24)<sup>(d)</sup> | 425 | 352754 |
| Cascades Inc./Cascades USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/15/26 (Call 01/15/24)<sup>(b)</sup> | 155 | 144680 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 345 | 321464 |
| CCL Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.05%, 06/01/30 (Call 03/01/30)<sup>(b)</sup> | 1010 | 860025 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 10/01/26 (Call 07/01/26)<sup>(b)</sup> | 10 | 9193 |
| Clydesdale Acquisition Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 04/15/29 (Call 04/15/25)<sup>(b)</sup> | 320 | 315277 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 04/15/30 (Call 04/15/25)<sup>(b)</sup> | 820 | 725159 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Packaging & Containers (continued)** |  |  |
| Crown Americas LLC, 5.25%, 04/01/30 (Call 01/01/30) | $305 | $293563 |
| Crown Americas LLC/Crown Americas Capital Corp. V, 4.25%, 09/30/26 (Call 03/31/26) | 272 | 260149 |
| Crown Americas LLC/Crown Americas Capital Corp. VI, 4.75%, 02/01/26 (Call 02/01/23) | 609 | 594232 |
| Crown Cork & Seal Co. Inc., 7.38%, 12/15/26 | 235 | 245432 |
| Graham Packaging Co. Inc., 7.13%, 08/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/23)<sup>(b)</sup> | 345 | 303069 |
| Graphic Packaging International LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/15/28<sup>(b)</sup> | 388 | 348839 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/29 (Call 09/01/28)<sup>(b)</sup> | 325 | 286228 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/01/30 (Call 08/01/29)<sup>(b)</sup> | 195 | 170177 |
| &nbsp;&nbsp;&nbsp;4.13%, 08/15/24 (Call 05/15/24) | 118 | 116117 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/15/27 (Call 04/15/27)<sup>(b)</sup> | 175 | 168376 |
| Intelligent Packaging Ltd. Finco Inc./Intelligent Packaging Ltd. Co-Issuer LLC, 6.00%, 09/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/15/23)<sup>(b)</sup> | 465 | 414715 |
| Klabin Austria GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 01/12/31 (Call 10/12/30)<sup>(d)</sup> | 600 | 490614 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/03/29 (Call 01/03/29)<sup>(d)</sup> | 400 | 400704 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 04/03/49 (Call 10/03/48)<sup>(d)</sup> | 400 | 404628 |
| LABL Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 11/01/28 (Call 11/01/24)<sup>(b)</sup> | 360 | 325350 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 07/15/26 (Call 07/15/23)<sup>(b)</sup> | 490 | 474884 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 11/01/29 (Call 11/01/24)<sup>(b)</sup> | 320 | 268176 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.50%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 475 | 451716 |
| Matthews International Corp., 5.25%, 12/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/01/23)<sup>(b)</sup> | 141 | 134538 |
| Mauser Packaging Solutions Holding Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/24 (Call 02/24/23)<sup>(b)</sup> | 1024 | 1023058 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 04/15/25 (Call 03/03/23)<sup>(b)</sup> | 975 | 948324 |
| &nbsp;&nbsp;&nbsp;7.88%, 08/15/26 | 1110 | 1119712 |
| OI European Group BV, 4.75%, 02/15/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/15/24)<sup>(b)</sup> | 235 | 211166 |
| Owens-Brockway Glass Container Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 01/15/25<sup>(b)</sup> | 345 | 334719 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 08/15/25<sup>(b)</sup> | 200 | 196114 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 05/13/27 (Call 05/15/23)<sup>(b)</sup> | 390 | 383401 |
| Packaging Corp. of America |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 12/15/29 (Call 09/15/29) | 388 | 343803 |
| &nbsp;&nbsp;&nbsp;3.05%, 10/01/51 (Call 04/01/51) | 300 | 210372 |
| &nbsp;&nbsp;&nbsp;3.40%, 12/15/27 (Call 09/15/27) | 644 | 608651 |
| &nbsp;&nbsp;&nbsp;3.65%, 09/15/24 (Call 06/15/24) | 245 | 239875 |
| &nbsp;&nbsp;&nbsp;4.05%, 12/15/49 (Call 06/15/49) | 275 | 229468 |
| Pactiv Evergreen Group Issuer Inc./Pactiv Evergreen |  |  |
| &nbsp;&nbsp;&nbsp;Group Issuer LLC/Reynolds Gro, 4.00%, 10/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/23)<sup>(b)</sup> | 785 | 705197 |
| Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen |  |  |
| &nbsp;&nbsp;&nbsp;Group Issuer Inc., 4.38%, 10/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/24)<sup>(b)</sup> | 320 | 284534 |
| Pactiv LLC |  |  |
| &nbsp;&nbsp;&nbsp;7.95%, 12/15/25 | 210 | 208123 |
| &nbsp;&nbsp;&nbsp;8.38%, 04/15/27 | 170 | 167081 |
| Sealed Air Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.57%, 10/15/26 (Call 09/15/26)<sup>(b)</sup> | 590 | 518940 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/01/27 (Call 09/01/27)<sup>(b)</sup> | 354 | 327383 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/29 (Call 04/15/25)<sup>(b)</sup> | 235 | 222813 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/01/24 (Call 09/01/24)<sup>(b)</sup> | 305 | 303847 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/15/25 (Call 06/15/25)<sup>(b)</sup> | 250 | 248753 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 02/01/28 (Call 02/01/24)<sup>(b)</sup> | 525 | 529893 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 07/15/33<sup>(b)</sup> | 305 | 317206 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Packaging & Containers (continued)** |  |  |
| Silgan Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.40%, 04/01/26 (Call 03/01/26)<sup>(b)</sup> | $360 | $321926 |
| &nbsp;&nbsp;&nbsp;4.13%, 02/01/28 (Call 10/01/23) | 385 | 359829 |
| Sonoco Products Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 02/01/25 (Call 02/01/23) | 820 | 770037 |
| &nbsp;&nbsp;&nbsp;2.25%, 02/01/27 (Call 01/01/27) | 565 | 514342 |
| &nbsp;&nbsp;&nbsp;2.85%, 02/01/32 (Call 11/01/31) | 700 | 597751 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/01/30 (Call 02/01/30) | 460 | 409865 |
| &nbsp;&nbsp;&nbsp;5.75%, 11/01/40 (Call 05/01/40) | 15 | 15467 |
| Trident TPI Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 11/01/25 (Call 02/13/23)<sup>(b)</sup> | 220 | 198438 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.25%, 08/01/24 (Call 08/01/23)<sup>(b)</sup> | 328 | 322217 |
| TriMas Corp., 4.13%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 275 | 244758 |
| Trivium Packaging Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/26 (Call 08/15/23)<sup>(b)</sup> | 670 | 643729 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 08/15/27 (Call 08/15/23)<sup>(b)(c)</sup> | 465 | 447558 |
| WestRock MWV LLC |  |  |
| &nbsp;&nbsp;&nbsp;7.95%, 02/15/31 | 150 | 174963 |
| &nbsp;&nbsp;&nbsp;8.20%, 01/15/30 | 142 | 166709 |
| WRKCo Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 09/15/24 (Call 07/15/24) | 784 | 756748 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/15/33 (Call 03/15/33) | 259 | 219795 |
| &nbsp;&nbsp;&nbsp;3.38%, 09/15/27 (Call 06/15/27) | 125 | 117225 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/15/25 (Call 01/15/25) | 245 | 238877 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/01/28 (Call 03/01/28) | 575 | 547458 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/15/28 (Call 12/15/27) | 265 | 253457 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/01/32 (Call 03/01/32) | 342 | 324144 |
| &nbsp;&nbsp;&nbsp;4.65%, 03/15/26 (Call 01/15/26) | 970 | 966721 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/15/29 (Call 12/15/28) | 618 | 613940 |
|  |  | 41646307 |
| **Pharmaceuticals — 1.2%** |  |  |
| 180 Medical Inc., 3.88%, 10/15/29 (Call 10/07/24)<sup>(b)</sup> | 330 | 293403 |
| AbbVie Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.60%, 11/21/24 (Call 10/21/24) | 2543 | 2450791 |
| &nbsp;&nbsp;&nbsp;2.95%, 11/21/26 (Call 09/21/26) | 1480 | 1403972 |
| &nbsp;&nbsp;&nbsp;3.20%, 05/14/26 (Call 02/14/26) | 1281 | 1230734 |
| &nbsp;&nbsp;&nbsp;3.20%, 11/21/29 (Call 08/21/29) | 3533 | 3281627 |
| &nbsp;&nbsp;&nbsp;3.60%, 05/14/25 (Call 02/14/25) | 2303 | 2246001 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/15/25 (Call 12/15/24) | 1523 | 1494550 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/15/24 (Call 03/15/24) | 697 | 688524 |
| &nbsp;&nbsp;&nbsp;4.05%, 11/21/39 (Call 05/21/39) | 2374 | 2139330 |
| &nbsp;&nbsp;&nbsp;4.25%, 11/14/28 (Call 08/14/28) | 1191 | 1179852 |
| &nbsp;&nbsp;&nbsp;4.25%, 11/21/49 (Call 05/21/49) | 4219 | 3779465 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/14/36 (Call 11/14/35) | 1345 | 1276808 |
| &nbsp;&nbsp;&nbsp;4.40%, 11/06/42 | 2138 | 1973695 |
| &nbsp;&nbsp;&nbsp;4.45%, 05/14/46 (Call 11/14/45) | 1670 | 1538153 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/14/35 (Call 11/14/34) | 1674 | 1639080 |
| &nbsp;&nbsp;&nbsp;4.55%, 03/15/35 (Call 09/15/34) | 1567 | 1538622 |
| &nbsp;&nbsp;&nbsp;4.63%, 10/01/42 (Call 04/01/42) | 493 | 463957 |
| &nbsp;&nbsp;&nbsp;4.70%, 05/14/45 (Call 11/14/44) | 1743 | 1666256 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/45 (Call 09/15/44) | 730 | 701435 |
| &nbsp;&nbsp;&nbsp;4.85%, 06/15/44 (Call 12/15/43) | 635 | 617709 |
| &nbsp;&nbsp;&nbsp;4.88%, 11/14/48 (Call 05/14/48) | 1082 | 1060025 |
| AdaptHealth LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/01/29 (Call 02/01/24)<sup>(b)</sup> | 465 | 404573 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 03/01/30 (Call 03/01/25)<sup>(b)</sup> | 415 | 369674 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 08/01/28 (Call 08/01/23)<sup>(b)</sup> | 295 | 279940 |
| AmerisourceBergen Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 03/15/31 (Call 12/15/30) | 390 | 338703 |
| &nbsp;&nbsp;&nbsp;2.80%, 05/15/30 (Call 02/15/30) | 497 | 437027 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pharmaceuticals (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 03/01/25 (Call 12/01/24) | $575 | $556617 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/15/24 (Call 02/15/24) | 705 | 691344 |
| &nbsp;&nbsp;&nbsp;3.45%, 12/15/27 (Call 09/15/27) | 769 | 734849 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/01/45 (Call 09/01/44) | 315 | 278577 |
| &nbsp;&nbsp;&nbsp;4.30%, 12/15/47 (Call 06/15/47) | 714 | 643663 |
| Astrazeneca Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;0.70%, 05/28/24 (Call 03/03/23) | 610 | 579232 |
| &nbsp;&nbsp;&nbsp;1.20%, 05/28/26 (Call 04/28/26) | 270 | 243999 |
| &nbsp;&nbsp;&nbsp;1.75%, 05/28/28 (Call 03/28/28) | 620 | 545736 |
| &nbsp;&nbsp;&nbsp;2.25%, 05/28/31 (Call 02/28/31) | 229 | 198085 |
| AstraZeneca PLC |  |  |
| &nbsp;&nbsp;&nbsp;0.70%, 04/08/26 (Call 03/08/26) | 1125 | 1004063 |
| &nbsp;&nbsp;&nbsp;1.38%, 08/06/30 (Call 05/06/30) | 1137 | 933181 |
| &nbsp;&nbsp;&nbsp;2.13%, 08/06/50 (Call 02/06/50) | 1065 | 682282 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/28/51 (Call 11/28/50) | 745 | 567407 |
| &nbsp;&nbsp;&nbsp;3.13%, 06/12/27 (Call 03/12/27) | 685 | 655661 |
| &nbsp;&nbsp;&nbsp;3.38%, 11/16/25 | 929 | 907215 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/17/29 (Call 10/17/28) | 1214 | 1201957 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/18/42 | 1075 | 997063 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/16/45 | 894 | 865329 |
| &nbsp;&nbsp;&nbsp;4.38%, 08/17/48 (Call 02/17/48) | 633 | 609016 |
| &nbsp;&nbsp;&nbsp;6.45%, 09/15/37 | 1432 | 1713474 |
| Bausch Health Americas Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 01/31/27 (Call 07/31/23)<sup>(b)</sup> | 676 | 356502 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.25%, 04/01/26 (Call 04/01/23)<sup>(b)(c)</sup> | 300 | 223104 |
| Bausch Health Companies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 325 | 145444 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 250 | 115658 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.00%, 12/15/25 (Call 12/15/23)<sup>(b)</sup> | 255 | 201129 |
| Bausch Health Cos. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/01/28 (Call 06/01/24)<sup>(b)</sup> | 1115 | 715730 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/30/30 (Call 01/30/25)<sup>(b)</sup> | 700 | 306803 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 02/15/31 (Call 02/15/26)<sup>(b)(c)</sup> | 500 | 227775 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 11/01/25 (Call 03/03/23)<sup>(b)</sup> | 1345 | 1139807 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 08/15/27 (Call 08/15/23)<sup>(b)</sup> | 340 | 229313 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 02/01/27 (Call 02/01/24)<sup>(b)</sup> | 670 | 456793 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.00%, 09/30/28<sup>(b)</sup> | 2131 | 1668424 |
| &nbsp;&nbsp;&nbsp;&nbsp;14.00%, 10/15/30 (Call 10/15/25)<sup>(b)</sup> | 447 | 287555 |
| Bayer Corp., 6.65%, 02/15/28<sup>(b)(c)</sup> | 350 | 363717 |
| Bayer U.S. Finance II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 07/15/24 (Call 04/15/24)<sup>(b)</sup> | 1169 | 1140266 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/15/45 (Call 10/15/44)<sup>(b)</sup> | 586 | 452755 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 07/15/34 (Call 01/15/34)<sup>(b)</sup> | 1045 | 941859 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 12/15/25 (Call 10/15/25)<sup>(b)</sup> | 912 | 896250 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 12/15/28 (Call 09/15/28)<sup>(b)</sup> | 1277 | 1241052 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 07/15/44 (Call 01/15/44)<sup>(b)</sup> | 854 | 711758 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/25/38 (Call 12/25/37)<sup>(b)</sup> | 440 | 407924 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 07/15/64 (Call 01/15/64)<sup>(b)</sup> | 541 | 458736 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/25/48 (Call 12/25/47)<sup>(b)(c)</sup> | 470 | 431455 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/30/35<sup>(b)</sup> | 635 | 639235 |
| Bayer U.S. Finance LLC, 3.38%, 10/08/24<sup>(b)</sup> | 345 | 335509 |
| Becton Dickinson and Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.96%, 02/11/31 (Call 11/11/30) | 1005 | 828090 |
| &nbsp;&nbsp;&nbsp;2.82%, 05/20/30 (Call 02/20/30) | 540 | 480098 |
| &nbsp;&nbsp;&nbsp;3.36%, 06/06/24 (Call 04/06/24) | 642 | 629487 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/06/27 (Call 03/06/27) | 1171 | 1139360 |
| &nbsp;&nbsp;&nbsp;3.73%, 12/15/24 (Call 09/15/24) | 324 | 318333 |
| &nbsp;&nbsp;&nbsp;3.79%, 05/20/50 (Call 11/20/49) | 415 | 341122 |
| &nbsp;&nbsp;&nbsp;4.30%, 08/22/32 (Call 05/22/32) | 455 | 444153 |
| &nbsp;&nbsp;&nbsp;4.67%, 06/06/47 (Call 12/06/46) | 1135 | 1070850 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pharmaceuticals (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.69%, 12/15/44 (Call 06/15/44) | $329 | $312853 |
| BellRing Brands Inc., 7.00%, 03/15/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/15/27)<sup>(b)</sup> | 625 | 623663 |
| Bristol-Myers Squibb Co. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 11/13/25 (Call 10/13/25) | 1339 | 1215825 |
| &nbsp;&nbsp;&nbsp;1.13%, 11/13/27 (Call 09/13/27) | 660 | 578734 |
| &nbsp;&nbsp;&nbsp;1.45%, 11/13/30 (Call 08/13/30) | 780 | 638274 |
| &nbsp;&nbsp;&nbsp;2.35%, 11/13/40 (Call 05/13/40) | 1020 | 744896 |
| &nbsp;&nbsp;&nbsp;2.55%, 11/13/50 (Call 05/13/50) | 1083 | 738032 |
| &nbsp;&nbsp;&nbsp;2.90%, 07/26/24 (Call 06/26/24) | 1391 | 1358437 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/15/32 (Call 12/15/31) | 930 | 842980 |
| &nbsp;&nbsp;&nbsp;3.20%, 06/15/26 (Call 04/15/26) | 1187 | 1150013 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/27/27 | 350 | 338510 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/01/42 | 808 | 661768 |
| &nbsp;&nbsp;&nbsp;3.40%, 07/26/29 (Call 04/26/29) | 1769 | 1686706 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 11/15/27 (Call 08/15/27)<sup>(c)</sup> | 1295 | 1257406 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/15/42 (Call 09/15/41) | 875 | 757645 |
| &nbsp;&nbsp;&nbsp;3.63%, 05/15/24 (Call 02/15/24) | 300 | 296793 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/15/52 (Call 09/15/51) | 1055 | 891137 |
| &nbsp;&nbsp;&nbsp;3.90%, 02/20/28 (Call 11/20/27) | 1348 | 1328858 |
| &nbsp;&nbsp;&nbsp;3.90%, 03/15/62 (Call 09/15/61) | 620 | 524030 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/15/39 (Call 12/15/38) | 1728 | 1625322 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/26/49 (Call 04/26/49) | 1916 | 1765134 |
| &nbsp;&nbsp;&nbsp;4.35%, 11/15/47 (Call 05/15/47) | 878 | 827998 |
| &nbsp;&nbsp;&nbsp;4.55%, 02/20/48 (Call 08/20/47) | 988 | 960899 |
| &nbsp;&nbsp;&nbsp;4.63%, 05/15/44 (Call 11/15/43) | 350 | 343410 |
| &nbsp;&nbsp;&nbsp;5.00%, 08/15/45 (Call 02/15/45) | 145 | 150269 |
| Cardinal Health Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.08%, 06/15/24 (Call 04/15/24) | 871 | 849155 |
| &nbsp;&nbsp;&nbsp;3.41%, 06/15/27 (Call 03/15/27) | 967 | 921793 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/24 (Call 08/15/24) | 450 | 438710 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/15/25 (Call 06/15/25) | 769 | 750721 |
| &nbsp;&nbsp;&nbsp;4.37%, 06/15/47 (Call 12/15/46) | 269 | 226727 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/15/44 (Call 05/15/44) | 376 | 324616 |
| &nbsp;&nbsp;&nbsp;4.60%, 03/15/43 | 360 | 316206 |
| &nbsp;&nbsp;&nbsp;4.90%, 09/15/45 (Call 03/15/45) | 363 | 330134 |
| Cheplapharm Arzneimittel GmbH, 5.50%, 01/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/24)<sup>(b)</sup> | 400 | 356476 |
| Cigna Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.61%, 03/15/24 (Call 03/03/23) | 715 | 681745 |
| &nbsp;&nbsp;&nbsp;1.25%, 03/15/26 (Call 02/15/26) | 1315 | 1186091 |
| &nbsp;&nbsp;&nbsp;2.38%, 03/15/31 (Call 12/15/30) | 1025 | 869836 |
| &nbsp;&nbsp;&nbsp;2.40%, 03/15/30 (Call 12/15/29) | 1182 | 1020362 |
| &nbsp;&nbsp;&nbsp;3.05%, 10/15/27 (Call 07/15/27) | 937 | 879000 |
| &nbsp;&nbsp;&nbsp;3.20%, 03/15/40 (Call 09/15/39) | 385 | 307761 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/15/25 (Call 01/15/25) | 540 | 524410 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/01/27 (Call 12/01/26) | 803 | 768736 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/15/50 (Call 09/15/49) | 1285 | 974762 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/15/51 (Call 09/15/50) | 861 | 654386 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/15/24 (Call 03/17/24) | 1130 | 1110315 |
| &nbsp;&nbsp;&nbsp;3.88%, 10/15/47 (Call 04/15/47) | 762 | 626996 |
| &nbsp;&nbsp;&nbsp;4.13%, 11/15/25 (Call 09/15/25) | 1526 | 1508771 |
| &nbsp;&nbsp;&nbsp;4.38%, 10/15/28 (Call 07/15/28) | 1455 | 1442865 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/25/26 (Call 11/27/25) | 842 | 839238 |
| &nbsp;&nbsp;&nbsp;4.80%, 08/15/38 (Call 02/15/38) | 1120 | 1096771 |
| &nbsp;&nbsp;&nbsp;4.80%, 07/15/46 (Call 01/16/46) | 1115 | 1060220 |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/48 (Call 06/15/48) | 1822 | 1745585 |
| &nbsp;&nbsp;&nbsp;6.13%, 11/15/41 | 830 | 928778 |
| CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.30%, 08/21/27 (Call 06/21/27) | 2095 | 1816176 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pharmaceuticals (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 08/21/30 (Call 05/21/30) | $869 | $702752 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/28/31 (Call 11/28/30) | 1283 | 1039679 |
| &nbsp;&nbsp;&nbsp;2.13%, 09/15/31 (Call 06/15/31) | 815 | 668952 |
| &nbsp;&nbsp;&nbsp;2.63%, 08/15/24 (Call 07/15/24) | 914 | 885675 |
| &nbsp;&nbsp;&nbsp;2.70%, 08/21/40 (Call 02/21/40) | 1246 | 900958 |
| &nbsp;&nbsp;&nbsp;2.88%, 06/01/26 (Call 03/01/26) | 1231 | 1164760 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/15/26 (Call 06/15/26) | 700 | 662032 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/15/29 (Call 05/15/29) | 1150 | 1054838 |
| &nbsp;&nbsp;&nbsp;3.38%, 08/12/24 (Call 05/12/24) | 701 | 686651 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/01/27 (Call 02/01/27) | 462 | 446606 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/30 (Call 01/01/30) | 1225 | 1147752 |
| &nbsp;&nbsp;&nbsp;3.88%, 07/20/25 (Call 04/20/25) | 1618 | 1585850 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/25/25 (Call 01/25/25) | 187 | 185541 |
| &nbsp;&nbsp;&nbsp;4.13%, 04/01/40 (Call 10/01/39) | 1394 | 1217338 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/50 (Call 10/01/49) | 849 | 721837 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/25/28 (Call 12/25/27) | 2479 | 2437948 |
| &nbsp;&nbsp;&nbsp;4.78%, 03/25/38 (Call 09/25/37) | 3387 | 3241732 |
| &nbsp;&nbsp;&nbsp;4.88%, 07/20/35 (Call 01/20/35) | 911 | 906263 |
| &nbsp;&nbsp;&nbsp;5.05%, 03/25/48 (Call 09/25/47) | 4943 | 4696987 |
| &nbsp;&nbsp;&nbsp;5.13%, 07/20/45 (Call 01/20/45) | 1239 | 1192438 |
| &nbsp;&nbsp;&nbsp;5.30%, 12/05/43 (Call 06/05/43) | 986 | 975578 |
| &nbsp;&nbsp;&nbsp;6.13%, 09/15/39 | 476 | 509725 |
| &nbsp;&nbsp;&nbsp;6.25%, 06/01/27 | 559 | 595972 |
| Elanco Animal Health Inc., 6.40%, 08/28/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/28/28)<sup>(c)</sup> | 632 | 620858 |
| Eli Lilly & Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 05/15/50 (Call 11/15/49) | 715 | 483018 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/15/60 (Call 03/15/60) | 717 | 478856 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/01/25 (Call 03/01/25) | 550 | 530228 |
| &nbsp;&nbsp;&nbsp;3.10%, 05/15/27 (Call 02/15/27) | 1160 | 1110967 |
| &nbsp;&nbsp;&nbsp;3.38%, 03/15/29 (Call 12/15/28) | 300 | 287961 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/01/45 (Call 09/01/44) | 55 | 49606 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/15/47 (Call 11/15/46) | 555 | 523387 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/15/49 (Call 09/15/48) | 200 | 189178 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/15/59 (Call 09/15/58) | 260 | 244559 |
| &nbsp;&nbsp;&nbsp;5.55%, 03/15/37 | 200 | 223548 |
| EMD Finance LLC, 3.25%, 03/19/25 (Call 12/19/24)<sup>(b)</sup> | 705 | 682236 |
| GlaxoSmithKline Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 05/15/25 | 448 | 441517 |
| &nbsp;&nbsp;&nbsp;3.88%, 05/15/28 | 688 | 674797 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/18/43 | 299 | 276387 |
| &nbsp;&nbsp;&nbsp;5.38%, 04/15/34 | 608 | 652779 |
| &nbsp;&nbsp;&nbsp;6.38%, 05/15/38 | 1786 | 2136020 |
| GlaxoSmithKline Capital PLC |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/24 (Call 05/01/24) | 1014 | 992655 |
| &nbsp;&nbsp;&nbsp;3.38%, 06/01/29 (Call 03/01/29) | 755 | 716706 |
| Herbalife Nutrition Ltd./HLF Financing Inc., 7.88%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;09/01/25 (Call 03/03/23)<sup>(b)</sup> | 395 | 372414 |
| Hikma Finance USA LLC, 3.25%, 07/09/25<sup>(d)</sup> | 400 | 377796 |
| HLF Financing Sarl LLC/Herbalife International Inc., 4.88%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 415 | 303498 |
| Horizon Therapeutics USA Inc., 5.50%, 08/01/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/01/23)<sup>(b)</sup> | 400 | 408384 |
| Jazz Securities DAC, 4.38%, 01/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/15/24)<sup>(b)</sup> | 985 | 899847 |
| Johnson & Johnson |  |  |
| &nbsp;&nbsp;&nbsp;0.55%, 09/01/25 (Call 08/01/25) | 918 | 839539 |
| &nbsp;&nbsp;&nbsp;0.95%, 09/01/27 (Call 07/01/27) | 563 | 495282 |
| &nbsp;&nbsp;&nbsp;1.30%, 09/01/30 (Call 06/01/30) | 373 | 311227 |
| &nbsp;&nbsp;&nbsp;2.10%, 09/01/40 (Call 03/01/40) | 883 | 647107 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/01/50 (Call 03/01/50) | 741 | 503472 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pharmaceuticals (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 03/01/26 (Call 12/01/25) | $746 | $712102 |
| &nbsp;&nbsp;&nbsp;2.45%, 09/01/60 (Call 03/01/60) | 835 | 557555 |
| &nbsp;&nbsp;&nbsp;2.63%, 01/15/25 (Call 11/15/24) | 599 | 580443 |
| &nbsp;&nbsp;&nbsp;2.90%, 01/15/28 (Call 10/15/27) | 839 | 799273 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/03/27 (Call 12/03/26) | 853 | 822156 |
| &nbsp;&nbsp;&nbsp;3.40%, 01/15/38 (Call 07/15/37) | 808 | 730933 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/48 (Call 07/15/47) | 376 | 326842 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/01/36 (Call 09/01/35) | 700 | 653527 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/03/37 (Call 09/03/36) | 1391 | 1301294 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/01/46 (Call 09/01/45) | 1369 | 1232168 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/03/47 (Call 09/03/46) | 730 | 660577 |
| &nbsp;&nbsp;&nbsp;4.38%, 12/05/33 (Call 06/05/33) | 856 | 878924 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/01/40 | 360 | 363445 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/05/43 (Call 06/05/43) | 510 | 524882 |
| &nbsp;&nbsp;&nbsp;4.85%, 05/15/41 | 185 | 192326 |
| &nbsp;&nbsp;&nbsp;4.95%, 05/15/33 | 122 | 132319 |
| &nbsp;&nbsp;&nbsp;5.85%, 07/15/38 | 591 | 693225 |
| &nbsp;&nbsp;&nbsp;5.95%, 08/15/37 | 980 | 1144699 |
| &nbsp;&nbsp;&nbsp;6.95%, 09/01/29 | 59 | 71693 |
| Lannett Co. Inc., 7.75%, 04/15/26 (Call 04/15/23)<sup>(b)</sup> | 205 | 52742 |
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;10.00%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 200 | 136782 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.00%, 06/15/29 (Call 06/15/26)<sup>(b)</sup> | 235 | 134728 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.50%, 12/15/28 (Call 06/15/27)<sup>(b)</sup> | 430 | 386377 |
| McKesson Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 12/03/25 (Call 11/03/25) | 345 | 310476 |
| &nbsp;&nbsp;&nbsp;1.30%, 08/15/26 (Call 07/15/26) | 865 | 772038 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/15/24 (Call 12/15/23) | 459 | 452822 |
| &nbsp;&nbsp;&nbsp;3.95%, 02/16/28 (Call 11/16/27) | 830 | 801539 |
| Mead Johnson Nutrition Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 11/15/25 (Call 08/15/25) | 1224 | 1210671 |
| &nbsp;&nbsp;&nbsp;4.60%, 06/01/44 (Call 12/01/43) | 375 | 356186 |
| &nbsp;&nbsp;&nbsp;5.90%, 11/01/39 | 223 | 242020 |
| Merck & Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 02/24/26 (Call 01/24/26) | 1954 | 1758366 |
| &nbsp;&nbsp;&nbsp;1.45%, 06/24/30 (Call 03/24/30) | 813 | 675066 |
| &nbsp;&nbsp;&nbsp;1.70%, 06/10/27 (Call 05/10/27) | 960 | 867283 |
| &nbsp;&nbsp;&nbsp;1.90%, 12/10/28 (Call 10/10/28) | 910 | 803075 |
| &nbsp;&nbsp;&nbsp;2.15%, 12/10/31 (Call 09/10/31) | 1270 | 1077747 |
| &nbsp;&nbsp;&nbsp;2.35%, 06/24/40 (Call 12/24/39) | 1506 | 1118160 |
| &nbsp;&nbsp;&nbsp;2.45%, 06/24/50 (Call 12/24/49) | 1083 | 741790 |
| &nbsp;&nbsp;&nbsp;2.75%, 02/10/25 (Call 11/10/24) | 1535 | 1487814 |
| &nbsp;&nbsp;&nbsp;2.75%, 12/10/51 (Call 06/10/51) | 740 | 533829 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/07/24 (Call 02/07/24) | 395 | 387147 |
| &nbsp;&nbsp;&nbsp;2.90%, 12/10/61 (Call 06/10/61) | 685 | 477178 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/07/29 (Call 12/07/28) | 1366 | 1312781 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/15/42 (Call 03/15/42) | 375 | 327428 |
| &nbsp;&nbsp;&nbsp;3.70%, 02/10/45 (Call 08/10/44) | 2042 | 1806843 |
| &nbsp;&nbsp;&nbsp;3.90%, 03/07/39 (Call 09/07/38) | 423 | 390437 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/07/49 (Call 09/07/48) | 439 | 399982 |
| &nbsp;&nbsp;&nbsp;4.15%, 05/18/43 | 840 | 797622 |
| &nbsp;&nbsp;&nbsp;6.50%, 12/01/33 | 800 | 941424 |
| &nbsp;&nbsp;&nbsp;6.55%, 09/15/37 | 275 | 329805 |
| Merck Sharp & Dohme Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 11/15/36 | 353 | 390870 |
| &nbsp;&nbsp;&nbsp;5.95%, 12/01/28 | 165 | 180188 |
| Mylan Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.55%, 04/15/28 (Call 01/15/28) | 734 | 707745 |
| &nbsp;&nbsp;&nbsp;5.20%, 04/15/48 (Call 10/15/47) | 725 | 594739 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pharmaceuticals (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.40%, 11/29/43 (Call 05/29/43) | $571 | $492025 |
| Novartis Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 02/14/25 (Call 01/14/25) | 440 | 417679 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/14/27 (Call 12/14/26) | 480 | 444658 |
| &nbsp;&nbsp;&nbsp;2.20%, 08/14/30 (Call 05/14/30) | 791 | 697330 |
| &nbsp;&nbsp;&nbsp;2.75%, 08/14/50 (Call 02/14/50) | 631 | 472890 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/20/25 (Call 08/20/25) | 584 | 563846 |
| &nbsp;&nbsp;&nbsp;3.10%, 05/17/27 (Call 02/17/27) | 1108 | 1067414 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/06/24 | 1240 | 1222652 |
| &nbsp;&nbsp;&nbsp;3.70%, 09/21/42 | 275 | 244918 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/20/45 (Call 05/20/45) | 1040 | 978806 |
| &nbsp;&nbsp;&nbsp;4.40%, 05/06/44 | 1613 | 1602338 |
| Option Care Health Inc., 4.38%, 10/31/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/31/24)<sup>(b)</sup> | 380 | 329604 |
| Organon & Co./Organon Foreign Debt Co.-Issuer BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/30/28 (Call 04/30/24)<sup>(b)</sup> | 1400 | 1270430 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/30/31 (Call 04/30/26)<sup>(b)</sup> | 1333 | 1200100 |
| Owens & Minor Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 12/15/24 (Call 09/15/24)<sup>(c)</sup> | 470 | 459369 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/31/29 (Call 03/31/24)<sup>(b)</sup> | 440 | 358679 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 04/01/30 (Call 04/01/25)<sup>(b)</sup> | 345 | 305356 |
| P&L Development LLC/PLD Finance Corp., 7.75%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;11/15/25 (Call 11/15/23)<sup>(b)</sup> | 325 | 263890 |
| Perrigo Finance Unlimited Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 12/15/24 (Call 09/15/24) | 430 | 416296 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/26 (Call 12/15/25) | 424 | 402401 |
| &nbsp;&nbsp;&nbsp;4.40%, 06/15/30 (Call 03/15/30) | 625 | 548525 |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/44 (Call 06/15/44) | 225 | 166851 |
| Pfizer Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.80%, 05/28/25 (Call 04/28/25) | 867 | 801013 |
| &nbsp;&nbsp;&nbsp;1.70%, 05/28/30 (Call 02/28/30) | 1150 | 976178 |
| &nbsp;&nbsp;&nbsp;1.75%, 08/18/31 (Call 05/18/31) | 573 | 479057 |
| &nbsp;&nbsp;&nbsp;2.55%, 05/28/40 (Call 11/28/39) | 849 | 654290 |
| &nbsp;&nbsp;&nbsp;2.63%, 04/01/30 (Call 01/01/30) | 557 | 504297 |
| &nbsp;&nbsp;&nbsp;2.70%, 05/28/50 (Call 11/28/49) | 293 | 213916 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/03/26 | 1114 | 1065864 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/15/24 (Call 02/15/24) | 1050 | 1030428 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/15/26 | 1288 | 1240318 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/15/24 | 578 | 569688 |
| &nbsp;&nbsp;&nbsp;3.45%, 03/15/29 (Call 12/15/28) | 1032 | 995364 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/15/28 (Call 06/15/28) | 902 | 881750 |
| &nbsp;&nbsp;&nbsp;3.90%, 03/15/39 (Call 09/15/38) | 250 | 232080 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/15/36 | 502 | 485093 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/15/49 (Call 09/15/48) | 576 | 533474 |
| &nbsp;&nbsp;&nbsp;4.10%, 09/15/38 (Call 03/15/38) | 965 | 928398 |
| &nbsp;&nbsp;&nbsp;4.13%, 12/15/46 | 745 | 703816 |
| &nbsp;&nbsp;&nbsp;4.20%, 09/15/48 (Call 03/15/48) | 989 | 939352 |
| &nbsp;&nbsp;&nbsp;4.30%, 06/15/43 | 673 | 654344 |
| &nbsp;&nbsp;&nbsp;4.40%, 05/15/44 | 1016 | 1002467 |
| &nbsp;&nbsp;&nbsp;5.60%, 09/15/40 | 442 | 488706 |
| &nbsp;&nbsp;&nbsp;7.20%, 03/15/39 | 1499 | 1923082 |
| Pharmacia LLC, 6.60%, 12/01/28. | 218 | 245570 |
| PRA Health Sciences Inc., 2.88%, 07/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/15/23)<sup>(b)</sup> | 275 | 251639 |
| Prestige Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/01/31 (Call 04/01/26)<sup>(b)</sup> | 446 | 378391 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 340 | 326288 |
| Sanofi, 3.63%, 06/19/28 (Call 03/19/28) | 614 | 599669 |
| Shire Acquisitions Investments Ireland DAC, 3.20%, |  |  |
| &nbsp;&nbsp;&nbsp;09/23/26 (Call 06/23/26) | 1334 | 1274650 |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* | *Value* |
| **Pharmaceuticals (continued)** |  |  |  |
| Takeda Pharmaceutical Co. Ltd. |  |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 03/31/30 (Call 12/31/29) $| 1148 | $— | 969199 |
| &nbsp;&nbsp;&nbsp;3.03%, 07/09/40 (Call 01/09/40) | 1276 |  | 996173 |
| &nbsp;&nbsp;&nbsp;3.18%, 07/09/50 (Call 01/09/50) | 1288 |  | 949462 |
| &nbsp;&nbsp;&nbsp;3.38%, 07/09/60 (Call 01/09/60) | 495 |  | 359152 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/26/28 (Call 08/26/28) | 1543 |  | 1567827 |
| Teva Pharmaceutical Finance Co. LLC, 6.15%, 02/01/36 | 622 |  | 580643 |
| Teva Pharmaceutical Finance Netherlands III BV |  |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 10/01/26 | 2265 |  | 2031161 |
| &nbsp;&nbsp;&nbsp;4.10%, 10/01/46 | 1295 |  | 898769 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/09/27 (Call 02/09/27) | 1054 |  | 979545 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/09/29 (Call 02/09/29)<sup>(c)</sup> | 415 |  | 383423 |
| &nbsp;&nbsp;&nbsp;6.00%, 04/15/24 (Call 01/15/24) | 800 |  | 797384 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 03/01/28 (Call 12/01/27)<sup>(c)</sup> | 1000 |  | 1005120 |
| &nbsp;&nbsp;&nbsp;7.13%, 01/31/25 (Call 10/31/24) | 700 |  | 709422 |
| Utah Acquisition Sub Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 06/15/26 (Call 03/15/26) | 1063 |  | 1013060 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/15/46 (Call 12/15/45) | 890 |  | 744004 |
| Viatris Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 06/22/25 (Call 05/22/25) | 802 |  | 737399 |
| &nbsp;&nbsp;&nbsp;2.30%, 06/22/27 (Call 04/22/27) | 705 |  | 621782 |
| &nbsp;&nbsp;&nbsp;2.70%, 06/22/30 (Call 03/22/30) | 386 |  | 318253 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/22/40 (Call 12/22/39) | 938 |  | 684412 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/22/50 (Call 12/22/49) | 1154 |  | 800103 |
| Wyeth LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;5.95%, 04/01/37 | 1756 |  | 1991848 |
| &nbsp;&nbsp;&nbsp;6.00%, 02/15/36 | 622 |  | 699022 |
| &nbsp;&nbsp;&nbsp;6.45%, 02/01/24 | 845 |  | 857852 |
| &nbsp;&nbsp;&nbsp;6.50%, 02/01/34 | 861 |  | 1006750 |
| Zoetis Inc. |  |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 05/15/30 (Call 02/15/30) | 619 |  | 524640 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/12/27 (Call 06/15/27) | 668 |  | 630311 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/50 (Call 11/15/49) | 370 |  | 268035 |
| &nbsp;&nbsp;&nbsp;3.90%, 08/20/28 (Call 05/20/28) | 421 |  | 410993 |
| &nbsp;&nbsp;&nbsp;3.95%, 09/12/47 (Call 03/12/47) | 525 |  | 452629 |
| &nbsp;&nbsp;&nbsp;4.45%, 08/20/48 (Call 02/20/48) | 360 |  | 328856 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/13/25 (Call 08/13/25) | 495 |  | 493525 |
| &nbsp;&nbsp;&nbsp;4.70%, 02/01/43 (Call 08/01/42) | 1264 |  | 1207904 |
|  |  |  | 254393309 |
| **Pipelines — 1.0%** |  |  |  |
| Abu Dhabi Crude Oil Pipeline LLC |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.65%, 11/02/29<sup>(d)</sup> | 600 |  | 567114 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 11/02/47<sup>(d)</sup> | 1600 |  | 1524528 |
| Acu Petroleo Luxembourg Sarl, 7.50%, 01/13/32 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/13/27)<sup>(d)</sup> | 497 |  | 467402 |
| AI Candelaria Spain SLU, 5.75%, 06/15/33 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/15/28)<sup>(d)</sup> | 250 |  | 193955 |
| Antero Midstream Partners LP/Antero Midstream |  |  |  |
| &nbsp;&nbsp;&nbsp;Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 561 |  | 521012 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 03/01/27 (Call 03/01/23)<sup>(b)</sup> | 385 |  | 373358 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 410 |  | 393137 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 05/15/26 (Call 05/15/23)<sup>(b)</sup> | 365 |  | 374516 |
| Blue Racer Midstream LLC/Blue Racer Finance Corp. |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 07/15/26 (Call 07/15/23)<sup>(b)</sup> | 178 |  | 175985 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 12/15/25 (Call 12/15/23)<sup>(b)</sup> | 360 |  | 365533 |
| Boardwalk Pipelines LP |  |  |  |
| &nbsp;&nbsp;&nbsp;3.40%, 02/15/31 (Call 11/15/30) | 420 |  | 374102 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/01/32 (Call 06/01/32) | 45 |  | 39222 |
| &nbsp;&nbsp;&nbsp;4.45%, 07/15/27 (Call 04/15/27) | 515 |  | 501847 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pipelines (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.80%, 05/03/29 (Call 02/03/29) | $404 | $398405 |
| &nbsp;&nbsp;&nbsp;4.95%, 12/15/24 (Call 09/15/24) | 255 | 253299 |
| &nbsp;&nbsp;&nbsp;5.95%, 06/01/26 (Call 03/01/26) | 323 | 331314 |
| Buckeye Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 12/01/26 (Call 09/01/26) | 455 | 417503 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 03/01/25 (Call 02/01/25)<sup>(b)</sup> | 345 | 327964 |
| &nbsp;&nbsp;&nbsp;4.13%, 12/01/27 (Call 09/01/27) | 335 | 303004 |
| &nbsp;&nbsp;&nbsp;4.35%, 10/15/24 (Call 07/15/24) | 301 | 292018 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/28 (Call 12/01/27)<sup>(b)</sup> | 405 | 371539 |
| &nbsp;&nbsp;&nbsp;5.60%, 10/15/44 (Call 04/15/44) | 222 | 169373 |
| &nbsp;&nbsp;&nbsp;5.85%, 11/15/43 (Call 05/15/43) | 275 | 210653 |
| &nbsp;&nbsp;&nbsp;6.75%, 08/15/33 | 100 | 92005 |
| Cameron LNG LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.90%, 07/15/31 (Call 04/15/31)<sup>(b)</sup> | 958 | 858809 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 01/15/35 (Call 09/15/34)<sup>(b)</sup> | 982 | 857806 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 01/15/38 (Call 07/15/37)<sup>(b)</sup> | 665 | 576947 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 01/15/39 (Call 07/15/38)<sup>(b)</sup> | 725 | 616794 |
| Cheniere Corpus Christi Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.74%, 12/31/39 (Call 07/04/39) | 750 | 614752 |
| &nbsp;&nbsp;&nbsp;3.70%, 11/15/29 (Call 05/18/29) | 851 | 799497 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/30/27 (Call 01/01/27) | 788 | 793847 |
| &nbsp;&nbsp;&nbsp;5.88%, 03/31/25 (Call 10/02/24) | 1057 | 1067803 |
| Cheniere Energy Inc., 4.63%, 10/15/28 (Call 10/15/23) | 1846 | 1759293 |
| Cheniere Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 01/31/32 (Call 01/31/27) | 880 | 734518 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/31 (Call 03/01/26) | 970 | 870148 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/29 (Call 10/01/24) | 1195 | 1121543 |
| CNPC Global Capital Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.35%, 06/23/25 (Call 05/23/25)<sup>(d)</sup> | 400 | 368568 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/23/30 (Call 03/23/30)<sup>(d)</sup> | 1200 | 1027248 |
| CNX Midstream Partners LP, 4.75%, 04/15/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/15/25)<sup>(b)</sup> | 255 | 215651 |
| Colonial Enterprises Inc., 3.25%, 05/15/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/30)<sup>(b)</sup> | 466 | 417396 |
| Colonial Pipeline Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/01/25 (Call 07/01/25)<sup>(b)</sup> | 80 | 77613 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 04/15/43 (Call 10/15/42)<sup>(b)</sup> | 71 | 59877 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/15/48 (Call 10/15/47)<sup>(b)</sup> | 545 | 474205 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 04/15/32<sup>(b)</sup> | 15 | 17545 |
| Colorado Interstate Gas Co. LLC/Colorado Interstate |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Issuing Corp., 4.15%, 08/15/26 (Call 05/15/26)<sup>(b)</sup> | 643 | 620720 |
| Columbia Pipeline Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/25 (Call 03/01/25) | 229 | 227088 |
| &nbsp;&nbsp;&nbsp;5.80%, 06/01/45 (Call 12/01/44) | 507 | 535940 |
| CQP Holdco LP/BIP-V Chinook Holdco LLC, 5.50%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;06/15/31 (Call 06/15/26)<sup>(b)</sup> | 820 | 747381 |
| Crestwood Midstream Partners LP/Crestwood |  |  |
| &nbsp;&nbsp;&nbsp;Midstream Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/01/27 (Call 05/01/23)<sup>(b)(c)</sup> | 430 | 411256 |
| &nbsp;&nbsp;&nbsp;5.75%, 04/01/25 (Call 04/01/23) | 365 | 359963 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 465 | 441443 |
| &nbsp;&nbsp;&nbsp;7.38%, 02/01/31 | 415 | 417561 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 330 | 337059 |
| DCP Midstream Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 02/15/32 (Call 08/15/31) | 255 | 221172 |
| &nbsp;&nbsp;&nbsp;5.13%, 05/15/29 (Call 02/15/29) | 390 | 389532 |
| &nbsp;&nbsp;&nbsp;5.38%, 07/15/25 (Call 04/15/25) | 675 | 674980 |
| &nbsp;&nbsp;&nbsp;5.60%, 04/01/44 (Call 10/01/43) | 425 | 424307 |
| &nbsp;&nbsp;&nbsp;5.63%, 07/15/27 (Call 04/15/27) | 683 | 695014 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.45%, 11/03/36<sup>(b)</sup> | 195 | 204830 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 09/15/37<sup>(b)</sup> | 545 | 600704 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pipelines (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;8.13%, 08/16/30 | $190 | $217379 |
| Delek Logistics Partners LP/Delek Logistics Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.75%, 05/15/25 (Call 05/15/23) | 176 | 171787 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 06/01/28 (Call 06/01/24)<sup>(b)</sup> | 260 | 239270 |
| DT Midstream Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 775 | 683496 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/15/31 (Call 06/15/26)<sup>(b)</sup> | 685 | 598813 |
| Eastern Gas Transmission & Storage Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 11/15/29 (Call 08/15/29) | 584 | 523188 |
| &nbsp;&nbsp;&nbsp;4.60%, 12/15/44 (Call 06/15/44) | 410 | 362530 |
| &nbsp;&nbsp;&nbsp;4.80%, 11/01/43 (Call 05/01/43) | 367 | 335218 |
| EIG Pearl Holdings Sarl |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.55%, 08/31/36<sup>(d)</sup> | 800 | 695552 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.39%, 11/30/46<sup>(d)</sup> | 865 | 687364 |
| El Paso Natural Gas Co. LLC, 3.50%, 02/15/32 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/15/31)<sup>(b)</sup> | 605 | 526628 |
| Enbridge Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 09/15/40 (Call 03/15/40) | 460 | 459255 |
| &nbsp;&nbsp;&nbsp;5.88%, 10/15/25 (Call 07/15/25) | 425 | 434813 |
| &nbsp;&nbsp;&nbsp;7.38%, 10/15/45 (Call 04/15/45) | 245 | 293368 |
| &nbsp;&nbsp;&nbsp;Series B, 7.50%, 04/15/38 | 92 | 107081 |
| Enbridge Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.60%, 10/04/26 (Call 09/04/26) | 850 | 760044 |
| &nbsp;&nbsp;&nbsp;2.15%, 02/16/24 | 95 | 92235 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/15/25 (Call 12/15/24) | 433 | 412731 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/14/25 | 120 | 114281 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/01/33 (Call 05/01/33) | 900 | 735120 |
| &nbsp;&nbsp;&nbsp;3.13%, 11/15/29 (Call 08/15/29) | 504 | 456160 |
| &nbsp;&nbsp;&nbsp;3.40%, 08/01/51 (Call 02/01/51) | 380 | 283602 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/10/24 (Call 03/10/24) | 184 | 180186 |
| &nbsp;&nbsp;&nbsp;3.70%, 07/15/27 (Call 04/15/27) | 476 | 457146 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/49 (Call 05/15/49) | 375 | 311254 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/01/26 (Call 09/01/26) | 568 | 556526 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/10/44 (Call 12/10/43) | 810 | 718421 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/01/46 (Call 05/29/46) | 528 | 534943 |
| Energy Transfer LP |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 05/15/25 (Call 04/15/25) | 540 | 515435 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/15/30 (Call 02/15/30) | 1028 | 943313 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/15/24 (Call 02/15/24) | 845 | 830660 |
| &nbsp;&nbsp;&nbsp;3.90%, 07/15/26 (Call 04/15/26) | 950 | 914745 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/01/27 (Call 07/01/27) | 364 | 348406 |
| &nbsp;&nbsp;&nbsp;4.05%, 03/15/25 (Call 12/15/24) | 546 | 535604 |
| &nbsp;&nbsp;&nbsp;4.15%, 09/15/29 (Call 06/15/29) | 452 | 424482 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/15/27 (Call 01/15/27) | 440 | 426474 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/24 (Call 01/01/24) | 474 | 468862 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/15/27 (Call 12/15/26) | 497 | 485653 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/24 (Call 03/15/24) | 705 | 699226 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/26 (Call 10/15/25) | 980 | 972934 |
| &nbsp;&nbsp;&nbsp;4.90%, 02/01/24 (Call 11/01/23) | 118 | 117560 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/15/35 (Call 09/15/34) | 530 | 501136 |
| &nbsp;&nbsp;&nbsp;4.95%, 05/15/28 (Call 02/15/28) | 622 | 614928 |
| &nbsp;&nbsp;&nbsp;4.95%, 06/15/28 (Call 03/15/28) | 460 | 457447 |
| &nbsp;&nbsp;&nbsp;4.95%, 01/15/43 (Call 07/15/42) | 220 | 190824 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/15/44 (Call 11/15/43) | 537 | 471846 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/15/50 (Call 11/15/49) | 1206 | 1054743 |
| &nbsp;&nbsp;&nbsp;5.15%, 02/01/43 (Call 08/01/42) | 602 | 539241 |
| &nbsp;&nbsp;&nbsp;5.15%, 03/15/45 (Call 09/15/44) | 623 | 562033 |
| &nbsp;&nbsp;&nbsp;5.25%, 04/15/29 (Call 01/15/29) | 887 | 895462 |
| &nbsp;&nbsp;&nbsp;5.30%, 04/01/44 (Call 10/01/43) | 170 | 155885 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pipelines (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.30%, 04/15/47 (Call 10/15/46) | $578 | $523784 |
| &nbsp;&nbsp;&nbsp;5.35%, 05/15/45 (Call 11/15/44) | 619 | 564788 |
| &nbsp;&nbsp;&nbsp;5.40%, 10/01/47 (Call 04/01/47) | 1068 | 982710 |
| &nbsp;&nbsp;&nbsp;5.50%, 06/01/27 (Call 03/01/27) | 522 | 529736 |
| &nbsp;&nbsp;&nbsp;5.55%, 02/15/28 | 830 | 846733 |
| &nbsp;&nbsp;&nbsp;5.75%, 02/15/33 | 1130 | 1163064 |
| &nbsp;&nbsp;&nbsp;5.95%, 12/01/25 (Call 09/01/25) | 710 | 726536 |
| &nbsp;&nbsp;&nbsp;5.95%, 10/01/43 (Call 04/01/43) | 320 | 317011 |
| &nbsp;&nbsp;&nbsp;6.00%, 06/15/48 (Call 12/15/47) | 760 | 747680 |
| &nbsp;&nbsp;&nbsp;6.05%, 06/01/41 (Call 12/01/40) | 255 | 259955 |
| &nbsp;&nbsp;&nbsp;6.10%, 02/15/42 | 299 | 295657 |
| &nbsp;&nbsp;&nbsp;6.13%, 12/15/45 (Call 06/15/45) | 782 | 781664 |
| &nbsp;&nbsp;&nbsp;6.25%, 04/15/49 (Call 10/15/48) | 1257 | 1276509 |
| &nbsp;&nbsp;&nbsp;6.50%, 02/01/42 (Call 08/01/41) | 840 | 887006 |
| &nbsp;&nbsp;&nbsp;6.63%, 10/15/36 | 242 | 257708 |
| &nbsp;&nbsp;&nbsp;7.50%, 07/01/38 | 630 | 718786 |
| &nbsp;&nbsp;&nbsp;Series 20Y, 5.80%, 06/15/38 (Call 12/15/37) | 127 | 125301 |
| EnLink Midstream LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/01/29 (Call 03/01/29)<sup>(c)</sup> | 335 | 322997 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/15/28 (Call 07/15/27)<sup>(b)</sup> | 300 | 293301 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/01/30 (Call 03/01/30)<sup>(b)</sup> | 490 | 499310 |
| EnLink Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;4.15%, 06/01/25 (Call 03/01/25) | 462 | 445668 |
| &nbsp;&nbsp;&nbsp;4.85%, 07/15/26 (Call 04/15/26) | 288 | 279616 |
| &nbsp;&nbsp;&nbsp;5.05%, 04/01/45 (Call 10/01/44) | 305 | 240651 |
| &nbsp;&nbsp;&nbsp;5.45%, 06/01/47 (Call 12/01/46) | 350 | 290899 |
| &nbsp;&nbsp;&nbsp;5.60%, 04/01/44 (Call 10/01/43) | 241 | 201859 |
| Enterprise Products Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 01/31/30 (Call 10/31/29) | 1320 | 1172741 |
| &nbsp;&nbsp;&nbsp;3.13%, 07/31/29 (Call 04/30/29) | 705 | 644208 |
| &nbsp;&nbsp;&nbsp;3.20%, 02/15/52 (Call 08/15/51) | 583 | 417615 |
| &nbsp;&nbsp;&nbsp;3.30%, 02/15/53 (Call 08/15/52) | 390 | 282910 |
| &nbsp;&nbsp;&nbsp;3.70%, 02/15/26 (Call 11/15/25) | 99 | 96834 |
| &nbsp;&nbsp;&nbsp;3.70%, 01/31/51 (Call 07/31/50) | 769 | 605226 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/15/25 (Call 11/15/24) | 1062 | 1045401 |
| &nbsp;&nbsp;&nbsp;3.90%, 02/15/24 (Call 11/15/23) | 627 | 620398 |
| &nbsp;&nbsp;&nbsp;3.95%, 02/15/27 (Call 11/15/26) | 428 | 419431 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/31/60 (Call 07/31/59) | 717 | 568961 |
| &nbsp;&nbsp;&nbsp;4.15%, 10/16/28 (Call 07/16/28) | 1174 | 1147479 |
| &nbsp;&nbsp;&nbsp;4.20%, 01/31/50 (Call 07/31/49) | 919 | 786113 |
| &nbsp;&nbsp;&nbsp;4.25%, 02/15/48 (Call 08/15/47) | 1056 | 915204 |
| &nbsp;&nbsp;&nbsp;4.45%, 02/15/43 (Call 08/15/42) | 980 | 896788 |
| &nbsp;&nbsp;&nbsp;4.80%, 02/01/49 (Call 08/01/48) | 752 | 698134 |
| &nbsp;&nbsp;&nbsp;4.85%, 08/15/42 (Call 02/15/42) | 532 | 507092 |
| &nbsp;&nbsp;&nbsp;4.85%, 03/15/44 (Call 09/15/43) | 946 | 898624 |
| &nbsp;&nbsp;&nbsp;4.90%, 05/15/46 (Call 11/15/45) | 890 | 839047 |
| &nbsp;&nbsp;&nbsp;4.95%, 10/15/54 (Call 04/15/54) | 308 | 284176 |
| &nbsp;&nbsp;&nbsp;5.05%, 01/10/26 | 695 | 705210 |
| &nbsp;&nbsp;&nbsp;5.10%, 02/15/45 (Call 08/15/44) | 585 | 572867 |
| &nbsp;&nbsp;&nbsp;5.35%, 01/31/33 | 700 | 728035 |
| &nbsp;&nbsp;&nbsp;5.38%, 02/15/78 (Call 02/15/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.570%)<sup>(a)</sup> | 965 | 814788 |
| &nbsp;&nbsp;&nbsp;5.70%, 02/15/42 | 351 | 365858 |
| &nbsp;&nbsp;&nbsp;5.95%, 02/01/41 | 452 | 485367 |
| &nbsp;&nbsp;&nbsp;6.13%, 10/15/39 | 195 | 215888 |
| &nbsp;&nbsp;&nbsp;6.45%, 09/01/40 | 572 | 638020 |
| &nbsp;&nbsp;&nbsp;7.55%, 04/15/38 | 270 | 320144 |
| &nbsp;&nbsp;&nbsp;Series D, 6.88%, 03/01/33. | 250 | 288118 |
| &nbsp;&nbsp;&nbsp;Series E, 5.25%, 08/16/77 (Call 08/16/27), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 3.033%)<sup>(a)</sup> | 260 | 227653 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pipelines (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Series H, 6.65%, 10/15/34 | $330 | $366069 |
| EQM Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/24 (Call 05/01/24) | 280 | 271267 |
| &nbsp;&nbsp;&nbsp;4.13%, 12/01/26 (Call 09/01/26) | 345 | 313236 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/15/29 (Call 07/15/28)<sup>(b)</sup> | 550 | 482229 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/31 (Call 07/15/30)<sup>(b)</sup> | 729 | 617521 |
| &nbsp;&nbsp;&nbsp;5.50%, 07/15/28 (Call 04/15/28) | 660 | 608890 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 07/01/25 (Call 04/01/25)<sup>(b)</sup> | 320 | 315162 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 07/01/27 (Call 01/01/27)<sup>(b)</sup> | 715 | 699306 |
| &nbsp;&nbsp;&nbsp;6.50%, 07/15/48 (Call 01/15/48) | 400 | 310220 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/01/27 (Call 06/01/24)<sup>(b)</sup> | 330 | 330911 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/01/30 (Call 12/01/29)<sup>(b)</sup> | 345 | 344431 |
| Fermaca Enterprises S de Real de CV, 6.38%, 03/30/38 (Call 09/30/37)<sup>(d)</sup> | 196 | 189400 |
| Flex Intermediate Holdco LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.36%, 06/30/31 (Call 12/30/30)<sup>(b)</sup> | 287 | 234324 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.32%, 12/30/39 (Call 06/30/39)<sup>(b)</sup> | 640 | 487667 |
| FLNG Liquefaction 2 LLC, 4.13%, 03/31/38<sup>(b)</sup> | 93 | 82029 |
| FLNG Liquefaction 3 LLC, 5.55%, 03/31/39<sup>(b)</sup> | 56 | 53526 |
| Florida Gas Transmission Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 10/01/31 (Call 07/01/31)<sup>(b)</sup> | 205 | 166503 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.55%, 07/01/30 (Call 04/01/30)<sup>(b)</sup> | 620 | 526727 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 07/15/25 (Call 04/15/25)<sup>(b)</sup> | 186 | 181787 |
| FTAI Infra Escrow Holdings LLC, 10.50%, 06/01/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/01/25)<sup>(b)</sup> | 350 | 352356 |
| Galaxy Pipeline Assets Bidco Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 09/30/27<sup>(d)</sup> | 487 | 452739 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.16%, 03/31/34<sup>(d)</sup> | 925 | 799865 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 03/31/36<sup>(d)</sup> | 1400 | 1145676 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.94%, 09/30/40<sup>(d)</sup> | 1546 | 1269386 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/30/40<sup>(d)</sup> | 900 | 711369 |
| Genesis Energy LP/Genesis Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 05/15/26 (Call 02/15/23) | 340 | 325696 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/01/25 (Call 10/01/23) | 315 | 309573 |
| &nbsp;&nbsp;&nbsp;7.75%, 02/01/28 (Call 02/01/23) | 445 | 430871 |
| &nbsp;&nbsp;&nbsp;8.00%, 01/15/27 (Call 01/15/24) | 690 | 681182 |
| &nbsp;&nbsp;&nbsp;8.88%, 04/15/30 (Call 04/15/26) | 150 | 152453 |
| Global Partners LP/GLP Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.88%, 01/15/29 (Call 01/15/24) | 250 | 235768 |
| &nbsp;&nbsp;&nbsp;7.00%, 08/01/27 (Call 08/01/23) | 265 | 255717 |
| GNL Quintero SA, 4.63%, 07/31/29<sup>(d)</sup> | 459 | 450960 |
| Gray Oak Pipeline LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.60%, 10/15/25 (Call 09/15/25)<sup>(b)</sup> | 220 | 201628 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 10/15/27 (Call 08/15/27)<sup>(b)</sup> | 250 | 225090 |
| Gulfstream Natural Gas System LLC, 4.60%, 09/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/15/25)<sup>(b)</sup> | 515 | 500961 |
| Harvest Midstream I LP, 7.50%, 09/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/01/23)<sup>(b)</sup> | 514 | 505617 |
| Hess Midstream Operations LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | 531 | 465475 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/15/28 (Call 06/15/23)<sup>(b)</sup> | 425 | 401676 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 10/15/30 (Call 10/15/25)<sup>(b)</sup> | 240 | 223781 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/15/26 (Call 02/15/23)<sup>(b)</sup> | 520 | 514831 |
| Holly Energy Partners LP/Holly Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 395 | 367812 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 04/15/27 (Call 04/15/24)<sup>(b)</sup> | 240 | 237720 |
| Howard Midstream Energy Partners LLC, 6.75%, 01/15/27 (Call 01/01/24)<sup>(b)</sup> | 265 | 258362 |
| ITT Holdings LLC, 6.50%, 08/01/29 (Call 08/01/24)<sup>(b)</sup> | 800 | 695472 |
| KazTransGas JSC, 4.38%, 09/26/27<sup>(d)</sup> | 600 | 551334 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pipelines (continued)** |  |  |
| Kinder Morgan Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;4.15%, 02/01/24 (Call 11/01/23) | $393 | $389581 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/01/24 (Call 06/01/24) | 421 | 415897 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/01/24 (Call 02/01/24) | 338 | 335708 |
| &nbsp;&nbsp;&nbsp;4.70%, 11/01/42 (Call 05/01/42) | 145 | 128493 |
| &nbsp;&nbsp;&nbsp;5.00%, 08/15/42 (Call 02/15/42) | 750 | 686257 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/01/43 (Call 09/01/42) | 225 | 204217 |
| &nbsp;&nbsp;&nbsp;5.40%, 09/01/44 (Call 03/01/44) | 710 | 679037 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/01/44 (Call 09/01/43) | 914 | 880794 |
| &nbsp;&nbsp;&nbsp;5.63%, 09/01/41 | 320 | 310339 |
| &nbsp;&nbsp;&nbsp;5.80%, 03/15/35 | 137 | 141121 |
| &nbsp;&nbsp;&nbsp;6.38%, 03/01/41 | 428 | 453012 |
| &nbsp;&nbsp;&nbsp;6.50%, 02/01/37 | 95 | 100917 |
| &nbsp;&nbsp;&nbsp;6.50%, 09/01/39 | 235 | 252872 |
| &nbsp;&nbsp;&nbsp;6.55%, 09/15/40 | 310 | 329028 |
| &nbsp;&nbsp;&nbsp;6.95%, 01/15/38 | 752 | 850865 |
| &nbsp;&nbsp;&nbsp;7.30%, 08/15/33 | 305 | 347002 |
| &nbsp;&nbsp;&nbsp;7.40%, 03/15/31 | 114 | 127410 |
| &nbsp;&nbsp;&nbsp;7.50%, 11/15/40 | 199 | 231043 |
| &nbsp;&nbsp;&nbsp;7.75%, 03/15/32 | 123 | 141173 |
| Kinder Morgan Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 11/15/26 (Call 10/15/26) | 515 | 462166 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/15/31 (Call 11/15/30) | 770 | 622768 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/01/50 (Call 02/01/50) | 305 | 211426 |
| &nbsp;&nbsp;&nbsp;3.60%, 02/15/51 (Call 08/15/50) | 425 | 314832 |
| &nbsp;&nbsp;&nbsp;4.30%, 06/01/25 (Call 03/01/25) | 1271 | 1258443 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/01/28 (Call 12/01/27) | 775 | 760600 |
| &nbsp;&nbsp;&nbsp;4.80%, 02/01/33 (Call 11/01/32) | 500 | 484755 |
| &nbsp;&nbsp;&nbsp;5.05%, 02/15/46 (Call 08/15/45) | 331 | 301965 |
| &nbsp;&nbsp;&nbsp;5.20%, 06/01/33 | 570 | 568250 |
| &nbsp;&nbsp;&nbsp;5.20%, 03/01/48 (Call 09/01/47) | 758 | 707699 |
| &nbsp;&nbsp;&nbsp;5.30%, 12/01/34 (Call 06/01/34) | 1052 | 1044899 |
| &nbsp;&nbsp;&nbsp;5.45%, 08/01/52 (Call 02/01/52) | 465 | 446567 |
| &nbsp;&nbsp;&nbsp;5.55%, 06/01/45 (Call 12/01/44) | 1335 | 1303134 |
| &nbsp;&nbsp;&nbsp;7.75%, 01/15/32 | 763 | 889284 |
| &nbsp;&nbsp;&nbsp;7.80%, 08/01/31 | 228 | 262517 |
| Kinetik Holdings LP, 5.88%, 06/15/30 (Call 06/15/25)<sup>(b)</sup> | 675 | 643822 |
| Magellan Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 06/01/30 (Call 03/01/30) | 220 | 199065 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/01/50 (Call 09/01/49) | 690 | 548446 |
| &nbsp;&nbsp;&nbsp;4.20%, 10/03/47 (Call 04/03/47) | 510 | 413370 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/15/46 (Call 03/15/46) | 241 | 197663 |
| &nbsp;&nbsp;&nbsp;4.85%, 02/01/49 (Call 08/01/48) | 290 | 260681 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/01/26 (Call 12/01/25) | 455 | 458126 |
| &nbsp;&nbsp;&nbsp;5.15%, 10/15/43 (Call 04/15/43) | 545 | 507193 |
| Martin Midstream Partners LP/Martin Midstream |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Finance Corp., 11.50%, 02/28/25 (Call 03/03/23)<sup>(b)</sup> | 200 | 200116 |
| Midwest Connector Capital Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 04/01/24 (Call 03/01/24)<sup>(b)</sup> | 338 | 330145 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/01/29 (Call 01/01/29)<sup>(b)</sup> | 1192 | 1111075 |
| MPLX LP |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 03/01/26 (Call 02/01/26) | 1512 | 1376358 |
| &nbsp;&nbsp;&nbsp;2.65%, 08/15/30 (Call 05/15/30) | 998 | 852072 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/15/25 (Call 11/15/24) | 290 | 283678 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/15/28 (Call 12/15/27) | 1154 | 1108359 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/01/27 (Call 12/01/26) | 845 | 819836 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/01/27 (Call 09/01/27) | 477 | 463553 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/38 (Call 10/15/37) | 1114 | 1014509 |
| &nbsp;&nbsp;&nbsp;4.70%, 04/15/48 (Call 10/15/47) | 846 | 730834 |
| &nbsp;&nbsp;&nbsp;4.80%, 02/15/29 (Call 11/15/28) | 487 | 483055 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pipelines (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 12/01/24 (Call 09/01/24) | $985 | $983926 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/01/25 (Call 03/01/25) | 1295 | 1292539 |
| &nbsp;&nbsp;&nbsp;4.90%, 04/15/58 (Call 10/15/57) | 480 | 411509 |
| &nbsp;&nbsp;&nbsp;4.95%, 09/01/32 (Call 06/01/32) | 690 | 680147 |
| &nbsp;&nbsp;&nbsp;4.95%, 03/14/52 (Call 09/14/51) | 670 | 593607 |
| &nbsp;&nbsp;&nbsp;5.20%, 03/01/47 (Call 09/01/46) | 615 | 567916 |
| &nbsp;&nbsp;&nbsp;5.20%, 12/01/47 (Call 06/01/47) | 420 | 383557 |
| &nbsp;&nbsp;&nbsp;5.50%, 02/15/49 (Call 08/15/48) | 1269 | 1211057 |
| New Fortress Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/30/26 (Call 03/31/23)<sup>(b)</sup> | 1065 | 983197 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 09/15/25 (Call 09/15/23)<sup>(b)</sup> | 800 | 767488 |
| NGL Energy Operating LLC/NGL Energy Finance Corp., 7.50%, 02/01/26 (Call 02/01/23)<sup>(b)</sup> | 1440 | 1367986 |
| NGL Energy Partners LP/NGL Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 03/01/25 (Call 03/01/23)<sup>(c)</sup> | 270 | 239625 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/15/26 (Call 04/15/23)<sup>(c)</sup> | 245 | 209269 |
| NGPL PipeCo LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 07/15/31 (Call 04/15/31)<sup>(b)</sup> | 90 | 76295 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 08/15/27 (Call 02/15/27)<sup>(b)</sup> | 643 | 627645 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.77%, 12/15/37<sup>(b)</sup> | 475 | 533021 |
| Northern Natural Gas Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 10/16/51 (Call 04/16/51)<sup>(b)</sup> | 494 | 362018 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 01/15/49 (Call 07/15/48)<sup>(b)</sup> | 280 | 235701 |
| Northriver Midstream Finance LP, 5.63%, 02/15/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/23)<sup>(b)</sup> | 305 | 292763 |
| Northwest Pipeline LLC, 4.00%, 04/01/27 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 01/01/27) | 308 | 298280 |
| NuStar Logistics LP |  |  |
| &nbsp;&nbsp;&nbsp;5.63%, 04/28/27 (Call 01/28/27) | 340 | 327488 |
| &nbsp;&nbsp;&nbsp;5.75%, 10/01/25 (Call 07/01/25) | 442 | 437337 |
| &nbsp;&nbsp;&nbsp;6.00%, 06/01/26 (Call 03/01/26) | 332 | 325383 |
| &nbsp;&nbsp;&nbsp;6.38%, 10/01/30 (Call 04/01/30) | 425 | 409505 |
| Oleoducto Central SA, 4.00%, 07/14/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/14/27)<sup>(d)</sup> | 400 | 355364 |
| ONEOK Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 09/15/25 (Call 08/15/25) | 15 | 13946 |
| &nbsp;&nbsp;&nbsp;2.75%, 09/01/24 (Call 08/01/24) | 480 | 463080 |
| &nbsp;&nbsp;&nbsp;3.10%, 03/15/30 (Call 12/15/29) | 461 | 407160 |
| &nbsp;&nbsp;&nbsp;3.40%, 09/01/29 (Call 06/01/29) | 658 | 590687 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/13/27 (Call 04/13/27) | 420 | 404116 |
| &nbsp;&nbsp;&nbsp;4.35%, 03/15/29 (Call 12/15/28) | 617 | 588026 |
| &nbsp;&nbsp;&nbsp;4.45%, 09/01/49 (Call 03/01/49) | 360 | 292576 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/50 (Call 09/15/49) | 420 | 340171 |
| &nbsp;&nbsp;&nbsp;4.55%, 07/15/28 (Call 04/15/28) | 453 | 442631 |
| &nbsp;&nbsp;&nbsp;4.95%, 07/13/47 (Call 01/06/47) | 648 | 566624 |
| &nbsp;&nbsp;&nbsp;5.20%, 07/15/48 (Call 01/15/48) | 503 | 455391 |
| &nbsp;&nbsp;&nbsp;5.85%, 01/15/26 (Call 12/15/25) | 193 | 197887 |
| &nbsp;&nbsp;&nbsp;6.00%, 06/15/35 | 143 | 143791 |
| &nbsp;&nbsp;&nbsp;6.35%, 01/15/31 (Call 10/15/30) | 590 | 628049 |
| &nbsp;&nbsp;&nbsp;7.15%, 01/15/51 (Call 07/15/50) | 305 | 338638 |
| ONEOK Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;4.90%, 03/15/25 (Call 12/15/24) | 345 | 343658 |
| &nbsp;&nbsp;&nbsp;6.13%, 02/01/41 (Call 08/01/40) | 352 | 357980 |
| &nbsp;&nbsp;&nbsp;6.20%, 09/15/43 (Call 03/15/43) | 428 | 428304 |
| &nbsp;&nbsp;&nbsp;6.65%, 10/01/36 | 345 | 366563 |
| &nbsp;&nbsp;&nbsp;6.85%, 10/15/37 | 145 | 156526 |
| Peru LNG Srl, 5.38%, 03/22/30<sup>(d)</sup> | 600 | 497532 |
| Plains All American Pipeline LP/PAA Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.55%, 12/15/29 (Call 09/15/29) | 484 | 435310 |
| &nbsp;&nbsp;&nbsp;3.60%, 11/01/24 (Call 08/01/24) | 640 | 624730 |
| &nbsp;&nbsp;&nbsp;3.80%, 09/15/30 (Call 06/15/30) | 491 | 446034 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pipelines (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.30%, 01/31/43 (Call 07/31/42) | $425 | $331615 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/15/26 (Call 09/15/26) | 343 | 335248 |
| &nbsp;&nbsp;&nbsp;4.65%, 10/15/25 (Call 07/15/25) | 1059 | 1048834 |
| &nbsp;&nbsp;&nbsp;4.70%, 06/15/44 (Call 12/15/43) | 340 | 279310 |
| &nbsp;&nbsp;&nbsp;4.90%, 02/15/45 (Call 08/15/44) | 640 | 539462 |
| &nbsp;&nbsp;&nbsp;5.15%, 06/01/42 (Call 12/01/41) | 394 | 343883 |
| &nbsp;&nbsp;&nbsp;6.65%, 01/15/37 | 370 | 387834 |
| Rockies Express Pipeline LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 05/15/25 (Call 04/15/25)<sup>(b)</sup> | 235 | 222942 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, 05/15/30 (Call 02/15/30)<sup>(b)</sup> | 275 | 246180 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 07/15/29 (Call 04/15/29)<sup>(b)</sup> | 415 | 375280 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 04/15/40<sup>(b)</sup> | 365 | 310575 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 07/15/38<sup>(b)</sup> | 160 | 148400 |
| Sabal Trail Transmission LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/01/28 (Call 02/01/28)<sup>(b)</sup> | 488 | 462195 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.68%, 05/01/38 (Call 11/01/37)<sup>(b)</sup> | 495 | 471478 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.83%, 05/01/48 (Call 11/01/47)<sup>(b)(c)</sup> | 333 | 309963 |
| Sabine Pass Liquefaction LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.20%, 03/15/28 (Call 09/15/27) | 698 | 676439 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/30 (Call 11/15/29) | 715 | 694215 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/15/27 (Call 09/15/26) | 1217 | 1219191 |
| &nbsp;&nbsp;&nbsp;5.63%, 03/01/25 (Call 12/01/24) | 921 | 929749 |
| &nbsp;&nbsp;&nbsp;5.75%, 05/15/24 (Call 02/15/24) | 534 | 537193 |
| &nbsp;&nbsp;&nbsp;5.88%, 06/30/26 (Call 12/31/25) | 809 | 827526 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.90%, 09/15/37 (Call 03/15/37)<sup>(b)</sup> | 645 | 668491 |
| Southeast Supply Header LLC, 4.25%, 06/15/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/15/24)<sup>(b)</sup> | 320 | 304922 |
| Southern Gas Corridor CJSC, 6.88%, 03/24/26<sup>(d)</sup> | 1950 | 2009709 |
| Southern Natural Gas Co. LLC, 4.80%, 03/15/47 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/15/46)<sup>(b)</sup> | 585 | 504598 |
| Spectra Energy Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 10/15/26 (Call 07/15/26) | 443 | 421825 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/25 (Call 12/15/24) | 240 | 233155 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/45 (Call 09/15/44) | 816 | 722413 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/24 (Call 12/15/23) | 185 | 184341 |
| &nbsp;&nbsp;&nbsp;5.95%, 09/25/43 (Call 03/25/43) | 285 | 293684 |
| Summit Midstream Holdings LLC/Summit Midstream |  |  |
| &nbsp;&nbsp;&nbsp;Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/15/25 (Call 04/15/23)<sup>(c)</sup> | 205 | 176318 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 525 | 510935 |
| Tallgrass Energy Partners LP/Tallgrass Energy |  |  |
| &nbsp;&nbsp;&nbsp;Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 510 | 470016 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 03/01/27 (Call 03/01/23)<sup>(b)</sup> | 315 | 299559 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 12/31/30 (Call 12/31/25)<sup>(b)</sup> | 520 | 473637 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 09/01/31 (Call 09/01/26)<sup>(b)</sup> | 355 | 320033 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 10/01/25 (Call 10/01/23)<sup>(b)</sup> | 370 | 375620 |
| Targa Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.20%, 02/01/33 (Call 12/01/32) | 500 | 452495 |
| &nbsp;&nbsp;&nbsp;4.95%, 04/15/52 (Call 10/15/51) | 360 | 308520 |
| &nbsp;&nbsp;&nbsp;5.20%, 07/01/27 (Call 06/01/27) | 400 | 402756 |
| &nbsp;&nbsp;&nbsp;6.13%, 03/15/33 | 600 | 625872 |
| &nbsp;&nbsp;&nbsp;6.25%, 07/01/52 (Call 01/01/52) | 540 | 548354 |
| &nbsp;&nbsp;&nbsp;6.50%, 02/15/53 | 600 | 625632 |
| Targa Resources Partners LP/Targa Resources |  |  |
| &nbsp;&nbsp;&nbsp;Partners Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 01/15/32 (Call 07/15/26) | 910 | 799990 |
| &nbsp;&nbsp;&nbsp;4.88%, 02/01/31 (Call 02/01/26) | 780 | 733426 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/15/28 (Call 01/15/24) | 595 | 581952 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/01/30 (Call 03/01/25) | 675 | 661426 |
| &nbsp;&nbsp;&nbsp;6.50%, 07/15/27 (Call 07/15/23) | 360 | 368111 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pipelines (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;6.88%, 01/15/29 (Call 01/15/24) | $440 | $450996 |
| TC PipeLines LP |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 05/25/27 (Call 02/25/27) | 92 | 88594 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/13/25 (Call 12/13/24) | 136 | 134085 |
| Tennessee Gas Pipeline Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.90%, 03/01/30 (Call 12/01/29)<sup>(b)</sup> | 835 | 728287 |
| &nbsp;&nbsp;&nbsp;7.00%, 03/15/27 | 35 | 37660 |
| &nbsp;&nbsp;&nbsp;7.00%, 10/15/28 | 50 | 54596 |
| &nbsp;&nbsp;&nbsp;7.63%, 04/01/37 | 55 | 62988 |
| Texas Eastern Transmission LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/15/28 (Call 10/15/27)<sup>(b)</sup> | 14 | 13122 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 01/15/48 (Call 07/15/47)<sup>(b)</sup> | 472 | 405514 |
| &nbsp;&nbsp;&nbsp;7.00%, 07/15/32 | 55 | 63399 |
| TransCanada PipeLines Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 10/12/24 (Call 09/12/24) | 195 | 182485 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/12/31 (Call 07/12/31) | 330 | 274570 |
| &nbsp;&nbsp;&nbsp;4.10%, 04/15/30 (Call 01/15/30) | 498 | 475197 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/15/28 (Call 02/15/28) | 815 | 795684 |
| &nbsp;&nbsp;&nbsp;4.63%, 03/01/34 (Call 12/01/33) | 1171 | 1135156 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/15/38 (Call 11/15/37) | 375 | 358005 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/15/26 (Call 10/15/25) | 688 | 691034 |
| &nbsp;&nbsp;&nbsp;4.88%, 05/15/48 (Call 11/15/47) | 395 | 378209 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/16/43 (Call 04/16/43) | 734 | 705000 |
| &nbsp;&nbsp;&nbsp;5.10%, 03/15/49 (Call 09/15/48) | 509 | 503691 |
| &nbsp;&nbsp;&nbsp;5.60%, 03/31/34 | 104 | 107002 |
| &nbsp;&nbsp;&nbsp;5.85%, 03/15/36 | 565 | 590645 |
| &nbsp;&nbsp;&nbsp;6.10%, 06/01/40 | 613 | 660783 |
| &nbsp;&nbsp;&nbsp;6.20%, 10/15/37 | 800 | 875808 |
| &nbsp;&nbsp;&nbsp;7.25%, 08/15/38 | 490 | 574059 |
| &nbsp;&nbsp;&nbsp;7.63%, 01/15/39 | 1026 | 1256481 |
| Transcontinental Gas Pipe Line Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 05/15/30 (Call 02/15/30) | 818 | 737582 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/15/50 (Call 11/15/49) | 475 | 393637 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/15/28 (Call 12/15/27) | 959 | 925991 |
| &nbsp;&nbsp;&nbsp;4.45%, 08/01/42 (Call 02/01/42) | 341 | 309874 |
| &nbsp;&nbsp;&nbsp;4.60%, 03/15/48 (Call 09/15/47) | 275 | 248743 |
| &nbsp;&nbsp;&nbsp;5.40%, 08/15/41 (Call 02/15/41) | 378 | 382033 |
| &nbsp;&nbsp;&nbsp;7.85%, 02/01/26 (Call 11/01/25) | 333 | 359637 |
| TransMontaigne Partners LP/TLP Finance Corp., 6.13%, 02/15/26 (Call 02/15/23) | 245 | 213148 |
| Transportadora de Gas del Peru SA, 4.25%, 04/30/28<sup>(d)</sup> | 600 | 579408 |
| Transportadora de Gas del Sur SA, 6.75%, 05/02/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/02/23)<sup>(d)</sup> | 300 | 283323 |
| Transportadora de Gas Internacional SA ESP, 5.55%, 11/01/28 (Call 08/01/28)<sup>(c)(d)</sup> | 600 | 568068 |
| Valero Energy Partners LP, 4.50%, 03/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 12/15/27) | 582 | 577332 |
| Venture Global Calcasieu Pass LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/01/33 (Call 05/01/33)<sup>(b)</sup> | 825 | 695128 |
| &nbsp;&nbsp;&nbsp;6.25%, 01/15/30 | 660 | 672553 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/15/29 (Call 02/15/29)<sup>(b)</sup> | 764 | 681503 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/15/31 (Call 02/15/31)<sup>(b)</sup> | 951 | 843803 |
| Western Midstream Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;3.35%, 02/01/25 (Call 01/01/25) | 580 | 553772 |
| &nbsp;&nbsp;&nbsp;3.95%, 06/01/25 (Call 03/01/25) | 365 | 349758 |
| &nbsp;&nbsp;&nbsp;4.30%, 02/01/30 (Call 11/01/29) | 907 | 830358 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/01/28 (Call 12/01/27) | 270 | 255069 |
| &nbsp;&nbsp;&nbsp;4.65%, 07/01/26 (Call 04/01/26) | 317 | 305689 |
| &nbsp;&nbsp;&nbsp;4.75%, 08/15/28 (Call 05/15/28) | 300 | 285312 |
| &nbsp;&nbsp;&nbsp;5.30%, 03/01/48 (Call 09/01/47) | 465 | 406638 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Pipelines (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.45%, 04/01/44 (Call 10/01/43) | $450 | $395753 |
| &nbsp;&nbsp;&nbsp;5.50%, 08/15/48 (Call 02/15/48) | 260 | 225865 |
| &nbsp;&nbsp;&nbsp;5.50%, 02/01/50 (Call 08/01/49) | 657 | 570059 |
| Williams Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;2.60%, 03/15/31 (Call 12/15/30) | 25 | 21179 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/30 (Call 08/15/30) | 1127 | 1031780 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/15/51 (Call 04/15/51) | 85 | 62842 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/15/27 (Call 03/15/27) | 601 | 581065 |
| &nbsp;&nbsp;&nbsp;3.90%, 01/15/25 (Call 10/15/24) | 465 | 456137 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/25 (Call 06/15/25) | 675 | 660865 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/04/24 (Call 12/04/23) | 664 | 658436 |
| &nbsp;&nbsp;&nbsp;4.55%, 06/24/24 (Call 03/24/24) | 753 | 749032 |
| &nbsp;&nbsp;&nbsp;4.65%, 08/15/32 (Call 05/15/32) | 525 | 512127 |
| &nbsp;&nbsp;&nbsp;4.85%, 03/01/48 (Call 09/01/47) | 718 | 654866 |
| &nbsp;&nbsp;&nbsp;4.90%, 01/15/45 (Call 07/15/44) | 333 | 306227 |
| &nbsp;&nbsp;&nbsp;5.10%, 09/15/45 (Call 03/15/45) | 909 | 863050 |
| &nbsp;&nbsp;&nbsp;5.30%, 08/15/52 (Call 02/15/52) | 160 | 154662 |
| &nbsp;&nbsp;&nbsp;5.40%, 03/04/44 (Call 09/04/43) | 557 | 544111 |
| &nbsp;&nbsp;&nbsp;5.75%, 06/24/44 (Call 12/24/43) | 570 | 582027 |
| &nbsp;&nbsp;&nbsp;5.80%, 11/15/43 (Call 05/15/43) | 434 | 442246 |
| &nbsp;&nbsp;&nbsp;6.30%, 04/15/40 | 871 | 943955 |
| &nbsp;&nbsp;&nbsp;8.75%, 03/15/32 | 130 | 160315 |
| &nbsp;&nbsp;&nbsp;Series A, 7.50%, 01/15/31 | 79 | 89666 |
|  |  | 216495758 |
| **Private Equity — 0.0%** |  |  |
| Apollo Management Holdings LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.65%, 06/05/30 (Call 03/05/30)<sup>(b)(c)</sup> | 718 | 609280 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 05/27/26 (Call 02/27/26)<sup>(b)</sup> | 165 | 158029 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.87%, 02/15/29 (Call 11/15/28)<sup>(b)</sup> | 210 | 202484 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/15/48 (Call 09/15/47)<sup>(b)</sup> | 120 | 112956 |
| Carlyle Finance LLC, 5.65%, 09/15/48 (Call 03/15/48)<sup>(b)</sup> | 395 | 380677 |
| Carlyle Finance Subsidiary LLC, 3.50%, 09/19/29 (Call 06/19/29)<sup>(b)</sup> | 760 | 667903 |
| Carlyle Holdings II Finance LLC, 5.63%, 03/30/43<sup>(b)</sup> | 5 | 4786 |
| KKR Group Finance Co. III LLC, 5.13%, 06/01/44 (Call 12/01/43)<sup>(b)</sup> | 375 | 345926 |
| KKR Group Finance Co. VI LLC, 3.75%, 07/01/29 (Call 04/01/29)<sup>(b)</sup> | 508 | 469483 |
| KKR Group Finance Co. VII LLC, 3.63%, 02/25/50 (Call 08/25/49)<sup>(b)</sup> | 510 | 372866 |
| KKR Group Finance Co. VIII LLC, 3.50%, 08/25/50 (Call 02/25/50)<sup>(b)</sup> | 795 | 566088 |
| KKR Group Finance Co. X LLC, 3.25%, 12/15/51 (Call 06/15/51)<sup>(b)</sup> | 125 | 84863 |
|  |  | 3975341 |
| **Real Estate — 0.2%** |  |  |
| Agile Group Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/02/25 (Call 03/02/23)<sup>(d)</sup> | 200 | 126168 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, (Call 07/31/24)<sup>(a)(d)(f)</sup> | 400 | 123676 |
| Aldar Sukuk Ltd., 4.75%, 09/29/25<sup>(d)</sup> | 400 | 399424 |
| Aldar Sukuk No. 2 Ltd., 3.88%, 10/22/29<sup>(d)</sup> | 400 | 382596 |
| Arabian Centres Sukuk II Ltd., 5.63%, 10/07/26<sup>(d)</sup> | 600 | 569832 |
| Arabian Centres Sukuk Ltd., 5.38%, 11/26/24<sup>(d)</sup> | 600 | 588072 |
| Aroundtown SA, 5.38%, 03/21/29 (Call 12/21/28)<sup>(d)</sup> | 1000 | 798770 |
| Brookfield Asset Management Inc., 4.00%, 01/15/25 (Call 10/15/24) | 535 | 528425 |
| CBRE Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 04/01/31 (Call 01/01/31) | 728 | 615619 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/01/26 (Call 12/01/25) | 1079 | 1076270 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Real Estate (continued)** |  |  |
| Central Plaza Development Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 07/14/25<sup>(d)</sup> | $1000 | $870690 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, (Call 11/14/24)<sup>(a)(d)(f)</sup> | 200 | 166868 |
| China Overseas Finance Cayman VI Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 05/08/24<sup>(d)</sup> | 200 | 200784 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.45%, 06/11/34<sup>(d)</sup> | 600 | 609318 |
| China Overseas Finance Cayman VII Ltd., 4.75%, 04/26/28<sup>(d)</sup> | 1000 | 979900 |
| China Overseas Finance Cayman VIII Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 03/02/25<sup>(d)</sup> | 400 | 374364 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 03/02/30<sup>(d)</sup> | 400 | 344916 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 07/15/29<sup>(d)</sup> | 250 | 225108 |
| China Overseas Grand Oceans Finance IV Cayman Ltd., 2.45%, 02/09/26 (Call 11/09/25)<sup>(d)</sup> | 400 | 343424 |
| China Resources Land Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 08/26/24<sup>(d)</sup> | 600 | 583296 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, (Call 12/09/24)<sup>(a)(d)(f)</sup> | 1400 | 1350692 |
| China SCE Group Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 05/02/25 (Call 05/02/23)<sup>(d)</sup> | 200 | 108966 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 04/09/24 (Call 03/02/23)<sup>(d)</sup> | 200 | 125368 |
| CK Property Finance MTN Ltd., 1.38%, 06/30/26<sup>(d)</sup> | 400 | 357612 |
| Country Garden Holdings Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 07/12/26 (Call 06/12/26)<sup>(d)</sup> | 600 | 390852 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 10/22/25 (Call 09/22/25)<sup>(d)</sup> | 600 | 415350 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 01/12/31 (Call 10/12/30)<sup>(d)</sup> | 400 | 230960 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/22/30 (Call 07/22/30)<sup>(d)</sup> | 200 | 117816 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 02/06/26 (Call 02/06/24)<sup>(d)</sup> | 400 | 276176 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, 08/06/30 (Call 08/06/25)<sup>(d)</sup> | 400 | 241836 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/17/25 (Call 03/02/23)<sup>(d)</sup> | 200 | 155488 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.40%, 05/27/25 (Call 05/27/23)<sup>(d)</sup> | 600 | 458550 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.15%, 09/17/25 (Call 09/17/23)<sup>(d)</sup> | 400 | 304980 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 04/08/24 (Call 03/02/23)<sup>(d)</sup> | 600 | 502524 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 04/08/26 (Call 04/08/23)<sup>(d)</sup> | 800 | 608472 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 01/27/24 (Call 03/02/23)<sup>(d)</sup> | 900 | 791631 |
| Cushman & Wakefield U.S. Borrower, LLC, 6.75%, 05/15/28 (Call 05/18/23)<sup>(b)</sup> | 598 | 577656 |
| Dar Al-Arkan Sukuk Co. Ltd., 6.75%, 02/15/25<sup>(d)</sup> | 400 | 395748 |
| DIFC Sukuk Ltd., 4.33%, 11/12/24<sup>(d)</sup> | 400 | 395356 |
| Ease Trade Global Ltd., 4.00%, 11/10/25<sup>(d)</sup> | 600 | 566214 |
| Elect Global Investments Ltd., 4.10%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/03/25)<sup>(a)(d)(f)</sup> | 400 | 381344 |
| Emaar Sukuk Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.64%, 09/15/26<sup>(d)</sup> | 600 | 578682 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 07/06/31<sup>(d)</sup> | 200 | 185680 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/17/29<sup>(d)</sup> | 400 | 382156 |
| EMG Sukuk Ltd., 4.56%, 06/18/24<sup>(d)</sup> | 400 | 396272 |
| Esic Sukuk Ltd., 3.94%, 07/30/24<sup>(d)</sup> | 400 | 389184 |
| Essential Properties LP, 2.95%, 07/15/31 (Call 04/15/31) | 517 | 392051 |
| Five Point Operating Co. LP/Five Point Capital Corp., 7.88%, 11/15/25 (Call 11/15/23)<sup>(b)</sup> | 440 | 396101 |
| Franshion Brilliant Ltd., 4.25%, 07/23/29<sup>(d)</sup> | 1200 | 1011108 |
| Fuqing Investment management Co., 3.25%, 06/23/25<sup>(d)</sup> | 200 | 159820 |
| GAIF Bond Issuer Pty Ltd., 3.40%, 09/30/26 (Call 06/30/26)<sup>(b)</sup> | 670 | 629961 |
| GLP Pte Ltd., 3.88%, 06/04/25<sup>(d)</sup> | 600 | 531606 |
| Goodman HK Finance, 3.00%, 07/22/30 (Call 04/22/30)<sup>(d)</sup> | 435 | 369389 |
| Greenland Global Investment Ltd., 5.88%, 07/03/26 (Call 02/07/23)<sup>(d)</sup> | 250 | 119493 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Real Estate (continued)** |  |  |
| Greystar Real Estate Partners LLC, 5.75%, 12/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/03/23)<sup>(b)</sup> | $345 | $340712 |
| Hongkong Land Finance Cayman Islands Co. Ltd. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 07/15/31 (Call 04/15/31)<sup>(d)</sup> | 800 | 662472 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/27/30 (Call 02/27/30)<sup>(d)</sup> | 200 | 176670 |
| Howard Hughes Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 455 | 392624 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/01/31 (Call 02/01/26)<sup>(b)</sup> | 435 | 362124 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 08/01/28 (Call 08/01/23)<sup>(b)</sup> | 625 | 579512 |
| Huafa 2020 I Co. Ltd., 2.80%, 11/04/25<sup>(d)</sup> | 200 | 170052 |
| Huafa 2021 I Co. Ltd., 4.25%, (Call 07/18/24)<sup>(a)(d)(f)</sup> | 400 | 352000 |
| Hunt Cos. Inc., 5.25%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 445 | 377698 |
| Hysan MTN Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.82%, 09/04/29<sup>(d)</sup> | 400 | 356612 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 06/02/27 (Call 03/02/27)<sup>(d)</sup> | 600 | 557676 |
| Kennedy-Wilson Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/01/29 (Call 03/01/24)<sup>(c)</sup> | 410 | 344384 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/01/30 (Call 09/01/24) | 425 | 348853 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/01/31 (Call 03/01/26) | 410 | 334933 |
| KWG Group Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 11/10/24 (Call 02/15/23)<sup>(d)</sup> | 400 | 164972 |
| &nbsp;&nbsp;&nbsp;7.88%, 08/30/24 | 200 | 98490 |
| Longfor Group Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 09/16/29<sup>(d)</sup> | 800 | 666408 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/16/28<sup>(d)</sup> | 600 | 528018 |
| LOTTE Property & Development Co. Ltd., 4.50%, 08/01/25<sup>(d)</sup> | 200 | 196026 |
| MAF Global Securities Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 05/07/24<sup>(d)</sup> | 600 | 593760 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, (Call 06/30/27)<sup>(a)(d)(f)</sup> | 400 | 416088 |
| MAF Sukuk Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.93%, 02/28/30<sup>(d)</sup> | 600 | 572844 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/03/25<sup>(d)</sup> | 200 | 197612 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.64%, 05/14/29<sup>(d)</sup> | 400 | 399476 |
| Mirvac Group Finance Ltd., 3.63%, 03/18/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/18/26)<sup>(d)</sup> | 200 | 188046 |
| Nan Fung Treasury Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 08/27/30<sup>(d)</sup> | 200 | 174526 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/05/28<sup>(d)</sup> | 400 | 384536 |
| Ontario Teachers' Cadillac Fairview Properties Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/15/31 (Call 07/15/31)<sup>(b)</sup> | 1410 | 1103692 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 03/20/27 (Call 12/20/26)<sup>(b)</sup> | 1085 | 1013878 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/01/29 (Call 11/01/28)<sup>(b)</sup> | 801 | 740380 |
| Realogy Group LLC/Realogy Co-Issuer Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/30 (Call 04/15/25)<sup>(b)</sup> | 710 | 532464 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 615 | 482468 |
| RKPF Overseas 2020 A Ltd., 5.20%, 01/12/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/12/24)<sup>(d)</sup> | 400 | 328600 |
| Shui On Development Holding Ltd., 6.15%, 08/24/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/02/23)<sup>(d)</sup> | 400 | 370632 |
| Sinochem Offshore Capital Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 09/23/24 (Call 08/23/24)<sup>(d)</sup> | 600 | 561012 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 11/24/24 (Call 10/24/24)<sup>(d)</sup> | 600 | 562296 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 09/23/26 (Call 08/23/26)<sup>(d)</sup> | 400 | 351324 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 10/29/25<sup>(d)</sup> | 200 | 181482 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 11/24/26 (Call 10/24/26)<sup>(d)</sup> | 600 | 539346 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 09/23/31 (Call 06/23/31)<sup>(d)</sup> | 400 | 321220 |
| Sinochem Overseas Capital Co. Ltd., 6.30%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;11/12/40<sup>(b)(c)</sup> | 300 | 304968 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Real Estate (continued)** |  |  |
| Sino-Ocean Land Treasure Finance I Ltd., 6.00%, 07/30/24<sup>(d)</sup> | $200 | $173280 |
| Sino-Ocean Land Treasure IV Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 01/13/25 (Call 12/13/24)<sup>(d)</sup> | 400 | 321304 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/05/29 (Call 05/05/29)<sup>(d)</sup> | 250 | 180445 |
| Sun Hung Kai Properties Capital Market Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 05/13/30 (Call 02/13/30)<sup>(d)</sup> | 400 | 349460 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 01/21/30<sup>(d)</sup> | 600 | 531216 |
| Swire Properties MTN Financing Ltd., 3.63%, 01/13/26<sup>(d)</sup> | 600 | 581982 |
| Vanke Real Estate Hong Kong Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.15%, 05/12/25<sup>(d)</sup> | 400 | 376388 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 11/12/29<sup>(d)</sup> | 200 | 169896 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.98%, 11/09/27<sup>(d)</sup> | 800 | 734064 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 06/07/24<sup>(d)</sup> | 400 | 390252 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.35%, 03/11/24<sup>(d)</sup> | 600 | 594588 |
| Westwood Group Holdings Ltd., 2.80%, 01/20/26<sup>(d)</sup> | 400 | 360620 |
| WeWork Companies Inc., 7.88%, 05/01/25<sup>(b)</sup> | 150 | 80964 |
| WeWork Companies LLC/WW Co-Obligor Inc., 5.00%, 07/10/25 (Call 04/10/25)<sup>(b)</sup> | 325 | 137163 |
| Wharf REIC Finance BVI Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 05/07/30<sup>(d)</sup> | 600 | 526626 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/17/28<sup>(d)</sup> | 250 | 235350 |
| Wuhan Urban Construction Group Co. Ltd., 2.25%, 07/09/24<sup>(d)</sup> | 200 | 187714 |
| Xinhu BVI 2018 Holding Co. Ltd., 11.00%, 09/28/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/28/23)<sup>(d)</sup> | 200 | 191032 |
| Yan Gang Ltd., 1.90%, 03/23/26<sup>(d)</sup> | 400 | 358208 |
| Yanlord Land HK Co. Ltd., 5.13%, 05/20/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/20/24)<sup>(d)</sup> | 200 | 182024 |
|  |  | 48196076 |
| **Real Estate Investment Trusts — 1.0%** |  |  |
| Agree LP |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 06/15/28 (Call 04/15/28) | 380 | 324490 |
| &nbsp;&nbsp;&nbsp;2.60%, 06/15/33 (Call 03/15/33) | 15 | 12010 |
| &nbsp;&nbsp;&nbsp;2.90%, 10/01/30 (Call 07/01/30) | 206 | 175580 |
| Alexandria Real Estate Equities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.88%, 02/01/33 (Call 11/01/32) | 1008 | 780121 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/18/32 (Call 02/18/32) | 620 | 494754 |
| &nbsp;&nbsp;&nbsp;2.75%, 12/15/29 (Call 09/15/29) | 195 | 170937 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/15/34 (Call 12/15/33) | 660 | 556974 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/18/51 (Call 11/18/50) | 587 | 403715 |
| &nbsp;&nbsp;&nbsp;3.38%, 08/15/31 (Call 05/15/31) | 395 | 358340 |
| &nbsp;&nbsp;&nbsp;3.45%, 04/30/25 (Call 02/28/25) | 800 | 777888 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/15/52 (Call 09/15/51) | 470 | 359226 |
| &nbsp;&nbsp;&nbsp;3.80%, 04/15/26 (Call 02/15/26) | 760 | 742284 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/15/27 (Call 10/15/26) | 615 | 599650 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/15/28 (Call 10/15/27) | 17 | 16356 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/50 (Call 08/01/49) | 271 | 222147 |
| &nbsp;&nbsp;&nbsp;4.30%, 01/15/26 (Call 10/15/25) | 186 | 183956 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/30/29 (Call 04/30/29) | 646 | 634075 |
| &nbsp;&nbsp;&nbsp;4.70%, 07/01/30 (Call 04/01/30) | 383 | 380886 |
| &nbsp;&nbsp;&nbsp;4.85%, 04/15/49 (Call 10/15/48) | 75 | 68225 |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/30 (Call 09/15/30) | 765 | 769605 |
| American Assets Trust LP, 3.38%, 02/01/31 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 11/01/30) | 575 | 469206 |
| American Finance Trust Inc./American Finance Operating Partner LP, 4.50%, 09/30/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/30/28)<sup>(b)</sup> | 320 | 245741 |
| American Homes 4 Rent LP |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 07/15/31 (Call 04/15/31) | 125 | 102366 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 07/15/51 (Call 01/15/51) | $185 | $127537 |
| &nbsp;&nbsp;&nbsp;4.25%, 02/15/28 (Call 11/15/27) | 485 | 465028 |
| &nbsp;&nbsp;&nbsp;4.90%, 02/15/29 (Call 11/15/28) | 150 | 146483 |
| American Tower Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.30%, 09/15/25 (Call 08/15/25) | 1087 | 988811 |
| &nbsp;&nbsp;&nbsp;1.45%, 09/15/26 (Call 08/15/26) | 690 | 610919 |
| &nbsp;&nbsp;&nbsp;1.50%, 01/31/28 (Call 11/30/27) | 535 | 452567 |
| &nbsp;&nbsp;&nbsp;1.60%, 04/15/26 (Call 03/15/26) | 500 | 451740 |
| &nbsp;&nbsp;&nbsp;1.88%, 10/15/30 (Call 07/15/30) | 402 | 322553 |
| &nbsp;&nbsp;&nbsp;2.10%, 06/15/30 (Call 03/15/30) | 531 | 435691 |
| &nbsp;&nbsp;&nbsp;2.30%, 09/15/31 (Call 06/15/31) | 620 | 502101 |
| &nbsp;&nbsp;&nbsp;2.40%, 03/15/25 (Call 02/15/25) | 896 | 849238 |
| &nbsp;&nbsp;&nbsp;2.70%, 04/15/31 (Call 01/15/31) | 580 | 489311 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/15/27 (Call 11/15/26) | 753 | 694537 |
| &nbsp;&nbsp;&nbsp;2.90%, 01/15/30 (Call 10/15/29) | 694 | 606903 |
| &nbsp;&nbsp;&nbsp;2.95%, 01/15/25 (Call 12/15/24) | 475 | 456993 |
| &nbsp;&nbsp;&nbsp;2.95%, 01/15/51 (Call 07/15/50) | 685 | 451031 |
| &nbsp;&nbsp;&nbsp;3.10%, 06/15/50 (Call 12/15/49) | 932 | 628904 |
| &nbsp;&nbsp;&nbsp;3.13%, 01/15/27 (Call 10/15/26) | 525 | 490964 |
| &nbsp;&nbsp;&nbsp;3.38%, 05/15/24 (Call 04/15/24) | 625 | 611550 |
| &nbsp;&nbsp;&nbsp;3.38%, 10/15/26 (Call 07/15/26) | 545 | 516987 |
| &nbsp;&nbsp;&nbsp;3.55%, 07/15/27 (Call 04/15/27) | 414 | 391412 |
| &nbsp;&nbsp;&nbsp;3.60%, 01/15/28 (Call 10/15/27) | 844 | 793689 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/15/27 (Call 02/15/27) | 335 | 318803 |
| &nbsp;&nbsp;&nbsp;3.70%, 10/15/49 (Call 04/15/49) | 496 | 373612 |
| &nbsp;&nbsp;&nbsp;3.80%, 08/15/29 (Call 05/15/29) | 1062 | 992566 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/15/29 (Call 12/15/28) | 542 | 510260 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/25 (Call 03/01/25) | 521 | 509496 |
| &nbsp;&nbsp;&nbsp;4.05%, 03/15/32 (Call 12/15/31) | 374 | 346657 |
| &nbsp;&nbsp;&nbsp;4.40%, 02/15/26 (Call 11/15/25) | 708 | 699908 |
| &nbsp;&nbsp;&nbsp;5.00%, 02/15/24 | 538 | 537968 |
| Apollo Commercial Real Estate Finance Inc., 4.63%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 355 | 290656 |
| AvalonBay Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 12/01/28 (Call 10/01/28) | 610 | 526082 |
| &nbsp;&nbsp;&nbsp;2.05%, 01/15/32 (Call 10/15/31) | 680 | 560476 |
| &nbsp;&nbsp;&nbsp;2.30%, 03/01/30 (Call 12/01/29) | 147 | 127104 |
| &nbsp;&nbsp;&nbsp;2.45%, 01/15/31 (Call 10/15/30) | 843 | 728234 |
| &nbsp;&nbsp;&nbsp;2.90%, 10/15/26 (Call 07/15/26) | 251 | 234527 |
| &nbsp;&nbsp;&nbsp;2.95%, 05/11/26 (Call 02/11/26) | 290 | 274105 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/15/28 (Call 10/15/27) | 28 | 26375 |
| &nbsp;&nbsp;&nbsp;3.30%, 06/01/29 (Call 03/01/29) | 262 | 241745 |
| &nbsp;&nbsp;&nbsp;3.35%, 05/15/27 (Call 02/15/27) | 134 | 127296 |
| &nbsp;&nbsp;&nbsp;3.45%, 06/01/25 (Call 03/03/25) | 234 | 227443 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/24 (Call 08/15/24) | 95 | 92774 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/25 (Call 08/15/25) | 30 | 29039 |
| &nbsp;&nbsp;&nbsp;3.90%, 10/15/46 (Call 04/15/46) | 215 | 175455 |
| &nbsp;&nbsp;&nbsp;4.15%, 07/01/47 (Call 01/01/47) | 200 | 171742 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/15/48 (Call 10/15/47) | 126 | 111715 |
| &nbsp;&nbsp;&nbsp;5.00%, 02/15/33 (Call 11/15/32) | 45 | 46688 |
| Blackstone Mortgage Trust Inc., 3.75%, 01/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/26)<sup>(b)</sup> | 315 | 277943 |
| Boston Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 10/01/33 (Call 07/01/33) | 600 | 456648 |
| &nbsp;&nbsp;&nbsp;2.55%, 04/01/32 (Call 01/01/32) | 652 | 515191 |
| &nbsp;&nbsp;&nbsp;2.75%, 10/01/26 (Call 07/01/26) | 760 | 698410 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/15/30 (Call 12/15/29) | 426 | 359821 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/15/25 (Call 10/15/24) | 635 | 613137 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/30/31 (Call 10/30/30) | 970 | 831814 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/21/29 (Call 03/21/29) | 705 | 626801 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.65%, 02/01/26 (Call 11/03/25) | $1100 | $1061280 |
| &nbsp;&nbsp;&nbsp;3.80%, 02/01/24 (Call 11/01/23) | 474 | 467378 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/01/28 (Call 09/01/28) | 703 | 676616 |
| &nbsp;&nbsp;&nbsp;6.75%, 12/01/27 (Call 11/01/27) | 225 | 238345 |
| Brandywine Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 11/15/27 (Call 08/15/27) | 435 | 374983 |
| &nbsp;&nbsp;&nbsp;4.10%, 10/01/24 (Call 07/01/24) | 50 | 48460 |
| &nbsp;&nbsp;&nbsp;4.55%, 10/01/29 (Call 07/01/29) | 402 | 343891 |
| &nbsp;&nbsp;&nbsp;7.55%, 03/15/28 (Call 02/15/28) | 360 | 361368 |
| Brixmor Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 04/01/28 (Call 02/01/28) | 220 | 189017 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/16/31 (Call 05/16/31) | 315 | 253099 |
| &nbsp;&nbsp;&nbsp;3.65%, 06/15/24 (Call 04/15/24) | 255 | 247776 |
| &nbsp;&nbsp;&nbsp;3.85%, 02/01/25 (Call 11/01/24) | 290 | 280868 |
| &nbsp;&nbsp;&nbsp;3.90%, 03/15/27 (Call 12/15/26) | 555 | 525524 |
| &nbsp;&nbsp;&nbsp;4.05%, 07/01/30 (Call 04/01/30) | 889 | 812884 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/15/26 (Call 03/15/26) | 410 | 393981 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/15/29 (Call 02/15/29) | 165 | 152869 |
| Broadstone Net Lease LLC, 2.60%, 09/15/31 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 06/15/31) | 595 | 454919 |
| Brookfield Property REIT Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/27 (Call 10/01/23)<sup>(b)</sup> | 535 | 470966 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/15/26 (Call 05/15/23)<sup>(b)</sup> | 650 | 612898 |
| Camden Property Trust |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 05/15/30 (Call 02/15/30) | 822 | 738361 |
| &nbsp;&nbsp;&nbsp;3.15%, 07/01/29 (Call 04/01/29) | 280 | 258628 |
| &nbsp;&nbsp;&nbsp;3.35%, 11/01/49 (Call 05/01/49) | 175 | 131513 |
| &nbsp;&nbsp;&nbsp;4.10%, 10/15/28 (Call 07/15/28) | 112 | 108974 |
| Champion MTN Ltd., 2.95%, 06/15/30<sup>(d)</sup> | 200 | 170764 |
| Cibanco SA Ibm/PLA Administradora Industrial S de RL de CV, 4.96%, 07/18/29 (Call 04/18/29)<sup>(d)</sup> | 400 | 377716 |
| CMT MTN Pte Ltd., 3.61%, 04/04/29<sup>(d)</sup> | 200 | 186888 |
| Corporate Office Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 01/15/29 (Call 11/15/28) | 455 | 361147 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/15/26 (Call 02/15/26) | 40 | 36249 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/15/31 (Call 01/15/31) | 60 | 46837 |
| &nbsp;&nbsp;&nbsp;2.90%, 12/01/33 (Call 09/01/33) | 200 | 146650 |
| Crown Castle Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.05%, 07/15/26 (Call 06/15/26) | 955 | 842549 |
| &nbsp;&nbsp;&nbsp;2.10%, 04/01/31 (Call 01/01/31) | 682 | 558326 |
| &nbsp;&nbsp;&nbsp;2.25%, 01/15/31 (Call 10/15/30) | 670 | 559095 |
| &nbsp;&nbsp;&nbsp;2.90%, 04/01/41 (Call 10/01/40) | 965 | 707634 |
| &nbsp;&nbsp;&nbsp;3.20%, 09/01/24 (Call 07/01/24) | 526 | 512313 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/51 (Call 07/15/50) | 716 | 511016 |
| &nbsp;&nbsp;&nbsp;3.30%, 07/01/30 (Call 04/01/30) | 467 | 425432 |
| &nbsp;&nbsp;&nbsp;3.65%, 09/01/27 (Call 06/01/27) | 329 | 313869 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/15/26 (Call 03/15/26) | 507 | 488910 |
| &nbsp;&nbsp;&nbsp;3.80%, 02/15/28 (Call 11/15/27) | 647 | 617536 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/27 (Call 12/01/26) | 267 | 259754 |
| &nbsp;&nbsp;&nbsp;4.45%, 02/15/26 (Call 11/15/25) | 643 | 635625 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/15/47 (Call 11/15/46) | 402 | 363448 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/11/28 | 570 | 576732 |
| Crown Castle International Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 07/15/25 (Call 06/15/25) | 465 | 427805 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/15/31 (Call 04/15/31) | 195 | 163905 |
| &nbsp;&nbsp;&nbsp;2.90%, 03/15/27 (Call 02/15/27) | 135 | 125642 |
| &nbsp;&nbsp;&nbsp;3.10%, 11/15/29 (Call 08/15/29) | 167 | 150343 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/49 (Call 05/15/49) | 445 | 361563 |
| &nbsp;&nbsp;&nbsp;4.15%, 07/01/50 (Call 01/01/50) | 435 | 361977 |
| &nbsp;&nbsp;&nbsp;4.30%, 02/15/29 (Call 11/15/28) | 1060 | 1028656 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.20%, 02/15/49 (Call 08/15/48) | $414 | $399974 |
| CTR Partnership LP/CareTrust Capital Corp., 3.88%, 06/30/28 (Call 03/30/28)<sup>(b)</sup> | 235 | 210283 |
| CubeSmart LP |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 02/15/31 (Call 11/15/30) | 60 | 47303 |
| &nbsp;&nbsp;&nbsp;2.25%, 12/15/28 (Call 10/15/28) | 920 | 790924 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/15/32 (Call 11/15/31) | 655 | 528886 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/15/30 (Call 11/15/29) | 85 | 73300 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/01/26 (Call 06/01/26) | 250 | 235630 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/25 (Call 08/15/25) | 450 | 438201 |
| &nbsp;&nbsp;&nbsp;4.38%, 02/15/29 (Call 11/15/28) | 67 | 63780 |
| Digital Realty Trust LP |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 07/01/29 (Call 04/01/29) | 864 | 793524 |
| &nbsp;&nbsp;&nbsp;3.70%, 08/15/27 (Call 05/15/27) | 785 | 746629 |
| &nbsp;&nbsp;&nbsp;4.45%, 07/15/28 (Call 04/15/28) | 583 | 565551 |
| &nbsp;&nbsp;&nbsp;5.55%, 01/15/28 (Call 12/15/27) | 885 | 905594 |
| Diversified Healthcare Trust |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 03/01/31 (Call 09/01/30) | 300 | 203553 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/01/24 (Call 11/01/23) | 185 | 160613 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/28 (Call 08/15/27) | 332 | 202132 |
| &nbsp;&nbsp;&nbsp;9.75%, 06/15/25 (Call 06/15/23) | 301 | 295395 |
| EPR Properties |  |  |
| &nbsp;&nbsp;&nbsp;3.60%, 11/15/31 (Call 08/15/31) | 265 | 206581 |
| &nbsp;&nbsp;&nbsp;3.75%, 08/15/29 (Call 05/15/29) | 440 | 366982 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/25 (Call 01/01/25) | 330 | 319249 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/27 (Call 03/01/27) | 580 | 529447 |
| &nbsp;&nbsp;&nbsp;4.75%, 12/15/26 (Call 09/15/26) | 490 | 460257 |
| &nbsp;&nbsp;&nbsp;4.95%, 04/15/28 (Call 01/15/28) | 400 | 361464 |
| Equinix Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 09/15/25 (Call 08/15/25) | 1039 | 939142 |
| &nbsp;&nbsp;&nbsp;1.25%, 07/15/25 (Call 06/15/25) | 365 | 334402 |
| &nbsp;&nbsp;&nbsp;1.45%, 05/15/26 (Call 04/15/26) | 450 | 403875 |
| &nbsp;&nbsp;&nbsp;1.55%, 03/15/28 (Call 01/15/28) | 700 | 597093 |
| &nbsp;&nbsp;&nbsp;1.80%, 07/15/27 (Call 05/15/27) | 620 | 543070 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/15/28 (Call 03/15/28) | 310 | 269771 |
| &nbsp;&nbsp;&nbsp;2.15%, 07/15/30 (Call 04/15/30) | 853 | 709696 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/15/31 (Call 02/15/31) | 360 | 300791 |
| &nbsp;&nbsp;&nbsp;2.63%, 11/18/24 (Call 10/18/24) | 281 | 269937 |
| &nbsp;&nbsp;&nbsp;2.90%, 11/18/26 (Call 09/18/26) | 701 | 653003 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/15/51 (Call 03/15/51) | 585 | 397092 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/15/50 (Call 01/15/50) | 602 | 414971 |
| &nbsp;&nbsp;&nbsp;3.20%, 11/18/29 (Call 08/18/29) | 797 | 720584 |
| &nbsp;&nbsp;&nbsp;3.40%, 02/15/52 (Call 08/15/51) | 410 | 303765 |
| ERP Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 08/01/31 (Call 05/01/31) | 280 | 226990 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/15/30 (Call 11/15/29) | 231 | 201046 |
| &nbsp;&nbsp;&nbsp;2.85%, 11/01/26 (Call 08/01/26) | 609 | 572862 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/29 (Call 04/01/29) | 525 | 475240 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/01/27 (Call 05/01/27) | 130 | 122240 |
| &nbsp;&nbsp;&nbsp;3.38%, 06/01/25 (Call 03/01/25) | 25 | 24246 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/28 (Call 12/01/27) | 287 | 271178 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/47 (Call 02/01/47) | 233 | 195587 |
| &nbsp;&nbsp;&nbsp;4.15%, 12/01/28 (Call 09/01/28) | 633 | 612345 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/01/44 (Call 01/01/44) | 373 | 347908 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/45 (Call 12/01/44) | 180 | 163206 |
| Essex Portfolio LP |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 01/15/31 (Call 10/15/30) | 232 | 180276 |
| &nbsp;&nbsp;&nbsp;1.70%, 03/01/28 (Call 01/01/28) | 193 | 165279 |
| &nbsp;&nbsp;&nbsp;2.55%, 06/15/31 (Call 03/15/31) | 140 | 115763 |
| &nbsp;&nbsp;&nbsp;2.65%, 03/15/32 (Call 12/15/31) | 559 | 461359 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 09/01/50 (Call 03/01/50) | $185 | $115471 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/30 (Call 10/15/29) | 235 | 205463 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/15/26 (Call 01/15/26) | 230 | 219096 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/25 (Call 01/01/25) | 72 | 70029 |
| &nbsp;&nbsp;&nbsp;3.63%, 05/01/27 (Call 02/01/27) | 20 | 19155 |
| &nbsp;&nbsp;&nbsp;3.88%, 05/01/24 (Call 02/01/24) | 290 | 285015 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/29 (Call 12/01/28) | 240 | 226910 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/48 (Call 09/15/47) | 215 | 186175 |
| Extra Space Storage LP |  |  |
| &nbsp;&nbsp;&nbsp;2.35%, 03/15/32 (Call 12/15/31) | 185 | 146873 |
| &nbsp;&nbsp;&nbsp;2.55%, 06/01/31 (Call 03/01/31) | 295 | 241286 |
| Federal Realty Investment Trust |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 02/15/26 (Call 01/15/26) | 271 | 242556 |
| &nbsp;&nbsp;&nbsp;3.20%, 06/15/29 (Call 03/15/29) | 105 | 93499 |
| &nbsp;&nbsp;&nbsp;3.25%, 07/15/27 (Call 04/15/27) | 260 | 243139 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/30 (Call 03/01/30) | 745 | 665650 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/01/44 (Call 06/01/44) | 311 | 263728 |
| Global Net Lease Inc./Global Net Lease Operating Partnership LP, 3.75%, 12/15/27 (Call 09/15/27)<sup>(b)</sup> | 330 | 278659 |
| GLP Capital LP/GLP Financing II Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/32 (Call 10/15/31) | 250 | 208108 |
| &nbsp;&nbsp;&nbsp;3.35%, 09/01/24 (Call 06/03/24) | 497 | 479968 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/15/30 (Call 10/17/29) | 595 | 539570 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/15/31 (Call 10/15/30) | 565 | 500262 |
| &nbsp;&nbsp;&nbsp;5.25%, 06/01/25 (Call 03/01/25) | 838 | 831690 |
| &nbsp;&nbsp;&nbsp;5.30%, 01/15/29 (Call 10/15/28) | 772 | 752785 |
| &nbsp;&nbsp;&nbsp;5.38%, 04/15/26 (Call 01/15/26) | 1057 | 1055901 |
| &nbsp;&nbsp;&nbsp;5.75%, 06/01/28 (Call 03/03/28) | 398 | 405451 |
| Goodman U.S. Finance Three LLC, 3.70%, 03/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/15/27)<sup>(b)</sup> | 505 | 467625 |
| HAT Holdings I LLC/HAT Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 06/15/26 (Call 03/15/26)<sup>(b)</sup> | 670 | 594813 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 09/15/30<sup>(b)</sup> | 325 | 250435 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/15/25 (Call 04/15/23)<sup>(b)(c)</sup> | 340 | 332462 |
| Healthcare Realty Holdings LP |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 03/15/31 (Call 12/15/30) | 601 | 474790 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/26 (Call 05/01/26) | 758 | 716977 |
| &nbsp;&nbsp;&nbsp;3.75%, 07/01/27 (Call 04/01/27) | 375 | 355980 |
| Healthcare Trust of America Holdings LP, 3.10%, |  |  |
| &nbsp;&nbsp;&nbsp;02/15/30 (Call 11/15/29) | 260 | 226642 |
| Healthpeak Properties Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 02/01/27 (Call 01/01/27) | 85 | 75673 |
| &nbsp;&nbsp;&nbsp;2.13%, 12/01/28 (Call 10/01/28) | 375 | 325950 |
| &nbsp;&nbsp;&nbsp;2.88%, 01/15/31 (Call 10/15/30) | 560 | 486998 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/30 (Call 10/15/29) | 585 | 519778 |
| &nbsp;&nbsp;&nbsp;3.25%, 07/15/26 (Call 05/15/26) | 629 | 600575 |
| &nbsp;&nbsp;&nbsp;3.40%, 02/01/25 (Call 11/01/24) | 23 | 22279 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/15/29 (Call 04/15/29) | 506 | 464250 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/25 (Call 03/01/25) | 80 | 78562 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/15/32 | 195 | 198945 |
| &nbsp;&nbsp;&nbsp;6.75%, 02/01/41 (Call 08/01/40) | 246 | 269075 |
| Highwoods Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;2.60%, 02/01/31 (Call 11/01/30) | 677 | 519658 |
| &nbsp;&nbsp;&nbsp;3.05%, 02/15/30 (Call 11/15/29) | 745 | 605476 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/15/28 (Call 12/15/27) | 112 | 102572 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/15/29 (Call 01/15/29) | 290 | 257662 |
| Host Hotels & Resorts LP |  |  |
| &nbsp;&nbsp;&nbsp;3.88%, 04/01/24 (Call 02/01/24) | 199 | 195531 |
| &nbsp;&nbsp;&nbsp;Series E, 4.00%, 06/15/25 (Call 03/15/25) | 415 | 404496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series F, 4.50%, 02/01/26 (Call 11/01/25)<sup>(c)</sup> | 532 | 520945 |
| &nbsp;&nbsp;&nbsp;Series H, 3.38%, 12/15/29 (Call 09/16/29) | 225 | 195917 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Series I, 3.50%, 09/15/30 (Call 06/15/30) | $717 | $615043 |
| &nbsp;&nbsp;&nbsp;Series J, 2.90%, 12/15/31 (Call 09/15/31) | 500 | 399705 |
| Hudson Pacific Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/30 (Call 10/15/29) | 1015 | 790299 |
| &nbsp;&nbsp;&nbsp;3.95%, 11/01/27 (Call 08/01/27) | 174 | 152849 |
| &nbsp;&nbsp;&nbsp;4.65%, 04/01/29 (Call 01/01/29) | 189 | 164216 |
| Invitation Homes Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 08/15/31 (Call 05/15/31) | 150 | 116504 |
| &nbsp;&nbsp;&nbsp;2.30%, 11/15/28 (Call 09/15/28) | 285 | 243185 |
| &nbsp;&nbsp;&nbsp;2.70%, 01/15/34 (Call 10/15/33) | 410 | 317930 |
| &nbsp;&nbsp;&nbsp;4.15%, 04/15/32 (Call 01/15/32) | 680 | 624390 |
| Iron Mountain Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 760 | 651525 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/15/27 (Call 09/15/23)<sup>(b)</sup> | 675 | 636943 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/15/29 (Call 09/15/24)<sup>(b)</sup> | 725 | 655306 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/15/28 (Call 07/15/23)<sup>(b)</sup> | 345 | 319184 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 03/15/28 (Call 12/27/23)<sup>(b)</sup> | 615 | 584693 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 07/15/30 (Call 07/15/25)<sup>(b)</sup> | 900 | 814554 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/15/32 (Call 07/15/26)<sup>(b)</sup> | 415 | 374538 |
| Iron Mountain Information Management Services Inc., 5.00%, 07/15/32 (Call 07/15/27)<sup>(b)</sup> | 525 | 455642 |
| iStar Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 08/01/25 (Call 05/01/25) | 345 | 342499 |
| &nbsp;&nbsp;&nbsp;4.75%, 10/01/24 (Call 07/01/24) | 505 | 502495 |
| &nbsp;&nbsp;&nbsp;5.50%, 02/15/26 (Call 08/15/23) | 330 | 332492 |
| Kilroy Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 11/15/32 (Call 08/15/32) | 575 | 424292 |
| &nbsp;&nbsp;&nbsp;2.65%, 11/15/33 (Call 08/15/33) | 485 | 350325 |
| &nbsp;&nbsp;&nbsp;3.05%, 02/15/30 (Call 11/15/29) | 380 | 311558 |
| &nbsp;&nbsp;&nbsp;3.45%, 12/15/24 (Call 09/15/24) | 170 | 164433 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/15/29 (Call 05/15/29) | 472 | 421043 |
| &nbsp;&nbsp;&nbsp;4.38%, 10/01/25 (Call 07/01/25) | 9 | 8799 |
| &nbsp;&nbsp;&nbsp;4.75%, 12/15/28 (Call 09/15/28) | 120 | 112040 |
| Kimco Realty Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 03/01/28 (Call 01/01/28) | 130 | 112369 |
| &nbsp;&nbsp;&nbsp;2.25%, 12/01/31 (Call 09/01/31) | 235 | 189105 |
| &nbsp;&nbsp;&nbsp;2.70%, 10/01/30 (Call 07/01/30) | 570 | 484796 |
| &nbsp;&nbsp;&nbsp;2.80%, 10/01/26 (Call 07/01/26) | 283 | 263009 |
| &nbsp;&nbsp;&nbsp;3.30%, 02/01/25 (Call 12/01/24) | 290 | 281431 |
| &nbsp;&nbsp;&nbsp;3.70%, 10/01/49 (Call 04/01/49) | 140 | 104390 |
| &nbsp;&nbsp;&nbsp;3.80%, 04/01/27 (Call 01/01/27) | 115 | 109851 |
| &nbsp;&nbsp;&nbsp;4.13%, 12/01/46 (Call 06/01/46) | 122 | 95954 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/45 (Call 10/01/44) | 350 | 285544 |
| &nbsp;&nbsp;&nbsp;4.45%, 09/01/47 (Call 03/01/47) | 410 | 339501 |
| &nbsp;&nbsp;&nbsp;4.60%, 02/01/33 (Call 11/01/32) | 120 | 116282 |
| Kite Realty Group LP, 4.00%, 10/01/26 (Call 07/01/26) | 190 | 178448 |
| Kite Realty Group Trust, 4.75%, 09/15/30 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 06/15/30) | 228 | 210280 |
| Ladder Capital Finance Holdings LLLP/Ladder Capital |  |  |
| &nbsp;&nbsp;&nbsp;Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/01/27 (Call 02/01/23)<sup>(b)</sup> | 395 | 348090 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 460 | 382228 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 10/01/25 (Call 02/16/23)<sup>(b)</sup> | 270 | 259818 |
| Life Storage LP |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 10/15/30 (Call 07/15/30) | 425 | 342720 |
| &nbsp;&nbsp;&nbsp;2.40%, 10/15/31 (Call 07/15/31) | 190 | 152188 |
| &nbsp;&nbsp;&nbsp;3.88%, 12/15/27 (Call 09/15/27) | 345 | 327167 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/15/29 (Call 03/15/29) | 278 | 257489 |
| LifeStorage LP/CA, 3.50%, 07/01/26 (Call 04/01/26) | 656 | 624079 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| Link Finance Cayman 2009 Ltd. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/19/32<sup>(d)</sup> | $400 | $342660 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 07/21/26<sup>(d)</sup> | 200 | 188738 |
| LXP Industrial Trust |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 10/01/31 (Call 07/01/31) | 15 | 11811 |
| &nbsp;&nbsp;&nbsp;2.70%, 09/15/30 (Call 06/15/30) | 125 | 103310 |
| Mid-America Apartments LP |  |  |
| &nbsp;&nbsp;&nbsp;1.10%, 09/15/26 (Call 08/15/26) | 365 | 322886 |
| &nbsp;&nbsp;&nbsp;1.70%, 02/15/31 (Call 11/15/30) | 470 | 379722 |
| &nbsp;&nbsp;&nbsp;2.75%, 03/15/30 (Call 12/15/29) | 248 | 221003 |
| &nbsp;&nbsp;&nbsp;2.88%, 09/15/51 (Call 03/15/51) | 120 | 83531 |
| &nbsp;&nbsp;&nbsp;3.60%, 06/01/27 (Call 03/01/27) | 284 | 274855 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/15/24 (Call 03/13/24) | 75 | 73802 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/15/29 (Call 12/15/28) | 315 | 304974 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/25 (Call 08/15/25) | 1001 | 982321 |
| &nbsp;&nbsp;&nbsp;4.20%, 06/15/28 (Call 03/15/28) | 622 | 607750 |
| MPT Operating Partnership LP/MPT Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/31 (Call 03/15/26) | 880 | 620013 |
| &nbsp;&nbsp;&nbsp;4.63%, 08/01/29 (Call 08/01/24) | 769 | 598059 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/15/27 (Call 09/07/23)<sup>(c)</sup> | 955 | 807529 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/01/26 (Call 08/01/23)<sup>(c)</sup> | 303 | 276600 |
| National Health Investors Inc., 3.00%, 02/01/31 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 11/01/30) | 543 | 414581 |
| National Retail Properties Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 04/15/30 (Call 01/15/30) | 112 | 94676 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/15/52 (Call 10/15/51) | 55 | 36214 |
| &nbsp;&nbsp;&nbsp;3.10%, 04/15/50 (Call 10/15/49) | 380 | 253392 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/15/27 (Call 07/15/27) | 135 | 126201 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/15/51 (Call 01/15/50) | 120 | 87409 |
| &nbsp;&nbsp;&nbsp;3.60%, 12/15/26 (Call 09/15/26) | 442 | 421133 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/15/24 (Call 03/15/24) | 82 | 80652 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/25 (Call 08/15/25) | 115 | 112502 |
| &nbsp;&nbsp;&nbsp;4.30%, 10/15/28 (Call 07/15/28) | 115 | 110292 |
| &nbsp;&nbsp;&nbsp;4.80%, 10/15/48 (Call 04/25/48) | 283 | 251559 |
| New Residential Investment Corp., 6.25%, 10/15/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/23)<sup>(b)</sup> | 340 | 316615 |
| Office Properties Income Trust |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 02/01/27 (Call 01/01/27) | 245 | 187484 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/15/26 (Call 05/15/26) | 240 | 193174 |
| &nbsp;&nbsp;&nbsp;3.45%, 10/15/31 (Call 07/15/31) | 270 | 188009 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/15/24 (Call 02/15/24) | 330 | 319945 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/01/25 (Call 11/01/24) | 580 | 539400 |
| Omega Healthcare Investors Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 04/15/33 (Call 01/15/33) | 400 | 301112 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/01/31 (Call 11/01/30) | 300 | 243342 |
| &nbsp;&nbsp;&nbsp;3.63%, 10/01/29 (Call 07/01/29) | 390 | 337693 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/15/25 (Call 10/15/24) | 60 | 58949 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/27 (Call 01/01/27) | 345 | 331828 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 10/15/27) | 773 | 741833 |
| &nbsp;&nbsp;&nbsp;4.95%, 04/01/24 (Call 01/01/24) | 178 | 176597 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/26 (Call 10/15/25) | 360 | 358186 |
| Park Intermediate Holdings LLC/PK Domestic |  |  |
| &nbsp;&nbsp;&nbsp;Property LLC/PK Finance Co-Issuer |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 615 | 534712 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 10/01/28 (Call 10/01/23)<sup>(b)</sup> | 450 | 416353 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/01/25 (Call 06/01/23)<sup>(b)</sup> | 390 | 395452 |
| Phillips Edison Grocery Center Operating Partnership I LP, 2.63%, 11/15/31 (Call 08/15/31) | 565 | 436570 |
| Physicians Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;2.63%, 11/01/31 (Call 08/01/31) | 525 | 438238 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/15/28 (Call 10/15/27) | 120 | 113028 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.30%, 03/15/27 (Call 12/15/26) | $240 | $232488 |
| Piedmont Operating Partnership LP, 3.15%, 08/15/30 (Call 05/15/30) | 150 | 117897 |
| Prologis LP |  |  |
| &nbsp;&nbsp;&nbsp;1.25%, 10/15/30 (Call 07/15/30) | 521 | 412121 |
| &nbsp;&nbsp;&nbsp;1.63%, 03/15/31 (Call 12/15/30) | 265 | 214070 |
| &nbsp;&nbsp;&nbsp;1.75%, 07/01/30 (Call 04/01/30) | 553 | 455047 |
| &nbsp;&nbsp;&nbsp;1.75%, 02/01/31 (Call 11/01/30) | 480 | 392688 |
| &nbsp;&nbsp;&nbsp;2.13%, 04/15/27 (Call 02/15/27) | 448 | 410341 |
| &nbsp;&nbsp;&nbsp;2.13%, 10/15/50 (Call 04/15/50) | 568 | 345838 |
| &nbsp;&nbsp;&nbsp;2.25%, 04/15/30 (Call 01/15/30) | 826 | 712714 |
| &nbsp;&nbsp;&nbsp;2.25%, 01/15/32 (Call 10/15/31) | 510 | 426661 |
| &nbsp;&nbsp;&nbsp;2.88%, 11/15/29 (Call 08/15/29) | 645 | 579687 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/15/50 (Call 10/15/49) | 278 | 201881 |
| &nbsp;&nbsp;&nbsp;3.05%, 03/01/50 (Call 09/01/49) | 187 | 137978 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/30/26 (Call 03/30/26) | 147 | 141709 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/01/26 (Call 07/01/26) | 230 | 222021 |
| &nbsp;&nbsp;&nbsp;3.38%, 12/15/27 (Call 09/15/27) | 255 | 244504 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/15/28 (Call 06/15/28) | 610 | 593268 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/28 (Call 06/15/28) | 212 | 208667 |
| &nbsp;&nbsp;&nbsp;4.38%, 02/01/29 (Call 11/01/28) | 310 | 305979 |
| &nbsp;&nbsp;&nbsp;4.38%, 09/15/48 (Call 03/15/48) | 205 | 187106 |
| &nbsp;&nbsp;&nbsp;4.63%, 01/15/33 (Call 10/15/32) | 315 | 317715 |
| Public Storage |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 02/15/26 (Call 01/15/26) | 450 | 406080 |
| &nbsp;&nbsp;&nbsp;1.50%, 11/09/26 (Call 10/09/26) | 480 | 434237 |
| &nbsp;&nbsp;&nbsp;1.85%, 05/01/28 (Call 03/01/28) | 645 | 571728 |
| &nbsp;&nbsp;&nbsp;1.95%, 11/09/28 (Call 09/09/28) | 590 | 518132 |
| &nbsp;&nbsp;&nbsp;2.25%, 11/09/31 (Call 08/09/31) | 505 | 424917 |
| &nbsp;&nbsp;&nbsp;2.30%, 05/01/31 (Call 02/01/31) | 540 | 460782 |
| &nbsp;&nbsp;&nbsp;3.09%, 09/15/27 (Call 06/15/27) | 495 | 471260 |
| &nbsp;&nbsp;&nbsp;3.39%, 05/01/29 (Call 02/01/29) | 395 | 371995 |
| Rayonier LP, 2.75%, 05/17/31 (Call 02/17/31) | 680 | 565359 |
| Realty Income Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 03/15/26 (Call 02/15/26) | 956 | 845419 |
| &nbsp;&nbsp;&nbsp;1.80%, 03/15/33 (Call 12/15/32) | 375 | 286913 |
| &nbsp;&nbsp;&nbsp;2.20%, 06/15/28 (Call 04/15/28) | 393 | 348485 |
| &nbsp;&nbsp;&nbsp;2.85%, 12/15/32 (Call 09/15/32) | 110 | 94103 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/27 (Call 10/15/26) | 486 | 458026 |
| &nbsp;&nbsp;&nbsp;3.10%, 12/15/29 (Call 09/15/29) | 315 | 286414 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/15/29 (Call 03/15/29) | 625 | 575819 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/31 (Call 10/15/30) | 620 | 560331 |
| &nbsp;&nbsp;&nbsp;3.40%, 01/15/28 (Call 11/15/27) | 459 | 436936 |
| &nbsp;&nbsp;&nbsp;3.65%, 01/15/28 (Call 10/15/27) | 265 | 254427 |
| &nbsp;&nbsp;&nbsp;3.88%, 07/15/24 (Call 04/15/24) | 470 | 462832 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/15/25 (Call 02/15/25) | 215 | 211003 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/15/27 (Call 05/15/27) | 1035 | 1009684 |
| &nbsp;&nbsp;&nbsp;4.13%, 10/15/26 (Call 07/15/26) | 495 | 488025 |
| &nbsp;&nbsp;&nbsp;4.60%, 02/06/24 (Call 11/06/23) | 452 | 450255 |
| &nbsp;&nbsp;&nbsp;4.63%, 11/01/25 (Call 09/01/25) | 1045 | 1042053 |
| &nbsp;&nbsp;&nbsp;4.65%, 03/15/47 (Call 09/15/46) | 143 | 136009 |
| &nbsp;&nbsp;&nbsp;4.85%, 03/15/30 | 130 | 130273 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/01/26 (Call 03/01/26) | 368 | 370156 |
| &nbsp;&nbsp;&nbsp;5.63%, 10/13/32 (Call 07/13/32) | 270 | 286319 |
| Regency Centers LP |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 09/15/29 (Call 06/15/29) | 245 | 212694 |
| &nbsp;&nbsp;&nbsp;3.60%, 02/01/27 (Call 11/01/26) | 195 | 186440 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/15/30 (Call 03/15/30) | 170 | 154166 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/15/28 (Call 12/15/27) | 230 | 218707 |
| &nbsp;&nbsp;&nbsp;4.40%, 02/01/47 (Call 08/01/46) | 155 | 129681 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.65%, 03/15/49 (Call 09/15/48) | $295 | $254464 |
| Rexford Industrial Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;2.13%, 12/01/30 (Call 09/01/30) | 370 | 302257 |
| &nbsp;&nbsp;&nbsp;2.15%, 09/01/31 (Call 06/01/31) | 375 | 299936 |
| RHP Hotel Properties LP/RHP Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 425 | 378535 |
| &nbsp;&nbsp;&nbsp;4.75%, 10/15/27 (Call 10/15/23) | 464 | 435422 |
| RLJ Lodging Trust LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 07/01/26 (Call 07/01/23)<sup>(b)</sup> | 340 | 312263 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/15/29 (Call 09/15/24)<sup>(b)</sup> | 310 | 260412 |
| Sabra Health Care LP |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 12/01/31 (Call 09/01/31) | 560 | 432040 |
| &nbsp;&nbsp;&nbsp;3.90%, 10/15/29 (Call 07/15/29) | 781 | 667060 |
| &nbsp;&nbsp;&nbsp;5.13%, 08/15/26 (Call 05/15/26) | 1507 | 1455521 |
| Safehold Operating Partnership LP, 2.80%, 06/15/31 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 03/15/31) | 620 | 494159 |
| SBA Communications Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 02/01/29 (Call 02/01/24) | 1150 | 974774 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/15/27 (Call 02/15/23) | 925 | 854496 |
| Scentre Group Trust 1/Scentre Group Trust 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 10/28/25 (Call 07/28/25)<sup>(b)</sup> | 120 | 113862 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/12/25 (Call 11/12/24)<sup>(b)</sup> | 345 | 332884 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/28/26 (Call 12/28/25)<sup>(b)</sup> | 285 | 272186 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/23/27 (Call 12/23/26)<sup>(b)</sup> | 440 | 414203 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/28/30 (Call 02/28/30)<sup>(b)</sup> | 915 | 852954 |
| Scentre Group Trust 2 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/24/80 (Call 06/24/26)<sup>(a)(b)</sup> | 1105 | 1029197 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 09/24/80 (Call 06/24/30)<sup>(a)(b)</sup> | 590 | 521165 |
| Service Properties Trust |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 01/15/28 (Call 07/15/27) | 285 | 217213 |
| &nbsp;&nbsp;&nbsp;4.35%, 10/01/24 (Call 09/01/24) | 656 | 618411 |
| &nbsp;&nbsp;&nbsp;4.38%, 02/15/30 (Call 08/15/29) | 320 | 233446 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/25 (Call 09/15/24) | 285 | 258019 |
| &nbsp;&nbsp;&nbsp;4.65%, 03/15/24 (Call 09/15/23) | 232 | 226553 |
| &nbsp;&nbsp;&nbsp;4.75%, 10/01/26 (Call 08/01/26) | 408 | 337081 |
| &nbsp;&nbsp;&nbsp;4.95%, 02/15/27 (Call 08/15/26) | 325 | 267222 |
| &nbsp;&nbsp;&nbsp;4.95%, 10/01/29 (Call 07/01/29) | 279 | 209562 |
| &nbsp;&nbsp;&nbsp;5.25%, 02/15/26 (Call 08/15/25) | 230 | 198959 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/15/27 (Call 09/15/27) | 335 | 297001 |
| &nbsp;&nbsp;&nbsp;7.50%, 09/15/25 (Call 06/15/25) | 535 | 526970 |
| Simon Property Group LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 01/15/27 (Call 10/15/26)<sup>(c)</sup> | 460 | 410256 |
| &nbsp;&nbsp;&nbsp;1.75%, 02/01/28 (Call 11/01/27) | 362 | 317836 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/13/24 (Call 06/13/24) | 865 | 828955 |
| &nbsp;&nbsp;&nbsp;2.20%, 02/01/31 (Call 11/01/30) | 390 | 321949 |
| &nbsp;&nbsp;&nbsp;2.25%, 01/15/32 (Call 10/15/31) | 415 | 337607 |
| &nbsp;&nbsp;&nbsp;2.45%, 09/13/29 (Call 06/13/29) | 1194 | 1036499 |
| &nbsp;&nbsp;&nbsp;2.65%, 07/15/30 (Call 04/15/30) | 1005 | 874038 |
| &nbsp;&nbsp;&nbsp;2.65%, 02/01/32 (Call 11/01/31) | 500 | 421835 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/30/26 (Call 08/30/26) | 485 | 461254 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/13/49 (Call 03/13/49) | 710 | 517462 |
| &nbsp;&nbsp;&nbsp;3.30%, 01/15/26 (Call 10/15/25) | 926 | 890673 |
| &nbsp;&nbsp;&nbsp;3.38%, 10/01/24 (Call 07/01/24) | 955 | 933923 |
| &nbsp;&nbsp;&nbsp;3.38%, 06/15/27 (Call 03/15/27) | 389 | 370258 |
| &nbsp;&nbsp;&nbsp;3.38%, 12/01/27 (Call 09/01/27) | 224 | 212056 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/25 (Call 06/01/25) | 619 | 601495 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/01/24 (Call 11/01/23) | 250 | 246988 |
| &nbsp;&nbsp;&nbsp;3.80%, 07/15/50 (Call 01/15/50) | 570 | 459124 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/01/44 (Call 04/01/44) | 227 | 192585 |
| &nbsp;&nbsp;&nbsp;4.25%, 11/30/46 (Call 05/30/46) | 435 | 376279 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/42 (Call 09/15/41) | $19 | $17492 |
| &nbsp;&nbsp;&nbsp;6.75%, 02/01/40 (Call 11/01/39) | 472 | 546213 |
| SITE Centers Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 02/01/25 (Call 11/01/24) | 510 | 486892 |
| &nbsp;&nbsp;&nbsp;4.25%, 02/01/26 (Call 11/01/25) | 125 | 120041 |
| &nbsp;&nbsp;&nbsp;4.70%, 06/01/27 (Call 03/01/27) | 755 | 724370 |
| Spirit Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;2.10%, 03/15/28 (Call 01/15/28) | 315 | 266298 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/15/32 (Call 11/15/31) | 15 | 11634 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/15/27 (Call 11/15/26) | 212 | 193291 |
| &nbsp;&nbsp;&nbsp;3.20%, 02/15/31 (Call 11/15/30) | 95 | 80261 |
| &nbsp;&nbsp;&nbsp;3.40%, 01/15/30 (Call 10/15/29) | 250 | 216750 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/15/29 (Call 04/15/29) | 205 | 184789 |
| &nbsp;&nbsp;&nbsp;4.45%, 09/15/26 (Call 06/15/26) | 395 | 383573 |
| Starwood Property Trust Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 07/15/26 (Call 01/15/26)<sup>(b)</sup> | 285 | 255788 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/31/24 (Call 09/30/24)<sup>(b)</sup> | 235 | 223274 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/27 (Call 07/15/26)<sup>(b)</sup> | 300 | 269871 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/25 (Call 09/15/24) | 360 | 348322 |
| STORE Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 12/01/31 (Call 09/01/31) | 395 | 297340 |
| &nbsp;&nbsp;&nbsp;2.75%, 11/18/30 (Call 08/18/30) | 425 | 330982 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/28 (Call 12/15/27) | 268 | 247860 |
| &nbsp;&nbsp;&nbsp;4.63%, 03/15/29 (Call 12/15/28) | 732 | 669502 |
| Sun Communities Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 11/01/28 (Call 09/01/28) | 440 | 379716 |
| &nbsp;&nbsp;&nbsp;2.70%, 07/15/31 (Call 04/15/31) | 775 | 638941 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/15/32 (Call 01/15/32) | 229 | 210098 |
| &nbsp;&nbsp;&nbsp;5.70%, 01/15/33 | 500 | 509310 |
| Tanger Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 09/01/31 (Call 06/01/31) | 5 | 3845 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/01/26 (Call 06/01/26) | 294 | 271403 |
| &nbsp;&nbsp;&nbsp;3.88%, 07/15/27 (Call 04/15/27) | 160 | 149891 |
| Trust Fibra Uno |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.87%, 01/15/30 (Call 10/28/29)<sup>(d)</sup> | 1400 | 1289064 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 12/15/24 (Call 09/15/24)<sup>(d)</sup> | 400 | 395272 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/30/26 (Call 10/30/25)<sup>(d)</sup> | 200 | 195634 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.39%, 01/15/50 (Call 07/28/49)<sup>(d)</sup> | 400 | 351136 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.95%, 01/30/44 (Call 07/30/43)<sup>(d)</sup> | 200 | 184476 |
| UDR Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 03/15/33 (Call 12/15/32) | 175 | 132207 |
| &nbsp;&nbsp;&nbsp;2.10%, 08/01/32 (Call 05/01/32) | 430 | 337047 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/01/26 (Call 06/01/26) | 337 | 316025 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/15/31 (Call 05/15/31) | 805 | 701549 |
| &nbsp;&nbsp;&nbsp;3.10%, 11/01/34 (Call 08/01/34) | 110 | 90164 |
| &nbsp;&nbsp;&nbsp;3.20%, 01/15/30 (Call 10/15/29) | 525 | 476506 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/27 (Call 04/01/27) | 155 | 147531 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/28 (Call 10/15/27) | 250 | 233610 |
| &nbsp;&nbsp;&nbsp;4.40%, 01/26/29 (Call 10/26/28) | 483 | 466462 |
| Uniti Group LP/Uniti Fiber Holdings Inc./CSL |  |  |
| &nbsp;&nbsp;&nbsp;Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | 500 | 331790 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 02/15/25 (Call 02/15/23)<sup>(b)</sup> | 1550 | 1529400 |
| Uniti Group LP/Uniti Group Finance Inc./CSL |  |  |
| &nbsp;&nbsp;&nbsp;Capital LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/15/28 (Call 04/15/24)<sup>(b)</sup> | 335 | 274636 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 735 | 508326 |
| Ventas Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/31 (Call 06/01/31) | 580 | 474011 |
| &nbsp;&nbsp;&nbsp;2.65%, 01/15/25 (Call 12/15/24) | 304 | 290180 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/30 (Call 10/15/29) | $235 | $205569 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/15/26 (Call 07/15/26) | 371 | 349193 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/15/24 (Call 03/15/24) | 582 | 569411 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/25 (Call 11/01/24) | 371 | 359647 |
| &nbsp;&nbsp;&nbsp;3.75%, 05/01/24 (Call 02/01/24) | 91 | 89448 |
| &nbsp;&nbsp;&nbsp;3.85%, 04/01/27 (Call 01/01/27) | 256 | 246776 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/28 (Call 12/01/27) | 404 | 383905 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/15/26 (Call 10/15/25) | 350 | 343175 |
| &nbsp;&nbsp;&nbsp;4.38%, 02/01/45 (Call 08/01/44) | 160 | 132669 |
| &nbsp;&nbsp;&nbsp;4.40%, 01/15/29 (Call 10/15/28) | 688 | 660184 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/15/30 (Call 08/15/30) | 600 | 585546 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/15/49 (Call 10/15/48) | 430 | 382373 |
| &nbsp;&nbsp;&nbsp;5.70%, 09/30/43 (Call 03/30/43) | 125 | 122371 |
| VICI Properties LP |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 05/15/25 | 120 | 117421 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/28 (Call 01/15/28) | 610 | 593512 |
| &nbsp;&nbsp;&nbsp;4.95%, 02/15/30 (Call 12/15/29) | 550 | 533456 |
| &nbsp;&nbsp;&nbsp;5.13%, 05/15/32 (Call 02/15/32) | 630 | 606362 |
| &nbsp;&nbsp;&nbsp;5.63%, 05/15/52 (Call 11/15/51) | 445 | 417873 |
| VICI Properties LP/VICI Note Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/25 (Call 02/15/23)<sup>(b)</sup> | 871 | 828922 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/27 (Call 02/15/23)<sup>(b)(c)</sup> | 1158 | 1070212 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/29 (Call 11/15/28)<sup>(b)</sup> | 440 | 396312 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/15/30 (Call 02/15/25)<sup>(b)</sup> | 900 | 810729 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 12/01/26 (Call 12/01/23)<sup>(b)</sup> | 1021 | 966468 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/01/26 (Call 06/01/26)<sup>(b)</sup> | 640 | 610445 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/15/28 (Call 10/15/27)<sup>(b)</sup> | 795 | 745002 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/15/25 (Call 03/15/25)<sup>(b)</sup> | 480 | 465120 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 1049 | 978266 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/01/24 (Call 02/04/24)<sup>(b)</sup> | 623 | 622240 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 02/01/27 (Call 11/01/26)<sup>(b)</sup> | 618 | 615058 |
| Vornado Realty LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.15%, 06/01/26 (Call 05/01/26)<sup>(c)</sup> | 120 | 104450 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/01/31 (Call 03/01/31) | 240 | 185712 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/25 (Call 11/15/24) | 325 | 310759 |
| WEA Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 01/15/27 (Call 11/15/26)<sup>(b)</sup> | 1240 | 1094585 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 06/15/29 (Call 03/15/29)<sup>(b)</sup> | 230 | 193766 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 09/20/28 (Call 06/20/28)<sup>(b)</sup> | 110 | 96560 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/20/48 (Call 03/20/48)<sup>(b)</sup> | 500 | 359105 |
| WEA Finance LLC/Westfield UK & Europe |  |  |
| &nbsp;&nbsp;&nbsp;Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 09/17/24 (Call 06/17/24)<sup>(b)</sup> | 847 | 807775 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/17/44 (Call 03/17/44)<sup>(b)(c)</sup> | 314 | 231936 |
| Welltower Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 01/15/29 (Call 11/15/28) | 205 | 172395 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/15/27 (Call 12/15/26) | 395 | 363171 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/15/31 (Call 10/15/30) | 270 | 226884 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/15/32 (Call 10/15/31) | 850 | 695725 |
| &nbsp;&nbsp;&nbsp;2.80%, 06/01/31 (Call 03/01/31) | 582 | 484835 |
| &nbsp;&nbsp;&nbsp;3.10%, 01/15/30 (Call 10/15/29) | 345 | 302113 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/24 (Call 02/15/24) | 392 | 385736 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/15/32 (Call 03/15/32) | 269 | 241016 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/25 (Call 03/01/25) | 1265 | 1238018 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/15/29 (Call 09/15/28) | 500 | 472365 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/26 (Call 01/01/26) | 656 | 643621 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/15/28 (Call 01/15/28) | 585 | 564870 |
| &nbsp;&nbsp;&nbsp;4.95%, 09/01/48 (Call 03/01/48) | 280 | 248696 |
| &nbsp;&nbsp;&nbsp;6.50%, 03/15/41 (Call 09/15/40) | 222 | 236665 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| Weyerhaeuser Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 03/09/33 (Call 12/09/32) | $125 | $110186 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/29 (Call 08/15/29) | 533 | 505369 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/15/30 (Call 01/15/30) | 453 | 427351 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/09/52 (Call 09/09/51) | 45 | 37417 |
| &nbsp;&nbsp;&nbsp;6.95%, 10/01/27 | 72 | 78592 |
| &nbsp;&nbsp;&nbsp;7.38%, 03/15/32 | 611 | 706951 |
| WP Carey Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 04/01/33 (Call 01/01/33) | 762 | 599961 |
| &nbsp;&nbsp;&nbsp;2.40%, 02/01/31 (Call 11/01/30) | 310 | 260406 |
| &nbsp;&nbsp;&nbsp;2.45%, 02/01/32 (Call 11/01/31) | 240 | 195881 |
| &nbsp;&nbsp;&nbsp;3.85%, 07/15/29 (Call 04/15/29) | 220 | 205722 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/25 (Call 12/01/24) | 116 | 114486 |
| &nbsp;&nbsp;&nbsp;4.60%, 04/01/24 (Call 01/01/24) | 400 | 396756 |
| XHR LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 315 | 279622 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 08/15/25 (Call 08/15/23)<sup>(b)</sup> | 342 | 338635 |
| Yuexiu REIT MTN Co. Ltd., 2.65%, 02/02/26<sup>(d)</sup> | 400 | 351892 |
|  |  | 212543103 |
| **Retail — 0.9%** |  |  |
| 1011778 BC ULC/New Red Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 595 | 522065 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/15/28 (Call 09/15/23)<sup>(b)</sup> | 1030 | 941420 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/15/30 (Call 10/15/25)<sup>(b)</sup> | 2040 | 1735856 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/28 (Call 11/15/23)<sup>(b)</sup> | 507 | 467956 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 292 | 291877 |
| 7-Eleven Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.80%, 02/10/24 (Call 02/10/23)<sup>(b)</sup> | 4845 | 4633661 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.95%, 02/10/26 (Call 01/10/26)<sup>(b)</sup> | 2101 | 1876844 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.30%, 02/10/28 (Call 12/10/27)<sup>(b)</sup> | 2415 | 2056228 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.80%, 02/10/31 (Call 11/10/30)<sup>(b)</sup> | 75 | 59754 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/10/41 (Call 09/10/40)<sup>(b)</sup> | 110 | 77465 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.80%, 02/10/51 (Call 08/10/50)<sup>(b)</sup> | 422 | 278701 |
| 99 Escrow Issuer Inc., 7.50%, 01/15/26 (Call 01/15/24)<sup>(b)</sup> | 235 | 114812 |
| AAG FH LP/AAG FH Finco Inc., 9.75%, 07/15/24 (Call 04/15/24)<sup>(b)</sup> | 32 | 31094 |
| Abercrombie & Fitch Management Co., 8.75%, 07/15/25 (Call 07/15/23)<sup>(b)(c)</sup> | 190 | 191953 |
| Academy Ltd., 6.00%, 11/15/27 (Call 11/15/23)<sup>(b)(c)</sup> | 255 | 246990 |
| Advance Auto Parts Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 10/01/27 (Call 08/01/27) | 305 | 264017 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/32 (Call 12/15/31) | 300 | 255312 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/15/30 (Call 01/15/30) | 316 | 287702 |
| Alimentation Couche-Tard Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 01/25/30 (Call 10/25/29)<sup>(b)</sup> | 453 | 396058 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.44%, 05/13/41 (Call 11/13/40)<sup>(b)</sup> | 510 | 384402 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.55%, 07/26/27 (Call 04/26/27)<sup>(b)</sup> | 635 | 598291 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/13/51 (Call 11/13/50)<sup>(b)</sup> | 430 | 309458 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 01/25/50 (Call 07/25/49)<sup>(b)</sup> | 474 | 358164 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/26/47 (Call 01/26/47)<sup>(b)</sup> | 330 | 277193 |
| Arko Corp., 5.13%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 310 | 245517 |
| Asbury Automotive Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 03/01/28 (Call 03/01/23) | 261 | 237638 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 580 | 512465 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/01/30 (Call 03/01/25) | 313 | 275318 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/15/32 (Call 11/15/26)<sup>(b)</sup> | 420 | 362775 |
| At Home Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/28 (Call 07/15/23)<sup>(b)(c)</sup> | 200 | 145958 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 07/15/29 (Call 07/15/24)<sup>(b)(c)</sup> | 325 | 199761 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Retail (continued)** |  |  |
| AutoNation Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 08/01/28 (Call 06/01/28) | $451 | $373879 |
| &nbsp;&nbsp;&nbsp;2.40%, 08/01/31 (Call 05/01/31) | 465 | 354702 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/24 (Call 09/15/24) | 90 | 86959 |
| &nbsp;&nbsp;&nbsp;3.80%, 11/15/27 (Call 08/15/27) | 420 | 394645 |
| &nbsp;&nbsp;&nbsp;3.85%, 03/01/32 (Call 12/01/31) | 180 | 152275 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/25 (Call 07/01/25) | 235 | 231167 |
| &nbsp;&nbsp;&nbsp;4.75%, 06/01/30 (Call 03/01/30) | 666 | 625874 |
| AutoZone Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 01/15/31 (Call 10/15/30) | 1043 | 836788 |
| &nbsp;&nbsp;&nbsp;3.13%, 04/18/24 (Call 03/18/24) | 325 | 318120 |
| &nbsp;&nbsp;&nbsp;3.13%, 04/21/26 (Call 01/21/26) | 403 | 384921 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/15/25 (Call 01/15/25) | 145 | 140174 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/15/25 (Call 03/15/25) | 1040 | 1016392 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/01/27 (Call 03/01/27) | 458 | 445378 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/18/29 (Call 01/18/29) | 275 | 261264 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/15/30 (Call 01/15/30) | 328 | 312814 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/01/28 | 1015 | 1012270 |
| &nbsp;&nbsp;&nbsp;4.75%, 08/01/32 (Call 05/01/32) | 270 | 270629 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/01/33 | 1015 | 1009783 |
| Bath & Body Works Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 02/01/28 | 300 | 283560 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 10/01/30 (Call 10/01/25)<sup>(b)</sup> | 700 | 684019 |
| &nbsp;&nbsp;&nbsp;6.69%, 01/15/27 | 220 | 220959 |
| &nbsp;&nbsp;&nbsp;6.75%, 07/01/36 | 461 | 416790 |
| &nbsp;&nbsp;&nbsp;6.88%, 11/01/35 | 781 | 716700 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.95%, 03/01/33<sup>(c)</sup> | 250 | 224793 |
| &nbsp;&nbsp;&nbsp;7.50%, 06/15/29 (Call 06/15/24) | 325 | 329661 |
| &nbsp;&nbsp;&nbsp;7.60%, 07/15/37 | 190 | 168118 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.38%, 07/01/25<sup>(b)</sup> | 185 | 198111 |
| BCPE Ulysses Intermediate Inc., 7.75%, 04/01/27 (Call 04/01/23), (8.50% PIK)<sup>(b)(h)</sup> | 300 | 223986 |
| Beacon Roofing Supply Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 05/15/29 (Call 05/15/25)<sup>(b)</sup> | 285 | 245576 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/15/26 (Call 11/15/23)<sup>(b)</sup> | 355 | 338304 |
| Bed Bath & Beyond Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 08/01/24 (Call 05/01/24) | 150 | 8336 |
| &nbsp;&nbsp;&nbsp;4.92%, 08/01/34 (Call 02/01/34) | 150 | 6414 |
| &nbsp;&nbsp;&nbsp;5.17%, 08/01/44 (Call 02/01/44) | 458 | 21063 |
| Best Buy Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 10/01/30 (Call 07/01/30) | 845 | 690204 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 10/01/28 (Call 07/01/28)<sup>(c)</sup> | 476 | 470488 |
| Bloomin' Brands Inc./OSI Restaurant Partners LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 197 | 176057 |
| BlueLinx Holdings Inc., 6.00%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 245 | 216766 |
| Brinker International Inc., 5.00%, 10/01/24 (Call 07/01/24)<sup>(b)</sup> | 465 | 454975 |
| Carrols Restaurant Group Inc., 5.88%, 07/01/29 (Call 07/01/24)<sup>(b)(c)</sup> | 210 | 160318 |
| Carvana Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/01/29 (Call 09/01/24)<sup>(b)</sup> | 445 | 197967 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/27 (Call 04/15/24)<sup>(b)</sup> | 390 | 175512 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 10/01/25 (Call 10/01/23)<sup>(b)(c)</sup> | 390 | 195105 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 10/01/28 (Call 10/01/23)<sup>(b)</sup> | 415 | 180708 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.25%, 05/01/30 (Call 05/01/27)<sup>(b)(c)</sup> | 2120 | 1134603 |
| CEC Entertainment LLC, 6.75%, 05/01/26 (Call 05/01/23)<sup>(b)</sup> | 395 | 365762 |
| Chengdu Communications Investment Group Co. Ltd., 2.20%, 12/01/24<sup>(d)</sup> | 600 | 557304 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Retail (continued)** |  |  |
| CK Hutchison International 20 Ltd., 3.38%, 05/08/50 (Call 11/08/49)<sup>(b)</sup> | $215 | $163187 |
| CK Hutchison International 21 Ltd., 3.13%, 04/15/41 (Call 10/15/40)<sup>(b)</sup> | 60 | 46270 |
| Costco Wholesale Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.38%, 06/20/27 (Call 04/20/27) | 1113 | 997738 |
| &nbsp;&nbsp;&nbsp;1.60%, 04/20/30 (Call 01/20/30) | 1067 | 903173 |
| &nbsp;&nbsp;&nbsp;1.75%, 04/20/32 (Call 01/20/32) | 1364 | 1124809 |
| &nbsp;&nbsp;&nbsp;2.75%, 05/18/24 (Call 03/18/24) | 703 | 688898 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/18/27 (Call 02/18/27) | 802 | 769952 |
| Darden Restaurants Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.85%, 05/01/27 (Call 02/01/27) | 899 | 869198 |
| &nbsp;&nbsp;&nbsp;4.55%, 02/15/48 (Call 08/15/47) | 375 | 312300 |
| Dave & Buster's Inc., 7.63%, 11/01/25 (Call 11/01/23)<sup>(b)</sup> | 277 | 281665 |
| Dick's Sporting Goods Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 01/15/32 (Call 10/15/31) | 420 | 343669 |
| &nbsp;&nbsp;&nbsp;4.10%, 01/15/52 (Call 07/15/51) | 425 | 299370 |
| Dollar General Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 04/03/30 (Call 01/03/30) | 716 | 660195 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/15/27 (Call 01/15/27) | 570 | 553316 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/01/28 (Call 02/01/28) | 127 | 123901 |
| &nbsp;&nbsp;&nbsp;4.13%, 04/03/50 (Call 10/03/49) | 363 | 307356 |
| &nbsp;&nbsp;&nbsp;4.15%, 11/01/25 (Call 08/01/25) | 180 | 177169 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/20/24 | 5 | 4956 |
| &nbsp;&nbsp;&nbsp;4.63%, 11/01/27 (Call 10/01/27) | 465 | 465521 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/01/32 (Call 08/01/32) | 570 | 578328 |
| Dollar Tree Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.65%, 12/01/31 (Call 09/01/31) | 545 | 457871 |
| &nbsp;&nbsp;&nbsp;3.38%, 12/01/51 (Call 06/01/51) | 255 | 184475 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/15/25 (Call 03/15/25) | 660 | 648199 |
| &nbsp;&nbsp;&nbsp;4.20%, 05/15/28 (Call 02/15/28) | 867 | 851117 |
| eG Global Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 02/07/25 (Call 05/15/23)<sup>(b)</sup> | 525 | 486859 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 10/30/25 (Call 10/30/23)<sup>(b)</sup> | 485 | 463054 |
| El Puerto de Liverpool SAB de CV, 3.88%, 10/06/26<sup>(d)</sup> | 200 | 191652 |
| Evergreen Acqco 1 LP/TVI Inc., 9.75%, 04/26/28 | 400 | 393388 |
| Falabella SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/15/32 (Call 10/15/31)<sup>(d)</sup> | 200 | 162822 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/30/27 (Call 07/30/27)<sup>(d)</sup> | 600 | 553632 |
| Ferrellgas LP/Ferrellgas Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/01/26 (Call 04/01/23)<sup>(b)</sup> | 430 | 395531 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 675 | 563713 |
| Fertitta Entertainment LLC/Fertitta Entertainment |  |  |
| &nbsp;&nbsp;&nbsp;Finance Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/15/29 (Call 01/15/25)<sup>(b)</sup> | 700 | 617400 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | 890 | 738771 |
| FirstCash Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/01/28 (Call 09/01/23)<sup>(b)</sup> | 355 | 319060 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/01/30 (Call 01/01/25)<sup>(b)</sup> | 340 | 312123 |
| Foot Locker Inc., 4.00%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 255 | 215391 |
| Foundation Building Materials Inc., 6.00%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 310 | 249358 |
| Gap Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 505 | 387997 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/01/31 (Call 10/01/26)<sup>(b)</sup> | 530 | 396726 |
| Genuine Parts Co., 1.88%, 11/01/30 (Call 08/01/30) | 145 | 115304 |
| Group 1 Automotive Inc., 4.00%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 460 | 404059 |
| Guitar Center Inc., 8.50%, 01/15/26 (Call 01/15/24)<sup>(b)</sup> | 370 | 323191 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Retail (continued)** |  |  |
| GYP Holdings III Corp., 4.63%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | $217 | $182608 |
| Home Depot Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 03/15/28 (Call 01/15/28) | 1250 | 1064225 |
| &nbsp;&nbsp;&nbsp;1.38%, 03/15/31 (Call 12/15/30) | 1060 | 854053 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 09/15/28 (Call 07/15/28)<sup>(c)</sup> | 450 | 392166 |
| &nbsp;&nbsp;&nbsp;1.88%, 09/15/31 (Call 06/15/31) | 250 | 207180 |
| &nbsp;&nbsp;&nbsp;2.13%, 09/15/26 (Call 06/15/26) | 265 | 245727 |
| &nbsp;&nbsp;&nbsp;2.38%, 03/15/51 (Call 09/15/50) | 1168 | 763300 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/15/27 (Call 02/15/27) | 1045 | 978350 |
| &nbsp;&nbsp;&nbsp;2.70%, 04/15/25 (Call 03/15/25) | 300 | 289302 |
| &nbsp;&nbsp;&nbsp;2.70%, 04/15/30 (Call 01/15/30) | 1258 | 1132464 |
| &nbsp;&nbsp;&nbsp;2.75%, 09/15/51 (Call 03/15/51) | 388 | 274983 |
| &nbsp;&nbsp;&nbsp;2.80%, 09/14/27 (Call 06/14/27) | 1418 | 1334522 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/15/27 (Call 03/15/27) | 900 | 853992 |
| &nbsp;&nbsp;&nbsp;2.95%, 06/15/29 (Call 03/15/29) | 1568 | 1455026 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/26 (Call 01/01/26) | 455 | 438060 |
| &nbsp;&nbsp;&nbsp;3.13%, 12/15/49 (Call 06/15/49) | 1110 | 849094 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/15/32 (Call 01/15/32) | 1255 | 1154274 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/15/40 (Call 10/15/39) | 1146 | 970673 |
| &nbsp;&nbsp;&nbsp;3.35%, 09/15/25 (Call 06/15/25) | 534 | 521184 |
| &nbsp;&nbsp;&nbsp;3.35%, 04/15/50 (Call 10/15/49) | 966 | 773051 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/15/56 (Call 03/15/56) | 390 | 316902 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/15/52 (Call 10/15/51) | 1195 | 997227 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/15/24 (Call 11/15/23) | 365 | 361533 |
| &nbsp;&nbsp;&nbsp;3.90%, 12/06/28 (Call 09/06/28) | 470 | 464083 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/15/47 (Call 12/15/46) | 953 | 841890 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/25 (Call 08/15/25) | 80 | 79670 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/01/43 (Call 10/01/42) | 517 | 481410 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/46 (Call 10/01/45) | 1377 | 1281836 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/15/45 (Call 09/15/44) | 1026 | 978917 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/15/32 (Call 06/15/32) | 400 | 404840 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/06/48 (Call 06/06/48) | 843 | 815316 |
| &nbsp;&nbsp;&nbsp;4.88%, 02/15/44 (Call 08/15/43) | 593 | 603674 |
| &nbsp;&nbsp;&nbsp;4.95%, 09/15/52 (Call 03/15/52) | 880 | 905731 |
| &nbsp;&nbsp;&nbsp;5.40%, 09/15/40 (Call 03/15/40) | 543 | 586831 |
| &nbsp;&nbsp;&nbsp;5.88%, 12/16/36 | 1814 | 2039770 |
| &nbsp;&nbsp;&nbsp;5.95%, 04/01/41 (Call 10/01/40) | 147 | 167577 |
| InRetail Consumer, 3.25%, 03/22/28 (Call 01/22/28)<sup>(d)</sup> | 400 | 345852 |
| IRB Holding Corp., 7.00%, 06/15/25 (Call 06/15/23)<sup>(b)</sup> | 494 | 495610 |
| JMH Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/09/31 (Call 01/09/31)<sup>(d)</sup> | 400 | 337400 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/09/36 (Call 01/09/36)<sup>(d)</sup> | 400 | 317280 |
| Ken Garff Automotive LLC, 4.88%, 09/15/28 (Call 09/15/23)<sup>(b)</sup> | 290 | 249684 |
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;America LLC, 4.75%, 06/01/27 (Call 06/01/23)<sup>(b)</sup> | 369 | 360092 |
| Kohl's Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 05/01/31 (Call 02/01/31) | 320 | 237277 |
| &nbsp;&nbsp;&nbsp;4.25%, 07/17/25 (Call 04/17/25) | 425 | 407766 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.55%, 07/17/45 (Call 01/17/45)<sup>(c)</sup> | 368 | 243325 |
| LBM Acquisition LLC, 6.25%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 575 | 436874 |
| LCM Investments Holdings II LLC, 4.88%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 702 | 579318 |
| Lithia Motors Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 480 | 408077 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/31 (Call 10/15/25)<sup>(b)</sup> | 400 | 340636 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 345 | 320960 |
| Lowe's Companies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.30%, 04/15/28 (Call 02/15/28) | 890 | 759019 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Retail (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 09/15/28 (Call 07/15/28) | $1015 | $874494 |
| &nbsp;&nbsp;&nbsp;1.70%, 10/15/30 (Call 07/15/30) | 850 | 691696 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/15/26 (Call 01/15/26) | 1617 | 1524152 |
| &nbsp;&nbsp;&nbsp;2.63%, 04/01/31 (Call 01/01/31) | 750 | 644835 |
| &nbsp;&nbsp;&nbsp;2.80%, 09/15/41 (Call 03/15/41) | 760 | 552307 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/15/50 (Call 04/15/50) | 1238 | 849813 |
| &nbsp;&nbsp;&nbsp;3.10%, 05/03/27 (Call 02/03/27) | 938 | 890734 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/15/24 (Call 06/15/24) | 791 | 770292 |
| &nbsp;&nbsp;&nbsp;3.35%, 04/01/27 (Call 03/01/27) | 535 | 512353 |
| &nbsp;&nbsp;&nbsp;3.38%, 09/15/25 (Call 06/15/25) | 605 | 586487 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/51 (Call 10/01/50) | 530 | 399684 |
| &nbsp;&nbsp;&nbsp;3.65%, 04/05/29 (Call 01/05/29) | 978 | 925648 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/15/46 (Call 10/15/45) | 905 | 719602 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/32 (Call 01/01/32) | 1705 | 1580978 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/15/25 (Call 03/15/25) | 1128 | 1111903 |
| &nbsp;&nbsp;&nbsp;4.05%, 05/03/47 (Call 11/03/46) | 1138 | 957536 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/01/52 (Call 10/01/51) | 730 | 620310 |
| &nbsp;&nbsp;&nbsp;4.38%, 09/15/45 (Call 03/15/45) | 625 | 546531 |
| &nbsp;&nbsp;&nbsp;4.40%, 09/08/25 | 695 | 692150 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/01/62 (Call 10/01/61) | 622 | 528097 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/30 (Call 01/15/30) | 668 | 660325 |
| &nbsp;&nbsp;&nbsp;4.55%, 04/05/49 (Call 10/05/48) | 30 | 26751 |
| &nbsp;&nbsp;&nbsp;4.65%, 04/15/42 (Call 10/15/41) | 280 | 257872 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/15/33 (Call 01/15/33) | 610 | 618052 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/15/40 (Call 10/15/39) | 288 | 281062 |
| &nbsp;&nbsp;&nbsp;5.13%, 04/15/50 (Call 10/15/49) | 603 | 589999 |
| &nbsp;&nbsp;&nbsp;5.50%, 10/15/35 | 20 | 20744 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/15/53 (Call 10/15/52) | 1120 | 1156725 |
| &nbsp;&nbsp;&nbsp;5.80%, 09/15/62 (Call 03/15/62) | 800 | 832344 |
| LSF9 Atlantis Holdings LLC/Victra Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 02/15/26 (Call 02/15/23)<sup>(b)</sup> | 585 | 533813 |
| Macy's Retail Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.30%, 02/15/43 (Call 08/15/42) | 160 | 99040 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/15/34 (Call 06/15/34) | 255 | 187247 |
| &nbsp;&nbsp;&nbsp;5.13%, 01/15/42 (Call 07/15/41) | 220 | 148601 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 330 | 307550 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/15/30 (Call 03/15/25)<sup>(b)</sup> | 245 | 223808 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 03/15/32 (Call 03/15/27)<sup>(b)(c)</sup> | 255 | 228480 |
| &nbsp;&nbsp;&nbsp;6.38%, 03/15/37 | 160 | 132475 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.70%, 07/15/34<sup>(b)</sup> | 126 | 106049 |
| Marks & Spencer PLC, 7.13%, 12/01/37<sup>(b)</sup> | 225 | 202880 |
| McDonald's Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.45%, 09/01/25 (Call 08/01/25) | 45 | 41715 |
| &nbsp;&nbsp;&nbsp;2.13%, 03/01/30 (Call 12/01/29) | 455 | 391664 |
| &nbsp;&nbsp;&nbsp;2.63%, 09/01/29 (Call 06/01/29) | 820 | 739419 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/10/24 | 148 | 145644 |
| &nbsp;&nbsp;&nbsp;3.30%, 07/01/25 (Call 06/15/25) | 805 | 783909 |
| &nbsp;&nbsp;&nbsp;3.38%, 05/26/25 (Call 02/26/25) | 564 | 549996 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/27 (Call 12/01/26) | 565 | 546129 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/27 (Call 05/01/27) | 862 | 833666 |
| &nbsp;&nbsp;&nbsp;3.60%, 07/01/30 (Call 04/01/30) | 1215 | 1147628 |
| &nbsp;&nbsp;&nbsp;3.63%, 05/01/43 | 120 | 99869 |
| &nbsp;&nbsp;&nbsp;3.63%, 09/01/49 (Call 03/01/49) | 1021 | 835035 |
| &nbsp;&nbsp;&nbsp;3.70%, 01/30/26 (Call 10/30/25) | 1524 | 1498747 |
| &nbsp;&nbsp;&nbsp;3.70%, 02/15/42 | 205 | 173428 |
| &nbsp;&nbsp;&nbsp;3.80%, 04/01/28 (Call 01/01/28) | 766 | 748022 |
| &nbsp;&nbsp;&nbsp;4.20%, 04/01/50 (Call 10/01/49) | 903 | 808059 |
| &nbsp;&nbsp;&nbsp;4.45%, 03/01/47 (Call 09/01/46) | 481 | 446753 |
| &nbsp;&nbsp;&nbsp;4.45%, 09/01/48 (Call 03/01/48) | 247 | 229920 |
| &nbsp;&nbsp;&nbsp;4.60%, 09/09/32 (Call 06/09/32) | 200 | 202032 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Retail (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.60%, 05/26/45 (Call 11/26/44) | $228 | $215852 |
| &nbsp;&nbsp;&nbsp;4.70%, 12/09/35 (Call 06/09/35) | 768 | 768591 |
| &nbsp;&nbsp;&nbsp;4.88%, 07/15/40 | 607 | 600566 |
| &nbsp;&nbsp;&nbsp;4.88%, 12/09/45 (Call 06/09/45) | 821 | 812609 |
| &nbsp;&nbsp;&nbsp;5.15%, 09/09/52 (Call 03/09/52) | 350 | 359965 |
| &nbsp;&nbsp;&nbsp;5.70%, 02/01/39 | 856 | 922323 |
| &nbsp;&nbsp;&nbsp;6.30%, 10/15/37 | 580 | 665353 |
| &nbsp;&nbsp;&nbsp;6.30%, 03/01/38 | 816 | 932288 |
| Michaels Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/01/28 (Call 11/01/23)<sup>(b)</sup> | 605 | 507165 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 05/01/29 (Call 04/01/24)<sup>(b)(c)</sup> | 891 | 676839 |
| Murphy Oil USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 330 | 276982 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/15/29 (Call 09/15/24) | 355 | 325311 |
| &nbsp;&nbsp;&nbsp;5.63%, 05/01/27 (Call 05/01/23) | 160 | 157110 |
| NMG Holding Co. Inc./Neiman Marcus Group LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 04/01/26 (Call 04/01/23)<sup>(b)</sup> | 720 | 690768 |
| Nordstrom Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/27 (Call 12/15/26)<sup>(c)</sup> | 277 | 238979 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/01/31 (Call 05/01/31) | 320 | 240426 |
| &nbsp;&nbsp;&nbsp;4.38%, 04/01/30 (Call 01/01/30) | 395 | 317114 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/15/44 (Call 07/15/43) | 679 | 455935 |
| &nbsp;&nbsp;&nbsp;6.95%, 03/15/28 | 192 | 186361 |
| O'Reilly Automotive Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 03/15/31 (Call 12/15/30) | 440 | 353412 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/15/26 (Call 12/15/25) | 115 | 111999 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/01/27 (Call 06/01/27) | 691 | 666110 |
| &nbsp;&nbsp;&nbsp;3.90%, 06/01/29 (Call 03/01/29) | 369 | 352963 |
| &nbsp;&nbsp;&nbsp;4.35%, 06/01/28 (Call 03/01/28) | 215 | 213155 |
| &nbsp;&nbsp;&nbsp;4.70%, 06/15/32 (Call 03/15/32) | 700 | 698544 |
| Papa John's International Inc., 3.88%, 09/15/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/15/24)<sup>(b)(c)</sup> | 255 | 220397 |
| Park River Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 295 | 205488 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 08/01/29 (Call 08/01/24)<sup>(b)</sup> | 240 | 170522 |
| Patrick Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 245 | 209382 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 340 | 336811 |
| Penske Automotive Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/25 (Call 09/01/23)<sup>(c)</sup> | 370 | 350512 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/15/29 (Call 06/15/24) | 300 | 254868 |
| PetSmart Inc./PetSmart Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/15/28 (Call 02/15/24)<sup>(b)</sup> | 815 | 755815 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 875 | 862715 |
| QVC Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 09/01/28 (Call 06/01/28) | 323 | 207259 |
| &nbsp;&nbsp;&nbsp;4.45%, 02/15/25 (Call 11/15/24) | 380 | 324003 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/27 (Call 11/15/26) | 415 | 314612 |
| &nbsp;&nbsp;&nbsp;4.85%, 04/01/24 | 405 | 387573 |
| &nbsp;&nbsp;&nbsp;5.45%, 08/15/34 (Call 02/15/34) | 285 | 167936 |
| &nbsp;&nbsp;&nbsp;5.95%, 03/15/43 | 240 | 123691 |
| Rite Aid Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 07/01/25 (Call 07/01/23)<sup>(b)(c)</sup> | 358 | 236119 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.70%, 02/15/27<sup>(c)</sup> | 56 | 25515 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/15/26 (Call 01/15/24)<sup>(b)</sup> | 706 | 393546 |
| Ross Stores Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 04/15/26 (Call 03/15/26) | 637 | 566841 |
| &nbsp;&nbsp;&nbsp;1.88%, 04/15/31 (Call 01/15/31) | 165 | 133893 |
| &nbsp;&nbsp;&nbsp;4.60%, 04/15/25 (Call 03/15/25) | 673 | 670651 |
| Sally Holdings LLC/Sally Capital Inc., 5.63%, 12/01/25 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 12/01/23) | 470 | 465295 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Retail (continued)** |  |  |
| Sizzling Platter LLC/Sizzling Platter Finance Corp., <br> 8.50%, 11/28/25 (Call 11/28/23)<sup>(b)</sup>  | $230 | $213364 |
| Sonic Automotive Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 439 | 365125 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 11/15/31 (Call 11/15/26)<sup>(b)</sup> | 365 | 290894 |
| Specialty Building Products Holdings LLC/SBP Finance Corp., 6.38%, 09/30/26 (Call 09/30/23)<sup>(b)</sup>  | 500 | 450285 |
| SRS Distribution Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 07/01/28 (Call 07/01/24)<sup>(b)</sup> | 480 | 441312 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 575 | 491706 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 07/01/29 (Call 07/01/24)<sup>(b)</sup> | 315 | 270865 |
| Staples Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/15/26 (Call 04/15/23)<sup>(b)</sup> | 1420 | 1260676 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.75%, 04/15/27 (Call 04/15/23)<sup>(b)</sup> | 700 | 530327 |
| Starbucks Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 03/12/27 (Call 01/12/27) | 1245 | 1134606 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/12/30 (Call 12/12/29) | 418 | 360496 |
| &nbsp;&nbsp;&nbsp;2.45%, 06/15/26 (Call 03/15/26) | 640 | 601370 |
| &nbsp;&nbsp;&nbsp;2.55%, 11/15/30 (Call 08/15/30) | 1123 | 979031 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/14/32 (Call 11/14/31) | 840 | 746290 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/12/50 (Call 09/12/49) | 180 | 137660 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/28 (Call 12/01/27) | 442 | 422366 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/50 (Call 05/15/50) | 628 | 490041 |
| &nbsp;&nbsp;&nbsp;3.55%, 08/15/29 (Call 05/15/29) | 748 | 707316 |
| &nbsp;&nbsp;&nbsp;3.75%, 12/01/47 (Call 06/01/47) | 590 | 481711 |
| &nbsp;&nbsp;&nbsp;3.80%, 08/15/25 (Call 06/15/25) | 936 | 920125 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/28 (Call 08/15/28) | 650 | 634647 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 06/15/45 (Call 12/10/44)<sup>(c)</sup> | 115 | 104128 |
| &nbsp;&nbsp;&nbsp;4.45%, 08/15/49 (Call 02/15/49) | 750 | 685267 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/15/48 (Call 05/15/48) | 516 | 474906 |
| Suburban Propane Partners LP/Suburban Energy |  |  |
| &nbsp;&nbsp;&nbsp;Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/01/31 (Call 06/01/26)<sup>(b)</sup> | 460 | 401608 |
| &nbsp;&nbsp;&nbsp;5.88%, 03/01/27 (Call 03/01/23) | 245 | 237113 |
| Superior Plus LP/Superior General Partner Inc., 4.50%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;03/15/29 (Call 03/15/24)<sup>(b)</sup> | 360 | 318355 |
| Target Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.95%, 01/15/27 (Call 12/15/26) | 515 | 475288 |
| &nbsp;&nbsp;&nbsp;2.25%, 04/15/25 (Call 03/15/25) | 975 | 929545 |
| &nbsp;&nbsp;&nbsp;2.35%, 02/15/30 (Call 11/15/29) | 544 | 477594 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/15/26 | 848 | 806117 |
| &nbsp;&nbsp;&nbsp;2.65%, 09/15/30 (Call 06/15/30) | 482 | 428917 |
| &nbsp;&nbsp;&nbsp;2.95%, 01/15/52 (Call 07/15/51) | 1010 | 748460 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/15/29 (Call 01/15/29) | 1070 | 1021294 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/24 | 542 | 533496 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/15/46 | 735 | 624713 |
| &nbsp;&nbsp;&nbsp;3.90%, 11/15/47 (Call 05/15/47) | 356 | 312618 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/42 | 225 | 211133 |
| &nbsp;&nbsp;&nbsp;4.40%, 01/15/33 | 720 | 720101 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/15/32 (Call 06/15/32) | 900 | 907497 |
| &nbsp;&nbsp;&nbsp;4.80%, 01/15/53 | 1050 | 1061455 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/15/37 | 250 | 290975 |
| &nbsp;&nbsp;&nbsp;7.00%, 01/15/38 | 100 | 123473 |
| TJX Companies Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;1.15%, 05/15/28 (Call 03/15/28) | 700 | 603176 |
| &nbsp;&nbsp;&nbsp;1.60%, 05/15/31 (Call 02/15/31) | 355 | 287958 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/15/26 (Call 06/15/26) | 495 | 460721 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/15/30 (Call 01/15/30) | 587 | 567688 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/50 (Call 10/15/49) | 360 | 345751 |
| TPro Acquisition Corp., 11.00%, 10/15/24 (Call 10/15/23)<sup>(b)</sup> | 231 | 225830 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Retail (continued)** |  |  |
| Tractor Supply Co., 1.75%, 11/01/30 (Call 08/01/30) | $335 | $266697 |
| Victoria's Secret & Co., 4.63%, 07/15/29 (Call 07/15/24)<sup>(b)</sup> | 455 | 378328 |
| Vivo Energy Investments BV, 5.13%, 09/24/27 (Call 09/24/23)<sup>(b)</sup> | 56 | 52291 |
| Walgreens Boots Alliance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 04/15/30 (Call 01/15/30) | 582 | 517567 |
| &nbsp;&nbsp;&nbsp;3.45%, 06/01/26 (Call 03/01/26) | 597 | 573293 |
| &nbsp;&nbsp;&nbsp;3.80%, 11/18/24 (Call 08/18/24) | 266 | 260957 |
| &nbsp;&nbsp;&nbsp;4.10%, 04/15/50 (Call 10/15/49) | 1191 | 912473 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/18/34 (Call 05/18/34) | 205 | 186368 |
| &nbsp;&nbsp;&nbsp;4.65%, 06/01/46 (Call 12/01/45) | 160 | 134350 |
| &nbsp;&nbsp;&nbsp;4.80%, 11/18/44 (Call 05/18/44) | 30 | 26671 |
| Walmart Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 09/24/29 (Call 06/24/29) | 102 | 91609 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/22/41 (Call 03/22/41) | 1170 | 895834 |
| &nbsp;&nbsp;&nbsp;2.65%, 09/22/51 (Call 03/22/51) | 1273 | 930741 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/24/49 (Call 03/24/49) | 120 | 92903 |
| &nbsp;&nbsp;&nbsp;3.05%, 07/08/26 (Call 05/08/26) | 460 | 446246 |
| &nbsp;&nbsp;&nbsp;3.25%, 07/08/29 (Call 04/08/29) | 860 | 823459 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/22/24 (Call 01/22/24) | 1121 | 1104219 |
| &nbsp;&nbsp;&nbsp;3.55%, 06/26/25 (Call 04/26/25) | 65 | 64231 |
| &nbsp;&nbsp;&nbsp;3.63%, 12/15/47 (Call 06/15/47) | 250 | 218413 |
| &nbsp;&nbsp;&nbsp;3.70%, 06/26/28 (Call 03/26/28) | 885 | 875044 |
| &nbsp;&nbsp;&nbsp;3.95%, 06/28/38 (Call 12/28/37) | 415 | 398703 |
| &nbsp;&nbsp;&nbsp;4.05%, 06/29/48 (Call 12/29/47) | 1053 | 1001908 |
| &nbsp;&nbsp;&nbsp;4.15%, 09/09/32 (Call 06/09/32) | 600 | 601122 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/09/52 (Call 03/09/52) | 900 | 903879 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/25/40 | 125 | 131404 |
| &nbsp;&nbsp;&nbsp;5.25%, 09/01/35 | 766 | 838081 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/01/40 | 100 | 112143 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/15/41 | 195 | 221842 |
| &nbsp;&nbsp;&nbsp;5.88%, 04/05/27 | 40 | 42898 |
| &nbsp;&nbsp;&nbsp;6.20%, 04/15/38 | 430 | 509473 |
| &nbsp;&nbsp;&nbsp;6.50%, 08/15/37 | 50 | 61136 |
| &nbsp;&nbsp;&nbsp;7.55%, 02/15/30 | 100 | 120164 |
| White Cap Buyer LLC, 6.88%, 10/15/28 (Call 10/15/23)<sup>(b)</sup> | 485 | 444105 |
| White Cap Parent LLC, 8.25%, 03/15/26 (Call 03/15/23), (9.00% PIK)<sup>(b)(h)</sup> | 200 | 182364 |
| Yum! Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/31 (Call 12/15/30) | 741 | 636163 |
| &nbsp;&nbsp;&nbsp;4.63%, 01/31/32 (Call 10/01/26) | 810 | 737829 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/30 (Call 10/15/29)<sup>(b)</sup> | 560 | 524944 |
| &nbsp;&nbsp;&nbsp;5.35%, 11/01/43 (Call 05/01/43) | 222 | 191806 |
| &nbsp;&nbsp;&nbsp;5.38%, 04/01/32 (Call 04/01/27) | 670 | 634724 |
| &nbsp;&nbsp;&nbsp;6.88%, 11/15/37 | 205 | 218821 |
| Zhongsheng Group Holdings Ltd., 3.00%, 01/13/26 (Call 12/13/25)<sup>(d)</sup> | 200 | 181490 |
|  |  | 182737474 |
| **Savings & Loans — 0.0%** |  |  |
| Nationwide Building Society |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 08/28/25<sup>(b)</sup> | 660 | 596521 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 10/13/26<sup>(b)</sup> | 385 | 340240 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 07/21/25<sup>(b)</sup> | 1292 | 1256690 |
| &nbsp;&nbsp;&nbsp;3.96%, 07/18/30 (Call 07/18/29), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.855%)<sup>(a)(b)</sup> | 385 | 350030 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/14/26<sup>(b)</sup> | 575 | 538976 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 10/18/32 (Call 10/18/27)<sup>(a)(b)</sup> | 474 | 431231 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/08/29 (Call 03/08/28), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 1.452%)<sup>(a)(b)</sup> | 1495 | 1399724 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Savings & Loans (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 07/27/27<sup>(b)</sup> | $450 | $448497 |
|  |  | 5361909 |
| **Semiconductors — 0.6%** |  |  |
| Advanced Micro Devices Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.92%, 06/01/32 (Call 03/01/32) | 360 | 344336 |
| &nbsp;&nbsp;&nbsp;4.39%, 06/01/52 (Call 12/01/51) | 835 | 778128 |
| Amkor Technology Inc., 6.63%, 09/15/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 03/15/23)<sup>(b)</sup> | 325 | 326134 |
| ams-OSRAM AG, 7.00%, 07/31/25 (Call 07/31/23)<sup>(b)(c)</sup> | 270 | 260555 |
| Analog Devices Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 10/01/28 (Call 08/01/28) | 445 | 387132 |
| &nbsp;&nbsp;&nbsp;2.10%, 10/01/31 (Call 07/01/31) | 538 | 452856 |
| &nbsp;&nbsp;&nbsp;2.80%, 10/01/41 (Call 04/01/41) | 310 | 240343 |
| &nbsp;&nbsp;&nbsp;2.95%, 04/01/25 (Call 03/01/25) | 220 | 213336 |
| &nbsp;&nbsp;&nbsp;2.95%, 10/01/51 (Call 04/01/51) | 505 | 371079 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 06/15/27 (Call 03/15/27)<sup>(b)</sup> | 85 | 81593 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/05/26 (Call 09/05/26) | 1240 | 1204015 |
| &nbsp;&nbsp;&nbsp;5.30%, 12/15/45 (Call 06/15/45) | 50 | 52027 |
| Applied Materials Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 06/01/30 (Call 03/01/30) | 685 | 575592 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/01/50 (Call 12/01/49) | 632 | 463983 |
| &nbsp;&nbsp;&nbsp;3.30%, 04/01/27 (Call 01/01/27) | 1004 | 971129 |
| &nbsp;&nbsp;&nbsp;3.90%, 10/01/25 (Call 07/01/25) | 513 | 506582 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/01/47 (Call 10/01/46) | 661 | 633278 |
| &nbsp;&nbsp;&nbsp;5.10%, 10/01/35 (Call 04/01/35) | 882 | 929205 |
| &nbsp;&nbsp;&nbsp;5.85%, 06/15/41 | 496 | 563292 |
| Broadcom Corp./Broadcom Cayman Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 01/15/25 (Call 11/15/24) | 460 | 444493 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/28 (Call 10/15/27) | 550 | 515532 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/15/27 (Call 10/15/26) | 1949 | 1879011 |
| Broadcom Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.95%, 02/15/28 (Call 12/15/27)<sup>(b)(c)</sup> | 1218 | 1058807 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.45%, 02/15/31 (Call 11/15/30)<sup>(b)</sup> | 1770 | 1453701 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.60%, 02/15/33 (Call 11/15/32)<sup>(b)</sup> | 750 | 589538 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.14%, 11/15/35 (Call 08/15/35)<sup>(b)</sup> | 1410 | 1094583 |
| &nbsp;&nbsp;&nbsp;3.15%, 11/15/25 (Call 10/15/25) | 796 | 761724 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.19%, 11/15/36 (Call 08/15/36)<sup>(b)</sup> | 385 | 294313 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.42%, 04/15/33 (Call 01/15/33)<sup>(b)</sup> | 1936 | 1624807 |
| &nbsp;&nbsp;&nbsp;3.46%, 09/15/26 (Call 07/15/26) | 1058 | 1011342 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.47%, 04/15/34 (Call 01/15/34)<sup>(b)</sup> | 2770 | 2295859 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/41 (Call 08/15/40)<sup>(b)</sup> | 2434 | 1861304 |
| &nbsp;&nbsp;&nbsp;3.63%, 10/15/24 (Call 09/15/24) | 105 | 102959 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/51 (Call 08/15/50)<sup>(b)</sup> | 1050 | 780192 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 02/15/29)<sup>(b)</sup> | 595 | 556956 |
| &nbsp;&nbsp;&nbsp;4.11%, 09/15/28 (Call 06/15/28) | 795 | 765736 |
| &nbsp;&nbsp;&nbsp;4.15%, 11/15/30 (Call 08/15/30) | 1171 | 1092484 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 04/15/32 (Call 01/15/32)<sup>(b)</sup> | 665 | 607358 |
| &nbsp;&nbsp;&nbsp;4.30%, 11/15/32 (Call 08/15/32) | 1329 | 1223345 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/15/29 (Call 01/15/29) | 200 | 197728 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.93%, 05/15/37 (Call 02/15/37)<sup>(b)</sup> | 3870 | 3552815 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/15/30 (Call 01/15/30) | 90 | 88850 |
| Entegris Escrow Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/15/29 (Call 01/15/29)<sup>(b)</sup> | 765 | 717738 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 06/15/30 (Call 06/15/25)<sup>(b)</sup> | 625 | 600356 |
| Entegris Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/01/29 (Call 05/01/24)<sup>(b)(c)</sup> | 270 | 231123 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/28 (Call 04/15/23)<sup>(b)</sup> | 245 | 221752 |
| Intel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.60%, 08/12/28 (Call 06/12/28) | 510 | 444501 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/12/31 (Call 05/12/31) | 664 | 544500 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Semiconductors (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 11/15/29 (Call 08/15/29) | $1341 | $1179423 |
| &nbsp;&nbsp;&nbsp;2.60%, 05/19/26 (Call 02/19/26) | 718 | 679831 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 06/17/24 (Call 04/17/24)<sup>(c)</sup> | 50 | 48712 |
| &nbsp;&nbsp;&nbsp;2.80%, 08/12/41 (Call 02/12/41) | 220 | 161687 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/11/24 (Call 03/11/24) | 734 | 718285 |
| &nbsp;&nbsp;&nbsp;3.05%, 08/12/51 (Call 02/12/51) | 93 | 64591 |
| &nbsp;&nbsp;&nbsp;3.10%, 02/15/60 (Call 08/15/59) | 1115 | 740104 |
| &nbsp;&nbsp;&nbsp;3.15%, 05/11/27 (Call 02/11/27) | 635 | 607968 |
| &nbsp;&nbsp;&nbsp;3.20%, 08/12/61 (Call 02/12/61) | 475 | 320407 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/15/49 (Call 05/15/49) | 1593 | 1150242 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/25/25 (Call 02/25/25) | 1557 | 1520691 |
| &nbsp;&nbsp;&nbsp;3.70%, 07/29/25 (Call 04/29/25) | 730 | 714801 |
| &nbsp;&nbsp;&nbsp;3.73%, 12/08/47 (Call 06/08/47) | 1451 | 1152921 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/25/27 (Call 01/25/27) | 770 | 753884 |
| &nbsp;&nbsp;&nbsp;3.75%, 08/05/27 (Call 07/05/27) | 405 | 395956 |
| &nbsp;&nbsp;&nbsp;3.90%, 03/25/30 (Call 12/25/29) | 764 | 733180 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/05/29 (Call 06/05/29) | 400 | 390024 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/15/32 | 616 | 584960 |
| &nbsp;&nbsp;&nbsp;4.10%, 05/19/46 (Call 11/19/45) | 410 | 353855 |
| &nbsp;&nbsp;&nbsp;4.10%, 05/11/47 (Call 11/11/46) | 628 | 534912 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 08/05/32 (Call 05/05/32)<sup>(c)</sup> | 650 | 621056 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/15/42 | 646 | 577369 |
| &nbsp;&nbsp;&nbsp;4.60%, 03/25/40 (Call 09/25/39) | 700 | 662102 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/25/50 (Call 09/25/49) | 1760 | 1626469 |
| &nbsp;&nbsp;&nbsp;4.80%, 10/01/41 | 675 | 654197 |
| &nbsp;&nbsp;&nbsp;4.90%, 07/29/45 (Call 01/29/45) | 460 | 448661 |
| &nbsp;&nbsp;&nbsp;4.90%, 08/05/52 (Call 02/05/52) | 860 | 811350 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 03/25/60 (Call 09/25/59)<sup>(c)</sup> | 970 | 920889 |
| &nbsp;&nbsp;&nbsp;5.05%, 08/05/62 (Call 02/05/62) | 450 | 421038 |
| KLA Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.30%, 03/01/50 (Call 08/28/49) | 355 | 275824 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/15/29 (Call 12/15/28) | 835 | 824437 |
| &nbsp;&nbsp;&nbsp;4.65%, 11/01/24 (Call 08/01/24) | 222 | 221070 |
| &nbsp;&nbsp;&nbsp;4.65%, 07/15/32 (Call 04/15/32) | 430 | 436803 |
| &nbsp;&nbsp;&nbsp;4.95%, 07/15/52 (Call 01/15/52) | 835 | 839467 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/15/49 (Call 09/15/48) | 521 | 518254 |
| &nbsp;&nbsp;&nbsp;5.25%, 07/15/62 (Call 01/15/62) | 865 | 895811 |
| Lam Research Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 06/15/30 (Call 03/15/30) | 368 | 310055 |
| &nbsp;&nbsp;&nbsp;2.88%, 06/15/50 (Call 12/15/49) | 609 | 438839 |
| &nbsp;&nbsp;&nbsp;3.13%, 06/15/60 (Call 12/15/59) | 455 | 323778 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/15/26 (Call 01/15/26) | 1268 | 1242894 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/15/25 (Call 12/15/24) | 360 | 354553 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/15/29 (Call 12/15/28) | 795 | 781207 |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/49 (Call 09/15/48) | 466 | 468167 |
| Marvell Technology Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 04/15/26 (Call 03/15/26) | 449 | 404405 |
| &nbsp;&nbsp;&nbsp;2.45%, 04/15/28 (Call 02/15/28) | 941 | 824890 |
| &nbsp;&nbsp;&nbsp;2.95%, 04/15/31 (Call 01/15/31) | 552 | 467207 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/22/28 (Call 03/22/28) | 404 | 400792 |
| Microchip Technology Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.97%, 02/15/24 | 705 | 674925 |
| &nbsp;&nbsp;&nbsp;0.98%, 09/01/24 | 864 | 809076 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/01/25 (Call 09/01/23) | 625 | 612475 |
| Micron Technology Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.70%, 04/15/32 (Call 01/15/32) | 575 | 458804 |
| &nbsp;&nbsp;&nbsp;3.37%, 11/01/41 (Call 05/01/41) | 495 | 355405 |
| &nbsp;&nbsp;&nbsp;3.48%, 11/01/51 (Call 05/01/51) | 270 | 183813 |
| &nbsp;&nbsp;&nbsp;4.19%, 02/15/27 (Call 12/15/26) | 1025 | 999293 |
| &nbsp;&nbsp;&nbsp;4.66%, 02/15/30 (Call 11/15/29) | 722 | 687979 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Semiconductors (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.98%, 02/06/26 (Call 12/06/25) | $789 | $793087 |
| &nbsp;&nbsp;&nbsp;5.33%, 02/06/29 (Call 11/06/28) | 674 | 678597 |
| &nbsp;&nbsp;&nbsp;6.75%, 11/01/29 (Call 09/01/29) | 500 | 532325 |
| NVIDIA Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.58%, 06/14/24 (Call 06/14/23) | 85 | 80551 |
| &nbsp;&nbsp;&nbsp;1.55%, 06/15/28 (Call 04/15/28) | 1185 | 1041023 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/15/31 (Call 03/15/31) | 1034 | 865117 |
| &nbsp;&nbsp;&nbsp;2.85%, 04/01/30 (Call 01/01/30) | 1367 | 1241304 |
| &nbsp;&nbsp;&nbsp;3.20%, 09/16/26 (Call 06/16/26) | 465 | 449697 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/40 (Call 10/01/39) | 1109 | 964398 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/50 (Call 10/01/49) | 1193 | 976196 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/01/60 (Call 10/01/59) | 460 | 375125 |
| NXP BV/NXP Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 03/01/24 (Call 02/01/24) | 370 | 369179 |
| &nbsp;&nbsp;&nbsp;5.35%, 03/01/26 (Call 01/01/26) | 663 | 668085 |
| &nbsp;&nbsp;&nbsp;5.55%, 12/01/28 (Call 09/01/28) | 602 | 620144 |
| NXP BV/NXP Funding LLC/NXP USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 05/11/31 (Call 02/11/31) | 815 | 669506 |
| &nbsp;&nbsp;&nbsp;2.65%, 02/15/32 (Call 11/15/31) | 505 | 413615 |
| &nbsp;&nbsp;&nbsp;2.70%, 05/01/25 (Call 04/01/25) | 500 | 475430 |
| &nbsp;&nbsp;&nbsp;3.13%, 02/15/42 (Call 08/15/41) | 540 | 389918 |
| &nbsp;&nbsp;&nbsp;3.15%, 05/01/27 (Call 03/01/27) | 779 | 724595 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/11/41 (Call 11/11/40) | 585 | 435059 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/30/51 (Call 05/30/51) | 370 | 254327 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/01/30 (Call 02/01/30) | 822 | 736397 |
| &nbsp;&nbsp;&nbsp;3.88%, 06/18/26 (Call 04/18/26) | 510 | 492298 |
| &nbsp;&nbsp;&nbsp;4.30%, 06/18/29 (Call 03/18/29) | 928 | 891789 |
| &nbsp;&nbsp;&nbsp;4.40%, 06/01/27 (Call 05/01/27) | 70 | 68826 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/15/33 (Call 10/15/32) | 525 | 514689 |
| ON Semiconductor Corp., 3.88%, 09/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/01/23)<sup>(b)</sup> | 440 | 401218 |
| Qorvo Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 12/15/24 (Call 02/13/23)<sup>(b)</sup> | 1315 | 1229196 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/01/31 (Call 04/01/26)<sup>(b)</sup> | 775 | 642421 |
| &nbsp;&nbsp;&nbsp;4.38%, 10/15/29 (Call 10/15/24) | 837 | 757652 |
| QUALCOMM Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.30%, 05/20/28 (Call 02/20/28) | 888 | 772311 |
| &nbsp;&nbsp;&nbsp;1.65%, 05/20/32 (Call 02/20/32) | 861 | 691512 |
| &nbsp;&nbsp;&nbsp;2.15%, 05/20/30 (Call 02/20/30) | 838 | 731985 |
| &nbsp;&nbsp;&nbsp;2.90%, 05/20/24 (Call 03/20/24) | 230 | 225267 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/20/27 (Call 02/20/27) | 833 | 802837 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/20/50 (Call 11/20/49) | 440 | 346452 |
| &nbsp;&nbsp;&nbsp;3.45%, 05/20/25 (Call 02/20/25) | 993 | 973120 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/20/32 (Call 02/20/32) | 165 | 164716 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/20/47 (Call 11/20/46) | 1580 | 1464170 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/20/52 (Call 11/20/51) | 810 | 766527 |
| &nbsp;&nbsp;&nbsp;4.65%, 05/20/35 (Call 11/20/34) | 780 | 798439 |
| &nbsp;&nbsp;&nbsp;4.80%, 05/20/45 (Call 11/20/44) | 1230 | 1229102 |
| &nbsp;&nbsp;&nbsp;5.40%, 05/20/33 (Call 02/20/33) | 400 | 430028 |
| &nbsp;&nbsp;&nbsp;6.00%, 05/20/53 (Call 11/20/52) | 645 | 740363 |
| Renesas Electronics Corp., 2.17%, 11/25/26 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/25/26)<sup>(b)</sup> | 1115 | 976272 |
| SK Hynix Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 01/19/26<sup>(d)</sup> | 800 | 705016 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 01/19/31<sup>(d)</sup> | 800 | 606232 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/17/24<sup>(d)</sup> | 200 | 191238 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 01/17/28<sup>(b)(c)</sup> | 700 | 711130 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/17/33<sup>(b)</sup> | 330 | 334620 |
| Skyworks Solutions Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.80%, 06/01/26 (Call 05/01/26) | 1020 | 910442 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Semiconductors (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/31 (Call 03/01/31) | $475 | $391376 |
| Synaptics Inc., 4.00%, 06/15/29 (Call 06/15/24)<sup>(b)(c)</sup> | 240 | 208438 |
| Texas Instruments Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.13%, 09/15/26 (Call 08/15/26) | 85 | 76303 |
| &nbsp;&nbsp;&nbsp;1.38%, 03/12/25 (Call 02/12/25) | 487 | 457653 |
| &nbsp;&nbsp;&nbsp;1.75%, 05/04/30 (Call 02/04/30) | 692 | 588781 |
| &nbsp;&nbsp;&nbsp;1.90%, 09/15/31 (Call 06/15/31) | 605 | 506367 |
| &nbsp;&nbsp;&nbsp;2.25%, 09/04/29 (Call 06/04/29) | 574 | 509649 |
| &nbsp;&nbsp;&nbsp;2.63%, 05/15/24 (Call 03/15/24) | 315 | 307342 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 09/15/51 (Call 03/15/51)<sup>(c)</sup> | 520 | 384488 |
| &nbsp;&nbsp;&nbsp;2.90%, 11/03/27 (Call 08/03/27) | 880 | 837716 |
| &nbsp;&nbsp;&nbsp;3.65%, 08/16/32 (Call 05/16/32) | 270 | 259273 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/15/39 (Call 09/15/38) | 672 | 627742 |
| &nbsp;&nbsp;&nbsp;4.10%, 08/16/52 (Call 02/16/52) | 160 | 152402 |
| &nbsp;&nbsp;&nbsp;4.15%, 05/15/48 (Call 11/15/47) | 1330 | 1263753 |
| &nbsp;&nbsp;&nbsp;4.60%, 02/15/28 (Call 01/15/28) | 235 | 239789 |
| &nbsp;&nbsp;&nbsp;4.70%, 11/18/24 | 400 | 401328 |
| TSMC Arizona Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 10/25/26 (Call 09/25/26) | 400 | 361056 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/25/31 (Call 07/25/31) | 275 | 235378 |
| &nbsp;&nbsp;&nbsp;3.13%, 10/25/41 (Call 04/25/41) | 710 | 583343 |
| &nbsp;&nbsp;&nbsp;3.25%, 10/25/51 (Call 04/25/51) | 400 | 318676 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/22/27 (Call 03/22/27) | 600 | 589074 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/22/32 (Call 01/22/32) | 400 | 397796 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/22/52 (Call 10/22/51) | 560 | 559451 |
| TSMC Global Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.75%, 09/28/25 (Call 08/28/25)<sup>(d)</sup> | 800 | 722240 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 09/28/27 (Call 07/28/27)<sup>(d)</sup> | 1000 | 855610 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 04/23/26 (Call 03/23/26)<sup>(d)</sup> | 800 | 717680 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 09/28/30 (Call 06/28/30)<sup>(d)</sup> | 1200 | 960948 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 04/23/28 (Call 02/23/28)<sup>(d)</sup> | 600 | 524544 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 04/23/31 (Call 01/23/31)<sup>(d)</sup> | 600 | 506772 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 07/22/27 (Call 06/22/27)<sup>(d)</sup> | 200 | 200434 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 07/22/32 (Call 04/22/32)<sup>(d)</sup> | 200 | 203516 |
| Xilinx Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.38%, 06/01/30 (Call 03/01/30) | 871 | 757822 |
| &nbsp;&nbsp;&nbsp;2.95%, 06/01/24 (Call 04/01/24) | 423 | 413322 |
|  |  | 119771395 |
| **Shipbuilding — 0.0%** |  |  |
| CSSC Capital 2015 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.10%, 07/27/26<sup>(d)</sup> | 200 | 179800 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/13/30<sup>(d)</sup> | 400 | 327168 |
| CSSC Capital Ltd. Co., 2.50%, 02/13/25<sup>(d)</sup> | 200 | 188696 |
| Huntington Ingalls Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.04%, 08/16/28 (Call 06/16/28) | 260 | 220233 |
| &nbsp;&nbsp;&nbsp;3.48%, 12/01/27 (Call 09/01/27) | 1065 | 993080 |
| &nbsp;&nbsp;&nbsp;3.84%, 05/01/25 (Call 04/01/25) | 740 | 717349 |
| &nbsp;&nbsp;&nbsp;4.20%, 05/01/30 (Call 02/01/30) | 559 | 522956 |
|  |  | 3149282 |
| **Software — 0.7%** |  |  |
| ACI Worldwide Inc., 5.75%, 08/15/26 (Call 08/15/23)<sup>(b)</sup> | 220 | 217917 |
| Activision Blizzard Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.35%, 09/15/30 (Call 06/15/30) | 698 | 565945 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/15/50 (Call 03/15/50) | 1164 | 780427 |
| &nbsp;&nbsp;&nbsp;3.40%, 09/15/26 (Call 06/15/26) | 1170 | 1129190 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/15/27 (Call 03/15/27) | 555 | 533161 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/15/47 (Call 12/15/46) | 696 | 657922 |
| Adobe Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 02/01/25 (Call 01/01/25) | 256 | 243441 |
| &nbsp;&nbsp;&nbsp;2.15%, 02/01/27 (Call 12/01/26) | 694 | 645281 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Software (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 02/01/30 (Call 11/01/29) | $1435 | $1267535 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/01/25 (Call 11/01/24) | 738 | 721506 |
| Autodesk Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 12/15/31 (Call 09/15/31) | 440 | 369204 |
| &nbsp;&nbsp;&nbsp;2.85%, 01/15/30 (Call 10/15/29) | 702 | 621691 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/15/27 (Call 03/15/27) | 705 | 673317 |
| &nbsp;&nbsp;&nbsp;4.38%, 06/15/25 (Call 03/15/25) | 275 | 273317 |
| Avaya Inc., 6.13%, 09/15/28 (Call 09/15/23)<sup>(b)</sup> | 645 | 190675 |
| Black Knight InfoServ LLC, 3.63%, 09/01/28 (Call 09/01/23)<sup>(b)</sup> | 645 | 573915 |
| Boxer Parent Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 10/02/25 (Call 06/01/23)<sup>(b)</sup> | 450 | 447044 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.13%, 03/01/26 (Call 09/01/23)<sup>(b)</sup> | 270 | 257375 |
| Broadridge Financial Solutions Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.60%, 05/01/31 (Call 02/01/31) | 610 | 518354 |
| &nbsp;&nbsp;&nbsp;2.90%, 12/01/29 (Call 09/01/29) | 511 | 447958 |
| &nbsp;&nbsp;&nbsp;3.40%, 06/27/26 (Call 03/27/26) | 315 | 301001 |
| Cadence Design Systems Inc., 4.38%, 10/15/24 (Call 07/15/24) | 60 | 59851 |
| Camelot Finance SA, 4.50%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | 425 | 404337 |
| Castle U.S. Holding Crop., 9.50%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 250 | 97603 |
| Central Parent Inc./CDK Global Inc., 7.25%, 06/15/29 (Call 06/15/25)<sup>(b)</sup> | 610 | 608713 |
| Clarivate Science Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/01/28 (Call 06/30/24)<sup>(b)(c)</sup> | 595 | 531240 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/01/29 (Call 06/30/24)<sup>(b)</sup> | 600 | 527640 |
| Consensus Cloud Solutions Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 10/15/26 (Call 10/15/23)<sup>(b)(c)</sup> | 205 | 196823 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/15/28 (Call 10/15/26)<sup>(b)</sup> | 370 | 346549 |
| CWT Travel Group Inc., 8.50%, 11/19/26 (Call 11/19/23)<sup>(b)</sup> | 425 | 360324 |
| Dun & Bradstreet Corp. (The), 5.00%, 12/15/29 (Call 12/15/24)<sup>(b)</sup> | 325 | 289855 |
| Elastic NV, 4.13%, 07/15/29 (Call 07/15/24)<sup>(b)</sup> | 400 | 342704 |
| Electronic Arts Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 02/15/31 (Call 11/15/30) | 705 | 575802 |
| &nbsp;&nbsp;&nbsp;2.95%, 02/15/51 (Call 08/15/50) | 1115 | 782908 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/01/26 (Call 12/01/25) | 902 | 908521 |
| Fair Isaac Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/15/28 (Call 12/15/23)<sup>(b)</sup> | 660 | 613054 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/15/26 (Call 02/15/26)<sup>(b)</sup> | 270 | 268048 |
| Fidelity National Information Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.60%, 03/01/24 | 545 | 519777 |
| &nbsp;&nbsp;&nbsp;1.15%, 03/01/26 (Call 02/01/26) | 770 | 687325 |
| &nbsp;&nbsp;&nbsp;1.65%, 03/01/28 (Call 01/01/28) | 580 | 499832 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/01/31 (Call 12/01/30) | 1302 | 1068226 |
| &nbsp;&nbsp;&nbsp;3.10%, 03/01/41 (Call 09/01/40) | 540 | 404406 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/15/25 | 290 | 287541 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/15/46 (Call 02/15/46) | 345 | 290752 |
| &nbsp;&nbsp;&nbsp;4.70%, 07/15/27 (Call 06/15/27) | 440 | 437782 |
| &nbsp;&nbsp;&nbsp;5.10%, 07/15/32 (Call 04/15/32) | 160 | 160642 |
| &nbsp;&nbsp;&nbsp;5.63%, 07/15/52 (Call 01/15/52) | 475 | 478377 |
| Fiserv Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 06/01/27 (Call 04/01/27) | 763 | 695032 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/01/30 (Call 03/01/30) | 706 | 615420 |
| &nbsp;&nbsp;&nbsp;2.75%, 07/01/24 (Call 06/01/24) | 1443 | 1398281 |
| &nbsp;&nbsp;&nbsp;3.20%, 07/01/26 (Call 05/01/26) | 1827 | 1736363 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/29 (Call 04/01/29) | 1930 | 1796791 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/01/25 (Call 03/01/25) | 1093 | 1068867 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Software (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.20%, 10/01/28 (Call 07/01/28) | $459 | $446933 |
| &nbsp;&nbsp;&nbsp;4.40%, 07/01/49 (Call 01/01/49) | 1366 | 1171782 |
| Helios Software Holdings Inc./ION Corporate Solutions |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Finance Sarl, 4.63%, 05/01/28 (Call 05/01/24)<sup>(b)</sup> | 275 | 220938 |
| Infor Inc., 1.75%, 07/15/25 (Call 06/15/25)<sup>(b)</sup> | 1145 | 1041263 |
| Intuit Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.95%, 07/15/25 (Call 06/15/25) | 782 | 718290 |
| &nbsp;&nbsp;&nbsp;1.35%, 07/15/27 (Call 05/15/27) | 844 | 748366 |
| &nbsp;&nbsp;&nbsp;1.65%, 07/15/30 (Call 04/15/30) | 756 | 626996 |
| Microsoft Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 08/08/26 (Call 05/08/26) | 2692 | 2539687 |
| &nbsp;&nbsp;&nbsp;2.53%, 06/01/50 (Call 12/01/49) | 4498 | 3206534 |
| &nbsp;&nbsp;&nbsp;2.68%, 06/01/60 (Call 12/01/59) | 2674 | 1856612 |
| &nbsp;&nbsp;&nbsp;2.70%, 02/12/25 (Call 11/12/24) | 1049 | 1019355 |
| &nbsp;&nbsp;&nbsp;2.88%, 02/06/24 (Call 12/06/23) | 1587 | 1559116 |
| &nbsp;&nbsp;&nbsp;2.92%, 03/17/52 (Call 09/17/51) | 5642 | 4312801 |
| &nbsp;&nbsp;&nbsp;3.04%, 03/17/62 (Call 09/17/61) | 1279 | 968510 |
| &nbsp;&nbsp;&nbsp;3.13%, 11/03/25 (Call 08/03/25) | 1248 | 1215764 |
| &nbsp;&nbsp;&nbsp;3.30%, 02/06/27 (Call 11/06/26) | 2825 | 2750957 |
| &nbsp;&nbsp;&nbsp;3.45%, 08/08/36 (Call 02/08/36) | 1317 | 1221280 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/12/35 (Call 08/12/34) | 2064 | 1944721 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/15/42 | 118 | 105085 |
| &nbsp;&nbsp;&nbsp;3.70%, 08/08/46 (Call 02/08/46) | 1215 | 1102126 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/12/45 (Call 08/12/44) | 275 | 251202 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/08/56 (Call 02/08/56) | 90 | 82651 |
| &nbsp;&nbsp;&nbsp;4.10%, 02/06/37 (Call 08/06/36) | 1060 | 1050513 |
| &nbsp;&nbsp;&nbsp;4.20%, 11/03/35 (Call 05/03/35) | 590 | 595499 |
| &nbsp;&nbsp;&nbsp;4.25%, 02/06/47 (Call 08/06/46) | 550 | 540991 |
| &nbsp;&nbsp;&nbsp;4.45%, 11/03/45 (Call 05/03/45) | 390 | 396876 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/40 | 100 | 102202 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/06/57 (Call 08/06/56) | 265 | 270536 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 11/03/55 (Call 05/03/55)<sup>(c)</sup> | 0 | 105 |
| &nbsp;&nbsp;&nbsp;5.20%, 06/01/39 | 310 | 347095 |
| &nbsp;&nbsp;&nbsp;5.30%, 02/08/41 | 425 | 477224 |
| MicroStrategy Inc., 6.13%, 06/15/28 (Call 06/15/24)<sup>(b)(c)</sup> | 340 | 288925 |
| Minerva Merger Sub Inc., 6.50%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | 1690 | 1394672 |
| MSCI Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 08/15/33 (Call 08/15/27)<sup>(b)</sup> | 525 | 430117 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 09/01/30 (Call 03/01/25)<sup>(b)</sup> | 660 | 577711 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 11/01/31 (Call 11/01/26)<sup>(b)</sup> | 310 | 265810 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/31 (Call 06/01/25)<sup>(b)</sup> | 675 | 595471 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 855 | 779640 |
| Open Text Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 780 | 677937 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 540 | 449480 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.90%, 12/01/27 (Call 11/01/27)<sup>(b)</sup> | 500 | 512475 |
| Open Text Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | 635 | 533743 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/01/31 (Call 12/01/26)<sup>(b)</sup> | 453 | 368226 |
| Oracle Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 03/25/26 (Call 02/25/26) | 1986 | 1811411 |
| &nbsp;&nbsp;&nbsp;2.30%, 03/25/28 (Call 01/25/28) | 1221 | 1090426 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/01/25 (Call 03/01/25) | 1190 | 1134736 |
| &nbsp;&nbsp;&nbsp;2.65%, 07/15/26 (Call 04/15/26) | 1756 | 1644617 |
| &nbsp;&nbsp;&nbsp;2.80%, 04/01/27 (Call 02/01/27) | 955 | 884511 |
| &nbsp;&nbsp;&nbsp;2.88%, 03/25/31 (Call 12/25/30) | 1925 | 1660659 |
| &nbsp;&nbsp;&nbsp;2.95%, 11/15/24 (Call 09/15/24) | 1514 | 1464674 |
| &nbsp;&nbsp;&nbsp;2.95%, 05/15/25 (Call 02/15/25) | 741 | 711797 |
| &nbsp;&nbsp;&nbsp;2.95%, 04/01/30 (Call 01/01/30) | 2000 | 1760780 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Software (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 11/15/27 (Call 08/15/27) | $1509 | $1419984 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/15/30 (Call 02/15/30) | 698 | 628437 |
| &nbsp;&nbsp;&nbsp;3.40%, 07/08/24 (Call 04/08/24) | 1323 | 1296130 |
| &nbsp;&nbsp;&nbsp;3.60%, 04/01/40 (Call 10/01/39) | 2014 | 1596035 |
| &nbsp;&nbsp;&nbsp;3.60%, 04/01/50 (Call 10/01/49) | 2810 | 2068525 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/25/41 (Call 09/25/40) | 1289 | 1020127 |
| &nbsp;&nbsp;&nbsp;3.80%, 11/15/37 (Call 05/15/37) | 1577 | 1326147 |
| &nbsp;&nbsp;&nbsp;3.85%, 07/15/36 (Call 01/15/36) | 889 | 766682 |
| &nbsp;&nbsp;&nbsp;3.85%, 04/01/60 (Call 10/01/59) | 2595 | 1876756 |
| &nbsp;&nbsp;&nbsp;3.90%, 05/15/35 (Call 11/15/34) | 1265 | 1120271 |
| &nbsp;&nbsp;&nbsp;3.95%, 03/25/51 (Call 09/25/50) | 1914 | 1489551 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/15/46 (Call 01/15/46) | 1826 | 1448000 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/47 (Call 05/15/47) | 1835 | 1455394 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/25/61 (Call 09/25/60) | 1033 | 781960 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/15/45 (Call 11/15/44) | 1648 | 1336363 |
| &nbsp;&nbsp;&nbsp;4.30%, 07/08/34 (Call 01/08/34) | 1303 | 1205418 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/15/55 (Call 11/15/54) | 1160 | 952198 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/08/44 (Call 01/08/44) | 574 | 501865 |
| &nbsp;&nbsp;&nbsp;5.38%, 07/15/40 | 1110 | 1083782 |
| &nbsp;&nbsp;&nbsp;5.80%, 11/10/25 | 510 | 524673 |
| &nbsp;&nbsp;&nbsp;6.13%, 07/08/39 | 933 | 983951 |
| &nbsp;&nbsp;&nbsp;6.15%, 11/09/29 (Call 09/09/29) | 770 | 822945 |
| &nbsp;&nbsp;&nbsp;6.25%, 11/09/32 (Call 08/09/32) | 1180 | 1282955 |
| &nbsp;&nbsp;&nbsp;6.50%, 04/15/38 | 1112 | 1226792 |
| &nbsp;&nbsp;&nbsp;6.90%, 11/09/52 (Call 05/09/52) | 1495 | 1728594 |
| Picard Midco Inc., 6.50%, 03/31/29 (Call 09/30/25)<sup>(b)</sup> | 2840 | 2491930 |
| Playtika Holding Corp., 4.25%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 550 | 456956 |
| PTC Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/25 (Call 02/15/23)<sup>(b)</sup> | 360 | 345290 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 305 | 284220 |
| Rackspace Technology Global Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/28 (Call 02/15/24)<sup>(b)</sup> | 355 | 213444 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 12/01/28 (Call 12/01/23)<sup>(b)</sup> | 375 | 137925 |
| ROBLOX Corp., 3.88%, 05/01/30 (Call 11/01/24)<sup>(b)</sup> | 670 | 564663 |
| Rocket Software Inc., 6.50%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 410 | 342071 |
| Roper Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 09/15/25 (Call 08/15/25) | 572 | 521721 |
| &nbsp;&nbsp;&nbsp;1.40%, 09/15/27 (Call 07/15/27) | 450 | 390794 |
| &nbsp;&nbsp;&nbsp;1.75%, 02/15/31 (Call 11/15/30) | 771 | 618913 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/30/30 (Call 03/30/30) | 542 | 451659 |
| &nbsp;&nbsp;&nbsp;2.35%, 09/15/24 (Call 08/15/24) | 860 | 825437 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/15/29 (Call 06/15/29) | 523 | 468666 |
| &nbsp;&nbsp;&nbsp;3.80%, 12/15/26 (Call 09/15/26) | 849 | 824328 |
| &nbsp;&nbsp;&nbsp;3.85%, 12/15/25 (Call 09/15/25) | 750 | 734137 |
| &nbsp;&nbsp;&nbsp;4.20%, 09/15/28 (Call 06/15/28) | 878 | 868807 |
| RRD Parent Inc., 10.00%, 10/15/31<sup>(b)(c)</sup> | 411 | 703323 |
| salesforce.com Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 07/15/28 (Call 05/15/28) | 500 | 436670 |
| &nbsp;&nbsp;&nbsp;1.95%, 07/15/31 (Call 04/15/31) | 965 | 800274 |
| &nbsp;&nbsp;&nbsp;2.70%, 07/15/41 (Call 01/15/41) | 665 | 501842 |
| &nbsp;&nbsp;&nbsp;2.90%, 07/15/51 (Call 01/15/51) | 735 | 525018 |
| &nbsp;&nbsp;&nbsp;3.05%, 07/15/61 (Call 01/15/61) | 865 | 597213 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/11/28 (Call 01/11/28) | 1274 | 1246775 |
| ServiceNow Inc., 1.40%, 09/01/30 (Call 06/01/30) | 1415 | 1121373 |
| Skillz Inc., 10.25%, 12/15/26 (Call 12/15/23)<sup>(b)(c)</sup> | 200 | 136048 |
| SS&C Technologies Inc., 5.50%, 09/30/27 (Call 03/30/23)<sup>(b)</sup> | 1583 | 1521770 |
| Take-Two Interactive Software Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.30%, 03/28/24 | 455 | 445946 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Software (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.55%, 04/14/25 | $360 | $349193 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/14/27 (Call 03/14/27) | 410 | 393211 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/14/32 (Call 01/14/32) | 685 | 640680 |
| Twilio Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/29 (Call 03/15/24) | 460 | 390719 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/15/31 (Call 03/15/26) | 370 | 306752 |
| Veritas U.S. Inc./Veritas Bermuda Ltd., 7.50%, 09/01/25 (Call 09/01/23)<sup>(b)</sup> | 1270 | 837768 |
| VMware Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 08/15/24 (Call 03/03/23) | 260 | 244104 |
| &nbsp;&nbsp;&nbsp;1.40%, 08/15/26 (Call 07/15/26) | 20 | 17723 |
| &nbsp;&nbsp;&nbsp;1.80%, 08/15/28 (Call 06/15/28) | 250 | 210810 |
| &nbsp;&nbsp;&nbsp;2.20%, 08/15/31 (Call 05/15/31) | 215 | 170534 |
| &nbsp;&nbsp;&nbsp;3.90%, 08/21/27 (Call 05/21/27) | 997 | 958446 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/25 (Call 04/15/25) | 500 | 495585 |
| &nbsp;&nbsp;&nbsp;4.65%, 05/15/27 (Call 03/15/27) | 313 | 310393 |
| &nbsp;&nbsp;&nbsp;4.70%, 05/15/30 (Call 02/15/30) | 976 | 947960 |
| Workday Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/27 (Call 03/01/27) | 255 | 244022 |
| &nbsp;&nbsp;&nbsp;3.70%, 04/01/29 (Call 02/01/29) | 295 | 278262 |
| &nbsp;&nbsp;&nbsp;3.80%, 04/01/32 (Call 01/01/32) | 400 | 365816 |
| ZoomInfo Technologies LLC/ZoomInfo Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 480 | 414053 |
|  |  | 138522169 |
| **Sovereign Debt Securities — 0.0%** |  |  |
| AVI Funding Co.Ltd., 3.80%, 09/16/25<sup>(d)</sup> | 400 | 388556 |
| State Agency of Roads of Ukraine, 6.25%, 06/24/30<sup>(d)</sup> | 600 | 106987 |
|  |  | 495543 |
| **Storage & Warehousing — 0.0%** |  |  |
| GLP China Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 03/29/26<sup>(d)</sup> | 400 | 317228 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.97%, 02/26/24<sup>(d)</sup> | 400 | 372344 |
|  |  | 689572 |
| **Telecommunications — 1.4%** |  |  |
| Altice France Holding SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/15/28 (Call 02/15/23)<sup>(b)(c)</sup> | 755 | 510123 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.50%, 05/15/27 (Call 05/15/23)<sup>(b)</sup> | 1049 | 900367 |
| Altice France SA, 5.50%, 10/15/29 (Call 10/15/24)<sup>(b)</sup> | 1465 | 1157145 |
| Altice France SA/France |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/15/29 (Call 09/15/23)<sup>(b)</sup> | 335 | 262325 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 07/15/29 (Call 04/15/24)<sup>(b)</sup> | 1695 | 1331168 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/28 (Call 09/15/23)<sup>(b)</sup> | 830 | 688983 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 02/01/27 (Call 08/01/23)<sup>(b)</sup> | 1289 | 1208077 |
| America Movil SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 05/07/30 (Call 02/07/30) | 497 | 438647 |
| &nbsp;&nbsp;&nbsp;3.63%, 04/22/29 (Call 01/22/29) | 1180 | 1102297 |
| &nbsp;&nbsp;&nbsp;4.38%, 07/16/42 | 524 | 479423 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/22/49 (Call 10/22/48)<sup>(c)</sup> | 765 | 694467 |
| &nbsp;&nbsp;&nbsp;4.70%, 07/21/32 (Call 04/21/32) | 50 | 49325 |
| &nbsp;&nbsp;&nbsp;6.13%, 11/15/37 | 642 | 705526 |
| &nbsp;&nbsp;&nbsp;6.13%, 03/30/40 | 1483 | 1632368 |
| &nbsp;&nbsp;&nbsp;6.38%, 03/01/35 | 1158 | 1296439 |
| AT&T Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.90%, 03/25/24 (Call 02/13/23) | 878 | 839500 |
| &nbsp;&nbsp;&nbsp;1.65%, 02/01/28 (Call 12/01/27) | 1611 | 1413346 |
| &nbsp;&nbsp;&nbsp;1.70%, 03/25/26 (Call 03/25/23) | 1973 | 1808689 |
| &nbsp;&nbsp;&nbsp;2.25%, 02/01/32 (Call 11/01/31) | 1747 | 1427369 |
| &nbsp;&nbsp;&nbsp;2.30%, 06/01/27 (Call 04/01/27) | 1816 | 1658553 |
| &nbsp;&nbsp;&nbsp;2.55%, 12/01/33 (Call 09/01/33) | 3340 | 2698219 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/01/31 (Call 03/01/31) | 1826 | 1576258 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Telecommunications (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.95%, 07/15/26 (Call 04/15/26) | $505 | $480730 |
| &nbsp;&nbsp;&nbsp;3.10%, 02/01/43 (Call 08/01/42) | 15 | 11204 |
| &nbsp;&nbsp;&nbsp;3.30%, 02/01/52 (Call 08/01/51) | 700 | 513674 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/41 (Call 12/01/40) | 2559 | 2059381 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/15/53 (Call 03/15/53) | 4782 | 3536241 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/61 (Call 08/01/60) | 260 | 186781 |
| &nbsp;&nbsp;&nbsp;3.55%, 09/15/55 (Call 03/15/55) | 5262 | 3858098 |
| &nbsp;&nbsp;&nbsp;3.65%, 06/01/51 (Call 12/01/50) | 1784 | 1371950 |
| &nbsp;&nbsp;&nbsp;3.65%, 09/15/59 (Call 03/15/59) | 4269 | 3127811 |
| &nbsp;&nbsp;&nbsp;3.80%, 02/15/27 (Call 11/15/26) | 287 | 279268 |
| &nbsp;&nbsp;&nbsp;3.80%, 12/01/57 (Call 06/01/57) | 4011 | 3049563 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/01/60 (Call 12/01/59) | 970 | 735590 |
| &nbsp;&nbsp;&nbsp;3.88%, 01/15/26 (Call 10/15/25) | 240 | 236028 |
| &nbsp;&nbsp;&nbsp;4.10%, 02/15/28 (Call 11/15/27) | 720 | 707306 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/01/27 (Call 12/01/26) | 525 | 522170 |
| &nbsp;&nbsp;&nbsp;4.30%, 02/15/30 (Call 11/15/29) | 2407 | 2348004 |
| &nbsp;&nbsp;&nbsp;4.30%, 12/15/42 (Call 06/15/42) | 460 | 405311 |
| &nbsp;&nbsp;&nbsp;4.35%, 03/01/29 (Call 12/01/28) | 2098 | 2060907 |
| &nbsp;&nbsp;&nbsp;4.35%, 06/15/45 (Call 12/15/44) | 520 | 454901 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/35 (Call 11/15/34) | 2466 | 2343243 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/09/48 (Call 09/09/47) | 935 | 821080 |
| &nbsp;&nbsp;&nbsp;4.55%, 03/09/49 (Call 09/09/48) | 640 | 566573 |
| &nbsp;&nbsp;&nbsp;4.65%, 06/01/44 (Call 12/01/43) | 404 | 367668 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/15/46 (Call 11/15/45) | 1170 | 1078342 |
| &nbsp;&nbsp;&nbsp;4.80%, 06/15/44 (Call 12/15/43) | 92 | 85720 |
| &nbsp;&nbsp;&nbsp;4.85%, 03/01/39 (Call 09/01/38) | 1026 | 981964 |
| &nbsp;&nbsp;&nbsp;4.85%, 07/15/45 (Call 01/15/45) | 501 | 463175 |
| &nbsp;&nbsp;&nbsp;4.90%, 08/15/37 (Call 02/14/37) | 945 | 917198 |
| &nbsp;&nbsp;&nbsp;5.15%, 03/15/42 | 651 | 631470 |
| &nbsp;&nbsp;&nbsp;5.15%, 11/15/46 (Call 05/15/46) | 700 | 672875 |
| &nbsp;&nbsp;&nbsp;5.15%, 02/15/50 (Call 08/14/49) | 511 | 497280 |
| &nbsp;&nbsp;&nbsp;5.25%, 03/01/37 (Call 09/01/36) | 430 | 436609 |
| &nbsp;&nbsp;&nbsp;5.35%, 09/01/40 | 200 | 201946 |
| &nbsp;&nbsp;&nbsp;5.45%, 03/01/47 (Call 09/01/46) | 267 | 270108 |
| &nbsp;&nbsp;&nbsp;5.55%, 08/15/41 | 357 | 365789 |
| &nbsp;&nbsp;&nbsp;5.65%, 02/15/47 (Call 08/15/46) | 450 | 466583 |
| &nbsp;&nbsp;&nbsp;5.70%, 03/01/57 (Call 09/01/56) | 342 | 359343 |
| &nbsp;&nbsp;&nbsp;6.00%, 08/15/40 (Call 05/15/40) | 355 | 376637 |
| &nbsp;&nbsp;&nbsp;6.30%, 01/15/38 | 10 | 10984 |
| &nbsp;&nbsp;&nbsp;6.38%, 03/01/41 | 550 | 610924 |
| &nbsp;&nbsp;&nbsp;6.55%, 02/15/39 | 495 | 552707 |
| Axiata SPV2 Bhd, 2.16%, 08/19/30 (Call 05/19/30)<sup>(d)</sup> | 1000 | 841010 |
| Axiata SPV5 Labuan Ltd., 3.06%, 08/19/50 (Call 02/19/50)<sup>(d)</sup> | 600 | 432132 |
| Bell Canada, Series US-6, 3.20%, 02/15/52 (Call 08/15/51) | 270 | 196587 |
| Bell Telephone Co. of Canada or Bell Canada (The) |  |  |
| &nbsp;&nbsp;&nbsp;3.65%, 08/15/52 (Call 02/15/52) | 210 | 166400 |
| &nbsp;&nbsp;&nbsp;4.30%, 07/29/49 (Call 01/29/49) | 994 | 871549 |
| &nbsp;&nbsp;&nbsp;4.46%, 04/01/48 (Call 10/01/47) | 581 | 530151 |
| &nbsp;&nbsp;&nbsp;Series US-3, 0.75%, 03/17/24 | 205 | 195357 |
| &nbsp;&nbsp;&nbsp;Series US-4, 3.65%, 03/17/51 (Call 09/17/50) | 496 | 393035 |
| &nbsp;&nbsp;&nbsp;Series US-5, 2.15%, 02/15/32 (Call 11/15/31) | 615 | 502965 |
| Bharti Airtel International Netherlands BV, 5.35%, 05/20/24<sup>(d)</sup> | 400 | 400136 |
| Bharti Airtel Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/03/31 (Call 03/05/31)<sup>(d)</sup> | 1100 | 950136 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/10/25<sup>(d)</sup> | 700 | 684817 |
| British Telecommunications PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/08/29 (Call 08/08/29)<sup>(b)</sup> | 1215 | 1085202 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 11/08/49 (Call 05/08/49)<sup>(b)</sup> | 652 | 511683 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Telecommunications (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 11/23/81 (Call 11/23/26)<sup>(a)(b)</sup> | $350 | $312239 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 11/23/81 (Call 08/23/31)<sup>(a)(b)</sup> | 332 | 272964 |
| &nbsp;&nbsp;&nbsp;5.13%, 12/04/28 (Call 09/24/28) | 735 | 738565 |
| &nbsp;&nbsp;&nbsp;9.63%, 12/15/30 | 1452 | 1830101 |
| C&W Senior Financing DAC, 6.88%, 09/15/27 (Call 09/15/23)<sup>(b)</sup> | 975 | 932500 |
| Ciena Corp., 4.00%, 01/31/30 (Call 01/31/25)<sup>(b)</sup> | 230 | 202832 |
| Cisco Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 09/20/26 (Call 06/20/26) | 1080 | 1021669 |
| &nbsp;&nbsp;&nbsp;2.95%, 02/28/26 | 678 | 654270 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/15/25 | 290 | 285589 |
| &nbsp;&nbsp;&nbsp;3.63%, 03/04/24 | 590 | 585398 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/15/40 | 1404 | 1551181 |
| &nbsp;&nbsp;&nbsp;5.90%, 02/15/39 | 1410 | 1612293 |
| Colombia Telecomunicaciones SA ESP, 4.95%, 07/17/30 (Call 04/17/30)<sup>(d)</sup> | 250 | 218160 |
| CommScope Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/01/29 (Call 09/01/24)<sup>(b)</sup> | 925 | 768286 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 03/01/26 (Call 03/01/23)<sup>(b)</sup> | 984 | 943459 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 07/01/28 (Call 07/01/23)<sup>(b)(c)</sup> | 475 | 373094 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 03/01/27 (Call 03/01/23)<sup>(b)</sup> | 680 | 578170 |
| CommScope Technologies LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/15/27 (Call 03/15/23)<sup>(b)(c)</sup> | 520 | 397119 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/25 (Call 06/15/23)<sup>(b)</sup> | 994 | 941586 |
| Connect Finco Sarl/Connect U.S. Finco LLC, 6.75%, 10/01/26 (Call 10/01/23)<sup>(b)</sup> | 1540 | 1472779 |
| Consolidated Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/28 (Call 10/01/23)<sup>(b)</sup> | 285 | 217646 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/01/28 (Call 10/01/23)<sup>(b)</sup> | 490 | 399967 |
| Corning Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 11/15/49 (Call 05/15/49) | 212 | 167957 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/15/57 (Call 05/15/57) | 758 | 650948 |
| &nbsp;&nbsp;&nbsp;4.70%, 03/15/37 | 416 | 401935 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/42 | 749 | 713677 |
| &nbsp;&nbsp;&nbsp;5.35%, 11/15/48 (Call 05/15/48) | 115 | 115498 |
| &nbsp;&nbsp;&nbsp;5.45%, 11/15/79 (Call 05/15/79) | 500 | 481480 |
| &nbsp;&nbsp;&nbsp;5.75%, 08/15/40 | 578 | 611391 |
| &nbsp;&nbsp;&nbsp;5.85%, 11/15/68 (Call 05/15/68) | 372 | 374325 |
| CT Trust, 5.13%, 02/03/32 (Call 02/03/27)<sup>(d)</sup> | 400 | 350680 |
| Deutsche Telekom AG, 3.63%, 01/21/50 (Call 07/21/49)<sup>(b)</sup> | 1145 | 894417 |
| Deutsche Telekom International Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 01/19/27 (Call 10/19/26)<sup>(b)</sup> | 1423 | 1372825 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/21/28 (Call 03/21/28)<sup>(b)</sup> | 820 | 809291 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/21/38 (Call 12/21/37)<sup>(b)</sup> | 605 | 580788 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/06/42<sup>(b)</sup> | 460 | 437529 |
| &nbsp;&nbsp;&nbsp;8.75%, 06/15/30 | 1910 | 2332969 |
| &nbsp;&nbsp;&nbsp;9.25%, 06/01/32 | 414 | 541102 |
| Digicel International Finance Ltd./Digicel international |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Holdings Ltd. 8.75%, 05/25/24 (Call 02/15/23)<sup>(d)</sup> | 800 | 689556 |
| Embarq Corp., 8.00%, 06/01/36 | 1010 | 486719 |
| Emirates Telecommunications Group Co. PJSC, 3.50%, 06/18/24<sup>(d)</sup> | 400 | 392772 |
| Empresa Nacional de Telecomunicaciones SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.05%, 09/14/32 (Call 06/14/32)<sup>(d)</sup> | 400 | 323844 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/01/26 (Call 05/03/26)<sup>(d)</sup> | 600 | 588450 |
| Frontier Communications Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/01/28 (Call 05/01/24)<sup>(b)</sup> | 1028 | 932345 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 760 | 725238 |
| &nbsp;&nbsp;&nbsp;5.88%, 11/01/29 (Call 11/01/24) | 530 | 432628 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/30 (Call 10/15/24)<sup>(b)</sup> | 665 | 545712 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Telecommunications (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | $650 | $557070 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 05/15/30 (Call 05/15/25)<sup>(b)</sup> | 790 | 818369 |
| Frontier Florida LLC, Series E, 6.86%, 02/01/28 | 195 | 180835 |
| Frontier North Inc., Series G, 6.73%, 02/15/28 | 365 | 337026 |
| Globe Telecom Inc., 4.20%, (Call 08/02/26)<sup>(a)(d)(f)</sup> | 400 | 370208 |
| HKT Capital No. 2 Ltd., 3.63%, 04/02/25<sup>(d)</sup> | 420 | 405796 |
| HKT Capital No. 4 Ltd., 3.00%, 07/14/26<sup>(d)</sup> | 600 | 559560 |
| HKT Capital No. 5 Ltd., 3.25%, 09/30/29<sup>(d)</sup> | 400 | 356084 |
| HKT Capital No. 6 Ltd., 3.00%, 01/18/32 (Call 10/18/31)<sup>(d)</sup> | 400 | 337972 |
| Hughes Satellite Systems Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 08/01/26 | 443 | 431052 |
| &nbsp;&nbsp;&nbsp;6.63%, 08/01/26 | 520 | 502741 |
| Iliad Holding SASU |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 765 | 724080 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 10/15/28 (Call 10/15/24)<sup>(b)</sup> | 590 | 553969 |
| Intelsat Jackson Holdings SA, 6.50%, 03/15/30 (Call 03/15/25)<sup>(b)</sup> | 2075 | 1883021 |
| Intrado Corp., 8.50%, 10/15/25 (Call 03/03/23)<sup>(b)</sup> | 420 | 379046 |
| Juniper Networks Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.20%, 12/10/25 (Call 11/10/25) | 698 | 629945 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/10/30 (Call 09/10/30) | 450 | 357161 |
| &nbsp;&nbsp;&nbsp;3.75%, 08/15/29 (Call 05/15/29) | 622 | 573963 |
| &nbsp;&nbsp;&nbsp;5.95%, 03/15/41 | 424 | 426972 |
| Koninklijke KPN NV, 8.38%, 10/01/30 | 170 | 201003 |
| KT Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 09/01/25<sup>(d)</sup> | 400 | 360376 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 07/18/26<sup>(b)(c)</sup> | 475 | 437527 |
| Level 3 Financing Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/01/27 (Call 01/01/27)<sup>(b)</sup> | 600 | 519672 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 550 | 409156 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 07/15/29 (Call 01/15/24)<sup>(b)</sup> | 640 | 468422 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/15/29 (Call 08/15/29)<sup>(b)</sup> | 555 | 449633 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 920 | 728852 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/15/27 (Call 09/15/23)<sup>(b)</sup> | 614 | 520764 |
| Ligado Networks LLC, 17.50%, 05/01/24, (17.50% PIK)<sup>(b)(h)</sup> | 351 | 42075 |
| Liquid Telecommunications Financing Plc, 5.50%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;09/04/26 (Call 03/04/23)<sup>(d)</sup> | 400 | 307280 |
| LogMeIn Inc., 5.50%, 09/01/27 (Call 09/01/23)<sup>(b)</sup> | 693 | 349085 |
| Lumen Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/15/27 (Call 02/15/23)<sup>(b)</sup> | 980 | 827140 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 655 | 440134 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/15/26 (Call 12/15/23)<sup>(b)(c)</sup> | 550 | 470355 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/15/29 (Call 06/15/24)<sup>(b)(c)</sup> | 350 | 243863 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 04/01/25 (Call 01/01/25)<sup>(c)</sup> | 209 | 200592 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series G, 6.88%, 01/15/28<sup>(c)</sup> | 210 | 172404 |
| &nbsp;&nbsp;&nbsp;Series P, 7.60%, 09/15/39 | 355 | 239827 |
| &nbsp;&nbsp;&nbsp;Series U, 7.65%, 03/15/42 | 325 | 213944 |
| Maxar Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.54%, 12/31/27 (Call 06/25/24)<sup>(b)(c)</sup> | 90 | 92042 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 06/15/27 (Call 06/15/24)<sup>(b)</sup> | 300 | 313530 |
| Millicom International Cellular SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/27/31 (Call 04/27/26)<sup>(d)</sup> | 600 | 507900 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 03/25/29 (Call 03/25/24)<sup>(d)</sup> | 360 | 333900 |
| Motorola Solutions Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 11/15/30 (Call 08/15/30) | 817 | 661615 |
| &nbsp;&nbsp;&nbsp;2.75%, 05/24/31 (Call 02/24/31) | 670 | 555866 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/01/24 | 59 | 58347 |
| &nbsp;&nbsp;&nbsp;4.60%, 02/23/28 (Call 11/23/27) | 496 | 492682 |
| &nbsp;&nbsp;&nbsp;4.60%, 05/23/29 (Call 02/23/29) | 805 | 786131 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Telecommunications (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 09/01/44 | $288 | $278582 |
| &nbsp;&nbsp;&nbsp;5.60%, 06/01/32 (Call 03/01/32) | 450 | 457448 |
| MTN Mauritius Investments Ltd., 6.50%, 10/13/26<sup>(d)</sup> | 400 | 406448 |
| NBN Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 10/08/24 (Call 09/08/24)<sup>(b)</sup> | 208 | 193712 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.45%, 05/05/26 (Call 04/05/26)<sup>(b)</sup> | 405 | 364686 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/08/32 (Call 10/08/31)<sup>(b)</sup> | 5 | 4076 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 05/05/31 (Call 02/05/31)<sup>(b)</sup> | 1298 | 1082610 |
| Network i2i Ltd., 3.98%, (Call 06/03/26)<sup>(d)(f)</sup> | 400 | 362360 |
| Nokia OYJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/12/27<sup>(c)</sup> | 416 | 400741 |
| &nbsp;&nbsp;&nbsp;6.63%, 05/15/39 | 350 | 356822 |
| NTT Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.58%, 03/01/24<sup>(b)</sup> | 1470 | 1401998 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.16%, 04/03/26 (Call 03/03/26)<sup>(b)</sup> | 2640 | 2368898 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.59%, 04/03/28 (Call 02/03/28)<sup>(b)</sup> | 1567 | 1359059 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.07%, 04/03/31 (Call 01/03/31)<sup>(b)</sup> | 1235 | 1032621 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.14%, 07/26/24<sup>(b)</sup> | 200 | 197808 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.24%, 07/25/25<sup>(b)</sup> | 350 | 345604 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.37%, 07/27/27 (Call 06/27/27)<sup>(b)</sup> | 210 | 209952 |
| Ooredoo International Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 04/08/31<sup>(d)</sup> | 600 | 528444 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/22/26<sup>(d)</sup> | 800 | 782520 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/31/28<sup>(b)</sup> | 400 | 391372 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/31/43<sup>(b)</sup> | 400 | 387192 |
| Orange SA |  |  |
| &nbsp;&nbsp;&nbsp;5.38%, 01/13/42 | 810 | 846482 |
| &nbsp;&nbsp;&nbsp;5.50%, 02/06/44 (Call 08/06/43) | 759 | 803872 |
| &nbsp;&nbsp;&nbsp;9.00%, 03/01/31 | 1296 | 1642550 |
| Oztel Holdings SPC Ltd., 6.63%, 04/24/28<sup>(d)</sup> | 450 | 467910 |
| PLDT Inc., 3.45%, 06/23/50 (Call 03/23/50)<sup>(d)</sup> | 400 | 276288 |
| Qwest Corp., 7.25%, 09/15/25 | 240 | 240137 |
| Rogers Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 11/15/26 (Call 08/15/26) | 425 | 395926 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.95%, 03/15/25 (Call 03/15/23)<sup>(b)</sup> | 705 | 677956 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 03/15/27 (Call 02/15/27)<sup>(b)</sup> | 635 | 597541 |
| &nbsp;&nbsp;&nbsp;3.63%, 12/15/25 (Call 09/15/25) | 910 | 878514 |
| &nbsp;&nbsp;&nbsp;3.70%, 11/15/49 (Call 05/15/49) | 761 | 565697 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 03/15/32 (Call 12/15/31)<sup>(b)</sup> | 865 | 778448 |
| &nbsp;&nbsp;&nbsp;4.30%, 02/15/48 (Call 08/15/47) | 785 | 640356 |
| &nbsp;&nbsp;&nbsp;4.35%, 05/01/49 (Call 11/01/48) | 868 | 716135 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/15/42 (Call 09/15/41)<sup>(b)</sup> | 415 | 360984 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/43 (Call 09/15/42) | 498 | 429102 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.55%, 03/15/52 (Call 09/15/51)<sup>(b)</sup> | 1125 | 945517 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/15/44 (Call 09/15/43) | 559 | 511988 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 03/15/82 (Call 03/15/27)<sup>(a)(b)(c)</sup> | 409 | 369957 |
| &nbsp;&nbsp;&nbsp;5.45%, 10/01/43 (Call 04/01/43) | 730 | 701953 |
| &nbsp;&nbsp;&nbsp;7.50%, 08/15/38 | 605 | 709732 |
| Saudi Telecom Co., 3.89%, 05/13/29<sup>(d)</sup> | 800 | 778424 |
| SES Global Americas Holdings Inc., 5.30%, 03/25/44<sup>(b)</sup> | 629 | 498306 |
| SingTel Group Treasury Pte Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 06/10/30 (Call 03/10/30)<sup>(d)</sup> | 600 | 500844 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 08/28/29 (Call 05/28/29)<sup>(d)</sup> | 1200 | 1053636 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/30/25<sup>(d)</sup> | 400 | 387400 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/28/28 (Call 05/28/28)<sup>(d)</sup> | 400 | 387996 |
| Sprint Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.88%, 11/15/28 | 1685 | 1806269 |
| &nbsp;&nbsp;&nbsp;8.75%, 03/15/32 | 1380 | 1703858 |
| Sprint LLC |  |  |
| &nbsp;&nbsp;&nbsp;7.13%, 06/15/24 | 1625 | 1661319 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Telecommunications (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;7.63%, 02/15/25 (Call 11/15/24) | $1025 | $1063868 |
| &nbsp;&nbsp;&nbsp;7.63%, 03/01/26 (Call 11/01/25) | 1220 | 1290028 |
| Sprint Spectrum Co. LLC/Sprint Spectrum Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;II LLC/Sprint Spectrum Co. III LLC, 4.74%, 03/20/25 (Call 03/20/24)<sup>(b)</sup> | 802 | 794549 |
| Telecom Italia Capital SA |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 09/30/34 | 695 | 557807 |
| &nbsp;&nbsp;&nbsp;6.38%, 11/15/33 | 646 | 546652 |
| &nbsp;&nbsp;&nbsp;7.20%, 07/18/36 | 705 | 600540 |
| &nbsp;&nbsp;&nbsp;7.72%, 06/04/38 | 723 | 623725 |
| Telecom Italia SpA/Milano, 5.30%, 05/30/24<sup>(b)</sup> | 885 | 861247 |
| Telefonica Celular del Paraguay SA, 5.88%, 04/15/27 (Call 04/15/23)<sup>(d)</sup> | 400 | 375284 |
| Telefonica Emisiones SA |  |  |
| &nbsp;&nbsp;&nbsp;4.10%, 03/08/27 | 1292 | 1253162 |
| &nbsp;&nbsp;&nbsp;4.67%, 03/06/38 | 720 | 622793 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/06/48 | 801 | 676428 |
| &nbsp;&nbsp;&nbsp;5.21%, 03/08/47 | 1741 | 1532602 |
| &nbsp;&nbsp;&nbsp;5.52%, 03/01/49 (Call 09/01/48) | 956 | 872933 |
| &nbsp;&nbsp;&nbsp;7.05%, 06/20/36 | 1355 | 1485581 |
| Telefonica Europe BV, 8.25%, 09/15/30 | 1081 | 1260986 |
| Telefonica Moviles Chile SA, 3.54%, 11/18/31 (Call 08/18/31)<sup>(d)</sup> | 350 | 293300 |
| Telesat Canada/Telesat LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/01/27 (Call 12/01/23)<sup>(b)</sup> | 255 | 117042 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 12/06/26 (Call 12/06/23)<sup>(b)(c)</sup> | 280 | 129198 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 340 | 94731 |
| Telstra Corp. Ltd., 3.13%, 04/07/25 (Call 01/07/25)<sup>(b)</sup> | 735 | 710708 |
| TELUS Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 02/16/27 (Call 11/16/26) | 340 | 318852 |
| &nbsp;&nbsp;&nbsp;3.40%, 05/13/32 (Call 02/13/32) | 445 | 394693 |
| &nbsp;&nbsp;&nbsp;3.70%, 09/15/27 (Call 06/15/27) | 512 | 494172 |
| &nbsp;&nbsp;&nbsp;4.30%, 06/15/49 (Call 12/15/48) | 528 | 464043 |
| &nbsp;&nbsp;&nbsp;4.60%, 11/16/48 (Call 05/16/48) | 763 | 707812 |
| T-Mobile USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 02/15/26 (Call 01/15/26) | 550 | 501853 |
| &nbsp;&nbsp;&nbsp;2.05%, 02/15/28 (Call 12/15/27) | 1015 | 894408 |
| &nbsp;&nbsp;&nbsp;2.25%, 02/15/26 (Call 02/15/23) | 1515 | 1404360 |
| &nbsp;&nbsp;&nbsp;2.25%, 11/15/31 (Call 08/15/31) | 1035 | 847862 |
| &nbsp;&nbsp;&nbsp;2.40%, 03/15/29 (Call 01/15/29) | 148 | 128766 |
| &nbsp;&nbsp;&nbsp;2.55%, 02/15/31 (Call 11/15/30) | 2074 | 1762029 |
| &nbsp;&nbsp;&nbsp;2.63%, 04/15/26 (Call 04/15/23) | 1320 | 1233302 |
| &nbsp;&nbsp;&nbsp;2.63%, 02/15/29 (Call 02/15/24) | 685 | 600450 |
| &nbsp;&nbsp;&nbsp;2.70%, 03/15/32 (Call 01/15/29) | 335 | 283477 |
| &nbsp;&nbsp;&nbsp;2.88%, 02/15/31 (Call 02/15/26) | 1185 | 1014182 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/15/41 (Call 08/15/40) | 1720 | 1281727 |
| &nbsp;&nbsp;&nbsp;3.30%, 02/15/51 (Call 08/15/50) | 1812 | 1305021 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/15/29 (Call 04/15/24) | 1325 | 1210215 |
| &nbsp;&nbsp;&nbsp;3.40%, 10/15/52 (Call 04/15/52) | 1755 | 1279957 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/15/25 (Call 03/15/25) | 2093 | 2032784 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/15/31 (Call 04/15/26) | 1535 | 1376250 |
| &nbsp;&nbsp;&nbsp;3.60%, 11/15/60 (Call 05/15/60) | 1755 | 1263582 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/15/27 (Call 02/15/27) | 2032 | 1954764 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/15/30 (Call 01/15/30) | 4137 | 3874218 |
| &nbsp;&nbsp;&nbsp;4.38%, 04/15/40 (Call 10/15/39) | 1703 | 1543497 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/50 (Call 10/15/49) | 2036 | 1797116 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/01/28 (Call 02/01/23) | 1226 | 1217626 |
| &nbsp;&nbsp;&nbsp;5.20%, 01/15/33 (Call 10/15/32) | 750 | 764760 |
| &nbsp;&nbsp;&nbsp;5.38%, 04/15/27 (Call 04/15/23) | 460 | 461803 |
| &nbsp;&nbsp;&nbsp;5.65%, 01/15/53 (Call 07/15/52) | 550 | 573744 |
| &nbsp;&nbsp;&nbsp;5.80%, 09/15/62 (Call 03/15/62) | 405 | 424983 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)** | *Value* |
| **Telecommunications (continued)** |  |  |
| Total Play Telecomunicaciones SA de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 09/20/28 (Call 09/30/25)<sup>(d)</sup> | $400 | $338108 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 11/12/25 (Call 11/12/23)<sup>(d)</sup> | 400 | 374120 |
| Tower Bersama Infrastructure, 2.80%, 05/02/27 (Call 11/02/26)<sup>(d)</sup> | 200 | 181218 |
| Tower Bersama Infrastructure Tbk PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/20/26 (Call 12/20/25)<sup>(d)</sup> | 200 | 184730 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/21/25 (Call 03/02/23)<sup>(d)</sup> | 200 | 194170 |
| Turk Telekomunikasyon AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/19/24<sup>(d)</sup> | 400 | 377784 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 02/28/25<sup>(d)</sup> | 200 | 190146 |
| Turkcell Iletisim Hizmetleri AS, 5.80%, 04/11/28 (Call 01/11/28)<sup>(d)</sup> | 600 | 524394 |
| U.S. Cellular Corp., 6.70%, 12/15/33 | 398 | 370100 |
| Verizon Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 03/22/24 | 515 | 491717 |
| &nbsp;&nbsp;&nbsp;0.85%, 11/20/25 (Call 10/20/25) | 1207 | 1092057 |
| &nbsp;&nbsp;&nbsp;1.45%, 03/20/26 (Call 02/20/26) | 1153 | 1050152 |
| &nbsp;&nbsp;&nbsp;1.50%, 09/18/30 (Call 06/18/30) | 875 | 707481 |
| &nbsp;&nbsp;&nbsp;1.68%, 10/30/30 (Call 07/30/30) | 1046 | 843892 |
| &nbsp;&nbsp;&nbsp;1.75%, 01/20/31 (Call 10/20/30) | 2205 | 1775312 |
| &nbsp;&nbsp;&nbsp;2.10%, 03/22/28 (Call 01/22/28) | 1732 | 1545550 |
| &nbsp;&nbsp;&nbsp;2.36%, 03/15/32 (Call 12/15/31) | 3212 | 2646463 |
| &nbsp;&nbsp;&nbsp;2.55%, 03/21/31 (Call 12/21/30) | 2852 | 2428963 |
| &nbsp;&nbsp;&nbsp;2.63%, 08/15/26 | 1056 | 991605 |
| &nbsp;&nbsp;&nbsp;2.65%, 11/20/40 (Call 05/20/40) | 1980 | 1431441 |
| &nbsp;&nbsp;&nbsp;2.85%, 09/03/41 (Call 03/03/41) | 680 | 504478 |
| &nbsp;&nbsp;&nbsp;2.88%, 11/20/50 (Call 05/20/50) | 2458 | 1672054 |
| &nbsp;&nbsp;&nbsp;2.99%, 10/30/56 (Call 04/30/56) | 2483 | 1652163 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/22/27 (Call 01/22/27) | 455 | 429597 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/20/60 (Call 05/20/60) | 1600 | 1040880 |
| &nbsp;&nbsp;&nbsp;3.15%, 03/22/30 (Call 12/22/29) | 1397 | 1268029 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/15/25 | 837 | 815146 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/22/41 (Call 09/22/40) | 2578 | 2075625 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/01/24 (Call 08/01/24) | 681 | 667441 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/22/51 (Call 09/22/50) | 2815 | 2186101 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/22/61 (Call 09/22/60) | 2158 | 1637836 |
| &nbsp;&nbsp;&nbsp;3.85%, 11/01/42 (Call 05/01/42) | 1110 | 944255 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/08/29 (Call 11/08/28) | 1175 | 1131161 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/01/52 (Call 09/01/51) | 615 | 505161 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/22/50 (Call 09/22/49) | 1260 | 1064914 |
| &nbsp;&nbsp;&nbsp;4.02%, 12/03/29 (Call 09/03/29) | 2613 | 2503881 |
| &nbsp;&nbsp;&nbsp;4.13%, 03/16/27 | 2142 | 2114797 |
| &nbsp;&nbsp;&nbsp;4.13%, 08/15/46 | 883 | 766320 |
| &nbsp;&nbsp;&nbsp;4.27%, 01/15/36 | 1354 | 1268116 |
| &nbsp;&nbsp;&nbsp;4.33%, 09/21/28 | 2292 | 2259866 |
| &nbsp;&nbsp;&nbsp;4.40%, 11/01/34 (Call 05/01/34) | 1639 | 1567884 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/10/33 | 1767 | 1729782 |
| &nbsp;&nbsp;&nbsp;4.52%, 09/15/48 | 419 | 384525 |
| &nbsp;&nbsp;&nbsp;4.67%, 03/15/55 | 35 | 32493 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/01/41 | 505 | 486825 |
| &nbsp;&nbsp;&nbsp;4.81%, 03/15/39 | 1168 | 1128884 |
| &nbsp;&nbsp;&nbsp;4.86%, 08/21/46 | 1852 | 1787717 |
| &nbsp;&nbsp;&nbsp;5.01%, 04/15/49 | 275 | 269965 |
| &nbsp;&nbsp;&nbsp;5.01%, 08/21/54 | 35 | 34365 |
| &nbsp;&nbsp;&nbsp;5.25%, 03/16/37 | 425 | 436870 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/16/47 | 625 | 643525 |
| &nbsp;&nbsp;&nbsp;5.85%, 09/15/35 | 100 | 106203 |
| &nbsp;&nbsp;&nbsp;6.40%, 09/15/33 | 175 | 193923 |
| &nbsp;&nbsp;&nbsp;6.55%, 09/15/43 | 720 | 833292 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Telecommunications (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;7.75%, 12/01/30 | $245 | $289602 |
| ViaSat Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 09/15/25 (Call 02/13/23)<sup>(b)</sup> | 480 | 451262 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 04/15/27 (Call 04/15/23)<sup>(b)</sup> | 445 | 415336 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 07/15/28 (Call 06/17/23)<sup>(b)</sup> | 310 | 248815 |
| Viavi Solutions Inc., 3.75%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 265 | 231109 |
| Vmed O2 UK Financing I PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/31/31 (Call 01/31/26)<sup>(b)</sup> | 910 | 763481 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/15/31 (Call 07/15/26)<sup>(b)</sup> | 980 | 835450 |
| Vodafone Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/04/81 (Call 06/04/26)<sup>(a)</sup> | 330 | 287100 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/30/25 | 1406 | 1383870 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/04/81 (Call 04/04/31)<sup>(a)</sup> | 680 | 550664 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/17/50 | 1007 | 836313 |
| &nbsp;&nbsp;&nbsp;4.38%, 02/19/43 | 577 | 497022 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/19/49 | 913 | 822065 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/30/38 | 1009 | 996004 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/19/59 | 995 | 931977 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/04/81 (Call 12/04/50)<sup>(a)</sup> | 675 | 519649 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/30/48 | 2313 | 2198345 |
| &nbsp;&nbsp;&nbsp;6.15%, 02/27/37 | 1126 | 1211790 |
| &nbsp;&nbsp;&nbsp;6.25%, 11/30/32 | 300 | 329463 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 04/04/79 (Call 01/04/29)<sup>(a)</sup> | 1390 | 1433132 |
| &nbsp;&nbsp;&nbsp;7.88%, 02/15/30 | 290 | 338798 |
| Windstream Escrow LLC/Windstream Escrow Finance Corp., 7.75%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 936 | 757158 |
| Xiaomi Best Time International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 07/14/31 (Call 04/14/31)<sup>(d)</sup> | 400 | 315236 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/29/30 (Call 01/29/30)<sup>(d)</sup> | 800 | 674224 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.10%, 07/14/51 (Call 01/14/51)<sup>(d)</sup> | 400 | 266208 |
| Zayo Group Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/01/27 (Call 03/03/23)<sup>(b)</sup> | 1040 | 826613 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 03/01/28 (Call 03/01/23)<sup>(b)</sup> | 745 | 512024 |
|  |  | 281945549 |
| **Textiles — 0.0%** |  |  |
| Eagle Intermediate Global Holding BV/Ruyi |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Finance LLC, 7.50%, 05/01/25 (Call 02/10/23)<sup>(d)</sup> | 500 | 315760 |
| **Toys, Games & Hobbies — 0.0%** |  |  |
| Hasbro Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 11/19/24 (Call 10/19/24) | 929 | 897953 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/15/27 (Call 06/15/27) | 589 | 551551 |
| &nbsp;&nbsp;&nbsp;3.55%, 11/19/26 (Call 09/19/26) | 910 | 867048 |
| &nbsp;&nbsp;&nbsp;3.90%, 11/19/29 (Call 08/19/29) | 516 | 471614 |
| &nbsp;&nbsp;&nbsp;5.10%, 05/15/44 (Call 11/15/43) | 305 | 271929 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.35%, 03/15/40<sup>(c)</sup> | 355 | 365504 |
| Mattel Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/01/26 (Call 04/01/23)<sup>(b)</sup> | 382 | 357327 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 420 | 377248 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 11/01/41 (Call 05/01/41)<sup>(c)</sup> | 245 | 210675 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 12/15/27 (Call 12/15/23)<sup>(b)(c)</sup> | 365 | 365460 |
| &nbsp;&nbsp;&nbsp;6.20%, 10/01/40 | 183 | 169548 |
|  |  | 4905857 |
| **Transportation — 0.6%** |  |  |
| AP Moller - Maersk A/S |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/28/25 (Call 06/28/25)<sup>(b)</sup> | 975 | 950167 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/20/29 (Call 03/20/29)<sup>(b)</sup> | 475 | 467029 |
| Autoridad del Canal de Panama, 4.95%, 07/29/35<sup>(d)</sup> | 200 | 195060 |
| AVIC International Finance & Investment Ltd., 3.30%, 09/23/30 (Call 06/23/30)<sup>(d)</sup> | 400 | 324072 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Transportation (continued)** |  |  |
| BNSF Funding Trust I, 6.61%, 12/15/55 (Call 01/15/26), |  |  |
| &nbsp;&nbsp;&nbsp;(3 mo. LIBOR US + 2.350%)<sup>(a)</sup> | $150 | $145515 |
| Burlington Northern Santa Fe LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 06/15/52 (Call 12/15/51) | 310 | 223705 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/25 (Call 01/01/25) | 465 | 450027 |
| &nbsp;&nbsp;&nbsp;3.05%, 02/15/51 (Call 08/15/50) | 295 | 221044 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/15/27 (Call 03/15/27)<sup>(c)</sup> | 791 | 762714 |
| &nbsp;&nbsp;&nbsp;3.30%, 09/15/51 (Call 03/15/51) | 745 | 586203 |
| &nbsp;&nbsp;&nbsp;3.40%, 09/01/24 (Call 06/01/24) | 447 | 438874 |
| &nbsp;&nbsp;&nbsp;3.55%, 02/15/50 (Call 08/15/49) | 408 | 335649 |
| &nbsp;&nbsp;&nbsp;3.65%, 09/01/25 (Call 06/01/25) | 230 | 225064 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/01/24 (Call 01/01/24) | 200 | 198000 |
| &nbsp;&nbsp;&nbsp;3.90%, 08/01/46 (Call 02/01/46) | 487 | 422779 |
| &nbsp;&nbsp;&nbsp;4.05%, 06/15/48 (Call 12/15/47) | 701 | 625278 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/15/47 (Call 12/15/46) | 283 | 256633 |
| &nbsp;&nbsp;&nbsp;4.15%, 04/01/45 (Call 10/01/44) | 820 | 750079 |
| &nbsp;&nbsp;&nbsp;4.15%, 12/15/48 (Call 06/15/48) | 488 | 442084 |
| &nbsp;&nbsp;&nbsp;4.38%, 09/01/42 (Call 03/01/42) | 780 | 736858 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/15/42 (Call 09/15/41) | 115 | 108791 |
| &nbsp;&nbsp;&nbsp;4.45%, 03/15/43 (Call 09/15/42) | 635 | 606571 |
| &nbsp;&nbsp;&nbsp;4.45%, 01/15/53 (Call 07/15/52) | 875 | 834837 |
| &nbsp;&nbsp;&nbsp;4.55%, 09/01/44 (Call 03/01/44) | 373 | 360247 |
| &nbsp;&nbsp;&nbsp;4.70%, 09/01/45 (Call 03/01/45) | 636 | 622631 |
| &nbsp;&nbsp;&nbsp;4.90%, 04/01/44 (Call 10/01/43) | 615 | 617890 |
| &nbsp;&nbsp;&nbsp;4.95%, 09/15/41 (Call 03/15/41) | 155 | 157359 |
| &nbsp;&nbsp;&nbsp;5.05%, 03/01/41 (Call 09/01/40) | 388 | 397207 |
| &nbsp;&nbsp;&nbsp;5.15%, 09/01/43 (Call 03/01/43) | 270 | 279898 |
| &nbsp;&nbsp;&nbsp;5.40%, 06/01/41 (Call 12/01/40) | 285 | 302311 |
| &nbsp;&nbsp;&nbsp;5.75%, 05/01/40 (Call 11/01/39) | 655 | 720716 |
| &nbsp;&nbsp;&nbsp;6.15%, 05/01/37 | 225 | 257369 |
| &nbsp;&nbsp;&nbsp;6.20%, 08/15/36 | 183 | 206894 |
| &nbsp;&nbsp;&nbsp;7.00%, 12/15/25 | 110 | 117769 |
| Canadian National Railway Co. |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 05/01/50 (Call 11/01/49) | 770 | 522222 |
| &nbsp;&nbsp;&nbsp;2.75%, 03/01/26 (Call 12/01/25) | 510 | 486010 |
| &nbsp;&nbsp;&nbsp;2.95%, 11/21/24 (Call 08/21/24) | 521 | 506428 |
| &nbsp;&nbsp;&nbsp;3.20%, 08/02/46 (Call 02/02/46) | 708 | 560389 |
| &nbsp;&nbsp;&nbsp;3.65%, 02/03/48 (Call 08/03/47) | 704 | 601526 |
| &nbsp;&nbsp;&nbsp;3.85%, 08/05/32 (Call 05/05/32) | 490 | 473595 |
| &nbsp;&nbsp;&nbsp;4.40%, 08/05/52 (Call 02/05/52) | 455 | 432255 |
| &nbsp;&nbsp;&nbsp;4.45%, 01/20/49 (Call 07/20/48) | 315 | 302044 |
| &nbsp;&nbsp;&nbsp;6.20%, 06/01/36 | 200 | 227832 |
| &nbsp;&nbsp;&nbsp;6.25%, 08/01/34 | 141 | 160892 |
| &nbsp;&nbsp;&nbsp;6.38%, 11/15/37 | 20 | 22646 |
| &nbsp;&nbsp;&nbsp;6.90%, 07/15/28 | 318 | 356910 |
| Canadian Pacific Railway Co. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 12/02/26 (Call 11/02/26) | 645 | 583867 |
| &nbsp;&nbsp;&nbsp;2.05%, 03/05/30 (Call 12/05/29) | 270 | 230488 |
| &nbsp;&nbsp;&nbsp;2.45%, 12/02/31 (Call 09/02/31) | 890 | 768470 |
| &nbsp;&nbsp;&nbsp;2.90%, 02/01/25 (Call 11/01/24) | 1113 | 1072064 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/02/41 (Call 06/02/41) | 245 | 194302 |
| &nbsp;&nbsp;&nbsp;3.10%, 12/02/51 (Call 06/02/51) | 875 | 646476 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/28 (Call 03/01/28) | 495 | 485001 |
| &nbsp;&nbsp;&nbsp;4.80%, 09/15/35 (Call 03/15/35) | 285 | 277804 |
| &nbsp;&nbsp;&nbsp;4.80%, 08/01/45 (Call 02/01/45) | 357 | 346283 |
| &nbsp;&nbsp;&nbsp;5.95%, 05/15/37 | 555 | 600921 |
| &nbsp;&nbsp;&nbsp;6.13%, 09/15/2115 (Call 03/15/15) | 533 | 584536 |
| &nbsp;&nbsp;&nbsp;7.13%, 10/15/31 | 383 | 441607 |
| Cargo Aircraft Management Inc., 4.75%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 385 | 348317 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Transportation (continued)** |  |  |
| Carriage Purchaser Inc., 7.88%, 10/15/29 (Call 10/15/24)<sup>(b)</sup>  | $225 | $163186 |
| CH Robinson Worldwide Inc., 4.20%, 04/15/28 (Call 01/15/28) | 365 | 356324 |
| CRCC Chengan Ltd., 3.97%, (Call 06/27/24)<sup>(a)(d)(f)</sup> | 1200 | 1179552 |
| CSX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 02/15/30 (Call 11/15/29) | 537 | 470111 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/15/51 (Call 11/15/50) | 650 | 429553 |
| &nbsp;&nbsp;&nbsp;2.60%, 11/01/26 (Call 08/01/26) | 555 | 520168 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/01/27 (Call 03/01/27) | 1319 | 1261808 |
| &nbsp;&nbsp;&nbsp;3.35%, 11/01/25 (Call 08/01/25) | 355 | 344013 |
| &nbsp;&nbsp;&nbsp;3.35%, 09/15/49 (Call 03/15/49) | 423 | 326607 |
| &nbsp;&nbsp;&nbsp;3.40%, 08/01/24 (Call 05/01/24) | 1221 | 1197398 |
| &nbsp;&nbsp;&nbsp;3.80%, 03/01/28 (Call 12/01/27) | 1147 | 1118658 |
| &nbsp;&nbsp;&nbsp;3.80%, 11/01/46 (Call 05/01/46) | 668 | 558882 |
| &nbsp;&nbsp;&nbsp;3.80%, 04/15/50 (Call 10/15/49) | 225 | 186314 |
| &nbsp;&nbsp;&nbsp;3.95%, 05/01/50 (Call 11/01/49) | 475 | 405531 |
| &nbsp;&nbsp;&nbsp;4.10%, 11/15/32 (Call 08/15/32) | 520 | 505248 |
| &nbsp;&nbsp;&nbsp;4.10%, 03/15/44 (Call 09/15/43) | 475 | 425990 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/15/29 (Call 12/15/28) | 815 | 807013 |
| &nbsp;&nbsp;&nbsp;4.25%, 11/01/66 (Call 05/01/66) | 405 | 349001 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/01/48 (Call 09/01/47) | 656 | 596888 |
| &nbsp;&nbsp;&nbsp;4.40%, 03/01/43 (Call 09/01/42) | 303 | 278805 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/49 (Call 09/15/48) | 655 | 609936 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/15/52 (Call 05/15/52) | 420 | 389668 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/01/54 (Call 02/01/54) | 250 | 228845 |
| &nbsp;&nbsp;&nbsp;4.65%, 03/01/68 (Call 09/01/67) | 517 | 474833 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/30/42 (Call 11/30/41) | 434 | 419960 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/15/48 (Call 05/15/48) | 328 | 316933 |
| &nbsp;&nbsp;&nbsp;5.50%, 04/15/41 (Call 10/15/40) | 80 | 84793 |
| &nbsp;&nbsp;&nbsp;6.00%, 10/01/36 | 145 | 158114 |
| &nbsp;&nbsp;&nbsp;6.15%, 05/01/37 | 432 | 480678 |
| &nbsp;&nbsp;&nbsp;6.22%, 04/30/40 | 345 | 391810 |
| Danaos Corp., 8.50%, 03/01/28 (Call 03/01/24)<sup>(b)</sup> | 305 | 294722 |
| Empresa de los Ferrocarriles del Estado |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.07%, 08/18/50 (Call 02/18/50)<sup>(d)</sup> | 400 | 256608 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.83%, 09/14/61 (Call 03/14/61)<sup>(d)</sup> | 400 | 284328 |
| Empresa de Transporte de Pasajeros Metro SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.65%, 05/07/30 (Call 02/07/30)<sup>(d)</sup> | 200 | 185312 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.69%, 09/13/61 (Call 03/13/61)<sup>(d)</sup> | 600 | 427416 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 05/07/50 (Call 11/07/49)<sup>(d)</sup> | 600 | 543216 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/25/47 (Call 07/25/46)<sup>(d)</sup> | 400 | 367340 |
| ENA Master Trust, 4.00%, 05/19/48 (Call 02/19/48)<sup>(d)</sup> | 200 | 156566 |
| FedEx Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 05/15/31 (Call 02/15/31) | 380 | 320876 |
| &nbsp;&nbsp;&nbsp;3.10%, 08/05/29 (Call 05/05/29) | 585 | 534403 |
| &nbsp;&nbsp;&nbsp;3.25%, 04/01/26 (Call 01/01/26) | 1660 | 1601402 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/15/41 (Call 11/15/40) | 740 | 564539 |
| &nbsp;&nbsp;&nbsp;3.40%, 02/15/28 (Call 11/15/27) | 305 | 288713 |
| &nbsp;&nbsp;&nbsp;3.88%, 08/01/42 | 180 | 147038 |
| &nbsp;&nbsp;&nbsp;3.90%, 02/01/35 | 794 | 715203 |
| &nbsp;&nbsp;&nbsp;4.05%, 02/15/48 (Call 08/15/47) | 973 | 797704 |
| &nbsp;&nbsp;&nbsp;4.10%, 04/15/43 | 360 | 300636 |
| &nbsp;&nbsp;&nbsp;4.10%, 02/01/45 | 260 | 215792 |
| &nbsp;&nbsp;&nbsp;4.20%, 10/17/28 (Call 07/17/28) | 340 | 332874 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/15/30 (Call 02/15/30) | 532 | 516631 |
| &nbsp;&nbsp;&nbsp;4.40%, 01/15/47 (Call 07/15/46) | 740 | 640019 |
| &nbsp;&nbsp;&nbsp;4.55%, 04/01/46 (Call 10/01/45) | 699 | 613414 |
| &nbsp;&nbsp;&nbsp;4.75%, 11/15/45 (Call 05/15/45) | 833 | 758763 |
| &nbsp;&nbsp;&nbsp;4.90%, 01/15/34 | 786 | 784302 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Transportation (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.95%, 10/17/48 (Call 04/17/48) | $355 | $332983 |
| &nbsp;&nbsp;&nbsp;5.10%, 01/15/44 | 681 | 651635 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/15/50 (Call 11/15/49) | 876 | 860968 |
| FedEx Corp. Class AA Pass Through Trust, Series 2020-1, Class AA, 1.88%, 08/20/35 | 165 | 135747 |
| First Student Bidco Inc./First Transit Parent Inc., 4.00%, 07/31/29 (Call 07/31/24)<sup>(b)</sup> | 530 | 442592 |
| Guangzhou Metro Investment Finance BVI Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.51%, 09/17/25<sup>(d)</sup> | 600 | 544566 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.31%, 09/17/30<sup>(d)</sup> | 200 | 157956 |
| Henan Railway Construction & Investment Group Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ltd., 2.20%, 01/26/25<sup>(d)</sup> | 200 | 183538 |
| Indian Railway Finance Corp. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.80%, 02/10/31<sup>(d)</sup> | 400 | 334380 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/13/30<sup>(d)</sup> | 600 | 528840 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.57%, 01/21/32<sup>(d)</sup> | 200 | 175462 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.73%, 03/29/24<sup>(d)</sup> | 300 | 294717 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.84%, 12/13/27<sup>(d)</sup> | 600 | 567252 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 02/13/50<sup>(d)</sup> | 200 | 153598 |
| JB Hunt Transport Services Inc., 3.88%, 03/01/26 (Call 01/01/26) | 1170 | 1148355 |
| Kansas City Southern |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 11/15/29 (Call 08/15/29) | 648 | 577038 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/50 (Call 11/01/49) | 365 | 286927 |
| &nbsp;&nbsp;&nbsp;4.20%, 11/15/69 (Call 05/15/69) | 374 | 316015 |
| &nbsp;&nbsp;&nbsp;4.30%, 05/15/43 (Call 11/15/42) | 113 | 99767 |
| &nbsp;&nbsp;&nbsp;4.70%, 05/01/48 (Call 11/01/47) | 395 | 366659 |
| &nbsp;&nbsp;&nbsp;4.95%, 08/15/45 (Call 02/15/45) | 505 | 482250 |
| Kirby Corp., 4.20%, 03/01/28 (Call 12/01/27) | 406 | 381007 |
| Lima Metro Line 2 Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 04/05/36<sup>(d)</sup> | 366 | 326155 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 07/05/34<sup>(d)</sup> | 326 | 319384 |
| Misc Capital Two Labuan Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 04/06/25<sup>(d)</sup> | 200 | 192916 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/06/27 (Call 03/06/27)<sup>(d)</sup> | 400 | 374276 |
| MTR Corp. CI Ltd., 2.50%, 11/02/26<sup>(d)</sup> | 510 | 476983 |
| MTR Corp. Ltd., 1.63%, 08/19/30<sup>(d)</sup> | 893 | 736305 |
| MV24 Capital BV, 6.75%, 06/01/34<sup>(d)</sup> | 685 | 651584 |
| Navios South American Logistics Inc./Navios Logistics |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Finance U.S. Inc., 10.75%, 07/01/25 (Call 03/02/23)<sup>(d)</sup> | 200 | 197960 |
| Norfolk Southern Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 05/15/31 (Call 02/15/31) | 872 | 745447 |
| &nbsp;&nbsp;&nbsp;2.55%, 11/01/29 (Call 08/01/29) | 1000 | 883020 |
| &nbsp;&nbsp;&nbsp;2.90%, 06/15/26 (Call 03/15/26) | 554 | 525763 |
| &nbsp;&nbsp;&nbsp;2.90%, 08/25/51 (Call 02/25/51) | 100 | 69886 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/15/32 (Call 12/15/31) | 660 | 588278 |
| &nbsp;&nbsp;&nbsp;3.05%, 05/15/50 (Call 11/15/49) | 544 | 395423 |
| &nbsp;&nbsp;&nbsp;3.15%, 06/01/27 (Call 03/01/27) | 480 | 455741 |
| &nbsp;&nbsp;&nbsp;3.16%, 05/15/55 (Call 11/15/54) | 687 | 493781 |
| &nbsp;&nbsp;&nbsp;3.40%, 11/01/49 (Call 05/01/49) | 250 | 192115 |
| &nbsp;&nbsp;&nbsp;3.65%, 08/01/25 (Call 06/01/25) | 88 | 85984 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/15/53 (Call 09/15/52) | 375 | 302966 |
| &nbsp;&nbsp;&nbsp;3.80%, 08/01/28 (Call 05/01/28) | 628 | 613977 |
| &nbsp;&nbsp;&nbsp;3.94%, 11/01/47 (Call 05/01/47) | 313 | 267577 |
| &nbsp;&nbsp;&nbsp;3.95%, 10/01/42 (Call 04/01/42) | 140 | 122704 |
| &nbsp;&nbsp;&nbsp;4.05%, 08/15/52 (Call 02/15/52) | 558 | 481911 |
| &nbsp;&nbsp;&nbsp;4.10%, 05/15/49 (Call 11/15/48) | 458 | 396083 |
| &nbsp;&nbsp;&nbsp;4.10%, 05/15/2121 (Call 11/15/20) | 465 | 350554 |
| &nbsp;&nbsp;&nbsp;4.15%, 02/28/48 (Call 08/28/47) | 570 | 501497 |
| &nbsp;&nbsp;&nbsp;4.45%, 03/01/33 | 400 | 398172 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Transportation (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.45%, 06/15/45 (Call 12/15/44) | $295 | $270353 |
| &nbsp;&nbsp;&nbsp;4.55%, 06/01/53 (Call 12/01/52) | 630 | 587796 |
| &nbsp;&nbsp;&nbsp;4.65%, 01/15/46 (Call 07/15/45) | 598 | 559680 |
| &nbsp;&nbsp;&nbsp;4.84%, 10/01/41 | 290 | 281822 |
| &nbsp;&nbsp;&nbsp;7.80%, 05/15/27 | 200 | 224756 |
| Pelabuhan Indonesia II PT, 5.38%, 05/05/45<sup>(d)</sup> | 420 | 397643 |
| Pelabuhan Indonesia Persero PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/05/25<sup>(d)</sup> | 800 | 784168 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 10/01/24<sup>(d)</sup> | 200 | 198500 |
| Polar Tankers Inc., 5.95%, 05/10/37<sup>(b)</sup> | 39 | 40813 |
| Rumo Luxembourg Sarl |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 01/18/32 (Call 01/18/27)<sup>(d)</sup> | 400 | 331692 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/10/28 (Call 01/10/24)<sup>(d)</sup> | 200 | 192500 |
| Ryder System Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.75%, 09/01/26 (Call 08/01/26) | 575 | 515562 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/24 (Call 08/01/24) | 764 | 733203 |
| &nbsp;&nbsp;&nbsp;2.85%, 03/01/27 (Call 02/01/27) | 135 | 124648 |
| &nbsp;&nbsp;&nbsp;2.90%, 12/01/26 (Call 10/01/26) | 438 | 405698 |
| &nbsp;&nbsp;&nbsp;3.35%, 09/01/25 (Call 08/01/25) | 420 | 401381 |
| &nbsp;&nbsp;&nbsp;3.65%, 03/18/24 (Call 02/18/24) | 895 | 880617 |
| &nbsp;&nbsp;&nbsp;4.30%, 06/15/27 (Call 05/15/27) | 430 | 420626 |
| &nbsp;&nbsp;&nbsp;4.63%, 06/01/25 (Call 05/01/25) | 740 | 734916 |
| Seaspan Corp., 5.50%, 08/01/29 (Call 08/01/24)<sup>(b)</sup> | 500 | 379595 |
| SF Holding Investment 2021 Ltd., 3.13%, 11/17/31<sup>(d)</sup> | 600 | 519498 |
| SF Holding Investment Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 11/17/26<sup>(d)</sup> | 600 | 545580 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 02/20/30<sup>(d)</sup> | 600 | 523860 |
| Simpar Europe SA, 5.20%, 01/26/31 (Call 01/26/26)<sup>(d)</sup> | 400 | 292500 |
| TTX Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.60%, 02/01/49 (Call 08/01/48)<sup>(b)</sup> | 255 | 236755 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.65%, 12/01/52 (Call 06/01/52)<sup>(b)</sup> | 250 | 271758 |
| Ukraine Railways Via Rail Capital Markets PLC, 8.25%, 07/09/26<sup>(d)</sup> | 400 | 82000 |
| Union Pacific Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.15%, 02/05/27 (Call 12/05/26) | 848 | 782000 |
| &nbsp;&nbsp;&nbsp;2.38%, 05/20/31 (Call 02/20/31) | 670 | 581459 |
| &nbsp;&nbsp;&nbsp;2.40%, 02/05/30 (Call 11/05/29) | 912 | 802642 |
| &nbsp;&nbsp;&nbsp;2.75%, 03/01/26 (Call 12/01/25) | 513 | 489761 |
| &nbsp;&nbsp;&nbsp;2.80%, 02/14/32 (Call 11/14/31) | 1000 | 885520 |
| &nbsp;&nbsp;&nbsp;2.89%, 04/06/36 (Call 01/06/36) | 200 | 166922 |
| &nbsp;&nbsp;&nbsp;2.95%, 03/10/52 (Call 09/10/51) | 585 | 423113 |
| &nbsp;&nbsp;&nbsp;2.97%, 09/16/62 (Call 03/16/62) | 544 | 374696 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/15/27 (Call 01/15/27) | 180 | 171679 |
| &nbsp;&nbsp;&nbsp;3.15%, 03/01/24 (Call 02/01/24) | 758 | 745190 |
| &nbsp;&nbsp;&nbsp;3.20%, 05/20/41 (Call 11/20/40) | 337 | 279043 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/15/25 (Call 10/15/24) | 120 | 117310 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/15/25 (Call 05/15/25) | 580 | 564108 |
| &nbsp;&nbsp;&nbsp;3.25%, 02/05/50 (Call 08/05/49) | 1281 | 998616 |
| &nbsp;&nbsp;&nbsp;3.35%, 08/15/46 (Call 02/15/46) | 115 | 90128 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/01/35 (Call 08/01/34) | 405 | 360677 |
| &nbsp;&nbsp;&nbsp;3.38%, 02/14/42 (Call 08/14/41) | 325 | 274209 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/14/53 (Call 08/14/52) | 595 | 480879 |
| &nbsp;&nbsp;&nbsp;3.55%, 08/15/39 (Call 02/15/39) | 385 | 336798 |
| &nbsp;&nbsp;&nbsp;3.55%, 05/20/61 (Call 11/20/60) | 170 | 132617 |
| &nbsp;&nbsp;&nbsp;3.60%, 09/15/37 (Call 03/15/37) | 603 | 535102 |
| &nbsp;&nbsp;&nbsp;3.65%, 02/15/24 (Call 11/15/23) | 670 | 661859 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/01/29 (Call 12/01/28) | 569 | 553017 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/15/24 (Call 12/15/23) | 570 | 563593 |
| &nbsp;&nbsp;&nbsp;3.75%, 07/15/25 (Call 05/15/25) | 336 | 330496 |
| &nbsp;&nbsp;&nbsp;3.75%, 02/05/70 (Call 08/05/69) | 998 | 784198 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Transportation (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 10/01/51 (Call 04/01/51) | $445 | $380880 |
| &nbsp;&nbsp;&nbsp;3.80%, 04/06/71 (Call 10/06/70) | 279 | 221780 |
| &nbsp;&nbsp;&nbsp;3.84%, 03/20/60 (Call 09/20/59) | 1420 | 1176243 |
| &nbsp;&nbsp;&nbsp;3.85%, 02/14/72 (Call 08/14/71) | 270 | 217544 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/01/55 (Call 08/01/54) | 326 | 275780 |
| &nbsp;&nbsp;&nbsp;3.95%, 09/10/28 (Call 06/10/28) | 901 | 886782 |
| &nbsp;&nbsp;&nbsp;3.95%, 08/15/59 (Call 02/15/59) | 420 | 352876 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/15/47 (Call 10/15/46) | 1105 | 968643 |
| &nbsp;&nbsp;&nbsp;4.05%, 11/15/45 (Call 05/15/45) | 305 | 269126 |
| &nbsp;&nbsp;&nbsp;4.05%, 03/01/46 (Call 09/01/45) | 140 | 122018 |
| &nbsp;&nbsp;&nbsp;4.10%, 09/15/67 (Call 03/15/67) | 204 | 173684 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/01/49 (Call 09/01/48) | 180 | 164484 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/20/33 (Call 10/20/32) | 635 | 640537 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/10/48 (Call 03/10/48) | 713 | 661978 |
| &nbsp;&nbsp;&nbsp;4.95%, 09/09/52 (Call 03/09/52) | 400 | 409484 |
| &nbsp;&nbsp;&nbsp;5.15%, 01/20/63 (Call 07/20/62) | 300 | 310461 |
| &nbsp;&nbsp;&nbsp;6.63%, 02/01/29 | 240 | 268771 |
| United Parcel Service Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 09/01/24 (Call 08/01/24) | 1165 | 1123072 |
| &nbsp;&nbsp;&nbsp;2.40%, 11/15/26 (Call 08/15/26) | 543 | 512038 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/29 (Call 06/01/29) | 637 | 570586 |
| &nbsp;&nbsp;&nbsp;2.80%, 11/15/24 (Call 09/15/24) | 332 | 323009 |
| &nbsp;&nbsp;&nbsp;3.05%, 11/15/27 (Call 08/15/27) | 1107 | 1059056 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/15/29 (Call 12/15/28) | 510 | 488269 |
| &nbsp;&nbsp;&nbsp;3.40%, 11/15/46 (Call 05/15/46) | 435 | 356100 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 09/01/49 (Call 03/01/49)<sup>(c)</sup> | 79 | 65321 |
| &nbsp;&nbsp;&nbsp;3.63%, 10/01/42 | 80 | 70174 |
| &nbsp;&nbsp;&nbsp;3.75%, 11/15/47 (Call 05/15/47) | 364 | 319130 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/01/25 (Call 03/01/25) | 739 | 731943 |
| &nbsp;&nbsp;&nbsp;4.25%, 03/15/49 (Call 09/15/48) | 353 | 331982 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/01/30 (Call 01/01/30) | 1208 | 1221662 |
| &nbsp;&nbsp;&nbsp;4.88%, 11/15/40 (Call 05/15/40) | 115 | 117266 |
| &nbsp;&nbsp;&nbsp;5.20%, 04/01/40 (Call 10/01/39) | 850 | 908973 |
| &nbsp;&nbsp;&nbsp;5.30%, 04/01/50 (Call 10/01/49) | 1227 | 1343001 |
| &nbsp;&nbsp;&nbsp;6.20%, 01/15/38 | 1545 | 1795985 |
| Walmart Inc. |  |  |
| &nbsp;&nbsp;&nbsp;1.05%, 09/17/26 (Call 08/17/26) | 1450 | 1299736 |
| &nbsp;&nbsp;&nbsp;1.50%, 09/22/28 (Call 07/22/28) | 420 | 369188 |
| &nbsp;&nbsp;&nbsp;1.80%, 09/22/31 (Call 06/22/31) | 1455 | 1223146 |
| &nbsp;&nbsp;&nbsp;3.95%, 09/09/27 (Call 08/09/27) | 700 | 699937 |
| Watco Cos. LLC/Watco Finance Corp., 6.50%, 06/15/27 (Call 06/15/23)<sup>(b)</sup> | 465 | 439155 |
| Western Global Airlines LLC, 10.38%, 08/15/25 (Call 08/15/23)<sup>(b)(c)</sup> | 290 | 202939 |
| XPO CNW Inc., 6.70%, 05/01/34 | 215 | 195545 |
| XPO Escrow Sub LLC, 7.50%, 11/15/27 (Call 11/15/24)<sup>(b)</sup> | 185 | 190121 |
| Yunda Holding Investment Co., 2.25%, 08/19/25<sup>(d)</sup> | 800 | 722264 |
|  |  | 120037561 |
| **Trucking & Leasing — 0.1%** |  |  |
| AerCap Global Aviation Trust, 6.50%, 06/15/45 (Call 06/15/25)<sup>(a)(b)</sup> | 306 | 298893 |
| DAE Funding LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.55%, 08/01/24 (Call 07/01/24)<sup>(d)</sup> | 600 | 566502 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 03/20/25 (Call 02/20/25)<sup>(d)</sup> | 400 | 378052 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/20/28 (Call 01/20/28)<sup>(d)</sup> | 600 | 543756 |
| Fortress Transportation and Infrastructure <br> Investors LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/01/28 (Call 05/01/24)<sup>(b)</sup> | 745 | 656367 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/01/25 (Call 10/01/23)<sup>(b)</sup> | 556 | 537952 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.75%, 08/01/27 (Call 08/01/23)<sup>(b)</sup> | 280 | 288184 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Trucking & Leasing (continued)** |  |  |
| GATX Corp. |  |  |
| &nbsp;&nbsp;&nbsp;1.90%, 06/01/31 (Call 03/01/31) | $176 | $136778 |
| &nbsp;&nbsp;&nbsp;3.10%, 06/01/51 (Call 12/01/50) | 225 | 148284 |
| &nbsp;&nbsp;&nbsp;3.25%, 03/30/25 (Call 12/30/24) | 120 | 115333 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/15/26 (Call 06/15/26) | 1059 | 1000829 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/28 (Call 12/15/27) | 85 | 78911 |
| &nbsp;&nbsp;&nbsp;3.85%, 03/30/27 (Call 12/30/26) | 223 | 212958 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/30/30 (Call 03/30/30) | 600 | 556140 |
| &nbsp;&nbsp;&nbsp;4.35%, 02/15/24 (Call 01/15/24) | 459 | 454603 |
| &nbsp;&nbsp;&nbsp;4.55%, 11/07/28 (Call 08/07/28) | 725 | 705041 |
| &nbsp;&nbsp;&nbsp;4.70%, 04/01/29 (Call 01/01/29) | 160 | 157646 |
| &nbsp;&nbsp;&nbsp;4.90%, 03/15/33 (Call 12/15/32) | 355 | 349104 |
| &nbsp;&nbsp;&nbsp;5.20%, 03/15/44 (Call 09/15/43) | 400 | 374316 |
| NAC Aviation 29 DAC, 4.75%, 06/30/26 (Call 06/01/23) | 500 | 438680 |
| Penske Truck Leasing Co. LP/PTL Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.20%, 11/15/25 (Call 10/15/25)<sup>(b)</sup> | 843 | 754696 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 06/15/26 (Call 05/15/26)<sup>(b)</sup> | 910 | 809836 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 11/01/24 (Call 10/01/24)<sup>(b)</sup> | 505 | 481462 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.35%, 11/01/29 (Call 08/01/29)<sup>(b)</sup> | 116 | 102014 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 11/15/26 (Call 08/15/26)<sup>(b)</sup> | 352 | 329074 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 07/01/24 (Call 06/01/24)<sup>(b)</sup> | 760 | 738386 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 02/01/24 (Call 01/01/24)<sup>(b)</sup> | 892 | 877139 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 03/10/25 (Call 01/10/25)<sup>(b)</sup> | 945 | 918190 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/15/25 (Call 06/15/25)<sup>(b)</sup> | 40 | 38638 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 04/01/27 (Call 01/01/27)<sup>(b)</sup> | 225 | 216072 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 07/01/27 (Call 06/01/27)<sup>(b)</sup> | 635 | 619322 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 01/29/26 (Call 11/29/25)<sup>(b)</sup> | 478 | 466174 |
| &nbsp;&nbsp;&nbsp;5.70%, 02/01/28 | 850 | 871947 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 11/15/27 (Call 10/15/27)<sup>(b)</sup> | 230 | 238156 |
| SMBC Aviation Capital Finance DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.90%, 10/15/26 (Call 09/15/26)<sup>(b)</sup> | 1030 | 892691 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 06/15/28 (Call 04/15/28)<sup>(b)</sup> | 200 | 167904 |
|  |  | 16520030 |
| **Venture Capital — 0.0%** |  |  |
| Hercules Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.63%, 09/16/26 (Call 08/16/26) | 30 | 26146 |
| &nbsp;&nbsp;&nbsp;3.38%, 01/20/27 (Call 12/20/26) | 30 | 26515 |
|  |  | 52661 |
| **Water — 0.1%** |  |  |
| Aegea Finance Sarl, 6.75%, 05/20/29 (Call 05/20/25)<sup>(d)</sup> | 400 | 397752 |
| American Water Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 06/01/31 (Call 03/01/31) | 415 | 354800 |
| &nbsp;&nbsp;&nbsp;2.80%, 05/01/30 (Call 02/01/30) | 596 | 534296 |
| &nbsp;&nbsp;&nbsp;2.95%, 09/01/27 (Call 06/01/27) | 578 | 543898 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/01/51 (Call 12/01/50) | 600 | 455202 |
| &nbsp;&nbsp;&nbsp;3.40%, 03/01/25 (Call 12/01/24) | 870 | 849738 |
| &nbsp;&nbsp;&nbsp;3.45%, 06/01/29 (Call 03/01/29) | 1077 | 1007792 |
| &nbsp;&nbsp;&nbsp;3.45%, 05/01/50 (Call 11/01/49) | 315 | 247836 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/01/28 (Call 06/01/28) | 652 | 630047 |
| &nbsp;&nbsp;&nbsp;3.75%, 09/01/47 (Call 03/01/47) | 442 | 368858 |
| &nbsp;&nbsp;&nbsp;3.85%, 03/01/24 (Call 12/01/23) | 135 | 133411 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/01/46 (Call 06/01/46) | 255 | 215682 |
| &nbsp;&nbsp;&nbsp;4.15%, 06/01/49 (Call 12/01/48) | 545 | 482167 |
| &nbsp;&nbsp;&nbsp;4.20%, 09/01/48 (Call 03/01/48) | 240 | 214126 |
| &nbsp;&nbsp;&nbsp;4.30%, 12/01/42 (Call 06/01/42) | 326 | 301455 |
| &nbsp;&nbsp;&nbsp;4.30%, 09/01/45 (Call 03/01/45) | 287 | 262527 |
| &nbsp;&nbsp;&nbsp;4.45%, 06/01/32 (Call 03/01/32) | 435 | 433486 |
| &nbsp;&nbsp;&nbsp;6.59%, 10/15/37 | 468 | 539754 |
| Aquarion Co., 4.00%, 08/15/24 (Call 05/15/24)<sup>(b)</sup> | 736 | 725968 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par* <br> *(000)*  | *Value* |
| **Water (continued)** |  |  |
| Essential Utilities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 05/01/31 (Call 02/01/31) | $838 | $697249 |
| &nbsp;&nbsp;&nbsp;2.70%, 04/15/30 (Call 01/15/30) | 931 | 808210 |
| &nbsp;&nbsp;&nbsp;3.35%, 04/15/50 (Call 10/15/49) | 288 | 213250 |
| &nbsp;&nbsp;&nbsp;3.57%, 05/01/29 (Call 02/01/29) | 835 | 777443 |
| &nbsp;&nbsp;&nbsp;4.28%, 05/01/49 (Call 11/01/48) | 375 | 324229 |
| &nbsp;&nbsp;&nbsp;5.30%, 05/01/52 (Call 11/01/51) | 295 | 295015 |
| Manila Water Co. Inc., 4.38%, 07/30/30 (Call 07/30/25)<sup>(d)</sup> | 400 | 355136 |
| Solaris Midstream Holdings LLC, 7.63%, 04/01/26 (Call 04/01/23)<sup>(b)</sup> | 270 | 270135 |
| United Utilities PLC, 6.88%, 08/15/28 | 290 | 313087 |
|  |  | 12752549 |
| **Total Corporate Bonds & Notes — 33.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $7,625,334,060)** |  | 6875646596 |
| **Foreign Government Obligations<sup>(l)</sup>** |  |  |
| **Angola — 0.0%** |  |  |
| Angolan Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/26/29<sup>(d)</sup> | 1200 | 1115916 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 05/09/28<sup>(d)</sup> | 1400 | 1328194 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 04/14/32<sup>(d)</sup> | 1200 | 1112328 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.13%, 11/26/49<sup>(d)</sup> | 800 | 703152 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.38%, 05/08/48<sup>(d)</sup> | 1200 | 1071264 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.50%, 11/12/25<sup>(d)</sup> | 600 | 626142 |
|  |  | 5956996 |
| **Argentina — 0.1%** |  |  |
| Argentina Bonar Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.50%, 07/09/30<sup>(g)</sup> | 7656 | 2354469 |
| &nbsp;&nbsp;&nbsp;1.00%, 07/09/29 | 1293 | 369637 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 07/09/35<sup>(g)</sup> | 8740 | 2604899 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/09/41<sup>(g)</sup> | 730 | 219132 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/09/38<sup>(g)</sup> | 2556 | 838602 |
| Argentine Republic Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.50%, 07/09/30 (Call 03/03/23)<sup>(g)</sup> | 13760 | 4926355 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 07/09/29 (Call 03/03/23)<sup>(c)</sup> | 2550 | 869338 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 07/09/35 (Call 03/03/23)<sup>(c)(g)</sup> | 14251 | 4379077 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 07/09/46 (Call 03/03/23)<sup>(g)</sup> | 4925 | 1531527 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/09/41 (Call 03/03/23)<sup>(c)(g)</sup> | 9450 | 3219331 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/09/38 (Call 03/03/23)<sup>(g)</sup> | 10149 | 3731939 |
| Ciudad Autonoma De Buenos Aires/Government Bonds, 7.50%, 06/01/27<sup>(d)</sup> | 450 | 421501 |
| Provincia de Buenos Aires/Government Bonds, 5.25%, 09/01/37<sup>(d)(g)</sup> | 3075 | 1223665 |
| Provincia de Cordoba |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 12/10/25<sup>(d)(g)</sup> | 450 | 387491 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.99%, 06/01/27<sup>(d)(g)</sup> | 302 | 229513 |
| Provincia de Entre Rios Argentina, 5.75%, 08/08/28<sup>(d)(g)</sup> | 300 | 224499 |
| Provincia de Mendoza Argentina, 4.25%, 03/19/29<sup>(d)(g)</sup> | 300 | 238665 |
| Provincia del Chubut Argentina, 7.75%, 07/26/30<sup>(d)(g)</sup> | 339 | 298353 |
|  |  | 28067993 |
| **Azerbaijan — 0.0%** |  |  |
| Republic of Azerbaijan International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/32<sup>(d)</sup> | 800 | 695256 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/18/24<sup>(d)</sup> | 400 | 397176 |
| State Oil Co. of the Azerbaijan Republic, 6.95%, 03/18/30<sup>(d)</sup> | 222 | 232290 |
|  |  | 1324722 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Bahrain — 0.1%** |  |  |
| Bahrain Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/25/28<sup>(d)</sup> | $800 | $748160 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/25/33<sup>(d)</sup> | 800 | 708936 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 09/16/32<sup>(d)</sup> | 400 | 364064 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 09/30/31<sup>(d)</sup> | 600 | 559800 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/18/34<sup>(d)</sup> | 800 | 710128 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.96%, 01/05/26<sup>(d)</sup> | 200 | 202204 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 09/19/44<sup>(d)</sup> | 1000 | 808850 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/25/51<sup>(d)</sup> | 600 | 495120 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 09/20/29<sup>(d)</sup> | 800 | 808656 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 01/26/26<sup>(d)</sup> | 800 | 831712 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 10/12/28<sup>(d)</sup> | 600 | 620556 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 05/14/30<sup>(d)</sup> | 700 | 728931 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 09/20/47<sup>(d)</sup> | 400 | 373156 |
| CBB International Sukuk Co. 5 SPC, 5.62%, 02/12/24<sup>(d)</sup> | 400 | 400532 |
| CBB International Sukuk Co. 6 SPC, 5.25%, 03/20/25<sup>(d)</sup> | 800 | 800328 |
| CBB International Sukuk Co. 7 SPC, 6.88%, 10/05/25<sup>(d)</sup> | 800 | 835920 |
| CBB International Sukuk Programme Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/18/29<sup>(d)</sup> | 1000 | 905140 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 09/16/27<sup>(d)</sup> | 600 | 583458 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/30/27<sup>(d)</sup> | 600 | 592326 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 11/14/24<sup>(d)</sup> | 800 | 810160 |
|  |  | 12888137 |
| **Belarus — 0.0%** |  |  |
| Republic of Belarus International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/24/26<sup>(d)</sup> | 400 | 169000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.20%, 02/28/30<sup>(d)</sup> | 600 | 199500 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 06/29/27<sup>(d)</sup> | 200 | 82500 |
| Republic of Belarus Ministry of Finance, 6.38%, 02/24/31<sup>(d)</sup> | 600 | 199500 |
|  |  | 650500 |
| **Bermuda — 0.0%** |  |  |
| Bermuda Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 08/20/30 (Call 05/20/30)<sup>(d)</sup> | 590 | 505807 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 08/20/50 (Call 02/20/50)<sup>(d)</sup> | 740 | 538461 |
|  |  | 1044268 |
| **Bolivia — 0.0%** |  |  |
| Bolivian Government International Bond, 4.50%, 03/20/28<sup>(d)</sup> | 1400 | 1067276 |
| **Brazil — 0.1%** |  |  |
| Brazilian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 06/06/25 | 1400 | 1333192 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 09/12/31<sup>(c)</sup> | 800 | 688992 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/12/30<sup>(c)</sup> | 2400 | 2131152 |
| &nbsp;&nbsp;&nbsp;4.25%, 01/07/25 | 1650 | 1630976 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/30/29 (Call 02/28/29)<sup>(c)</sup> | 1400 | 1329902 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/13/28 (Call 10/13/27)<sup>(c)</sup> | 2050 | 1994773 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/14/50 (Call 07/14/49) | 3300 | 2433651 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/27/45 | 2700 | 2122470 |
| &nbsp;&nbsp;&nbsp;5.63%, 01/07/41 | 1100 | 973324 |
| &nbsp;&nbsp;&nbsp;5.63%, 02/21/47 | 1600 | 1338640 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/07/26<sup>(c)</sup> | 2275 | 2368616 |
| &nbsp;&nbsp;&nbsp;7.13%, 01/20/37 | 891 | 965122 |
| &nbsp;&nbsp;&nbsp;8.25%, 01/20/34 | 1240 | 1439169 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 02/04/25<sup>(c)</sup> | 300 | 322011 |
| &nbsp;&nbsp;&nbsp;8.88%, 04/15/24 | 600 | 625068 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Brazil (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;10.13%, 05/15/27<sup>(c)</sup> | $1170 | $1376575 |
|  |  | 23073633 |
| **Canada — 0.3%** |  |  |
| Canada Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 05/19/26 | 590 | 533460 |
| &nbsp;&nbsp;&nbsp;1.63%, 01/22/25 | 4918 | 4679329 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/28/25 | 500 | 486280 |
| CDP Financial Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 06/10/25<sup>(b)</sup> | 325 | 299488 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 05/26/26<sup>(b)</sup> | 600 | 541374 |
| CPPIB Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 09/09/26<sup>(b)(c)</sup> | 200 | 178686 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 03/04/25<sup>(b)</sup> | 120 | 112482 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 01/28/31<sup>(b)</sup> | 1500 | 1218135 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 11/02/27<sup>(b)</sup> | 250 | 235995 |
| Export Development Canada |  |  |
| &nbsp;&nbsp;&nbsp;2.63%, 02/21/24 | 1695 | 1659490 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/25/27 | 15 | 14507 |
| &nbsp;&nbsp;&nbsp;3.38%, 08/26/25 | 430 | 422974 |
| Hydro-Quebec |  |  |
| &nbsp;&nbsp;&nbsp;Series HH, 8.50%, 12/01/29 | 425 | 531743 |
| &nbsp;&nbsp;&nbsp;Series HK, 9.38%, 04/15/30 | 270 | 356481 |
| &nbsp;&nbsp;&nbsp;Series HQ, 9.50%, 11/15/30 | 8 | 10774 |
| &nbsp;&nbsp;&nbsp;Series IO, 8.05%, 07/07/24 | 210 | 219591 |
| OMERS Finance Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 05/02/24<sup>(b)</sup> | 250 | 243258 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/19/52 (Call 10/19/51)<sup>(b)</sup> | 385 | 323943 |
| Ontario Teachers' Finance Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 09/21/26<sup>(b)</sup> | 25 | 22198 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 04/16/31<sup>(b)</sup> | 250 | 213085 |
| Province of Alberta Canada |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 05/20/25 | 2353 | 2184290 |
| &nbsp;&nbsp;&nbsp;1.30%, 07/22/30 | 3205 | 2650150 |
| &nbsp;&nbsp;&nbsp;1.88%, 11/13/24 | 1455 | 1389496 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.05%, 08/17/26<sup>(b)</sup> | 250 | 233105 |
| &nbsp;&nbsp;&nbsp;3.30%, 03/15/28 | 2135 | 2071697 |
| Province of British Columbia Canada |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.90%, 07/20/26<sup>(c)</sup> | 1590 | 1433242 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.30%, 01/29/31<sup>(c)</sup> | 885 | 729859 |
| &nbsp;&nbsp;&nbsp;2.25%, 06/02/26 | 1405 | 1326798 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/15/26<sup>(c)</sup> | 250 | 265263 |
| &nbsp;&nbsp;&nbsp;7.25%, 09/01/36 | 215 | 284752 |
| &nbsp;&nbsp;&nbsp;Series 10, 1.75%, 09/27/24 | 1130 | 1080144 |
| Province of Manitoba Canada |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 10/25/28 | 5 | 4342 |
| &nbsp;&nbsp;&nbsp;2.13%, 06/22/26 | 1498 | 1405798 |
| &nbsp;&nbsp;&nbsp;3.05%, 05/14/24 | 580 | 568214 |
| &nbsp;&nbsp;&nbsp;Series GX, 2.60%, 04/16/24 | 80 | 78031 |
| Province of New Brunswick Canada, 3.63%, 02/24/28 | 790 | 774334 |
| Province of Ontario Canada |  |  |
| &nbsp;&nbsp;&nbsp;0.63%, 01/21/26 | 855 | 772210 |
| &nbsp;&nbsp;&nbsp;1.05%, 04/14/26 | 205 | 186117 |
| &nbsp;&nbsp;&nbsp;1.05%, 05/21/27 | 275 | 243218 |
| &nbsp;&nbsp;&nbsp;1.13%, 10/07/30 | 2985 | 2429909 |
| &nbsp;&nbsp;&nbsp;1.60%, 02/25/31 | 1360 | 1141339 |
| &nbsp;&nbsp;&nbsp;1.80%, 10/14/31 | 485 | 409015 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/02/29 | 2143 | 1897777 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 01/21/32<sup>(c)</sup> | 60 | 51914 |
| &nbsp;&nbsp;&nbsp;2.30%, 06/15/26 | 696 | 656530 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/27/26 | 2197 | 2083635 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Canada (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.10%, 05/19/27 | $125 | $120669 |
| &nbsp;&nbsp;&nbsp;3.20%, 05/16/24 | 3413 | 3349518 |
| Province of Quebec Canada |  |  |
| &nbsp;&nbsp;&nbsp;0.60%, 07/23/25 | 3735 | 3424696 |
| &nbsp;&nbsp;&nbsp;1.35%, 05/28/30 | 1555 | 1301924 |
| &nbsp;&nbsp;&nbsp;1.90%, 04/21/31 | 155 | 133143 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/20/26<sup>(c)</sup> | 2407 | 2295508 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 04/12/27<sup>(c)</sup> | 4082 | 3888881 |
| &nbsp;&nbsp;&nbsp;Series NN, 7.13%, 02/09/24 | 187 | 191174 |
| &nbsp;&nbsp;&nbsp;Series PD, 7.50%, 09/15/29 | 698 | 836337 |
| &nbsp;&nbsp;&nbsp;Series QO, 2.88%, 10/16/24 | 2772 | 2697128 |
| &nbsp;&nbsp;&nbsp;Series QW, 2.50%, 04/09/24 | 730 | 711677 |
| &nbsp;&nbsp;&nbsp;Series QX, 1.50%, 02/11/25 | 2420 | 2287142 |
| Province of Saskatchewan Canada, 3.25%, 06/08/27 | 210 | 203828 |
| PSP Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.50%, 09/15/24<sup>(b)</sup> | 450 | 421358 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 06/29/26<sup>(b)(c)</sup> | 415 | 372604 |
|  |  | 60890039 |
| **Cayman Islands — 0.0%** |  |  |
| KSA Sukuk Ltd., 5.27%, 10/25/28<sup>(d)</sup> | 1800 | 1895112 |
| Maldives Sukuk Issuance Ltd., 9.88%, 04/08/26 | 400 | 338668 |
| Sharjah Sukuk Program Ltd., 3.89%, 04/04/30<sup>(d)</sup> | 600 | 547920 |
|  |  | 2781700 |
| **Chile — 0.1%** |  |  |
| Chile Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;2.45%, 01/31/31 (Call 10/31/30) | 1200 | 1028124 |
| &nbsp;&nbsp;&nbsp;2.55%, 01/27/32 (Call 10/27/31) | 1200 | 1019556 |
| &nbsp;&nbsp;&nbsp;2.55%, 07/27/33 (Call 04/27/33) | 1600 | 1309888 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/31/27 (Call 12/31/26) | 600 | 563256 |
| &nbsp;&nbsp;&nbsp;3.10%, 05/07/41 (Call 11/07/40) | 2070 | 1571233 |
| &nbsp;&nbsp;&nbsp;3.10%, 01/22/61 (Call 07/22/60) | 1404 | 932298 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 03/27/25<sup>(c)</sup> | 200 | 194414 |
| &nbsp;&nbsp;&nbsp;3.13%, 01/21/26 | 800 | 770408 |
| &nbsp;&nbsp;&nbsp;3.24%, 02/06/28 (Call 11/06/27) | 1400 | 1328334 |
| &nbsp;&nbsp;&nbsp;3.25%, 09/21/71 (Call 03/21/71) | 600 | 394764 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/31/34 (Call 10/31/33) | 800 | 711536 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/25/50 (Call 07/25/49) | 1650 | 1250172 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/15/53 (Call 10/15/52) | 1000 | 749720 |
| &nbsp;&nbsp;&nbsp;3.63%, 10/30/42 | 150 | 120750 |
| &nbsp;&nbsp;&nbsp;3.86%, 06/21/47 | 1050 | 857567 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/31/52 (Call 07/31/51) | 800 | 654064 |
| &nbsp;&nbsp;&nbsp;4.34%, 03/07/42 (Call 09/07/41) | 1400 | 1248450 |
|  |  | 14704534 |
| **China — 0.1%** |  |  |
| China Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 10/27/25<sup>(d)</sup> | 1000 | 910350 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 10/27/30<sup>(d)</sup> | 1000 | 845190 |
| China Development Bank/Hong Kong, 0.63%, 09/09/24<sup>(d)</sup> | 400 | 376024 |
| China Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.55%, 10/21/25<sup>(d)</sup> | 1800 | 1629756 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.20%, 10/21/30<sup>(d)</sup> | 1400 | 1179822 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 10/26/26<sup>(d)</sup> | 1200 | 1090296 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 10/26/31<sup>(d)</sup> | 1000 | 865280 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.95%, 12/03/24<sup>(d)</sup> | 1400 | 1344042 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 12/03/29<sup>(d)</sup> | 1600 | 1459232 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 10/21/50<sup>(d)</sup> | 400 | 271588 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/26/51<sup>(d)</sup> | 400 | 286608 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 11/02/27<sup>(d)</sup> | 800 | 761584 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 12/03/39<sup>(d)</sup> | 2100 | 1731030 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **China (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 10/19/28<sup>(d)</sup> | $400 | $395164 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/19/48<sup>(d)</sup> | 400 | 386128 |
| Export-Import Bank of China (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 04/26/26<sup>(d)</sup> | 1200 | 1148064 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/28/27<sup>(d)</sup> | 200 | 193326 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/14/27<sup>(d)</sup> | 800 | 780632 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 07/31/24<sup>(d)</sup> | 1000 | 985710 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/28/47<sup>(d)</sup> | 600 | 533712 |
|  |  | 17173538 |
| **Colombia — 0.1%** |  |  |
| Colombia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/30/30 (Call 10/30/29)<sup>(c)</sup> | 1225 | 958452 |
| &nbsp;&nbsp;&nbsp;3.13%, 04/15/31 (Call 01/15/31) | 2250 | 1704218 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/22/32 (Call 01/22/32)<sup>(c)</sup> | 1200 | 887700 |
| &nbsp;&nbsp;&nbsp;3.88%, 04/25/27 (Call 01/25/27) | 1262 | 1146552 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/15/61 (Call 08/15/60) | 1025 | 594234 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/26/24 (Call 11/26/23) | 403 | 397551 |
| &nbsp;&nbsp;&nbsp;4.13%, 02/22/42 (Call 08/22/41) | 800 | 519088 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 05/15/51 (Call 11/15/50)<sup>(c)</sup> | 1000 | 622240 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/28/26 (Call 10/28/25) | 1000 | 956470 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/29 (Call 12/15/28) | 1800 | 1595502 |
| &nbsp;&nbsp;&nbsp;5.00%, 06/15/45 (Call 12/15/44) | 3400 | 2393702 |
| &nbsp;&nbsp;&nbsp;5.20%, 05/15/49 (Call 11/15/48) | 2000 | 1416780 |
| &nbsp;&nbsp;&nbsp;5.63%, 02/26/44 (Call 08/26/43) | 1625 | 1241841 |
| &nbsp;&nbsp;&nbsp;6.13%, 01/18/41 | 1625 | 1345728 |
| &nbsp;&nbsp;&nbsp;7.38%, 09/18/37 | 1100 | 1072896 |
| &nbsp;&nbsp;&nbsp;7.50%, 02/02/34 | 1202 | 1194115 |
| &nbsp;&nbsp;&nbsp;8.00%, 04/20/33 (Call 01/20/33) | 1159 | 1196528 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 05/21/24<sup>(c)</sup> | 250 | 258505 |
|  |  | 19502102 |
| **Costa Rica — 0.0%** |  |  |
| Costa Rica Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/30/25<sup>(d)</sup> | 400 | 387380 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 04/30/43<sup>(d)</sup> | 600 | 506256 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 02/19/31<sup>(c)(d)</sup> | 800 | 788304 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 04/04/44<sup>(d)</sup> | 800 | 778160 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.16%, 03/12/45<sup>(d)</sup> | 800 | 787360 |
|  |  | 3247460 |
| **Denmark — 0.0%** |  |  |
| Kommunekredit, 0.63%, 06/10/25<sup>(d)</sup> | 200 | 183856 |
| **Dominican Republic — 0.1%** |  |  |
| Dominican Republic International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/30/30<sup>(d)</sup> | 2400 | 2100528 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/23/32<sup>(d)</sup> | 2500 | 2142525 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.30%, 01/21/41<sup>(d)</sup> | 1200 | 968184 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/27/25<sup>(d)</sup> | 900 | 898173 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/22/29 (Call 12/22/28)<sup>(d)</sup> | 200 | 188832 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 01/30/60<sup>(d)</sup> | 2250 | 1744920 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 01/25/27<sup>(d)</sup> | 1100 | 1101683 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 07/19/28<sup>(d)</sup> | 1000 | 984700 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/22/33 (Call 11/22/32)<sup>(d)</sup> | 1150 | 1067740 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.40%, 06/05/49<sup>(d)</sup> | 950 | 815394 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/15/48<sup>(c)(d)</sup> | 650 | 567145 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.85%, 01/27/45<sup>(d)</sup> | 1300 | 1197846 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 01/29/26<sup>(d)</sup> | 1300 | 1343979 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.45%, 04/30/44<sup>(d)</sup> | 900 | 883035 |
|  |  | 16004684 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Ecuador — 0.0%** |  |  |
| Ecuador Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 07/31/30<sup>(d)(e)</sup> | $694 | $298302 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 07/31/40<sup>(d)(g)</sup> | 2135 | 903617 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 07/31/35<sup>(d)(g)</sup> | 6104 | 2984981 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/31/30<sup>(d)(g)</sup> | 2646 | 1767275 |
|  |  | 5954175 |
| **Egypt — 0.1%** |  |  |
| Egypt Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/16/26<sup>(d)</sup> | 1000 | 831030 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 10/06/25<sup>(d)</sup> | 400 | 359440 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/29/24<sup>(d)</sup> | 600 | 565776 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.80%, 09/30/27<sup>(d)</sup> | 800 | 665216 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/11/25<sup>(d)</sup> | 1010 | 930463 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/16/31<sup>(d)</sup> | 1200 | 856992 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.20%, 03/01/24<sup>(d)</sup> | 600 | 574728 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.59%, 02/21/28<sup>(d)</sup> | 800 | 662880 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 04/30/40<sup>(d)</sup> | 400 | 270320 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.05%, 01/15/32<sup>(d)</sup> | 600 | 451506 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.30%, 09/30/33<sup>(d)</sup> | 800 | 588008 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/31/27<sup>(d)</sup> | 1200 | 1084224 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 02/16/61<sup>(d)</sup> | 1000 | 653210 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.60%, 03/01/29<sup>(d)</sup> | 1203 | 997046 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 05/29/32<sup>(d)</sup> | 1200 | 918432 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.90%, 02/21/48<sup>(d)</sup> | 800 | 533944 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.15%, 11/20/59<sup>(d)</sup> | 400 | 272600 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 01/31/47<sup>(d)</sup> | 1800 | 1275570 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.70%, 03/01/49<sup>(d)</sup> | 1200 | 850968 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 09/30/51<sup>(d)</sup> | 600 | 426660 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.88%, 05/29/50<sup>(d)</sup> | 1400 | 1004990 |
|  |  | 14774003 |
| **El Salvador — 0.0%** |  |  |
| El Salvador Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 01/18/27<sup>(d)</sup> | 480 | 265733 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.12%, 01/20/50 (Call 07/20/49)<sup>(d)</sup> | 698 | 325778 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 02/01/41<sup>(c)(d)</sup> | 450 | 214043 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.65%, 06/15/35<sup>(d)</sup> | 938 | 457237 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 04/10/32<sup>(d)</sup> | 350 | 180698 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.63%, 02/28/29<sup>(d)</sup> | 373 | 200916 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.50%, 07/15/52 (Call 01/15/52)<sup>(d)</sup> | 750 | 394725 |
|  |  | 2039130 |
| **Finland — 0.0%** |  |  |
| Finland Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 05/20/30<sup>(b)</sup> | 450 | 368213 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.95%, 02/15/26<sup>(c)</sup> | 935 | 1003292 |
| Finnvera OYJ, 1.63%, 10/23/24<sup>(b)</sup> | 114 | 108555 |
|  |  | 1480060 |
| **France — 0.0%** |  |  |
| Caisse d'Amortissement de la Dette Sociale |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.38%, 09/23/25<sup>(b)</sup> | 420 | 380734 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 01/20/31<sup>(b)</sup> | 250 | 208163 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 01/26/32<sup>(b)</sup> | 200 | 173748 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/20/24<sup>(b)</sup> | 2175 | 2141853 |
|  |  | 2904498 |
| **Gabon — 0.0%** |  |  |
| Gabon Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 02/06/31<sup>(d)</sup> | 800 | 673496 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.95%, 06/16/25<sup>(d)</sup> | 600 | 581718 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 11/24/31 (Call 11/24/29)<sup>(d)</sup> | 400 | 337032 |
|  |  | 1592246 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)* | *Value* |
| **Georgia — 0.0%** |  |  |
| Georgia Government International Bond, 2.75%, 04/22/26<sup>(d)</sup> | $600 | $553122 |
| **Germany — 0.0%** |  |  |
| FMS Wertmanagement, 0.38%, 05/06/24<sup>(d)</sup> | 200 | 189520 |
| Land Nordrhein Westfalen, 2.25%, 04/16/25<sup>(d)</sup> | 400 | 382432 |
|  |  | 571952 |
| **Ghana — 0.0%** |  |  |
| Ghana Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 04/07/25<sup>(d)(e)(j)(k)</sup> | 400 | 134020 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 02/11/27<sup>(d)(j)(k)</sup> | 800 | 303848 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 05/16/29<sup>(d)(j)(k)</sup> | 800 | 296040 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 04/07/29<sup>(d)(j)(k)</sup> | 825 | 305762 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 03/26/27<sup>(d)(j)(k)</sup> | 600 | 232608 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 02/11/35<sup>(d)(j)(k)</sup> | 600 | 220572 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 01/18/26<sup>(d)(j)(k)</sup> | 800 | 320680 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 03/26/32<sup>(d)(j)(k)</sup> | 800 | 294936 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.63%, 04/07/34<sup>(d)(j)(k)</sup> | 600 | 221190 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.63%, 06/16/49<sup>(d)(j)(k)</sup> | 600 | 215526 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 03/11/61<sup>(d)(j)(k)</sup> | 400 | 144840 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.88%, 05/07/42<sup>(d)(j)(k)</sup> | 400 | 144300 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.95%, 03/26/51<sup>(d)(j)(k)</sup> | 800 | 290808 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.75%, 10/14/30<sup>(d)(j)(k)</sup> | 700 | 488936 |
|  |  | 3614066 |
| **Guatemala — 0.0%** |  |  |
| Guatemala Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 10/07/33 (Call 07/07/33)<sup>(d)</sup> | 800 | 677656 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/05/27<sup>(d)</sup> | 400 | 382968 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/03/26<sup>(d)</sup> | 400 | 388564 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.65%, 10/07/41 (Call 04/07/41)<sup>(d)</sup> | 200 | 167410 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 02/13/28<sup>(d)</sup> | 800 | 778776 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.90%, 06/01/30 (Call 03/01/30)<sup>(d)</sup> | 400 | 382200 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 04/24/32 (Call 01/24/32)<sup>(d)</sup> | 300 | 293898 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 06/01/50 (Call 12/01/49)<sup>(d)</sup> | 1000 | 972610 |
|  |  | 4044082 |
| **Honduras — 0.0%** |  |  |
| Honduras Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 06/24/30 (Call 03/24/30)<sup>(d)</sup> | 150 | 123252 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/19/27<sup>(d)</sup> | 850 | 751825 |
|  |  | 875077 |
| **Hong Kong — 0.1%** |  |  |
| Airport Authority |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 02/04/31 (Call 11/04/30)<sup>(b)</sup> | 1200 | 975420 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 01/12/27 (Call 12/12/26)<sup>(b)(c)</sup> | 1000 | 911870 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.10%, (Call 03/08/26)<sup>(a)(d)(f)</sup> | 800 | 733144 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.40%, (Call 03/08/28)<sup>(a)(d)(f)</sup> | 400 | 356908 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 01/12/32 (Call 10/12/31)<sup>(b)</sup> | 1000 | 861950 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 02/04/51 (Call 08/04/50)<sup>(b)</sup> | 400 | 275332 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 01/12/62 (Call 07/12/61)<sup>(b)</sup> | 200 | 158092 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/12/28 (Call 11/12/27)<sup>(b)</sup> | 400 | 407088 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/12/26 | 200 | 202198 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/12/30 (Call 11/12/29)<sup>(b)</sup> | 400 | 411864 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/12/33 | 600 | 624336 |
| Airport Authority Hong Kong, 3.25%, 01/12/52 (Call 07/12/51)<sup>(b)</sup> | 600 | 464226 |
| Hong Kong Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.63%, 02/02/26<sup>(b)</sup> | 200 | 180280 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 02/02/31<sup>(b)</sup> | 1200 | 992532 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 11/24/31<sup>(d)</sup> | 400 | 336196 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 02/02/51<sup>(b)</sup> | 400 | 271952 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Hong Kong (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 05/28/24<sup>(b)</sup> | $800 | $780520 |
| &nbsp;&nbsp;&nbsp;4.38%, 01/11/26 | 800 | 805352 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/11/28 | 800 | 820744 |
| &nbsp;&nbsp;&nbsp;4.63%, 01/11/33 | 600 | 634866 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/11/53 | 200 | 225208 |
| Hong Kong Sukuk 2017 Ltd., 3.13%, 02/28/27<sup>(d)</sup> | 600 | 580380 |
|  |  | 12010458 |
| **Hungary — 0.1%** |  |  |
| Hungary Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 09/22/31<sup>(d)</sup> | 1600 | 1245200 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 09/21/51<sup>(d)</sup> | 1400 | 890008 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/16/29<sup>(d)</sup> | 1400 | 1383284 |
| &nbsp;&nbsp;&nbsp;5.38%, 03/25/24 | 1166 | 1169894 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/16/34<sup>(d)</sup> | 200 | 197296 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 05/22/28<sup>(b)</sup> | 1000 | 1037500 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 09/22/32<sup>(c)</sup> | 1000 | 1039180 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 09/25/52<sup>(b)</sup> | 800 | 850136 |
| &nbsp;&nbsp;&nbsp;7.63%, 03/29/41 | 1310 | 1484479 |
|  |  | 9296977 |
| **India — 0.0%** |  |  |
| Export-Import Bank of India |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 01/13/31<sup>(d)</sup> | 800 | 649800 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/15/30<sup>(d)</sup> | 1000 | 890550 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 08/05/26<sup>(c)(d)</sup> | 850 | 802086 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 03/12/24<sup>(d)</sup> | 200 | 197274 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/01/28<sup>(d)</sup> | 800 | 759424 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/18/33 | 400 | 406048 |
|  |  | 3705182 |
| **Indonesia — 0.2%** |  |  |
| Indonesia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;1.85%, 03/12/31 | 800 | 659160 |
| &nbsp;&nbsp;&nbsp;2.15%, 07/28/31 (Call 04/28/31) | 800 | 672808 |
| &nbsp;&nbsp;&nbsp;2.85%, 02/14/30 | 1000 | 907500 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.05%, 03/12/51<sup>(c)</sup> | 1200 | 905472 |
| &nbsp;&nbsp;&nbsp;3.20%, 09/23/61 (Call 03/23/61) | 400 | 279112 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/12/71 | 600 | 424068 |
| &nbsp;&nbsp;&nbsp;3.40%, 09/18/29 | 540 | 505046 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/11/28 | 850 | 815116 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/14/50 | 950 | 733856 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/31/32 (Call 12/31/31) | 600 | 556014 |
| &nbsp;&nbsp;&nbsp;3.70%, 10/30/49 | 1200 | 972252 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 07/18/27<sup>(d)</sup> | 600 | 585228 |
| &nbsp;&nbsp;&nbsp;3.85%, 10/15/30 | 1600 | 1530192 |
| &nbsp;&nbsp;&nbsp;4.10%, 04/24/28 | 800 | 789176 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 01/15/25<sup>(d)</sup> | 600 | 595824 |
| &nbsp;&nbsp;&nbsp;4.15%, 09/20/27 (Call 06/20/27) | 900 | 890199 |
| &nbsp;&nbsp;&nbsp;4.20%, 10/15/50 | 1650 | 1427299 |
| &nbsp;&nbsp;&nbsp;4.30%, 03/31/52 (Call 09/30/51) | 200 | 176472 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 01/08/27<sup>(d)</sup> | 1300 | 1294696 |
| &nbsp;&nbsp;&nbsp;4.35%, 01/11/48 | 1450 | 1307987 |
| &nbsp;&nbsp;&nbsp;4.45%, 02/11/24 | 400 | 399168 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/15/70 | 1440 | 1252555 |
| &nbsp;&nbsp;&nbsp;4.55%, 01/11/28 | 400 | 401144 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/15/43<sup>(d)</sup> | 1000 | 948350 |
| &nbsp;&nbsp;&nbsp;4.65%, 09/20/32 (Call 06/20/32) | 1100 | 1101969 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/08/26<sup>(d)</sup> | 1600 | 1613584 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/11/29 | 1200 | 1220688 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/18/47<sup>(d)</sup> | 610 | 585405 |
| &nbsp;&nbsp;&nbsp;4.85%, 01/11/33 | 800 | 807456 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Indonesia (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/15/45<sup>(d)</sup> | $1000 | $995380 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/17/42<sup>(d)</sup> | 1400 | 1424234 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/08/47<sup>(d)</sup> | 600 | 606132 |
| &nbsp;&nbsp;&nbsp;5.35%, 02/11/49 | 700 | 714616 |
| &nbsp;&nbsp;&nbsp;5.45%, 09/20/52 (Call 03/20/52) | 375 | 386921 |
| &nbsp;&nbsp;&nbsp;5.65%, 01/11/53 | 400 | 421924 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 01/08/46<sup>(d)</sup> | 1100 | 1203818 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 02/17/37<sup>(d)</sup> | 600 | 695376 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 01/15/44<sup>(d)</sup> | 600 | 701790 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 01/17/38<sup>(d)</sup> | 1320 | 1645895 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 10/12/35<sup>(d)</sup> | 850 | 1110712 |
| Lembaga Pembiayaan Ekspor Indonesia, 3.88%, 04/06/24<sup>(d)</sup> | 400 | 393748 |
| Perusahaan Penerbit SBSN Indonesia III |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 06/09/26<sup>(d)</sup> | 1200 | 1096260 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 06/23/25<sup>(c)(d)</sup> | 600 | 569466 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.55%, 06/09/31<sup>(d)</sup> | 630 | 545523 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.80%, 06/23/30<sup>(d)</sup> | 800 | 714840 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.55%, 06/09/51<sup>(d)</sup> | 400 | 312988 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 06/23/50<sup>(d)</sup> | 1000 | 816000 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 08/20/24<sup>(d)</sup> | 200 | 197510 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.15%, 03/29/27<sup>(d)</sup> | 1800 | 1784538 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.33%, 05/28/25<sup>(d)</sup> | 1240 | 1235809 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.35%, 09/10/24<sup>(d)</sup> | 1000 | 997500 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 06/06/27<sup>(d)</sup> | 600 | 600480 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 03/01/28<sup>(d)</sup> | 1000 | 999150 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 02/20/29<sup>(d)</sup> | 900 | 896823 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.55%, 03/29/26<sup>(d)</sup> | 1600 | 1607120 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 06/06/32<sup>(d)</sup> | 800 | 803752 |
|  |  | 47836101 |
| **Iraq — 0.0%** |  |  |
| Iraq International Bond, 5.80%, 01/15/28 (Call 03/19/23)<sup>(d)</sup> | 1247 | 1154788 |
| **Israel — 0.1%** |  |  |
| Israel Government AID Bond |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 09/18/23 | 250 | 250628 |
| &nbsp;&nbsp;&nbsp;5.50%, 09/18/33 | 70 | 78469 |
| Israel Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 07/03/30 | 1400 | 1275386 |
| &nbsp;&nbsp;&nbsp;2.88%, 03/16/26 | 600 | 576006 |
| &nbsp;&nbsp;&nbsp;3.25%, 01/17/28 | 600 | 575352 |
| &nbsp;&nbsp;&nbsp;3.88%, 07/03/50 | 1350 | 1151536 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/17/48 | 800 | 714816 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/17/33 | 1400 | 1409674 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/30/43 | 1150 | 1087866 |
| &nbsp;&nbsp;&nbsp;4.50%, April 03, 2120 | 1000 | 868860 |
| State of Israel |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 01/15/30 | 600 | 538404 |
| &nbsp;&nbsp;&nbsp;3.38%, 01/15/50 | 1424 | 1110022 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.80%, 05/13/60<sup>(d)</sup> | 3000 | 2383500 |
|  |  | 12020519 |
| **Italy — 0.1%** |  |  |
| Republic of Italy Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 05/06/24 | 455 | 428310 |
| &nbsp;&nbsp;&nbsp;1.25%, 02/17/26 | 3320 | 2939661 |
| &nbsp;&nbsp;&nbsp;2.38%, 10/17/24 | 1802 | 1711053 |
| &nbsp;&nbsp;&nbsp;2.88%, 10/17/29 | 1401 | 1202730 |
| &nbsp;&nbsp;&nbsp;3.88%, 05/06/51 | 1675 | 1197474 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/17/49 | 1462 | 1105725 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Italy (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.38%, 06/15/33 | $1510 | $1511148 |
|  |  | 10096101 |
| **Ivory Coast — 0.0%** |  |  |
| Ivory Coast Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 06/15/33<sup>(d)</sup> | 800 | 711688 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 03/03/28<sup>(d)</sup> | 600 | 581346 |
|  |  | 1293034 |
| **Jamaica — 0.0%** |  |  |
| Jamaica Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 04/28/28<sup>(c)</sup> | 950 | 1018258 |
| &nbsp;&nbsp;&nbsp;7.88%, 07/28/45 | 1200 | 1402308 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 03/15/39<sup>(c)</sup> | 900 | 1082556 |
|  |  | 3503122 |
| **Japan — 0.1%** |  |  |
| Development Bank of Japan Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 08/28/24<sup>(b)</sup> | 685 | 654257 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 09/19/24<sup>(d)</sup> | 300 | 291366 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/28/27<sup>(b)</sup> | 574 | 552073 |
| Japan Bank for International Cooperation |  |  |
| &nbsp;&nbsp;&nbsp;0.63%, 07/15/25 | 2880 | 2628950 |
| &nbsp;&nbsp;&nbsp;1.25%, 01/21/31 | 1775 | 1432301 |
| &nbsp;&nbsp;&nbsp;1.75%, 10/17/24 | 850 | 808520 |
| &nbsp;&nbsp;&nbsp;1.88%, 07/21/26 | 260 | 239543 |
| &nbsp;&nbsp;&nbsp;1.88%, 04/15/31 | 4810 | 4057187 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 10/17/29<sup>(c)</sup> | 435 | 379733 |
| &nbsp;&nbsp;&nbsp;2.13%, 02/10/25 | 310 | 295449 |
| &nbsp;&nbsp;&nbsp;2.13%, 02/16/29 | 200 | 177872 |
| &nbsp;&nbsp;&nbsp;2.25%, 11/04/26 | 2261 | 2100899 |
| &nbsp;&nbsp;&nbsp;2.38%, 04/20/26 | 475 | 447369 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/23/24 | 1250 | 1214225 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/28/25 | 1565 | 1495577 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/21/26 | 805 | 769789 |
| &nbsp;&nbsp;&nbsp;2.75%, 11/16/27 | 915 | 858243 |
| &nbsp;&nbsp;&nbsp;2.88%, 06/01/27 | 3073 | 2909977 |
| &nbsp;&nbsp;&nbsp;2.88%, 07/21/27 | 705 | 668192 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/29/24 | 550 | 537273 |
| &nbsp;&nbsp;&nbsp;3.25%, 07/20/28 | 265 | 253276 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/31/28 | 704 | 679691 |
| Japan Finance Organization for Municipalities, 2.38%, 02/13/25<sup>(b)</sup> | 199 | 190224 |
| Japan International Cooperation Agency |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 07/22/30<sup>(c)</sup> | 1745 | 1390556 |
| &nbsp;&nbsp;&nbsp;2.13%, 10/20/26 | 450 | 415948 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/27/27 | 1223 | 1148752 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/25/27 | 50 | 47935 |
| &nbsp;&nbsp;&nbsp;3.38%, 06/12/28 | 65 | 62257 |
|  |  | 26707434 |
| **Jordan — 0.0%** |  |  |
| Jordan Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 07/07/25<sup>(d)</sup> | 400 | 388396 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/31/27<sup>(d)</sup> | 680 | 666876 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.85%, 07/07/30<sup>(d)</sup> | 800 | 737648 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 01/29/26<sup>(d)</sup> | 600 | 598830 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 10/10/47<sup>(d)</sup> | 800 | 725816 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 01/15/28<sup>(d)</sup> | 400 | 415128 |
|  |  | 3532694 |
| **Kazakhstan — 0.0%** |  |  |
| Kazakhstan Government International Bond 3.88%, 10/14/24<sup>(d)</sup> | 1000 | 1006560 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Kazakhstan (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 10/14/44<sup>(d)</sup> | $600 | $546792 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 07/21/25<sup>(d)</sup> | 1200 | 1248852 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 07/21/45<sup>(d)</sup> | 1000 | 1063700 |
|  |  | 3865904 |
| **Kenya — 0.0%** |  |  |
| Kenya Government International Bond, 7.00%, 05/22/27<sup>(d)</sup> | 1000 | 902100 |
| Republic of Kenya Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.30%, 01/23/34<sup>(d)</sup> | 800 | 617592 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 06/24/24<sup>(d)</sup> | 1000 | 940750 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 02/28/28<sup>(d)</sup> | 800 | 706424 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 05/22/32<sup>(d)</sup> | 800 | 697496 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 02/28/48<sup>(d)</sup> | 600 | 472644 |
|  |  | 4337006 |
| **Kuwait — 0.0%** |  |  |
| Kuwait International Government Bond, 3.50%, 03/20/27<sup>(d)</sup> | 2700 | 2662794 |
| **Lebanon — 0.0%** |  |  |
| Lebanon Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 04/22/24<sup>(d)(e)(j)(k)</sup> | 400 | 26056 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/04/24<sup>(d)(e)(j)(k)</sup> | 350 | 22810 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 02/26/25<sup>(d)(e)(j)(k)</sup> | 510 | 33109 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 06/12/25<sup>(d)(e)(j)(k)</sup> | 300 | 19503 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/27/26<sup>(d)(j)(k)</sup> | 1550 | 100781 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/23/27<sup>(d)(j)(k)</sup> | 930 | 60348 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/29/27<sup>(d)(j)(k)</sup> | 832 | 54097 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/03/28<sup>(d)(j)(k)</sup> | 50 | 3266 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 05/25/29<sup>(e)(j)(k)</sup> | 595 | 38740 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 02/26/30<sup>(d)(j)(k)</sup> | 950 | 61664 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/23/32<sup>(d)(j)(k)</sup> | 1500 | 97920 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/23/37<sup>(d)(j)(k)</sup> | 315 | 20677 |
|  |  | 538971 |
| **Malaysia — 0.0%** |  |  |
| Export-Import Bank of Malaysia Bhd, 1.83%, 11/26/26 (Call 10/26/26)<sup>(d)</sup> | 200 | 179016 |
| Malaysia Sovereign Sukuk Bhd |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.04%, 04/22/25<sup>(d)</sup> | 800 | 779328 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.24%, 04/22/45<sup>(d)</sup> | 200 | 190666 |
| Malaysia Sukuk Global Bhd |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.18%, 04/27/26<sup>(d)</sup> | 1650 | 1604180 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.08%, 04/27/46<sup>(d)</sup> | 750 | 697815 |
|  |  | 3451005 |
| **Mexico — 0.2%** |  |  |
| Mexico Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;2.66%, 05/24/31 (Call 02/24/31) | 2233 | 1877596 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/16/30 (Call 01/16/30)<sup>(c)</sup> | 1500 | 1355235 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/12/34 (Call 11/12/33) | 2400 | 2029824 |
| &nbsp;&nbsp;&nbsp;3.75%, 01/11/28 | 1200 | 1151676 |
| &nbsp;&nbsp;&nbsp;3.75%, 04/19/71 (Call 10/19/70) | 2000 | 1348720 |
| &nbsp;&nbsp;&nbsp;3.77%, 05/24/61 (Call 11/24/60) | 2300 | 1569129 |
| &nbsp;&nbsp;&nbsp;3.90%, 04/27/25 (Call 03/27/25) | 826 | 819863 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/21/26 | 1400 | 1385986 |
| &nbsp;&nbsp;&nbsp;4.15%, 03/28/27 | 1765 | 1748497 |
| &nbsp;&nbsp;&nbsp;4.28%, 08/14/41 (Call 02/14/41) | 2200 | 1811326 |
| &nbsp;&nbsp;&nbsp;4.35%, 01/15/47 | 1400 | 1116416 |
| &nbsp;&nbsp;&nbsp;4.40%, 02/12/52 (Call 08/12/51) | 2000 | 1571960 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/22/29 | 2050 | 2014002 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/31/50 (Call 07/31/49) | 1655 | 1342834 |
| &nbsp;&nbsp;&nbsp;4.60%, 01/23/46 | 1600 | 1326224 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mexico (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.60%, 02/10/48 | $1300 | $1070498 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/27/32 (Call 01/27/32) | 1835 | 1774977 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/08/44 | 2604 | 2236393 |
| &nbsp;&nbsp;&nbsp;4.88%, 05/19/33 (Call 02/19/33) | 1200 | 1157292 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/27/51 (Call 10/27/50) | 1800 | 1554606 |
| &nbsp;&nbsp;&nbsp;5.40%, 02/09/28 (Call 01/09/28) | 1155 | 1189569 |
| &nbsp;&nbsp;&nbsp;5.55%, 01/21/45 | 1935 | 1834515 |
| &nbsp;&nbsp;&nbsp;5.75%, October 12, 2110 | 1800 | 1623564 |
| &nbsp;&nbsp;&nbsp;6.05%, 01/11/40 | 1880 | 1919085 |
| &nbsp;&nbsp;&nbsp;6.35%, 02/09/35 (Call 11/09/34) | 1855 | 1976874 |
| &nbsp;&nbsp;&nbsp;6.75%, 09/27/34 | 1200 | 1312608 |
| &nbsp;&nbsp;&nbsp;7.50%, 04/08/33 | 680 | 778063 |
| &nbsp;&nbsp;&nbsp;8.30%, 08/15/31 | 675 | 805768 |
|  |  | 41703100 |
| **Mongolia — 0.0%** |  |  |
| Mongolia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/07/27<sup>(d)</sup> | 200 | 174404 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.45%, 07/07/31<sup>(d)</sup> | 600 | 495702 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/07/26<sup>(d)</sup> | 400 | 376316 |
|  |  | 1046422 |
| **Morocco — 0.0%** |  |  |
| Morocco Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 12/15/27<sup>(d)</sup> | 600 | 530934 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/15/32<sup>(d)</sup> | 600 | 480870 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/15/50<sup>(d)</sup> | 1600 | 1100176 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 12/11/42<sup>(d)</sup> | 400 | 346140 |
|  |  | 2458120 |
| **Mozambique — 0.0%** |  |  |
| Mozambique International Bond, 5.00%, 09/15/31<sup>(d)(g)</sup> | 600 | 482418 |
| **Namibia — 0.0%** |  |  |
| Namibia International Bonds, 5.25%, 10/29/25<sup>(d)</sup> | 600 | 568842 |
| **Netherlands — 0.0%** |  |  |
| BNG Bank NV, 0.88%, 05/18/26<sup>(b)</sup> | 500 | 450530 |
| Nederlandse Waterschapsbank NV, 1.00%, 05/28/30<sup>(b)</sup> | 55 | 45134 |
|  |  | 495664 |
| **Nigeria — 0.0%** |  |  |
| Nigeria Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 09/28/28<sup>(d)</sup> | 1000 | 779340 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 11/28/27<sup>(d)</sup> | 1200 | 987156 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.14%, 02/23/30<sup>(d)</sup> | 1100 | 841434 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 09/28/33<sup>(d)</sup> | 1000 | 715470 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 11/21/25<sup>(d)</sup> | 600 | 551736 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 11/28/47<sup>(d)</sup> | 1200 | 783408 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.70%, 02/23/38<sup>(d)</sup> | 800 | 558528 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 02/16/32<sup>(d)</sup> | 1000 | 755930 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 09/28/51<sup>(d)</sup> | 600 | 405372 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.38%, 03/24/29<sup>(d)</sup> | 600 | 501072 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 01/21/31<sup>(d)</sup> | 600 | 489876 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.25%, 01/21/49<sup>(d)</sup> | 800 | 607920 |
|  |  | 7977242 |
| **Norway — 0.0%** |  |  |
| Kommunalbanken AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.50%, 10/21/24<sup>(b)</sup> | 699 | 652537 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 03/12/25<sup>(b)</sup> | 544 | 506437 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 06/14/30<sup>(b)</sup> | 400 | 330180 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 01/20/27<sup>(b)</sup> | 230 | 209427 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 06/19/24<sup>(b)</sup> | 1000 | 965020 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Norway (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 02/11/25<sup>(b)(c)</sup> | $1074 | $1027882 |
|  |  | 3691483 |
| **Oman — 0.1%** |  |  |
| Oman Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/15/26<sup>(d)</sup> | 1000 | 982210 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 02/01/25<sup>(d)</sup> | 1000 | 990620 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 03/08/27<sup>(d)</sup> | 600 | 601434 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/17/28<sup>(d)</sup> | 1800 | 1814022 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 08/01/29<sup>(d)</sup> | 1400 | 1438850 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/25/31<sup>(d)</sup> | 1465 | 1521490 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 03/08/47<sup>(d)</sup> | 1250 | 1200713 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 10/28/27<sup>(d)</sup> | 1800 | 1913148 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 01/17/48<sup>(d)</sup> | 1800 | 1780722 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 01/25/51<sup>(d)</sup> | 800 | 815416 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 10/28/32<sup>(d)</sup> | 800 | 894512 |
| Oman Sovereign Sukuk Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 06/01/24<sup>(d)</sup> | 1400 | 1392034 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/15/30<sup>(d)</sup> | 1200 | 1201452 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.93%, 10/31/25<sup>(d)</sup> | 900 | 925686 |
|  |  | 17472309 |
| **Pakistan — 0.0%** |  |  |
| Pakistan Global Sukuk Programme Co. Ltd. (The), |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.95%, 01/31/29<sup>(d)</sup> | 200 | 122444 |
| Pakistan Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/08/26<sup>(d)</sup> | 800 | 344416 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 12/05/27<sup>(d)</sup> | 1200 | 504972 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 04/08/31<sup>(d)</sup> | 1090 | 453484 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 04/15/24<sup>(d)</sup> | 600 | 342444 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 09/30/25<sup>(d)</sup> | 1000 | 515420 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.88%, 04/08/51<sup>(d)</sup> | 600 | 243330 |
| Pakistan Water & Power Development Authority, 7.50%, 06/04/31<sup>(d)</sup> | 200 | 64900 |
|  |  | 2591410 |
| **Panama — 0.1%** |  |  |
| Banco Latinoamericano de Comercio Exterior SA, 2.38%, 09/14/25 (Call 08/14/25)<sup>(d)</sup> | 400 | 370196 |
| Panama Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;2.25%, 09/29/32 (Call 06/29/32) | 2200 | 1689732 |
| &nbsp;&nbsp;&nbsp;3.16%, 01/23/30 (Call 10/23/29) | 800 | 704680 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 01/19/33 (Call 10/19/32)<sup>(c)</sup> | 600 | 503454 |
| &nbsp;&nbsp;&nbsp;3.75%, 03/16/25 (Call 12/16/24) | 1000 | 973260 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/17/26<sup>(d)</sup> | 650 | 619502 |
| &nbsp;&nbsp;&nbsp;3.87%, 07/23/60 (Call 01/23/60) | 1800 | 1205910 |
| &nbsp;&nbsp;&nbsp;3.88%, 03/17/28 (Call 12/17/27) | 850 | 813926 |
| &nbsp;&nbsp;&nbsp;4.30%, 04/29/53 | 1450 | 1100086 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/47 (Call 11/15/46) | 800 | 641728 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/16/50 (Call 10/16/49) | 1600 | 1257760 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/56 (Call 10/01/55) | 1800 | 1367946 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/19/63 (Call 07/19/62) | 1200 | 894804 |
| &nbsp;&nbsp;&nbsp;6.40%, 02/14/35 (Call 11/14/34) | 1000 | 1059920 |
| &nbsp;&nbsp;&nbsp;6.70%, 01/26/36 | 1300 | 1410500 |
| &nbsp;&nbsp;&nbsp;7.13%, 01/29/26 | 764 | 812659 |
| &nbsp;&nbsp;&nbsp;8.88%, 09/30/27 | 865 | 1008746 |
| &nbsp;&nbsp;&nbsp;9.38%, 04/01/29 | 800 | 969056 |
|  |  | 17403865 |
| **Paraguay — 0.0%** |  |  |
| Paraguay Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.74%, 01/29/33 (Call 10/29/32)<sup>(d)</sup> | 600 | 484368 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 06/28/33 (Call 03/28/33)<sup>(d)</sup> | 200 | 175624 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.70%, 03/27/27<sup>(d)</sup> | 400 | 396784 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Paraguay (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 04/28/31 (Call 01/28/31)<sup>(d)</sup> | $400 | $388760 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/26<sup>(d)</sup> | 600 | 599106 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.40%, 03/30/50 (Call 09/30/49)<sup>(d)</sup> | 800 | 714936 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.60%, 03/13/48<sup>(c)(d)</sup> | 400 | 364016 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.10%, 08/11/44<sup>(d)</sup> | 830 | 824962 |
|  |  | 3948556 |
| **Peru — 0.1%** |  |  |
| Corp. Financiera de Desarrollo SA, 2.40%, 09/28/27 (Call 07/28/27)<sup>(d)</sup> | 600 | 519666 |
| Fondo MIVIVIENDA SA, 4.63%, 04/12/27 (Call 03/12/27)<sup>(d)</sup> | 400 | 389516 |
| Peruvian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;1.86%, 12/01/32 (Call 09/01/32) | 1350 | 1012554 |
| &nbsp;&nbsp;&nbsp;2.39%, 01/23/26 (Call 12/23/25) | 830 | 773261 |
| &nbsp;&nbsp;&nbsp;2.78%, 01/23/31 (Call 10/23/30) | 1700 | 1442076 |
| &nbsp;&nbsp;&nbsp;2.78%, 12/01/60 (Call 06/01/60) | 1575 | 958640 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.84%, 06/20/30<sup>(c)</sup> | 455 | 393525 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/34 (Call 10/15/33) | 1600 | 1304336 |
| &nbsp;&nbsp;&nbsp;3.23%, July 28, 2121 (Call 01/28/21) | 825 | 501097 |
| &nbsp;&nbsp;&nbsp;3.30%, 03/11/41 (Call 09/11/40) | 975 | 734789 |
| &nbsp;&nbsp;&nbsp;3.55%, 03/10/51 (Call 09/10/50) | 1600 | 1187840 |
| &nbsp;&nbsp;&nbsp;3.60%, 01/15/72 (Call 07/15/71) | 700 | 473473 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/25/27<sup>(c)</sup> | 1400 | 1364944 |
| &nbsp;&nbsp;&nbsp;5.63%, 11/18/50 | 1300 | 1323413 |
| &nbsp;&nbsp;&nbsp;6.55%, 03/14/37 | 600 | 651390 |
| &nbsp;&nbsp;&nbsp;7.35%, 07/21/25 | 1000 | 1054000 |
| &nbsp;&nbsp;&nbsp;8.75%, 11/21/33 | 1405 | 1754100 |
|  |  | 15838620 |
| **Philippines — 0.1%** |  |  |
| Bangko Sentral ng Pilipinas Bond, 8.60%, 06/15/27 | 87 | 98271 |
| Philippine Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;1.65%, 06/10/31 | 800 | 641176 |
| &nbsp;&nbsp;&nbsp;1.95%, 01/06/32 | 425 | 347017 |
| &nbsp;&nbsp;&nbsp;2.46%, 05/05/30 | 1200 | 1043052 |
| &nbsp;&nbsp;&nbsp;2.65%, 12/10/45 | 1000 | 699900 |
| &nbsp;&nbsp;&nbsp;2.95%, 05/05/45 | 1750 | 1288577 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/28 | 2100 | 1971480 |
| &nbsp;&nbsp;&nbsp;3.20%, 07/06/46 | 1600 | 1204768 |
| &nbsp;&nbsp;&nbsp;3.56%, 09/29/32 | 400 | 370412 |
| &nbsp;&nbsp;&nbsp;3.70%, 03/01/41 | 1125 | 943988 |
| &nbsp;&nbsp;&nbsp;3.70%, 02/02/42 | 1725 | 1446274 |
| &nbsp;&nbsp;&nbsp;3.75%, 01/14/29 | 1500 | 1444980 |
| &nbsp;&nbsp;&nbsp;3.95%, 01/20/40 | 1200 | 1056024 |
| &nbsp;&nbsp;&nbsp;4.20%, 03/29/47 | 1200 | 1060020 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/13/37 | 800 | 809864 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/30/26 | 1400 | 1443036 |
| &nbsp;&nbsp;&nbsp;5.61%, 04/13/33 | 600 | 644718 |
| &nbsp;&nbsp;&nbsp;6.38%, 01/15/32 | 670 | 754815 |
| &nbsp;&nbsp;&nbsp;6.38%, 10/23/34 | 1210 | 1378456 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 09/25/24<sup>(c)</sup> | 200 | 205246 |
| &nbsp;&nbsp;&nbsp;7.75%, 01/14/31 | 1138 | 1371404 |
| &nbsp;&nbsp;&nbsp;9.50%, 02/02/30 | 1182 | 1523078 |
| &nbsp;&nbsp;&nbsp;10.63%, 03/16/25 | 1000 | 1129160 |
| Philippines Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 07/17/33 | 200 | 204642 |
| &nbsp;&nbsp;&nbsp;5.17%, 10/13/27 | 200 | 206570 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/17/48 | 1000 | 1045600 |
|  |  | 24332528 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Poland — 0.0%** |  |  |
| Republic of Poland Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 04/06/26 | $1300 | $1257490 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/16/27 (Call 08/16/27) | 1000 | 1038840 |
| &nbsp;&nbsp;&nbsp;5.75%, 11/16/32 (Call 08/16/32) | 1100 | 1193489 |
|  |  | 3489819 |
| **Portugal — 0.0%** |  |  |
| Portugal Government International Bond, 5.13%, 10/15/24<sup>(b)</sup> | 300 | 301377 |
| **Qatar — 0.1%** |  |  |
| Qatar Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/02/26<sup>(d)</sup> | 1800 | 1753092 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/14/24<sup>(d)</sup> | 1000 | 984230 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 04/16/25<sup>(d)</sup> | 1800 | 1758348 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/16/30<sup>(d)</sup> | 3200 | 3148480 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/14/29<sup>(d)</sup> | 2550 | 2545869 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 04/16/50<sup>(d)</sup> | 3400 | 3228232 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/23/28<sup>(d)</sup> | 2450 | 2500641 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/02/46<sup>(d)</sup> | 1400 | 1374282 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.82%, 03/14/49<sup>(d)</sup> | 4200 | 4213902 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.10%, 04/23/48<sup>(d)</sup> | 4250 | 4404275 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/20/42<sup>(b)</sup> | 600 | 674910 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.40%, 01/20/40<sup>(b)</sup> | 750 | 899235 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.75%, 06/15/30<sup>(b)(c)</sup> | 378 | 511797 |
|  |  | 27997293 |
| **Romania — 0.1%** |  |  |
| Romania Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 02/17/28<sup>(b)</sup> | 1000 | 1039280 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 01/17/33<sup>(c)</sup> | 1000 | 1060760 |
| &nbsp;&nbsp;&nbsp;7.63%, 01/17/53 | 800 | 868752 |
| Romanian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/27/27<sup>(d)</sup> | 900 | 817110 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/14/31<sup>(d)</sup> | 1880 | 1551940 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/27/32<sup>(d)</sup> | 800 | 676192 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/14/51<sup>(d)</sup> | 1350 | 952330 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/15/48<sup>(d)</sup> | 750 | 629093 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 11/25/27<sup>(d)</sup> | 200 | 197210 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 05/25/34<sup>(d)</sup> | 500 | 492195 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 01/22/44<sup>(d)</sup> | 600 | 575844 |
|  |  | 8860706 |
| **Rwanda — 0.0%** |  |  |
| Rwanda International Government Bond, 5.50%, 08/09/31<sup>(d)</sup> | 400 | 303772 |
| **Saudi Arabia — 0.3%** |  |  |
| KSA Sukuk Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 05/17/31<sup>(d)</sup> | 600 | 519402 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.97%, 10/29/29<sup>(d)</sup> | 1500 | 1385190 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 04/20/27<sup>(d)</sup> | 3374 | 3293699 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 01/19/29<sup>(d)</sup> | 2200 | 2204708 |
| Saudi Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 02/02/33<sup>(d)</sup> | 2200 | 1806068 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/03/27<sup>(d)</sup> | 900 | 842634 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 02/03/32<sup>(d)</sup> | 800 | 709072 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.90%, 10/22/25<sup>(d)</sup> | 1800 | 1736496 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 10/26/26<sup>(d)</sup> | 3600 | 3473568 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 10/22/30<sup>(d)</sup> | 900 | 835290 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/17/51<sup>(d)</sup> | 800 | 589248 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.45%, 02/02/61<sup>(d)</sup> | 1800 | 1313784 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/04/28<sup>(d)</sup> | 2650 | 2569096 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Saudi Arabia (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/21/55<sup>(d)</sup> | $2400 | $1914456 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/17/25<sup>(d)</sup> | 2850 | 2832415 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/16/29<sup>(d)</sup> | 2800 | 2808764 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/17/30<sup>(d)</sup> | 2300 | 2312075 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/26/46<sup>(d)</sup> | 4600 | 4135400 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/22/60<sup>(d)</sup> | 1200 | 1084344 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 10/04/47<sup>(d)</sup> | 3110 | 2844810 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/18/28 | 2000 | 2032300 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/18/33<sup>(b)</sup> | 1800 | 1840680 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/17/49<sup>(d)</sup> | 2400 | 2310408 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/18/53<sup>(b)</sup> | 2200 | 2111054 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/16/50<sup>(d)</sup> | 2400 | 2395056 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 10/25/32<sup>(d)</sup> | 2600 | 2796300 |
|  |  | 52696317 |
| **Senegal — 0.0%** |  |  |
| Senegal Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 05/23/33<sup>(d)</sup> | 800 | 693680 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 03/13/48<sup>(d)</sup> | 800 | 600632 |
|  |  | 1294312 |
| **Serbia — 0.0%** |  |  |
| Serbia International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 12/01/30<sup>(d)</sup> | 800 | 612264 |
| &nbsp;&nbsp;&nbsp;6.25%, 05/26/28 | 600 | 610632 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/26/33<sup>(b)</sup> | 600 | 605418 |
|  |  | 1828314 |
| **Slovenia — 0.0%** |  |  |
| Slovenia Government International Bond, 5.25%, 02/18/24<sup>(b)</sup> | 400 | 399824 |
| **South Africa — 0.1%** |  |  |
| Republic of South Africa Government |  |  |
| &nbsp;&nbsp;International Bond |  |  |
| &nbsp;&nbsp;&nbsp;4.30%, 10/12/28 | 1400 | 1275274 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 09/27/27<sup>(c)</sup> | 1000 | 963180 |
| &nbsp;&nbsp;&nbsp;4.85%, 09/30/29 | 1400 | 1277640 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/14/26 | 800 | 784632 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/12/46 | 800 | 584200 |
| &nbsp;&nbsp;&nbsp;5.38%, 07/24/44 | 800 | 622568 |
| &nbsp;&nbsp;&nbsp;5.65%, 09/27/47 | 1000 | 767230 |
| &nbsp;&nbsp;&nbsp;5.75%, 09/30/49 | 2000 | 1530880 |
| &nbsp;&nbsp;&nbsp;5.88%, 09/16/25 | 1400 | 1409674 |
| &nbsp;&nbsp;&nbsp;5.88%, 06/22/30 | 1000 | 957830 |
| &nbsp;&nbsp;&nbsp;5.88%, 04/20/32 | 600 | 558180 |
| &nbsp;&nbsp;&nbsp;6.25%, 03/08/41 | 618 | 547041 |
| &nbsp;&nbsp;&nbsp;6.30%, 06/22/48 | 400 | 330428 |
| &nbsp;&nbsp;&nbsp;7.30%, 04/20/52 | 1200 | 1084872 |
|  |  | 12693629 |
| **South Korea — 0.2%** |  |  |
| Export-Import Bank of Korea |  |  |
| &nbsp;&nbsp;&nbsp;0.63%, 06/29/24 | 400 | 377916 |
| &nbsp;&nbsp;&nbsp;0.63%, 02/09/26 | 800 | 711288 |
| &nbsp;&nbsp;&nbsp;0.75%, 09/21/25 | 1000 | 903680 |
| &nbsp;&nbsp;&nbsp;1.13%, 12/29/26 | 200 | 175024 |
| &nbsp;&nbsp;&nbsp;1.25%, 01/18/25 | 1000 | 936520 |
| &nbsp;&nbsp;&nbsp;1.25%, 09/21/30 | 1200 | 954396 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 03/20/25<sup>(d)</sup> | 400 | 373468 |
| &nbsp;&nbsp;&nbsp;1.38%, 02/09/31 | 600 | 476184 |
| &nbsp;&nbsp;&nbsp;1.63%, 01/18/27 | 1000 | 898650 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 10/19/28 (Call 08/19/28)<sup>(d)</sup> | 600 | 517680 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/12/25 | 400 | 378552 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **South Korea (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.13%, 01/18/32 | $400 | $332212 |
| &nbsp;&nbsp;&nbsp;2.38%, 06/25/24 | 1000 | 968550 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 06/29/41<sup>(c)</sup> | 200 | 145440 |
| &nbsp;&nbsp;&nbsp;2.63%, 05/26/26 | 800 | 751656 |
| &nbsp;&nbsp;&nbsp;2.88%, 01/21/25 | 800 | 773248 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/10/25 | 400 | 385320 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/12/26 | 600 | 573654 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/24 | 400 | 395504 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/15/27 | 600 | 594864 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/15/32 | 200 | 201008 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/11/26 | 400 | 403744 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/11/28 | 1000 | 1024790 |
| &nbsp;&nbsp;&nbsp;5.13%, 01/11/33 | 600 | 631038 |
| Incheon International Airport Corp., 1.25%, 05/04/26<sup>(d)</sup> | 200 | 178200 |
| Industrial Bank of Korea |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.63%, 09/17/24<sup>(d)</sup> | 200 | 187182 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.04%, 06/22/25<sup>(d)</sup> | 200 | 182440 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 10/23/24<sup>(d)</sup> | 400 | 382548 |
| Korea Development Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.40%, 06/19/24 | 400 | 377124 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 06/03/25<sup>(d)</sup> | 400 | 370020 |
| &nbsp;&nbsp;&nbsp;1.38%, 04/25/27 | 600 | 529698 |
| &nbsp;&nbsp;&nbsp;1.75%, 02/18/25 | 800 | 754896 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/08/25 | 200 | 196882 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/08/32 | 400 | 390452 |
| Korea Electric Power Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.13%, 09/24/26<sup>(d)</sup> | 400 | 349332 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/14/25<sup>(d)</sup> | 200 | 193826 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/14/27<sup>(d)</sup> | 400 | 386996 |
| &nbsp;&nbsp;&nbsp;5.50%, 04/06/28 | 200 | 205944 |
| Korea Expressway Corp., 1.13%, 05/17/26<sup>(c)(d)</sup> | 800 | 708728 |
| Korea Gas Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.25%, 07/18/26<sup>(d)</sup> | 800 | 733112 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 07/20/27<sup>(c)(d)</sup> | 200 | 187192 |
| Korea Hydro & Nuclear Power Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 04/27/26<sup>(d)</sup> | 200 | 178346 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 07/25/27<sup>(d)</sup> | 200 | 186902 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/15/25<sup>(d)</sup> | 600 | 575892 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/27/27<sup>(d)</sup> | 200 | 195836 |
| Korea International Bond |  |  |
| &nbsp;&nbsp;&nbsp;1.00%, 09/16/30 | 400 | 325224 |
| &nbsp;&nbsp;&nbsp;1.75%, 10/15/31 | 400 | 338540 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/19/24 | 400 | 386424 |
| &nbsp;&nbsp;&nbsp;2.50%, 06/19/29 | 525 | 483588 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/19/27 | 400 | 382016 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/20/28 | 400 | 390184 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/20/48 | 400 | 368876 |
| &nbsp;&nbsp;&nbsp;4.13%, 06/10/44 | 1350 | 1306840 |
| Korea Mine Rehabilitation & Mineral Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 04/15/26<sup>(d)</sup> | 400 | 357552 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/20/27<sup>(d)</sup> | 200 | 192720 |
| Korea National Oil Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.88%, 10/05/25<sup>(c)(d)</sup> | 600 | 538176 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 04/07/26<sup>(d)</sup> | 800 | 714960 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 10/05/30<sup>(d)</sup> | 400 | 319532 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.38%, 04/07/31<sup>(d)</sup> | 400 | 335288 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 10/24/26<sup>(d)</sup> | 200 | 183672 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/27/27<sup>(d)</sup> | 200 | 189470 |
| Korea SMEs and Startups Agency, 2.13%, 08/30/26<sup>(d)</sup> | 400 | 361640 |
| Korea South-East Power Co. Ltd., 1.00%, 02/03/26<sup>(d)</sup> | 400 | 356488 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **South Korea (continued)** |  |  |
| Korea Water Resources Corp, 3.50%, 04/27/25<sup>(d)</sup> | $200 | $193764 |
|  |  | 29060888 |
| **Sri Lanka — 0.0%** |  |  |
| Sri Lanka Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 06/03/25<sup>(d)(j)(k)</sup> | 400 | 141912 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.20%, 05/11/27<sup>(d)(j)(k)</sup> | 1000 | 341870 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.35%, 06/28/24<sup>(d)(j)(k)</sup> | 400 | 136780 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 04/18/28<sup>(d)(j)(k)</sup> | 800 | 272032 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.83%, 07/18/26<sup>(d)(j)(k)</sup> | 800 | 279568 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.85%, 03/14/24<sup>(d)(j)(k)</sup> | 800 | 276320 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.85%, 11/03/25<sup>(d)(j)(k)</sup> | 1000 | 350940 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.55%, 03/28/30<sup>(d)(j)(k)</sup> | 1000 | 341680 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.85%, 03/14/29<sup>(d)(j)(k)</sup> | 824 | 279575 |
|  |  | 2420677 |
| **Supranational — 0.9%** |  |  |
| Africa Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 06/16/25<sup>(d)</sup> | 1000 | 937850 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/30/29<sup>(d)</sup> | 400 | 352252 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/13/24<sup>(d)</sup> | 200 | 194354 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/17/26<sup>(d)</sup> | 665 | 636066 |
| African Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.88%, 03/23/26 | 130 | 117965 |
| &nbsp;&nbsp;&nbsp;0.88%, 07/22/26 | 5128 | 4611354 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/03/27 | 335 | 342970 |
| &nbsp;&nbsp;&nbsp;Series GDIF, 3.38%, 07/07/25 | 240 | 236076 |
| African Export-Import Bank (The), 4.13%, 06/20/24<sup>(d)</sup> | 950 | 927570 |
| Asian Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 06/11/24 | 5238 | 4951639 |
| &nbsp;&nbsp;&nbsp;0.38%, 09/03/25 | 1770 | 1611585 |
| &nbsp;&nbsp;&nbsp;0.50%, 02/04/26 | 1660 | 1497918 |
| &nbsp;&nbsp;&nbsp;0.63%, 10/08/24 | 2545 | 2388991 |
| &nbsp;&nbsp;&nbsp;0.63%, 04/29/25 | 2960 | 2735425 |
| &nbsp;&nbsp;&nbsp;0.75%, 10/08/30 | 2160 | 1740895 |
| &nbsp;&nbsp;&nbsp;1.00%, 04/14/26 | 1695 | 1546230 |
| &nbsp;&nbsp;&nbsp;1.25%, 06/09/28 | 20 | 17584 |
| &nbsp;&nbsp;&nbsp;1.50%, 10/18/24 | 2674 | 2546397 |
| &nbsp;&nbsp;&nbsp;1.50%, 01/20/27 | 645 | 590369 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 03/04/31<sup>(c)</sup> | 725 | 616337 |
| &nbsp;&nbsp;&nbsp;1.75%, 08/14/26 | 665 | 619434 |
| &nbsp;&nbsp;&nbsp;1.75%, 09/19/29 | 1649 | 1459662 |
| &nbsp;&nbsp;&nbsp;1.88%, 01/24/30 | 4046 | 3593172 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/22/25 | 1135 | 1086354 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/24/26 | 647 | 609286 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 03/19/25<sup>(c)</sup> | 10 | 9575 |
| &nbsp;&nbsp;&nbsp;2.38%, 08/10/27 | 150 | 141389 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/02/27 | 1407 | 1329728 |
| &nbsp;&nbsp;&nbsp;2.63%, 01/12/27 | 794 | 759016 |
| &nbsp;&nbsp;&nbsp;2.75%, 01/19/28 | 940 | 898377 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/06/25 | 450 | 437220 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/20/27 | 655 | 637269 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/26/28 | 398 | 385431 |
| &nbsp;&nbsp;&nbsp;3.13%, 04/27/32 | 455 | 435440 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/28/32 | 30 | 30455 |
| &nbsp;&nbsp;&nbsp;4.13%, 09/27/24 | 2365 | 2352111 |
| &nbsp;&nbsp;&nbsp;5.82%, 06/16/28 | 300 | 327873 |
| &nbsp;&nbsp;&nbsp;6.22%, 08/15/27 | 533 | 576626 |
| &nbsp;&nbsp;&nbsp;6.38%, 10/01/28 | 300 | 337167 |
| Asian Infrastructure Investment Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 10/30/24 | 2000 | 1865980 |
| &nbsp;&nbsp;&nbsp;0.50%, 05/28/25 | 2098 | 1920929 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Supranational (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 01/27/26 | $100 | $89696 |
| &nbsp;&nbsp;&nbsp;2.25%, 05/16/24 | 4062 | 3939003 |
| &nbsp;&nbsp;&nbsp;3.38%, 06/29/25 | 265 | 259138 |
| Banque Ouest Africaine de Developpement, 5.00%, 07/27/27<sup>(b)</sup> | 200 | 190774 |
| Central American Bank for Economic Integration, 2.00%, 05/06/25<sup>(b)</sup> | 325 | 305211 |
| Corp. Andina de Fomento, 1.25%, 10/26/24 | 330 | 308761 |
| Council of Europe Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 06/10/24 | 300 | 283683 |
| &nbsp;&nbsp;&nbsp;0.88%, 09/22/26 | 1150 | 1030871 |
| &nbsp;&nbsp;&nbsp;1.38%, 02/27/25 | 70 | 66022 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/16/25 | 520 | 506038 |
| European Bank for Reconstruction & Development |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 05/19/25 | 1721 | 1582442 |
| &nbsp;&nbsp;&nbsp;0.50%, 11/25/25 | 2008 | 1822140 |
| &nbsp;&nbsp;&nbsp;0.50%, 01/28/26 | 140 | 126356 |
| &nbsp;&nbsp;&nbsp;1.63%, 09/27/24 | 3420 | 3266613 |
| European Investment Bank |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/06/26<sup>(e)</sup> | 230 | 197713 |
| &nbsp;&nbsp;&nbsp;0.38%, 12/15/25 | 2080 | 1881838 |
| &nbsp;&nbsp;&nbsp;0.38%, 03/26/26 | 1320 | 1182364 |
| &nbsp;&nbsp;&nbsp;0.63%, 07/25/25 | 3515 | 3235909 |
| &nbsp;&nbsp;&nbsp;0.63%, 10/21/27 | 295 | 256116 |
| &nbsp;&nbsp;&nbsp;0.75%, 10/26/26 | 1288 | 1150854 |
| &nbsp;&nbsp;&nbsp;0.75%, 09/23/30 | 1421 | 1152943 |
| &nbsp;&nbsp;&nbsp;0.88%, 05/17/30 | 820 | 676812 |
| &nbsp;&nbsp;&nbsp;1.25%, 02/14/31 | 2475 | 2085583 |
| &nbsp;&nbsp;&nbsp;1.38%, 03/15/27 | 235 | 213829 |
| &nbsp;&nbsp;&nbsp;1.63%, 03/14/25 | 4383 | 4156136 |
| &nbsp;&nbsp;&nbsp;1.63%, 10/09/29 | 490 | 432695 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 03/15/29<sup>(c)</sup> | 490 | 438447 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/10/25 | 4366 | 4167434 |
| &nbsp;&nbsp;&nbsp;2.13%, 04/13/26 | 2450 | 2319488 |
| &nbsp;&nbsp;&nbsp;2.25%, 06/24/24 | 1625 | 1576607 |
| &nbsp;&nbsp;&nbsp;2.38%, 05/24/27 | 1225 | 1158887 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/15/24 | 660 | 640134 |
| &nbsp;&nbsp;&nbsp;2.63%, 03/15/24 | 4900 | 4790289 |
| &nbsp;&nbsp;&nbsp;2.75%, 08/15/25 | 100 | 97018 |
| &nbsp;&nbsp;&nbsp;4.88%, 02/15/36 | 1365 | 1511123 |
| European Stability Mechanism |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.38%, 09/10/25<sup>(b)</sup> | 385 | 350142 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.38%, 09/11/24<sup>(b)</sup> | 50 | 47591 |
| Inter-American Development Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.50%, 09/23/24 | 1050 | 984690 |
| &nbsp;&nbsp;&nbsp;0.63%, 07/15/25 | 1282 | 1179991 |
| &nbsp;&nbsp;&nbsp;0.63%, 09/16/27 | 755 | 655106 |
| &nbsp;&nbsp;&nbsp;0.88%, 04/03/25 | 885 | 824271 |
| &nbsp;&nbsp;&nbsp;0.88%, 04/20/26 | 1560 | 1416074 |
| &nbsp;&nbsp;&nbsp;1.13%, 07/20/28 | 963 | 839206 |
| &nbsp;&nbsp;&nbsp;1.13%, 01/13/31 | 3520 | 2904000 |
| &nbsp;&nbsp;&nbsp;1.50%, 01/13/27 | 270 | 247139 |
| &nbsp;&nbsp;&nbsp;1.75%, 03/14/25 | 2965 | 2817402 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/02/26 | 1423 | 1334717 |
| &nbsp;&nbsp;&nbsp;2.00%, 07/23/26 | 1697 | 1589885 |
| &nbsp;&nbsp;&nbsp;2.13%, 01/15/25 | 4288 | 4116652 |
| &nbsp;&nbsp;&nbsp;2.25%, 06/18/29 | 2218 | 2032309 |
| &nbsp;&nbsp;&nbsp;2.38%, 07/07/27 | 1210 | 1141756 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/21/24 | 3437 | 3375650 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/18/28 | 2201 | 2128257 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Supranational (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.20%, 08/07/42 | $230 | $202122 |
| &nbsp;&nbsp;&nbsp;3.25%, 07/01/24 | 75 | 73688 |
| &nbsp;&nbsp;&nbsp;3.88%, 10/28/41 | 1095 | 1066267 |
| &nbsp;&nbsp;&nbsp;4.38%, 01/24/44 | 958 | 993092 |
| &nbsp;&nbsp;&nbsp;7.00%, 06/15/25 | 170 | 180105 |
| Inter-American Investment Corp., 1.75%, 10/02/24<sup>(d)</sup> | 615 | 587276 |
| International Bank for Reconstruction & Development |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 07/28/25 | 2515 | 2299666 |
| &nbsp;&nbsp;&nbsp;0.50%, 10/28/25 | 2025 | 1842487 |
| &nbsp;&nbsp;&nbsp;0.63%, 04/22/25 | 9565 | 8845616 |
| &nbsp;&nbsp;&nbsp;0.75%, 03/11/25 | 2115 | 1968409 |
| &nbsp;&nbsp;&nbsp;0.75%, 11/24/27 | 2388 | 2075697 |
| &nbsp;&nbsp;&nbsp;0.75%, 08/26/30 | 3280 | 2646960 |
| &nbsp;&nbsp;&nbsp;0.88%, 07/15/26 | 490 | 442455 |
| &nbsp;&nbsp;&nbsp;0.88%, 05/14/30 | 1948 | 1600944 |
| &nbsp;&nbsp;&nbsp;1.13%, 09/13/28 | 2645 | 2299246 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.25%, 02/10/31<sup>(c)</sup> | 3150 | 2630596 |
| &nbsp;&nbsp;&nbsp;1.38%, 04/20/28 | 875 | 777857 |
| &nbsp;&nbsp;&nbsp;1.50%, 08/28/24 | 3090 | 2952186 |
| &nbsp;&nbsp;&nbsp;1.63%, 01/15/25 | 2236 | 2126570 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 11/03/31<sup>(c)</sup> | 2027 | 1723578 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.75%, 10/23/29<sup>(c)</sup> | 1699 | 1503870 |
| &nbsp;&nbsp;&nbsp;1.88%, 10/27/26 | 1875 | 1745756 |
| &nbsp;&nbsp;&nbsp;2.13%, 03/03/25 | 1030 | 987100 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/19/24 | 3940 | 3845440 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/25/24 | 3151 | 3048876 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/29/25 | 4258 | 4104286 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/22/27 | 2441 | 2308161 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/29/32 | 550 | 501705 |
| &nbsp;&nbsp;&nbsp;3.13%, 11/20/25 | 690 | 673902 |
| &nbsp;&nbsp;&nbsp;3.63%, 09/21/29 | 250 | 249115 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/35 | 1998 | 2163095 |
| International Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 07/16/25 | 5 | 4577 |
| &nbsp;&nbsp;&nbsp;0.75%, 08/27/30 | 1045 | 844412 |
| &nbsp;&nbsp;&nbsp;1.38%, 10/16/24 | 1560 | 1483014 |
| &nbsp;&nbsp;&nbsp;2.13%, 04/07/26 | 2198 | 2075615 |
| ISDB Trust Services No. 2 SARL, 1.26%, 03/31/26<sup>(d)</sup> | 2855 | 2598849 |
| Nordic Investment Bank |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 09/11/25 | 480 | 436502 |
| &nbsp;&nbsp;&nbsp;2.25%, 05/21/24 | 363 | 352208 |
| &nbsp;&nbsp;&nbsp;2.63%, 04/04/25 | 295 | 285421 |
|  |  | 190042847 |
| **Suriname — 0.0%** |  |  |
| Suriname Government International Bond, 9.25%, 10/26/26<sup>(d)(j)(k)</sup> | 200 | 139250 |
| **Sweden — 0.0%** |  |  |
| Svensk Exportkredit AB |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 07/30/24 | 510 | 478895 |
| &nbsp;&nbsp;&nbsp;0.50%, 08/26/25 | 1695 | 1542213 |
| &nbsp;&nbsp;&nbsp;0.63%, 10/07/24 | 285 | 266903 |
| &nbsp;&nbsp;&nbsp;0.63%, 05/14/25 | 2820 | 2591326 |
| &nbsp;&nbsp;&nbsp;2.25%, 03/22/27 | 400 | 373488 |
|  |  | 5252825 |
| **Thailand — 0.0%** |  |  |
| Export Import Bank of Thailand, 1.46%, 10/15/25<sup>(d)</sup> | 400 | 362432 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Trinidad and Tobago — 0.0%** |  |  |
| Trinidad & Tobago Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/04/26<sup>(c)(d)</sup> | $800 | $791840 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/26/30 (Call 03/26/30)<sup>(d)</sup> | 600 | 575802 |
|  |  | 1367642 |
| **Tunisia — 0.0%** |  |  |
| Tunisian Republic, 5.75%, 01/30/25<sup>(d)</sup> | 807 | 525066 |
| **Turkey — 0.3%** |  |  |
| Hazine Mustesarligi Varlik Kiralama AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.49%, 11/25/24<sup>(d)</sup> | 800 | 760856 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/22/26<sup>(d)</sup> | 2800 | 2545732 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 02/24/27<sup>(d)</sup> | 1000 | 972560 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.76%, 11/13/25<sup>(d)</sup> | 2000 | 2071660 |
| Istanbul Metropolitan Municipality, 6.38%, 12/09/25<sup>(d)</sup> | 400 | 359728 |
| Turkey Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 03/13/25 | 1400 | 1298234 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/14/26 | 1000 | 882240 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/26/26<sup>(c)</sup> | 1200 | 1084044 |
| &nbsp;&nbsp;&nbsp;4.88%, 10/09/26 | 2400 | 2124000 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/16/43 | 2050 | 1297732 |
| &nbsp;&nbsp;&nbsp;5.13%, 02/17/28 | 2400 | 2060256 |
| &nbsp;&nbsp;&nbsp;5.25%, 03/13/30 | 2200 | 1768448 |
| &nbsp;&nbsp;&nbsp;5.60%, 11/14/24 | 2000 | 1922320 |
| &nbsp;&nbsp;&nbsp;5.75%, 03/22/24 | 1800 | 1766952 |
| &nbsp;&nbsp;&nbsp;5.75%, 05/11/47 | 2400 | 1609560 |
| &nbsp;&nbsp;&nbsp;5.88%, 06/26/31 | 1600 | 1298896 |
| &nbsp;&nbsp;&nbsp;5.95%, 01/15/31 | 1800 | 1484532 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 03/25/27<sup>(c)</sup> | 2600 | 2363712 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/14/41 | 2150 | 1549333 |
| &nbsp;&nbsp;&nbsp;6.13%, 10/24/28 | 2000 | 1764960 |
| &nbsp;&nbsp;&nbsp;6.35%, 08/10/24 | 1400 | 1375150 |
| &nbsp;&nbsp;&nbsp;6.38%, 10/14/25 | 1800 | 1716012 |
| &nbsp;&nbsp;&nbsp;6.50%, 09/20/33 | 1500 | 1231260 |
| &nbsp;&nbsp;&nbsp;6.63%, 02/17/45 | 2050 | 1543814 |
| &nbsp;&nbsp;&nbsp;6.75%, 05/30/40 | 1200 | 949848 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/17/36 | 1631 | 1344874 |
| &nbsp;&nbsp;&nbsp;7.25%, 03/05/38 | 612 | 543566 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 02/05/25<sup>(c)</sup> | 2420 | 2403931 |
| &nbsp;&nbsp;&nbsp;7.63%, 04/26/29 | 2600 | 2440750 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 02/14/34<sup>(c)</sup> | 580 | 573800 |
| &nbsp;&nbsp;&nbsp;8.60%, 09/24/27 | 400 | 398664 |
| &nbsp;&nbsp;&nbsp;9.38%, 01/19/33 | 2000 | 1966880 |
| &nbsp;&nbsp;&nbsp;9.88%, 01/15/28 | 2200 | 2264438 |
| &nbsp;&nbsp;&nbsp;11.88%, 01/15/30 | 100 | 117558 |
| Turkiye Ihracat Kredi Bankasi AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/06/26<sup>(d)</sup> | 400 | 362116 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 05/03/24<sup>(d)</sup> | 400 | 392356 |
| Turkiye Vakiflar Bankasi TAO, 5.50%, 10/01/26<sup>(d)</sup> | 400 | 355256 |
|  |  | 50966028 |
| **Ukraine — 0.0%** |  |  |
| Ukraine Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 05/21/31<sup>(d)(j)(k)</sup> | 1600 | 314400 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 03/15/35<sup>(d)(j)(k)</sup> | 1409 | 274579 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 09/25/32<sup>(d)(j)(k)</sup> | 1600 | 316000 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 09/01/25<sup>(d)(j)(k)</sup> | 981 | 223975 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 09/01/26<sup>(d)(j)(k)</sup> | 2149 | 464376 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 09/01/27<sup>(d)(j)(k)</sup> | 1100 | 234644 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 09/01/29<sup>(d)(j)(k)</sup> | 1000 | 219875 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.99%, 02/01/26<sup>(d)(j)(k)</sup> | 600 | 135112 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Ukraine (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;9.75%, 11/01/30<sup>(d)(j)(k)</sup> | $1200 | $260475 |
|  |  | 2443436 |
| **United Arab Emirates — 0.2%** |  |  |
| Abu Dhabi Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1.63%, 06/02/28<sup>(d)</sup> | 1200 | 1069080 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.70%, 03/02/31<sup>(d)</sup> | 1000 | 837570 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.88%, 09/15/31<sup>(d)</sup> | 1200 | 1007916 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 09/30/24<sup>(d)</sup> | 1900 | 1825957 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 04/16/25<sup>(d)</sup> | 2200 | 2119194 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 09/30/29<sup>(d)</sup> | 2100 | 1913268 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 09/02/70<sup>(d)</sup> | 1200 | 771504 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 09/15/51<sup>(d)</sup> | 800 | 589880 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 05/03/26<sup>(d)</sup> | 1600 | 1555392 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 10/11/27<sup>(d)</sup> | 3600 | 3475800 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 04/16/30<sup>(d)</sup> | 2000 | 1877440 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 09/30/49<sup>(d)</sup> | 2800 | 2127412 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/16/50<sup>(d)</sup> | 2700 | 2336094 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 10/11/47<sup>(d)</sup> | 2000 | 1810380 |
| Dubai DOF Sukuk Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.76%, 09/09/30<sup>(d)</sup> | 900 | 824517 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/30/29<sup>(d)</sup> | 1200 | 1257432 |
| Emirate of Dubai Government International Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 09/09/50<sup>(d)</sup> | 1000 | 764630 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/30/43<sup>(d)</sup> | 600 | 578826 |
| Finance Department Government of Sharjah |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/10/33<sup>(d)</sup> | 400 | 336684 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/28/50<sup>(d)</sup> | 700 | 464520 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/10/51<sup>(d)</sup> | 400 | 278904 |
| RAK Capital, 3.09%, 03/31/25<sup>(d)</sup> | 600 | 583902 |
| Sharjah Sukuk Ltd., 3.76%, 09/17/24<sup>(d)</sup> | 400 | 391828 |
| Sharjah Sukuk Program Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.94%, 06/10/27<sup>(d)</sup> | 800 | 729304 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 07/13/31<sup>(d)</sup> | 400 | 345060 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.23%, 10/23/29<sup>(d)</sup> | 800 | 717400 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 04/03/26<sup>(d)</sup> | 800 | 767976 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.23%, 03/14/28<sup>(d)</sup> | 600 | 575466 |
| UAE International Government Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 10/19/31<sup>(d)</sup> | 400 | 339188 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/19/41<sup>(d)</sup> | 1000 | 784580 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 10/19/61<sup>(d)</sup> | 1400 | 1062278 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.05%, 07/07/32<sup>(d)</sup> | 1200 | 1192476 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 07/07/52<sup>(d)</sup> | 800 | 809640 |
|  |  | 36121498 |
| **Uruguay — 0.1%** |  |  |
| Uruguay Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 11/20/45 | 555 | 523554 |
| &nbsp;&nbsp;&nbsp;4.38%, 10/27/27 | 1103 | 1116898 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/23/31 (Call 10/23/30)<sup>(c)</sup> | 1922 | 1915965 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/14/24<sup>(c)</sup> | 353 | 353418 |
| &nbsp;&nbsp;&nbsp;4.98%, 04/20/55 | 1930 | 1922453 |
| &nbsp;&nbsp;&nbsp;5.10%, 06/18/50 | 2762 | 2803734 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 10/28/34 (Call 07/28/34)<sup>(c)</sup> | 600 | 664806 |
| &nbsp;&nbsp;&nbsp;7.63%, 03/21/36 | 850 | 1091876 |
| &nbsp;&nbsp;&nbsp;7.88%, 01/15/33 | 474 | 598062 |
|  |  | 10990766 |
| **Uzbekistan — 0.0%** |  |  |
| Republic of Uzbekistan International Bond, 5.38%, 02/20/29<sup>(d)</sup> | 200 | 187828 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Vietnam — 0.0%** |  |  |
| Vietnam Government International Bond, 4.80%, 11/19/24<sup>(d)</sup> | $600 | $593394 |
| **Zambia — 0.0%** |  |  |
| Zambia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 04/14/24<sup>(d)(j)(k)</sup> | 600 | 301020 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.97%, 07/30/27<sup>(d)(j)(k)</sup> | 1000 | 496960 |
|  |  | 797980 |
| **Total Foreign Government Obligations — 4.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $1,091,200,204)** |  | 974124438 |
| **Municipal Debt Obligations** |  |  |
| **Alabama — 0.0%** |  |  |
| Alabama Federal Aid Highway Finance Authority, 2.65%, 09/01/37 (Call 09/01/31) | 520 | 416200 |
| **California — 0.2%** |  |  |
| Bay Area Toll Authority RB, 3.13%, 04/01/55 (Call 04/01/31) | 565 | 412126 |
| Bay Area Toll Authority RB BAB |  |  |
| &nbsp;&nbsp;&nbsp;Series F-2, 6.26%, 04/01/49 | 1140 | 1387948 |
| &nbsp;&nbsp;&nbsp;Series S-1, 7.04%, 04/01/50 | 150 | 199236 |
| &nbsp;&nbsp;&nbsp;Series S-3, 6.91%, 10/01/50 | 775 | 1014771 |
| California Earthquake Authority, 5.60%, 07/01/27 | 200 | 203769 |
| California Health Facilities Financing Authority |  |  |
| &nbsp;&nbsp;&nbsp;4.19%, 06/01/37 (Call 06/01/31) | 55 | 52093 |
| &nbsp;&nbsp;&nbsp;4.35%, 06/01/41 (Call 06/01/31) | 80 | 75522 |
| California State University RB |  |  |
| &nbsp;&nbsp;&nbsp;Class B, 2.72%, 11/01/52 | 1055 | 747529 |
| &nbsp;&nbsp;&nbsp;Class B, 2.98%, 11/01/51 (Call 05/01/51) | 680 | 527767 |
| &nbsp;&nbsp;&nbsp;Series E, 2.90%, 11/01/51 (Call 11/01/30) | 100 | 74889 |
| City of Los Angeles Department of Airports Customer Facility Charge Revenue RB, 4.24%, 05/15/48 (Call 05/15/32) (AGM) | 55 | 49218 |
| City of San Francisco CA Public Utilities Commission Water Revenue RB BAB, 6.95%, 11/01/50 | 50 | 64831 |
| East Bay Municipal Utility District Water System Revenue RB BAB, Series B, 5.87%, 06/01/40 | 500 | 568394 |
| Foothill-Eastern Transportation Corridor Agency RB, Series A, 4.09%, 01/15/49 (Call 01/15/30) | 350 | 290066 |
| Golden State Tobacco Securitization Corp. RB Class B, 3.00%, 06/01/46. | 110 | 102250 |
| &nbsp;&nbsp;&nbsp;3.12%, 06/01/38 (Call 06/01/31) (SAP) | 500 | 410011 |
| &nbsp;&nbsp;&nbsp;Class B, 3.29%, 06/01/42 (Call 06/01/31) | 315 | 250425 |
| &nbsp;&nbsp;&nbsp;3.71%, 06/01/41 (Call 12/01/31) | 385 | 308147 |
| &nbsp;&nbsp;&nbsp;3.85%, 06/01/50 (Call 12/01/31) | 220 | 204932 |
| &nbsp;&nbsp;&nbsp;4.21%, 06/01/50 (Call 12/01/31) | 205 | 162650 |
| Los Angeles Community College District/CA GO, 2.11%, 08/01/32 (Call 08/01/30) | 500 | 410418 |
| Los Angeles Community College District/CA GO BAB, 6.75%, 08/01/49 | 535 | 708159 |
| Los Angeles County Metropolitan Transportation Authority RB BAB, Series A, 5.74%, 06/01/39 | 500 | 542795 |
| Los Angeles Department of Water & Power, RB |  |  |
| &nbsp;&nbsp;&nbsp;Series A, 5.72%, 07/01/39 | 445 | 502062 |
| &nbsp;&nbsp;&nbsp;Series A, 6.60%, 07/01/50 | 355 | 445955 |
| &nbsp;&nbsp;&nbsp;Series D, 6.57%, 07/01/45 | 100 | 124825 |
| Los Angeles Unified School District/CA GO BAB |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 07/01/34 | 1675 | 1824881 |
| &nbsp;&nbsp;&nbsp;5.76%, 07/01/29 | 400 | 421476 |
| &nbsp;&nbsp;&nbsp;Series RY, 6.76%, 07/01/34 | 100 | 116707 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **California (continued)** |  |  |
| Regents of the University of California Medical Center Pooled Revenue RB |  |  |
| &nbsp;&nbsp;&nbsp;Class A, 3.71%, 05/15/20 (Call 11/15/19) | $100 | $69305 |
| &nbsp;&nbsp;&nbsp;4.13%, 05/15/32 (Call 02/15/32) | 105 | 101243 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.56%, 05/15/53<sup>(c)</sup> | 175 | 167861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series N, Class A, 3.26%, 05/15/60 (Call 11/15/59)<sup>(c)</sup> | 540 | 390275 |
| Regents of the University of California Medical Center Pooled Revenue RB BAB |  |  |
| &nbsp;&nbsp;&nbsp;Series H, Class H, 6.55%, 05/15/48 | 225 | 272961 |
| &nbsp;&nbsp;&nbsp;Series F, 6.58%, 05/15/49 | 1260 | 1535108 |
| San Diego County Regional Transportation Commission RB BAB, 5.91%, 04/01/48 | 160 | 179784 |
| San Diego County Water Authority RB BAB, Series B, 6.14%, 05/01/49 | 250 | 294613 |
| San Joaquin Hills Transportation Corridor Agency RB, 3.49%, 01/15/50 (Call 01/15/32) | 250 | 189513 |
| Santa Clara Valley Transportation Authority RB BAB, 5.88%, 04/01/32 | 700 | 737801 |
| State of California GO |  |  |
| &nbsp;&nbsp;&nbsp;1.70%, 02/01/28 | 250 | 221534 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/01/29 | 570 | 510811 |
| &nbsp;&nbsp;&nbsp;3.38%, 04/01/25 | 200 | 196037 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/28 | 315 | 303593 |
| &nbsp;&nbsp;&nbsp;4.60%, 04/01/38 (Call 04/01/28) | 125 | 122693 |
| &nbsp;&nbsp;&nbsp;Series A, 3.05%, 04/01/29 | 500 | 465721 |
| State of California GO BAB |  |  |
| &nbsp;&nbsp;&nbsp;7.30%, 10/01/39 | 1155 | 1471634 |
| &nbsp;&nbsp;&nbsp;7.35%, 11/01/39 | 500 | 639099 |
| &nbsp;&nbsp;&nbsp;7.50%, 04/01/34 | 1900 | 2396430 |
| &nbsp;&nbsp;&nbsp;7.55%, 04/01/39 | 1630 | 2163577 |
| &nbsp;&nbsp;&nbsp;7.60%, 11/01/40 | 1350 | 1829452 |
| &nbsp;&nbsp;&nbsp;7.63%, 03/01/40 | 1200 | 1592480 |
| University of California RB |  |  |
| &nbsp;&nbsp;&nbsp;Series AD, 4.86%, 05/15/12 | 110 | 103098 |
| &nbsp;&nbsp;&nbsp;Series AJ, 4.60%, 05/15/31 | 100 | 100717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series AQ, 4.77%, 05/15/15<sup>(c)</sup> | 500 | 462123 |
| &nbsp;&nbsp;&nbsp;Series AX, 3.06%, 07/01/25 (Call 04/01/25) | 50 | 48498 |
| &nbsp;&nbsp;&nbsp;Series BG, 1.61%, 05/15/30 (Call 02/15/30) | 720 | 590347 |
| &nbsp;&nbsp;&nbsp;Series BG, 3.07%, 05/15/51 (Call 05/15/31) | 1305 | 939305 |
| University of California RB BAB, 5.77%, 05/15/43 | 330 | 370011 |
|  |  | 30669476 |
| **Connecticut — 0.0%** |  |  |
| State of Connecticut GO, Series A, 5.85%, 03/15/32 | 840 | 919053 |
| **District of Columbia — 0.0%** |  |  |
| District of Columbia Water & Sewer Authority RB |  |  |
| &nbsp;&nbsp;&nbsp;3.21%, 10/01/48 (Call 10/01/29) | 930 | 745567 |
| &nbsp;&nbsp;&nbsp;4.81%, 10/01/14 | 100 | 95173 |
|  |  | 840740 |
| **Florida — 0.0%** |  |  |
| County of Miami-Dade FL Aviation Revenue RB, Series C, 4.28%, 10/01/41 (Call 10/01/28) | 60 | 55341 |
| County of Miami-Dade FL Transit System RB, Series B, 2.60%, 07/01/42 (Call 07/01/30) | 1000 | 759281 |
| State Board of Administration Finance Corp. RB |  |  |
| &nbsp;&nbsp;&nbsp;1.26%, 07/01/25 | 967 | 893348 |
| &nbsp;&nbsp;&nbsp;1.71%, 07/01/27 | 500 | 445701 |
| &nbsp;&nbsp;&nbsp;2.15%, 07/01/30 | 925 | 775620 |
|  |  | 2929291 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Georgia — 0.0%** |  |  |
| City of Atlanta GA Water & Wastewater Revenue RB, 2.26%, 11/01/35 (Call 11/01/30) | $120 | $97945 |
| Municipal Electric Authority of Georgia RB BAB |  |  |
| &nbsp;&nbsp;&nbsp;Project J, Series 2010-A, 6.64%, 04/01/57 | 1015 | 1147528 |
| &nbsp;&nbsp;&nbsp;Project M, Series 2010-A, 6.66%, 04/01/57 | 318 | 363777 |
| &nbsp;&nbsp;&nbsp;Project P, Series 2010-A, 7.06%, 04/01/57 | 25 | 27057 |
|  |  | 1636307 |
| **Idaho — 0.0%** |  |  |
| Idaho Energy Resources Authority RB, 2.86%, 09/01/46 | 85 | 62846 |
| **Illinois — 0.0%** |  |  |
| Chicago O'Hare International Airport RB, Series C, 4.47%, 01/01/49<sup>(c)</sup> | 80 | 77188 |
| Chicago O'Hare International Airport RB BAB, Series B, 6.40%, 01/01/40 | 500 | 594584 |
| Chicago Transit Authority Sales & Transfer Tax Receipts Revenue RB |  |  |
| &nbsp;&nbsp;&nbsp;Series A, 6.90%, 12/01/40 | 790 | 916497 |
| &nbsp;&nbsp;&nbsp;Series B, 6.90%, 12/01/40 | 290 | 340070 |
| Chicago Transit Authority Sales Tax Receipts Fund RB BAB, Series B, 6.20%, 12/01/40 | 400 | 446522 |
| Illinois State Toll Highway Authority RB BAB, Series A, 6.18%, 01/01/34 | 180 | 205631 |
| Sales Tax Securitization Corp. RB, 3.24%, 01/01/42 | 1000 | 812836 |
| State of Illinois GO |  |  |
| &nbsp;&nbsp;&nbsp;4.95%, 06/01/23 | 13 | 13598 |
| &nbsp;&nbsp;&nbsp;5.10%, 06/01/33 | 5250 | 5211003 |
| State of Illinois GO BAB, Series 5, 7.35%, 07/01/35 | 743 | 800301 |
|  |  | 9418230 |
| **Indiana — 0.0%** |  |  |
| Indiana Finance Authority RB, 3.05%, 01/01/51 | 100 | 77960 |
| **Kansas — 0.0%** |  |  |
| Kansas Development Finance Authority RB, 2.77%, 05/01/51<sup>(c)</sup> | 420 | 306090 |
| **Louisiana — 0.0%** |  |  |
| Louisiana Local Government Environmental Facilities & Community Development Authority RB |  |  |
| &nbsp;&nbsp;&nbsp;3.62%, 02/01/29 | 700 | 686761 |
| &nbsp;&nbsp;&nbsp;4.48%, 08/01/39 | 520 | 507140 |
| State of Louisiana Gasoline & Fuels Tax Revenue RB, 2.95%, 05/01/41 | 195 | 153678 |
|  |  | 1347579 |
| **Maryland — 0.0%** |  |  |
| Maryland Health & Higher Educational Facilities Authority, Class D, 3.05%, 07/01/40 (Call 01/01/40) | 200 | 155099 |
| **Massachusetts — 0.0%** |  |  |
| Commonwealth of Massachusetts GO, 4.91%, 05/01/29 | 805 | 830094 |
| Commonwealth of Massachusetts GOL |  |  |
| &nbsp;&nbsp;&nbsp;2.51%, 07/01/41 (Call 07/01/30) | 70 | 52881 |
| &nbsp;&nbsp;&nbsp;2.81%, 09/01/43 | 100 | 76661 |
| &nbsp;&nbsp;&nbsp;2.90%, 09/01/49 | 550 | 408368 |
| &nbsp;&nbsp;&nbsp;Series D, 2.66%, 09/01/39 | 99 | 81727 |
| Commonwealth of Massachusetts GOL BAB, Series E, 5.46%, 12/01/39 | 145 | 158255 |
| Commonwealth of Massachusetts RB, 3.77%, 07/15/29 | 805 | 783187 |
| Massachusetts School Building Authority RB 2.95%, 05/15/43 (Call 05/15/30) | 1765 | 1340128 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Massachusetts (continued)** |  |  |
| 3.40%, 10/15/40 (Call 10/15/29) | $65 | $55137 |
| Massachusetts Water Resources Authority RB, 2.82%, 08/01/41 (Call 08/01/31) | 130 | 101453 |
|  |  | 3887891 |
| **Michigan — 0.0%** |  |  |
| Great Lakes Water Authority Sewage Disposal System Revenue RB, 3.06%, 07/01/39 | 100 | 81818 |
| Michigan Finance Authority RB |  |  |
| &nbsp;&nbsp;&nbsp;3.08%, 12/01/34 | 350 | 303427 |
| &nbsp;&nbsp;&nbsp;3.38%, 12/01/40 | 55 | 46659 |
| Michigan State University RB, 4.17%, 08/15/22 (Call 02/15/22) | 300 | 245349 |
| Michigan Strategic Fund RB, 3.23%, 09/01/47 (Call 09/01/31) | 50 | 40142 |
| University of Michigan RB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 04/01/52 (Call 10/01/51)<sup>(c)</sup> | 153 | 130731 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/52 (Call 10/01/51) | 119 | 100475 |
| &nbsp;&nbsp;&nbsp;4.45%, 04/01/22 (Call 10/01/21) | 846 | 757673 |
| &nbsp;&nbsp;&nbsp;Series B, 2.44%, 04/01/40 (Call 10/01/39) | 238 | 181474 |
|  |  | 1887748 |
| **Minnesota — 0.0%** |  |  |
| University of Minnesota RB, 4.05%, 04/01/52 Call | 268 | 251428 |
| **Missouri — 0.0%** |  |  |
| Health & Educational Facilities Authority of the State of Missouri RB |  |  |
| &nbsp;&nbsp;&nbsp;Series A, 3.23%, 05/15/50 (Call 11/15/49) | 500 | 408107 |
| &nbsp;&nbsp;&nbsp;Series A, 3.65%, 08/15/57 (Call 08/15/27) | 225 | 194302 |
|  |  | 602409 |
| **Nebraska — 0.0%** |  |  |
| University of Nebraska Facilities Corp. RB, Series A, Class A, 3.04%, 10/01/49<sup>(c)</sup> | 50 | 40393 |
| **New Jersey — 0.0%** |  |  |
| New Jersey Economic Development Authority RB, Series A, 7.43%, 02/15/29 (NPFGC) | 1085 | 1191700 |
| New Jersey State Turnpike Authority RB BAB, Series F, 7.41%, 01/01/40 | 1055 | 1376694 |
| New Jersey Transportation Trust Fund Authority RB, 4.13%, 06/15/42 | 845 | 727206 |
| New Jersey Transportation Trust Fund Authority RB BAB |  |  |
| &nbsp;&nbsp;&nbsp;Series B, 6.56%, 12/15/40 | 210 | 238599 |
| &nbsp;&nbsp;&nbsp;Series C, 5.75%, 12/15/28 | 50 | 51239 |
| New Jersey Turnpike Authority RB BAB, Series A, 7.10%, 01/01/41 | 1435 | 1824274 |
| Rutgers The State University of New Jersey RB |  |  |
| &nbsp;&nbsp;&nbsp;3.27%, 05/01/43 | 200 | 162782 |
| &nbsp;&nbsp;&nbsp;Series P, 3.92%, 05/01/19 (Call 11/01/18) | 100 | 74130 |
| Rutgers The State University of New Jersey RB BAB, Class H, 5.67%, 05/01/40 | 500 | 534103 |
|  |  | 6180727 |
| **New York — 0.1%** |  |  |
| City of New York NY, 5.26%, 10/01/52 | 75 | 82823 |
| City of New York NY GO BAB |  |  |
| &nbsp;&nbsp;&nbsp;Series A-2, 5.21%, 10/01/31 | 135 | 139804 |
| &nbsp;&nbsp;&nbsp;Series C-1, 5.52%, 10/01/37 | 450 | 486596 |
| &nbsp;&nbsp;&nbsp;Series F1, 6.27%, 12/01/37 | 250 | 287978 |
| Metropolitan Transportation Authority RB, Series C2, 5.18%, 11/15/49 | 700 | 650568 |
| Metropolitan Transportation Authority RB BAB 7.34%, 11/15/39 | 525 | 678426 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **New York (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Series 2010-A, 6.67%, 11/15/39 | $250 | $271825 |
| &nbsp;&nbsp;&nbsp;Series A, 5.87%, 11/15/39 | 100 | 101631 |
| &nbsp;&nbsp;&nbsp;Series E, 6.81%, 11/15/40 | 265 | 292588 |
| New York City Municipal Water Finance Authority RB |  |  |
| &nbsp;&nbsp;&nbsp;5.44%, 06/15/43 | 525 | 587322 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.72%, 06/15/42<sup>(c)</sup> | 250 | 288282 |
| &nbsp;&nbsp;&nbsp;5.88%, 06/15/44 | 975 | 1150261 |
| New York City Transitional Finance Authority Future Tax Secured Revenue RB BAB |  |  |
| &nbsp;&nbsp;&nbsp;5.57%, 11/01/38 | 260 | 276863 |
| &nbsp;&nbsp;&nbsp;Series C-2, 5.77%, 08/01/36 | 995 | 1063876 |
| New York City Water & Sewer System RB BAB, 5.95%, 06/15/42<sup>(c)</sup> | 225 | 263854 |
| New York State Dormitory Authority RB |  |  |
| &nbsp;&nbsp;&nbsp;2.20%, 03/15/34 | 1800 | 1432431 |
| &nbsp;&nbsp;&nbsp;Series F, 3.11%, 02/15/39 | 150 | 125819 |
| New York State Dormitory Authority RB BAB |  |  |
| &nbsp;&nbsp;&nbsp;Series D, 5.60%, 03/15/40 | 390 | 423996 |
| &nbsp;&nbsp;&nbsp;Series F, 5.63%, 03/15/39 | 50 | 53784 |
| New York State Thruway Authority RB |  |  |
| &nbsp;&nbsp;&nbsp;Class M, 2.90%, 01/01/35 | 100 | 85508 |
| &nbsp;&nbsp;&nbsp;Series M, 3.50%, 01/01/42 (Call 01/01/30) | 490 | 415497 |
| New York State Urban Development Corp. RB, Series B, 3.90%, 03/15/33 (Call 09/15/28) | 250 | 239070 |
| New York State Urban Development Corp. RB BAB, 5.77%, 03/15/39 | 175 | 184586 |
| Port Authority of New York & New Jersey RB |  |  |
| &nbsp;&nbsp;&nbsp;3.14%, 02/15/51 (Call 08/15/31) | 230 | 174177 |
| &nbsp;&nbsp;&nbsp;Series 165, 5.65%, 11/01/40 | 255 | 283522 |
| &nbsp;&nbsp;&nbsp;Series 168, 4.93%, 10/01/51 | 775 | 800202 |
| &nbsp;&nbsp;&nbsp;Series 174, 4.46%, 10/01/62 | 2300 | 2212322 |
| &nbsp;&nbsp;&nbsp;Series 181, 4.96%, 08/01/46 | 100 | 104406 |
| &nbsp;&nbsp;&nbsp;Series 192, 4.81%, 10/15/65 | 145 | 146848 |
| &nbsp;&nbsp;&nbsp;Series 225, 3.18%, 07/15/60 (Call 07/15/31) | 600 | 434992 |
| &nbsp;&nbsp;&nbsp;Series AAA, 1.09%, 07/01/23 | 500 | 492259 |
|  |  | 14232116 |
| **North Carolina — 0.0%** |  |  |
| Charlotte-Mecklenburg Hospital Authority (The) RB, 3.20%, 01/15/51 (Call 01/15/50) | 435 | 320983 |
| **Ohio — 0.0%** |  |  |
| American Municipal Power Inc. RB BAB |  |  |
| &nbsp;&nbsp;&nbsp;5.94%, 02/15/47 | 175 | 193627 |
| &nbsp;&nbsp;&nbsp;Series B, 8.08%, 02/15/50 | 650 | 893207 |
| JobsOhio Beverage System RB |  |  |
| &nbsp;&nbsp;&nbsp;2.83%, 01/01/38 | 250 | 204550 |
| &nbsp;&nbsp;&nbsp;4.43%, 01/01/33 | 155 | 154705 |
| &nbsp;&nbsp;&nbsp;Series B, 4.53%, 01/01/35 | 350 | 348545 |
| Ohio State University (The) RB |  |  |
| &nbsp;&nbsp;&nbsp;Series A, 3.80%, 12/01/46 | 395 | 343176 |
| &nbsp;&nbsp;&nbsp;Series A, 4.80%, 06/01/11 | 200 | 180010 |
| Ohio State University (The) RB BAB, Series C, 4.91%, 06/01/40 | 175 | 181117 |
| Ohio Turnpike & Infrastructure Commission RB, Series A, Class A, 3.22%, 02/15/48 (Call 02/15/30) | 160 | 121035 |
| Ohio Water Development Authority Water Pollution Control Loan Fund RB, Series B-2, 4.88%, 12/01/34 | 50 | 51187 |
|  |  | 2671159 |
| **Oklahoma — 0.0%** |  |  |
| Oklahoma Development Finance Authority RB 4.38%, 11/01/45 | 400 | 383163 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oklahoma (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.62%, 06/01/44 | $330 | $323861 |
| &nbsp;&nbsp;&nbsp;5.09%, 02/01/52 | 125 | 123664 |
|  |  | 830688 |
| **Oregon — 0.0%** |  |  |
| Oregon School Boards Association RB |  |  |
| &nbsp;&nbsp;&nbsp;Series B, 5.55%, 06/30/28 (NPFGC) | 100 | 102841 |
| &nbsp;&nbsp;&nbsp;Series B, 5.68%, 06/30/28 (NPFGC) | 100 | 103546 |
| Oregon State University RB, 3.42%, 03/01/60 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 03/01/30) (BAM) | 200 | 150567 |
| State of Oregon Department of Transportation RB BAB, Series 2010-A, 5.83%, 11/15/34 | 200 | 221697 |
| State of Oregon GO, 5.89%, 06/01/27 | 340 | 353215 |
|  |  | 931866 |
| **Pennsylvania — 0.0%** |  |  |
| City of Philadelphia PA Water & Wastewater Revenue RB, 2.93%, 07/01/45 (Call 07/01/31) | 115 | 84633 |
| Commonwealth Financing Authority RB, Class A, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.99%, 06/01/42<sup>(c)</sup> | 710 | 542123 |
| Pennsylvania State University (The) RB |  |  |
| &nbsp;&nbsp;&nbsp;2.79%, 09/01/43 | 500 | 395331 |
| &nbsp;&nbsp;&nbsp;2.84%, 09/01/50 | 250 | 186553 |
| Pennsylvania Turnpike Commission RB BAB, Series B, 5.51%, 12/01/45 | 250 | 280358 |
| University of Pittsburgh-of the Commonwealth System of Higher Education RB, 3.56%, 09/15/19 (Call 03/15/19) | 200 | 141315 |
|  |  | 1630313 |
| **Tennessee — 0.0%** |  |  |
| Metropolitan Government Nashville & Davidson County Health & Educational Facility Building RB, Series 2016B, 4.05%, 07/01/26 (Call 04/01/26) | 250 | 241684 |
| **Texas — 0.1%** |  |  |
| City of San Antonio Texas Electric & Gas Systems Revenue RB BAB, 5.81%, 02/01/41 | 200 | 227904 |
| Dallas Area Rapid Transit RB BAB |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.02%, 12/01/48<sup>(c)</sup> | 525 | 554063 |
| &nbsp;&nbsp;&nbsp;Series B, 6.00%, 12/01/44 | 50 | 58542 |
| Dallas County Hospital District GOL BAB, Series C, 5.62%, 08/15/44 | 50 | 55173 |
| Dallas Fort Worth International Airport RB |  |  |
| &nbsp;&nbsp;&nbsp;2.84%, 11/01/46 (Call 11/01/31) | 95 | 72751 |
| &nbsp;&nbsp;&nbsp;4.51%, 11/01/51 (Call 11/01/32) | 265 | 256365 |
| &nbsp;&nbsp;&nbsp;Series A, Class A, 3.14%, 11/01/45 | 250 | 201666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series C, Class C, 2.92%, 11/01/50<sup>(c)</sup> | 1150 | 875498 |
| &nbsp;&nbsp;&nbsp;Series C, Class C, 3.09%, 11/01/40 (Call 11/01/30) | 500 | 407528 |
| Grand Parkway Transportation Corp. RB, 3.24%, 10/01/52 (Call 04/01/30) | 855 | 664430 |
| North Texas Tollway Authority RB BAB, Series B, |  |  |
| &nbsp;&nbsp;&nbsp;6.72%, 01/01/49 | 1248 | 1596980 |
| Permanent University Fund - Texas A&M University |  |  |
| &nbsp;&nbsp;&nbsp;System RB, Series B, 3.66%, 07/01/47 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 07/01/27) | 100 | 89025 |
| Permanent University Fund - University of Texas |  |  |
| &nbsp;&nbsp;&nbsp;System RB, Series A, 3.38%, 07/01/47 |  |  |
| &nbsp;&nbsp;&nbsp;(Call 01/01/47) | 120 | 99909 |
| State of Texas GO, 3.21%, 04/01/44 (Call 04/01/29) | 650 | 543497 |
| State of Texas GO BAB, 5.52%, 04/01/39 | 1015 | 1143667 |
| Texas Private Activity Bond Surface Transportation Corp. RB, Series B, 3.92%, 12/31/49 | 400 | 326126 |
| Texas Transportation Commission GO, 2.47%, 10/01/44 (Call 10/01/30) | 500 | 362999 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;*Security* | *Par <br> (000)* | *Value* |
| **Texas (continued)** |  |  |
| Texas Transportation Commission State Highway |  |  |
| &nbsp;&nbsp;&nbsp;Fund RB |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 10/01/33 | $500 | $478300 |
| &nbsp;&nbsp;&nbsp;First Class, 5.18%, 04/01/30 | 1115 | 1159883 |
| University of Texas System (The) RB, Series B, 2.44%, 08/15/49 (Call 02/15/49) | 845 | 585912 |
| University of Texas System (The) RB BAB, Series C, 4.79%, 08/15/46 | 155 | 159898 |
|  |  | 9920116 |
| **Virginia — 0.0%** |  |  |
| University of Virginia RB |  |  |
| &nbsp;&nbsp;&nbsp;2.26%, 09/01/50 (Call 03/01/50) | 1120 | 732237 |
| &nbsp;&nbsp;&nbsp;Series C, 4.18%, 09/01/17 (Call 03/01/17) | 50 | 41909 |
|  |  | 774146 |
| **Washington — 0.0%** |  |  |
| Central Puget Sound Regional Transit Authority Sales & Rental Car Taxes Revenue RB BAB, 5.49%, 11/01/39 | 30 | 32843 |
| State of Washington GO BAB, Series F, 5.14%, 08/01/40 | 600 | 645690 |
|  |  | 678533 |
| **Wisconsin — 0.0%** |  |  |
| State of Wisconsin RB |  |  |
| &nbsp;&nbsp;&nbsp;Series A, 5.70%, 05/01/26 | 20 | 20299 |
| &nbsp;&nbsp;&nbsp;Series C, 3.15%, 05/01/27 | 250 | 239371 |
|  |  | 259670 |
| **Total Municipal Debt Obligations — 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $111,827,387)** |  | 94120741 |
| **U.S. Government & Agency Obligations** |  |  |
| **Mortgage-Backed Securities — 24.6%** |  |  |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 01/01/30 | 15 | 14320 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/01/31 | 186 | 176787 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/01/31 | 316 | 300779 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/01/31 | 189 | 180042 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/01/32 | 363 | 345841 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/01/33 | 659 | 626382 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/29 | 16143 | 15643614 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/30 | 32 | 31145 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/30 | 18 | 16975 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/30 | 42 | 39792 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/30 | 436 | 421440 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/31 | 12 | 11569 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/31 | 13 | 12281 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/31 | 8 | 8076 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/46 | 1833 | 1704465 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/46 | 131 | 121529 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/01/46 | 771 | 717184 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/01/46 | 598 | 559144 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/46 | 1097 | 1025867 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/46 | 763 | 709672 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/46 | 3025 | 2814497 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/01/47 | 549 | 510791 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/47 | 1320 | 1228077 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/47 | 348 | 326304 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/47 | 1080 | 1004898 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/01/47 | 116 | 108144 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/01/47 | 451 | 419330 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/47 | $323 | $300086 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/32 | 50 | 49317 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/32 | 36 | 35249 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/33 | 109 | 107650 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/34 | 462 | 452987 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/38 | 329 | 319924 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/38 | 3 | 3239 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/42 | 622 | 600986 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/43 | 18 | 17336 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/43 | 19 | 18492 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/01/44 | 48 | 46794 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/44 | 83 | 80267 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/44 | 457 | 440820 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/45 | 114 | 109182 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/01/46 | 9 | 8977 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/46 | 3084 | 2981201 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/46 | 85 | 82193 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/46 | 93 | 89810 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/46 | 117 | 111755 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/46 | 56 | 54400 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/01/46 | 24 | 22605 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/46 | 1213 | 1160194 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/01/47 | 325 | 310559 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/47 | 321 | 306649 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/47 | 59 | 56085 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/47 | 53 | 50858 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/47 | 67 | 64227 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/47 | 470 | 448602 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/47 | 21 | 20282 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/47 | 1166 | 1115442 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/47 | 18 | 17249 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/01/48 | 656 | 636124 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/48 | 1010 | 964078 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/48 | 735 | 703181 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/48 | 438 | 418014 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/49 | 767 | 735461 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/49 | 214 | 205679 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/49 | 262 | 250803 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/52 | 4137 | 3938197 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/33 | 84 | 83972 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/42 | 90 | 88942 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/44 | 17 | 16937 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/45 | 104 | 103932 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/45 | 8 | 8096 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/45 | 48 | 47803 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/01/45 | 443 | 438099 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/01/46 | 76 | 75105 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/46 | 3 | 2773 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/46 | 8 | 8011 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/46 | 213 | 210370 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/01/46 | 98 | 97168 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/01/46 | 276 | 271097 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/47 | 151 | 148165 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/01/47 | 39 | 38802 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/01/47 | 4 | 3822 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/01/48 | 1381 | 1357311 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/48 | 442 | 435120 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/48 | 434 | 430626 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/48 | 365 | 358455 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/48 | 134 | 131352 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 09/01/48 | $98 | $96445 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/01/48 | 345 | 340668 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/01/49 | 248 | 244012 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/52 | 25000 | 24146336 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/01/52 | 7000 | 6814834 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/01/41 | 53 | 54179 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/01/42 | 67 | 68030 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/01/45 | 41 | 41220 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/01/46 | 53 | 54225 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/01/46 | 8 | 8836 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/01/46 | 6 | 6370 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/01/46 | 2 | 1636 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/01/46 | 561 | 569719 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/01/47 | 45 | 44836 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/47 | 27 | 27343 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/01/48 | 283 | 284445 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/48 | 135 | 135853 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/01/48 | 120 | 120818 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/48 | 793 | 804924 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/01/48 | 197 | 197731 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/01/49 | 219 | 219720 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/01/33 | 280 | 286783 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/01/47 | 21 | 21268 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/01/48 | 77 | 78538 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/01/48 | 465 | 475534 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/01/48 | 56 | 57116 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/01/48 | 109 | 111817 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/01/49 | 61 | 62012 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/01/52 | 6659 | 6768016 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/01/53 | 5000 | 5033068 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/01/52 | 5006 | 5147995 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/01/52 | 7843 | 8069459 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/01/53 | 6025 | 6224169 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 03/01/37 | 895 | 815595 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/01/37 | 2656 | 2489877 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/16/38 | 37174 | 34712319 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/16/38 | 45572 | 43710349 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/47 | 362 | 339009 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/16/38 | 34676 | 33811004 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/01/51 | 1287 | 1239793 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/52 | 9999 | 9388721 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/47 | 656 | 649116 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/01/57 | 486 | 480531 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/57 | 552 | 545600 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/16/38 | 960 | 967295 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/01/52 | 7941 | 7858379 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/01/52 | 3969 | 3927466 |
| &nbsp;&nbsp;&nbsp;5.00%, 02/16/38 | 293 | 297548 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/01/52 | 5813 | 5908091 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/01/52 | 6786 | 6897832 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/01/53 | 14985 | 15080934 |
| &nbsp;&nbsp;&nbsp;5.50%, 09/01/52 | 3865 | 4014083 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/01/52 | 3664 | 3783932 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/01/53 | 10205 | 10570144 |
| &nbsp;&nbsp;&nbsp;5.50%, 02/01/53 | 7000 | 7135187 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2014-M13, Class A2, 3.02%, 08/25/24<sup>(a)</sup> | 5 | 4664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2017-M7, Class A2, 2.96%, 02/25/27<sup>(a)</sup> | 4383 | 4201876 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-M10, Class A2, 3.36%, 07/25/28<sup>(a)</sup> | 2750 | 2669536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-M12, Class A2, 3.63%, 08/25/30<sup>(a)</sup> | 2950 | 2871926 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2018-M3, Class A2, 3.07%, 02/25/30<sup>(a)</sup> | $8657 | $8185596 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2019-M2, Class A2, 3.63%, 11/25/28<sup>(a)</sup> | 1843 | 1806856 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-M13, Class A2, 1.61%, 04/25/31<sup>(a)</sup> | 17050 | 14103935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2021-M17, Class A2, 1.71%, 07/25/31<sup>(a)</sup> | 5000 | 4156173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-M1, Class A2, 1.67%, 10/25/31<sup>(a)</sup> | 9890 | 8113825 |
| Freddie Mac Multifamily Structured Pass Through Certificates |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.12%, 04/25/55 (Call 09/25/29)<sup>(a)</sup> | 15000 | 13471079 |
| &nbsp;&nbsp;&nbsp;Class A1, 2.55%, 05/25/31 (Call 02/25/32) | 2247 | 2064183 |
| &nbsp;&nbsp;&nbsp;Class A2, 2.25%, 02/25/32 (Call 02/25/32) | 3000 | 2595664 |
| &nbsp;&nbsp;&nbsp;Series A2, 2.28%, 07/25/26 (Call 08/25/26) | 9000 | 8476403 |
| &nbsp;&nbsp;&nbsp;Series K036, Class A2, 3.53%, 10/25/23 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 11/25/23)<sup>(a)</sup> | 750 | 743398 |
| &nbsp;&nbsp;&nbsp;Series K040, Class A2, 3.24%, 09/25/24 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 10/25/24) | 3195 | 3120073 |
| &nbsp;&nbsp;&nbsp;Series K044, Class A2, 2.81%, 01/25/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 01/25/25) | 6207 | 6002755 |
| &nbsp;&nbsp;&nbsp;Series K048, Class A2, 3.28%, 06/25/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 08/25/25)<sup>(a)</sup> | 1610 | 1569500 |
| &nbsp;&nbsp;&nbsp;Series K053, Class A2, 3.00%, 12/25/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 01/25/26) | 3000 | 2898789 |
| &nbsp;&nbsp;&nbsp;Series K064, Class A2, 3.22%, 03/25/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 05/25/27) | 3000 | 2903055 |
| &nbsp;&nbsp;&nbsp;Series K069, Class A2, 3.19%, 09/25/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 10/25/27)<sup>(a)</sup> | 3000 | 2893998 |
| &nbsp;&nbsp;&nbsp;Series K073, Class A2, 3.35%, 01/25/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 10/25/28) | 1000 | 970692 |
| &nbsp;&nbsp;&nbsp;Series K075, Class A2, 3.65%, 02/25/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 05/25/28)<sup>(a)</sup> | 3065 | 3014528 |
| &nbsp;&nbsp;&nbsp;Series K078, Class A2, 3.85%, 06/25/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 10/25/28) | 3600 | 3571799 |
| &nbsp;&nbsp;&nbsp;Series K086, Class A2, 3.86%, 11/25/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 11/25/28)<sup>(a)</sup> | 1000 | 990421 |
| &nbsp;&nbsp;&nbsp;Series K089, Class A2, 3.56%, 01/25/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 04/25/29) | 2000 | 1948981 |
| &nbsp;&nbsp;&nbsp;Series K100, Class A2, 2.67%, 09/25/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 10/25/29) | 3000 | 2761862 |
| &nbsp;&nbsp;&nbsp;Series K101, Class A2, 2.52%, 10/25/29 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 01/25/30) | 2000 | 1822694 |
| &nbsp;&nbsp;&nbsp;Series K106, Class A2, 2.07%, 01/25/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 02/25/30) | 3170 | 2792242 |
| &nbsp;&nbsp;&nbsp;Series K108, Class A2, 1.52%, 03/25/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 03/25/30) | 3000 | 2541171 |
| &nbsp;&nbsp;&nbsp;Series K110, Class A2, 1.48%, 04/25/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 05/25/30) | 660 | 556164 |
| &nbsp;&nbsp;&nbsp;Series K116, Class A2, 1.38%, 07/25/30 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 09/25/30) | 7091 | 5884786 |
| &nbsp;&nbsp;&nbsp;Series K125, Class A2, 1.85%, 01/25/31 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 01/25/31) | 5000 | 4255068 |
| &nbsp;&nbsp;&nbsp;Series K130, Class A2, 1.72%, 06/25/31 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 07/25/31) | 3500 | 2930687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series K150, 3.71%, 09/25/32 (Call 10/25/32)<sup>(a)</sup> | 11000 | 10700191 |
| &nbsp;&nbsp;&nbsp;Series K-1512, Class A2, 2.99%, 05/25/31 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 10/25/34) | 910 | 843275 |
| &nbsp;&nbsp;&nbsp;Series K-1512, Class A3, 3.06%, 04/25/34 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 10/25/34) | 720 | 646331 |
| &nbsp;&nbsp;&nbsp;Series K730, Class A2, 3.59%, 01/25/25 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 02/25/25)<sup>(a)</sup> | 1927 | 1892395 |
| &nbsp;&nbsp;&nbsp;Series K739, Class A2, 1.34%, 09/25/27 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Call 09/25/27) | 2780 | 2479376 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| Ginnie Mae Mortgage-Backed Securities, 1.50%, 02/21/53 | $8600 | $7111461 |
| Government National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 10/20/51 | 5754 | 4690962 |
| &nbsp;&nbsp;&nbsp;2.00%, 07/20/50 | 941 | 819563 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/20/50 | 20556 | 17894869 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/20/50 | 13066 | 11374064 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/20/50 | 6339 | 5517974 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/20/50 | 23847 | 20759583 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/20/51 | 24467 | 21284795 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/20/51 | 44753 | 38821821 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/20/51 | 4722 | 4094912 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/20/51 | 53485 | 46363802 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/20/52 | 14106 | 12207916 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/20/52 | 8814 | 7618225 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/20/52 | 10719 | 9264772 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/21/53 | 42492 | 36717403 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/20/45 | 58 | 52464 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/20/46 | 741 | 671235 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/20/47 | 261 | 236129 |
| &nbsp;&nbsp;&nbsp;2.50%, 06/20/50 | 16828 | 15142628 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/20/50 | 2759 | 2482681 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/20/50 | 4148 | 3732626 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/20/51 | 11591 | 10430600 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/20/51 | 25093 | 22517711 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/20/51 | 22768 | 20409784 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/20/51 | 11853 | 10605420 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/20/51 | 19564 | 17501053 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/20/51 | 4473 | 4003946 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/20/51 | 40365 | 36109891 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/20/51 | 39207 | 35031539 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/20/52 | 14451 | 12903785 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/20/52 | 7747 | 6911591 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/20/52 | 15773 | 14067639 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/20/52 | 4467 | 3984103 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/20/52 | 1485 | 1326870 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/20/52 | 3880 | 3473986 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/21/53<sup>(m)</sup> | 43980 | 39198231 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/20/43 | 616 | 577563 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/15/43 | 8 | 7519 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/20/43 | 21 | 19285 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/20/43 | 25 | 23398 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/20/45 | 1092 | 1020702 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/20/45 | 980 | 916283 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/20/45 | 78 | 72843 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/20/45 | 964 | 901475 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/20/45 | 225 | 209913 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/20/45 | 24 | 22371 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/20/45 | 47 | 43752 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/20/46 | 790 | 738649 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/20/46 | 6264 | 5855954 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/20/46 | 666 | 622534 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/20/46 | 596 | 557403 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/20/46 | 680 | 635649 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/20/46 | 993 | 928717 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/20/46 | 1588 | 1484518 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/20/46 | 1219 | 1139403 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/20/46 | 424 | 396482 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/15/46 | 677 | 629515 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/20/46 | 1294 | 1210000 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 02/15/47 | $936 | $871040 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/20/47 | 592 | 553190 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/20/47 | 138 | 129460 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/20/47 | 435 | 406913 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/20/47 | 38 | 35663 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/20/47 | 1401 | 1309479 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/20/47 | 848 | 792594 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/20/48 | 297 | 277270 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/20/49 | 2395 | 2230381 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/20/49 | 247 | 229633 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/15/49 | 885 | 817811 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/20/49 | 1925 | 1788665 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/20/50 | 13500 | 12541191 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/20/50 | 2751 | 2554867 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/20/50 | 4229 | 3919796 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/20/50 | 1498 | 1388360 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/20/51 | 9645 | 8905826 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/20/51 | 8874 | 8191719 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/20/51 | 43313 | 39970235 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/20/51 | 21378 | 19722252 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/20/51 | 12945 | 11938652 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/20/52 | 17484 | 16115115 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/20/52 | 3930 | 3610412 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/20/52 | 7780 | 7169983 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/20/52 | 4477 | 4126824 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/21/53<sup>(m)</sup> | 41467 | 38091327 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/20/42 | 499 | 483761 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/20/42 | 9404 | 9120542 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/20/42 | 538 | 521704 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/20/42 | 409 | 396405 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/15/43 | 437 | 423987 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/20/44 | 63 | 61485 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/20/44 | 125 | 121079 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/20/45 | 607 | 587925 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/20/45 | 470 | 454937 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/20/45 | 2134 | 2066182 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/20/45 | 7214 | 6983852 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/20/45 | 56 | 54070 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/20/45 | 457 | 442192 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/20/45 | 449 | 434969 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/20/46 | 1046 | 1012483 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/20/46 | 429 | 414030 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/20/46 | 1826 | 1762765 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/20/46 | 54 | 52525 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/20/46 | 623 | 601363 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/20/47 | 171 | 165514 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/20/47 | 793 | 765778 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/20/47 | 1069 | 1027990 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/20/47 | 183 | 176302 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/20/47 | 11152 | 10727709 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/20/47 | 200 | 192026 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/20/47 | 1346 | 1296981 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/20/47 | 2313 | 2224622 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/20/47 | 8849 | 8513384 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/20/47 | 931 | 895633 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/15/47 | 1452 | 1394604 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/20/47 | 495 | 478196 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/20/48 | 181 | 173790 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/20/48 | 2934 | 2822890 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/20/48 | 2043 | 1965559 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 08/20/48 | $675 | $648698 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/20/49 | 304 | 292381 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/20/49 | 9625 | 9253272 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/20/49 | 5642 | 5402168 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/20/49 | 3529 | 3378787 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/20/49 | 1866 | 1786280 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/20/50 | 580 | 555097 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/20/50 | 660 | 631809 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/20/50 | 1413 | 1352092 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/20/50 | 2002 | 1913741 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/20/52 | 20793 | 19759286 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/20/52 | 8860 | 8419012 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/20/52 | 9943 | 9406421 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/21/53 | 37813 | 35749981 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/20/45 | 359 | 354539 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/20/45 | 119 | 117684 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/20/45 | 5 | 5100 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/20/46 | 20 | 20073 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/20/46 | 258 | 254748 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/20/46 | 23 | 22391 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/20/46 | 6 | 5756 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/20/46 | 60 | 59008 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/15/46 | 43 | 42854 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/20/47 | 894 | 881855 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/20/47 | 2123 | 2094488 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/20/47 | 90 | 88443 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/20/47 | 739 | 728620 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/20/48 | 1217 | 1200211 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/20/48 | 594 | 586115 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/15/48 | 143 | 140838 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/20/48 | 1181 | 1165108 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/20/48 | 1153 | 1136982 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/20/48 | 485 | 478438 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/20/48 | 149 | 147288 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/20/49 | 3330 | 3283716 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/20/49 | 5834 | 5753435 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/49 | 163 | 160923 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/20/52 | 2190 | 2129563 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/20/52 | 8331 | 8092736 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/20/52 | 33230 | 32280307 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/20/52 | 5913 | 5744018 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/21/53 | 31357 | 30440788 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/15/40 | 11 | 10855 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/20/41 | 1960 | 2004323 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/20/45 | 52 | 53266 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/20/46 | 51 | 52213 |
| &nbsp;&nbsp;&nbsp;4.50%, 09/20/46 | 8 | 8691 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/20/46 | 44 | 44798 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/20/46 | 20 | 20865 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/20/47 | 23 | 23374 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/20/47 | 29 | 28886 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/20/47 | 60 | 60729 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/20/47 | 2892 | 2908378 |
| &nbsp;&nbsp;&nbsp;4.50%, 10/20/47 | 30 | 29724 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/20/48 | 442 | 445003 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/20/48 | 426 | 428642 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/20/48 | 457 | 459838 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/20/48 | 373 | 375577 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/20/48 | 550 | 553779 |
| &nbsp;&nbsp;&nbsp;4.50%, 01/20/49 | 11548 | 11614037 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 03/20/49 | $147 | $147356 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/20/49 | 889 | 893811 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/20/49 | 462 | 464374 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/20/49 | 153 | 153997 |
| &nbsp;&nbsp;&nbsp;4.50%, 07/20/52 | 5000 | 4963718 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/20/52 | 29148 | 28935368 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/21/53<sup>(m)</sup> | 15481 | 15369730 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/20/46 | 14 | 14503 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/20/48 | 98 | 100843 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/20/48 | 295 | 301049 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/20/48 | 131 | 134317 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/20/48 | 157 | 159917 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/20/48 | 215 | 219702 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/20/49 | 426 | 435164 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/20/49 | 38 | 38365 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/20/49 | 56 | 56729 |
| &nbsp;&nbsp;&nbsp;5.00%, 06/20/49 | 1496 | 1528628 |
| &nbsp;&nbsp;&nbsp;5.00%, 07/20/52 | 1428 | 1437234 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/20/52 | 5768 | 5806084 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/20/52 | 15475 | 15578350 |
| &nbsp;&nbsp;&nbsp;5.00%, 01/20/53 | 3276 | 3297795 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/21/53<sup>(m)</sup> | 14712 | 14811996 |
| &nbsp;&nbsp;&nbsp;5.50%, 04/20/48 | 21 | 21781 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/20/52 | 5405 | 5494400 |
| &nbsp;&nbsp;&nbsp;5.50%, 01/20/53 | 8231 | 8367020 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/21/53<sup>(m)</sup> | 1353 | 1374881 |
| Uniform Mortgage-Backed Securities |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 03/01/36 | 3426 | 3045009 |
| &nbsp;&nbsp;&nbsp;1.50%, 10/01/36 | 3387 | 3014237 |
| &nbsp;&nbsp;&nbsp;1.50%, 11/01/36 | 3178 | 2825661 |
| &nbsp;&nbsp;&nbsp;1.50%, 02/01/37 | 21534 | 19137351 |
| &nbsp;&nbsp;&nbsp;1.50%, 03/01/37 | 33369 | 29591221 |
| &nbsp;&nbsp;&nbsp;1.50%, 04/01/37 | 4599 | 4079003 |
| &nbsp;&nbsp;&nbsp;1.50%, 08/01/37 | 1311 | 1164771 |
| &nbsp;&nbsp;&nbsp;1.50%, 02/16/38 | 16224 | 14377972 |
| &nbsp;&nbsp;&nbsp;1.50%, 11/01/50 | 4604 | 3690720 |
| &nbsp;&nbsp;&nbsp;1.50%, 04/01/51 | 4715 | 3780891 |
| &nbsp;&nbsp;&nbsp;1.50%, 05/01/51 | 27858 | 22336836 |
| &nbsp;&nbsp;&nbsp;1.50%, 07/01/51 | 20637 | 16545515 |
| &nbsp;&nbsp;&nbsp;1.50%, 11/01/51 | 14173 | 11355247 |
| &nbsp;&nbsp;&nbsp;1.50%, 04/01/52 | 6747 | 5407820 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 02/13/53<sup>(m)</sup> | 17075 | 13635988 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/01/35 | 9059 | 8259084 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/01/36 | 49435 | 45094810 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/01/36 | 9495 | 8656074 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/01/36 | 14639 | 13342277 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/01/36 | 12229 | 11145460 |
| &nbsp;&nbsp;&nbsp;2.00%, 07/01/36 | 1217 | 1109405 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/01/36 | 11792 | 10747885 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/01/36 | 19836 | 18078550 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/01/36 | 4033 | 3675587 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/01/36 | 9542 | 8697264 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/01/36 | 13983 | 12743667 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/01/37 | 24813 | 22616269 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/01/37 | 20458 | 18645102 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/01/37 | 44305 | 40321317 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/01/37 | 20791 | 18913912 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/01/37 | 19613 | 17843448 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/16/38 | 28973 | 26327994 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/01/50 | 14723 | 12618824 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 07/01/50 | $12658 | $10744381 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/01/50 | 6240 | 5293121 |
| &nbsp;&nbsp;&nbsp;2.00%, 09/01/50 | 20710 | 17564282 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/01/50 | 19598 | 16622655 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/01/50 | 7074 | 5994115 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/01/50 | 4935 | 4203769 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/01/51 | 22647 | 19211661 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/01/51 | 27131 | 22962737 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/01/51 | 87436 | 74000389 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/01/51 | 28993 | 24538413 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/01/51 | 31697 | 26834587 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/01/51 | 41132 | 34775341 |
| &nbsp;&nbsp;&nbsp;2.00%, 07/01/51 | 19544 | 16520032 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/01/51 | 53846 | 45486462 |
| &nbsp;&nbsp;&nbsp;2.00%, 10/01/51 | 92239 | 77958995 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/01/51 | 99339 | 83881862 |
| &nbsp;&nbsp;&nbsp;2.00%, 12/01/51 | 126820 | 107041761 |
| &nbsp;&nbsp;&nbsp;2.00%, 01/01/52 | 48814 | 41267115 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 01/01/52<sup>(n)</sup> | 57734 | 48710936 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/01/52 | 78422 | 66048371 |
| &nbsp;&nbsp;&nbsp;2.00%, 03/01/52 | 23813 | 20057662 |
| &nbsp;&nbsp;&nbsp;2.00%, 04/01/52 | 2797 | 2359012 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.00%, 02/13/53<sup>(m)</sup> | 182385 | 153290884 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/01/29 | 54 | 51722 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/01/30 | 76 | 72034 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/01/30 | 72 | 68408 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/01/30 | 21 | 19944 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/01/30 | 27 | 25820 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/01/31 | 21 | 20329 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/01/31 | 2138 | 2030278 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/31 | 240 | 227770 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/01/31 | 1613 | 1532161 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/01/31 | 395 | 374681 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/01/32 | 1683 | 1598623 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/01/32 | 344 | 327153 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/01/32 | 336 | 318816 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/01/32 | 2210 | 2098537 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/01/32 | 55 | 52539 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/01/33 | 2368 | 2249039 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/01/34 | 2393 | 2251750 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/01/35 | 2773 | 2607047 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/01/35 | 13959 | 13121675 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/01/36 | 8724 | 8177379 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/01/36 | 16980 | 15916517 |
| &nbsp;&nbsp;&nbsp;2.50%, 06/01/36 | 8980 | 8417181 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/01/36 | 16412 | 15384962 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/01/36 | 2442 | 2288602 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/01/37 | 7615 | 7128751 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/01/37 | 5437 | 5093392 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/01/37 | 20357 | 19053823 |
| &nbsp;&nbsp;&nbsp;2.50%, 06/01/37 | 5321 | 4980255 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/01/47 | 992 | 887633 |
| &nbsp;&nbsp;&nbsp;2.50%, 06/01/50 | 1016 | 898626 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/01/50 | 1819 | 1620894 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/01/50 | 2382 | 2109572 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/50 | 14785 | 13095361 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/01/50 | 12108 | 10722506 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/01/50 | 28667 | 25317941 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/01/50 | 30114 | 26581963 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/01/51 | 12486 | 11018166 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 02/01/51 | $2280 | $2011177 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/01/51 | 11321 | 9997274 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/01/51 | 2820 | 2476179 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/01/51 | 23653 | 20853083 |
| &nbsp;&nbsp;&nbsp;2.50%, 08/01/51 | 44520 | 39400023 |
| &nbsp;&nbsp;&nbsp;2.50%, 09/01/51 | 50705 | 44623986 |
| &nbsp;&nbsp;&nbsp;2.50%, 10/01/51 | 26935 | 23688100 |
| &nbsp;&nbsp;&nbsp;2.50%, 11/01/51 | 31481 | 27651047 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/01/51 | 87688 | 77052128 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/01/52 | 81432 | 71489720 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/01/52 | 13468 | 11835768 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/01/52 | 105855 | 92853271 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/01/52 | 96071 | 84207468 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/01/52 | 18137 | 15882017 |
| &nbsp;&nbsp;&nbsp;2.50%, 07/01/52 | 24677 | 21648872 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 02/13/53<sup>(m)</sup> | 94894 | 83079491 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/27 | 42 | 40687 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/30 | 10218 | 9882108 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/30 | 64 | 61810 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/30 | 54 | 52325 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/01/30 | 203 | 196117 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/01/30 | 272 | 262921 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/30 | 122 | 117704 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/30 | 26 | 24667 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/30 | 65 | 62695 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/01/31 | 1106 | 1068643 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/31 | 416 | 401813 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/31 | 128 | 123453 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/31 | 46 | 43971 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/31 | 280 | 270423 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/01/31 | 107 | 102686 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/31 | 25 | 24313 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/01/32 | 321 | 310967 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/32 | 1052 | 1017580 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/32 | 41 | 39614 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/32 | 339 | 327619 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/01/32 | 208 | 201142 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/32 | 338 | 326793 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/32 | 546 | 527454 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/33 | 392 | 379113 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/33 | 299 | 288561 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/34 | 193 | 186286 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/01/34 | 9544 | 9197186 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/34 | 236 | 227086 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/34 | 1898 | 1828779 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/35 | 559 | 538995 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/35 | 449 | 432632 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/35 | 2711 | 2612479 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/35 | 2995 | 2879720 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/01/37 | 195 | 184475 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/37 | 4650 | 4465701 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/42 | 94 | 88290 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/42 | 239 | 223919 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/43 | 247 | 231062 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/01/43 | 231 | 216461 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/01/44 | 321 | 300787 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/44 | 3018 | 2826699 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/01/45 | 103 | 96164 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/45 | 782 | 732207 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/45 | 336 | 314286 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/45 | $37 | $34083 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/46 | 4392 | 4080317 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/01/46 | 561 | 522075 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/46 | 42 | 39135 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/46 | 4576 | 4250942 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/46 | 5212 | 4843819 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/01/47 | 1643 | 1528603 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/47 | 2383 | 2214160 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/47 | 1633 | 1517035 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/47 | 50 | 46237 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/47 | 755 | 701269 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/01/47 | 258 | 239892 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/47 | 347 | 325503 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/48 | 287 | 266614 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/48 | 14029 | 13137008 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/49 | 27587 | 25630501 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/01/49 | 1954 | 1811735 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/49 | 292 | 270015 |
| &nbsp;&nbsp;&nbsp;3.00%, 12/01/49 | 2096 | 1929291 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/50 | 599 | 551049 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/50 | 1268 | 1166919 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/50 | 2587 | 2377738 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/50 | 579 | 531693 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/50 | 11572 | 10631607 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/50 | 1397 | 1282598 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/01/50 | 14910 | 13765428 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/01/50 | 8263 | 7588129 |
| &nbsp;&nbsp;&nbsp;3.00%, 01/01/51 | 4344 | 3987422 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/51 | 31433 | 28722737 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/51 | 5051 | 4670524 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/01/51 | 21869 | 19969731 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/01/51 | 23868 | 21730667 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/01/51 | 14697 | 13458891 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/01/51 | 8809 | 8030638 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/01/52 | 11932 | 10873837 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/25/52<sup>(m)</sup> | 128701 | 116896705 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/01/52 | 19893 | 18069356 |
| &nbsp;&nbsp;&nbsp;3.00%, 04/01/52 | 59853 | 54421983 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/01/52 | 23184 | 21058287 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/01/27 | 2 | 2145 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/29 | 9 | 8661 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/30 | 150 | 147965 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/30 | 15 | 15024 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/31 | 101 | 98688 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/31 | 117 | 115135 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/01/32 | 64 | 62909 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/32 | 94 | 92712 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/32 | 119 | 117172 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/32 | 56 | 55368 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/32 | 30 | 29666 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/32 | 213 | 210485 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/32 | 94 | 91297 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/01/32 | 65 | 63090 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/33 | 260 | 255772 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/33 | 330 | 322450 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/33 | 162 | 159451 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/33 | 439 | 432554 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/34 | 2069 | 2037261 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/34 | 627 | 609901 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/34 | 492 | 482625 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 01/01/35 | $336 | $328926 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/44 | 450 | 433802 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/45 | 334 | 321883 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/45 | 107 | 102992 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/45 | 47 | 45374 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/45 | 18243 | 17442632 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/45 | 224 | 216076 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/45 | 137 | 132075 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/01/45 | 61 | 57936 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/45 | 1072 | 1026198 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/01/46 | 528 | 509865 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/46 | 225 | 215327 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/46 | 1139 | 1093548 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/46 | 15 | 14237 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/46 | 33 | 31855 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/46 | 39 | 37017 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/46 | 135 | 131014 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/46 | 110 | 105044 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/46 | 293 | 279943 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/46 | 364 | 350847 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/01/46 | 69 | 65752 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/46 | 2337 | 2247040 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/01/47 | 2204 | 2124344 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/47 | 143 | 136783 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/47 | 352 | 338637 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/47 | 247 | 236678 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/47 | 338 | 325482 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/47 | 3714 | 3555592 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/01/47 | 466 | 446372 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/47 | 24691 | 23580315 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/47 | 10676 | 10207655 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/01/47 | 7305 | 6984506 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/01/47 | 349 | 333479 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/01/48 | 2054 | 1973592 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/48 | 9700 | 9288617 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/48 | 129 | 122869 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/48 | 737 | 706444 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/48 | 106 | 103282 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/48 | 530 | 505768 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/48 | 980 | 935547 |
| &nbsp;&nbsp;&nbsp;3.50%, 11/01/48 | 190 | 181411 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/01/49 | 967 | 923816 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/49 | 2825 | 2722237 |
| &nbsp;&nbsp;&nbsp;3.50%, 03/01/49 | 371 | 355100 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/49 | 217 | 208700 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/49 | 27402 | 26181164 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/49 | 2093 | 1988896 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/49 | 9658 | 9178511 |
| &nbsp;&nbsp;&nbsp;3.50%, 04/01/50 | 5496 | 5249398 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/50 | 17183 | 16350551 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/01/51 | 23777 | 22595868 |
| &nbsp;&nbsp;&nbsp;3.50%, 10/01/51 | 6079 | 5804005 |
| &nbsp;&nbsp;&nbsp;3.50%, 05/01/52 | 9759 | 9162387 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/52 | 30467 | 28624124 |
| &nbsp;&nbsp;&nbsp;3.50%, 07/01/52 | 3734 | 3529491 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/13/53<sup>(m)</sup> | 96270 | 90277430 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/29 | 153 | 150206 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/32 | 206 | 202137 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/33 | 263 | 262086 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/33 | 113 | 112246 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/33 | $75 | $75009 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/01/33 | 473 | 464658 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/16/38<sup>(m)</sup> | 19337 | 19202547 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/38 | 74 | 73456 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/42 | 2113 | 2100709 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/01/44 | 5 | 4515 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/01/44 | 76 | 76228 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/01/45 | 615 | 607949 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/45 | 203 | 203211 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/45 | 174 | 171732 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/45 | 108 | 108035 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/45 | 358 | 354180 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/45 | 28 | 28042 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/45 | 22 | 21260 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/01/45 | 35 | 34820 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/01/46 | 42 | 41813 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/46 | 9 | 8472 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/46 | 1071 | 1071021 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/46 | 172 | 168968 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/46 | 9 | 8962 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/01/46 | 206 | 204040 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/47 | 118 | 116150 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/47 | 143 | 138451 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/47 | 388 | 382645 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/47 | 208 | 205604 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/47 | 218 | 215527 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/47 | 1825 | 1791317 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/47 | 466 | 459327 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/01/47 | 2581 | 2539909 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/01/47 | 1226 | 1213886 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/01/47 | 363 | 356391 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/01/47 | 402 | 400258 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/01/48 | 1266 | 1243504 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/48 | 250 | 245702 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/48 | 16015 | 15709966 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/48 | 5592 | 5487233 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/48 | 33 | 32318 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/01/48 | 7936 | 7785229 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/01/48 | 397 | 389578 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/01/48 | 441 | 432405 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/01/48 | 241 | 236768 |
| &nbsp;&nbsp;&nbsp;4.00%, 01/01/49 | 227 | 223816 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/49 | 144 | 141001 |
| &nbsp;&nbsp;&nbsp;4.00%, 03/01/49 | 752 | 738517 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/49 | 760 | 750909 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/49 | 565 | 558079 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/49 | 1035 | 1021236 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/49 | 14063 | 13800278 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/01/49 | 306 | 298999 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/01/50 | 102 | 99765 |
| &nbsp;&nbsp;&nbsp;4.00%, 04/01/50 | 29007 | 28373410 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/50 | 5536 | 5413875 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/51 | 1938 | 1900696 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/01/52 | 10530 | 10171645 |
| &nbsp;&nbsp;&nbsp;4.00%, 06/01/52 | 13281 | 12829995 |
| &nbsp;&nbsp;&nbsp;4.00%, 07/01/52 | 9756 | 9423430 |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/52 | 36070 | 34841921 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/01/52 | 3969 | 3833788 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/13/53<sup>(m)</sup> | 95281 | 92005273 |
| &nbsp;&nbsp;&nbsp;4.50%, 06/01/41 | 12 | 11995 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/42 | $9 | $9469 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/01/42 | 43 | 43748 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/01/43 | 119 | 120596 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/44 | 139 | 141063 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/45 | 47 | 47706 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/01/45 | 58 | 59502 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/45 | 47 | 47943 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/46 | 379 | 385067 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/01/46 | 4 | 4440 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/46 | 16 | 15372 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/47 | 5 | 4718 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/47 | 98 | 99270 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/47 | 324 | 327226 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/47 | 94 | 94464 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/47 | 444 | 450050 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/48 | 649 | 650400 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/48 | 650 | 655220 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/48 | 114 | 115633 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/48 | 26 | 26645 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/48 | 159 | 159580 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/48 | 187 | 189663 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/48 | 68 | 68342 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/01/48 | 750 | 757857 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/48 | 837 | 840910 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/48 | 284 | 284570 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/48 | 1164 | 1171710 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/01/49 | 420 | 421210 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/01/49 | 462 | 463117 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/49 | 992 | 1002600 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/49 | 715 | 716819 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/01/50 | 10245 | 10271407 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/01/52 | 3110 | 3130282 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/52 | 16683 | 16486013 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/52 | 3276 | 3241826 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/01/52 | 7331 | 7255741 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/01/52 | 17599 | 17397617 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/52 | 26833 | 26714820 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/01/52 | 20749 | 20535172 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/13/53<sup>(m)</sup> | 43842 | 43293975 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 06/01/39 | 8 | 7718 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/41 | 23 | 23727 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/01/41 | 366 | 377794 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/41 | 12 | 12467 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/01/42 | 45 | 46339 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/01/42 | 26 | 26591 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/01/47 | 21 | 21666 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/01/48 | 207 | 210977 |
| &nbsp;&nbsp;&nbsp;5.00%, 04/01/48 | 595 | 607927 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/01/48 | 83 | 84842 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/01/48 | 157 | 160577 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/01/48 | 117 | 119704 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/01/49 | 281 | 287424 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/01/49 | 625 | 637882 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/01/52 | 3475 | 3501785 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/52 | 10363 | 10506358 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 11/01/52 | 3123 | 3141499 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/13/53<sup>(m)</sup> | 48518 | 48696591 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/01/41 | 636 | 659489 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/01/47 | 506 | 528061 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/13/53<sup>(m)</sup> | 42320 | 43004394 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 07/01/41 | $87 | $92867 |
| &nbsp;&nbsp;&nbsp;6.00%, 02/01/49 | 222 | 236459 |
|  |  | 5100226056 |
| **U.S. Government Agency Obligations — 0.3%** |  |  |
| Federal Farm Credit Banks Funding Corp., 1.85%, 07/26/24 | 55 | 52757 |
| Federal Home Loan Banks |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 08/15/24 | 150 | 143450 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/08/23 | 550 | 538554 |
| &nbsp;&nbsp;&nbsp;2.50%, 12/10/27 | 250 | 235592 |
| &nbsp;&nbsp;&nbsp;2.75%, 12/13/24 | 1140 | 1105789 |
| &nbsp;&nbsp;&nbsp;2.88%, 09/13/24 | 250 | 243455 |
| &nbsp;&nbsp;&nbsp;3.00%, 03/10/28 | 60 | 57503 |
| &nbsp;&nbsp;&nbsp;3.13%, 06/13/25 | 2805 | 2736446 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/12/25 | 1075 | 1048265 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/09/28 | 170 | 165541 |
| &nbsp;&nbsp;&nbsp;3.25%, 11/16/28 | 1205 | 1179779 |
| &nbsp;&nbsp;&nbsp;3.38%, 09/08/23 | 200 | 198244 |
| &nbsp;&nbsp;&nbsp;5.50%, 07/15/36 | 3285 | 3784977 |
| Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 12/14/29<sup>(e)</sup> | 200 | 154056 |
| &nbsp;&nbsp;&nbsp;0.25%, 12/04/23 | 4120 | 3963522 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/19/23 | 700 | 694428 |
| &nbsp;&nbsp;&nbsp;6.25%, 07/15/32 | 2355 | 2823598 |
| &nbsp;&nbsp;&nbsp;6.75%, 03/15/31 | 1060 | 1280491 |
| Federal National Mortgage Association |  |  |
| &nbsp;&nbsp;&nbsp;0.25%, 07/10/23 | 10000 | 9799500 |
| &nbsp;&nbsp;&nbsp;0.50%, 06/17/25 | 2000 | 1837700 |
| &nbsp;&nbsp;&nbsp;0.88%, 08/05/30 | 13630 | 11181098 |
| &nbsp;&nbsp;&nbsp;1.63%, 01/07/25 | 10100 | 9611564 |
| &nbsp;&nbsp;&nbsp;1.75%, 07/02/24 | 300 | 288513 |
| &nbsp;&nbsp;&nbsp;1.88%, 09/24/26 | 1025 | 960148 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/05/24 | 1220 | 1192355 |
| &nbsp;&nbsp;&nbsp;2.63%, 09/06/24 | 3005 | 2924857 |
| &nbsp;&nbsp;&nbsp;6.25%, 05/15/29 | 650 | 742053 |
| &nbsp;&nbsp;&nbsp;6.63%, 11/15/30 | 1170 | 1402783 |
| &nbsp;&nbsp;&nbsp;7.25%, 05/15/30 | 585 | 718866 |
| Tennessee Valley Authority |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 05/15/25 | 50 | 46219 |
| &nbsp;&nbsp;&nbsp;1.50%, 09/15/31 | 400 | 326488 |
| &nbsp;&nbsp;&nbsp;2.88%, 09/15/24 | 350 | 340546 |
| &nbsp;&nbsp;&nbsp;3.50%, 12/15/42 | 390 | 337650 |
| &nbsp;&nbsp;&nbsp;5.25%, 09/15/39 | 890 | 968418 |
| &nbsp;&nbsp;&nbsp;5.88%, 04/01/36 | 580 | 671135 |
| &nbsp;&nbsp;&nbsp;7.13%, 05/01/30 | 145 | 173097 |
| &nbsp;&nbsp;&nbsp;Series A, 2.88%, 02/01/27 | 250 | 240807 |
| &nbsp;&nbsp;&nbsp;Series E, 6.75%, 11/01/25 | 115 | 122857 |
|  |  | 64293101 |
| **U.S. Government Obligations — 35.0%** |  |  |
| U.S. Treasury Note/Bond |  |  |
| &nbsp;&nbsp;&nbsp;0.13%, 02/15/24 | 28800 | 27459000 |
| &nbsp;&nbsp;&nbsp;0.25%, 03/15/24 | 47100 | 44833312 |
| &nbsp;&nbsp;&nbsp;0.25%, 05/15/24 | 69200 | 65439953 |
| &nbsp;&nbsp;&nbsp;0.25%, 06/15/24 | 46100 | 43476262 |
| &nbsp;&nbsp;&nbsp;0.25%, 05/31/25 | 3150 | 2886434 |
| &nbsp;&nbsp;&nbsp;0.25%, 06/30/25 | 30000 | 27461719 |
| &nbsp;&nbsp;&nbsp;0.25%, 07/31/25 | 30000 | 27367969 |
| &nbsp;&nbsp;&nbsp;0.25%, 08/31/25 | 38250 | 34798535 |
| &nbsp;&nbsp;&nbsp;0.25%, 09/30/25 | 11000 | 9995391 |
| &nbsp;&nbsp;&nbsp;0.25%, 10/31/25 | 37800 | 34220812 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **U.S. Government Obligations (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;0.38%, 04/15/24 | $85200 | $80973282 |
| &nbsp;&nbsp;&nbsp;0.38%, 07/15/24 | 30300 | 28547098 |
| &nbsp;&nbsp;&nbsp;0.38%, 08/15/24 | 28100 | 26396437 |
| &nbsp;&nbsp;&nbsp;0.38%, 09/15/24 | 74700 | 70051676 |
| &nbsp;&nbsp;&nbsp;0.38%, 04/30/25 | 21000 | 19344609 |
| &nbsp;&nbsp;&nbsp;0.38%, 11/30/25 | 73250 | 66394258 |
| &nbsp;&nbsp;&nbsp;0.38%, 12/31/25 | 124500 | 112779493 |
| &nbsp;&nbsp;&nbsp;0.38%, 01/31/26 | 127800 | 115319531 |
| &nbsp;&nbsp;&nbsp;0.38%, 09/30/27 | 29500 | 25418399 |
| &nbsp;&nbsp;&nbsp;0.50%, 03/31/25 | 20600 | 19088797 |
| &nbsp;&nbsp;&nbsp;0.50%, 02/28/26 | 88500 | 79968047 |
| &nbsp;&nbsp;&nbsp;0.50%, 04/30/27 | 13000 | 11394297 |
| &nbsp;&nbsp;&nbsp;0.50%, 05/31/27 | 3500 | 3058672 |
| &nbsp;&nbsp;&nbsp;0.50%, 08/31/27 | 22000 | 19110781 |
| &nbsp;&nbsp;&nbsp;0.50%, 10/31/27 | 27600 | 23854594 |
| &nbsp;&nbsp;&nbsp;0.63%, 10/15/24 | 61500 | 57776367 |
| &nbsp;&nbsp;&nbsp;0.63%, 07/31/26 | 32000 | 28725000 |
| &nbsp;&nbsp;&nbsp;0.63%, 03/31/27 | 2000 | 1767188 |
| &nbsp;&nbsp;&nbsp;0.63%, 11/30/27 | 38500 | 33425821 |
| &nbsp;&nbsp;&nbsp;0.63%, 12/31/27 | 43400 | 37612203 |
| &nbsp;&nbsp;&nbsp;0.63%, 05/15/30 | 11500 | 9408438 |
| &nbsp;&nbsp;&nbsp;0.63%, 08/15/30 | 20000 | 16284375 |
| &nbsp;&nbsp;&nbsp;0.75%, 11/15/24 | 98360 | 92362346 |
| &nbsp;&nbsp;&nbsp;0.75%, 03/31/26 | 30000 | 27297656 |
| &nbsp;&nbsp;&nbsp;0.75%, 04/30/26 | 33500 | 30385547 |
| &nbsp;&nbsp;&nbsp;0.75%, 05/31/26 | 16500 | 14933789 |
| &nbsp;&nbsp;&nbsp;0.75%, 08/31/26 | 28700 | 25821031 |
| &nbsp;&nbsp;&nbsp;0.75%, 01/31/28 | 137400 | 119559469 |
| &nbsp;&nbsp;&nbsp;0.88%, 06/30/26 | 52000 | 47194063 |
| &nbsp;&nbsp;&nbsp;0.88%, 09/30/26 | 37300 | 33648680 |
| &nbsp;&nbsp;&nbsp;0.88%, 11/15/30 | 54825 | 45316289 |
| &nbsp;&nbsp;&nbsp;1.00%, 12/15/24 | 93040 | 87621147 |
| &nbsp;&nbsp;&nbsp;1.00%, 07/31/28 | 37100 | 32317578 |
| &nbsp;&nbsp;&nbsp;1.13%, 01/15/25 | 129050 | 121614502 |
| &nbsp;&nbsp;&nbsp;1.13%, 02/28/25 | 18600 | 17489813 |
| &nbsp;&nbsp;&nbsp;1.13%, 10/31/26 | 54000 | 49089375 |
| &nbsp;&nbsp;&nbsp;1.13%, 02/29/28 | 72400 | 64090969 |
| &nbsp;&nbsp;&nbsp;1.13%, 08/31/28 | 43400 | 37995344 |
| &nbsp;&nbsp;&nbsp;1.13%, 02/15/31 | 57000 | 48004687 |
| &nbsp;&nbsp;&nbsp;1.13%, 05/15/40 | 116600 | 77702969 |
| &nbsp;&nbsp;&nbsp;1.13%, 08/15/40 | 20800 | 13786500 |
| &nbsp;&nbsp;&nbsp;1.25%, 08/31/24 | 6950 | 6612002 |
| &nbsp;&nbsp;&nbsp;1.25%, 11/30/26 | 36900 | 33653953 |
| &nbsp;&nbsp;&nbsp;1.25%, 12/31/26 | 50500 | 45986562 |
| &nbsp;&nbsp;&nbsp;1.25%, 03/31/28 | 57000 | 50698828 |
| &nbsp;&nbsp;&nbsp;1.25%, 04/30/28 | 34400 | 30546125 |
| &nbsp;&nbsp;&nbsp;1.25%, 05/31/28 | 45100 | 39980446 |
| &nbsp;&nbsp;&nbsp;1.25%, 06/30/28 | 86400 | 76470750 |
| &nbsp;&nbsp;&nbsp;1.25%, 09/30/28 | 102900 | 90560040 |
| &nbsp;&nbsp;&nbsp;1.25%, 08/15/31 | 64700 | 54297453 |
| &nbsp;&nbsp;&nbsp;1.25%, 05/15/50 | 37200 | 21866625 |
| &nbsp;&nbsp;&nbsp;1.38%, 01/31/25 | 18800 | 17796844 |
| &nbsp;&nbsp;&nbsp;1.38%, 08/31/26 | 5600 | 5154625 |
| &nbsp;&nbsp;&nbsp;1.38%, 10/31/28 | 36600 | 32396719 |
| &nbsp;&nbsp;&nbsp;1.38%, 12/31/28 | 39580 | 34969549 |
| &nbsp;&nbsp;&nbsp;1.38%, 11/15/31 | 101850 | 85904109 |
| &nbsp;&nbsp;&nbsp;1.38%, 11/15/40 | 27620 | 19096641 |
| &nbsp;&nbsp;&nbsp;1.38%, 08/15/50 | 21000 | 12731250 |
| &nbsp;&nbsp;&nbsp;1.50%, 09/30/24 | 20000 | 19085938 |
| &nbsp;&nbsp;&nbsp;1.50%, 10/31/24 | 14400 | 13716562 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **U.S. Government Obligations (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 11/30/24 | $27300 | $25972324 |
| &nbsp;&nbsp;&nbsp;1.50%, 02/15/25 | 41500 | 39334219 |
| &nbsp;&nbsp;&nbsp;1.50%, 08/15/26 | 15270 | 14125943 |
| &nbsp;&nbsp;&nbsp;1.50%, 01/31/27 | 67140 | 61669139 |
| &nbsp;&nbsp;&nbsp;1.50%, 11/30/28 | 79800 | 71034469 |
| &nbsp;&nbsp;&nbsp;1.63%, 02/15/26 | 35450 | 33181754 |
| &nbsp;&nbsp;&nbsp;1.63%, 05/15/26 | 15300 | 14272031 |
| &nbsp;&nbsp;&nbsp;1.63%, 08/15/29 | 24600 | 21913219 |
| &nbsp;&nbsp;&nbsp;1.63%, 05/15/31 | 81310 | 70752405 |
| &nbsp;&nbsp;&nbsp;1.63%, 11/15/50 | 42650 | 27602547 |
| &nbsp;&nbsp;&nbsp;1.75%, 06/30/24 | 13600 | 13079906 |
| &nbsp;&nbsp;&nbsp;1.75%, 07/31/24 | 7980 | 7663294 |
| &nbsp;&nbsp;&nbsp;1.75%, 12/31/24 | 27840 | 26587200 |
| &nbsp;&nbsp;&nbsp;1.75%, 03/15/25 | 28740 | 27359133 |
| &nbsp;&nbsp;&nbsp;1.75%, 01/31/29 | 31500 | 28386914 |
| &nbsp;&nbsp;&nbsp;1.75%, 11/15/29 | 5100 | 4571672 |
| &nbsp;&nbsp;&nbsp;1.75%, 08/15/41 | 45700 | 33268172 |
| &nbsp;&nbsp;&nbsp;1.88%, 08/31/24 | 18800 | 18061219 |
| &nbsp;&nbsp;&nbsp;1.88%, 07/31/26 | 20000 | 18771875 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/28/27 | 28000 | 26072813 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/28/29 | 31000 | 28115547 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/15/32 | 105900 | 92976891 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/15/41 | 61050 | 45854273 |
| &nbsp;&nbsp;&nbsp;1.88%, 02/15/51 | 75000 | 51691406 |
| &nbsp;&nbsp;&nbsp;1.88%, 11/15/51 | 77900 | 53471047 |
| &nbsp;&nbsp;&nbsp;2.00%, 05/31/24 | 39250 | 37925312 |
| &nbsp;&nbsp;&nbsp;2.00%, 06/30/24 | 7700 | 7429898 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/15/25 | 32561 | 31180085 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/15/25 | 44200 | 42079781 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/15/26 | 31850 | 29889234 |
| &nbsp;&nbsp;&nbsp;2.00%, 11/15/41 | 42240 | 32082600 |
| &nbsp;&nbsp;&nbsp;2.00%, 02/15/50 | 23000 | 16430625 |
| &nbsp;&nbsp;&nbsp;2.00%, 08/15/51 | 64700 | 45876344 |
| &nbsp;&nbsp;&nbsp;2.13%, 02/29/24 | 9500 | 9237266 |
| &nbsp;&nbsp;&nbsp;2.13%, 03/31/24 | 12900 | 12523078 |
| &nbsp;&nbsp;&nbsp;2.13%, 07/31/24 | 1500 | 1448672 |
| &nbsp;&nbsp;&nbsp;2.13%, 11/30/24 | 25000 | 24052734 |
| &nbsp;&nbsp;&nbsp;2.13%, 05/15/25 | 24900 | 23837859 |
| &nbsp;&nbsp;&nbsp;2.13%, 05/31/26 | 3000 | 2845078 |
| &nbsp;&nbsp;&nbsp;2.25%, 04/30/24 | 11300 | 10972035 |
| &nbsp;&nbsp;&nbsp;2.25%, 10/31/24 | 4400 | 4245484 |
| &nbsp;&nbsp;&nbsp;2.25%, 11/15/24 | 33340 | 32167891 |
| &nbsp;&nbsp;&nbsp;2.25%, 12/31/24 | 34510 | 33248228 |
| &nbsp;&nbsp;&nbsp;2.25%, 11/15/25 | 22250 | 21285254 |
| &nbsp;&nbsp;&nbsp;2.25%, 02/15/27 | 36050 | 34120762 |
| &nbsp;&nbsp;&nbsp;2.25%, 08/15/27 | 32050 | 30192102 |
| &nbsp;&nbsp;&nbsp;2.25%, 11/15/27 | 40730 | 38279836 |
| &nbsp;&nbsp;&nbsp;2.25%, 05/15/41 | 36000 | 28698750 |
| &nbsp;&nbsp;&nbsp;2.25%, 08/15/46 | 55700 | 42532172 |
| &nbsp;&nbsp;&nbsp;2.25%, 08/15/49 | 26000 | 19707187 |
| &nbsp;&nbsp;&nbsp;2.25%, 02/15/52 | 60630 | 45576708 |
| &nbsp;&nbsp;&nbsp;2.38%, 02/29/24 | 45500 | 44371387 |
| &nbsp;&nbsp;&nbsp;2.38%, 08/15/24 | 22200 | 21507984 |
| &nbsp;&nbsp;&nbsp;2.38%, 05/15/27 | 23880 | 22654284 |
| &nbsp;&nbsp;&nbsp;2.38%, 03/31/29 | 32350 | 30173957 |
| &nbsp;&nbsp;&nbsp;2.38%, 05/15/29 | 37500 | 34951172 |
| &nbsp;&nbsp;&nbsp;2.38%, 02/15/42 | 35900 | 29028516 |
| &nbsp;&nbsp;&nbsp;2.38%, 11/15/49 | 19000 | 14778438 |
| &nbsp;&nbsp;&nbsp;2.38%, 05/15/51 | 44000 | 34093125 |
| &nbsp;&nbsp;&nbsp;2.50%, 04/30/24 | 5450 | 5308215 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **U.S. Government Obligations (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;2.50%, 05/15/24 | $41050 | $39956403 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/31/24 | 54000 | 52525547 |
| &nbsp;&nbsp;&nbsp;2.50%, 01/31/25 | 13300 | 12869828 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/28/26 | 14000 | 13450938 |
| &nbsp;&nbsp;&nbsp;2.50%, 03/31/27 | 38000 | 36257344 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/15/45 | 53850 | 43416562 |
| &nbsp;&nbsp;&nbsp;2.50%, 02/15/46 | 47345 | 38038507 |
| &nbsp;&nbsp;&nbsp;2.50%, 05/15/46 | 26163 | 21016569 |
| &nbsp;&nbsp;&nbsp;2.63%, 04/15/25 | 20000 | 19376563 |
| &nbsp;&nbsp;&nbsp;2.63%, 12/31/25 | 18100 | 17500438 |
| &nbsp;&nbsp;&nbsp;2.63%, 01/31/26 | 15100 | 14582117 |
| &nbsp;&nbsp;&nbsp;2.63%, 05/31/27 | 40000 | 38334375 |
| &nbsp;&nbsp;&nbsp;2.63%, 02/15/29 | 24689 | 23383183 |
| &nbsp;&nbsp;&nbsp;2.63%, 07/31/29 | 24680 | 23328384 |
| &nbsp;&nbsp;&nbsp;2.75%, 02/15/24 | 30600 | 29978437 |
| &nbsp;&nbsp;&nbsp;2.75%, 02/28/25 | 17300 | 16814789 |
| &nbsp;&nbsp;&nbsp;2.75%, 05/15/25 | 20000 | 19426563 |
| &nbsp;&nbsp;&nbsp;2.75%, 06/30/25 | 10000 | 9709375 |
| &nbsp;&nbsp;&nbsp;2.75%, 08/31/25 | 13500 | 13090781 |
| &nbsp;&nbsp;&nbsp;2.75%, 04/30/27 | 9100 | 8765148 |
| &nbsp;&nbsp;&nbsp;2.75%, 07/31/27 | 10000 | 9627344 |
| &nbsp;&nbsp;&nbsp;2.75%, 02/15/28 | 57700 | 55373969 |
| &nbsp;&nbsp;&nbsp;2.75%, 05/31/29 | 22410 | 21350777 |
| &nbsp;&nbsp;&nbsp;2.75%, 08/15/32 | 65500 | 61662109 |
| &nbsp;&nbsp;&nbsp;2.75%, 08/15/42 | 13450 | 11512359 |
| &nbsp;&nbsp;&nbsp;2.75%, 11/15/42 | 18800 | 16056375 |
| &nbsp;&nbsp;&nbsp;2.75%, 08/15/47 | 22800 | 19155563 |
| &nbsp;&nbsp;&nbsp;2.75%, 11/15/47 | 24100 | 20255297 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/30/25 | 19900 | 19377625 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/31/25 | 20400 | 19859719 |
| &nbsp;&nbsp;&nbsp;2.88%, 06/15/25 | 34480 | 33588369 |
| &nbsp;&nbsp;&nbsp;2.88%, 07/31/25 | 10000 | 9736719 |
| &nbsp;&nbsp;&nbsp;2.88%, 11/30/25 | 16800 | 16336688 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/15/28 | 32000 | 30847500 |
| &nbsp;&nbsp;&nbsp;2.88%, 08/15/28 | 47650 | 45870570 |
| &nbsp;&nbsp;&nbsp;2.88%, 04/30/29 | 28460 | 27317153 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/15/32 | 79000 | 75284531 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/15/43 | 8800 | 7657375 |
| &nbsp;&nbsp;&nbsp;2.88%, 08/15/45 | 12950 | 11151164 |
| &nbsp;&nbsp;&nbsp;2.88%, 11/15/46 | 64050 | 55143047 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/15/49 | 2000 | 1727188 |
| &nbsp;&nbsp;&nbsp;2.88%, 05/15/52 | 59000 | 50878281 |
| &nbsp;&nbsp;&nbsp;3.00%, 06/30/24 | 46000 | 45020703 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/31/24 | 39700 | 38842418 |
| &nbsp;&nbsp;&nbsp;3.00%, 07/15/25 | 23500 | 22947383 |
| &nbsp;&nbsp;&nbsp;3.00%, 09/30/25 | 50100 | 48878812 |
| &nbsp;&nbsp;&nbsp;3.00%, 10/31/25 | 38250 | 37311680 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/42 | 5950 | 5316883 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/15/44 | 23335 | 20578553 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/45 | 12200 | 10737906 |
| &nbsp;&nbsp;&nbsp;3.00%, 11/15/45 | 14300 | 12572828 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/15/47 | 18950 | 16678961 |
| &nbsp;&nbsp;&nbsp;3.00%, 05/15/47 | 16950 | 14913352 |
| &nbsp;&nbsp;&nbsp;3.00%, 02/15/48 | 26000 | 22920625 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/15/48 | 18150 | 16003195 |
| &nbsp;&nbsp;&nbsp;3.00%, 08/15/52 | 38000 | 33641875 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/15/25 | 38700 | 37901812 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/31/27 | 31000 | 30331562 |
| &nbsp;&nbsp;&nbsp;3.13%, 11/15/28 | 8500 | 8284180 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/31/29 | 58500 | 56946094 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **U.S. Government Obligations (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;3.13%, 11/15/41 | $7510 | $6882211 |
| &nbsp;&nbsp;&nbsp;3.13%, 02/15/42 | 5850 | 5343609 |
| &nbsp;&nbsp;&nbsp;3.13%, 02/15/43 | 9000 | 8160469 |
| &nbsp;&nbsp;&nbsp;3.13%, 08/15/44 | 6380 | 5748978 |
| &nbsp;&nbsp;&nbsp;3.13%, 05/15/48 | 24300 | 21934547 |
| &nbsp;&nbsp;&nbsp;3.25%, 08/31/24 | 6000 | 5891953 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/30/27 | 16000 | 15726250 |
| &nbsp;&nbsp;&nbsp;3.25%, 06/30/29 | 37000 | 36283125 |
| &nbsp;&nbsp;&nbsp;3.25%, 05/15/42 | 20050 | 18596375 |
| &nbsp;&nbsp;&nbsp;3.38%, 08/15/42 | 20180 | 19073253 |
| &nbsp;&nbsp;&nbsp;3.38%, 05/15/44 | 1870 | 1754878 |
| &nbsp;&nbsp;&nbsp;3.38%, 11/15/48 | 3000 | 2835469 |
| &nbsp;&nbsp;&nbsp;3.50%, 09/15/25 | 46600 | 46083031 |
| &nbsp;&nbsp;&nbsp;3.50%, 01/31/30 | 20000 | 19937500 |
| &nbsp;&nbsp;&nbsp;3.50%, 02/15/39 | 3750 | 3709570 |
| &nbsp;&nbsp;&nbsp;3.63%, 08/15/43 | 16500 | 16139063 |
| &nbsp;&nbsp;&nbsp;3.63%, 02/15/44 | 3700 | 3609813 |
| &nbsp;&nbsp;&nbsp;3.75%, 08/15/41 | 9000 | 9052031 |
| &nbsp;&nbsp;&nbsp;3.75%, 11/15/43 | 7000 | 6965000 |
| &nbsp;&nbsp;&nbsp;3.88%, 11/30/27 | 25000 | 25292969 |
| &nbsp;&nbsp;&nbsp;3.88%, 12/31/27 | 20000 | 20229688 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/30/29 | 36030 | 36654895 |
| &nbsp;&nbsp;&nbsp;3.88%, 11/30/29 | 48600 | 49496062 |
| &nbsp;&nbsp;&nbsp;3.88%, 08/15/40 | 3400 | 3500938 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/15/25 | 70000 | 70224219 |
| &nbsp;&nbsp;&nbsp;4.00%, 10/31/29 | 29590 | 30338997 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/42 | 18800 | 19425688 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/52 | 39000 | 41711719 |
| &nbsp;&nbsp;&nbsp;4.13%, 09/30/27 | 33800 | 34489203 |
| &nbsp;&nbsp;&nbsp;4.13%, 11/15/32 | 84700 | 89146750 |
| &nbsp;&nbsp;&nbsp;4.25%, 09/30/24 | 15900 | 15864598 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/31/24 | 50000 | 50001953 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/15/25 | 72880 | 73443682 |
| &nbsp;&nbsp;&nbsp;4.25%, 11/15/40 | 3500 | 3775078 |
| &nbsp;&nbsp;&nbsp;4.38%, 10/31/24 | 5100 | 5102191 |
| &nbsp;&nbsp;&nbsp;4.38%, 02/15/38 | 1000 | 1097031 |
| &nbsp;&nbsp;&nbsp;4.38%, 11/15/39 | 3000 | 3292031 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/15/40 | 3650 | 3999031 |
| &nbsp;&nbsp;&nbsp;4.38%, 05/15/41 | 7600 | 8330313 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/30/24 | 30000 | 30100781 |
| &nbsp;&nbsp;&nbsp;4.50%, 11/15/25 | 30000 | 30452344 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/15/36 | 3400 | 3778781 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/38 | 2900 | 3223984 |
| &nbsp;&nbsp;&nbsp;4.50%, 08/15/39 | 10000 | 11143750 |
| &nbsp;&nbsp;&nbsp;4.63%, 02/15/40 | 2050 | 2319063 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/41 | 4350 | 4993664 |
| &nbsp;&nbsp;&nbsp;5.00%, 05/15/37 | 21500 | 25060937 |
| &nbsp;&nbsp;&nbsp;5.25%, 11/15/28 | 10500 | 11375273 |
| &nbsp;&nbsp;&nbsp;5.25%, 02/15/29 | 1700 | 1845164 |
| &nbsp;&nbsp;&nbsp;5.50%, 08/15/28 | 5500 | 6001016 |
| &nbsp;&nbsp;&nbsp;6.00%, 02/15/26 | 1700 | 1800406 |
| &nbsp;&nbsp;&nbsp;6.38%, 08/15/27 | 3400 | 3772672 |
| &nbsp;&nbsp;&nbsp;6.50%, 11/15/26 | 1000 | 1094844 |
| &nbsp;&nbsp;&nbsp;6.63%, 02/15/27 | 2000 | 2212969 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* | *Par/<br> Shares <br> (000)* | *Par/<br> Shares <br> (000)* | *Value* |
| **U.S. Government Obligations (continued)** |  |  |  |
| U.S. Treasury Notes |  |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 01/31/28 | $| 20000 | $19912500 |
| &nbsp;&nbsp;&nbsp;3.88%, 12/31/29 |  | 52000 | 53007500 |
|  |  |  | 7275577194 |
| **Total U.S. Government & Agency Obligations — 59.9%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $13,451,924,564)** |  |  | 12440096351 |
| **Common Stocks** |  |  |  |
| **Health Care Technology — 0.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;Quincy Health LLC<sup>(i)</sup> |  | 1 |  |
| **Total Common Stocks — 0.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost $49,536)** |  |  |  |
| **Total Long-Term Investments — 99.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $22,527,676,515)** |  |  | 20614468408 |
| **Short-Term Securities** |  |  |  |
| **Money Market Funds — 6.1%** |  |  |  |
| BlackRock Cash Funds: Institutional, SL Agency Shares, 4.56%<sup>(o)(p)</sup> |  | 1103351 | 1104012767 |
| BlackRock Cash Funds: Treasury, SL Agency Shares, 4.18%<sup>(o)(p)(q)</sup> |  | 151099 | 151098984 |
| **Total Short-Term Securities — 6.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $1,254,446,929)** |  |  | 1255111751 |
| **Total Investments Before TBA Sales Commitments — 105.3%** | **Total Investments Before TBA Sales Commitments — 105.3%** | **Total Investments Before TBA Sales Commitments — 105.3%** |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $23,782,123,444)** |  |  | 21869580159 |
| **TBA Sales Commitments<sup>(m)</sup>** |  |  |  |
| **Mortgage-Backed Securities — (0.5)%** |  |  |  |
| Uniform Mortgage-Backed Securities |  |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 02/13/53 |  | (6750) | (5390508) |
| &nbsp;&nbsp;&nbsp;2.00%, 02/13/53 |  | (24725) | (20780590) |
| &nbsp;&nbsp;&nbsp;3.50%, 02/13/53 |  | (10000) | (9377525) |

---

---

| | | | |
|:---|:---|:---|:---|
| *Security* | *<br> Par <br> (000)* | *<br> Par <br> (000)* | *Value* |
| **Mortgage-Backed Securities (continued)** |  |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 02/13/53 | $| (32000) | $(30900000) |
| &nbsp;&nbsp;&nbsp;5.00%, 02/13/53 |  | (20000) | (20073437) |
| &nbsp;&nbsp;&nbsp;5.50%, 02/13/53 |  | (25148) | (25554690) |
| **Total TBA Sales Commitments — (0.5)%** |  |  |  |
| &nbsp;&nbsp;&nbsp;**(Proceeds: $(112058465))** |  |  | (112076750) |
| **Total Investments, Net of TBA Sales Commitments — 104.8%** | **Total Investments, Net of TBA Sales Commitments — 104.8%** | **Total Investments, Net of TBA Sales Commitments — 104.8%** |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $23,670,064,979)** |  |  | 21757503409 |
| **Liabilities in Excess of Other Assets — (4.8)%** |  |  | (982002366) |
| **Net Assets — 100.0%** |  |  | $20775501043 |

---

<sup>(a)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

<sup>(b)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

<sup>(c)</sup> All or a portion of this security is on loan.

<sup>(d)</sup> This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

<sup>(e)</sup> Zero-coupon bond.

<sup>(f)</sup> Perpetual security with no stated maturity date.

<sup>(g)</sup> 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.

<sup>(h)</sup> Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

<sup>(i)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

<sup>(j)</sup> Issuer filed for bankruptcy and/or is in default.

<sup>(k)</sup> Non-income producing security.

<sup>(l)</sup> U.S. dollar denominated security issued by foreign domiciled entity.

<sup>(m)</sup> Represents or includes a TBA transaction.

<sup>(n)</sup> All or a portion of the security has been pledged as collateral in connection with outstanding TBA commitments.

<sup>(o)</sup> Affiliate of the Fund.

<sup>(p)</sup> Annualized 7-day yield as of period end.

<sup>(q)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at <br> 10/31/22* | *Purchases <br> at Cost* | *Proceeds <br> from Sale* | *Net Realized <br> Gain (Loss)* | *Change in <br> Unrealized <br> Appreciation <br> (Depreciation)* | *Value at <br> 01/31/23* | *Shares <br> Held at <br> 01/31/23 <br> (000)* | *Income* | *Capital Gain <br> Distributions from <br> Underlying Funds* |
| BlackRock Cash Funds: Institutional, SL Agency Shares | $1112744206 | $— | $(9495530)<sup>(a)</sup> | $279 | $763812 | $1104012767 | 1103351 | $10598086 | $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 227937785 |  | (76838801)<sup>(a)</sup> |  |  | 151098984 | 151099 | 644355 <sup>(b)</sup> |  |
|  |  |  |  | $279 | $763812 | $1255111751 |  | $11242441 | $— |

---

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> Core Total USD Bond Market ETF** |
| January 31, 2023 |  |

---

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

● Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

● Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | $— | $66986909 | $— | $66986909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collaterized Mortgage Obligations |  | 163493373 |  | 163493373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds & Notes |  | 6875646596 |  | 6875646596 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Government Obligations |  | 974124438 |  | 974124438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Municipal Debt Obligations |  | 94120741 |  | 94120741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government & Agency Obligations |  | 12440096351 |  | 12440096351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-Term Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 1255111751 |  |  | 1255111751 |
| Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TBA Sales Commitments |  | (112076750) |  | (112076750) |
|  | $1255111751 | $20502391658 | $— | $21757503409 |

---

**Portfolio Abbreviation**

---

| | | | |
|:---|:---|:---|:---|
| AGM | Assured Guaranty Municipal Corp. | PIK | Payment-in-kind |
| BAB | Build America Bond | PJSC | Public Joint Stock Company |
| BAM | Build America Mutual Assurance Co. | RB | Revenue Bond |
| CMT | Constant Maturity Treasury | REIT | Real Estate Investment Trust |
| GO | General Obligation | SAP | Subject to Appropriations |
| GOL | General Obligation Limited | SCA | Svenska Celluosa Aktiebolaget |
| JSC | Joint Stock Company | SOFR | Secured Overnight Financing Rate |
| LIBOR | London Interbank Offered Rate | TBA | To-Be-Announced |
| NPFGC | National Public Finance Guarantee Corp. |  |  |
| OJSC | Open Joint Stock Company |  |  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

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

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** iShares Core Total USD Bond Market ETF

- **b. EDGAR series identifier (if any):** S000045644

- **c. LEI of Series:** 549300IWM5U5LVTDP761

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $22373577709.79

**Total Liabilities:** $1510072642.57

**Net Assets:** $20863505067.22

**Delayed Delivery Securities:** $11575472.56

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 17259.14000000 | **1-Year:** 237320.33000000 | **5-Year:** 2429040.38000000 | **10-Year:** 3084994.16000000 | **30-Year:** 2144667.73000000

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

- **3-Month:** 146.52000000 | **1-Year:** 30829.34000000 | **5-Year:** 394929.10000000 | **10-Year:** 85355.41000000 | **30-Year:** 109932.61000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000141927 | 3.75%                | -0.52%               | 3.25%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6645661.02             | $640443617.18                              |
| Month 2  | $17428385.34             | $-171971515.09                             |
| Month 3  | $-12206328.71            | $588850849.66                              |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Universal Index

- **Index Identifier:** LC07TRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| INVERSIONES CMPC SA                                                              | Inversiones CMPC SA                                                              | CUSIP: 000000000<br>LEI: 549300G475ACIABB4385 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $559338.00     | 0.00%             | 2030-01-13      | Fixed         | 3.85%                 | No            |                  2 | On Loan: —       |
| UNITED AIRLINES INC                                                              | United Airlines Inc                                                              | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    1245000 | PA      | $1182650.40    | 0.01%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAQ2<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     815000 | PA      | $706197.50     | 0.00%             | 2030-01-16      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Nucor Corp                                                                       | Nucor Corp                                                                       | CUSIP: 670346AQ8<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9144.60       | 0.00%             | 2048-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BOC AVIATION LTD                                                                 | BOC Aviation Ltd                                                                 | CUSIP: 09681MAJ7<br>LEI: 254900H06V5RMEB3KE72 | Long             | DBT              | CORP              | SG        |     600000 | PA      | $582720.00     | 0.00%             | 2024-10-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc                                                            | Micron Technology Inc                                                            | CUSIP: 595112BN2<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     674000 | PA      | $678596.68     | 0.00%             | 2029-02-06      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAC5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     507000 | PA      | $488910.24     | 0.00%             | 2026-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                         | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     635000 | PA      | $557599.85     | 0.00%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                  | CUSIP: 98389BAW0<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |     410000 | PA      | $360377.70     | 0.00%             | 2029-12-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6NX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8021496 | PA      | $7336202.73    | 0.04%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE                                                                   | Brink's Co/The                                                                   | CUSIP: 109696AB0<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |     340000 | PA      | $335811.20     | 0.00%             | 2025-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKP3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1560000 | PA      | $1525695.60    | 0.01%             | 2028-04-27      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Baidu Inc                                                                        | Baidu Inc                                                                        | CUSIP: 056752AL2<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |     284000 | PA      | $276508.08     | 0.00%             | 2028-03-29      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DIFC SUKUK                                                                       | DIFC Sukuk Ltd                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | AE        |     400000 | PA      | $395356.00     | 0.00%             | 2024-11-12      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RBL1<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     510000 | PA      | $489263.40     | 0.00%             | 2044-12-15      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| GUOHUI INTERNATION BVI                                                           | Guohui International Bvi Co Ltd                                                  | CUSIP: 000000000<br>LEI: 3003006FL4AR64A4TT83 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $365528.00     | 0.00%             | 2025-08-27      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CK5<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     531000 | PA      | $484755.21     | 0.00%             | 2044-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828YD6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5600000 | PA      | $5154625.00    | 0.02%             | 2026-08-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EM1<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    1160000 | PA      | $1082291.60    | 0.01%             | 2030-02-04      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| AMERISOURCEBERGEN CORP                                                           | AmerisourceBergen Corp                                                           | CUSIP: 03073EAT2<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |     390000 | PA      | $338703.30     | 0.00%             | 2031-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAW5<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     596000 | PA      | $534296.12     | 0.00%             | 2030-05-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XXHD4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     224420 | PA      | $214493.23     | 0.00%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAE3<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |     555000 | PA      | $525523.95     | 0.00%             | 2027-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ALPEK SA DE CV                                                                   | Alpek SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300PWKJTP62D4IQ66 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $506010.00     | 0.00%             | 2031-02-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| CONTEMPRY RUIDNG DEVELOP                                                         | Contemporary Ruiding Development Ltd                                             | CUSIP: 000000000<br>LEI: 549300MSU00BINFBY870 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $731968.00     | 0.00%             | 2025-09-17      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Southwest Gas Corp                                                               | Southwest Gas Corp                                                               | CUSIP: 844895AX0<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |     205000 | PA      | $154699.15     | 0.00%             | 2046-09-29      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QQLR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3365067 | PA      | $3424228.89    | 0.02%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manulife Financial Corp                                                          | Manulife Financial Corp                                                          | CUSIP: 56501RAC0<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |    1428000 | PA      | $1412149.20    | 0.01%             | 2026-03-04      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-3 A PTT                                                          | American Airlines 2016-3 Class A Pass Through Trust                              | CUSIP: 023771S25<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     151496 | PA      | $122347.96     | 0.00%             | 2028-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FIVE CORNERS FND TR II                                                           | Five Corners Funding Trust II                                                    | CUSIP: 33834DAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     843000 | PA      | $730611.24     | 0.00%             | 2030-05-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| GREENKO SOLAR MAURITIUS                                                          | Greenko Solar Mauritius Ltd                                                      | CUSIP: 000000000<br>LEI: 2138007S1PL541B3KP92 | Long             | DBT              | CORP              | MU        |     200000 | PA      | $187294.00     | 0.00%             | 2026-07-29      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                                                           | Export-Import Bank of India                                                      | CUSIP: 30216KAE2<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |    1000000 | PA      | $890550.00     | 0.00%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCJ2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     375000 | PA      | $305426.25     | 0.00%             | 2032-11-02      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY BANK                                                                   | Synchrony Bank                                                                   | CUSIP: 87166FAE3<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |     875000 | PA      | $871088.75     | 0.00%             | 2027-08-23      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAT1<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     445000 | PA      | $343931.60     | 0.00%             | 2051-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp                                                               | Valero Energy Corp                                                               | CUSIP: 91913YAE0<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     465000 | PA      | $541604.10     | 0.00%             | 2032-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| INCHEON INTL AIRPORT                                                             | Incheon International Airport Corp                                               | CUSIP: 000000000<br>LEI: 9884003RVIY5SVDZFM51 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $178200.00     | 0.00%             | 2026-05-04      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1255000 | PA      | $1019750.25    | 0.00%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAZ8<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     600000 | PA      | $455202.00     | 0.00%             | 2051-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAL8<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $786640.00     | 0.00%             | 2024-04-11      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MER1<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     120000 | PA      | $99868.80      | 0.00%             | 2043-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                                                         | National Retail Properties Inc                                                   | CUSIP: 637417AP1<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |     380000 | PA      | $253391.60     | 0.00%             | 2050-04-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607HR61<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |      10000 | PA      | $9575.80       | 0.00%             | 2027-04-07      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| RICE UNIVERSITY                                                                  | William Marsh Rice University                                                    | CUSIP: 96926GAD5<br>LEI: 549300QPVG49ONTSJJ20 | Long             | DBT              | CORP              | US        |     300000 | PA      | $266997.00     | 0.00%             | 2055-05-15      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| Republic of Paraguay                                                             | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     830000 | PA      | $824961.90     | 0.00%             | 2044-08-11      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNVC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3254854 | PA      | $3277760.54    | 0.02%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 925524AV2<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     300000 | PA      | $282495.00     | 0.00%             | 2033-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                               | CUSIP: 032654AW5<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     310000 | PA      | $240343.00     | 0.00%             | 2041-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                                                  | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     800000 | PA      | $736048.00     | 0.00%             | 2026-06-08      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SF HOLDING INVESTMENT                                                            | SF Holding Investment Ltd                                                        | CUSIP: 000000000<br>LEI: 3003007DY4RTZM59GQ78 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $523860.00     | 0.00%             | 2030-02-20      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                                                          | Office Properties Income Trust                                                   | CUSIP: 67623CAD1<br>LEI: N/A                  | Long             | DBT              |  | US        |     240000 | PA      | $193173.60     | 0.00%             | 2026-06-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                                                              | Diebold Nixdorf Inc                                                              | CUSIP: 253651AH6<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |     269630 | PA      | $139290.86     | 0.00%             | 2026-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                                                          | INEOS Quattro Finance 2 Plc                                                      | CUSIP: 45674GAA2<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |     300000 | PA      | $275253.00     | 0.00%             | 2026-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                                              | Travel + Leisure Co                                                              | CUSIP: 98310WAM0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     278000 | PA      | $277455.12     | 0.00%             | 2025-10-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| WISCONSIN PUBLIC SERVICE                                                         | Wisconsin Public Service Corp                                                    | CUSIP: 976843BN1<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |     400000 | PA      | $278068.00     | 0.00%             | 2051-12-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CHINA GRT WALL INTL III                                                          | China Great Wall International Holdings III Ltd                                  | CUSIP: 000000000<br>LEI: 254900Z04YK19SP3M967 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $358912.00     | 0.00%             | 2027-08-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   29000000 | PA      | $31016406.25   | 0.15%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                                         | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     420000 | PA      | $360864.00     | 0.00%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8W50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3087092 | PA      | $2813515.14    | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2019-B10 Mortgage Trust                                                | CUSIP: 08162VAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5000000 | PA      | $4733311.25    | 0.02%             | 2062-03-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| HERENS HOLDCO SARL                                                               | Herens Holdco Sarl                                                               | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |     220000 | PA      | $180624.40     | 0.00%             | 2028-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| INTELLIGENT PACKAGING                                                            | Intelligent Packaging Ltd Finco Inc / Intelligent Packaging Ltd Co-Issuer LLC    | CUSIP: 45827MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     465000 | PA      | $414714.90     | 0.00%             | 2028-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                                                           | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     390000 | PA      | $362532.30     | 0.00%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                                                          | KeyCorp                                                                          | CUSIP: 49326EEJ8<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |     820000 | PA      | $714302.00     | 0.00%             | 2029-10-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                                                        | PG&E Corp                                                                        | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     670000 | PA      | $626778.30     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Liberty Interactive LLC                                                          | Liberty Interactive LLC                                                          | CUSIP: 530715AJ0<br>LEI: 549300SZUIU7Z32Q0664 | Long             | DBT              | CORP              | US        |     350000 | PA      | $163460.50     | 0.00%             | 2030-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2223000 | PA      | $1720468.62    | 0.01%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                                                             | Saudi Arabian Oil Co                                                             | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    1800000 | PA      | $1528164.00    | 0.01%             | 2030-11-24      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD                                                         | Alimentation Couche-Tard Inc                                                     | CUSIP: 01626PAG1<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |     330000 | PA      | $277193.40     | 0.00%             | 2047-07-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAF1<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     766000 | PA      | $727232.74     | 0.00%             | 2027-09-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| KOREA WATER RESOURCES                                                            | Korea Water Resources Corp                                                       | CUSIP: 000000000<br>LEI: 98840035IHSMZZ2TP220 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $193764.00     | 0.00%             | 2025-04-27      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599AX2<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |     225000 | PA      | $216072.00     | 0.00%             | 2027-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAW9<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    1495000 | PA      | $1328083.25    | 0.01%             | 2026-07-14      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| EL PASO NATURAL GAS                                                              | El Paso Natural Gas Co LLC                                                       | CUSIP: 283695BQ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     675000 | PA      | $587560.50     | 0.00%             | 2032-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PRICOA GLOBAL FUNDING 1                                                          | Pricoa Global Funding I                                                          | CUSIP: 74153WCL1<br>LEI: 635400IBXEBMD9ADYA79 | Long             | DBT              | CORP              | US        |     820000 | PA      | $786831.00     | 0.00%             | 2024-09-23      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBU8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     955000 | PA      | $884511.45     | 0.00%             | 2027-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| CF Industries Inc                                                                | CF Industries Inc                                                                | CUSIP: 12527GAD5<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |     541000 | PA      | $492807.72     | 0.00%             | 2043-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                           | Cox Communications Inc                                                           | CUSIP: 224044CC9<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     805000 | PA      | $694634.50     | 0.00%             | 2043-06-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     330000 | PA      | $307550.10     | 0.00%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MIRAE ASSET SECURITIES                                                           | Mirae Asset Securities Co Ltd                                                    | CUSIP: 000000000<br>LEI: 98840072S6T63E2V1291 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $181072.00     | 0.00%             | 2025-07-30      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400HM8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     225000 | PA      | $194733.00     | 0.00%             | 2032-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31307PVG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      75585 | PA      | $73126.98      | 0.00%             | 2030-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QCK6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1737000 | PA      | $1522949.49    | 0.01%             | 2028-02-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YBH3<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |     345000 | PA      | $328226.10     | 0.00%             | 2025-02-14      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBH8<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     853000 | PA      | $709696.00     | 0.00%             | 2030-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC BOR ESC                                                         | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     604000 | PA      | $539945.80     | 0.00%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                                | Brown & Brown Inc                                                                | CUSIP: 115236AC5<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     780000 | PA      | $628149.60     | 0.00%             | 2031-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| EMIRATES NBD BANK PJSC                                                           | Emirates NBD Bank PJSC                                                           | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $601500.00     | 0.00%             | 2025-03-20      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YBS7<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     830000 | PA      | $735288.70     | 0.00%             | 2027-07-09      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| EVERGY INC                                                                       | Evergy Inc                                                                       | CUSIP: 30034WAB2<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |     600000 | PA      | $534150.00     | 0.00%             | 2029-09-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WTZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   12944844 | PA      | $11938651.79   | 0.06%             | 2051-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XAW5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     574000 | PA      | $501865.42     | 0.00%             | 2044-07-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WESTERN UNION CO/THE                                                             | Western Union Co/The                                                             | CUSIP: 959802BA6<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |     415000 | PA      | $329954.05     | 0.00%             | 2031-03-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                      | CUSIP: 87612EBP0<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     900000 | PA      | $907497.00     | 0.00%             | 2032-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCH2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     540000 | PA      | $519399.00     | 0.00%             | 2028-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6BM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   10020602 | PA      | $8886099.24    | 0.04%             | 2037-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516CH7<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     100000 | PA      | $100780.00     | 0.00%             | 2024-11-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AT0<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     454000 | PA      | $413280.74     | 0.00%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                   | CUSIP: 025537AM3<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     730000 | PA      | $714764.90     | 0.00%             | 2028-12-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                            | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     800000 | PA      | $815336.00     | 0.00%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                       | CUSIP: 98978VAH6<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |    1299000 | PA      | $1241350.38    | 0.01%             | 2043-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBJ8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     535000 | PA      | $452567.20     | 0.00%             | 2028-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| TELEDYNE FLIR LLC                                                                | Teledyne FLIR LLC                                                                | CUSIP: 302445AE1<br>LEI: 5493000HDPX16EHNN346 | Long             | DBT              | CORP              | US        |     295000 | PA      | $247519.75     | 0.00%             | 2030-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162BH2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |      65000 | PA      | $68101.80      | 0.00%             | 2042-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FH6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     912000 | PA      | $802642.08     | 0.00%             | 2030-02-05      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE 2017 CO                                                          | Huarong Finance 2017 Co Ltd                                                      | CUSIP: 000000000<br>LEI: 5493006V07LYI3HE6G83 | Long             | DBT              | CORP              | VG        |     430000 | PA      | $378967.60     | 0.00%             | 2027-11-07      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967HS3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     977000 | PA      | $960518.01     | 0.00%             | 2044-05-06      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP                                                               | Baytex Energy Corp                                                               | CUSIP: 07317QAH8<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |     340000 | PA      | $351838.80     | 0.00%             | 2027-04-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| NATWEST MARKETS PLC                                                              | NatWest Markets PLC                                                              | CUSIP: 63906YAD0<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |     585000 | PA      | $517923.90     | 0.00%             | 2026-09-29      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH                                                         | CUSIP: 650009S53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     100000 | PA      | $85507.60      | 0.00%             | 2035-01-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| INTERCORP PERU LTD                                                               | Intercorp Peru Ltd                                                               | CUSIP: 000000000<br>LEI: 549300L0OFVSOE4NSY75 | Long             | DBT              | CORP              | BS        |     200000 | PA      | $167602.00     | 0.00%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GCI LLC                                                                          | GCI LLC                                                                          | CUSIP: 36166TAB6<br>LEI: 549300N3IE9H88Q20221 | Long             | DBT              | CORP              | US        |     400000 | PA      | $351432.00     | 0.00%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| GA GLOBAL FUNDING TRUST                                                          | GA Global Funding Trust                                                          | CUSIP: 36143L2B0<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    1218000 | PA      | $1150327.92    | 0.01%             | 2024-04-08      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | Expedia Group Inc                                                                | CUSIP: 30212PAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     438000 | PA      | $445594.92     | 0.00%             | 2025-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COCA-COLA EUROPACIFIC                                                            | Coca-Cola Europacific Partners PLC                                               | CUSIP: 19123MAF0<br>LEI: 549300LTH67W4GWMRF57 | Long             | DBT              | CORP              | GB        |     240000 | PA      | $212217.60     | 0.00%             | 2027-01-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833DW7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1843000 | PA      | $1304162.09    | 0.01%             | 2050-05-11      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578QAD5<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     715000 | PA      | $695666.40     | 0.00%             | 2025-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LBG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     745000 | PA      | $586203.25     | 0.00%             | 2051-09-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KM4V4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9190078 | PA      | $7774190.64    | 0.04%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                                         | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AS3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |     475000 | PA      | $456042.75     | 0.00%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAH4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   22000000 | PA      | $19110781.36   | 0.09%             | 2027-08-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                                                                | Clarios Global LP                                                                | CUSIP: 18060TAA3<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | CA        |     259000 | PA      | $260636.88     | 0.00%             | 2025-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                                                         | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AM7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     220000 | PA      | $183563.60     | 0.00%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| FERGUSON FINANCE PLC                                                             | Ferguson Finance PLC                                                             | CUSIP: 314890AB0<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $175758.00     | 0.00%             | 2030-06-02      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687DD5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     869000 | PA      | $849829.86     | 0.00%             | 2025-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| HAZINE MUSTESARLIGI VARL                                                         | Hazine Mustesarligi Varlik Kiralama AS                                           | CUSIP: 000000000<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | NUSS              | TR        |    1000000 | PA      | $972560.00     | 0.00%             | 2027-02-24      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| GRUPO ENERGIA BOGOTA                                                             | Grupo Energia Bogota SA ESP                                                      | CUSIP: 000000000<br>LEI: 529900LG618OWYVHI655 | Long             | DBT              | CORP              | CO        |     200000 | PA      | $183918.00     | 0.00%             | 2030-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                                     | Entergy Corp                                                                     | CUSIP: 29364GAM5<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     585000 | PA      | $526845.15     | 0.00%             | 2025-09-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| CELULOSA ARAUCO CONSTITU                                                         | Celulosa Arauco y Constitucion SA                                                | CUSIP: 151191BD4<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |     285000 | PA      | $258324.00     | 0.00%             | 2047-11-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                    | CUSIP: 472319AE2<br>LEI: NY9Q8VBNB6D1L6YV0J84 | Long             | DBT              | CORP              | US        |     680000 | PA      | $720616.40     | 0.00%             | 2027-06-08      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     431000 | PA      | $451808.68     | 0.00%             | 2027-07-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: —       |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397XL2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     910000 | PA      | $869159.20     | 0.00%             | 2025-08-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SIGMA FINANCE NL                                                                 | Sigma Finance Netherlands BV                                                     | CUSIP: 000000000<br>LEI: 549300K5R8C331KIC659 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $196350.00     | 0.00%             | 2028-03-27      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3000000 | PA      | $2835468.75    | 0.01%             | 2048-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828R36<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   15300000 | PA      | $14272031.25   | 0.07%             | 2026-05-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Cengage Learning Inc                                                             | Cengage Learning Inc                                                             | CUSIP: 15137NAA1<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | DBT              | CORP              | US        |     360000 | PA      | $350542.80     | 0.00%             | 2024-06-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VCB7<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     390000 | PA      | $282909.90     | 0.00%             | 2053-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                         | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAE7<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     462000 | PA      | $445668.30     | 0.00%             | 2025-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1010000 | PA      | $930462.50     | 0.00%             | 2025-06-11      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2120000 | PA      | $1905456.00    | 0.01%             | 2027-04-22      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468P7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2139000 | PA      | $1966061.85    | 0.01%             | 2031-04-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCT6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1278000 | PA      | $1265450.04    | 0.01%             | 2028-10-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| NEMAK SAB DE CV                                                                  | Nemak SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 5493000MY3DAIB0BP706 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $321768.00     | 0.00%             | 2031-06-28      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLFF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8576921 | PA      | $7548759.96    | 0.04%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 00946AAJ3<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |     400000 | PA      | $416224.00     | 0.00%             | 2033-01-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                                                           | Skyworks Solutions Inc                                                           | CUSIP: 83088MAL6<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |     475000 | PA      | $391376.25     | 0.00%             | 2031-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EVJC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     225224 | PA      | $215327.26     | 0.00%             | 2046-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Calpine Corp                                                                     | Calpine Corp                                                                     | CUSIP: 131347CK0<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     301000 | PA      | $291650.94     | 0.00%             | 2026-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335AYT9<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     791773 | PA      | $742563.31     | 0.00%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AutoZone Inc                                                                     | AutoZone Inc                                                                     | CUSIP: 053332AX0<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     325000 | PA      | $318119.75     | 0.00%             | 2024-04-18      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                               | CUSIP: 30303M8H8<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    1510000 | PA      | $1406127.10    | 0.01%             | 2032-08-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Boardwalk Pipelines LP                                                           | Boardwalk Pipelines LP                                                           | CUSIP: 096630AG3<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |     404000 | PA      | $398404.60     | 0.00%             | 2029-05-03      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TRISTATE GEN&TRANS ASSN                                                          | Tri-State Generation and Transmission Association Inc                            | CUSIP: 89566EAD0<br>LEI: 549300VDHNFNPADSSV98 | Long             | DBT              | CORP              | US        |      75000 | PA      | $71622.75      | 0.00%             | 2040-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SNB FUNDING LTD                                                                  | SNB Funding Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300PT73WJRNMAKE44 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $564222.00     | 0.00%             | 2027-01-29      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                                               | Conagra Brands Inc                                                               | CUSIP: 205887AR3<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     227000 | PA      | $247629.76     | 0.00%             | 2028-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                                                              | LSEGA Financing PLC                                                              | CUSIP: 50220PAB9<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |    1115000 | PA      | $998437.90     | 0.00%             | 2026-04-06      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBQ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     385000 | PA      | $294313.25     | 0.00%             | 2036-11-15      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                   | CUSIP: 958254AK0<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     300000 | PA      | $285312.00     | 0.00%             | 2028-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |    1600000 | PA      | $1330192.00    | 0.01%             | 2049-11-07      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| eBay Inc                                                                         | eBay Inc                                                                         | CUSIP: 278642AL7<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     532000 | PA      | $521812.20     | 0.00%             | 2024-08-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                                                          | Jersey Central Power & Light Co                                                  | CUSIP: 476556DC6<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |     405000 | PA      | $395721.45     | 0.00%             | 2026-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Adobe Inc                                                                        | Adobe Inc                                                                        | CUSIP: 00724FAC5<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |     738000 | PA      | $721505.70     | 0.00%             | 2025-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HX CEMENT INTER FIN                                                              | Huaxin Cement International Finance Co Ltd                                       | CUSIP: 000000000<br>LEI: 655600KOD3OX9BKUMI38 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $351244.00     | 0.00%             | 2025-11-19      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                                                               | Grupo Televisa SAB                                                               | CUSIP: 40049JBE6<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |     446000 | PA      | $419810.88     | 0.00%             | 2049-05-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GET2<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     450000 | PA      | $379575.00     | 0.00%             | 2032-01-11      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDX35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     511654 | PA      | $451115.08     | 0.00%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659T2A8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1398000 | PA      | $1283965.14    | 0.01%             | 2033-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MED CARE III                                                           | Fresenius Medical Care US Finance III Inc                                        | CUSIP: 35805BAE8<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |     785000 | PA      | $616099.40     | 0.00%             | 2031-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YCL1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     300000 | PA      | $306528.00     | 0.00%             | 2028-09-13      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XBKS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12402108 | PA      | $11841392.53   | 0.06%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                            | Lincoln National Corp                                                            | CUSIP: 534187BF5<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     728000 | PA      | $700226.80     | 0.00%             | 2026-12-12      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAZ5<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    1123000 | PA      | $763179.57     | 0.00%             | 2051-02-09      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDH4<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     593000 | PA      | $539843.48     | 0.00%             | 2026-06-24      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                                                           | Skyworks Solutions Inc                                                           | CUSIP: 83088MAK8<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |    1020000 | PA      | $910441.80     | 0.00%             | 2026-06-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| HOSPITAL SPECIAL SURGERY                                                         | NY Society for Relief of Ruptured & Crippled Maintaining Hosp Special Surgery    | CUSIP: 44107HAF9<br>LEI: 549300U0XV0GGBTV6I72 | Long             | DBT              | CORP              | US        |     330000 | PA      | $218040.90     | 0.00%             | 2050-10-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8CY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2544424 | PA      | $2319825.88    | 0.01%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F050429<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     293000 | PA      | $297548.15     | 0.00%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 780097BK6<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    1178000 | PA      | $1162026.32    | 0.01%             | 2025-03-22      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| DUQUESNE LIGHT HOLDINGS                                                          | Duquesne Light Holdings Inc                                                      | CUSIP: 266233AJ4<br>LEI: 4CUJ1D8WDXK9X7QI6B93 | Long             | DBT              | CORP              | US        |     135000 | PA      | $109846.80     | 0.00%             | 2032-01-07      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                                                           | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     176000 | PA      | $171786.56     | 0.00%             | 2025-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DP WORLD SALAAM                                                                  | DP World Salaam                                                                  | CUSIP: 000000000<br>LEI: 549300SUYBT9X88E9435 | Long             | DBT              | CORP              | KY        |     900000 | PA      | $900891.00     | 0.00%             | 2025-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                          | CUSIP: 04636NAA1<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |     270000 | PA      | $243999.00     | 0.00%             | 2026-05-28      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QDB5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1250000 | PA      | $1179037.50    | 0.01%             | 2027-01-23      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                | CUSIP: 17275RAN2<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |     590000 | PA      | $585398.00     | 0.00%             | 2024-03-04      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 202712BN4<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    1520000 | PA      | $1224420.80    | 0.01%             | 2031-03-11      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBC3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     531000 | PA      | $435690.81     | 0.00%             | 2030-06-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| AMC Networks Inc                                                                 | AMC Networks Inc                                                                 | CUSIP: 00164VAD5<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |     230000 | PA      | $221837.30     | 0.00%             | 2024-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sempra Energy                                                                    | Sempra Energy                                                                    | CUSIP: 816851BG3<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     717000 | PA      | $680017.14     | 0.00%             | 2028-02-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AE8<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     400000 | PA      | $320088.00     | 0.00%             | 2032-02-11      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048AT5<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     475000 | PA      | $447369.25     | 0.00%             | 2026-04-20      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                                                          | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |     385000 | PA      | $346553.90     | 0.00%             | 2031-03-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BN44<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     612999 | PA      | $586007.57     | 0.00%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VIKING OCEAN CRUISES SHI                                                         | Viking Ocean Cruises Ship VII Ltd                                                | CUSIP: 92682RAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     245000 | PA      | $209526.45     | 0.00%             | 2029-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Chevron Corp                                                                     | Chevron Corp                                                                     | CUSIP: 166764BD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     620000 | PA      | $605981.80     | 0.00%             | 2025-11-17      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY                                                          | Phillips Edison Grocery Center Operating Partnership I LP                        | CUSIP: 71845JAA6<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              |  | US        |     565000 | PA      | $436569.85     | 0.00%             | 2031-11-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X5S38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     461933 | PA      | $463116.97     | 0.00%             | 2049-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FY9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     325000 | PA      | $274209.00     | 0.00%             | 2042-02-14      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL                                                            | TotalEnergies Capital International SA                                           | CUSIP: 89153VAS8<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    1006000 | PA      | $969069.74     | 0.00%             | 2025-01-10      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                          | Bayer US Finance II LLC                                                          | CUSIP: 07274NBG7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |     586000 | PA      | $452755.32     | 0.00%             | 2045-04-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                   | CUSIP: 025537AP6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     310000 | PA      | $223488.30     | 0.00%             | 2050-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                               | CUSIP: 78081BAP8<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     340000 | PA      | $229680.20     | 0.00%             | 2051-09-02      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                                              | Northern Trust Corp                                                              | CUSIP: 665859AS3<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |    1159000 | PA      | $1075737.44    | 0.01%             | 2032-05-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVN6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     605000 | PA      | $580394.65     | 0.00%             | 2024-01-17      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VBT0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     720000 | PA      | $833292.00     | 0.00%             | 2043-09-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CQ7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1060000 | PA      | $1078751.40    | 0.01%             | 2029-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| EMIRATES NBD BANK PJSC                                                           | Emirates NBD Bank PJSC                                                           | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | DBT              | CORP              | AE        |    1000000 | PA      | $916250.00     | 0.00%             | 2026-01-13      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828V98<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   36050000 | PA      | $34120761.90   | 0.16%             | 2027-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CQ5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     515000 | PA      | $514345.95     | 0.00%             | 2025-09-12      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAK6<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     443000 | PA      | $413726.56     | 0.00%             | 2047-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967MX6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     919000 | PA      | $870164.34     | 0.00%             | 2025-05-01      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| TELEFONICA MOVILES CHILE                                                         | Telefonica Moviles Chile SA                                                      | CUSIP: 000000000<br>LEI: 549300PDWJ2U6A15B785 | Long             | DBT              | CORP              | CL        |     350000 | PA      | $293300.00     | 0.00%             | 2031-11-18      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                                                           | Orbia Advance Corp SAB de CV                                                     | CUSIP: 000000000<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $184060.00     | 0.00%             | 2044-09-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBR5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     250000 | PA      | $202815.00     | 0.00%             | 2032-03-10      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBH6<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     830000 | PA      | $802643.20     | 0.00%             | 2028-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SBK8<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     472000 | PA      | $353565.76     | 0.00%             | 2050-05-06      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J7K53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     800540 | PA      | $796725.50     | 0.00%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                                           | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     304000 | PA      | $312794.72     | 0.00%             | 2026-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| EATON CORP                                                                       | Eaton Corp                                                                       | CUSIP: 278062AH7<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |     630000 | PA      | $609896.70     | 0.00%             | 2033-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                                             | Colombia Government International Bond                                           | CUSIP: 195325CU7<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    3400000 | PA      | $2393702.00    | 0.01%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017CJ6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     415000 | PA      | $348836.55     | 0.00%             | 2046-11-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                                              | Station Casinos LLC                                                              | CUSIP: 857691AG4<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |     450000 | PA      | $405112.50     | 0.00%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ANADOLU EFES BIR                                                                 | Anadolu Efes Biracilik Ve Malt Sanayii AS                                        | CUSIP: 000000000<br>LEI: 7890006LGARYVIPOJX03 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $312644.00     | 0.00%             | 2028-06-29      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UBM0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     320000 | PA      | $300364.80     | 0.00%             | 2041-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corp                                                                | Ares Capital Corp                                                                | CUSIP: 04010LAV5<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     731000 | PA      | $707498.35     | 0.00%             | 2025-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397A60<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     975000 | PA      | $955539.00     | 0.00%             | 2025-06-16      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                       | CUSIP: 244199BG9<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     490000 | PA      | $377946.80     | 0.00%             | 2049-09-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                             | CUSIP: 92939UAD8<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |     300000 | PA      | $261546.00     | 0.00%             | 2027-10-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| LFS TOPCO LLC                                                                    | LFS Topco LLC                                                                    | CUSIP: 50203TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     175000 | PA      | $144817.75     | 0.00%             | 2026-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBK6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     372000 | PA      | $362034.12     | 0.00%             | 2044-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBM2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1052000 | PA      | $1021502.52    | 0.00%             | 2034-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                           | CenterPoint Energy Inc                                                           | CUSIP: 15189TAW7<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     495000 | PA      | $477392.85     | 0.00%             | 2024-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Republic of Azerbaijan                                                           | Republic of Azerbaijan International Bond                                        | CUSIP: 000000000<br>LEI: 549300P74FF45UQVU281 | Long             | DBT              | NUSS              | AZ        |     800000 | PA      | $695256.00     | 0.00%             | 2032-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UXV9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     153125 | PA      | $153997.37     | 0.00%             | 2049-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                            | CUSIP: 73358WEK6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     775000 | PA      | $800202.23     | 0.00%             | 2051-10-01      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                         | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BF6<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |     345000 | PA      | $331827.90     | 0.00%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                                                     | Linde Inc/CT                                                                     | CUSIP: 74005PBN3<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |     505000 | PA      | $487123.00     | 0.00%             | 2025-02-05      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Berry Petroleum Co LLC                                                           | Berry Petroleum Co LLC                                                           | CUSIP: 08580BAA4<br>LEI: DQ2XTZKV7SILNNV77403 | Long             | DBT              | CORP              | US        |     230000 | PA      | $221372.70     | 0.00%             | 2026-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PDC7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     555000 | PA      | $538766.25     | 0.00%             | 2033-04-26      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                                                         | National Retail Properties Inc                                                   | CUSIP: 637417AH9<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |     115000 | PA      | $112502.20     | 0.00%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                         | CUSIP: 071813BY4<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     245000 | PA      | $230625.85     | 0.00%             | 2030-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HD8<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     355000 | PA      | $344012.75     | 0.00%             | 2025-11-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VEU4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    2613000 | PA      | $2503881.12    | 0.01%             | 2029-12-03      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SN9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   37200000 | PA      | $21866625.00   | 0.10%             | 2050-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBL9<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     700000 | PA      | $597093.00     | 0.00%             | 2028-03-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                                             | Neptune Bidco US Inc                                                             | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    1525000 | PA      | $1484084.25    | 0.01%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| BANK MUSCAT SAOG                                                                 | Bank Muscat SAOG                                                                 | CUSIP: 000000000<br>LEI: 549300HC6W6OEXV7SY67 | Long             | DBT              | CORP              | OM        |     600000 | PA      | $580866.00     | 0.00%             | 2026-03-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7NZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     414539 | PA      | $395903.03     | 0.00%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     507000 | PA      | $502731.06     | 0.00%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Aflac Inc                                                                        | Aflac Inc                                                                        | CUSIP: 001055BJ0<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |     570000 | PA      | $541004.10     | 0.00%             | 2030-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                      | CUSIP: 797440BK9<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     225000 | PA      | $245767.50     | 0.00%             | 2039-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Farmers Exchange Capital                                                         | Farmers Exchange Capital                                                         | CUSIP: 309588AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $263277.50     | 0.00%             | 2028-07-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                                                         | Federal Realty Investment Trust                                                  | CUSIP: 313747BA4<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |     745000 | PA      | $665650.05     | 0.00%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     800000 | PA      | $290808.00     | 0.00%             | 2051-03-26      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2F9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1905000 | PA      | $1803406.35    | 0.01%             | 2027-06-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                           | Lumen Technologies Inc                                                           | CUSIP: 156700AT3<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     325000 | PA      | $213944.25     | 0.00%             | 2042-03-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WBE7<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     430000 | PA      | $343023.90     | 0.00%             | 2030-12-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                       | CUSIP: 695114BZ0<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |      85000 | PA      | $88576.80      | 0.00%             | 2035-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BU7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    1036000 | PA      | $851933.88     | 0.00%             | 2030-07-17      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GCK3<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     225000 | PA      | $208536.75     | 0.00%             | 2027-09-19      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                                             | Colombia Government International Bond                                           | CUSIP: 195325DT9<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1000000 | PA      | $622240.00     | 0.00%             | 2051-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| IND & COMM BK CHN MACAU                                                          | Industrial & Commercial Bank of China Macau Ltd                                  | CUSIP: 000000000<br>LEI: 30030037RFQWUFQG0Y77 | Long             | DBT              | CORP              | MO        |    2400000 | PA      | $2310912.00    | 0.01%             | 2029-09-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CH6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     970000 | PA      | $922848.30     | 0.00%             | 2026-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                          | CUSIP: 646136XR7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     210000 | PA      | $238598.43     | 0.00%             | 2040-12-15      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QBZF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     287165 | PA      | $266614.49     | 0.00%             | 2048-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Orange SA                                                                        | Orange SA                                                                        | CUSIP: 35177PAL1<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |    1296000 | PA      | $1642550.40    | 0.01%             | 2031-03-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                                                          | John Deere Capital Corp                                                          | CUSIP: 24422ETH2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     478000 | PA      | $452699.46     | 0.00%             | 2026-06-10      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BOS FUNDING LTD                                                                  | BOS Funding Ltd                                                                  | CUSIP: 000000000<br>LEI: 635400PTLHUGAMGH6I34 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $385052.00     | 0.00%             | 2024-09-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DUBAI GOVT INT'L BONDS                                                           | Emirate of Dubai Government International Bonds                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |     600000 | PA      | $578826.00     | 0.00%             | 2043-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CQ3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1195000 | PA      | $997227.50     | 0.00%             | 2052-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   50500000 | PA      | $45986562.50   | 0.22%             | 2026-12-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                  | CUSIP: 842587CW5<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     615000 | PA      | $565689.30     | 0.00%             | 2036-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179R4D8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    6263957 | PA      | $5855953.95    | 0.03%             | 2046-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MT SINAI HOSPITAL                                                                | Mount Sinai Hospitals Group Inc                                                  | CUSIP: 623115AF9<br>LEI: 549300IJEDK5LH7YPT15 | Long             | DBT              | CORP              | US        |     338000 | PA      | $240061.12     | 0.00%             | 2050-07-01      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                                         | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     868000 | PA      | $792345.12     | 0.00%             | 2026-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967KN0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1802000 | PA      | $1735235.90    | 0.01%             | 2026-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CHOUZHOU INTL INV LTD                                                            | Chouzhou International Investment Ltd                                            | CUSIP: 000000000<br>LEI: 254900G02LJVPHKXDT91 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $380112.00     | 0.00%             | 2025-02-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUB SVC NEW HAMP                                                                 | Public Service Co of New Hampshire                                               | CUSIP: 744538AE9<br>LEI: 549300SHPFALUPKK2351 | Long             | DBT              | CORP              | US        |     165000 | PA      | $140080.05     | 0.00%             | 2031-06-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QCF0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    1226000 | PA      | $1011854.58    | 0.00%             | 2051-03-13      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EBH1<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     843000 | PA      | $728233.98     | 0.00%             | 2031-01-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| ACURIS FIN US/ACURIS FIN                                                         | Acuris Finance US Inc / Acuris Finance SARL                                      | CUSIP: 00511BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $204187.50     | 0.00%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BP0<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     435000 | PA      | $293068.20     | 0.00%             | 2052-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZK1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     995000 | PA      | $934195.55     | 0.00%             | 2024-12-13      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                                          | Carmax Auto Owner Trust 2021-1                                                   | CUSIP: 14316NAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    3924148 | PA      | $3786523.19    | 0.02%             | 2025-12-15      | Fixed         | 0.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCUG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2622553 | PA      | $2395647.30    | 0.01%             | 2051-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TJW6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1401073 | PA      | $1309478.60    | 0.01%             | 2047-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW ENGLAND POWER CO                                                             | New England Power Co                                                             | CUSIP: 644188BH6<br>LEI: 549300DTVRGN9GYD5U85 | Long             | DBT              | CORP              | US        |     250000 | PA      | $275777.50     | 0.00%             | 2052-11-25      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| CCTHK 2021 LTD                                                                   | Ccthk 2021 Ltd                                                                   | CUSIP: 000000000<br>LEI: 254900862W7TXMZ9L981 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $183714.00     | 0.00%             | 2027-01-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                              | CUSIP: 30313RAA7<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |      80000 | PA      | $75696.00      | 0.00%             | 2025-02-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SPECTRUM BRANDS INC                                                              | Spectrum Brands Inc                                                              | CUSIP: 84762LAX3<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |     275000 | PA      | $221776.50     | 0.00%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Becton Dickinson and Co                                                          | Becton Dickinson and Co                                                          | CUSIP: 075887BG3<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     329000 | PA      | $312852.68     | 0.00%             | 2044-12-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                                                           | Chesapeake Energy Corp                                                           | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     665000 | PA      | $656029.15     | 0.00%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OHIO EDISON CO                                                                   | Ohio Edison Co                                                                   | CUSIP: 677347CH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     450000 | PA      | $466177.50     | 0.00%             | 2033-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SDG FINANCE LTD                                                                  | SDG Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 254900GR3D4V12XN1M61 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $349944.00     | 0.00%             | 2026-08-25      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                                                           | AngloGold Ashanti Holdings PLC                                                   | CUSIP: 03512TAB7<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |     100000 | PA      | $98868.00      | 0.00%             | 2040-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EVERI HOLDINGS INC                                                               | Everi Holdings Inc                                                               | CUSIP: 30034TAA1<br>LEI: 5299006DK5S7BG10K532 | Long             | DBT              | CORP              | US        |     215000 | PA      | $194413.75     | 0.00%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                     | CUSIP: 59447TXW8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     350000 | PA      | $303426.55     | 0.00%             | 2034-12-01      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                                                         | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBF0<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |     135000 | PA      | $118423.35     | 0.00%             | 2044-08-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FL8<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    1057000 | PA      | $960527.61     | 0.00%             | 2025-10-29      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| SHINHAN FINANCIAL GROUP                                                          | Shinhan Financial Group Co Ltd                                                   | CUSIP: 000000000<br>LEI: 988400EB8A6G49E5KO54 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $360264.00     | 0.00%             | 2026-05-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   12950000 | PA      | $11151164.06   | 0.05%             | 2045-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| POWERCHINA RB BVI                                                                | Powerchina Roadbridge Group British Virgin Islands Ltd                           | CUSIP: 000000000<br>LEI: 54930030HB6G7DYU0727 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $751512.00     | 0.00%             | 2026-04-01      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385AP6<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     399000 | PA      | $437208.24     | 0.00%             | 2039-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GEJ4<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     245000 | PA      | $224527.80     | 0.00%             | 2025-07-02      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     700000 | PA      | $728931.00     | 0.00%             | 2030-05-14      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CM0<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    1287000 | PA      | $1136086.38    | 0.01%             | 2029-09-06      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WEPF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      47051 | PA      | $45374.00      | 0.00%             | 2045-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                                                   | Public Storage                                                                   | CUSIP: 74460DAH2<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |     590000 | PA      | $518132.10     | 0.00%             | 2028-11-09      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                                      | CUSIP: 594698SJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      50000 | PA      | $40141.55      | 0.00%             | 2047-09-01      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                      | CUSIP: 29446MAB8<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    1043000 | PA      | $1014327.93    | 0.00%             | 2028-09-10      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NOVANT HEALTH INC                                                                | Novant Health Inc                                                                | CUSIP: 66988AAG9<br>LEI: 549300ZUXEGFGE8EP917 | Long             | DBT              | CORP              | US        |      80000 | PA      | $62688.80      | 0.00%             | 2036-11-01      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| TRUST FIBRAUNO                                                                   | Trust Fibra Uno                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              |  | MX        |     400000 | PA      | $395272.00     | 0.00%             | 2024-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                                                              | Highwoods Realty LP                                                              | CUSIP: 431282AT9<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              |  | US        |     677000 | PA      | $519658.43     | 0.00%             | 2031-02-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AB9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    1529000 | PA      | $1475408.55    | 0.01%             | 2027-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Enova International Inc                                                          | Enova International Inc                                                          | CUSIP: 29357KAD5<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |     180000 | PA      | $176115.60     | 0.00%             | 2024-09-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                                                          | Blackstone Secured Lending Fund                                                  | CUSIP: 09261XAG7<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |     440000 | PA      | $360052.00     | 0.00%             | 2028-09-30      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAD3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     745000 | PA      | $736313.30     | 0.00%             | 2024-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 539439AR0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    1233000 | PA      | $1196786.79    | 0.01%             | 2028-03-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                                                         | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp               | CUSIP: 67421QAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     330000 | PA      | $337058.70     | 0.00%             | 2029-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                                                             | Petronas Capital Ltd                                                             | CUSIP: 000000000<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |    2300000 | PA      | $2156917.00    | 0.01%             | 2030-04-21      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160BJ2<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     856000 | PA      | $878923.68     | 0.00%             | 2033-12-05      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ARMOR HOLDCO INC                                                                 | Armor Holdco Inc                                                                 | CUSIP: 04625PAA9<br>LEI: 254900X6HLK0YPTHHF09 | Long             | DBT              | CORP              | US        |     240000 | PA      | $204940.80     | 0.00%             | 2029-11-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                                    | Owens Corning                                                                    | CUSIP: 690742AG6<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     470000 | PA      | $396228.80     | 0.00%             | 2047-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CAMERON LNG LLC                                                                  | Cameron LNG LLC                                                                  | CUSIP: 133434AD2<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |     725000 | PA      | $616793.75     | 0.00%             | 2039-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobile Receivables Trust 2020-2                        | GM Financial Consumer Automobile Receivables Trust 2020-2                        | CUSIP: 36258VAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     393647 | PA      | $389324.80     | 0.00%             | 2024-12-16      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                          | CUSIP: 404119CG2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     920000 | PA      | $776388.00     | 0.00%             | 2052-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCQ1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     570000 | PA      | $430920.00     | 0.00%             | 2042-01-14      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA Inc                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264AAT2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     460000 | PA      | $461803.20     | 0.00%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Ball Corp                                                                        | Ball Corp                                                                        | CUSIP: 058498AV8<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     565000 | PA      | $556705.80     | 0.00%             | 2026-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAP7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     445000 | PA      | $445534.00     | 0.00%             | 2027-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBT9<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    1174000 | PA      | $1147479.34    | 0.01%             | 2028-10-16      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513ECB5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     528000 | PA      | $508236.96     | 0.00%             | 2041-12-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     685000 | PA      | $614903.95     | 0.00%             | 2026-01-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC                                                            | Arrow Electronics Inc                                                            | CUSIP: 04273WAC5<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |     400000 | PA      | $332684.00     | 0.00%             | 2032-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| WACHOVIA CORP                                                                    | Wachovia Corp                                                                    | CUSIP: 929903AM4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2687000 | PA      | $2763203.32    | 0.01%             | 2035-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828YS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5100000 | PA      | $4571671.88    | 0.02%             | 2029-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CHICAGO                                                            | University of Chicago/The                                                        | CUSIP: 91412NBD1<br>LEI: 54930099Y7GU6182V326 | Long             | DBT              | CORP              | US        |      85000 | PA      | $68258.40      | 0.00%             | 2045-04-01      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| Republic of Poland                                                               | Republic of Poland Government International Bond                                 | CUSIP: 857524AC6<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     400000 | PA      | $395828.00     | 0.00%             | 2024-01-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AX3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     960000 | PA      | $902496.00     | 0.00%             | 2026-07-23      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599EB7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     735000 | PA      | $744099.30     | 0.00%             | 2025-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                              | CUSIP: 14448CAN4<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     326000 | PA      | $309520.70     | 0.00%             | 2025-02-15      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| TOPAZ SOLAR FARMS LLC                                                            | Topaz Solar Farms LLC                                                            | CUSIP: 89054XAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      95997 | PA      | $84717.35      | 0.00%             | 2039-09-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                        | CUSIP: 42809HAC1<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |     447000 | PA      | $467007.72     | 0.00%             | 2040-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RFW7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     945000 | PA      | $917198.10     | 0.00%             | 2037-08-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                                         | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     395000 | PA      | $339944.90     | 0.00%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WEC1<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     115000 | PA      | $115966.00     | 0.00%             | 2026-01-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FPFQ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1619118 | PA      | $1588808.92    | 0.01%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286B1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   24689000 | PA      | $23383183.48   | 0.11%             | 2029-02-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORP                                                            | Owl Rock Capital Corp                                                            | CUSIP: 69121KAB0<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     329000 | PA      | $316570.38     | 0.00%             | 2025-03-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523AV2<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     540000 | PA      | $524410.20     | 0.00%             | 2025-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CAMERON LNG LLC                                                                  | Cameron LNG LLC                                                                  | CUSIP: 133434AC4<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |     665000 | PA      | $576947.35     | 0.00%             | 2038-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254BP4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     600000 | PA      | $562836.00     | 0.00%             | 2030-05-21      | Fixed         | 4.31%                 | No            |                  2 | On Loan: —       |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LAU3<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     450000 | PA      | $423688.50     | 0.00%             | 2026-04-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167FN8<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     455000 | PA      | $435439.55     | 0.00%             | 2032-04-27      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Safeway Inc                                                                      | Safeway Inc                                                                      | CUSIP: 786514BA6<br>LEI: 549300NKZ6VCN5P3K723 | Long             | DBT              | CORP              | US        |     160000 | PA      | $162694.40     | 0.00%             | 2031-02-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   22800000 | PA      | $19155562.50   | 0.09%             | 2047-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PDC Energy Inc                                                                   | PDC Energy Inc                                                                   | CUSIP: 69327RAG6<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |     205000 | PA      | $203876.60     | 0.00%             | 2024-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78015K7C2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    1725000 | PA      | $1655603.25    | 0.01%             | 2024-11-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MAGELLAN MIDSTREAM PARTN                                                         | Magellan Midstream Partners LP                                                   | CUSIP: 559080AL0<br>LEI: MZF5TI8NFVZZNUSKDL39 | Long             | DBT              | CORP              | US        |     641000 | PA      | $525735.38     | 0.00%             | 2046-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                               | RGA Global Funding                                                               | CUSIP: 76209PAB9<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |     500000 | PA      | $440135.00     | 0.00%             | 2029-01-18      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GGL7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1309000 | PA      | $1248432.57    | 0.01%             | 2028-04-24      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                                       | US Bancorp                                                                       | CUSIP: 91159HHU7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     929000 | PA      | $919273.37     | 0.00%             | 2025-11-17      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                     | CUSIP: 615369AT2<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     475000 | PA      | $358278.25     | 0.00%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CROWN AMER/CAP CORP V                                                            | Crown Americas LLC / Crown Americas Capital Corp V                               | CUSIP: 22819KAB6<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |     272000 | PA      | $260148.96     | 0.00%             | 2026-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COLORADO INT GAS CO/ISS                                                          | Colorado Interstate Gas Co LLC / Colorado Interstate Issuing Corp                | CUSIP: 196500AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     643000 | PA      | $620720.05     | 0.00%             | 2026-08-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                                                 | MGM Resorts International                                                        | CUSIP: 552953CH2<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     495000 | PA      | $448638.30     | 0.00%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BQS8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      53392 | PA      | $54225.47      | 0.00%             | 2046-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335CC36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      61555 | PA      | $60501.86      | 0.00%             | 2047-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CR6<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     400000 | PA      | $370412.00     | 0.00%             | 2032-09-29      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| SMITHFIELD FOODS INC                                                             | Smithfield Foods Inc                                                             | CUSIP: 832248BD9<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |     555000 | PA      | $414163.20     | 0.00%             | 2031-09-13      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| IOI INVESTMENT L BHD                                                             | IOI Investment L Bhd                                                             | CUSIP: 000000000<br>LEI: 254900NBVUUO7810A642 | Long             | DBT              | CORP              | MY        |     200000 | PA      | $154782.00     | 0.00%             | 2031-11-02      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 059438AH4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1165000 | PA      | $1286754.15    | 0.01%             | 2026-10-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| TENNESSEE GAS PIPELINE                                                           | Tennessee Gas Pipeline Co LLC                                                    | CUSIP: 880451AS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      35000 | PA      | $37660.00      | 0.00%             | 2027-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J7T39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     289581 | PA      | $275023.32     | 0.00%             | 2032-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                              | CUSIP: 291011BM5<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |     359000 | PA      | $249749.12     | 0.00%             | 2050-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABD8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     937000 | PA      | $877266.25     | 0.00%             | 2026-11-02      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WBL3<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    1009000 | PA      | $996004.08     | 0.00%             | 2038-05-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XBW5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    1177000 | PA      | $1161369.44    | 0.01%             | 2024-04-13      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09256BAH0<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     395000 | PA      | $338467.60     | 0.00%             | 2045-07-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: —       |
| ION TRADING TECHNOLOGIES                                                         | ION Trading Technologies Sarl                                                    | CUSIP: 46205YAA9<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |     300000 | PA      | $256953.00     | 0.00%             | 2028-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66 Co                                                                   | CUSIP: 718547AN2<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |     295000 | PA      | $278586.20     | 0.00%             | 2046-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| FAR EAST HORIZON LTD                                                             | Far East Horizon Ltd                                                             | CUSIP: 000000000<br>LEI: 549300S9XRGO1ZPUHE62 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $176582.00     | 0.00%             | 2026-10-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FREEPORT INDONESIA PT                                                            | Freeport Indonesia PT                                                            | CUSIP: 000000000<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |    1000000 | PA      | $955780.00     | 0.00%             | 2032-04-14      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                                          | Booz Allen Hamilton Inc                                                          | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |     324000 | PA      | $291065.40     | 0.00%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAH0<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $390936.00     | 0.00%             | 2049-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214ET6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    1005000 | PA      | $863928.15     | 0.00%             | 2031-06-03      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCG8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     745000 | PA      | $568636.15     | 0.00%             | 2032-07-29      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638BU5<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1400000 | PA      | $1364944.00    | 0.01%             | 2027-08-25      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| HINDUSTAN PETROLEUM CORP                                                         | Hindustan Petroleum Corp Ltd                                                     | CUSIP: 000000000<br>LEI: 335800DWLXIP7HFFY564 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $190142.00     | 0.00%             | 2027-07-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIO                                                         | Fortune Brands Innovations Inc                                                   | CUSIP: 34964CAF3<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |     200000 | PA      | $181314.00     | 0.00%             | 2032-03-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                                          | Hungary Government International Bond                                            | CUSIP: 445545AF3<br>LEI: 5299008DH62LEB10JK83 | Long             | DBT              | NUSS              | HU        |    1310000 | PA      | $1484478.90    | 0.01%             | 2041-03-29      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Korea Gas Corp                                                                   | Korea Gas Corp                                                                   | CUSIP: 50066CAG4<br>LEI: 988400TFZILHBD5M3R71 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $396072.00     | 0.00%             | 2024-02-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WKZM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     170712 | PA      | $169328.62     | 0.00%             | 2047-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 949746SH5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1602000 | PA      | $1511342.82    | 0.01%             | 2026-10-23      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RD71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1915268 | PA      | $1854130.89    | 0.01%             | 2045-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AW5<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    1040000 | PA      | $985160.80     | 0.00%             | 2029-04-23      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VEA8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1767500 | PA      | $1729781.55    | 0.01%             | 2033-08-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023BY0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     290000 | PA      | $234235.90     | 0.00%             | 2038-03-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| MEITUAN                                                                          | Meituan                                                                          | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $650080.00     | 0.00%             | 2030-10-28      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| TEXAS EASTERN TRANSMISSI                                                         | Texas Eastern Transmission LP                                                    | CUSIP: 882384AE0<br>LEI: 549300SIOULUXXIDGA69 | Long             | DBT              | CORP              | US        |     472000 | PA      | $405514.08     | 0.00%             | 2048-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                                    | Parkland Corp                                                                    | CUSIP: 70137TAP0<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |     385000 | PA      | $369846.40     | 0.00%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HHF0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1914000 | PA      | $2201157.42    | 0.01%             | 2038-05-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                                                          | Asbury Automotive Group Inc                                                      | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     261000 | PA      | $237637.89     | 0.00%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FK4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     495000 | PA      | $430640.10     | 0.00%             | 2056-12-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BR6<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     510000 | PA      | $488268.90     | 0.00%             | 2029-03-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ACE Capital Trust II                                                             | ACE Capital Trust II                                                             | CUSIP: 00440FAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     258000 | PA      | $325085.16     | 0.00%             | 2030-04-01      | Fixed         | 9.70%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                           | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |     800000 | PA      | $815416.00     | 0.00%             | 2051-01-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAG7<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     752000 | PA      | $647156.16     | 0.00%             | 2030-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| QORVO INC                                                                        | Qorvo Inc                                                                        | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |     815000 | PA      | $675577.95     | 0.00%             | 2031-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL                                                          | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: 000000000<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $145174.00     | 0.00%             | 2032-02-02      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167EJ8<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     398000 | PA      | $385431.16     | 0.00%             | 2028-09-26      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523CL2<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    1182000 | PA      | $1020361.50    | 0.00%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CCBL CAYMAN 1 CORP                                                               | CCBL Cayman 1 Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 549300PPQILFPZT13E12 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $741272.00     | 0.00%             | 2025-07-21      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| NMG HLDCO/NEIMAN MARCUS                                                          | NMG Holding Co Inc / Neiman Marcus Group LLC                                     | CUSIP: 62929RAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     720000 | PA      | $690768.00     | 0.00%             | 2026-04-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                                                         | Allison Transmission Inc                                                         | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |     320000 | PA      | $303392.00     | 0.00%             | 2027-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                                                                | Chile Government International Bond                                              | CUSIP: 168863CF3<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    1400000 | PA      | $1328334.00    | 0.01%             | 2028-02-06      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NL5<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     188000 | PA      | $184341.52     | 0.00%             | 2024-02-07      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233835AQ0<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     478000 | PA      | $610826.64     | 0.00%             | 2031-01-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RBE8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     530000 | PA      | $501136.20     | 0.00%             | 2035-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                                         | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     279000 | PA      | $243274.05     | 0.00%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BB0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     905000 | PA      | $806680.80     | 0.00%             | 2026-08-13      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                                                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FAT4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    1013000 | PA      | $965824.59     | 0.00%             | 2024-11-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ALLEGIANT TRAVEL CO                                                              | Allegiant Travel Co                                                              | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |     325000 | PA      | $318178.25     | 0.00%             | 2027-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAD1<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     800000 | PA      | $875808.00     | 0.00%             | 2037-10-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| UPL CORP LTD                                                                     | UPL Corp Ltd                                                                     | CUSIP: 000000000<br>LEI: 213800AQLATW4WEEH674 | Long             | DBT              | CORP              | MU        |     400000 | PA      | $331904.00     | 0.00%             | 2030-06-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558BJ1<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     800000 | PA      | $746536.00     | 0.00%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WestRock MWV LLC                                                                 | WestRock MWV LLC                                                                 | CUSIP: 961548AV6<br>LEI: 4DL8C98Z5G5IXZLH3578 | Long             | DBT              | CORP              | US        |     142000 | PA      | $166709.42     | 0.00%             | 2030-01-15      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| QVC INC                                                                          | QVC Inc                                                                          | CUSIP: 747262AZ6<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     323000 | PA      | $207259.41     | 0.00%             | 2028-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ZHEJIANG SEAPORT                                                                 | Zhejiang Seaport International Co Ltd                                            | CUSIP: 000000000<br>LEI: 655600XYNPAPJV64SA06 | Long             | DBT              | CORP              | HK        |     600000 | PA      | $550464.00     | 0.00%             | 2026-03-17      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY LP                                                                | Vornado Realty LP                                                                | CUSIP: 929043AL1<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              |  | US        |     240000 | PA      | $185712.00     | 0.00%             | 2031-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Mylan Inc                                                                        | Mylan Inc                                                                        | CUSIP: 628530BC0<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |     571000 | PA      | $492024.99     | 0.00%             | 2043-11-29      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                                         | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     390000 | PA      | $359073.00     | 0.00%             | 2031-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | Expedia Group Inc                                                                | CUSIP: 30212PAM7<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | DBT              | CORP              | US        |     403000 | PA      | $403568.23     | 0.00%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                               | CUSIP: 04686JAC5<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | BM        |     707000 | PA      | $603749.72     | 0.00%             | 2031-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BE4<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     100000 | PA      | $96369.00      | 0.00%             | 2033-06-06      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAV8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     720000 | PA      | $681645.60     | 0.00%             | 2030-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WEWJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     130662 | PA      | $121528.98     | 0.00%             | 2046-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XAY6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     531000 | PA      | $399975.75     | 0.00%             | 2049-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063DRE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     570000 | PA      | $510810.63     | 0.00%             | 2029-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                     | CUSIP: 65473QBE2<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     792000 | PA      | $760193.28     | 0.00%             | 2027-05-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                                                           | Southwestern Energy Co                                                           | CUSIP: 845467AP4<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     325000 | PA      | $341269.50     | 0.00%             | 2028-09-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| TONGYANGLIFEINSURANCECO                                                          | Tongyang Life Insurance Co Ltd                                                   | CUSIP: 000000000<br>LEI: 9884007L6E9UAWKGCX42 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $169590.00     | 0.00%             | 2025-09-22      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132L9V69<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     365763 | PA      | $349583.91     | 0.00%             | 2048-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOC AVIATION LTD                                                                 | BOC Aviation Ltd                                                                 | CUSIP: 09681LAK6<br>LEI: 254900H06V5RMEB3KE72 | Long             | DBT              | CORP              | SG        |     400000 | PA      | $356608.00     | 0.00%             | 2029-09-11      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| BROOKLYN UNION GAS CO                                                            | Brooklyn Union Gas Co/The                                                        | CUSIP: 114259AW4<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |     200000 | PA      | $194342.00     | 0.00%             | 2032-08-05      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| AMERIPRISE FINANCIAL INC                                                         | Ameriprise Financial Inc                                                         | CUSIP: 03076CAL0<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |     305000 | PA      | $306582.95     | 0.00%             | 2032-05-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TURKCELL ILETISIM HIZMET                                                         | Turkcell Iletisim Hizmetleri AS                                                  | CUSIP: 000000000<br>LEI: 7890003EX1LTLS2FFL84 | Long             | DBT              | CORP              | TR        |     600000 | PA      | $524394.00     | 0.00%             | 2028-04-11      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc                                                          | Illinois Tool Works Inc                                                          | CUSIP: 452308AR0<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | DBT              | CORP              | US        |     916000 | PA      | $838094.20     | 0.00%             | 2042-09-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAN5<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |     325000 | PA      | $308012.25     | 0.00%             | 2025-03-15      | Fixed         | 1.09%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 168863DW5<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     800000 | PA      | $654064.00     | 0.00%             | 2052-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                                         | Cheniere Energy Partners LP                                                      | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |     970000 | PA      | $870148.20     | 0.00%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BARINGS BDC INC                                                                  | Barings BDC Inc                                                                  | CUSIP: 06759LAC7<br>LEI: 549300GSF4KFZP6ONG49 | Long             | DBT              | CORP              | US        |     110000 | PA      | $97242.20      | 0.00%             | 2026-11-23      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BF2<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     410000 | PA      | $403981.20     | 0.00%             | 2026-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                              | Fifth Third Bancorp                                                              | CUSIP: 316773CX6<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     795000 | PA      | $785483.85     | 0.00%             | 2024-01-25      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516BZ8<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     790000 | PA      | $674225.50     | 0.00%             | 2030-06-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Allied Universal                                                                 | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1260000 | PA      | $1213241.40    | 0.01%             | 2026-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| MOOG INC                                                                         | Moog Inc                                                                         | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |     396000 | PA      | $367290.00     | 0.00%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BP3<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     719000 | PA      | $609366.88     | 0.00%             | 2030-06-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                                             | Colombia Government International Bond                                           | CUSIP: 195325BK0<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1100000 | PA      | $1072896.00    | 0.01%             | 2037-09-18      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397XU2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     985000 | PA      | $947698.05     | 0.00%             | 2026-01-08      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBF9<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     308000 | PA      | $284176.20     | 0.00%             | 2054-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                                                     | Calpine Corp                                                                     | CUSIP: 131347CP9<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     590000 | PA      | $512763.10     | 0.00%             | 2029-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBR6<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     770000 | PA      | $687325.10     | 0.00%             | 2026-03-01      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556CT7<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     310000 | PA      | $318339.00     | 0.00%             | 2027-11-21      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NAH8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     184000 | PA      | $180185.68     | 0.00%             | 2024-06-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                                                         | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAP4<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |     320000 | PA      | $299315.20     | 0.00%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                                         | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAQ3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     415000 | PA      | $406434.40     | 0.00%             | 2025-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833BA7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1339000 | PA      | $1142421.41    | 0.01%             | 2045-02-09      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                         | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     325000 | PA      | $267221.50     | 0.00%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc                                                            | Micron Technology Inc                                                            | CUSIP: 595112BM4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     789000 | PA      | $793087.02     | 0.00%             | 2026-02-06      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KAU7<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |     950000 | PA      | $912864.50     | 0.00%             | 2027-03-16      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 94973VBJ5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     977000 | PA      | $956180.13     | 0.00%             | 2024-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FZ1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     302000 | PA      | $205797.90     | 0.00%             | 2060-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016FZQ0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     268000 | PA      | $252008.44     | 0.00%             | 2032-05-04      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UCZ0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     300000 | PA      | $273909.00     | 0.00%             | 2049-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                                                      | Apache Corp                                                                      | CUSIP: 03746AAA8<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     175000 | PA      | $185267.25     | 0.00%             | 2029-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TAP ROCK RESOURCES LLC                                                           | Tap Rock Resources LLC                                                           | CUSIP: 87602LAA0<br>LEI: 549300Y3SDS1HPFQ6H17 | Long             | DBT              | CORP              | US        |     450000 | PA      | $426568.50     | 0.00%             | 2026-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1100000 | PA      | $1203818.00    | 0.01%             | 2046-01-08      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582BX9<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     731000 | PA      | $688733.58     | 0.00%             | 2026-09-12      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                      | Cargill Inc                                                                      | CUSIP: 141781BU7<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |     660000 | PA      | $642919.20     | 0.00%             | 2025-04-22      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Michael Kors USA Inc                                                             | Michael Kors USA Inc                                                             | CUSIP: 59408TAA8<br>LEI: 549300MIBZ1H6BCOET19 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1069772.00    | 0.01%             | 2024-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83367TBG3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     885000 | PA      | $879353.70     | 0.00%             | 2024-01-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp                                                           | CUSIP: 101137AE7<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |      55000 | PA      | $63165.30      | 0.00%             | 2035-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ENQUEST PLC                                                                      | EnQuest PLC                                                                      | CUSIP: 29357JAC0<br>LEI: 2138008LJU6WFQWOXJ73 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $196380.00     | 0.00%             | 2027-11-01      | Fixed         | 11.63%                | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP                                                          | Australia & New Zealand Banking Group Ltd                                        | CUSIP: 05252ADF5<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |     650000 | PA      | $650903.50     | 0.00%             | 2025-02-03      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272BH0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     305000 | PA      | $221472.70     | 0.00%             | 2051-09-23      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                      | CUSIP: 38122NB68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     315000 | PA      | $250424.69     | 0.00%             | 2042-06-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                          | CUSIP: 29670GAF9<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |     838000 | PA      | $697249.52     | 0.00%             | 2031-05-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61761J3R8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1676000 | PA      | $1589032.36    | 0.01%             | 2026-07-27      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                              | Suzano Austria GmbH                                                              | CUSIP: 86964WAH5<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    1298000 | PA      | $1241524.02    | 0.01%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTL 19 LTD                                                         | CK Hutchison International 19 Ltd                                                | CUSIP: 12564CAA4<br>LEI: 254900FPY8WXG61CMU70 | Long             | DBT              | CORP              | KY        |     681000 | PA      | $667849.89     | 0.00%             | 2024-04-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DF3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1105000 | PA      | $1086402.85    | 0.01%             | 2028-06-09      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 1/2                                                          | Scentre Group Trust 1 / Scentre Group Trust 2                                    | CUSIP: 80622GAD6<br>LEI: N/A                  | Long             | DBT              |  | AU        |     285000 | PA      | $272186.40     | 0.00%             | 2026-01-28      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154CC1<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     800000 | PA      | $751656.00     | 0.00%             | 2026-05-26      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                  | CUSIP: 902494BC6<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |     904000 | PA      | $866863.68     | 0.00%             | 2027-06-02      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 94973VAH0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     178000 | PA      | $194892.20     | 0.00%             | 2034-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                                                                    | Nordstrom Inc                                                                    | CUSIP: 655664AR1<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     679000 | PA      | $455934.92     | 0.00%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FP8<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     295000 | PA      | $260638.40     | 0.00%             | 2046-01-02      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Kinross Gold Corp                                                                | Kinross Gold Corp                                                                | CUSIP: 496902AQ0<br>LEI: 549300UEBMAQDN0K0R06 | Long             | DBT              | CORP              | CA        |     882000 | PA      | $857736.18     | 0.00%             | 2027-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788MAJ1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1031330.00    | 0.00%             | 2026-10-28      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418ECC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   16540867 | PA      | $14669018.90   | 0.07%             | 2037-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BW4<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    1070000 | PA      | $1030292.30    | 0.00%             | 2027-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PBH0<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     835000 | PA      | $688348.95     | 0.00%             | 2031-08-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272BD9<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     345000 | PA      | $310965.75     | 0.00%             | 2026-04-27      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                                                             | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |     483000 | PA      | $387346.68     | 0.00%             | 2027-07-21      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                                                                | DISH Network Corp                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    1675000 | PA      | $1737159.25    | 0.01%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967KG5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1352000 | PA      | $1321309.60    | 0.01%             | 2026-01-12      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNAK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3824222 | PA      | $3485406.17    | 0.02%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGJ40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1046914 | PA      | $954489.81     | 0.00%             | 2035-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE FINANCIAL SER                                                         | Nationwide Financial Services Inc                                                | CUSIP: 638612AJ0<br>LEI: 5493001H7AZNDS6BKJ36 | Long             | DBT              | CORP              | US        |      50000 | PA      | $49441.50      | 0.00%             | 2037-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ3K4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     360369 | PA      | $353964.04     | 0.00%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XDD5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8330825 | PA      | $8092735.87    | 0.04%             | 2052-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHINA MENGNIU DAIRY                                                              | China Mengniu Dairy Co Ltd                                                       | CUSIP: 000000000<br>LEI: 2549005Q343BSJ8RSS21 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $369320.00     | 0.00%             | 2025-06-17      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAV3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     955000 | PA      | $842548.75     | 0.00%             | 2026-07-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| CITIZENS BANK NA/RI                                                              | Citizens Bank NA/Providence RI                                                   | CUSIP: 17401QAU5<br>LEI: DRMSV1Q0EKMEXLAU1P80 | Long             | DBT              | CORP              | US        |     525000 | PA      | $508546.50     | 0.00%             | 2026-02-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                                                           | Export-Import Bank of India                                                      | CUSIP: 30216KAC6<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |     800000 | PA      | $759424.00     | 0.00%             | 2028-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KOREA                                                                | Korea International Bond                                                         | CUSIP: 50064FAQ7<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |     525000 | PA      | $483588.00     | 0.00%             | 2029-06-19      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INDIAN RAILWAY FINANCE                                                           | Indian Railway Finance Corp Ltd                                                  | CUSIP: 000000000<br>LEI: 335800F2JHSOGXQEBY56 | Long             | DBT              | CORP              | IN        |     300000 | PA      | $294717.00     | 0.00%             | 2024-03-29      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140KVZM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1166182 | PA      | $985938.48     | 0.00%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KITE REALTY GROUP TRUST                                                          | Kite Realty Group Trust                                                          | CUSIP: 76131VAB9<br>LEI: 549300OVTYLM7DH6CM14 | Long             | DBT              |  | US        |     228000 | PA      | $210279.84     | 0.00%             | 2030-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VGJ7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    2852000 | PA      | $2428962.84    | 0.01%             | 2031-03-21      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAY8<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |     250000 | PA      | $216047.50     | 0.00%             | 2031-06-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                             | Niagara Mohawk Power Corp                                                        | CUSIP: 65364UAQ9<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |     200000 | PA      | $169148.00     | 0.00%             | 2032-01-10      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAP INC                                                          | GlaxoSmithKline Capital Inc                                                      | CUSIP: 377372AM9<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |     448000 | PA      | $441517.44     | 0.00%             | 2025-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAN0<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     832000 | PA      | $795525.12     | 0.00%             | 2024-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BPRL INTERNATIONAL SINGA                                                         | BPRL International Singapore Pte Ltd                                             | CUSIP: 000000000<br>LEI: 875500AQ853IMLV4TX18 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $190902.00     | 0.00%             | 2027-01-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLBL                                                         | Northwestern Mutual Global Funding                                               | CUSIP: 66815L2D0<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |     300000 | PA      | $259617.00     | 0.00%             | 2028-06-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| E.ON INTL FINANCE BV                                                             | E.ON International Finance BV                                                    | CUSIP: 268789AB0<br>LEI: 549300TG53AWJ719M814 | Long             | DBT              | CORP              | NL        |     480000 | PA      | $514444.80     | 0.00%             | 2038-04-30      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                   | CUSIP: 025537AK7<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     385000 | PA      | $372121.75     | 0.00%             | 2024-03-15      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc                                                           | Brookfield Finance Inc                                                           | CUSIP: 11271LAB8<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     384000 | PA      | $335838.72     | 0.00%             | 2047-09-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Tampa Electric Co                                                                | Tampa Electric Co                                                                | CUSIP: 875127BF8<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |     345000 | PA      | $303682.80     | 0.00%             | 2049-06-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS                                                         | Hughes Satellite Systems Corp                                                    | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     443000 | PA      | $431052.29     | 0.00%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BH0<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     550000 | PA      | $530227.50     | 0.00%             | 2025-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822AR5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     465000 | PA      | $438327.60     | 0.00%             | 2027-07-25      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 86765BAN9<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |     474000 | PA      | $468861.84     | 0.00%             | 2024-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FPCG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     177351 | PA      | $169377.61     | 0.00%             | 2047-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HHW3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     930000 | PA      | $846783.60     | 0.00%             | 2029-07-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GAC6<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     292000 | PA      | $287365.96     | 0.00%             | 2024-03-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| SPIC MTN CO LTD                                                                  | SPIC MTN Co Ltd                                                                  | CUSIP: 000000000<br>LEI: 5493000TADYPO7HIT002 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $922700.00     | 0.00%             | 2025-07-27      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                     | CUSIP: 001192AK9<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     605000 | PA      | $524111.50     | 0.00%             | 2043-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GREAT-WEST LIFECO FINANC                                                         | Great-West Lifeco Finance Delaware LP                                            | CUSIP: 391382AB4<br>LEI: 549300604SRFDFB35F35 | Long             | DBT              | CORP              | US        |     309000 | PA      | $258425.97     | 0.00%             | 2047-06-03      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| SITIOS LATINOAMERICA                                                             | Sitios Latinoamerica SAB de CV                                                   | CUSIP: 000000000<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |      45000 | PA      | $41999.85      | 0.00%             | 2032-04-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QCC8<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     561000 | PA      | $433176.15     | 0.00%             | 2050-01-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523CF5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    1115000 | PA      | $1060220.05    | 0.01%             | 2046-07-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FSH22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     101919 | PA      | $97362.45      | 0.00%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                          | Bayer US Finance II LLC                                                          | CUSIP: 07274NAZ6<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    1145000 | PA      | $1031988.50    | 0.00%             | 2034-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIG INTL HL                                                         | Digicel International Finance Ltd/Digicel international Holdings Ltd             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     400000 | PA      | $344476.00     | 0.00%             | 2024-05-25      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| DUQUESNE LIGHT HOLDINGS                                                          | Duquesne Light Holdings Inc                                                      | CUSIP: 266233AH8<br>LEI: 4CUJ1D8WDXK9X7QI6B93 | Long             | DBT              | CORP              | US        |     190000 | PA      | $155539.70     | 0.00%             | 2030-10-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2020-C56                                   | CUSIP: 95002RAX6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     520000 | PA      | $447862.69     | 0.00%             | 2053-06-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAT7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1200000 | PA      | $1157292.00    | 0.01%             | 2033-05-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PERKINELMER INC                                                                  | PerkinElmer Inc                                                                  | CUSIP: 714046AG4<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |    1045000 | PA      | $940207.40     | 0.00%             | 2029-09-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179T7J8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     674772 | PA      | $648697.81     | 0.00%             | 2048-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ADVOCATE HEALTH CORP                                                             | Advocate Health & Hospitals Corp                                                 | CUSIP: 007589AB0<br>LEI: 549300AEHU3PPOUCIL87 | Long             | DBT              | CORP              | US        |     575000 | PA      | $523871.00     | 0.00%             | 2048-08-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEV9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   37000000 | PA      | $36283125.00   | 0.17%             | 2029-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP                                                                     | Embecta Corp                                                                     | CUSIP: 29082KAB1<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |     255000 | PA      | $229522.95     | 0.00%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1650000 | PA      | $1437232.50    | 0.01%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                                          | Standard Industries Inc/NJ                                                       | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    1096000 | PA      | $939688.48     | 0.00%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                              | CUSIP: 025816DA4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1071004.00    | 0.01%             | 2033-08-03      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638DS8<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     975000 | PA      | $734789.25     | 0.00%             | 2041-03-11      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                                             | IHO Verwaltungs GmbH                                                             | CUSIP: 44963BAE8<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |     300000 | PA      | $277749.00     | 0.00%             | 2027-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61746BEG7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1924000 | PA      | $1802576.36    | 0.01%             | 2047-01-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN GRP/FIN                                                         | Neuberger Berman Group LLC / Neuberger Berman Finance Corp                       | CUSIP: 64128XAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     660000 | PA      | $574741.20     | 0.00%             | 2045-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XCR49<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     656269 | PA      | $636124.03     | 0.00%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMIPEACE LTD                                                                     | Amipeace Ltd                                                                     | CUSIP: 000000000<br>LEI: 549300Z8IOSIIKWF5763 | Long             | DBT              | CORP              | VG        |    1200000 | PA      | $1012212.00    | 0.00%             | 2030-10-22      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076AS1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1814000 | PA      | $2039770.44    | 0.01%             | 2036-12-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BAFFINLAND IRON CORP/LP                                                          | Baffinland Iron Mines Corp / Baffinland Iron Mines LP                            | CUSIP: 056623AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     402000 | PA      | $392042.46     | 0.00%             | 2026-07-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FQ5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     837000 | PA      | $739029.15     | 0.00%             | 2048-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                                                     | US Foods Inc                                                                     | CUSIP: 90290MAE1<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     330000 | PA      | $297115.50     | 0.00%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QAZ9<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     150000 | PA      | $132817.50     | 0.00%             | 2042-05-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM LLC                                                             | EnLink Midstream LLC                                                             | CUSIP: 29336TAD2<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |     490000 | PA      | $499310.00     | 0.00%             | 2030-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525BQ5<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     165000 | PA      | $164716.20     | 0.00%             | 2032-05-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FK0<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     660000 | PA      | $586436.40     | 0.00%             | 2050-03-25      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     245000 | PA      | $223807.50     | 0.00%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FORTIVE CORPORATION                                                              | Fortive Corp                                                                     | CUSIP: 34959JAG3<br>LEI: 549300MU9YQJYHDQEF63 | Long             | DBT              | CORP              | US        |    1023000 | PA      | $972883.23     | 0.00%             | 2026-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158BA3<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |     587000 | PA      | $437103.68     | 0.00%             | 2050-05-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A3C3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    1395000 | PA      | $1163081.25    | 0.01%             | 2028-08-19      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| SWEDBANK AB                                                                      | Swedbank AB                                                                      | CUSIP: 87020PAT4<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |     705000 | PA      | $712783.20     | 0.00%             | 2027-09-20      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| CELULOSA ARAUCO CONSTITU                                                         | Celulosa Arauco y Constitucion SA                                                | CUSIP: 000000000<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $187530.00     | 0.00%             | 2030-01-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: —       |
| STIFEL FINANCIAL CORP                                                            | Stifel Financial Corp                                                            | CUSIP: 860630AG7<br>LEI: 549300E5F07FE5GHJX84 | Long             | DBT              | CORP              | US        |     225000 | PA      | $202387.50     | 0.00%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 313382GT4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |      60000 | PA      | $57503.40      | 0.00%             | 2028-03-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Southern Power Co                                                                | Southern Power Co                                                                | CUSIP: 843646AM2<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |     150000 | PA      | $148585.50     | 0.00%             | 2025-12-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                                             | Freeport-McMoRan Inc                                                             | CUSIP: 35671DBL8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    1450000 | PA      | $1434862.00    | 0.01%             | 2024-11-14      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDCU8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3571331 | PA      | $3025933.43    | 0.01%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAH5<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     945000 | PA      | $901908.00     | 0.00%             | 2025-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BIOCEANICO SOVEREIGN                                                             | Bioceanico Sovereign Certificate Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     311430 | PA      | $219461.73     | 0.00%             | 2034-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| TSMC GLOBAL LTD                                                                  | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |    1200000 | PA      | $960948.00     | 0.00%             | 2030-09-28      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA                                                                 | Beazer Homes USA Inc                                                             | CUSIP: 07556QBM6<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     153000 | PA      | $150022.62     | 0.00%             | 2025-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                   | CUSIP: 09261HAR8<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     580000 | PA      | $500934.40     | 0.00%             | 2029-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CIENA CORP                                                                       | Ciena Corp                                                                       | CUSIP: 171779AL5<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | DBT              | CORP              | US        |     230000 | PA      | $202832.40     | 0.00%             | 2030-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                                                           | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     615000 | PA      | $585676.80     | 0.00%             | 2025-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VIAVI SOLUTIONS INC                                                              | Viavi Solutions Inc                                                              | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |     265000 | PA      | $231109.15     | 0.00%             | 2029-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEPTUNE ENERGY BONDCO                                                            | Neptune Energy Bondco PLC                                                        | CUSIP: 64073KAA1<br>LEI: 549300CPMT8I2QBRYF88 | Long             | DBT              | CORP              | GB        |     445000 | PA      | $438414.00     | 0.00%             | 2025-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WNE4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4472675 | PA      | $4003946.09    | 0.02%             | 2051-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                                                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HU7<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   10148860 | PA      | $3731938.80    | 0.02%             | 2038-01-09      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                                                      | Workday Inc                                                                      | CUSIP: 98138HAH4<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |     295000 | PA      | $278261.70     | 0.00%             | 2029-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JL8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    2025000 | PA      | $1842486.75    | 0.01%             | 2025-10-28      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     315000 | PA      | $20676.60      | 0.00%             | 2037-03-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YCB3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    4219000 | PA      | $3779464.58    | 0.02%             | 2049-11-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBL4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     381000 | PA      | $371951.25     | 0.00%             | 2025-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Embarq Corp                                                                      | Embarq Corp                                                                      | CUSIP: 29078EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1010000 | PA      | $486719.00     | 0.00%             | 2036-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F040628<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   63280542 | PA      | $61105273.37   | 0.29%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Methanex Corp                                                                    | Methanex Corp                                                                    | CUSIP: 59151KAK4<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     240000 | PA      | $231830.40     | 0.00%             | 2024-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CIA DE MINAS BUENAVENTUR                                                         | Cia de Minas Buenaventura SAA                                                    | CUSIP: 000000000<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | PE        |     400000 | PA      | $349724.00     | 0.00%             | 2026-07-23      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CROWNROCK LP/CROWNROCK F                                                         | CrownRock LP / CrownRock Finance Inc                                             | CUSIP: 228701AG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     320000 | PA      | $295561.60     | 0.00%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOSTON GAS COMPANY                                                               | Boston Gas Co                                                                    | CUSIP: 100743AK9<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |     605000 | PA      | $558475.50     | 0.00%             | 2027-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SBC6<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     563000 | PA      | $560584.73     | 0.00%             | 2026-02-14      | Fixed         | 4.40%                 | No            |                  2 | On Loan: —       |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SYS0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1068622 | PA      | $1027989.86    | 0.00%             | 2047-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PIKE CORP                                                                        | Pike Corp                                                                        | CUSIP: 721283AA7<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |     475000 | PA      | $419287.25     | 0.00%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLEVELAND ELECTRIC ILLUM                                                         | Cleveland Electric Illuminating Co/The                                           | CUSIP: 186108CE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     340000 | PA      | $352032.60     | 0.00%             | 2036-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                               | Ally Financial Inc                                                               | CUSIP: 02005NBF6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     834000 | PA      | $827786.70     | 0.00%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                                             | IHO Verwaltungs GmbH                                                             | CUSIP: 44963BAD0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |     240000 | PA      | $209923.20     | 0.00%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL BANK/HK                                                               | Industrial Bank Co Ltd/Hong Kong                                                 | CUSIP: 000000000<br>LEI: 3003007Y03W5HH1MXR96 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $387876.00     | 0.00%             | 2025-05-18      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MALAYSIA SOVEREIGN SUKUK                                                         | Malaysia Sovereign Sukuk Bhd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MY        |     800000 | PA      | $779328.00     | 0.00%             | 2025-04-22      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KKLQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2653694 | PA      | $2343346.82    | 0.01%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KAT0<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |     510000 | PA      | $480828.00     | 0.00%             | 2047-03-16      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| American Homes 4 Rent                                                            | American Homes 4 Rent LP                                                         | CUSIP: 02666TAB3<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |     150000 | PA      | $146482.50     | 0.00%             | 2029-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                                                         | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAA4<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |     174000 | PA      | $152848.56     | 0.00%             | 2027-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies Inc                                                            | SS&C Technologies Inc                                                            | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |    1583000 | PA      | $1521769.56    | 0.01%             | 2027-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WORLD ACCEPTANCE CORP                                                            | World Acceptance Corp                                                            | CUSIP: 981419AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     202000 | PA      | $155941.98     | 0.00%             | 2026-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CASE WESTERN RESERVE UNI                                                         | Case Western Reserve University                                                  | CUSIP: 14745XAA6<br>LEI: 2YXI7YIWYFWZG3QHF204 | Long             | DBT              | CORP              | US        |     140000 | PA      | $142476.60     | 0.00%             | 2122-06-01      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | Entergy Arkansas LLC                                                             | CUSIP: 29366MAC2<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |     425000 | PA      | $322120.25     | 0.00%             | 2052-06-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCY5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1480000 | PA      | $1231448.80    | 0.01%             | 2039-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                               | CUSIP: 02361DAX8<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     123000 | PA      | $88409.94      | 0.00%             | 2051-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 144141DD7<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     215000 | PA      | $191552.10     | 0.00%             | 2043-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3622A26G2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     609502 | PA      | $588315.62     | 0.00%             | 2047-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                                                  | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    1200000 | PA      | $783408.00     | 0.00%             | 2047-11-28      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | eBay Inc                                                                         | CUSIP: 278642AV5<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |    1034000 | PA      | $976644.02     | 0.00%             | 2025-03-11      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                       | CUSIP: 98978VAN3<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     421000 | PA      | $410992.83     | 0.00%             | 2028-08-20      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAU7<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $390816.00     | 0.00%             | 2033-08-11      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| Sempra Energy                                                                    | Sempra Energy                                                                    | CUSIP: 816851AP4<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     746000 | PA      | $799189.80     | 0.00%             | 2039-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JAB HOLDINGS BV                                                                  | JAB Holdings BV                                                                  | CUSIP: 46653KAA6<br>LEI: 529900RRNKUM3INJGF98 | Long             | DBT              | CORP              | NL        |     280000 | PA      | $218472.80     | 0.00%             | 2030-11-23      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                                                            | Melco Resorts Finance Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     329000 | PA      | $307874.91     | 0.00%             | 2026-04-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                     | CUSIP: 02079KAD9<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    1800000 | PA      | $1462392.00    | 0.01%             | 2030-08-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| FIDELITY & GUARANTY LIFE                                                         | Fidelity & Guaranty Life Holdings Inc                                            | CUSIP: 315786AC7<br>LEI: 549300WCR5QBFH98VZ75 | Long             | DBT              | CORP              | US        |     180000 | PA      | $179695.80     | 0.00%             | 2025-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAN6<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |     800000 | PA      | $759288.00     | 0.00%             | 2025-06-23      | Fixed         | 2.30%                 | No            |                  2 | On Loan: —       |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2A0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2205000 | PA      | $2095742.25    | 0.01%             | 2028-05-22      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| INGERSOLL-RAND GL HLD CO                                                         | Trane Technologies Global Holding Co Ltd                                         | CUSIP: 45687AAG7<br>LEI: 549300UCF0D858BIOV83 | Long             | DBT              | CORP              | US        |     178000 | PA      | $188003.60     | 0.00%             | 2043-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                                                         | Province of British Columbia Canada                                              | CUSIP: 110709AE2<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |     885000 | PA      | $729859.50     | 0.00%             | 2031-01-29      | Fixed         | 1.30%                 | No            |                  2 | On Loan: —       |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GHT9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1812000 | PA      | $1735153.08    | 0.01%             | 2027-04-23      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| Campbell Soup Co                                                                 | Campbell Soup Co                                                                 | CUSIP: 134429BF5<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     381000 | PA      | $375338.34     | 0.00%             | 2025-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| KIA CORP                                                                         | Kia Corp                                                                         | CUSIP: 493738AD0<br>LEI: 988400V8MJK9N7OI5X76 | Long             | DBT              | CORP              | KR        |     300000 | PA      | $280038.00     | 0.00%             | 2026-04-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DAE SUKUK DIFC LTD                                                               | DAE Sukuk Difc Ltd                                                               | CUSIP: 000000000<br>LEI: 635400AMGMPG1J5EQD94 | Long             | DBT              | CORP              | AE        |     500000 | PA      | $483130.00     | 0.00%             | 2026-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VAREX IMAGING CORPORATIO                                                         | Varex Imaging Corp                                                               | CUSIP: 92214XAC0<br>LEI: 549300CWYWPVCT8E9W67 | Long             | DBT              | CORP              | US        |     199000 | PA      | $197780.13     | 0.00%             | 2027-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8CA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     335627 | PA      | $314285.55     | 0.00%             | 2045-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL PLAZA DEV LTD                                                            | Central Plaza Development Ltd                                                    | CUSIP: 000000000<br>LEI: 254900HLDKFNM2WUVJ54 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $870690.00     | 0.00%             | 2025-07-14      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| TELEDYNE TECHNOLOGIES IN                                                         | Teledyne Technologies Inc                                                        | CUSIP: 879360AC9<br>LEI: 549300VSMO9KYQWDND94 | Long             | DBT              | CORP              | US        |     270000 | PA      | $246569.40     | 0.00%             | 2026-04-01      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| LEGGETT & PLATT INC                                                              | Leggett & Platt Inc                                                              | CUSIP: 524660BA4<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | DBT              | CORP              | US        |     530000 | PA      | $391956.20     | 0.00%             | 2051-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                        | CUSIP: 031162CD0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     664000 | PA      | $605335.60     | 0.00%             | 2048-06-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05964HAN5<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    1008000 | PA      | $883078.56     | 0.00%             | 2027-09-14      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK CHINA/HK                                                           | Industrial & Commercial Bank of China Ltd/Hong Kong                              | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |    1400000 | PA      | $1260504.00    | 0.01%             | 2026-10-28      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                                      | PNC Bank NA                                                                      | CUSIP: 69353REF1<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     375000 | PA      | $367211.25     | 0.00%             | 2024-10-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Lennar Corp                                                                      | Lennar Corp                                                                      | CUSIP: 526057CR3<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |     290000 | PA      | $293056.60     | 0.00%             | 2024-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599CW3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |      25000 | PA      | $24055.75      | 0.00%             | 2024-08-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| SOAR WISE LTD                                                                    | Soar Wise Ltd                                                                    | CUSIP: 000000000<br>LEI: 2138001423MK8G3BNM68 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $383856.00     | 0.00%             | 2024-03-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CBA1<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     455000 | PA      | $399417.20     | 0.00%             | 2030-02-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                       | CUSIP: 98956PAF9<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |      35000 | PA      | $34075.65      | 0.00%             | 2025-04-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XGTV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1937612 | PA      | $1900695.70    | 0.01%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     126000 | PA      | $106049.16     | 0.00%             | 2034-07-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167FB4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     725000 | PA      | $616337.00     | 0.00%             | 2031-03-04      | Fixed         | 1.50%                 | No            |                  2 | On Loan: —       |
| TEMASEK FINANCIAL I LTD                                                          | Temasek Financial I Ltd                                                          | CUSIP: 87973PAW4<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |     750000 | PA      | $476842.50     | 0.00%             | 2070-10-06      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 035240AS9<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    1088000 | PA      | $1006922.24    | 0.00%             | 2040-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BROOKFLD FIN LLC/FIN INC                                                         | Brookfield Finance LLC / Brookfield Finance Inc                                  | CUSIP: 11271RAB5<br>LEI: 549300E643C5WZF8BL44 | Long             | DBT              | CORP              | US        |     452000 | PA      | $315988.68     | 0.00%             | 2050-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525BK8<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     838000 | PA      | $731984.62     | 0.00%             | 2030-05-20      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | Ohio Power Co                                                                    | CUSIP: 677415CR0<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |     372000 | PA      | $318368.76     | 0.00%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                                         | Take-Two Interactive Software Inc                                                | CUSIP: 874054AE9<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |     455000 | PA      | $445945.50     | 0.00%             | 2024-03-28      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                  | CUSIP: 842587CX3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    1224000 | PA      | $1095614.64    | 0.01%             | 2046-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| US CELLULAR CORP                                                                 | United States Cellular Corp                                                      | CUSIP: 911684AD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     398000 | PA      | $370100.20     | 0.00%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Nuveen LLC                                                                       | Nuveen LLC                                                                       | CUSIP: 67080LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     753000 | PA      | $726230.85     | 0.00%             | 2028-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PROV ST JOSEPH HLTH OBL                                                          | Providence St Joseph Health Obligated Group                                      | CUSIP: 743756AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     690000 | PA      | $558065.10     | 0.00%             | 2047-10-01      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                           | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1000000 | PA      | $990620.00     | 0.00%             | 2025-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAL9<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     870000 | PA      | $849737.70     | 0.00%             | 2025-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                                  | Danske Bank A/S                                                                  | CUSIP: 23636AAR2<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |     455000 | PA      | $432058.90     | 0.00%             | 2028-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DJT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     305671 | PA      | $298998.57     | 0.00%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                                                            | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAA4<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |     670000 | PA      | $643729.30     | 0.00%             | 2026-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BW8<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     650000 | PA      | $693790.50     | 0.00%             | 2033-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 035240AF7<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |      75000 | PA      | $81400.50      | 0.00%             | 2035-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District/CA                                        | LOS ANGELES CA CMNTY CLG DIST                                                    | CUSIP: 54438CPA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     535000 | PA      | $708158.64     | 0.00%             | 2049-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                                                                 | Spirit Realty LP                                                                 | CUSIP: 84861TAD0<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              |  | US        |     205000 | PA      | $184789.05     | 0.00%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RMN9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    4011000 | PA      | $3049563.30    | 0.01%             | 2057-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ESIC SUKUK LTD                                                                   | Esic Sukuk Ltd                                                                   | CUSIP: 000000000<br>LEI: 549300TSWFEC4DLPPH77 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $389184.00     | 0.00%             | 2024-07-30      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                                                 | Berry Global Inc                                                                 | CUSIP: 085770AA3<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    1565000 | PA      | $1523621.40    | 0.01%             | 2026-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CCTHK 2021 LTD                                                                   | Ccthk 2021 Ltd                                                                   | CUSIP: 000000000<br>LEI: 254900862W7TXMZ9L981 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $187558.00     | 0.00%             | 2025-01-19      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DTQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7147008 | PA      | $6060101.28    | 0.03%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI                                                         | PetSmart Inc / PetSmart Finance Corp                                             | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     875000 | PA      | $862715.00     | 0.00%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ENFRAGEN ENERGIA SUR SA                                                          | EnfraGen Energia Sur SA / EnfraGen Spain SA / Prime Energia SpA                  | CUSIP: 29280LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | ES        |     485000 | PA      | $350907.20     | 0.00%             | 2030-12-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                                                  | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     600000 | PA      | $489876.00     | 0.00%             | 2031-01-21      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBZ8<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     475000 | PA      | $478377.25     | 0.00%             | 2052-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                                                               | Regal Rexnord Corp                                                               | CUSIP: 758750AD5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |     300000 | PA      | $304146.00     | 0.00%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| HIKMA FINANCE USA LLC                                                            | Hikma Finance USA LLC                                                            | CUSIP: 000000000<br>LEI: 213800BU7YH2WTM1QL87 | Long             | DBT              | CORP              | US        |     400000 | PA      | $377796.00     | 0.00%             | 2025-07-09      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                                       | Pfizer Inc                                                                       | CUSIP: 717081EW9<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     557000 | PA      | $504296.66     | 0.00%             | 2030-04-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JQ8<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    2015000 | PA      | $1820633.10    | 0.01%             | 2026-10-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                        | CUSIP: 502431AK5<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     113000 | PA      | $111411.22     | 0.00%             | 2024-05-28      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                               | Viking Cruises Ltd                                                               | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     395000 | PA      | $343673.70     | 0.00%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| AMERICAN AXLE & MFG INC                                                          | American Axle & Manufacturing Inc                                                | CUSIP: 02406PAU4<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     380000 | PA      | $350512.00     | 0.00%             | 2027-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                                             | Colombia Government International Bond                                           | CUSIP: 195325DS1<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    2250000 | PA      | $1704217.50    | 0.01%             | 2031-04-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q9XX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     186471 | PA      | $186948.77     | 0.00%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                      | CUSIP: 30161NBH3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     350000 | PA      | $303236.50     | 0.00%             | 2052-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                                          | DCP Midstream Operating LP                                                       | CUSIP: 23311VAG2<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     675000 | PA      | $674979.75     | 0.00%             | 2025-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MASHREQBANK PSC                                                                  | Mashreqbank PSC                                                                  | CUSIP: 000000000<br>LEI: 5493000SA3K24EQKA103 | Long             | DBT              | CORP              | AE        |     400000 | PA      | $425188.00     | 0.00%             | 2033-02-24      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                                                         | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAG8<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |     615000 | PA      | $580160.25     | 0.00%             | 2024-06-11      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CP1<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     630000 | PA      | $587796.30     | 0.00%             | 2053-06-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Federal National Mortgage Association                                            | CUSIP: 31359MGK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    1170000 | PA      | $1402783.20    | 0.01%             | 2030-11-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                                                            | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    1000000 | PA      | $350940.00     | 0.00%             | 2025-11-03      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK PRGM SPC                                                          | CBB International Sukuk Programme Co WLL                                         | CUSIP: 000000000<br>LEI: 5493006IRJ2IWXTNIM16 | Long             | DBT              | NUSS              | BH        |     800000 | PA      | $810160.00     | 0.00%             | 2024-11-14      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ARKO CORP                                                                        | Arko Corp                                                                        | CUSIP: 041242AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     310000 | PA      | $245516.90     | 0.00%             | 2029-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                   | CUSIP: 64971MZG0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |     995000 | PA      | $1063875.89    | 0.01%             | 2036-08-01      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TJV8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     520000 | PA      | $473730.40     | 0.00%             | 2027-01-13      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Kentucky Utilities Co                                                            | Kentucky Utilities Co                                                            | CUSIP: 491674BG1<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |     783000 | PA      | $790438.50     | 0.00%             | 2040-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| JDE PEET'S NV                                                                    | JDE Peet's NV                                                                    | CUSIP: 47216QAC7<br>LEI: 724500EHG519SE5ZRT89 | Long             | DBT              | CORP              | NL        |     650000 | PA      | $511062.50     | 0.00%             | 2031-09-24      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BAIC FINANCE INV CO LTD                                                          | Baic Finance Investment Co Ltd                                                   | CUSIP: 000000000<br>LEI: 30030035X92QA3KXDQ61 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $192412.00     | 0.00%             | 2024-03-16      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233851DX9<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     329000 | PA      | $319666.27     | 0.00%             | 2024-06-14      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XF5J6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11932132 | PA      | $10873837.42   | 0.05%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust                                     | American Express Credit Account Master Trust                                     | CUSIP: 02582JJX9<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |   13000000 | PA      | $13191845.81   | 0.06%             | 2027-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| APOLLO MANAGEMENT HOLDIN                                                         | Apollo Management Holdings LP                                                    | CUSIP: 03765HAB7<br>LEI: 5493006XQW0V5K38YM64 | Long             | DBT              | CORP              | US        |     165000 | PA      | $158028.75     | 0.00%             | 2026-05-27      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                                                    | CommScope Inc                                                                    | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     925000 | PA      | $768286.50     | 0.00%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KOREA                                                                | Korea International Bond                                                         | CUSIP: 50064FAR5<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $386424.00     | 0.00%             | 2024-06-19      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PAH9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1606000 | PA      | $1571374.64    | 0.01%             | 2025-03-01      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAW4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     638000 | PA      | $632755.64     | 0.00%             | 2033-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BLUESTAR FIN HOLDINGS                                                            | Bluestar Finance Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 300300294ZKDSAV43I87 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $583770.00     | 0.00%             | 2024-07-16      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                                                       | NetApp Inc                                                                       | CUSIP: 64110DAL8<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |     850000 | PA      | $790568.00     | 0.00%             | 2025-06-22      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc                                                          | Illinois Tool Works Inc                                                          | CUSIP: 452308AT6<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | DBT              | CORP              | US        |     565000 | PA      | $557864.05     | 0.00%             | 2024-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBJ4<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     667000 | PA      | $459776.44     | 0.00%             | 2050-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q8D77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     648554 | PA      | $650399.65     | 0.00%             | 2048-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                                                                     | AES Corp/The                                                                     | CUSIP: 00130HCB9<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     842000 | PA      | $803689.00     | 0.00%             | 2025-07-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTL HLDINGS NE                                                         | Mondelez International Holdings Netherlands BV                                   | CUSIP: 60920LAS3<br>LEI: 549300CW356R8I7N8D33 | Long             | DBT              | CORP              | NL        |     380000 | PA      | $375926.40     | 0.00%             | 2025-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LBD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     488000 | PA      | $442084.08     | 0.00%             | 2048-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| FORD FOUNDATION/THE                                                              | Ford Foundation/The                                                              | CUSIP: 34531XAC8<br>LEI: 54930013YZ3DULPNNT44 | Long             | DBT              | CORP              | US        |     415000 | PA      | $271102.90     | 0.00%             | 2070-06-01      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| HAITONG INTL FIN HLDG 15                                                         | Haitong International Finance Holdings 2015 Ltd                                  | CUSIP: 000000000<br>LEI: 549300PDUNVXUNJ7HC63 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $562194.00     | 0.00%             | 2025-03-12      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WMNJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      32071 | PA      | $30659.00      | 0.00%             | 2047-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523CJ7<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     385000 | PA      | $307761.30     | 0.00%             | 2040-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZU1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1645000 | PA      | $1617561.40    | 0.01%             | 2028-08-23      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406HCQ0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     545000 | PA      | $536765.05     | 0.00%             | 2025-11-18      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    1000000 | PA      | $865280.00     | 0.00%             | 2031-10-26      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                                                         | British Telecommunications PLC                                                   | CUSIP: 111021AL5<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |     735000 | PA      | $738564.75     | 0.00%             | 2028-12-04      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SSM HEALTH CARE                                                                  | SSM Health Care Corp                                                             | CUSIP: 784710AA3<br>LEI: 5493000QP6H63JFPC580 | Long             | DBT              | CORP              | US        |     310000 | PA      | $299990.10     | 0.00%             | 2027-06-01      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                       | CUSIP: 670346AS4<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |     388000 | PA      | $344307.32     | 0.00%             | 2030-06-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| General Electric Co                                                              | General Electric Co                                                              | CUSIP: 369604BH5<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |     615000 | PA      | $566458.05     | 0.00%             | 2044-03-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FJ2<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     139000 | PA      | $118276.49     | 0.00%             | 2042-12-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TJZ9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    1175000 | PA      | $1117060.75    | 0.01%             | 2027-03-22      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200AM3<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     448000 | PA      | $478840.32     | 0.00%             | 2025-10-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756BY5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    1600000 | PA      | $1338640.00    | 0.01%             | 2047-02-21      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAL8<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1007810.00    | 0.00%             | 2025-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                                                              | Eastman Chemical Co                                                              | CUSIP: 277432AL4<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |     710000 | PA      | $646490.50     | 0.00%             | 2042-09-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RJK9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     404000 | PA      | $367668.28     | 0.00%             | 2044-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CA0<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     270000 | PA      | $250703.10     | 0.00%             | 2025-10-11      | Fixed         | 0.96%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAX6<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |      80000 | PA      | $71845.60      | 0.00%             | 2032-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GXJ8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2170000 | PA      | $2107265.30    | 0.01%             | 2025-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WEJ8<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     100000 | PA      | $93589.00      | 0.00%             | 2024-10-29      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                                                         | MassMutual Global Funding II                                                     | CUSIP: 57629WCH1<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |     760000 | PA      | $733407.60     | 0.00%             | 2026-03-08      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAM2<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     503000 | PA      | $395026.02     | 0.00%             | 2049-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142ED1<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |      65000 | PA      | $64231.05      | 0.00%             | 2025-06-26      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCT0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    1010000 | PA      | $990527.20     | 0.00%             | 2033-05-10      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAB1<br>LEI: N/A                  | Long             | DBT              |  | US        |    1049000 | PA      | $978265.93     | 0.00%             | 2029-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EU2G3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     115867 | PA      | $112030.78     | 0.00%             | 2031-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                                                           | Chesapeake Energy Corp                                                           | CUSIP: 165167DF1<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     280000 | PA      | $271894.00     | 0.00%             | 2026-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140E6MN9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      36684 | PA      | $34082.55      | 0.00%             | 2045-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368CD3<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     315000 | PA      | $264020.40     | 0.00%             | 2031-11-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                                                                     | Alphabet Inc                                                                     | CUSIP: 02079KAB3<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     575000 | PA      | $568376.00     | 0.00%             | 2024-02-25      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY SOUTH                                                            | Dominion Energy South Carolina Inc                                               | CUSIP: 837004BV1<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |     266000 | PA      | $302205.26     | 0.00%             | 2032-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14912L6G1<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     355000 | PA      | $348052.65     | 0.00%             | 2024-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AD3<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     205000 | PA      | $218821.10     | 0.00%             | 2037-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Owens & Minor Inc                                                                | Owens & Minor Inc                                                                | CUSIP: 690732AE2<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |     470000 | PA      | $459368.60     | 0.00%             | 2024-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| WISCONSIN ELECTRIC POWER                                                         | Wisconsin Electric Power Co                                                      | CUSIP: 976656CL0<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |     165000 | PA      | $157400.10     | 0.00%             | 2024-12-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| VONTIER CORP                                                                     | Vontier Corp                                                                     | CUSIP: 928881AD3<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |     899000 | PA      | $742079.55     | 0.00%             | 2028-04-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                | CUSIP: 906548CM2<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |      75000 | PA      | $71331.75      | 0.00%             | 2027-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAL5<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    1765000 | PA      | $1535179.35    | 0.01%             | 2026-09-20      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397WW9<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     415000 | PA      | $400528.95     | 0.00%             | 2024-09-08      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAF7<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     760000 | PA      | $705834.80     | 0.00%             | 2026-07-14      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                                                        | Jabil Inc                                                                        | CUSIP: 466313AL7<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     610000 | PA      | $551067.90     | 0.00%             | 2026-04-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae                                                                       | CUSIP: 21H012623<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8600000 | PA      | $7111460.92    | 0.03%             | 2053-02-21      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORP                                                            | Oglethorpe Power Corp                                                            | CUSIP: 677050AQ9<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |     255000 | PA      | $197946.30     | 0.00%             | 2050-08-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2019-1 CLASS AA                                                          | JetBlue 2019-1 Class AA Pass Through Trust                                       | CUSIP: 477143AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     193091 | PA      | $161736.82     | 0.00%             | 2032-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29278NAQ6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    1028000 | PA      | $943313.36     | 0.00%             | 2030-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CMT MTN PTE LTD                                                                  | CMT MTN Pte Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300OIICCYS9131T35 | Long             | DBT              |  | SG        |     200000 | PA      | $186888.00     | 0.00%             | 2029-04-04      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7X28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     189198 | PA      | $185656.11     | 0.00%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YAY7<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    1105000 | PA      | $1034478.90    | 0.00%             | 2027-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VAL4<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     615000 | PA      | $567915.60     | 0.00%             | 2047-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833DZ0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1042000 | PA      | $703881.42     | 0.00%             | 2050-08-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                             | CUSIP: 94106LBN8<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    1088000 | PA      | $929358.72     | 0.00%             | 2028-03-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PAM8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2597000 | PA      | $2433414.97    | 0.01%             | 2029-01-23      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2V4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2575000 | PA      | $2447743.50    | 0.01%             | 2028-03-24      | Fixed         | 3.53%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PCX8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    1077000 | PA      | $983214.84     | 0.00%             | 2047-01-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YAM1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    2238000 | PA      | $2066009.70    | 0.01%             | 2042-11-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VAW3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     532000 | PA      | $507091.76     | 0.00%             | 2042-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                     | CUSIP: 456837BC6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     221000 | PA      | $205980.84     | 0.00%             | 2033-03-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                                                         | NCR Corp                                                                         | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     415000 | PA      | $369146.65     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CNAC HK Finbridge Co Ltd                                                         | CNAC HK Finbridge Co Ltd                                                         | CUSIP: 000000000<br>LEI: 549300US1UQ7R7WABI28 | Long             | DBT              | CORP              | HK        |     800000 | PA      | $792760.00     | 0.00%             | 2025-03-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CT4<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     225000 | PA      | $193236.75     | 0.00%             | 2031-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UNITED OVERSEAS BANK LTD                                                         | United Overseas Bank Ltd                                                         | CUSIP: 000000000<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |     800000 | PA      | $714816.00     | 0.00%             | 2031-03-16      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FZ4<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    1190000 | PA      | $982821.00     | 0.00%             | 2051-01-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BGC PARTNERS INC                                                                 | BGC Partners Inc                                                                 | CUSIP: 05541TAM3<br>LEI: TF1LXM1YNB81WKUH5G19 | Long             | DBT              | CORP              | US        |     365000 | PA      | $351973.15     | 0.00%             | 2024-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442RAB7<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |      76000 | PA      | $69746.72      | 0.00%             | 2044-03-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BN5<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1010000 | PA      | $1033765.30    | 0.00%             | 2025-12-03      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 94974BGH7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1251000 | PA      | $1207277.55    | 0.01%             | 2025-02-19      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081DK6<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    1016000 | PA      | $1002466.88    | 0.00%             | 2044-05-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YAD1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     565000 | PA      | $538507.15     | 0.00%             | 2026-04-12      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                                                  | Oklahoma Gas and Electric Co                                                     | CUSIP: 678858BT7<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |     195000 | PA      | $187625.10     | 0.00%             | 2028-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Inc                                                           | Berkshire Hathaway Inc                                                           | CUSIP: 084670BS6<br>LEI: 5493000C01ZX7D35SD85 | Long             | DBT              | CORP              | US        |    1735000 | PA      | $1685552.50    | 0.01%             | 2026-03-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFS8<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     200000 | PA      | $202032.00     | 0.00%             | 2032-09-09      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GFD6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     300000 | PA      | $294225.00     | 0.00%             | 2029-08-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308HW0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     819000 | PA      | $752349.78     | 0.00%             | 2027-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                       | CUSIP: 80282KBC9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     585000 | PA      | $515373.30     | 0.00%             | 2028-01-06      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                                       | Pfizer Inc                                                                       | CUSIP: 717081EZ2<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     849000 | PA      | $654290.34     | 0.00%             | 2040-05-28      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CPPIB CAPITAL INC                                                                | CPPIB Capital Inc                                                                | CUSIP: 22411VAU2<br>LEI: 549300KW9NB55HTDK075 | Long             | DBT              | NUSS              | CA        |     200000 | PA      | $178686.00     | 0.00%             | 2026-09-09      | Fixed         | 0.88%                 | No            |                  2 | On Loan: —       |
| CITADEL FINANCE LLC                                                              | Citadel Finance LLC                                                              | CUSIP: 17287HAA8<br>LEI: 549300BQL283NCR7P163 | Long             | DBT              | CORP              | US        |     675000 | PA      | $610287.75     | 0.00%             | 2026-03-09      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJW0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2022000 | PA      | $1626759.66    | 0.01%             | 2042-04-22      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                         | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BL3<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |     390000 | PA      | $337693.20     | 0.00%             | 2029-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC                                      | BBCMS Mortgage Trust 2020-C7                                                     | CUSIP: 05492VAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1330000 | PA      | $1124001.38    | 0.01%             | 2053-04-15      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAG9<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     392000 | PA      | $385735.84     | 0.00%             | 2024-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JL5<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     808000 | PA      | $673799.28     | 0.00%             | 2047-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                         | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     780000 | PA      | $599242.80     | 0.00%             | 2031-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Boardwalk Pipelines LP                                                           | Boardwalk Pipelines LP                                                           | CUSIP: 096630AE8<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |     323000 | PA      | $331314.02     | 0.00%             | 2026-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141EC23<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1076000 | PA      | $1060742.32    | 0.01%             | 2024-07-08      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MEAD JOHNSON NUTRITION C                                                         | Mead Johnson Nutrition Co                                                        | CUSIP: 582839AH9<br>LEI: E4BJRFT3MF4GJDY1SC50 | Long             | DBT              | CORP              | US        |    1224000 | PA      | $1210670.64    | 0.01%             | 2025-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q8VZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     185687 | PA      | $180080.67     | 0.00%             | 2048-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TEXAS CAPITAL BANCSHARES                                                         | Texas Capital Bancshares Inc                                                     | CUSIP: 88224QAA5<br>LEI: 549300466Q2SXRX0YM48 | Long             | DBT              | CORP              | US        |     280000 | PA      | $254536.80     | 0.00%             | 2031-05-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                            | CUSIP: 904764BG1<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |     150000 | PA      | $147754.50     | 0.00%             | 2024-03-07      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   32000000 | PA      | $28725000.00   | 0.14%             | 2026-07-31      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BM3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     455000 | PA      | $438060.35     | 0.00%             | 2026-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X4QW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2271016 | PA      | $2109974.92    | 0.01%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bestfoods                                                                        | Bestfoods                                                                        | CUSIP: 126149AD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $276600.00     | 0.00%             | 2026-12-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                                                             | Commercial Metals Co                                                             | CUSIP: 201723AP8<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     185000 | PA      | $160931.50     | 0.00%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Corp                                                                 | FirstEnergy Corp                                                                 | CUSIP: 337932AC1<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     624000 | PA      | $719883.84     | 0.00%             | 2031-11-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER FIN CA                                                              | Schlumberger Finance Canada Ltd                                                  | CUSIP: 80685XAC5<br>LEI: 549300P4EXZFF0LRNF59 | Long             | DBT              | CORP              | CA        |     570000 | PA      | $529638.30     | 0.00%             | 2025-09-17      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BV3<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |     760000 | PA      | $706693.60     | 0.00%             | 2027-03-10      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue       | LOS ANGELES CNTY CA MET TRANSPRTN AUTH SALES TAX                                 | CUSIP: 5447122H4<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |     500000 | PA      | $542795.00     | 0.00%             | 2039-06-01      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| Arch Capital Group Ltd                                                           | Arch Capital Group Ltd                                                           | CUSIP: 03937LAA3<br>LEI: 549300AYR4P8AFKDCE43 | Long             | DBT              | CORP              | BM        |     208000 | PA      | $244699.52     | 0.00%             | 2034-05-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| MASCO CORP                                                                       | Masco Corp                                                                       | CUSIP: 574599BP0<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     483000 | PA      | $391500.48     | 0.00%             | 2030-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AG TTMT ESCROW ISSUER                                                            | AG TTMT Escrow Issuer LLC                                                        | CUSIP: 00840KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     350000 | PA      | $360944.50     | 0.00%             | 2027-09-30      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                   | CUSIP: 025537AW1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     300000 | PA      | $322689.00     | 0.00%             | 2032-11-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| DPL INC                                                                          | DPL Inc                                                                          | CUSIP: 233293AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     227000 | PA      | $216623.83     | 0.00%             | 2025-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     505000 | PA      | $481461.95     | 0.00%             | 2024-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ORIX Corp                                                                        | ORIX Corp                                                                        | CUSIP: 686330AK7<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     404000 | PA      | $392663.76     | 0.00%             | 2024-12-04      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                                                            | Camden Property Trust                                                            | CUSIP: 133131AY8<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |     175000 | PA      | $131512.50     | 0.00%             | 2049-11-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT BK OF JAPAN                                                          | Development Bank of Japan Inc                                                    | CUSIP: 25159MAX5<br>LEI: 5493001HGBABMWFZUI25 | Long             | DBT              | NUSS              | JP        |     685000 | PA      | $654257.20     | 0.00%             | 2024-08-28      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| INTERCHILE SA                                                                    | Interchile SA                                                                    | CUSIP: 000000000<br>LEI: 549300Y105FQQX6RCE16 | Long             | DBT              | CORP              | CL        |     800000 | PA      | $682064.00     | 0.00%             | 2056-06-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                          | CUSIP: 404119BS7<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1800000 | PA      | $1829610.00    | 0.01%             | 2026-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312AJ5<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    1545000 | PA      | $1795985.25    | 0.01%             | 2038-01-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                       | CUSIP: 278865BG4<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     725000 | PA      | $441829.50     | 0.00%             | 2050-08-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: —       |
| Corning Inc                                                                      | Corning Inc                                                                      | CUSIP: 219350AX3<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     416000 | PA      | $401935.04     | 0.00%             | 2037-03-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                                               | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     981000 | PA      | $223974.56     | 0.00%             | 2025-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ENTERGY TEXAS INC                                                                | Entergy Texas Inc                                                                | CUSIP: 29365TAM6<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |     210000 | PA      | $210090.30     | 0.00%             | 2052-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                                                  | AdaptHealth LLC                                                                  | CUSIP: 00653VAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     465000 | PA      | $404573.25     | 0.00%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136B3J50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1842643 | PA      | $1806856.17    | 0.01%             | 2028-11-25      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAX2<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     765000 | PA      | $750442.05     | 0.00%             | 2028-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFF6<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     766000 | PA      | $748021.98     | 0.00%             | 2028-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 168863DQ8<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    1404000 | PA      | $932298.12     | 0.00%             | 2061-01-22      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KBK5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     556000 | PA      | $529790.16     | 0.00%             | 2079-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MX REMIT FUND FIDUC EST                                                          | Mexico Remittances Funding Fiduciary Estate Management Sarl                      | CUSIP: 000000000<br>LEI: 54930007WQ6S3GFCM563 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $369688.00     | 0.00%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QBN4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |      35000 | PA      | $40147.10      | 0.00%             | 2040-06-21      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WEIBO CORP                                                                       | Weibo Corp                                                                       | CUSIP: 948596AE1<br>LEI: 549300Q9ID4640FE0422 | Long             | DBT              | CORP              | KY        |    1560000 | PA      | $1306359.60    | 0.01%             | 2030-07-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI CORP                                                                  | Mitsubishi Corp                                                                  | CUSIP: 606769AG2<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | DBT              | CORP              | JP        |     330000 | PA      | $293033.40     | 0.00%             | 2026-07-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC                                                         | Crowdstrike Holdings Inc                                                         | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |     529000 | PA      | $454712.53     | 0.00%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LINK FINANCE CAYMAN 2009                                                         | Link Finance Cayman 2009 Ltd/The                                                 | CUSIP: 000000000<br>LEI: 254900J10LHB6JOSNR19 | Long             | DBT              |  | KY        |     200000 | PA      | $188738.00     | 0.00%             | 2026-07-21      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP OVERSEA 2015                                                         | Sinopec Group Overseas Development 2015 Ltd                                      | CUSIP: 000000000<br>LEI: 5299002Z28NLP3WPFH36 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $773448.00     | 0.00%             | 2025-04-28      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GS CALTEX CORP                                                                   | GS Caltex Corp                                                                   | CUSIP: 000000000<br>LEI: 988400KLBPXB4WMBUX18 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $194408.00     | 0.00%             | 2026-01-05      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QM5A8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8856670 | PA      | $7764008.96    | 0.04%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PROSPECT CAPITAL CORP                                                            | Prospect Capital Corp                                                            | CUSIP: 74348TAW2<br>LEI: 549300FSD8T39P5Q0O47 | Long             | DBT              | CORP              | US        |     310000 | PA      | $249856.90     | 0.00%             | 2028-10-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GS6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     175000 | PA      | $156551.50     | 0.00%             | 2029-08-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    1123000 | PA      | $1147144.50    | 0.01%             | 2036-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| MINOR INTERNATIONAL PCL                                                          | Minor International PCL                                                          | CUSIP: 000000000<br>LEI: 254900T4WB2UF9XPX041 | Long             | DBT              | CORP              | TH        |     200000 | PA      | $177030.00     | 0.00%             | 2026-04-19      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL                                                          | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: 000000000<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |    1000000 | PA      | $818570.00     | 0.00%             | 2027-08-04      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     758000 | PA      | $698413.62     | 0.00%             | 2027-08-17      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO                                                          | KazMunayGas National Co JSC                                                      | CUSIP: 000000000<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     600000 | PA      | $513546.00     | 0.00%             | 2048-10-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                                                       | Sprint LLC                                                                       | CUSIP: 85207UAH8<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    1625000 | PA      | $1661318.75    | 0.01%             | 2024-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CIMB BANK BHD                                                                    | CIMB Bank Bhd                                                                    | CUSIP: 000000000<br>LEI: SR3J0ZUTXT7OTFT2VU03 | Long             | DBT              | CORP              | MY        |     200000 | PA      | $199924.00     | 0.00%             | 2024-10-09      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BYT7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     322637 | PA      | $300086.17     | 0.00%             | 2047-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Republic of Guatemala                                                            | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     400000 | PA      | $382968.00     | 0.00%             | 2027-06-05      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CNPC GLOBAL CAPITAL                                                              | CNPC Global Capital Ltd                                                          | CUSIP: 000000000<br>LEI: 254900BS1UPERUNF4860 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $368568.00     | 0.00%             | 2025-06-23      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Consumers Energy Co                                                              | Consumers Energy Co                                                              | CUSIP: 210518DE3<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     255000 | PA      | $214636.05     | 0.00%             | 2050-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132VPK23<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      60724 | PA      | $62012.12      | 0.00%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BON SECOURS MERCY                                                                | Bon Secours Mercy Health Inc                                                     | CUSIP: 09778PAA3<br>LEI: 5493006NA7JSVYYYF398 | Long             | DBT              | CORP              | US        |     778000 | PA      | $716001.18     | 0.00%             | 2030-06-01      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     780000 | PA      | $736858.20     | 0.00%             | 2042-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NEDER WATERSCHAPSBANK                                                            | Nederlandse Waterschapsbank NV                                                   | CUSIP: 63983TBB0<br>LEI: JLP5FSPH9WPSHY3NIM24 | Long             | DBT              | NUSS              | NL        |     930000 | PA      | $882188.70     | 0.00%             | 2026-03-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK FIVE                                                              | CBB International Sukuk Co 5 Spc                                                 | CUSIP: 000000000<br>LEI: 549300UIGBDNBDGNI680 | Long             | DBT              | NUSS              | BH        |     400000 | PA      | $400532.00     | 0.00%             | 2024-02-12      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D4X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   43747145 | PA      | $36924371.28   | 0.18%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GR                                                         | Cogent Communications Group Inc                                                  | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |     270000 | PA      | $267516.00     | 0.00%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES 2020-AA                                                          | Delta Air Lines 2020-1 Class AA Pass Through Trust                               | CUSIP: 247361ZV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      72294 | PA      | $63027.89      | 0.00%             | 2028-06-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORP                                                            | Owl Rock Capital Corp                                                            | CUSIP: 69121KAG9<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     520000 | PA      | $431033.20     | 0.00%             | 2028-06-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FRANSHION BRILLIANT LTD                                                          | Franshion Brilliant Ltd                                                          | CUSIP: 000000000<br>LEI: 549300E3ZP4GOU3D4G57 | Long             | DBT              | CORP              | VG        |    1200000 | PA      | $1011108.00    | 0.00%             | 2029-07-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                                                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LBB5<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     490000 | PA      | $437276.00     | 0.00%             | 2030-06-30      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBV7<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     290000 | PA      | $287540.80     | 0.00%             | 2025-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                                                          | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     520000 | PA      | $473636.80     | 0.00%             | 2030-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                                                          | Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC                       | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |     735000 | PA      | $508326.00     | 0.00%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ERM49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      97621 | PA      | $94357.36      | 0.00%             | 2031-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Water System Revenue                         | EAST BAY CA MUNI UTILITY DIST WTR SYS REVENUE                                    | CUSIP: 271014TU6<br>LEI: 549300IZZ5HKLDKRTF96 | Long             | DBT              | MUN               | US        |     500000 | PA      | $568394.50     | 0.00%             | 2040-06-01      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| CLEVELAND CLINIC FOUND                                                           | Cleveland Clinic Foundation/The                                                  | CUSIP: 18600TAA0<br>LEI: 5493005LGDPOFHUC6Z36 | Long             | DBT              | CORP              | US        |     330000 | PA      | $309193.50     | 0.00%             | 2114-01-01      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   65500000 | PA      | $61662109.38   | 0.30%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FIVE POINT OP CO LP/FIVE                                                         | Five Point Operating Co LP / Five Point Capital Corp                             | CUSIP: 33834YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     440000 | PA      | $396101.20     | 0.00%             | 2025-11-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAD8<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |    1440000 | PA      | $1435132.80    | 0.01%             | 2025-05-28      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GHS1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1381000 | PA      | $1256475.23    | 0.01%             | 2050-03-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254CL2<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     750000 | PA      | $781972.50     | 0.00%             | 2025-11-16      | Fixed         | 7.78%                 | No            |                  2 | On Loan: —       |
| Wyeth LLC                                                                        | Wyeth LLC                                                                        | CUSIP: 983024AL4<br>LEI: 549300Q9GR3WRH4N4836 | Long             | DBT              | CORP              | US        |     622000 | PA      | $699022.26     | 0.00%             | 2036-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkey Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     400000 | PA      | $398664.00     | 0.00%             | 2027-09-24      | Fixed         | 8.60%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KKWK1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3195142 | PA      | $2716488.60    | 0.01%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ford Holdings LLC                                                                | Ford Holdings LLC                                                                | CUSIP: 345277AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     320000 | PA      | $369123.20     | 0.00%             | 2030-03-01      | Fixed         | 9.30%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122CN6<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1187000 | PA      | $1150013.08    | 0.01%             | 2026-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co                                                                 | Georgia Power Co                                                                 | CUSIP: 373334KA8<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     330000 | PA      | $293066.40     | 0.00%             | 2043-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140JPN35<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     672865 | PA      | $647148.21     | 0.00%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OMERS Finance Trust                                                              | OMERS Finance Trust                                                              | CUSIP: 682142AA2<br>LEI: 529900M039WCPES03P17 | Long             | DBT              | NUSS              | CA        |     250000 | PA      | $243257.50     | 0.00%             | 2024-05-02      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630CL0<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $182532.00     | 0.00%             | 2026-09-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: —       |
| VERMILION ENERGY INC                                                             | Vermilion Energy Inc                                                             | CUSIP: 923725AD7<br>LEI: WT03B8BB1IX8WI9ZGV02 | Long             | DBT              | CORP              | CA        |     270000 | PA      | $248961.60     | 0.00%             | 2030-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EAX7<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     290000 | PA      | $274105.10     | 0.00%             | 2026-05-11      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PBK7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    1037000 | PA      | $1268251.00    | 0.01%             | 2038-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BU5<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |     250000 | PA      | $242462.50     | 0.00%             | 2024-03-08      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                                                           | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AB9<br>LEI: N/A                  | Long             | DBT              |  | US        |     340000 | PA      | $332462.20     | 0.00%             | 2025-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| ConocoPhillips                                                                   | ConocoPhillips                                                                   | CUSIP: 20825CAF1<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | DBT              | CORP              | US        |     875000 | PA      | $977611.25     | 0.00%             | 2032-10-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CHENGDU COMM INVST GROUP                                                         | Chengdu Communications Investment Group Co Ltd                                   | CUSIP: 000000000<br>LEI: 5493004CBNAV0VR4W243 | Long             | DBT              | CORP              | CN        |     600000 | PA      | $557304.00     | 0.00%             | 2024-12-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                         | Visa Inc                                                                         | CUSIP: 92826CAJ1<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    1028000 | PA      | $905411.00     | 0.00%             | 2047-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VFP0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2750942 | PA      | $2554867.45    | 0.01%             | 2050-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JS0<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     252000 | PA      | $185028.48     | 0.00%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833AT7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1037000 | PA      | $1035185.25    | 0.00%             | 2044-05-06      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                                                         | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     245000 | PA      | $194755.40     | 0.00%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aquarion Co                                                                      | Aquarion Co                                                                      | CUSIP: 03838WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     736000 | PA      | $725968.32     | 0.00%             | 2024-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                | CUSIP: 872898AD3<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |     710000 | PA      | $583343.10     | 0.00%             | 2041-10-25      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                            | CUSIP: 88732JAN8<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    1183000 | PA      | $1269867.69    | 0.01%             | 2038-07-01      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION                                                                | Xerox Corp                                                                       | CUSIP: 984121CL5<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |     160000 | PA      | $109164.80     | 0.00%             | 2035-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                     | CUSIP: 651639AM8<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     672000 | PA      | $749958.72     | 0.00%             | 2039-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DMUS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5051108 | PA      | $4670523.64    | 0.02%             | 2051-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Danaher Corp                                                                     | Danaher Corp                                                                     | CUSIP: 235851AR3<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |     382000 | PA      | $367208.96     | 0.00%             | 2045-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     825000 | PA      | $305761.50     | 0.00%             | 2029-04-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYG3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1590000 | PA      | $1403524.80    | 0.01%             | 2027-09-10      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| RONGSHI INTERNATIONAL FI                                                         | Rongshi International Finance Ltd                                                | CUSIP: 000000000<br>LEI: 5493002NOQBAWLD8YZ55 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $389000.00     | 0.00%             | 2027-05-04      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK CHINA                                                         | Export-Import Bank of China/The                                                  | CUSIP: 000000000<br>LEI: 300300C1020211000045 | Long             | DBT              | NUSS              | CN        |     200000 | PA      | $193326.00     | 0.00%             | 2027-11-28      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE                                                         | Northwestern Mutual Life Insurance Co/The                                        | CUSIP: 668131AA3<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |     252000 | PA      | $272543.04     | 0.00%             | 2040-03-30      | Fixed         | 6.06%                 | No            |                  2 | On Loan: No      |
| Hubbell Inc                                                                      | Hubbell Inc                                                                      | CUSIP: 443510AJ1<br>LEI: 54930088VDQ6840Y6597 | Long             | DBT              | CORP              | US        |     260000 | PA      | $246396.80     | 0.00%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                                                  | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     665000 | PA      | $599484.20     | 0.00%             | 2030-01-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAC4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1765000 | PA      | $1748497.25    | 0.01%             | 2027-03-28      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                                                              | Kinetik Holdings LP                                                              | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |     675000 | PA      | $643821.75     | 0.00%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                                             | Colombia Government International Bond                                           | CUSIP: 195325BM6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1625000 | PA      | $1345727.50    | 0.01%             | 2041-01-18      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8LN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     192015 | PA      | $183430.97     | 0.00%             | 2046-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MATIV HOLDINGS INC                                                               | Mativ Holdings Inc                                                               | CUSIP: 808541AA4<br>LEI: 549300Z1FU4IDULG1R21 | Long             | DBT              | CORP              | US        |     235000 | PA      | $217370.30     | 0.00%             | 2026-10-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132QWP29<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       2821 | PA      | $2773.03       | 0.00%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GFB0<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     150000 | PA      | $148435.50     | 0.00%             | 2027-06-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | KANSAS ST DEV FIN AUTH REVENUE                                                   | CUSIP: 48542RSV7<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |     420000 | PA      | $306090.12     | 0.00%             | 2051-05-01      | Fixed         | 2.77%                 | No            |                  2 | On Loan: —       |
| Appalachian Power Co                                                             | Appalachian Power Co                                                             | CUSIP: 037735CX3<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |      75000 | PA      | $66782.25      | 0.00%             | 2049-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NORTHERN NATURAL GAS CO                                                          | Northern Natural Gas Co                                                          | CUSIP: 665501AM4<br>LEI: 5493007M02M6CT9EXE41 | Long             | DBT              | CORP              | US        |     519000 | PA      | $380338.77     | 0.00%             | 2051-10-16      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                                           | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     554000 | PA      | $541684.58     | 0.00%             | 2028-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                   | CUSIP: 406216BJ9<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    1272000 | PA      | $1244728.32    | 0.01%             | 2035-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                        | CUSIP: 26885BAA8<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     280000 | PA      | $271266.80     | 0.00%             | 2024-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78015K7L2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     560000 | PA      | $536883.20     | 0.00%             | 2024-01-19      | Fixed         | 0.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XUJV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       3891 | PA      | $3821.94       | 0.00%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                                                          | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     370000 | PA      | $375620.30     | 0.00%             | 2025-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   45700000 | PA      | $33268171.88   | 0.16%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| China Cinda Finance 2017                                                         | China Cinda Finance 2017 I Ltd                                                   | CUSIP: 000000000<br>LEI: 549300FRGSV52FLG5T09 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $984390.00     | 0.00%             | 2024-03-09      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8U52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5595696 | PA      | $5099807.71    | 0.02%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MAGELLAN MIDSTREAM PARTN                                                         | Magellan Midstream Partners LP                                                   | CUSIP: 559080AK2<br>LEI: MZF5TI8NFVZZNUSKDL39 | Long             | DBT              | CORP              | US        |     455000 | PA      | $458125.85     | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUTOMATIC DATA PROCESSNG                                                         | Automatic Data Processing Inc                                                    | CUSIP: 053015AE3<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |     501000 | PA      | $489552.15     | 0.00%             | 2025-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Airbus SE                                                                        | Airbus SE                                                                        | CUSIP: 009279AC4<br>LEI: MINO79WLOO247M1IL051 | Long             | DBT              | CORP              | NL        |      50000 | PA      | $43745.50      | 0.00%             | 2047-04-10      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Callon Petroleum Co                                                              | Callon Petroleum Co                                                              | CUSIP: 13123XAZ5<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |     250000 | PA      | $241822.50     | 0.00%             | 2026-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| SUMITOMO MITSUI TR BK LT                                                         | Sumitomo Mitsui Trust Bank Ltd                                                   | CUSIP: 86563VBC2<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |     285000 | PA      | $283019.25     | 0.00%             | 2025-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Alcan Inc                                                              | Rio Tinto Alcan Inc                                                              | CUSIP: 013716AQ8<br>LEI: 2138007ZSQ7B17SKOX77 | Long             | DBT              | CORP              | CA        |      75000 | PA      | $87829.50      | 0.00%             | 2031-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                                           | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AJ3<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |     550000 | PA      | $531256.00     | 0.00%             | 2026-08-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017BT5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    1573000 | PA      | $1509450.80    | 0.01%             | 2042-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   28800000 | PA      | $27459000.00   | 0.13%             | 2024-02-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBF1<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    1180000 | PA      | $900292.80     | 0.00%             | 2047-08-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                        | CUSIP: 502431AM1<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $993350.00     | 0.00%             | 2028-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Cencosud SA                                                                      | Cencosud SA                                                                      | CUSIP: 000000000<br>LEI: 549300NLTGCFV7482429 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $579132.00     | 0.00%             | 2027-07-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG                                                                     | ams-OSRAM AG                                                                     | CUSIP: 03217CAA4<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |     270000 | PA      | $260555.40     | 0.00%             | 2025-07-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BY7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1568000 | PA      | $1455025.60    | 0.01%             | 2029-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     950000 | PA      | $61664.50      | 0.00%             | 2030-02-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFQ7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     880000 | PA      | $822817.60     | 0.00%             | 2045-04-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VF CORP                                                                          | VF Corp                                                                          | CUSIP: 918204BC1<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |     160000 | PA      | $139052.80     | 0.00%             | 2030-04-23      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                                                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AN4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     712000 | PA      | $659611.04     | 0.00%             | 2029-06-14      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TUCSON ELECTRIC POWER CO                                                         | Tucson Electric Power Co                                                         | CUSIP: 898813AR1<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |     392000 | PA      | $317653.28     | 0.00%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDKZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1036397 | PA      | $925249.04     | 0.00%             | 2036-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516BS4<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     569000 | PA      | $507639.04     | 0.00%             | 2047-11-21      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| BANK OF CHINA/SYDNEY                                                             | Bank of China Ltd/Sydney                                                         | CUSIP: 000000000<br>LEI: 54930053HGCFWVHYZX42 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $187338.00     | 0.00%             | 2024-09-29      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCJ7<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     220000 | PA      | $179245.00     | 0.00%             | 2031-09-17      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    2050000 | PA      | $2319062.50    | 0.01%             | 2040-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: G82016AD1<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $189088.00     | 0.00%             | 2048-09-12      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBY0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1040000 | PA      | $1046728.80    | 0.01%             | 2028-08-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ZIFF DAVIS INC                                                                   | Ziff Davis Inc                                                                   | CUSIP: 48123VAF9<br>LEI: 5493008OJYGLHD7MXA18 | Long             | DBT              | CORP              | US        |     375000 | PA      | $331976.25     | 0.00%             | 2030-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                         | CUSIP: 92826CAN2<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     620000 | PA      | $494090.40     | 0.00%             | 2031-02-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO                                                         | Manufacturers & Traders Trust Co                                                 | CUSIP: 55279HAV2<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |     500000 | PA      | $499250.00     | 0.00%             | 2026-01-27      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FF9<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     254000 | PA      | $232531.92     | 0.00%             | 2042-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                                                     | Calpine Corp                                                                     | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     582000 | PA      | $498715.80     | 0.00%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBL0<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     560000 | PA      | $501732.00     | 0.00%             | 2029-09-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225401AZ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    1000000 | PA      | $964210.00     | 0.00%             | 2033-08-12      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE BANKING                                                          | Oversea-Chinese Banking Corp Ltd                                                 | CUSIP: 000000000<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |     400000 | PA      | $392496.00     | 0.00%             | 2032-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GLC1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1195000 | PA      | $1260294.80    | 0.01%             | 2028-11-10      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BU1<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     260000 | PA      | $244558.60     | 0.00%             | 2059-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDX84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     814488 | PA      | $742209.58     | 0.00%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BARRICK NA FINANCE LLC                                                           | Barrick North America Finance LLC                                                | CUSIP: 06849RAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     422000 | PA      | $454557.30     | 0.00%             | 2041-05-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PERNOD RIC INTL FIN LLC                                                          | Pernod Ricard International Finance LLC                                          | CUSIP: 71427QAA6<br>LEI: 5493009254WI1A8WXT48 | Long             | DBT              | CORP              | US        |     420000 | PA      | $357609.00     | 0.00%             | 2028-04-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                                                    | UniCredit SpA                                                                    | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |     800000 | PA      | $778120.00     | 0.00%             | 2034-04-02      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 92556HAB3<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     755000 | PA      | $696495.05     | 0.00%             | 2031-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| REDE D'OR FINANCE SARL                                                           | Rede D'or Finance Sarl                                                           | CUSIP: 000000000<br>LEI: 549300FDE772OLJUCP79 | Long             | DBT              | CORP              | LU        |     800000 | PA      | $742136.00     | 0.00%             | 2028-01-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $399088.00     | 0.00%             | 2028-09-12      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                                          | United Rentals North America Inc                                                 | CUSIP: 911365BF0<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     275000 | PA      | $273322.50     | 0.00%             | 2027-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WISCONSIN PUBLIC SERVICE                                                         | Wisconsin Public Service Corp                                                    | CUSIP: 976843BH4<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |     115000 | PA      | $92654.35      | 0.00%             | 2042-12-01      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WK3C7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     161477 | PA      | $156103.88     | 0.00%             | 2047-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ACS2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     148000 | PA      | $128765.92     | 0.00%             | 2029-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                                         | Comision Federal de Electricidad                                                 | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $284144.00     | 0.00%             | 2051-02-09      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| INDOFOOD CBP SUKSES MAKM                                                         | Indofood CBP Sukses Makmur Tbk PT                                                | CUSIP: 000000000<br>LEI: 254900YKZW9GRKZZN285 | Long             | DBT              | CORP              | ID        |    1000000 | PA      | $858310.00     | 0.00%             | 2031-06-09      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLBL                                                         | Northwestern Mutual Global Funding                                               | CUSIP: 66815L2K4<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |     450000 | PA      | $446904.00     | 0.00%             | 2027-09-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YBC4<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |     332000 | PA      | $318739.92     | 0.00%             | 2028-09-14      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526CD9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    1255000 | PA      | $1091159.75    | 0.01%             | 2031-09-18      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                          | CUSIP: 404119BQ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1300000 | PA      | $1301417.00    | 0.01%             | 2025-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Carlisle Cos Inc                                                                 | Carlisle Cos Inc                                                                 | CUSIP: 142339AG5<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |     269000 | PA      | $261459.93     | 0.00%             | 2024-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                 | CUSIP: 26884ABE2<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     180000 | PA      | $163206.00     | 0.00%             | 2045-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP                                                          | Australia & New Zealand Banking Group Ltd                                        | CUSIP: 052528AK2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |     295000 | PA      | $288515.90     | 0.00%             | 2026-05-19      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167EZ2<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    1660000 | PA      | $1497917.60    | 0.01%             | 2026-02-04      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| KLABIN AUSTRIA GMBH                                                              | Klabin Austria GmbH                                                              | CUSIP: 000000000<br>LEI: 984500578YEA8DD41B09 | Long             | DBT              | CORP              | AT        |     400000 | PA      | $400704.00     | 0.00%             | 2029-04-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CD6<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     850000 | PA      | $815116.00     | 0.00%             | 2028-01-11      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525BR3<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     810000 | PA      | $766527.30     | 0.00%             | 2052-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                              | CUSIP: 291011BR4<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |     605000 | PA      | $504896.70     | 0.00%             | 2031-12-21      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                            | CUSIP: 369550BH0<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     525000 | PA      | $509769.75     | 0.00%             | 2040-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BOUBYAN SUKUK LTD                                                                | Boubyan Sukuk Ltd                                                                | CUSIP: 000000000<br>LEI: 549300T2HAD9JJ1YV324 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $954600.00     | 0.00%             | 2025-02-18      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                                  | AstraZeneca PLC                                                                  | CUSIP: 046353AV0<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    1125000 | PA      | $1004062.50    | 0.00%             | 2026-04-08      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| American Greetings Corp                                                          | American Greetings Corp                                                          | CUSIP: 026375AR6<br>LEI: 549300WMJOT8C9DNMF90 | Long             | DBT              | CORP              | US        |      25000 | PA      | $24749.25      | 0.00%             | 2025-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| APACHE CORP                                                                      | Apache Corp                                                                      | CUSIP: 037411BF1<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     455000 | PA      | $417139.45     | 0.00%             | 2030-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                                                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AQ1<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     597000 | PA      | $573293.13     | 0.00%             | 2026-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GJ6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     278000 | PA      | $266465.78     | 0.00%             | 2028-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017BP3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     400000 | PA      | $448908.00     | 0.00%             | 2038-07-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CJ3<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1620000 | PA      | $1433019.60    | 0.01%             | 2052-04-13      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                                                        | Ball Corp                                                                        | CUSIP: 058498AX4<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     565000 | PA      | $463096.60     | 0.00%             | 2031-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    1080000 | PA      | $929080.80     | 0.00%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                                                           | Edgewell Personal Care Co                                                        | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |     454000 | PA      | $429370.50     | 0.00%             | 2028-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STATE GRID OVERSEAS INV                                                          | State Grid Overseas Investment BVI Ltd                                           | CUSIP: 000000000<br>LEI: 3003006V8BHG5158QO96 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $379824.00     | 0.00%             | 2026-05-18      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 000000000<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $419560.00     | 0.00%             | 2041-05-27      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EAU9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1144000 | PA      | $1104314.64    | 0.01%             | 2028-01-10      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| YIELDKING INVESTMENT LTD                                                         | Yieldking Investment Ltd                                                         | CUSIP: 000000000<br>LEI: 3003008OFTD3ORZ61396 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $526902.00     | 0.00%             | 2026-08-18      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| SPECTRA ENERGY PARTNERS                                                          | Spectra Energy Partners LP                                                       | CUSIP: 84756NAE9<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |     285000 | PA      | $293683.95     | 0.00%             | 2043-09-25      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GHZ5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2098000 | PA      | $1786971.50    | 0.01%             | 2031-02-13      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CW8<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     825000 | PA      | $635283.00     | 0.00%             | 2040-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MARS INC                                                                         | Mars Inc                                                                         | CUSIP: 571676AN5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     610000 | PA      | $447038.50     | 0.00%             | 2040-07-16      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DV7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     875000 | PA      | $757645.00     | 0.00%             | 2042-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 96949LAB1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     675000 | PA      | $660865.50     | 0.00%             | 2025-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZE3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    2000000 | PA      | $1767187.50    | 0.01%             | 2027-03-31      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VGF5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     515000 | PA      | $491716.85     | 0.00%             | 2024-03-22      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| UAE INT'L GOVT BOND                                                              | UAE INTERNATIONAL GOVERNMENT BOND                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |    1000000 | PA      | $784580.00     | 0.00%             | 2041-10-19      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571903BG7<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |      82000 | PA      | $70013.24      | 0.00%             | 2031-04-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PBD9<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     536000 | PA      | $534483.12     | 0.00%             | 2048-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Aegon NV                                                                         | Aegon NV                                                                         | CUSIP: 007924AJ2<br>LEI: O4QK7KMMK83ITNTHUG69 | Long             | DBT              | CORP              | NL        |     240000 | PA      | $228945.60     | 0.00%             | 2048-04-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    9100000 | PA      | $8765148.48    | 0.04%             | 2027-04-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HBT1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    1863000 | PA      | $1810705.59    | 0.01%             | 2024-10-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance LLC                                                             | Bayer US Finance LLC                                                             | CUSIP: 07274EAG8<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |     345000 | PA      | $335509.05     | 0.00%             | 2024-10-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                | CUSIP: 3622A2XW7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     676672 | PA      | $629515.08     | 0.00%             | 2046-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJNJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     938135 | PA      | $908879.65     | 0.00%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EAH8<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     980000 | PA      | $929471.20     | 0.00%             | 2026-04-11      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MEY6<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    1524000 | PA      | $1498747.32    | 0.01%             | 2026-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CICC HK FINANCE 2016 MTN                                                         | CICC Hong Kong Finance 2016 MTN Ltd                                              | CUSIP: 000000000<br>LEI: 529900N4NO8N9ILCZC31 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $193310.00     | 0.00%             | 2024-01-26      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                          | Southwestern Electric Power Co                                                   | CUSIP: 845437BS0<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     270000 | PA      | $245794.50     | 0.00%             | 2026-03-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                                                          | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     315000 | PA      | $299558.70     | 0.00%             | 2027-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJW53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      23795 | PA      | $23006.90      | 0.00%             | 2032-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAV3<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     500000 | PA      | $484755.00     | 0.00%             | 2033-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BECLE SA DE CV                                                                   | Becle SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 529900JY55CZKMJLCE09 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $483606.00     | 0.00%             | 2031-10-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AutoZone Inc                                                                     | AutoZone Inc                                                                     | CUSIP: 053332AV4<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     458000 | PA      | $445377.52     | 0.00%             | 2027-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XJBB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8703048 | PA      | $7642203.26    | 0.04%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ohio Turnpike & Infrastructure Commission                                        | OHIO ST TURNPIKE COMMISSION                                                      | CUSIP: 67760HNB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     160000 | PA      | $121035.52     | 0.00%             | 2048-02-15      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                                                          | Reliance Industries Ltd                                                          | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |     250000 | PA      | $176257.50     | 0.00%             | 2062-01-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAG9<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    1600000 | PA      | $1513264.00    | 0.01%             | 2028-01-19      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233851DW1<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    1143000 | PA      | $1044004.77    | 0.01%             | 2029-08-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $773712.00     | 0.00%             | 2024-08-08      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EZU4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    1215000 | PA      | $1143229.95    | 0.01%             | 2024-07-29      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFB0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1623000 | PA      | $1611996.06    | 0.01%             | 2024-01-22      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CHINA CINDA FINANCE 2017                                                         | China Cinda Finance 2017 I Ltd                                                   | CUSIP: 000000000<br>LEI: 549300FRGSV52FLG5T09 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $195328.00     | 0.00%             | 2025-02-08      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DF3<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     800000 | PA      | $711288.00     | 0.00%             | 2026-02-09      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                                                  | BAE Systems PLC                                                                  | CUSIP: 05523RAD9<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |     210000 | PA      | $192927.00     | 0.00%             | 2030-04-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828W71<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   12900000 | PA      | $12523078.13   | 0.06%             | 2024-03-31      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CN7<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     360000 | PA      | $317095.20     | 0.00%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sharjah Sukuk Ltd                                                                | Sharjah Sukuk Ltd                                                                | CUSIP: 000000000<br>LEI: 549300VHQQGE2OA0DQ91 | Long             | DBT              | NUSS              | KY        |     400000 | PA      | $391828.00     | 0.00%             | 2024-09-17      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2P1<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     185000 | PA      | $173822.30     | 0.00%             | 2024-09-13      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                                                               | Rithm Capital Corp                                                               | CUSIP: 64828TAA0<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              |  | US        |     340000 | PA      | $316614.80     | 0.00%             | 2025-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP                                                               | Mattamy Group Corp                                                               | CUSIP: 57701RAJ1<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |     360000 | PA      | $329356.80     | 0.00%             | 2027-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AKBANK TAS                                                                       | Akbank TAS                                                                       | CUSIP: 00971YAH3<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $383368.00     | 0.00%             | 2026-02-06      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                                            | Caesars Entertainment Inc                                                        | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    1260000 | PA      | $1278900.00    | 0.01%             | 2027-07-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063DGE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     125000 | PA      | $122692.75     | 0.00%             | 2038-04-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| OLD REPUBLIC INTL CORP                                                           | Old Republic International Corp                                                  | CUSIP: 680223AK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     303000 | PA      | $290995.14     | 0.00%             | 2026-08-26      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1368000 | PA      | $1069242.48    | 0.01%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D54E9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1897647 | PA      | $1828778.97    | 0.01%             | 2034-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                         | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BH2<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |     360000 | PA      | $358185.60     | 0.00%             | 2026-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                                                   | Constellium SE                                                                   | CUSIP: 21039CAA2<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     250000 | PA      | $236590.00     | 0.00%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048CD8<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     890000 | PA      | $846568.00     | 0.00%             | 2024-10-17      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | Post Holdings Inc                                                                | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $909916.40     | 0.00%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WILLOW NO.2 FOR ZURICH I                                                         | Willow No 2 Ireland PLC for Zurich Insurance Co Ltd                              | CUSIP: 000000000<br>LEI: 549300B0B1XTFDS6V025 | Long             | DBT              | CORP              | IE        |     600000 | PA      | $561252.00     | 0.00%             | 2045-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                          | Bayer US Finance II LLC                                                          | CUSIP: 07274NBF9<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |     854000 | PA      | $711757.76     | 0.00%             | 2044-07-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABR7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     880000 | PA      | $845002.40     | 0.00%             | 2024-01-08      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| AMCOR FINANCE USA INC                                                            | Amcor Finance USA Inc                                                            | CUSIP: 02343UAH8<br>LEI: 549300ZMT7FVT8R77U18 | Long             | DBT              | CORP              | US        |     192000 | PA      | $187152.00     | 0.00%             | 2028-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 292480AH3<br>LEI: 549300TLGDBYE711G509 | Long             | DBT              | CORP              | US        |     845000 | PA      | $830660.35     | 0.00%             | 2024-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                           | GE HealthCare Technologies Inc                                                   | CUSIP: 36267VAA1<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    1680000 | PA      | $1695405.60    | 0.01%             | 2024-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Duke Energy Indiana LLC                                                          | Duke Energy Indiana LLC                                                          | CUSIP: 693627AY7<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |      11000 | PA      | $11846.23      | 0.00%             | 2035-10-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| HKT CAPITAL NO 6 LTD                                                             | HKT Capital No 6 Ltd                                                             | CUSIP: 000000000<br>LEI: 254900F4EZA4GPR3LG03 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $337972.00     | 0.00%             | 2032-01-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                                   | EPR Properties                                                                   | CUSIP: 26884UAB5<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |     330000 | PA      | $319248.60     | 0.00%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd/Dubai                                                             | ICICI Bank Ltd/Dubai                                                             | CUSIP: 45112FAJ5<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $192544.00     | 0.00%             | 2026-03-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Storage                                                                   | Public Storage                                                                   | CUSIP: 74460DAD1<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |     395000 | PA      | $371995.20     | 0.00%             | 2029-05-01      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                 | CUSIP: 026874DM6<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     559000 | PA      | $549966.56     | 0.00%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05583JAE2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     441000 | PA      | $423853.92     | 0.00%             | 2028-09-12      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| B&G Foods Inc                                                                    | B&G Foods Inc                                                                    | CUSIP: 05508RAE6<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |     555000 | PA      | $506604.00     | 0.00%             | 2025-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBG4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     100000 | PA      | $97308.00      | 0.00%             | 2028-10-16      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| CALUMET SPECIALTY PROD                                                           | Calumet Specialty Products Partners LP / Calumet Finance Corp                    | CUSIP: 131477AU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     353000 | PA      | $357398.38     | 0.00%             | 2024-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABT1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1185000 | PA      | $1014182.25    | 0.00%             | 2031-02-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EZM2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     915000 | PA      | $822969.30     | 0.00%             | 2026-01-20      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                     | CUSIP: 651639AW6<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     286000 | PA      | $307667.36     | 0.00%             | 2035-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLY42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   14161151 | PA      | $12460439.65   | 0.06%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $208107.50     | 0.00%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Weyerhaeuser Co                                                                  | Weyerhaeuser Co                                                                  | CUSIP: 962166BR4<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |     611000 | PA      | $706951.44     | 0.00%             | 2032-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| FS LUXEMBOURG SARL                                                               | FS Luxembourg Sarl                                                               | CUSIP: 000000000<br>LEI: 222100EKR3JUJPGGOY81 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $404420.00     | 0.00%             | 2025-12-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254CQ1<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     500000 | PA      | $511965.00     | 0.00%             | 2027-01-09      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                                             | M&T Bank Corp                                                                    | CUSIP: 71270QEB8<br>LEI: N4662XQCE3KKIZ6EZS08 | Long             | DBT              | CORP              | US        |     255000 | PA      | $251073.00     | 0.00%             | 2024-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                                           | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BF7<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     545000 | PA      | $527162.15     | 0.00%             | 2026-05-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| ENTERGY TEXAS INC                                                                | Entergy Texas Inc                                                                | CUSIP: 29365TAJ3<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |     505000 | PA      | $396899.70     | 0.00%             | 2049-09-30      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                                                       | Intuit Inc                                                                       | CUSIP: 46124HAC0<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |     844000 | PA      | $748366.36     | 0.00%             | 2027-07-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| AutoZone Inc                                                                     | AutoZone Inc                                                                     | CUSIP: 053332AW2<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     275000 | PA      | $261263.75     | 0.00%             | 2029-04-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09261BAJ9<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     100000 | PA      | $104048.00     | 0.00%             | 2027-11-03      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAS7<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     428000 | PA      | $420873.80     | 0.00%             | 2045-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YAZ4<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |     922000 | PA      | $729246.68     | 0.00%             | 2047-10-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AY9<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     565000 | PA      | $527998.15     | 0.00%             | 2027-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ORIX Corp                                                                        | ORIX Corp                                                                        | CUSIP: 686330AJ0<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     271000 | PA      | $261707.41     | 0.00%             | 2027-07-18      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| L3Harris Tech Inc                                                                | L3Harris Technologies Inc                                                        | CUSIP: 413875AN5<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |      15000 | PA      | $16232.25      | 0.00%             | 2040-12-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                            | CUSIP: 904764AU1<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |     398000 | PA      | $368345.02     | 0.00%             | 2026-07-28      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFN9<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     805000 | PA      | $783909.00     | 0.00%             | 2025-07-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PETRORIO LUX TRAD SARL                                                           | Petrorio Luxembourg Trading Sarl                                                 | CUSIP: 000000000<br>LEI: 222100466T5WZDU1B498 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $385716.00     | 0.00%             | 2026-06-09      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Nakilat Inc                                                                      | Nakilat Inc                                                                      | CUSIP: 62983PAA3<br>LEI: 2549006RMTDJWLLWF072 | Long             | DBT              | CORP              | MH        |     445908 | PA      | $469759.42     | 0.00%             | 2033-12-31      | Fixed         | 6.07%                 | No            |                  2 | On Loan: —       |
| FMG RESOURCES AUG 2006                                                           | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     465000 | PA      | $453426.15     | 0.00%             | 2030-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EXPT-IMPT BANK MALAYSIA                                                          | Export-Import Bank of Malaysia Bhd                                               | CUSIP: 000000000<br>LEI: 549300TCFMWGLMH7ZC74 | Long             | DBT              | NUSS              | MY        |     200000 | PA      | $179016.00     | 0.00%             | 2026-11-26      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                        | CUSIP: 502431AN9<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     658000 | PA      | $529084.64     | 0.00%             | 2031-01-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | KOREA DEVELOPMENT BANK                                                           | CUSIP: 500630DU9<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $390452.00     | 0.00%             | 2032-09-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd                                                              | Macquarie Group Ltd                                                              | CUSIP: 55608JAK4<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     555000 | PA      | $521111.70     | 0.00%             | 2028-11-28      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                                                   | Clorox Co/The                                                                    | CUSIP: 189054AZ2<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |      35000 | PA      | $35047.95      | 0.00%             | 2032-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                               | F&G Global Funding                                                               | CUSIP: 30321L2E1<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |     100000 | PA      | $98535.00      | 0.00%             | 2025-07-07      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BANK OF PHILIPPINE ISLAN                                                         | Bank of the Philippine Islands                                                   | CUSIP: 000000000<br>LEI: 549300UW4UH6XT2X8C50 | Long             | DBT              | CORP              | PH        |     200000 | PA      | $190716.00     | 0.00%             | 2024-09-10      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                                                         | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              |  | US        |     460000 | PA      | $382227.80     | 0.00%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     600000 | PA      | $451506.00     | 0.00%             | 2032-01-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    1300000 | PA      | $1343979.00    | 0.01%             | 2026-01-29      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RCP5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    2541000 | PA      | $2414509.02    | 0.01%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                    | CUSIP: 059165EN6<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |     503000 | PA      | $423450.55     | 0.00%             | 2031-06-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC                                                           | Patrick Industries Inc                                                           | CUSIP: 703343AC7<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |     340000 | PA      | $336810.80     | 0.00%             | 2027-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MASONITE INTERNATIONAL C                                                         | Masonite International Corp                                                      | CUSIP: 575385AD1<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | CA        |     330000 | PA      | $309503.70     | 0.00%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432CT0<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     125000 | PA      | $152306.25     | 0.00%             | 2032-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                                                                 | Spirit Realty LP                                                                 | CUSIP: 84861TAE8<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              |  | US        |     212000 | PA      | $193291.00     | 0.00%             | 2027-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FL2<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     779000 | PA      | $641436.39     | 0.00%             | 2047-06-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                                                             | Booking Holdings Inc                                                             | CUSIP: 741503AZ9<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |     967000 | PA      | $940533.21     | 0.00%             | 2026-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                   | CUSIP: 427866AW8<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     450000 | PA      | $358366.50     | 0.00%             | 2046-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HAWAIIAN BRAND INTELLECT                                                         | Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd             | CUSIP: 41984LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     805000 | PA      | $769410.95     | 0.00%             | 2026-01-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                   | Air Lease Corp                                                                   | CUSIP: 00912XBA1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     469000 | PA      | $449860.11     | 0.00%             | 2025-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VFF6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     455000 | PA      | $429597.35     | 0.00%             | 2027-03-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BK1<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     455000 | PA      | $362807.90     | 0.00%             | 2049-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| RADIAN GROUP INC                                                                 | Radian Group Inc                                                                 | CUSIP: 750236AX9<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |     682000 | PA      | $682872.96     | 0.00%             | 2025-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| AXALTA COAT/DUTCH HLD BV                                                         | Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV           | CUSIP: 05454NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     347000 | PA      | $327817.84     | 0.00%             | 2027-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| ALASKA AIRLINES 2020 TR                                                          | Alaska Airlines 2020-1 Class A Pass Through Trust                                | CUSIP: 01166VAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     282480 | PA      | $274937.64     | 0.00%             | 2027-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EAN5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    2299000 | PA      | $2258330.69    | 0.01%             | 2026-01-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                                                          | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAA0<br>LEI: N/A                  | Long             | DBT              |  | US        |    1550000 | PA      | $1529400.50    | 0.01%             | 2025-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                            | Northrop Grumman Corp                                                            | CUSIP: 666807BT8<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |     570000 | PA      | $583184.10     | 0.00%             | 2040-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVC0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     154000 | PA      | $147090.02     | 0.00%             | 2025-01-09      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMBZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2805141 | PA      | $2373428.20    | 0.01%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967NX5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    2325000 | PA      | $2360549.25    | 0.01%             | 2026-09-29      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MGLC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   18011143 | PA      | $15165408.57   | 0.07%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                                                   | CUSIP: 91412HKE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1305000 | PA      | $939305.07     | 0.00%             | 2051-05-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WH6K6<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      14902 | PA      | $14249.23      | 0.00%             | 2046-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SBJ1<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     870000 | PA      | $770324.10     | 0.00%             | 2030-05-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                      | CUSIP: 68389XCA1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1914000 | PA      | $1489551.36    | 0.01%             | 2051-03-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     388000 | PA      | $397207.24     | 0.00%             | 2041-03-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Republic of Azerbaijan                                                           | Republic of Azerbaijan International Bond                                        | CUSIP: 000000000<br>LEI: 549300P74FF45UQVU281 | Long             | DBT              | NUSS              | AZ        |     400000 | PA      | $397176.00     | 0.00%             | 2024-03-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DELUXE CORP                                                                      | Deluxe Corp                                                                      | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |     330000 | PA      | $282585.60     | 0.00%             | 2029-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CC6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     690000 | PA      | $623070.00     | 0.00%             | 2028-01-19      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                                             | Colombia Government International Bond                                           | CUSIP: 195325EF8<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1159000 | PA      | $1196528.42    | 0.01%             | 2033-04-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-1 AA PTT                                                         | American Airlines 2017-1 Class AA Pass Through Trust                             | CUSIP: 023761AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     363206 | PA      | $327724.63     | 0.00%             | 2029-02-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123CF5<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1800000 | PA      | $1766952.00    | 0.01%             | 2024-03-22      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ADVOCATE HEALTH CORP                                                             | Advocate Health & Hospitals Corp                                                 | CUSIP: 007589AD6<br>LEI: 549300AEHU3PPOUCIL87 | Long             | DBT              | CORP              | US        |      20000 | PA      | $16904.20      | 0.00%             | 2030-06-15      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Kemper Corp                                                                      | Kemper Corp                                                                      | CUSIP: 488401AB6<br>LEI: 549300FNI1JKTRY2PV09 | Long             | DBT              | CORP              | US        |     180000 | PA      | $176904.00     | 0.00%             | 2025-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                                       | JPMBB Commercial Mortgage Securities Trust 2015-C31                              | CUSIP: 46644YAU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6510971 | PA      | $6293265.12    | 0.03%             | 2048-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CA                                                                 | TotalEnergies Capital SA                                                         | CUSIP: 89152UAH5<br>LEI: 529900QI55ZLJVCMPA71 | Long             | DBT              | CORP              | FR        |    1031000 | PA      | $1019071.33    | 0.00%             | 2028-10-11      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2020-B21 Mortgage Trust                                                | CUSIP: 08163LAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2400000 | PA      | $1959230.09    | 0.01%             | 2053-12-17      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC/WESTFIEL                                                         | WEA Finance LLC / Westfield UK & Europe Finance PLC                              | CUSIP: 92890HAD4<br>LEI: N/A                  | Long             | DBT              |  | US        |     314000 | PA      | $231936.10     | 0.00%             | 2044-09-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| RAYONIER AM PROD INC                                                             | Rayonier AM Products Inc                                                         | CUSIP: 75508EAB4<br>LEI: 549300ZGRDDK1QM6MM16 | Long             | DBT              | CORP              | US        |     333000 | PA      | $310562.46     | 0.00%             | 2026-01-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| GEELY AUTOMOBILE                                                                 | Geely Automobile Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 549300YS3T1KVQ2SNI84 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $189744.00     | 0.00%             | 2024-12-09      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                       | CUSIP: 278865BN9<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     403000 | PA      | $273350.87     | 0.00%             | 2051-12-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| GRUPO AEROMEXICO SAB                                                             | Grupo Aeromexico SAB de CV                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     400000 | PA      | $361880.00     | 0.00%             | 2027-03-17      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 891160MJ9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    2362000 | PA      | $2229798.86    | 0.01%             | 2031-09-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044BZ3<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |      65000 | PA      | $75926.50      | 0.00%             | 2031-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FARMERS EXCHANGE CAP II                                                          | Farmers Exchange Capital II                                                      | CUSIP: 30958PAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     595000 | PA      | $594042.05     | 0.00%             | 2053-11-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                                                     | 7-Eleven Inc                                                                     | CUSIP: 817826AF7<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |     110000 | PA      | $77465.30      | 0.00%             | 2041-02-10      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PERENTI FINANCE PTY LTD                                                          | Perenti Finance Pty Ltd                                                          | CUSIP: 71367VAA7<br>LEI: 894500ZDIIAOXSQHE612 | Long             | DBT              | CORP              | AU        |     270000 | PA      | $266490.00     | 0.00%             | 2025-10-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06367TQW3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    1155000 | PA      | $1087028.25    | 0.01%             | 2024-07-09      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D6B3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   32465309 | PA      | $27391956.37   | 0.13%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBA3<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     269000 | PA      | $228340.65     | 0.00%             | 2042-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CWU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     159172 | PA      | $159579.76     | 0.00%             | 2048-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179QWE7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     125005 | PA      | $121078.76     | 0.00%             | 2044-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Team Health Holdings Inc                                                         | Team Health Holdings Inc                                                         | CUSIP: 88047PAA2<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |     425000 | PA      | $283526.00     | 0.00%             | 2025-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406FAE3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     524000 | PA      | $489740.88     | 0.00%             | 2026-08-17      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2110000 | PA      | $2010640.10    | 0.01%             | 2027-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                     | CUSIP: 863667AN1<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    1327000 | PA      | $1287256.35    | 0.01%             | 2026-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167FF5<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |      20000 | PA      | $17584.00      | 0.00%             | 2028-06-09      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAF9<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |      88000 | PA      | $82587.12      | 0.00%             | 2024-11-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                                                  | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $524544.00     | 0.00%             | 2028-04-23      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                                                    | TopBuild Corp                                                                    | CUSIP: 89055FAB9<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     275000 | PA      | $234726.25     | 0.00%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0KK4<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    1335000 | PA      | $1236997.65    | 0.01%             | 2027-03-14      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Precision Castparts Corp                                                         | Precision Castparts Corp                                                         | CUSIP: 740189AM7<br>LEI: 0XOOAY5P5J7Q734SEC89 | Long             | DBT              | CORP              | US        |     786000 | PA      | $764644.38     | 0.00%             | 2025-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UDR Inc                                                                          | UDR Inc                                                                          | CUSIP: 90265EAL4<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     337000 | PA      | $316025.12     | 0.00%             | 2026-09-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                                                   | Public Storage                                                                   | CUSIP: 74460WAA5<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |     450000 | PA      | $406080.00     | 0.00%             | 2026-02-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31307STN3<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     189389 | PA      | $180042.40     | 0.00%             | 2031-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE 2019                                                             | Huarong Finance 2019 Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300M6T6OW4AGYHK10 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $187798.00     | 0.00%             | 2024-11-13      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EL PUERTO DE LIVERPOOL                                                           | El Puerto de Liverpool SAB de CV                                                 | CUSIP: 000000000<br>LEI: 4469000001BO4JEXZL32 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $191652.00     | 0.00%             | 2026-10-06      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                            | CUSIP: 369550BM9<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    1020000 | PA      | $983943.00     | 0.00%             | 2030-04-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BL8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    1785000 | PA      | $1787338.35    | 0.01%             | 2027-01-26      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAH5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     870000 | PA      | $725475.60     | 0.00%             | 2031-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| STONEX GROUP INC                                                                 | StoneX Group Inc                                                                 | CUSIP: 46116VAE5<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |     235000 | PA      | $237498.05     | 0.00%             | 2025-06-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HBB3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     525000 | PA      | $514689.00     | 0.00%             | 2033-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAR1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     354000 | PA      | $335581.38     | 0.00%             | 2027-07-12      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| ENSTAR GROUP LTD                                                                 | Enstar Group Ltd                                                                 | CUSIP: 29359UAC3<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |     560000 | PA      | $434016.80     | 0.00%             | 2031-09-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FT6<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     150000 | PA      | $130950.00     | 0.00%             | 2045-05-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 42307TAG3<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     250000 | PA      | $279572.50     | 0.00%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KCA6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     280000 | PA      | $197307.60     | 0.00%             | 2052-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 68323AFG4<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    2143000 | PA      | $1897776.51    | 0.01%             | 2029-10-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | TENET HEALTHCARE CORP                                                            | CUSIP: 88033GDS6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     965000 | PA      | $943287.50     | 0.00%             | 2027-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 68323AFJ8<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     485000 | PA      | $409015.05     | 0.00%             | 2031-10-14      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Methanex Corp                                                                    | Methanex Corp                                                                    | CUSIP: 59151KAJ7<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     205000 | PA      | $171470.20     | 0.00%             | 2044-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAR0<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $184080.00     | 0.00%             | 2025-07-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| SIB SUKUK CO III LTD                                                             | SIB Sukuk Co III Ltd                                                             | CUSIP: 000000000<br>LEI: 549300VEBV0EQP2FCP08 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $570102.00     | 0.00%             | 2025-06-23      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ASB BANK LIMITED                                                                 | ASB Bank Ltd                                                                     | CUSIP: 00216LAE3<br>LEI: 549300IBZWZL1KTPF918 | Long             | DBT              | CORP              | NZ        |     410000 | PA      | $333699.00     | 0.00%             | 2031-10-22      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233DAT4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     118000 | PA      | $138144.96     | 0.00%             | 2032-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                                 | ABN AMRO Bank NV                                                                 | CUSIP: 00084DAV2<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |     895000 | PA      | $698547.50     | 0.00%             | 2037-03-13      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                                                         | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |     650000 | PA      | $612898.00     | 0.00%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY SOUTHERN                                                             | Kansas City Southern/Old                                                         | CUSIP: 485170BD5<br>LEI: 5493008C12PZMWP3WY03 | Long             | DBT              | CORP              | US        |     648000 | PA      | $577037.52     | 0.00%             | 2029-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                                                             | Republic of Italy Government International Bond                                  | CUSIP: 465410BX5<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    1902000 | PA      | $1806006.06    | 0.01%             | 2024-10-17      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                                                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AC2<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |      30000 | PA      | $26671.20      | 0.00%             | 2044-11-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAR7<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |    1200000 | PA      | $1096260.00    | 0.01%             | 2026-06-09      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GACI FIRST INVESTMENT                                                            | Gaci First Investment Co                                                         | CUSIP: 000000000<br>LEI: 558600TU1PWGNLZ3XM88 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $828880.00     | 0.00%             | 2032-10-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AY0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1000000 | PA      | $957830.00     | 0.00%             | 2030-06-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                                                             | Petronas Capital Ltd                                                             | CUSIP: 000000000<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |    1850000 | PA      | $1733468.50    | 0.01%             | 2050-04-21      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                                                          | Sasol Financing USA LLC                                                          | CUSIP: 80386WAD7<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |     600000 | PA      | $523698.00     | 0.00%             | 2031-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WLBG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     320444 | PA      | $310312.27     | 0.00%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138YUH79<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     163166 | PA      | $157711.31     | 0.00%             | 2030-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                                                               | Advance Auto Parts Inc                                                           | CUSIP: 00751YAF3<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     305000 | PA      | $264017.15     | 0.00%             | 2027-10-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HLL2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1441000 | PA      | $1408073.15    | 0.01%             | 2045-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVP1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     868000 | PA      | $758415.00     | 0.00%             | 2028-03-06      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138EHRM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2204 | PA      | $2145.20       | 0.00%             | 2027-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| POSCO                                                                            | POSCO                                                                            | CUSIP: 000000000<br>LEI: 9884000N94NH7G6LQ816 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $195840.00     | 0.00%             | 2025-08-04      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAQ6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    3135000 | PA      | $2604181.80    | 0.01%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| Sempra Energy                                                                    | Sempra Energy                                                                    | CUSIP: 816851BH1<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     368000 | PA      | $322437.92     | 0.00%             | 2038-02-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BS0<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     953000 | PA      | $841889.73     | 0.00%             | 2047-06-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| RITE AID CORP                                                                    | Rite Aid Corp                                                                    | CUSIP: 767754CK8<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |     358000 | PA      | $236118.90     | 0.00%             | 2025-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| INDIANA MICHIGAN POWER                                                           | Indiana Michigan Power Co                                                        | CUSIP: 454889AU0<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |     305000 | PA      | $222933.65     | 0.00%             | 2051-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAL8<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     270000 | PA      | $226883.70     | 0.00%             | 2031-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                      | CUSIP: 87612EAR7<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     250000 | PA      | $290975.00     | 0.00%             | 2037-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WKQY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     302548 | PA      | $306306.30     | 0.00%             | 2047-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967MP3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    2673000 | PA      | $2568352.05    | 0.01%             | 2031-03-31      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 06417XAB7<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     500000 | PA      | $469065.00     | 0.00%             | 2025-01-10      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Emerson Electric Co                                                              | Emerson Electric Co                                                              | CUSIP: 291011BG8<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |     135000 | PA      | $131191.65     | 0.00%             | 2025-06-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132QSG36<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      32443 | PA      | $32049.36      | 0.00%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL HLDGS BM LTD                                                            | Carnival Holdings Bermuda Ltd                                                    | CUSIP: 14366RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1465000 | PA      | $1581877.70    | 0.01%             | 2028-05-01      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| US AIRWAYS 2013-1A PTT                                                           | US Airways 2013-1 Class A Pass Through Trust                                     | CUSIP: 90346WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     213039 | PA      | $198117.65     | 0.00%             | 2025-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09261BAK6<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     200000 | PA      | $211658.00     | 0.00%             | 2033-04-22      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVD8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     355000 | PA      | $315800.90     | 0.00%             | 2030-01-09      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Toledo Hospital/The                                                              | Toledo Hospital/The                                                              | CUSIP: 889184AD9<br>LEI: 5493009DCR7NWV6K4T34 | Long             | DBT              | CORP              | US        |     174000 | PA      | $172470.54     | 0.00%             | 2038-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 168863DV7<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     800000 | PA      | $711536.00     | 0.00%             | 2034-01-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PIEDMONT HEALTHCARE INC                                                          | Piedmont Healthcare Inc                                                          | CUSIP: 72014TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     160000 | PA      | $128708.80     | 0.00%             | 2032-01-01      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                                                         | National Retail Properties Inc                                                   | CUSIP: 637417AJ5<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |     442000 | PA      | $421133.18     | 0.00%             | 2026-12-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFT6<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     350000 | PA      | $359964.50     | 0.00%             | 2052-09-09      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LBH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     310000 | PA      | $223705.30     | 0.00%             | 2052-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FARMERS EXCHANGE CAP III                                                         | Farmers Exchange Capital III                                                     | CUSIP: 30958QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      35000 | PA      | $32963.70      | 0.00%             | 2054-10-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                        | CUSIP: 361448BK8<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     355000 | PA      | $349103.45     | 0.00%             | 2033-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SHARJAH SUKUK PROGRAM                                                            | Sharjah Sukuk Program Ltd                                                        | CUSIP: 000000000<br>LEI: 549300N3BQ9P6RRMVV02 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $547920.00     | 0.00%             | 2030-04-04      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158BB1<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |     385000 | PA      | $357029.75     | 0.00%             | 2025-10-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PIEDMONT HEALTHCARE INC                                                          | Piedmont Healthcare Inc                                                          | CUSIP: 72014TAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      66000 | PA      | $43991.64      | 0.00%             | 2052-01-01      | Fixed         | 2.86%                 | No            |                  2 | On Loan: —       |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAC7<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    1202000 | PA      | $1160002.12    | 0.01%             | 2024-10-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A2W0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    1120000 | PA      | $1056462.40    | 0.01%             | 2024-04-16      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBH8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1487000 | PA      | $1398389.67    | 0.01%             | 2026-03-13      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| AGILE GROUP HOLDINGS LTD                                                         | Agile Group Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 549300ZRISRT38EEYY07 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $126168.00     | 0.00%             | 2025-01-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EULG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      51197 | PA      | $48947.26      | 0.00%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Precision Drilling Corp                                                          | Precision Drilling Corp                                                          | CUSIP: 740212AL9<br>LEI: 549300WF2OE8T5BP4B84 | Long             | DBT              | CORP              | CA        |     220000 | PA      | $218853.80     | 0.00%             | 2026-01-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                                                            | Svensk Exportkredit AB                                                           | CUSIP: 87031CAC7<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |     285000 | PA      | $266902.50     | 0.00%             | 2024-10-07      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| ORYX FUNDING LTD                                                                 | Oryx Funding Ltd                                                                 | CUSIP: 000000000<br>LEI: 549300S728CF0BBRC295 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $395032.00     | 0.00%             | 2031-02-03      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| SNAP-ON INC                                                                      | Snap-on Inc                                                                      | CUSIP: 833034AM3<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | DBT              | CORP              | US        |     110000 | PA      | $84856.20      | 0.00%             | 2050-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: —       |
| TALENT YIELD INTNTNL                                                             | Talent Yield International Ltd                                                   | CUSIP: 000000000<br>LEI: 2549002XKO8XBAXUDO24 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $365680.00     | 0.00%             | 2026-05-06      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                                                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AB4<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     205000 | PA      | $186367.55     | 0.00%             | 2034-11-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XAJP8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4350905 | PA      | $3837999.54    | 0.02%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                        | CUSIP: 95709TAP5<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |     220000 | PA      | $209077.00     | 0.00%             | 2027-04-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UML3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5833840 | PA      | $5753434.52    | 0.03%             | 2049-02-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                                                            | Lincoln National Corp                                                            | CUSIP: 534187BL2<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     190000 | PA      | $152993.70     | 0.00%             | 2050-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| AEP TEXAS INC                                                                    | AEP Texas Inc                                                                    | CUSIP: 00108WAN0<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     140000 | PA      | $108145.80     | 0.00%             | 2051-05-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                    | CUSIP: 47233JAG3<br>LEI: NY9Q8VBNB6D1L6YV0J84 | Long             | DBT              | CORP              | US        |     490000 | PA      | $491705.20     | 0.00%             | 2027-01-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                                                      | Aker BP ASA                                                                      | CUSIP: 00973RAF0<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |     372000 | PA      | $337370.52     | 0.00%             | 2030-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138YEN60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      41058 | PA      | $39665.30      | 0.00%             | 2045-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638DE9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     830000 | PA      | $773261.20     | 0.00%             | 2026-01-23      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMware Inc                                                                       | CUSIP: 928563AF2<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     976000 | PA      | $947959.52     | 0.00%             | 2030-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844BR8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     598000 | PA      | $559680.16     | 0.00%             | 2046-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                                                               | Realty Income Corp                                                               | CUSIP: 756109AS3<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     486000 | PA      | $458025.84     | 0.00%             | 2027-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                     | CUSIP: 055451AR9<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |     270000 | PA      | $252420.30     | 0.00%             | 2042-02-24      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BOC AVIATION LTD                                                                 | BOC Aviation Ltd                                                                 | CUSIP: 000000000<br>LEI: 254900H06V5RMEB3KE72 | Long             | DBT              | CORP              | SG        |     600000 | PA      | $570192.00     | 0.00%             | 2025-01-17      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                                                       | Carvana Co                                                                       | CUSIP: 146869AJ1<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    2120000 | PA      | $1134602.80    | 0.01%             | 2030-05-01      | Fixed         | 10.25%                | No            |                  2 | On Loan: —       |
| Nexa Resources SA                                                                | Nexa Resources SA                                                                | CUSIP: 000000000<br>LEI: 549300QRMRHM7GAU7L47 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $388048.00     | 0.00%             | 2027-05-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZE5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    1015000 | PA      | $951633.55     | 0.00%             | 2024-09-10      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| SWEDBANK AB                                                                      | Swedbank AB                                                                      | CUSIP: 87020PAP2<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |     970000 | PA      | $865094.50     | 0.00%             | 2026-11-16      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                           | Aviation Capital Group LLC                                                       | CUSIP: 05367AAH6<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     430000 | PA      | $410671.50     | 0.00%             | 2025-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                    | CUSIP: 143658BL5<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    1080000 | PA      | $982972.80     | 0.00%             | 2026-03-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WHPV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     304594 | PA      | $283304.02     | 0.00%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAL0<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     352000 | PA      | $258114.56     | 0.00%             | 2050-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83367TBJ7<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    1430000 | PA      | $1385598.50    | 0.01%             | 2025-04-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                   | CUSIP: 427866BE7<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     175000 | PA      | $146177.50     | 0.00%             | 2030-06-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co                                                                    | DTE Energy Co                                                                    | CUSIP: 233331AY3<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |     303000 | PA      | $283423.17     | 0.00%             | 2026-10-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDK7<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    2725000 | PA      | $2414622.50    | 0.01%             | 2027-02-24      | Fixed         | 1.11%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048BE7<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    3143000 | PA      | $2976263.85    | 0.01%             | 2027-06-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| LAND NORDRHEIN-WESTFALEN                                                         | State of North Rhine-Westphalia Germany                                          | CUSIP: 000000000<br>LEI: 529900VWPV1LPOHGJ702 | Long             | DBT              | NUSS              | DE        |     400000 | PA      | $382432.00     | 0.00%             | 2025-04-16      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FIN DEPT GOVT SHARJAH                                                            | Finance Department Government of Sharjah                                         | CUSIP: 000000000<br>LEI: 254900ZNL8O3F1CLJO24 | Long             | DBT              | NUSS              | AE        |     400000 | PA      | $278904.00     | 0.00%             | 2051-03-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics Inc                                                             | Verisk Analytics Inc                                                             | CUSIP: 92345YAD8<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     264000 | PA      | $258498.24     | 0.00%             | 2025-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDS7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    3028000 | PA      | $2112635.60    | 0.01%             | 2051-11-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EF1<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     305000 | PA      | $269125.90     | 0.00%             | 2045-11-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                | CUSIP: 3617BKN98<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     884928 | PA      | $817811.41     | 0.00%             | 2049-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YAQ2<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    2303000 | PA      | $2246000.75    | 0.01%             | 2025-05-14      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                                                         | Baylor Scott & White Holdings                                                    | CUSIP: 072863AF0<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |     525000 | PA      | $461601.00     | 0.00%             | 2046-11-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WHQA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2964 | PA      | $2910.77       | 0.00%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                                                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AJ0<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     295000 | PA      | $273978.30     | 0.00%             | 2048-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAN4<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     455000 | PA      | $399203.35     | 0.00%             | 2042-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                                                                  | CMS Energy Corp                                                                  | CUSIP: 125896BV1<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |     377000 | PA      | $302173.04     | 0.00%             | 2050-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048BV9<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     704000 | PA      | $679690.88     | 0.00%             | 2028-10-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526BZ1<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     437000 | PA      | $422329.91     | 0.00%             | 2026-01-13      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYJ7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2358000 | PA      | $1931437.80    | 0.01%             | 2032-07-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL Environmental Inc                                                            | CUSIP: 36168QAM6<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     600000 | PA      | $534426.00     | 0.00%             | 2028-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                                                             | Range Resources Corp                                                             | CUSIP: 75281ABJ7<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |     520000 | PA      | $535542.80     | 0.00%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                                                     | Entegris Inc                                                                     | CUSIP: 29362UAD6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     270000 | PA      | $231122.70     | 0.00%             | 2029-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| THREE GORGES FIN I KY                                                            | Three Gorges Finance I Cayman Islands Ltd                                        | CUSIP: 000000000<br>LEI: 549300FD0MPTWEITI779 | Long             | DBT              | CORP              | KY        |    1200000 | PA      | $1149888.00    | 0.01%             | 2026-06-02      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BN5<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     364000 | PA      | $319129.72     | 0.00%             | 2047-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBQ8<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     545000 | PA      | $519777.40     | 0.00%             | 2024-03-01      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PBW1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     535000 | PA      | $507094.40     | 0.00%             | 2042-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCG3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     720000 | PA      | $616521.60     | 0.00%             | 2028-09-17      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                                                           | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AF7<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |     390000 | PA      | $351210.60     | 0.00%             | 2026-12-14      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                                                        | TEGNA Inc                                                                        | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |     524000 | PA      | $492125.08     | 0.00%             | 2028-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ZI TECH LLC/ZI FIN CORP                                                          | ZoomInfo Technologies LLC/ZoomInfo Finance Corp                                  | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     480000 | PA      | $414052.80     | 0.00%             | 2029-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                            | CUSIP: 69371RQ25<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     210000 | PA      | $202003.20     | 0.00%             | 2024-08-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WAZ1<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     195000 | PA      | $183705.60     | 0.00%             | 2027-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| AHS Hospital Corp                                                                | AHS Hospital Corp                                                                | CUSIP: 001306AB5<br>LEI: 549300D7W3C9Z4RGJG34 | Long             | DBT              | CORP              | US        |      75000 | PA      | $77121.00      | 0.00%             | 2045-07-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FA6<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     203000 | PA      | $212293.34     | 0.00%             | 2040-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                                                     | Illumina Inc                                                                     | CUSIP: 452327AM1<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $829600.00     | 0.00%             | 2031-03-23      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CHINA ZHESHANG BANK/HK                                                           | China Zheshang Bank Co Ltd/Hong Kong                                             | CUSIP: 000000000<br>LEI: 300300C1031633000208 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $382684.00     | 0.00%             | 2024-03-16      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| TRANSURBAN FINANCE CO                                                            | Transurban Finance Co Pty Ltd                                                    | CUSIP: 89400PAK9<br>LEI: 54930081LPJMUMEA6E57 | Long             | DBT              | CORP              | AU        |     365000 | PA      | $296314.30     | 0.00%             | 2031-03-16      | Fixed         | 2.45%                 | No            |                  2 | On Loan: —       |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                            | CUSIP: 904764AX5<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |     507000 | PA      | $494436.54     | 0.00%             | 2024-05-05      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP PLC (THE)                                                             | Weir Group PLC/The                                                               | CUSIP: 94876QAA4<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |     585000 | PA      | $523534.05     | 0.00%             | 2026-05-13      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630DJ4<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $190804.00     | 0.00%             | 2024-03-09      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| RH INTL SINGAPORE CORP                                                           | RH International Singapore Corp Pte Ltd                                          | CUSIP: 000000000<br>LEI: 213800DFBAY9ELFJAI17 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $191670.00     | 0.00%             | 2028-03-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCM1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     986000 | PA      | $951864.68     | 0.00%             | 2048-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756BK5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     891000 | PA      | $965122.29     | 0.00%             | 2037-01-20      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SJS7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1587949 | PA      | $1484518.13    | 0.01%             | 2046-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VIBRANTZ TECH INC                                                                | Vibrantz Technologies Inc                                                        | CUSIP: 69357VAA3<br>LEI: 549300GYZ1T3S8OPH343 | Long             | DBT              | CORP              | US        |     500000 | PA      | $387045.00     | 0.00%             | 2030-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1640000 | PA      | $1530792.40    | 0.01%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AS3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     800000 | PA      | $622568.00     | 0.00%             | 2044-07-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MASCO CORP                                                                       | Masco Corp                                                                       | CUSIP: 574599BQ8<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     687000 | PA      | $557919.57     | 0.00%             | 2031-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GPS HOSPITALITY HOLDING                                                          | GPS Hospitality Holding Co LLC / GPS Finco Inc                                   | CUSIP: 36262BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     310000 | PA      | $191499.40     | 0.00%             | 2028-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| METIS MERGER SUB LLC                                                             | Metis Merger Sub LLC                                                             | CUSIP: 59155LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     475000 | PA      | $404947.00     | 0.00%             | 2029-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638DR0<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1125000 | PA      | $683313.75     | 0.00%             | 2121-07-28      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER                                                         | Wisconsin Electric Power Co                                                      | CUSIP: 976656CK2<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |     377000 | PA      | $336284.00     | 0.00%             | 2048-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM ESCROW LLC                                                            | Windstream Escrow LLC / Windstream Escrow Finance Corp                           | CUSIP: 97382WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     936000 | PA      | $757158.48     | 0.00%             | 2028-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL                                                         | First American Financial Corp                                                    | CUSIP: 31847RAG7<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |     100000 | PA      | $91329.00      | 0.00%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                          | CUSIP: 56585AAG7<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |     970000 | PA      | $952404.20     | 0.00%             | 2024-09-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                | CUSIP: 37045VAP5<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     554000 | PA      | $504605.36     | 0.00%             | 2038-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                                                          | Reinsurance Group of America Inc                                                 | CUSIP: 759351AN9<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |     706000 | PA      | $667367.68     | 0.00%             | 2029-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                                                                      | Federal Home Loan Mortgage Corp                                                  | CUSIP: 3137EAFA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    4120000 | PA      | $3963522.40    | 0.02%             | 2023-12-04      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                | CUSIP: 50249AAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     969000 | PA      | $786149.70     | 0.00%             | 2050-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| KWG GROUP HOLDINGS                                                               | KWG Group Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 549300LK82ZOM9ZE7H90 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $164972.00     | 0.00%             | 2024-11-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 000000000<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     600000 | PA      | $579354.00     | 0.00%             | 2043-05-20      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VDV3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     625000 | PA      | $643525.00     | 0.00%             | 2047-03-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DYCOM INDUSTRIES INC                                                             | Dycom Industries Inc                                                             | CUSIP: 267475AD3<br>LEI: 549300F56EKTHQI3WT60 | Long             | DBT              | CORP              | US        |     335000 | PA      | $299613.95     | 0.00%             | 2029-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550BP0<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     225000 | PA      | $204216.75     | 0.00%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175AZ7<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    1932000 | PA      | $1968398.88    | 0.01%             | 2035-10-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FC2<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     630000 | PA      | $539777.70     | 0.00%             | 2043-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                | CUSIP: 17275RAF9<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |    1404000 | PA      | $1551181.32    | 0.01%             | 2040-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2020-1C PTT                                                           | Air Canada 2020-1 Class C Pass Through Trust                                     | CUSIP: 008911BD0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     340000 | PA      | $360440.80     | 0.00%             | 2026-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132J86M7<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      17957 | PA      | $17336.11      | 0.00%             | 2043-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHUGOKU ELECTRIC POWER                                                           | Chugoku Electric Power Co Inc/The                                                | CUSIP: 000000000<br>LEI: 353800MV866ELME96Q46 | Long             | DBT              | CORP              | JP        |     400000 | PA      | $382304.00     | 0.00%             | 2024-08-27      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                                                      | Corning Inc                                                                      | CUSIP: 219350AV7<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     628000 | PA      | $664279.56     | 0.00%             | 2040-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081EC3<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     502000 | PA      | $485092.64     | 0.00%             | 2036-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BX2<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     545000 | PA      | $488134.70     | 0.00%             | 2029-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29268BAC5<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     895000 | PA      | $954150.55     | 0.00%             | 2037-09-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| LEVC FINANCE LTD                                                                 | Levc Finance Ltd                                                                 | CUSIP: 000000000<br>LEI: 65560030G47IRDOVP557 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $191588.00     | 0.00%             | 2024-03-25      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                        | CUSIP: 59523UAR8<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |     248000 | PA      | $221002.72     | 0.00%             | 2030-03-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                                                         | OCP SA                                                                           | CUSIP: 000000000<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     600000 | PA      | $507192.00     | 0.00%             | 2031-06-23      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YBV0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    1480000 | PA      | $1403972.40    | 0.01%             | 2026-11-21      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                            | Molina Healthcare Inc                                                            | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     477000 | PA      | $400107.60     | 0.00%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                   | CUSIP: 693304BC0<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     170000 | PA      | $120659.20     | 0.00%             | 2051-09-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Ziggo Bond Co BV                                                                 | Ziggo Bond Co BV                                                                 | CUSIP: 98954UAB9<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |     560000 | PA      | $529961.60     | 0.00%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCF5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     485000 | PA      | $326506.85     | 0.00%             | 2041-01-12      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ADVISOR GROUP HOLDINGS I                                                         | Advisor Group Holdings Inc                                                       | CUSIP: 00791GAA5<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |     210000 | PA      | $217003.50     | 0.00%             | 2027-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: —       |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                   | CUSIP: 09261HAK3<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     805000 | PA      | $705284.65     | 0.00%             | 2027-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TWILIO INC                                                                       | Twilio Inc                                                                       | CUSIP: 90138FAC6<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |     460000 | PA      | $390719.40     | 0.00%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TKQ7<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     340000 | PA      | $343434.00     | 0.00%             | 2028-01-12      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| VIVO ENERGY INVESTMENTS                                                          | Vivo Energy Investments BV                                                       | CUSIP: 92856HAB0<br>LEI: 724500P3OXMB2IERLM56 | Long             | DBT              | CORP              | NL        |      56000 | PA      | $52291.12      | 0.00%             | 2027-09-24      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PDK9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2775000 | PA      | $2851479.00    | 0.01%             | 2033-09-14      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| RECKITT BENCKISER TSY                                                            | Reckitt Benckiser Treasury Services PLC                                          | CUSIP: 75625QAD1<br>LEI: 213800LAXWIUOOBZ3908 | Long             | DBT              | CORP              | GB        |    1776000 | PA      | $1724496.00    | 0.01%             | 2024-06-26      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    5596000 | PA      | $4191739.76    | 0.02%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                                                         | SLM Corp                                                                         | CUSIP: 78442PGE0<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | DBT              | CORP              | US        |     360000 | PA      | $317872.80     | 0.00%             | 2026-11-02      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJB6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2293000 | PA      | $1960515.00    | 0.01%             | 2031-04-29      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDV5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     530000 | PA      | $495608.30     | 0.00%             | 2029-04-06      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Colonial Pipeline Co                                                             | Colonial Pipeline Co                                                             | CUSIP: 195869AG7<br>LEI: 549300Y8RLCD6IQXIT35 | Long             | DBT              | CORP              | US        |      15000 | PA      | $17545.05      | 0.00%             | 2032-04-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A3G4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     200000 | PA      | $171378.00     | 0.00%             | 2029-01-07      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BY8<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     392000 | PA      | $388201.52     | 0.00%             | 2028-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ACTIVISION BLIZZARD                                                              | Activision Blizzard Inc                                                          | CUSIP: 00507VAN9<br>LEI: 549300TPQQDBP9GNOF40 | Long             | DBT              | CORP              | US        |     746000 | PA      | $705186.34     | 0.00%             | 2047-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSUR & ANNUITY                                                         | Teachers Insurance & Annuity Association of America                              | CUSIP: 878091BD8<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |    1246000 | PA      | $1217030.50    | 0.01%             | 2044-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                                                         | MSCI Inc                                                                         | CUSIP: 55354GAQ3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     525000 | PA      | $430116.75     | 0.00%             | 2033-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                                              | Avantor Funding Inc                                                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    1016000 | PA      | $957569.84     | 0.00%             | 2028-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XNG7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5405079 | PA      | $5494399.95    | 0.03%             | 2052-12-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL BANK OF KOREA                                                         | Industrial Bank of Korea                                                         | CUSIP: 45604HAF4<br>LEI: 988400RBIWE3YA18PK12 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $382548.00     | 0.00%             | 2024-10-23      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| NOV INC                                                                          | NOV Inc                                                                          | CUSIP: 637071AK7<br>LEI: 549300EHF3IW1AR6U008 | Long             | DBT              | CORP              | US        |     710000 | PA      | $543043.50     | 0.00%             | 2042-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Post Holdings Inc                                                                | Post Holdings Inc                                                                | CUSIP: 737446AM6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     396000 | PA      | $390471.84     | 0.00%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CBG8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     625000 | PA      | $547200.00     | 0.00%             | 2032-03-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                        | CUSIP: 039483BM3<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |     227000 | PA      | $197921.30     | 0.00%             | 2047-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q9DC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     187070 | PA      | $189662.54     | 0.00%             | 2048-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081EV5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     125000 | PA      | $133776.25     | 0.00%             | 2037-02-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| TOWNGAS FINANCE LTD                                                              | Towngas Finance Ltd                                                              | CUSIP: 000000000<br>LEI: 254900V5OGCUFENZG093 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $196634.00     | 0.00%             | 2024-02-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UCE7<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     427000 | PA      | $419429.29     | 0.00%             | 2025-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516AT3<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     247000 | PA      | $273048.62     | 0.00%             | 2037-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Credit Suisse USA Inc                                                            | Credit Suisse USA Inc                                                            | CUSIP: 22541LAE3<br>LEI: EXD7DEVFDH4HOFFQ7349 | Long             | DBT              | CORP              | US        |     974000 | PA      | $1055338.74    | 0.01%             | 2032-07-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516CF1<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     505000 | PA      | $413983.85     | 0.00%             | 2031-09-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAX3<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     315000 | PA      | $247835.70     | 0.00%             | 2050-05-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| VITERRA FINANCE BV                                                               | Viterra Finance BV                                                               | CUSIP: 92852LAC3<br>LEI: 213800HBZGEIZLKJBI17 | Long             | DBT              | CORP              | NL        |     300000 | PA      | $288888.00     | 0.00%             | 2027-04-21      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WMJ62<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      20982 | PA      | $20198.75      | 0.00%             | 2047-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FZ6<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     420000 | PA      | $399436.80     | 0.00%             | 2032-09-01      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp                                                                    | Amphenol Corp                                                                    | CUSIP: 032095AG6<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     455000 | PA      | $446632.55     | 0.00%             | 2024-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                     | OREGON ST DEPT OF TRANSPRTN HIGHWAY USER TAX REVENUE                             | CUSIP: 68607DNL5<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     200000 | PA      | $221696.80     | 0.00%             | 2034-11-15      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                                                         | National Retail Properties Inc                                                   | CUSIP: 637417AR7<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |      55000 | PA      | $36214.20      | 0.00%             | 2052-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co LLC                                                          | AEP Transmission Co LLC                                                          | CUSIP: 00115AAM1<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     430000 | PA      | $353730.90     | 0.00%             | 2050-04-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659T2C4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     390000 | PA      | $265874.70     | 0.00%             | 2041-01-26      | Fixed         | 2.82%                 | No            |                  2 | On Loan: —       |
| WIPRO IT SERVICE                                                                 | Wipro IT Services LLC                                                            | CUSIP: 000000000<br>LEI: 549300S6XZZ65F0EJS98 | Long             | DBT              | CORP              | US        |     400000 | PA      | $355828.00     | 0.00%             | 2026-06-23      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAH4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    1335000 | PA      | $1303133.55    | 0.01%             | 2045-06-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                                              | Coinbase Global Inc                                                              | CUSIP: 19260QAD9<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |     700000 | PA      | $406798.00     | 0.00%             | 2031-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                                                            | Nippon Life Insurance Co                                                         | CUSIP: 654579AE1<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |     835000 | PA      | $819302.00     | 0.00%             | 2046-01-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| STATE GRID EUROPE DEVELO                                                         | State Grid Europe Development 2014 PLC                                           | CUSIP: 000000000<br>LEI: 529900B2DHSUP1S0V619 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $386480.00     | 0.00%             | 2025-04-07      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XHHM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11208024 | PA      | $10196100.57   | 0.05%             | 2037-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                 | CUSIP: 26884ABK8<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     633000 | PA      | $612345.21     | 0.00%             | 2028-12-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YBH1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    1160000 | PA      | $943207.60     | 0.00%             | 2031-07-10      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Bank of New Zealand                                                              | Bank of New Zealand                                                              | CUSIP: 06407EAA3<br>LEI: N7LGVZM7X4UQ66T7LT74 | Long             | DBT              | CORP              | NZ        |     789000 | PA      | $776912.52     | 0.00%             | 2024-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     990000 | PA      | $822977.10     | 0.00%             | 2063-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                                  | Danske Bank A/S                                                                  | CUSIP: 23636AAV3<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    1341000 | PA      | $1278455.76    | 0.01%             | 2025-12-20      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578QAB9<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    1037000 | PA      | $1025499.67    | 0.00%             | 2024-07-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ABERCROMBIE & FITCH MANA                                                         | Abercrombie & Fitch Management Co                                                | CUSIP: 003000AA4<br>LEI: 5493003QMCFDA98NPT74 | Long             | DBT              | CORP              | US        |     190000 | PA      | $191953.20     | 0.00%             | 2025-07-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CF3<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     544000 | PA      | $395422.72     | 0.00%             | 2050-05-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HKC3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1524000 | PA      | $1485092.28    | 0.01%             | 2025-01-23      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                     | CUSIP: 15135BAR2<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    2034000 | PA      | $1953026.46    | 0.01%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS INC                                                          | Cboe Global Markets Inc                                                          | CUSIP: 12503MAD0<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |     590000 | PA      | $515306.00     | 0.00%             | 2032-03-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JAPAN FIN ORG MUNICIPAL                                                          | Japan Finance Organization for Municipalities                                    | CUSIP: 471068AD8<br>LEI: 5493007YYYNZ4NMEOD64 | Long             | DBT              | NUSS              | JP        |     199000 | PA      | $190224.10     | 0.00%             | 2025-02-13      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | Equitable Holdings Inc                                                           | CUSIP: 054561AJ4<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |     948000 | PA      | $924992.04     | 0.00%             | 2028-04-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1140000 | PA      | $955411.20     | 0.00%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0BX5<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     230000 | PA      | $202121.70     | 0.00%             | 2042-08-07      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                                                       | Hasbro Inc                                                                       | CUSIP: 418056AX5<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     929000 | PA      | $897952.82     | 0.00%             | 2024-11-19      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TURKIYE PETROL RAFINERI                                                          | Turkiye Petrol Rafinerileri AS                                                   | CUSIP: 000000000<br>LEI: 789000RCNG97UV50EE03 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $382524.00     | 0.00%             | 2024-10-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                                                              | Prestige Brands Inc                                                              | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |     446000 | PA      | $378390.86     | 0.00%             | 2031-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS                                                           | Bausch Health Americas Inc                                                       | CUSIP: 91911XAV6<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |     300000 | PA      | $223104.00     | 0.00%             | 2026-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| D.R. HORTON INC                                                                  | DR Horton Inc                                                                    | CUSIP: 23331ABM0<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |     415000 | PA      | $399420.90     | 0.00%             | 2024-10-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE INSURANCE                                                          | New York Life Insurance Co                                                       | CUSIP: 64952GAQ1<br>LEI: TAE73CY392TBWJ3O3305 | Long             | DBT              | CORP              | US        |     857000 | PA      | $761650.18     | 0.00%             | 2069-05-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCR9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     270000 | PA      | $278583.30     | 0.00%             | 2028-01-13      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AP4<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     760000 | PA      | $742284.40     | 0.00%             | 2026-04-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM INT FIN                                                         | Deutsche Telekom International Finance BV                                        | CUSIP: 25156PBC6<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |     605000 | PA      | $580787.90     | 0.00%             | 2038-06-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023BP9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     260000 | PA      | $244626.20     | 0.00%             | 2025-10-30      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| US Renal Care Inc                                                                | US Renal Care Inc                                                                | CUSIP: 07335BAA4<br>LEI: 54930058SS5MF69JGN89 | Long             | DBT              | CORP              | US        |     338000 | PA      | $110688.24     | 0.00%             | 2027-07-15      | Fixed         | 10.63%                | No            |                  2 | On Loan: No      |
| Marathon Oil Corp                                                                | Marathon Oil Corp                                                                | CUSIP: 565849AM8<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | DBT              | CORP              | US        |     551000 | PA      | $499894.75     | 0.00%             | 2045-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                                                | Iliad Holding SASU                                                               | CUSIP: 449691AA2<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |     765000 | PA      | $724080.15     | 0.00%             | 2026-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468L6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1906000 | PA      | $1652635.42    | 0.01%             | 2031-01-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YAX3<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    1366000 | PA      | $1312780.64    | 0.01%             | 2029-03-07      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                       | CUSIP: 695114CX4<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     573000 | PA      | $444395.88     | 0.00%             | 2051-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UDR7<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     300000 | PA      | $309420.00     | 0.00%             | 2032-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     440000 | PA      | $282625.20     | 0.00%             | 2062-06-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162CS7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    1552000 | PA      | $1164000.00    | 0.01%             | 2050-02-21      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EMPRESA DE TRANSPORTE ME                                                         | Empresa de Transporte de Pasajeros Metro SA                                      | CUSIP: 000000000<br>LEI: 959800T4M5QUPYMSCH69 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $551010.00     | 0.00%             | 2047-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE LONDON                                                           | Credit Agricole SA/London                                                        | CUSIP: 22535WAD9<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    2039000 | PA      | $1985476.25    | 0.01%             | 2024-10-04      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCLX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2994500 | PA      | $2633419.35    | 0.01%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XAU0<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     360000 | PA      | $300636.00     | 0.00%             | 2043-04-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| FMC Corp                                                                         | FMC Corp                                                                         | CUSIP: 302491AS4<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4960.95       | 0.00%             | 2024-02-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| AMFAM HOLDINGS INC                                                               | AmFam Holdings Inc                                                               | CUSIP: 03115AAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     370000 | PA      | $256336.00     | 0.00%             | 2051-03-11      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TDW2<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     381000 | PA      | $373105.68     | 0.00%             | 2024-04-17      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MEH3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     856000 | PA      | $922322.88     | 0.00%             | 2039-02-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442UAM6<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     150000 | PA      | $105175.50     | 0.00%             | 2051-08-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PACCAR Financial Corp                                                            | PACCAR Financial Corp                                                            | CUSIP: 69371RQ66<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     349000 | PA      | $330729.85     | 0.00%             | 2025-02-06      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS                                                           | Axalta Coating Systems LLC                                                       | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |     495000 | PA      | $425591.10     | 0.00%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| SABAL TRAIL TRANS                                                                | Sabal Trail Transmission LLC                                                     | CUSIP: 78516FAC3<br>LEI: 5493002DWITGSZFUI977 | Long             | DBT              | CORP              | US        |     333000 | PA      | $309963.06     | 0.00%             | 2048-05-01      | Fixed         | 4.83%                 | No            |                  2 | On Loan: —       |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABR5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1515000 | PA      | $1404359.55    | 0.01%             | 2026-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                        | CUSIP: 13032UD96<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |      80000 | PA      | $75521.52      | 0.00%             | 2041-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABD6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    2032000 | PA      | $1954763.68    | 0.01%             | 2027-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                                                   | CUSIP: 91412F7Y7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     330000 | PA      | $370010.85     | 0.00%             | 2043-05-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DN4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     905000 | PA      | $719601.70     | 0.00%             | 2046-04-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Colgate-Palmolive Co                                                             | Colgate-Palmolive Co                                                             | CUSIP: 19416QEG1<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |     205000 | PA      | $202663.00     | 0.00%             | 2024-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375CJ9<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |     510000 | PA      | $486009.60     | 0.00%             | 2026-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GHA0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     963000 | PA      | $818761.86     | 0.00%             | 2049-01-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                      | CUSIP: 64966HMV9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     135000 | PA      | $139804.25     | 0.00%             | 2031-10-01      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAR7<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     188000 | PA      | $156139.64     | 0.00%             | 2052-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                        | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22                      | CUSIP: 61690FAM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     500000 | PA      | $479347.76     | 0.00%             | 2048-04-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WHT44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4405 | PA      | $4439.87       | 0.00%             | 2046-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                         | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BK5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |     773000 | PA      | $741832.64     | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 63743HFF4<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     500000 | PA      | $510190.00     | 0.00%             | 2025-10-30      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QAR7<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     245000 | PA      | $266944.65     | 0.00%             | 2037-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BRASKEM AMERICA FINANCE                                                          | Braskem America Finance Co                                                       | CUSIP: 000000000<br>LEI: 254900QMQAJ26H49CL75 | Long             | DBT              | CORP              | US        |     200000 | PA      | $204058.00     | 0.00%             | 2041-07-22      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375DB5<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |     455000 | PA      | $432254.55     | 0.00%             | 2052-08-05      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Leggett & Platt Inc                                                              | Leggett & Platt Inc                                                              | CUSIP: 524660AX5<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | DBT              | CORP              | US        |      20000 | PA      | $19540.00      | 0.00%             | 2024-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| NBN CO LTD                                                                       | NBN Co Ltd                                                                       | CUSIP: 62878U2A9<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |     405000 | PA      | $364686.30     | 0.00%             | 2026-05-05      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                       | CUSIP: 244199BH7<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     490000 | PA      | $472448.20     | 0.00%             | 2025-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857TAH0<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     290000 | PA      | $338798.30     | 0.00%             | 2030-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 92553PAW2<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     395000 | PA      | $321470.75     | 0.00%             | 2044-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    4250000 | PA      | $4404275.00    | 0.02%             | 2048-04-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EAW5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1148000 | PA      | $1108669.52    | 0.01%             | 2028-05-09      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBS5<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     690000 | PA      | $500360.40     | 0.00%             | 2042-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     574000 | PA      | $571652.34     | 0.00%             | 2026-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CAMPBELL SOUP CO                                                                 | Campbell Soup Co                                                                 | CUSIP: 134429BK4<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     323000 | PA      | $237182.13     | 0.00%             | 2050-04-24      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ACTIVISION BLIZZARD                                                              | Activision Blizzard Inc                                                          | CUSIP: 00507VAK5<br>LEI: 549300TPQQDBP9GNOF40 | Long             | DBT              | CORP              | US        |    1230000 | PA      | $1187097.60    | 0.01%             | 2026-09-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XJYC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1640957 | PA      | $1694042.88    | 0.01%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                                                       | Air Canada                                                                       | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |     710000 | PA      | $656920.40     | 0.00%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| RENAISSANCERE FINANCE                                                            | RenaissanceRe Finance Inc                                                        | CUSIP: 75972YAA9<br>LEI: 54930048ETFU7B0OJ457 | Long             | DBT              | CORP              | US        |      35000 | PA      | $34137.25      | 0.00%             | 2025-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833CD0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1491000 | PA      | $1338947.82    | 0.01%             | 2046-08-04      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MOLSON COORS BEVERAGE                                                            | Molson Coors Beverage Co                                                         | CUSIP: 60871RAH3<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |    1166000 | PA      | $976151.88     | 0.00%             | 2046-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SUNCOKE ENERGY INC                                                               | SunCoke Energy Inc                                                               | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |     300000 | PA      | $264000.00     | 0.00%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                 | CUSIP: 010392EZ7<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     130000 | PA      | $146429.40     | 0.00%             | 2038-05-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Tosco Corp                                                                       | Tosco Corp                                                                       | CUSIP: 891490AT1<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | DBT              | CORP              | US        |     110000 | PA      | $132018.70     | 0.00%             | 2030-02-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBY1<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     224000 | PA      | $209121.92     | 0.00%             | 2029-05-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91086QAV0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1880000 | PA      | $1919085.20    | 0.01%             | 2040-01-11      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                                                      | Truist Bank                                                                      | CUSIP: 86787GAJ1<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     915000 | PA      | $872443.35     | 0.00%             | 2026-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TG41<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2312553 | PA      | $2224622.01    | 0.01%             | 2047-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                  | CUSIP: 98389BAX8<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |     358000 | PA      | $280643.36     | 0.00%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OMERS FINANCE TRUST                                                              | OMERS Finance Trust                                                              | CUSIP: 682142AH7<br>LEI: 529900M039WCPES03P17 | Long             | DBT              | NUSS              | CA        |     385000 | PA      | $323942.85     | 0.00%             | 2052-04-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMDOCS LTD                                                                       | Amdocs Ltd                                                                       | CUSIP: 02342TAE9<br>LEI: 549300HQV672RJ7RQV66 | Long             | DBT              | CORP              | GG        |     617000 | PA      | $522197.95     | 0.00%             | 2030-06-15      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254CS7<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     500000 | PA      | $520665.00     | 0.00%             | 2029-01-09      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| SOUTH32 TREASURY LTD                                                             | South32 Treasury Ltd                                                             | CUSIP: 84055BAA1<br>LEI: 213800HFGZMXST64GP53 | Long             | DBT              | CORP              | AU        |     195000 | PA      | $176221.50     | 0.00%             | 2032-04-14      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NUFARM AUSTRALIA/AMERICA                                                         | Nufarm Australia Ltd / Nufarm Americas Inc                                       | CUSIP: 67052NAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |     200000 | PA      | $182386.00     | 0.00%             | 2030-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TCY9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2123181 | PA      | $2094488.01    | 0.01%             | 2047-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAK8<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     472000 | PA      | $421042.88     | 0.00%             | 2029-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179U4C3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3529087 | PA      | $3378786.77    | 0.02%             | 2049-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XBG0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     682000 | PA      | $682497.86     | 0.00%             | 2026-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X9Y90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1227392 | PA      | $1040176.78    | 0.00%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                                                    | Owens Corning                                                                    | CUSIP: 690742AK7<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     475000 | PA      | $447074.75     | 0.00%             | 2030-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNWM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5228627 | PA      | $4588717.44    | 0.02%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 035240AL4<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    1622000 | PA      | $1592560.70    | 0.01%             | 2028-04-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP                                                                | Toyota Motor Corp                                                                | CUSIP: 892331AG4<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |     615000 | PA      | $563173.95     | 0.00%             | 2029-07-02      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PCY6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     745000 | PA      | $721078.05     | 0.00%             | 2027-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                                                                | Clean Harbors Inc                                                                | CUSIP: 184496AN7<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |     355000 | PA      | $342447.20     | 0.00%             | 2027-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 69370RAH0<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $351772.00     | 0.00%             | 2030-08-27      | Fixed         | 3.10%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 31334YPK7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2001101 | PA      | $1859173.61    | 0.01%             | 2046-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                                                           | Credit Suisse AG/New York NY                                                     | CUSIP: 22546QAP2<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |    1693000 | PA      | $1613801.46    | 0.01%             | 2024-09-09      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368CC5<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |    1010000 | PA      | $881679.50     | 0.00%             | 2027-09-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| Republic of Poland                                                               | Republic of Poland Government International Bond                                 | CUSIP: 731011AU6<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    1560000 | PA      | $1508988.00    | 0.01%             | 2026-04-06      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| RENAISSANCERE HOLDINGS L                                                         | RenaissanceRe Holdings Ltd                                                       | CUSIP: 75968NAD3<br>LEI: EK6GB9U3U58PDI411C94 | Long             | DBT              | CORP              | BM        |     267000 | PA      | $247063.11     | 0.00%             | 2029-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                             | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     165000 | PA      | $142208.55     | 0.00%             | 2029-02-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254BY5<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    1040000 | PA      | $995321.60     | 0.00%             | 2025-01-12      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| CITY OF HOPE/THE                                                                 | City of Hope                                                                     | CUSIP: 17858PAA9<br>LEI: 549300QIQJNNQEIXBL15 | Long             | DBT              | CORP              | US        |     175000 | PA      | $179999.75     | 0.00%             | 2043-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                     | ING Groep NV                                                                     | CUSIP: 456837AM5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     788000 | PA      | $769545.04     | 0.00%             | 2028-10-02      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Puget Sound Energy Inc                                                           | Puget Sound Energy Inc                                                           | CUSIP: 745332CB0<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     460000 | PA      | $485594.40     | 0.00%             | 2040-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CHINA STATE CON FIN III                                                          | China State Construction Finance Cayman III Ltd                                  | CUSIP: 000000000<br>LEI: 213800XRJKUPOAC5S708 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $390140.00     | 0.00%             | 2024-12-03      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                             | CUSIP: 64990FRB2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     150000 | PA      | $125819.25     | 0.00%             | 2039-02-15      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123CB4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2250000 | PA      | $1424340.00    | 0.01%             | 2043-04-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                                                         | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op  | CUSIP: 150190AK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     215000 | PA      | $209749.70     | 0.00%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RBH4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     785000 | PA      | $707402.75     | 0.00%             | 2028-01-19      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                                         | Healthcare Realty Holdings LP                                                    | CUSIP: 42225UAF1<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              |  | US        |     375000 | PA      | $355980.00     | 0.00%             | 2027-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                                                            | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAB2<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |     465000 | PA      | $447557.85     | 0.00%             | 2027-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| KeySpan Gas East Corp                                                            | KeySpan Gas East Corp                                                            | CUSIP: 49338CAA1<br>LEI: K8TS3HOE1568DUBUJL44 | Long             | DBT              | CORP              | US        |     625000 | PA      | $637043.75     | 0.00%             | 2041-04-01      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                                                         | Olympus Water US Holding Corp                                                    | CUSIP: 681639AB6<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     265000 | PA      | $219859.90     | 0.00%             | 2029-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| VOLKSWAGEN GROUP AMERICA                                                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668BE1<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |     625000 | PA      | $602118.75     | 0.00%             | 2025-05-13      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| SPECIALTY BUILDING PRODU                                                         | Specialty Building Products Holdings LLC / SBP Finance Corp                      | CUSIP: 84749AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     500000 | PA      | $450285.00     | 0.00%             | 2026-09-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDL5<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    1338000 | PA      | $1186565.16    | 0.01%             | 2027-12-15      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    1075000 | PA      | $1142241.25    | 0.01%             | 2030-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                                                         | Willis North America Inc                                                         | CUSIP: 970648AL5<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     325000 | PA      | $321730.50     | 0.00%             | 2027-06-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                     | ING Groep NV                                                                     | CUSIP: 456837AQ6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     648000 | PA      | $616189.68     | 0.00%             | 2029-04-09      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058HT3<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    2236000 | PA      | $2126570.16    | 0.01%             | 2025-01-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                                                              | Meritage Homes Corp                                                              | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     205000 | PA      | $181627.95     | 0.00%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DC0<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    1000000 | PA      | $903680.00     | 0.00%             | 2025-09-21      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| EOG Resources Inc                                                                | EOG Resources Inc                                                                | CUSIP: 26875PAM3<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |     423000 | PA      | $411147.54     | 0.00%             | 2025-04-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                            | CUSIP: 760759AY6<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     783000 | PA      | $705811.86     | 0.00%             | 2025-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HB2<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    1221000 | PA      | $1197398.07    | 0.01%             | 2024-08-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111GB3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     638000 | PA      | $499911.28     | 0.00%             | 2061-06-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAQ8<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    1432000 | PA      | $1259200.56    | 0.01%             | 2027-06-14      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                                          | DCP Midstream Operating LP                                                       | CUSIP: 23311VAH0<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     390000 | PA      | $389532.00     | 0.00%             | 2029-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214FG3<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     545000 | PA      | $539206.65     | 0.00%             | 2033-08-10      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| EG GLOBAL FINANCE PLC                                                            | eG Global Finance PLC                                                            | CUSIP: 28228PAB7<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |     485000 | PA      | $463053.75     | 0.00%             | 2025-10-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                            | Vale Overseas Ltd                                                                | CUSIP: 91911TAQ6<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    1811000 | PA      | $1624847.31    | 0.01%             | 2030-07-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                                     | Entergy Corp                                                                     | CUSIP: 29364GAL7<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     512000 | PA      | $446039.04     | 0.00%             | 2030-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORP                                                                 | Boyd Gaming Corp                                                                 | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |     745000 | PA      | $708472.65     | 0.00%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE AMERICA LLC                                                         | Enel Finance America LLC                                                         | CUSIP: 29280HAB8<br>LEI: 549300EGNLVUJX1DEC60 | Long             | DBT              | CORP              | US        |     735000 | PA      | $477948.45     | 0.00%             | 2041-07-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| OLD REPUBLIC INTL CORP                                                           | Old Republic International Corp                                                  | CUSIP: 680223AL8<br>LEI: 549300IV6O2YY2A1KH37 | Long             | DBT              | CORP              | US        |     465000 | PA      | $352349.10     | 0.00%             | 2051-06-11      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                               | Credit Agricole SA                                                               | CUSIP: 22534PAB9<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     500000 | PA      | $453525.00     | 0.00%             | 2027-01-11      | Fixed         | 2.02%                 | No            |                  2 | On Loan: —       |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179V7D6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   24466658 | PA      | $21284794.94   | 0.10%             | 2051-02-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687GA8<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     490000 | PA      | $406753.90     | 0.00%             | 2060-05-13      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YAW9<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    1700000 | PA      | $1565785.00    | 0.01%             | 2046-05-14      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                                                            | Lincoln National Corp                                                            | CUSIP: 534187BK4<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     385000 | PA      | $337652.70     | 0.00%             | 2031-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CALLON PETROLEUM CO                                                              | Callon Petroleum Co                                                              | CUSIP: 13123XBF8<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |     560000 | PA      | $541861.60     | 0.00%             | 2030-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Life Storage LP                                                                  | Life Storage LP                                                                  | CUSIP: 53227JAA2<br>LEI: X0MIGH67XZCB7HL1A534 | Long             | DBT              |  | US        |     345000 | PA      | $327166.95     | 0.00%             | 2027-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| STERIS PLC                                                                       | STERIS Irish FinCo UnLtd Co                                                      | CUSIP: 85917PAB3<br>LEI: 549300BRDKZ1HFI2J358 | Long             | DBT              | CORP              | IE        |     665000 | PA      | $521353.35     | 0.00%             | 2051-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDG3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1078000 | PA      | $1012198.88    | 0.00%             | 2030-04-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| FOMENTO ECONOMICO MEX                                                            | Fomento Economico Mexicano SAB de CV                                             | CUSIP: 344419AB2<br>LEI: 549300A8MDWDJNMLV153 | Long             | DBT              | CORP              | MX        |     660000 | PA      | $568464.60     | 0.00%             | 2043-05-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDFV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3230125 | PA      | $2731766.38    | 0.01%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                     | CUSIP: 65473PAK1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    1107000 | PA      | $1009816.47    | 0.00%             | 2025-08-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                                                     | Linde Inc/CT                                                                     | CUSIP: 74005PBS2<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |     665000 | PA      | $402291.75     | 0.00%             | 2050-08-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EUX5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     879000 | PA      | $860321.25     | 0.00%             | 2024-03-07      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                   | CUSIP: 427866AX6<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     883000 | PA      | $822858.87     | 0.00%             | 2026-08-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q8VC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      24476 | PA      | $23375.93      | 0.00%             | 2048-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                                                           | Harvest Midstream I LP                                                           | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |     514000 | PA      | $505616.66     | 0.00%             | 2028-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                                          | United Rentals North America Inc                                                 | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     731000 | PA      | $647168.92     | 0.00%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Federal National Mortgage Association                                            | CUSIP: 3135G0Q22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    1025000 | PA      | $960148.25     | 0.00%             | 2026-09-24      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    1410000 | PA      | $1094583.00    | 0.01%             | 2035-11-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833ED8<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    2071000 | PA      | $1718909.29    | 0.01%             | 2031-02-08      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| CLECO CORPORATE HOLDINGS                                                         | Cleco Corporate Holdings LLC                                                     | CUSIP: 18551PAC3<br>LEI: 5493002H80P81B3HXL31 | Long             | DBT              | CORP              | US        |     862000 | PA      | $822192.84     | 0.00%             | 2026-05-01      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                         | Electricite de France SA                                                         | CUSIP: 268317AR5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     250000 | PA      | $210970.00     | 0.00%             | 2055-10-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                   | CUSIP: 958254AE4<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     365000 | PA      | $349757.60     | 0.00%             | 2025-06-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| KORN/FERRY INTERNATIONAL                                                         | Korn Ferry                                                                       | CUSIP: 50067PAA7<br>LEI: 549300FOD20OM0GT5G40 | Long             | DBT              | CORP              | US        |     180000 | PA      | $169252.20     | 0.00%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JU5<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     555000 | PA      | $382467.15     | 0.00%             | 2051-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   69200000 | PA      | $65439952.95   | 0.31%             | 2024-05-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J9Q53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     173757 | PA      | $171731.58     | 0.00%             | 2045-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KOHL'S CORPORATION                                                               | Kohl's Corp                                                                      | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |     320000 | PA      | $237276.80     | 0.00%             | 2031-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                              | Synchrony Financial                                                              | CUSIP: 87165BAP8<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     615000 | PA      | $587158.95     | 0.00%             | 2029-03-19      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GC TREASURY CENTRE CO                                                            | GC Treasury Center Co Ltd                                                        | CUSIP: 36830DAB7<br>LEI: 549300LUFQBC2EQNAR40 | Long             | DBT              | CORP              | TH        |    1800000 | PA      | $1512990.00    | 0.01%             | 2031-03-18      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWD59<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   12410432 | PA      | $10877067.81   | 0.05%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38143U8H7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1371000 | PA      | $1339179.09    | 0.01%             | 2026-02-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36197EFP6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     174426 | PA      | $167794.09     | 0.00%             | 2047-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| QNB FINANCE LTD                                                                  | QNB Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $373752.00     | 0.00%             | 2027-02-12      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QAB6<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     760000 | PA      | $752590.00     | 0.00%             | 2025-09-21      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 064159HB5<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    1075000 | PA      | $1064239.25    | 0.01%             | 2025-12-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROWN UNIVERSITY                                                                 | Brown University                                                                 | CUSIP: 11575TAC2<br>LEI: 9M13ULPHBPDR83N6CB89 | Long             | DBT              | CORP              | US        |      50000 | PA      | $37927.50      | 0.00%             | 2050-09-01      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167EU3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    2960000 | PA      | $2735424.80    | 0.01%             | 2025-04-29      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WED1<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $895690.00     | 0.00%             | 2026-06-09      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                               | Ally Financial Inc                                                               | CUSIP: 02005NBA7<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     545000 | PA      | $540225.80     | 0.00%             | 2025-03-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513ECL3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     460000 | PA      | $324649.60     | 0.00%             | 2051-09-01      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| ENN ENERGY HOLDINGS LTD                                                          | ENN Energy Holdings Ltd                                                          | CUSIP: 000000000<br>LEI: 549300V7BXPWT6WIPR03 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $672392.00     | 0.00%             | 2030-09-17      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                    | CUSIP: 461070AP9<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |     315000 | PA      | $309430.80     | 0.00%             | 2028-09-26      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK                                                                     | Kookmin Bank                                                                     | CUSIP: 000000000<br>LEI: 549300XXMOJSIW8P4769 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $388032.00     | 0.00%             | 2024-07-02      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2020-1 B PTT                                                          | United Airlines 2020-1 Class B Pass Through Trust                                | CUSIP: 90932VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     983960 | PA      | $953791.79     | 0.00%             | 2026-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                                                                 | TKC Holdings Inc                                                                 | CUSIP: 87256YAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     335000 | PA      | $273939.55     | 0.00%             | 2028-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D6C1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   18951248 | PA      | $16641214.09   | 0.08%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GWL4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1753000 | PA      | $1672011.40    | 0.01%             | 2028-06-05      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                                                              | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    1000000 | PA      | $715470.00     | 0.00%             | 2033-09-28      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                              | CUSIP: 20268JAA1<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    1011000 | PA      | $977515.68     | 0.00%             | 2024-10-01      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| ANZ NEW ZEALAND INTL/LDN                                                         | ANZ New Zealand Int'l Ltd/London                                                 | CUSIP: 00182EBP3<br>LEI: 213800VD256NU2D97H12 | Long             | DBT              | CORP              | NZ        |     345000 | PA      | $326242.35     | 0.00%             | 2025-02-18      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| EQUATE PETROCHEMICAL BV                                                          | Equate Petrochemical BV                                                          | CUSIP: 000000000<br>LEI: 635400Y3Z5R4NJSMQ630 | Long             | DBT              | CORP              | NL        |     600000 | PA      | $535932.00     | 0.00%             | 2028-04-28      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                   | CUSIP: 855244BC2<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     840000 | PA      | $746289.60     | 0.00%             | 2032-02-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAS2<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |     373000 | PA      | $333529.14     | 0.00%             | 2044-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                    | CUSIP: 960413AZ5<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |     515000 | PA      | $343221.75     | 0.00%             | 2051-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756AE0<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    1170000 | PA      | $1376575.20    | 0.01%             | 2027-05-15      | Fixed         | 10.13%                | No            |                  2 | On Loan: —       |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599CL7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     205000 | PA      | $163717.10     | 0.00%             | 2047-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: —       |
| Bayer US Finance II LLC                                                          | Bayer US Finance II LLC                                                          | CUSIP: 07274NBH5<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |     541000 | PA      | $458735.54     | 0.00%             | 2064-07-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                                                          | National Australia Bank Ltd                                                      | CUSIP: 632525BC4<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |     500000 | PA      | $520170.00     | 0.00%             | 2033-01-12      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| ABU DHABI NATIONAL ENERG                                                         | Abu Dhabi National Energy Co PJSC                                                | CUSIP: 000000000<br>LEI: 213800UNJSVQFNUYYW03 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $475446.00     | 0.00%             | 2051-04-29      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAK2<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     366000 | PA      | $317805.12     | 0.00%             | 2030-03-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                                                               | Kennedy-Wilson Inc                                                               | CUSIP: 489399AM7<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |     410000 | PA      | $334933.10     | 0.00%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                                                  | AdaptHealth LLC                                                                  | CUSIP: 00653VAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     415000 | PA      | $369673.70     | 0.00%             | 2030-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                                     | Ecopetrol SA                                                                     | CUSIP: 279158AN9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    1400000 | PA      | $1311016.00    | 0.01%             | 2030-04-29      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                                                                | Lithia Motors Inc                                                                | CUSIP: 536797AE3<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     345000 | PA      | $320960.40     | 0.00%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| F&G ANNUITIES & LIFE INC                                                         | F&G Annuities & Life Inc                                                         | CUSIP: 30190AAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     400000 | PA      | $410200.00     | 0.00%             | 2028-01-13      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                             | CUSIP: 94106LBS7<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     710000 | PA      | $698114.60     | 0.00%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VFD1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1335000 | PA      | $1128301.95    | 0.01%             | 2050-03-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PM GENERAL PURCHASER LLC                                                         | PM General Purchaser LLC                                                         | CUSIP: 69356MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     500000 | PA      | $382475.00     | 0.00%             | 2028-10-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| AGRICULTURAL BK CHINA/SG                                                         | Agricultural Bank Of China Ltd/Singapore                                         | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $383372.00     | 0.00%             | 2024-03-02      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| KYOBO LIFE INSURANCE CO                                                          | Kyobo Life Insurance Co Ltd                                                      | CUSIP: 000000000<br>LEI: 988400Y298KYBHWRBS28 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $387696.00     | 0.00%             | 2052-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                                                          | National Australia Bank Ltd                                                      | CUSIP: 632525AW1<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |     210000 | PA      | $139855.80     | 0.00%             | 2041-01-14      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                    | CUSIP: 59259YBY4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     250000 | PA      | $271824.75     | 0.00%             | 2039-11-15      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7RP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     414115 | PA      | $406363.36     | 0.00%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BF9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     853000 | PA      | $748507.50     | 0.00%             | 2034-11-01      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780DQ6<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     400000 | PA      | $401144.00     | 0.00%             | 2028-01-11      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076AV4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     147000 | PA      | $167577.06     | 0.00%             | 2041-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DV7<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    1560000 | PA      | $1416074.40    | 0.01%             | 2026-04-20      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL                                                            | TotalEnergies Capital International SA                                           | CUSIP: 89153VAG4<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |     711000 | PA      | $703548.72     | 0.00%             | 2024-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 000000000<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |     800000 | PA      | $733144.00     | 0.00%             | 2026-03-08      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | Vistra Operations Co LLC                                                         | CUSIP: 92840VAE2<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     582000 | PA      | $538734.12     | 0.00%             | 2029-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CENTRAL NIPPON EXPRESSWY                                                         | Central Nippon Expressway Co Ltd                                                 | CUSIP: 000000000<br>LEI: 3538005TH2GJERPBFN83 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $180228.00     | 0.00%             | 2025-09-29      | Fixed         | 0.89%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-2 AA PTT                                                         | American Airlines 2017-2 Class AA Pass Through Trust                             | CUSIP: 02376AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     605160 | PA      | $534586.18     | 0.00%             | 2029-10-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                      | CUSIP: 68389XCB9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1033000 | PA      | $781960.34     | 0.00%             | 2061-03-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                                                            | Scripps Escrow II Inc                                                            | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     350000 | PA      | $293611.50     | 0.00%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                        | CUSIP: 682680AN3<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     143000 | PA      | $143790.79     | 0.00%             | 2035-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Qwest Corp                                                                       | Qwest Corp                                                                       | CUSIP: 912920AK1<br>LEI: 549300R2L4N683OO1509 | Long             | DBT              | CORP              | US        |     240000 | PA      | $240136.80     | 0.00%             | 2025-09-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                   | CUSIP: 79466LAL8<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     735000 | PA      | $525017.85     | 0.00%             | 2051-07-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523BK5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     762000 | PA      | $626996.46     | 0.00%             | 2047-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UZS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     246887 | PA      | $229633.33     | 0.00%             | 2049-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SINOSING SERV P L                                                                | Sinosing Services Pte Ltd                                                        | CUSIP: 000000000<br>LEI: 549300UVDH5NQRVTJG47 | Long             | DBT              | CORP              | SG        |     400000 | PA      | $346880.00     | 0.00%             | 2030-02-20      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| AMIPEACE LTD                                                                     | Amipeace Ltd                                                                     | CUSIP: 000000000<br>LEI: 549300Z8IOSIIKWF5763 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $576258.00     | 0.00%             | 2024-12-05      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                                                             | Commercial Metals Co                                                             | CUSIP: 201723AR4<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     195000 | PA      | $171520.05     | 0.00%             | 2032-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIO                                                         | Fortune Brands Innovations Inc                                                   | CUSIP: 34964CAA4<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |     260000 | PA      | $253554.60     | 0.00%             | 2025-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBB9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     435000 | PA      | $373390.95     | 0.00%             | 2045-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                                                                     | CubeSmart LP                                                                     | CUSIP: 22966RAF3<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |      85000 | PA      | $73299.75      | 0.00%             | 2030-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTNTL 21                                                           | CK Hutchison International 21 Ltd                                                | CUSIP: 12565WAB7<br>LEI: 254900E16YL0NL5TFN79 | Long             | DBT              | CORP              | KY        |     680000 | PA      | $582467.60     | 0.00%             | 2031-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CNOOC PETROLEUM NORTH                                                            | CNOOC Petroleum North America ULC                                                | CUSIP: 65334HAJ1<br>LEI: 549300I04PB7X2824122 | Long             | DBT              | CORP              | CA        |     515000 | PA      | $625333.60     | 0.00%             | 2039-07-30      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SBH5<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     536000 | PA      | $508915.92     | 0.00%             | 2025-05-06      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YBG5<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    1222000 | PA      | $1145197.30    | 0.01%             | 2029-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                         | CUSIP: 64972FK88<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |     225000 | PA      | $263853.68     | 0.00%             | 2042-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KM3Z6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7402162 | PA      | $6257741.23    | 0.03%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CNCBINV 1 BVI LTD                                                                | CNCBINV 1 BVI Ltd                                                                | CUSIP: 000000000<br>LEI: 549300IY49UO6H5URH19 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $374924.00     | 0.00%             | 2024-11-17      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     800000 | PA      | $320680.00     | 0.00%             | 2026-01-18      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397YT4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     545000 | PA      | $492085.95     | 0.00%             | 2027-11-02      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VN22<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   16827718 | PA      | $15142627.57   | 0.07%             | 2050-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AR8<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     890000 | PA      | $794592.00     | 0.00%             | 2026-02-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| PERIAMA HOLDINGS LLC/DE                                                          | Periama Holdings LLC/DE                                                          | CUSIP: 000000000<br>LEI: 254900NINXO00BLT2Z47 | Long             | DBT              | CORP              | US        |     600000 | PA      | $578010.00     | 0.00%             | 2026-04-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Minejesa Capital BV                                                              | Minejesa Capital BV                                                              | CUSIP: 000000000<br>LEI: 549300KS7ERCP10BKC35 | Long             | DBT              | CORP              | NL        |    1000000 | PA      | $926320.00     | 0.00%             | 2030-08-10      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                                                                 | HF Sinclair Corp                                                                 | CUSIP: 403949AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     706000 | PA      | $711704.48     | 0.00%             | 2026-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JD7<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    1299000 | PA      | $1156551.66    | 0.01%             | 2029-09-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WCZ2<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     639000 | PA      | $618513.66     | 0.00%             | 2024-06-27      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae                                                                       | CUSIP: 21H020626<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   42492000 | PA      | $36717403.49   | 0.18%             | 2053-02-21      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QA9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3750000 | PA      | $3709570.31    | 0.02%             | 2039-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BL7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     390000 | PA      | $396875.70     | 0.00%             | 2045-11-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                                                               | Province of Quebec Canada                                                        | CUSIP: 748148QR7<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |     698000 | PA      | $836336.62     | 0.00%             | 2029-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJZM5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1320366 | PA      | $1228077.18    | 0.01%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                                                               | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    1200000 | PA      | $1115916.00    | 0.01%             | 2029-11-26      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CITIZENS BANK NA/RI                                                              | Citizens Bank NA/Providence RI                                                   | CUSIP: 75524KNH3<br>LEI: DRMSV1Q0EKMEXLAU1P80 | Long             | DBT              | CORP              | US        |     499000 | PA      | $469244.63     | 0.00%             | 2025-04-28      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                            | CUSIP: 69371RR99<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     210000 | PA      | $206056.20     | 0.00%             | 2025-08-11      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                                                          | QVC Inc                                                                          | CUSIP: 747262AM5<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     240000 | PA      | $123691.20     | 0.00%             | 2043-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGPN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3373300 | PA      | $2976685.39    | 0.01%             | 2051-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   61050000 | PA      | $45854273.44   | 0.22%             | 2041-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                                                               | CNO Global Funding                                                               | CUSIP: 18977W2A7<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |     300000 | PA      | $269451.00     | 0.00%             | 2026-10-07      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QRBX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5466000 | PA      | $5674454.36    | 0.03%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LYB INTL FINANCE BV                                                              | LYB International Finance BV                                                     | CUSIP: 50247VAB5<br>LEI: 549300J6QSW38QNOJK61 | Long             | DBT              | CORP              | NL        |     357000 | PA      | $335894.16     | 0.00%             | 2043-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                    | CUSIP: 461070AQ7<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |      30000 | PA      | $28129.80      | 0.00%             | 2029-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368CA9<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     473000 | PA      | $353269.51     | 0.00%             | 2050-02-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| MARKEL CORP                                                                      | Markel Corp                                                                      | CUSIP: 570535AU8<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |     745000 | PA      | $676690.95     | 0.00%             | 2029-09-17      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                                          | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAN1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     700000 | PA      | $709422.00     | 0.00%             | 2025-01-31      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GEN5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1169000 | PA      | $1298642.10    | 0.01%             | 2042-02-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MRT MID PART/MRT MID FIN                                                         | Martin Midstream Partners LP / Martin Midstream Finance Corp                     | CUSIP: 573334AH2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $200116.00     | 0.00%             | 2025-02-28      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| KKR GROUP FINAN CO VIII                                                          | KKR Group Finance Co VIII LLC                                                    | CUSIP: 48252MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     795000 | PA      | $566087.70     | 0.00%             | 2050-08-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COLONIAL ENTERPRISES INC                                                         | Colonial Enterprises Inc                                                         | CUSIP: 19565CAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     466000 | PA      | $417396.20     | 0.00%             | 2030-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91086QAN8<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     680000 | PA      | $778062.80     | 0.00%             | 2033-04-08      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335ANR5<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      40586 | PA      | $41219.69      | 0.00%             | 2045-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IAA Inc                                                                          | IAA Inc                                                                          | CUSIP: 449253AB9<br>LEI: 549300PZCOPC5178W747 | Long             | DBT              | CORP              | US        |     340000 | PA      | $341166.20     | 0.00%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FORTIVE CORPORATION                                                              | Fortive Corp                                                                     | CUSIP: 34959JAH1<br>LEI: 549300MU9YQJYHDQEF63 | Long             | DBT              | CORP              | US        |     452000 | PA      | $376470.80     | 0.00%             | 2046-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABX4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     735000 | PA      | $622941.90     | 0.00%             | 2028-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| EMIRATES SEMBCORP WATER                                                          | Emirates Semb Corp Water & Power Co PJSC                                         | CUSIP: 29135EAA4<br>LEI: 213800FF7EXWECXGTO26 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $195274.00     | 0.00%             | 2035-08-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140KYG65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     807282 | PA      | $736013.34     | 0.00%             | 2035-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ORIFLAME INVESTMENT HLDG                                                         | Oriflame Investment Holding PLC                                                  | CUSIP: 68621CAA7<br>LEI: 549300LGP4VBCHWQTD80 | Long             | DBT              | CORP              | JE        |     370000 | PA      | $233618.00     | 0.00%             | 2026-05-04      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MARKEL CORP                                                                      | Markel Corp                                                                      | CUSIP: 570535AX2<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |     190000 | PA      | $139137.00     | 0.00%             | 2052-05-07      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| LEASEPLAN CORPORATION NV                                                         | LeasePlan Corp NV                                                                | CUSIP: 52206AAD2<br>LEI: 724500C60L930FVHS484 | Long             | DBT              | CORP              | NL        |     615000 | PA      | $583370.55     | 0.00%             | 2024-10-24      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE C0-ISSUER INC                                                         | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     550000 | PA      | $436062.00     | 0.00%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GUOTAI JUNAN INTL HLDGS                                                          | Guotai Junan International Holdings Ltd                                          | CUSIP: 000000000<br>LEI: 2138006FECWIZUO67V37 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $183586.00     | 0.00%             | 2026-03-03      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SBM4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     870000 | PA      | $611331.60     | 0.00%             | 2041-02-04      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 1/2                                                          | Scentre Group Trust 1 / Scentre Group Trust 2                                    | CUSIP: 806213AD6<br>LEI: N/A                  | Long             | DBT              |  | AU        |     120000 | PA      | $113862.00     | 0.00%             | 2025-10-28      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PINGAN REAL ESTATE CAP                                                           | Pingan Real Estate Capital Ltd                                                   | CUSIP: 000000000<br>LEI: 655600MZ4W5VY0OEG119 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $360384.00     | 0.00%             | 2024-07-29      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                                                                | Newell Brands Inc                                                                | CUSIP: 651229AQ9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     325000 | PA      | $315831.75     | 0.00%             | 2024-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Stora Enso OYJ                                                                   | Stora Enso Oyj                                                                   | CUSIP: 86210MAC0<br>LEI: 7437000ZP669LKUTZ738 | Long             | DBT              | CORP              | FI        |     360000 | PA      | $394185.60     | 0.00%             | 2036-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   79800000 | PA      | $71034468.75   | 0.34%             | 2028-11-30      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAP INC                                                          | GlaxoSmithKline Capital Inc                                                      | CUSIP: 377372AE7<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |    1786000 | PA      | $2136020.28    | 0.01%             | 2038-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829BK2<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |      45000 | PA      | $39012.30      | 0.00%             | 2030-02-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                | CUSIP: 049560AY1<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     210000 | PA      | $236035.80     | 0.00%             | 2052-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MOHAWK INDUSTRIES INC                                                            | Mohawk Industries Inc                                                            | CUSIP: 608190AL8<br>LEI: 549300JI1115MG3Q6322 | Long             | DBT              | CORP              | US        |     425000 | PA      | $383979.00     | 0.00%             | 2030-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| GOLDMAN SACHS BDC INC                                                            | Goldman Sachs BDC Inc                                                            | CUSIP: 38147UAD9<br>LEI: 6D01AGSGBNZIJSN77043 | Long             | DBT              | CORP              | US        |    1012000 | PA      | $948588.08     | 0.00%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                                                                | Chile Government International Bond                                              | CUSIP: 168863CE6<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    1050000 | PA      | $857566.50     | 0.00%             | 2047-06-21      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| YANLORD LAND HK CO LTD                                                           | Yanlord Land HK Co Ltd                                                           | CUSIP: 000000000<br>LEI: 549300O56H3950RDWG19 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $182024.00     | 0.00%             | 2026-05-20      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAW7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     460000 | PA      | $370976.20     | 0.00%             | 2031-07-28      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QCC7<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     599000 | PA      | $587535.14     | 0.00%             | 2028-03-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                       | CUSIP: 444859BR2<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     440000 | PA      | $357438.40     | 0.00%             | 2032-02-03      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| HAITONG INTL SECURITIES                                                          | Haitong International Securities Group Ltd                                       | CUSIP: 000000000<br>LEI: 549300Q1JC7X89PPGN26 | Long             | DBT              | CORP              | BM        |     600000 | PA      | $578556.00     | 0.00%             | 2024-07-19      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal                                                                    | ArcelorMittal SA                                                                 | CUSIP: 03938LBA1<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |     630000 | PA      | $622692.00     | 0.00%             | 2026-03-11      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q9JK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     157224 | PA      | $160576.85     | 0.00%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HBE7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |      70000 | PA      | $68826.10      | 0.00%             | 2027-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| TEMPO ACQUISITION LLC/FI                                                         | Tempo Acquisition LLC / Tempo Acquisition Finance Corp                           | CUSIP: 88023JAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     175000 | PA      | $176711.50     | 0.00%             | 2025-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AL5<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    1035000 | PA      | $964568.25     | 0.00%             | 2048-09-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GEORGE WASHINGTON UNIVER                                                         | George Washington University/The                                                 | CUSIP: 372546AT8<br>LEI: 5493002S4P5IVD462L47 | Long             | DBT              | CORP              | US        |     200000 | PA      | $182238.00     | 0.00%             | 2044-09-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                                                         | Federal Realty Investment Trust                                                  | CUSIP: 313747BB2<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |     271000 | PA      | $242555.84     | 0.00%             | 2026-02-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAR8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     160000 | PA      | $129403.20     | 0.00%             | 2031-01-28      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WH5N1<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     135797 | PA      | $126305.62     | 0.00%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                                          | United Rentals North America Inc                                                 | CUSIP: 911365BN3<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     525000 | PA      | $472494.75     | 0.00%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAT2<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     240000 | PA      | $214125.60     | 0.00%             | 2048-09-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718EP0<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     286000 | PA      | $274417.00     | 0.00%             | 2026-02-02      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NR2<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     285000 | PA      | $255995.55     | 0.00%             | 2048-11-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| UNIFRAX ESCROW ISS CORP                                                          | ASP Unifrax Holdings Inc                                                         | CUSIP: 90473LAA0<br>LEI: 549300RRU6BWJLD0YT71 | Long             | DBT              | CORP              | US        |     560000 | PA      | $478256.80     | 0.00%             | 2028-09-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NOVANT HEALTH INC                                                                | Novant Health Inc                                                                | CUSIP: 66988AAH7<br>LEI: 549300ZUXEGFGE8EP917 | Long             | DBT              | CORP              | US        |     467000 | PA      | $345916.24     | 0.00%             | 2051-11-01      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                                         | CUSIP: 6789084B7<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |     125000 | PA      | $123664.58     | 0.00%             | 2052-02-01      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CAY5<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    1175000 | PA      | $1237369.00    | 0.01%             | 2045-10-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VAT0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     452000 | PA      | $485366.64     | 0.00%             | 2041-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RCQ3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    1170000 | PA      | $1078342.20    | 0.01%             | 2046-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                                                         | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |     485000 | PA      | $455875.75     | 0.00%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                   | CUSIP: 594918CC6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    4498000 | PA      | $3206534.24    | 0.02%             | 2050-06-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                         | CUSIP: 26884LAH2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    1435000 | PA      | $1451258.55    | 0.01%             | 2025-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                           | Motorola Solutions Inc                                                           | CUSIP: 620076BT5<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |     817000 | PA      | $661614.77     | 0.00%             | 2030-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TV77<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     442462 | PA      | $445002.58     | 0.00%             | 2048-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRANSMANTARO                                                                     | Consorcio Transmantaro SA                                                        | CUSIP: 000000000<br>LEI: 549300NL65DC6HVEJX96 | Long             | DBT              | CORP              | PE        |     200000 | PA      | $185058.00     | 0.00%             | 2038-04-11      | Fixed         | 5.20%                 | No            |                  2 | On Loan: —       |
| University of Nebraska Facilities Corp/The                                       | UNIV OF NEBRASKA NE FACS CORP                                                    | CUSIP: 914639KY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      50000 | PA      | $40393.30      | 0.00%             | 2049-10-01      | Fixed         | 3.04%                 | No            |                  2 | On Loan: —       |
| ROMANIA                                                                          | Romanian Government International Bond                                           | CUSIP: 77586RAR1<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    1000000 | PA      | $1060760.00    | 0.01%             | 2033-01-17      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| STATE OF ISRAEL                                                                  | State of Israel                                                                  | CUSIP: 46513JXM8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     600000 | PA      | $538404.00     | 0.00%             | 2030-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Eskom Holdings SOC Ltd                                                           | Eskom Holdings SOC Ltd                                                           | CUSIP: 000000000<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    1040000 | PA      | $996236.80     | 0.00%             | 2028-08-10      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| COLOMBIA TELECOMUNICACIO                                                         | Colombia Telecomunicaciones SA ESP                                               | CUSIP: 000000000<br>LEI: 549300CK4YN0V1C3MN55 | Long             | DBT              | CORP              | CO        |     250000 | PA      | $218160.00     | 0.00%             | 2030-07-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BHARAT PETROLEUM CORP                                                            | Bharat Petroleum Corp Ltd                                                        | CUSIP: 000000000<br>LEI: 8GRDBX1TJ0PU5NCSHT72 | Long             | DBT              | CORP              | IN        |     600000 | PA      | $580350.00     | 0.00%             | 2025-05-08      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal                                                                    | ArcelorMittal SA                                                                 | CUSIP: 03938LAP9<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |     510000 | PA      | $549678.00     | 0.00%             | 2039-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                                      | Phillips 66                                                                      | CUSIP: 718546AK0<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $986650.00     | 0.00%             | 2034-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 124857AT0<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     442000 | PA      | $406348.28     | 0.00%             | 2028-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                                                            | Applied Materials Inc                                                            | CUSIP: 038222AJ4<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     513000 | PA      | $506582.37     | 0.00%             | 2025-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO VII                                                         | KKR Group Finance Co VII LLC                                                     | CUSIP: 48252DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     510000 | PA      | $372866.10     | 0.00%             | 2050-02-25      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc                                                          | O'Reilly Automotive Inc                                                          | CUSIP: 67103HAE7<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |     115000 | PA      | $111998.50     | 0.00%             | 2026-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R3A3<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     805000 | PA      | $785800.75     | 0.00%             | 2027-08-12      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Abrdn Plc                                                                        | abrdn plc                                                                        | CUSIP: 000000000<br>LEI: 0TMBS544NMO7GLCE7H90 | Long             | DBT              | CORP              | GB        |     300000 | PA      | $269250.00     | 0.00%             | 2028-06-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QCD5<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     485000 | PA      | $446039.95     | 0.00%             | 2048-03-27      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DH0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     462000 | PA      | $446606.16     | 0.00%             | 2027-04-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC                                                                  | WEA Finance LLC                                                                  | CUSIP: 92928QAF5<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              |  | US        |     230000 | PA      | $193765.80     | 0.00%             | 2029-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                                                 | ArcelorMittal SA                                                                 | CUSIP: 03938LBE3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $208726.00     | 0.00%             | 2027-11-29      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BA5<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     200000 | PA      | $223548.00     | 0.00%             | 2037-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CNOOC PETROLEUM NORTH                                                            | CNOOC Petroleum North America ULC                                                | CUSIP: 65334HAE2<br>LEI: 549300I04PB7X2824122 | Long             | DBT              | CORP              | CA        |     835000 | PA      | $875297.10     | 0.00%             | 2035-03-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GREAT WALL INTL V                                                                | China Great Wall International Holdings V Ltd                                    | CUSIP: 000000000<br>LEI: 254900N6H4J4MJJ8ZN67 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $764740.00     | 0.00%             | 2030-08-18      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                                                         | First Quantum Minerals Ltd                                                       | CUSIP: 000000000<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $199524.00     | 0.00%             | 2024-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ARD FINANCE SA                                                                   | ARD Finance SA                                                                   | CUSIP: 00191AAD8<br>LEI: 6354006P6QPGGPVJW880 | Long             | DBT              | CORP              | LU        |     630000 | PA      | $493693.20     | 0.00%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFP9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1267000 | PA      | $1245689.06    | 0.01%             | 2025-04-21      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2970000 | PA      | $2511224.10    | 0.01%             | 2032-04-22      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBV6<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     255000 | PA      | $257198.10     | 0.00%             | 2025-12-08      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER                                                         | Banco de Credito del Peru S.A.                                                   | CUSIP: 05971V2D6<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |     500000 | PA      | $443280.00     | 0.00%             | 2031-09-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                  | CUSIP: 166756AH9<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    1053000 | PA      | $712617.75     | 0.00%             | 2050-08-12      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| TRUSTEES OF BOSTON COLL                                                          | Trustees of Boston College                                                       | CUSIP: 89838LAG9<br>LEI: 549300Q2G2ZLXN1EX541 | Long             | DBT              | CORP              | US        |     195000 | PA      | $145565.55     | 0.00%             | 2052-07-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8C27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     123775 | PA      | $118336.50     | 0.00%             | 2047-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FIN US INC                                                            | Stellantis Finance US Inc                                                        | CUSIP: 85855CAA8<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |    1220000 | PA      | $1076186.40    | 0.01%             | 2027-01-29      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XGGD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   28377658 | PA      | $23995978.16   | 0.12%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788MAM4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     265000 | PA      | $268315.15     | 0.00%             | 2034-01-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                            | CUSIP: 88732JBD9<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     991000 | PA      | $786259.40     | 0.00%             | 2042-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                                                  | Nordea Bank Abp                                                                  | CUSIP: 65558RAD1<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    1615000 | PA      | $1649690.20    | 0.01%             | 2027-09-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCU3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1150000 | PA      | $1137522.50    | 0.01%             | 2030-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                               | CUSIP: 25243YBE8<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |     518000 | PA      | $431017.44     | 0.00%             | 2032-04-29      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER                                                         | Wisconsin Electric Power Co                                                      | CUSIP: 976656BW7<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |     125000 | PA      | $134508.75     | 0.00%             | 2033-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FORTINET INC                                                                     | Fortinet Inc                                                                     | CUSIP: 34959EAA7<br>LEI: 549300O0QJWDBAS0QX03 | Long             | DBT              | CORP              | US        |     898000 | PA      | $799399.60     | 0.00%             | 2026-03-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CE0<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1250000 | PA      | $1064225.00    | 0.01%             | 2028-03-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WD2H3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      47460 | PA      | $47465.76      | 0.00%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Legg Mason Inc                                                                   | Legg Mason Inc                                                                   | CUSIP: 524901AV7<br>LEI: OWUNCC6U1ZJXMZKFBJ36 | Long             | DBT              | CORP              | US        |     218000 | PA      | $219401.74     | 0.00%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OOREDOO INTL FINANCE                                                             | Ooredoo International Finance Ltd                                                | CUSIP: 74735K2C5<br>LEI: 549300BHXCDJ03WU7N77 | Long             | DBT              | CORP              | BM        |     400000 | PA      | $387192.00     | 0.00%             | 2043-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FIRST REPUBLIC BANK                                                              | First Republic Bank/CA                                                           | CUSIP: 33616CAC4<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | DBT              | CORP              | US        |     430000 | PA      | $355893.80     | 0.00%             | 2047-02-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967LD1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1704000 | PA      | $1637356.56    | 0.01%             | 2028-01-10      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BLL8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      72248 | PA      | $69749.02      | 0.00%             | 2044-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORTUNE STAR BVI LTD                                                             | Fortune Star BVI Ltd                                                             | CUSIP: 000000000<br>LEI: 2549008CU8NYQQRSNU62 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $186086.00     | 0.00%             | 2024-07-02      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAR2<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     467000 | PA      | $425432.33     | 0.00%             | 2030-07-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                                                            | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     560000 | PA      | $480160.80     | 0.00%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MJ5R2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19057083 | PA      | $16703976.88   | 0.08%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TRANSPORT DE GAS PERU                                                            | Transportadora de Gas del Peru SA                                                | CUSIP: 000000000<br>LEI: 529900SKHHNI5HVI0Y66 | Long             | DBT              | CORP              | PE        |     600000 | PA      | $579408.00     | 0.00%             | 2028-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                      | CUSIP: 931142EQ2<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     102000 | PA      | $91609.26      | 0.00%             | 2029-09-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CV9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     695000 | PA      | $588692.80     | 0.00%             | 2029-08-17      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                                                          | Wisconsin Power and Light Co                                                     | CUSIP: 976826BE6<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |     150000 | PA      | $167166.00     | 0.00%             | 2037-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                      | CUSIP: 30161NAV3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     855000 | PA      | $771842.70     | 0.00%             | 2046-04-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                                                      | Aker BP ASA                                                                      | CUSIP: 00973RAG8<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |     183000 | PA      | $172889.25     | 0.00%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                            | CUSIP: 666807BJ0<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |     745000 | PA      | $636364.10     | 0.00%             | 2045-04-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BANNER HEALTH                                                                    | Banner Health                                                                    | CUSIP: 06654DAG2<br>LEI: PLD0E0WJKFN8IZJ2WD85 | Long             | DBT              | CORP              | US        |     129000 | PA      | $99702.81      | 0.00%             | 2042-01-01      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FK9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    1281000 | PA      | $998616.36     | 0.00%             | 2050-02-05      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EQT Corp                                                                         | EQT Corp                                                                         | CUSIP: 26884LAF6<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    1250000 | PA      | $1185412.50    | 0.01%             | 2027-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                    | CUSIP: 960413AS1<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |     593000 | PA      | $533551.75     | 0.00%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER HLDGS CORP                                                          | Schlumberger Holdings Corp                                                       | CUSIP: 806851AJ0<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1184568.00    | 0.01%             | 2024-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                                                        | ORIX Corp                                                                        | CUSIP: 686330AQ4<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     280000 | PA      | $285597.20     | 0.00%             | 2027-09-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769HS6<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    2506000 | PA      | $2408992.74    | 0.01%             | 2028-04-03      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308HG5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     129000 | PA      | $126817.32     | 0.00%             | 2024-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond - WI Reopening                                  | CUSIP: 912810TM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   18800000 | PA      | $19425687.50   | 0.09%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Northern Trust Corp                                                              | Northern Trust Corp                                                              | CUSIP: 665859AT1<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |     901000 | PA      | $875033.18     | 0.00%             | 2028-08-03      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FIN LLC                                                         | Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp                     | CUSIP: 432891AK5<br>LEI: 549300406TN7EY0NPH20 | Long             | DBT              | CORP              | US        |     405000 | PA      | $392408.55     | 0.00%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555CU6<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     115000 | PA      | $88720.20      | 0.00%             | 2046-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORP                                                            | Costco Wholesale Corp                                                            | CUSIP: 22160KAN5<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |    1113000 | PA      | $997737.72     | 0.00%             | 2027-06-20      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| AEGEA FINANCE SARL                                                               | Aegea Finance Sarl                                                               | CUSIP: 000000000<br>LEI: 213800V6WTKUT1XWIZ47 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $397752.00     | 0.00%             | 2029-05-20      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RAJ7<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     500000 | PA      | $583925.00     | 0.00%             | 2034-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                              | CUSIP: 03027XAJ9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     708000 | PA      | $699907.56     | 0.00%             | 2026-02-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CF4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1075000 | PA      | $1076752.25    | 0.01%             | 2030-03-31      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                                                              | Xerox Holdings Corp                                                              | CUSIP: 98421MAA4<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |     510000 | PA      | $476870.40     | 0.00%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                                                  | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     800000 | PA      | $558528.00     | 0.00%             | 2038-02-23      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST GAS CORP                                                               | Southwest Gas Corp                                                               | CUSIP: 845011AE5<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |     320000 | PA      | $294934.40     | 0.00%             | 2032-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ER2U3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     281182 | PA      | $271872.08     | 0.00%             | 2032-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JV7<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |     560000 | PA      | $550452.00     | 0.00%             | 2024-08-23      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QBL3<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    1212000 | PA      | $1153642.20    | 0.01%             | 2030-04-06      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| GENPACT LUXEMBOURG SARL                                                          | Genpact Luxembourg Sarl                                                          | CUSIP: 37254BAC4<br>LEI: 549300875ZJZQ1PBR343 | Long             | DBT              | CORP              | LU        |      59000 | PA      | $56804.02      | 0.00%             | 2024-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                                            | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     800000 | PA      | $677656.00     | 0.00%             | 2033-10-07      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| TRINITY HEALTH CORP                                                              | Trinity Health Corp                                                              | CUSIP: 896517AB5<br>LEI: TWSRHFGEDJDX0GKMGJ67 | Long             | DBT              | CORP              | US        |      97000 | PA      | $71827.53      | 0.00%             | 2040-12-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448FN3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     475000 | PA      | $458441.50     | 0.00%             | 2052-07-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BQ5<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     900000 | PA      | $812583.00     | 0.00%             | 2027-11-18      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400HF3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     160000 | PA      | $126620.80     | 0.00%             | 2051-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC                                                                  | Mercer International Inc                                                         | CUSIP: 588056BB6<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |     595000 | PA      | $509111.75     | 0.00%             | 2029-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                | CUSIP: 872898AE1<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |     400000 | PA      | $318676.00     | 0.00%             | 2051-10-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| IBERDROLA INTL BV                                                                | Iberdrola International BV                                                       | CUSIP: 29266MAF6<br>LEI: 549300ZMLFJKWC63XN87 | Long             | DBT              | CORP              | NL        |     432000 | PA      | $479424.96     | 0.00%             | 2036-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBQ8<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     973000 | PA      | $797704.32     | 0.00%             | 2048-02-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DV8<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    1000000 | PA      | $1024790.00    | 0.00%             | 2028-01-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AS8<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     271000 | PA      | $222146.83     | 0.00%             | 2050-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CB0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    2024000 | PA      | $1538847.20    | 0.01%             | 2051-05-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                | Brown & Brown Inc                                                                | CUSIP: 115236AA9<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     940000 | PA      | $932075.80     | 0.00%             | 2024-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525BS1<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     400000 | PA      | $430028.00     | 0.00%             | 2033-05-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BR9<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     275000 | PA      | $267069.00     | 0.00%             | 2032-06-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                | CUSIP: 25179MBC6<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     222000 | PA      | $222683.76     | 0.00%             | 2024-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHARMING LIGHT INVST LTD                                                         | Charming Light Investments Ltd                                                   | CUSIP: 000000000<br>LEI: 254900BMY30PLHVJID29 | Long             | DBT              | CORP              | VG        |     250000 | PA      | $246332.50     | 0.00%             | 2024-09-03      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 00946AAD6<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |    1000000 | PA      | $861950.00     | 0.00%             | 2032-01-12      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A2Y6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     220000 | PA      | $175579.80     | 0.00%             | 2031-06-07      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZP2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     615000 | PA      | $602982.90     | 0.00%             | 2024-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 617446HD4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1358000 | PA      | $1593871.02    | 0.01%             | 2032-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833BW9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1070000 | PA      | $1095733.50    | 0.01%             | 2036-02-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XAS5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     727000 | PA      | $711224.10     | 0.00%             | 2025-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578AAJ7<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     250000 | PA      | $230825.00     | 0.00%             | 2028-01-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    2600000 | PA      | $2796300.00    | 0.01%             | 2032-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                                                              | Altice Financing SA                                                              | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |     940000 | PA      | $799122.20     | 0.00%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 064159MK9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    1468000 | PA      | $1446655.28    | 0.01%             | 2024-02-11      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KN0<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     335000 | PA      | $290666.10     | 0.00%             | 2032-02-09      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                         | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    1160000 | PA      | $733294.00     | 0.00%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132A5F59<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1676597 | PA      | $1557857.89    | 0.01%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | Expedia Group Inc                                                                | CUSIP: 30212PAP0<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | DBT              | CORP              | US        |     645000 | PA      | $609731.40     | 0.00%             | 2028-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| HONGKONG ELECTRIC FIN                                                            | Hongkong Electric Finance Ltd                                                    | CUSIP: 000000000<br>LEI: 254900ZFMQ2KI2067818 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $490332.00     | 0.00%             | 2030-08-27      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QDF6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    2664000 | PA      | $1836188.64    | 0.01%             | 2060-01-28      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BANK MANDIRI PT                                                                  | Bank Mandiri Persero Tbk PT                                                      | CUSIP: 000000000<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | DBT              | CORP              | ID        |     600000 | PA      | $597300.00     | 0.00%             | 2025-05-13      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RELIANCE STAND LIFE II                                                           | Reliance Standard Life Global Funding II                                         | CUSIP: 75951AAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     135000 | PA      | $128560.50     | 0.00%             | 2024-10-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OCEANEERING INTL INC                                                             | Oceaneering International Inc                                                    | CUSIP: 675232AA0<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |     270000 | PA      | $263557.80     | 0.00%             | 2024-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QBD6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |      90000 | PA      | $104137.20     | 0.00%             | 2037-12-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QBV3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     244000 | PA      | $234296.12     | 0.00%             | 2025-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QEXP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6660763 | PA      | $5649961.61    | 0.03%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CE7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     465000 | PA      | $435663.15     | 0.00%             | 2028-03-02      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO INC                                                           | Church & Dwight Co Inc                                                           | CUSIP: 17136MAC6<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |     270000 | PA      | $290358.00     | 0.00%             | 2032-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                            | CUSIP: 94106BAC5<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     550000 | PA      | $456571.50     | 0.00%             | 2032-01-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                                                         | Huntington Ingalls Industries Inc                                                | CUSIP: 446413AZ9<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |     260000 | PA      | $220233.00     | 0.00%             | 2028-08-16      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| Stifel Financial Corp                                                            | Stifel Financial Corp                                                            | CUSIP: 860630AD4<br>LEI: 549300E5F07FE5GHJX84 | Long             | DBT              | CORP              | US        |     446000 | PA      | $440451.76     | 0.00%             | 2024-07-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                   | CUSIP: 406216BK6<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    1070000 | PA      | $1017698.40    | 0.00%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Union Co/The                                                             | Western Union Co/The                                                             | CUSIP: 959802AH2<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |     525000 | PA      | $545648.25     | 0.00%             | 2036-11-17      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp                                                                   | Whirlpool Corp                                                                   | CUSIP: 963320AT3<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     420000 | PA      | $410394.60     | 0.00%             | 2025-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL PLC                                                                   | Prudential PLC                                                                   | CUSIP: 74435KAB1<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | DBT              | CORP              | GB        |     600000 | PA      | $552858.00     | 0.00%             | 2032-03-24      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| FREEPORT INDONESIA PT                                                            | Freeport Indonesia PT                                                            | CUSIP: 000000000<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |     600000 | PA      | $585642.00     | 0.00%             | 2027-04-14      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust                                    | JPMCC Commercial Mortgage Securities Trust 2017-JP7                              | CUSIP: 465968AE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1000000 | PA      | $942053.93     | 0.00%             | 2050-09-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                                                             | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     200000 | PA      | $175624.00     | 0.00%             | 2033-06-28      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                                          | DCP Midstream Operating LP                                                       | CUSIP: 26439XAH6<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     195000 | PA      | $204829.95     | 0.00%             | 2036-11-03      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| KOREA ELECTRIC POWER CO                                                          | Korea Electric Power Corp                                                        | CUSIP: 000000000<br>LEI: 988400QG33WS7JEIV602 | Long             | DBT              | NUSS              | KR        |     375000 | PA      | $363082.50     | 0.00%             | 2024-06-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO                                                         | Manufacturers & Traders Trust Co                                                 | CUSIP: 55279HAW0<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |     500000 | PA      | $498915.00     | 0.00%             | 2028-01-27      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CAMPBELL SOUP CO                                                                 | Campbell Soup Co                                                                 | CUSIP: 134429BJ7<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     195000 | PA      | $167701.95     | 0.00%             | 2030-04-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAT0<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | DBT              | CORP              | US        |     160000 | PA      | $141105.60     | 0.00%             | 2045-10-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                            | Bath & Body Works Inc                                                            | CUSIP: 532716AK3<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     250000 | PA      | $224792.50     | 0.00%             | 2033-03-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: —       |
| Republic of Guatemala                                                            | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     400000 | PA      | $388564.00     | 0.00%             | 2026-05-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   77900000 | PA      | $53471046.88   | 0.26%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JH4<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     647000 | PA      | $609467.53     | 0.00%             | 2026-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YBU2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     920000 | PA      | $738723.20     | 0.00%             | 2031-09-13      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Spectrum Brands Inc                                                              | Spectrum Brands Inc                                                              | CUSIP: 84762LAU9<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |     226000 | PA      | $224298.22     | 0.00%             | 2025-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CORONADO FINANCE PTY LTD                                                         | Coronado Finance Pty Ltd                                                         | CUSIP: 21979LAA4<br>LEI: 549300NS5FS0W548RE27 | Long             | DBT              | CORP              | AU        |     158000 | PA      | $163469.96     | 0.00%             | 2026-05-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J9D32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     598740 | PA      | $577630.83     | 0.00%             | 2046-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BLAC2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1610000 | PA      | $1569500.24    | 0.01%             | 2025-06-25      | Variable      | 3.28%                 | No            |                  2 | On Loan: No      |
| Aptiv PLC                                                                        | Aptiv PLC                                                                        | CUSIP: 03835VAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     118000 | PA      | $94429.50      | 0.00%             | 2046-10-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MONGOLIA INTL BOND                                                               | Mongolia Government International Bond                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |     200000 | PA      | $174404.00     | 0.00%             | 2027-07-07      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EA4<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1225000 | PA      | $799533.00     | 0.00%             | 2060-08-20      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X5MC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     472965 | PA      | $464658.23     | 0.00%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EAY5<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     251000 | PA      | $234526.87     | 0.00%             | 2026-10-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 8935268Z9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    1026000 | PA      | $1256480.64    | 0.01%             | 2039-01-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER CO                                                             | Appalachian Power Co                                                             | CUSIP: 037735DA2<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     210000 | PA      | $204250.20     | 0.00%             | 2032-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc                                                          | Illinois Tool Works Inc                                                          | CUSIP: 452308AX7<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | DBT              | CORP              | US        |    1542000 | PA      | $1460150.64    | 0.01%             | 2026-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                                                 | MGM Resorts International                                                        | CUSIP: 552953CG4<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     515000 | PA      | $518265.10     | 0.00%             | 2025-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06368EDC3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    1440000 | PA      | $1288425.60    | 0.01%             | 2027-01-22      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                                                              | Province of Alberta Canada                                                       | CUSIP: 013051EK9<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    2353000 | PA      | $2184289.90    | 0.01%             | 2025-05-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DVC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5362872 | PA      | $4733997.79    | 0.02%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HANA BANK                                                                        | Hana Bank                                                                        | CUSIP: 48723TAC5<br>LEI: 6RPK2YDJN6L35AS0M510 | Long             | DBT              | CORP              | KR        |     600000 | PA      | $566400.00     | 0.00%             | 2027-03-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                              | CUSIP: 49446RAW9<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     570000 | PA      | $484796.40     | 0.00%             | 2030-10-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GHG7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1616000 | PA      | $1541130.72    | 0.01%             | 2029-03-05      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                                                         | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAF3<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |     280000 | PA      | $255494.40     | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP/BIP-V CHIN                                                         | CQP Holdco LP / BIP-V Chinook Holdco LLC                                         | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     820000 | PA      | $747380.80     | 0.00%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TRUSTEES PRINCETON UNIV                                                          | Trustees of Princeton University/The                                             | CUSIP: 89837LAH8<br>LEI: 549300PJZYINN64GDJ90 | Long             | DBT              | CORP              | US        |     200000 | PA      | $195026.00     | 0.00%             | 2052-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAN2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     275000 | PA      | $275937.75     | 0.00%             | 2029-08-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| RIYAD SUKUK LIMITED                                                              | Riyad Sukuk Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300P8GI2KKEMZUH97 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $958820.00     | 0.00%             | 2030-02-25      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123BB5<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     612000 | PA      | $543566.16     | 0.00%             | 2038-03-05      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967DR9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     890000 | PA      | $946844.30     | 0.00%             | 2036-08-25      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                                                         | Trident TPI Holdings Inc                                                         | CUSIP: 89616RAB5<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |     328000 | PA      | $322217.36     | 0.00%             | 2024-08-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BEVH4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3195000 | PA      | $3120072.68    | 0.01%             | 2024-09-25      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| American Express Co                                                              | American Express Co                                                              | CUSIP: 025816BR9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     858000 | PA      | $834645.24     | 0.00%             | 2024-10-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DC1<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     870000 | PA      | $614602.80     | 0.00%             | 2051-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523AH3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    1455000 | PA      | $1442865.30    | 0.01%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                                                 | Cinemark USA Inc                                                                 | CUSIP: 172441BC0<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     341000 | PA      | $349023.73     | 0.00%             | 2025-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                                                | Eversource Energy                                                                | CUSIP: 30040WAF5<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     370000 | PA      | $359858.30     | 0.00%             | 2029-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BM7<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     145000 | PA      | $106425.65     | 0.00%             | 2050-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                                                             | DH Europe Finance II Sarl                                                        | CUSIP: 23291KAJ4<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |     695000 | PA      | $593258.95     | 0.00%             | 2039-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                                                | Hormel Foods Corp                                                                | CUSIP: 440452AF7<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |     480000 | PA      | $405412.80     | 0.00%             | 2030-06-11      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABZ7<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     550000 | PA      | $501853.00     | 0.00%             | 2026-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WFEV7<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       1622 | PA      | $1636.20       | 0.00%             | 2046-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FS2<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     473000 | PA      | $419872.64     | 0.00%             | 2048-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | Tenet Healthcare Corp                                                            | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     970000 | PA      | $863028.40     | 0.00%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RVA4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      46804 | PA      | $43751.93      | 0.00%             | 2045-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Idaho Energy Resources Authority                                                 | IDAHO ENERGY RESOURCES AUTH TRANSMISSION FACS REVENUE                            | CUSIP: 451174AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      85000 | PA      | $62846.03      | 0.00%             | 2046-09-01      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                             | CUSIP: 64990FE42<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    1800000 | PA      | $1432431.00    | 0.01%             | 2034-03-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                                 | CUSIP: 57582PUT5<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     805000 | PA      | $830093.46     | 0.00%             | 2029-05-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBJ9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    2434000 | PA      | $1861304.14    | 0.01%             | 2041-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PUMA INTERNATIONAL FINAN                                                         | Puma International Financing SA                                                  | CUSIP: 000000000<br>LEI: 222100YFBPO7IDRUBR17 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $193658.00     | 0.00%             | 2024-10-06      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    2450000 | PA      | $2500641.50    | 0.01%             | 2028-04-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NAJ4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     810000 | PA      | $718421.40     | 0.00%             | 2044-06-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                          | CUSIP: 404119BW8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     655000 | PA      | $674099.80     | 0.00%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TIMKEN CO                                                                        | Timken Co/The                                                                    | CUSIP: 887389AK0<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | DBT              | CORP              | US        |     144000 | PA      | $140857.92     | 0.00%             | 2028-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                        | CUSIP: 413875AS4<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     605000 | PA      | $591417.75     | 0.00%             | 2035-04-27      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LBC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     701000 | PA      | $625277.98     | 0.00%             | 2048-06-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                    | CUSIP: 960413AU6<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |     235000 | PA      | $195040.60     | 0.00%             | 2047-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138Y5DG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2112741 | PA      | $2100709.36    | 0.01%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUGAR HSP GMNG PROP/FIN                                                          | Sugarhouse HSP Gaming Prop Mezz LP / Sugarhouse HSP Gaming Finance Corp          | CUSIP: 865033AC8<br>LEI: 549300BND6SAKKOQWR95 | Long             | DBT              | CORP              | US        |     196000 | PA      | $184477.16     | 0.00%             | 2025-05-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL FINANCIAL                                                          | Fidelity National Financial Inc                                                  | CUSIP: 31620RAL9<br>LEI: 549300CAZYIH39SYQ287 | Long             | DBT              | CORP              | US        |     270000 | PA      | $170515.80     | 0.00%             | 2051-09-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XAT3<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     180000 | PA      | $147038.40     | 0.00%             | 2042-08-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                                                             | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     285000 | PA      | $276564.00     | 0.00%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE 2017 CO                                                          | Huarong Finance 2017 Co Ltd                                                      | CUSIP: 000000000<br>LEI: 5493006V07LYI3HE6G83 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $546822.00     | 0.00%             | 2027-04-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                                                         | Performance Food Group Inc                                                       | CUSIP: 71376LAD2<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |     143000 | PA      | $144055.34     | 0.00%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| ENBRIDGE ENERGY PARTNERS                                                         | Enbridge Energy Partners LP                                                      | CUSIP: 29250RAT3<br>LEI: CZ6VG2MNE1J6YDI02G48 | Long             | DBT              | CORP              | US        |     460000 | PA      | $459254.80     | 0.00%             | 2040-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                  | CUSIP: 166756AU0<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |     175000 | PA      | $186093.25     | 0.00%             | 2043-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JE4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    2515000 | PA      | $2299665.70    | 0.01%             | 2025-07-28      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YAX7<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     659000 | PA      | $582279.22     | 0.00%             | 2030-07-16      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                                                         | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     412000 | PA      | $367120.84     | 0.00%             | 2027-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ4W7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      98224 | PA      | $96445.39      | 0.00%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KB CAPITAL CO LTD                                                                | KB Capital Co Ltd                                                                | CUSIP: 000000000<br>LEI: 988400HPGU3QJ70HQO82 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $178260.00     | 0.00%             | 2025-10-28      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                                    | Owens Corning                                                                    | CUSIP: 690742AB7<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |      27000 | PA      | $30762.99      | 0.00%             | 2036-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 3130A3GE8<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    1140000 | PA      | $1105788.60    | 0.01%             | 2024-12-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAU9<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |    1077000 | PA      | $1007791.98    | 0.00%             | 2029-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                                       | Pfizer Inc                                                                       | CUSIP: 717081EY5<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    1150000 | PA      | $976177.50     | 0.00%             | 2030-05-28      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GBJ0<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     975000 | PA      | $949952.25     | 0.00%             | 2027-03-19      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS ESCROW CORP                                                             | Entegris Escrow Corp                                                             | CUSIP: 29365BAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     625000 | PA      | $600356.25     | 0.00%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                | CUSIP: 86722TAB8<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |     465000 | PA      | $516526.65     | 0.00%             | 2039-06-01      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DM8<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    1000000 | PA      | $898650.00     | 0.00%             | 2027-01-18      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAD9<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $349788.00     | 0.00%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SPIRE MISSOURI INC                                                               | Spire Missouri Inc                                                               | CUSIP: 84859DAA5<br>LEI: 06LJQCOVPRXOPDHFC707 | Long             | DBT              | CORP              | US        |      65000 | PA      | $48245.60      | 0.00%             | 2051-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JA5<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     590000 | PA      | $520999.50     | 0.00%             | 2029-10-09      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| GEN LUX SARL/GEN USA INC                                                         | Genpact Luxembourg SARL/Genpact USA Inc                                          | CUSIP: 37190AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |      60000 | PA      | $54192.00      | 0.00%             | 2026-04-10      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140K14K9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1774863 | PA      | $1632842.33    | 0.01%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664BU4<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     558000 | PA      | $548290.80     | 0.00%             | 2042-05-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                                             | Freeport-McMoRan Inc                                                             | CUSIP: 35671DBJ3<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     525000 | PA      | $523377.75     | 0.00%             | 2034-11-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AXIS SPECIALTY FINANCE                                                           | AXIS Specialty Finance LLC                                                       | CUSIP: 05463HAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     171000 | PA      | $146112.66     | 0.00%             | 2040-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ4C1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      77377 | PA      | $77650.31      | 0.00%             | 2048-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                                                      | TJX Cos Inc/The                                                                  | CUSIP: 872540AU3<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |     360000 | PA      | $345751.20     | 0.00%             | 2050-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2017-C42                                   | CUSIP: 95001GAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1200000 | PA      | $1134066.30    | 0.01%             | 2050-12-15      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| Dell Inc                                                                         | Dell Inc                                                                         | CUSIP: 247025AE9<br>LEI: 3E70L4WYANTIWWIPHC81 | Long             | DBT              | CORP              | US        |     825000 | PA      | $906312.00     | 0.00%             | 2028-04-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: —       |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017DD8<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    1035000 | PA      | $1022373.00    | 0.00%             | 2025-08-16      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZR8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     785000 | PA      | $747414.20     | 0.00%             | 2028-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ASB BANK LIMITED                                                                 | ASB Bank Ltd                                                                     | CUSIP: 04342JAA5<br>LEI: 549300IBZWZL1KTPF918 | Long             | DBT              | CORP              | NZ        |     465000 | PA      | $448645.95     | 0.00%             | 2032-06-17      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2Y2<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     485000 | PA      | $490014.90     | 0.00%             | 2025-01-17      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                            | American Homes 4 Rent LP                                                         | CUSIP: 02666TAC1<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |     125000 | PA      | $102366.25     | 0.00%             | 2031-07-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEQ1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     800000 | PA      | $839824.00     | 0.00%             | 2030-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AU9<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     492000 | PA      | $450366.96     | 0.00%             | 2049-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DM6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    1617000 | PA      | $1524151.86    | 0.01%             | 2026-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BJ3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     655000 | PA      | $707878.15     | 0.00%             | 2033-10-28      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                                         | CUSIP: 6789084G6<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |     330000 | PA      | $323861.11     | 0.00%             | 2044-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                                                            | Takeda Pharmaceutical Co Ltd                                                     | CUSIP: 874060BD7<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |     495000 | PA      | $359152.20     | 0.00%             | 2060-07-09      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                            | CUSIP: 893574AK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     959000 | PA      | $925991.22     | 0.00%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                                                          | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |     475000 | PA      | $447568.75     | 0.00%             | 2026-03-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397ZQ9<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     845000 | PA      | $840766.55     | 0.00%             | 2024-03-18      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| NEWCASTLE COAL INFRASTRU                                                         | Newcastle Coal Infrastructure Group Pty Ltd                                      | CUSIP: 65106WAB1<br>LEI: 549300YAJ8XYYGW2TZ32 | Long             | DBT              | CORP              | AU        |     635000 | PA      | $514597.65     | 0.00%             | 2031-05-12      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc                                                            | Reynolds American Inc                                                            | CUSIP: 761713AT3<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |     476000 | PA      | $520344.16     | 0.00%             | 2037-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756CC2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    2400000 | PA      | $2131152.00    | 0.01%             | 2030-06-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| NATURE CONSERVANCY (THE)                                                         | Nature Conservancy/The                                                           | CUSIP: 63902HBF5<br>LEI: 549300GJ1IZME7V1JJ28 | Long             | DBT              | CORP              | US        |     125000 | PA      | $106573.75     | 0.00%             | 2052-03-01      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JCF9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     175000 | PA      | $171300.50     | 0.00%             | 2032-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967JP7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     348000 | PA      | $337232.88     | 0.00%             | 2025-04-27      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                         | Electricite de France SA                                                         | CUSIP: 268317AV6<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     680000 | PA      | $600038.80     | 0.00%             | 2038-09-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                              | COMM 2017-COR2 Mortgage Trust                                                    | CUSIP: 12595EAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1000000 | PA      | $946882.34     | 0.00%             | 2050-09-10      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599CH6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |      80000 | PA      | $76335.20      | 0.00%             | 2026-04-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: —       |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KB6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    1311000 | PA      | $1186192.80    | 0.01%             | 2039-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     800000 | PA      | $717144.00     | 0.00%             | 2029-09-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Eaton Vance Corp                                                                 | Eaton Vance Corp                                                                 | CUSIP: 278265AE3<br>LEI: 4JJ8ORNW1AFZPSV8GJ79 | Long             | DBT              | CORP              | US        |     585000 | PA      | $559716.30     | 0.00%             | 2027-04-06      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT                                                            | Costa Rica Government International Bond                                         | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     600000 | PA      | $506256.00     | 0.00%             | 2043-04-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738ECC7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     900000 | PA      | $945189.00     | 0.00%             | 2026-11-02      | Fixed         | 7.33%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC                                                         | United Natural Foods Inc                                                         | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |     340000 | PA      | $328283.60     | 0.00%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Yapi ve Kredi Bankasi AS                                                         | Yapi ve Kredi Bankasi AS                                                         | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $390788.00     | 0.00%             | 2024-06-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                       | CUSIP: 842434CM2<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |      15000 | PA      | $14619.45      | 0.00%             | 2024-09-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNS37<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19892902 | PA      | $18069356.33   | 0.09%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BS4<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |      79000 | PA      | $65321.15      | 0.00%             | 2049-09-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: —       |
| SUN COMMUNITIES OPER LP                                                          | Sun Communities Operating LP                                                     | CUSIP: 866677AH0<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              |  | US        |     229000 | PA      | $210098.34     | 0.00%             | 2032-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JN8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    2087000 | PA      | $1742290.21    | 0.01%             | 2050-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAA7<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |     581000 | PA      | $530150.88     | 0.00%             | 2048-04-01      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| CAMERON LNG LLC                                                                  | Cameron LNG LLC                                                                  | CUSIP: 133434AA8<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |    1028000 | PA      | $921560.88     | 0.00%             | 2031-07-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                                                           | Cox Communications Inc                                                           | CUSIP: 224044CP0<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     435000 | PA      | $323287.65     | 0.00%             | 2051-06-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                           | CenterPoint Energy Inc                                                           | CUSIP: 15189TBB2<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     305000 | PA      | $261375.85     | 0.00%             | 2031-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                                                            | Republic Services Inc                                                            | CUSIP: 760759AR1<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     598000 | PA      | $565797.70     | 0.00%             | 2026-07-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BT4<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     200000 | PA      | $189178.00     | 0.00%             | 2049-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                                                           | Alliant Energy Finance LLC                                                       | CUSIP: 01882YAB2<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |     418000 | PA      | $399612.18     | 0.00%             | 2028-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd                                                          | Reliance Industries Ltd                                                          | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |     750000 | PA      | $678652.50     | 0.00%             | 2045-02-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| MCKESSON CORP                                                                    | McKesson Corp                                                                    | CUSIP: 581557BR5<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |     865000 | PA      | $772038.45     | 0.00%             | 2026-08-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                    | CUSIP: 143658BG6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     607000 | PA      | $634576.01     | 0.00%             | 2026-02-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                                                         | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp               | CUSIP: 226373AR9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     465000 | PA      | $441443.10     | 0.00%             | 2029-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAM6<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     582000 | PA      | $484835.10     | 0.00%             | 2031-06-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO                                                          | Massachusetts Mutual Life Insurance Co                                           | CUSIP: 575767AT5<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |    1065000 | PA      | $1137963.15    | 0.01%             | 2052-12-01      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERV                                                         | Southwestern Public Service Co                                                   | CUSIP: 845743BU6<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |     240000 | PA      | $179035.20     | 0.00%             | 2050-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BN2<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     538000 | PA      | $485432.02     | 0.00%             | 2031-03-30      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| NATIONAL SECS CLEARING                                                           | National Securities Clearing Corp                                                | CUSIP: 637639AG0<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |    1775000 | PA      | $1784105.75    | 0.01%             | 2024-11-21      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Spirit Realty LP                                                                 | Spirit Realty LP                                                                 | CUSIP: 84861TAC2<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              |  | US        |     395000 | PA      | $383572.65     | 0.00%             | 2026-09-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Airbus SE                                                                        | Airbus SE                                                                        | CUSIP: 009279AA8<br>LEI: MINO79WLOO247M1IL051 | Long             | DBT              | CORP              | NL        |    1175000 | PA      | $1114640.25    | 0.01%             | 2027-04-10      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| RWJ BARNABAS HEALTH                                                              | RWJ Barnabas Health Inc                                                          | CUSIP: 78349AAC7<br>LEI: 549300HV60S88R85TC91 | Long             | DBT              | CORP              | US        |     203000 | PA      | $158670.89     | 0.00%             | 2049-07-01      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| JOHNSON ELECTRIC HOLDING                                                         | Johnson Electric Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 529900EDYRQ6K25JEC80 | Long             | DBT              | CORP              | BM        |     200000 | PA      | $195946.00     | 0.00%             | 2024-07-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VCV4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1354000 | PA      | $1268115.78    | 0.01%             | 2036-01-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TransDigm Inc                                                                    | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     481000 | PA      | $435016.40     | 0.00%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                   | CUSIP: 594918CF9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    1279000 | PA      | $968509.96     | 0.00%             | 2062-03-17      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                                               | Roche Holdings Inc                                                               | CUSIP: 771196AU6<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |     645000 | PA      | $808314.00     | 0.00%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61772BAB9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2250000 | PA      | $2021152.50    | 0.01%             | 2027-05-04      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                                                           | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     260000 | PA      | $261222.00     | 0.00%             | 2026-08-01      | Fixed         | 10.13%                | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLL87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5647766 | PA      | $4971020.41    | 0.02%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QBE9<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     705000 | PA      | $686275.20     | 0.00%             | 2026-02-11      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CAT2<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    1246000 | PA      | $992414.08     | 0.00%             | 2046-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBV8<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     275000 | PA      | $300110.25     | 0.00%             | 2033-11-21      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH                          | CUSIP: 54627RAL4<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |     700000 | PA      | $686761.25     | 0.00%             | 2029-02-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550BN5<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     750000 | PA      | $686257.50     | 0.00%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918AJ3<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     100000 | PA      | $102202.00     | 0.00%             | 2040-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KC4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1062936.00    | 0.01%             | 2049-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    4200000 | PA      | $4213902.00    | 0.02%             | 2049-03-14      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| APACHE CORP                                                                      | Apache Corp                                                                      | CUSIP: 037411BG9<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     260000 | PA      | $217292.40     | 0.00%             | 2049-07-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272AQ1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     175000 | PA      | $167307.00     | 0.00%             | 2027-10-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06368LAP1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     380000 | PA      | $376192.40     | 0.00%             | 2024-09-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MAF SUKUK LTD                                                                    | MAF Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300IS9H0W5N2N4K34 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $197612.00     | 0.00%             | 2025-11-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                                                  | Oklahoma Gas and Electric Co                                                     | CUSIP: 678858BR1<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |     673000 | PA      | $565979.54     | 0.00%             | 2047-04-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BS2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    1317000 | PA      | $1221280.44    | 0.01%             | 2036-08-08      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                                                          | American Axle & Manufacturing Inc                                                | CUSIP: 02406PAY6<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     181000 | PA      | $170447.70     | 0.00%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HERCULES CAPITAL INC                                                             | Hercules Capital Inc                                                             | CUSIP: 427096AH5<br>LEI: 549300UJ5OC256GR2B73 | Long             | DBT              | CORP              | US        |      30000 | PA      | $26145.90      | 0.00%             | 2026-09-16      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNR61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     833804 | PA      | $781493.64     | 0.00%             | 2037-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE MUTUAL INSURA                                                         | Nationwide Mutual Insurance Co                                                   | CUSIP: 638671AK3<br>LEI: Z7LVXXWM8HZPKF5T2355 | Long             | DBT              | CORP              | US        |     475000 | PA      | $651614.50     | 0.00%             | 2039-08-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Hasbro Inc                                                                       | Hasbro Inc                                                                       | CUSIP: 418056AS6<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     355000 | PA      | $365504.45     | 0.00%             | 2040-03-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: —       |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513ECH2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     852000 | PA      | $826738.20     | 0.00%             | 2027-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AL8<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     204000 | PA      | $177706.44     | 0.00%             | 2047-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| VENATOR FIN SARL/VENATOR                                                         | Venator Finance Sarl / Venator Materials LLC                                     | CUSIP: 9226APAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     245000 | PA      | $86156.70      | 0.00%             | 2025-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc                                                          | O'Reilly Automotive Inc                                                          | CUSIP: 67103HAH0<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |     369000 | PA      | $352963.26     | 0.00%             | 2029-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D2M3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4295097 | PA      | $3780220.73    | 0.02%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBL0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     330000 | PA      | $347876.10     | 0.00%             | 2028-10-25      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FBU79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3000000 | PA      | $2893997.79    | 0.01%             | 2027-09-25      | Variable      | 3.19%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                    | CUSIP: 960413BA9<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |     360000 | PA      | $233586.00     | 0.00%             | 2061-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SAU7<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     851000 | PA      | $794731.88     | 0.00%             | 2026-09-16      | Fixed         | 2.63%                 | No            |                  2 | On Loan: —       |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 035240AQ3<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    2777000 | PA      | $2818904.93    | 0.01%             | 2029-01-23      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                                                         | NCR Corp                                                                         | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     825000 | PA      | $717824.25     | 0.00%             | 2029-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| EVERGREEN ACQCO/TVI INC                                                          | Evergreen Acqco 1 LP / TVI Inc                                                   | CUSIP: 30015DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     400000 | PA      | $393388.00     | 0.00%             | 2028-04-26      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VHT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     660101 | PA      | $631809.47     | 0.00%             | 2050-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FIRST ABU DHABI BANK PJS                                                         | First Abu Dhabi Bank PJSC                                                        | CUSIP: 000000000<br>LEI: 2138002Y3WMK6RZS8H90 | Long             | DBT              | CORP              | AE        |     800000 | PA      | $821128.00     | 0.00%             | 2027-10-13      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Republic of Zambia                                                               | Zambia Government International Bond                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | ZM        |     600000 | PA      | $301020.00     | 0.00%             | 2024-04-14      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                                                                    | AIB Group PLC                                                                    | CUSIP: 00135TAC8<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |     400000 | PA      | $413984.00     | 0.00%             | 2026-10-14      | Fixed         | 7.58%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR                                                           | Millicom International Cellular SA                                               | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |     600000 | PA      | $507900.00     | 0.00%             | 2031-04-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republic of Paraguay                                                             | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     400000 | PA      | $364016.00     | 0.00%             | 2048-03-13      | Fixed         | 5.60%                 | No            |                  2 | On Loan: —       |
| WOLVERINE WORLD WIDE                                                             | Wolverine World Wide Inc                                                         | CUSIP: 978097AG8<br>LEI: 549300OVC7PK14LQ8D87 | Long             | DBT              | CORP              | US        |     335000 | PA      | $269132.30     | 0.00%             | 2029-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MetLife Capital Trust IV                                                         | MetLife Capital Trust IV                                                         | CUSIP: 591560AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     630000 | PA      | $693000.00     | 0.00%             | 2037-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308KC0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     575000 | PA      | $522134.50     | 0.00%             | 2032-03-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BHARTI AIRTEL INTERNATIO                                                         | Bharti Airtel International Netherlands BV                                       | CUSIP: 000000000<br>LEI: 724500ULW6PWKDAI7I46 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $400136.00     | 0.00%             | 2024-05-20      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                                                         | Northern Oil and Gas Inc                                                         | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |     561000 | PA      | $559070.16     | 0.00%             | 2028-03-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                        | CUSIP: 00817YAF5<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |     520000 | PA      | $583440.00     | 0.00%             | 2036-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABP1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     855000 | PA      | $756965.70     | 0.00%             | 2027-10-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                               | CUSIP: 25243YBH1<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |     495000 | PA      | $535941.45     | 0.00%             | 2033-01-24      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                         | CUSIP: 341081GG6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     653000 | PA      | $563943.86     | 0.00%             | 2032-02-03      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                                              | Macquarie Group Ltd                                                              | CUSIP: 55607PAF2<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |    1370000 | PA      | $1190077.90    | 0.01%             | 2027-09-23      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VTX8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1497996 | PA      | $1388360.44    | 0.01%             | 2050-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167EE9<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    1467000 | PA      | $1386432.36    | 0.01%             | 2027-11-02      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YAT6<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     615000 | PA      | $588044.55     | 0.00%             | 2029-09-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MAGNA INTERNATIONAL INC                                                          | Magna International Inc                                                          | CUSIP: 559222AV6<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | DBT              | CORP              | CA        |     520000 | PA      | $445021.20     | 0.00%             | 2030-06-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| HAITONG INTL SECURITIES                                                          | Haitong International Securities Group Ltd                                       | CUSIP: 000000000<br>LEI: 549300Q1JC7X89PPGN26 | Long             | DBT              | CORP              | BM        |     200000 | PA      | $176872.00     | 0.00%             | 2026-05-20      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432ND3<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     149000 | PA      | $143823.74     | 0.00%             | 2025-01-27      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 539439AM1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    1235000 | PA      | $1209324.35    | 0.01%             | 2025-12-10      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI                                                            | US Bank NA/Cincinnati OH                                                         | CUSIP: 90331HMS9<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |     981000 | PA      | $951148.17     | 0.00%             | 2025-01-27      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                       | CUSIP: 842434CJ9<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |      60000 | PA      | $60098.40      | 0.00%             | 2040-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                                                              | Province of Alberta Canada                                                       | CUSIP: 013051EF0<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |     383000 | PA      | $376420.06     | 0.00%             | 2024-01-23      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1300000 | PA      | $1294696.00    | 0.01%             | 2027-01-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 45905U6L3<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     690000 | PA      | $673902.30     | 0.00%             | 2025-11-20      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                             | CUSIP: 10112RBD5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     970000 | PA      | $831813.80     | 0.00%             | 2031-01-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DAVE & BUSTER'S INC                                                              | Dave & Buster's Inc                                                              | CUSIP: 23833NAH7<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | DBT              | CORP              | US        |     277000 | PA      | $281664.68     | 0.00%             | 2025-11-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                                     | Ecopetrol SA                                                                     | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    1200000 | PA      | $1230384.00    | 0.01%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| BLUE BRIGHT LTD                                                                  | Blue Bright Ltd                                                                  | CUSIP: 000000000<br>LEI: 254900UL07MB60VPV351 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $372360.00     | 0.00%             | 2025-06-04      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE                                                           | Westinghouse Air Brake Technologies Corp                                         | CUSIP: 960386AL4<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |     715000 | PA      | $675024.35     | 0.00%             | 2026-11-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                          | CUSIP: 363576AB5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     325000 | PA      | $246775.75     | 0.00%             | 2051-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ball Corp                                                                        | Ball Corp                                                                        | CUSIP: 058498AT3<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     700000 | PA      | $696297.00     | 0.00%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFM1<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     455000 | PA      | $391664.00     | 0.00%             | 2030-03-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140HAFL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     127876 | PA      | $129464.72     | 0.00%             | 2048-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | Equitable Holdings Inc                                                           | CUSIP: 29444GAJ6<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |      63000 | PA      | $69267.24      | 0.00%             | 2028-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MNP42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9759311 | PA      | $9162386.83    | 0.04%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829BM8<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     125000 | PA      | $139815.00     | 0.00%             | 2040-04-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CDL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     537595 | PA      | $499522.35     | 0.00%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| El Paso Electric Co                                                              | El Paso Electric Co                                                              | CUSIP: 283677AW2<br>LEI: OZ8GM8L4AHPKSWZMW205 | Long             | DBT              | CORP              | US        |     500000 | PA      | $517570.00     | 0.00%             | 2035-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                | CUSIP: 04010LBD4<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     555000 | PA      | $492556.95     | 0.00%             | 2027-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| EMPRESA NACIONAL DEL PET                                                         | Empresa Nacional del Petroleo                                                    | CUSIP: 000000000<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |     450000 | PA      | $359154.00     | 0.00%             | 2047-09-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YAY1<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    1954000 | PA      | $1758365.52    | 0.01%             | 2026-02-24      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   53850000 | PA      | $43416562.50   | 0.21%             | 2045-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                              | CUSIP: 14448CAQ7<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    1493000 | PA      | $1304911.86    | 0.01%             | 2030-02-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132QVDD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       9380 | PA      | $8976.81       | 0.00%             | 2046-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335APZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2998111 | PA      | $2899171.70    | 0.01%             | 2046-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ATLANTIC CITY ELECTRIC                                                           | Atlantic City Electric Co                                                        | CUSIP: 048303CJ8<br>LEI: 549300S5TW3VP5V06B73 | Long             | DBT              | CORP              | US        |     215000 | PA      | $180621.50     | 0.00%             | 2031-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WET6<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     420000 | PA      | $411259.80     | 0.00%             | 2024-06-06      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| BAE Systems Holdings Inc                                                         | BAE Systems Holdings Inc                                                         | CUSIP: 05523UAK6<br>LEI: MF62XBVMNYTYMC18DL76 | Long             | DBT              | CORP              | US        |     435000 | PA      | $427426.65     | 0.00%             | 2024-10-07      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBN4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1509000 | PA      | $1419984.09    | 0.01%             | 2027-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142CB7<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     766000 | PA      | $838080.60     | 0.00%             | 2035-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    1800000 | PA      | $1753092.00    | 0.01%             | 2026-06-02      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HBA6<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     325000 | PA      | $268775.00     | 0.00%             | 2032-01-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RBG3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    1005000 | PA      | $997753.95     | 0.00%             | 2026-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBA8<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     200000 | PA      | $197728.00     | 0.00%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                                                            | Novartis Capital Corp                                                            | CUSIP: 66989HAK4<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    1040000 | PA      | $978806.40     | 0.00%             | 2045-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                                                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AR9<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     160000 | PA      | $134350.40     | 0.00%             | 2046-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GGT0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1015000 | PA      | $982012.50     | 0.00%             | 2025-10-01      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FQ3Z4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2000000 | PA      | $1822694.14    | 0.01%             | 2029-10-25      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 341099CN7<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     410000 | PA      | $436326.10     | 0.00%             | 2040-04-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543CY7<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     435000 | PA      | $438627.90     | 0.00%             | 2028-11-30      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                                                      | Corning Inc                                                                      | CUSIP: 219350BL8<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     372000 | PA      | $374325.00     | 0.00%             | 2068-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272AX6<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     408000 | PA      | $374323.68     | 0.00%             | 2025-09-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Sabra Health Care LP                                                             | Sabra Health Care LP                                                             | CUSIP: 14162VAB2<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              |  | US        |    1507000 | PA      | $1455520.88    | 0.01%             | 2026-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 06417XAG6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     230000 | PA      | $208961.90     | 0.00%             | 2037-05-04      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| SUMMIT MATERIALS LLC/FIN                                                         | Summit Materials LLC / Summit Materials Finance Corp                             | CUSIP: 86614RAM9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     198000 | PA      | $197358.48     | 0.00%             | 2027-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                                                              | Rockwell Automation Inc                                                          | CUSIP: 773903AH2<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |     882000 | PA      | $843897.60     | 0.00%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                             | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAT3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    1196000 | PA      | $999927.76     | 0.00%             | 2032-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HJG6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    1490000 | PA      | $1477245.60    | 0.01%             | 2033-07-22      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WG2T0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2137749 | PA      | $2030277.66    | 0.01%             | 2031-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER                                                         | Banco de Credito del Peru S.A.                                                   | CUSIP: 05971V2C8<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |     700000 | PA      | $645806.00     | 0.00%             | 2030-07-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| EMERA US FINANCE LP                                                              | Emera US Finance LP                                                              | CUSIP: 29103DAT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     505000 | PA      | $411468.95     | 0.00%             | 2031-06-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                                                              | Xerox Holdings Corp                                                              | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |     540000 | PA      | $460441.80     | 0.00%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                                                                  | Hillenbrand Inc                                                                  | CUSIP: 431571AE8<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |     210000 | PA      | $176981.70     | 0.00%             | 2031-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                                                               | Alcon Finance Corp                                                               | CUSIP: 01400EAB9<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |    1155000 | PA      | $1035064.80    | 0.00%             | 2029-09-23      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                                                         | Telefonica Emisiones SA                                                          | CUSIP: 87938WAV5<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |     720000 | PA      | $622792.80     | 0.00%             | 2038-03-06      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                                            | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     486000 | PA      | $423568.44     | 0.00%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RAG7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10983.70      | 0.00%             | 2038-01-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                                               | Valero Energy Corp                                                               | CUSIP: 91913YBB5<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     616000 | PA      | $554350.72     | 0.00%             | 2027-09-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| SOUTHERN GAS CORRIDOR                                                            | Southern Gas Corridor CJSC                                                       | CUSIP: 000000000<br>LEI: 213800DG58KG59XY6318 | Long             | DBT              | CORP              | AZ        |    1950000 | PA      | $2009709.00    | 0.01%             | 2026-03-24      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WH4N9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     239827 | PA      | $227770.20     | 0.00%             | 2031-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                                         | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     445000 | PA      | $411923.15     | 0.00%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   64050000 | PA      | $55143046.88   | 0.26%             | 2046-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140K1C87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     292013 | PA      | $270015.31     | 0.00%             | 2049-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TOWNSQUARE MEDIA INC                                                             | Townsquare Media Inc                                                             | CUSIP: 892231AB7<br>LEI: 549300XBA8C68H0DR538 | Long             | DBT              | CORP              | US        |     450000 | PA      | $421942.50     | 0.00%             | 2026-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8X57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1351209 | PA      | $1306837.86    | 0.01%             | 2030-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                               | CUSIP: 032654AS4<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     220000 | PA      | $213336.20     | 0.00%             | 2025-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCK5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     965000 | PA      | $837687.55     | 0.00%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANK OF CHINA/HONG KONG                                                          | Bank of China Ltd/Hong Kong                                                      | CUSIP: 000000000<br>LEI: 549300OGSFI8KL1WUU09 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $392728.00     | 0.00%             | 2025-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    2400000 | PA      | $2310408.00    | 0.01%             | 2049-04-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GCC SAB DE CV                                                                    | GCC SAB de CV                                                                    | CUSIP: 000000000<br>LEI: 254900WY9XL8033CKX68 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $341828.00     | 0.00%             | 2032-04-20      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | Ally Financial Inc                                                               | CUSIP: 02005NBR0<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     600000 | PA      | $633108.00     | 0.00%             | 2027-11-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: —       |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78015K7H1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    1104000 | PA      | $1018605.60    | 0.00%             | 2025-06-10      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| RICE UNIVERSITY                                                                  | William Marsh Rice University                                                    | CUSIP: 96926GAC7<br>LEI: 549300QPVG49ONTSJJ20 | Long             | DBT              | CORP              | US        |     365000 | PA      | $319743.65     | 0.00%             | 2045-05-15      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FG7<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     275000 | PA      | $249834.75     | 0.00%             | 2042-06-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J52B4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     208071 | PA      | $201142.13     | 0.00%             | 2032-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Mylan Inc                                                                        | Mylan Inc                                                                        | CUSIP: 628530BJ5<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |     750000 | PA      | $615247.50     | 0.00%             | 2048-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| DAYTON POWER & LIGHT CO/                                                         | Dayton Power & Light Co/The                                                      | CUSIP: 240019BV0<br>LEI: 1ELKY8G44MKGCQWG6864 | Long             | DBT              | CORP              | US        |     671000 | PA      | $559620.71     | 0.00%             | 2049-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    1000000 | PA      | $984230.00     | 0.00%             | 2024-03-14      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GRYV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      37324 | PA      | $36758.99      | 0.00%             | 2032-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJK72<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     396192 | PA      | $378479.16     | 0.00%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                           | CUSIP: 40434LAA3<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     690000 | PA      | $649434.90     | 0.00%             | 2025-06-17      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL                                                            | TotalEnergies Capital International SA                                           | CUSIP: 89153VAX7<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    1140000 | PA      | $912832.20     | 0.00%             | 2041-06-29      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                         | Mars Inc                                                                         | CUSIP: 571676AH8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     357000 | PA      | $308269.50     | 0.00%             | 2059-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDH1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1385000 | PA      | $1223384.35    | 0.01%             | 2040-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CORE INCOME COR                                                         | OWL Rock Core Income Corp                                                        | CUSIP: 69120VAF8<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |      81000 | PA      | $73823.40      | 0.00%             | 2027-02-08      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AXIS SPECIALTY FINAN PLC                                                         | AXIS Specialty Finance PLC                                                       | CUSIP: 05464HAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     625000 | PA      | $597825.00     | 0.00%             | 2027-12-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Conoco Funding Co                                                                | Conoco Funding Co                                                                | CUSIP: 20825UAC8<br>LEI: XX71EBFZWSRCIL200314 | Long             | DBT              | CORP              | CA        |      10000 | PA      | $11751.10      | 0.00%             | 2031-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VGH1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1732000 | PA      | $1545550.20    | 0.01%             | 2028-03-22      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                                                          | Japan International Cooperation Agency                                           | CUSIP: 47109LAB0<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |    1293000 | PA      | $1214501.97    | 0.01%             | 2027-04-27      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                                                    | UBS AG/London                                                                    | CUSIP: 902674YK0<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |     845000 | PA      | $792601.55     | 0.00%             | 2024-08-09      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| SEATTLE CHILDREN HOSP                                                            | Seattle Children's Hospital                                                      | CUSIP: 81257VAB7<br>LEI: 549300WXE9O4DQMMXS47 | Long             | DBT              | CORP              | US        |     100000 | PA      | $67562.00      | 0.00%             | 2050-10-01      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| AON GLOBAL LTD                                                                   | Aon Global Ltd                                                                   | CUSIP: 00185AAF1<br>LEI: VVT2B79I2Z4U3R6BY589 | Long             | DBT              | CORP              | GB        |     755000 | PA      | $741221.25     | 0.00%             | 2024-06-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORESTAR GROUP INC                                                               | Forestar Group Inc                                                               | CUSIP: 346232AE1<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |     200000 | PA      | $175784.00     | 0.00%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                | CUSIP: 020002AU5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     109000 | PA      | $109062.13     | 0.00%             | 2057-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142DP5<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    1121000 | PA      | $1104218.63    | 0.01%             | 2024-04-22      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CARLYLE FINANCE SUB LLC                                                          | Carlyle Finance Subsidiary LLC                                                   | CUSIP: 14314DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     840000 | PA      | $738208.80     | 0.00%             | 2029-09-19      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                               | CUSIP: 925650AB9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |     610000 | PA      | $593511.70     | 0.00%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIO                                                         | Fortune Brands Innovations Inc                                                   | CUSIP: 34964CAG1<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |     435000 | PA      | $351271.20     | 0.00%             | 2052-03-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CR1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |      80000 | PA      | $79670.40      | 0.00%             | 2025-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAN3<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    2765000 | PA      | $2360729.35    | 0.01%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJZC7<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     516659 | PA      | $494041.45     | 0.00%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                  | CUSIP: 2350364X5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     250000 | PA      | $201665.75     | 0.00%             | 2045-11-01      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBV2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    3870000 | PA      | $3552814.80    | 0.02%             | 2037-05-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP OVERSEAS DEV                                                         | Sinopec Group Overseas Development 2016 Ltd                                      | CUSIP: 000000000<br>LEI: 5299002BJODD4TLAOX51 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $193432.00     | 0.00%             | 2026-05-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748AK8<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     235000 | PA      | $258020.60     | 0.00%             | 2033-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                                         | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAD9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     160000 | PA      | $148400.00     | 0.00%             | 2038-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Nan Fung Treasury Ltd                                                            | Nan Fung Treasury Ltd                                                            | CUSIP: 000000000<br>LEI: 254900S3BMA32ATT9Q05 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $384536.00     | 0.00%             | 2028-09-05      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                                           | Anglo American Capital PLC                                                       | CUSIP: 034863AU4<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     500000 | PA      | $488850.00     | 0.00%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YBT5<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     510000 | PA      | $406760.70     | 0.00%             | 2032-07-09      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| EMPOWER FINANCE 2020 LP                                                          | Empower Finance 2020 LP                                                          | CUSIP: 29248HAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     760000 | PA      | $508797.20     | 0.00%             | 2051-09-17      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179T4Q5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     457232 | PA      | $459838.19     | 0.00%             | 2048-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375CV2<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |     315000 | PA      | $302044.05     | 0.00%             | 2049-01-20      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 21684AAC0<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     695000 | PA      | $682253.70     | 0.00%             | 2025-08-04      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                                                 | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     675000 | PA      | $542598.75     | 0.00%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| MANITOWOC COMPANY INC                                                            | Manitowoc Co Inc/The                                                             | CUSIP: 563571AL2<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | DBT              | CORP              | US        |     249000 | PA      | $244879.05     | 0.00%             | 2026-04-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| AHLSTROM-MUNKSJO HLDG 3                                                          | Ahlstrom-Munksjo Holding 3 Oy                                                    | CUSIP: 84612JAA0<br>LEI: 743700UEY0YM039XN974 | Long             | DBT              | CORP              | FI        |     290000 | PA      | $248437.20     | 0.00%             | 2028-02-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442UAE4<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     617000 | PA      | $493964.03     | 0.00%             | 2047-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BOC Aviation Ltd                                                                 | BOC Aviation Ltd                                                                 | CUSIP: 09681MAE8<br>LEI: 254900H06V5RMEB3KE72 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $187778.00     | 0.00%             | 2027-09-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                            | Nabors Industries Inc                                                            | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     445000 | PA      | $445578.50     | 0.00%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Dover Corp                                                                       | Dover Corp                                                                       | CUSIP: 260003AK4<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |     110000 | PA      | $112409.00     | 0.00%             | 2041-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 168863DP0<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    1200000 | PA      | $1028124.00    | 0.00%             | 2031-01-31      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBT2<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     435000 | PA      | $322287.15     | 0.00%             | 2052-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBL8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1985000 | PA      | $1884757.50    | 0.01%             | 2026-05-07      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CHINA GREAT WALL INTL IV                                                         | China Great Wall International Holdings IV Ltd                                   | CUSIP: 000000000<br>LEI: 2549001TKORUCHQP7S80 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $194160.00     | 0.00%             | 2024-07-31      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UZT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5642475 | PA      | $5402168.15    | 0.03%             | 2049-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NQ4<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     205000 | PA      | $198355.95     | 0.00%             | 2028-11-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                  | CUSIP: 046353AL2<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |     929000 | PA      | $907214.95     | 0.00%             | 2025-11-16      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BR0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     764000 | PA      | $733180.24     | 0.00%             | 2030-03-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | Entergy Arkansas LLC                                                             | CUSIP: 29366MAD0<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |     500000 | PA      | $519870.00     | 0.00%             | 2033-01-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                           | Lumen Technologies Inc                                                           | CUSIP: 156686AM9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     210000 | PA      | $172403.70     | 0.00%             | 2028-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBY8<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     769000 | PA      | $605226.07     | 0.00%             | 2051-01-31      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Ingredion Inc                                                                    | Ingredion Inc                                                                    | CUSIP: 457187AB8<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | DBT              | CORP              | US        |     327000 | PA      | $311411.91     | 0.00%             | 2026-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123CJ7<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1000000 | PA      | $882240.00     | 0.00%             | 2026-04-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CV27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     526804 | PA      | $502986.68     | 0.00%             | 2048-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    1150000 | PA      | $1033758.00    | 0.00%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                     | Navient Corp                                                                     | CUSIP: 63938CAL2<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     395000 | PA      | $349436.75     | 0.00%             | 2028-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FL5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    1752000 | PA      | $1514113.44    | 0.01%             | 2029-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BANCO LATINOAMERICANO SA                                                         | Banco Latinoamericano de Comercio Exterior SA                                    | CUSIP: 000000000<br>LEI: 549300CN3134K4LC0651 | Long             | DBT              | NUSS              | PA        |     400000 | PA      | $370196.00     | 0.00%             | 2025-09-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DICK'S SPORTING GOODS                                                            | Dick's Sporting Goods Inc                                                        | CUSIP: 253393AF9<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |     420000 | PA      | $343669.20     | 0.00%             | 2032-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                                                         | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAJ3<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |     840000 | PA      | $826870.80     | 0.00%             | 2025-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 90351DAF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    1733000 | PA      | $1692187.85    | 0.01%             | 2026-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| THREE GORGES FIN I KY                                                            | Three Gorges Finance I Cayman Islands Ltd                                        | CUSIP: 000000000<br>LEI: 549300FD0MPTWEITI779 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $384268.00     | 0.00%             | 2024-10-16      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                 | CUSIP: 26884ABD4<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |      25000 | PA      | $24246.00      | 0.00%             | 2025-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYC2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1443000 | PA      | $1133274.48    | 0.01%             | 2042-04-22      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| Ameren Corp                                                                      | Ameren Corp                                                                      | CUSIP: 023608AJ1<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |     658000 | PA      | $604090.06     | 0.00%             | 2031-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132AEGF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     152955 | PA      | $150206.39     | 0.00%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CET4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   40000000 | PA      | $38334375.20   | 0.18%             | 2027-05-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| SHINHAN BANK                                                                     | Shinhan Bank Co Ltd                                                              | CUSIP: 000000000<br>LEI: 5493003P813VL21KG928 | Long             | DBT              | CORP              | KR        |     600000 | PA      | $567276.00     | 0.00%             | 2028-03-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Callon Petroleum Co                                                              | Callon Petroleum Co                                                              | CUSIP: 144577AJ2<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |     100000 | PA      | $100000.00     | 0.00%             | 2025-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| PEACEHEALTH OBLIGATED GR                                                         | PeaceHealth Obligated Group                                                      | CUSIP: 70462GAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     188000 | PA      | $133543.92     | 0.00%             | 2050-11-15      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YBP5<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |       5000 | PA      | $3999.05       | 0.00%             | 2050-04-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    3000000 | PA      | $2279370.00    | 0.01%             | 2049-09-30      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017CP2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     535000 | PA      | $474528.95     | 0.00%             | 2047-05-04      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 03523TBQ0<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |      40000 | PA      | $34310.40      | 0.00%             | 2042-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CN HUANENG GP HK TREASUR                                                         | China Huaneng Group Hong Kong Treasury Management Holding Ltd                    | CUSIP: 000000000<br>LEI: 254900S9905REJFRBF91 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $191998.00     | 0.00%             | 2024-12-10      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBG0<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     699000 | PA      | $613414.44     | 0.00%             | 2046-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135AZ9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    2213000 | PA      | $2155904.60    | 0.01%             | 2024-08-22      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                                                         | Graphic Packaging International LLC                                              | CUSIP: 38869AAB3<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     388000 | PA      | $348839.16     | 0.00%             | 2028-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                                                           | Advanced Micro Devices Inc                                                       | CUSIP: 007903BG1<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |     835000 | PA      | $778128.15     | 0.00%             | 2052-06-01      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| MGM China Holdings Ltd                                                           | MGM China Holdings Ltd                                                           | CUSIP: 55300RAA9<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |     520000 | PA      | $507473.20     | 0.00%             | 2024-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAU2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    1085000 | PA      | $806903.65     | 0.00%             | 2041-05-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAP9<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     850000 | PA      | $695725.00     | 0.00%             | 2032-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Republic of Zambia                                                               | Zambia Government International Bond                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | ZM        |    1000000 | PA      | $496960.00     | 0.00%             | 2027-07-30      | Fixed         | 8.97%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 144141DB1<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     163000 | PA      | $145508.47     | 0.00%             | 2042-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                                           | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     526000 | PA      | $485729.44     | 0.00%             | 2026-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                       | CUSIP: 695114CG1<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     797000 | PA      | $899334.80     | 0.00%             | 2037-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON CORP                                                               | First Horizon Corp                                                               | CUSIP: 320517AD7<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | DBT              | CORP              | US        |     410000 | PA      | $400914.40     | 0.00%             | 2025-05-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PROVINCIA DE MENDOZA                                                             | Provincia de Mendoza Argentina                                                   | CUSIP: 000000000<br>LEI: 529900FD2SD2M48A6753 | Long             | DBT              | NUSS              | AR        |     300000 | PA      | $238665.00     | 0.00%             | 2029-03-19      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Belo Corp                                                                        | Belo Corp                                                                        | CUSIP: 080555AE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     245000 | PA      | $236731.25     | 0.00%             | 2027-06-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Africa Finance Corp                                                              | Africa Finance Corp                                                              | CUSIP: 000000000<br>LEI: 213800LXFHRRXIJRXW97 | Long             | DBT              | NUSS              | XX        |     200000 | PA      | $194354.00     | 0.00%             | 2024-04-13      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                                         | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAP4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     595000 | PA      | $522064.90     | 0.00%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                             | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     692000 | PA      | $671717.48     | 0.00%             | 2030-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EZT7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     383000 | PA      | $342788.83     | 0.00%             | 2026-07-14      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCP1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    1057000 | PA      | $946702.05     | 0.00%             | 2026-01-06      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DJ4<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    1697000 | PA      | $1589885.36    | 0.01%             | 2026-07-23      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ICBCIL FINANCE CO LTD                                                            | ICBCIL Finance Co Ltd                                                            | CUSIP: 000000000<br>LEI: 549300ZCUURSNVTOEU07 | Long             | DBT              | CORP              | HK        |     600000 | PA      | $539646.00     | 0.00%             | 2026-08-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2018-1 AA PTT                                                         | United Airlines 2018-1 Class AA Pass Through Trust                               | CUSIP: 909318AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     584180 | PA      | $517180.42     | 0.00%             | 2030-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XCS3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     468000 | PA      | $472048.20     | 0.00%             | 2029-01-17      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66                                                                      | CUSIP: 718546BA1<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |     570000 | PA      | $422854.50     | 0.00%             | 2052-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAZ0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     300000 | PA      | $258237.00     | 0.00%             | 2029-01-25      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CM9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1780000 | PA      | $1578664.20    | 0.01%             | 2027-05-24      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                      | CUSIP: 85771PAX0<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    1472000 | PA      | $1445621.76    | 0.01%             | 2024-11-10      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAW1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     682000 | PA      | $558326.12     | 0.00%             | 2031-04-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                               | CUSIP: 925650AD5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |     630000 | PA      | $606362.40     | 0.00%             | 2032-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| GANNETT HOLDINGS LLC                                                             | Gannett Holdings LLC                                                             | CUSIP: 36474GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     226000 | PA      | $178942.28     | 0.00%             | 2026-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DJ5<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $175024.00     | 0.00%             | 2026-12-29      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| SF HLDNG INVESTMENT 2021                                                         | SF Holding Investment 2021 Ltd                                                   | CUSIP: 000000000<br>LEI: 655600V9A105VPU0VS17 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $519498.00     | 0.00%             | 2031-11-17      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FAQ4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    1171000 | PA      | $1092484.45    | 0.01%             | 2030-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CA3<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1125000 | PA      | $943987.50     | 0.00%             | 2041-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Cboe Global Markets Inc                                                          | Cboe Global Markets Inc                                                          | CUSIP: 12503MAA6<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |     844000 | PA      | $823144.76     | 0.00%             | 2027-01-12      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP                                                          | Korea National Oil Corp                                                          | CUSIP: 50065XAK0<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $382080.00     | 0.00%             | 2025-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0KD0<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    1560000 | PA      | $1389960.00    | 0.01%             | 2026-06-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     200000 | PA      | $197210.00     | 0.00%             | 2027-11-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Adecoagro SA                                                                     | Adecoagro SA                                                                     | CUSIP: 000000000<br>LEI: 529900Q00UR5LFELO811 | Long             | DBT              | CORP              | LU        |     300000 | PA      | $287286.00     | 0.00%             | 2027-09-21      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL GRID USA                                                                | National Grid USA                                                                | CUSIP: 49337WAJ9<br>LEI: MOM4570XTJ5YYX7JKH83 | Long             | DBT              | CORP              | US        |      88000 | PA      | $88168.08      | 0.00%             | 2035-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VBB9<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     200000 | PA      | $181252.00     | 0.00%             | 2029-03-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830AR0<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     880000 | PA      | $1001440.00    | 0.00%             | 2036-09-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400EV1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     440000 | PA      | $466250.40     | 0.00%             | 2035-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $390852.00     | 0.00%             | 2026-07-12      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBN0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     788000 | PA      | $766613.68     | 0.00%             | 2025-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RD63<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     980198 | PA      | $916282.74     | 0.00%             | 2045-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| National Fuel Gas Co                                                             | National Fuel Gas Co                                                             | CUSIP: 636180BN0<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |     397000 | PA      | $375077.66     | 0.00%             | 2027-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                                                  | Sealed Air Corp                                                                  | CUSIP: 81211KAK6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     305000 | PA      | $317206.10     | 0.00%             | 2033-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172AU3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     513000 | PA      | $414067.95     | 0.00%             | 2042-08-21      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788NAA8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     750000 | PA      | $738675.00     | 0.00%             | 2033-07-28      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| MCKESSON CORP                                                                    | McKesson Corp                                                                    | CUSIP: 581557BQ7<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |     345000 | PA      | $310475.85     | 0.00%             | 2025-12-03      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UDF3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     382000 | PA      | $365738.26     | 0.00%             | 2027-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668BA9<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |     573000 | PA      | $552492.33     | 0.00%             | 2024-09-26      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAW2<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |     851000 | PA      | $761083.34     | 0.00%             | 2029-12-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ST ENG URBAN SOL USA                                                             | Ste Transcore Holdings Inc                                                       | CUSIP: 85235DAA7<br>LEI: 2549005ISD49W0N6WG55 | Long             | DBT              | CORP              | US        |     600000 | PA      | $577488.00     | 0.00%             | 2027-05-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| CWT TRAVEL GROUP INC                                                             | CWT Travel Group Inc                                                             | CUSIP: 12670RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     425000 | PA      | $360323.50     | 0.00%             | 2026-11-19      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| UNIV SOUTHERN CALIFORIA                                                          | University of Southern California                                                | CUSIP: 914886AB2<br>LEI: 0GMCSQ6M60R4T46U5511 | Long             | DBT              | CORP              | US        |     738000 | PA      | $618362.82     | 0.00%             | 2039-10-01      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                                              | Northern Trust Corp                                                              | CUSIP: 665859AU8<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |     764000 | PA      | $713996.20     | 0.00%             | 2029-05-03      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FRMZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     441830 | PA      | $410539.29     | 0.00%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Masco Corp                                                                       | Masco Corp                                                                       | CUSIP: 574599BN5<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     296000 | PA      | $281892.64     | 0.00%             | 2027-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   30000000 | PA      | $27297656.40   | 0.13%             | 2026-03-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641596E1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     420000 | PA      | $394480.80     | 0.00%             | 2024-07-31      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AP6<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     975000 | PA      | $843843.00     | 0.00%             | 2027-10-15      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967HA2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1051000 | PA      | $1221051.80    | 0.01%             | 2043-09-13      | Fixed         | 6.68%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CH5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     850000 | PA      | $844687.50     | 0.00%             | 2025-07-18      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJ6R4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      98052 | PA      | $99269.88      | 0.00%             | 2047-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SPX FLOW INC                                                                     | SPX FLOW Inc                                                                     | CUSIP: 758071AA2<br>LEI: 5493003YXEKRBINIEM78 | Long             | DBT              | CORP              | US        |     335000 | PA      | $277055.05     | 0.00%             | 2030-04-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| Sands China Ltd                                                                  | Sands China Ltd                                                                  | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    1118000 | PA      | $1100402.68    | 0.01%             | 2028-08-08      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCT5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     220000 | PA      | $223471.60     | 0.00%             | 2026-01-13      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF BELARUS                                                              | Republic of Belarus International Bond                                           | CUSIP: 000000000<br>LEI: 635400CVCOWYLHF4ZB08 | Long             | DBT              | NUSS              | BY        |     600000 | PA      | $199500.00     | 0.00%             | 2031-02-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q73S4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     155716 | PA      | $152801.24     | 0.00%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA LTD                                                            | Rio Tinto Finance USA Ltd                                                        | CUSIP: 767201AL0<br>LEI: 213800RX94ZKEZXPKH58 | Long             | DBT              | CORP              | AU        |     676000 | PA      | $714248.08     | 0.00%             | 2040-11-02      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                                                          | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |     868000 | PA      | $800052.96     | 0.00%             | 2028-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BY5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     405000 | PA      | $395956.35     | 0.00%             | 2027-08-05      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WH4Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      90658 | PA      | $86100.33      | 0.00%             | 2031-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                              | CUSIP: 302635AD9<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |     230000 | PA      | $226037.10     | 0.00%             | 2024-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| WHARF REIC FINANCE BVI                                                           | Wharf REIC Finance BVI Ltd                                                       | CUSIP: 000000000<br>LEI: 254900N6PHCMYYNUWV59 | Long             | DBT              | CORP              | VG        |     250000 | PA      | $235350.00     | 0.00%             | 2028-01-17      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAJ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   38250000 | PA      | $34798535.35   | 0.17%             | 2025-08-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | Ohio Power Co                                                                    | CUSIP: 677415CQ2<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |      15000 | PA      | $13184.10      | 0.00%             | 2048-04-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| LABL INC                                                                         | LABL Inc                                                                         | CUSIP: 50168QAC9<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |     360000 | PA      | $325350.00     | 0.00%             | 2028-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                                                     | Ecopetrol SA                                                                     | CUSIP: 279158AJ8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    1100000 | PA      | $788623.00     | 0.00%             | 2045-05-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254AX8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     617000 | PA      | $595898.60     | 0.00%             | 2025-04-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: —       |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 949746RF0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1808000 | PA      | $1873720.80    | 0.01%             | 2044-01-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| ROCKEFELLER FOUNDATION                                                           | Rockefeller Foundation/The                                                       | CUSIP: 77310VAA2<br>LEI: 549300JU3NX0IK5I9038 | Long             | DBT              | CORP              | US        |     389000 | PA      | $265025.70     | 0.00%             | 2050-10-01      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VCX0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     419000 | PA      | $384524.68     | 0.00%             | 2048-09-15      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAR5<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     800000 | PA      | $804664.00     | 0.00%             | 2024-07-05      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400HK2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |      30000 | PA      | $28293.30      | 0.00%             | 2024-08-01      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| NFP CORP                                                                         | NFP Corp                                                                         | CUSIP: 65342RAE0<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |     365000 | PA      | $319170.60     | 0.00%             | 2028-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZW3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   30000000 | PA      | $27461718.90   | 0.13%             | 2025-06-30      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YAV1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    1345000 | PA      | $1276808.50    | 0.01%             | 2036-05-14      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CU8<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1440000 | PA      | $1252555.20    | 0.01%             | 2070-04-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK                                                                 | Fifth Third Bank NA                                                              | CUSIP: 31677QBT5<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |     400000 | PA      | $406184.00     | 0.00%             | 2025-10-27      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Mattel Inc                                                                       | Mattel Inc                                                                       | CUSIP: 577081AU6<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |     183000 | PA      | $169547.67     | 0.00%             | 2040-10-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TJX4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8602593 | PA      | $8275493.42    | 0.04%             | 2047-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                                                | State Street Corp                                                                | CUSIP: 857477AN3<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    1090000 | PA      | $1068995.70    | 0.01%             | 2024-12-16      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ROLLER BEARING CO OF AME                                                         | Roller Bearing Co of America Inc                                                 | CUSIP: 775631AD6<br>LEI: 254900U9XW6S76H2P167 | Long             | DBT              | CORP              | US        |     300000 | PA      | $270081.00     | 0.00%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                                                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AQ9<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     515000 | PA      | $489316.95     | 0.00%             | 2027-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                              | CUSIP: 14149YBJ6<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     967000 | PA      | $921792.75     | 0.00%             | 2027-06-15      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                | CUSIP: 50249AAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     650000 | PA      | $499427.50     | 0.00%             | 2040-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                                                             | DH Europe Finance II Sarl                                                        | CUSIP: 23291KAK1<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |     720000 | PA      | $586324.80     | 0.00%             | 2049-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J5NM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      77189 | PA      | $77759.28      | 0.00%             | 2047-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERISOURCEBERGEN CORP                                                           | AmerisourceBergen Corp                                                           | CUSIP: 03073EAR6<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |     497000 | PA      | $437027.01     | 0.00%             | 2030-05-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| EAST OHIO GAS CO/THE                                                             | East Ohio Gas Co/The                                                             | CUSIP: 27409LAE3<br>LEI: BC95Y6MXLT75BGO7UM71 | Long             | DBT              | CORP              | US        |     685000 | PA      | $468272.85     | 0.00%             | 2050-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                                                   | Phillips 66 Co                                                                   | CUSIP: 718547AG7<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |     767000 | PA      | $726671.14     | 0.00%             | 2028-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J96V8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     138761 | PA      | $134281.85     | 0.00%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae                                                                       | CUSIP: 21H032621<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   37812750 | PA      | $35749980.54   | 0.17%             | 2053-02-21      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MGK34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   21067910 | PA      | $17739173.73   | 0.09%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY SOUTHERN                                                             | Kansas City Southern/Old                                                         | CUSIP: 485170BB9<br>LEI: 5493008C12PZMWP3WY03 | Long             | DBT              | CORP              | US        |     395000 | PA      | $366658.75     | 0.00%             | 2048-05-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                          | Bayer US Finance II LLC                                                          | CUSIP: 07274NAW3<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    1169000 | PA      | $1140265.98    | 0.01%             | 2024-07-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308KD8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     280000 | PA      | $244151.60     | 0.00%             | 2052-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X7VQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1441006 | PA      | $1283662.28    | 0.01%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                    | CUSIP: 143658BS0<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     650000 | PA      | $626379.00     | 0.00%             | 2030-06-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| NONGHYUP BANK                                                                    | NongHyup Bank                                                                    | CUSIP: 65540KAJ4<br>LEI: 988400GSDJCW3LKJBD20 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $195292.00     | 0.00%             | 2027-07-06      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X6GA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     278651 | PA      | $266193.07     | 0.00%             | 2048-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                             | CUSIP: 92939UAE6<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |     305000 | PA      | $247391.60     | 0.00%             | 2030-10-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0CF3<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    3437000 | PA      | $3375649.55    | 0.02%             | 2024-02-21      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718ER6<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     268000 | PA      | $252426.52     | 0.00%             | 2026-11-03      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL                                                                    | ArcelorMittal SA                                                                 | CUSIP: 03938LBC7<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |     545000 | PA      | $521777.55     | 0.00%             | 2029-07-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| MACY'S RETAIL HLDGS LLC                                                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55616XAG2<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |     220000 | PA      | $148601.20     | 0.00%             | 2042-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Enstar Group Ltd                                                                 | Enstar Group Ltd                                                                 | CUSIP: 29359UAB5<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |     442000 | PA      | $416253.50     | 0.00%             | 2029-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                              | Synchrony Financial                                                              | CUSIP: 87165BAS2<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     185000 | PA      | $181538.65     | 0.00%             | 2025-06-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AV1<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |    1008000 | PA      | $780121.44     | 0.00%             | 2033-02-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CATALENT PHARMA SOLUTION                                                         | Catalent Pharma Solutions Inc                                                    | CUSIP: 14879EAH1<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |     460000 | PA      | $381689.60     | 0.00%             | 2029-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A2U4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |      25000 | PA      | $22261.50      | 0.00%             | 2026-01-08      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HJC5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     450000 | PA      | $412614.00     | 0.00%             | 2028-01-27      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| GLOBAL NET LEASE/GLOBAL                                                          | Global Net Lease Inc / Global Net Lease Operating Partnership LP                 | CUSIP: 37892AAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |     330000 | PA      | $278658.60     | 0.00%             | 2027-12-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| YALE UNIVERSITY                                                                  | Yale University                                                                  | CUSIP: 98459LAB9<br>LEI: 9SFB6DIM0FRWV0EV8S84 | Long             | DBT              | CORP              | US        |     428000 | PA      | $353609.32     | 0.00%             | 2030-04-15      | Fixed         | 1.48%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    2400000 | PA      | $1914456.00    | 0.01%             | 2055-01-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AFRICAN EXPORT-IMPORT BA                                                         | African Export-Import Bank/The                                                   | CUSIP: 000000000<br>LEI: 21380068LJCDYA42GJ76 | Long             | DBT              | NUSS              | XX        |     950000 | PA      | $927570.50     | 0.00%             | 2024-06-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833BY5<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    2670000 | PA      | $2593985.10    | 0.01%             | 2026-02-23      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                             | Boston Properties LP                                                             | CUSIP: 10112RAY0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     760000 | PA      | $698409.60     | 0.00%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                     | CUSIP: 174610BE4<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     580000 | PA      | $559497.00     | 0.00%             | 2037-05-21      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT                                                            | Costa Rica Government International Bond                                         | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     800000 | PA      | $787360.00     | 0.00%             | 2045-03-12      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QAR36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     319014 | PA      | $314325.45     | 0.00%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                                                                      | Ovintiv Inc                                                                      | CUSIP: 292505AD6<br>LEI: CZ72ZHBVKZXQRV3XFE26 | Long             | DBT              | CORP              | US        |     576000 | PA      | $612408.96     | 0.00%             | 2034-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HSBC USA Inc                                                                     | HSBC USA Inc                                                                     | CUSIP: 40434CAD7<br>LEI: 549300LBOHZ4QSIWU288 | Long             | DBT              | CORP              | US        |     960000 | PA      | $941971.20     | 0.00%             | 2024-06-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KNSG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3882844 | PA      | $3419530.75    | 0.02%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                                              | Dollar General Corp                                                              | CUSIP: 256677AL9<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     570000 | PA      | $578327.70     | 0.00%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIFRAX ESCROW ISS CORP                                                          | ASP Unifrax Holdings Inc                                                         | CUSIP: 90473LAC6<br>LEI: 549300RRU6BWJLD0YT71 | Long             | DBT              | CORP              | US        |     275000 | PA      | $199034.00     | 0.00%             | 2029-09-30      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TELEDYNE TECHNOLOGIES IN                                                         | Teledyne Technologies Inc                                                        | CUSIP: 879360AE5<br>LEI: 549300VSMO9KYQWDND94 | Long             | DBT              | CORP              | US        |     778000 | PA      | $661074.38     | 0.00%             | 2031-04-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                        | CUSIP: 682680AW3<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     617000 | PA      | $588025.68     | 0.00%             | 2029-03-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133GEGN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5754324 | PA      | $5244378.90    | 0.03%             | 2036-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FR0<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     670000 | PA      | $612065.10     | 0.00%             | 2044-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370BY5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     500000 | PA      | $520920.00     | 0.00%             | 2028-10-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS PWR & LIGHT                                                         | Indianapolis Power & Light Co                                                    | CUSIP: 455434BT6<br>LEI: 2T85JNP2R2B2GTSFND21 | Long             | DBT              | CORP              | US        |    1125000 | PA      | $956475.00     | 0.00%             | 2046-05-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                | CUSIP: 251799AA0<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     215000 | PA      | $254306.30     | 0.00%             | 2032-04-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550AW6<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     752000 | PA      | $850865.44     | 0.00%             | 2038-01-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DBC2<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     170000 | PA      | $166226.00     | 0.00%             | 2024-11-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                        | CUSIP: 682680AS2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     420000 | PA      | $404115.60     | 0.00%             | 2027-07-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CN HUANENG GP HK TREASUR                                                         | China Huaneng Group Hong Kong Treasury Management Holding Ltd                    | CUSIP: 000000000<br>LEI: 254900S9905REJFRBF91 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $181934.00     | 0.00%             | 2029-12-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBT6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    1463000 | PA      | $1406630.61    | 0.01%             | 2024-09-27      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| XYLEM INC                                                                        | Xylem Inc/NY                                                                     | CUSIP: 98419MAL4<br>LEI: 549300DF5MV96DRYLQ48 | Long             | DBT              | CORP              | US        |     662000 | PA      | $556602.98     | 0.00%             | 2031-01-30      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAM8<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |     900000 | PA      | $896823.00     | 0.00%             | 2029-02-20      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HSBC USA INC                                                                     | HSBC USA Inc                                                                     | CUSIP: 40428HTA0<br>LEI: 549300LBOHZ4QSIWU288 | Long             | DBT              | CORP              | US        |    1080000 | PA      | $1066932.00    | 0.01%             | 2024-05-24      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MAGNOLIA OIL GAS/MAG FIN                                                         | Magnolia Oil & Gas Operating LLC / Magnolia Oil & Gas Finance Corp               | CUSIP: 559665AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     346000 | PA      | $334737.70     | 0.00%             | 2026-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SHANGHAI PUDONG DEV/HK                                                           | Shanghai Pudong Development Bank Co Ltd/Hong Kong                                | CUSIP: 000000000<br>LEI: 300300C1031031001330 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $189550.00     | 0.00%             | 2024-07-13      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| GULFSTREAM NATURAL GAS                                                           | Gulfstream Natural Gas System LLC                                                | CUSIP: 402740AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     515000 | PA      | $500961.10     | 0.00%             | 2025-09-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PAV8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1520000 | PA      | $1467088.80    | 0.01%             | 2029-07-23      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J5ZY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     169870 | PA      | $163654.71     | 0.00%             | 2047-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC                                                              | Jazz Securities DAC                                                              | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |     985000 | PA      | $899846.75     | 0.00%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| P&L DEV LLC/PLD FIN CORP                                                         | P&L Development LLC / PLD Finance Corp                                           | CUSIP: 69306RAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     325000 | PA      | $263890.25     | 0.00%             | 2025-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| WESTERN UNION CO/THE                                                             | Western Union Co/The                                                             | CUSIP: 959802AY5<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |     477000 | PA      | $458411.31     | 0.00%             | 2025-01-10      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                                                         | Baylor Scott & White Holdings                                                    | CUSIP: 072863AJ2<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |     728000 | PA      | $519923.04     | 0.00%             | 2050-11-15      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV                                                         | Asian Infrastructure Investment Bank/The                                         | CUSIP: 04522KAA4<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | XX        |    4112000 | PA      | $3987488.64    | 0.02%             | 2024-05-16      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                                                      | Truist Bank                                                                      | CUSIP: 07330NAT2<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     947000 | PA      | $906714.62     | 0.00%             | 2024-12-06      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                                                          | Oesterreichische Kontrollbank AG                                                 | CUSIP: 676167CA5<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |    1434000 | PA      | $1355689.26    | 0.01%             | 2025-02-12      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN                                                         | Blue Racer Midstream LLC / Blue Racer Finance Corp                               | CUSIP: 095796AE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     178000 | PA      | $175985.04     | 0.00%             | 2026-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   47100000 | PA      | $44833312.50   | 0.21%             | 2024-03-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142DB6<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     195000 | PA      | $221841.75     | 0.00%             | 2041-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HBG9<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    1115000 | PA      | $1081516.55    | 0.01%             | 2025-02-05      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                              | COMM 2015-CCRE25 Mortgage Trust                                                  | CUSIP: 12593PAW2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     650000 | PA      | $628156.69     | 0.00%             | 2048-08-10      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DAS8<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     789000 | PA      | $694998.54     | 0.00%             | 2037-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                                                             | Saudi Arabian Oil Co                                                             | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    1700000 | PA      | $1514105.00    | 0.01%             | 2049-04-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442UAH7<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     420000 | PA      | $397908.00     | 0.00%             | 2029-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CINCINNATI FINL CORP                                                             | Cincinnati Financial Corp                                                        | CUSIP: 172062AE1<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | DBT              | CORP              | US        |     638000 | PA      | $686207.28     | 0.00%             | 2034-11-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AMER AIRLN 15-2 AA PTT                                                           | American Airlines 2015-2 Class AA Pass Through Trust                             | CUSIP: 02377BAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     123193 | PA      | $112566.19     | 0.00%             | 2027-09-22      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                      | CUSIP: 931142EP4<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     120000 | PA      | $92902.80      | 0.00%             | 2049-09-24      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XFPN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2543080 | PA      | $2317769.74    | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 69370RAJ6<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     600000 | PA      | $450930.00     | 0.00%             | 2060-02-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                                         | Equitable Financial Life Global Funding                                          | CUSIP: 29449WAF4<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     657000 | PA      | $565039.71     | 0.00%             | 2028-03-08      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAX0<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |     300000 | PA      | $247110.00     | 0.00%             | 2031-02-09      | Fixed         | 2.13%                 | No            |                  2 | On Loan: —       |
| M/I HOMES INC                                                                    | M/I Homes Inc                                                                    | CUSIP: 55305BAV3<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |     255000 | PA      | $214523.85     | 0.00%             | 2030-02-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| UMASS MEM HEALTH CARE                                                            | UMass Memorial Health Care Obligated Group                                       | CUSIP: 90407JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      90000 | PA      | $89321.40      | 0.00%             | 2052-07-01      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| Ohio State University/The                                                        | OHIO ST UNIV                                                                     | CUSIP: 677632MV0<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |     175000 | PA      | $181117.30     | 0.00%             | 2040-06-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YAK5<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     640000 | PA      | $608864.00     | 0.00%             | 2027-02-28      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| INVENTIVE GLOBAL INV LTD                                                         | Inventive Global Investments Ltd                                                 | CUSIP: 000000000<br>LEI: 2221005EX2X7ALDBEA02 | Long             | DBT              | CORP              | VG        |    1600000 | PA      | $1463136.00    | 0.01%             | 2025-09-03      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                                                        | GATX Corp                                                                        | CUSIP: 361448BE2<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     160000 | PA      | $157646.40     | 0.00%             | 2029-04-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286G0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   45500000 | PA      | $44371386.61   | 0.21%             | 2024-02-29      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JQ4<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     175000 | PA      | $132492.50     | 0.00%             | 2049-11-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92344GAX4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     100000 | PA      | $106203.00     | 0.00%             | 2035-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                                                  | Nordea Bank Abp                                                                  | CUSIP: 65559CAB7<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    1054000 | PA      | $952953.02     | 0.00%             | 2025-08-28      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| MONTEFIORE OBLIGATED GRP                                                         | Montefiore Obligated Group                                                       | CUSIP: 61237WAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     407000 | PA      | $259572.39     | 0.00%             | 2050-09-01      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     680000 | PA      | $550664.00     | 0.00%             | 2081-06-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| STATE ELITE GLOBAL LTD                                                           | State Elite Global Ltd                                                           | CUSIP: 000000000<br>LEI: 254900FRO7K50Y54IW59 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $540186.00     | 0.00%             | 2026-09-29      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                             | Niagara Mohawk Power Corp                                                        | CUSIP: 65364UAL0<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |     215000 | PA      | $203237.35     | 0.00%             | 2028-12-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 25160PAG2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     850000 | PA      | $672069.50     | 0.00%             | 2033-01-07      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway Fund                               | TEXAS ST TRANSPRTN COMMISSIONST HIGHWAY FUND REVENUE                             | CUSIP: 88283LKV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     500000 | PA      | $478300.00     | 0.00%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cargill Inc                                                                      | Cargill Inc                                                                      | CUSIP: 141781BJ2<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |     335000 | PA      | $284026.40     | 0.00%             | 2049-05-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAB1<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |     354000 | PA      | $306687.90     | 0.00%             | 2045-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| NEW HOME CO INC/THE                                                              | New Home Co Inc/The                                                              | CUSIP: 645370AC1<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |     185000 | PA      | $161085.05     | 0.00%             | 2025-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308KB2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     660000 | PA      | $610526.40     | 0.00%             | 2029-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664CW9<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    1120000 | PA      | $919576.00     | 0.00%             | 2030-10-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| COLGATE-PALMOLIVE CO                                                             | Colgate-Palmolive Co                                                             | CUSIP: 194162AM5<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |     115000 | PA      | $112172.15     | 0.00%             | 2025-08-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167FC2<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    1695000 | PA      | $1546229.85    | 0.01%             | 2026-04-14      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                        | CUSIP: 682680BC6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     420000 | PA      | $340170.60     | 0.00%             | 2050-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 084659AX9<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     596000 | PA      | $528687.76     | 0.00%             | 2050-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                                                     | Navient Corp                                                                     | CUSIP: 63938CAH1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     350000 | PA      | $349247.50     | 0.00%             | 2025-06-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                                               | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    1600000 | PA      | $316000.00     | 0.00%             | 2034-09-25      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ENDEAVOR MINING PLC                                                              | Endeavour Mining PLC                                                             | CUSIP: 000000000<br>LEI: 529900NI5MXQ91GHXR07 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $355520.00     | 0.00%             | 2026-10-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STILLWATER MINING CO                                                             | Stillwater Mining Co                                                             | CUSIP: 000000000<br>LEI: 6354007DPCY4ZN2MRR73 | Long             | DBT              | CORP              | US        |     400000 | PA      | $344560.00     | 0.00%             | 2029-11-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Steelcase Inc                                                                    | Steelcase Inc                                                                    | CUSIP: 858155AE4<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | DBT              | CORP              | US        |     346000 | PA      | $308593.94     | 0.00%             | 2029-01-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERV                                                         | Southwestern Public Service Co                                                   | CUSIP: 845743BP7<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |      50000 | PA      | $49079.00      | 0.00%             | 2024-06-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| AIA Group Ltd                                                                    | AIA Group Ltd                                                                    | CUSIP: 00131LAE5<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |     270000 | PA      | $245967.30     | 0.00%             | 2046-03-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Markel Corp                                                                      | Markel Corp                                                                      | CUSIP: 570535AT1<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |     385000 | PA      | $359867.20     | 0.00%             | 2049-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                                                     | WP Carey Inc                                                                     | CUSIP: 92936UAH2<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     762000 | PA      | $599960.70     | 0.00%             | 2033-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                | CUSIP: 020002AQ4<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |      88000 | PA      | $92747.60      | 0.00%             | 2033-06-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CSSC CAPITAL 2015 LTD                                                            | CSSC Capital 2015 Ltd                                                            | CUSIP: 000000000<br>LEI: 549300K934XNVEY4JJ41 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $179800.00     | 0.00%             | 2026-07-27      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                                                               | Realty Income Corp                                                               | CUSIP: 756109AR5<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     495000 | PA      | $488025.45     | 0.00%             | 2026-10-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                                         | Permian Resources Operating LLC                                                  | CUSIP: 15138AAC4<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     250000 | PA      | $245135.00     | 0.00%             | 2027-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBH7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     889000 | PA      | $766682.49     | 0.00%             | 2036-07-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                                                 | NTT Finance Corp                                                                 | CUSIP: 62954WAD7<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    1567000 | PA      | $1359059.10    | 0.01%             | 2028-04-03      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                                              | Macquarie Group Ltd                                                              | CUSIP: 55608JBC1<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     565000 | PA      | $540507.25     | 0.00%             | 2028-06-21      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QCE3<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     634000 | PA      | $576832.22     | 0.00%             | 2050-02-25      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CY0<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     800000 | PA      | $672808.00     | 0.00%             | 2031-07-28      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JCH5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     418000 | PA      | $405852.92     | 0.00%             | 2052-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                               | F&G Global Funding                                                               | CUSIP: 30321L2A9<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |     505000 | PA      | $456504.85     | 0.00%             | 2026-06-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                                             | Colombia Government International Bond                                           | CUSIP: 195325BQ7<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     403000 | PA      | $397551.44     | 0.00%             | 2024-02-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XYAB3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     465117 | PA      | $475534.24     | 0.00%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                                              | SVB Financial Group                                                              | CUSIP: 78486QAF8<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |     560000 | PA      | $427733.60     | 0.00%             | 2031-02-02      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAA9<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    1566000 | PA      | $1402869.78    | 0.01%             | 2027-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCE4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1371000 | PA      | $1044962.49    | 0.01%             | 2052-04-22      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                              | Fifth Third Bancorp                                                              | CUSIP: 316773CP3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     461000 | PA      | $458423.01     | 0.00%             | 2024-01-16      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829BQ9<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     500000 | PA      | $419085.00     | 0.00%             | 2031-12-14      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                                                  | Oklahoma Gas and Electric Co                                                     | CUSIP: 678858BS9<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |     279000 | PA      | $224851.68     | 0.00%             | 2047-08-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558BK8<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    1157000 | PA      | $1035700.12    | 0.00%             | 2047-03-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200AR2<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     594000 | PA      | $639340.02     | 0.00%             | 2027-08-01      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                               | Panama Government International Bond                                             | CUSIP: 698299BB9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1450000 | PA      | $1100086.00    | 0.01%             | 2053-04-29      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AI CANDELARIA SPAIN SLU                                                          | AI Candelaria Spain SA                                                           | CUSIP: 000000000<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | ES        |     250000 | PA      | $193955.00     | 0.00%             | 2033-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23000000 | PA      | $16430625.00   | 0.08%             | 2050-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AQ2<br>LEI: N/A                  | Long             | DBT              |  | US        |     565000 | PA      | $500262.30     | 0.00%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142CK7<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |      50000 | PA      | $61136.00      | 0.00%             | 2037-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JUNIPER NETWORKS INC                                                             | Juniper Networks Inc                                                             | CUSIP: 48203RAN4<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |     698000 | PA      | $629945.00     | 0.00%             | 2025-12-10      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668AU6<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |     566000 | PA      | $562677.58     | 0.00%             | 2028-11-13      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                                                              | Block Financial LLC                                                              | CUSIP: 093662AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     322000 | PA      | $282641.94     | 0.00%             | 2028-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                   | EPR Properties                                                                   | CUSIP: 26884UAF6<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |     440000 | PA      | $366982.00     | 0.00%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BJ6<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |      55000 | PA      | $49606.15      | 0.00%             | 2045-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                                          | United Rentals North America Inc                                                 | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     760000 | PA      | $773170.80     | 0.00%             | 2029-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RBL2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     578000 | PA      | $523783.60     | 0.00%             | 2047-04-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBZ8<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     532000 | PA      | $516630.52     | 0.00%             | 2030-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WEY5<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     500000 | PA      | $509110.00     | 0.00%             | 2028-01-09      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                           | CUSIP: 40434LAN5<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     395000 | PA      | $388004.55     | 0.00%             | 2033-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | eBay Inc                                                                         | CUSIP: 278642AX1<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     410000 | PA      | $369897.90     | 0.00%             | 2026-05-10      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162DH0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     920000 | PA      | $889419.20     | 0.00%             | 2029-08-18      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29278NAG8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     887000 | PA      | $895461.98     | 0.00%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 96950FAN4<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     557000 | PA      | $544111.02     | 0.00%             | 2044-03-04      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523AK6<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    1822000 | PA      | $1745585.32    | 0.01%             | 2048-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CABOT CORP                                                                       | Cabot Corp                                                                       | CUSIP: 127055AM3<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |     210000 | PA      | $204716.40     | 0.00%             | 2032-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SNX1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      43857 | PA      | $44798.50      | 0.00%             | 2046-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XFFW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3550969 | PA      | $3236362.15    | 0.02%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VDP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     579953 | PA      | $555096.58     | 0.00%             | 2050-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                                                  | Sealed Air Corp                                                                  | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     235000 | PA      | $222812.90     | 0.00%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448CC0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     482000 | PA      | $426844.74     | 0.00%             | 2042-08-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                          | CUSIP: 404119BY4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1007000 | PA      | $948654.42     | 0.00%             | 2039-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UDE6<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     180000 | PA      | $173901.60     | 0.00%             | 2025-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| STONECO LTD                                                                      | StoneCo Ltd                                                                      | CUSIP: 000000000<br>LEI: 549300O1A9LEF0XZCR35 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $303240.00     | 0.00%             | 2028-06-16      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CPPIB CAPITAL INC                                                                | CPPIB Capital Inc                                                                | CUSIP: 22411VAM0<br>LEI: 549300KW9NB55HTDK075 | Long             | DBT              | NUSS              | CA        |     120000 | PA      | $112482.00     | 0.00%             | 2025-03-04      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ERHL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     160445 | PA      | $155441.98     | 0.00%             | 2046-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SHINHAN BANK                                                                     | Shinhan Bank Co Ltd                                                              | CUSIP: 82460EAP5<br>LEI: 5493003P813VL21KG928 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $203686.00     | 0.00%             | 2025-04-24      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JA2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    2115000 | PA      | $1968409.35    | 0.01%             | 2025-03-11      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BZ6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     305000 | PA      | $269037.45     | 0.00%             | 2027-10-13      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UAN9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     218000 | PA      | $238975.96     | 0.00%             | 2033-03-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     930000 | PA      | $818734.80     | 0.00%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J5MS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     207633 | PA      | $205603.93     | 0.00%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                                   | EPR Properties                                                                   | CUSIP: 26884UAD1<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |     580000 | PA      | $529447.20     | 0.00%             | 2027-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AR0<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     395000 | PA      | $358340.05     | 0.00%             | 2031-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CN4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1200000 | PA      | $972252.00     | 0.00%             | 2049-10-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                           | GE HealthCare Technologies Inc                                                   | CUSIP: 36267VAE3<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    2045000 | PA      | $2117331.65    | 0.01%             | 2027-11-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                            | CUSIP: 666807BD3<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |     433000 | PA      | $439018.70     | 0.00%             | 2040-11-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    6000000 | PA      | $5891953.14    | 0.03%             | 2024-08-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBF2<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     365000 | PA      | $334402.05     | 0.00%             | 2025-07-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DR7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1385000 | PA      | $1509040.60    | 0.01%             | 2028-11-03      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| Pactiv LLC                                                                       | Pactiv LLC                                                                       | CUSIP: 880394AB7<br>LEI: 549300O4WTC6DL4JIE57 | Long             | DBT              | CORP              | US        |     210000 | PA      | $208122.60     | 0.00%             | 2025-12-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                                       | US Bancorp                                                                       | CUSIP: 91159HHM5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    1039000 | PA      | $996369.83     | 0.00%             | 2026-04-27      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EG1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1310000 | PA      | $896485.40     | 0.00%             | 2061-02-08      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| INVENTIVE GLOBAL INV LTD                                                         | Inventive Global Investments Ltd                                                 | CUSIP: 000000000<br>LEI: 2221005EX2X7ALDBEA02 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $357404.00     | 0.00%             | 2026-09-01      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                             | CUSIP: 46513JB59<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    1000000 | PA      | $868860.00     | 0.00%             | 2120-04-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818GB8<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     635000 | PA      | $640537.20     | 0.00%             | 2033-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                                         | Comision Federal de Electricidad                                                 | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $386352.00     | 0.00%             | 2027-02-23      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| Arrow Electronics Inc                                                            | Arrow Electronics Inc                                                            | CUSIP: 042735BF6<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |     338000 | PA      | $318392.62     | 0.00%             | 2028-01-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BANK OF COMMUNICATIONS                                                           | Bank of Communications Co Ltd                                                    | CUSIP: 000000000<br>LEI: 549300AX1UM10U30HK09 | Long             | DBT              | CORP              | CN        |    2000000 | PA      | $1945200.00    | 0.01%             | 2025-11-18      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                        | CUSIP: 031162BY5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     734000 | PA      | $709366.96     | 0.00%             | 2025-05-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668BT8<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |     815000 | PA      | $798748.90     | 0.00%             | 2029-06-08      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ANZ NEW ZEALAND INTL/LDN                                                         | ANZ New Zealand Int'l Ltd/London                                                 | CUSIP: 00182EBN8<br>LEI: 213800VD256NU2D97H12 | Long             | DBT              | CORP              | NZ        |     355000 | PA      | $315697.95     | 0.00%             | 2026-06-22      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| TCI Communications Inc                                                           | TCI Communications Inc                                                           | CUSIP: 872287AL1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     745000 | PA      | $827955.75     | 0.00%             | 2028-02-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN UNIVERSITY                                                              | American University/The                                                          | CUSIP: 030360AD3<br>LEI: 549300ZMGVN6I2E7LS27 | Long             | DBT              | CORP              | US        |      60000 | PA      | $49755.60      | 0.00%             | 2049-04-01      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW INC                                                               | Scripps Escrow Inc                                                               | CUSIP: 81104PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     315000 | PA      | $281351.70     | 0.00%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Intrado Corp                                                                     | Intrado Corp                                                                     | CUSIP: 68163PAA2<br>LEI: 5493005Z5DB0O5S30R71 | Long             | DBT              | CORP              | US        |     420000 | PA      | $379045.80     | 0.00%             | 2025-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WFUT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      10838 | PA      | $10363.18      | 0.00%             | 2046-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr                                | GM Financial Consumer Automobile Receivables Trust 2023-1                        | CUSIP: 38013JAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    6190000 | PA      | $6209836.60    | 0.03%             | 2028-02-16      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAJ3<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     755000 | PA      | $734441.35     | 0.00%             | 2028-02-26      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JF2<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    4250000 | PA      | $3887305.00    | 0.02%             | 2025-07-18      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 28370TAF6<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     145000 | PA      | $128493.20     | 0.00%             | 2042-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Co/The                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CE8<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     282000 | PA      | $270153.18     | 0.00%             | 2027-05-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBU4<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     147000 | PA      | $141709.47     | 0.00%             | 2026-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SQX8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      59808 | PA      | $59008.35      | 0.00%             | 2046-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788MAH5<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     545000 | PA      | $538694.35     | 0.00%             | 2026-07-28      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| JobsOhio Beverage System                                                         | JOBSOHIO BEVERAGE SYS STWD LIQUOR PROFITS REVENUE                                | CUSIP: 47770VBQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     250000 | PA      | $204549.75     | 0.00%             | 2038-01-01      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                               | CUSIP: 02361DAT7<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     360000 | PA      | $349412.40     | 0.00%             | 2049-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063DGC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     315000 | PA      | $303593.22     | 0.00%             | 2028-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BC2<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     195000 | PA      | $180509.55     | 0.00%             | 2035-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QAW97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     217285 | PA      | $208699.93     | 0.00%             | 2049-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                                                           | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAD7<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     650000 | PA      | $549906.50     | 0.00%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDH6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     547000 | PA      | $476754.26     | 0.00%             | 2028-04-10      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp                                                                  | CMS Energy Corp                                                                  | CUSIP: 125896BN9<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |     127000 | PA      | $121229.12     | 0.00%             | 2044-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JGSH PHILIPPINES LTD                                                             | JGSH Philippines Ltd                                                             | CUSIP: 000000000<br>LEI: 984500C4564DDC8F1072 | Long             | DBT              | CORP              | VG        |     300000 | PA      | $275550.00     | 0.00%             | 2030-07-09      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                          | CUSIP: 404119CM9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     455000 | PA      | $387073.05     | 0.00%             | 2042-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137F9Z79<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5000000 | PA      | $4255068.00    | 0.02%             | 2031-01-25      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL                                                         | Jackson National Life Global Funding                                             | CUSIP: 46849LTC5<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |     425000 | PA      | $411102.50     | 0.00%             | 2025-06-11      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP                                                              | Avery Dennison Corp                                                              | CUSIP: 053611AM1<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |     500000 | PA      | $399710.00     | 0.00%             | 2032-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                                                        | Jabil Inc                                                                        | CUSIP: 466313AK9<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     701000 | PA      | $602881.03     | 0.00%             | 2031-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBF7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     750000 | PA      | $589537.50     | 0.00%             | 2033-02-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EY3U3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      54163 | PA      | $52844.77      | 0.00%             | 2031-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp                                                                    | Amphenol Corp                                                                    | CUSIP: 032095AH4<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     473000 | PA      | $465659.04     | 0.00%             | 2029-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385AX9<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     840000 | PA      | $811885.20     | 0.00%             | 2027-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AYDEM YENILENEBILIR ENER                                                         | Aydem Yenilenebilir Enerji AS                                                    | CUSIP: 000000000<br>LEI: 9845009C50EDA74OA532 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $338792.00     | 0.00%             | 2027-02-02      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCA6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     740000 | PA      | $679512.40     | 0.00%             | 2025-07-08      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                                  | Danske Bank A/S                                                                  | CUSIP: 23636AAZ4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    1082000 | PA      | $970640.56     | 0.00%             | 2026-09-11      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                            | CUSIP: 904764AS6<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |     460000 | PA      | $444912.00     | 0.00%             | 2025-07-30      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DE4<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     224000 | PA      | $212056.32     | 0.00%             | 2027-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X4HG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2433502 | PA      | $2278765.48    | 0.01%             | 2044-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STATE ELITE GLOBAL LTD                                                           | State Elite Global Ltd                                                           | CUSIP: 000000000<br>LEI: 254900FRO7K50Y54IW59 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $799360.00     | 0.00%             | 2024-10-24      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAU8<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     790000 | PA      | $662746.80     | 0.00%             | 2031-11-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                | CUSIP: 20826FBD7<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    1856000 | PA      | $1603658.24    | 0.01%             | 2062-03-15      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| Biogen Inc                                                                       | Biogen Inc                                                                       | CUSIP: 09062XAF0<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    1034000 | PA      | $1016101.46    | 0.00%             | 2025-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                                                            | Argentina Bonar Bonds                                                            | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    1292802 | PA      | $370426.56     | 0.00%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VBD5<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     325000 | PA      | $274267.50     | 0.00%             | 2052-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                                                        | PG&E Corp                                                                        | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     705000 | PA      | $649629.30     | 0.00%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                                         | Permian Resources Operating LLC                                                  | CUSIP: 15138AAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     205000 | PA      | $193323.20     | 0.00%             | 2026-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664CV1<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    1248000 | PA      | $900706.56     | 0.00%             | 2050-10-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CX6<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    1043000 | PA      | $754349.75     | 0.00%             | 2050-06-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Edison International                                                             | Edison International                                                             | CUSIP: 281020AM9<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     205000 | PA      | $194788.95     | 0.00%             | 2028-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| XIAOMI BEST TIME INTL                                                            | Xiaomi Best Time International Ltd                                               | CUSIP: 000000000<br>LEI: 254900IGJCVEY8WNJT74 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $315236.00     | 0.00%             | 2031-07-14      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAJ2<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     718000 | PA      | $535355.16     | 0.00%             | 2050-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AY0<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     760000 | PA      | $570615.60     | 0.00%             | 2041-09-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBF2<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |    1660000 | PA      | $1601402.00    | 0.01%             | 2026-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HG1<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     405000 | PA      | $349000.65     | 0.00%             | 2066-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HBA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     815000 | PA      | $669506.20     | 0.00%             | 2031-05-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBW4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     465000 | PA      | $429520.50     | 0.00%             | 2032-03-16      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31307NT61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   16129614 | PA      | $15630900.34   | 0.07%             | 2029-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                    | CUSIP: 233331BF3<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |     255000 | PA      | $224593.80     | 0.00%             | 2030-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RAY8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     375000 | PA      | $312525.00     | 0.00%             | 2035-07-08      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BERKLEY (WR) CORPORATION                                                         | W R Berkley Corp                                                                 | CUSIP: 084423AU6<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | DBT              | CORP              | US        |      60000 | PA      | $49655.40      | 0.00%             | 2050-05-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJVB3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     457413 | PA      | $440819.77     | 0.00%             | 2044-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                                                               | Morocco Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |     600000 | PA      | $480870.00     | 0.00%             | 2032-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CNOOC FINANCE 2014 ULC                                                           | CNOOC Finance 2014 ULC                                                           | CUSIP: 12591DAC5<br>LEI: 549300QK7VNAZ4SHZS12 | Long             | DBT              | CORP              | CA        |    1000000 | PA      | $991900.00     | 0.00%             | 2024-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286X3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3000000 | PA      | $2845078.14    | 0.01%             | 2026-05-31      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCH6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    1015000 | PA      | $898234.40     | 0.00%             | 2027-11-02      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                                               | Conagra Brands Inc                                                               | CUSIP: 205887CE0<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     867000 | PA      | $855781.02     | 0.00%             | 2048-11-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582CB6<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     650000 | PA      | $639801.50     | 0.00%             | 2028-11-13      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERV                                                         | Southwestern Public Service Co                                                   | CUSIP: 845743BT9<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |     275000 | PA      | $225497.25     | 0.00%             | 2049-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFC8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1275000 | PA      | $1278582.75    | 0.01%             | 2044-01-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XB2Y5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7337332 | PA      | $7007476.81    | 0.03%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TNB GLOBAL VENTURES CAP                                                          | TNB Global Ventures Capital Bhd                                                  | CUSIP: 000000000<br>LEI: 5493004U8XEGPFWIBZ14 | Long             | DBT              | CORP              | MY        |     600000 | PA      | $597642.00     | 0.00%             | 2028-11-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NBH7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     850000 | PA      | $760044.50     | 0.00%             | 2026-10-04      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CN3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    1905000 | PA      | $1685639.25    | 0.01%             | 2030-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                              | CUSIP: 14149YBH0<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     871000 | PA      | $849155.32     | 0.00%             | 2024-06-15      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   55700000 | PA      | $42532171.88   | 0.20%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822AJ3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     562000 | PA      | $522710.58     | 0.00%             | 2026-09-13      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFF1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2020000 | PA      | $2004143.00    | 0.01%             | 2024-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAY4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     530000 | PA      | $489227.10     | 0.00%             | 2052-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967MY4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1514000 | PA      | $1261631.34    | 0.01%             | 2032-05-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| INTERPUBLIC GROUP COS                                                            | Interpublic Group of Cos Inc/The                                                 | CUSIP: 460690BS8<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |     540000 | PA      | $410664.60     | 0.00%             | 2041-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Regency Centers LP                                                               | Regency Centers LP                                                               | CUSIP: 75884RAY9<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     295000 | PA      | $254464.05     | 0.00%             | 2049-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| VITERRA FINANCE BV                                                               | Viterra Finance BV                                                               | CUSIP: 92852LAB5<br>LEI: 213800HBZGEIZLKJBI17 | Long             | DBT              | CORP              | NL        |     350000 | PA      | $277014.50     | 0.00%             | 2031-04-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ENTERCOM MEDIA CORP                                                              | Audacy Capital Corp                                                              | CUSIP: 29365DAB5<br>LEI: 549300S5JUSXRHNCHD80 | Long             | DBT              | CORP              | US        |     318000 | PA      | $56076.12      | 0.00%             | 2029-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138Y63F9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      44837 | PA      | $46338.67      | 0.00%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172BT5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     400000 | PA      | $380564.00     | 0.00%             | 2026-02-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| OIL & GAS HOLDING                                                                | Oil and Gas Holding Co BSCC/The                                                  | CUSIP: 67778NAA6<br>LEI: 549300OBH16L6TS6IW50 | Long             | DBT              | CORP              | BH        |     600000 | PA      | $623868.00     | 0.00%             | 2027-10-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XAW6<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     681000 | PA      | $651635.28     | 0.00%             | 2044-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| MEXICO CITY ARPT TRUST                                                           | Mexico City Airport Trust                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    1600000 | PA      | $1300704.00    | 0.01%             | 2047-07-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BDO UNIBANK INC                                                                  | BDO Unibank Inc                                                                  | CUSIP: 000000000<br>LEI: 3FGIIBS1PEI1FYQBGN97 | Long             | DBT              | CORP              | PH        |     400000 | PA      | $366180.00     | 0.00%             | 2026-01-13      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XJYA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2023000 | PA      | $2089888.71    | 0.01%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526BN8<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     629000 | PA      | $562640.50     | 0.00%             | 2032-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                                                   | Sabre GLBL Inc                                                                   | CUSIP: 78573NAH5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |     545000 | PA      | $577672.75     | 0.00%             | 2027-12-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| Mars Inc                                                                         | Mars Inc                                                                         | CUSIP: 571676AD7<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     475000 | PA      | $425053.75     | 0.00%             | 2039-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NYU LANGONE HOSPITALS                                                            | NYU Langone Hospitals                                                            | CUSIP: 62952EAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     555000 | PA      | $502569.15     | 0.00%             | 2047-07-01      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| VALVOLINE INC                                                                    | Valvoline Inc                                                                    | CUSIP: 92047WAG6<br>LEI: 549300CMHPBEY6VPOT75 | Long             | DBT              | CORP              | US        |     355000 | PA      | $298601.15     | 0.00%             | 2031-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BY8<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     175000 | PA      | $183849.75     | 0.00%             | 2028-11-04      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV FIN                                                         | Anheuser-Busch InBev Finance Inc                                                 | CUSIP: 035242AM8<br>LEI: 5493000EYEKDT0FBSQ91 | Long             | DBT              | CORP              | US        |    1090000 | PA      | $1074380.30    | 0.01%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAT9<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |    1078000 | PA      | $1051373.40    | 0.01%             | 2024-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DX2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     890000 | PA      | $759018.70     | 0.00%             | 2028-04-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810EZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    2000000 | PA      | $2212968.76    | 0.01%             | 2027-02-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138MCXP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      94251 | PA      | $88289.70      | 0.00%             | 2042-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                                                            | Novartis Capital Corp                                                            | CUSIP: 66989HAH1<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    1613000 | PA      | $1602338.07    | 0.01%             | 2044-05-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MEDCO BELL PTE LTD                                                               | Medco Bell Pte Ltd                                                               | CUSIP: 000000000<br>LEI: 2549003PNDCWIWGKC768 | Long             | DBT              | CORP              | SG        |     600000 | PA      | $578142.00     | 0.00%             | 2027-01-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Hexcel Corp                                                                      | Hexcel Corp                                                                      | CUSIP: 428291AN8<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |     264000 | PA      | $252582.00     | 0.00%             | 2027-02-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                                                             | Michaels Cos Inc/The                                                             | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |     891000 | PA      | $676839.24     | 0.00%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EBHJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      21407 | PA      | $20329.20      | 0.00%             | 2031-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1990000 | PA      | $1647998.60    | 0.01%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XHNN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     964008 | PA      | $846501.67     | 0.00%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS THEME PARKS                                                            | Six Flags Theme Parks Inc                                                        | CUSIP: 83001WAC8<br>LEI: 5493003MX0ZXTM8EVY68 | Long             | DBT              | CORP              | US        |     196000 | PA      | $198608.76     | 0.00%             | 2025-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HBG3<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     530000 | PA      | $537017.20     | 0.00%             | 2026-01-09      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BX9<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $928543.00     | 0.00%             | 2031-12-13      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| Baidu Inc                                                                        | Baidu Inc                                                                        | CUSIP: 056752AG3<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |     820000 | PA      | $798245.40     | 0.00%             | 2025-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| Kellogg Co                                                                       | Kellogg Co                                                                       | CUSIP: 487836BQ0<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |     290000 | PA      | $269708.70     | 0.00%             | 2046-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    1070000 | PA      | $880374.60     | 0.00%             | 2031-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Oil India Ltd                                                                    | Oil India Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800XXEP14XISP1A16 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $392588.00     | 0.00%             | 2029-02-04      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | LOS ANGELES CA UNIF SCH DIST                                                     | CUSIP: 544646XZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1675000 | PA      | $1824880.68    | 0.01%             | 2034-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TELESAT CANADA/TELESAT L                                                         | Telesat Canada / Telesat LLC                                                     | CUSIP: 87952VAP1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     255000 | PA      | $117042.45     | 0.00%             | 2027-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AQ6<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     330000 | PA      | $273256.50     | 0.00%             | 2045-01-26      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                                                         | FMC Corp                                                                         | CUSIP: 302491AV7<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     360000 | PA      | $309621.60     | 0.00%             | 2049-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CK2<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     917000 | PA      | $783915.79     | 0.00%             | 2031-05-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QG3B1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3234934 | PA      | $2738953.41    | 0.01%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NEVADA POWER CO                                                                  | Nevada Power Co                                                                  | CUSIP: 641423CE6<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |     285000 | PA      | $206399.85     | 0.00%             | 2050-08-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INTL                                                           | Williams Scotsman International Inc                                              | CUSIP: 71953LAA9<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |     457000 | PA      | $458942.25     | 0.00%             | 2025-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                                                          | Wisconsin Power and Light Co                                                     | CUSIP: 976826BN6<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |     265000 | PA      | $208292.65     | 0.00%             | 2050-04-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66 Co                                                                   | CUSIP: 718547AJ1<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |     514000 | PA      | $464265.36     | 0.00%             | 2029-12-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VCM4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |      35000 | PA      | $34365.10      | 0.00%             | 2054-08-21      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828XZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   10000000 | PA      | $9709375.00    | 0.05%             | 2025-06-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3622A23R1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     245604 | PA      | $237890.65     | 0.00%             | 2047-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X7VJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4702945 | PA      | $4491520.70    | 0.02%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     800000 | PA      | $710128.00     | 0.00%             | 2034-05-18      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DBE8<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     128000 | PA      | $123742.72     | 0.00%             | 2025-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RHA3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     700000 | PA      | $672875.00     | 0.00%             | 2046-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| TRITON WATER HOLDINGS IN                                                         | Triton Water Holdings Inc                                                        | CUSIP: 89680EAA7<br>LEI: 5493005IYCEL7QJFZZ63 | Long             | DBT              | CORP              | US        |     665000 | PA      | $527478.00     | 0.00%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| Target Corp                                                                      | Target Corp                                                                      | CUSIP: 87612EBA3<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     225000 | PA      | $211133.25     | 0.00%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PERNOD RIC INTL FIN LLC                                                          | Pernod Ricard International Finance LLC                                          | CUSIP: 71427QAC2<br>LEI: 5493009254WI1A8WXT48 | Long             | DBT              | CORP              | US        |     463000 | PA      | $317437.43     | 0.00%             | 2050-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AIR METHODS CORP                                                                 | Air Methods Corp                                                                 | CUSIP: 00215JAA7<br>LEI: 54930081QGNZXVDOZF63 | Long             | DBT              | CORP              | US        |     310000 | PA      | $14294.10      | 0.00%             | 2025-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Constellium SE                                                                   | Constellium SE                                                                   | CUSIP: 210383AG0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     289000 | PA      | $284913.54     | 0.00%             | 2026-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAQ2<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     185000 | PA      | $127540.85     | 0.00%             | 2050-04-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CROWNROCK LP/CROWNROCK F                                                         | CrownRock LP / CrownRock Finance Inc                                             | CUSIP: 228701AF5<br>LEI: WFBCP6PB6JZR80B7U482 | Long             | DBT              | CORP              | US        |    1036000 | PA      | $1013363.40    | 0.00%             | 2025-10-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                                                      | Ivory Coast Government International Bond                                        | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     119389 | PA      | $109675.51     | 0.00%             | 2032-12-31      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| QBE INSURANCE GROUP LTD                                                          | QBE Insurance Group Ltd                                                          | CUSIP: 000000000<br>LEI: 549300D2FBW76FPUSG65 | Long             | DBT              | CORP              | AU        |     200000 | PA      | $187598.00     | 0.00%             | 2025-05-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                                              | NCL Corp Ltd                                                                     | CUSIP: 62886HBL4<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     240000 | PA      | $244003.20     | 0.00%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 28370TAG4<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     338000 | PA      | $335708.36     | 0.00%             | 2024-05-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAG2<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     350000 | PA      | $343175.00     | 0.00%             | 2026-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140JM4A7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     370702 | PA      | $355100.01     | 0.00%             | 2049-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANGKO PILIPINAS BOND                                                            | Bangko Sentral ng Pilipinas International Bond                                   | CUSIP: 059891AA9<br>LEI: 4IDQTQC5NXVM3WSFHR30 | Long             | DBT              | NUSS              | PH        |      87000 | PA      | $98270.85      | 0.00%             | 2027-06-15      | Fixed         | 8.60%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AP4<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     442000 | PA      | $422366.36     | 0.00%             | 2028-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | Sands China Ltd                                                                  | CUSIP: 80007RAN5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |     460000 | PA      | $402242.40     | 0.00%             | 2027-03-08      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31307NQJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      21568 | PA      | $20866.67      | 0.00%             | 2030-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89115A2H4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     815000 | PA      | $819580.30     | 0.00%             | 2027-09-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| OHIOHEALTH CORP                                                                  | OhioHealth Corp                                                                  | CUSIP: 67777JAM0<br>LEI: JGYGIL4QGKKPZU7C1D18 | Long             | DBT              | CORP              | US        |     224000 | PA      | $168497.28     | 0.00%             | 2041-11-15      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BQ4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     225000 | PA      | $161028.00     | 0.00%             | 2051-12-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CA1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     510000 | PA      | $472433.40     | 0.00%             | 2028-11-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| GEMS MENASA KY LTD/GEMS                                                          | GEMS MENASA Cayman Ltd / GEMS Education Delaware LLC                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     600000 | PA      | $592620.00     | 0.00%             | 2026-07-31      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAA0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     330000 | PA      | $325957.50     | 0.00%             | 2024-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     478000 | PA      | $466174.28     | 0.00%             | 2026-01-29      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| API GROUP DE INC                                                                 | APi Group DE Inc                                                                 | CUSIP: 00185PAA9<br>LEI: 549300XP4G7B4QYA0G83 | Long             | DBT              | CORP              | US        |     180000 | PA      | $161863.20     | 0.00%             | 2029-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVK2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     570000 | PA      | $513142.50     | 0.00%             | 2026-01-15      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM INT FIN                                                         | Deutsche Telekom International Finance BV                                        | CUSIP: 25156PAC7<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |    1910000 | PA      | $2332969.50    | 0.01%             | 2030-06-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QFA58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4046484 | PA      | $3602573.65    | 0.02%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK OF CHINA/HONG KONG                                                          | Bank of China Ltd/Hong Kong                                                      | CUSIP: 000000000<br>LEI: 549300OGSFI8KL1WUU09 | Long             | DBT              | CORP              | CN        |     800000 | PA      | $765264.00     | 0.00%             | 2025-01-16      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 035240AR1<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    1104000 | PA      | $1142330.88    | 0.01%             | 2031-01-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBV7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1590000 | PA      | $1142049.30    | 0.01%             | 2041-11-19      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EE6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     648000 | PA      | $482811.84     | 0.00%             | 2041-02-08      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWCE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1788691 | PA      | $1723777.12    | 0.01%             | 2034-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280AM1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     755000 | PA      | $852931.05     | 0.00%             | 2042-01-14      | Fixed         | 6.10%                 | No            |                  2 | On Loan: —       |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BC9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    2228000 | PA      | $2130903.76    | 0.01%             | 2027-08-22      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF FINLAND                                                              | Finland Government International Bond                                            | CUSIP: 31788DAJ3<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |     450000 | PA      | $368212.50     | 0.00%             | 2030-05-20      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| EMORY UNIVERSITY                                                                 | Emory University                                                                 | CUSIP: 29157TAE6<br>LEI: 95MD72NUUVZ3P8PQ6919 | Long             | DBT              | CORP              | US        |     428000 | PA      | $320079.80     | 0.00%             | 2050-09-01      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| TEXTRON INC                                                                      | Textron Inc                                                                      | CUSIP: 883203CB5<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |     447000 | PA      | $396019.65     | 0.00%             | 2030-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91086QBB3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2604000 | PA      | $2236393.32    | 0.01%             | 2044-03-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q9F65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      49239 | PA      | $49365.47      | 0.00%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TJT3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     500000 | PA      | $471515.00     | 0.00%             | 2025-01-13      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                                                          | Asbury Automotive Group Inc                                                      | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     420000 | PA      | $362775.00     | 0.00%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                                                           | Adient Global Holdings Ltd                                                       | CUSIP: 00687YAA3<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |     485000 | PA      | $460221.35     | 0.00%             | 2026-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| Tabreed Sukuk Spc Ltd                                                            | Tabreed Sukuk Spc Ltd                                                            | CUSIP: 000000000<br>LEI: 549300DC2NOQN38VGO16 | Long             | DBT              | CORP              | AE        |     400000 | PA      | $406008.00     | 0.00%             | 2025-10-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HUAFA 2021 I CO LTD                                                              | Huafa 2021 I Co Ltd                                                              | CUSIP: 000000000<br>LEI: 254900JH6H94W81RZZ20 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $352000.00     | 0.00%             | 2024-07-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668BB7<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |     335000 | PA      | $315154.60     | 0.00%             | 2026-09-26      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS                                                           | BBVA Bancomer SA/Texas                                                           | CUSIP: 000000000<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $368596.00     | 0.00%             | 2025-09-18      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                | CUSIP: 50249AAJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     591000 | PA      | $434119.05     | 0.00%             | 2051-04-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DPL0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     133043 | PA      | $130098.30     | 0.00%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                                                                  | Weyerhaeuser Co                                                                  | CUSIP: 962166BY9<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |     453000 | PA      | $427351.14     | 0.00%             | 2030-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MEMORIAL SLOAN-KETTERING                                                         | Memorial Sloan-Kettering Cancer Center                                           | CUSIP: 586054AB4<br>LEI: 549300IZ71UAMEHWL382 | Long             | DBT              | CORP              | US        |     327000 | PA      | $293907.60     | 0.00%             | 2052-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MEGLOBAL CANADA ULC                                                              | MEGlobal Canada ULC                                                              | CUSIP: 000000000<br>LEI: 635400MHHHT7LMKMQL03 | Long             | DBT              | CORP              | CA        |     600000 | PA      | $596754.00     | 0.00%             | 2025-05-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                       | CUSIP: 670346AX3<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |     345000 | PA      | $340097.55     | 0.00%             | 2025-05-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SPECTRA ENERGY PARTNERS                                                          | Spectra Energy Partners LP                                                       | CUSIP: 84756NAG4<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |     816000 | PA      | $722412.96     | 0.00%             | 2045-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                                                            | Healthpeak Properties Inc                                                        | CUSIP: 42250PAC7<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |      85000 | PA      | $75672.95      | 0.00%             | 2027-02-01      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397YG2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     310000 | PA      | $303840.30     | 0.00%             | 2024-01-09      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                                            | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     200000 | PA      | $167410.00     | 0.00%             | 2041-10-07      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225401AU2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     990000 | PA      | $752489.10     | 0.00%             | 2032-05-14      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286BW6<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     800000 | PA      | $809864.00     | 0.00%             | 2037-01-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638BM3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1300000 | PA      | $1323413.00    | 0.01%             | 2050-11-18      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| KANSAI ELECTRIC POWER CO                                                         | Kansai Electric Power Co Inc/The                                                 | CUSIP: 000000000<br>LEI: 353800PFUKP5ONPJNZ86 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $191294.00     | 0.00%             | 2024-09-17      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081ES8<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    1050000 | PA      | $1030428.00    | 0.00%             | 2024-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORPORATION                                                           | Murphy Oil Corp                                                                  | CUSIP: 626717AA0<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |     170000 | PA      | $173949.10     | 0.00%             | 2029-05-01      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                                                  | Sealed Air Corp                                                                  | CUSIP: 81211KAZ3<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     590000 | PA      | $518940.40     | 0.00%             | 2026-10-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                                                         | Corporate Office Properties LP                                                   | CUSIP: 22003BAN6<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |     455000 | PA      | $361147.15     | 0.00%             | 2029-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JG9<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    3280000 | PA      | $2646960.00    | 0.01%             | 2030-08-26      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TransDigm Inc                                                                    | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     840000 | PA      | $758276.40     | 0.00%             | 2029-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NRW.BANK                                                                         | NRW Bank                                                                         | CUSIP: 000000000<br>LEI: 52990002O5KK6XOGJ020 | Long             | DBT              | CORP              | DE        |     945000 | PA      | $856170.00     | 0.00%             | 2026-03-09      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                                               | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    1600000 | PA      | $314400.00     | 0.00%             | 2031-05-21      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAK6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1835000 | PA      | $1774977.15    | 0.01%             | 2032-04-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| ASHTEAD CAPITAL INC                                                              | Ashtead Capital Inc                                                              | CUSIP: 045054AL7<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |     500000 | PA      | $466235.00     | 0.00%             | 2029-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| EMIRATES TELECOM GROUP                                                           | Emirates Telecommunications Group Co PJSC                                        | CUSIP: 000000000<br>LEI: 529900XDPQPWEQ9BGB80 | Long             | DBT              | CORP              | AE        |     400000 | PA      | $392772.00     | 0.00%             | 2024-06-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                                                  | Gen Digital Inc                                                                  | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |     580000 | PA      | $588125.80     | 0.00%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KBZ2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     523000 | PA      | $436752.07     | 0.00%             | 2032-01-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| OIL INDIA INTERNATIONAL                                                          | Oil India International Pte Ltd                                                  | CUSIP: 000000000<br>LEI: 529900MQ8CL8FLAGEQ79 | Long             | DBT              | CORP              | SG        |     415000 | PA      | $393843.30     | 0.00%             | 2027-04-21      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SEMPRA ENERGY                                                                    | Sempra Energy                                                                    | CUSIP: 816851BN8<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     195000 | PA      | $188865.30     | 0.00%             | 2025-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS/TYCO FI                                                         | Johnson Controls International plc / Tyco Fire & Security Finance SCA            | CUSIP: 47837RAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     480000 | PA      | $494078.40     | 0.00%             | 2032-12-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| PREMIER ENTERTAINMENT SU                                                         | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp               | CUSIP: 74052HAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     505000 | PA      | $367074.40     | 0.00%             | 2029-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW ZEALAND                                                              | Bank of New Zealand                                                              | CUSIP: 06407EAE5<br>LEI: N7LGVZM7X4UQ66T7LT74 | Long             | DBT              | CORP              | NZ        |     555000 | PA      | $505854.75     | 0.00%             | 2027-01-27      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                                                     | Calpine Corp                                                                     | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     994000 | PA      | $899768.80     | 0.00%             | 2028-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Hasbro Inc                                                                       | Hasbro Inc                                                                       | CUSIP: 418056AU1<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     305000 | PA      | $271928.85     | 0.00%             | 2044-05-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                                                         | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAJ2<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |     920000 | PA      | $896549.20     | 0.00%             | 2025-06-10      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Magna International Inc                                                          | Magna International Inc                                                          | CUSIP: 559222AR5<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | DBT              | CORP              | CA        |     180000 | PA      | $176931.00     | 0.00%             | 2025-10-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EQ2<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     599000 | PA      | $431879.00     | 0.00%             | 2040-11-16      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                   | CUSIP: 427866AU2<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |      60000 | PA      | $58181.40      | 0.00%             | 2025-08-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                                                          | America Movil SAB de CV                                                          | CUSIP: 02364WBJ3<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |     497000 | PA      | $438647.23     | 0.00%             | 2030-05-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| GRAFTECH FINANCE INC                                                             | GrafTech Finance Inc                                                             | CUSIP: 384311AA4<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |     340000 | PA      | $295354.60     | 0.00%             | 2028-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SHENHUA OVERSEAS CAPITAL                                                         | China Shenhua Overseas Capital Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     400000 | PA      | $389016.00     | 0.00%             | 2025-01-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162CZ1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    1710000 | PA      | $1383629.40    | 0.01%             | 2032-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KCF5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     460000 | PA      | $455988.80     | 0.00%             | 2024-06-20      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     600000 | PA      | $695376.00     | 0.00%             | 2037-02-17      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142EB5<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     415000 | PA      | $398702.95     | 0.00%             | 2038-06-28      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ORLANDO HEALTH OBL GRP                                                           | Orlando Health Obligated Group                                                   | CUSIP: 686514AF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     355000 | PA      | $301675.45     | 0.00%             | 2048-10-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBM7<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     585000 | PA      | $397092.15     | 0.00%             | 2051-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                | Iron Mountain Inc                                                                | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     900000 | PA      | $814554.00     | 0.00%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENN MUTUAL LIFE INS CO                                                          | Penn Mutual Life Insurance Co/The                                                | CUSIP: 707567AE3<br>LEI: BIYXEJSLUQ3IWFUXX074 | Long             | DBT              | CORP              | US        |     310000 | PA      | $219935.70     | 0.00%             | 2061-04-29      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFB5<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     565000 | PA      | $546129.00     | 0.00%             | 2027-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                                                          | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     355000 | PA      | $320032.50     | 0.00%             | 2031-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANK OF CHINA/LUXEMBOURG                                                         | Bank of China Ltd/Luxembourg                                                     | CUSIP: 000000000<br>LEI: 54930053HGCFWVHYZX42 | Long             | DBT              | CORP              | CN        |    1200000 | PA      | $1088568.00    | 0.01%             | 2026-04-28      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| EARTHSTONE ENERGY HOL                                                            | Earthstone Energy Holdings LLC                                                   | CUSIP: 27034RAA1<br>LEI: 549300HGVO86L8G72J25 | Long             | DBT              | CORP              | US        |     375000 | PA      | $365782.50     | 0.00%             | 2027-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   24300000 | PA      | $21934546.88   | 0.11%             | 2048-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| VENATOR FIN SARL/VENATOR                                                         | Venator Finance Sarl / Venator Materials LLC                                     | CUSIP: 9226ALAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     250000 | PA      | $197977.50     | 0.00%             | 2025-07-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY US HLDG                                                         | Assured Guaranty US Holdings Inc                                                 | CUSIP: 04621WAE0<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |     153000 | PA      | $112343.31     | 0.00%             | 2051-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                        | CUSIP: 361448BH5<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     225000 | PA      | $148284.00     | 0.00%             | 2051-06-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179MSX9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     537924 | PA      | $521704.11     | 0.00%             | 2042-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                                                         | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAK0<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |     380000 | PA      | $323262.20     | 0.00%             | 2028-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FLORIDA GAS TRANSMISSION                                                         | Florida Gas Transmission Co LLC                                                  | CUSIP: 340711BA7<br>LEI: 549300Q0UQF87NXNOC32 | Long             | DBT              | CORP              | US        |     205000 | PA      | $166503.05     | 0.00%             | 2031-10-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138EQ6P2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       8776 | PA      | $8661.04       | 0.00%             | 2029-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GT5R7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      30397 | PA      | $29666.38      | 0.00%             | 2032-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HADRIAN MERGER SUB                                                               | Hadrian Merger Sub Inc                                                           | CUSIP: 42239PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     202000 | PA      | $169251.76     | 0.00%             | 2026-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Nvent Finance Sarl                                                               | nVent Finance Sarl                                                               | CUSIP: 67078AAD5<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |     337000 | PA      | $320601.58     | 0.00%             | 2028-04-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CK0<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     540000 | PA      | $505045.80     | 0.00%             | 2029-09-18      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Ashland LLC                                                                      | Ashland LLC                                                                      | CUSIP: 044209AM6<br>LEI: 6O4MRU8C1MS0K34UQF79 | Long             | DBT              | CORP              | US        |     180000 | PA      | $182500.20     | 0.00%             | 2043-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAH7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    1267000 | PA      | $1135067.29    | 0.01%             | 2046-11-21      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555DB7<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     525000 | PA      | $375501.00     | 0.00%             | 2050-05-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAN4<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    1700000 | PA      | $1608829.00    | 0.01%             | 2029-04-11      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FJ3<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $907270.00     | 0.00%             | 2040-03-25      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                               | CUSIP: 03740LAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $206452.50     | 0.00%             | 2052-02-28      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                                                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AR5<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     310000 | PA      | $306549.70     | 0.00%             | 2027-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MATV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     239470 | PA      | $237004.32     | 0.00%             | 2052-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                  | CUSIP: 902494BH5<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |     996000 | PA      | $982554.00     | 0.00%             | 2048-09-28      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135AN6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1093000 | PA      | $1084824.36    | 0.01%             | 2024-12-05      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   64700000 | PA      | $54297453.13   | 0.26%             | 2031-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                        | CUSIP: 26885BAH3<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     715000 | PA      | $699305.75     | 0.00%             | 2027-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513EAD3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    1757000 | PA      | $1510071.22    | 0.01%             | 2030-07-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SINGTEL GROUP TREASURY                                                           | SingTel Group Treasury Pte Ltd                                                   | CUSIP: 000000000<br>LEI: 2549002FQJ4364A54N70 | Long             | DBT              | CORP              | SG        |     600000 | PA      | $500844.00     | 0.00%             | 2030-06-10      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375BD3<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |     318000 | PA      | $356910.48     | 0.00%             | 2028-07-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| SEMPRA ENERGY                                                                    | Sempra Energy                                                                    | CUSIP: 816851BP3<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     280000 | PA      | $264317.20     | 0.00%             | 2029-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BY9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     985000 | PA      | $622323.00     | 0.00%             | 2061-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                                                               | Macquarie Bank Ltd                                                               | CUSIP: 55608PBJ2<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |     300000 | PA      | $290586.00     | 0.00%             | 2025-03-21      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| EMPRESA DE TRANSPORTE ME                                                         | Empresa de Transporte de Pasajeros Metro SA                                      | CUSIP: 000000000<br>LEI: 959800T4M5QUPYMSCH69 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $427416.00     | 0.00%             | 2061-09-13      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                              | CUSIP: 49446RAM1<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     350000 | PA      | $285544.00     | 0.00%             | 2045-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KOREA GAS CORP                                                                   | Korea Gas Corp                                                                   | CUSIP: 50066CAP4<br>LEI: 988400TFZILHBD5M3R71 | Long             | DBT              | NUSS              | KR        |     700000 | PA      | $628887.00     | 0.00%             | 2029-07-16      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                         | Electricite de France SA                                                         | CUSIP: 268317AE4<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     655000 | PA      | $629848.00     | 0.00%             | 2040-01-27      | Fixed         | 5.60%                 | No            |                  2 | On Loan: —       |
| MCGRAW-HILL EDUCATION                                                            | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     590000 | PA      | $519725.10     | 0.00%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   59700000 | PA      | $62834250.00   | 0.30%             | 2032-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                                          | National Bank of Canada                                                          | CUSIP: 63307A2P9<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |     508000 | PA      | $478028.00     | 0.00%             | 2024-08-06      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058DX8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    3151000 | PA      | $3048876.09    | 0.01%             | 2024-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN UNIVERSITY                                                            | Georgetown University/The                                                        | CUSIP: 37310PAD3<br>LEI: 549300GCL3B0KVXSX752 | Long             | DBT              | CORP              | US        |     522000 | PA      | $363588.66     | 0.00%             | 2050-04-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                       | CUSIP: 337738BC1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     706000 | PA      | $615420.20     | 0.00%             | 2030-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                                                         | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp               | CUSIP: 226373AT5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     115000 | PA      | $115709.55     | 0.00%             | 2031-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDA6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1534000 | PA      | $1370874.44    | 0.01%             | 2030-02-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc                                                                  | Xcel Energy Inc                                                                  | CUSIP: 98389BAR1<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |     339000 | PA      | $327751.98     | 0.00%             | 2025-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Sanofi                                                                           | Sanofi                                                                           | CUSIP: 801060AD6<br>LEI: 549300E9PC51EN656011 | Long             | DBT              | CORP              | FR        |     614000 | PA      | $599669.24     | 0.00%             | 2028-06-19      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                                                  | BAE Systems PLC                                                                  | CUSIP: 05523RAF4<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    1075000 | PA      | $873523.50     | 0.00%             | 2031-02-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBV7<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |      90000 | PA      | $80556.30      | 0.00%             | 2048-05-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAB5<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     565000 | PA      | $590645.35     | 0.00%             | 2036-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Dollar General Corp                                                              | Dollar General Corp                                                              | CUSIP: 256677AD7<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     180000 | PA      | $177168.60     | 0.00%             | 2025-11-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718DB2<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |      50000 | PA      | $56458.50      | 0.00%             | 2034-08-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                              | CUSIP: 14149YAW8<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     360000 | PA      | $316206.00     | 0.00%             | 2043-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YCA5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    2374000 | PA      | $2139330.10    | 0.01%             | 2039-11-21      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM / SPEC I                                                         | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC  | CUSIP: 85208NAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     801562 | PA      | $794548.83     | 0.00%             | 2025-03-20      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $502524.00     | 0.00%             | 2024-04-08      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578AAN8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     471000 | PA      | $412096.74     | 0.00%             | 2029-10-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| PITNEY BOWES INC                                                                 | Pitney Bowes Inc                                                                 | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     250000 | PA      | $209982.50     | 0.00%             | 2027-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| C&S GROUP ENTERPRISES LL                                                         | C&S Group Enterprises LLC                                                        | CUSIP: 12467AAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     264000 | PA      | $203575.68     | 0.00%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                                                         | MSCI Inc                                                                         | CUSIP: 55354GAM2<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     310000 | PA      | $265809.50     | 0.00%             | 2031-11-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                         | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAG2<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     350000 | PA      | $290899.00     | 0.00%             | 2047-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MED CARE II                                                            | Fresenius Medical Care US Finance II Inc                                         | CUSIP: 35802XAJ2<br>LEI: 5493008GJ5TVVTY4UM62 | Long             | DBT              | CORP              | US        |      40000 | PA      | $39440.40      | 0.00%             | 2024-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GUARA NORTE SARL                                                                 | Guara Norte Sarl                                                                 | CUSIP: 000000000<br>LEI: 549300U2I4L03BBA3485 | Long             | DBT              | CORP              | LU        |     591870 | PA      | $534713.57     | 0.00%             | 2034-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| TOWER BERSAMA INFRASTRUC                                                         | Tower Bersama Infrastructure Tbk PT                                              | CUSIP: 000000000<br>LEI: 213800ELUARKGNPAPY10 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $194170.00     | 0.00%             | 2025-01-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                         | Public Service Enterprise Group Inc                                              | CUSIP: 744573AP1<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |     385000 | PA      | $349491.45     | 0.00%             | 2025-08-15      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                                                      | Corning Inc                                                                      | CUSIP: 219350AW5<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     749000 | PA      | $713677.16     | 0.00%             | 2042-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CADENCE DESIGN SYS INC                                                           | Cadence Design Systems Inc                                                       | CUSIP: 127387AL2<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |      60000 | PA      | $59851.20      | 0.00%             | 2024-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | Ohio Power Co                                                                    | CUSIP: 677415CU3<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |     315000 | PA      | $221296.95     | 0.00%             | 2051-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCD0<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     265000 | PA      | $236684.75     | 0.00%             | 2026-01-12      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BS3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     590000 | PA      | $505099.00     | 0.00%             | 2031-05-13      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                             | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     640000 | PA      | $622931.20     | 0.00%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                       | CUSIP: 80282KAW6<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     670000 | PA      | $654241.60     | 0.00%             | 2024-06-07      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VAP9<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     630000 | PA      | $558243.00     | 0.00%             | 2029-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                                                          | Reinsurance Group of America Inc                                                 | CUSIP: 759351AM1<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |     400000 | PA      | $389772.00     | 0.00%             | 2026-09-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BB9<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |     892000 | PA      | $877139.28     | 0.00%             | 2024-02-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                              | CUSIP: 302635AL1<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |     215000 | PA      | $187873.45     | 0.00%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                       | CUSIP: 98956PAS1<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |     745000 | PA      | $709389.00     | 0.00%             | 2026-01-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Equate Petrochemical BV                                                          | Equate Petrochemical BV                                                          | CUSIP: 000000000<br>LEI: 635400Y3Z5R4NJSMQ630 | Long             | DBT              | CORP              | NL        |     700000 | PA      | $684180.00     | 0.00%             | 2026-11-03      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                                                    | CME Group Inc                                                                    | CUSIP: 12572QAF2<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |     783000 | PA      | $853618.77     | 0.00%             | 2043-09-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCE                                                         | Pioneer Natural Resources Co                                                     | CUSIP: 723787AR8<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |     559000 | PA      | $463220.94     | 0.00%             | 2031-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   15900000 | PA      | $15864597.70   | 0.08%             | 2024-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132Y0FN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      27807 | PA      | $28116.86      | 0.00%             | 2048-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UDR Inc                                                                          | UDR Inc                                                                          | CUSIP: 90265EAN0<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     250000 | PA      | $233610.00     | 0.00%             | 2028-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DIB TIER 1 SUKUK                                                                 | DIB Tier 1 Sukuk 5 Ltd                                                           | CUSIP: 000000000<br>LEI: 5493008C0EW2LHRN0275 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $182612.00     | 0.00%             | 2026-10-19      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMZZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   34778947 | PA      | $30564304.81   | 0.15%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     850000 | PA      | $871947.00     | 0.00%             | 2028-02-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167FS7<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    2365000 | PA      | $2352110.75    | 0.01%             | 2024-09-27      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CR8<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     968000 | PA      | $863610.88     | 0.00%             | 2026-05-01      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5450000 | PA      | $5308214.87    | 0.03%             | 2024-04-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAY0<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     823000 | PA      | $820391.09     | 0.00%             | 2062-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                                         | Uruguay Government International Bond                                            | CUSIP: 917288BK7<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    2222000 | PA      | $2215022.92    | 0.01%             | 2031-01-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZJ4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     930000 | PA      | $758787.00     | 0.00%             | 2031-09-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                   | CUSIP: 406216BE0<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |     824000 | PA      | $761763.28     | 0.00%             | 2043-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 68323ADP6<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    2197000 | PA      | $2083634.80    | 0.01%             | 2026-04-27      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UDK2<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     475000 | PA      | $375672.75     | 0.00%             | 2041-04-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAK7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     647000 | PA      | $617535.62     | 0.00%             | 2028-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                                                            | Jackson Financial Inc                                                            | CUSIP: 46817MAN7<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |     235000 | PA      | $164962.95     | 0.00%             | 2051-11-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KUWAIT PROJECTS CO SPC L                                                         | Kuwait Projects Co SPC Ltd                                                       | CUSIP: 000000000<br>LEI: 254900BQTJEWBK1TAN59 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $516636.00     | 0.00%             | 2027-02-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                                                                     | CaixaBank SA                                                                     | CUSIP: 12803RAA2<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |     600000 | PA      | $608640.00     | 0.00%             | 2029-01-18      | Fixed         | 6.21%                 | No            |                  2 | On Loan: No      |
| CNA Financial Corp                                                               | CNA Financial Corp                                                               | CUSIP: 126117AU4<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |     395000 | PA      | $374760.20     | 0.00%             | 2027-08-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VBF6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1924784 | PA      | $1788664.77    | 0.01%             | 2049-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CNOOC FINANCE 2003 LTD                                                           | CNOOC Finance 2003 Ltd                                                           | CUSIP: 12615TAB4<br>LEI: 549300KSB04UT8CS3T40 | Long             | DBT              | CORP              | VG        |      10000 | PA      | $10208.40      | 0.00%             | 2033-05-21      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AFFILIATED MANAGERS GROU                                                         | Affiliated Managers Group Inc                                                    | CUSIP: 008252AN8<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |     175000 | PA      | $169825.25     | 0.00%             | 2025-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                                                            | Healthpeak Properties Inc                                                        | CUSIP: 42250PAE3<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     195000 | PA      | $198944.85     | 0.00%             | 2032-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK CHINA/SG                                                           | Industrial & Commercial Bank of China Ltd/Singapore                              | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $200338.00     | 0.00%             | 2024-04-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QX9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   13450000 | PA      | $11512359.38   | 0.06%             | 2042-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179S5L7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   11151735 | PA      | $10727708.65   | 0.05%             | 2047-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| National Fuel Gas Co                                                             | National Fuel Gas Co                                                             | CUSIP: 636180BM2<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |     325000 | PA      | $324476.75     | 0.00%             | 2025-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CMHI FINANCE BVI CO LTD                                                          | CMHI Finance BVI Co Ltd                                                          | CUSIP: 000000000<br>LEI: 549300KTVUL1BXLNPZ11 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $195534.00     | 0.00%             | 2027-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NBCUniversal Media LLC                                                           | NBCUniversal Media LLC                                                           | CUSIP: 63946BAF7<br>LEI: VTBDOQJ6KOGQ6K786R46 | Long             | DBT              | CORP              | US        |     150000 | PA      | $172209.00     | 0.00%             | 2040-04-30      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WEUR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       8482 | PA      | $8111.11       | 0.00%             | 2046-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                        | CUSIP: 42809HAD9<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |    1097000 | PA      | $1093621.24    | 0.01%             | 2041-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                                                               | Kennedy-Wilson Inc                                                               | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |     425000 | PA      | $348852.75     | 0.00%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NRW.BANK                                                                         | NRW Bank                                                                         | CUSIP: 000000000<br>LEI: 52990002O5KK6XOGJ020 | Long             | DBT              | CORP              | DE        |    1600000 | PA      | $1478736.00    | 0.01%             | 2025-02-10      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                                                   | Open Text Corp                                                                   | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     540000 | PA      | $449479.80     | 0.00%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                            | CUSIP: 369550BN7<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     155000 | PA      | $140053.35     | 0.00%             | 2026-06-01      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| QNB FINANCE LTD                                                                  | QNB Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |    1200000 | PA      | $1140324.00    | 0.01%             | 2025-05-12      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                | CUSIP: 37045VAG5<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |      78000 | PA      | $76094.46      | 0.00%             | 2025-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                   | CUSIP: 64971M5L2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |     260000 | PA      | $276863.08     | 0.00%             | 2038-11-01      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD OPERATING PARTN                                                         | Safehold Operating Partnership LP                                                | CUSIP: 78646UAA7<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              |  | US        |     620000 | PA      | $494158.60     | 0.00%             | 2031-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| MEG ENERGY CORP                                                                  | MEG Energy Corp                                                                  | CUSIP: 552704AF5<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |     370000 | PA      | $354944.70     | 0.00%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PBQ4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     385000 | PA      | $430568.60     | 0.00%             | 2041-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NetApp Inc                                                                       | NetApp Inc                                                                       | CUSIP: 64110DAF1<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |     505000 | PA      | $491794.25     | 0.00%             | 2024-09-29      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048BM9<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     705000 | PA      | $668191.95     | 0.00%             | 2027-07-21      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| HONGKONG INTL QINGDAO                                                            | Hongkong International Qingdao Co Ltd                                            | CUSIP: 000000000<br>LEI: 549300SGT6G2H5JRJN32 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $375732.00     | 0.00%             | 2024-10-08      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829BD8<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     585000 | PA      | $522393.30     | 0.00%             | 2046-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TransDigm Inc                                                                    | CUSIP: 893647BH9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     460000 | PA      | $463519.00     | 0.00%             | 2027-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   93040000 | PA      | $87621146.64   | 0.42%             | 2024-12-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                                                         | Delta Air Lines Inc / SkyMiles IP Ltd                                            | CUSIP: 830867AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    1682048 | PA      | $1661459.73    | 0.01%             | 2025-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAX2<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     973000 | PA      | $958784.47     | 0.00%             | 2052-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC CO                                                                | NSTAR Electric Co                                                                | CUSIP: 67021CAT4<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     125000 | PA      | $128590.00     | 0.00%             | 2052-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AW3<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     235000 | PA      | $217781.55     | 0.00%             | 2030-03-26      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                    | CUSIP: 059165EK2<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |     225000 | PA      | $200697.75     | 0.00%             | 2048-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                                               | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     600000 | PA      | $135112.50     | 0.00%             | 2026-02-01      | Fixed         | 8.99%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128282A7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   15270000 | PA      | $14125943.05   | 0.07%             | 2026-08-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| EMPRESA NACIONAL DEL PET                                                         | Empresa Nacional del Petroleo                                                    | CUSIP: 000000000<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $340588.00     | 0.00%             | 2031-09-16      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BQ8<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9888.30       | 0.00%             | 2024-08-08      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                                                           | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     920000 | PA      | $813592.80     | 0.00%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| LYB INTL FINANCE BV                                                              | LYB International Finance BV                                                     | CUSIP: 50247VAC3<br>LEI: 549300J6QSW38QNOJK61 | Long             | DBT              | CORP              | NL        |     534000 | PA      | $479756.28     | 0.00%             | 2044-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                                                       | Sprint LLC                                                                       | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    1220000 | PA      | $1290028.00    | 0.01%             | 2026-03-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| UNIV SOUTHERN CALIFORIA                                                          | University of Southern California                                                | CUSIP: 914886AF3<br>LEI: 0GMCSQ6M60R4T46U5511 | Long             | DBT              | CORP              | US        |     150000 | PA      | $109669.50     | 0.00%             | 2051-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CUA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1512922 | PA      | $1444907.86    | 0.01%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                                        | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     800000 | PA      | $690272.00     | 0.00%             | 2032-01-19      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI                                                         | Adani Electricity Mumbai Ltd                                                     | CUSIP: 000000000<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $142736.00     | 0.00%             | 2031-07-22      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CBK4<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |     343000 | PA      | $312754.26     | 0.00%             | 2026-04-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138YNL62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     202900 | PA      | $196117.40     | 0.00%             | 2030-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RHB BANK                                                                         | RHB Bank Bhd                                                                     | CUSIP: 000000000<br>LEI: 549300ZHRPSV7QIUJT80 | Long             | DBT              | CORP              | MY        |     600000 | PA      | $539136.00     | 0.00%             | 2026-06-29      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                                         | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AU8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     530000 | PA      | $493053.70     | 0.00%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                                                          | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAD7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |     940000 | PA      | $763703.00     | 0.00%             | 2028-09-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| KOHL'S CORPORATION                                                               | Kohl's Corp                                                                      | CUSIP: 500255AV6<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |     368000 | PA      | $243325.28     | 0.00%             | 2045-07-17      | Fixed         | 5.55%                 | No            |                  2 | On Loan: —       |
| BAIDU INC                                                                        | Baidu Inc                                                                        | CUSIP: 056752AS7<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |    1210000 | PA      | $1085309.50    | 0.01%             | 2026-04-09      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| CGG SA                                                                           | CGG SA                                                                           | CUSIP: 12531TAF6<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |     300000 | PA      | $266895.00     | 0.00%             | 2027-04-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWDD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4166588 | PA      | $3653082.33    | 0.02%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BIO-RAD LABS                                                                     | Bio-Rad Laboratories Inc                                                         | CUSIP: 090572AR9<br>LEI: 549300ZC1GPV35XYDK53 | Long             | DBT              | CORP              | US        |     265000 | PA      | $250729.75     | 0.00%             | 2027-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| YARA INTERNATIONAL ASA                                                           | Yara International ASA                                                           | CUSIP: 984851AH8<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |     600000 | PA      | $660564.00     | 0.00%             | 2032-11-14      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                                                  | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     900000 | PA      | $758817.00     | 0.00%             | 2031-07-11      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                            | Tennessee Valley Authority                                                       | CUSIP: 880591EW8<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |      50000 | PA      | $46218.50      | 0.00%             | 2025-05-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                                                | Atmos Energy Corp                                                                | CUSIP: 049560AP0<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     708000 | PA      | $640718.76     | 0.00%             | 2048-10-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                                                              | Meritage Homes Corp                                                              | CUSIP: 59001ABA9<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     335000 | PA      | $322866.30     | 0.00%             | 2027-06-06      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBK1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2159000 | PA      | $2027624.85    | 0.01%             | 2026-04-22      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AP3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    1150000 | PA      | $1130128.00    | 0.01%             | 2028-05-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                   | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     715000 | PA      | $608536.50     | 0.00%             | 2062-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                                                     | DNB Bank ASA                                                                     | CUSIP: 23329PAG5<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    1665000 | PA      | $1474057.80    | 0.01%             | 2027-05-25      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AZ6<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     235000 | PA      | $212284.90     | 0.00%             | 2032-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                                                              | Sprint Capital Corp                                                              | CUSIP: 852060AT9<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    1380000 | PA      | $1703858.40    | 0.01%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                                                         | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     270000 | PA      | $259818.30     | 0.00%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CF0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     360000 | PA      | $258976.80     | 0.00%             | 2059-03-01      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Sutter Health                                                                    | Sutter Health                                                                    | CUSIP: 86944BAE3<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |     469000 | PA      | $402134.67     | 0.00%             | 2048-08-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| MATTHEWS INTERNATIONAL C                                                         | Matthews International Corp                                                      | CUSIP: 577128AA9<br>LEI: 549300ZVC5O0ATML6U61 | Long             | DBT              | CORP              | US        |     141000 | PA      | $134537.97     | 0.00%             | 2025-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                             | CUSIP: 87612GAD3<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     600000 | PA      | $625632.00     | 0.00%             | 2053-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| National Fuel Gas Co                                                             | National Fuel Gas Co                                                             | CUSIP: 636180BP5<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |     240000 | PA      | $230505.60     | 0.00%             | 2028-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RML3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    1973000 | PA      | $1808688.56    | 0.01%             | 2026-03-25      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| KOREAREHABNRESOURCE                                                              | Korea Mine Rehabilitation & Mineral Resources Corp                               | CUSIP: 000000000<br>LEI: 988400H3GWWTNW7D1G09 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $192720.00     | 0.00%             | 2027-04-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CB8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $163630.00     | 0.00%             | 2032-10-13      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                                                          | KeyCorp                                                                          | CUSIP: 49326EEK5<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |     653000 | PA      | $596815.88     | 0.00%             | 2027-04-06      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                                                 | DT Midstream Inc                                                                 | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     775000 | PA      | $683495.75     | 0.00%             | 2029-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SIGMA ALIMENTOS SA                                                               | Sigma Alimentos SA de CV                                                         | CUSIP: 000000000<br>LEI: 549300FW3RGHPHT21D10 | Long             | DBT              | CORP              | MX        |     800000 | PA      | $777208.00     | 0.00%             | 2026-05-02      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PSP CAPITAL INC                                                                  | PSP Capital Inc                                                                  | CUSIP: 69375V2A0<br>LEI: 549300B456N0WEIC5249 | Long             | DBT              | NUSS              | CA        |     415000 | PA      | $372603.60     | 0.00%             | 2026-06-29      | Fixed         | 1.00%                 | No            |                  2 | On Loan: —       |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAS9<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2000000 | PA      | $1571960.00    | 0.01%             | 2052-02-12      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AP9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     618000 | PA      | $547041.24     | 0.00%             | 2041-03-08      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                        | CUSIP: 00817YAP3<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |     488000 | PA      | $454464.64     | 0.00%             | 2044-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | Ally Financial Inc                                                               | CUSIP: 02005NBJ8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     975000 | PA      | $986553.75     | 0.00%             | 2025-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBT2<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     310000 | PA      | $255179.60     | 0.00%             | 2047-12-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     850000 | PA      | $1110712.00    | 0.01%             | 2035-10-12      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    1000000 | PA      | $886170.00     | 0.00%             | 2033-01-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AG8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     915000 | PA      | $897697.35     | 0.00%             | 2028-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GFD1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    4070000 | PA      | $4568168.00    | 0.02%             | 2037-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                                          | DCP Midstream Operating LP                                                       | CUSIP: 23311VAF4<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     425000 | PA      | $424307.25     | 0.00%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CNA Financial Corp                                                               | CNA Financial Corp                                                               | CUSIP: 126117AV2<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |     475000 | PA      | $447046.25     | 0.00%             | 2029-05-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| OOREDOO INTL FINANCE                                                             | Ooredoo International Finance Ltd                                                | CUSIP: 000000000<br>LEI: 549300BHXCDJ03WU7N77 | Long             | DBT              | CORP              | BM        |     800000 | PA      | $782520.00     | 0.00%             | 2026-06-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                      | CUSIP: 38122NZX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     500000 | PA      | $410011.00     | 0.00%             | 2038-06-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448DD7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     335000 | PA      | $336802.30     | 0.00%             | 2046-04-14      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE LONDON                                                           | Credit Agricole SA/London                                                        | CUSIP: 22534PAA1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     250000 | PA      | $237767.50     | 0.00%             | 2025-01-22      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| US ACUTE CARE SOLUTIONS                                                          | US Acute Care Solutions LLC                                                      | CUSIP: 90367UAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     500000 | PA      | $452820.00     | 0.00%             | 2026-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHENIERE CORP CHRISTI HD                                                         | Cheniere Corpus Christi Holdings LLC                                             | CUSIP: 16412XAC9<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |    1057000 | PA      | $1067802.54    | 0.01%             | 2025-03-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGXT9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2879115 | PA      | $2624939.25    | 0.01%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2Q5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2100000 | PA      | $1640877.00    | 0.01%             | 2041-04-30      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| MONGOLIA INTL BOND                                                               | Mongolia Government International Bond                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |     600000 | PA      | $495702.00     | 0.00%             | 2031-07-07      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                                              | NCL Corp Ltd                                                                     | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    1005000 | PA      | $869294.85     | 0.00%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $458550.00     | 0.00%             | 2025-05-27      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CLOVERIE PLC ZURICH INS                                                          | Cloverie PLC for Zurich Insurance Co Ltd                                         | CUSIP: 000000000<br>LEI: 5493002N598MXOKUEF55 | Long             | DBT              | CORP              | IE        |     400000 | PA      | $398752.00     | 0.00%             | 2046-06-24      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                                                          | Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC                       | CUSIP: 91327BAB6<br>LEI: N/A                  | Long             | DBT              |  | US        |     335000 | PA      | $274636.35     | 0.00%             | 2028-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05964HAM7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     675000 | PA      | $566939.25     | 0.00%             | 2031-03-25      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LBF2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     462000 | PA      | $445890.06     | 0.00%             | 2031-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                                                          | Wisconsin Power and Light Co                                                     | CUSIP: 976826BL0<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |     120000 | PA      | $113018.40     | 0.00%             | 2027-10-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CD5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     954000 | PA      | $872022.78     | 0.00%             | 2029-03-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| KSA Sukuk Ltd                                                                    | KSA Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 635400XBJFPNCGN9CK71 | Long             | DBT              | NUSS              | KY        |    3374000 | PA      | $3293698.80    | 0.02%             | 2027-04-20      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PECO Energy Co                                                                   | PECO Energy Co                                                                   | CUSIP: 693304AW7<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     365000 | PA      | $319506.40     | 0.00%             | 2048-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179R4F3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     258014 | PA      | $254748.31     | 0.00%             | 2046-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAR0<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     629000 | PA      | $474630.82     | 0.00%             | 2051-06-08      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                                                    | FirstCash Inc                                                                    | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     340000 | PA      | $312123.40     | 0.00%             | 2030-01-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 96950FAM6<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     664000 | PA      | $658435.68     | 0.00%             | 2024-03-04      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC                                      | BBCMS Trust 2021-C10                                                             | CUSIP: 05551VBJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4650000 | PA      | $3971813.12    | 0.02%             | 2054-07-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| EnLink Midstream LLC                                                             | EnLink Midstream LLC                                                             | CUSIP: 29336TAA8<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |     335000 | PA      | $322996.95     | 0.00%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828W48<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    9500000 | PA      | $9237265.63    | 0.04%             | 2024-02-29      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FKCB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      12953 | PA      | $12373.62      | 0.00%             | 2046-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                     | CUSIP: 174610AS4<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     560000 | PA      | $475820.80     | 0.00%             | 2030-02-06      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LIFE STORAGE LP                                                                  | Life Storage LP                                                                  | CUSIP: 53227JAD6<br>LEI: X0MIGH67XZCB7HL1A534 | Long             | DBT              |  | US        |     190000 | PA      | $152188.10     | 0.00%             | 2031-10-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| WP Carey Inc                                                                     | WP Carey Inc                                                                     | CUSIP: 92936UAC3<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     116000 | PA      | $114486.20     | 0.00%             | 2025-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLOBE TELECOM INC                                                                | Globe Telecom Inc                                                                | CUSIP: 000000000<br>LEI: 254900GPWI1816YIM923 | Long             | DBT              | CORP              | PH        |     400000 | PA      | $370208.00     | 0.00%             | 2026-08-02      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828YE4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    6950000 | PA      | $6612001.97    | 0.03%             | 2024-08-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN EQUITY INVESTME                                                         | American Equity Investment Life Holding Co                                       | CUSIP: 025676AM9<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |     386000 | PA      | $383336.60     | 0.00%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LATAM AIRLINES GROUP SA                                                          | Latam Airlines Group SA                                                          | CUSIP: 000000000<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |     500000 | PA      | $538015.00     | 0.00%             | 2029-10-15      | Fixed         | 13.38%                | No            |                  2 | On Loan: No      |
| RIYAD TIER 1 SUKUK                                                               | Riyad Tier 1 Sukuk Ltd                                                           | CUSIP: 000000000<br>LEI: 5493000887R2TI3PUB86 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $553692.00     | 0.00%             | 2027-02-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                        | CUSIP: 26885BAC4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     660000 | PA      | $608889.60     | 0.00%             | 2028-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                                                               | Regency Centers LP                                                               | CUSIP: 75884RAZ6<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     245000 | PA      | $212694.30     | 0.00%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FPVS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       5819 | PA      | $5559.10       | 0.00%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BM5<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     520000 | PA      | $384488.00     | 0.00%             | 2051-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: —       |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAN8<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     335000 | PA      | $317586.70     | 0.00%             | 2044-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SBE2<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    1412000 | PA      | $1360970.32    | 0.01%             | 2039-02-14      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TXX8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     131506 | PA      | $134316.86     | 0.00%             | 2048-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                            | CUSIP: 893574AB9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     378000 | PA      | $382033.26     | 0.00%             | 2041-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                                                         | MassMutual Global Funding II                                                     | CUSIP: 57629WDB3<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |     948000 | PA      | $900789.60     | 0.00%             | 2024-04-12      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                                                                | Republic of Kenya Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     800000 | PA      | $617592.00     | 0.00%             | 2034-01-23      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| TURKIYE VAKIFLAR BANKASI                                                         | Turkiye Vakiflar Bankasi TAO                                                     | CUSIP: 000000000<br>LEI: 789000KAIHOLSQKQ9858 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $401992.00     | 0.00%             | 2024-03-28      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                                         | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAT4<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     275000 | PA      | $246180.00     | 0.00%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CNOOC PETROLEUM NORTH                                                            | CNOOC Petroleum North America ULC                                                | CUSIP: 65334HAA0<br>LEI: 549300I04PB7X2824122 | Long             | DBT              | CORP              | CA        |    1010000 | PA      | $1226119.80    | 0.01%             | 2032-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Unum Group                                                                       | Unum Group                                                                       | CUSIP: 91529YAJ5<br>LEI: 549300E32YFDO6TZ8R31 | Long             | DBT              | CORP              | US        |     430000 | PA      | $423975.70     | 0.00%             | 2042-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                                                               | Macquarie Bank Ltd                                                               | CUSIP: 556079AF8<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |     400000 | PA      | $414892.00     | 0.00%             | 2033-01-18      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP                                                          | Korea National Oil Corp                                                          | CUSIP: 50066RAM8<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | NUSS              | KR        |     600000 | PA      | $538176.00     | 0.00%             | 2025-10-05      | Fixed         | 0.88%                 | No            |                  2 | On Loan: —       |
| Bath & Body Works Inc                                                            | Bath & Body Works Inc                                                            | CUSIP: 501797AQ7<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     220000 | PA      | $220959.20     | 0.00%             | 2027-01-15      | Fixed         | 6.69%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                                         | Take-Two Interactive Software Inc                                                | CUSIP: 874054AG4<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |     410000 | PA      | $393210.50     | 0.00%             | 2027-04-14      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                                                      | Workday Inc                                                                      | CUSIP: 98138HAJ0<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |     400000 | PA      | $365816.00     | 0.00%             | 2032-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Willis North America Inc                                                         | Willis North America Inc                                                         | CUSIP: 970648AG6<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     644000 | PA      | $627062.80     | 0.00%             | 2028-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBE4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     175000 | PA      | $161974.75     | 0.00%             | 2029-06-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A3A7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    1475000 | PA      | $1370348.75    | 0.01%             | 2024-08-19      | Fixed         | 0.91%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF UZBEKISTAN                                                           | Republic of Uzbekistan International Bond                                        | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     200000 | PA      | $187828.00     | 0.00%             | 2029-02-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HYSAN MTN LTD                                                                    | Hysan MTN Ltd                                                                    | CUSIP: 000000000<br>LEI: 2549006HEQ2V3JUMNQ45 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $356612.00     | 0.00%             | 2029-09-04      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| VULCAN MATERIALS CO                                                              | Vulcan Materials Co                                                              | CUSIP: 929160AZ2<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |     725000 | PA      | $662483.25     | 0.00%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     900000 | PA      | $817110.00     | 0.00%             | 2027-02-27      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TJH9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     895000 | PA      | $845300.65     | 0.00%             | 2024-06-18      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                                                                 | Puget Energy Inc                                                                 | CUSIP: 745310AM4<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |     455000 | PA      | $401164.40     | 0.00%             | 2028-06-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                     | CUSIP: 785592AJ5<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |     534000 | PA      | $537193.32     | 0.00%             | 2024-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Corp                                                            | Freedom Mortgage Corp                                                            | CUSIP: 35640YAB3<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |     370000 | PA      | $352772.80     | 0.00%             | 2025-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61761JVL0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    3523000 | PA      | $3463249.92    | 0.02%             | 2024-10-23      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                                         | African Development Bank                                                         | CUSIP: 00828EEN5<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |     305000 | PA      | $300013.25     | 0.00%             | 2025-07-07      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CNOOC FINANCE 2015 AU                                                            | CNOOC Finance 2015 Australia Pty Ltd                                             | CUSIP: 12634GAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |     220000 | PA      | $187563.20     | 0.00%             | 2045-05-05      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571903BF9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     796000 | PA      | $702605.32     | 0.00%             | 2032-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Newcrest Finance Pty Ltd                                                         | Newcrest Finance Pty Ltd                                                         | CUSIP: 65120FAB0<br>LEI: 549300I0XDZ4K7PDSS04 | Long             | DBT              | CORP              | AU        |     450000 | PA      | $427540.50     | 0.00%             | 2041-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HUNTSMAN INTERNATIONAL L                                                         | Huntsman International LLC                                                       | CUSIP: 44701QBF8<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |     558000 | PA      | $460790.82     | 0.00%             | 2031-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                                                             | Kyndryl Holdings Inc                                                             | CUSIP: 50155QAL4<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |     360000 | PA      | $262962.00     | 0.00%             | 2031-10-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                                                                 | ArcelorMittal SA                                                                 | CUSIP: 03938LBF0<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $420632.00     | 0.00%             | 2032-11-29      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                                                            | Republic Services Inc                                                            | CUSIP: 760759AS9<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     643000 | PA      | $613666.34     | 0.00%             | 2027-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2016-1 AA PTT                                                         | United Airlines 2016-1 Class AA Pass Through Trust                               | CUSIP: 90931LAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     344247 | PA      | $311808.26     | 0.00%             | 2028-07-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVQ9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     185000 | PA      | $174863.85     | 0.00%             | 2024-06-07      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| THAIOIL TRSRY CENTER                                                             | Thaioil Treasury Center Co Ltd                                                   | CUSIP: 88323AAE2<br>LEI: 549300NH03B9E8VGJR89 | Long             | DBT              | CORP              | TH        |     200000 | PA      | $129836.00     | 0.00%             | 2049-10-17      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HRV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1809000 | PA      | $1723054.41    | 0.01%             | 2026-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 00946AAG9<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |     400000 | PA      | $407088.00     | 0.00%             | 2028-01-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BU2<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     375000 | PA      | $380973.75     | 0.00%             | 2025-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                                                             | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAA0<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     345000 | PA      | $339355.80     | 0.00%             | 2027-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                                                             | Michaels Cos Inc/The                                                             | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |     605000 | PA      | $507165.45     | 0.00%             | 2028-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     800000 | PA      | $734352.00     | 0.00%             | 2032-03-28      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TAMPA ELECTRIC CO                                                                | Tampa Electric Co                                                                | CUSIP: 875127BJ0<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |     430000 | PA      | $325006.90     | 0.00%             | 2051-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Allina Health System                                                             | Allina Health System                                                             | CUSIP: 01959LAC6<br>LEI: 5493001V00JCD7SQ0G44 | Long             | DBT              | CORP              | US        |     491000 | PA      | $417202.70     | 0.00%             | 2049-04-15      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                                                         | BroadStreet Partners Inc                                                         | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |     470000 | PA      | $414906.60     | 0.00%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133B3L54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   12651818 | PA      | $10662512.10   | 0.05%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE                             | CUSIP: 913366KD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     100000 | PA      | $69304.70      | 0.00%             | 2120-05-15      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200HF1<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     825000 | PA      | $719127.75     | 0.00%             | 2042-06-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PBB3<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     581000 | PA      | $575486.31     | 0.00%             | 2025-11-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918AR5<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     118000 | PA      | $105084.90     | 0.00%             | 2042-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | Bausch Health Cos Inc                                                            | CUSIP: 071734AR8<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     447000 | PA      | $287555.10     | 0.00%             | 2030-10-15      | Fixed         | 14.00%                | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBU8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     790000 | PA      | $755026.70     | 0.00%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264AAX3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1703000 | PA      | $1543497.02    | 0.01%             | 2040-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY SOUTHERN                                                             | Kansas City Southern/Old                                                         | CUSIP: 485170AS3<br>LEI: 5493008C12PZMWP3WY03 | Long             | DBT              | CORP              | US        |     505000 | PA      | $482249.75     | 0.00%             | 2045-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EY0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     901000 | PA      | $886782.22     | 0.00%             | 2028-09-10      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                       | CUSIP: 609207BB0<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4437.35       | 0.00%             | 2032-03-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                                                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AU0<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     640000 | PA      | $558067.20     | 0.00%             | 2047-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RALPH LAUREN CORP                                                                | Ralph Lauren Corp                                                                | CUSIP: 731572AB9<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | DBT              | CORP              | US        |     212000 | PA      | $190024.08     | 0.00%             | 2030-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| TEINE ENERGY LTD                                                                 | Teine Energy Ltd                                                                 | CUSIP: 879068AB0<br>LEI: 5493002EE80G6ER7SM91 | Long             | DBT              | CORP              | CA        |     355000 | PA      | $330714.45     | 0.00%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523CB4<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     803000 | PA      | $768735.99     | 0.00%             | 2027-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGZ83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2279948 | PA      | $2011176.59    | 0.01%             | 2051-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                     | CUSIP: 785592AV8<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |     809000 | PA      | $827526.10     | 0.00%             | 2026-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                | CUSIP: 3622A2ZU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      43416 | PA      | $42854.22      | 0.00%             | 2046-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAGICOR FINANCIAL CO                                                             | Sagicor Financial Co Ltd                                                         | CUSIP: 78669QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     465000 | PA      | $452486.85     | 0.00%             | 2028-05-13      | Fixed         | 5.30%                 | No            |                  2 | On Loan: —       |
| EOG RESOURCES INC                                                                | EOG Resources Inc                                                                | CUSIP: 26875PAU5<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |     594000 | PA      | $592663.50     | 0.00%             | 2030-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DM9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    2195000 | PA      | $1902867.45    | 0.01%             | 2027-08-21      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| KLABIN AUSTRIA GMBH                                                              | Klabin Austria GmbH                                                              | CUSIP: 000000000<br>LEI: 984500578YEA8DD41B09 | Long             | DBT              | CORP              | AT        |     600000 | PA      | $490614.00     | 0.00%             | 2031-01-12      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC                                                              | Block Financial LLC                                                              | CUSIP: 093662AH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     280000 | PA      | $252000.00     | 0.00%             | 2030-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BAIDU INC                                                                        | Baidu Inc                                                                        | CUSIP: 056752AR9<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |     802000 | PA      | $730766.36     | 0.00%             | 2030-04-07      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     400000 | PA      | $134020.00     | 0.00%             | 2025-04-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TRINSEO OP / TRINSEO FIN                                                         | Trinseo Materials Operating SCA / Trinseo Materials Finance Inc                  | CUSIP: 89668QAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     340000 | PA      | $245537.80     | 0.00%             | 2029-04-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 26444HAN1<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     215000 | PA      | $244229.25     | 0.00%             | 2052-11-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 45905CAA2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    1998000 | PA      | $2163094.74    | 0.01%             | 2035-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REC LIMITED                                                                      | REC Ltd                                                                          | CUSIP: 000000000<br>LEI: 335800B4YRYWAMIJZ374 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $187702.00     | 0.00%             | 2027-07-07      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BXQY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3000000 | PA      | $2903055.51    | 0.01%             | 2027-03-25      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RBD0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     546000 | PA      | $535604.16     | 0.00%             | 2025-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KAT7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     878000 | PA      | $842844.88     | 0.00%             | 2027-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CH8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1750000 | PA      | $1288577.50    | 0.01%             | 2045-05-05      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd                                                              | Macquarie Group Ltd                                                              | CUSIP: 55608JAN8<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     998000 | PA      | $965624.88     | 0.00%             | 2029-03-27      | Fixed         | 4.65%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF POLAND                                                               | Republic of Poland Government International Bond                                 | CUSIP: 857524AD4<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    1000000 | PA      | $1038840.00    | 0.00%             | 2027-11-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                                                          | Aethon United BR LP / Aethon United Finance Corp                                 | CUSIP: 00810GAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     545000 | PA      | $542356.75     | 0.00%             | 2026-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967EW7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1192000 | PA      | $1578970.88    | 0.01%             | 2039-07-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                                                         | National Retail Properties Inc                                                   | CUSIP: 637417AQ9<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |     120000 | PA      | $87409.20      | 0.00%             | 2051-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TLS2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     931034 | PA      | $895633.12     | 0.00%             | 2047-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LENOVO GROUP LTD                                                                 | Lenovo Group Ltd                                                                 | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | DBT              | CORP              | HK        |    1400000 | PA      | $1402100.00    | 0.01%             | 2025-04-24      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                                                 | MGM Resorts International                                                        | CUSIP: 552953CE9<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     464000 | PA      | $457912.32     | 0.00%             | 2025-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                                                         | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |     371000 | PA      | $368547.69     | 0.00%             | 2030-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| KOREA EAST-WEST POWER CO                                                         | Korea East-West Power Co Ltd                                                     | CUSIP: 000000000<br>LEI: 549300VDRGYGX9NBTB52 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $193714.00     | 0.00%             | 2025-05-06      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SHUI ON DEVELOPMENT HLDG                                                         | Shui On Development Holding Ltd                                                  | CUSIP: 000000000<br>LEI: 3003005J4J3G9CZFDK52 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $370632.00     | 0.00%             | 2024-08-24      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 202712BS3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     560000 | PA      | $482742.40     | 0.00%             | 2032-03-14      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2020-B22 Mortgage Trust                                                | CUSIP: 08163BBA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5000000 | PA      | $4100960.65    | 0.02%             | 2054-01-15      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                                                         | Petrobras Global Finance BV                                                      | CUSIP: 71647NAS8<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    1200000 | PA      | $1256604.00    | 0.01%             | 2027-01-17      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CNOOC Finance 2013 Ltd                                                           | CNOOC Finance 2013 Ltd                                                           | CUSIP: 12625GAD6<br>LEI: 5493006KAH3PSSMCES09 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $346368.00     | 0.00%             | 2043-05-09      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QCWN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     598978 | PA      | $551048.70     | 0.00%             | 2050-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KSA SUKUK LTD                                                                    | KSA Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 635400XBJFPNCGN9CK71 | Long             | DBT              | CORP              | KY        |    1800000 | PA      | $1895112.00    | 0.01%             | 2028-10-25      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                                                                | Newell Brands Inc                                                                | CUSIP: 651229AX4<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     275000 | PA      | $244876.50     | 0.00%             | 2036-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                          | UDR Inc                                                                          | CUSIP: 90265EAQ3<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     525000 | PA      | $476505.75     | 0.00%             | 2030-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RBK4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     440000 | PA      | $426474.40     | 0.00%             | 2027-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FMR LLC                                                                          | FMR LLC                                                                          | CUSIP: 30251BAE8<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | DBT              | CORP              | US        |     403000 | PA      | $376144.08     | 0.00%             | 2043-02-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CES6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   22410000 | PA      | $21350777.46   | 0.10%             | 2029-05-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582CE0<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     822000 | PA      | $628172.40     | 0.00%             | 2049-11-07      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VAR5<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |    1168000 | PA      | $707083.84     | 0.00%             | 2060-08-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ER6H8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     145072 | PA      | $140268.38     | 0.00%             | 2032-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JB Poindexter & Co Inc                                                           | JB Poindexter & Co Inc                                                           | CUSIP: 730481AJ7<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |     330000 | PA      | $325848.60     | 0.00%             | 2026-04-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYN8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1885000 | PA      | $1565322.85    | 0.01%             | 2032-10-21      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust                                                     | CD 2017-CD5 Mortgage Trust                                                       | CUSIP: 12515HAZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1280000 | PA      | $1204823.18    | 0.01%             | 2050-08-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications Inc                                                         | iHeartCommunications Inc                                                         | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    1012000 | PA      | $907247.88     | 0.00%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 084659AF8<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     748000 | PA      | $697607.24     | 0.00%             | 2045-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                                                        | Jabil Inc                                                                        | CUSIP: 466313AM5<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     435000 | PA      | $422559.00     | 0.00%             | 2027-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167AW3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     300000 | PA      | $327873.00     | 0.00%             | 2028-06-16      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| SBL HOLDINGS INC                                                                 | SBL Holdings Inc                                                                 | CUSIP: 78397DAB4<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |     723000 | PA      | $601846.89     | 0.00%             | 2031-02-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFQ2<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    1215000 | PA      | $1147628.25    | 0.01%             | 2030-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     655000 | PA      | $720716.15     | 0.00%             | 2040-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225401AQ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    2214000 | PA      | $1945951.02    | 0.01%             | 2026-06-05      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| STAR ENERGY CO ISSUE                                                             | Star Energy Geothermal Darajat II / Star Energy Geothermal Salak                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     600000 | PA      | $522402.00     | 0.00%             | 2038-10-14      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY SOUTHERN                                                             | Kansas City Southern/Old                                                         | CUSIP: 485170BE3<br>LEI: 5493008C12PZMWP3WY03 | Long             | DBT              | CORP              | US        |     365000 | PA      | $286926.50     | 0.00%             | 2050-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CENTRICA PLC                                                                     | Centrica PLC                                                                     | CUSIP: 15639KAB8<br>LEI: E26EDV109X6EEPBKVH76 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $376588.00     | 0.00%             | 2043-10-16      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                                                             | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |      20000 | PA      | $19736.20      | 0.00%             | 2026-02-12      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                                             | Colombia Government International Bond                                           | CUSIP: 195325BR5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1625000 | PA      | $1241841.25    | 0.01%             | 2044-02-26      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                                                   | CUSIP: 91412GC86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     500000 | PA      | $462123.00     | 0.00%             | 2115-05-15      | Fixed         | 4.77%                 | No            |                  2 | On Loan: —       |
| AutoNation Inc                                                                   | AutoNation Inc                                                                   | CUSIP: 05329WAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     420000 | PA      | $394644.60     | 0.00%             | 2027-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                                                   | CVR Energy Inc                                                                   | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |     300000 | PA      | $274557.00     | 0.00%             | 2028-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAX9<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     965000 | PA      | $707634.50     | 0.00%             | 2041-04-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| BIG RIVER STEEL/BRS FIN                                                          | Big River Steel LLC / BRS Finance Corp                                           | CUSIP: 08949LAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     433000 | PA      | $426803.77     | 0.00%             | 2029-01-31      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                      | Cargill Inc                                                                      | CUSIP: 141781BN3<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |    1056000 | PA      | $946894.08     | 0.00%             | 2026-02-02      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233851EA8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     915000 | PA      | $797477.40     | 0.00%             | 2030-03-10      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | Stryker Corp                                                                     | CUSIP: 863667AY7<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     902000 | PA      | $761576.64     | 0.00%             | 2030-06-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| RELX CAPITAL INC                                                                 | RELX Capital Inc                                                                 | CUSIP: 74949LAE2<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |      80000 | PA      | $79671.20      | 0.00%             | 2032-05-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DXC TECHNOLOGY CO                                                                | DXC Technology Co                                                                | CUSIP: 23355LAL0<br>LEI: 549300DOVZ3EDJB7O259 | Long             | DBT              | CORP              | US        |     360000 | PA      | $318096.00     | 0.00%             | 2026-09-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X4GD2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     222314 | PA      | $236459.12     | 0.00%             | 2049-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAS PENOLES SAB D                                                         | Industrias Penoles SAB de CV                                                     | CUSIP: 000000000<br>LEI: 549300WA2HB7776CB324 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $195084.00     | 0.00%             | 2049-09-12      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINA                                                         | Embraer Netherlands Finance BV                                                   | CUSIP: 29082HAB8<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |     525000 | PA      | $514563.00     | 0.00%             | 2027-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                                                          | Imperial Brands Finance PLC                                                      | CUSIP: 45262BAB9<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    1565000 | PA      | $1462883.75    | 0.01%             | 2026-07-26      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                                          | Hungary Government International Bond                                            | CUSIP: 445545AR7<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    1000000 | PA      | $1037500.00    | 0.00%             | 2028-05-22      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JAA5<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     240000 | PA      | $243360.00     | 0.00%             | 2024-11-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140JAFC7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     358070 | PA      | $354179.87     | 0.00%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bausch Health Cos Inc                                                            | Bausch Health Cos Inc                                                            | CUSIP: 91911KAP7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     255000 | PA      | $201128.70     | 0.00%             | 2025-12-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFA7<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     821000 | PA      | $812609.38     | 0.00%             | 2045-12-09      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ATHABASCA OIL CORP                                                               | Athabasca Oil Corp                                                               | CUSIP: 04682RAE7<br>LEI: 549300STK2KBVO6WED71 | Long             | DBT              | CORP              | CA        |     234000 | PA      | $245910.60     | 0.00%             | 2026-11-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                                                  | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $562704.00     | 0.00%             | 2030-09-17      | Fixed         | 5.20%                 | No            |                  2 | On Loan: —       |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2F0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     600000 | PA      | $582384.00     | 0.00%             | 2028-08-14      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AERCAP GLOBAL AVIATION T                                                         | AerCap Global Aviation Trust                                                     | CUSIP: 00773HAA5<br>LEI: 635400FBSV8LXXNRV758 | Long             | DBT              | CORP              | US        |     305738 | PA      | $298892.53     | 0.00%             | 2045-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                | CUSIP: 30040WAN8<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     405000 | PA      | $362847.60     | 0.00%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| KOREA ELECTRIC POWER CO                                                          | Korea Electric Power Corp                                                        | CUSIP: 000000000<br>LEI: 988400QG33WS7JEIV602 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $349332.00     | 0.00%             | 2026-09-24      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SB71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     596239 | PA      | $557402.73     | 0.00%             | 2046-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAY4<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     822000 | PA      | $736396.92     | 0.00%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BOSTON SCIENTIFIC CORP                                                           | Boston Scientific Corp                                                           | CUSIP: 101137BA4<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |    1325000 | PA      | $1176096.50    | 0.01%             | 2030-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co LLC                                                          | AEP Transmission Co LLC                                                          | CUSIP: 00115AAF6<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |      60000 | PA      | $50929.20      | 0.00%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                        | CUSIP: 95709TAJ9<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |     174000 | PA      | $153682.02     | 0.00%             | 2043-04-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CP4<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     275000 | PA      | $267102.00     | 0.00%             | 2028-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                                                         | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     350000 | PA      | $308140.00     | 0.00%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAG7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     495000 | PA      | $445539.60     | 0.00%             | 2027-01-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348AX4<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    1129000 | PA      | $1017466.09    | 0.00%             | 2047-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BL3<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     700000 | PA      | $662102.00     | 0.00%             | 2040-03-25      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| MARS INC                                                                         | Mars Inc                                                                         | CUSIP: 571676AL9<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     390000 | PA      | $307195.20     | 0.00%             | 2032-07-16      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                                                               | RGA Global Funding                                                               | CUSIP: 76209PAA1<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |     635000 | PA      | $575500.50     | 0.00%             | 2026-11-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                          | CUSIP: 6461366S5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     845000 | PA      | $727206.16     | 0.00%             | 2042-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PHYSICIANS REALTY LP                                                             | Physicians Realty LP                                                             | CUSIP: 71951QAC6<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              |  | US        |     525000 | PA      | $438238.50     | 0.00%             | 2031-11-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RBH0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     635000 | PA      | $627932.45     | 0.00%             | 2024-04-10      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                             | CUSIP: 92939UAL0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |     750000 | PA      | $754042.50     | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HJB7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     630000 | PA      | $502588.80     | 0.00%             | 2036-11-03      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSUR & ANNUITY                                                         | Teachers Insurance & Annuity Association of America                              | CUSIP: 878091BE6<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |    1110000 | PA      | $1077255.00    | 0.01%             | 2054-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN TRANSMISSION SY                                                         | American Transmission Systems Inc                                                | CUSIP: 030288AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      30000 | PA      | $25622.10      | 0.00%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                            | CUSIP: 760759AZ3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     765000 | PA      | $616444.65     | 0.00%             | 2032-02-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                    | DISH DBS Corp                                                                    | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1750000 | PA      | $1435297.50    | 0.01%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162DJ6<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     720000 | PA      | $690912.00     | 0.00%             | 2033-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ILLUMINATE BUYER/HLDG                                                            | Illuminate Buyer LLC / Illuminate Holdings IV Inc                                | CUSIP: 45232TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     304000 | PA      | $272125.60     | 0.00%             | 2028-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109CD1<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |    1125000 | PA      | $945517.50     | 0.00%             | 2052-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                      | CUSIP: 30161NAY7<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     685000 | PA      | $647133.20     | 0.00%             | 2050-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286T2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   37500000 | PA      | $34951171.88   | 0.17%             | 2029-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DX3<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     963000 | PA      | $839206.35     | 0.00%             | 2028-07-20      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Valmont Industries Inc                                                           | Valmont Industries Inc                                                           | CUSIP: 920253AE1<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | DBT              | CORP              | US        |     130000 | PA      | $120190.20     | 0.00%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp                                                           | Regions Financial Corp                                                           | CUSIP: 7591EPAE0<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |     410000 | PA      | $479134.20     | 0.00%             | 2037-12-10      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| KWG GROUP HOLDINGS                                                               | KWG Group Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 549300LK82ZOM9ZE7H90 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $98490.00      | 0.00%             | 2024-08-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0EB0<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     270000 | PA      | $247139.10     | 0.00%             | 2027-01-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Wynn Macau Ltd                                                                   | Wynn Macau Ltd                                                                   | CUSIP: 98313RAD8<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |     650000 | PA      | $581704.50     | 0.00%             | 2027-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BD5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     544000 | PA      | $535361.28     | 0.00%             | 2024-03-07      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AV7<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    1252000 | PA      | $1235511.16    | 0.01%             | 2024-01-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780DP8<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     375000 | PA      | $386921.25     | 0.00%             | 2052-09-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385AL5<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     740000 | PA      | $792362.40     | 0.00%             | 2038-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Barrick Gold Corp                                                                | Barrick Gold Corp                                                                | CUSIP: 725906AN1<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | DBT              | CORP              | CA        |      85000 | PA      | $94246.30      | 0.00%             | 2035-10-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| CASCADES INC/USA INC                                                             | Cascades Inc/Cascades USA Inc                                                    | CUSIP: 14739LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     155000 | PA      | $144680.10     | 0.00%             | 2026-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAW4<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $390882.00     | 0.00%             | 2060-06-03      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                              | CUSIP: 025816CM9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     750000 | PA      | $678150.00     | 0.00%             | 2026-11-04      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| GRUPO AVAL LTD                                                                   | Grupo Aval Ltd                                                                   | CUSIP: 000000000<br>LEI: 549300J4FW1ELLQ80113 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $495450.00     | 0.00%             | 2030-02-04      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                                         | Permian Resources Operating LLC                                                  | CUSIP: 19416MAA7<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     210000 | PA      | $210050.40     | 0.00%             | 2026-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| UNITED OVERSEAS BANK LTD                                                         | United Overseas Bank Ltd                                                         | CUSIP: 91127KAE2<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |     131000 | PA      | $115955.96     | 0.00%             | 2031-10-14      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YAR0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    1674000 | PA      | $1639080.36    | 0.01%             | 2035-05-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967NF4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     270000 | PA      | $202213.80     | 0.00%             | 2042-11-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CNA Financial Corp                                                               | CNA Financial Corp                                                               | CUSIP: 126117AS9<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |     409000 | PA      | $403519.40     | 0.00%             | 2024-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CS6<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     930000 | PA      | $637728.90     | 0.00%             | 2051-06-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| KB HOME                                                                          | KB Home                                                                          | CUSIP: 48666KAZ2<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |     230000 | PA      | $193255.20     | 0.00%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJY87<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     275817 | PA      | $271097.02     | 0.00%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                    | UniCredit SpA                                                                    | CUSIP: 904678AB5<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |     675000 | PA      | $650328.75     | 0.00%             | 2027-04-12      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| CHINALCO CAPITAL HOLDING                                                         | Chinalco Capital Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 5493003PX4GYVUD3CQ19 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $914030.00     | 0.00%             | 2026-06-03      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Textron Inc                                                                      | Textron Inc                                                                      | CUSIP: 883203BY6<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |     340000 | PA      | $318518.80     | 0.00%             | 2028-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833DG2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1058000 | PA      | $930098.38     | 0.00%             | 2047-11-13      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Brown-Forman Corp                                                                | Brown-Forman Corp                                                                | CUSIP: 115637AS9<br>LEI: 549300873K3LXF7ARU34 | Long             | DBT              | CORP              | US        |      35000 | PA      | $34338.85      | 0.00%             | 2025-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BH2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    1341000 | PA      | $1179422.91    | 0.01%             | 2029-11-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132M9GQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      10883 | PA      | $10518.21      | 0.00%             | 2044-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     800000 | PA      | $676192.00     | 0.00%             | 2032-03-27      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                                                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AT3<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     484000 | PA      | $461319.76     | 0.00%             | 2027-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607GAP9<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |     888000 | PA      | $870612.96     | 0.00%             | 2024-04-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                          | CUSIP: 03836WAC7<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |     375000 | PA      | $324228.75     | 0.00%             | 2049-05-01      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WDY4<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     200000 | PA      | $188544.00     | 0.00%             | 2024-08-09      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| CGNPC INTERNATIONAL LTD                                                          | CGNPC International Ltd                                                          | CUSIP: 000000000<br>LEI: 3003007JIKH4XTQVZT05 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $388460.00     | 0.00%             | 2024-07-02      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | State of Israel                                                                  | CUSIP: 000000000<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    3000000 | PA      | $2383500.00    | 0.01%             | 2060-05-13      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   37300000 | PA      | $33648679.87   | 0.16%             | 2026-09-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                                           | Fairfax Financial Holdings Ltd                                                   | CUSIP: 303901BF8<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |     296000 | PA      | $278947.44     | 0.00%             | 2030-04-29      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | Las Vegas Sands Corp                                                             | CUSIP: 517834AE7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     838000 | PA      | $779390.28     | 0.00%             | 2026-08-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $555504.00     | 0.00%             | 2029-08-08      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| VOTORANTIM CIMENTOS INTL                                                         | Votorantim Cimentos International SA                                             | CUSIP: 000000000<br>LEI: 5493009RIHSE12DQ0J28 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $434388.00     | 0.00%             | 2041-04-05      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                                               | Credit Agricole SA                                                               | CUSIP: 225313AF2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     670000 | PA      | $656198.00     | 0.00%             | 2025-03-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CSI COMPRESSCO LP/FINANC                                                         | CSI Compressco LP / CSI Compressco Finance Inc                                   | CUSIP: 12652HAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     205000 | PA      | $194690.55     | 0.00%             | 2025-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2L7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1375000 | PA      | $1281761.25    | 0.01%             | 2026-06-09      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| ATI INC                                                                          | ATI Inc                                                                          | CUSIP: 01741RAM4<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     230000 | PA      | $208833.10     | 0.00%             | 2031-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109CA7<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     705000 | PA      | $677956.20     | 0.00%             | 2025-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| LBJ INFRASTRUCTURE GROUP                                                         | LBJ Infrastructure Group LLC                                                     | CUSIP: 50203UAA1<br>LEI: 254900DEJSU2OQFZWQ97 | Long             | DBT              | CORP              | US        |     195000 | PA      | $134066.40     | 0.00%             | 2057-12-31      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                          | CUSIP: 02364WAJ4<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    1158000 | PA      | $1296438.90    | 0.01%             | 2035-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110BR4<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |     414000 | PA      | $384336.90     | 0.00%             | 2026-07-27      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818FB9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     569000 | PA      | $553016.79     | 0.00%             | 2029-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAB3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    1081000 | PA      | $1034798.06    | 0.00%             | 2028-02-07      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| IRIS HOLDING INC                                                                 | Iris Holding Inc                                                                 | CUSIP: 462914AA0<br>LEI: 54930013SPZ2NB3I3V40 | Long             | DBT              | CORP              | US        |     280000 | PA      | $219844.80     | 0.00%             | 2028-12-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| Duke Energy Corp                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CAP0<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     621000 | PA      | $583603.38     | 0.00%             | 2045-12-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Aon Corp                                                                         | Aon Corp                                                                         | CUSIP: 037389AK9<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |     585000 | PA      | $606691.80     | 0.00%             | 2027-01-01      | Fixed         | 8.21%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                      | CUSIP: 87612EBH8<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    1070000 | PA      | $1021293.60    | 0.00%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YAW1<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |     440000 | PA      | $315383.20     | 0.00%             | 2046-09-19      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Polar Tankers Inc                                                                | Polar Tankers Inc                                                                | CUSIP: 73102QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      39156 | PA      | $40812.57      | 0.00%             | 2037-05-10      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XD5G7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7651548 | PA      | $6707861.97    | 0.03%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225401AF5<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    1282000 | PA      | $1092969.10    | 0.01%             | 2029-01-12      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525BN2<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     888000 | PA      | $772311.36     | 0.00%             | 2028-05-20      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599DJ1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     490000 | PA      | $494454.10     | 0.00%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                                               | Seagate HDD Cayman                                                               | CUSIP: 81180WAR2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     369000 | PA      | $358000.11     | 0.00%             | 2027-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue                       | GREAT LAKES MI WTR AUTH SEWAGE DISPOSAL SYS REVENUE                              | CUSIP: 39081HCV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     100000 | PA      | $81818.20      | 0.00%             | 2039-07-01      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDU3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     700000 | PA      | $592571.00     | 0.00%             | 2049-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                                              | Medline Borrower LP                                                              | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    3115000 | PA      | $2665318.60    | 0.01%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TURKIYE IS BANKASI A.S                                                           | Turkiye Is Bankasi AS                                                            | CUSIP: 000000000<br>LEI: 789000FIRX9MDN0KTM91 | Long             | DBT              | CORP              | TR        |     600000 | PA      | $567366.00     | 0.00%             | 2030-01-22      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2010000 | PA      | $1643154.90    | 0.01%             | 2031-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     155000 | PA      | $157359.10     | 0.00%             | 2041-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                                                              | Ecuador Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     694114 | PA      | $298302.43     | 0.00%             | 2030-07-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAU8<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    1400000 | PA      | $1178730.00    | 0.01%             | 2030-06-03      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                                                   | Var Energi ASA                                                                   | CUSIP: 92212WAA8<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |     350000 | PA      | $337578.50     | 0.00%             | 2027-05-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV SOUTHERN CALIFORIA                                                          | University of Southern California                                                | CUSIP: 914886AD8<br>LEI: 0GMCSQ6M60R4T46U5511 | Long             | DBT              | CORP              | US        |     173000 | PA      | $112633.38     | 0.00%             | 2120-10-01      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                                               | Conagra Brands Inc                                                               | CUSIP: 205887CB6<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     801000 | PA      | $795473.10     | 0.00%             | 2025-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                        | CUSIP: 039483AU6<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |     150000 | PA      | $160791.00     | 0.00%             | 2035-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WAV0<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     315000 | PA      | $297571.05     | 0.00%             | 2045-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WABASH NATIONAL CORP                                                             | Wabash National Corp                                                             | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |     345000 | PA      | $303579.30     | 0.00%             | 2028-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05971KAM1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     405000 | PA      | $399366.45     | 0.00%             | 2024-05-24      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| TEMPUR SEALY INTL INC                                                            | Tempur Sealy International Inc                                                   | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |     560000 | PA      | $461977.60     | 0.00%             | 2031-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                             | Westpac Banking Corp                                                             | CUSIP: 961214CX9<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     944000 | PA      | $894723.20     | 0.00%             | 2026-05-13      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162DA5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    1045000 | PA      | $769632.05     | 0.00%             | 2041-08-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                                           | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BJ9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     385000 | PA      | $331469.60     | 0.00%             | 2031-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                    | CUSIP: 59259YBF5<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     100000 | PA      | $101630.90     | 0.00%             | 2039-11-15      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAN8<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     565000 | PA      | $471447.30     | 0.00%             | 2028-07-12      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CCCI TREASURE LTD                                                                | CCCI Treasure Ltd                                                                | CUSIP: 000000000<br>LEI: 222100QYJA4A1WYR6697 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $193298.00     | 0.00%             | 2024-11-21      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                                                         | National Australia Bank Ltd/New York                                             | CUSIP: 63253QAB0<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |     530000 | PA      | $542073.40     | 0.00%             | 2028-01-12      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                        | CUSIP: 031162CF5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    2337000 | PA      | $2141860.50    | 0.01%             | 2051-06-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCE9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1560000 | PA      | $1343144.40    | 0.01%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AssuredPartners Inc                                                              | AssuredPartners Inc                                                              | CUSIP: 04624VAA7<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |     321000 | PA      | $316762.80     | 0.00%             | 2025-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CM8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     660000 | PA      | $588277.80     | 0.00%             | 2032-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CLIFFORD CAPITAL PTE LTD                                                         | Clifford Capital Pte Ltd                                                         | CUSIP: 000000000<br>LEI: 549300H4QHGSBXBALF78 | Long             | DBT              | CORP              | SG        |     400000 | PA      | $362184.00     | 0.00%             | 2026-03-23      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140KQN31<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8525052 | PA      | $7228574.98    | 0.03%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HJL5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $997200.00     | 0.00%             | 2034-02-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                               | CUSIP: 207597EP6<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     400000 | PA      | $428388.00     | 0.00%             | 2053-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                               | CUSIP: 04686JAB7<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | BM        |     170000 | PA      | $174787.20     | 0.00%             | 2030-04-03      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| LINK FINANCE CAYMAN 2009                                                         | Link Finance Cayman 2009 Ltd/The                                                 | CUSIP: 000000000<br>LEI: 254900J10LHB6JOSNR19 | Long             | DBT              |  | KY        |     400000 | PA      | $342660.00     | 0.00%             | 2032-01-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Campbell Soup Co                                                                 | Campbell Soup Co                                                                 | CUSIP: 134429BH1<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     730000 | PA      | $697960.30     | 0.00%             | 2048-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| OOREDOO INTL FINANCE                                                             | Ooredoo International Finance Ltd                                                | CUSIP: 000000000<br>LEI: 549300BHXCDJ03WU7N77 | Long             | DBT              | CORP              | BM        |     600000 | PA      | $528444.00     | 0.00%             | 2031-04-08      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| MINMETALS BOUNTEOUS FIN                                                          | Minmetals Bounteous Finance BVI Ltd                                              | CUSIP: 000000000<br>LEI: 3003005FATJ63Y0MR949 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $198248.00     | 0.00%             | 2025-07-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GBC5<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    1077000 | PA      | $1038691.11    | 0.00%             | 2024-08-16      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp                                                            | General Dynamics Corp                                                            | CUSIP: 369550AT5<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     125000 | PA      | $109888.75     | 0.00%             | 2042-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BROADRIDGE FINANCIAL SOL                                                         | Broadridge Financial Solutions Inc                                               | CUSIP: 11133TAE3<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | DBT              | CORP              | US        |     610000 | PA      | $518353.60     | 0.00%             | 2031-05-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EAV7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1137000 | PA      | $1090610.40    | 0.01%             | 2047-01-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                                                            | Jackson Financial Inc                                                            | CUSIP: 46817MAS6<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |     205000 | PA      | $203419.45     | 0.00%             | 2032-06-08      | Fixed         | 5.67%                 | No            |                  2 | On Loan: —       |
| UNITED AIR 2019-2 B PTT                                                          | United Airlines 2019-2 Class B Pass Through Trust                                | CUSIP: 90932KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      96550 | PA      | $85756.82      | 0.00%             | 2028-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ABU DHABI NATIONAL ENERG                                                         | Abu Dhabi National Energy Co PJSC                                                | CUSIP: 000000000<br>LEI: 213800UNJSVQFNUYYW03 | Long             | DBT              | CORP              | AE        |     800000 | PA      | $795808.00     | 0.00%             | 2025-04-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WDS9<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |      50000 | PA      | $39719.00      | 0.00%             | 2030-08-07      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EBQ7<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     920000 | PA      | $878268.80     | 0.00%             | 2024-04-01      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                    | CUSIP: 059165EH9<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |     440000 | PA      | $349082.80     | 0.00%             | 2046-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XAH8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     933000 | PA      | $983951.13     | 0.00%             | 2039-07-08      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                         | CUSIP: 298785GJ9<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    3167000 | PA      | $3121078.50    | 0.01%             | 2024-01-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MEMORIAL                                                            | Northwestern Memorial Healthcare Obligated Group                                 | CUSIP: 668103AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       5000 | PA      | $3416.40       | 0.00%             | 2051-07-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                                                        | GATX Corp                                                                        | CUSIP: 361448BD4<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     459000 | PA      | $454602.78     | 0.00%             | 2024-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| PROV ST JOSEPH HLTH OBL                                                          | Providence St Joseph Health Obligated Group                                      | CUSIP: 743756AE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     325000 | PA      | $273191.75     | 0.00%             | 2048-10-01      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233851DT8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     660000 | PA      | $649030.80     | 0.00%             | 2029-02-22      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   75000000 | PA      | $51691406.25   | 0.25%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| SOCIEDAD QUIMICA Y MINER                                                         | Sociedad Quimica y Minera de Chile SA                                            | CUSIP: 000000000<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $387224.00     | 0.00%             | 2029-05-07      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                            | Bath & Body Works Inc                                                            | CUSIP: 532716AN7<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     190000 | PA      | $168117.70     | 0.00%             | 2037-07-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EU3<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     455000 | PA      | $427067.55     | 0.00%             | 2024-11-18      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CP5<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     675000 | PA      | $579170.25     | 0.00%             | 2027-12-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CR4<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     750000 | PA      | $556905.00     | 0.00%             | 2059-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558BX0<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     815000 | PA      | $707672.65     | 0.00%             | 2027-10-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| NSTAR Electric Co                                                                | NSTAR Electric Co                                                                | CUSIP: 67021CAF4<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |      85000 | PA      | $90088.95      | 0.00%             | 2040-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REC LIMITED                                                                      | REC Ltd                                                                          | CUSIP: 000000000<br>LEI: 335800B4YRYWAMIJZ374 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $387492.00     | 0.00%             | 2024-07-25      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6B33<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   15611865 | PA      | $14202234.44   | 0.07%             | 2037-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154BN8<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     600000 | PA      | $573654.00     | 0.00%             | 2026-08-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                                                          | Japan International Cooperation Agency                                           | CUSIP: 47109LAD6<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |    1745000 | PA      | $1390555.60    | 0.01%             | 2030-07-22      | Fixed         | 1.00%                 | No            |                  2 | On Loan: —       |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                             | CUSIP: 87612GAB7<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     360000 | PA      | $308520.00     | 0.00%             | 2052-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERV                                                         | Southwestern Public Service Co                                                   | CUSIP: 845743BS1<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |      71000 | PA      | $64098.80      | 0.00%             | 2048-11-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZS2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3500000 | PA      | $3058671.88    | 0.01%             | 2027-05-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                                                  | Nissan Motor Co Ltd                                                              | CUSIP: 654744AD3<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    1313000 | PA      | $1186820.70    | 0.01%             | 2030-09-17      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| CDI ESCROW ISSUER INC                                                            | CDI Escrow Issuer Inc                                                            | CUSIP: 12511VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     995000 | PA      | $943220.20     | 0.00%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081ED1<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     745000 | PA      | $703816.40     | 0.00%             | 2046-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SOCIEDAD QUIMICA Y MINER                                                         | Sociedad Quimica y Minera de Chile SA                                            | CUSIP: 000000000<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $169726.00     | 0.00%             | 2050-01-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RAYONIER LP                                                                      | Rayonier LP                                                                      | CUSIP: 75508XAA4<br>LEI: 5493004X96PV3VY6KB95 | Long             | DBT              |  | US        |     680000 | PA      | $565358.80     | 0.00%             | 2031-05-17      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ASCENSION HEALTH                                                                 | Ascension Health                                                                 | CUSIP: 04352EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     242000 | PA      | $212986.62     | 0.00%             | 2029-11-15      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KM2V6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5972544 | PA      | $5039148.22    | 0.02%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167FM0<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     450000 | PA      | $437220.00     | 0.00%             | 2025-05-06      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                         | Microchip Technology Inc                                                         | CUSIP: 595017BB9<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |     705000 | PA      | $674924.70     | 0.00%             | 2024-02-15      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                                                         | Federal Realty Investment Trust                                                  | CUSIP: 313747AY3<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              | CORP              | US        |     260000 | PA      | $243139.00     | 0.00%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District/CA                                        | LOS ANGELES CA CMNTY CLG DIST                                                    | CUSIP: 54438CYP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     500000 | PA      | $410417.50     | 0.00%             | 2032-08-01      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| NuStar Logistics LP                                                              | NuStar Logistics LP                                                              | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     332000 | PA      | $325383.24     | 0.00%             | 2026-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MODIVCARE INC                                                                    | ModivCare Inc                                                                    | CUSIP: 743815AE2<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | DBT              | CORP              | US        |     345000 | PA      | $333866.85     | 0.00%             | 2025-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BR3<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |      40000 | PA      | $37536.00      | 0.00%             | 2026-02-06      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEY3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23500000 | PA      | $22947382.93   | 0.11%             | 2025-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHANY CORP                                                                   | Alleghany Corp                                                                   | CUSIP: 017175AF7<br>LEI: 549300DCJE6AYX159479 | Long             | DBT              | CORP              | US        |     410000 | PA      | $310706.20     | 0.00%             | 2051-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBA7<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     694000 | PA      | $606903.00     | 0.00%             | 2030-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822AV6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     260000 | PA      | $251453.80     | 0.00%             | 2028-03-02      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp                                                            | General Dynamics Corp                                                            | CUSIP: 369550AY4<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     200000 | PA      | $192568.00     | 0.00%             | 2024-11-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                | CUSIP: 25179MAU7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     715000 | PA      | $656491.55     | 0.00%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ABQ FINANCE                                                                      | ABQ Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300EKNBMBS9DNYE37 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $180814.00     | 0.00%             | 2026-07-06      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     800000 | PA      | $748160.00     | 0.00%             | 2028-01-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                                     | Entergy Corp                                                                     | CUSIP: 29364GAK9<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     225000 | PA      | $178294.50     | 0.00%             | 2050-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ALGONQUIN PWR & UTILITY                                                          | Algonquin Power & Utilities Corp                                                 | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |     506100 | PA      | $426105.83     | 0.00%             | 2082-01-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                               | Panama Government International Bond                                             | CUSIP: 698299BH6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1600000 | PA      | $1257760.00    | 0.01%             | 2050-04-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HONG KONG                                                                        | Hong Kong Government International Bond                                          | CUSIP: 43858AAB6<br>LEI: 549300DSMAD69T7GGN13 | Long             | DBT              | NUSS              | HK        |     800000 | PA      | $780520.00     | 0.00%             | 2024-05-28      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                                                              | Eastman Chemical Co                                                              | CUSIP: 277432AP5<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |     659000 | PA      | $589284.39     | 0.00%             | 2044-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FAN1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    1058000 | PA      | $1011342.20    | 0.00%             | 2026-09-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                                                         | MSCI Inc                                                                         | CUSIP: 55354GAK6<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     660000 | PA      | $577711.20     | 0.00%             | 2030-09-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CQ7<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1000000 | PA      | $907500.00     | 0.00%             | 2030-02-14      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UCB6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     485125 | PA      | $478438.30     | 0.00%             | 2048-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                                           | Protective Life Global Funding                                                   | CUSIP: 74368CBQ6<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    1600000 | PA      | $1628112.00    | 0.01%             | 2026-01-06      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                | CUSIP: 25179MAV5<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     779000 | PA      | $798669.75     | 0.00%             | 2025-12-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650CD0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     986000 | PA      | $975577.98     | 0.00%             | 2043-12-05      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Assurant Inc                                                                     | Assurant Inc                                                                     | CUSIP: 04621XAJ7<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     202000 | PA      | $199093.22     | 0.00%             | 2028-03-27      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                    | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    1465000 | PA      | $1157350.00    | 0.01%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                        | CUSIP: 26885BAN0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     345000 | PA      | $344430.75     | 0.00%             | 2030-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO                                                         | Manufacturers & Traders Trust Co                                                 | CUSIP: 55279HAT7<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |     270000 | PA      | $275313.60     | 0.00%             | 2025-11-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp                                                               | Valero Energy Corp                                                               | CUSIP: 91913YAV2<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     303000 | PA      | $299460.96     | 0.00%             | 2028-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                                                     | Ford Credit Auto Owner Trust 2020-C                                              | CUSIP: 34533YAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5940000 | PA      | $5515342.03    | 0.03%             | 2026-08-15      | Fixed         | 0.51%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                 | CUSIP: 26884ABH5<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     233000 | PA      | $195587.19     | 0.00%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc                                                            | Reynolds American Inc                                                            | CUSIP: 761713BB1<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |    1405000 | PA      | $1286361.80    | 0.01%             | 2045-08-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769GK4<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    3319000 | PA      | $3210933.36    | 0.02%             | 2024-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                 | CUSIP: 78355HKT5<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     135000 | PA      | $124648.20     | 0.00%             | 2027-03-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GBE1<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     795000 | PA      | $720969.60     | 0.00%             | 2029-08-16      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| ALTA EQUIPMENT GROUP                                                             | Alta Equipment Group Inc                                                         | CUSIP: 02128LAA4<br>LEI: 549300DGOB28CLGS1X27 | Long             | DBT              | CORP              | US        |     185000 | PA      | $172525.45     | 0.00%             | 2026-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAJ0<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     960000 | PA      | $865852.80     | 0.00%             | 2027-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corp                                                             | Southern Copper Corp                                                             | CUSIP: 84265VAE5<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |     898000 | PA      | $1027823.86    | 0.00%             | 2040-04-16      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140LXF83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     988688 | PA      | $978509.33     | 0.00%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SUPERIOR PLUS/GEN PRTNR                                                          | Superior Plus LP / Superior General Partner Inc                                  | CUSIP: 86828LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     360000 | PA      | $318355.20     | 0.00%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                              | CUSIP: 20268JAK9<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |      50000 | PA      | $52179.50      | 0.00%             | 2027-11-01      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| BlackRock Funds III                                                              | BlackRock Cash Funds: Treasury, SL Agency Shares                                 | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  173796132 | NS      | $173796131.94  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN AXLE & MFG INC                                                          | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBA7<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     325000 | PA      | $295964.50     | 0.00%             | 2028-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QCA1<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     496000 | PA      | $481814.40     | 0.00%             | 2044-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAB2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    2006000 | PA      | $1752902.98    | 0.01%             | 2046-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RQZ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     224555 | PA      | $209912.67     | 0.00%             | 2045-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                | CUSIP: 872898AA9<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |     400000 | PA      | $361056.00     | 0.00%             | 2026-10-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                                                         | Federal Realty Investment Trust                                                  | CUSIP: 313747AZ0<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |     105000 | PA      | $93499.35      | 0.00%             | 2029-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV                                                         | Asian Infrastructure Investment Bank/The                                         | CUSIP: 04522KAF3<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | XX        |     265000 | PA      | $259138.20     | 0.00%             | 2025-06-29      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAS PENOLES SAB D                                                         | Industrias Penoles SAB de CV                                                     | CUSIP: 000000000<br>LEI: 549300WA2HB7776CB324 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $374144.00     | 0.00%             | 2029-09-12      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 88339WAA4<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |      85000 | PA      | $62842.20      | 0.00%             | 2051-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                                             | Garda World Security Corp                                                        | CUSIP: 36485MAM1<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |      65000 | PA      | $65850.20      | 0.00%             | 2028-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JD3<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     231000 | PA      | $224538.93     | 0.00%             | 2044-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                                                               | CNO Global Funding                                                               | CUSIP: 18977W2B5<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |     430000 | PA      | $401198.60     | 0.00%             | 2025-01-06      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| STANFORD UNIVERSITY                                                              | Leland Stanford Junior University/The                                            | CUSIP: 85440KAD6<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |     340000 | PA      | $236500.60     | 0.00%             | 2050-06-01      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| EMPRESAS PUBLIC MEDELLIN                                                         | Empresas Publicas de Medellin ESP                                                | CUSIP: 000000000<br>LEI: 549300SU25TO8EMXB434 | Long             | DBT              | CORP              | CO        |     400000 | PA      | $317468.00     | 0.00%             | 2031-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                          | CUSIP: 404121AH8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1515000 | PA      | $1523787.00    | 0.01%             | 2026-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBL4<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     310000 | PA      | $305979.30     | 0.00%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ALLIED WORLD ASSURANCE                                                           | Allied World Assurance Co Holdings Ltd                                           | CUSIP: 01959EAC2<br>LEI: 549300E2X3MLXVVR4T40 | Long             | DBT              | CORP              | BM        |     219000 | PA      | $211580.28     | 0.00%             | 2025-10-29      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ARGENTUM (SWISS RE LTD)                                                          | Argentum Netherlands BV for Swiss Re Ltd                                         | CUSIP: 000000000<br>LEI: 724500RPEZI5VVQQWE89 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $392644.00     | 0.00%             | 2050-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AG4<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     646000 | PA      | $634074.84     | 0.00%             | 2029-07-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8A39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7114446 | PA      | $6486449.07    | 0.03%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAK7<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     440000 | PA      | $391168.80     | 0.00%             | 2026-01-30      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QCG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    2645000 | PA      | $2497461.90    | 0.01%             | 2027-03-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CAY1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     451000 | PA      | $363339.13     | 0.00%             | 2047-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280AW9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1645000 | PA      | $1612100.00    | 0.01%             | 2026-03-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | Petroleos Mexicanos                                                              | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    4700000 | PA      | $3904196.00    | 0.02%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                | CUSIP: 37045VAK6<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     738000 | PA      | $772368.66     | 0.00%             | 2036-04-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                                                            | Nabors Industries Ltd                                                            | CUSIP: 629571AA8<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |     315000 | PA      | $306337.50     | 0.00%             | 2026-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F012429<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   16224097 | PA      | $14377972.25   | 0.07%             | 2038-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PEACEHEALTH OBLIGATED GR                                                         | PeaceHealth Obligated Group                                                      | CUSIP: 70462GAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     463000 | PA      | $431349.32     | 0.00%             | 2048-11-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                                    | Owens Corning                                                                    | CUSIP: 690742AF8<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     997000 | PA      | $942224.82     | 0.00%             | 2026-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SA GLOBAL SUKUK LTD                                                              | SA Global Sukuk Ltd                                                              | CUSIP: 000000000<br>LEI: 5493007DFAVKU7UOGR47 | Long             | DBT              | CORP              | KY        |    2400000 | PA      | $2127888.00    | 0.01%             | 2031-06-17      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORP                                                            | Costco Wholesale Corp                                                            | CUSIP: 22160KAP0<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |    1092000 | PA      | $924334.32     | 0.00%             | 2030-04-20      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                        | CUSIP: 682680AU7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     453000 | PA      | $442630.83     | 0.00%             | 2028-07-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558AW3<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    1571000 | PA      | $1550639.84    | 0.01%             | 2024-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| TENNESSEE GAS PIPELINE                                                           | Tennessee Gas Pipeline Co LLC                                                    | CUSIP: 880451AZ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     835000 | PA      | $728287.00     | 0.00%             | 2030-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CAX3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     462000 | PA      | $435684.48     | 0.00%             | 2027-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XAX4<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     821000 | PA      | $819226.64     | 0.00%             | 2034-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL                                                                 | Midcap Financial Issuer Trust                                                    | CUSIP: 59590AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     270000 | PA      | $217903.50     | 0.00%             | 2030-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CA2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1480000 | PA      | $1167068.80    | 0.01%             | 2041-05-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AK5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |      17000 | PA      | $16356.38      | 0.00%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| COUNCIL OF EUROPE                                                                | Council Of Europe Development Bank                                               | CUSIP: 222213AY6<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |    1210000 | PA      | $1084656.10    | 0.01%             | 2026-09-22      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                                                            | Argentina Bonar Bonds                                                            | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    2555918 | PA      | $844654.22     | 0.00%             | 2038-01-09      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0CU0<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    1423000 | PA      | $1334717.08    | 0.01%             | 2026-06-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KAISER FOUNDATION HOSPIT                                                         | Kaiser Foundation Hospitals                                                      | CUSIP: 48305QAD5<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    1415000 | PA      | $1298687.00    | 0.01%             | 2047-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280BK4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     995000 | PA      | $954334.35     | 0.00%             | 2028-03-13      | Fixed         | 4.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WDL41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      76516 | PA      | $76228.49      | 0.00%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY SOUTH                                                            | Dominion Energy South Carolina Inc                                               | CUSIP: 837004CG3<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |     219000 | PA      | $207447.75     | 0.00%             | 2043-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31307SD34<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     316394 | PA      | $300779.29     | 0.00%             | 2031-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EMAAR SUKUK LTD                                                                  | Emaar Sukuk Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300NZHOOO6634T541 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $185680.00     | 0.00%             | 2031-07-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KNGL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   59243909 | PA      | $49966863.92   | 0.24%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                                          | United Rentals North America Inc                                                 | CUSIP: 911365BL7<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     500000 | PA      | $483910.00     | 0.00%             | 2030-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ4E7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     283444 | PA      | $284444.95     | 0.00%             | 2048-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CU7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    1942000 | PA      | $1962507.52    | 0.01%             | 2027-05-01      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                            | Tennessee Valley Authority                                                       | CUSIP: 880591EX6<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |     400000 | PA      | $326488.00     | 0.00%             | 2031-09-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AM9<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $1027475.05    | 0.00%             | 2024-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVU0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     585000 | PA      | $550561.05     | 0.00%             | 2024-09-10      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                                                       | Intuit Inc                                                                       | CUSIP: 46124HAB2<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |     782000 | PA      | $718290.46     | 0.00%             | 2025-07-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                                                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AW6<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     275000 | PA      | $229061.25     | 0.00%             | 2031-07-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                              | CUSIP: 210518DS2<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     200000 | PA      | $202796.00     | 0.00%             | 2028-03-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QDVN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11572410 | PA      | $10631606.75   | 0.05%             | 2050-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DQ7<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     415000 | PA      | $337606.65     | 0.00%             | 2032-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| OMAN SOVEREIGN SUKUK                                                             | Oman Sovereign Sukuk Co                                                          | CUSIP: 000000000<br>LEI: 549300KM6RUZQLK8LU36 | Long             | DBT              | NUSS              | OM        |    1400000 | PA      | $1392034.00    | 0.01%             | 2024-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| L3Harris Tech Inc                                                                | L3Harris Technologies Inc                                                        | CUSIP: 413875AR6<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     530000 | PA      | $517921.30     | 0.00%             | 2025-04-27      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| BLOOMIN' BRANDS INC/OSI                                                          | Bloomin' Brands Inc / OSI Restaurant Partners LLC                                | CUSIP: 094234AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     197000 | PA      | $176056.93     | 0.00%             | 2029-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BANK NEGARA INDONESIA                                                            | Bank Negara Indonesia Persero Tbk PT                                             | CUSIP: 000000000<br>LEI: 549300HZ8J3MLVXQ8F85 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $172754.00     | 0.00%             | 2027-03-24      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AL9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     142000 | PA      | $137688.88     | 0.00%             | 2025-03-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HF3<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     668000 | PA      | $558882.20     | 0.00%             | 2046-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AX1<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     450000 | PA      | $514525.50     | 0.00%             | 2052-10-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Israel Electric Corp Ltd                                                         | Israel Electric Corp Ltd                                                         | CUSIP: 000000000<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |     850000 | PA      | $845418.50     | 0.00%             | 2024-11-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASB BANK LIMITED                                                                 | ASB Bank Ltd                                                                     | CUSIP: 00216LAD5<br>LEI: 549300IBZWZL1KTPF918 | Long             | DBT              | CORP              | NZ        |     715000 | PA      | $636821.90     | 0.00%             | 2026-10-22      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 313381FD2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     250000 | PA      | $235592.50     | 0.00%             | 2027-12-10      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| REALOGY GROUP/CO-ISSUER                                                          | Realogy Group LLC / Realogy Co-Issuer Corp                                       | CUSIP: 75606DAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     615000 | PA      | $482467.50     | 0.00%             | 2029-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VIASAT INC                                                                       | Viasat Inc                                                                       | CUSIP: 92552VAN0<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |     310000 | PA      | $248815.30     | 0.00%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM LLC                                                             | EnLink Midstream LLC                                                             | CUSIP: 29336TAC4<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |     300000 | PA      | $293301.00     | 0.00%             | 2028-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAV2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     887000 | PA      | $838348.05     | 0.00%             | 2027-10-18      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J5U98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      54176 | PA      | $51722.13      | 0.00%             | 2029-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBJ1<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     890000 | PA      | $839047.50     | 0.00%             | 2046-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KPYR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3961624 | PA      | $3827341.99    | 0.02%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AKBANK TAS                                                                       | Akbank TAS                                                                       | CUSIP: 000000000<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $180422.00     | 0.00%             | 2031-06-22      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAY0<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     660000 | PA      | $581433.60     | 0.00%             | 2029-08-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| UPM-KYMMENE OYJ                                                                  | UPM-Kymmene Oyj                                                                  | CUSIP: 915436AC3<br>LEI: 213800EC6PW5VU4J9U64 | Long             | DBT              | CORP              | FI        |     205000 | PA      | $221305.70     | 0.00%             | 2027-11-26      | Fixed         | 7.45%                 | No            |                  2 | On Loan: —       |
| JOHNSON CONTROLS INTL PL                                                         | Johnson Controls International plc                                               | CUSIP: 478375AG3<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | IE        |      87000 | PA      | $85479.24      | 0.00%             | 2024-07-02      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                                                         | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     410000 | PA      | $406605.20     | 0.00%             | 2024-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mercury General Corp                                                             | Mercury General Corp                                                             | CUSIP: 589400AB6<br>LEI: 5493001Q9EXPCEL4W527 | Long             | DBT              | CORP              | US        |     500000 | PA      | $482670.00     | 0.00%             | 2027-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                                                         | National Australia Bank Ltd/New York                                             | CUSIP: 63254AAP3<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |     570000 | PA      | $551919.60     | 0.00%             | 2026-01-14      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BANQUE OUEST AFRICAINE D                                                         | Banque Ouest Africaine de Developpement                                          | CUSIP: 06675QAB9<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              | NUSS              | XX        |     200000 | PA      | $190774.00     | 0.00%             | 2027-07-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBM1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     580000 | PA      | $489311.20     | 0.00%             | 2031-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EP1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     940000 | PA      | $878204.40     | 0.00%             | 2032-08-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTL 19 LTD                                                         | CK Hutchison International 19 Ltd                                                | CUSIP: 12564CAB2<br>LEI: 254900FPY8WXG61CMU70 | Long             | DBT              | CORP              | KY        |     817000 | PA      | $767579.67     | 0.00%             | 2029-04-11      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| PRINCIPAL FINANCIAL GRP                                                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAK8<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     669000 | PA      | $649873.29     | 0.00%             | 2025-05-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EU7J2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      24420 | PA      | $23576.15      | 0.00%             | 2046-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ICD FUNDING LTD                                                                  | ICD Funding Ltd                                                                  | CUSIP: 000000000<br>LEI: 635400ND71SBRGJJVF09 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $376056.00     | 0.00%             | 2026-04-28      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| EAST OHIO GAS CO/THE                                                             | East Ohio Gas Co/The                                                             | CUSIP: 27409LAC7<br>LEI: BC95Y6MXLT75BGO7UM71 | Long             | DBT              | CORP              | US        |     630000 | PA      | $511686.00     | 0.00%             | 2030-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAE7<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $202628.00     | 0.00%             | 2028-05-21      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                                                          | Jersey Central Power & Light Co                                                  | CUSIP: 476556DD4<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |     570000 | PA      | $482687.40     | 0.00%             | 2032-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                                                       | Intuit Inc                                                                       | CUSIP: 46124HAD8<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |     756000 | PA      | $626996.16     | 0.00%             | 2030-07-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| CBRE Services Inc                                                                | CBRE Services Inc                                                                | CUSIP: 12505BAD2<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    1079000 | PA      | $1076270.13    | 0.01%             | 2026-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAM0<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    1473000 | PA      | $1300894.68    | 0.01%             | 2026-07-12      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                                         | Builders FirstSource Inc                                                         | CUSIP: 12008RAR8<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     505000 | PA      | $494546.50     | 0.00%             | 2032-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                 | FirstEnergy Corp                                                                 | CUSIP: 337932AN7<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     201000 | PA      | $181442.70     | 0.00%             | 2026-01-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                                                              | Eastman Chemical Co                                                              | CUSIP: 277432AW0<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |     382000 | PA      | $375647.34     | 0.00%             | 2028-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MID-ATLANTIC INTERSTATE                                                          | Mid-Atlantic Interstate Transmission LLC                                         | CUSIP: 59524QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     432000 | PA      | $417480.48     | 0.00%             | 2028-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| NBK TIER 2 LTD                                                                   | Nbk Tier 2 Ltd                                                                   | CUSIP: 000000000<br>LEI: 549300GS015OCXR89U13 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $179628.00     | 0.00%             | 2030-11-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 969457BB5<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |      79000 | PA      | $89665.79      | 0.00%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AV6<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     800000 | PA      | $584200.00     | 0.00%             | 2046-10-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EL7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     610000 | PA      | $618052.00     | 0.00%             | 2033-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc                                                              | Delta Air Lines Inc                                                              | CUSIP: 247361ZN1<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     425000 | PA      | $395101.25     | 0.00%             | 2028-04-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236THG3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     105000 | PA      | $91387.80      | 0.00%             | 2027-08-13      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                                                              | Avantor Funding Inc                                                              | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |     540000 | PA      | $477473.40     | 0.00%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ER7M6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      40979 | PA      | $39614.41      | 0.00%             | 2032-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GXS8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     448000 | PA      | $410502.40     | 0.00%             | 2026-02-12      | Fixed         | 0.86%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                                                                       | Biogen Inc                                                                       | CUSIP: 09062XAG8<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    1280000 | PA      | $918233.60     | 0.00%             | 2050-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAK0<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     843000 | PA      | $779134.32     | 0.00%             | 2048-02-26      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CORNING INC                                                                      | Corning Inc                                                                      | CUSIP: 219350BQ7<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     500000 | PA      | $481480.00     | 0.00%             | 2079-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     450000 | PA      | $403420.50     | 0.00%             | 2033-04-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                | CUSIP: 020002BA8<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     503000 | PA      | $471668.13     | 0.00%             | 2043-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PELABUHAN INDO PERSERO                                                           | Pelabuhan Indonesia Persero PT                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | ID        |     800000 | PA      | $784168.00     | 0.00%             | 2025-05-05      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140F9WA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     335728 | PA      | $320718.37     | 0.00%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                                                                     | Alphabet Inc                                                                     | CUSIP: 02079KAC1<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    1265000 | PA      | $1177272.25    | 0.01%             | 2026-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS                                                           | Discover Financial Services                                                      | CUSIP: 254709AM0<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |    1348000 | PA      | $1299229.36    | 0.01%             | 2027-02-09      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650CN8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    1239000 | PA      | $1192438.38    | 0.01%             | 2045-07-20      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DAZ8<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    1023000 | PA      | $995491.53     | 0.00%             | 2024-08-15      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| SUNNOVA ENERGY CORP                                                              | Sunnova Energy Corp                                                              | CUSIP: 86745GAF0<br>LEI: 549300TH3GCD8YQUDR46 | Long             | DBT              | CORP              | US        |     280000 | PA      | $252014.00     | 0.00%             | 2026-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| BANCO BRADESCO (CAYMAN)                                                          | Banco Bradesco SA/Cayman Islands                                                 | CUSIP: 05947LAZ1<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |     800000 | PA      | $767792.00     | 0.00%             | 2025-01-27      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      40000 | PA      | $38637.60      | 0.00%             | 2025-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DU9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     930000 | PA      | $842979.90     | 0.00%             | 2032-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI                                                         | PetSmart Inc / PetSmart Finance Corp                                             | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     815000 | PA      | $755814.70     | 0.00%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp                                                               | Valero Energy Corp                                                               | CUSIP: 91913YAU4<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     120000 | PA      | $115083.60     | 0.00%             | 2026-09-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJZN3<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     320688 | PA      | $306649.45     | 0.00%             | 2047-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WUHAN URBAN CONSTRUCTION                                                         | Wuhan Urban Construction Group Co Ltd                                            | CUSIP: 000000000<br>LEI: 549300COGKUP1D5V6086 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $187714.00     | 0.00%             | 2024-07-09      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                                                   | Clorox Co/The                                                                    | CUSIP: 189054AX7<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |      88000 | PA      | $72558.64      | 0.00%             | 2030-05-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                                                         | National Retail Properties Inc                                                   | CUSIP: 637417AN6<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |     112000 | PA      | $94675.84      | 0.00%             | 2030-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                                  | Danske Bank A/S                                                                  | CUSIP: 23636ABC4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |     980000 | PA      | $943416.60     | 0.00%             | 2028-04-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MAXAR TECHNOLOGIES INC                                                           | Maxar Technologies Inc                                                           | CUSIP: 57778KAC9<br>LEI: 549300OEN2G821MIJ922 | Long             | DBT              | CORP              | US        |     300000 | PA      | $313530.00     | 0.00%             | 2027-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP                                                          | Korea National Oil Corp                                                          | CUSIP: 50066RAD8<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $183672.00     | 0.00%             | 2026-10-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 000000000<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    1550000 | PA      | $1456364.50    | 0.01%             | 2030-02-12      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DN5<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1339000 | PA      | $1215825.39    | 0.01%             | 2025-11-13      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                                                     | Navient Corp                                                                     | CUSIP: 63938CAB4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     335000 | PA      | $331294.90     | 0.00%             | 2024-10-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                        | CUSIP: 031162BV1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     640000 | PA      | $630131.20     | 0.00%             | 2024-05-22      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                              | Otis Worldwide Corp                                                              | CUSIP: 68902VAH0<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |    1248000 | PA      | $1177250.88    | 0.01%             | 2025-04-05      | Fixed         | 2.06%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KBR0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    2232000 | PA      | $1892602.08    | 0.01%             | 2030-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                                                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAS1<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |    1020000 | PA      | $858717.60     | 0.00%             | 2030-06-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Roche Holdings Inc                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BL5<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |     455000 | PA      | $426066.55     | 0.00%             | 2027-01-28      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308HH3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     451000 | PA      | $368742.11     | 0.00%             | 2044-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BP4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    1557000 | PA      | $1520690.76    | 0.01%             | 2025-03-25      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                                | Brown & Brown Inc                                                                | CUSIP: 115236AF8<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     260000 | PA      | $234436.80     | 0.00%             | 2052-03-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EBB4<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     200000 | PA      | $171742.00     | 0.00%             | 2047-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XFF8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    9942721 | PA      | $9406420.52    | 0.05%             | 2052-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                      | CUSIP: 64966QL65<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |      75000 | PA      | $82823.33      | 0.00%             | 2052-10-01      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP                                                          | American National Group Inc                                                      | CUSIP: 02772AAA7<br>LEI: 549300I1RRC5M591MY93 | Long             | DBT              | CORP              | US        |     100000 | PA      | $97031.00      | 0.00%             | 2032-06-13      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                      | Equifax Inc                                                                      | CUSIP: 294429AV7<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |     275000 | PA      | $279309.25     | 0.00%             | 2027-12-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORP                                                                | Lam Research Corp                                                                | CUSIP: 512807AW8<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     609000 | PA      | $438839.31     | 0.00%             | 2050-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAT1<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     433000 | PA      | $355319.80     | 0.00%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAP INC                                                          | GlaxoSmithKline Capital Inc                                                      | CUSIP: 377372AN7<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |     688000 | PA      | $674797.28     | 0.00%             | 2028-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X5VE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     335622 | PA      | $328926.44     | 0.00%             | 2035-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109BF0<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     368000 | PA      | $370156.48     | 0.00%             | 2026-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                                         | Fox Corp                                                                         | CUSIP: 35137LAH8<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    1316000 | PA      | $1300681.76    | 0.01%             | 2029-01-25      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| EIDP INC                                                                         | EIDP Inc                                                                         | CUSIP: 263534CP2<br>LEI: GLU7INWNWH88J9XBXD45 | Long             | DBT              | CORP              | US        |     547000 | PA      | $474199.77     | 0.00%             | 2030-07-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                                                                     | AES Corp/The                                                                     | CUSIP: 00130HCG8<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     150000 | PA      | $124123.50     | 0.00%             | 2031-01-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WVW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   20793310 | PA      | $19759286.16   | 0.09%             | 2052-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3617NWHS4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2039412 | PA      | $1835190.15    | 0.01%             | 2050-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    1695000 | PA      | $1068883.95    | 0.01%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063DC48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     250000 | PA      | $221534.00     | 0.00%             | 2028-02-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAC3<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |     205000 | PA      | $195356.80     | 0.00%             | 2024-03-17      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| EASTERN ENERGY GAS                                                               | Eastern Energy Gas Holdings LLC                                                  | CUSIP: 257375AH8<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |     259000 | PA      | $253237.25     | 0.00%             | 2024-12-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                              | Georgia-Pacific LLC                                                              | CUSIP: 37331NAH4<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     300000 | PA      | $293490.00     | 0.00%             | 2025-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XAU9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1323000 | PA      | $1296129.87    | 0.01%             | 2024-07-08      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CORP ANDINA DE FOMENTO                                                           | Corp Andina de Fomento                                                           | CUSIP: 219868CE4<br>LEI: UKZ46SXGNYCZK0UOZE76 | Long             | DBT              | NUSS              | XX        |     330000 | PA      | $308761.20     | 0.00%             | 2024-10-26      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| GOLD FIELDS OROGEN HOLD                                                          | Gold Fields Orogen Holdings BVI Ltd                                              | CUSIP: 000000000<br>LEI: 213800CLGJ2E9KGU2F20 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $398268.00     | 0.00%             | 2024-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO III                                                         | KKR Group Finance Co III LLC                                                     | CUSIP: 48250AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     375000 | PA      | $345926.25     | 0.00%             | 2044-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                                                               | Coterra Energy Inc                                                               | CUSIP: 127097AK9<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |     377000 | PA      | $361931.31     | 0.00%             | 2029-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                                                           | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              |  | US        |     670000 | PA      | $594812.60     | 0.00%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HECLA MINING CO                                                                  | Hecla Mining Co                                                                  | CUSIP: 422704AH9<br>LEI: 5493009Y6HOBZD1QD537 | Long             | DBT              | CORP              | US        |     340000 | PA      | $339513.80     | 0.00%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| OMNICOM GP/OMNICOM CAP                                                           | Omnicom Group Inc / Omnicom Capital Inc                                          | CUSIP: 681919BA3<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |     931000 | PA      | $912957.22     | 0.00%             | 2024-11-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| L-BANK BW FOERDERBANK                                                            | Landeskreditbank Baden-Wuerttemberg Foerderbank                                  | CUSIP: 000000000<br>LEI: 0SK1ILSPWNVBNQWU0W18 | Long             | DBT              | CORP              | DE        |      90000 | PA      | $86630.40      | 0.00%             | 2024-07-23      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                    | CUSIP: 472319AC6<br>LEI: NY9Q8VBNB6D1L6YV0J84 | Long             | DBT              | CORP              | US        |     585000 | PA      | $621960.30     | 0.00%             | 2036-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                                                                  | DAE Funding LLC                                                                  | CUSIP: 000000000<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |     600000 | PA      | $566502.00     | 0.00%             | 2024-08-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC                                                             | Verisk Analytics Inc                                                             | CUSIP: 92345YAG1<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     600000 | PA      | $452862.00     | 0.00%             | 2050-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KB HOME                                                                          | KB Home                                                                          | CUSIP: 48666KAY5<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |     250000 | PA      | $224572.50     | 0.00%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B77<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     943000 | PA      | $841570.92     | 0.00%             | 2026-08-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                                                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AV8<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     110000 | PA      | $94103.90      | 0.00%             | 2030-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KKD48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1867435 | PA      | $1583415.02    | 0.01%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                                          | Sensata Technologies BV                                                          | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     320000 | PA      | $313974.40     | 0.00%             | 2030-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132Y1GL6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      36249 | PA      | $36653.44      | 0.00%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WFAM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      51956 | PA      | $49339.85      | 0.00%             | 2030-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    1000000 | PA      | $749720.00     | 0.00%             | 2053-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                                                         | iHeartCommunications Inc                                                         | CUSIP: 45174HBE6<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     470000 | PA      | $421373.80     | 0.00%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INGLES MARKETS INC                                                               | Ingles Markets Inc                                                               | CUSIP: 457030AK0<br>LEI: 549300XH5RYBMYP8TF26 | Long             | DBT              | CORP              | US        |     236000 | PA      | $204689.88     | 0.00%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                              | CUSIP: 316773DE7<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     380000 | PA      | $367220.60     | 0.00%             | 2028-04-25      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| ABU DHABI CRUDE OIL                                                              | Abu Dhabi Crude Oil Pipeline LLC                                                 | CUSIP: 000000000<br>LEI: 549300DONDFW2383FV66 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $567114.00     | 0.00%             | 2029-11-02      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                                      | PNC Bank NA                                                                      | CUSIP: 69349LAR9<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     615000 | PA      | $594434.40     | 0.00%             | 2028-07-26      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TJQ9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     805000 | PA      | $664535.55     | 0.00%             | 2031-09-12      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                     | CUSIP: 65473QBD4<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     555000 | PA      | $581634.45     | 0.00%             | 2045-02-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FY4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     780000 | PA      | $669208.80     | 0.00%             | 2050-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                                                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LAV2<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     115000 | PA      | $114108.75     | 0.00%             | 2024-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XJNY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3267224 | PA      | $3324664.90    | 0.02%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLP POWER HK FINANCING                                                           | CLP Power Hong Kong Financing Ltd                                                | CUSIP: 000000000<br>LEI: 254900SBJOP9O3YV1271 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $328772.00     | 0.00%             | 2031-07-21      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     772000 | PA      | $752784.92     | 0.00%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts LP                                                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAV8<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |     415000 | PA      | $404496.35     | 0.00%             | 2025-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599AZ7<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |     945000 | PA      | $918190.35     | 0.00%             | 2025-03-10      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109CB5<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     635000 | PA      | $597541.35     | 0.00%             | 2027-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| MYMICHIGAN HEALTH                                                                | MyMichigan Health                                                                | CUSIP: 597861AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     395000 | PA      | $293504.75     | 0.00%             | 2050-06-01      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                            | CUSIP: 575718AF8<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |     133000 | PA      | $105943.81     | 0.00%             | 2116-07-01      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SEH6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1826247 | PA      | $1762765.12    | 0.01%             | 2046-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                                        | CUSIP: 626207YM0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |     318000 | PA      | $363777.37     | 0.00%             | 2057-04-01      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YBF5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    1191000 | PA      | $1179852.24    | 0.01%             | 2028-11-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810EW4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1700000 | PA      | $1800406.25    | 0.01%             | 2026-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KA8<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     715000 | PA      | $672028.50     | 0.00%             | 2029-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140CB4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     860000 | PA      | $811349.80     | 0.00%             | 2052-08-05      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GE CAPITAL INTL FUNDING                                                          | GE Capital International Funding Co Unlimited Co                                 | CUSIP: 36164QNA2<br>LEI: 549300G6UZOB126GBY72 | Long             | DBT              | CORP              | IE        |     400000 | PA      | $389356.00     | 0.00%             | 2035-11-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| UNUM GROUP                                                                       | Unum Group                                                                       | CUSIP: 91529YAP1<br>LEI: 549300E32YFDO6TZ8R31 | Long             | DBT              | CORP              | US        |     525000 | PA      | $406959.00     | 0.00%             | 2049-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CBJ7<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    1040000 | PA      | $1000220.00    | 0.00%             | 2024-04-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                                         | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     875000 | PA      | $797055.00     | 0.00%             | 2027-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| KAISER FOUNDATION HOSPIT                                                         | Kaiser Foundation Hospitals                                                      | CUSIP: 48305QAG8<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |     899000 | PA      | $667948.01     | 0.00%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAK1<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     562000 | PA      | $558864.04     | 0.00%             | 2024-01-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   16500000 | PA      | $16139062.50   | 0.08%             | 2043-08-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DD6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     791000 | PA      | $770291.62     | 0.00%             | 2024-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                                                        | IQVIA Inc                                                                        | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     665000 | PA      | $646506.35     | 0.00%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Camden Property Trust                                                            | Camden Property Trust                                                            | CUSIP: 133131AW2<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |     112000 | PA      | $108973.76     | 0.00%             | 2028-10-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GNKS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      20860 | PA      | $20919.51      | 0.00%             | 2047-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582BY7<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    1189000 | PA      | $1014359.68    | 0.00%             | 2046-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                                                   | Clorox Co/The                                                                    | CUSIP: 189054AW9<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |     260000 | PA      | $254004.40     | 0.00%             | 2028-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                                                         | National Retail Properties Inc                                                   | CUSIP: 637417AL0<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |     115000 | PA      | $110291.90     | 0.00%             | 2028-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                                                          | National Bank of Canada                                                          | CUSIP: 63307A2S3<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |     270000 | PA      | $265229.10     | 0.00%             | 2025-06-09      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                                                       | TELUS Corp                                                                       | CUSIP: 87971MBK8<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |     528000 | PA      | $464043.36     | 0.00%             | 2049-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J7RM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      18276 | PA      | $17933.64      | 0.00%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                  | CUSIP: 046353AD0<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    1432000 | PA      | $1713473.92    | 0.01%             | 2037-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                                                 | NTT Finance Corp                                                                 | CUSIP: 62954WAH8<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $197808.00     | 0.00%             | 2024-07-26      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAN4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     980000 | PA      | $995415.40     | 0.00%             | 2029-07-15      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $576972.00     | 0.00%             | 2024-11-12      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANK OF CHINA/MACAU                                                              | Bank of China Ltd/Macau                                                          | CUSIP: 000000000<br>LEI: 54930047DU4WCPOIO219 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $194636.00     | 0.00%             | 2027-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KUNLUN ENERGY CO LTD                                                             | Kunlun Energy Co Ltd                                                             | CUSIP: 000000000<br>LEI: 5299007GRIKP15GM4927 | Long             | DBT              | CORP              | BM        |     200000 | PA      | $194328.00     | 0.00%             | 2025-05-13      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CN OVERSEAS FIN KY VIII                                                          | China Overseas Finance Cayman VIII Ltd                                           | CUSIP: 000000000<br>LEI: 300300JLMTEWBKJNL662 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $374364.00     | 0.00%             | 2025-03-02      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway Fund                               | TEXAS ST TRANSPRTN COMMISSIONST HIGHWAY FUND REVENUE                             | CUSIP: 88283LHU3<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    1115000 | PA      | $1159883.21    | 0.01%             | 2030-04-01      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEH0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20000000 | PA      | $19376562.60   | 0.09%             | 2025-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| ARCONIC CORP                                                                     | Arconic Corp                                                                     | CUSIP: 03966VAA5<br>LEI: 549300B4YFWH3U74B152 | Long             | DBT              | CORP              | US        |     599000 | PA      | $577322.19     | 0.00%             | 2028-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| RUMO LUXEMBOURG SARL                                                             | Rumo Luxembourg Sarl                                                             | CUSIP: 000000000<br>LEI: 222100HOIQFT7YOSPB46 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $331692.00     | 0.00%             | 2032-01-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAV6<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    1800000 | PA      | $1239372.00    | 0.01%             | 2050-06-03      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                         | CUSIP: 92826CAK8<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $878702.00     | 0.00%             | 2040-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CENCOSUD SA                                                                      | Cencosud SA                                                                      | CUSIP: 000000000<br>LEI: 549300NLTGCFV7482429 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $198878.00     | 0.00%             | 2045-02-12      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WDJ7<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     831000 | PA      | $769231.77     | 0.00%             | 2027-01-08      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER                                                                 | Triton Container International Ltd                                               | CUSIP: 89680YAC9<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |     765000 | PA      | $622809.45     | 0.00%             | 2031-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| DUN & BRADSTREET CORP                                                            | Dun & Bradstreet Corp/The                                                        | CUSIP: 26483EAL4<br>LEI: RI37BMPWE56BCJ747E14 | Long             | DBT              | CORP              | US        |     325000 | PA      | $289854.50     | 0.00%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PDM5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    3155000 | PA      | $3180492.40    | 0.02%             | 2025-12-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                           | Motorola Solutions Inc                                                           | CUSIP: 620076BN8<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |     805000 | PA      | $786130.80     | 0.00%             | 2029-05-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMware Inc                                                                       | CUSIP: 928563AL9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     215000 | PA      | $170533.70     | 0.00%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAY7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     230000 | PA      | $225064.20     | 0.00%             | 2025-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                                                           | Cox Communications Inc                                                           | CUSIP: 224044CL9<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     710000 | PA      | $562312.90     | 0.00%             | 2030-10-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNZ97<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3564007 | PA      | $3129600.64    | 0.02%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AZ8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     543000 | PA      | $529354.41     | 0.00%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565ECA1<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     800000 | PA      | $770480.00     | 0.00%             | 2027-04-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CONTINUUM ENERGY LEVANTE                                                         | Continuum Energy Levanter Pte Ltd                                                | CUSIP: 21218MAB1<br>LEI: 254900MFSMO37F3WJ232 | Long             | DBT              | CORP              | SG        |     387000 | PA      | $350885.16     | 0.00%             | 2027-02-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBL4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    2770000 | PA      | $2295859.10    | 0.01%             | 2034-04-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL GAMING AU                                                         | Mohegan Tribal Gaming Authority                                                  | CUSIP: 608328BH2<br>LEI: 549300UB083Z2NRDHC48 | Long             | DBT              | CORP              | US        |     775000 | PA      | $734080.00     | 0.00%             | 2026-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                            | CUSIP: 760759BA7<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     900000 | PA      | $748800.00     | 0.00%             | 2033-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BIDVEST GROUP UK PLC                                                             | Bidvest Group UK PLC/The                                                         | CUSIP: 000000000<br>LEI: 984500A80C777F496830 | Long             | DBT              | CORP              | GB        |     600000 | PA      | $551286.00     | 0.00%             | 2026-09-23      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513ECN9<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $862086.50     | 0.00%             | 2032-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| TEMASEK FINANCIAL I LTD                                                          | Temasek Financial I Ltd                                                          | CUSIP: 87973PAE4<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |     850000 | PA      | $830246.00     | 0.00%             | 2028-08-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BM7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     779000 | PA      | $713805.49     | 0.00%             | 2057-08-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543DH3<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     230000 | PA      | $272812.20     | 0.00%             | 2053-05-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| KEMPER CORP                                                                      | Kemper Corp                                                                      | CUSIP: 488401AD2<br>LEI: 549300FNI1JKTRY2PV09 | Long             | DBT              | CORP              | US        |     270000 | PA      | $235531.80     | 0.00%             | 2032-02-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EWN5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     270000 | PA      | $278378.10     | 0.00%             | 2029-10-11      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31410LQ21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     258176 | PA      | $239892.48     | 0.00%             | 2047-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                                                | General Mills Inc                                                                | CUSIP: 370334CF9<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     199000 | PA      | $195985.15     | 0.00%             | 2025-04-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZV9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     865000 | PA      | $878623.75     | 0.00%             | 2024-11-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                                                                | ONEOK Partners LP                                                                | CUSIP: 68268NAP8<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |     345000 | PA      | $343657.95     | 0.00%             | 2025-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                           | CUSIP: 40434LAF2<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     875000 | PA      | $780998.75     | 0.00%             | 2026-06-17      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                                              | Buckeye Partners LP                                                              | CUSIP: 118230AQ4<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     455000 | PA      | $417503.45     | 0.00%             | 2026-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                                                            | Melco Resorts Finance Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     440000 | PA      | $402098.40     | 0.00%             | 2027-07-17      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                   | CUSIP: 427866BB3<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     235000 | PA      | $183436.30     | 0.00%             | 2049-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                                                              | Northern Trust Corp                                                              | CUSIP: 665859AW4<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |     675000 | PA      | $668162.25     | 0.00%             | 2027-05-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                        | CUSIP: 59523UAS6<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |     470000 | PA      | $379722.40     | 0.00%             | 2031-02-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                                                | State Street Corp                                                                | CUSIP: 857477AT0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     918000 | PA      | $899915.40     | 0.00%             | 2025-08-18      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $152206.00     | 0.00%             | 2050-05-13      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 3133XGAY0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    3285000 | PA      | $3784977.00    | 0.02%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE                       | CUSIP: 882667AZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     400000 | PA      | $326126.00     | 0.00%             | 2049-12-31      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 94974BGL8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2044000 | PA      | $2021516.00    | 0.01%             | 2027-07-22      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RBM9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     501000 | PA      | $485719.50     | 0.00%             | 2025-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BG7<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     703000 | PA      | $619005.56     | 0.00%             | 2030-01-24      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| NBCUniversal Media LLC                                                           | NBCUniversal Media LLC                                                           | CUSIP: 63946BAG5<br>LEI: VTBDOQJ6KOGQ6K786R46 | Long             | DBT              | CORP              | US        |     693000 | PA      | $768433.05     | 0.00%             | 2041-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     400000 | PA      | $144300.00     | 0.00%             | 2042-05-07      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAH0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     510000 | PA      | $497642.70     | 0.00%             | 2028-04-28      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJUS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      50004 | PA      | $47768.06      | 0.00%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                                                  | Fair Isaac Corp                                                                  | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     660000 | PA      | $613054.20     | 0.00%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RITE AID CORP                                                                    | Rite Aid Corp                                                                    | CUSIP: 767754CL6<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |     706000 | PA      | $393545.58     | 0.00%             | 2026-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     600000 | PA      | $215526.00     | 0.00%             | 2049-06-16      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                                                          | Japan International Cooperation Agency                                           | CUSIP: 47109LAF1<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |      50000 | PA      | $47935.00      | 0.00%             | 2027-05-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AKUMIN ESCROW INC                                                                | Akumin Escrow Inc                                                                | CUSIP: 01021FAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     265000 | PA      | $180237.10     | 0.00%             | 2028-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233851DF8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     970000 | PA      | $934352.50     | 0.00%             | 2028-02-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $230960.00     | 0.00%             | 2031-01-12      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                       | CUSIP: 842434CU4<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     195000 | PA      | $171018.90     | 0.00%             | 2030-02-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $188168.00     | 0.00%             | 2027-03-28      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XDA1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3880255 | PA      | $3473985.54    | 0.02%             | 2052-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CIKARANG LISTRINDO PT                                                            | Cikarang Listrindo Tbk PT                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | ID        |     400000 | PA      | $379476.00     | 0.00%             | 2026-09-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                           | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1000000 | PA      | $982210.00     | 0.00%             | 2026-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                                           | BP Capital Markets PLC                                                           | CUSIP: 05565QDH8<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    1007000 | PA      | $980022.47     | 0.00%             | 2028-11-28      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AP4<br>LEI: N/A                  | Long             | DBT              |  | US        |     595000 | PA      | $539569.80     | 0.00%             | 2030-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ABU DHABI NATIONAL ENERG                                                         | Abu Dhabi National Energy Co PJSC                                                | CUSIP: 000000000<br>LEI: 213800UNJSVQFNUYYW03 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $622194.00     | 0.00%             | 2030-04-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMEREN CORP                                                                      | Ameren Corp                                                                      | CUSIP: 023608AL6<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |     510000 | PA      | $458765.40     | 0.00%             | 2027-03-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YBM2<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |     924000 | PA      | $887178.60     | 0.00%             | 2025-04-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                                                           | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     495000 | PA      | $448757.10     | 0.00%             | 2029-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAU5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     716000 | PA      | $511016.36     | 0.00%             | 2051-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                                                    | CME Group Inc                                                                    | CUSIP: 12572QAJ4<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |     790000 | PA      | $775574.60     | 0.00%             | 2028-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179T7K5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1152871 | PA      | $1136981.59    | 0.01%             | 2048-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RNW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    6730969 | PA      | $6516110.08    | 0.03%             | 2045-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                                                         | Sumitomo Mitsui Trust Bank Ltd                                                   | CUSIP: 86563VAY5<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    1060000 | PA      | $937972.80     | 0.00%             | 2026-09-16      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     800000 | PA      | $533944.00     | 0.00%             | 2048-02-21      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAL6<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     351000 | PA      | $334990.89     | 0.00%             | 2024-02-15      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| UKRAINE RAIL (RAIL CAPL)                                                         | Ukraine Railways Via Rail Capital Markets PLC                                    | CUSIP: 000000000<br>LEI: 213800IW9C7PR3HKI783 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $82000.00      | 0.00%             | 2026-07-09      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254AN0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    1225000 | PA      | $1203342.00    | 0.01%             | 2044-03-26      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNU27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1941782 | PA      | $1875672.62    | 0.01%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0BT4<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    1095000 | PA      | $1066267.20    | 0.01%             | 2041-10-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                                                              | Prestige Brands Inc                                                              | CUSIP: 74112BAL9<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |     340000 | PA      | $326287.80     | 0.00%             | 2028-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                      | CUSIP: 797440BU7<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     436000 | PA      | $409116.24     | 0.00%             | 2026-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MAGELLAN MIDSTREAM PARTN                                                         | Magellan Midstream Partners LP                                                   | CUSIP: 559080AG1<br>LEI: MZF5TI8NFVZZNUSKDL39 | Long             | DBT              | CORP              | US        |     545000 | PA      | $507193.35     | 0.00%             | 2043-10-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Pactiv LLC                                                                       | Pactiv LLC                                                                       | CUSIP: 880394AE1<br>LEI: 549300O4WTC6DL4JIE57 | Long             | DBT              | CORP              | US        |     170000 | PA      | $167081.10     | 0.00%             | 2027-04-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                                                         | Liberty Mutual Group Inc                                                         | CUSIP: 53079EAN4<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |     400000 | PA      | $444192.00     | 0.00%             | 2037-03-15      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136BHMX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   17050000 | PA      | $14103934.93   | 0.07%             | 2031-04-25      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167EL3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    2168000 | PA      | $2122515.36    | 0.01%             | 2024-01-30      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                                                         | First Quantum Minerals Ltd                                                       | CUSIP: 000000000<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    1025000 | PA      | $992815.00     | 0.00%             | 2027-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TURK IHRACAT KR                                                                  | Turkiye Ihracat Kredi Bankasi AS                                                 | CUSIP: 000000000<br>LEI: 789000JVRVYLAXGDWR11 | Long             | DBT              | NUSS              | TR        |     400000 | PA      | $362116.00     | 0.00%             | 2026-07-06      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BC5<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     326000 | PA      | $298280.22     | 0.00%             | 2047-01-30      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272AV0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     935000 | PA      | $932438.10     | 0.00%             | 2029-03-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400FZ1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     580000 | PA      | $539800.20     | 0.00%             | 2043-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062BC7<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     300000 | PA      | $300837.00     | 0.00%             | 2029-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q9UA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     105447 | PA      | $103438.01     | 0.00%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-2 AA PTT                                                         | American Airlines 2016-2 Class AA Pass Through Trust                             | CUSIP: 023765AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     595026 | PA      | $527925.36     | 0.00%             | 2028-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36202FVG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1959973 | PA      | $2004323.21    | 0.01%             | 2041-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Northwell Healthcare Inc                                                         | Northwell Healthcare Inc                                                         | CUSIP: 667274AC8<br>LEI: 54930073NUTKK4QD3P47 | Long             | DBT              | CORP              | US        |     715000 | PA      | $610753.00     | 0.00%             | 2047-11-01      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FG3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     421000 | PA      | $385046.60     | 0.00%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                                                    | UBS AG/London                                                                    | CUSIP: 902674XN5<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |    1009000 | PA      | $936553.80     | 0.00%             | 2048-06-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                | Iron Mountain Inc                                                                | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     415000 | PA      | $374537.50     | 0.00%             | 2032-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8SW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     161950 | PA      | $159451.23     | 0.00%             | 2033-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408GW7<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     434000 | PA      | $419960.10     | 0.00%             | 2042-05-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AU8<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1400000 | PA      | $1275274.00    | 0.01%             | 2028-10-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| VECTOR GROUP LTD                                                                 | Vector Group Ltd                                                                 | CUSIP: 92240MBL1<br>LEI: 549300TUIF4WWN6NDN50 | Long             | DBT              | CORP              | US        |     765000 | PA      | $667707.30     | 0.00%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVY2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     533000 | PA      | $501323.81     | 0.00%             | 2025-01-10      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WBH0<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     230000 | PA      | $191272.60     | 0.00%             | 2032-06-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                                                | General Mills Inc                                                                | CUSIP: 370334CJ1<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |      75000 | PA      | $72391.50      | 0.00%             | 2048-04-17      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                         | CUSIP: 25468PCR5<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |     432000 | PA      | $395215.20     | 0.00%             | 2041-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XED4<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     600000 | PA      | $623922.00     | 0.00%             | 2033-01-09      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AH2<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |    1057000 | PA      | $1055900.72    | 0.01%             | 2026-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI BANKING                                                          | Sumitomo Mitsui Banking Corp                                                     | CUSIP: 865622BN3<br>LEI: 5U0XI89JRFVHWIBS4F54 | Long             | DBT              | CORP              | JP        |     174000 | PA      | $170255.52     | 0.00%             | 2024-07-11      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| COUNCIL OF EUROPE                                                                | Council Of Europe Development Bank                                               | CUSIP: 222213AU4<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |      70000 | PA      | $66021.90      | 0.00%             | 2025-02-27      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687DV5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     353000 | PA      | $405014.55     | 0.00%             | 2033-03-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2P8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     553000 | PA      | $463629.67     | 0.00%             | 2032-04-19      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                                                      | McAfee Corp                                                                      | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |    1435000 | PA      | $1186658.90    | 0.01%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| Los Angeles Unified School District/CA                                           | LOS ANGELES CA UNIF SCH DIST                                                     | CUSIP: 544646XY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     400000 | PA      | $421476.00     | 0.00%             | 2029-07-01      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                                                            | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AX4<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |     310000 | PA      | $251757.20     | 0.00%             | 2031-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MERSIN ULUSLARARASI LIMA                                                         | Mersin Uluslararasi Liman Isletmeciligi AS                                       | CUSIP: 000000000<br>LEI: 635400DAFN6NT43HM530 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $385872.00     | 0.00%             | 2024-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCQ9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     755000 | PA      | $721870.60     | 0.00%             | 2024-03-04      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                                            | Caesars Entertainment Inc                                                        | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     895000 | PA      | $764562.70     | 0.00%             | 2029-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| SHARJAH SUKUK PROGRAM                                                            | Sharjah Sukuk Program Ltd                                                        | CUSIP: 000000000<br>LEI: 549300N3BQ9P6RRMVV02 | Long             | DBT              | NUSS              | KY        |     800000 | PA      | $729304.00     | 0.00%             | 2027-06-10      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| ARCH CAPITAL GRP US INC                                                          | Arch Capital Group US Inc                                                        | CUSIP: 03938JAA7<br>LEI: 549300B4QKQFLY1XST28 | Long             | DBT              | CORP              | US        |     648000 | PA      | $621276.48     | 0.00%             | 2043-11-01      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                      | CUSIP: 797440BX1<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     672000 | PA      | $589512.00     | 0.00%             | 2049-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829BJ5<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     165000 | PA      | $122043.90     | 0.00%             | 2050-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| INOVA HEALTH SYSTEMS FOU                                                         | Inova Health System Foundation                                                   | CUSIP: 45791GAA0<br>LEI: 5493001L7PBVS286Y307 | Long             | DBT              | CORP              | US        |     345000 | PA      | $307115.55     | 0.00%             | 2052-05-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DN6<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $332212.00     | 0.00%             | 2032-01-18      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDV1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     832000 | PA      | $705319.68     | 0.00%             | 2059-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                   | CUSIP: 09261HAT4<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     650000 | PA      | $631013.50     | 0.00%             | 2025-03-24      | Fixed         | 4.70%                 | No            |                  2 | On Loan: —       |
| SIXTH STREET SPECIALTY                                                           | Sixth Street Specialty Lending Inc                                               | CUSIP: 83012AAA7<br>LEI: 549300TX61566GJWCN05 | Long             | DBT              | CORP              | US        |     220000 | PA      | $196853.80     | 0.00%             | 2026-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SABAL TRAIL TRANS                                                                | Sabal Trail Transmission LLC                                                     | CUSIP: 78516FAA7<br>LEI: 5493002DWITGSZFUI977 | Long             | DBT              | CORP              | US        |     488000 | PA      | $462194.56     | 0.00%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NAL9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     568000 | PA      | $556526.40     | 0.00%             | 2026-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7RH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       8085 | PA      | $7721.48       | 0.00%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                                                      | Truist Bank                                                                      | CUSIP: 86787EBB2<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     578000 | PA      | $570855.92     | 0.00%             | 2025-11-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAH2<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |     270000 | PA      | $196587.00     | 0.00%             | 2052-02-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WBL1<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     600000 | PA      | $580446.00     | 0.00%             | 2052-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SP PowerAssets Ltd                                                               | SP PowerAssets Ltd                                                               | CUSIP: 78462QAD1<br>LEI: 635400GIJMVHO4MDQI52 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $192580.00     | 0.00%             | 2025-11-24      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                       | CUSIP: 458140AP5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     646000 | PA      | $577368.96     | 0.00%             | 2042-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FW8<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     232000 | PA      | $181444.88     | 0.00%             | 2059-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                 | FirstEnergy Corp                                                                 | CUSIP: 337932AP2<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     350000 | PA      | $287577.50     | 0.00%             | 2030-09-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| China Cinda Finance 2017                                                         | China Cinda Finance 2017 I Ltd                                                   | CUSIP: 000000000<br>LEI: 549300FRGSV52FLG5T09 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $389108.00     | 0.00%             | 2028-02-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEP3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     595000 | PA      | $619769.85     | 0.00%             | 2028-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109BE0<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     910000 | PA      | $878514.00     | 0.00%             | 2025-12-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448BZ3<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     193000 | PA      | $219965.96     | 0.00%             | 2037-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NVR INC                                                                          | NVR Inc                                                                          | CUSIP: 62944TAF2<br>LEI: 529900RWXR4JI3JYTV70 | Long             | DBT              | CORP              | US        |     140000 | PA      | $122396.40     | 0.00%             | 2030-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JF5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     710000 | PA      | $622670.00     | 0.00%             | 2027-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                                         | Uruguay Government International Bond                                            | CUSIP: 760942BB7<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    1103000 | PA      | $1116897.80    | 0.01%             | 2027-10-27      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| STERIS PLC                                                                       | STERIS Irish FinCo UnLtd Co                                                      | CUSIP: 85917PAA5<br>LEI: 549300BRDKZ1HFI2J358 | Long             | DBT              | CORP              | IE        |     312000 | PA      | $267018.96     | 0.00%             | 2031-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HBA6<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     498000 | PA      | $475196.58     | 0.00%             | 2030-04-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| AIR LIQUIDE FINANCE                                                              | Air Liquide Finance SA                                                           | CUSIP: 00913RAD8<br>LEI: 549300YGXL5Z3R14K812 | Long             | DBT              | CORP              | FR        |     310000 | PA      | $290005.00     | 0.00%             | 2026-09-27      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAX7<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     275000 | PA      | $222662.00     | 0.00%             | 2031-07-14      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                                                   | CVR Energy Inc                                                                   | CUSIP: 12662PAB4<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |     375000 | PA      | $362032.50     | 0.00%             | 2025-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BARRICK PD AU FIN PTY LT                                                         | Barrick PD Australia Finance Pty Ltd                                             | CUSIP: 06849UAD7<br>LEI: 5493008DX0TK7OFLV260 | Long             | DBT              | CORP              | AU        |     710000 | PA      | $777627.50     | 0.00%             | 2039-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SBN2<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     957000 | PA      | $640405.26     | 0.00%             | 2051-02-04      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    1629000 | PA      | $1256594.31    | 0.01%             | 2050-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                             | CUSIP: 10112RBG8<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     225000 | PA      | $238344.75     | 0.00%             | 2027-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SWF ESCROW ISSUER CORP                                                           | SWF Escrow Issuer Corp                                                           | CUSIP: 78500AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     450000 | PA      | $295483.50     | 0.00%             | 2029-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150AX2<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |     742000 | PA      | $561374.94     | 0.00%             | 2036-08-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                      | CUSIP: 931142ER0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    1450000 | PA      | $1299736.50    | 0.01%             | 2026-09-17      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UDJ5<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     388000 | PA      | $350371.76     | 0.00%             | 2026-04-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172BL2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    1235000 | PA      | $1051479.00    | 0.01%             | 2044-11-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VITERRA FINANCE BV                                                               | Viterra Finance BV                                                               | CUSIP: 92852LAA7<br>LEI: 213800HBZGEIZLKJBI17 | Long             | DBT              | CORP              | NL        |     540000 | PA      | $476101.80     | 0.00%             | 2026-04-21      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                                 | ABN AMRO Bank NV                                                                 | CUSIP: 00084DAU4<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |     760000 | PA      | $667439.60     | 0.00%             | 2027-06-16      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET SPECIALTY                                                           | Sixth Street Specialty Lending Inc                                               | CUSIP: 87265KAF9<br>LEI: 549300TX61566GJWCN05 | Long             | DBT              | CORP              | US        |     105000 | PA      | $102043.20     | 0.00%             | 2024-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BN3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     901000 | PA      | $852327.98     | 0.00%             | 2025-02-25      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Turk Telekomunikasyon AS                                                         | Turk Telekomunikasyon AS                                                         | CUSIP: 000000000<br>LEI: 789000A2TXOI10JZLF90 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $377784.00     | 0.00%             | 2024-06-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KKZQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1756980 | PA      | $1550413.46    | 0.01%             | 2051-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 202712BQ7<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     605000 | PA      | $452279.85     | 0.00%             | 2041-03-11      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| AIA Group Ltd                                                                    | AIA Group Ltd                                                                    | CUSIP: 00131LAF2<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |     788000 | PA      | $758977.96     | 0.00%             | 2028-04-06      | Fixed         | 3.90%                 | No            |                  2 | On Loan: —       |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEN8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     490000 | PA      | $499819.60     | 0.00%             | 2025-10-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAH6<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    1230000 | PA      | $1047615.60    | 0.01%             | 2030-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| KOREA SOUTH-EAST POWER                                                           | Korea South-East Power Co Ltd                                                    | CUSIP: 000000000<br>LEI: 988400L19KVH3DIO8255 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $356488.00     | 0.00%             | 2026-02-03      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555CT9<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     348000 | PA      | $294501.96     | 0.00%             | 2045-11-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138W9H94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     118816 | PA      | $120596.03     | 0.00%             | 2043-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                                             | Kaiser Aluminum Corp                                                             | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     340000 | PA      | $287731.80     | 0.00%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EOG RESOURCES INC                                                                | EOG Resources Inc                                                                | CUSIP: 26875PAT8<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |     512000 | PA      | $528537.60     | 0.00%             | 2050-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                                                         | NCR Corp                                                                         | CUSIP: 62886EAU2<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     680000 | PA      | $663367.20     | 0.00%             | 2027-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAP9<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     710000 | PA      | $528658.90     | 0.00%             | 2040-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                                                          | John Deere Capital Corp                                                          | CUSIP: 24422ETT6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     619000 | PA      | $602367.47     | 0.00%             | 2024-06-24      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J9SE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1105602 | PA      | $1068642.91    | 0.01%             | 2031-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                                                         | Diversified Healthcare Trust                                                     | CUSIP: 81721MAK5<br>LEI: N/A                  | Long             | DBT              |  | US        |     185000 | PA      | $160613.30     | 0.00%             | 2024-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SQV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     423735 | PA      | $396481.80     | 0.00%             | 2046-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LEH8<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     275000 | PA      | $214346.00     | 0.00%             | 2030-11-19      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                           | CUSIP: 40434LAL9<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     400000 | PA      | $357072.00     | 0.00%             | 2032-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                | CUSIP: 20826FAR7<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |      60000 | PA      | $68189.40      | 0.00%             | 2046-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CK0<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1515000 | PA      | $1328867.10    | 0.01%             | 2062-04-13      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CHINA EVERBRIGHT BANK/HK                                                         | China Everbright Bank Co Ltd/Hong Kong                                           | CUSIP: 000000000<br>LEI: 549300WVNR4RWTGIV379 | Long             | DBT              | CORP              | CN        |     800000 | PA      | $758976.00     | 0.00%             | 2024-06-15      | Fixed         | 0.84%                 | No            |                  2 | On Loan: No      |
| CAISSE D'AMORT DETTE SOC                                                         | Caisse d'Amortissement de la Dette Sociale                                       | CUSIP: 12802D2H8<br>LEI: 969500P04DQJS4BPM574 | Long             | DBT              | NUSS              | FR        |     200000 | PA      | $173748.00     | 0.00%             | 2032-01-26      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F052623<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   17172000 | PA      | $17449703.35   | 0.08%             | 2053-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ACTIVISION BLIZZARD                                                              | Activision Blizzard Inc                                                          | CUSIP: 00507VAQ2<br>LEI: 549300TPQQDBP9GNOF40 | Long             | DBT              | CORP              | US        |    1164000 | PA      | $780427.08     | 0.00%             | 2050-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNHU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   10245130 | PA      | $10271407.05   | 0.05%             | 2050-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                           | CUSIP: 11271LAJ1<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     270000 | PA      | $194208.30     | 0.00%             | 2052-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BZ8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1858000 | PA      | $1582737.30    | 0.01%             | 2031-05-12      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAQ8<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     578000 | PA      | $543898.00     | 0.00%             | 2027-09-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| NBM US Holdings Inc                                                              | NBM US Holdings Inc                                                              | CUSIP: 000000000<br>LEI: 5493008K1QMSP0J8UC24 | Long             | DBT              | CORP              | US        |     800000 | PA      | $798928.00     | 0.00%             | 2026-05-14      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                                                                 | ITT Holdings LLC                                                                 | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |     800000 | PA      | $695472.00     | 0.00%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SHINHAN BANK                                                                     | Shinhan Bank Co Ltd                                                              | CUSIP: 82460EAN0<br>LEI: 5493003P813VL21KG928 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $182490.00     | 0.00%             | 2029-04-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNUM3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5962904 | PA      | $5760158.25    | 0.03%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TCZ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2891991 | PA      | $2908378.22    | 0.01%             | 2047-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DANAHER CORP                                                                     | Danaher Corp                                                                     | CUSIP: 235851AW2<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |     870000 | PA      | $624807.90     | 0.00%             | 2051-12-10      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| KOREAREHABNRESOURCE                                                              | Korea Mine Rehabilitation & Mineral Resources Corp                               | CUSIP: 000000000<br>LEI: 988400H3GWWTNW7D1G09 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $357552.00     | 0.00%             | 2026-04-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EBF5<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     262000 | PA      | $241744.78     | 0.00%             | 2029-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                                                                      | PNC Bank NA                                                                      | CUSIP: 20453KAA3<br>LEI: C90VT034M03BN29IRA40 | Long             | DBT              | CORP              | US        |      96000 | PA      | $94183.68      | 0.00%             | 2025-04-10      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                                                         | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAF1<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |     325000 | PA      | $270998.00     | 0.00%             | 2027-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ONE Gas Inc                                                                      | ONE Gas Inc                                                                      | CUSIP: 68235PAE8<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |     253000 | PA      | $249571.85     | 0.00%             | 2024-02-01      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBZ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     435000 | PA      | $436774.80     | 0.00%             | 2026-08-09      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KAL7<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    1050000 | PA      | $974442.00     | 0.00%             | 2026-10-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF JORDAN                                                                | Jordan Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     800000 | PA      | $737648.00     | 0.00%             | 2030-07-07      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| TTX Co                                                                           | TTX Co                                                                           | CUSIP: 87305QCN9<br>LEI: 549300I8CNSYS1OGX775 | Long             | DBT              | CORP              | US        |     255000 | PA      | $236754.75     | 0.00%             | 2049-02-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| LXP INDUSTRIAL TRUST                                                             | LXP Industrial Trust                                                             | CUSIP: 529043AE1<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              |  | US        |     125000 | PA      | $103310.00     | 0.00%             | 2030-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   36900000 | PA      | $33653953.13   | 0.16%             | 2026-11-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HOAG MEMORIAL HOSPITAL                                                           | Hoag Memorial Hospital Presbyterian                                              | CUSIP: 43371HAA1<br>LEI: FZFVQHQN7LISVXIZDB30 | Long             | DBT              | CORP              | US        |     393000 | PA      | $331778.46     | 0.00%             | 2052-07-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HK                                                              | Bangkok Bank PCL/Hong Kong                                                       | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |     600000 | PA      | $509706.00     | 0.00%             | 2036-09-23      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                                                        | Jabil Inc                                                                        | CUSIP: 466313AJ2<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     492000 | PA      | $444310.44     | 0.00%             | 2030-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                     | CUSIP: 65473PAH8<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     695000 | PA      | $622233.50     | 0.00%             | 2029-09-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RMJ8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     878000 | PA      | $839499.70     | 0.00%             | 2024-03-25      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132VQGS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     214510 | PA      | $205679.37     | 0.00%             | 2049-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JZ7<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    2645000 | PA      | $2299245.60    | 0.01%             | 2028-09-13      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP OVERSEAS DEV                                                         | Sinopec Group Overseas Development 2017 Ltd                                      | CUSIP: 000000000<br>LEI: 5493001IPW8ZGQ181Z16 | Long             | DBT              | CORP              | VG        |     225000 | PA      | $215230.50     | 0.00%             | 2027-09-13      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| YUEXIU REIT MTN CO                                                               | Yuexiu REIT MTN Co Ltd                                                           | CUSIP: 000000000<br>LEI: 3003005M4VITX5HI1X77 | Long             | DBT              |  | VG        |     400000 | PA      | $351892.00     | 0.00%             | 2026-02-02      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599DD4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     588000 | PA      | $653985.36     | 0.00%             | 2031-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD / LTEE                                                             | Videotron Ltd                                                                    | CUSIP: 92660FAK0<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |     461000 | PA      | $444519.25     | 0.00%             | 2027-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LAFARGE SA                                                                       | Lafarge SA                                                                       | CUSIP: 505861AC8<br>LEI: 549300DNNL29KCEPRZ85 | Long             | DBT              | CORP              | FR        |     260000 | PA      | $287180.40     | 0.00%             | 2036-07-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| SECURIAN FINANCIAL GROUP                                                         | Securian Financial Group Inc                                                     | CUSIP: 81373PAA1<br>LEI: 5493007EAD0HGURCS836 | Long             | DBT              | CORP              | US        |      95000 | PA      | $80149.60      | 0.00%             | 2048-04-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137H9C98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   11000000 | PA      | $10700191.04   | 0.05%             | 2032-09-25      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3617NX3P3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     690843 | PA      | $621663.36     | 0.00%             | 2050-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EI SUKUK CO LTD                                                                  | EI Sukuk Co Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300IIDFP0RTSSG071 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $180158.00     | 0.00%             | 2026-11-02      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EB9<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     530000 | PA      | $399683.60     | 0.00%             | 2051-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CDP Financial Inc                                                                | CDP Financial Inc                                                                | CUSIP: 125094AC6<br>LEI: 549300OXMGVYFCBFV096 | Long             | DBT              | CORP              | CA        |     250000 | PA      | $277470.00     | 0.00%             | 2039-11-25      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ACA1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1015000 | PA      | $894407.85     | 0.00%             | 2028-02-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                                                         | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     150000 | PA      | $185728.50     | 0.00%             | 2027-11-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                                         | Uruguay Government International Bond                                            | CUSIP: 760942BD3<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    1930000 | PA      | $1922453.70    | 0.01%             | 2055-04-20      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAN7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $959902.25     | 0.00%             | 2025-04-24      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XAH88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4595693 | PA      | $3893409.87    | 0.02%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BHSH SYSTEM OBL GRP                                                              | BHSH System Obligated Group                                                      | CUSIP: 84765EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     415000 | PA      | $330111.75     | 0.00%             | 2049-07-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 035240AV2<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1319878.00    | 0.01%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| Lear Corp                                                                        | Lear Corp                                                                        | CUSIP: 521865AY1<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     147000 | PA      | $140139.51     | 0.00%             | 2027-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MASCO CORP                                                                       | Masco Corp                                                                       | CUSIP: 574599BS4<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     390000 | PA      | $332194.20     | 0.00%             | 2028-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                                   | Morgan Stanley Capital I Trust 2019-L3                                           | CUSIP: 61691UBH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     420000 | PA      | $367927.41     | 0.00%             | 2052-11-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                    | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    1615000 | PA      | $1392178.45    | 0.01%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL                                                         | Cheplapharm Arzneimittel GmbH                                                    | CUSIP: 16412EAA5<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |     400000 | PA      | $356476.00     | 0.00%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05971KAL3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     625000 | PA      | $503093.75     | 0.00%             | 2032-11-22      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                                                     | 7-Eleven Inc                                                                     | CUSIP: 817826AB6<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |    4895000 | PA      | $4681480.10    | 0.02%             | 2024-02-10      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                   | CUSIP: 855244BA6<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     628000 | PA      | $490040.96     | 0.00%             | 2050-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Engie Energia Chile SA                                                           | Engie Energia Chile SA                                                           | CUSIP: 000000000<br>LEI: 5493000FIKCC3ZDWTO77 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $195446.00     | 0.00%             | 2025-01-29      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                                                              | Rockwell Automation Inc                                                          | CUSIP: 773903AG4<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |     165000 | PA      | $159385.05     | 0.00%             | 2025-03-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800L53ZH5KG593W13 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $601284.00     | 0.00%             | 2028-11-07      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MOLSON COORS BEVERAGE                                                            | Molson Coors Beverage Co                                                         | CUSIP: 60871RAG5<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |    2004000 | PA      | $1892697.84    | 0.01%             | 2026-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                  | CUSIP: 842587DE4<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    1060000 | PA      | $992658.20     | 0.00%             | 2030-04-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PELABUHAN INDO PERSERO                                                           | Pelabuhan Indonesia Persero PT                                                   | CUSIP: 000000000<br>LEI: 254900Y6SH3NRN1A8R64 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $198500.00     | 0.00%             | 2024-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                         | CUSIP: 25468PDB9<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |     863000 | PA      | $789567.33     | 0.00%             | 2044-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 6174467X1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     873000 | PA      | $877024.53     | 0.00%             | 2025-11-24      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   37100000 | PA      | $32317578.13   | 0.15%             | 2028-07-31      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| THOMAS JEFFERSON UNIV                                                            | Thomas Jefferson University                                                      | CUSIP: 88444NAS7<br>LEI: DB1TWPCZX5RK7VR27A68 | Long             | DBT              | CORP              | US        |     287000 | PA      | $224835.80     | 0.00%             | 2057-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   88500000 | PA      | $79968046.88   | 0.38%             | 2026-02-28      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     700000 | PA      | $609259.00     | 0.00%             | 2062-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YES0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1145000 | PA      | $1109711.10    | 0.01%             | 2037-04-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAD7<br>LEI: N/A                  | Long             | DBT              |  | US        |    1158000 | PA      | $1070212.02    | 0.01%             | 2027-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| Radian Group Inc                                                                 | Radian Group Inc                                                                 | CUSIP: 750236AU5<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |     420000 | PA      | $407769.60     | 0.00%             | 2024-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP                                                          | Penske Automotive Group Inc                                                      | CUSIP: 70959WAJ2<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |     370000 | PA      | $350512.10     | 0.00%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 035240AG5<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |     846000 | PA      | $840847.86     | 0.00%             | 2042-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBX2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    2810000 | PA      | $2068525.30    | 0.01%             | 2050-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                                                            | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2740000 | PA      | $2481782.40    | 0.01%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TEXAS EASTERN TRANSMISSI                                                         | Texas Eastern Transmission LP                                                    | CUSIP: 882384AD2<br>LEI: 549300SIOULUXXIDGA69 | Long             | DBT              | CORP              | US        |      14000 | PA      | $13122.48      | 0.00%             | 2028-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AU9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     788000 | PA      | $751405.28     | 0.00%             | 2028-01-25      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31307RU86<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     185964 | PA      | $176786.66     | 0.00%             | 2031-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                      | Netflix Inc                                                                      | CUSIP: 64110LAV8<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     665000 | PA      | $658157.15     | 0.00%             | 2030-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                                                      | Viatris Inc                                                                      | CUSIP: 92556VAB2<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |     802000 | PA      | $737398.90     | 0.00%             | 2025-06-22      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc                                                           | Brookfield Finance Inc                                                           | CUSIP: 11271LAC6<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     537000 | PA      | $512824.26     | 0.00%             | 2028-01-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                                                         | Scientific Games International Inc                                               | CUSIP: 80874YBG4<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     330000 | PA      | $338434.80     | 0.00%             | 2025-07-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBV5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     380000 | PA      | $321860.00     | 0.00%             | 2050-05-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                                                | International Finance Corp                                                       | CUSIP: 45950KCT5<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |       5000 | PA      | $4576.50       | 0.00%             | 2025-07-16      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                                                          | Wisconsin Power and Light Co                                                     | CUSIP: 976826BP1<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |     265000 | PA      | $215561.60     | 0.00%             | 2031-09-16      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13645RAU8<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     357000 | PA      | $346282.86     | 0.00%             | 2045-08-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMAE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   13816356 | PA      | $11661582.64   | 0.06%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                                          | Nationwide Building Society                                                      | CUSIP: 63859WAE9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     575000 | PA      | $538976.25     | 0.00%             | 2026-09-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BN3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1405000 | PA      | $1250169.00    | 0.01%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109BF7<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     425000 | PA      | $395925.75     | 0.00%             | 2026-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAF7<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     200000 | PA      | $199342.00     | 0.00%             | 2028-05-25      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAT3<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     522000 | PA      | $524897.10     | 0.00%             | 2029-01-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                                                            | Nippon Life Insurance Co                                                         | CUSIP: 654579AG6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    1030000 | PA      | $913167.10     | 0.00%             | 2050-01-23      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                                                               | CommScope Technologies LLC                                                       | CUSIP: 20337YAA5<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |     994000 | PA      | $941586.38     | 0.00%             | 2025-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PAY4<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     493000 | PA      | $468931.74     | 0.00%             | 2028-02-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Physicians Realty LP                                                             | Physicians Realty LP                                                             | CUSIP: 71951QAB8<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              |  | US        |     120000 | PA      | $113028.00     | 0.00%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE OKLAHOMA                                                          | Public Service Co of Oklahoma                                                    | CUSIP: 744533BP4<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |     180000 | PA      | $128457.00     | 0.00%             | 2051-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ZHONGYUAN ZHICHE                                                                 | Zhongyuan Zhicheng Co Ltd                                                        | CUSIP: 000000000<br>LEI: 300300EML582HGX8DB82 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $360296.00     | 0.00%             | 2026-07-06      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YAJ4<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     840000 | PA      | $797622.00     | 0.00%             | 2043-05-18      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WCE9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     666000 | PA      | $638154.54     | 0.00%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179R7J2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     428940 | PA      | $414029.79     | 0.00%             | 2046-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL SERVICES                                                         | Hyundai Capital Services Inc                                                     | CUSIP: 000000000<br>LEI: 549300MALMDAGL2ZJJ27 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $179028.00     | 0.00%             | 2027-01-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JDE PEET'S NV                                                                    | JDE Peet's NV                                                                    | CUSIP: 47216QAA1<br>LEI: 724500EHG519SE5ZRT89 | Long             | DBT              | CORP              | NL        |     150000 | PA      | $138496.50     | 0.00%             | 2024-09-24      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 86765BAK5<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |     299000 | PA      | $295657.18     | 0.00%             | 2042-02-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YBZ1<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    2543000 | PA      | $2450790.82    | 0.01%             | 2024-11-21      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 17327CAM5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1690000 | PA      | $1505925.20    | 0.01%             | 2027-01-28      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL                                                         | Jackson National Life Global Funding                                             | CUSIP: 46849LTL5<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |     150000 | PA      | $131568.00     | 0.00%             | 2029-06-21      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QBQ2<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    1128000 | PA      | $844556.16     | 0.00%             | 2061-02-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CT5<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     824000 | PA      | $785939.44     | 0.00%             | 2030-03-25      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                                                                        | Mosaic Co/The                                                                    | CUSIP: 61945CAG8<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |     860000 | PA      | $840151.20     | 0.00%             | 2027-11-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                               | Banco Santander SA                                                               | CUSIP: 05964HAB1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     875000 | PA      | $851856.25     | 0.00%             | 2027-04-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| EXPERIAN FINANCE PLC                                                             | Experian Finance PLC                                                             | CUSIP: 30217AAC7<br>LEI: 635400RKRK5EGXSPC782 | Long             | DBT              | CORP              | GB        |     935000 | PA      | $801837.30     | 0.00%             | 2030-03-08      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                     | CUSIP: 001192AH6<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     184000 | PA      | $194633.36     | 0.00%             | 2041-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                                                            | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AP1<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |     380000 | PA      | $374231.60     | 0.00%             | 2026-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Sempra Energy                                                                    | Sempra Energy                                                                    | CUSIP: 816851BJ7<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     583000 | PA      | $490419.60     | 0.00%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mayo Clinic                                                                      | Mayo Clinic                                                                      | CUSIP: 578454AD2<br>LEI: 5493001OHMD58DCY4635 | Long             | DBT              | CORP              | US        |     290000 | PA      | $262780.60     | 0.00%             | 2052-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TKG9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     640000 | PA      | $637203.20     | 0.00%             | 2024-09-20      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                          | CUSIP: 56585AAJ1<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |     465000 | PA      | $419262.60     | 0.00%             | 2054-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                         | CUSIP: 21871XAL3<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     565000 | PA      | $484046.80     | 0.00%             | 2052-04-05      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                              | CUSIP: 291011BN3<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |     745000 | PA      | $622700.80     | 0.00%             | 2030-10-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                                                  | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $506772.00     | 0.00%             | 2031-04-23      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC                                                                 | MDC Holdings Inc                                                                 | CUSIP: 552676AV0<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |     305000 | PA      | $183460.55     | 0.00%             | 2061-08-06      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                                                              | Braskem Netherlands Finance BV                                                   | CUSIP: N15516AE2<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |     800000 | PA      | $665536.00     | 0.00%             | 2050-01-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Juniper Networks Inc                                                             | Juniper Networks Inc                                                             | CUSIP: 48203RAD6<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |     424000 | PA      | $426972.24     | 0.00%             | 2041-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FD4<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |      50000 | PA      | $52449.00      | 0.00%             | 2041-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOTTE PROPERTY & DEVELOP                                                         | LOTTE Property & Development Co Ltd                                              | CUSIP: 000000000<br>LEI: 988400OLPNHXNWSTMB93 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $196026.00     | 0.00%             | 2025-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92344GAM8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     245000 | PA      | $289602.25     | 0.00%             | 2030-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                | CUSIP: 50249AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     685000 | PA      | $556946.10     | 0.00%             | 2049-10-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| TNB GLOBAL VENTURES CAP                                                          | TNB Global Ventures Capital Bhd                                                  | CUSIP: 000000000<br>LEI: 5493004U8XEGPFWIBZ14 | Long             | DBT              | CORP              | MY        |     400000 | PA      | $373104.00     | 0.00%             | 2026-10-19      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBC0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     555000 | PA      | $541163.85     | 0.00%             | 2025-04-25      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| HERBALIFE/HLF FINANCING                                                          | Herbalife Nutrition Ltd / HLF Financing Inc                                      | CUSIP: 42704MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     395000 | PA      | $372413.90     | 0.00%             | 2025-09-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JC9<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    1768000 | PA      | $1687750.48    | 0.01%             | 2024-08-05      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044CK5<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     289000 | PA      | $331341.39     | 0.00%             | 2038-04-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687EZ5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     335000 | PA      | $449181.40     | 0.00%             | 2045-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                                                               | Morocco Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    1600000 | PA      | $1100176.00    | 0.01%             | 2050-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                                                          | National Australia Bank Ltd                                                      | CUSIP: 6325C0DZ1<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |    1300000 | PA      | $1222598.00    | 0.01%             | 2025-01-12      | Fixed         | 1.39%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TSG1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2934469 | PA      | $2822890.43    | 0.01%             | 2048-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XEB8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     600000 | PA      | $617082.00     | 0.00%             | 2028-01-09      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAD1<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     705000 | PA      | $814451.25     | 0.00%             | 2037-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    2650000 | PA      | $2569095.50    | 0.01%             | 2028-03-04      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KOREA GAS CORP                                                                   | Korea Gas Corp                                                                   | CUSIP: 50066CAH2<br>LEI: 988400TFZILHBD5M3R71 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $382564.00     | 0.00%             | 2026-07-02      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Arch Capital Finance LLC                                                         | Arch Capital Finance LLC                                                         | CUSIP: 03939CAA1<br>LEI: 549300XG4URFY0200M65 | Long             | DBT              | CORP              | US        |      72000 | PA      | $71375.04      | 0.00%             | 2026-12-15      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                      | CUSIP: 85771PAN2<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    1164000 | PA      | $1151743.08    | 0.01%             | 2024-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Nordic Investment Bank                                                           | Nordic Investment Bank                                                           | CUSIP: 65562QBL8<br>LEI: 213800HYL1S7VAXG6Z48 | Long             | DBT              | NUSS              | XX        |     363000 | PA      | $352208.01     | 0.00%             | 2024-05-21      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAM1<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     470000 | PA      | $414065.30     | 0.00%             | 2047-05-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Aptim Corp                                                                       | Aptim Corp                                                                       | CUSIP: 12595DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     363000 | PA      | $258524.97     | 0.00%             | 2025-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| REGENCY CENTERS LP                                                               | Regency Centers LP                                                               | CUSIP: 75884RBA0<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     170000 | PA      | $154166.20     | 0.00%             | 2030-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WHARF REIC FINANCE BVI                                                           | Wharf REIC Finance BVI Ltd                                                       | CUSIP: 000000000<br>LEI: 254900N6PHCMYYNUWV59 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $526626.00     | 0.00%             | 2030-05-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VGP3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     615000 | PA      | $505161.00     | 0.00%             | 2052-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc                                                                       | Fiserv Inc                                                                       | CUSIP: 337738AR9<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     459000 | PA      | $446932.89     | 0.00%             | 2028-10-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555CY8<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     295000 | PA      | $244354.40     | 0.00%             | 2049-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAQ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2200000 | PA      | $1811326.00    | 0.01%             | 2041-08-14      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| VITAL ENERGY INC                                                                 | Vital Energy Inc                                                                 | CUSIP: 516806AF3<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     465000 | PA      | $469171.05     | 0.00%             | 2025-01-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F030629<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |  128701000 | PA      | $116896705.16  | 0.56%             | 2053-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     400000 | PA      | $359440.00     | 0.00%             | 2025-10-06      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BJ8<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    1593000 | PA      | $1150241.58    | 0.01%             | 2049-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                         | CUSIP: 298785GS9<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    4416000 | PA      | $4215160.32    | 0.02%             | 2025-02-10      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJRT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     787183 | PA      | $747608.79     | 0.00%             | 2032-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FRED HUTCH CNCR CTR                                                              | Fred Hutchinson Cancer Center                                                    | CUSIP: 35561RAA5<br>LEI: 549300ESFMVM81MJ8C69 | Long             | DBT              | CORP              | US        |     114000 | PA      | $114339.72     | 0.00%             | 2052-01-01      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0HY8<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     650000 | PA      | $608010.00     | 0.00%             | 2026-09-06      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                              | CUSIP: 025816CW7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     370000 | PA      | $361560.30     | 0.00%             | 2029-05-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DaVita Inc                                                                       | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    1220000 | PA      | $948415.80     | 0.00%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200HU8<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    1482000 | PA      | $1462645.08    | 0.01%             | 2024-02-12      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Transocean Poseidon Ltd                                                          | Transocean Poseidon Ltd                                                          | CUSIP: 89383JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     266875 | PA      | $264961.51     | 0.00%             | 2027-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                           | Lumen Technologies Inc                                                           | CUSIP: 156700AZ9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     309000 | PA      | $296568.93     | 0.00%             | 2025-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| CNAC HK FINBRIDGE CO LTD                                                         | CNAC HK Finbridge Co Ltd                                                         | CUSIP: 000000000<br>LEI: 549300US1UQ7R7WABI28 | Long             | DBT              | CORP              | HK        |    1200000 | PA      | $1030848.00    | 0.00%             | 2030-09-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                                       | Pfizer Inc                                                                       | CUSIP: 717081FA6<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     293000 | PA      | $213916.37     | 0.00%             | 2050-05-28      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                                                           | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     410000 | PA      | $332546.90     | 0.00%             | 2031-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HPHT FINANCE 21 II LTD                                                           | HPHT Finance 21 II Ltd                                                           | CUSIP: 000000000<br>LEI: 254900SLH6EYTB8QK559 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $353560.00     | 0.00%             | 2026-09-17      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ADVENTIST HEALTH SYS/W                                                           | Adventist Health System/West                                                     | CUSIP: 007944AH4<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |     200000 | PA      | $204188.00     | 0.00%             | 2032-03-01      | Fixed         | 5.43%                 | No            |                  2 | On Loan: No      |
| TENNESSEE GAS PIPELINE                                                           | Tennessee Gas Pipeline Co LLC                                                    | CUSIP: 880451AU3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      55000 | PA      | $62987.65      | 0.00%             | 2037-04-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| BJ STATE-OWNED AST HK CO                                                         | Beijing State-Owned Assets Management Hong Kong Co Ltd                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | HK        |     500000 | PA      | $486255.00     | 0.00%             | 2025-05-26      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| JANUS HEND US HLDGS INC                                                          | Janus Henderson US Holdings Inc                                                  | CUSIP: 47102XAJ4<br>LEI: 8T2ZO87FU1KVPZIG9I59 | Long             | DBT              | CORP              | US        |     158000 | PA      | $156985.64     | 0.00%             | 2025-08-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     116000 | PA      | $102013.88     | 0.00%             | 2029-11-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAP5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2000000 | PA      | $1348720.00    | 0.01%             | 2071-04-19      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MIDEA INVST DEVELOPMENT                                                          | Midea Investment Development Co Ltd                                              | CUSIP: 000000000<br>LEI: 2549002AFC0XU0PWCW23 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $370156.00     | 0.00%             | 2027-02-24      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAP INC                                                          | GlaxoSmithKline Capital Inc                                                      | CUSIP: 377372AJ6<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |     299000 | PA      | $276386.63     | 0.00%             | 2043-03-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Mylan Inc                                                                        | Mylan Inc                                                                        | CUSIP: 628530BK2<br>LEI: 30ZMPDNA1RHIBH89C294 | Long             | DBT              | CORP              | US        |     734000 | PA      | $707744.82     | 0.00%             | 2028-04-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525AV5<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    1645000 | PA      | $1524405.05    | 0.01%             | 2047-05-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ALSEA S.A.                                                                       | Alsea SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 4469000001BJLPKNUN21 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $405812.00     | 0.00%             | 2026-12-14      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                               | CUSIP: 25243YBG3<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |     900000 | PA      | $936675.00     | 0.00%             | 2027-10-24      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                                                          | America Movil SAB de CV                                                          | CUSIP: 02364WBK0<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |      50000 | PA      | $49325.00      | 0.00%             | 2032-07-21      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                       | CUSIP: 244199BJ3<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     425000 | PA      | $393983.50     | 0.00%             | 2030-04-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BF0<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     672000 | PA      | $627742.08     | 0.00%             | 2039-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY FINANCE LTD                                                          | Studio City Finance Ltd                                                          | CUSIP: 86389QAF9<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |     390000 | PA      | $352552.20     | 0.00%             | 2028-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Crown Cork & Seal Co Inc                                                         | Crown Cork & Seal Co Inc                                                         | CUSIP: 228255AH8<br>LEI: 7HLDMDH0ZXNUH6PT7Z42 | Long             | DBT              | CORP              | US        |     235000 | PA      | $245431.65     | 0.00%             | 2026-12-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAF6<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |     496000 | PA      | $393035.36     | 0.00%             | 2051-03-17      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| POSCO                                                                            | POSCO                                                                            | CUSIP: 000000000<br>LEI: 9884000N94NH7G6LQ816 | Long             | DBT              | CORP              | KR        |     825000 | PA      | $782149.50     | 0.00%             | 2025-01-17      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                                                                  | IHS Holding Ltd                                                                  | CUSIP: 000000000<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $169256.00     | 0.00%             | 2026-11-29      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                         | Electricite de France SA                                                         | CUSIP: 268317AS3<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    2460000 | PA      | $2391169.20    | 0.01%             | 2025-10-13      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                                                              | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    1000000 | PA      | $779340.00     | 0.00%             | 2028-09-28      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                                                   | Public Storage                                                                   | CUSIP: 74460WAE7<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |     540000 | PA      | $460782.00     | 0.00%             | 2031-05-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| NORDIC INVESTMENT BANK                                                           | Nordic Investment Bank                                                           | CUSIP: 65562QBP9<br>LEI: 213800HYL1S7VAXG6Z48 | Long             | DBT              | NUSS              | XX        |     480000 | PA      | $436502.40     | 0.00%             | 2025-09-11      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                                                         | Corporate Office Properties LP                                                   | CUSIP: 22003BAL0<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |      40000 | PA      | $36248.80      | 0.00%             | 2026-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AID-ISRAEL                                                                       | Israel Government AID Bond                                                       | CUSIP: 46513EFG2<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |      70000 | PA      | $78469.30      | 0.00%             | 2033-09-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EULA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       6613 | PA      | $6516.85       | 0.00%             | 2031-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                                                            | Brooklyn Union Gas Co/The                                                        | CUSIP: 114259AN4<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |     485000 | PA      | $457903.05     | 0.00%             | 2026-03-10      | Fixed         | 3.41%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HBE8<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     405000 | PA      | $403845.75     | 0.00%             | 2025-07-03      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                | CUSIP: 872898AJ0<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |     560000 | PA      | $559451.20     | 0.00%             | 2052-04-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United Overseas Bank Ltd                                                         | United Overseas Bank Ltd                                                         | CUSIP: 91127KAC6<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |     825000 | PA      | $808838.25     | 0.00%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GREENKO POWER II LTD                                                             | Greenko Power II Ltd                                                             | CUSIP: 000000000<br>LEI: 254900YYA4B6O2O4JM12 | Long             | DBT              | CORP              | MU        |     573000 | PA      | $494859.99     | 0.00%             | 2028-12-13      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2015-LC22                                  | CUSIP: 94989TAZ7<br>LEI: 549300XO83D3BDYP0P62 | Long             | ABS-MBS          | CORP              | US        |    1000000 | PA      | $967217.54     | 0.00%             | 2058-09-15      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630DL9<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     600000 | PA      | $528036.00     | 0.00%             | 2026-09-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| WK KELLOGG FOUNDATION TR                                                         | WK Kellogg Foundation Trust                                                      | CUSIP: 92942HAA8<br>LEI: 549300COGKZN05K8P881 | Long             | DBT              | CORP              | US        |      25000 | PA      | $16432.00      | 0.00%             | 2050-10-01      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| NAVIOS SA LOGIST/FIN US                                                          | Navios South American Logistics Inc / Navios Logistics Finance US Inc            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     200000 | PA      | $197960.00     | 0.00%             | 2025-07-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QAXL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     134962 | PA      | $137673.12     | 0.00%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                      | CUSIP: 30161NAS0<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     239000 | PA      | $235144.93     | 0.00%             | 2045-06-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FREEPORT INDONESIA PT                                                            | Freeport Indonesia PT                                                            | CUSIP: 000000000<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $370900.00     | 0.00%             | 2052-04-14      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06367WB85<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     362000 | PA      | $340493.58     | 0.00%             | 2025-05-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| WILLIS-KNIGHTON MED CTR                                                          | Willis-Knighton Medical Center                                                   | CUSIP: 97068LAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     380000 | PA      | $257552.60     | 0.00%             | 2051-03-01      | Fixed         | 3.07%                 | No            |                  2 | On Loan: —       |
| Dominican Republic                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    1300000 | PA      | $1197846.00    | 0.01%             | 2045-01-27      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDQ2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     462000 | PA      | $438863.04     | 0.00%             | 2048-12-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                                                              | Northern Trust Corp                                                              | CUSIP: 665859AV6<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |     770000 | PA      | $653437.40     | 0.00%             | 2030-05-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                                                           | Credit Suisse AG/New York NY                                                     | CUSIP: 22550L2M2<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |     530000 | PA      | $556150.20     | 0.00%             | 2028-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    1200000 | PA      | $1007916.00    | 0.00%             | 2031-09-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JB0<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    9615000 | PA      | $8891855.85    | 0.04%             | 2025-04-22      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $608472.00     | 0.00%             | 2026-04-08      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PIEDMONT HEALTHCARE INC                                                          | Piedmont Healthcare Inc                                                          | CUSIP: 72014TAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     188000 | PA      | $136521.84     | 0.00%             | 2042-01-01      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BN8<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     511000 | PA      | $470043.35     | 0.00%             | 2052-09-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769GQ1<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    2752000 | PA      | $2623151.36    | 0.01%             | 2025-05-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAN4<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     406000 | PA      | $386406.44     | 0.00%             | 2025-03-03      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ONE Gas Inc                                                                      | ONE Gas Inc                                                                      | CUSIP: 68235PAG3<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |     375000 | PA      | $334950.00     | 0.00%             | 2048-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                              | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     545000 | PA      | $516987.00     | 0.00%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     852000 | PA      | $762165.12     | 0.00%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AS4<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     685000 | PA      | $573749.15     | 0.00%             | 2048-08-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                         | CUSIP: 92826CAM4<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     682000 | PA      | $595842.94     | 0.00%             | 2030-04-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                                                             | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     600000 | PA      | $484368.00     | 0.00%             | 2033-01-29      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3622A26Q0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     389349 | PA      | $374304.51     | 0.00%             | 2048-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TFT7<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     326000 | PA      | $314932.30     | 0.00%             | 2029-01-08      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AK5<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |     398000 | PA      | $405450.56     | 0.00%             | 2028-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDZ1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |      70000 | PA      | $71521.80      | 0.00%             | 2025-11-07      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     683000 | PA      | $674353.22     | 0.00%             | 2024-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582CD2<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     767000 | PA      | $687109.28     | 0.00%             | 2029-11-07      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WF3G9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      60599 | PA      | $57936.22      | 0.00%             | 2045-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                                             | Colombia Government International Bond                                           | CUSIP: 195325DQ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    2000000 | PA      | $1416780.00    | 0.01%             | 2049-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                          | CUSIP: 03836WAB9<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |     835000 | PA      | $777443.45     | 0.00%             | 2029-05-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                                                           | Bunge Ltd Finance Corp                                                           | CUSIP: 120568BC3<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |     660000 | PA      | $565606.80     | 0.00%             | 2031-05-14      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 48126BAA1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1475908.00    | 0.01%             | 2042-01-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NBL8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     120000 | PA      | $114280.80     | 0.00%             | 2025-02-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAU1<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |     235000 | PA      | $205462.85     | 0.00%             | 2030-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO                                                          | KazMunayGas National Co JSC                                                      | CUSIP: 000000000<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     200000 | PA      | $196306.00     | 0.00%             | 2025-04-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkey Government International Bond                                             | CUSIP: 900123CZ1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1800000 | PA      | $1716012.00    | 0.01%             | 2025-10-14      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                          | CUSIP: 04316JAA7<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     585000 | PA      | $481361.40     | 0.00%             | 2031-11-09      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAW9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     815000 | PA      | $795684.50     | 0.00%             | 2028-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co LLC                                                          | AEP Transmission Co LLC                                                          | CUSIP: 00115AAE9<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     105000 | PA      | $100015.65     | 0.00%             | 2026-12-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RDK5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     640000 | PA      | $566572.80     | 0.00%             | 2049-03-09      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WF6J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      27189 | PA      | $25819.73      | 0.00%             | 2030-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X4EZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     213691 | PA      | $214238.28     | 0.00%             | 2049-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110BN3<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    2990000 | PA      | $2861788.80    | 0.01%             | 2025-01-13      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                                                               | Panama Government International Bond                                             | CUSIP: 698299BS2<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1200000 | PA      | $894804.00     | 0.00%             | 2063-01-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HHZ6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     985000 | PA      | $921969.85     | 0.00%             | 2025-05-12      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ER5J5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     220779 | PA      | $205143.94     | 0.00%             | 2047-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LIFE STORAGE LP                                                                  | Life Storage LP                                                                  | CUSIP: 53227JAC8<br>LEI: X0MIGH67XZCB7HL1A534 | Long             | DBT              |  | US        |     425000 | PA      | $342720.00     | 0.00%             | 2030-10-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALT                                                         | Rexford Industrial Realty LP                                                     | CUSIP: 76169XAA2<br>LEI: 549300028US163ELJN70 | Long             | DBT              |  | US        |     370000 | PA      | $302256.70     | 0.00%             | 2030-12-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                              | CUSIP: 002824BF6<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    1868000 | PA      | $1844276.40    | 0.01%             | 2026-11-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Graham Holdings Co                                                               | Graham Holdings Co                                                               | CUSIP: 384637AA2<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | DBT              | CORP              | US        |     270000 | PA      | $266892.30     | 0.00%             | 2026-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                                                     | WP Carey Inc                                                                     | CUSIP: 92936UAJ8<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     240000 | PA      | $195880.80     | 0.00%             | 2032-02-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ELBU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      22958 | PA      | $23727.02      | 0.00%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Genworth Holdings Inc                                                            | Genworth Holdings Inc                                                            | CUSIP: 37247DAB2<br>LEI: PXDECZED7L8SRUP41R09 | Long             | DBT              | CORP              | US        |     240000 | PA      | $216009.60     | 0.00%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818FA1<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     758000 | PA      | $745189.80     | 0.00%             | 2024-03-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406YAA0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     758000 | PA      | $702916.14     | 0.00%             | 2029-08-23      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                              | CUSIP: 302635AH0<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |     700000 | PA      | $605101.00     | 0.00%             | 2027-01-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                                                        | WRKCo Inc                                                                        | CUSIP: 92940PAF1<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     342000 | PA      | $324144.18     | 0.00%             | 2032-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                                              | NCL Corp Ltd                                                                     | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     630000 | PA      | $586593.00     | 0.00%             | 2027-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312AN6<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     115000 | PA      | $117265.50     | 0.00%             | 2040-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CN0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     560000 | PA      | $504246.40     | 0.00%             | 2025-12-02      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VBG8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1135000 | PA      | $965521.80     | 0.00%             | 2042-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EBX2<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     320000 | PA      | $260880.00     | 0.00%             | 2031-08-12      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91086QAS7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1200000 | PA      | $1312608.00    | 0.01%             | 2034-09-27      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABZ9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     745000 | PA      | $658788.60     | 0.00%             | 2026-09-17      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY BANK                                                                   | Synchrony Bank                                                                   | CUSIP: 87166FAD5<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |     550000 | PA      | $547706.50     | 0.00%             | 2025-08-22      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                            | CUSIP: 575718AB7<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |     338000 | PA      | $321907.82     | 0.00%             | 2114-07-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| CHINA OVERSEAS FIN KY VI                                                         | China Overseas Finance Cayman VI Ltd                                             | CUSIP: 000000000<br>LEI: 3003000GRJQBQQJ25K03 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $200784.00     | 0.00%             | 2024-05-08      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Booking Holdings Inc                                                             | Booking Holdings Inc                                                             | CUSIP: 741503AW6<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |     226000 | PA      | $221150.04     | 0.00%             | 2025-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER                                                                 | Triton Container International Ltd                                               | CUSIP: 89680YAB1<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |    1558000 | PA      | $1452554.56    | 0.01%             | 2024-06-07      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BR2<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     675000 | PA      | $713427.75     | 0.00%             | 2029-01-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140HJJL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     750052 | PA      | $757856.94     | 0.00%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                                                 | HSBC Bank USA NA/New York NY                                                     | CUSIP: 4042Q1AA5<br>LEI: 1IE8VN30JCEQV1H4R804 | Long             | DBT              | CORP              | US        |     180000 | PA      | $178254.00     | 0.00%             | 2034-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BANCOLOMBIA SA                                                                   | Bancolombia SA                                                                   | CUSIP: 05968LAM4<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |     600000 | PA      | $569166.00     | 0.00%             | 2025-01-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SIRIUSPOINT LTD                                                                  | SiriusPoint Ltd                                                                  | CUSIP: 82968FAA2<br>LEI: 549300OGXFI85N3YZZ51 | Long             | DBT              | CORP              | BM        |    1305000 | PA      | $1124192.25    | 0.01%             | 2026-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EZH3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     515000 | PA      | $509340.15     | 0.00%             | 2024-07-26      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Gray Television Inc                                                              | Gray Television Inc                                                              | CUSIP: 389284AA8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     544000 | PA      | $494381.76     | 0.00%             | 2027-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| HYUNDAI CAPITAL SERVICES                                                         | Hyundai Capital Services Inc                                                     | CUSIP: 000000000<br>LEI: 549300MALMDAGL2ZJJ27 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $370152.00     | 0.00%             | 2025-04-24      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                            | Uber Technologies Inc                                                            | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    1044000 | PA      | $930976.56     | 0.00%             | 2029-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $579132.00     | 0.00%             | 2029-04-19      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13645RBG8<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     245000 | PA      | $194302.15     | 0.00%             | 2041-12-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAR9<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |      65000 | PA      | $62279.10      | 0.00%             | 2027-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     600000 | PA      | $585228.00     | 0.00%             | 2027-07-18      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                                                           | Credit Suisse AG/New York NY                                                     | CUSIP: 22550L2K6<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |     950000 | PA      | $903117.50     | 0.00%             | 2027-07-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8H24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6994359 | PA      | $6374521.88    | 0.03%             | 2036-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WEZ2<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     650000 | PA      | $651651.00     | 0.00%             | 2033-01-28      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC                                      | BBCMS Mortgage Trust 2022-C18                                                    | CUSIP: 054975AE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1260000 | PA      | $1365171.76    | 0.01%             | 2055-12-15      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                                                      | Avient Corp                                                                      | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |     435000 | PA      | $440111.25     | 0.00%             | 2030-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HJT8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1396000 | PA      | $1383394.12    | 0.01%             | 2024-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJZF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     549176 | PA      | $510790.75     | 0.00%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                 | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     600000 | PA      | $536946.00     | 0.00%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 2SARL                                                           | Albion Financing 2SARL                                                           | CUSIP: 013305AA5<br>LEI: 2594009X2UW7EQPIKY23 | Long             | DBT              | CORP              | LU        |     300000 | PA      | $255528.00     | 0.00%             | 2027-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDPA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   18125313 | PA      | $17328865.34   | 0.08%             | 2045-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                    | CUSIP: 143658BJ0<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     534000 | PA      | $548877.24     | 0.00%             | 2027-08-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                                         | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     764000 | PA      | $681503.28     | 0.00%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3131XVS48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     444739 | PA      | $424855.08     | 0.00%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828YV6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   27300000 | PA      | $25972324.29   | 0.12%             | 2024-11-30      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| C&W Senior Financing DAC                                                         | C&W Senior Financing DAC                                                         | CUSIP: 12674TAA4<br>LEI: 5493009O8OIWZPZRY516 | Long             | DBT              | CORP              | IE        |     975000 | PA      | $932499.75     | 0.00%             | 2027-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                                                          | KeyCorp                                                                          | CUSIP: 49326EEN9<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |     710000 | PA      | $696190.50     | 0.00%             | 2033-06-01      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                 | CUSIP: 373334KR1<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     478000 | PA      | $481302.98     | 0.00%             | 2052-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                              | CUSIP: 302635AE7<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |     639000 | PA      | $614884.14     | 0.00%             | 2025-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| SENAAT SUKUK LIMITED                                                             | Senaat Sukuk Ltd                                                                 | CUSIP: 000000000<br>LEI: 5493005QT1H61U928I30 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $198114.00     | 0.00%             | 2025-12-05      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                                           | Protective Life Global Funding                                                   | CUSIP: 74368CBH6<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    1060000 | PA      | $933881.20     | 0.00%             | 2026-09-20      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| SABIC CAPITAL I BV                                                               | SABIC Capital I BV                                                               | CUSIP: 000000000<br>LEI: 213800LBMMAIG1FQP389 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $300000.00     | 0.00%             | 2050-09-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SIAM COMMERCIAL BANK CAY                                                         | Siam Commercial Bank PCL/Cayman Islands                                          | CUSIP: 000000000<br>LEI: 54930068OELHUBHH1U03 | Long             | DBT              | CORP              | TH        |     400000 | PA      | $389196.00     | 0.00%             | 2029-02-11      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PES7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    1180000 | PA      | $1352492.40    | 0.01%             | 2053-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                                               | Sonoco Products Co                                                               | CUSIP: 835495AM4<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |     850000 | PA      | $798209.50     | 0.00%             | 2025-02-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132ADPE2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     283842 | PA      | $284569.63     | 0.00%             | 2048-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NY STATE ELECTRIC & GAS                                                          | New York State Electric & Gas Corp                                               | CUSIP: 649840CR4<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |     843000 | PA      | $603158.07     | 0.00%             | 2049-09-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAY1<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     415000 | PA      | $354800.10     | 0.00%             | 2031-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| FORTUNE STAR BVI LTD                                                             | Fortune Star BVI Ltd                                                             | CUSIP: 000000000<br>LEI: 2549008CU8NYQQRSNU62 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $163542.00     | 0.00%             | 2026-05-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081DT7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     442000 | PA      | $488706.14     | 0.00%             | 2040-09-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109BZ3<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     415000 | PA      | $360983.60     | 0.00%             | 2042-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                          | MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE                                 | CUSIP: 576000ZW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1765000 | PA      | $1340127.44    | 0.01%             | 2043-05-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370BZ2<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     160000 | PA      | $162086.40     | 0.00%             | 2029-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| DISCOVER FINANCIAL SVS                                                           | Discover Financial Services                                                      | CUSIP: 254709AL2<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |     245000 | PA      | $237944.00     | 0.00%             | 2025-03-04      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AVAYA INC                                                                        | Avaya Inc                                                                        | CUSIP: 053499AL3<br>LEI: J6LB5QIFSP2MFEFG4U76 | Long             | DBT              | CORP              | US        |     645000 | PA      | $190674.90     | 0.00%             | 2028-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MINERALS TECHNOLOGIES IN                                                         | Minerals Technologies Inc                                                        | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |     250000 | PA      | $228630.00     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AV0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    1000000 | PA      | $1053040.00    | 0.01%             | 2034-01-12      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AJ8<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     615000 | PA      | $599649.60     | 0.00%             | 2027-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AQ0<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     170000 | PA      | $145747.80     | 0.00%             | 2030-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                              | Georgia-Pacific LLC                                                              | CUSIP: 373298BU1<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |      25000 | PA      | $31545.50      | 0.00%             | 2031-05-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TJF3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    1060000 | PA      | $943506.00     | 0.00%             | 2028-04-06      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY                                                          | Cooperatieve Rabobank UA/NY                                                      | CUSIP: 21688AAE2<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     634000 | PA      | $617084.88     | 0.00%             | 2025-05-21      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAH4<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     870000 | PA      | $815451.00     | 0.00%             | 2025-02-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NEW GOLD INC                                                                     | New Gold Inc                                                                     | CUSIP: 644535AH9<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |     255000 | PA      | $238080.75     | 0.00%             | 2027-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QBR0<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     530000 | PA      | $422839.30     | 0.00%             | 2041-06-17      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                                           | Santander Drive Auto Receivables Trust 2023-1                                    | CUSIP: 80287GAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8530000 | PA      | $8500252.31    | 0.04%             | 2030-05-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EVUP0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     154661 | PA      | $145203.08     | 0.00%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IDEX CORP                                                                        | IDEX Corp                                                                        | CUSIP: 45167RAG9<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | DBT              | CORP              | US        |     110000 | PA      | $98010.00      | 0.00%             | 2030-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAC0<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |    1000000 | PA      | $997500.00     | 0.00%             | 2024-09-10      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QK7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3400000 | PA      | $3500937.50    | 0.02%             | 2040-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                                                  | DR Horton Inc                                                                    | CUSIP: 23331ABN8<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |     401000 | PA      | $377092.38     | 0.00%             | 2025-10-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QS0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    9000000 | PA      | $9052031.25    | 0.04%             | 2041-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CS47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     941280 | PA      | $898964.11     | 0.00%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SMC GLOBAL POWER HLDGS                                                           | SMC Global Power Holdings Corp                                                   | CUSIP: 000000000<br>LEI: 549300HBCE80QXKII590 | Long             | DBT              | CORP              | PH        |     400000 | PA      | $373576.00     | 0.00%             | 2024-04-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAH6<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |     165000 | PA      | $152869.20     | 0.00%             | 2029-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                | CUSIP: 020002BH3<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     530000 | PA      | $476655.50     | 0.00%             | 2025-12-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ENDEAVOR ENERGY RESOURCE                                                         | Endeavor Energy Resources LP / EER Finance Inc                                   | CUSIP: 29260FAE0<br>LEI: 549300WY5QI80P9WHD46 | Long             | DBT              | CORP              | US        |     645000 | PA      | $637079.40     | 0.00%             | 2028-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp                                                             | Western Digital Corp                                                             | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    1649000 | PA      | $1592752.61    | 0.01%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                            | CUSIP: 88732JAU2<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    1350000 | PA      | $1388826.00    | 0.01%             | 2039-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 780097BG5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     910000 | PA      | $897414.70     | 0.00%             | 2029-05-18      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| MALLINCKRODT FIN/SB                                                              | Mallinckrodt International Finance SA / Mallinckrodt CB LLC                      | CUSIP: 561233AM9<br>LEI: 549300MQQ92LN1A0B514 | Long             | DBT              | CORP              | LU        |     430000 | PA      | $386376.50     | 0.00%             | 2028-12-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400FQ1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     375000 | PA      | $339562.50     | 0.00%             | 2040-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650BR0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     476000 | PA      | $509724.60     | 0.00%             | 2039-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                       | CUSIP: 842434CP5<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     300000 | PA      | $289404.00     | 0.00%             | 2025-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ICBCIL FINANCE CO LTD                                                            | ICBCIL Finance Co Ltd                                                            | CUSIP: 000000000<br>LEI: 549300ZCUURSNVTOEU07 | Long             | DBT              | CORP              | HK        |     600000 | PA      | $546006.00     | 0.00%             | 2026-11-02      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                | CUSIP: 37045VAS9<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     531000 | PA      | $524734.20     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COASTAL EMERALD LTD                                                              | Coastal Emerald Ltd                                                              | CUSIP: 000000000<br>LEI: 213800VJW5J633T5WS61 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $386068.00     | 0.00%             | 2024-08-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272AL2<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     443000 | PA      | $432026.89     | 0.00%             | 2025-04-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK CHINA/SG                                                           | Industrial & Commercial Bank of China Ltd/Singapore                              | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |     800000 | PA      | $732600.00     | 0.00%             | 2025-09-09      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 539439AN9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     265000 | PA      | $248763.45     | 0.00%             | 2045-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                   | CUSIP: 406216AW1<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |     783000 | PA      | $882840.33     | 0.00%             | 2038-09-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U3A9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1870000 | PA      | $1866372.20    | 0.01%             | 2028-07-25      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                                                      | Citibank NA                                                                      | CUSIP: 17325FAS7<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |     765000 | PA      | $756707.40     | 0.00%             | 2024-01-23      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                                                         | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAC5<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     280000 | PA      | $288184.40     | 0.00%             | 2027-08-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| FIRST-CITIZENS BANK/TRST                                                         | First-Citizens Bank & Trust Co                                                   | CUSIP: 12556LBJ4<br>LEI: L9VVX1KT5TFTKS0MLF66 | Long             | DBT              | CORP              | US        |     298000 | PA      | $285406.52     | 0.00%             | 2025-09-27      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| ENSTAR FINANCE LLC                                                               | Enstar Finance LLC                                                               | CUSIP: 29360AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     355500 | PA      | $293191.52     | 0.00%             | 2042-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    2600000 | PA      | $2312232.00    | 0.01%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2K2<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     105000 | PA      | $94685.85      | 0.00%             | 2026-03-02      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Republic of Belarus                                                              | Republic of Belarus International Bond                                           | CUSIP: 000000000<br>LEI: 635400CVCOWYLHF4ZB08 | Long             | DBT              | NUSS              | BY        |     600000 | PA      | $199500.00     | 0.00%             | 2030-02-28      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    2800000 | PA      | $2808764.00    | 0.01%             | 2029-04-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FI                                                         | SMBC Aviation Capital Finance DAC                                                | CUSIP: 78448TAG7<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |    1030000 | PA      | $892690.70     | 0.00%             | 2026-10-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCA7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     920000 | PA      | $871414.80     | 0.00%             | 2028-02-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WDL2<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     485000 | PA      | $447291.25     | 0.00%             | 2025-07-08      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 06417XAN1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     530000 | PA      | $529713.80     | 0.00%             | 2026-02-02      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                                      | PNC Bank NA                                                                      | CUSIP: 69353REQ7<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     405000 | PA      | $393898.95     | 0.00%             | 2025-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Avnet Inc                                                                        | Avnet Inc                                                                        | CUSIP: 053807AS2<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |     781000 | PA      | $764630.24     | 0.00%             | 2026-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286BN6<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1400000 | PA      | $1443036.00    | 0.01%             | 2026-03-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc                                                               | Cenovus Energy Inc                                                               | CUSIP: 15135UAR0<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     489000 | PA      | $472075.71     | 0.00%             | 2047-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                         | CUSIP: 126408HQ9<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     537000 | PA      | $470111.28     | 0.00%             | 2030-02-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                                                    | Methanex Corp                                                                    | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     445000 | PA      | $425384.40     | 0.00%             | 2027-10-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FY5<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     476000 | PA      | $391895.56     | 0.00%             | 2047-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAM7<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    1597000 | PA      | $1434680.92    | 0.01%             | 2026-08-21      | Fixed         | 1.53%                 | No            |                  2 | On Loan: No      |
| CLAREMONT MCKENNA                                                                | Claremont Mckenna College                                                        | CUSIP: 18013RAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     213000 | PA      | $146929.53     | 0.00%             | 2122-01-01      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| TRANSATLANTIC HOLDINGS                                                           | Transatlantic Holdings Inc                                                       | CUSIP: 893521AB0<br>LEI: RN37QJVS1BV19MNIC295 | Long             | DBT              | CORP              | US        |     130000 | PA      | $170514.50     | 0.00%             | 2039-11-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                     | CUSIP: 174610AW5<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     350000 | PA      | $274099.00     | 0.00%             | 2032-09-30      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YAR2<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |     344000 | PA      | $332276.48     | 0.00%             | 2025-08-07      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                                                           | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     590000 | PA      | $515435.80     | 0.00%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                             | Parker-Hannifin Corp                                                             | CUSIP: 70109HAN5<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     398000 | PA      | $365547.08     | 0.00%             | 2044-11-21      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                                                    | PRA Group Inc                                                                    | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |     245000 | PA      | $211258.60     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RONGSHI INTERNATIONAL FI                                                         | Rongshi International Finance Ltd                                                | CUSIP: 000000000<br>LEI: 5493002NOQBAWLD8YZ55 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $196046.00     | 0.00%             | 2024-05-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                                                              | Province of Alberta Canada                                                       | CUSIP: 013051EH6<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    1455000 | PA      | $1389495.90    | 0.01%             | 2024-11-13      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                     | CUSIP: 02079KAG2<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     919000 | PA      | $566361.32     | 0.00%             | 2060-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418C4F8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     440804 | PA      | $432405.45     | 0.00%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                            | American Airlines Inc                                                            | CUSIP: 023771S58<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    2075000 | PA      | $2310886.00    | 0.01%             | 2025-07-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| VISTA OUTDOOR INC                                                                | Vista Outdoor Inc                                                                | CUSIP: 928377AC4<br>LEI: 549300QI2D33ESTJLN81 | Long             | DBT              | CORP              | US        |     330000 | PA      | $267276.90     | 0.00%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638DT6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1600000 | PA      | $1187840.00    | 0.01%             | 2051-03-10      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                                                          | Imperial Brands Finance PLC                                                      | CUSIP: 453140AF2<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    1230000 | PA      | $1198647.30    | 0.01%             | 2025-07-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179S2R7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      28723 | PA      | $28885.96      | 0.00%             | 2047-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Woodside Finance Ltd                                                             | Woodside Finance Ltd                                                             | CUSIP: 980236AM5<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |     698000 | PA      | $676920.40     | 0.00%             | 2025-03-05      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| SUNRISE CAYMAN LTD                                                               | Sunrise Cayman Ltd                                                               | CUSIP: 000000000<br>LEI: 5493007X62IE6E7UIO72 | Long             | DBT              | CORP              | KY        |     500000 | PA      | $492210.00     | 0.00%             | 2024-03-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAM6<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     584000 | PA      | $544615.04     | 0.00%             | 2029-06-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YAZ2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     830000 | PA      | $790608.20     | 0.00%             | 2025-09-13      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMXN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5297401 | PA      | $4498176.03    | 0.02%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L                                                         | New Enterprise Stone & Lime Co Inc                                               | CUSIP: 644274AG7<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |     195000 | PA      | $185283.15     | 0.00%             | 2028-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                                                | International Finance Corp                                                       | CUSIP: 45950VHX7<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    2223000 | PA      | $2099223.36    | 0.01%             | 2026-04-07      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                                                         | Graphic Packaging International LLC                                              | CUSIP: 38869AAC1<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     325000 | PA      | $286227.50     | 0.00%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SUMMA HEALTH                                                                     | Summa Health                                                                     | CUSIP: 86564UAA8<br>LEI: 549300N4NP4BSOJ08A82 | Long             | DBT              | CORP              | US        |     331000 | PA      | $237568.63     | 0.00%             | 2051-11-15      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AL3<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     800000 | PA      | $777888.00     | 0.00%             | 2025-04-30      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| HUATONG INTNL INV HLDNS                                                          | Huatong International Investment Holdings Co Ltd                                 | CUSIP: 000000000<br>LEI: 300300JXVIQ5GRSI8Y88 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $381300.00     | 0.00%             | 2024-03-04      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PBM9<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     270000 | PA      | $266014.80     | 0.00%             | 2024-05-09      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418C2E3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     117204 | PA      | $119703.54     | 0.00%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756BW9<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    2700000 | PA      | $2122470.00    | 0.01%             | 2045-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                | CUSIP: 3620AQMP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      10669 | PA      | $10855.40      | 0.00%             | 2040-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                                                         | Sinclair Television Group Inc                                                    | CUSIP: 829259AY6<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |     450000 | PA      | $358848.00     | 0.00%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| PRUDENTIAL PLC                                                                   | Prudential PLC                                                                   | CUSIP: 000000000<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | DBT              | CORP              | GB        |     700000 | PA      | $608587.00     | 0.00%             | 2033-11-03      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ORIX Corp                                                                        | ORIX Corp                                                                        | CUSIP: 686330AL5<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     225000 | PA      | $223006.50     | 0.00%             | 2024-01-16      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844BP2<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     305000 | PA      | $301889.00     | 0.00%             | 2024-01-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAX5<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     300000 | PA      | $281826.00     | 0.00%             | 2024-10-25      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687EF9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     234000 | PA      | $262576.08     | 0.00%             | 2037-03-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                      | CUSIP: 931142EX7<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     700000 | PA      | $699937.00     | 0.00%             | 2027-09-09      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                                                            | Universal Health Services Inc                                                    | CUSIP: 913903BA7<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |     420000 | PA      | $339452.40     | 0.00%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 264399DK9<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     245000 | PA      | $265464.85     | 0.00%             | 2028-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607HVE9<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    1023000 | PA      | $914868.90     | 0.00%             | 2026-06-22      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Dollar General Corp                                                              | Dollar General Corp                                                              | CUSIP: 256677AF2<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     127000 | PA      | $123901.20     | 0.00%             | 2028-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    2000000 | PA      | $1727187.50    | 0.01%             | 2049-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP                                                           | Toll Brothers Finance Corp                                                       | CUSIP: 88947EAT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     345000 | PA      | $326677.05     | 0.00%             | 2028-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FZ6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     595000 | PA      | $480879.00     | 0.00%             | 2053-02-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCK4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     405000 | PA      | $292774.50     | 0.00%             | 2041-09-17      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                                         | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     480000 | PA      | $412828.80     | 0.00%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT                                                            | Costa Rica Government International Bond                                         | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     800000 | PA      | $778160.00     | 0.00%             | 2044-04-04      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SINOCHEM OFFSHORE CAPITA                                                         | Sinochem Offshore Capital Co Ltd                                                 | CUSIP: 000000000<br>LEI: 3003004LKKZ33WMP2P47 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $562296.00     | 0.00%             | 2024-11-24      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                    | UniCredit SpA                                                                    | CUSIP: 904678AU3<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |     776000 | PA      | $702210.16     | 0.00%             | 2026-09-22      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123AT7<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     580000 | PA      | $573799.80     | 0.00%             | 2034-02-14      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AL7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     768000 | PA      | $693388.80     | 0.00%             | 2029-09-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| APTIV PLC                                                                        | Aptiv PLC                                                                        | CUSIP: 03835VAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    1245000 | PA      | $805066.80     | 0.00%             | 2051-12-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138EQAH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      58420 | PA      | $59501.54      | 0.00%             | 2045-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SAM5<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     612000 | PA      | $477360.00     | 0.00%             | 2042-08-09      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WNF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8874075 | PA      | $8191719.33    | 0.04%             | 2051-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD CORP                                                                  | Brookfield Corp                                                                  | CUSIP: 112585AH7<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | DBT              | CORP              | CA        |     535000 | PA      | $528424.85     | 0.00%             | 2025-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05964HAR6<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     200000 | PA      | $199712.00     | 0.00%             | 2025-08-18      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                                           | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     555000 | PA      | $489454.50     | 0.00%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                                                         | Flex Ltd                                                                         | CUSIP: 33938XAE5<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |     280000 | PA      | $290332.00     | 0.00%             | 2028-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1055791.00    | 0.01%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                                         | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     795000 | PA      | $655382.10     | 0.00%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN PUBLIC SERVICE                                                         | Wisconsin Public Service Corp                                                    | CUSIP: 976843BM3<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |     500000 | PA      | $380035.00     | 0.00%             | 2049-09-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HRS1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1559000 | PA      | $1495548.70    | 0.01%             | 2026-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AJ3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     288000 | PA      | $274400.64     | 0.00%             | 2027-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                       | CUSIP: 458140AV2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     410000 | PA      | $353854.60     | 0.00%             | 2046-05-19      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Post Holdings Inc                                                                | Post Holdings Inc                                                                | CUSIP: 737446AN4<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     720000 | PA      | $695476.80     | 0.00%             | 2028-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SMBC AVIATION CAPITAL FI                                                         | SMBC Aviation Capital Finance DAC                                                | CUSIP: 78448TAF9<br>LEI: 549300OD7VKRVNWB2J98 | Long             | DBT              | CORP              | IE        |     200000 | PA      | $167904.00     | 0.00%             | 2028-06-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAQ5<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |     467000 | PA      | $454993.43     | 0.00%             | 2025-02-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                                      | PNC Bank NA                                                                      | CUSIP: 69349LAQ1<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     355000 | PA      | $351020.45     | 0.00%             | 2025-11-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                                                         | Huntington Ingalls Industries Inc                                                | CUSIP: 446413AL0<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |    1065000 | PA      | $993080.55     | 0.00%             | 2027-12-01      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| FXI HOLDINGS INC                                                                 | FXI Holdings Inc                                                                 | CUSIP: 35166FAA0<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |     623000 | PA      | $563970.75     | 0.00%             | 2026-11-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582AY8<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     856000 | PA      | $828830.56     | 0.00%             | 2043-08-12      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| AMGEN INC INDUSTRY                                                               | Amgen Inc                                                                        | CUSIP: 031162DF4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     220000 | PA      | $188247.40     | 0.00%             | 2052-02-22      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                                                             | Cornerstone Building Brands Inc                                                  | CUSIP: 21925DAA7<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |     339000 | PA      | $253585.56     | 0.00%             | 2029-01-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD                      | CUSIP: 592041WJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     250000 | PA      | $241683.50     | 0.00%             | 2026-07-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 683234AT5<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     205000 | PA      | $186117.45     | 0.00%             | 2026-04-14      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138EKCU7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      43089 | PA      | $43748.16      | 0.00%             | 2042-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | Marvell Technology Inc                                                           | CUSIP: 573874AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     941000 | PA      | $824890.01     | 0.00%             | 2028-04-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION                                                            | Flowserve Corp                                                                   | CUSIP: 34355JAB4<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |     305000 | PA      | $243658.40     | 0.00%             | 2032-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                                                                | ONEOK Partners LP                                                                | CUSIP: 68268NAC7<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |     345000 | PA      | $366562.50     | 0.00%             | 2036-10-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAQ9<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     675000 | PA      | $601863.75     | 0.00%             | 2032-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818ED6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     580000 | PA      | $564108.00     | 0.00%             | 2025-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                            | CUSIP: 666807BK7<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |     807000 | PA      | $776955.39     | 0.00%             | 2027-02-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967JU6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     691000 | PA      | $648980.29     | 0.00%             | 2045-07-30      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                                                          | VZ Secured Financing BV                                                          | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    1015000 | PA      | $869195.25     | 0.00%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES OPER LP                                                          | Sun Communities Operating LP                                                     | CUSIP: 866677AE7<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              |  | US        |     775000 | PA      | $638941.00     | 0.00%             | 2031-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FMTS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     910000 | PA      | $843275.44     | 0.00%             | 2031-05-25      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust                                    | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP4                    | CUSIP: 46645UAT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2499000 | PA      | $2389753.59    | 0.01%             | 2049-12-15      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | Altice France SA/France                                                          | CUSIP: 02156LAC5<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     830000 | PA      | $688983.00     | 0.00%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                                                           | Energizer Holdings Inc                                                           | CUSIP: 29272WAF6<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |     185000 | PA      | $180582.20     | 0.00%             | 2027-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TC PipeLines LP                                                                  | TC PipeLines LP                                                                  | CUSIP: 87233QAB4<br>LEI: 6HL0C5LCIE4TN8UZHL06 | Long             | DBT              | CORP              | US        |     136000 | PA      | $134085.12     | 0.00%             | 2025-03-13      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMIPEACE LTD                                                                     | Amipeace Ltd                                                                     | CUSIP: 000000000<br>LEI: 549300Z8IOSIIKWF5763 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $543486.00     | 0.00%             | 2026-11-09      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDD5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    1140000 | PA      | $1021645.20    | 0.00%             | 2026-01-08      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XCSD8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     778488 | PA      | $790032.02     | 0.00%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MANITOBA (PROVINCE OF)                                                           | Province of Manitoba Canada                                                      | CUSIP: 563469UY9<br>LEI: 5493003QILFOB3JRKE30 | Long             | DBT              | NUSS              | CA        |       5000 | PA      | $4342.25       | 0.00%             | 2028-10-25      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                         | CUSIP: 26884LAN9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     580000 | PA      | $507824.80     | 0.00%             | 2031-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| MONEYGRAM INTERNATIONAL                                                          | MoneyGram International Inc                                                      | CUSIP: 60935YAA7<br>LEI: 5299002DLX0Q04KC4156 | Long             | DBT              | CORP              | US        |     251000 | PA      | $255440.19     | 0.00%             | 2026-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPSJ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9755544 | PA      | $9423430.45    | 0.05%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN                                                          | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                            | CUSIP: 82453AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     285000 | PA      | $269895.00     | 0.00%             | 2026-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAB9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    1525000 | PA      | $1502536.75    | 0.01%             | 2026-03-24      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                        | CUSIP: 682680BE2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     590000 | PA      | $628049.10     | 0.00%             | 2031-01-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                            | CUSIP: 73358WJA3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    2300000 | PA      | $2212321.70    | 0.01%             | 2062-10-01      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375CP5<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |     704000 | PA      | $601525.76     | 0.00%             | 2048-02-03      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| SGSP AUSTRALIA ASSETS                                                            | SGSP Australia Assets Pty Ltd                                                    | CUSIP: 000000000<br>LEI: 254900BJJ12X7PJT5072 | Long             | DBT              | CORP              | AU        |     200000 | PA      | $186868.00     | 0.00%             | 2027-07-07      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RDH2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     651000 | PA      | $631470.00     | 0.00%             | 2042-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| VALLEY NATIONAL BANCORP                                                          | Valley National Bancorp                                                          | CUSIP: 919794AE7<br>LEI: 549300ET52S1UBIB9762 | Long             | DBT              | CORP              | US        |     200000 | PA      | $179500.00     | 0.00%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                                                    | UniCredit SpA                                                                    | CUSIP: 904678AF6<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |     805000 | PA      | $742556.15     | 0.00%             | 2032-06-19      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| BANK OF EAST ASIA LTD                                                            | Bank of East Asia Ltd/The                                                        | CUSIP: 000000000<br>LEI: CO6GC26LCGGRTUESIP55 | Long             | DBT              | CORP              | HK        |    1100000 | PA      | $1042470.00    | 0.00%             | 2030-05-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAF2<br>LEI: N/A                  | Long             | DBT              |  | US        |     623000 | PA      | $622239.94     | 0.00%             | 2024-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133AGDH9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1104583 | PA      | $933848.31     | 0.00%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                                                                    | Owens Corning                                                                    | CUSIP: 690742AJ0<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     345000 | PA      | $327498.15     | 0.00%             | 2029-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448EZ7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    1320000 | PA      | $1106912.40    | 0.01%             | 2030-05-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TXV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1181391 | PA      | $1165108.41    | 0.01%             | 2048-05-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233851DZ4<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    1390000 | PA      | $1314967.80    | 0.01%             | 2025-03-10      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKW8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1825000 | PA      | $1829580.75    | 0.01%             | 2028-07-22      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                                                         | Graphic Packaging International LLC                                              | CUSIP: 38869AAA5<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     175000 | PA      | $168376.25     | 0.00%             | 2027-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                                     | Ecopetrol SA                                                                     | CUSIP: 279158AQ2<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     900000 | PA      | $626526.00     | 0.00%             | 2051-11-02      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833CJ7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    2100000 | PA      | $2042250.00    | 0.01%             | 2027-02-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| LENOVO GROUP LTD                                                                 | Lenovo Group Ltd                                                                 | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $202360.00     | 0.00%             | 2028-01-27      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                  | CUSIP: 842587DL8<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     235000 | PA      | $250651.00     | 0.00%             | 2032-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XJJS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7051009 | PA      | $7004347.89    | 0.03%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd                                                               | Macquarie Bank Ltd                                                               | CUSIP: 55608XAB3<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |     223000 | PA      | $220145.60     | 0.00%             | 2025-06-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                                                           | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAB3<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    1110000 | PA      | $1119712.50    | 0.01%             | 2026-08-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                                                         | Province of British Columbia Canada                                              | CUSIP: 110709AH5<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    1590000 | PA      | $1433241.90    | 0.01%             | 2026-07-20      | Fixed         | 0.90%                 | No            |                  2 | On Loan: —       |
| PILGRIM'S PRIDE CORP                                                             | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAG3<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |     645000 | PA      | $525004.20     | 0.00%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOSTON GAS COMPANY                                                               | Boston Gas Co                                                                    | CUSIP: 100743AJ2<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |     304000 | PA      | $268729.92     | 0.00%             | 2042-02-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| CANTOR FITZGERALD LP                                                             | Cantor Fitzgerald LP                                                             | CUSIP: 138616AK3<br>LEI: 549300RLUEEVQEMX0450 | Long             | DBT              | CORP              | US        |     625000 | PA      | $588000.00     | 0.00%             | 2027-04-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TURNING POINT BRANDS INC                                                         | Turning Point Brands Inc                                                         | CUSIP: 90041LAF2<br>LEI: 549300IYG00QF0VVP302 | Long             | DBT              | CORP              | US        |     125000 | PA      | $113913.75     | 0.00%             | 2026-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAE2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     373000 | PA      | $330116.19     | 0.00%             | 2029-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBS9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     915000 | PA      | $883386.75     | 0.00%             | 2026-03-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CAX7<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |     844000 | PA      | $912794.44     | 0.00%             | 2035-10-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAS4<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |      75000 | PA      | $77590.50      | 0.00%             | 2026-11-21      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| MTN MAURITIUS INVSTMENTS                                                         | MTN Mauritius Investments Ltd                                                    | CUSIP: 000000000<br>LEI: 2549009PQD415OQIR074 | Long             | DBT              | CORP              | MU        |     400000 | PA      | $406448.00     | 0.00%             | 2026-10-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109BP5<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     761000 | PA      | $565696.96     | 0.00%             | 2049-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QAC9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     115000 | PA      | $125531.70     | 0.00%             | 2033-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| SHINHAN FINANCIAL GROUP                                                          | Shinhan Financial Group Co Ltd                                                   | CUSIP: 82460N2A7<br>LEI: 988400EB8A6G49E5KO54 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $359916.00     | 0.00%             | 2026-01-10      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJA32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      12445 | PA      | $11973.78      | 0.00%             | 2046-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128P8FX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     328679 | PA      | $319924.45     | 0.00%             | 2038-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 03523TBV9<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    1984000 | PA      | $2126848.00    | 0.01%             | 2049-01-23      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  137400000 | PA      | $119559468.75  | 0.57%             | 2028-01-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638DF6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1700000 | PA      | $1442076.00    | 0.01%             | 2031-01-23      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                          | UDR Inc                                                                          | CUSIP: 90265EAT7<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     430000 | PA      | $337046.90     | 0.00%             | 2032-08-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| NRW.BANK                                                                         | NRW Bank                                                                         | CUSIP: 000000000<br>LEI: 52990002O5KK6XOGJ020 | Long             | DBT              | CORP              | DE        |     545000 | PA      | $511199.10     | 0.00%             | 2024-10-25      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                                                              | Braskem Netherlands Finance BV                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     800000 | PA      | $754704.00     | 0.00%             | 2028-01-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                                             | Chart Industries Inc                                                             | CUSIP: 000000000<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |     565000 | PA      | $589673.55     | 0.00%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF PENNSYLVAN                                                         | Trustees of the University of Pennsylvania/The                                   | CUSIP: 91481CAD2<br>LEI: 549300FG60YK9HZ7DS75 | Long             | DBT              | CORP              | US        |     240000 | PA      | $163864.80     | 0.00%             | 2050-10-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                                                         | Brandywine Operating Partnership LP                                              | CUSIP: 105340AR4<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |     360000 | PA      | $361368.00     | 0.00%             | 2028-03-15      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | CALIFORNIA ST UNIV REVENUE                                                       | CUSIP: 13077DRW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1055000 | PA      | $747528.69     | 0.00%             | 2052-11-01      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH CO/INBEV                                                          | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                      | CUSIP: 03522AAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2359000 | PA      | $2305309.16    | 0.01%             | 2026-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14912L6C0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     111000 | PA      | $109056.39     | 0.00%             | 2024-06-09      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     760000 | PA      | $659687.60     | 0.00%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FW9<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     275000 | PA      | $231588.50     | 0.00%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EP9<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     180000 | PA      | $171678.60     | 0.00%             | 2027-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAG6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    1001000 | PA      | $950970.02     | 0.00%             | 2026-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                                               | Valero Energy Corp                                                               | CUSIP: 91913YBE9<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     305000 | PA      | $247623.40     | 0.00%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167EY5<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    2160000 | PA      | $1740895.20    | 0.01%             | 2030-10-08      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkey Government International Bond                                             | CUSIP: 900123CY4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2200000 | PA      | $1768448.00    | 0.01%             | 2030-03-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAUDI ELEC GLOBAL SUKUK                                                          | Saudi Electricity Global Sukuk Co 3                                              | CUSIP: 000000000<br>LEI: 549300BJ6IA5S2UFVN71 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $846216.00     | 0.00%             | 2044-04-08      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ONGC VIDESH VANKORNEFT                                                           | ONGC Videsh Vankorneft Pte Ltd                                                   | CUSIP: 000000000<br>LEI: 254900FXH0X0S4UIS503 | Long             | DBT              | CORP              | SG        |    1000000 | PA      | $944300.00     | 0.00%             | 2026-07-27      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY FINANCE LTD                                                          | Studio City Finance Ltd                                                          | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |     755000 | PA      | $613263.85     | 0.00%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADVENT HEALTH SYSTEM                                                             | Adventist Health System/West                                                     | CUSIP: 007944AF8<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |     164000 | PA      | $144467.60     | 0.00%             | 2029-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 341099CL1<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     546000 | PA      | $640823.82     | 0.00%             | 2038-06-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162DK3<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     340000 | PA      | $322847.00     | 0.00%             | 2053-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GRUPO BIMBO SAB DE CV                                                            | Grupo Bimbo SAB de CV                                                            | CUSIP: 000000000<br>LEI: 5493000RIXURZEBFEV60 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $591462.00     | 0.00%             | 2024-06-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                                                           | Group 1 Automotive Inc                                                           | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |     460000 | PA      | $404059.40     | 0.00%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31417EFC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     239038 | PA      | $223919.18     | 0.00%             | 2042-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7TF4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      11004 | PA      | $10798.17      | 0.00%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV                                                         | Asian Infrastructure Investment Bank/The                                         | CUSIP: 04522KAE6<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | XX        |    2000000 | PA      | $1865980.00    | 0.01%             | 2024-10-30      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CC1<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     228000 | PA      | $257831.52     | 0.00%             | 2037-07-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CARROLS RESTAURANT GROUP                                                         | Carrols Restaurant Group Inc                                                     | CUSIP: 14574XAF1<br>LEI: 529900HZEMNWQSAKFJ98 | Long             | DBT              | CORP              | US        |     210000 | PA      | $160318.20     | 0.00%             | 2029-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                 | CUSIP: 373334KL4<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     465000 | PA      | $409362.75     | 0.00%             | 2029-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWBX0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9452982 | PA      | $7578489.93    | 0.04%             | 2051-07-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                             | Howmet Aerospace Inc                                                             | CUSIP: 013817AW1<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     755000 | PA      | $752214.05     | 0.00%             | 2024-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FL PROJ FIN                                                          | Duke Energy Florida Project Finance LLC                                          | CUSIP: 26444GAE3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     125000 | PA      | $103958.75     | 0.00%             | 2036-09-01      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | Freeport-McMoRan Inc                                                             | CUSIP: 35671DCF0<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     735000 | PA      | $687438.15     | 0.00%             | 2030-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VTV2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   13065666 | PA      | $11374063.80   | 0.05%             | 2050-09-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DA4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     510000 | PA      | $486126.90     | 0.00%             | 2026-03-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAX3<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    2015000 | PA      | $1688227.45    | 0.01%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638AP7<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1405000 | PA      | $1754100.35    | 0.01%             | 2033-11-21      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| WILLIS-KNIGHTON MED CTR                                                          | Willis-Knighton Medical Center                                                   | CUSIP: 97068LAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     514000 | PA      | $485565.52     | 0.00%             | 2048-09-01      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2T0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     235000 | PA      | $213208.45     | 0.00%             | 2028-01-20      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JM3<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     395000 | PA      | $347359.05     | 0.00%             | 2048-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBB1<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     260000 | PA      | $215792.20     | 0.00%             | 2045-02-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| HP Inc                                                                           | HP Inc                                                                           | CUSIP: 428236BR3<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     975000 | PA      | $990385.50     | 0.00%             | 2041-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae                                                                       | CUSIP: 21H030625<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   41467000 | PA      | $38091327.03   | 0.18%             | 2053-02-21      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | Bausch Health Cos Inc                                                            | CUSIP: 071734AK3<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     250000 | PA      | $115657.50     | 0.00%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                     | CUSIP: 646139W35<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |    1055000 | PA      | $1376693.77    | 0.01%             | 2040-01-01      | Fixed         | 7.41%                 | No            |                  2 | On Loan: No      |
| OMAN SOVEREIGN SUKUK                                                             | Oman Sovereign Sukuk Co                                                          | CUSIP: 000000000<br>LEI: 549300KM6RUZQLK8LU36 | Long             | DBT              | NUSS              | OM        |     900000 | PA      | $925686.00     | 0.00%             | 2025-10-31      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DZ7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    1238000 | PA      | $849812.72     | 0.00%             | 2050-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOB FUND                                                          | Guardian Life Global Funding                                                     | CUSIP: 40139LBG7<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |     500000 | PA      | $520700.00     | 0.00%             | 2027-10-28      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                                                         | Tyco Electronics Group SA                                                        | CUSIP: 902133AY3<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |      95000 | PA      | $81574.60      | 0.00%             | 2032-02-04      | Fixed         | 2.50%                 | No            |                  2 | On Loan: —       |
| REAL HERO MERGER SUB 2                                                           | Real Hero Merger Sub 2 Inc                                                       | CUSIP: 75602BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     405000 | PA      | $300429.00     | 0.00%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAK4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     785000 | PA      | $756057.05     | 0.00%             | 2029-06-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EYH4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     668000 | PA      | $554266.32     | 0.00%             | 2031-11-03      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TJW6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |      10000 | PA      | $8578.90       | 0.00%             | 2032-01-13      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BV1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     220000 | PA      | $161686.80     | 0.00%             | 2041-08-12      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KCB4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |      85000 | PA      | $74114.90      | 0.00%             | 2082-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                         | CUSIP: 81761LAA0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     535000 | PA      | $526969.65     | 0.00%             | 2025-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                                               | Credit Agricole SA                                                               | CUSIP: 225313AK1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    1380000 | PA      | $1247809.80    | 0.01%             | 2033-01-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140L6RZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     430015 | PA      | $378818.52     | 0.00%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COCA-COLA FEMSA SAB CV                                                           | Coca-Cola Femsa SAB de CV                                                        | CUSIP: 191241AH1<br>LEI: 5493008KEVFYPMGTXO33 | Long             | DBT              | CORP              | MX        |    1142000 | PA      | $1022478.28    | 0.00%             | 2030-01-22      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CU77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     128687 | PA      | $122869.14     | 0.00%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335CB78<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     203065 | PA      | $194328.30     | 0.00%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13645RAV6<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     285000 | PA      | $277803.75     | 0.00%             | 2035-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                              | Suzano Austria GmbH                                                              | CUSIP: 86964WAK8<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     625000 | PA      | $497968.75     | 0.00%             | 2032-01-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SUNNY EXPRESS                                                                    | Sunny Express Enterprises Corp                                                   | CUSIP: 000000000<br>LEI: 254900RHBSC69QS5NZ68 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $545280.00     | 0.00%             | 2030-04-23      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                                                           | Telecom Italia Capital SA                                                        | CUSIP: 87927VAF5<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     646000 | PA      | $546651.66     | 0.00%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CJ5<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     465000 | PA      | $350554.20     | 0.00%             | 2121-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SWZ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      22974 | PA      | $23373.76      | 0.00%             | 2047-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                   | CUSIP: 693304AX5<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     364000 | PA      | $266826.56     | 0.00%             | 2049-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                 | CUSIP: 026874DC8<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     250000 | PA      | $230707.50     | 0.00%             | 2035-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WJR0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   11852709 | PA      | $10605420.41   | 0.05%             | 2051-07-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                  | CUSIP: 046353AU2<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |     633000 | PA      | $609015.63     | 0.00%             | 2048-08-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MED CARE III                                                           | Fresenius Medical Care US Finance III Inc                                        | CUSIP: 35805BAA6<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |     415000 | PA      | $361191.10     | 0.00%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                                                         | OCP SA                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MA        |     400000 | PA      | $389336.00     | 0.00%             | 2025-10-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272AH1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     425000 | PA      | $421935.75     | 0.00%             | 2024-04-29      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                                              | Travel + Leisure Co                                                              | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     460000 | PA      | $397039.80     | 0.00%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                         | CUSIP: 25468PDK9<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |     354000 | PA      | $340006.38     | 0.00%             | 2026-02-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                                              | LBM Acquisition LLC                                                              | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |     575000 | PA      | $436873.50     | 0.00%             | 2029-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                                                   | PulteGroup Inc                                                                   | CUSIP: 745867AT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     303000 | PA      | $308138.88     | 0.00%             | 2035-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                                                         | Consolidated Communications Inc                                                  | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |     285000 | PA      | $217645.95     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550BU9<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     914000 | PA      | $880794.38     | 0.00%             | 2044-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBL9<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |      24000 | PA      | $23190.72      | 0.00%             | 2025-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                   | Transocean Inc                                                                   | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     375000 | PA      | $343968.75     | 0.00%             | 2027-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023BZ7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     275000 | PA      | $200318.25     | 0.00%             | 2048-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| HAINAN STATE INT HK                                                              | Hainan State Farms International HK Co Ltd                                       | CUSIP: 000000000<br>LEI: 549300CV543M17BZT615 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $382596.00     | 0.00%             | 2024-02-03      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J93T6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2994580 | PA      | $2879719.77    | 0.01%             | 2035-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                           | CUSIP: 25278XAM1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     808000 | PA      | $764828.56     | 0.00%             | 2026-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718GA1<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     450000 | PA      | $450670.50     | 0.00%             | 2033-01-26      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP                                                                | Toyota Motor Corp                                                                | CUSIP: 892331AF6<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |     160000 | PA      | $154958.40     | 0.00%             | 2024-07-02      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FE9<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     213000 | PA      | $237769.77     | 0.00%             | 2037-11-30      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                                                                    | Coherent Corp                                                                    | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |     695000 | PA      | $635431.55     | 0.00%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                                                             | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     800000 | PA      | $714936.00     | 0.00%             | 2050-03-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDP3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1441000 | PA      | $927557.29     | 0.00%             | 2052-08-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FV3<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    1512000 | PA      | $1400595.84    | 0.01%             | 2026-01-13      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                                                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AQ7<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     490000 | PA      | $481674.90     | 0.00%             | 2024-06-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd                                                          | Reliance Industries Ltd                                                          | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |     650000 | PA      | $636057.50     | 0.00%             | 2025-01-28      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                              | CUSIP: 14448CAS3<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    1132000 | PA      | $881443.12     | 0.00%             | 2050-04-05      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YCM9<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     730000 | PA      | $757083.00     | 0.00%             | 2033-09-13      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| AGRICULTURAL BK CHINA/HK                                                         | Agricultural Bank of China Ltd/Hong Kong                                         | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $364388.00     | 0.00%             | 2025-10-22      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138YBSN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      86885 | PA      | $86896.23      | 0.00%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                                                          | Brighthouse Financial Global Funding                                             | CUSIP: 10921U2C1<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |     160000 | PA      | $143008.00     | 0.00%             | 2026-05-24      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   86400000 | PA      | $76470750.43   | 0.37%             | 2028-06-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140K06S2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     320601 | PA      | $296449.11     | 0.00%             | 2049-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Manulife Financial Corp                                                          | Manulife Financial Corp                                                          | CUSIP: 56501RAE6<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |     295000 | PA      | $273777.70     | 0.00%             | 2032-02-24      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                                                          | Corebridge Global Funding                                                        | CUSIP: 00138CAN8<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |     825000 | PA      | $744529.50     | 0.00%             | 2025-09-22      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| DISCOVER BANK                                                                    | Discover Bank                                                                    | CUSIP: 25466AAR2<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |     100000 | PA      | $83654.00      | 0.00%             | 2030-02-06      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| HONG KONG SUKUK 2017 LTD                                                         | Hong Kong Sukuk 2017 Ltd                                                         | CUSIP: 000000000<br>LEI: 9845004EH88ADEFC6867 | Long             | DBT              | NUSS              | HK        |     600000 | PA      | $580380.00     | 0.00%             | 2027-02-28      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| EMPIRE COMMUNITIES CORP                                                          | Empire Communities Corp                                                          | CUSIP: 29163VAC7<br>LEI: 549300JM1L6KK2QFP273 | Long             | DBT              | CORP              | CA        |     350000 | PA      | $316750.00     | 0.00%             | 2025-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SINOCHEM OFFSHORE CAPITA                                                         | Sinochem Offshore Capital Co Ltd                                                 | CUSIP: 000000000<br>LEI: 3003004LKKZ33WMP2P47 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $539346.00     | 0.00%             | 2026-11-24      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                                 | Berry Global Inc                                                                 | CUSIP: 08576PAA9<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     196000 | PA      | $190321.88     | 0.00%             | 2026-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                                                         | Petrobras Global Finance BV                                                      | CUSIP: 71647NBD0<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     550000 | PA      | $500857.50     | 0.00%             | 2049-03-19      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123CT5<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2600000 | PA      | $2440750.00    | 0.01%             | 2029-04-26      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2K9<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1545000 | PA      | $1343408.40    | 0.01%             | 2031-01-13      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| TERVITA CORP                                                                     | Tervita Corp                                                                     | CUSIP: 88159EAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     222000 | PA      | $240323.88     | 0.00%             | 2025-12-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| USIMINAS INTERNATIONAL                                                           | Usiminas International Sarl                                                      | CUSIP: 000000000<br>LEI: 529900KLYX6QPXVIVP43 | Long             | DBT              | CORP              | LU        |     600000 | PA      | $589992.00     | 0.00%             | 2026-07-18      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AVI FUNDING CO LTD                                                               | Avi Funding Co Ltd                                                               | CUSIP: 000000000<br>LEI: 549300NT8YUG1K5KO238 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $388556.00     | 0.00%             | 2025-09-16      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                                         | Equitable Financial Life Global Funding                                          | CUSIP: 29449WAA5<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     875000 | PA      | $803066.25     | 0.00%             | 2025-07-07      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                                                       | Carvana Co                                                                       | CUSIP: 146869AB8<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     390000 | PA      | $195105.30     | 0.00%             | 2025-10-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAF8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     452000 | PA      | $408653.20     | 0.00%             | 2047-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | Expedia Group Inc                                                                | CUSIP: 30212PAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     892000 | PA      | $784237.48     | 0.00%             | 2030-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FIN DEPT GOVT SHARJAH                                                            | Finance Department Government of Sharjah                                         | CUSIP: 000000000<br>LEI: 254900ZNL8O3F1CLJO24 | Long             | DBT              | NUSS              | AE        |     400000 | PA      | $336684.00     | 0.00%             | 2033-03-10      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CANADA GOVERNMENT                                                                | Canada Government International Bond                                             | CUSIP: 135087N75<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     500000 | PA      | $486280.00     | 0.00%             | 2025-04-28      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                              | Invitation Homes Operating Partnership LP                                        | CUSIP: 46188BAA0<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |     150000 | PA      | $116503.50     | 0.00%             | 2031-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                            | Tennessee Valley Authority                                                       | CUSIP: 880591EH1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |     890000 | PA      | $968417.90     | 0.00%             | 2039-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAC0<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     214000 | PA      | $208943.18     | 0.00%             | 2025-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132LAWV0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     244456 | PA      | $240028.97     | 0.00%             | 2049-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                         | CUSIP: 25468PDM5<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |    1120000 | PA      | $1028720.00    | 0.00%             | 2026-07-30      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Suzano Austria GmbH                                                              | Suzano Austria GmbH                                                              | CUSIP: 000000000<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     800000 | PA      | $836984.00     | 0.00%             | 2047-03-16      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                                                   | TD SYNNEX Corp                                                                   | CUSIP: 87162WAF7<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |     790000 | PA      | $688666.70     | 0.00%             | 2026-08-09      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TKK0<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     400000 | PA      | $409312.00     | 0.00%             | 2025-11-10      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PENTAIR FINANCE SARL                                                             | Pentair Finance Sarl                                                             | CUSIP: 709629AS8<br>LEI: 549300H2U8U8TZPV3T89 | Long             | DBT              | CORP              | LU        |     160000 | PA      | $165587.20     | 0.00%             | 2032-07-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348AS5<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     275000 | PA      | $247893.25     | 0.00%             | 2045-08-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7XX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     749589 | PA      | $715891.08     | 0.00%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENGIZCHEVROIL FIN CO IN                                                         | Tengizchevroil Finance Co International Ltd                                      | CUSIP: 000000000<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |     800000 | PA      | $717088.00     | 0.00%             | 2025-08-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| TRANSPRTDRA DE GAS INTL                                                          | Transportadora de Gas Internacional SA ESP                                       | CUSIP: 000000000<br>LEI: 529900780HCVLCEM2440 | Long             | DBT              | CORP              | CO        |     600000 | PA      | $568068.00     | 0.00%             | 2028-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: —       |
| GPD COS INC                                                                      | GPD Cos Inc                                                                      | CUSIP: 64051NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     325000 | PA      | $291372.25     | 0.00%             | 2026-04-01      | Fixed         | 10.13%                | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | Tenet Healthcare Corp                                                            | CUSIP: 88033GDD9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     490000 | PA      | $483012.60     | 0.00%             | 2024-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                         | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |     400000 | PA      | $301112.00     | 0.00%             | 2033-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                     | CUSIP: 8426EPAE8<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     570000 | PA      | $403212.30     | 0.00%             | 2051-09-30      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017CH0<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     240000 | PA      | $225847.20     | 0.00%             | 2026-11-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFX4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   30000000 | PA      | $30100781.40   | 0.14%             | 2024-11-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PG&E RECOVERY FND LLC                                                            | PG&E Recovery Funding LLC                                                        | CUSIP: 71710TAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $203224.00     | 0.00%             | 2032-07-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| SELECTIVE INSURANCE GROU                                                         | Selective Insurance Group Inc                                                    | CUSIP: 816300AH0<br>LEI: 549300R3WGJWLE40R258 | Long             | DBT              | CORP              | US        |      80000 | PA      | $74541.60      | 0.00%             | 2049-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                                         | Equitable Financial Life Global Funding                                          | CUSIP: 29449WAK3<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     670000 | PA      | $627957.50     | 0.00%             | 2024-11-12      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EHK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8923149 | PA      | $8811087.19    | 0.04%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAN7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     688000 | PA      | $660184.16     | 0.00%             | 2029-01-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Monongahela Power Co                                                             | Monongahela Power Co                                                             | CUSIP: 610202BP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     210000 | PA      | $215096.70     | 0.00%             | 2043-12-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8GY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     198795 | PA      | $188800.75     | 0.00%             | 2031-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DPHW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4022198 | PA      | $4152291.67    | 0.02%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 63743HEW8<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     750000 | PA      | $669900.00     | 0.00%             | 2026-06-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                                                           | DBS Group Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | DBT              | CORP              | SG        |     400000 | PA      | $381140.00     | 0.00%             | 2025-02-27      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578AAY4<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    2000000 | PA      | $2013260.00    | 0.01%             | 2028-01-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LEGAL & GENERAL GROUP                                                            | Legal & General Group PLC                                                        | CUSIP: 000000000<br>LEI: 213800JH9QQWHLO99821 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $193172.00     | 0.00%             | 2047-03-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLEN MEDIA LLC/CO-ISSR                                                          | Allen Media LLC / Allen Media Co-Issuer Inc                                      | CUSIP: 01771YAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     455000 | PA      | $186909.45     | 0.00%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KT7<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     695000 | PA      | $689182.85     | 0.00%             | 2027-07-27      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                     | CUSIP: 65473PAL9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     675000 | PA      | $536874.75     | 0.00%             | 2031-02-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| PECF USS INTERMEDIATE HO                                                         | PECF USS Intermediate Holding III Corp                                           | CUSIP: 69291HAA3<br>LEI: 254900DIL842DEXPYJ91 | Long             | DBT              | CORP              | US        |     425000 | PA      | $324266.50     | 0.00%             | 2029-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31323AB35<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     133697 | PA      | $126338.51     | 0.00%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AW4<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     400000 | PA      | $348968.00     | 0.00%             | 2028-09-14      | Fixed         | 1.50%                 | No            |                  2 | On Loan: —       |
| KLA CORP                                                                         | KLA Corp                                                                         | CUSIP: 482480AG5<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |     835000 | PA      | $824437.25     | 0.00%             | 2029-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| KOREA EAST-WEST POWER CO                                                         | Korea East-West Power Co Ltd                                                     | CUSIP: 000000000<br>LEI: 549300VDRGYGX9NBTB52 | Long             | DBT              | CORP              | KR        |     600000 | PA      | $557844.00     | 0.00%             | 2025-05-06      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CK1<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     800000 | PA      | $641176.00     | 0.00%             | 2031-06-10      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                                                       | Zoetis Inc                                                                       | CUSIP: 98978VAT0<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     370000 | PA      | $268035.40     | 0.00%             | 2050-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                                        | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    1657000 | PA      | $1434580.89    | 0.01%             | 2030-01-21      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL PROPER                                                                 | Essential Properties LP                                                          | CUSIP: 29670VAA7<br>LEI: 254900XX9FNFCDE1NX02 | Long             | DBT              | CORP              | US        |     517000 | PA      | $392051.44     | 0.00%             | 2031-07-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                                                                | Union Electric Co                                                                | CUSIP: 906548CT7<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     620000 | PA      | $510191.80     | 0.00%             | 2032-03-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL BANK PSQC/THE                                                         | Commercial Bank PSQC/The                                                         | CUSIP: 000000000<br>LEI: 2138004FUUD4I7X8H721 | Long             | DBT              | CORP              | QA        |     400000 | PA      | $370212.00     | 0.00%             | 2026-03-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KOHL'S CORPORATION                                                               | Kohl's Corp                                                                      | CUSIP: 500255AU8<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |     425000 | PA      | $407766.25     | 0.00%             | 2025-07-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BD5<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     275000 | PA      | $251201.50     | 0.00%             | 2045-02-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SUMMER (BC) BIDC                                                                 | Summer BC Bidco B LLC                                                            | CUSIP: 865632AA1<br>LEI: 213800CCW2O2WZ7YV169 | Long             | DBT              | CORP              | US        |     275000 | PA      | $229699.25     | 0.00%             | 2026-10-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                                                       | Mattel Inc                                                                       | CUSIP: 577081BD3<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |     365000 | PA      | $365459.90     | 0.00%             | 2027-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| LI & FUNG LTD                                                                    | Li & Fung Ltd                                                                    | CUSIP: 000000000<br>LEI: 254900B5ACVOJC6VNM71 | Long             | DBT              | CORP              | BM        |          0 | PA      | $0.00          | 0.00%             | 2024-10-04      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT BK OF JAPAN                                                          | Development Bank of Japan Inc                                                    | CUSIP: 000000000<br>LEI: 5493001HGBABMWFZUI25 | Long             | DBT              | NUSS              | JP        |     300000 | PA      | $291366.00     | 0.00%             | 2024-09-19      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| RESORTS WORLD/RWLV CAP                                                           | Resorts World Las Vegas LLC / RWLV Capital Inc                                   | CUSIP: 76120HAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     220000 | PA      | $169969.80     | 0.00%             | 2031-04-06      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                         | Electricite de France SA                                                         | CUSIP: 268317AL8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     507000 | PA      | $481969.41     | 0.00%             | 2114-01-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     230000 | PA      | $238155.80     | 0.00%             | 2027-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Woodside Finance Ltd                                                             | Woodside Finance Ltd                                                             | CUSIP: 980236AQ6<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |     738000 | PA      | $713365.56     | 0.00%             | 2029-03-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                                                     | Calpine Corp                                                                     | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     790000 | PA      | $729596.60     | 0.00%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668BN1<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    1083000 | PA      | $935040.54     | 0.00%             | 2027-11-24      | Fixed         | 1.63%                 | No            |                  2 | On Loan: —       |
| Churchill Downs Inc                                                              | Churchill Downs Inc                                                              | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |     460000 | PA      | $430339.20     | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAQ0<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |     230000 | PA      | $219095.70     | 0.00%             | 2026-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAV2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1855000 | PA      | $1976873.50    | 0.01%             | 2035-02-09      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3617QG3N2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1420754 | PA      | $1278483.28    | 0.01%             | 2050-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| URBAN ONE INC                                                                    | Urban One Inc                                                                    | CUSIP: 91705JAC9<br>LEI: 549300PLGIGPBRQUP240 | Long             | DBT              | CORP              | US        |     690000 | PA      | $623014.80     | 0.00%             | 2028-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Republic of Sri Lanka                                                            | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |     800000 | PA      | $276320.00     | 0.00%             | 2024-03-14      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NY7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     305000 | PA      | $262068.20     | 0.00%             | 2032-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1050000 | PA      | $1070338.50    | 0.01%             | 2025-07-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS PWR & LIGHT                                                         | Indianapolis Power & Light Co                                                    | CUSIP: 455434BV1<br>LEI: 2T85JNP2R2B2GTSFND21 | Long             | DBT              | CORP              | US        |     600000 | PA      | $639474.00     | 0.00%             | 2032-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Telefonica Europe BV                                                             | Telefonica Europe BV                                                             | CUSIP: 879385AD4<br>LEI: 7245007FZS0M65WUGP67 | Long             | DBT              | CORP              | NL        |    1081000 | PA      | $1260986.50    | 0.01%             | 2030-09-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Nestle Holdings Inc                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AE4<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     200000 | PA      | $196158.00     | 0.00%             | 2025-09-24      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAN0<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     628000 | PA      | $598352.12     | 0.00%             | 2027-01-11      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| RITCHIE BROS AUCTIONEERS                                                         | Ritchie Bros Auctioneers Inc                                                     | CUSIP: 767744AA3<br>LEI: 5493002H8U24DJXQ4886 | Long             | DBT              | CORP              | CA        |     380000 | PA      | $377180.40     | 0.00%             | 2025-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKY4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    3805000 | PA      | $3802983.35    | 0.02%             | 2033-07-22      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBT2<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |    1302000 | PA      | $1068225.90    | 0.01%             | 2031-03-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BANNER HEALTH                                                                    | Banner Health                                                                    | CUSIP: 06654DAE7<br>LEI: PLD0E0WJKFN8IZJ2WD85 | Long             | DBT              | CORP              | US        |     458000 | PA      | $320796.94     | 0.00%             | 2051-01-01      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                                                      | Gap Inc/The                                                                      | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |     530000 | PA      | $396726.20     | 0.00%             | 2031-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DM6<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     390000 | PA      | $321948.90     | 0.00%             | 2031-02-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     549000 | PA      | $386693.64     | 0.00%             | 2052-07-21      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTL LTD                                                             | Weatherford International Ltd                                                    | CUSIP: 947075AP2<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |     160000 | PA      | $164852.80     | 0.00%             | 2024-12-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| KAISER FOUNDATION HOSPIT                                                         | Kaiser Foundation Hospitals                                                      | CUSIP: 48305QAE3<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |     612000 | PA      | $477935.28     | 0.00%             | 2049-11-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| MARUBENI CORP                                                                    | Marubeni Corp                                                                    | CUSIP: 000000000<br>LEI: 4P4N3ORD02UGQT1T1W12 | Long             | DBT              | CORP              | JP        |     400000 | PA      | $361368.00     | 0.00%             | 2025-09-18      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOB FUND                                                          | Guardian Life Global Funding                                                     | CUSIP: 40139LAH6<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |     210000 | PA      | $184107.00     | 0.00%             | 2027-07-06      | Fixed         | 1.40%                 | No            |                  2 | On Loan: —       |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                     | CUSIP: 8426EPAB4<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     390000 | PA      | $311212.20     | 0.00%             | 2046-10-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                                                             | Waste Management Inc                                                             | CUSIP: 94106LBA6<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     127000 | PA      | $123234.45     | 0.00%             | 2025-03-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810FE3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5500000 | PA      | $6001015.63    | 0.03%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJX39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1832553 | PA      | $1704464.54    | 0.01%             | 2046-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BC7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     743000 | PA      | $730238.86     | 0.00%             | 2028-09-11      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     600000 | PA      | $426660.00     | 0.00%             | 2051-09-30      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DQ0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    1283000 | PA      | $1039679.05    | 0.00%             | 2031-02-28      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QCE4<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     163000 | PA      | $99503.35      | 0.00%             | 2050-08-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RHK1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    1026000 | PA      | $981964.08     | 0.00%             | 2039-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA VEND FIN IV                                                         | Virgin Media Vendor Financing Notes IV DAC                                       | CUSIP: 92770QAA5<br>LEI: 635400ZZNJSEA4CAJR23 | Long             | DBT              | CORP              | IE        |     350000 | PA      | $317590.00     | 0.00%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lennar Corp                                                                      | Lennar Corp                                                                      | CUSIP: 526057CT9<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |     295000 | PA      | $298481.00     | 0.00%             | 2026-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY OPERATING                                                         | NextEra Energy Operating Partners LP                                             | CUSIP: 65342QAL6<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     361000 | PA      | $336426.73     | 0.00%             | 2026-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $162026.00     | 0.00%             | 2049-08-08      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                  | CUSIP: 166756AR7<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |     899000 | PA      | $887429.87     | 0.00%             | 2028-01-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967HV6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1370000 | PA      | $1360437.40    | 0.01%             | 2024-08-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GHW2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     646000 | PA      | $617756.88     | 0.00%             | 2025-10-22      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VBR0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    1512000 | PA      | $1376358.48    | 0.01%             | 2026-03-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138YBTZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      66237 | PA      | $63326.68      | 0.00%             | 2045-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJZB9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2706470 | PA      | $2517298.75    | 0.01%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J6C21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     472254 | PA      | $448677.20     | 0.00%             | 2031-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833AZ3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     798000 | PA      | $770221.62     | 0.00%             | 2025-02-09      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NONGHYUP BANK                                                                    | NongHyup Bank                                                                    | CUSIP: 65540KAD7<br>LEI: 988400GSDJCW3LKJBD20 | Long             | DBT              | CORP              | KR        |     600000 | PA      | $546768.00     | 0.00%             | 2025-07-20      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                                                         | MassMutual Global Funding II                                                     | CUSIP: 57629WCE8<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |     858000 | PA      | $834027.48     | 0.00%             | 2024-06-22      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | CALIFORNIA ST UNIV REVENUE                                                       | CUSIP: 13077DNK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     100000 | PA      | $74889.20      | 0.00%             | 2051-11-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JT5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     793000 | PA      | $672432.28     | 0.00%             | 2031-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GGZ6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1445000 | PA      | $1396419.10    | 0.01%             | 2026-01-23      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                         | CUSIP: 44106MAY8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     320000 | PA      | $233446.40     | 0.00%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAY3<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |     193000 | PA      | $165279.41     | 0.00%             | 2028-03-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                            | CUSIP: 893574AH6<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     333000 | PA      | $359636.67     | 0.00%             | 2026-02-01      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAM3<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     464000 | PA      | $448279.68     | 0.00%             | 2049-02-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GK3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    1383000 | PA      | $1177596.84    | 0.01%             | 2048-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BC7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    2064000 | PA      | $1944721.44    | 0.01%             | 2035-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $576792.00     | 0.00%             | 2051-01-08      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AMSTED INDUSTRIES                                                                | Amsted Industries Inc                                                            | CUSIP: 032177AJ6<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |     260000 | PA      | $232302.20     | 0.00%             | 2030-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YBQ1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     370000 | PA      | $294153.70     | 0.00%             | 2032-05-22      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| Merck Sharp & Dohme Corp                                                         | Merck Sharp & Dohme Corp                                                         | CUSIP: 589331AM9<br>LEI: MZK1AT00SJV4XB7WNL71 | Long             | DBT              | CORP              | US        |     353000 | PA      | $390869.84     | 0.00%             | 2036-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FL6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     183000 | PA      | $165243.51     | 0.00%             | 2044-10-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                           | CUSIP: 25278XAV1<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     865000 | PA      | $921242.30     | 0.00%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                                                     | SK Hynix Inc                                                                     | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |     800000 | PA      | $705016.00     | 0.00%             | 2026-01-19      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FAL5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     795000 | PA      | $765736.05     | 0.00%             | 2028-09-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SGP6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      13997 | PA      | $14502.96      | 0.00%             | 2046-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Transit System                                           | MIAMI-DADE CNTY FL TRANSIT SALES SURTAX REVENUE                                  | CUSIP: 59334PJT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1000000 | PA      | $759281.00     | 0.00%             | 2042-07-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCV6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $952650.00     | 0.00%             | 2026-02-24      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAU9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     860000 | PA      | $805209.40     | 0.00%             | 2024-10-29      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                     | CUSIP: 785592AU0<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |     698000 | PA      | $676438.78     | 0.00%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179NVM7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      24971 | PA      | $23397.72      | 0.00%             | 2043-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAR1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2400000 | PA      | $2029824.00    | 0.01%             | 2034-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                              | CUSIP: 20268JAE3<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     588000 | PA      | $542853.36     | 0.00%             | 2025-10-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                           | Motorola Solutions Inc                                                           | CUSIP: 620076BL2<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |     496000 | PA      | $492681.76     | 0.00%             | 2028-02-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PCP5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    1186000 | PA      | $1169751.80    | 0.01%             | 2025-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies BV                                                          | Sensata Technologies BV                                                          | CUSIP: 81725WAH6<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     365000 | PA      | $366222.75     | 0.00%             | 2024-11-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC                                                               | AMN Healthcare Inc                                                               | CUSIP: 00175PAC7<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |     205000 | PA      | $177896.95     | 0.00%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PAZ1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     415000 | PA      | $352272.75     | 0.00%             | 2048-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QBX9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $255600.00     | 0.00%             | 2046-01-23      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| AIA GROUP LTD                                                                    | AIA Group Ltd                                                                    | CUSIP: 00131LAN5<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |     850000 | PA      | $884561.00     | 0.00%             | 2027-10-25      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ISDB TRUST NO 2                                                                  | Isdb Trust Services NO 2 SARL                                                    | CUSIP: 000000000<br>LEI: 222100S88XMYHA1E3547 | Long             | DBT              | CORP              | LU        |    2855000 | PA      | $2598849.40    | 0.01%             | 2026-03-31      | Fixed         | 1.26%                 | No            |                  2 | On Loan: No      |
| Great River Energy                                                               | Great River Energy                                                               | CUSIP: 39121JAE0<br>LEI: 5493007CIM8IF8LIUC91 | Long             | DBT              | CORP              | US        |     277966 | PA      | $288651.47     | 0.00%             | 2038-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAX9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     636000 | PA      | $622631.28     | 0.00%             | 2045-09-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                                                               | Morocco Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |     600000 | PA      | $530934.00     | 0.00%             | 2027-12-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140JNY95<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     144147 | PA      | $141000.88     | 0.00%             | 2049-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EMBOTELLADORA ANDINA SA                                                          | Embotelladora Andina SA                                                          | CUSIP: 000000000<br>LEI: 254900NNPKP1J9XTSA53 | Long             | DBT              | CORP              | CL        |     350000 | PA      | $262909.50     | 0.00%             | 2050-01-21      | Fixed         | 3.95%                 | No            |                  2 | On Loan: —       |
| TD SYNNEX CORP                                                                   | TD SYNNEX Corp                                                                   | CUSIP: 87162WAK6<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |     485000 | PA      | $385996.95     | 0.00%             | 2031-08-09      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAM9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     404000 | PA      | $383905.04     | 0.00%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                                         | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     385000 | PA      | $373357.60     | 0.00%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MEAD JOHNSON NUTRITION C                                                         | Mead Johnson Nutrition Co                                                        | CUSIP: 582839AG1<br>LEI: E4BJRFT3MF4GJDY1SC50 | Long             | DBT              | CORP              | US        |     375000 | PA      | $356186.25     | 0.00%             | 2044-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                         | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     900000 | PA      | $842463.00     | 0.00%             | 2026-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: —       |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09261BAG5<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     295000 | PA      | $239017.85     | 0.00%             | 2032-03-30      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| INDOFOOD CBP SUKSES MAKM                                                         | Indofood CBP Sukses Makmur Tbk PT                                                | CUSIP: 000000000<br>LEI: 254900YKZW9GRKZZN285 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $339684.00     | 0.00%             | 2032-04-27      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| MOLSON COORS BEVERAGE                                                            | Molson Coors Beverage Co                                                         | CUSIP: 60871RAD2<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |     655000 | PA      | $619557.95     | 0.00%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   33500000 | PA      | $30385546.88   | 0.15%             | 2026-04-30      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BF8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1101000 | PA      | $1050475.11    | 0.01%             | 2045-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                                                            | Brooklyn Union Gas Co/The                                                        | CUSIP: 114259AU8<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |     516000 | PA      | $425478.12     | 0.00%             | 2049-03-04      | Fixed         | 4.49%                 | No            |                  2 | On Loan: —       |
| CENTRAIS ELETRICAS BRASI                                                         | Centrais Eletricas Brasileiras SA                                                | CUSIP: 000000000<br>LEI: 254900I8KYDELP4B4Z08 | Long             | DBT              | CORP              | BR        |     200000 | PA      | $190628.00     | 0.00%             | 2025-02-04      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| EOG Resources Inc                                                                | EOG Resources Inc                                                                | CUSIP: 26875PAP6<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |     895000 | PA      | $889764.25     | 0.00%             | 2026-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GATES GLOBAL/GATES CORP                                                          | Gates Global LLC / Gates Corp                                                    | CUSIP: 36740LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     382000 | PA      | $376323.48     | 0.00%             | 2026-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EXELA INTERMED/EXELA FIN                                                         | Exela Intermediate LLC / Exela Finance Inc                                       | CUSIP: 30162RAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     495000 | PA      | $60246.45      | 0.00%             | 2026-07-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CL2<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     481000 | PA      | $463164.52     | 0.00%             | 2024-09-06      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QBN9<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    1423000 | PA      | $987462.39     | 0.00%             | 2050-11-10      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                        | CUSIP: 95709TAH3<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |     128000 | PA      | $113248.00     | 0.00%             | 2042-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKE8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1348000 | PA      | $1259112.88    | 0.01%             | 2025-12-06      | Fixed         | 1.53%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                                        | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    2300000 | PA      | $1844048.00    | 0.01%             | 2031-07-13      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION                                                                | Xerox Corp                                                                       | CUSIP: 984121CB7<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |     241000 | PA      | $189156.08     | 0.00%             | 2039-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                                                               | Province of Quebec Canada                                                        | CUSIP: 748149AH4<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    2827000 | PA      | $2750642.73    | 0.01%             | 2024-10-16      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J9G96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      87311 | PA      | $92866.99      | 0.00%             | 2041-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BLS3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      23515 | PA      | $22707.38      | 0.00%             | 2046-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016FZS6<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     635000 | PA      | $625970.30     | 0.00%             | 2027-08-03      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINA                                                         | Embraer Netherlands Finance BV                                                   | CUSIP: 000000000<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $409936.00     | 0.00%             | 2028-01-17      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348AW6<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    1086000 | PA      | $1043059.56    | 0.00%             | 2027-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XBSH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6921412 | PA      | $5861577.88    | 0.03%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 59562VBD8<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     763000 | PA      | $772949.52     | 0.00%             | 2043-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                                              | Northern Trust Corp                                                              | CUSIP: 665859AP9<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |     800000 | PA      | $786440.00     | 0.00%             | 2025-10-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                                                               | Advance Auto Parts Inc                                                           | CUSIP: 00751YAE6<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     316000 | PA      | $287702.20     | 0.00%             | 2030-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                                                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FAZ0<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    1000000 | PA      | $999800.00     | 0.00%             | 2026-01-26      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CN7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     375000 | PA      | $350497.50     | 0.00%             | 2025-05-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                         | Mars Inc                                                                         | CUSIP: 571676AE5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     545000 | PA      | $475953.95     | 0.00%             | 2044-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CMF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3084169 | PA      | $2945517.96    | 0.01%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VIPER ENERGY PARTNERS LP                                                         | Viper Energy Partners LP                                                         | CUSIP: 92763MAA3<br>LEI: 5299009LINL232255G03 | Long             | DBT              | CORP              | US        |     290000 | PA      | $280775.10     | 0.00%             | 2027-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ANZ NEW ZEALAND INTL/LDN                                                         | ANZ New Zealand Int'l Ltd/London                                                 | CUSIP: 00182EBJ7<br>LEI: 213800VD256NU2D97H12 | Long             | DBT              | CORP              | NZ        |     834000 | PA      | $783092.64     | 0.00%             | 2028-01-21      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SWEDBANK AB                                                                      | Swedbank AB                                                                      | CUSIP: 87020PAQ0<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |    1005000 | PA      | $970126.50     | 0.00%             | 2025-04-04      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2S1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2108000 | PA      | $1910100.96    | 0.01%             | 2028-06-02      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| RONGSHI INTERNATIONAL FI                                                         | Rongshi International Finance Ltd                                                | CUSIP: 000000000<br>LEI: 5493002NOQBAWLD8YZ55 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $544734.00     | 0.00%             | 2026-11-22      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   46000000 | PA      | $45020703.24   | 0.22%             | 2024-06-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 69370RAG2<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |    1000000 | PA      | $804560.00     | 0.00%             | 2050-01-21      | Fixed         | 4.18%                 | No            |                  2 | On Loan: —       |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89115A2C5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     965000 | PA      | $948440.60     | 0.00%             | 2027-06-08      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Heineken NV                                                                      | Heineken NV                                                                      | CUSIP: 423012AG8<br>LEI: 724500K5PTPSST86UQ23 | Long             | DBT              | CORP              | NL        |     640000 | PA      | $562124.80     | 0.00%             | 2047-03-29      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY PARTNERS                                                           | Valero Energy Partners LP                                                        | CUSIP: 91914JAB8<br>LEI: 549300WH1375KZXLJ231 | Long             | DBT              | CORP              | US        |     582000 | PA      | $577332.36     | 0.00%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INVEST ENERGY RES LTD                                                            | Investment Energy Resources Ltd                                                  | CUSIP: 000000000<br>LEI: 254900A71Y7WHN7L5K89 | Long             | DBT              | CORP              | BM        |     800000 | PA      | $764680.00     | 0.00%             | 2029-04-26      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HJX9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     553000 | PA      | $547464.47     | 0.00%             | 2024-05-13      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 68323AFH2<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    1360000 | PA      | $1141339.20    | 0.01%             | 2031-02-25      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | Mineral Resources Ltd                                                            | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     380000 | PA      | $390336.00     | 0.00%             | 2027-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                                                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416515BB9<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     542000 | PA      | $476266.24     | 0.00%             | 2043-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109AW4<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     625000 | PA      | $575818.75     | 0.00%             | 2029-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YDB2<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     730000 | PA      | $701435.10     | 0.00%             | 2045-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                                                  | Gen Digital Inc                                                                  | CUSIP: 871503AU2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |     716000 | PA      | $702052.32     | 0.00%             | 2025-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FW3<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     213000 | PA      | $151719.90     | 0.00%             | 2052-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                              | Fifth Third Bancorp                                                              | CUSIP: 316773CH1<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     995000 | PA      | $1298395.40    | 0.01%             | 2038-03-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                                                            | Scripps Escrow II Inc                                                            | CUSIP: 81105DAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     305000 | PA      | $246022.15     | 0.00%             | 2031-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| State of Texas                                                                   | TEXAS ST                                                                         | CUSIP: 882722KF7<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    1015000 | PA      | $1143667.49    | 0.01%             | 2039-04-01      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AS8<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     516000 | PA      | $474905.76     | 0.00%             | 2048-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280AQ2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     775000 | PA      | $741078.25     | 0.00%             | 2044-03-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAZ1<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     320000 | PA      | $320486.40     | 0.00%             | 2032-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348AV8<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     597000 | PA      | $583621.23     | 0.00%             | 2024-06-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK                                                                     | Kookmin Bank                                                                     | CUSIP: 50050HAR7<br>LEI: 549300XXMOJSIW8P4769 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $182994.00     | 0.00%             | 2027-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                            | CUSIP: 904764BQ9<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |     315000 | PA      | $258082.65     | 0.00%             | 2031-08-12      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc                                                            | Reynolds American Inc                                                            | CUSIP: 761713BG0<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |    1786000 | PA      | $1753191.18    | 0.01%             | 2025-06-12      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Chubb INA Holdings Inc                                                           | Chubb INA Holdings Inc                                                           | CUSIP: 00440EAH0<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |      20000 | PA      | $23214.80      | 0.00%             | 2036-05-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CFG4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     194806 | PA      | $184475.07     | 0.00%             | 2037-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 86765BAU3<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |     364000 | PA      | $348406.24     | 0.00%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QACR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     594822 | PA      | $601011.86     | 0.00%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CRCC CHENGAN LTD                                                                 | CRCC Chengan Ltd                                                                 | CUSIP: 000000000<br>LEI: 300300GGOHRAO50ADY40 | Long             | DBT              | CORP              | HK        |    1200000 | PA      | $1179552.00    | 0.01%             | 2024-06-27      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Alcan Inc                                                              | Rio Tinto Alcan Inc                                                              | CUSIP: 013716AU9<br>LEI: 2138007ZSQ7B17SKOX77 | Long             | DBT              | CORP              | CA        |     291000 | PA      | $326662.05     | 0.00%             | 2033-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAX7<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     375000 | PA      | $358005.00     | 0.00%             | 2038-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254BF6<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     824000 | PA      | $815092.56     | 0.00%             | 2027-02-19      | Fixed         | 4.30%                 | No            |                  2 | On Loan: —       |
| Republic Services Inc                                                            | Republic Services Inc                                                            | CUSIP: 760759AQ3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     315000 | PA      | $304945.20     | 0.00%             | 2025-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ER6J4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     232496 | PA      | $224798.22     | 0.00%             | 2032-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525BT9<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     645000 | PA      | $740363.25     | 0.00%             | 2053-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833CX6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     777000 | PA      | $744521.40     | 0.00%             | 2027-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579EAC9<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |      70000 | PA      | $73231.20      | 0.00%             | 2037-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                                                            | Takeda Pharmaceutical Co Ltd                                                     | CUSIP: 874060AW6<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    1543000 | PA      | $1567826.87    | 0.01%             | 2028-11-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF NOTRE DAME                                                               | University of Notre Dame du Lac                                                  | CUSIP: 914748AA6<br>LEI: XV74408A6JGDG5126L34 | Long             | DBT              | CORP              | US        |     385000 | PA      | $321671.35     | 0.00%             | 2048-02-15      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599CF0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     220000 | PA      | $184839.60     | 0.00%             | 2045-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CHINA HONGQIAO GROUP LTD                                                         | China Hongqiao Group Ltd                                                         | CUSIP: 000000000<br>LEI: 3003009Q4IBFSDE24571 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $196150.00     | 0.00%             | 2024-06-08      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                                                            | Brooklyn Union Gas Co/The                                                        | CUSIP: 114259AP9<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |     513000 | PA      | $428960.34     | 0.00%             | 2046-03-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FIRST ABU DHABI BANK PJS                                                         | First Abu Dhabi Bank PJSC                                                        | CUSIP: 000000000<br>LEI: 2138002Y3WMK6RZS8H90 | Long             | DBT              | CORP              | AE        |     400000 | PA      | $385396.00     | 0.00%             | 2026-04-05      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP                                                          | Sammons Financial Group Inc                                                      | CUSIP: 79588TAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      20000 | PA      | $18909.20      | 0.00%             | 2027-05-12      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    2200000 | PA      | $2119194.00    | 0.01%             | 2025-04-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BRITISH AIR 21-1 A PPT                                                           | British Airways 2021-1 Class A Pass Through Trust                                | CUSIP: 11042CAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     273558 | PA      | $227928.45     | 0.00%             | 2035-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: —       |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SWW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     591732 | PA      | $553189.82     | 0.00%             | 2047-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                       | CUSIP: 337738BB3<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     763000 | PA      | $695031.96     | 0.00%             | 2027-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBU9<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     180000 | PA      | $175320.00     | 0.00%             | 2028-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     300000 | PA      | $19503.00      | 0.00%             | 2025-06-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829BH9<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     445000 | PA      | $393900.65     | 0.00%             | 2048-03-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW ZEALAND                                                              | Bank of New Zealand                                                              | CUSIP: 06407EAF2<br>LEI: N7LGVZM7X4UQ66T7LT74 | Long             | DBT              | CORP              | NZ        |     288000 | PA      | $246003.84     | 0.00%             | 2032-01-27      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INFO MGMT                                                          | Iron Mountain Information Management Services Inc                                | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |     525000 | PA      | $455642.25     | 0.00%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAS1<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |     713000 | PA      | $655560.72     | 0.00%             | 2045-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641594A1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    1055000 | PA      | $944182.80     | 0.00%             | 2026-06-24      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BQ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1411000 | PA      | $1399133.49    | 0.01%             | 2024-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599EC5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     526000 | PA      | $547018.96     | 0.00%             | 2028-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKC2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2380000 | PA      | $1854829.20    | 0.01%             | 2036-09-21      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                     | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    2813000 | PA      | $2671449.84    | 0.01%             | 2029-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| KOMMUNALBANKEN AS                                                                | Kommunalbanken AS                                                                | CUSIP: 50048MCS7<br>LEI: I7ETN0QQO2AHZZGHJ389 | Long             | DBT              | NUSS              | NO        |    1000000 | PA      | $965020.00     | 0.00%             | 2024-06-19      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133B9MX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7663985 | PA      | $6718135.02    | 0.03%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172AC3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    1131000 | PA      | $1261981.11    | 0.01%             | 2038-05-16      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                                                          | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              |  | US        |     769000 | PA      | $598058.99     | 0.00%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                                                          | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     790000 | PA      | $818368.90     | 0.00%             | 2030-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WBA2<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     435000 | PA      | $433486.20     | 0.00%             | 2032-06-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                    | TransDigm Inc                                                                    | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    2830000 | PA      | $2828952.90    | 0.01%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HORSE GALLOP FINANCE                                                             | Horse Gallop Finance Ltd                                                         | CUSIP: 000000000<br>LEI: 5493005LA8SD8BDUW128 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $377728.00     | 0.00%             | 2024-07-26      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE 2019                                                             | Huarong Finance 2019 Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300M6T6OW4AGYHK10 | Long             | DBT              | CORP              | VG        |    1200000 | PA      | $937752.00     | 0.00%             | 2030-02-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                                                         | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              |  | US        |     535000 | PA      | $470965.85     | 0.00%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91086QAG3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     675000 | PA      | $805767.75     | 0.00%             | 2031-08-15      | Fixed         | 8.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TAJ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     434826 | PA      | $406913.10     | 0.00%             | 2047-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QBCF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     746247 | PA      | $736351.62     | 0.00%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                     | ING Groep NV                                                                     | CUSIP: 456837AH6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    1103000 | PA      | $1066512.76    | 0.01%             | 2027-03-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    1182000 | PA      | $1012938.54    | 0.00%             | 2030-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                            | CUSIP: 73358WCX0<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     255000 | PA      | $283522.01     | 0.00%             | 2040-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                                                                | Newell Brands Inc                                                                | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    1505000 | PA      | $1429614.55    | 0.01%             | 2026-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CA8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1045000 | PA      | $978349.90     | 0.00%             | 2027-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8ST1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     330387 | PA      | $322450.47     | 0.00%             | 2033-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                                                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LAY6<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     300000 | PA      | $271029.00     | 0.00%             | 2045-03-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FK8<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     340000 | PA      | $333682.80     | 0.00%             | 2024-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ALLEGION US HOLDING CO                                                           | Allegion US Holding Co Inc                                                       | CUSIP: 01748NAE4<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |     241000 | PA      | $225614.56     | 0.00%             | 2027-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| NIKE Inc                                                                         | NIKE Inc                                                                         | CUSIP: 654106AD5<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |     192000 | PA      | $169559.04     | 0.00%             | 2043-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMXX6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      84144 | PA      | $83972.35      | 0.00%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                                                   | CUSIP: 91412HGG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     720000 | PA      | $590347.44     | 0.00%             | 2030-05-15      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| Vornado Realty LP                                                                | Vornado Realty LP                                                                | CUSIP: 929043AJ6<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              | CORP              | US        |     325000 | PA      | $310758.50     | 0.00%             | 2025-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AutoNation Inc                                                                   | AutoNation Inc                                                                   | CUSIP: 05329WAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     235000 | PA      | $231167.15     | 0.00%             | 2025-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2G8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1430000 | PA      | $1421019.60    | 0.01%             | 2025-01-10      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                      | CUSIP: 720186AP0<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     210000 | PA      | $202977.60     | 0.00%             | 2052-05-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DK3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    1394000 | PA      | $1217338.38    | 0.01%             | 2040-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Kommunalbanken AS                                                                | Kommunalbanken AS                                                                | CUSIP: 50048MBX7<br>LEI: I7ETN0QQO2AHZZGHJ389 | Long             | DBT              | NUSS              | NO        |    1074000 | PA      | $1027882.44    | 0.00%             | 2025-02-11      | Fixed         | 2.13%                 | No            |                  2 | On Loan: —       |
| CALIFORNIA RESOURCES CRP                                                         | California Resources Corp                                                        | CUSIP: 13057QAH0<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |     355000 | PA      | $345493.10     | 0.00%             | 2026-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAL1<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     600000 | PA      | $528378.00     | 0.00%             | 2030-02-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| BANC CREDITO INVERSIONES                                                         | Banco de Credito e Inversiones SA                                                | CUSIP: 05890PZA7<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $374380.00     | 0.00%             | 2027-10-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Kingdom of Jordan                                                                | Jordan Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     600000 | PA      | $598830.00     | 0.00%             | 2026-01-29      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| USAA CAPITAL CORP                                                                | USAA Capital Corp                                                                | CUSIP: 90327QD89<br>LEI: 5493007XLF4LU3U2W757 | Long             | DBT              | CORP              | US        |     430000 | PA      | $418493.20     | 0.00%             | 2025-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                                                        | WRKCo Inc                                                                        | CUSIP: 92940PAD6<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     618000 | PA      | $613939.74     | 0.00%             | 2029-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61746BDQ6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1630000 | PA      | $1612070.00    | 0.01%             | 2024-04-29      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                                         | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     885000 | PA      | $789420.00     | 0.00%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Woodside Finance Ltd                                                             | Woodside Finance Ltd                                                             | CUSIP: 980236AN3<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |     200000 | PA      | $191052.00     | 0.00%             | 2026-09-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| KRONOS ACQ / KIK CUSTOM                                                          | Kronos Acquisition Holdings Inc / KIK Custom Products Inc                        | CUSIP: 50106GAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     411000 | PA      | $372961.95     | 0.00%             | 2026-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599CX1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     260000 | PA      | $212911.40     | 0.00%             | 2039-08-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DIB SUKUK LTD                                                                    | DIB Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300U3ZMUHC2JQLL56 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $206550.00     | 0.00%             | 2027-11-30      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK                                                                     | Kookmin Bank                                                                     | CUSIP: 50050HAQ9<br>LEI: 549300XXMOJSIW8P4769 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $188676.00     | 0.00%             | 2025-02-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| STEWART INFORMATION SERV                                                         | Stewart Information Services Corp                                                | CUSIP: 86038AAA0<br>LEI: 529900TV1XI0PLKENU10 | Long             | DBT              | CORP              | US        |     200000 | PA      | $158594.00     | 0.00%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| XILINX INC                                                                       | Xilinx Inc                                                                       | CUSIP: 983919AJ0<br>LEI: 6EY4K7ZMF9UX1CU6KC79 | Long             | DBT              | CORP              | US        |     423000 | PA      | $413321.76     | 0.00%             | 2024-06-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| NY STATE ELECTRIC & GAS                                                          | New York State Electric & Gas Corp                                               | CUSIP: 649840CT0<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |     335000 | PA      | $271926.20     | 0.00%             | 2031-10-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JAZ7<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     168000 | PA      | $161747.04     | 0.00%             | 2025-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XQW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3276000 | PA      | $3297795.10    | 0.02%             | 2053-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F022428<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   37174000 | PA      | $34712319.50   | 0.17%             | 2038-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp                                                           | CUSIP: 101137AL1<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |     295000 | PA      | $358722.95     | 0.00%             | 2040-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES LLC/CO-OBL                                                          | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc                          | CUSIP: 05723KAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     297000 | PA      | $270216.54     | 0.00%             | 2029-11-07      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133GGHB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1991185 | PA      | $1814726.74    | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MIRAE ASSET SECURITIES                                                           | Mirae Asset Securities Co Ltd                                                    | CUSIP: 000000000<br>LEI: 98840072S6T63E2V1291 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $374532.00     | 0.00%             | 2024-07-07      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                      | CUSIP: 68389XCE3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1925000 | PA      | $1660659.00    | 0.01%             | 2031-03-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JM0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    1050000 | PA      | $979471.50     | 0.00%             | 2030-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2020-C58                                   | CUSIP: 95002UAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2120000 | PA      | $1752829.63    | 0.01%             | 2053-07-15      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| JELD-WEN INC                                                                     | JELD-WEN Inc                                                                     | CUSIP: 475795AE0<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |      85000 | PA      | $81626.35      | 0.00%             | 2025-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09256BAM9<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     826000 | PA      | $595413.84     | 0.00%             | 2049-09-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABS3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     685000 | PA      | $600450.45     | 0.00%             | 2029-02-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833DF4<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     725000 | PA      | $703409.50     | 0.00%             | 2025-01-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                   | Transocean Inc                                                                   | CUSIP: 893830BQ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     504000 | PA      | $526266.72     | 0.00%             | 2027-01-30      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                                                         | Baylor Scott & White Holdings                                                    | CUSIP: 072863AH6<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |      25000 | PA      | $20246.00      | 0.00%             | 2030-11-15      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                                             | Garda World Security Corp                                                        | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     345000 | PA      | $288033.60     | 0.00%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOVT OF BERMUDA                                                                  | Bermuda Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |     740000 | PA      | $538461.00     | 0.00%             | 2050-08-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                       | CUSIP: 444859BU5<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     175000 | PA      | $182495.25     | 0.00%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDI                                                                 | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B69<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     610000 | PA      | $507208.90     | 0.00%             | 2031-06-17      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CABLE ONDA SA                                                                    | Telecomunicaciones Digitales SA                                                  | CUSIP: 000000000<br>LEI: 5299008Q5GONPYNF9J32 | Long             | DBT              | CORP              | PA        |     400000 | PA      | $355256.00     | 0.00%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| China Development Bank                                                           | China Development Bank                                                           | CUSIP: 000000000<br>LEI: 300300C1020111000029 | Long             | DBT              | NUSS              | CN        |     400000 | PA      | $376020.00     | 0.00%             | 2037-01-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO TEACHERS' FINANC                                                         | Ontario Teachers' Finance Trust                                                  | CUSIP: 68329AAK4<br>LEI: 635400ZZE5J8OXXBBY26 | Long             | DBT              | NUSS              | CA        |      25000 | PA      | $22198.25      | 0.00%             | 2026-09-21      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140H2YR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      64643 | PA      | $63090.13      | 0.00%             | 2032-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DBL2<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     829000 | PA      | $569705.38     | 0.00%             | 2055-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                                             | M&T Bank Corp                                                                    | CUSIP: 55261FAR5<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |     500000 | PA      | $498645.00     | 0.00%             | 2034-01-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| WEWORK COS LLC/WW CO-OBL                                                         | WeWork Cos LLC / WW Co-Obligor Inc                                               | CUSIP: 96209BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     325000 | PA      | $137163.00     | 0.00%             | 2025-07-10      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109CC3<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     865000 | PA      | $778448.10     | 0.00%             | 2032-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CHINA DEVELOPMENT BK/HK                                                          | China Development Bank/Hong Kong                                                 | CUSIP: 000000000<br>LEI: 300300C1020111000029 | Long             | DBT              | NUSS              | CN        |     400000 | PA      | $376024.00     | 0.00%             | 2024-09-09      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788MAK8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     980000 | PA      | $1067896.20    | 0.01%             | 2033-10-28      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BW9<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |      93000 | PA      | $64591.29      | 0.00%             | 2051-08-12      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| FAR EAST HORIZON LTD                                                             | Far East Horizon Ltd                                                             | CUSIP: 000000000<br>LEI: 549300S9XRGO1ZPUHE62 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $183722.00     | 0.00%             | 2025-02-18      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    1350000 | PA      | $952330.50     | 0.00%             | 2051-02-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nokia OYJ                                                                        | Nokia Oyj                                                                        | CUSIP: 654902AC9<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |     350000 | PA      | $356821.50     | 0.00%             | 2039-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RS91<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     456772 | PA      | $442191.65     | 0.00%             | 2045-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VM CONSOLIDATED INC                                                              | VM Consolidated Inc                                                              | CUSIP: 91835HAA0<br>LEI: 549300GCTGJLEBXJUK89 | Long             | DBT              | CORP              | US        |     233000 | PA      | $214651.25     | 0.00%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                                         | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAR8<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     415000 | PA      | $375280.35     | 0.00%             | 2029-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MINERVA LUXEMBOURG SA                                                            | Minerva Luxembourg SA                                                            | CUSIP: 000000000<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | LU        |    1000000 | PA      | $847320.00     | 0.00%             | 2031-03-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TWILIO INC                                                                       | Twilio Inc                                                                       | CUSIP: 90138FAD4<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |     370000 | PA      | $306752.20     | 0.00%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                                 | CUSIP: 57582RYN0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |      98684 | PA      | $81726.69      | 0.00%             | 2039-09-01      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BR2<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     200000 | PA      | $216884.00     | 0.00%             | 2032-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WTX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   53485180 | PA      | $46363801.78   | 0.22%             | 2051-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA                                                           | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 830505AX1<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |    1200000 | PA      | $1169292.00    | 0.01%             | 2025-06-09      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAM4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     295000 | PA      | $263069.20     | 0.00%             | 2026-08-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CU2<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     559000 | PA      | $504033.53     | 0.00%             | 2027-06-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JK7<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     175000 | PA      | $165763.50     | 0.00%             | 2027-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                                                   | EPR Properties                                                                   | CUSIP: 26884UAG4<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |     265000 | PA      | $206580.75     | 0.00%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                    | CUSIP: 47233JDX3<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |     145000 | PA      | $115727.40     | 0.00%             | 2032-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBM8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     455000 | PA      | $492410.10     | 0.00%             | 2033-10-25      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                                          | Starwood Property Trust Inc                                                      | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     300000 | PA      | $269871.00     | 0.00%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| IRB HOLDING CORP                                                                 | IRB Holding Corp                                                                 | CUSIP: 44988MAC9<br>LEI: 549300HVW4WNWYBXN830 | Long             | DBT              | CORP              | US        |     494000 | PA      | $495610.44     | 0.00%             | 2025-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JACOBS ENTERTAINMENT INC                                                         | Jacobs Entertainment Inc                                                         | CUSIP: 469815AK0<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |     425000 | PA      | $396002.25     | 0.00%             | 2029-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142CY7<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     125000 | PA      | $131403.75     | 0.00%             | 2040-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO                                                          | KazMunayGas National Co JSC                                                      | CUSIP: 000000000<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |    1000000 | PA      | $790410.00     | 0.00%             | 2047-04-19      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OIL & GAS HOLDING                                                                | Oil and Gas Holding Co BSCC/The                                                  | CUSIP: 000000000<br>LEI: 549300OBH16L6TS6IW50 | Long             | DBT              | CORP              | BH        |     600000 | PA      | $614010.00     | 0.00%             | 2024-11-07      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109AL5<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     690000 | PA      | $809445.90     | 0.00%             | 2038-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HOSPITAL CORP                                                         | Children's Hospital Corp/The                                                     | CUSIP: 16876BAB8<br>LEI: 549300NXFO6BISJLOS32 | Long             | DBT              | CORP              | US        |     135000 | PA      | $89511.75      | 0.00%             | 2050-02-01      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| INTERCORP FIN SER INC                                                            | Intercorp Financial Services Inc                                                 | CUSIP: 000000000<br>LEI: 5299004181WFTEWB1398 | Long             | DBT              | CORP              | PA        |     205000 | PA      | $186144.10     | 0.00%             | 2027-10-19      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     900000 | PA      | $791631.00     | 0.00%             | 2024-01-27      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023BX2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     653000 | PA      | $609373.07     | 0.00%             | 2028-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                                                 | Lamar Media Corp                                                                 | CUSIP: 513075BT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     355000 | PA      | $315914.50     | 0.00%             | 2030-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                                          | United Rentals North America Inc                                                 | CUSIP: 911365BM5<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     514000 | PA      | $488084.12     | 0.00%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FNWX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9000000 | PA      | $8476403.13    | 0.04%             | 2026-07-25      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                        | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18                      | CUSIP: 61763XAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     254057 | PA      | $250071.59     | 0.00%             | 2047-10-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CH9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     687000 | PA      | $493781.25     | 0.00%             | 2055-05-15      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                   | CUSIP: 958667AC1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     907000 | PA      | $830358.50     | 0.00%             | 2030-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                 | CUSIP: 373334KK6<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     540000 | PA      | $518556.60     | 0.00%             | 2024-09-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06368LGV2<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    1050000 | PA      | $1071000.00    | 0.01%             | 2028-02-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                         | CUSIP: 25468PCP9<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |     385000 | PA      | $362700.80     | 0.00%             | 2041-08-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                       | CUSIP: 31428XCA2<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     876000 | PA      | $860967.84     | 0.00%             | 2050-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375DC3<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |     490000 | PA      | $473594.80     | 0.00%             | 2032-08-05      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                                                                | Chord Energy Corp                                                                | CUSIP: 674215AL2<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |     235000 | PA      | $231484.40     | 0.00%             | 2026-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| OWL ROCK TECHNOLOGY FINA                                                         | Owl Rock Technology Finance Corp                                                 | CUSIP: 691205AG3<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |     645000 | PA      | $532537.80     | 0.00%             | 2027-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513CA1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     700000 | PA      | $620620.00     | 0.00%             | 2032-03-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GXM1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1520000 | PA      | $1359077.60    | 0.01%             | 2026-12-09      | Fixed         | 1.09%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                     | CUSIP: 65473PAM7<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     350000 | PA      | $341985.00     | 0.00%             | 2052-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                                                             | Appalachian Power Co                                                             | CUSIP: 037735CV7<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |      75000 | PA      | $66285.00      | 0.00%             | 2045-06-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                                          | DCP Midstream Operating LP                                                       | CUSIP: 26439XAC7<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     190000 | PA      | $217379.00     | 0.00%             | 2030-08-16      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 05581KAC5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     405000 | PA      | $395053.20     | 0.00%             | 2027-03-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    1000000 | PA      | $837570.00     | 0.00%             | 2031-03-02      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| MT SINAI HOSPITAL                                                                | Mount Sinai Hospitals Group Inc                                                  | CUSIP: 623115AE2<br>LEI: 549300IJEDK5LH7YPT15 | Long             | DBT              | CORP              | US        |     535000 | PA      | $429407.05     | 0.00%             | 2049-07-01      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                | CUSIP: 17275RAD4<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |    1410000 | PA      | $1612292.70    | 0.01%             | 2039-02-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                                     | Entergy Corp                                                                     | CUSIP: 29364GAP8<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     615000 | PA      | $508660.35     | 0.00%             | 2031-06-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBJ3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     875000 | PA      | $792242.50     | 0.00%             | 2025-09-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2360000 | PA      | $2063725.60    | 0.01%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMware Inc                                                                       | CUSIP: 928563AK1<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     250000 | PA      | $210810.00     | 0.00%             | 2028-08-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661ED5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    1015000 | PA      | $874493.55     | 0.00%             | 2028-09-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL BANK OF KOREA                                                         | Industrial Bank of Korea                                                         | CUSIP: 45604HAK3<br>LEI: 988400RBIWE3YA18PK12 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $187182.00     | 0.00%             | 2024-09-17      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CQ9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     400000 | PA      | $398172.00     | 0.00%             | 2033-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SP POWERASSETS LTD                                                               | SP PowerAssets Ltd                                                               | CUSIP: 78462QAE9<br>LEI: 635400GIJMVHO4MDQI52 | Long             | DBT              | CORP              | SG        |     600000 | PA      | $568830.00     | 0.00%             | 2027-09-26      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| Brookfield Finance Inc                                                           | Brookfield Finance Inc                                                           | CUSIP: 11271LAD4<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     868000 | PA      | $864458.56     | 0.00%             | 2029-03-29      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167CW1<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    1135000 | PA      | $1086353.90    | 0.01%             | 2025-01-22      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CROWN AMERICAS LLC                                                               | Crown Americas LLC                                                               | CUSIP: 228180AB1<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |     305000 | PA      | $293562.50     | 0.00%             | 2030-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RBQ0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     256000 | PA      | $250342.40     | 0.00%             | 2025-11-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                      | Cargill Inc                                                                      | CUSIP: 141781BZ6<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |     525000 | PA      | $546792.75     | 0.00%             | 2032-10-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   73250000 | PA      | $66394257.81   | 0.32%             | 2025-11-30      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CE4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1450000 | PA      | $1307987.00    | 0.01%             | 2048-01-11      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                                                       | Nasdaq Inc                                                                       | CUSIP: 63111XAE1<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     495000 | PA      | $344896.20     | 0.00%             | 2040-12-21      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JR6<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |     625000 | PA      | $589100.00     | 0.00%             | 2025-01-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CP5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1255000 | PA      | $1154273.70    | 0.01%             | 2032-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                          | CUSIP: 56585ABE1<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |     557000 | PA      | $473778.63     | 0.00%             | 2048-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YBB0<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    1083000 | PA      | $741790.02     | 0.00%             | 2050-06-24      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY DOM HOLD                                                          | Morgan Stanley Domestic Holdings Inc                                             | CUSIP: 269246BQ6<br>LEI: 549300LYE2HSVYJFJD24 | Long             | DBT              | CORP              | US        |     748000 | PA      | $725963.92     | 0.00%             | 2027-08-24      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                     | CUSIP: 863667AQ4<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     483000 | PA      | $466747.05     | 0.00%             | 2028-03-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF JORDAN                                                                | Jordan Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     600000 | PA      | $622692.00     | 0.00%             | 2028-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Ausgrid Finance Pty Ltd                                                          | Ausgrid Finance Pty Ltd                                                          | CUSIP: 052113AB3<br>LEI: 549300DN8D7YR73BKB57 | Long             | DBT              | CORP              | AU        |     240000 | PA      | $228499.20     | 0.00%             | 2028-08-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| CENTERPOINT ENERGY INC                                                           | CenterPoint Energy Inc                                                           | CUSIP: 15189TBA4<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     416000 | PA      | $375976.64     | 0.00%             | 2026-06-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Inc                                                              | Harley-Davidson Inc                                                              | CUSIP: 412822AE8<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | DBT              | CORP              | US        |     410000 | PA      | $337926.10     | 0.00%             | 2045-07-28      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                                                           | Telecom Italia Capital SA                                                        | CUSIP: 87927VAV0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     723000 | PA      | $623724.87     | 0.00%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                           | Lumen Technologies Inc                                                           | CUSIP: 156700BD7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     655000 | PA      | $440133.80     | 0.00%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PBE1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     616000 | PA      | $731536.96     | 0.00%             | 2037-11-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAP1<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     350000 | PA      | $269251.50     | 0.00%             | 2051-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 25160PAJ6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     390000 | PA      | $395237.70     | 0.00%             | 2026-07-14      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                             | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     840000 | PA      | $644733.60     | 0.00%             | 2052-02-02      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CR8<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     554000 | PA      | $404309.20     | 0.00%             | 2050-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWQY3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2711405 | PA      | $2612479.25    | 0.01%             | 2035-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                                                   | Public Storage                                                                   | CUSIP: 74460DAG4<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |     480000 | PA      | $434236.80     | 0.00%             | 2026-11-09      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| RUMO LUXEMBOURG SARL                                                             | Rumo Luxembourg Sarl                                                             | CUSIP: 000000000<br>LEI: 222100HOIQFT7YOSPB46 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $192500.00     | 0.00%             | 2028-01-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                           | GE HealthCare Technologies Inc                                                   | CUSIP: 36267VAG8<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |     400000 | PA      | $424296.00     | 0.00%             | 2030-03-15      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| APTIV PLC / APTIV CORP                                                           | Aptiv PLC / Aptiv Corp                                                           | CUSIP: 00217GAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     475000 | PA      | $410495.00     | 0.00%             | 2032-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDW8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   31500000 | PA      | $28386914.22   | 0.14%             | 2029-01-31      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AP MOLLER-MAERSK A/S                                                             | AP Moller - Maersk A/S                                                           | CUSIP: 00203QAE7<br>LEI: 549300D2K6PKKKXVNN73 | Long             | DBT              | CORP              | DK        |     475000 | PA      | $467029.50     | 0.00%             | 2029-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PROSPECT CAPITAL CORP                                                            | Prospect Capital Corp                                                            | CUSIP: 74348TAV4<br>LEI: 549300FSD8T39P5Q0O47 | Long             | DBT              | CORP              | US        |     405000 | PA      | $354528.90     | 0.00%             | 2026-11-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132JMLM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      19155 | PA      | $18492.48      | 0.00%             | 2043-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                                                               | Alcon Finance Corp                                                               | CUSIP: 01400EAC7<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |     455000 | PA      | $372463.00     | 0.00%             | 2049-09-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                               | Viking Cruises Ltd                                                               | CUSIP: 92676XAE7<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     425000 | PA      | $450878.25     | 0.00%             | 2025-05-15      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| SENSATA TECH INC                                                                 | Sensata Technologies Inc                                                         | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |     340000 | PA      | $307795.20     | 0.00%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154BT5<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     800000 | PA      | $773248.00     | 0.00%             | 2025-01-21      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                                                         | Sumitomo Mitsui Trust Bank Ltd                                                   | CUSIP: 86563VAV1<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |     615000 | PA      | $555855.45     | 0.00%             | 2026-03-25      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TUD5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      98112 | PA      | $100842.58     | 0.00%             | 2048-03-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDEX CORP                                                                        | IDEX Corp                                                                        | CUSIP: 45167RAH7<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | DBT              | CORP              | US        |     365000 | PA      | $312666.30     | 0.00%             | 2031-06-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                                         | United Wholesale Mortgage LLC                                                    | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     530000 | PA      | $496991.60     | 0.00%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                | Iron Mountain Inc                                                                | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     345000 | PA      | $319183.65     | 0.00%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599DH5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     228000 | PA      | $261746.28     | 0.00%             | 2039-06-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578QAC7<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     850000 | PA      | $835150.50     | 0.00%             | 2024-07-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Oshkosh Corp                                                                     | Oshkosh Corp                                                                     | CUSIP: 688239AF9<br>LEI: 549300FEKNPCFSA2B506 | Long             | DBT              | CORP              | US        |     590000 | PA      | $574996.30     | 0.00%             | 2028-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063BJC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1350000 | PA      | $1829452.50    | 0.01%             | 2040-11-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                   | CUSIP: 79466LAH7<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     500000 | PA      | $436670.00     | 0.00%             | 2028-07-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650CM0<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    1511000 | PA      | $1503142.80    | 0.01%             | 2035-07-20      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CROCS INC                                                                        | Crocs Inc                                                                        | CUSIP: 227046AA7<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     206000 | PA      | $179520.76     | 0.00%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513ECG4<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    1110000 | PA      | $1091296.50    | 0.01%             | 2024-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PCD2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     456000 | PA      | $428909.04     | 0.00%             | 2043-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AT HOME GROUP INC                                                                | At Home Group Inc                                                                | CUSIP: 04650YAA8<br>LEI: 549300LGPR0P05O30I24 | Long             | DBT              | CORP              | US        |     370000 | PA      | $270022.30     | 0.00%             | 2028-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| Sprint Capital Corp                                                              | Sprint Capital Corp                                                              | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    1685000 | PA      | $1806269.45    | 0.01%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                      | CUSIP: 38122ND66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     205000 | PA      | $162650.28     | 0.00%             | 2050-06-01      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc                                                               | Cenovus Energy Inc                                                               | CUSIP: 15135UAF6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     935000 | PA      | $1027462.15    | 0.00%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | Sutter Health                                                                    | CUSIP: 86944BAG8<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |     234000 | PA      | $196864.20     | 0.00%             | 2030-08-15      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| KODIT GLOBAL 2022                                                                | Kodit Global 2022 The 1st Securitization Specialty Co Ltd                        | CUSIP: 000000000<br>LEI: 988400D9QIP9U79PQC46 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $193288.00     | 0.00%             | 2025-05-27      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                                       | JPMBB Commercial Mortgage Securities Trust 2015-C32                              | CUSIP: 46590JAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2500000 | PA      | $2386268.75    | 0.01%             | 2048-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                        | CUSIP: 682680AV5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     503000 | PA      | $455391.05     | 0.00%             | 2048-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                             | Boston Properties LP                                                             | CUSIP: 10112RAX2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1061280.00    | 0.01%             | 2026-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAP5<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     380000 | PA      | $336980.20     | 0.00%             | 2029-12-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp                                                           | CUSIP: 101137AU1<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |     481000 | PA      | $463255.91     | 0.00%             | 2049-03-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                               | CUSIP: 30303M8G0<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    2110000 | PA      | $2025452.30    | 0.01%             | 2027-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KOREA HYDRO & NUCLEAR PO                                                         | Korea Hydro & Nuclear Power Co Ltd                                               | CUSIP: 000000000<br>LEI: 9884008CRY5MLCN8OQ43 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $178346.00     | 0.00%             | 2026-04-27      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAQ1<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     165000 | PA      | $178490.40     | 0.00%             | 2041-01-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CAESARS RESORT / FINCO                                                           | Caesars Resort Collection LLC / CRC Finco Inc                                    | CUSIP: 12770RAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     575000 | PA      | $575345.00     | 0.00%             | 2025-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578QAE3<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     600000 | PA      | $588402.00     | 0.00%             | 2026-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAP2<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |      72000 | PA      | $70028.64      | 0.00%             | 2025-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GR                                                         | Cogent Communications Group Inc                                                  | CUSIP: 19240CAC7<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |     325000 | PA      | $301141.75     | 0.00%             | 2026-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RECKITT BENCKISER TSY                                                            | Reckitt Benckiser Treasury Services PLC                                          | CUSIP: 75625QAE9<br>LEI: 213800LAXWIUOOBZ3908 | Long             | DBT              | CORP              | GB        |     673000 | PA      | $635897.51     | 0.00%             | 2027-06-26      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CM6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     800000 | PA      | $803632.00     | 0.00%             | 2024-11-29      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                       | CUSIP: 695114CN6<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     250000 | PA      | $221265.00     | 0.00%             | 2042-02-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140L2RS4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12257246 | PA      | $10377963.85   | 0.05%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                                                     | Calpine Corp                                                                     | CUSIP: 131347CR5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     590000 | PA      | $491995.10     | 0.00%             | 2031-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| KOMMUNEKREDIT                                                                    | Kommunekredit                                                                    | CUSIP: 000000000<br>LEI: 529900D8QLTZ6PRLJL76 | Long             | DBT              | NUSS              | DK        |     200000 | PA      | $183856.00     | 0.00%             | 2025-06-10      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| UDR Inc                                                                          | UDR Inc                                                                          | CUSIP: 90265EAM2<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     155000 | PA      | $147530.55     | 0.00%             | 2027-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZM9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2108000 | PA      | $1805902.52    | 0.01%             | 2033-02-24      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385AE1<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     195000 | PA      | $207281.10     | 0.00%             | 2033-06-30      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    1600000 | PA      | $1459232.00    | 0.01%             | 2029-12-03      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                                                     | NiSource Inc                                                                     | CUSIP: 65473PAJ4<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     860000 | PA      | $796334.20     | 0.00%             | 2030-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SURINAME INT                                                         | Suriname Government International Bond                                           | CUSIP: 000000000<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     200000 | PA      | $139250.00     | 0.00%             | 2026-10-26      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BS2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    1007000 | PA      | $923408.93     | 0.00%             | 2025-07-17      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CL1<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     320000 | PA      | $289436.80     | 0.00%             | 2044-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2017-C41                                   | CUSIP: 95001ABD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5000000 | PA      | $4712899.95    | 0.02%             | 2050-11-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| KING POWER CAPITAL LTD                                                           | King Power Capital Ltd                                                           | CUSIP: 000000000<br>LEI: 2549002FHBAIITU39C41 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $403408.00     | 0.00%             | 2024-11-03      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8U37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2768637 | PA      | $2523281.38    | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | Entergy Arkansas LLC                                                             | CUSIP: 29366MAB4<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |     387000 | PA      | $257498.19     | 0.00%             | 2051-06-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                          | CUSIP: 56585AAF9<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |     685000 | PA      | $750109.25     | 0.00%             | 2041-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833DP2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1406000 | PA      | $1247389.14    | 0.01%             | 2029-09-11      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                          | CUSIP: 29670GAD4<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |     931000 | PA      | $808210.41     | 0.00%             | 2030-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400FH1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     290000 | PA      | $309830.20     | 0.00%             | 2038-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                                         | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     825000 | PA      | $695128.50     | 0.00%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JOHNS HOPKINS UNIVERSITY                                                         | Johns Hopkins University                                                         | CUSIP: 478115AH1<br>LEI: 549300Z1XKWYKTIOM958 | Long             | DBT              | CORP              | US        |     220000 | PA      | $227686.80     | 0.00%             | 2032-07-01      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967NS6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     985000 | PA      | $976479.75     | 0.00%             | 2028-05-24      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| GRAY OAK PIPELINE LLC                                                            | Gray Oak Pipeline LLC                                                            | CUSIP: 38937LAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     220000 | PA      | $201627.80     | 0.00%             | 2025-10-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| YAN GANG LTD                                                                     | Yan Gang Ltd                                                                     | CUSIP: 000000000<br>LEI: 8755009APYE01B5RUJ48 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $358208.00     | 0.00%             | 2026-03-23      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HBN4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    1567000 | PA      | $1508096.47    | 0.01%             | 2027-03-09      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 86765BAQ2<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |     619000 | PA      | $564787.98     | 0.00%             | 2045-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                                                     | US Foods Inc                                                                     | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     590000 | PA      | $540711.40     | 0.00%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                                                         | Telefonica Emisiones SA                                                          | CUSIP: 87938WAW3<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |     801000 | PA      | $676428.48     | 0.00%             | 2048-03-06      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| EMPRESA DE TRANSMISION                                                           | Empresa de Transmision Electrica SA                                              | CUSIP: 000000000<br>LEI: 254900RX1DOMC83TZ320 | Long             | DBT              | CORP              | PA        |     200000 | PA      | $167434.00     | 0.00%             | 2049-05-02      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 25160PAF4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     695000 | PA      | $635591.40     | 0.00%             | 2026-03-19      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WLAK9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     107204 | PA      | $103459.01     | 0.00%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CENTRAL PLAZA DEV LTD                                                            | Central Plaza Development Ltd                                                    | CUSIP: 000000000<br>LEI: 254900HLDKFNM2WUVJ54 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $166868.00     | 0.00%             | 2024-11-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                                                                | GEO Group Inc/The                                                                | CUSIP: 36162JAD8<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |     170000 | PA      | $164418.90     | 0.00%             | 2028-12-31      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| HONGKONG ELECTRIC FIN                                                            | Hongkong Electric Finance Ltd                                                    | CUSIP: 000000000<br>LEI: 254900ZFMQ2KI2067818 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $337784.00     | 0.00%             | 2030-06-09      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH CO/INBEV                                                          | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                      | CUSIP: 03522AAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2856000 | PA      | $2831809.68    | 0.01%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| EI SUKUK CO LTD                                                                  | EI Sukuk Co Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300IIDFP0RTSSG071 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $557856.00     | 0.00%             | 2025-09-23      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                                                | Atmos Energy Corp                                                                | CUSIP: 049560AK1<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     178000 | PA      | $185458.20     | 0.00%             | 2041-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                    | CUSIP: 143658AH5<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     249000 | PA      | $191949.12     | 0.00%             | 2028-01-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| ATI INC                                                                          | ATI Inc                                                                          | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     200000 | PA      | $182994.00     | 0.00%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| INVERSIONES CMPC SA                                                              | Inversiones CMPC SA                                                              | CUSIP: 000000000<br>LEI: 549300G475ACIABB4385 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $173764.00     | 0.00%             | 2031-04-06      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233851CB8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    1165000 | PA      | $1131552.85    | 0.01%             | 2025-08-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAN2<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |     120000 | PA      | $112040.40     | 0.00%             | 2028-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QN1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    4350000 | PA      | $4993664.06    | 0.02%             | 2041-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    1700000 | PA      | $1668771.00    | 0.01%             | 2046-06-02      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HONGKONG ELECTRIC FIN                                                            | Hongkong Electric Finance Ltd                                                    | CUSIP: 000000000<br>LEI: 254900ZFMQ2KI2067818 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $188742.00     | 0.00%             | 2026-05-03      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BME3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     588302 | PA      | $547182.18     | 0.00%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967ND9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     568000 | PA      | $529745.20     | 0.00%             | 2025-11-03      | Fixed         | 1.28%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                                                           | Southwestern Energy Co                                                           | CUSIP: 845467AS8<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     990000 | PA      | $922581.00     | 0.00%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175AY0<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | DBT              | CORP              | US        |    3762000 | PA      | $3742776.18    | 0.02%             | 2025-07-23      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                      | Netflix Inc                                                                      | CUSIP: 64110LAX4<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     569000 | PA      | $610172.84     | 0.00%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Mayo Clinic                                                                      | Mayo Clinic                                                                      | CUSIP: 578454AB6<br>LEI: 5493001OHMD58DCY4635 | Long             | DBT              | CORP              | US        |     330000 | PA      | $287106.60     | 0.00%             | 2043-11-15      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| TINGYI (C.I.) HLDG CORP                                                          | Tingyi Cayman Islands Holding Corp                                               | CUSIP: 000000000<br>LEI: 5299009MPI9B60VN4P25 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $543570.00     | 0.00%             | 2025-09-24      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALT                                                         | Rexford Industrial Realty LP                                                     | CUSIP: 76169XAB0<br>LEI: 549300028US163ELJN70 | Long             | DBT              |  | US        |     375000 | PA      | $299936.25     | 0.00%             | 2031-09-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF BELARUS                                                              | Republic of Belarus International Bond                                           | CUSIP: 000000000<br>LEI: 635400CVCOWYLHF4ZB08 | Long             | DBT              | NUSS              | BY        |     400000 | PA      | $169000.00     | 0.00%             | 2026-02-24      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J7XT7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     338050 | PA      | $326792.55     | 0.00%             | 2032-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ICL GROUP LIMITED                                                                | ICL Group Ltd                                                                    | CUSIP: 000000000<br>LEI: 529900FQVQD88SHIGM04 | Long             | DBT              | CORP              | IL        |     453000 | PA      | $456619.47     | 0.00%             | 2038-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543BJ1<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     630000 | PA      | $719113.50     | 0.00%             | 2029-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DIAMOND SPORTS GR/DIAMON                                                         | Diamond Sports Group LLC / Diamond Sports Finance Co                             | CUSIP: 25277LAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1325000 | PA      | $96579.25      | 0.00%             | 2026-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| RAYMOND JAMES FINANCIAL                                                          | Raymond James Financial Inc                                                      | CUSIP: 754730AH2<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |     251000 | PA      | $198621.32     | 0.00%             | 2051-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GREENKO WIND PROJECTS MU                                                         | Greenko Wind Projects Mauritius Ltd                                              | CUSIP: 000000000<br>LEI: 254900MSUXE1FF83DP82 | Long             | DBT              | CORP              | MU        |     600000 | PA      | $567468.00     | 0.00%             | 2025-04-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7EF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      96021 | PA      | $94223.57      | 0.00%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                                         | Builders FirstSource Inc                                                         | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     972000 | PA      | $836406.00     | 0.00%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                              | Synchrony Financial                                                              | CUSIP: 87165BAU7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     400000 | PA      | $399492.00     | 0.00%             | 2033-02-02      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DUKE UNIVERSITY HEALTH                                                           | Duke University Health System Inc                                                | CUSIP: 26443CAA1<br>LEI: SYIJ9BNVFR17R33OPQ57 | Long             | DBT              | CORP              | US        |     488000 | PA      | $428595.76     | 0.00%             | 2047-06-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 00946AAA2<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |    1200000 | PA      | $975420.00     | 0.00%             | 2031-02-04      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE                                                         | Connect Finco SARL / Connect US Finco LLC                                        | CUSIP: 20752TAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    1540000 | PA      | $1472779.00    | 0.01%             | 2026-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                | CUSIP: 906548CH3<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     130000 | PA      | $175346.60     | 0.00%             | 2039-03-15      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                                                                | Lam Research Corp                                                                | CUSIP: 512807AU2<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     795000 | PA      | $781206.75     | 0.00%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BG ENERGY CAPITAL PLC                                                            | BG Energy Capital PLC                                                            | CUSIP: 05541VAF3<br>LEI: S2M8QDKEE05NZN8JD460 | Long             | DBT              | CORP              | GB        |     765000 | PA      | $763783.65     | 0.00%             | 2041-10-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VAS3<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     681000 | PA      | $543792.12     | 0.00%             | 2030-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200AS0<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     387000 | PA      | $422507.25     | 0.00%             | 2028-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Avangrid Inc                                                                     | Avangrid Inc                                                                     | CUSIP: 05351WAB9<br>LEI: 549300OX0Q38NLSKPB49 | Long             | DBT              | CORP              | US        |     627000 | PA      | $589944.30     | 0.00%             | 2029-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128284V9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   47650000 | PA      | $45870570.31   | 0.22%             | 2028-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV FIN                                                         | Anheuser-Busch InBev Finance Inc                                                 | CUSIP: 035242AN6<br>LEI: 5493000EYEKDT0FBSQ91 | Long             | DBT              | CORP              | US        |    1786000 | PA      | $1741278.56    | 0.01%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| OOREDOO INTL FINANCE                                                             | Ooredoo International Finance Ltd                                                | CUSIP: 74735K2B7<br>LEI: 549300BHXCDJ03WU7N77 | Long             | DBT              | CORP              | BM        |     400000 | PA      | $391372.00     | 0.00%             | 2028-01-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                                                              | Georgia-Pacific LLC                                                              | CUSIP: 37331NAL5<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     657000 | PA      | $599538.78     | 0.00%             | 2027-04-30      | Fixed         | 2.10%                 | No            |                  2 | On Loan: —       |
| MACQUARIE GROUP LTD                                                              | Macquarie Group Ltd                                                              | CUSIP: 55608JAZ1<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     480000 | PA      | $387993.60     | 0.00%             | 2033-01-14      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| KELLOGG CO                                                                       | Kellogg Co                                                                       | CUSIP: 487836BX5<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |     695000 | PA      | $586837.15     | 0.00%             | 2030-06-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CP9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1417948.00    | 0.01%             | 2027-12-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                        | CUSIP: 502431AF6<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     477000 | PA      | $424262.88     | 0.00%             | 2029-12-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp                                                            | General Dynamics Corp                                                            | CUSIP: 369550AX6<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |    1060000 | PA      | $987390.00     | 0.00%             | 2026-08-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| EMPRESA DE LOS FERROCARR                                                         | Empresa de los Ferrocarriles del Estado                                          | CUSIP: 000000000<br>LEI: 8755006LY8XNRFOGWN86 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $256608.00     | 0.00%             | 2050-08-18      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTL 17 LTD                                                         | CK Hutchison International 17 Ltd                                                | CUSIP: 12563UAB3<br>LEI: 254900TNOJOSKVTDPK87 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $191834.00     | 0.00%             | 2027-04-05      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ASSURANT INC                                                                     | Assurant Inc                                                                     | CUSIP: 04621XAM0<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     346000 | PA      | $307313.74     | 0.00%             | 2030-02-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Tanger Properties LP                                                             | Tanger Properties LP                                                             | CUSIP: 875484AK3<br>LEI: PQPGJDNFN35EXH363L31 | Long             | DBT              |  | US        |     160000 | PA      | $149891.20     | 0.00%             | 2027-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FINAN CO XII                                                           | KKR Group Finance Co XII LLC                                                     | CUSIP: 48255GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     291000 | PA      | $282965.49     | 0.00%             | 2032-05-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| MASS GENERAL BRIGHAM INC                                                         | Mass General Brigham Inc                                                         | CUSIP: 70213HAC2<br>LEI: 5493007Z86EDN0QFYU66 | Long             | DBT              | CORP              | US        |      40000 | PA      | $34838.00      | 0.00%             | 2055-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KZ3<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     530000 | PA      | $529104.30     | 0.00%             | 2053-02-06      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    2200000 | PA      | $1991924.00    | 0.01%             | 2025-10-21      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                                                           | Cox Communications Inc                                                           | CUSIP: 224044CM7<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     615000 | PA      | $401416.65     | 0.00%             | 2050-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| RUSH OBLIGATED GROUP                                                             | Rush Obligated Group                                                             | CUSIP: 78200JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     420000 | PA      | $398428.80     | 0.00%             | 2029-11-15      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GAT9<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    1152000 | PA      | $1110746.88    | 0.01%             | 2026-03-01      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PAT5<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     400000 | PA      | $358568.00     | 0.00%             | 2047-05-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ANHUI TRANSPORTATION HK                                                          | Anhui Transportation Holding Group HK Ltd                                        | CUSIP: 000000000<br>LEI: 30030080CN4AQSINSE71 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $178202.00     | 0.00%             | 2026-08-26      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 969457BX7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    1127000 | PA      | $1031779.77    | 0.00%             | 2030-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                                                             | Sabra Health Care LP                                                             | CUSIP: 78572XAG6<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              |  | US        |     826000 | PA      | $705494.86     | 0.00%             | 2029-10-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MET TOWER GLOBAL FUNDING                                                         | Met Tower Global Funding                                                         | CUSIP: 58989V2E3<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |     700000 | PA      | $681940.00     | 0.00%             | 2025-06-13      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081EK5<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     989000 | PA      | $939352.20     | 0.00%             | 2048-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 68323AFF6<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     696000 | PA      | $656529.84     | 0.00%             | 2026-06-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                                                          | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAC7<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |      65000 | PA      | $64840.75      | 0.00%             | 2028-02-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                         | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBE9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     560000 | PA      | $341818.40     | 0.00%             | 2028-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J82S1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     284793 | PA      | $281698.55     | 0.00%             | 2045-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAUDI ELEC GLB SUKUK                                                             | Saudi Electricity Global Sukuk Co 4                                              | CUSIP: 000000000<br>LEI: 549300KSEZC1HOYC2778 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $820688.00     | 0.00%             | 2028-09-27      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| PPG Industries Inc                                                               | PPG Industries Inc                                                               | CUSIP: 693506BP1<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |     286000 | PA      | $279024.46     | 0.00%             | 2028-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                    | CUSIP: 059165EM8<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |     490000 | PA      | $353147.90     | 0.00%             | 2050-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                | CUSIP: 208251AE8<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |     605000 | PA      | $685434.75     | 0.00%             | 2029-04-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                                                          | European Bank for Reconstruction & Development                                   | CUSIP: 29874QEG5<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    1721000 | PA      | $1582442.29    | 0.01%             | 2025-05-19      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                                                         | Tyco Electronics Group SA                                                        | CUSIP: 902133AT4<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |     140000 | PA      | $137356.80     | 0.00%             | 2026-02-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MEK6<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     607000 | PA      | $600565.80     | 0.00%             | 2040-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 68323ACT9<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    3463000 | PA      | $3398588.20    | 0.02%             | 2024-05-16      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AR5<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     670000 | PA      | $601619.80     | 0.00%             | 2026-01-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Franklin Resources Inc                                                           | Franklin Resources Inc                                                           | CUSIP: 354613AK7<br>LEI: RIFQSET379FOGTEFKS80 | Long             | DBT              | CORP              | US        |     343000 | PA      | $329893.97     | 0.00%             | 2025-03-30      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CXX7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     112577 | PA      | $112245.82     | 0.00%             | 2033-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YAW5<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     439000 | PA      | $399981.68     | 0.00%             | 2049-03-07      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630CW6<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     600000 | PA      | $591036.00     | 0.00%             | 2024-02-19      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES OPER LP                                                          | Sun Communities Operating LP                                                     | CUSIP: 866677AJ6<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              |  | US        |     500000 | PA      | $509310.00     | 0.00%             | 2033-01-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                                                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416515AS3<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     460000 | PA      | $491303.00     | 0.00%             | 2036-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                                                         | NCR Corp                                                                         | CUSIP: 62886EAV0<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     350000 | PA      | $346619.00     | 0.00%             | 2029-09-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAP6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     440000 | PA      | $377590.40     | 0.00%             | 2028-02-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                             | Howmet Aerospace Inc                                                             | CUSIP: 013817AK7<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     425000 | PA      | $428629.50     | 0.00%             | 2037-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Willis North America Inc                                                         | Willis North America Inc                                                         | CUSIP: 970648AH4<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     320000 | PA      | $288707.20     | 0.00%             | 2048-09-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS/TYCO FI                                                         | Johnson Controls International plc / Tyco Fire & Security Finance SCA            | CUSIP: 47837RAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     660000 | PA      | $547021.20     | 0.00%             | 2030-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                                                                   | Phillips 66 Co                                                                   | CUSIP: 718547AE2<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |     801000 | PA      | $762495.93     | 0.00%             | 2026-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YAS8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    2143000 | PA      | $2048643.71    | 0.01%             | 2045-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                               | CUSIP: 30303M8J4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    1690000 | PA      | $1475420.70    | 0.01%             | 2052-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                | CUSIP: 906548CP5<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     508000 | PA      | $481670.36     | 0.00%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GZ MTR FIN BVI                                                                   | Guangzhou Metro Investment Finance BVI Ltd                                       | CUSIP: 000000000<br>LEI: 30030026WRIFBEGCB472 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $157956.00     | 0.00%             | 2030-09-17      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications Inc                                                         | iHeartCommunications Inc                                                         | CUSIP: 45174HBC0<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     458000 | PA      | $439157.88     | 0.00%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X3CP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     304179 | PA      | $279627.08     | 0.00%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664CQ2<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    1271000 | PA      | $1188702.75    | 0.01%             | 2048-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ARABIAN CENTRES SUKUK                                                            | Arabian Centres Sukuk Ltd                                                        | CUSIP: 000000000<br>LEI: 5493003T55GS691ILI42 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $588072.00     | 0.00%             | 2024-11-26      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 94974BFY1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     948000 | PA      | $932917.32     | 0.00%             | 2026-06-03      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JAF1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     215000 | PA      | $273546.65     | 0.00%             | 2038-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SANTOS FINANCE LTD                                                               | Santos Finance Ltd                                                               | CUSIP: 803014AA7<br>LEI: 213800BKUBSWG53XNS94 | Long             | DBT              | CORP              | AU        |     525000 | PA      | $442590.75     | 0.00%             | 2031-04-29      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BAT INTL FINANCE PLC                                                             | BAT International Finance PLC                                                    | CUSIP: 05530QAN0<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |     761000 | PA      | $686909.04     | 0.00%             | 2026-03-25      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| HARVEST OPERATIONS CORP                                                          | Harvest Operations Corp                                                          | CUSIP: 000000000<br>LEI: B1EEF6ML54YDWRC6ZK53 | Long             | DBT              | CORP              | CA        |     600000 | PA      | $570564.00     | 0.00%             | 2024-04-26      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830AW9<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     335000 | PA      | $371649.00     | 0.00%             | 2040-06-01      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| NEWCREST FINANCE PTY LTD                                                         | Newcrest Finance Pty Ltd                                                         | CUSIP: 65120FAE4<br>LEI: 549300I0XDZ4K7PDSS04 | Long             | DBT              | CORP              | AU        |     466000 | PA      | $358288.76     | 0.00%             | 2050-05-13      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Lazard Group LLC                                                                 | Lazard Group LLC                                                                 | CUSIP: 52107QAJ4<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |     517000 | PA      | $501226.33     | 0.00%             | 2028-09-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                                                           | SCIH Salt Holdings Inc                                                           | CUSIP: 78433BAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     485000 | PA      | $412967.80     | 0.00%             | 2029-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SOLARIS MIDSTREAM HOLDIN                                                         | Solaris Midstream Holdings LLC                                                   | CUSIP: 83419MAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |     270000 | PA      | $270135.00     | 0.00%             | 2026-04-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc                                                                  | Xcel Energy Inc                                                                  | CUSIP: 98389BAH3<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |      50000 | PA      | $56689.50      | 0.00%             | 2036-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XBA1<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $172884.00     | 0.00%             | 2031-04-22      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                            | CUSIP: 893574AF0<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     341000 | PA      | $309873.52     | 0.00%             | 2042-08-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                                           | Protective Life Global Funding                                                   | CUSIP: 74368CBJ2<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |     250000 | PA      | $233312.50     | 0.00%             | 2025-01-13      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| BON SECOURS MERCY                                                                | Bon Secours Mercy Health Inc                                                     | CUSIP: 58942HAC5<br>LEI: RV2KCMRGYKSCKT5REH48 | Long             | DBT              | CORP              | US        |     206000 | PA      | $200903.56     | 0.00%             | 2028-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KJ9<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    1438000 | PA      | $1207920.00    | 0.01%             | 2030-05-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GEORGIA                                                              | Georgia Government International Bond                                            | CUSIP: 000000000<br>LEI: 2138007T8RLEVDMLQ257 | Long             | DBT              | NUSS              | GE        |     600000 | PA      | $553122.00     | 0.00%             | 2026-04-22      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                                                         | Tyco Electronics Group SA                                                        | CUSIP: 902133AU1<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |     355000 | PA      | $334317.70     | 0.00%             | 2027-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL                                                            | TotalEnergies Capital International SA                                           | CUSIP: 89153VAQ2<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    1095000 | PA      | $1044914.70    | 0.01%             | 2029-02-19      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   14300000 | PA      | $12572828.13   | 0.06%             | 2045-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $154722.00     | 0.00%             | 2049-11-12      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                                           | Anglo American Capital PLC                                                       | CUSIP: 000000000<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     850000 | PA      | $729691.00     | 0.00%             | 2031-03-17      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FRST STU BID/FRST TRANS                                                          | First Student Bidco Inc / First Transit Parent Inc                               | CUSIP: 337120AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     530000 | PA      | $442592.40     | 0.00%             | 2029-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132Y0FP0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      29841 | PA      | $30086.30      | 0.00%             | 2048-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                       | CUSIP: 609207AT2<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |     908000 | PA      | $808610.32     | 0.00%             | 2030-04-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KPQR2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   25000259 | PA      | $24146336.29   | 0.12%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAC7<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |     410000 | PA      | $393981.30     | 0.00%             | 2026-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBR1<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     521000 | PA      | $412121.42     | 0.00%             | 2030-10-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 969457BY5<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |      25000 | PA      | $21178.50      | 0.00%             | 2031-03-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                                         | Uruguay Government International Bond                                            | CUSIP: 760942BA9<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    2762000 | PA      | $2803733.82    | 0.01%             | 2050-06-18      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| VERISIGN INC                                                                     | VeriSign Inc                                                                     | CUSIP: 92343EAM4<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |     528000 | PA      | $454164.48     | 0.00%             | 2031-06-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | Marvell Technology Inc                                                           | CUSIP: 573874AN4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     404000 | PA      | $400792.24     | 0.00%             | 2028-06-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Kellogg Co                                                                       | Kellogg Co                                                                       | CUSIP: 487836AT5<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |     607000 | PA      | $713479.94     | 0.00%             | 2031-04-01      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HLDG SA/KY                                                         | Itau Unibanco Holding SA/Cayman Island                                           | CUSIP: 46556KAB2<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |     400000 | PA      | $387272.00     | 0.00%             | 2025-01-24      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| PETROBRAS GLOBAL FINANCE                                                         | Petrobras Global Finance BV                                                      | CUSIP: 71647NAK5<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     600000 | PA      | $586812.00     | 0.00%             | 2044-03-17      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAB2<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     260000 | PA      | $256731.80     | 0.00%             | 2024-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167AU7<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     593000 | PA      | $641537.05     | 0.00%             | 2027-08-15      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140F9WL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      33512 | PA      | $32013.36      | 0.00%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GGM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1965000 | PA      | $2229862.35    | 0.01%             | 2041-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAV4<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    1565000 | PA      | $1310171.05    | 0.01%             | 2047-12-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                                            | HUB International Ltd                                                            | CUSIP: 44332PAD3<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    1242000 | PA      | $1235479.50    | 0.01%             | 2026-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    2400000 | PA      | $2395056.00    | 0.01%             | 2050-01-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833BH2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1424000 | PA      | $1385608.96    | 0.01%             | 2045-05-13      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| XYLEM INC                                                                        | Xylem Inc/NY                                                                     | CUSIP: 98419MAM2<br>LEI: 549300DF5MV96DRYLQ48 | Long             | DBT              | CORP              | US        |     786000 | PA      | $695413.50     | 0.00%             | 2028-01-30      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc                                                           | Brookfield Finance Inc                                                           | CUSIP: 11271RAA7<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     920000 | PA      | $908730.00     | 0.00%             | 2024-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                                                         | MassMutual Global Funding II                                                     | CUSIP: 57629WCG3<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |     250000 | PA      | $241937.50     | 0.00%             | 2025-01-11      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8KV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     635532 | PA      | $659489.03     | 0.00%             | 2041-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142CS0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     100000 | PA      | $112143.00     | 0.00%             | 2040-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                                                    | Nordstrom Inc                                                                    | CUSIP: 655664AY6<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     320000 | PA      | $240425.60     | 0.00%             | 2031-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMware Inc                                                                       | CUSIP: 928563AE5<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     313000 | PA      | $310392.71     | 0.00%             | 2027-05-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TGX7<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     467000 | PA      | $451631.03     | 0.00%             | 2025-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                                                  | BAE Systems PLC                                                                  | CUSIP: 05523RAE7<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |     885000 | PA      | $624031.20     | 0.00%             | 2050-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PANASONIC HOLDINGS CORP                                                          | Panasonic Holdings Corp                                                          | CUSIP: 69832AAC0<br>LEI: 254900GE1G59KGWPHX32 | Long             | DBT              | CORP              | JP        |     365000 | PA      | $329744.65     | 0.00%             | 2029-07-19      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    1615000 | PA      | $955062.55     | 0.00%             | 2030-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GULF INTERNATIONAL BANK                                                          | Gulf International Bank BSC                                                      | CUSIP: 000000000<br>LEI: 558600JW2XPMLG97TV14 | Long             | DBT              | CORP              | BH        |     600000 | PA      | $555582.00     | 0.00%             | 2025-09-23      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YER2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     945000 | PA      | $918521.10     | 0.00%             | 2028-04-20      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NAZ8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     504000 | PA      | $456160.32     | 0.00%             | 2029-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                                                 | Cinemark USA Inc                                                                 | CUSIP: 172441BD8<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     255000 | PA      | $229176.15     | 0.00%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044DM0<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     295000 | PA      | $300339.50     | 0.00%             | 2049-01-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCE                                                         | Pioneer Natural Resources Co                                                     | CUSIP: 723787AT4<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |    1180000 | PA      | $1068018.00    | 0.01%             | 2026-01-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2021-C60                                   | CUSIP: 95003DBJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     920000 | PA      | $766620.90     | 0.00%             | 2054-08-15      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SSN8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     740602 | PA      | $671234.82     | 0.00%             | 2046-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BV4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     350000 | PA      | $334418.00     | 0.00%             | 2033-08-04      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTL 19 II                                                          | CK Hutchison International 19 II Ltd                                             | CUSIP: 12563DAB1<br>LEI: 2549000ZHWNMHC09DR77 | Long             | DBT              | CORP              | KY        |     325000 | PA      | $245657.75     | 0.00%             | 2049-09-06      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PRESBYTERIAN HEALTHC SER                                                         | Presbyterian Healthcare Services                                                 | CUSIP: 74071PAB9<br>LEI: 549300PILQ3W3CCH7D05 | Long             | DBT              | CORP              | US        |     223000 | PA      | $219467.68     | 0.00%             | 2052-08-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBW4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    1345000 | PA      | $1368672.00    | 0.01%             | 2027-12-08      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                     | CUSIP: 785592AS5<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |    1217000 | PA      | $1219190.60    | 0.01%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66                                                                      | CUSIP: 718546AZ7<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |     456000 | PA      | $414686.40     | 0.00%             | 2026-02-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK                                                                     | Kookmin Bank                                                                     | CUSIP: 50050HAN6<br>LEI: 549300XXMOJSIW8P4769 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $329212.00     | 0.00%             | 2030-11-04      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INDIANA UNIV HEALTH INC                                                          | Indiana University Health Inc Obligated Group                                    | CUSIP: 455170AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     795000 | PA      | $696594.90     | 0.00%             | 2048-11-01      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| FXI Holdings Inc                                                                 | FXI Holdings Inc                                                                 | CUSIP: 36120RAA7<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |     324000 | PA      | $292050.36     | 0.00%             | 2024-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| CDP FINANCIAL INC                                                                | CDP Financial Inc                                                                | CUSIP: 125094AV4<br>LEI: 549300OXMGVYFCBFV096 | Long             | DBT              | NUSS              | CA        |     600000 | PA      | $541374.00     | 0.00%             | 2026-05-26      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 592179KF1<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     200000 | PA      | $203882.00     | 0.00%             | 2028-01-06      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE INSURANCE                                                          | New York Life Insurance Co                                                       | CUSIP: 64952GAT5<br>LEI: TAE73CY392TBWJ3O3305 | Long             | DBT              | CORP              | US        |    1231000 | PA      | $1025595.34    | 0.00%             | 2050-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61746BDZ6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2036000 | PA      | $1989090.56    | 0.01%             | 2026-01-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GGG8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2164000 | PA      | $2002955.12    | 0.01%             | 2048-01-20      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                      | Cargill Inc                                                                      | CUSIP: 141781BM5<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |     525000 | PA      | $445200.00     | 0.00%             | 2030-04-23      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BE9<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |      50000 | PA      | $48711.50      | 0.00%             | 2024-06-17      | Fixed         | 2.70%                 | No            |                  2 | On Loan: —       |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AV6<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     720000 | PA      | $640008.00     | 0.00%             | 2027-01-14      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co                                                                 | Georgia Power Co                                                                 | CUSIP: 373334KH3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     348000 | PA      | $328355.40     | 0.00%             | 2027-03-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BA2<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     270000 | PA      | $252379.80     | 0.00%             | 2029-05-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAM8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    1190000 | PA      | $1162725.20    | 0.01%             | 2045-07-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA Inc                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264AAV7<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1226000 | PA      | $1217626.42    | 0.01%             | 2028-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNWS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4181687 | PA      | $3992623.00    | 0.02%             | 2050-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   74700000 | PA      | $70051675.97   | 0.34%             | 2024-09-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664BL4<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     988000 | PA      | $1129708.84    | 0.01%             | 2040-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 292480AK6<br>LEI: 549300TLGDBYE711G509 | Long             | DBT              | CORP              | US        |     512000 | PA      | $500311.04     | 0.00%             | 2027-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DAJ8<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     875000 | PA      | $720886.25     | 0.00%             | 2043-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                               | CUSIP: 03740LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     120000 | PA      | $112488.00     | 0.00%             | 2027-05-28      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                                            | Caesars Entertainment Inc                                                        | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     205000 | PA      | $208899.10     | 0.00%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 035240AU4<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |     400000 | PA      | $375712.00     | 0.00%             | 2060-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BEAZLEY INSUR DAC                                                                | Beazley Insurance DAC                                                            | CUSIP: 000000000<br>LEI: 549300WWULDAFCPEU084 | Long             | DBT              | CORP              | IE        |     400000 | PA      | $368768.00     | 0.00%             | 2029-09-10      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 59562EAH8<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |      93000 | PA      | $102907.29     | 0.00%             | 2036-10-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09256BAL1<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $857094.75     | 0.00%             | 2030-01-10      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CMB INTERNATIONAL LEASIN                                                         | CMB International Leasing Management Ltd                                         | CUSIP: 000000000<br>LEI: 5493003RO1EBM4E5IG13 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $164736.00     | 0.00%             | 2030-08-12      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| RELX Capital Inc                                                                 | RELX Capital Inc                                                                 | CUSIP: 74949LAC6<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |     786000 | PA      | $750551.40     | 0.00%             | 2029-03-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                               | CUSIP: 032654AV7<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     538000 | PA      | $452856.12     | 0.00%             | 2031-10-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FINANCING TR I                                                         | Provident Financing Trust I                                                      | CUSIP: 743863AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     125000 | PA      | $132941.25     | 0.00%             | 2038-03-15      | Fixed         | 7.41%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                                          | United Rentals North America Inc                                                 | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    1290000 | PA      | $1249700.40    | 0.01%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Avery Dennison Corp                                                              | Avery Dennison Corp                                                              | CUSIP: 053611AJ8<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |    1110000 | PA      | $1114173.60    | 0.01%             | 2028-12-06      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                  | CUSIP: 2350366Z8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     500000 | PA      | $407528.00     | 0.00%             | 2040-11-01      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 00946AAC8<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |    1000000 | PA      | $911870.00     | 0.00%             | 2027-01-12      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| PFIZER INC                                                                       | Pfizer Inc                                                                       | CUSIP: 717081EX7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     867000 | PA      | $801012.63     | 0.00%             | 2025-05-28      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                                         | Hess Midstream Operations LP                                                     | CUSIP: 428102AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     520000 | PA      | $514831.20     | 0.00%             | 2026-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ABQ FINANCE                                                                      | ABQ Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300EKNBMBS9DNYE37 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $367988.00     | 0.00%             | 2025-09-08      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822AD6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    1729000 | PA      | $1673672.00    | 0.01%             | 2026-03-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                                                                | Republic of Kenya Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     600000 | PA      | $472644.00     | 0.00%             | 2048-02-28      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VAQ7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     859000 | PA      | $670105.90     | 0.00%             | 2049-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406GAA9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     513000 | PA      | $470344.05     | 0.00%             | 2028-10-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 21684AAF3<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     787000 | PA      | $752442.83     | 0.00%             | 2026-07-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Southern Power Co                                                                | Southern Power Co                                                                | CUSIP: 843646AJ9<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |     140000 | PA      | $134022.00     | 0.00%             | 2043-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818GA0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     270000 | PA      | $217544.40     | 0.00%             | 2072-02-14      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MANITOBA (PROVINCE OF)                                                           | Province of Manitoba Canada                                                      | CUSIP: 563469UU7<br>LEI: 5493003QILFOB3JRKE30 | Long             | DBT              | NUSS              | CA        |      80000 | PA      | $78031.20      | 0.00%             | 2024-04-16      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122CM8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1391000 | PA      | $1358436.69    | 0.01%             | 2024-07-26      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                     | CUSIP: 615369AX3<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     490000 | PA      | $332665.90     | 0.00%             | 2061-11-29      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                         | CUSIP: 92826CAP7<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     400000 | PA      | $349576.00     | 0.00%             | 2027-08-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                                                 | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1333000 | PA      | $1200099.90    | 0.01%             | 2031-04-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 28368EAD8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     228000 | PA      | $262516.92     | 0.00%             | 2031-08-01      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                         | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAD9<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     305000 | PA      | $240651.10     | 0.00%             | 2045-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Enel Generacion Chile SA                                                         | Enel Generacion Chile SA                                                         | CUSIP: 29246RAA1<br>LEI: 549300PVHXUFEIE6LY50 | Long             | DBT              | CORP              | CL        |     542000 | PA      | $535420.12     | 0.00%             | 2024-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Republic of Korea                                                                | Korea International Bond                                                         | CUSIP: 50064FAP9<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $390184.00     | 0.00%             | 2028-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                               | CUSIP: 207597EL5<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     337000 | PA      | $303576.34     | 0.00%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                     | CUSIP: 053332AY8<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    1040000 | PA      | $1016392.00    | 0.00%             | 2025-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDW8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    2089000 | PA      | $1394386.61    | 0.01%             | 2063-11-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Fluor Corp                                                                       | Fluor Corp                                                                       | CUSIP: 343412AF9<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | DBT              | CORP              | US        |     404000 | PA      | $376952.20     | 0.00%             | 2028-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                        | CUSIP: 039482AD6<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |     455000 | PA      | $409290.70     | 0.00%             | 2032-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| AUB SUKUK LTD                                                                    | AUB Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300FXQ5JG3SV47Q86 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $368132.00     | 0.00%             | 2026-09-09      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                                                             | Kyndryl Holdings Inc                                                             | CUSIP: 50155QAK6<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |     195000 | PA      | $157600.95     | 0.00%             | 2028-10-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PDH6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1580000 | PA      | $1573964.40    | 0.01%             | 2033-07-25      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                | CUSIP: 37045VAJ9<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    1312000 | PA      | $1144431.36    | 0.01%             | 2045-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 96950FAK0<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     484000 | PA      | $493196.00     | 0.00%             | 2043-11-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                     | CUSIP: 001192AM5<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     418000 | PA      | $398500.30     | 0.00%             | 2026-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128284Z0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   13500000 | PA      | $13090781.25   | 0.06%             | 2025-08-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |    1400000 | PA      | $1280020.00    | 0.01%             | 2026-01-08      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154BY4<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $385320.00     | 0.00%             | 2025-11-10      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WBP5<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     300000 | PA      | $293910.00     | 0.00%             | 2024-02-16      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                                 | ABN AMRO Bank NV                                                                 | CUSIP: 00084DAW0<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |     600000 | PA      | $507480.00     | 0.00%             | 2029-12-13      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829BF3<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     778000 | PA      | $735591.22     | 0.00%             | 2027-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DE7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     914000 | PA      | $885675.14     | 0.00%             | 2024-08-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CZ98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3900851 | PA      | $3826530.03    | 0.02%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QAC4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     830000 | PA      | $814603.50     | 0.00%             | 2028-09-21      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                                                   | Constellium SE                                                                   | CUSIP: 21039CAB0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     350000 | PA      | $299113.50     | 0.00%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| Air Lease Corp                                                                   | Air Lease Corp                                                                   | CUSIP: 00912XAY0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    1228000 | PA      | $1148585.24    | 0.01%             | 2027-12-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769BR4<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    1145000 | PA      | $692587.60     | 0.00%             | 2036-04-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XBQ8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1485371 | PA      | $1326870.17    | 0.01%             | 2052-07-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                      | CUSIP: 68389XCJ2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1180000 | PA      | $1282955.00    | 0.01%             | 2032-11-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                 | FirstEnergy Corp                                                                 | CUSIP: 337932AM9<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     560000 | PA      | $398165.60     | 0.00%             | 2050-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PRIMERICA INC                                                                    | Primerica Inc                                                                    | CUSIP: 74164MAB4<br>LEI: 254900621R686KJR7022 | Long             | DBT              | CORP              | US        |     225000 | PA      | $190973.25     | 0.00%             | 2031-11-19      | Fixed         | 2.80%                 | No            |                  2 | On Loan: —       |
| CBB INTL SUKUK PROG WLL                                                          | CBB International Sukuk Programme Co WLL                                         | CUSIP: 000000000<br>LEI: 5493006IRJ2IWXTNIM16 | Long             | DBT              | NUSS              | BH        |    1000000 | PA      | $905140.00     | 0.00%             | 2029-05-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                         | Visa Inc                                                                         | CUSIP: 92826CAD4<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    1829000 | PA      | $1776343.09    | 0.01%             | 2025-12-14      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| NuStar Logistics LP                                                              | NuStar Logistics LP                                                              | CUSIP: 67059TAE5<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     340000 | PA      | $327488.00     | 0.00%             | 2027-04-28      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                                                         | Brandywine Operating Partnership LP                                              | CUSIP: 105340AP8<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |     402000 | PA      | $343890.90     | 0.00%             | 2029-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PDE3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1380000 | PA      | $1357092.00    | 0.01%             | 2025-06-14      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AKUMIN INC                                                                       | Akumin Inc                                                                       | CUSIP: 01021FAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     320000 | PA      | $248012.80     | 0.00%             | 2025-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAL5<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |    1060000 | PA      | $1028655.80    | 0.00%             | 2029-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7D53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      57180 | PA      | $56716.99      | 0.00%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cantor Fitzgerald LP                                                             | Cantor Fitzgerald LP                                                             | CUSIP: 138616AE7<br>LEI: 549300RLUEEVQEMX0450 | Long             | DBT              | CORP              | US        |     661000 | PA      | $652208.70     | 0.00%             | 2024-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NBN CO LTD                                                                       | NBN Co Ltd                                                                       | CUSIP: 62878U2E1<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |       5000 | PA      | $4075.85       | 0.00%             | 2032-01-08      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| QORVO INC                                                                        | Qorvo Inc                                                                        | CUSIP: 74739DAA2<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |    1330000 | PA      | $1243217.50    | 0.01%             | 2024-12-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Kallpa Generacion SA                                                             | Kallpa Generacion SA                                                             | CUSIP: 000000000<br>LEI: 549300NG1PWEI5BZG095 | Long             | DBT              | CORP              | PE        |     423000 | PA      | $397243.53     | 0.00%             | 2027-08-16      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PHOENIX GRP HLD PLC                                                              | Phoenix Group Holdings PLC                                                       | CUSIP: 000000000<br>LEI: 2138001P49OLAEU33T68 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $195236.00     | 0.00%             | 2027-07-06      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q8BV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     192012 | PA      | $185617.56     | 0.00%             | 2032-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                                                           | Cox Communications Inc                                                           | CUSIP: 224044CK1<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     180000 | PA      | $156769.20     | 0.00%             | 2047-08-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                                                           | Orbia Advance Corp SAB de CV                                                     | CUSIP: 000000000<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $529434.00     | 0.00%             | 2048-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31307NQG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      19561 | PA      | $18924.91      | 0.00%             | 2030-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                                  | AstraZeneca PLC                                                                  | CUSIP: 046353AW8<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    1137000 | PA      | $933181.38     | 0.00%             | 2030-08-06      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Petronas Capital Ltd                                                             | Petronas Capital Ltd                                                             | CUSIP: 000000000<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     900000 | PA      | $843336.00     | 0.00%             | 2045-03-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385AY7<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     515000 | PA      | $479923.35     | 0.00%             | 2047-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PRESIDIO HOLDING INC                                                             | Presidio Holdings Inc                                                            | CUSIP: 74101XAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     360000 | PA      | $335394.00     | 0.00%             | 2027-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                                           | Protective Life Global Funding                                                   | CUSIP: 74368CBL7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    1205000 | PA      | $1154799.70    | 0.01%             | 2025-03-28      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                                         | Live Nation Entertainment Inc                                                    | CUSIP: 538034AN9<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |     390000 | PA      | $378487.20     | 0.00%             | 2026-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDWS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1261165 | PA      | $1121273.43    | 0.01%             | 2036-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123CG4<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     363000 | PA      | $328681.98     | 0.00%             | 2029-09-19      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAB3<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $178744.00     | 0.00%             | 2042-10-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital Inc                                                              | Ashtead Capital Inc                                                              | CUSIP: 045054AF0<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |     305000 | PA      | $292318.10     | 0.00%             | 2027-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CADILLAC FAIRVIEW PRP TR                                                         | Ontario Teachers' Cadillac Fairview Properties Trust                             | CUSIP: 68327LAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    1410000 | PA      | $1103691.60    | 0.01%             | 2031-10-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANCO DE CHILE                                                                   | Banco de Chile                                                                   | CUSIP: 000000000<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $342412.00     | 0.00%             | 2031-12-09      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718EV7<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     455000 | PA      | $434684.25     | 0.00%             | 2027-08-11      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135AP1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     910000 | PA      | $944980.40     | 0.00%             | 2034-12-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8U45<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2859036 | PA      | $2605669.54    | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD                                                                      | Bacardi Ltd                                                                      | CUSIP: 000000000<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |     595000 | PA      | $580041.70     | 0.00%             | 2025-05-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBQ3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     573000 | PA      | $544367.19     | 0.00%             | 2045-08-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                         | Mars Inc                                                                         | CUSIP: 571676AB1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     144000 | PA      | $132860.16     | 0.00%             | 2030-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VAY0<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     415000 | PA      | $420233.15     | 0.00%             | 2028-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                          | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                        | CUSIP: 072024ND0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    1140000 | PA      | $1387947.72    | 0.01%             | 2049-04-01      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  102900000 | PA      | $90560039.58   | 0.43%             | 2028-09-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8HW8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3669181 | PA      | $3344020.10    | 0.02%             | 2036-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XCG9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     246000 | PA      | $230570.88     | 0.00%             | 2028-01-05      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                                                         | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AF2<br>LEI: N/A                  | Long             | DBT              |  | US        |     464000 | PA      | $435422.24     | 0.00%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                                             | Blue Owl Finance LLC                                                             | CUSIP: 09581JAC0<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |     135000 | PA      | $88045.65      | 0.00%             | 2051-10-07      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAPITAL                                                          | GlaxoSmithKline Capital PLC                                                      | CUSIP: 377373AG0<br>LEI: 549300U0LV41VX7LEP38 | Long             | DBT              | CORP              | GB        |    1014000 | PA      | $992655.30     | 0.00%             | 2024-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 000000000<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |     380000 | PA      | $350736.20     | 0.00%             | 2027-01-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| S&P Global Inc                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VAM6<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     270000 | PA      | $257253.30     | 0.00%             | 2027-01-22      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                                         | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1005000 | PA      | $941112.15     | 0.00%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                      | CUSIP: 87612EAU0<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     100000 | PA      | $123473.00     | 0.00%             | 2038-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                           | Motorola Solutions Inc                                                           | CUSIP: 620076BF5<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |      59000 | PA      | $58346.87      | 0.00%             | 2024-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOCTORS CO INTERINSURANC                                                         | Doctors Co An Interinsurance Exchange/The                                        | CUSIP: 256141AB8<br>LEI: MKYKR1GWDRIJRLI1S211 | Long             | DBT              | CORP              | US        |     370000 | PA      | $314951.40     | 0.00%             | 2032-01-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEA6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     557000 | PA      | $406303.65     | 0.00%             | 2060-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                                                             | DH Europe Finance II Sarl                                                        | CUSIP: 23291KAH8<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |     862000 | PA      | $774541.48     | 0.00%             | 2029-11-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DMSB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1686791 | PA      | $1435669.41    | 0.01%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                         | Public Service Enterprise Group Inc                                              | CUSIP: 744573AQ9<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |     235000 | PA      | $188620.40     | 0.00%             | 2030-08-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BR3<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     560000 | PA      | $542136.00     | 0.00%             | 2025-08-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                                                          | Alcoa Nederland Holding BV                                                       | CUSIP: 013822AG6<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |     325000 | PA      | $297852.75     | 0.00%             | 2029-03-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH CO/INBEV                                                          | Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc                      | CUSIP: 03522AAJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4541000 | PA      | $4434059.45    | 0.02%             | 2046-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448DV7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     230000 | PA      | $212736.20     | 0.00%             | 2047-05-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FDG/PFG FIN                                                            | Provident Funding Associates LP / PFG Finance Corp                               | CUSIP: 74387UAJ0<br>LEI: 54930043BMDE130FJ617 | Long             | DBT              | CORP              | US        |     205000 | PA      | $192136.25     | 0.00%             | 2025-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VBT6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     670000 | PA      | $593606.60     | 0.00%             | 2052-03-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                                             | IHO Verwaltungs GmbH                                                             | CUSIP: 80627DAC0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |     315000 | PA      | $288439.20     | 0.00%             | 2026-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                | CUSIP: 30040WAJ7<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     610000 | PA      | $550159.00     | 0.00%             | 2025-08-15      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                | CUSIP: 478160CR3<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     883000 | PA      | $647106.55     | 0.00%             | 2040-09-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756CD0<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    1400000 | PA      | $1333192.00    | 0.01%             | 2025-06-06      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBC9<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     281000 | PA      | $269937.03     | 0.00%             | 2024-11-18      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| MAGELLAN MIDSTREAM PARTN                                                         | Magellan Midstream Partners LP                                                   | CUSIP: 559080AN6<br>LEI: MZF5TI8NFVZZNUSKDL39 | Long             | DBT              | CORP              | US        |     290000 | PA      | $260681.00     | 0.00%             | 2049-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY FINANCE LTD                                                          | Studio City Finance Ltd                                                          | CUSIP: 86389QAE2<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |     375000 | PA      | $353910.00     | 0.00%             | 2025-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP                                                           | Toll Brothers Finance Corp                                                       | CUSIP: 88947EAU4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     235000 | PA      | $210693.95     | 0.00%             | 2029-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448FA1<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     716000 | PA      | $583425.44     | 0.00%             | 2031-02-25      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CD4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     240000 | PA      | $201235.20     | 0.00%             | 2033-01-19      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06368FAE9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |      65000 | PA      | $61081.15      | 0.00%             | 2025-01-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                          | Southwestern Electric Power Co                                                   | CUSIP: 845437BQ4<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     373000 | PA      | $295822.57     | 0.00%             | 2048-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY MUNI                                                            | Assured Guaranty Municipal Holdings Inc                                          | CUSIP: 31769PAB6<br>LEI: 549300WKHOG7BKB8MS12 | Long             | DBT              | CORP              | US        |     100000 | PA      | $94811.00      | 0.00%             | 2066-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| EASTERN GAS TRAN                                                                 | Eastern Gas Transmission & Storage Inc                                           | CUSIP: 276480AF7<br>LEI: H2VQBNB3NSKRM5QWBI71 | Long             | DBT              | CORP              | US        |     367000 | PA      | $335217.80     | 0.00%             | 2043-11-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES LUX                                                           | Trane Technologies Luxembourg Finance SA                                         | CUSIP: 456873AE8<br>LEI: 549300GHBOWCVY92IS29 | Long             | DBT              | CORP              | LU        |     689000 | PA      | $662163.45     | 0.00%             | 2026-03-21      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Jeld-Wen Inc                                                                     | JELD-WEN Inc                                                                     | CUSIP: 475795AD2<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     360000 | PA      | $293788.80     | 0.00%             | 2027-12-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                                                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FAV9<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |     485000 | PA      | $463078.00     | 0.00%             | 2024-02-27      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAG9<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    1109000 | PA      | $964397.49     | 0.00%             | 2040-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBS3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1514000 | PA      | $1464673.88    | 0.01%             | 2024-11-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                            | CUSIP: 904764BN6<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    1015000 | PA      | $955825.50     | 0.00%             | 2024-08-12      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST AIRLINES CO                                                            | Southwest Airlines Co                                                            | CUSIP: 844741BK3<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |    1731000 | PA      | $1749660.18    | 0.01%             | 2027-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918CB8<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     265000 | PA      | $270535.85     | 0.00%             | 2057-02-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CINCINNATI FINL CORP                                                             | Cincinnati Financial Corp                                                        | CUSIP: 172062AF8<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | DBT              | CORP              | US        |      30000 | PA      | $32930.70      | 0.00%             | 2028-05-15      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                               | Banco Santander SA                                                               | CUSIP: 05964HAJ4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     205000 | PA      | $197800.40     | 0.00%             | 2028-04-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                                            | Continental Resources Inc/OK                                                     | CUSIP: 212015AS0<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     734000 | PA      | $697967.94     | 0.00%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JACKSON FINANCIAL INC                                                            | Jackson Financial Inc                                                            | CUSIP: 46817MAR8<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |     250000 | PA      | $253280.00     | 0.00%             | 2027-06-08      | Fixed         | 5.17%                 | No            |                  2 | On Loan: —       |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                            | CUSIP: 595112BQ5<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     722000 | PA      | $687979.36     | 0.00%             | 2030-02-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     550000 | PA      | $488735.50     | 0.00%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DR6<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1020000 | PA      | $744895.80     | 0.00%             | 2040-11-13      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                         | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     408000 | PA      | $337081.44     | 0.00%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                              | CUSIP: 210518DP8<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     100000 | PA      | $93900.00      | 0.00%             | 2032-08-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                        | CUSIP: 59523UAN7<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |     284000 | PA      | $274855.20     | 0.00%             | 2027-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Ecolab Inc                                                                       | Ecolab Inc                                                                       | CUSIP: 278865AV2<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     670000 | PA      | $632352.70     | 0.00%             | 2026-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                       | CUSIP: 458140BG4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    1451000 | PA      | $1152921.07    | 0.01%             | 2047-12-08      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 925524AH3<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     566000 | PA      | $623579.18     | 0.00%             | 2030-07-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 06417XAH4<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     558000 | PA      | $541784.52     | 0.00%             | 2025-04-11      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                                         | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    1030000 | PA      | $941420.00     | 0.00%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                           | CenterPoint Energy Inc                                                           | CUSIP: 15189TAX5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     175000 | PA      | $155410.50     | 0.00%             | 2030-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058FT5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    1875000 | PA      | $1745756.25    | 0.01%             | 2026-10-27      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Jabil Inc                                                                        | Jabil Inc                                                                        | CUSIP: 466313AH6<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     527000 | PA      | $502852.86     | 0.00%             | 2028-01-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BU6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     100000 | PA      | $98012.00      | 0.00%             | 2033-05-13      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05971KAF6<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    1010000 | PA      | $896455.80     | 0.00%             | 2030-05-28      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VQR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     941452 | PA      | $819563.20     | 0.00%             | 2050-07-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3617A1GL2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     318742 | PA      | $308567.52     | 0.00%             | 2045-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                          | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1604000 | PA      | $1523976.44    | 0.01%             | 2029-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| EAGLE MATERIALS                                                                  | Eagle Materials Inc                                                              | CUSIP: 26969PAB4<br>LEI: 529900KRXRGXL61SG039 | Long             | DBT              | CORP              | US        |     640000 | PA      | $522912.00     | 0.00%             | 2031-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE MUTUAL INSURA                                                         | Nationwide Mutual Insurance Co                                                   | CUSIP: 638671AL1<br>LEI: Z7LVXXWM8HZPKF5T2355 | Long             | DBT              | CORP              | US        |      78000 | PA      | $69926.22      | 0.00%             | 2044-04-22      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CPPIB Capital Inc                                                                | CPPIB Capital Inc                                                                | CUSIP: 22411VAD0<br>LEI: 549300KW9NB55HTDK075 | Long             | DBT              | NUSS              | CA        |     250000 | PA      | $235995.00     | 0.00%             | 2027-11-02      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 053484AD3<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |      45000 | PA      | $46687.50      | 0.00%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAX5<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |     185000 | PA      | $115471.45     | 0.00%             | 2050-09-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBR1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     595000 | PA      | $556955.70     | 0.00%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS                                                         | Wyndham Hotels & Resorts Inc                                                     | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |     355000 | PA      | $329195.05     | 0.00%             | 2028-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Cummins Inc                                                                      | Cummins Inc                                                                      | CUSIP: 231021AQ9<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |     245000 | PA      | $247111.90     | 0.00%             | 2043-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLGU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7452521 | PA      | $6297177.18    | 0.03%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                                                                        | Olin Corp                                                                        | CUSIP: 680665AL0<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |     545000 | PA      | $531298.70     | 0.00%             | 2029-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Transocean Pontus Ltd                                                            | Transocean Pontus Ltd                                                            | CUSIP: 89382PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     258160 | PA      | $265453.02     | 0.00%             | 2025-08-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                             | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AL5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     335000 | PA      | $313007.25     | 0.00%             | 2031-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| Intesa Sanpaolo SpA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBB2<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    1050000 | PA      | $966472.50     | 0.00%             | 2027-07-14      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                                                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAF9<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     300000 | PA      | $266355.00     | 0.00%             | 2042-09-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CR3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     485000 | PA      | $497561.50     | 0.00%             | 2033-09-13      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 000000000<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1200000 | PA      | $1060020.00    | 0.01%             | 2047-03-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Entergy Texas Inc                                                                | Entergy Texas Inc                                                                | CUSIP: 29365TAG9<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |     326000 | PA      | $315274.60     | 0.00%             | 2029-03-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RKD3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      15000 | PA      | $11203.95      | 0.00%             | 2043-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                        | CUSIP: 039482AC8<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |     214000 | PA      | $152543.48     | 0.00%             | 2051-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810FF0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   10500000 | PA      | $11375273.49   | 0.05%             | 2028-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW ENGLAND POWER CO                                                             | New England Power Co                                                             | CUSIP: 644188BG8<br>LEI: 549300DTVRGN9GYD5U85 | Long             | DBT              | CORP              | US        |     162000 | PA      | $108465.48     | 0.00%             | 2050-10-06      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| HAZINE MUSTESARL                                                                 | Hazine Mustesarligi Varlik Kiralama AS                                           | CUSIP: 000000000<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | CORP              | TR        |    2800000 | PA      | $2545732.00    | 0.01%             | 2026-06-22      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QBT6<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     500000 | PA      | $437045.00     | 0.00%             | 2032-01-12      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                                                         | Sinclair Television Group Inc                                                    | CUSIP: 829259BA7<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |     535000 | PA      | $425351.75     | 0.00%             | 2030-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                                                               | Panama Government International Bond                                             | CUSIP: 698299BR4<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     600000 | PA      | $503454.00     | 0.00%             | 2033-01-19      | Fixed         | 3.30%                 | No            |                  2 | On Loan: —       |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WBD1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     577000 | PA      | $497022.03     | 0.00%             | 2043-02-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NATURA &CO LUX HLD SARL                                                          | Natura &Co Luxembourg Holdings Sarl                                              | CUSIP: 000000000<br>LEI: 54930074AZRQQPMINM11 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $351400.00     | 0.00%             | 2029-04-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN UNIVERSITY                                                            | Georgetown University/The                                                        | CUSIP: 37310PAC5<br>LEI: 549300GCL3B0KVXSX752 | Long             | DBT              | CORP              | US        |      65000 | PA      | $58029.40      | 0.00%             | 2049-04-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                                           | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550AD3<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     199000 | PA      | $202898.41     | 0.00%             | 2028-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC                                                                  | Mercer International Inc                                                         | CUSIP: 588056AW1<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |     260000 | PA      | $250905.20     | 0.00%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687EB8<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     912000 | PA      | $1049456.64    | 0.01%             | 2035-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| BOSTON GAS COMPANY                                                               | Boston Gas Co                                                                    | CUSIP: 100743AL7<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |     360000 | PA      | $320616.00     | 0.00%             | 2029-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EMPIRE RESORTS INC                                                               | Empire Resorts Inc                                                               | CUSIP: 292052AF4<br>LEI: 549300WBFN23L9HI5N68 | Long             | DBT              | CORP              | US        |     205000 | PA      | $167413.25     | 0.00%             | 2026-11-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                                                           | Alliant Energy Finance LLC                                                       | CUSIP: 01882YAD8<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |     500000 | PA      | $448760.00     | 0.00%             | 2032-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SGM3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      22694 | PA      | $22390.56      | 0.00%             | 2046-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTL HLDINGS NE                                                         | Mondelez International Holdings Netherlands BV                                   | CUSIP: 60920LAR5<br>LEI: 549300CW356R8I7N8D33 | Long             | DBT              | CORP              | NL        |    1005000 | PA      | $888158.70     | 0.00%             | 2026-09-24      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Manulife Financial Corp                                                          | Manulife Financial Corp                                                          | CUSIP: 56501RAD8<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |     606000 | PA      | $634833.48     | 0.00%             | 2046-03-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY                                                             | Rackspace Technology Global Inc                                                  | CUSIP: 750098AA3<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |     475000 | PA      | $174705.00     | 0.00%             | 2028-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales & Transfer Tax Receipts Revenue                  | CHICAGO IL TRANSIT AUTH SALES & TRANSFER TAX RECPTS REVENUE                      | CUSIP: 167725AF7<br>LEI: 549300CB8XLRGIPN3E12 | Long             | DBT              | MUN               | US        |     290000 | PA      | $340069.66     | 0.00%             | 2040-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                                               | Seagate HDD Cayman                                                               | CUSIP: 81180WAL5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     325000 | PA      | $319013.50     | 0.00%             | 2025-01-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH EDUCTNL FACS REVENUE                        | CUSIP: 60636APP2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |     225000 | PA      | $194302.35     | 0.00%             | 2057-08-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833DM9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1315000 | PA      | $1260453.80    | 0.01%             | 2024-09-11      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RBL5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     850000 | PA      | $844237.00     | 0.00%             | 2033-06-15      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                                                          | National Australia Bank Ltd                                                      | CUSIP: 632525AU5<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |    2295000 | PA      | $1825649.55    | 0.01%             | 2030-08-21      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                                                         | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                             | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     680000 | PA      | $606757.20     | 0.00%             | 2029-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CM5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     739000 | PA      | $683338.52     | 0.00%             | 2027-02-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                         | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BB5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |     178000 | PA      | $176597.36     | 0.00%             | 2024-04-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ENDURANCE INTERNATIONAL                                                          | Endurance International Group Holdings Inc                                       | CUSIP: 29279XAA8<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |     470000 | PA      | $338442.30     | 0.00%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| American Express Co                                                              | American Express Co                                                              | CUSIP: 025816CA5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     801000 | PA      | $794944.44     | 0.00%             | 2025-11-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                              | COMM 2014-CCRE20 Mortgage Trust                                                  | CUSIP: 12592LBJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     800000 | PA      | $776184.75     | 0.00%             | 2047-11-10      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| SPECTRA ENERGY PARTNERS                                                          | Spectra Energy Partners LP                                                       | CUSIP: 84756NAD1<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |     185000 | PA      | $184341.40     | 0.00%             | 2024-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                                                       | Humana Inc                                                                       | CUSIP: 444859BG6<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     412000 | PA      | $382430.76     | 0.00%             | 2047-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| INDIKA ENERGY CAPITAL IV                                                         | Indika Energy Capital IV Pte Ltd                                                 | CUSIP: 000000000<br>LEI: 254900LQ197HY24XVH34 | Long             | DBT              | CORP              | SG        |     400000 | PA      | $401300.00     | 0.00%             | 2025-10-22      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                                                    | CoreCivic Inc                                                                    | CUSIP: 21871NAB7<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |     376200 | PA      | $386176.82     | 0.00%             | 2026-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687CZ7<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     417000 | PA      | $410052.78     | 0.00%             | 2024-09-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HAW7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    1090000 | PA      | $1069115.60    | 0.01%             | 2026-01-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   44000000 | PA      | $34093125.00   | 0.16%             | 2051-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDM0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     989000 | PA      | $827525.97     | 0.00%             | 2031-01-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TKC8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     440000 | PA      | $434328.40     | 0.00%             | 2025-06-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                                                            | Applied Materials Inc                                                            | CUSIP: 038222AM7<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     661000 | PA      | $633277.66     | 0.00%             | 2047-04-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Duke Energy Indiana LLC                                                          | Duke Energy Indiana LLC                                                          | CUSIP: 26443TAA4<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |     313000 | PA      | $256700.69     | 0.00%             | 2046-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599EE1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     575000 | PA      | $578766.25     | 0.00%             | 2025-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                                                  | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $203516.00     | 0.00%             | 2032-07-22      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| WW Grainger Inc                                                                  | WW Grainger Inc                                                                  | CUSIP: 384802AB0<br>LEI: 549300TWZSP6O1IH2V34 | Long             | DBT              | CORP              | US        |     945000 | PA      | $933130.80     | 0.00%             | 2045-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WFKQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      21001 | PA      | $19943.78      | 0.00%             | 2030-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     800000 | PA      | $831712.00     | 0.00%             | 2026-01-26      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                                                         | Brandywine Operating Partnership LP                                              | CUSIP: 105340AN3<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |      50000 | PA      | $48460.00      | 0.00%             | 2024-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WAX6<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     443000 | PA      | $394079.51     | 0.00%             | 2031-06-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                                                      | Netflix Inc                                                                      | CUSIP: 64110LAN6<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     695000 | PA      | $690836.95     | 0.00%             | 2026-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                      | CUSIP: 720186AL9<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     524000 | PA      | $495808.80     | 0.00%             | 2029-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government of Jamaica                                                            | Jamaica Government International Bond                                            | CUSIP: 470160AV4<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |     900000 | PA      | $1082556.00    | 0.01%             | 2039-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| Booking Holdings Inc                                                             | Booking Holdings Inc                                                             | CUSIP: 741503BC9<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |     643000 | PA      | $616611.28     | 0.00%             | 2028-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| CELULOSA ARAUCO CONSTITU                                                         | Celulosa Arauco y Constitucion SA                                                | CUSIP: 151191BB8<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |     567000 | PA      | $535242.33     | 0.00%             | 2027-11-02      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL SPECIALTY F                                                         | Bain Capital Specialty Finance Inc                                               | CUSIP: 05684BAB3<br>LEI: 549300V2JL72R0EYBK64 | Long             | DBT              | CORP              | US        |     327000 | PA      | $296042.91     | 0.00%             | 2026-03-10      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBA4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     365000 | PA      | $335489.75     | 0.00%             | 2027-01-26      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                                              | Travel + Leisure Co                                                              | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     335000 | PA      | $328524.45     | 0.00%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BX9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     843000 | PA      | $815315.88     | 0.00%             | 2048-12-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254BK5<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     903000 | PA      | $830732.91     | 0.00%             | 2033-03-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844BX5<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     313000 | PA      | $267577.44     | 0.00%             | 2047-11-01      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp              | CUSIP: 87612BBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     780000 | PA      | $733426.20     | 0.00%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VSF8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   20556275 | PA      | $17894868.54   | 0.09%             | 2050-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QBW1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1244000 | PA      | $1160801.28    | 0.01%             | 2026-01-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555CM4<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     297000 | PA      | $281155.05     | 0.00%             | 2041-09-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBG1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     700000 | PA      | $682262.00     | 0.00%             | 2028-06-13      | Fixed         | 3.99%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09261BAA8<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     580000 | PA      | $436989.40     | 0.00%             | 2031-03-30      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| AUTODESK INC                                                                     | Autodesk Inc                                                                     | CUSIP: 052769AH9<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |     440000 | PA      | $369204.00     | 0.00%             | 2031-12-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVW6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     410000 | PA      | $367856.10     | 0.00%             | 2026-10-13      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 31329PZC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     164247 | PA      | $164668.12     | 0.00%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 969457CA6<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     160000 | PA      | $154662.40     | 0.00%             | 2052-08-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                                                            | Healthpeak Properties Inc                                                        | CUSIP: 40414LAE9<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     246000 | PA      | $269074.80     | 0.00%             | 2041-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Pacific LifeCorp                                                                 | Pacific LifeCorp                                                                 | CUSIP: 694476AD4<br>LEI: VFN8KLUEIK7XMVX1JM30 | Long             | DBT              | CORP              | US        |      50000 | PA      | $48445.50      | 0.00%             | 2043-01-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| QNB Finance Ltd                                                                  | QNB Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $589434.00     | 0.00%             | 2024-03-28      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $415350.00     | 0.00%             | 2025-10-22      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                                                         | Permian Resources Operating LLC                                                  | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     420000 | PA      | $394522.80     | 0.00%             | 2029-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                                                         | Scientific Games International Inc                                               | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     310000 | PA      | $310610.70     | 0.00%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   46600000 | PA      | $46083031.25   | 0.22%             | 2025-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBB0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    2275000 | PA      | $2121915.25    | 0.01%             | 2027-08-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| TRANSMANTARO                                                                     | Consorcio Transmantaro SA                                                        | CUSIP: 000000000<br>LEI: 549300NL65DC6HVEJX96 | Long             | DBT              | CORP              | PE        |     600000 | PA      | $560790.00     | 0.00%             | 2034-04-16      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BU9<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     637000 | PA      | $570586.38     | 0.00%             | 2029-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAP5<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     495000 | PA      | $476422.65     | 0.00%             | 2029-04-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GHX0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1527000 | PA      | $1338339.15    | 0.01%             | 2030-10-22      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 26444HAF8<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     423000 | PA      | $377908.20     | 0.00%             | 2048-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                       | CUSIP: 609207BA2<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |     100000 | PA      | $93095.00      | 0.00%             | 2027-03-17      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| American Express Co                                                              | American Express Co                                                              | CUSIP: 025816CC1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    1440000 | PA      | $1417896.00    | 0.01%             | 2024-02-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JSW STEEL LTD                                                                    | JSW Steel Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800EK6HZSC4CVAJ09 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $339284.00     | 0.00%             | 2032-04-05      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828WJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   41050000 | PA      | $39956402.55   | 0.19%             | 2024-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MEC4<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     580000 | PA      | $665352.80     | 0.00%             | 2037-10-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                         | CUSIP: 25468PBW5<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |     178000 | PA      | $207955.62     | 0.00%             | 2032-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EBS3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     468000 | PA      | $402157.08     | 0.00%             | 2031-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CITIC SECURITIES FIN MTN                                                         | CITIC Securities Finance MTN Co Ltd                                              | CUSIP: 000000000<br>LEI: 5493007B0X41FW1DM450 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $373168.00     | 0.00%             | 2025-06-03      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAP2<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     800000 | PA      | $593776.00     | 0.00%             | 2050-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNQJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19316593 | PA      | $16271759.18   | 0.08%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132VQLR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     261571 | PA      | $250802.88     | 0.00%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAB3<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     125000 | PA      | $122371.25     | 0.00%             | 2043-09-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 3130AEBV1<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    2805000 | PA      | $2736445.80    | 0.01%             | 2025-06-13      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                           | CUSIP: 25278XAN9<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    1114000 | PA      | $1015477.84    | 0.00%             | 2029-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703DBG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1015000 | PA      | $674335.55     | 0.00%             | 2051-12-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Kingdom of Morocco                                                               | Morocco Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |     400000 | PA      | $346140.00     | 0.00%             | 2042-12-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                                                            | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    1000000 | PA      | $341680.00     | 0.00%             | 2030-03-28      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| MISC CAPITAL TWO LABUAN                                                          | Misc Capital Two Labuan Ltd                                                      | CUSIP: 000000000<br>LEI: 9845000ED8376T875113 | Long             | DBT              | CORP              | MY        |     200000 | PA      | $192916.00     | 0.00%             | 2025-04-06      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| INGREDION INC                                                                    | Ingredion Inc                                                                    | CUSIP: 457187AC6<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | DBT              | CORP              | US        |     462000 | PA      | $405552.84     | 0.00%             | 2030-06-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAP3<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     545000 | PA      | $424129.90     | 0.00%             | 2031-07-12      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Wyeth LLC                                                                        | Wyeth LLC                                                                        | CUSIP: 983024AF7<br>LEI: 549300Q9GR3WRH4N4836 | Long             | DBT              | CORP              | US        |     845000 | PA      | $857852.45     | 0.00%             | 2024-02-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Block Financial LLC                                                              | Block Financial LLC                                                              | CUSIP: 093662AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     284000 | PA      | $285269.48     | 0.00%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAD9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     498000 | PA      | $478528.20     | 0.00%             | 2027-05-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                              | Citigroup Commercial Mortgage Trust 2016-P4                                      | CUSIP: 29429EAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3600000 | PA      | $3365480.88    | 0.02%             | 2049-07-10      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Comerica Inc                                                                     | Comerica Inc                                                                     | CUSIP: 200340AT4<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |     870000 | PA      | $843221.40     | 0.00%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140CA6<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     650000 | PA      | $621055.50     | 0.00%             | 2032-08-05      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                              | CUSIP: 291011BP8<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |    1103000 | PA      | $974246.81     | 0.00%             | 2026-10-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BU6<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     422000 | PA      | $404309.76     | 0.00%             | 2026-02-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                           | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |     600000 | PA      | $601434.00     | 0.00%             | 2027-03-08      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CC0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     458000 | PA      | $396082.98     | 0.00%             | 2049-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EX7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     910000 | PA      | $712493.60     | 0.00%             | 2036-11-18      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VCQ5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1639000 | PA      | $1567883.79    | 0.01%             | 2034-11-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp                                                           | CUSIP: 101137AV9<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |     352000 | PA      | $346811.52     | 0.00%             | 2024-03-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                                                           | Credit Suisse AG/New York NY                                                     | CUSIP: 22550L2C4<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |    1800000 | PA      | $1662984.00    | 0.01%             | 2025-04-09      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                        | Block Inc                                                                        | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     670000 | PA      | $609137.20     | 0.00%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| SANDS CHINA LTD                                                                  | Sands China Ltd                                                                  | CUSIP: 80007RAK1<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |     970000 | PA      | $919133.20     | 0.00%             | 2026-01-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                                                         | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |     520000 | PA      | $340267.20     | 0.00%             | 2061-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | TEXAS ST                                                                         | CUSIP: 882724QP5<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |     650000 | PA      | $543496.85     | 0.00%             | 2044-04-01      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFS3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1226000 | PA      | $1208394.64    | 0.01%             | 2025-08-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RBG2<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     608000 | PA      | $604473.60     | 0.00%             | 2043-11-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063A5E0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1900000 | PA      | $2396430.10    | 0.01%             | 2034-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA                                                                 | Beazer Homes USA Inc                                                             | CUSIP: 07556QBT1<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     230000 | PA      | $212545.30     | 0.00%             | 2029-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 893526DJ9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     613000 | PA      | $660783.35     | 0.00%             | 2040-06-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FX0<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     439000 | PA      | $340664.00     | 0.00%             | 2049-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                                                         | British Telecommunications PLC                                                   | CUSIP: 111021AE1<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    1452000 | PA      | $1830100.80    | 0.01%             | 2030-12-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| BRIGHT GALAXY INTL LTD                                                           | Bright Galaxy International Ltd                                                  | CUSIP: 000000000<br>LEI: 655600WU5N985MBAAW94 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $171904.00     | 0.00%             | 2026-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DORNOCH DEBT MERGER SUB                                                          | Dornoch Debt Merger Sub Inc                                                      | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     450000 | PA      | $340938.00     | 0.00%             | 2029-10-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                    | UniCredit SpA                                                                    | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    1120000 | PA      | $980896.00     | 0.00%             | 2035-06-30      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                                                              | Altice Financing SA                                                              | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    1458000 | PA      | $1227927.60    | 0.01%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAB6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1400000 | PA      | $1116416.00    | 0.01%             | 2047-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MASONITE INTERNATIONAL C                                                         | Masonite International Corp                                                      | CUSIP: 575385AE9<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | CA        |     225000 | PA      | $187186.50     | 0.00%             | 2030-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804GA6<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     265000 | PA      | $246238.00     | 0.00%             | 2048-12-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                                                         | Diversified Healthcare Trust                                                     | CUSIP: 25525PAB3<br>LEI: N/A                  | Long             | DBT              |  | US        |     300000 | PA      | $203553.00     | 0.00%             | 2031-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                                                 | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     910000 | PA      | $763480.90     | 0.00%             | 2031-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2H5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2530000 | PA      | $2416175.30    | 0.01%             | 2025-10-30      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| HAZINE MUSTESARLIGI VARL                                                         | Hazine Mustesarligi Varlik Kiralama AS                                           | CUSIP: 000000000<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | NUSS              | TR        |    2000000 | PA      | $2071660.00    | 0.01%             | 2025-11-13      | Fixed         | 9.76%                 | No            |                  2 | On Loan: No      |
| ENERSYS                                                                          | EnerSys                                                                          | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     280000 | PA      | $258650.00     | 0.00%             | 2027-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RAJ8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     630000 | PA      | $718785.90     | 0.00%             | 2038-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | DALLAS TX AREA RAPID TRANSIT SALES TAX REVENUE                                   | CUSIP: 235241LS3<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |      50000 | PA      | $58542.40      | 0.00%             | 2044-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hydro-Quebec                                                                     | Hydro-Quebec                                                                     | CUSIP: 448814EJ8<br>LEI: 6THEVG93PYJH84S4D167 | Long             | DBT              | NUSS              | CA        |     210000 | PA      | $219590.70     | 0.00%             | 2024-07-07      | Fixed         | 8.05%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BJ2<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | DBT              | CORP              | US        |    1218000 | PA      | $1133811.84    | 0.01%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 539439AV1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    1615000 | PA      | $1522864.25    | 0.01%             | 2026-02-05      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBZ3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     623000 | PA      | $512648.01     | 0.00%             | 2030-07-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAF5<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    1095000 | PA      | $1011747.15    | 0.00%             | 2028-04-06      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20000000 | PA      | $16284375.00   | 0.08%             | 2030-08-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                                              | SVB Financial Group                                                              | CUSIP: 78486QAH4<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |     141000 | PA      | $120501.42     | 0.00%             | 2028-05-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KLEZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   13853893 | PA      | $11723225.09   | 0.06%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDZ6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     900000 | PA      | $917109.00     | 0.00%             | 2025-10-10      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBV1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     710000 | PA      | $676615.80     | 0.00%             | 2025-01-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DMKG9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   27587107 | PA      | $25630500.95   | 0.12%             | 2049-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY CO                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AW5<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     220000 | PA      | $153443.40     | 0.00%             | 2052-08-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                                              | NuStar Logistics LP                                                              | CUSIP: 67059TAG0<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     442000 | PA      | $437336.90     | 0.00%             | 2025-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BJ2<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     692000 | PA      | $588781.28     | 0.00%             | 2030-05-04      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                             | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    1275000 | PA      | $1249716.75    | 0.01%             | 2028-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBU4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1072000 | PA      | $853376.32     | 0.00%             | 2046-07-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                                                | State Street Corp                                                                | CUSIP: 857477AW3<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     982000 | PA      | $934107.86     | 0.00%             | 2026-05-19      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EU4H9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      14903 | PA      | $14236.70      | 0.00%             | 2046-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBX3<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     560000 | PA      | $541178.40     | 0.00%             | 2028-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| METINVEST BV                                                                     | Metinvest BV                                                                     | CUSIP: 000000000<br>LEI: 635400TMCKVEU87EJ582 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $196950.00     | 0.00%             | 2029-10-17      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254AL4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     325000 | PA      | $324746.50     | 0.00%             | 2024-01-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2L6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1095000 | PA      | $1066146.75    | 0.01%             | 2031-04-04      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                                               | Steel Dynamics Inc                                                               | CUSIP: 858119BJ8<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     396000 | PA      | $380247.12     | 0.00%             | 2024-12-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                                                       | Humana Inc                                                                       | CUSIP: 444859BE1<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     342000 | PA      | $330905.52     | 0.00%             | 2044-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| American Express Co                                                              | American Express Co                                                              | CUSIP: 025816CF4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    1086000 | PA      | $1038520.08    | 0.00%             | 2026-05-20      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KBE2<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    1025000 | PA      | $874079.00     | 0.00%             | 2031-03-11      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172BQ1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     385000 | PA      | $373315.25     | 0.00%             | 2025-08-11      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                | CUSIP: 50249AAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     510000 | PA      | $368133.30     | 0.00%             | 2060-10-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Chubb INA Holdings Inc                                                           | Chubb INA Holdings Inc                                                           | CUSIP: 00440EAV9<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     994000 | PA      | $964150.18     | 0.00%             | 2026-05-03      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN                                                         | Brighthouse Financial Inc                                                        | CUSIP: 10922NAF0<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |     776000 | PA      | $630197.36     | 0.00%             | 2047-06-22      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UDG1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    1644000 | PA      | $1500034.92    | 0.01%             | 2030-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ERUK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      63833 | PA      | $62908.89      | 0.00%             | 2032-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                                             | Colombia Government International Bond                                           | CUSIP: 195325EA9<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     800000 | PA      | $519088.00     | 0.00%             | 2042-02-22      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 96949LAD7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     601000 | PA      | $581064.83     | 0.00%             | 2027-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EYM3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     540000 | PA      | $509403.60     | 0.00%             | 2025-01-21      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TAK1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     199616 | PA      | $192026.13     | 0.00%             | 2047-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                        | CUSIP: 502431AL3<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    1147000 | PA      | $1116214.52    | 0.01%             | 2026-12-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Power Finance Corp Ltd                                                           | Power Finance Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $197166.00     | 0.00%             | 2028-08-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                               | Panama Government International Bond                                             | CUSIP: 698299BG8<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     800000 | PA      | $641728.00     | 0.00%             | 2047-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FP6<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     620000 | PA      | $607618.60     | 0.00%             | 2027-03-23      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CWJ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      47048 | PA      | $48051.32      | 0.00%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EHJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       6679 | PA      | $6445.55       | 0.00%             | 2052-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONTEMPRY RUIDNG DEVELOP                                                         | Contemporary Ruiding Development Ltd                                             | CUSIP: 000000000<br>LEI: 549300MSU00BINFBY870 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $699992.00     | 0.00%             | 2026-09-09      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807CS4<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |     955000 | PA      | $933923.15     | 0.00%             | 2024-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 458182BV3<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     180000 | PA      | $190699.20     | 0.00%             | 2025-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VF CORP                                                                          | VF Corp                                                                          | CUSIP: 918204BA5<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |     421000 | PA      | $399377.44     | 0.00%             | 2025-04-23      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES LUX                                                           | Trane Technologies Luxembourg Finance SA                                         | CUSIP: 456873AB4<br>LEI: 549300GHBOWCVY92IS29 | Long             | DBT              | CORP              | LU        |     328000 | PA      | $321371.12     | 0.00%             | 2024-11-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAR8<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |      20000 | PA      | $19154.80      | 0.00%             | 2027-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233DAP2<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     390000 | PA      | $474146.40     | 0.00%             | 2033-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| GRANITE US HOLDINGS CORP                                                         | Granite US Holdings Corp                                                         | CUSIP: 38748YAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     175000 | PA      | $184520.00     | 0.00%             | 2027-10-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BK9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    1515000 | PA      | $1339123.65    | 0.01%             | 2039-07-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Ohio State University/The                                                        | OHIO ST UNIV                                                                     | CUSIP: 677632G88<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |     395000 | PA      | $343175.61     | 0.00%             | 2046-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138EQ5W8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     415710 | PA      | $401813.30     | 0.00%             | 2031-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PRICOA GLOBAL FUNDING 1                                                          | Pricoa Global Funding I                                                          | CUSIP: 74153WCM9<br>LEI: 635400IBXEBMD9ADYA79 | Long             | DBT              | CORP              | US        |     490000 | PA      | $444283.00     | 0.00%             | 2025-09-01      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GXA7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1152000 | PA      | $1064620.80    | 0.01%             | 2039-04-23      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                                                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AL5<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     232000 | PA      | $196007.52     | 0.00%             | 2030-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWDR1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8830836 | PA      | $7731801.96    | 0.04%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCG4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     769000 | PA      | $664346.79     | 0.00%             | 2052-11-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| NBN CO LTD                                                                       | NBN Co Ltd                                                                       | CUSIP: 62878U2B7<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |    1298000 | PA      | $1082609.88    | 0.01%             | 2031-05-05      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CASTLE PEAK PWR FIN CO                                                           | Castle Peak Power Finance Co Ltd                                                 | CUSIP: 000000000<br>LEI: 254900LYMFL8O07R2452 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $168194.00     | 0.00%             | 2030-06-22      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Stena AB                                                                         | Stena AB                                                                         | CUSIP: 858577AR0<br>LEI: 213800CWLTI7WZCC2R35 | Long             | DBT              | CORP              | SE        |     225000 | PA      | $224946.00     | 0.00%             | 2024-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WFAW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      54134 | PA      | $52324.69      | 0.00%             | 2030-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DV3U7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9658311 | PA      | $9178511.18    | 0.04%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBW4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     845000 | PA      | $642216.90     | 0.00%             | 2042-11-24      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO                                                          | KazMunayGas National Co JSC                                                      | CUSIP: 000000000<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     600000 | PA      | $557820.00     | 0.00%             | 2027-04-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                                         | Amcor Flexibles North America Inc                                                | CUSIP: 02344AAA6<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |     840000 | PA      | $710371.20     | 0.00%             | 2031-05-25      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAL0<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |     200000 | PA      | $197510.00     | 0.00%             | 2024-08-20      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                     | CUSIP: 15135BAZ4<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    1165000 | PA      | $954507.80     | 0.00%             | 2031-08-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CELLNEX FINANCE                                                                  | Cellnex Finance Co SA                                                            | CUSIP: 15118JAA3<br>LEI: 549300OUROMFTRFA7T23 | Long             | DBT              | CORP              | ES        |     385000 | PA      | $285770.10     | 0.00%             | 2041-07-07      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC CO                                                                | NSTAR Electric Co                                                                | CUSIP: 67021CAQ0<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     245000 | PA      | $182654.85     | 0.00%             | 2051-06-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FCTC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      19310 | PA      | $18446.88      | 0.00%             | 2047-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HANA BANK                                                                        | Hana Bank                                                                        | CUSIP: 000000000<br>LEI: 6RPK2YDJN6L35AS0M510 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $347884.00     | 0.00%             | 2026-12-16      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                              | CUSIP: 30161MAG8<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |     420000 | PA      | $453205.20     | 0.00%             | 2039-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BAE Systems Holdings Inc                                                         | BAE Systems Holdings Inc                                                         | CUSIP: 05523UAL4<br>LEI: MF62XBVMNYTYMC18DL76 | Long             | DBT              | CORP              | US        |     511000 | PA      | $481699.26     | 0.00%             | 2044-10-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HBW4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $954380.00     | 0.00%             | 2028-01-31      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                      | CUSIP: 931142ET6<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    1455000 | PA      | $1223145.75    | 0.01%             | 2031-09-22      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| AMFAM HOLDINGS INC                                                               | AmFam Holdings Inc                                                               | CUSIP: 03115AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     780000 | PA      | $619421.40     | 0.00%             | 2031-03-11      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CAN5<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    1040000 | PA      | $1026355.20    | 0.00%             | 2024-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571903BH5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |      35000 | PA      | $28396.20      | 0.00%             | 2033-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                                                           | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              |  | US        |     615000 | PA      | $534711.75     | 0.00%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GEW5<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     165000 | PA      | $158632.65     | 0.00%             | 2025-03-21      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                    | DISH DBS Corp                                                                    | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1010000 | PA      | $642309.50     | 0.00%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SHANGHAI PUDONG DEV/SG                                                           | Shanghai Pudong Development Bank Co Ltd/Singapore                                | CUSIP: 000000000<br>LEI: 5493000UMGG5FY3JYJ61 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $193250.00     | 0.00%             | 2024-01-19      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                              | CUSIP: 49446RAU3<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              | CORP              | US        |     290000 | PA      | $281430.50     | 0.00%             | 2025-02-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| OVINTIV EXPLORATION INC                                                          | Ovintiv Exploration Inc                                                          | CUSIP: 651290AR9<br>LEI: T8W3X1PFLPW2YE0UIP44 | Long             | DBT              | CORP              | US        |     485000 | PA      | $488186.45     | 0.00%             | 2026-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                 | CUSIP: 26884ABG7<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              | CORP              | US        |     130000 | PA      | $122240.30     | 0.00%             | 2027-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                                                           | Galaxy Pipeline Assets Bidco Ltd                                                 | CUSIP: 000000000<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |    1400000 | PA      | $1145676.00    | 0.01%             | 2036-03-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 05581KAB7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     440000 | PA      | $434671.60     | 0.00%             | 2024-01-10      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DQ70<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12657533 | PA      | $10744380.57   | 0.05%             | 2050-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123AW0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2420000 | PA      | $2403931.20    | 0.01%             | 2025-02-05      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp                                                                  | CMS Energy Corp                                                                  | CUSIP: 125896BQ2<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |      35000 | PA      | $33090.05      | 0.00%             | 2026-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HERCULES CAPITAL INC                                                             | Hercules Capital Inc                                                             | CUSIP: 427096AJ1<br>LEI: 549300UJ5OC256GR2B73 | Long             | DBT              | CORP              | US        |      30000 | PA      | $26514.60      | 0.00%             | 2027-01-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TKR5<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     360000 | PA      | $365972.40     | 0.00%             | 2033-01-12      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703DBL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $199986.00     | 0.00%             | 2033-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X8KW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2396811 | PA      | $2116493.38    | 0.01%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017CY3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    2025000 | PA      | $1988489.25    | 0.01%             | 2028-11-16      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109BR4<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     130000 | PA      | $130273.00     | 0.00%             | 2030-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CLP POWER HK FINANCING                                                           | CLP Power Hong Kong Financing Ltd                                                | CUSIP: 000000000<br>LEI: 254900SBJOP9O3YV1271 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $190324.00     | 0.00%             | 2027-10-26      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFA4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   39700000 | PA      | $38842418.07   | 0.19%             | 2024-07-31      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATURA COSMETICOS SA                                                             | Natura Cosmeticos SA                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |     800000 | PA      | $660000.00     | 0.00%             | 2028-05-03      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DK1<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    3040000 | PA      | $2888668.80    | 0.01%             | 2025-03-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                                      | CUSIP: 45506ECL5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     100000 | PA      | $77960.20      | 0.00%             | 2051-01-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Main Street Capital Corp                                                         | Main Street Capital Corp                                                         | CUSIP: 56035LAD6<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |     525000 | PA      | $522401.25     | 0.00%             | 2024-05-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                                                     | WP Carey Inc                                                                     | CUSIP: 92936UAG4<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     310000 | PA      | $260406.20     | 0.00%             | 2031-02-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| DANAOS CORP                                                                      | Danaos Corp                                                                      | CUSIP: 23585WAA2<br>LEI: 734IM3DNDNT36T7YTD24 | Long             | DBT              | CORP              | MH        |     305000 | PA      | $294721.50     | 0.00%             | 2028-03-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 92553PAP7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    1089000 | PA      | $803605.77     | 0.00%             | 2043-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                                                           | Export-Import Bank of India                                                      | CUSIP: 000000000<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |     200000 | PA      | $197274.00     | 0.00%             | 2024-03-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJK6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2093000 | PA      | $1887865.07    | 0.01%             | 2026-10-24      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTL HLDINGS NE                                                         | Mondelez International Holdings Netherlands BV                                   | CUSIP: 60920LAF1<br>LEI: 549300CW356R8I7N8D33 | Long             | DBT              | CORP              | NL        |     650000 | PA      | $623857.00     | 0.00%             | 2024-09-19      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBV6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     500000 | PA      | $446545.00     | 0.00%             | 2052-03-16      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp                                                                 | Black Hills Corp                                                                 | CUSIP: 092113AN9<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |     269000 | PA      | $221352.03     | 0.00%             | 2046-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Bacardi Ltd                                                                      | Bacardi Ltd                                                                      | CUSIP: 067316AD1<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |     485000 | PA      | $447480.40     | 0.00%             | 2026-07-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SINOCHEM OFFSHORE CAPITA                                                         | Sinochem Offshore Capital Co Ltd                                                 | CUSIP: 000000000<br>LEI: 3003004LKKZ33WMP2P47 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $321220.00     | 0.00%             | 2031-09-23      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CARS.COM INC                                                                     | Cars.com Inc                                                                     | CUSIP: 14575EAA3<br>LEI: 5493002G6J07LNGX4M98 | Long             | DBT              | CORP              | US        |     255000 | PA      | $236657.85     | 0.00%             | 2028-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                                                          | National Australia Bank Ltd                                                      | CUSIP: 632525AS0<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |    2363000 | PA      | $2095153.95    | 0.01%             | 2034-08-02      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| LYONDELLBASELL IND NV                                                            | LyondellBasell Industries NV                                                     | CUSIP: 552081AM3<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | DBT              | CORP              | NL        |     415000 | PA      | $357476.85     | 0.00%             | 2055-02-26      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                                                       | Pfizer Inc                                                                       | CUSIP: 717081FB4<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     573000 | PA      | $479056.65     | 0.00%             | 2031-08-18      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RGL0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     720000 | PA      | $707306.40     | 0.00%             | 2028-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                          | CUSIP: 404119BR9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1756000 | PA      | $1762795.72    | 0.01%             | 2025-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RHT2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     240000 | PA      | $236028.00     | 0.00%             | 2026-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WESCO AIRCRAFT HOLDINGS                                                          | Wesco Aircraft Holdings Inc                                                      | CUSIP: 97789LAC0<br>LEI: 529900P5VTXZS191P208 | Long             | DBT              | CORP              | US        |     322000 | PA      | $157780.00     | 0.00%             | 2024-11-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141EC31<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1626000 | PA      | $1571480.22    | 0.01%             | 2044-07-08      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578AE46<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    1000000 | PA      | $993710.00     | 0.00%             | 2027-07-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1672000 | PA      | $1137277.68    | 0.01%             | 2052-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448FL7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     525000 | PA      | $513040.50     | 0.00%             | 2028-02-18      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| XHR LP                                                                           | XHR LP                                                                           | CUSIP: 98372MAA3<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              |  | US        |     342000 | PA      | $338634.72     | 0.00%             | 2025-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AP8<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     710000 | PA      | $613752.40     | 0.00%             | 2031-03-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                | CUSIP: 370334CL6<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     828000 | PA      | $741548.52     | 0.00%             | 2030-04-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                 | FirstEnergy Corp                                                                 | CUSIP: 337932AL1<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     437000 | PA      | $373315.99     | 0.00%             | 2030-03-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516CK0<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     500000 | PA      | $526570.00     | 0.00%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                   | CUSIP: 09261HAY3<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     600000 | PA      | $608526.00     | 0.00%             | 2025-09-29      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                                                   | Hertz Corp/The                                                                   | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |     492000 | PA      | $437137.08     | 0.00%             | 2026-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                                                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416515BE3<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     540000 | PA      | $482457.60     | 0.00%             | 2029-08-19      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AS7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     840000 | PA      | $828819.60     | 0.00%             | 2027-08-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61772BAC7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1455000 | PA      | $1163927.25    | 0.01%             | 2042-04-22      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    1520000 | PA      | $1555765.60    | 0.01%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                  | CUSIP: 842587DF1<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     563000 | PA      | $535334.18     | 0.00%             | 2051-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CT6<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     515000 | PA      | $427640.55     | 0.00%             | 2031-01-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                                                            | Nabors Industries Ltd                                                            | CUSIP: 629571AB6<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |     270000 | PA      | $257296.50     | 0.00%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | Vistra Operations Co LLC                                                         | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     769000 | PA      | $676881.49     | 0.00%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                               | Ally Financial Inc                                                               | CUSIP: 02005NAV2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     759000 | PA      | $758020.89     | 0.00%             | 2024-09-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBD7<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     701000 | PA      | $653002.53     | 0.00%             | 2026-11-18      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Kentucky Utilities Co                                                            | Kentucky Utilities Co                                                            | CUSIP: 491674BL0<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |     484000 | PA      | $436795.48     | 0.00%             | 2045-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FUNDING LLC                                                           | NXP BV / NXP Funding LLC                                                         | CUSIP: 62947QBB3<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | XX        |     663000 | PA      | $668085.21     | 0.00%             | 2026-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                                       | US Bancorp                                                                       | CUSIP: 91159HHR4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     768000 | PA      | $733916.16     | 0.00%             | 2027-04-27      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109BJ2<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     393000 | PA      | $348484.89     | 0.00%             | 2028-06-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Olin Corp                                                                        | Olin Corp                                                                        | CUSIP: 680665AK2<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |     466000 | PA      | $440463.20     | 0.00%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF QATAR                                                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    3200000 | PA      | $3148480.00    | 0.02%             | 2030-04-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AW9<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     418000 | PA      | $360495.74     | 0.00%             | 2030-03-12      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516AR7<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     169000 | PA      | $187017.09     | 0.00%             | 2036-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                                                          | Blackstone Secured Lending Fund                                                  | CUSIP: 09261XAB8<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |     375000 | PA      | $332703.75     | 0.00%             | 2026-09-16      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| eBay Inc                                                                         | eBay Inc                                                                         | CUSIP: 278642AF0<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     575000 | PA      | $489497.50     | 0.00%             | 2042-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                         | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBC3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    1547000 | PA      | $1501966.83    | 0.01%             | 2026-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BSF FINANCE                                                                      | BSF Finance                                                                      | CUSIP: 000000000<br>LEI: 549300FJCGREO1P1UL36 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $410004.00     | 0.00%             | 2027-11-23      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| B2W DIGITAL LUX SARL                                                             | B2W Digital Lux Sarl                                                             | CUSIP: 000000000<br>LEI: 222100KMO43GQ28M6N31 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $33376.00      | 0.00%             | 2030-12-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CNO Financial Group Inc                                                          | CNO Financial Group Inc                                                          | CUSIP: 12621EAK9<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |     287000 | PA      | $287094.71     | 0.00%             | 2025-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                      | CUSIP: 38122ND82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     220000 | PA      | $204931.98     | 0.00%             | 2050-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650CF5<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     701000 | PA      | $686650.53     | 0.00%             | 2024-08-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                                         | Healthcare Realty Holdings LP                                                    | CUSIP: 42225UAH7<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              |  | US        |     601000 | PA      | $474790.00     | 0.00%             | 2031-03-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ELECTRIC                                                           | Massachusetts Electric Co                                                        | CUSIP: 575634AS9<br>LEI: 549300XN8GZY5U5O1B96 | Long             | DBT              | CORP              | US        |     220000 | PA      | $230606.20     | 0.00%             | 2039-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YAR6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    1535000 | PA      | $1487814.10    | 0.01%             | 2025-02-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBP4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    1433000 | PA      | $1282105.10    | 0.01%             | 2029-07-16      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                | CUSIP: 20826FAV8<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |     425000 | PA      | $364059.25     | 0.00%             | 2052-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NAC5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     486000 | PA      | $581285.16     | 0.00%             | 2033-03-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023BU8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     830000 | PA      | $767384.80     | 0.00%             | 2027-03-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FIN DEPT GOVT SHARJAH                                                            | Finance Department Government of Sharjah                                         | CUSIP: 000000000<br>LEI: 254900ZNL8O3F1CLJO24 | Long             | DBT              | NUSS              | AE        |     700000 | PA      | $464520.00     | 0.00%             | 2050-07-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                                                                | Chile Government International Bond                                              | CUSIP: 168863CA4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    1000000 | PA      | $963010.00     | 0.00%             | 2026-01-21      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                                                         | Province of British Columbia Canada                                              | CUSIP: 11070TAK4<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    1405000 | PA      | $1326797.70    | 0.01%             | 2026-06-02      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8GN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     333738 | PA      | $321883.03     | 0.00%             | 2045-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RQ36<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       5165 | PA      | $5100.03       | 0.00%             | 2045-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                                         | CUSIP: 6789084D3<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |     400000 | PA      | $383162.68     | 0.00%             | 2045-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408GY3<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     475000 | PA      | $425989.50     | 0.00%             | 2044-03-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                        | CUSIP: 361448BF9<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     600000 | PA      | $556140.00     | 0.00%             | 2030-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHINA MERCHANTS BANK/HK                                                          | China Merchants Bank Co Ltd/Hong Kong                                            | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | DBT              | CORP              | CN        |    1000000 | PA      | $911050.00     | 0.00%             | 2025-09-10      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| ENVIVA PARTNERS LP/FIN C                                                         | Enviva Partners LP / Enviva Partners Finance Corp                                | CUSIP: 29413XAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     535000 | PA      | $501011.45     | 0.00%             | 2026-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    1175000 | PA      | $1236299.75    | 0.01%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YBC8<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     960000 | PA      | $867283.20     | 0.00%             | 2027-06-10      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AV5<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     332000 | PA      | $327000.08     | 0.00%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DANA INC                                                                         | Dana Inc                                                                         | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     250000 | PA      | $210762.50     | 0.00%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBU8<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1315000 | PA      | $1177819.20    | 0.01%             | 2027-11-24      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK CHINA/SG                                                           | Industrial & Commercial Bank of China Ltd/Singapore                              | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |    2000000 | PA      | $1876960.00    | 0.01%             | 2024-10-28      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| NGPL PipeCo LLC                                                                  | NGPL PipeCo LLC                                                                  | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |     475000 | PA      | $533021.25     | 0.00%             | 2037-12-15      | Fixed         | 7.77%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                          | CUSIP: 04636NAE3<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |     620000 | PA      | $545736.40     | 0.00%             | 2028-05-28      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| FORTINET INC                                                                     | Fortinet Inc                                                                     | CUSIP: 34959EAB5<br>LEI: 549300O0QJWDBAS0QX03 | Long             | DBT              | CORP              | US        |     692000 | PA      | $568111.24     | 0.00%             | 2031-03-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNW65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9472099 | PA      | $8603441.68    | 0.04%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FZ5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |    1315000 | PA      | $1268278.05    | 0.01%             | 2025-04-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Diageo Capital PLC                                                               | Diageo Capital PLC                                                               | CUSIP: 25243YAH2<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |     281000 | PA      | $310460.04     | 0.00%             | 2036-09-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                                                           | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     490000 | PA      | $477784.30     | 0.00%             | 2032-04-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Allegheny Ludlum LLC                                                             | Allegheny Ludlum LLC                                                             | CUSIP: 016900AC6<br>LEI: KCBRRAMO64UL0JAYG446 | Long             | DBT              | CORP              | US        |      52000 | PA      | $51853.88      | 0.00%             | 2025-12-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| CNH Industrial NV                                                                | CNH Industrial NV                                                                | CUSIP: 12594KAB8<br>LEI: 549300WGC2HZ5J67V817 | Long             | DBT              | CORP              | NL        |     789000 | PA      | $767152.59     | 0.00%             | 2027-11-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                       | CUSIP: 695114CT3<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     433000 | PA      | $381351.76     | 0.00%             | 2049-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NK7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     256000 | PA      | $238807.04     | 0.00%             | 2046-04-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| US Bancorp                                                                       | US Bancorp                                                                       | CUSIP: 91159HHK9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     870000 | PA      | $858289.80     | 0.00%             | 2024-09-11      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FV5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     170000 | PA      | $132617.00     | 0.00%             | 2061-05-20      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                                         | Take-Two Interactive Software Inc                                                | CUSIP: 874054AF6<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |     360000 | PA      | $349192.80     | 0.00%             | 2025-04-14      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                         | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     335000 | PA      | $297000.95     | 0.00%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                                                         | Tyco Electronics Group SA                                                        | CUSIP: 902133AR8<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |      25000 | PA      | $24540.50      | 0.00%             | 2024-08-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT                                                            | Costa Rica Government International Bond                                         | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     400000 | PA      | $387380.00     | 0.00%             | 2025-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ENN CLEAN ENERGY                                                                 | ENN Clean Energy International Investment Ltd                                    | CUSIP: 000000000<br>LEI: 3003009YZ3S5V395NR77 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $905300.00     | 0.00%             | 2026-05-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GLE7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1880000 | PA      | $1886241.60    | 0.01%             | 2027-01-20      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - Texas A&M University System                          | TEXAS ST A & M UNIV PERM UNIV FUND                                               | CUSIP: 8821175V2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     100000 | PA      | $89024.80      | 0.00%             | 2047-07-01      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae                                                                       | CUSIP: 21H040624<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   31357000 | PA      | $30440787.66   | 0.15%             | 2053-02-21      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89115A2J0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     540000 | PA      | $535825.80     | 0.00%             | 2024-09-13      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AZ7<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     300000 | PA      | $211962.00     | 0.00%             | 2051-09-14      | Fixed         | 2.63%                 | No            |                  2 | On Loan: —       |
| SYNCHRONY FINANCIAL                                                              | Synchrony Financial                                                              | CUSIP: 87165BAR4<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     687000 | PA      | $534767.67     | 0.00%             | 2031-10-28      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| TEMASEK FINANCIAL I LTD                                                          | Temasek Financial I Ltd                                                          | CUSIP: 87973PAV6<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |     600000 | PA      | $399636.00     | 0.00%             | 2051-04-06      | Fixed         | 2.25%                 | No            |                  2 | On Loan: —       |
| QUALCOMM Inc                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525AF0<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     993000 | PA      | $973120.14     | 0.00%             | 2025-05-20      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                   | CUSIP: 958254AF1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     317000 | PA      | $305689.44     | 0.00%             | 2026-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160BY9<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     746000 | PA      | $712101.76     | 0.00%             | 2026-03-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| SBL HOLDINGS INC                                                                 | SBL Holdings Inc                                                                 | CUSIP: 78432MAA3<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |     555000 | PA      | $499877.40     | 0.00%             | 2026-11-13      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                                                          | QVC Inc                                                                          | CUSIP: 747262AU7<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     380000 | PA      | $324003.20     | 0.00%             | 2025-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2D5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1358000 | PA      | $1318495.78    | 0.01%             | 2025-01-09      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                                                          | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAG9<br>LEI: N/A                  | Long             | DBT              |  | US        |     303000 | PA      | $276599.61     | 0.00%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110BP8<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |     799000 | PA      | $765769.59     | 0.00%             | 2025-06-10      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CXM1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     529718 | PA      | $505768.47     | 0.00%             | 2048-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BAE Systems Holdings Inc                                                         | BAE Systems Holdings Inc                                                         | CUSIP: 05523UAP5<br>LEI: MF62XBVMNYTYMC18DL76 | Long             | DBT              | CORP              | US        |     486000 | PA      | $474175.62     | 0.00%             | 2025-12-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8VQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     321211 | PA      | $300786.89     | 0.00%             | 2044-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BM6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    3210000 | PA      | $3236546.70    | 0.02%             | 2034-01-24      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NBK0<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |      95000 | PA      | $92234.55      | 0.00%             | 2024-02-16      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    7510000 | PA      | $6882210.94    | 0.03%             | 2041-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Willis North America Inc                                                         | Willis North America Inc                                                         | CUSIP: 970648AF8<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     910000 | PA      | $890890.00     | 0.00%             | 2024-05-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WGAM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     751329 | PA      | $718314.45     | 0.00%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRANSURBAN FINANCE CO                                                            | Transurban Finance Co Pty Ltd                                                    | CUSIP: 89400PAE3<br>LEI: 54930081LPJMUMEA6E57 | Long             | DBT              | CORP              | AU        |      35000 | PA      | $34009.50      | 0.00%             | 2026-02-02      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS INTL PL                                                         | Johnson Controls International plc                                               | CUSIP: 478375AU2<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | IE        |     518000 | PA      | $467303.34     | 0.00%             | 2047-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GBG6<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    2087000 | PA      | $1965077.46    | 0.01%             | 2050-03-19      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                                                      | Chemours Co/The                                                                  | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     595000 | PA      | $542169.95     | 0.00%             | 2028-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VFW9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    2483000 | PA      | $1652163.37    | 0.01%             | 2056-10-30      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GBK7<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    1861000 | PA      | $1788011.58    | 0.01%             | 2030-03-19      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| BCPE EMPIRE HOLDINGS INC                                                         | BCPE Empire Holdings Inc                                                         | CUSIP: 05552VAA0<br>LEI: 549300O2G0VI2955B626 | Long             | DBT              | CORP              | US        |     485000 | PA      | $453416.80     | 0.00%             | 2027-05-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                            | CUSIP: 88732JBB3<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    1182000 | PA      | $1059485.70    | 0.01%             | 2041-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHINA SOUTHERN POWER GRI                                                         | China Southern Power Grid International Finance BVI Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     400000 | PA      | $386744.00     | 0.00%             | 2027-05-08      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                              | CUSIP: 49446RAP4<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              | CORP              | US        |     283000 | PA      | $263008.88     | 0.00%             | 2026-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128283J7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   25000000 | PA      | $24052734.50   | 0.12%             | 2024-11-30      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Pampa Energia SA                                                                 | Pampa Energia SA                                                                 | CUSIP: 000000000<br>LEI: 254900QNIK0CVURGML24 | Long             | DBT              | CORP              | AR        |     600000 | PA      | $566664.00     | 0.00%             | 2027-01-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| KB KOOKMIN CARD CO LTD                                                           | KB Kookmin Card Co Ltd                                                           | CUSIP: 000000000<br>LEI: 988400VU1GFPPZ59F863 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $175666.00     | 0.00%             | 2026-05-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Kosmos Energy Ltd                                                                | Kosmos Energy Ltd                                                                | CUSIP: 000000000<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |     600000 | PA      | $543906.00     | 0.00%             | 2026-04-04      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GEZ8<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     300000 | PA      | $277839.00     | 0.00%             | 2029-03-21      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DL1<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     993000 | PA      | $777985.71     | 0.00%             | 2051-03-05      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FY7<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    1484000 | PA      | $1270630.48    | 0.01%             | 2040-05-13      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                                         | Cheniere Energy Partners LP                                                      | CUSIP: 16411QAN1<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |     880000 | PA      | $734518.40     | 0.00%             | 2032-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CAMERON LNG LLC                                                                  | Cameron LNG LLC                                                                  | CUSIP: 133434AB6<br>LEI: 549300C39FLHGVD73K22 | Long             | DBT              | CORP              | US        |     982000 | PA      | $857806.46     | 0.00%             | 2035-01-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KJXK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2177127 | PA      | $1998844.24    | 0.01%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STATE OF QATAR                                                                   | Qatar Government International Bond                                              | CUSIP: 74727PAR2<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |     600000 | PA      | $674910.00     | 0.00%             | 2042-01-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae                                                                       | CUSIP: 21H022622<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   43979750 | PA      | $39198231.12   | 0.19%             | 2053-02-21      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HAT4<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    1300000 | PA      | $1266512.00    | 0.01%             | 2024-06-26      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| WESTERN & SOUTHERN LIFE                                                          | Western & Southern Life Insurance Co/The                                         | CUSIP: 95765PAE9<br>LEI: IN763J7JWIZ46OJ1T526 | Long             | DBT              | CORP              | US        |     167000 | PA      | $121368.92     | 0.00%             | 2061-04-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HILL CITY FUNDING TRUST                                                          | Hill City Funding Trust                                                          | CUSIP: 43137PAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     375000 | PA      | $278178.75     | 0.00%             | 2041-08-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| ADVOCATE HEALTH CORP                                                             | Advocate Health & Hospitals Corp                                                 | CUSIP: 007589AE4<br>LEI: 549300AEHU3PPOUCIL87 | Long             | DBT              | CORP              | US        |     222000 | PA      | $159893.28     | 0.00%             | 2050-06-15      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| SHINHAN CARD CO LTD                                                              | Shinhan Card Co Ltd                                                              | CUSIP: 000000000<br>LEI: 988400VPS0FMK2WR8F98 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $357288.00     | 0.00%             | 2027-01-27      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550BW5<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     710000 | PA      | $679036.90     | 0.00%             | 2044-09-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND CO                                                          | Becton Dickinson and Co                                                          | CUSIP: 075887CJ6<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     540000 | PA      | $480097.80     | 0.00%             | 2030-05-20      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1463000 | PA      | $1416725.31    | 0.01%             | 2025-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AMEREN CORP                                                                      | Ameren Corp                                                                      | CUSIP: 023608AH5<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |     534000 | PA      | $514087.14     | 0.00%             | 2024-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967KA8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1916000 | PA      | $1880247.44    | 0.01%             | 2027-09-29      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ANGI GROUP LLC                                                                   | ANGI Group LLC                                                                   | CUSIP: 001846AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     305000 | PA      | $233819.10     | 0.00%             | 2028-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| LINDE INC/CT                                                                     | Linde Inc/CT                                                                     | CUSIP: 53522KAB9<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |     300000 | PA      | $303729.00     | 0.00%             | 2025-12-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkey Government International Bond                                             | CUSIP: 900123DD9<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1500000 | PA      | $1231260.00    | 0.01%             | 2033-09-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | Bausch Health Cos Inc                                                            | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    2131000 | PA      | $1668423.83    | 0.01%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 94973VAN7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     135000 | PA      | $151447.05     | 0.00%             | 2037-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397A45<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     810000 | PA      | $761464.80     | 0.00%             | 2027-01-09      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                                                           | Orbia Advance Corp SAB de CV                                                     | CUSIP: 000000000<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     605000 | PA      | $539030.80     | 0.00%             | 2026-05-11      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION                                                             | M&T Bank Corp                                                                    | CUSIP: 55261FAQ7<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |     460000 | PA      | $460542.80     | 0.00%             | 2028-08-16      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| NEWCREST FINANCE PTY LTD                                                         | Newcrest Finance Pty Ltd                                                         | CUSIP: 65120FAD6<br>LEI: 549300I0XDZ4K7PDSS04 | Long             | DBT              | CORP              | AU        |    1242000 | PA      | $1082390.58    | 0.01%             | 2030-05-13      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ERLD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     360352 | PA      | $342235.79     | 0.00%             | 2031-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                      | CUSIP: 87612EBD7<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     542000 | PA      | $533496.02     | 0.00%             | 2024-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                         | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     120000 | PA      | $112179.60     | 0.00%             | 2052-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| United Airlines Holdings                                                         | United Airlines Holdings Inc                                                     | CUSIP: 910047AH2<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |     225000 | PA      | $223803.00     | 0.00%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| SUTTER HEALTH                                                                    | Sutter Health                                                                    | CUSIP: 86944BAJ2<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |     484000 | PA      | $367128.52     | 0.00%             | 2050-08-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND CO                                                          | Becton Dickinson and Co                                                          | CUSIP: 075887CK3<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     415000 | PA      | $341121.70     | 0.00%             | 2050-05-20      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                                                               | CNO Global Funding                                                               | CUSIP: 18977W2C3<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |     200000 | PA      | $174926.00     | 0.00%             | 2029-01-06      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179V4V9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   11591330 | PA      | $10430599.77   | 0.05%             | 2051-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAR3<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |      80000 | PA      | $72017.60      | 0.00%             | 2027-01-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GXG4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     703000 | PA      | $611434.25     | 0.00%             | 2030-02-07      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FM6<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1139362.00    | 0.01%             | 2030-10-29      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| LAND O LAKES CAP TRST I                                                          | Land O'Lakes Capital Trust I                                                     | CUSIP: 514665AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     247800 | PA      | $243634.48     | 0.00%             | 2028-03-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: —       |
| Legg Mason Inc                                                                   | Legg Mason Inc                                                                   | CUSIP: 524901AR6<br>LEI: OWUNCC6U1ZJXMZKFBJ36 | Long             | DBT              | CORP              | US        |     341000 | PA      | $355751.66     | 0.00%             | 2044-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CBB INTERNATIONAL SUK 7                                                          | CBB International Sukuk Co 7 SPC                                                 | CUSIP: 000000000<br>LEI: 549300W1SSDOZGRC5Z85 | Long             | DBT              | NUSS              | BH        |     800000 | PA      | $835920.00     | 0.00%             | 2025-10-05      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CABLEVISION LIGHTPATH                                                            | Cablevision Lightpath LLC                                                        | CUSIP: 12687GAA7<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |     430000 | PA      | $367374.80     | 0.00%             | 2027-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                                                   | Brunswick Corp/DE                                                                | CUSIP: 117043AT6<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |     270000 | PA      | $204333.30     | 0.00%             | 2031-08-18      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| INDIAN RAILWAY FINANCE                                                           | Indian Railway Finance Corp Ltd                                                  | CUSIP: 45434M2H4<br>LEI: 335800F2JHSOGXQEBY56 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $175462.00     | 0.00%             | 2032-01-21      | Fixed         | 3.57%                 | No            |                  2 | On Loan: —       |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBG0<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     620000 | PA      | $543070.40     | 0.00%             | 2027-07-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAQ5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     135000 | PA      | $135487.35     | 0.00%             | 2032-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CHN CLEAN ENERGY DEVELOP                                                         | China Clean Energy Development Ltd                                               | CUSIP: 000000000<br>LEI: 3003002B8IFJYQS02Y36 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $388580.00     | 0.00%             | 2025-11-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TURKIYE VAKIFLAR BANKASI                                                         | Turkiye Vakiflar Bankasi TAO                                                     | CUSIP: 000000000<br>LEI: 789000KAIHOLSQKQ9858 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $355256.00     | 0.00%             | 2026-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023DB8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     782000 | PA      | $737754.44     | 0.00%             | 2028-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     610000 | PA      | $585404.80     | 0.00%             | 2047-07-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BOC AVIATION LTD                                                                 | BOC Aviation Ltd                                                                 | CUSIP: 09681LAL4<br>LEI: 254900H06V5RMEB3KE72 | Long             | DBT              | CORP              | SG        |    1000000 | PA      | $957550.00     | 0.00%             | 2025-04-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                        | CUSIP: 023551AF1<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |     139000 | PA      | $158020.76     | 0.00%             | 2029-10-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GSNW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     397978 | PA      | $390528.05     | 0.00%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                                                     | Navient Corp                                                                     | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     525000 | PA      | $410996.25     | 0.00%             | 2033-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Boston University                                                                | Trustees of Boston University                                                    | CUSIP: 89838QAA1<br>LEI: 549300M1CR2B2GU2ZU17 | Long             | DBT              | CORP              | US        |     357000 | PA      | $327012.00     | 0.00%             | 2048-10-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13645RBH6<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     875000 | PA      | $646476.25     | 0.00%             | 2051-12-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| NEWS CORP                                                                        | News Corp                                                                        | CUSIP: 65249BAB5<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |     330000 | PA      | $310582.80     | 0.00%             | 2032-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAF4<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     800000 | PA      | $782680.00     | 0.00%             | 2048-05-21      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BQ8<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     353000 | PA      | $331982.38     | 0.00%             | 2049-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133GF3W3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2534517 | PA      | $2309909.07    | 0.01%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ICICI BANK LTD/DUBAI                                                             | ICICI Bank Ltd/Dubai                                                             | CUSIP: 45112FAM8<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | DBT              | CORP              | IN        |     700000 | PA      | $661787.00     | 0.00%             | 2027-12-14      | Fixed         | 3.80%                 | No            |                  2 | On Loan: —       |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SWX1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     793356 | PA      | $765778.30     | 0.00%             | 2047-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442UAP9<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     180000 | PA      | $154162.80     | 0.00%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138YXK87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     108849 | PA      | $105210.44     | 0.00%             | 2030-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                | CUSIP: 049560AT2<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     905000 | PA      | $730669.85     | 0.00%             | 2031-01-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                                                            | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AW6<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |     270000 | PA      | $220727.70     | 0.00%             | 2032-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Nestle Holdings Inc                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AF1<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     725000 | PA      | $708071.25     | 0.00%             | 2028-09-24      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAW7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     580000 | PA      | $474010.80     | 0.00%             | 2031-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FQ6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     200000 | PA      | $166922.00     | 0.00%             | 2036-04-06      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236THU2<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     200000 | PA      | $192026.00     | 0.00%             | 2024-01-11      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EYV3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     215000 | PA      | $196482.05     | 0.00%             | 2027-01-21      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| PUMA INTERNATIONAL FINAN                                                         | Puma International Financing SA                                                  | CUSIP: 000000000<br>LEI: 222100YFBPO7IDRUBR17 | Long             | DBT              | CORP              | LU        |     700000 | PA      | $642747.00     | 0.00%             | 2026-01-24      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                                                 | Lamar Media Corp                                                                 | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     455000 | PA      | $414950.90     | 0.00%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                                                         | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAH6<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |     785000 | PA      | $699866.75     | 0.00%             | 2027-06-11      | Fixed         | 1.42%                 | No            |                  2 | On Loan: No      |
| Chevron Corp                                                                     | Chevron Corp                                                                     | CUSIP: 166764BT6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1141000 | PA      | $1120861.35    | 0.01%             | 2024-03-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BW2<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     430000 | PA      | $381594.90     | 0.00%             | 2047-05-04      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                                                           | DBS Group Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | DBT              | CORP              | SG        |     600000 | PA      | $539376.00     | 0.00%             | 2031-03-10      | Fixed         | 1.82%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                                                          | Office Properties Income Trust                                                   | CUSIP: 81618TAE0<br>LEI: N/A                  | Long             | DBT              |  | US        |     330000 | PA      | $319944.90     | 0.00%             | 2024-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Best Buy Co Inc                                                                  | Best Buy Co Inc                                                                  | CUSIP: 08652BAA7<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | DBT              | CORP              | US        |     476000 | PA      | $470487.92     | 0.00%             | 2028-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: —       |
| Altria Group Inc                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SBD4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     645000 | PA      | $638066.25     | 0.00%             | 2029-02-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JL1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    2475000 | PA      | $2085583.50    | 0.01%             | 2031-02-14      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS                                                           | Discover Financial Services                                                      | CUSIP: 254709AK4<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |    1088000 | PA      | $1067425.92    | 0.01%             | 2024-11-06      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062BE3<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     600000 | PA      | $612618.00     | 0.00%             | 2053-01-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804GF5<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     530000 | PA      | $378144.40     | 0.00%             | 2051-11-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZR6<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     605000 | PA      | $589324.45     | 0.00%             | 2024-03-08      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236THP3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     600000 | PA      | $544278.00     | 0.00%             | 2025-10-16      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                     | CUSIP: 8426EPAD0<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     500000 | PA      | $401535.00     | 0.00%             | 2031-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                                                  | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $855610.00     | 0.00%             | 2027-09-28      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                                       | JPMBB Commercial Mortgage Securities Trust 2014-C23                              | CUSIP: 46643ABD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10293126 | PA      | $9997429.19    | 0.05%             | 2047-09-15      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DVLA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1818930 | PA      | $1620893.52    | 0.01%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | KOREA DEVELOPMENT BANK                                                           | CUSIP: 500630DT2<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $196882.00     | 0.00%             | 2025-09-08      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAN4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    1097000 | PA      | $862088.42     | 0.00%             | 2032-09-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp                                                               | Valero Energy Corp                                                               | CUSIP: 91913YAT7<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     903000 | PA      | $860622.21     | 0.00%             | 2045-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: —       |
| General Motors Co                                                                | General Motors Co                                                                | CUSIP: 37045VAN0<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     744000 | PA      | $719395.92     | 0.00%             | 2027-10-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VITAL ENERGY INC                                                                 | Vital Energy Inc                                                                 | CUSIP: 516806AG1<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     325000 | PA      | $323709.75     | 0.00%             | 2028-01-15      | Fixed         | 10.13%                | No            |                  2 | On Loan: —       |
| GOLDMAN SACHS BDC INC                                                            | Goldman Sachs BDC Inc                                                            | CUSIP: 38147UAC1<br>LEI: 6D01AGSGBNZIJSN77043 | Long             | DBT              | CORP              | US        |     425000 | PA      | $412934.25     | 0.00%             | 2025-02-10      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| TARGET CORP                                                                      | Target Corp                                                                      | CUSIP: 87612EBJ4<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     569000 | PA      | $499542.17     | 0.00%             | 2030-02-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| TITAN ACQ/CO-BORROWER                                                            | Titan Acquisition Ltd / Titan Co-Borrower LLC                                    | CUSIP: 88827AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     415000 | PA      | $392465.50     | 0.00%             | 2026-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     625000 | PA      | $579506.25     | 0.00%             | 2028-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GULFPORT ENERGY OP CORP                                                          | Gulfport Energy Corp                                                             | CUSIP: 402635AQ9<br>LEI: 254900DJRGZBUZ3F5038 | Long             | DBT              | CORP              | US        |     300000 | PA      | $297594.00     | 0.00%             | 2026-05-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                                                       | NetApp Inc                                                                       | CUSIP: 64110DAJ3<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |     490000 | PA      | $448291.20     | 0.00%             | 2027-06-22      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BV4<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     620000 | PA      | $492168.40     | 0.00%             | 2046-07-30      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123CH2<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     825000 | PA      | $746105.25     | 0.00%             | 2030-04-09      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WF7H3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      41694 | PA      | $40300.29      | 0.00%             | 2030-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WGSX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       8231 | PA      | $7868.98       | 0.00%             | 2046-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                                                   | Owens-Brockway Glass Container Inc                                               | CUSIP: 690872AB2<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |     345000 | PA      | $334719.00     | 0.00%             | 2025-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GQ6T8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     622054 | PA      | $594088.78     | 0.00%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                                         | Live Nation Entertainment Inc                                                    | CUSIP: 538034AK5<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |     600000 | PA      | $585408.00     | 0.00%             | 2024-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179S2Q9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     893936 | PA      | $881854.68     | 0.00%             | 2047-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                                                         | Petrobras Global Finance BV                                                      | CUSIP: 71647NAN9<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    1050000 | PA      | $908806.50     | 0.00%             | 2115-06-05      | Fixed         | 6.85%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133AAKC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3897915 | PA      | $3305077.79    | 0.02%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO                                                          | Massachusetts Mutual Life Insurance Co                                           | CUSIP: 575767AN8<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |     548000 | PA      | $400029.04     | 0.00%             | 2070-10-15      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Bed Bath & Beyond Inc                                                            | Bed Bath & Beyond Inc                                                            | CUSIP: 075896AC4<br>LEI: 529900ZBUWWUV7BKGX39 | Long             | DBT              | CORP              | US        |     458000 | PA      | $21063.42      | 0.00%             | 2044-08-01      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | Carnival Corp                                                                    | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    2430000 | PA      | $2016341.10    | 0.01%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EF0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     622000 | PA      | $528096.66     | 0.00%             | 2062-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                                                     | 7-Eleven Inc                                                                     | CUSIP: 817826AC4<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |    2101000 | PA      | $1876844.31    | 0.01%             | 2026-02-10      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                       | CUSIP: 670346AH8<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |      20000 | PA      | $22958.40      | 0.00%             | 2037-12-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI HC CAPITAL                                                            | Mitsubishi HC Capital Inc                                                        | CUSIP: 60682LAH5<br>LEI: 353800MZ3QX9RLMH7B09 | Long             | DBT              | CORP              | JP        |     225000 | PA      | $226395.00     | 0.00%             | 2027-09-15      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| ICD Sukuk Co Ltd                                                                 | ICD Sukuk Co Ltd                                                                 | CUSIP: 000000000<br>LEI: 6354009B91BDFKBMT283 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $603546.00     | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAPTIST HEALTHCARE                                                               | Baptist Healthcare System Obligated Group                                        | CUSIP: 06684QAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      55000 | PA      | $42631.60      | 0.00%             | 2050-08-15      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| Republic of Sri Lanka                                                            | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    1000000 | PA      | $341870.00     | 0.00%             | 2027-05-11      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKA6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1139656.00    | 0.01%             | 2032-07-21      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG                                                         | Banco Bilbao Vizcaya Argentaria SA                                               | CUSIP: 05946KAK7<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |     800000 | PA      | $803512.00     | 0.00%             | 2026-09-14      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                                                          | European Bank for Reconstruction & Development                                   | CUSIP: 29874QEM2<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |     140000 | PA      | $126355.60     | 0.00%             | 2026-01-28      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Colonial Pipeline Co                                                             | Colonial Pipeline Co                                                             | CUSIP: 195869AP7<br>LEI: 549300Y8RLCD6IQXIT35 | Long             | DBT              | CORP              | US        |      80000 | PA      | $77612.80      | 0.00%             | 2025-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     705000 | PA      | $620308.35     | 0.00%             | 2028-12-01      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254CH1<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     525000 | PA      | $435540.00     | 0.00%             | 2033-01-12      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WGHD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      42367 | PA      | $41812.93      | 0.00%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                                                         | Willis North America Inc                                                         | CUSIP: 970648AJ0<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     544000 | PA      | $480705.60     | 0.00%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                     | CUSIP: 65473QAX1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     371000 | PA      | $397211.15     | 0.00%             | 2041-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp                                                                    | DISH DBS Corp                                                                    | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1384000 | PA      | $1122742.32    | 0.01%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                       | CUSIP: 278865BF6<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     578000 | PA      | $461509.88     | 0.00%             | 2031-01-30      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAL7<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     458000 | PA      | $448752.98     | 0.00%             | 2032-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                              | Fifth Third Bancorp                                                              | CUSIP: 316773CV0<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     488000 | PA      | $473608.88     | 0.00%             | 2028-03-14      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FMS Wertmanagement                                                               | FMS Wertmanagement                                                               | CUSIP: 30254WAP4<br>LEI: HZFDOR6TCRSIQLKQTX32 | Long             | DBT              | CORP              | DE        |    1525000 | PA      | $1494972.75    | 0.01%             | 2024-01-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                         | Microchip Technology Inc                                                         | CUSIP: 595017BA1<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |     625000 | PA      | $612475.00     | 0.00%             | 2025-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Arrow Electronics Inc                                                            | Arrow Electronics Inc                                                            | CUSIP: 042735BG4<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |     532000 | PA      | $515252.64     | 0.00%             | 2024-09-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160AL8<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     122000 | PA      | $132318.76     | 0.00%             | 2033-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   12200000 | PA      | $10737906.25   | 0.05%             | 2045-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS INC                                                               | Enact Holdings Inc                                                               | CUSIP: 37255LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     545000 | PA      | $536814.10     | 0.00%             | 2025-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFL8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1203000 | PA      | $1180624.20    | 0.01%             | 2026-10-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HONG KONG                                                                        | Hong Kong Government International Bond                                          | CUSIP: 43858AAH3<br>LEI: 549300DSMAD69T7GGN13 | Long             | DBT              | NUSS              | HK        |     600000 | PA      | $634866.00     | 0.00%             | 2033-01-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                                                             | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    1076000 | PA      | $987595.84     | 0.00%             | 2025-07-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                                         | Healthcare Realty Holdings LP                                                    | CUSIP: 42225UAD6<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              |  | US        |     758000 | PA      | $716977.04     | 0.00%             | 2026-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FTBM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3000000 | PA      | $2541171.51    | 0.01%             | 2030-03-25      | Fixed         | 1.52%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                               | Banco Santander SA                                                               | CUSIP: 05971KAA7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     340000 | PA      | $338303.40     | 0.00%             | 2025-11-19      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                            | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     575000 | PA      | $458804.00     | 0.00%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CA4<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |      88000 | PA      | $85983.92      | 0.00%             | 2025-08-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607GLZ5<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |     930000 | PA      | $884513.70     | 0.00%             | 2025-01-28      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 21684AAD8<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    1156000 | PA      | $1135376.96    | 0.01%             | 2045-08-04      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF ARGENTINA                                                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HW3<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    5325000 | PA      | $1655915.25    | 0.01%             | 2046-07-09      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL Environmental Inc                                                            | CUSIP: 36168QAK0<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     450000 | PA      | $427945.50     | 0.00%             | 2025-08-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT BK OF JAPAN                                                          | Development Bank of Japan Inc                                                    | CUSIP: 25159MBG1<br>LEI: 5493001HGBABMWFZUI25 | Long             | DBT              | NUSS              | JP        |     574000 | PA      | $552073.20     | 0.00%             | 2027-04-28      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CNO Financial Group Inc                                                          | CNO Financial Group Inc                                                          | CUSIP: 12621EAL7<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |     729000 | PA      | $711066.60     | 0.00%             | 2029-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                                                          | International Game Technology PLC                                                | CUSIP: 460599AC7<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |     435000 | PA      | $439506.60     | 0.00%             | 2025-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967BU4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     551000 | PA      | $576527.83     | 0.00%             | 2033-02-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COUNCIL OF EUROPE                                                                | Council Of Europe Development Bank                                               | CUSIP: 222213AX8<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |     300000 | PA      | $283683.00     | 0.00%             | 2024-06-10      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1265000 | PA      | $1059956.15    | 0.01%             | 2029-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                                                         | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAA2<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |     250000 | PA      | $238582.50     | 0.00%             | 2027-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756BB5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    1340000 | PA      | $1555230.80    | 0.01%             | 2034-01-20      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ARAB NATIONAL BANK                                                               | Arab National Bank                                                               | CUSIP: 000000000<br>LEI: 213800CYWGYQVT1ZBQ57 | Long             | DBT              | CORP              | SA        |     600000 | PA      | $568602.00     | 0.00%             | 2030-10-28      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| EMIRATES NBD BANK PJSC                                                           | Emirates NBD Bank PJSC                                                           | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $602052.00     | 0.00%             | 2026-04-09      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Dollar Tree Inc                                                                  | Dollar Tree Inc                                                                  | CUSIP: 256746AG3<br>LEI: 549300PMSTQITB1WHR43 | Long             | DBT              | CORP              | US        |     660000 | PA      | $648199.20     | 0.00%             | 2025-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272BE7<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     105000 | PA      | $90035.40      | 0.00%             | 2031-04-27      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EAC9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1404000 | PA      | $1387783.80    | 0.01%             | 2024-09-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NESCO HOLDINGS II INC                                                            | NESCO Holdings II Inc                                                            | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |     615000 | PA      | $553456.95     | 0.00%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                                       | US Bancorp                                                                       | CUSIP: 91159HHG8<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     365000 | PA      | $361306.20     | 0.00%             | 2024-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAB8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     842000 | PA      | $747569.70     | 0.00%             | 2029-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140F0JL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      11546 | PA      | $11637.71      | 0.00%             | 2046-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NFP CORP                                                                         | NFP Corp                                                                         | CUSIP: 65342RAD2<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |    1557000 | PA      | $1348190.73    | 0.01%             | 2028-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                                      | Phillips 66                                                                      | CUSIP: 718546AH7<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |     724000 | PA      | $793619.84     | 0.00%             | 2042-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BURGAN BANK                                                                      | Burgan Bank SAK                                                                  | CUSIP: 000000000<br>LEI: 558600NC81HKXMFSTY52 | Long             | DBT              | CORP              | KW        |     800000 | PA      | $632496.00     | 0.00%             | 2031-12-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDJ0<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     273000 | PA      | $244351.38     | 0.00%             | 2026-09-24      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X5CH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     206145 | PA      | $204040.28     | 0.00%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                              | United Airlines Inc                                                              | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1277402.00    | 0.01%             | 2029-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TENCENT MUSIC ENT GRP                                                            | Tencent Music Entertainment Group                                                | CUSIP: 88034PAA7<br>LEI: 213800XTZK2GOHQTYK41 | Long             | DBT              | CORP              | KY        |     884000 | PA      | $795007.72     | 0.00%             | 2025-09-03      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| MONGOLIA INTL BOND                                                               | Mongolia Government International Bond                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |     400000 | PA      | $402908.00     | 0.00%             | 2024-03-09      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756BF6<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     300000 | PA      | $322011.00     | 0.00%             | 2025-02-04      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| Avista Corp                                                                      | Avista Corp                                                                      | CUSIP: 05379BAQ0<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | DBT              | CORP              | US        |     315000 | PA      | $283235.40     | 0.00%             | 2048-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP                                                          | Sammons Financial Group Inc                                                      | CUSIP: 79588TAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $200675.00     | 0.00%             | 2031-04-16      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCH1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    1125000 | PA      | $994320.00     | 0.00%             | 2026-09-17      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     600000 | PA      | $220572.00     | 0.00%             | 2035-02-11      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                                                              | Northern Trust Corp                                                              | CUSIP: 665859AX2<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |     640000 | PA      | $703283.20     | 0.00%             | 2032-11-02      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| RAYMOND JAMES FINANCIAL                                                          | Raymond James Financial Inc                                                      | CUSIP: 754730AF6<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |     727000 | PA      | $700820.73     | 0.00%             | 2046-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                          | CUSIP: 56585ABD3<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |     455000 | PA      | $430935.05     | 0.00%             | 2028-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDF8<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    1206000 | PA      | $1167818.04    | 0.01%             | 2024-07-22      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                            | Uber Technologies Inc                                                            | CUSIP: 90353TAG5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     355000 | PA      | $347505.95     | 0.00%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCN9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     629000 | PA      | $624678.77     | 0.00%             | 2058-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCA4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    1636000 | PA      | $1592187.92    | 0.01%             | 2024-06-12      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                                          | Nationwide Building Society                                                      | CUSIP: 63861VAB3<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    1495000 | PA      | $1399723.65    | 0.01%             | 2029-03-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Analog Devices Inc                                                               | Analog Devices Inc                                                               | CUSIP: 032654AK1<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |      50000 | PA      | $52026.50      | 0.00%             | 2045-12-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05583JAM4<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    1025000 | PA      | $1034665.75    | 0.00%             | 2033-07-19      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MALAYSIA SOVEREIGN SUKUK                                                         | Malaysia Sovereign Sukuk Bhd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MY        |     200000 | PA      | $190666.00     | 0.00%             | 2045-04-22      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EWD7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |      55000 | PA      | $51098.30      | 0.00%             | 2027-03-08      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| ADANI TRANS STEP-ONE LTD                                                         | Adani Transmission Step-One Ltd                                                  | CUSIP: 000000000<br>LEI: 335800Z8CGS7O7D72N41 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $323076.00     | 0.00%             | 2026-08-03      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OLEODUCTO CENTRAL SA                                                             | Oleoducto Central SA                                                             | CUSIP: 000000000<br>LEI: 254900W4CPYCQFVH5E92 | Long             | DBT              | CORP              | CO        |     400000 | PA      | $355364.00     | 0.00%             | 2027-07-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THAIOIL TRSRY CENTER                                                             | Thaioil Treasury Center Co Ltd                                                   | CUSIP: 88323AAG7<br>LEI: 549300NH03B9E8VGJR89 | Long             | DBT              | CORP              | TH        |    1200000 | PA      | $977280.00     | 0.00%             | 2030-06-18      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397ZJ5<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     310000 | PA      | $300975.90     | 0.00%             | 2025-06-09      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| REGIONS BANK                                                                     | Regions Bank/Birmingham AL                                                       | CUSIP: 75913MAA7<br>LEI: EQTWLK1G7ODGC2MGLV11 | Long             | DBT              | CORP              | US        |     390000 | PA      | $421067.40     | 0.00%             | 2037-06-26      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Brown-Forman Corp                                                                | Brown-Forman Corp                                                                | CUSIP: 115637AT7<br>LEI: 549300873K3LXF7ARU34 | Long             | DBT              | CORP              | US        |     196000 | PA      | $181321.56     | 0.00%             | 2038-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133BG4A3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1162453 | PA      | $1150486.56    | 0.01%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                         | CUSIP: 44106MAT9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     285000 | PA      | $258019.05     | 0.00%             | 2025-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F012627<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   10325000 | PA      | $8245480.47    | 0.04%             | 2053-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023BS3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     509000 | PA      | $364418.55     | 0.00%             | 2046-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| INDIAN RAILWAY FINANCE                                                           | Indian Railway Finance Corp Ltd                                                  | CUSIP: 45434M2A9<br>LEI: 335800F2JHSOGXQEBY56 | Long             | DBT              | CORP              | IN        |     600000 | PA      | $528840.00     | 0.00%             | 2030-02-13      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                                                                 | Puget Energy Inc                                                                 | CUSIP: 745310AK8<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |     164000 | PA      | $151865.64     | 0.00%             | 2030-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| BAIDU INC                                                                        | Baidu Inc                                                                        | CUSIP: 056752AV0<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |     892000 | PA      | $784246.40     | 0.00%             | 2027-02-23      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XG3S6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3583621 | PA      | $3260071.66    | 0.02%             | 2037-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LENNOX INTERNATIONAL INC                                                         | Lennox International Inc                                                         | CUSIP: 526107AE7<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | DBT              | CORP              | US        |     808000 | PA      | $738180.72     | 0.00%             | 2025-08-01      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GBH4<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    1574000 | PA      | $1531077.02    | 0.01%             | 2025-03-19      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGV61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1820598 | PA      | $1659871.04    | 0.01%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Kinross Gold Corp                                                                | Kinross Gold Corp                                                                | CUSIP: 496902AN7<br>LEI: 549300UEBMAQDN0K0R06 | Long             | DBT              | CORP              | CA        |     380000 | PA      | $381668.20     | 0.00%             | 2024-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280BX6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1113000 | PA      | $1083750.36    | 0.01%             | 2026-09-12      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| PPG INDUSTRIES INC                                                               | PPG Industries Inc                                                               | CUSIP: 693506BQ9<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |     392000 | PA      | $378354.48     | 0.00%             | 2024-08-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DE7<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     995000 | PA      | $804467.45     | 0.00%             | 2031-03-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                   | Air Lease Corp                                                                   | CUSIP: 00912XAN4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    1029000 | PA      | $1013194.56    | 0.00%             | 2024-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                              | CUSIP: 49446RAY5<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     235000 | PA      | $189104.50     | 0.00%             | 2031-12-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DAR0<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     985000 | PA      | $920521.90     | 0.00%             | 2028-03-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                         | CUSIP: 21871XAA7<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     300000 | PA      | $290037.00     | 0.00%             | 2025-04-04      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                            | CUSIP: 69371RS31<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     400000 | PA      | $405428.00     | 0.00%             | 2028-01-10      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286BB2<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1138000 | PA      | $1371403.80    | 0.01%             | 2031-01-14      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                                         | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     365000 | PA      | $310574.85     | 0.00%             | 2040-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                                              | SVB Financial Group                                                              | CUSIP: 78486QAE1<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |     576000 | PA      | $496512.00     | 0.00%             | 2030-06-05      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HK                                                              | Bangkok Bank PCL/Hong Kong                                                       | CUSIP: 059895AH5<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |     400000 | PA      | $454380.00     | 0.00%             | 2029-03-15      | Fixed         | 9.03%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJG5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1357000 | PA      | $1266406.68    | 0.01%             | 2025-09-25      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                                                  | Nissan Motor Co Ltd                                                              | CUSIP: 654744AC5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    1545000 | PA      | $1453149.75    | 0.01%             | 2027-09-17      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| COBRA ACQUISITIONCO LLC                                                          | Cobra AcquisitionCo LLC                                                          | CUSIP: 19106CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     321000 | PA      | $195713.70     | 0.00%             | 2029-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                              | CUSIP: 316773DA5<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     762000 | PA      | $703562.22     | 0.00%             | 2027-05-05      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YBF1<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     740000 | PA      | $533828.60     | 0.00%             | 2051-12-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                                                          | Office Properties Income Trust                                                   | CUSIP: 81618TAC4<br>LEI: N/A                  | Long             | DBT              |  | US        |     580000 | PA      | $539400.00     | 0.00%             | 2025-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DP9<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     938000 | PA      | $890734.18     | 0.00%             | 2027-05-03      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582AT9<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     805000 | PA      | $693781.20     | 0.00%             | 2042-08-21      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAF4<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     160000 | PA      | $132668.80     | 0.00%             | 2045-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GE CAPITAL FUNDING LLC                                                           | GE Capital Funding LLC                                                           | CUSIP: 36166NAK9<br>LEI: 549300XAGH9TOLX5XM67 | Long             | DBT              | CORP              | US        |     535000 | PA      | $529409.25     | 0.00%             | 2032-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                      | Equifax Inc                                                                      | CUSIP: 294429AS4<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |     578000 | PA      | $507258.58     | 0.00%             | 2030-05-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XCX2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     898000 | PA      | $847352.80     | 0.00%             | 2025-06-20      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FORTUNE STAR BVI LTD                                                             | Fortune Star BVI Ltd                                                             | CUSIP: 000000000<br>LEI: 2549008CU8NYQQRSNU62 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $881020.00     | 0.00%             | 2025-10-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BAIDU INC                                                                        | Baidu Inc                                                                        | CUSIP: 056752AQ1<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |    1025000 | PA      | $977040.25     | 0.00%             | 2025-04-07      | Fixed         | 3.08%                 | No            |                  2 | On Loan: —       |
| Republic of Colombia                                                             | Colombia Government International Bond                                           | CUSIP: 195325BD6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     250000 | PA      | $258505.00     | 0.00%             | 2024-05-21      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| SM ENERGY CO                                                                     | SM Energy Co                                                                     | CUSIP: 78454LAW0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     265000 | PA      | $253477.80     | 0.00%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAQ4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     435000 | PA      | $361976.55     | 0.00%             | 2050-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                                                                | GXO Logistics Inc                                                                | CUSIP: 36262GAD3<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |     450000 | PA      | $352570.50     | 0.00%             | 2031-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | Expedia Group Inc                                                                | CUSIP: 30212PBH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     310000 | PA      | $261078.90     | 0.00%             | 2031-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: —       |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    1158000 | PA      | $1121059.80    | 0.01%             | 2026-04-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                      | CUSIP: 29446MAF9<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     940000 | PA      | $872893.40     | 0.00%             | 2030-04-06      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN                                                         | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAC3<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |     250000 | PA      | $227910.00     | 0.00%             | 2030-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBR6<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     470000 | PA      | $435158.90     | 0.00%             | 2026-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                | CUSIP: 867224AB3<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |     461000 | PA      | $386359.49     | 0.00%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CS8<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     203000 | PA      | $157211.32     | 0.00%             | 2050-03-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 168863DL9<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    1650000 | PA      | $1250172.00    | 0.01%             | 2050-01-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BP6<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     175000 | PA      | $146746.25     | 0.00%             | 2031-12-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ACX1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     405000 | PA      | $424982.70     | 0.00%             | 2062-09-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CURO GROUP HOLDINGS CORP                                                         | Curo Group Holdings Corp                                                         | CUSIP: 23131LAC1<br>LEI: 54930007KH8KCGJ4YE72 | Long             | DBT              | CORP              | US        |     745000 | PA      | $338043.75     | 0.00%             | 2028-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                                                               | Grupo Televisa SAB                                                               | CUSIP: 40049JBA4<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |    1001000 | PA      | $914003.09     | 0.00%             | 2045-05-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                                            | Continental Resources Inc/OK                                                     | CUSIP: 212015AN1<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    1010000 | PA      | $990527.20     | 0.00%             | 2024-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| EVERGY MISSOURI WEST INC                                                         | Evergy Missouri West Inc                                                         | CUSIP: 30037FAA8<br>LEI: EZIFUDC0VSUS6T6LCG85 | Long             | DBT              | CORP              | US        |     545000 | PA      | $554003.40     | 0.00%             | 2027-12-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                            | CUSIP: 69371RR81<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     125000 | PA      | $122661.25     | 0.00%             | 2024-06-13      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE                           | CUSIP: 254845JZ4<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |     100000 | PA      | $95172.90      | 0.00%             | 2114-10-01      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                                                           | AngloGold Ashanti Holdings PLC                                                   | CUSIP: 03512TAE1<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |     486000 | PA      | $430445.34     | 0.00%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JR8<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     490000 | PA      | $438447.10     | 0.00%             | 2029-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| SURA ASSET MANAGEMENT                                                            | SURA Asset Management SA                                                         | CUSIP: 000000000<br>LEI: 549300013ETMS1C0EA22 | Long             | DBT              | CORP              | CO        |     400000 | PA      | $381660.00     | 0.00%             | 2027-04-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                                                  | Sealed Air Corp                                                                  | CUSIP: 000000000<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     225000 | PA      | $227097.00     | 0.00%             | 2028-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp              | CUSIP: 87612BBL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     360000 | PA      | $368110.80     | 0.00%             | 2027-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WBM1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    2313000 | PA      | $2198344.59    | 0.01%             | 2048-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                   | CUSIP: 589331AS6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     375000 | PA      | $327427.50     | 0.00%             | 2042-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                                                    | Aircastle Ltd                                                                    | CUSIP: 00928QAS0<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |     474000 | PA      | $456945.48     | 0.00%             | 2026-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FIN I UK PLC                                                          | Brookfield Finance I UK Plc / Brookfield Finance Inc                             | CUSIP: 11272BAA1<br>LEI: 213800JCKNPJE9FDCJ76 | Long             | DBT              | CORP              | GB        |     195000 | PA      | $157339.65     | 0.00%             | 2032-01-30      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                                                               | Regal Rexnord Corp                                                               | CUSIP: 758750AE3<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |      95000 | PA      | $96723.30      | 0.00%             | 2030-02-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBP5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     761000 | PA      | $746571.44     | 0.00%             | 2035-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QCK0<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     690000 | PA      | $718352.10     | 0.00%             | 2032-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAL6<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |       9000 | PA      | $8798.58       | 0.00%             | 2025-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                                           | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BK6<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     310000 | PA      | $265710.30     | 0.00%             | 2033-04-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAE1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     267000 | PA      | $259753.62     | 0.00%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                        | CUSIP: 95709TAQ3<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |     354000 | PA      | $266600.94     | 0.00%             | 2049-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 683234DB1<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     125000 | PA      | $120668.75     | 0.00%             | 2027-05-19      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| American Express Co                                                              | American Express Co                                                              | CUSIP: 025816BK4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     385000 | PA      | $377989.15     | 0.00%             | 2024-12-05      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| VANKE REAL ESTATE HK                                                             | Vanke Real Estate Hong Kong Co Ltd                                               | CUSIP: 000000000<br>LEI: 25490078APAXS5NZGF08 | Long             | DBT              | CORP              | HK        |     800000 | PA      | $734064.00     | 0.00%             | 2027-11-09      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJF7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1532000 | PA      | $1238775.20    | 0.01%             | 2031-07-23      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL INDU                                                         | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    1054000 | PA      | $979545.44     | 0.00%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AUTODESK INC                                                                     | Autodesk Inc                                                                     | CUSIP: 052769AG1<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |     702000 | PA      | $621691.20     | 0.00%             | 2030-01-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   57000000 | PA      | $50698828.41   | 0.24%             | 2028-03-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XFJ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5767712 | PA      | $5806084.30    | 0.03%             | 2052-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAZ9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    1035000 | PA      | $968346.00     | 0.00%             | 2049-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    1250000 | PA      | $1094437.50    | 0.01%             | 2047-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WDG5<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     746000 | PA      | $729714.82     | 0.00%             | 2024-04-10      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                                                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AT5<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    1191000 | PA      | $912472.74     | 0.00%             | 2050-04-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| MIDWEST CONNECTOR CAPIT                                                          | Midwest Connector Capital Co LLC                                                 | CUSIP: 59833CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     338000 | PA      | $330144.88     | 0.00%             | 2024-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RAY4<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     695000 | PA      | $753936.00     | 0.00%             | 2041-02-06      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20180000 | PA      | $19073253.13   | 0.09%             | 2042-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FA0<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     409000 | PA      | $454317.20     | 0.00%             | 2038-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q8LY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     407223 | PA      | $395695.93     | 0.00%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140LXDN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4001452 | PA      | $3641213.75    | 0.02%             | 2037-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAN4<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    1034000 | PA      | $865116.78     | 0.00%             | 2031-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PAP3<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     275000 | PA      | $274956.00     | 0.00%             | 2025-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DBJ7<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    1118000 | PA      | $984432.54     | 0.00%             | 2030-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448EU8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     500000 | PA      | $438700.00     | 0.00%             | 2050-03-19      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                                                             | Saudi Arabian Oil Co                                                             | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    2200000 | PA      | $1603382.00    | 0.01%             | 2050-11-24      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $155488.00     | 0.00%             | 2025-01-17      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CPI CG INC                                                                       | CPI CG Inc                                                                       | CUSIP: 12598FAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     246000 | PA      | $242787.24     | 0.00%             | 2026-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| AMIPEACE LTD                                                                     | Amipeace Ltd                                                                     | CUSIP: 000000000<br>LEI: 549300Z8IOSIIKWF5763 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $548148.00     | 0.00%             | 2025-10-22      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WXL7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8859588 | PA      | $8419012.03    | 0.04%             | 2052-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL ENTERTAINMENT                                                          | Universal Entertainment Corp                                                     | CUSIP: 91349WAB4<br>LEI: 353800BBJTHSMSQ31V91 | Long             | DBT              | CORP              | JP        |     500000 | PA      | $469320.00     | 0.00%             | 2024-12-11      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                                         | Equitable Financial Life Global Funding                                          | CUSIP: 29449W7M3<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |    1350000 | PA      | $1196208.00    | 0.01%             | 2026-07-12      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                                                     | Illumina Inc                                                                     | CUSIP: 452327AN9<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1019970.00    | 0.00%             | 2025-12-12      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| HUTAMA KARYA PERSERO PT                                                          | Hutama Karya Persero PT                                                          | CUSIP: 000000000<br>LEI: 2549009QN3GU8QCI7Q61 | Long             | DBT              | CORP              | ID        |     450000 | PA      | $415651.50     | 0.00%             | 2030-05-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| University of Virginia                                                           | UNIV OF VIRGINIA VA UNIV REVENUES                                                | CUSIP: 915217XF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1120000 | PA      | $732236.96     | 0.00%             | 2050-09-01      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US                                                           | Cushman & Wakefield US Borrower LLC                                              | CUSIP: 23166MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     598000 | PA      | $577656.04     | 0.00%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ANTARES HOLDINGS                                                                 | Antares Holdings LP                                                              | CUSIP: 03666HAC5<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |     500000 | PA      | $438740.00     | 0.00%             | 2026-07-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JX9<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |      75000 | PA      | $77371.50      | 0.00%             | 2033-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Cornerstone Chemical Co                                                          | Cornerstone Chemical Co                                                          | CUSIP: 21925AAE5<br>LEI: BL03B05TRUKQ14Y1HC46 | Long             | DBT              | CORP              | US        |     300000 | PA      | $239664.00     | 0.00%             | 2024-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 94974BGE4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1659000 | PA      | $1529763.90    | 0.01%             | 2044-11-04      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                                             | CUSIP: 717893U33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     115000 | PA      | $84632.87      | 0.00%             | 2045-07-01      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| XYLEM INC                                                                        | Xylem Inc/NY                                                                     | CUSIP: 98419MAJ9<br>LEI: 549300DF5MV96DRYLQ48 | Long             | DBT              | CORP              | US        |     375000 | PA      | $356602.50     | 0.00%             | 2026-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523BZ2<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     842000 | PA      | $839238.24     | 0.00%             | 2026-02-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VAK6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     845000 | PA      | $819835.90     | 0.00%             | 2027-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE 2019                                                             | Huarong Finance 2019 Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300M6T6OW4AGYHK10 | Long             | DBT              | CORP              | VG        |     700000 | PA      | $599921.00     | 0.00%             | 2029-05-29      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | Marvell Technology Inc                                                           | CUSIP: 573874AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     552000 | PA      | $467207.28     | 0.00%             | 2031-04-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CNOOC PETROLEUM NORTH                                                            | CNOOC Petroleum North America ULC                                                | CUSIP: 65334HAG7<br>LEI: 549300I04PB7X2824122 | Long             | DBT              | CORP              | CA        |     940000 | PA      | $1025107.60    | 0.00%             | 2037-05-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FU6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     720000 | PA      | $641059.20     | 0.00%             | 2049-03-01      | Fixed         | 3.99%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                                                               | Panama Government International Bond                                             | CUSIP: 698299BT0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1000000 | PA      | $1059920.00    | 0.01%             | 2035-02-14      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FS8<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     555000 | PA      | $536490.75     | 0.00%             | 2025-05-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LBJ7<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     650000 | PA      | $619645.00     | 0.00%             | 2024-11-21      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                   | CUSIP: 09261HAD9<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     865000 | PA      | $744090.30     | 0.00%             | 2026-12-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                                                               | Advance Auto Parts Inc                                                           | CUSIP: 00751YAG1<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     300000 | PA      | $255312.00     | 0.00%             | 2032-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NRW.BANK                                                                         | NRW Bank                                                                         | CUSIP: 000000000<br>LEI: 52990002O5KK6XOGJ020 | Long             | DBT              | CORP              | DE        |    2435000 | PA      | $2340522.00    | 0.01%             | 2024-07-31      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| GREAT-WEST LIFECO FIN 18                                                         | Great-West Lifeco Finance 2018 LP                                                | CUSIP: 39138QAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     430000 | PA      | $382923.60     | 0.00%             | 2048-05-17      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| CANADA GOVERNMENT                                                                | Canada Government International Bond                                             | CUSIP: 135087K78<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    4968000 | PA      | $4726902.96    | 0.02%             | 2025-01-22      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| ONE Gas Inc                                                                      | ONE Gas Inc                                                                      | CUSIP: 68235PAF5<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |     285000 | PA      | $268005.45     | 0.00%             | 2044-02-01      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| M&G PLC                                                                          | M&G PLC                                                                          | CUSIP: 000000000<br>LEI: 254900TWUJUQ44TQJY84 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $202478.00     | 0.00%             | 2048-10-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| State of Louisiana Gasoline & Fuels Tax Revenue                                  | LOUISIANA ST GAS & FUELS TAX REVENUE                                             | CUSIP: 546475VT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     195000 | PA      | $153678.14     | 0.00%             | 2041-05-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| JOHNS HOPKINS HEALTH SYS                                                         | Johns Hopkins Health System Corp/The                                             | CUSIP: 478111AC1<br>LEI: 549300D81FCFUS7TQR04 | Long             | DBT              | CORP              | US        |     201000 | PA      | $173635.86     | 0.00%             | 2046-05-15      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BK4<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     316000 | PA      | $314691.76     | 0.00%             | 2036-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                                                                 | Black Hills Corp                                                                 | CUSIP: 092113AR0<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |     397000 | PA      | $348621.58     | 0.00%             | 2029-10-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Clearwater Paper Corp                                                            | Clearwater Paper Corp                                                            | CUSIP: 18538RAH6<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |     227000 | PA      | $221658.69     | 0.00%             | 2025-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| Transocean Guardian Ltd                                                          | Transocean Guardian Ltd                                                          | CUSIP: 893800AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     289911 | PA      | $294004.40     | 0.00%             | 2024-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBZ8<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     468000 | PA      | $402283.44     | 0.00%             | 2049-05-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| GREYSTAR REAL ESTATE PAR                                                         | Greystar Real Estate Partners LLC                                                | CUSIP: 39807UAB2<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |     345000 | PA      | $340711.65     | 0.00%             | 2025-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BR4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    2692000 | PA      | $2539686.64    | 0.01%             | 2026-08-08      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CDP Financial Inc                                                                | CDP Financial Inc                                                                | CUSIP: 125094AQ5<br>LEI: 549300OXMGVYFCBFV096 | Long             | DBT              | NUSS              | CA        |     415000 | PA      | $405787.00     | 0.00%             | 2024-07-24      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EK9<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     695000 | PA      | $692150.50     | 0.00%             | 2025-09-08      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BANCO NACIONAL COM EXT                                                           | Banco Nacional de Comercio Exterior SNC/Cayman Islands                           | CUSIP: 000000000<br>LEI: 4469000001BL6VG3DH44 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $584874.00     | 0.00%             | 2025-10-14      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                                               | Province of Quebec Canada                                                        | CUSIP: 748148SB0<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    1555000 | PA      | $1301923.75    | 0.01%             | 2030-05-28      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| SAUDI TELECOM CO                                                                 | Saudi Telecom Co                                                                 | CUSIP: 000000000<br>LEI: 21380028ATJ79OTA9W17 | Long             | DBT              | CORP              | SA        |     800000 | PA      | $778424.00     | 0.00%             | 2029-05-13      | Fixed         | 3.89%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                | CUSIP: 37045VAF7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     870000 | PA      | $866737.50     | 0.00%             | 2043-10-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                                                 | Carlisle Cos Inc                                                                 | CUSIP: 142339AJ9<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |     434000 | PA      | $375019.40     | 0.00%             | 2030-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                                                          | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     760000 | PA      | $725237.60     | 0.00%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CAMELOT FINANCE SA                                                               | Camelot Finance SA                                                               | CUSIP: 13323AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     425000 | PA      | $404336.50     | 0.00%             | 2026-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AY1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     595000 | PA      | $572657.75     | 0.00%             | 2024-11-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| WESTERN GLOBAL AIRLINES                                                          | Western Global Airlines LLC                                                      | CUSIP: 958278AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     290000 | PA      | $202939.10     | 0.00%             | 2025-08-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: —       |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBP5<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     278000 | PA      | $201880.82     | 0.00%             | 2050-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET                                                         | Smyrna Ready Mix Concrete LLC                                                    | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |     725000 | PA      | $659953.00     | 0.00%             | 2028-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BE3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     815000 | PA      | $739522.85     | 0.00%             | 2039-03-07      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAW8<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     500000 | PA      | $475430.00     | 0.00%             | 2025-05-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DMT96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2390200 | PA      | $2097359.57    | 0.01%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WEIBO CORP                                                                       | Weibo Corp                                                                       | CUSIP: 948596AD3<br>LEI: 549300Q9ID4640FE0422 | Long             | DBT              | CORP              | KY        |    2372000 | PA      | $2300555.36    | 0.01%             | 2024-07-05      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JN4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    2388000 | PA      | $2075697.36    | 0.01%             | 2027-11-24      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| SABAL TRAIL TRANS                                                                | Sabal Trail Transmission LLC                                                     | CUSIP: 78516FAB5<br>LEI: 5493002DWITGSZFUI977 | Long             | DBT              | CORP              | US        |     495000 | PA      | $471477.60     | 0.00%             | 2038-05-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Coty Inc                                                                         | Coty Inc                                                                         | CUSIP: 222070AB0<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |     535000 | PA      | $527510.00     | 0.00%             | 2026-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                                                            | Tenet Healthcare Corp                                                            | CUSIP: 88033GCZ1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    1435000 | PA      | $1397359.95    | 0.01%             | 2026-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JH1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     971000 | PA      | $696876.99     | 0.00%             | 2040-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8AM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     329615 | PA      | $326250.22     | 0.00%             | 2045-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| QUEENS HEALTH SYSTEMS                                                            | Queen's Health Systems/The                                                       | CUSIP: 74825QAB6<br>LEI: 5493002Y81US5EEDOV69 | Long             | DBT              | CORP              | US        |     176000 | PA      | $174574.40     | 0.00%             | 2052-07-01      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EJ5<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     688000 | PA      | $566912.00     | 0.00%             | 2031-08-05      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400HP1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     395000 | PA      | $390263.95     | 0.00%             | 2025-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                                   | Morgan Stanley Capital I Trust 2019-H6                                           | CUSIP: 61769JBA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     880000 | PA      | $813771.85     | 0.00%             | 2052-06-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAD2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1300000 | PA      | $1070498.00    | 0.01%             | 2048-02-10      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDS2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     585000 | PA      | $484959.15     | 0.00%             | 2032-01-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550BF2<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     310000 | PA      | $329027.80     | 0.00%             | 2040-09-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ACV5<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     750000 | PA      | $764760.00     | 0.00%             | 2033-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MEDTRONIC INC                                                                    | Medtronic Inc                                                                    | CUSIP: 585055AY2<br>LEI: D56MRZY2INAN94ZONZ37 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4626.55       | 0.00%             | 2043-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                                                         | Huntington Ingalls Industries Inc                                                | CUSIP: 446413AS5<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |     740000 | PA      | $717348.60     | 0.00%             | 2025-05-01      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                                          | DCP Midstream Operating LP                                                       | CUSIP: 23311VAK3<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     255000 | PA      | $221171.70     | 0.00%             | 2032-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Republic of El Salvador                                                          | El Salvador Government International Bond                                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     350000 | PA      | $180698.00     | 0.00%             | 2032-04-10      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QBK5<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     538000 | PA      | $522360.34     | 0.00%             | 2027-04-06      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJQ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1889000 | PA      | $1705710.33    | 0.01%             | 2027-03-11      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LBE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     408000 | PA      | $335649.36     | 0.00%             | 2050-02-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                                                   | Qatar Government International Bond                                              | CUSIP: 74727PAE1<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |     378000 | PA      | $511796.88     | 0.00%             | 2030-06-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: —       |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 124857AN3<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     625000 | PA      | $475106.25     | 0.00%             | 2045-01-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PACKAGING CORP OF AMERIC                                                         | Packaging Corp of America                                                        | CUSIP: 695156AT6<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |     644000 | PA      | $608650.84     | 0.00%             | 2027-12-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DAT6<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     854000 | PA      | $712142.06     | 0.00%             | 2047-09-20      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442UAG9<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |      45000 | PA      | $43596.90      | 0.00%             | 2028-09-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                            | CUSIP: 73358W4V3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     500000 | PA      | $492258.50     | 0.00%             | 2023-07-01      | Fixed         | 1.09%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967BL4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     989000 | PA      | $1084250.59    | 0.01%             | 2032-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442RAD3<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     280000 | PA      | $248771.60     | 0.00%             | 2044-12-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDR4<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     325000 | PA      | $291850.00     | 0.00%             | 2027-02-26      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| CREDICORP LTD                                                                    | Credicorp Ltd                                                                    | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | DBT              | CORP              | BM        |     400000 | PA      | $377128.00     | 0.00%             | 2025-06-17      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MAYO CLINIC                                                                      | Mayo Clinic                                                                      | CUSIP: 578454AF7<br>LEI: 5493001OHMD58DCY4635 | Long             | DBT              | CORP              | US        |     579000 | PA      | $412456.44     | 0.00%             | 2061-11-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 867914BS1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     925000 | PA      | $911976.00     | 0.00%             | 2025-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CH OVS GRAND OCE FINANCE                                                         | China Overseas Grand Oceans Finance IV Cayman Ltd                                | CUSIP: 000000000<br>LEI: 3003005OKQY2HXXJXJ29 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $343424.00     | 0.00%             | 2026-02-09      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523CD0<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     830000 | PA      | $928778.30     | 0.00%             | 2041-11-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS                                                         | FactSet Research Systems Inc                                                     | CUSIP: 303075AA3<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | DBT              | CORP              | US        |     440000 | PA      | $411153.60     | 0.00%             | 2027-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| BorgWarner Inc                                                                   | BorgWarner Inc                                                                   | CUSIP: 099724AJ5<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |     270000 | PA      | $261106.20     | 0.00%             | 2025-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7UL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      55328 | PA      | $52538.60      | 0.00%             | 2032-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Autodesk Inc                                                                     | Autodesk Inc                                                                     | CUSIP: 052769AD8<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |     275000 | PA      | $273317.00     | 0.00%             | 2025-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                                                       | Eaton Corp                                                                       | CUSIP: 278062AE4<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |     753000 | PA      | $684620.07     | 0.00%             | 2042-11-02      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WINNEBAGO INDUSTRIES                                                             | Winnebago Industries Inc                                                         | CUSIP: 974637AC4<br>LEI: 549300B7OYKYJLTE3G11 | Long             | DBT              | CORP              | US        |     220000 | PA      | $212099.80     | 0.00%             | 2028-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MILEAGE PLUS HLDINGS LLC                                                         | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd        | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     490500 | PA      | $495797.40     | 0.00%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                                                   | Sabre GLBL Inc                                                                   | CUSIP: 78573NAC6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |     525000 | PA      | $536177.25     | 0.00%             | 2025-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TGY5<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     786000 | PA      | $738840.00     | 0.00%             | 2030-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 639057AG3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     800000 | PA      | $846296.00     | 0.00%             | 2026-11-10      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526CP2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     985000 | PA      | $875921.10     | 0.00%             | 2027-11-16      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| MAGELLAN MIDSTREAM PARTN                                                         | Magellan Midstream Partners LP                                                   | CUSIP: 559080AP1<br>LEI: MZF5TI8NFVZZNUSKDL39 | Long             | DBT              | CORP              | US        |     690000 | PA      | $548446.50     | 0.00%             | 2050-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Securities LLC                                      | BBCMS Mortgage Trust 2020-C7                                                     | CUSIP: 05492VAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3000000 | PA      | $2494353.27    | 0.01%             | 2053-04-15      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828D56<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   22200000 | PA      | $21507984.49   | 0.10%             | 2024-08-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967KJ9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1495000 | PA      | $1486000.10    | 0.01%             | 2026-03-09      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| HARSCO CORP                                                                      | Harsco Corp                                                                      | CUSIP: 415864AM9<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | DBT              | CORP              | US        |     325000 | PA      | $274859.00     | 0.00%             | 2027-07-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAP0<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     255000 | PA      | $215681.55     | 0.00%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRIUMPH GROUP INC                                                                | Triumph Group Inc                                                                | CUSIP: 896818AS0<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |     313000 | PA      | $318965.78     | 0.00%             | 2024-06-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 744320BF8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    1338000 | PA      | $1310611.14    | 0.01%             | 2048-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VAT7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    1269000 | PA      | $1211057.46    | 0.01%             | 2049-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Drax Finco PLC                                                                   | Drax Finco PLC                                                                   | CUSIP: 26151AAA7<br>LEI: 5493000MW6H7G7JFNQ88 | Long             | DBT              | CORP              | GB        |     350000 | PA      | $341649.00     | 0.00%             | 2025-11-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| BOC Aviation Ltd                                                                 | BOC Aviation Ltd                                                                 | CUSIP: 09681MAB4<br>LEI: 254900H06V5RMEB3KE72 | Long             | DBT              | CORP              | SG        |     650000 | PA      | $624455.00     | 0.00%             | 2026-04-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| SUN COMMUNITIES OPER LP                                                          | Sun Communities Operating LP                                                     | CUSIP: 866677AF4<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              |  | US        |     440000 | PA      | $379715.60     | 0.00%             | 2028-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XS6Q8<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      20800 | PA      | $21268.47      | 0.00%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                                           | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AK0<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |     625000 | PA      | $608175.00     | 0.00%             | 2025-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORINCHUKIN BANK                                                                 | Norinchukin Bank/The                                                             | CUSIP: 656029AK1<br>LEI: 5493007VSMFZCPV1NB83 | Long             | DBT              | CORP              | JP        |     900000 | PA      | $929907.00     | 0.00%             | 2032-09-14      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | Bausch Health Cos Inc                                                            | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     700000 | PA      | $306803.00     | 0.00%             | 2030-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBW5<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     440000 | PA      | $437782.40     | 0.00%             | 2027-07-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                                                            | Applied Materials Inc                                                            | CUSIP: 038222AL9<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |    1004000 | PA      | $971129.04     | 0.00%             | 2027-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XBC7<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $768920.00     | 0.00%             | 2051-04-22      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| NSTAR Electric Co                                                                | NSTAR Electric Co                                                                | CUSIP: 67021CAJ6<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     130000 | PA      | $121292.60     | 0.00%             | 2044-03-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                   | CUSIP: 427866BG2<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |      35000 | PA      | $24846.50      | 0.00%             | 2050-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526CJ6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     320000 | PA      | $302886.40     | 0.00%             | 2024-05-28      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                              | CUSIP: 210518DJ2<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     680000 | PA      | $414337.60     | 0.00%             | 2060-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GWQ3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1557000 | PA      | $1509262.38    | 0.01%             | 2025-09-29      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                                                           | Open Text Holdings Inc                                                           | CUSIP: 683720AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     453000 | PA      | $368225.58     | 0.00%             | 2031-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 084659AT8<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     845000 | PA      | $834826.20     | 0.00%             | 2025-04-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Israel Electric Corp Ltd                                                         | Israel Electric Corp Ltd                                                         | CUSIP: 000000000<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |     800000 | PA      | $768544.00     | 0.00%             | 2028-08-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                                                                | Chile Government International Bond                                              | CUSIP: 168863BP2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     150000 | PA      | $120750.00     | 0.00%             | 2042-10-30      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $755168.75     | 0.00%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WP93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   44752782 | PA      | $38821821.14   | 0.19%             | 2051-10-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140F0JX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     186763 | PA      | $177373.61     | 0.00%             | 2031-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 59022CAB9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     470000 | PA      | $494111.00     | 0.00%             | 2026-09-15      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CGD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2382917 | PA      | $2214159.79    | 0.01%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAH9<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |    1800000 | PA      | $1784538.00    | 0.01%             | 2027-03-29      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNIV SOUTHERN CALIFORIA                                                          | University of Southern California                                                | CUSIP: 914886AA4<br>LEI: 0GMCSQ6M60R4T46U5511 | Long             | DBT              | CORP              | US        |     225000 | PA      | $233860.50     | 0.00%             | 2111-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418C4W1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     241367 | PA      | $236767.92     | 0.00%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J5DM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     335692 | PA      | $318815.94     | 0.00%             | 2032-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QQPZ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4085813 | PA      | $4117842.41    | 0.02%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NYU LANGONE HOSPITALS                                                            | NYU Langone Hospitals                                                            | CUSIP: 62954RAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      25000 | PA      | $18266.50      | 0.00%             | 2055-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CY3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1483000 | PA      | $1220138.25    | 0.01%             | 2032-11-22      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QAT7<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     786000 | PA      | $755849.04     | 0.00%             | 2026-05-04      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Truist Bank                                                                      | Truist Bank                                                                      | CUSIP: 07330MAC1<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     655000 | PA      | $617717.40     | 0.00%             | 2029-09-17      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 94973VBB2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     685000 | PA      | $657531.50     | 0.00%             | 2043-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                               | CUSIP: 25243YBD0<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |    1208000 | PA      | $1030883.04    | 0.00%             | 2030-04-29      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                                                      | Truist Bank                                                                      | CUSIP: 89788KAA4<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     772000 | PA      | $649568.52     | 0.00%             | 2030-03-11      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EVTJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     172075 | PA      | $168968.49     | 0.00%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Peru LNG Srl                                                                     | Peru LNG Srl                                                                     | CUSIP: 000000000<br>LEI: 254900F70J1LOALV5K70 | Long             | DBT              | CORP              | PE        |     600000 | PA      | $497532.00     | 0.00%             | 2030-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AU3<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     750000 | PA      | $685267.50     | 0.00%             | 2049-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AXIS SPECIALTY FINANCE                                                           | AXIS Specialty Finance LLC                                                       | CUSIP: 05463HAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     356000 | PA      | $331881.00     | 0.00%             | 2029-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    3110000 | PA      | $2844810.30    | 0.01%             | 2047-10-04      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAM8<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     218000 | PA      | $191550.06     | 0.00%             | 2031-03-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co LLC                                                          | AEP Transmission Co LLC                                                          | CUSIP: 00115AAH2<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     407000 | PA      | $342575.97     | 0.00%             | 2047-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CSCEC FINANCE CAYMAN II                                                          | CSCEC Finance Cayman II Ltd                                                      | CUSIP: 000000000<br>LEI: 875500KAF75J5845AA17 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $190146.00     | 0.00%             | 2027-07-05      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132A5H81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2739992 | PA      | $2616839.01    | 0.01%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                                                            | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     795000 | PA      | $685409.25     | 0.00%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PACKAGING CORP OF AMERIC                                                         | Packaging Corp of America                                                        | CUSIP: 695156AU3<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |     388000 | PA      | $343802.92     | 0.00%             | 2029-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DR8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     815000 | PA      | $668952.00     | 0.00%             | 2031-09-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PCR1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    1004000 | PA      | $1008126.44    | 0.00%             | 2045-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | Tenet Healthcare Corp                                                            | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     945000 | PA      | $909675.90     | 0.00%             | 2027-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Pine Street Trust II                                                             | Pine Street Trust II                                                             | CUSIP: 72284LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1085000 | PA      | $999979.40     | 0.00%             | 2049-02-15      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFP4<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     862000 | PA      | $833666.06     | 0.00%             | 2027-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NTPC Ltd                                                                         | NTPC Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800Q4TRGJXNLVMB81 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $387980.00     | 0.00%             | 2028-03-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                         | CUSIP: 92826CAQ5<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    1255000 | PA      | $796824.60     | 0.00%             | 2050-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AC2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    3118000 | PA      | $2783594.50    | 0.01%             | 2027-01-30      | Fixed         | 1.36%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                            | Lincoln National Corp                                                            | CUSIP: 534187BH1<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     313000 | PA      | $298113.72     | 0.00%             | 2028-03-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CHINA CINDA 2020 I MNGMN                                                         | China Cinda 2020 I Management Ltd                                                | CUSIP: 000000000<br>LEI: 549300ZIBIB6Z9RSNU64 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $542868.00     | 0.00%             | 2026-01-20      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LBB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     283000 | PA      | $256632.89     | 0.00%             | 2047-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607H6M9<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |     400000 | PA      | $393456.00     | 0.00%             | 2025-08-04      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828YM6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   14400000 | PA      | $13716562.46   | 0.07%             | 2024-10-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                           | Cox Communications Inc                                                           | CUSIP: 224044CE5<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     376000 | PA      | $366224.00     | 0.00%             | 2025-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ACU PETROLEO LUXEMBOURG                                                          | Acu Petroleo Luxembourg Sarl                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     496940 | PA      | $467401.86     | 0.00%             | 2032-01-13      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   28460000 | PA      | $27317153.13   | 0.13%             | 2029-04-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                         | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBD1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     414000 | PA      | $391461.84     | 0.00%             | 2027-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| RAYONIER AM PROD INC                                                             | Rayonier AM Products Inc                                                         | CUSIP: 75508EAA6<br>LEI: 549300ZGRDDK1QM6MM16 | Long             | DBT              | CORP              | US        |     845000 | PA      | $841036.95     | 0.00%             | 2024-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| HOST HOTELS & RESORTS LP                                                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAZ9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |     717000 | PA      | $615042.60     | 0.00%             | 2030-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                     | CUSIP: 02079KAF4<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    2125000 | PA      | $1359192.50    | 0.01%             | 2050-08-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                           | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1400000 | PA      | $1438850.00    | 0.01%             | 2029-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEWMARKET CORP                                                                   | NewMarket Corp                                                                   | CUSIP: 651587AG2<br>LEI: 54930082CG88ERDREQ47 | Long             | DBT              | CORP              | US        |     380000 | PA      | $314526.00     | 0.00%             | 2031-03-18      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAW1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     820000 | PA      | $750078.60     | 0.00%             | 2045-04-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162BA7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     296000 | PA      | $328124.88     | 0.00%             | 2039-02-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523AJ9<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    1120000 | PA      | $1096771.20    | 0.01%             | 2038-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                                         | Univision Communications Inc                                                     | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     835000 | PA      | $718275.35     | 0.00%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                           | CUSIP: 776743AN6<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     450000 | PA      | $390793.50     | 0.00%             | 2027-09-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140JAND6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      77300 | PA      | $75904.56      | 0.00%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLP PTE LTD                                                                      | GLP Pte Ltd                                                                      | CUSIP: 000000000<br>LEI: 254900PC2NNG9BLIJO15 | Long             | DBT              | CORP              | SG        |     600000 | PA      | $531606.00     | 0.00%             | 2025-06-04      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023BH7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     241000 | PA      | $232613.20     | 0.00%             | 2024-10-30      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Smithfield Foods Inc                                                             | Smithfield Foods Inc                                                             | CUSIP: 832248BB3<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |     849000 | PA      | $792821.67     | 0.00%             | 2029-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 780099CH8<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     100000 | PA      | $100184.00     | 0.00%             | 2024-05-28      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK                                                                     | Kookmin Bank                                                                     | CUSIP: 50050HAP1<br>LEI: 549300XXMOJSIW8P4769 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $357544.00     | 0.00%             | 2026-05-06      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCS2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     880000 | PA      | $868014.40     | 0.00%             | 2028-05-10      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| JSW STEEL LTD                                                                    | JSW Steel Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800EK6HZSC4CVAJ09 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $396236.00     | 0.00%             | 2024-04-18      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| JOHN SEVIER COMB CYCLE                                                           | John Sevier Combined Cycle Generation LLC                                        | CUSIP: 478045AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      23862 | PA      | $23507.02      | 0.00%             | 2042-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN TRANSMISSION SY                                                         | American Transmission Systems Inc                                                | CUSIP: 030288AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     490000 | PA      | $477451.10     | 0.00%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                                                         | British Telecommunications PLC                                                   | CUSIP: 11102AAG6<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |     332000 | PA      | $272963.76     | 0.00%             | 2081-11-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| REINSURANCE GRP OF AMER                                                          | Reinsurance Group of America Inc                                                 | CUSIP: 759351AP4<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |     568000 | PA      | $502594.80     | 0.00%             | 2030-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                                                            | Healthpeak Properties Inc                                                        | CUSIP: 40414LAQ2<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     629000 | PA      | $600575.49     | 0.00%             | 2026-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172BM0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     827000 | PA      | $805977.66     | 0.00%             | 2024-11-10      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAR1<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     707000 | PA      | $594876.87     | 0.00%             | 2031-03-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WDW8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     460000 | PA      | $409754.20     | 0.00%             | 2028-03-24      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550AV8<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |      95000 | PA      | $100916.60     | 0.00%             | 2037-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA GAS TRANSMISSION                                                         | Florida Gas Transmission Co LLC                                                  | CUSIP: 340711AY6<br>LEI: 549300Q0UQF87NXNOC32 | Long             | DBT              | CORP              | US        |     620000 | PA      | $526727.20     | 0.00%             | 2030-07-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| HUAFA 2020 I CO LTD                                                              | Huafa 2020 I Co Ltd                                                              | CUSIP: 000000000<br>LEI: 254900PNFY338PBGRN69 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $170052.00     | 0.00%             | 2025-11-04      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Federal Home Loan Mortgage Corp                                                  | CUSIP: 3134A4KX1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    2355000 | PA      | $2823597.90    | 0.01%             | 2032-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                                                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HX1<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    2550650 | PA      | $869338.04     | 0.00%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: —       |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BQ8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1530000 | PA      | $1410507.00    | 0.01%             | 2025-06-03      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| CARLYLE HOLDINGS II FIN                                                          | Carlyle Holdings II Finance LLC                                                  | CUSIP: 14310FAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       5000 | PA      | $4785.55       | 0.00%             | 2043-03-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CC1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    2028000 | PA      | $1868355.84    | 0.01%             | 2030-05-22      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| PGT INNOVATIONS INC                                                              | PGT Innovations Inc                                                              | CUSIP: 69336VAB7<br>LEI: 549300LRW9WM59C1S579 | Long             | DBT              | CORP              | US        |     420000 | PA      | $362342.40     | 0.00%             | 2029-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HHX1<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     942000 | PA      | $912242.22     | 0.00%             | 2024-07-30      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAM5<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | DBT              | CORP              | US        |      85000 | PA      | $96475.00      | 0.00%             | 2039-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                                        | CUSIP: 626207YS7<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |      25000 | PA      | $27057.25      | 0.00%             | 2057-04-01      | Fixed         | 7.06%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA                                                         | Weatherford International Ltd                                                    | CUSIP: 947075AT4<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |     300000 | PA      | $298545.00     | 0.00%             | 2028-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335B7C4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     212649 | PA      | $210369.77     | 0.00%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q8WM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     250474 | PA      | $245701.81     | 0.00%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KBM1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    1002000 | PA      | $889926.30     | 0.00%             | 2029-11-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAF1<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     280000 | PA      | $248696.00     | 0.00%             | 2048-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT                                                            | Costa Rica Government International Bond                                         | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     800000 | PA      | $788304.00     | 0.00%             | 2031-02-19      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                            | CUSIP: 595112BV4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     500000 | PA      | $532325.00     | 0.00%             | 2029-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                             | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     668000 | PA      | $566464.00     | 0.00%             | 2031-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123CK5<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     680000 | PA      | $570091.60     | 0.00%             | 2031-03-12      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YBJ9<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    1148000 | PA      | $1004855.88    | 0.00%             | 2029-08-26      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Government of Jamaica                                                            | Jamaica Government International Bond                                            | CUSIP: 470160CA8<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |     950000 | PA      | $1018257.50    | 0.00%             | 2028-04-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| US Bancorp                                                                       | US Bancorp                                                                       | CUSIP: 91159HHS2<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     764000 | PA      | $753372.76     | 0.00%             | 2028-04-26      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBM7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $950124.00     | 0.00%             | 2041-04-22      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| MALLINCKRODT FIN/SB                                                              | Mallinckrodt International Finance SA / Mallinckrodt CB LLC                      | CUSIP: 561233AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     200000 | PA      | $136782.00     | 0.00%             | 2025-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CG4<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     215000 | PA      | $180157.10     | 0.00%             | 2042-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AS2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     850000 | PA      | $685440.00     | 0.00%             | 2051-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                                                        | ORIX Corp                                                                        | CUSIP: 686330AR2<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     270000 | PA      | $274506.30     | 0.00%             | 2032-09-13      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FY9<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     270000 | PA      | $264219.30     | 0.00%             | 2027-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                          | CUSIP: 404121AJ4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1225000 | PA      | $1245531.00    | 0.01%             | 2028-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDM1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     894000 | PA      | $883093.20     | 0.00%             | 2024-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2J2<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    2295000 | PA      | $2199528.00    | 0.01%             | 2025-11-19      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                         | Visa Inc                                                                         | CUSIP: 92826CAF9<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    2932000 | PA      | $2851311.36    | 0.01%             | 2045-12-14      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XBA5<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     100000 | PA      | $101224.00     | 0.00%             | 2052-10-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FX9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    1701000 | PA      | $1500401.07    | 0.01%             | 2031-01-13      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                                                          | Brighthouse Financial Global Funding                                             | CUSIP: 10921U2E7<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |     215000 | PA      | $182014.70     | 0.00%             | 2028-06-28      | Fixed         | 2.00%                 | No            |                  2 | On Loan: —       |
| Toyota Motor Credit Corp                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TEM3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     439000 | PA      | $413393.13     | 0.00%             | 2028-01-11      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448ER5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     420000 | PA      | $396807.60     | 0.00%             | 2027-03-19      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6AD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    9531430 | PA      | $8934605.59    | 0.04%             | 2036-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     965000 | PA      | $814788.10     | 0.00%             | 2078-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ELECTRONIC ARTS INC                                                              | Electronic Arts Inc                                                              | CUSIP: 285512AE9<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |     705000 | PA      | $575801.70     | 0.00%             | 2031-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| TPRO ACQUISITION CORP                                                            | TPro Acquisition Corp                                                            | CUSIP: 89238QAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     231000 | PA      | $225830.22     | 0.00%             | 2024-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBA3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1369000 | PA      | $1337581.45    | 0.01%             | 2027-01-29      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VZQ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   23847042 | PA      | $20759582.58   | 0.10%             | 2050-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                         | CUSIP: 298785HD1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    2450000 | PA      | $2319488.50    | 0.01%             | 2026-04-13      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GGU7<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     295000 | PA      | $238194.80     | 0.00%             | 2031-01-07      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                               | CUSIP: 78081BAM5<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    1015000 | PA      | $716458.05     | 0.00%             | 2050-09-02      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| GREAT-WEST LIFECO US FI                                                          | Great-West Lifeco US Finance 2020 LP                                             | CUSIP: 391399AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1753000 | PA      | $1576718.32    | 0.01%             | 2025-08-12      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| BANCO BTG PACTUAL/CAYMAN                                                         | Banco BTG Pactual SA/Cayman Islands                                              | CUSIP: 05971BAG4<br>LEI: 2549002JHJ73KGETOK78 | Long             | DBT              | CORP              | BR        |     200000 | PA      | $181732.00     | 0.00%             | 2026-01-11      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAQ5<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     505000 | PA      | $431285.15     | 0.00%             | 2028-09-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XBB9<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $638664.00     | 0.00%             | 2041-04-22      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| CUMMINS INC                                                                      | Cummins Inc                                                                      | CUSIP: 231021AT3<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |     953000 | PA      | $778991.73     | 0.00%             | 2030-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MED CARE III                                                           | Fresenius Medical Care US Finance III Inc                                        | CUSIP: 35805BAB4<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |     765000 | PA      | $583190.10     | 0.00%             | 2031-02-16      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828XB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   24900000 | PA      | $23837859.38   | 0.11%             | 2025-05-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Ovintiv Inc                                                                      | Ovintiv Inc                                                                      | CUSIP: 012873AK1<br>LEI: CZ72ZHBVKZXQRV3XFE26 | Long             | DBT              | CORP              | US        |     296000 | PA      | $329524.96     | 0.00%             | 2031-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BS0<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |     200000 | PA      | $180574.00     | 0.00%             | 2026-03-05      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167FG3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    2545000 | PA      | $2388991.50    | 0.01%             | 2024-10-08      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDK4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     754000 | PA      | $723364.98     | 0.00%             | 2027-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05583JAJ1<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     425000 | PA      | $336255.75     | 0.00%             | 2032-01-20      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| FORESTAR GROUP INC                                                               | Forestar Group Inc                                                               | CUSIP: 346232AF8<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |     235000 | PA      | $210646.95     | 0.00%             | 2026-05-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 949746TB7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     586000 | PA      | $666891.44     | 0.00%             | 2029-11-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                             | Westpac Banking Corp                                                             | CUSIP: 961214DK6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     494000 | PA      | $474393.14     | 0.00%             | 2027-03-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138EJX52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       2247 | PA      | $2281.52       | 0.00%             | 2042-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAH7<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |     500000 | PA      | $472365.00     | 0.00%             | 2029-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                                                            | Nippon Life Insurance Co                                                         | CUSIP: 654579AD3<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    1705000 | PA      | $1688205.75    | 0.01%             | 2044-10-16      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Republic of Sri Lanka                                                            | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |     800000 | PA      | $279568.00     | 0.00%             | 2026-07-18      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                                                         | Flex Ltd                                                                         | CUSIP: 33938XAB1<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |     438000 | PA      | $429336.36     | 0.00%             | 2030-05-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JW4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     875000 | PA      | $777857.50     | 0.00%             | 2028-04-20      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| GSK CONSUMER HEALTHCARE                                                          | GSK Consumer Healthcare Capital US LLC                                           | CUSIP: 36264FAK7<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |     680000 | PA      | $643694.80     | 0.00%             | 2027-03-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                                                | Eversource Energy                                                                | CUSIP: 30040WAE8<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     202000 | PA      | $191427.32     | 0.00%             | 2028-01-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HBH1<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     530000 | PA      | $546408.80     | 0.00%             | 2028-01-18      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140JAKG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5591910 | PA      | $5487232.82    | 0.03%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAU0<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | CORP              | ID        |     600000 | PA      | $600480.00     | 0.00%             | 2027-06-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833BX7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    2832000 | PA      | $2852277.12    | 0.01%             | 2046-02-23      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAT5<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     533000 | PA      | $518187.93     | 0.00%             | 2029-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                                                            | Encompass Health Corp                                                            | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     285000 | PA      | $251697.75     | 0.00%             | 2031-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ST ENGINEERING RHQ LTD                                                           | ST Engineering RHQ Ltd                                                           | CUSIP: 000000000<br>LEI: 25490014OV6DNV4XHI25 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $372612.00     | 0.00%             | 2025-04-29      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                              | CUSIP: 30161MAS2<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |     380000 | PA      | $366152.80     | 0.00%             | 2025-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VERITAS US INC/BERMUDA L                                                         | Veritas US Inc / Veritas Bermuda Ltd                                             | CUSIP: 92346LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1270000 | PA      | $837768.20     | 0.00%             | 2025-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PPG INDUSTRIES INC                                                               | PPG Industries Inc                                                               | CUSIP: 693506BR7<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |     190000 | PA      | $168562.30     | 0.00%             | 2029-08-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AON CORP                                                                         | Aon Corp                                                                         | CUSIP: 037389BE2<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |    1503000 | PA      | $1332875.43    | 0.01%             | 2030-05-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                                                         | Agree LP                                                                         | CUSIP: 008513AC7<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              |  | US        |      15000 | PA      | $12010.35      | 0.00%             | 2033-06-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                      | CUSIP: 29446MAD4<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    1723000 | PA      | $1665520.72    | 0.01%             | 2025-04-06      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SEMPRA GLOBAL                                                                    | Sempra Global                                                                    | CUSIP: 81685VAA1<br>LEI: 549300L0B3MD11PUAA07 | Long             | DBT              | CORP              | US        |     655000 | PA      | $546315.85     | 0.00%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                 | CUSIP: 78355HKN8<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     764000 | PA      | $733203.16     | 0.00%             | 2024-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 94973VBK2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     580000 | PA      | $548639.40     | 0.00%             | 2044-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CNX MIDSTREAM PART LP                                                            | CNX Midstream Partners LP                                                        | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     255000 | PA      | $215650.95     | 0.00%             | 2030-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NIKE Inc                                                                         | NIKE Inc                                                                         | CUSIP: 654106AF0<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |     795000 | PA      | $746600.40     | 0.00%             | 2026-11-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UDB2<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     802000 | PA      | $777763.56     | 0.00%             | 2024-08-15      | Variable      | 3.07%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                             | CUSIP: 87612GAA9<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     500000 | PA      | $452495.00     | 0.00%             | 2033-02-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDW9<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     558000 | PA      | $514297.44     | 0.00%             | 2026-01-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                                          | Hungary Government International Bond                                            | CUSIP: 445545AL0<br>LEI: 5299008DH62LEB10JK83 | Long             | DBT              | NUSS              | HU        |    1166000 | PA      | $1169894.44    | 0.01%             | 2024-03-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TEMASEK FINANCIAL I LTD                                                          | Temasek Financial I Ltd                                                          | CUSIP: 87973PAB0<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |     250000 | PA      | $276937.50     | 0.00%             | 2039-11-23      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CJ6<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     410000 | PA      | $340796.10     | 0.00%             | 2042-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                        | CUSIP: 039483BH4<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |     370000 | PA      | $334972.10     | 0.00%             | 2043-04-16      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | MICHIGAN ST UNIV REVENUES                                                        | CUSIP: 594712WY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     300000 | PA      | $245349.30     | 0.00%             | 2122-08-15      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                                                    | Nordstrom Inc                                                                    | CUSIP: 655664AT7<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     395000 | PA      | $317113.90     | 0.00%             | 2030-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MIRVAC GROUP FINANCE LTD                                                         | Mirvac Group Finance Ltd                                                         | CUSIP: 000000000<br>LEI: 549300IZVATGO3EBSH35 | Long             | DBT              | CORP              | AU        |     200000 | PA      | $188046.00     | 0.00%             | 2027-03-18      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                                                           | Southwestern Energy Co                                                           | CUSIP: 845467AT6<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     725000 | PA      | $639044.00     | 0.00%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                               | CUSIP: 032654AU9<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     445000 | PA      | $387132.20     | 0.00%             | 2028-10-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YBE8<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     300000 | PA      | $251328.00     | 0.00%             | 2031-05-25      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| QIIB Senior Sukuk Ltd                                                            | QIIB Senior Sukuk Ltd                                                            | CUSIP: 000000000<br>LEI: 549300A07UNNRZ2DVQ26 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $395640.00     | 0.00%             | 2024-03-05      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                                                  | Madison IAQ LLC                                                                  | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |     695000 | PA      | $558390.80     | 0.00%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CBK9<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     400000 | PA      | $422608.00     | 0.00%             | 2053-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                  | CUSIP: 842587DM6<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     300000 | PA      | $303339.00     | 0.00%             | 2025-10-06      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| HANOVER INSURANCE GROUP                                                          | Hanover Insurance Group Inc/The                                                  | CUSIP: 410867AF2<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | DBT              | CORP              | US        |      18000 | PA      | $17829.54      | 0.00%             | 2026-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                                                         | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |     800000 | PA      | $783192.00     | 0.00%             | 2025-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TREEHOUSE FOODS INC                                                              | TreeHouse Foods Inc                                                              | CUSIP: 89469AAD6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |     340000 | PA      | $287371.40     | 0.00%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448EM6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     403000 | PA      | $339616.16     | 0.00%             | 2049-07-29      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8GS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5198309 | PA      | $4737637.49    | 0.02%             | 2036-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBS4<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     580000 | PA      | $499832.40     | 0.00%             | 2028-03-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                                                               | Province of Quebec Canada                                                        | CUSIP: 748148PD9<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |     187000 | PA      | $191173.84     | 0.00%             | 2024-02-09      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                    | CUSIP: 233331AW7<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |     437000 | PA      | $420673.68     | 0.00%             | 2024-10-01      | Variable      | 2.53%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                      | CUSIP: 29446MAK8<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    1271000 | PA      | $1120272.11    | 0.01%             | 2030-05-22      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SQY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      20427 | PA      | $20864.93      | 0.00%             | 2046-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160BU7<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     700000 | PA      | $653527.00     | 0.00%             | 2036-03-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AutoNation Inc                                                                   | AutoNation Inc                                                                   | CUSIP: 05329WAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      90000 | PA      | $86958.90      | 0.00%             | 2024-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                         | CUSIP: 298785DV5<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    1365000 | PA      | $1511123.25    | 0.01%             | 2036-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTL 16 LTD                                                         | CK Hutchison International 16 Ltd                                                | CUSIP: 12563TAB6<br>LEI: 254900OULDVPV9SGEO05 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $186804.00     | 0.00%             | 2026-10-03      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                                                    | UBS AG/London                                                                    | CUSIP: 902674YB0<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |    1405000 | PA      | $1341817.15    | 0.01%             | 2024-02-09      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BY1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1460000 | PA      | $1287355.00    | 0.01%             | 2028-05-12      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ELECTRONIC ARTS INC                                                              | Electronic Arts Inc                                                              | CUSIP: 285512AF6<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |    1115000 | PA      | $782908.40     | 0.00%             | 2051-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375CK6<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |     778000 | PA      | $615794.78     | 0.00%             | 2046-08-02      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| POWER FINANCE CORP LTD                                                           | Power Finance Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $357260.00     | 0.00%             | 2029-09-16      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                               | CUSIP: 03740LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     260000 | PA      | $220719.20     | 0.00%             | 2031-12-02      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Duke Energy Indiana LLC                                                          | Duke Energy Indiana LLC                                                          | CUSIP: 263901AF7<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |     155000 | PA      | $154297.85     | 0.00%             | 2043-07-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| COCA-COLA ICECEK AS                                                              | Coca-Cola Icecek AS                                                              | CUSIP: 000000000<br>LEI: 789000WT80VVLUWJDK41 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $349644.00     | 0.00%             | 2029-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                                                            | Encompass Health Corp                                                            | CUSIP: 29261AAA8<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     504000 | PA      | $470584.80     | 0.00%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                              | CUSIP: 302635AJ6<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |     655000 | PA      | $607388.05     | 0.00%             | 2024-10-12      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GN7<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     690000 | PA      | $672253.20     | 0.00%             | 2025-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     465000 | PA      | $450027.00     | 0.00%             | 2025-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DIANJIAN HAIYU LTD                                                               | Dianjian Haiyu Ltd                                                               | CUSIP: 000000000<br>LEI: 30030053J86AJARAGD28 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $190856.00     | 0.00%             | 2025-09-29      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QBW20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7754596 | PA      | $7473409.30    | 0.04%             | 2034-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Republic of Paraguay                                                             | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     600000 | PA      | $599106.00     | 0.00%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JG3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    1590000 | PA      | $1284751.80    | 0.01%             | 2031-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687EH5<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     572000 | PA      | $675703.60     | 0.00%             | 2037-11-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   11000000 | PA      | $9995390.68    | 0.05%             | 2025-09-30      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CL6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     800000 | PA      | $800944.00     | 0.00%             | 2028-07-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| ENTEL CHILE SA                                                                   | Empresa Nacional de Telecomunicaciones SA                                        | CUSIP: 000000000<br>LEI: 529900N4SUIP0URJT330 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $323844.00     | 0.00%             | 2032-09-14      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                                                  | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    1100000 | PA      | $841434.00     | 0.00%             | 2030-02-23      | Fixed         | 7.14%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                           | CUSIP: 25278XAQ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     378000 | PA      | $312874.38     | 0.00%             | 2051-03-24      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER HLDGS CORP                                                          | Schlumberger Holdings Corp                                                       | CUSIP: 806851AG6<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |     832000 | PA      | $817215.36     | 0.00%             | 2025-12-21      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Entergy Arkansas LLC                                                             | Entergy Arkansas LLC                                                             | CUSIP: 29364DAS9<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |     150000 | PA      | $148096.50     | 0.00%             | 2024-06-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807CW5<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |     926000 | PA      | $890673.10     | 0.00%             | 2026-01-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                                            | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     516000 | PA      | $511552.08     | 0.00%             | 2025-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VAV5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     351000 | PA      | $365857.83     | 0.00%             | 2042-02-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286AY3<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1182000 | PA      | $1523077.92    | 0.01%             | 2030-02-02      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| RESORTS WORLD/RWLV CAP                                                           | Resorts World Las Vegas LLC / RWLV Capital Inc                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     800000 | PA      | $655112.00     | 0.00%             | 2029-04-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BU9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1140000 | PA      | $745286.40     | 0.00%             | 2060-06-03      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VES9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1175000 | PA      | $1131160.75    | 0.01%             | 2029-02-08      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAD6<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $585564.00     | 0.00%             | 2025-02-11      | Fixed         | 3.80%                 | No            |                  2 | On Loan: —       |
| HCA INC                                                                          | HCA Inc                                                                          | CUSIP: 404119CE7<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     125000 | PA      | $113148.75     | 0.00%             | 2029-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CG9<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     400000 | PA      | $399168.00     | 0.00%             | 2024-02-11      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC                                                                 | MDC Holdings Inc                                                                 | CUSIP: 552676AT5<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |     415000 | PA      | $354322.85     | 0.00%             | 2030-01-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Patterson-UTI Energy Inc                                                         | Patterson-UTI Energy Inc                                                         | CUSIP: 703481AB7<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |     450000 | PA      | $407520.00     | 0.00%             | 2028-02-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                                                        | iStar Inc                                                                        | CUSIP: 45031UCG4<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              |  | US        |     345000 | PA      | $342498.75     | 0.00%             | 2025-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PDF0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1850000 | PA      | $1812075.00    | 0.01%             | 2030-06-14      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER CO                                                             | Appalachian Power Co                                                             | CUSIP: 037735CY1<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     225000 | PA      | $179975.25     | 0.00%             | 2050-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31307ULW6<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      22894 | PA      | $22367.04      | 0.00%             | 2032-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ABC SUPPLY CO INC                                                                | American Builders & Contractors Supply Co Inc                                    | CUSIP: 024747AF4<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |     585000 | PA      | $534046.50     | 0.00%             | 2028-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                          | GA Global Funding Trust                                                          | CUSIP: 36143L2A2<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |     640000 | PA      | $578041.60     | 0.00%             | 2026-01-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| STANFORD UNIVERSITY                                                              | Leland Stanford Junior University/The                                            | CUSIP: 85440KAC8<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |     281000 | PA      | $248898.56     | 0.00%             | 2027-06-01      | Fixed         | 1.29%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142EN9<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     860000 | PA      | $823458.60     | 0.00%             | 2029-07-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    1295000 | PA      | $1151164.35    | 0.01%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL CINEMEDIA LLC                                                           | National CineMedia LLC                                                           | CUSIP: 63530QAJ8<br>LEI: 7LJEQIVQVLNGS4X6T547 | Long             | DBT              | CORP              | US        |     285000 | PA      | $73438.80      | 0.00%             | 2028-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| Simon Property Group LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807CY1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     485000 | PA      | $461254.40     | 0.00%             | 2026-11-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                                                      | Gartner Inc                                                                      | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |     571000 | PA      | $542889.67     | 0.00%             | 2028-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                    | CUSIP: 461070AS3<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |     365000 | PA      | $307859.25     | 0.00%             | 2030-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Precision Castparts Corp                                                         | Precision Castparts Corp                                                         | CUSIP: 740189AH8<br>LEI: 0XOOAY5P5J7Q734SEC89 | Long             | DBT              | CORP              | US        |      65000 | PA      | $57908.50      | 0.00%             | 2043-01-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| KENNAMETAL INC                                                                   | Kennametal Inc                                                                   | CUSIP: 489170AF7<br>LEI: 549300GZDSG25XUV0Y08 | Long             | DBT              | CORP              | US        |     150000 | PA      | $121981.50     | 0.00%             | 2031-03-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| SF HLDNG INVESTMENT 2021                                                         | SF Holding Investment 2021 Ltd                                                   | CUSIP: 000000000<br>LEI: 655600V9A105VPU0VS17 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $545580.00     | 0.00%             | 2026-11-17      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  101850000 | PA      | $85904109.38   | 0.41%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| PAYSAFE FIN PLC/PAYSAFE                                                          | Paysafe Finance PLC / Paysafe Holdings US Corp                                   | CUSIP: 70452AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     300000 | PA      | $238500.00     | 0.00%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385AC5<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     410000 | PA      | $458093.00     | 0.00%             | 2032-01-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMVZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     173312 | PA      | $164759.01     | 0.00%             | 2032-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                               | Ally Financial Inc                                                               | CUSIP: 02005NBH2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     629000 | PA      | $617495.59     | 0.00%             | 2024-05-21      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                      | CUSIP: 452151LF8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    5250000 | PA      | $5211003.00    | 0.02%             | 2033-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891CBB8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     400000 | PA      | $388712.00     | 0.00%             | 2024-06-20      | Fixed         | 3.40%                 | No            |                  2 | On Loan: —       |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAQ0<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     490000 | PA      | $435727.60     | 0.00%             | 2049-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC FIN CO                                                           | Global Atlantic Fin Co                                                           | CUSIP: 37959GAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     740000 | PA      | $572723.00     | 0.00%             | 2031-06-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MES9<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     148000 | PA      | $145643.84     | 0.00%             | 2024-06-10      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PAR PETRO LLC / FIN CORP                                                         | Par Petroleum LLC / Par Petroleum Finance Corp                                   | CUSIP: 69889MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     170000 | PA      | $167584.30     | 0.00%             | 2025-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KP6Y9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3731205 | PA      | $3757464.34    | 0.02%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST GAS CORP                                                               | Southwest Gas Corp                                                               | CUSIP: 845011AD7<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |     365000 | PA      | $241870.90     | 0.00%             | 2051-08-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                                                                 | Arches Buyer Inc                                                                 | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |     415000 | PA      | $349670.70     | 0.00%             | 2028-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AP2<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     160000 | PA      | $137748.80     | 0.00%             | 2047-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SINOCHEM OFFSHORE CAPITA                                                         | Sinochem Offshore Capital Co Ltd                                                 | CUSIP: 000000000<br>LEI: 3003004LKKZ33WMP2P47 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $561012.00     | 0.00%             | 2024-09-23      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBN5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1482000 | PA      | $1089729.42    | 0.01%             | 2051-04-22      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| TURK SISE VE CAM FABRIKA                                                         | Turkiye Sise ve Cam Fabrikalari AS                                               | CUSIP: 000000000<br>LEI: 789000KWOK751Q6R8875 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $388732.00     | 0.00%             | 2026-03-14      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| INDIAN RAILWAY FINANCE                                                           | Indian Railway Finance Corp Ltd                                                  | CUSIP: 45434M2B7<br>LEI: 335800F2JHSOGXQEBY56 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $153598.00     | 0.00%             | 2050-02-13      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission                                                  | TEXAS ST TRANSPRTN COMMISSION                                                    | CUSIP: 882830BH4<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |     500000 | PA      | $362999.00     | 0.00%             | 2044-10-01      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| AMCOR FINANCE USA INC                                                            | Amcor Finance USA Inc                                                            | CUSIP: 02343UAG0<br>LEI: 549300ZMT7FVT8R77U18 | Long             | DBT              | CORP              | US        |     603000 | PA      | $579115.17     | 0.00%             | 2026-04-28      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| OHIO NAT FINANCIAL SRVS                                                          | Ohio National Financial Services Inc                                             | CUSIP: 67740QAH9<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |     375000 | PA      | $351438.75     | 0.00%             | 2030-01-24      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Baxter International Inc                                                         | Baxter International Inc                                                         | CUSIP: 071813BP3<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     400000 | PA      | $299468.00     | 0.00%             | 2046-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JK3<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    1320000 | PA      | $1182363.60    | 0.01%             | 2026-03-26      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                             | Westpac Banking Corp                                                             | CUSIP: 961214DW0<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     620000 | PA      | $591430.40     | 0.00%             | 2028-01-25      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVB2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     500000 | PA      | $467695.00     | 0.00%             | 2026-09-14      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   57000000 | PA      | $48004687.50   | 0.23%             | 2031-02-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| OPTION CARE HEALTH INC                                                           | Option Care Health Inc                                                           | CUSIP: 68404LAA0<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | DBT              | CORP              | US        |     380000 | PA      | $329604.40     | 0.00%             | 2029-10-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                            | CUSIP: 369550BP2<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     190000 | PA      | $165182.20     | 0.00%             | 2031-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| INTERPUBLIC GROUP COS                                                            | Interpublic Group of Cos Inc/The                                                 | CUSIP: 460690BQ2<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |     539000 | PA      | $538714.33     | 0.00%             | 2048-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    2000000 | PA      | $1530880.00    | 0.01%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Brown & Brown Inc                                                                | Brown & Brown Inc                                                                | CUSIP: 115236AB7<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     152000 | PA      | $145644.88     | 0.00%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AVANGRID INC                                                                     | Avangrid Inc                                                                     | CUSIP: 05351WAC7<br>LEI: 549300OX0Q38NLSKPB49 | Long             | DBT              | CORP              | US        |     453000 | PA      | $435419.07     | 0.00%             | 2025-04-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                                                          | Corebridge Global Funding                                                        | CUSIP: 00138CAS7<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |     935000 | PA      | $882340.80     | 0.00%             | 2024-06-17      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | OHIO ST WTR DEV AUTH WTR POLL CONTROL REVENUE                                    | CUSIP: 67766WQG0<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |      50000 | PA      | $51187.30      | 0.00%             | 2034-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                                                          | Duke Energy Indiana LLC                                                          | CUSIP: 26443TAC0<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |     350000 | PA      | $237562.50     | 0.00%             | 2050-04-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                                                           | CenterPoint Energy Resources Corp                                                | CUSIP: 15189WAH3<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     135000 | PA      | $144432.45     | 0.00%             | 2041-01-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YCY3<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    1567000 | PA      | $1538621.63    | 0.01%             | 2035-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                              | CUSIP: 291011BS2<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |     660000 | PA      | $463188.00     | 0.00%             | 2051-12-21      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140F0UQ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4564 | PA      | $4514.91       | 0.00%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| QIB SUKUK LTD                                                                    | QIB Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300XDP1VCBZLCP049 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $593088.00     | 0.00%             | 2024-03-26      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523AZ3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     937000 | PA      | $878999.70     | 0.00%             | 2027-10-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8T39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4129503 | PA      | $3763548.60    | 0.02%             | 2036-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                                           | Match Group Holdings II LLC                                                      | CUSIP: 57665RAJ5<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     295000 | PA      | $278444.60     | 0.00%             | 2029-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CATALENT PHARMA SOLUTION                                                         | Catalent Pharma Solutions Inc                                                    | CUSIP: 14879EAK4<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |     340000 | PA      | $280914.80     | 0.00%             | 2030-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAG5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1655000 | PA      | $1342833.90    | 0.01%             | 2050-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAE9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     490000 | PA      | $574059.50     | 0.00%             | 2038-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Loews Corp                                                                       | Loews Corp                                                                       | CUSIP: 540424AS7<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |     500000 | PA      | $489055.00     | 0.00%             | 2026-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807CZ8<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |     435000 | PA      | $376279.35     | 0.00%             | 2046-11-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780DM5<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     900000 | PA      | $890199.00     | 0.00%             | 2027-09-20      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CENTRAL GARDEN & PET CO                                                          | Central Garden & Pet Co                                                          | CUSIP: 153527AP1<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |     247000 | PA      | $207366.38     | 0.00%             | 2031-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05971KAD1<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     810000 | PA      | $784881.90     | 0.00%             | 2024-06-27      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                                           | Anglo American Capital PLC                                                       | CUSIP: 000000000<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $349992.00     | 0.00%             | 2028-03-17      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F050627<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   28518438 | PA      | $28623154.00   | 0.14%             | 2053-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                         | Electricite de France SA                                                         | CUSIP: 268317AQ7<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    1248000 | PA      | $1080668.16    | 0.01%             | 2045-10-13      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                    | UniCredit SpA                                                                    | CUSIP: 904678AY5<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |     645000 | PA      | $520927.80     | 0.00%             | 2032-06-03      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| LONGFOR HOLDINGS LTD                                                             | Longfor Group Holdings Ltd                                                       | CUSIP: 000000000<br>LEI: 254900UJX27B2F1JYR13 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $528018.00     | 0.00%             | 2028-01-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBB1<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     180000 | PA      | $157066.20     | 0.00%             | 2043-01-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659T2B6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1905000 | PA      | $1493958.15    | 0.01%             | 2035-08-12      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAE2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     205000 | PA      | $182386.45     | 0.00%             | 2026-03-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| BAYER CORP/NJ                                                                    | Bayer Corp/NJ                                                                    | CUSIP: 072732AC4<br>LEI: 54930050NR9YMICYZM28 | Long             | DBT              | CORP              | US        |     350000 | PA      | $363716.50     | 0.00%             | 2028-02-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: —       |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AR4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    1005000 | PA      | $916238.40     | 0.00%             | 2026-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133A36A1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1728373 | PA      | $1588511.72    | 0.01%             | 2050-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EDP Finance BV                                                                   | EDP Finance BV                                                                   | CUSIP: 26835PAF7<br>LEI: 5299007L43AQDFOW5739 | Long             | DBT              | CORP              | NL        |     734000 | PA      | $720472.38     | 0.00%             | 2024-07-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL GAMING AU                                                         | Mohegan Tribal Gaming Authority                                                  | CUSIP: 608328BF6<br>LEI: 549300UB083Z2NRDHC48 | Long             | DBT              | CORP              | US        |     350000 | PA      | $349937.00     | 0.00%             | 2024-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                        | Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28                      | CUSIP: 61766LBV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2000000 | PA      | $1832670.64    | 0.01%             | 2049-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89115A2E1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     815000 | PA      | $800085.50     | 0.00%             | 2032-06-08      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| WERNER FINCO LP/INC                                                              | Werner FinCo LP / Werner FinCo Inc                                               | CUSIP: 95076PAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     233000 | PA      | $156569.01     | 0.00%             | 2025-07-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400FL2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     663000 | PA      | $715377.00     | 0.00%             | 2039-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC                                                          | LCPR Senior Secured Financing DAC                                                | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |     755000 | PA      | $735513.45     | 0.00%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582CC4<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     964000 | PA      | $925131.52     | 0.00%             | 2024-11-07      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| General Electric Co                                                              | General Electric Co                                                              | CUSIP: 36962GXZ2<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |     450000 | PA      | $517905.00     | 0.00%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DQ8<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     755000 | PA      | $655105.95     | 0.00%             | 2027-09-16      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780DJ2<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     600000 | PA      | $556014.00     | 0.00%             | 2032-03-31      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KX8<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     530000 | PA      | $530969.90     | 0.00%             | 2028-02-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BZ4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1110000 | PA      | $849094.50     | 0.00%             | 2049-12-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111EU3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     457000 | PA      | $535311.52     | 0.00%             | 2038-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828J27<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   32561400 | PA      | $31180084.52   | 0.15%             | 2025-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AK9<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     560000 | PA      | $453992.00     | 0.00%             | 2049-09-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582BD3<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    1365000 | PA      | $1333386.60    | 0.01%             | 2025-05-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAJ9<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    1313000 | PA      | $1186886.35    | 0.01%             | 2030-05-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| TTX CO                                                                           | TTX Co                                                                           | CUSIP: 87305QCP4<br>LEI: 549300I8CNSYS1OGX775 | Long             | DBT              | CORP              | US        |     250000 | PA      | $271757.50     | 0.00%             | 2052-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599CR4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4646.00       | 0.00%             | 2026-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                                                                | Iron Mountain Inc                                                                | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     615000 | PA      | $584692.80     | 0.00%             | 2028-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT WTR & PWR REVENUE                                            | CUSIP: 544495VY7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     100000 | PA      | $124824.70     | 0.00%             | 2045-07-01      | Fixed         | 6.57%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516BL9<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    1163000 | PA      | $1095778.60    | 0.01%             | 2026-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                                                              | Silgan Holdings Inc                                                              | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |     385000 | PA      | $359828.70     | 0.00%             | 2028-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI                                                               | Braskem Idesa SAPI                                                               | CUSIP: 000000000<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $442812.00     | 0.00%             | 2032-02-20      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| TAMPA ELECTRIC CO                                                                | Tampa Electric Co                                                                | CUSIP: 875127BL5<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |     290000 | PA      | $285331.00     | 0.00%             | 2052-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRINKER INTERNATIONAL IN                                                         | Brinker International Inc                                                        | CUSIP: 109641AH3<br>LEI: 52990067JY6PBGJNTG76 | Long             | DBT              | CORP              | US        |     465000 | PA      | $454974.60     | 0.00%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CommScope Inc                                                                    | CommScope Inc                                                                    | CUSIP: 20338QAA1<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     680000 | PA      | $578170.00     | 0.00%             | 2027-03-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                                                   | Hertz Corp/The                                                                   | CUSIP: 428040DB2<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |     675000 | PA      | $551664.00     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CGC9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20000000 | PA      | $20229687.60   | 0.10%             | 2027-12-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556BY7<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     175000 | PA      | $164260.25     | 0.00%             | 2047-08-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128285J5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   38250000 | PA      | $37311679.69   | 0.18%             | 2025-10-31      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2Q6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1280000 | PA      | $1135654.40    | 0.01%             | 2027-06-30      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 03523TBU1<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    1318000 | PA      | $1382147.06    | 0.01%             | 2039-01-23      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748AV4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     382000 | PA      | $376369.32     | 0.00%             | 2024-06-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8LM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     781927 | PA      | $732207.13     | 0.00%             | 2045-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                 | Deutsche Bank AG                                                                 | CUSIP: 251525AP6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    2550000 | PA      | $2471613.00    | 0.01%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SUN HUNG KAI PROP (CAP)                                                          | Sun Hung Kai Properties Capital Market Ltd                                       | CUSIP: 000000000<br>LEI: 222100WJDEUAP4JLW867 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $349460.00     | 0.00%             | 2030-05-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| State of Israel                                                                  | Israel Government International Bond                                             | CUSIP: 46513YJJ8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     800000 | PA      | $714816.00     | 0.00%             | 2048-01-17      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                     | CUSIP: 053332BA9<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    1043000 | PA      | $836788.47     | 0.00%             | 2031-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EUE7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     590000 | PA      | $577934.50     | 0.00%             | 2025-03-13      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    1065000 | PA      | $929755.65     | 0.00%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158AZ9<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |     567500 | PA      | $450123.98     | 0.00%             | 2040-05-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F042426<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     960000 | PA      | $967295.17     | 0.00%             | 2038-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EDP FINANCE BV                                                                   | EDP Finance BV                                                                   | CUSIP: 26835PAJ9<br>LEI: 5299007L43AQDFOW5739 | Long             | DBT              | CORP              | NL        |     390000 | PA      | $411434.40     | 0.00%             | 2027-10-11      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     635000 | PA      | $606571.05     | 0.00%             | 2043-03-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Puget Energy Inc                                                                 | Puget Energy Inc                                                                 | CUSIP: 745310AH5<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |     580000 | PA      | $556370.80     | 0.00%             | 2025-05-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8KR5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1217279 | PA      | $1109404.52    | 0.01%             | 2036-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BROADRIDGE FINANCIAL SOL                                                         | Broadridge Financial Solutions Inc                                               | CUSIP: 11133TAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     315000 | PA      | $301001.40     | 0.00%             | 2026-06-27      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                                                              | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     600000 | PA      | $405372.00     | 0.00%             | 2051-09-28      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                                               | Sonoco Products Co                                                               | CUSIP: 835495AL6<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |     460000 | PA      | $409864.60     | 0.00%             | 2030-05-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| FRANCISCAN HEALTH SYS                                                            | Franciscan Missionaries of Our Lady Health System Inc                            | CUSIP: 351837AA7<br>LEI: 254900OPFK0OOKZFLV35 | Long             | DBT              | CORP              | US        |      98000 | PA      | $78389.22      | 0.00%             | 2049-07-01      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEL5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1703000 | PA      | $1451858.59    | 0.01%             | 2033-01-21      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HM8<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     815000 | PA      | $807013.00     | 0.00%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807CL9<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |      19000 | PA      | $17491.59      | 0.00%             | 2042-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DOMTAR CORP                                                                      | Domtar Corp                                                                      | CUSIP: 70478JAA2<br>LEI: XYSIJOU3HNVROZWNA008 | Long             | DBT              | CORP              | US        |     417000 | PA      | $384219.63     | 0.00%             | 2028-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308HD2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     325000 | PA      | $263669.25     | 0.00%             | 2043-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                         | CUSIP: 44106MAZ5<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     656000 | PA      | $618411.20     | 0.00%             | 2024-10-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                | CUSIP: 020002BJ9<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     655000 | PA      | $521353.80     | 0.00%             | 2030-12-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WKQD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     122688 | PA      | $117172.88     | 0.00%             | 2047-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    1100000 | PA      | $1101683.00    | 0.01%             | 2027-01-25      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                         | CUSIP: 000000000<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     230000 | PA      | $197712.60     | 0.00%             | 2026-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAX6<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     829000 | PA      | $771102.64     | 0.00%             | 2027-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JB7<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     215000 | PA      | $206873.00     | 0.00%             | 2043-08-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBL6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     428000 | PA      | $419431.44     | 0.00%             | 2027-02-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BM5<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | DBT              | CORP              | US        |     573000 | PA      | $512628.72     | 0.00%             | 2038-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| OXFORD FIN LLC/CO-ISS II                                                         | Oxford Finance LLC / Oxford Finance Co-Issuer II Inc                             | CUSIP: 69145LAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     330000 | PA      | $315631.80     | 0.00%             | 2027-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BRF SA                                                                           | BRF SA                                                                           | CUSIP: 000000000<br>LEI: 254900MTXR9LUVQFU480 | Long             | DBT              | CORP              | BR        |     200000 | PA      | $169162.00     | 0.00%             | 2030-01-24      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   28700000 | PA      | $25821031.25   | 0.12%             | 2026-08-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBA0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     946000 | PA      | $898624.32     | 0.00%             | 2044-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Inversiones CMPC SA                                                              | Inversiones CMPC SA                                                              | CUSIP: 000000000<br>LEI: 549300G475ACIABB4385 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $198848.00     | 0.00%             | 2024-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJQ27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     843830 | PA      | $806105.02     | 0.00%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FIN CO LLC                                                            | Teva Pharmaceutical Finance Co LLC                                               | CUSIP: 88163VAD1<br>LEI: 5493006PITD7MU7WW480 | Long             | DBT              | CORP              | US        |     622000 | PA      | $580643.22     | 0.00%             | 2036-02-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UH62<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     215065 | PA      | $219701.78     | 0.00%             | 2048-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transocean Inc                                                                   | Transocean Inc                                                                   | CUSIP: 893830AZ2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     150000 | PA      | $116247.00     | 0.00%             | 2041-12-15      | Fixed         | 9.35%                 | No            |                  2 | On Loan: —       |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAU8<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     333000 | PA      | $285171.21     | 0.00%             | 2048-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CB6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1258000 | PA      | $1132464.18    | 0.01%             | 2030-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY GROUP                                                             | Ryan Specialty Group LLC                                                         | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |     275000 | PA      | $247810.75     | 0.00%             | 2030-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| American Homes 4 Rent                                                            | American Homes 4 Rent LP                                                         | CUSIP: 02666TAA5<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |     485000 | PA      | $465027.70     | 0.00%             | 2028-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| YALE UNIVERSITY                                                                  | Yale University                                                                  | CUSIP: 98459LAA1<br>LEI: 9SFB6DIM0FRWV0EV8S84 | Long             | DBT              | CORP              | US        |     220000 | PA      | $203849.80     | 0.00%             | 2025-04-15      | Fixed         | 0.87%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122CR7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1916000 | PA      | $1765134.16    | 0.01%             | 2049-10-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AQ7<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     165000 | PA      | $158167.35     | 0.00%             | 2024-01-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                              | CUSIP: 316773DF4<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     370000 | PA      | $352099.40     | 0.00%             | 2033-04-25      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| EVERGY INC                                                                       | Evergy Inc                                                                       | CUSIP: 30034WAA4<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |     726000 | PA      | $695965.38     | 0.00%             | 2024-09-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBS8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     649000 | PA      | $569666.24     | 0.00%             | 2029-09-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBD1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    1332000 | PA      | $898820.28     | 0.00%             | 2050-06-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RBR8<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     407000 | PA      | $388778.61     | 0.00%             | 2046-05-13      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                                                        | TEGNA Inc                                                                        | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |     695000 | PA      | $654509.30     | 0.00%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHNSON (S.C.) & SON INC                                                         | SC Johnson & Son Inc                                                             | CUSIP: 478165AH6<br>LEI: PH5ZFDENRYXEVLP50443 | Long             | DBT              | CORP              | US        |     860000 | PA      | $816157.20     | 0.00%             | 2046-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ZHONGAN ONLINE P&C INSUR                                                         | ZhongAn Online P&C Insurance Co Ltd                                              | CUSIP: 000000000<br>LEI: 5299006845ISFI2WAI41 | Long             | DBT              | CORP              | CN        |     800000 | PA      | $718728.00     | 0.00%             | 2025-07-16      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| NY & PRESBYTERIAN HOSPIT                                                         | New York and Presbyterian Hospital/The                                           | CUSIP: 649322AH7<br>LEI: 19EOSPKL8HML7MY3UE63 | Long             | DBT              | CORP              | US        |      30000 | PA      | $21259.50      | 0.00%             | 2040-08-01      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| CALUMET SPECIALTY PROD                                                           | Calumet Specialty Products Partners LP / Calumet Finance Corp                    | CUSIP: 131477AT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     340000 | PA      | $358264.80     | 0.00%             | 2025-04-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                                                               | Panama Government International Bond                                             | CUSIP: 698299BN3<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    2400000 | PA      | $1843344.00    | 0.01%             | 2032-09-29      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YAU9<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     395000 | PA      | $387147.40     | 0.00%             | 2024-03-07      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                             | CUSIP: 87612KAC6<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     540000 | PA      | $548353.80     | 0.00%             | 2052-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408GX5<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     303000 | PA      | $278805.45     | 0.00%             | 2043-03-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                                                      | Ivory Coast Government International Bond                                        | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     800000 | PA      | $775128.00     | 0.00%             | 2028-03-03      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBM6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     478000 | PA      | $394039.30     | 0.00%             | 2031-06-24      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| NOVANT HEALTH INC                                                                | Novant Health Inc                                                                | CUSIP: 66988AAJ3<br>LEI: 549300ZUXEGFGE8EP917 | Long             | DBT              | CORP              | US        |     254000 | PA      | $184797.70     | 0.00%             | 2061-11-01      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                                      | PNC Bank NA                                                                      | CUSIP: 69353REK0<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     630000 | PA      | $610684.20     | 0.00%             | 2025-02-23      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8EY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     259702 | PA      | $255772.08     | 0.00%             | 2033-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MCAF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9554360 | PA      | $8052150.53    | 0.04%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ABB FINANCE USA INC                                                              | ABB Finance USA Inc                                                              | CUSIP: 00037BAF9<br>LEI: 5493002Y01YAFV45F528 | Long             | DBT              | CORP              | US        |     305000 | PA      | $299455.10     | 0.00%             | 2028-04-03      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| PIONEER REWARD LTD                                                               | Pioneer Reward Ltd                                                               | CUSIP: 000000000<br>LEI: 213800S7P8CY8UE2TH93 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $947650.00     | 0.00%             | 2025-03-03      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                      | CUSIP: 38122NB76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     110000 | PA      | $102249.62     | 0.00%             | 2046-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                                                          | European Bank for Reconstruction & Development                                   | CUSIP: 29874QEL4<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    2008000 | PA      | $1822139.52    | 0.01%             | 2025-11-25      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| WESTERN UNION CO/THE                                                             | Western Union Co/The                                                             | CUSIP: 959802AZ2<br>LEI: 28ID94QU1140NC23S047 | Long             | DBT              | CORP              | US        |     687000 | PA      | $612343.71     | 0.00%             | 2026-03-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29278NAN3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     522000 | PA      | $529736.04     | 0.00%             | 2027-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XHYQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4561906 | PA      | $4514940.84    | 0.02%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Regency Centers LP                                                               | Regency Centers LP                                                               | CUSIP: 75884RAX1<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     230000 | PA      | $218707.00     | 0.00%             | 2028-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                                                    | TopBuild Corp                                                                    | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     355000 | PA      | $301132.30     | 0.00%             | 2032-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MTR CORP LTD                                                                     | MTR Corp Ltd                                                                     | CUSIP: 000000000<br>LEI: 254900IH4U9NHH9AQM97 | Long             | DBT              | CORP              | HK        |     893000 | PA      | $736305.29     | 0.00%             | 2030-08-19      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAD8<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     155000 | PA      | $143029.35     | 0.00%             | 2044-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| LG CHEM LTD                                                                      | LG Chem Ltd                                                                      | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | DBT              | CORP              | KR        |     600000 | PA      | $529806.00     | 0.00%             | 2026-07-07      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                               | CUSIP: 832696AK4<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    1158000 | PA      | $1125738.12    | 0.01%             | 2025-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | Las Vegas Sands Corp                                                             | CUSIP: 517834AG2<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    1120000 | PA      | $1076510.40    | 0.01%             | 2024-08-08      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Tapestry Inc                                                                     | Tapestry Inc                                                                     | CUSIP: 189754AC8<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |     149000 | PA      | $143454.22     | 0.00%             | 2027-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CHINA CITIC BANK INTL                                                            | China CITIC Bank International Ltd                                               | CUSIP: 000000000<br>LEI: 54930034UPFJV0NHXV95 | Long             | DBT              | CORP              | HK        |     500000 | PA      | $496580.00     | 0.00%             | 2029-02-28      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WBQ65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     139027 | PA      | $141063.33     | 0.00%             | 2044-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                                                          | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     955000 | PA      | $807528.90     | 0.00%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FV0<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     430000 | PA      | $373300.20     | 0.00%             | 2049-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAV9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     600000 | PA      | $585546.00     | 0.00%             | 2030-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     600000 | PA      | $420162.00     | 0.00%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | ATLANTA GA WTR & WSTWTR REVENUE                                                  | CUSIP: 047870SN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     120000 | PA      | $97945.20      | 0.00%             | 2035-11-01      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                                                         | Tyco Electronics Group SA                                                        | CUSIP: 902133AZ0<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |     350000 | PA      | $350402.50     | 0.00%             | 2026-02-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc                                                               | Cenovus Energy Inc                                                               | CUSIP: 15135UAM1<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     105000 | PA      | $102512.55     | 0.00%             | 2027-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE                                                         | Northwestern Mutual Life Insurance Co/The                                        | CUSIP: 668138AA8<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |     886000 | PA      | $730710.78     | 0.00%             | 2047-09-30      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| FORTIS INC                                                                       | Fortis Inc/Canada                                                                | CUSIP: 349553AM9<br>LEI: 549300MQYQ9Y065XPR71 | Long             | DBT              | CORP              | CA        |    1095000 | PA      | $1027088.10    | 0.00%             | 2026-10-04      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAK0<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    1186000 | PA      | $1004079.46    | 0.00%             | 2030-06-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | Seagate HDD Cayman                                                               | CUSIP: 81180WBG5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     430100 | PA      | $487174.27     | 0.00%             | 2032-12-01      | Fixed         | 9.63%                 | No            |                  2 | On Loan: —       |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VAA8<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     290000 | PA      | $283678.00     | 0.00%             | 2025-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND CO                                                          | Becton Dickinson and Co                                                          | CUSIP: 075887CL1<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    1005000 | PA      | $828089.85     | 0.00%             | 2031-02-11      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109BN0<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     868000 | PA      | $716134.72     | 0.00%             | 2049-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X7M89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   17183264 | PA      | $16350551.38   | 0.08%             | 2050-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Cencosud SA                                                                      | Cencosud SA                                                                      | CUSIP: 000000000<br>LEI: 549300NLTGCFV7482429 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $400464.00     | 0.00%             | 2025-02-12      | Fixed         | 5.15%                 | No            |                  2 | On Loan: —       |
| KSA SUKUK LTD                                                                    | KSA Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 635400XBJFPNCGN9CK71 | Long             | DBT              | NUSS              | KY        |    1500000 | PA      | $1385190.00    | 0.01%             | 2029-10-29      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAS3<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     482000 | PA      | $407010.44     | 0.00%             | 2031-03-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     810000 | PA      | $737829.00     | 0.00%             | 2032-01-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                                                | Hormel Foods Corp                                                                | CUSIP: 440452AG5<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |     110000 | PA      | $104310.80     | 0.00%             | 2024-06-03      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                             | CUSIP: 94106LBQ1<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     198000 | PA      | $172459.98     | 0.00%             | 2029-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                           | CUSIP: 460146CN1<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |      25000 | PA      | $24241.00      | 0.00%             | 2046-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578DAX0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    1651000 | PA      | $1576424.33    | 0.01%             | 2026-12-02      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SLT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       5834 | PA      | $5755.85       | 0.00%             | 2046-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                                                    | FirstCash Inc                                                                    | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     355000 | PA      | $319059.80     | 0.00%             | 2028-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| EASTERN GAS TRAN                                                                 | Eastern Gas Transmission & Storage Inc                                           | CUSIP: 276480AD2<br>LEI: H2VQBNB3NSKRM5QWBI71 | Long             | DBT              | CORP              | US        |     410000 | PA      | $362530.20     | 0.00%             | 2044-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                                                           | Galaxy Pipeline Assets Bidco Ltd                                                 | CUSIP: 000000000<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |     924700 | PA      | $799865.50     | 0.00%             | 2034-03-31      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                                                  | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $717680.00     | 0.00%             | 2026-04-23      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432MS1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     619000 | PA      | $585833.98     | 0.00%             | 2032-11-01      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                                                         | Sinclair Television Group Inc                                                    | CUSIP: 829259AW0<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |     265000 | PA      | $235015.25     | 0.00%             | 2027-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BD3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     593000 | PA      | $603674.00     | 0.00%             | 2044-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38143YAC7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     988000 | PA      | $1080328.60    | 0.01%             | 2036-05-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                        | CUSIP: 00817YAQ1<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |     817000 | PA      | $798494.95     | 0.00%             | 2024-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INNOVATE Corp                                                                    | INNOVATE Corp                                                                    | CUSIP: 404139AJ6<br>LEI: 549300S6O246JWQQ1K58 | Long             | DBT              | CORP              | US        |     225000 | PA      | $169526.25     | 0.00%             | 2026-02-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FT0<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     743000 | PA      | $573335.95     | 0.00%             | 2049-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DCB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     501513 | PA      | $502580.58     | 0.00%             | 2049-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCCI TREASURE LTD                                                                | CCCI Treasure Ltd                                                                | CUSIP: 000000000<br>LEI: 222100QYJA4A1WYR6697 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $750720.00     | 0.00%             | 2026-11-21      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| VANKE REAL ESTATE HK                                                             | Vanke Real Estate Hong Kong Co Ltd                                               | CUSIP: 000000000<br>LEI: 25490078APAXS5NZGF08 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $376388.00     | 0.00%             | 2025-05-12      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                                                  | Nordea Bank Abp                                                                  | CUSIP: 65559CAE1<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |     435000 | PA      | $384283.35     | 0.00%             | 2026-09-30      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WR26<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   40365089 | PA      | $36109890.68   | 0.17%             | 2051-11-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALLEGION US HOLDING CO                                                           | Allegion US Holding Co Inc                                                       | CUSIP: 01748TAC5<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |     180000 | PA      | $183063.60     | 0.00%             | 2032-07-01      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                                                            | Republic Services Inc                                                            | CUSIP: 760759AT7<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     535000 | PA      | $521839.00     | 0.00%             | 2028-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Tutor Perini Corp                                                                | Tutor Perini Corp                                                                | CUSIP: 901109AF5<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | DBT              | CORP              | US        |     325000 | PA      | $289503.50     | 0.00%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     800000 | PA      | $720512.00     | 0.00%             | 2030-05-21      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| APOLLO MANAGEMENT HOLDIN                                                         | Apollo Management Holdings LP                                                    | CUSIP: 03765HAA9<br>LEI: 5493006XQW0V5K38YM64 | Long             | DBT              | CORP              | US        |     778000 | PA      | $762299.96     | 0.00%             | 2024-05-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CH0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     966000 | PA      | $943637.10     | 0.00%             | 2024-05-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JCK8<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     370000 | PA      | $373873.90     | 0.00%             | 2032-09-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAM7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    1237000 | PA      | $1182299.86    | 0.01%             | 2024-08-14      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                            | Lincoln National Corp                                                            | CUSIP: 534187AW9<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     243000 | PA      | $253096.65     | 0.00%             | 2037-10-09      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| COVANTA HOLDING CORP                                                             | Covanta Holding Corp                                                             | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |     495000 | PA      | $432590.40     | 0.00%             | 2029-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06368D3S1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     205000 | PA      | $200207.10     | 0.00%             | 2025-06-07      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   54000000 | PA      | $49089375.00   | 0.24%             | 2026-10-31      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   31000000 | PA      | $28115547.03   | 0.13%             | 2029-02-28      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GGM5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2040000 | PA      | $1881288.00    | 0.01%             | 2038-04-24      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DQ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1775000 | PA      | $1873920.75    | 0.01%             | 2026-11-03      | Fixed         | 7.34%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142EC3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    1053000 | PA      | $1001908.44    | 0.00%             | 2048-06-29      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| COMERICA BANK                                                                    | Comerica Bank                                                                    | CUSIP: 20034DJA8<br>LEI: 70WY0ID1N53Q4254VH70 | Long             | DBT              | CORP              | US        |     400000 | PA      | $386304.00     | 0.00%             | 2024-07-23      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Power Finance Corp Ltd                                                           | Power Finance Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $185612.00     | 0.00%             | 2027-12-06      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XCD6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     270000 | PA      | $262183.50     | 0.00%             | 2024-11-07      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                                         | Fox Corp                                                                         | CUSIP: 35137LAL9<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |     545000 | PA      | $498631.40     | 0.00%             | 2030-04-08      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENGIZCHEVROIL FIN CO IN                                                         | Tengizchevroil Finance Co International Ltd                                      | CUSIP: 000000000<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |     500000 | PA      | $381610.00     | 0.00%             | 2030-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AIG SUNAMER GLOB FIN X                                                           | AIG SunAmerica Global Financing X                                                | CUSIP: 00139PAA6<br>LEI: 549300Q3UB1GMKCGGR05 | Long             | DBT              | CORP              | US        |     381000 | PA      | $423416.73     | 0.00%             | 2032-03-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| AIA Group Ltd                                                                    | AIA Group Ltd                                                                    | CUSIP: 00131LAH8<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |     947000 | PA      | $889640.21     | 0.00%             | 2029-04-09      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                          | GA Global Funding Trust                                                          | CUSIP: 36143L2H7<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |     300000 | PA      | $245580.00     | 0.00%             | 2032-01-06      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WLP1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   19563569 | PA      | $17501053.08   | 0.08%             | 2051-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063DGB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     200000 | PA      | $196037.00     | 0.00%             | 2025-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PPG INDUSTRIES INC                                                               | PPG Industries Inc                                                               | CUSIP: 693506BU0<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |     475000 | PA      | $427699.50     | 0.00%             | 2026-03-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                                                      | Avient Corp                                                                      | CUSIP: 73179PAM8<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |     460000 | PA      | $456039.40     | 0.00%             | 2025-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                                                             | Waste Management Inc                                                             | CUSIP: 94106LBK4<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     579000 | PA      | $534718.08     | 0.00%             | 2049-07-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F040420<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   19337000 | PA      | $19202547.33   | 0.09%             | 2038-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                                                       | TELUS Corp                                                                       | CUSIP: 87971MBH5<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |     763000 | PA      | $707812.21     | 0.00%             | 2048-11-16      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| KazTransGas JSC                                                                  | KazTransGas JSC                                                                  | CUSIP: 000000000<br>LEI: 635400YGLXBBSVHONW39 | Long             | DBT              | CORP              | KZ        |     600000 | PA      | $551334.00     | 0.00%             | 2027-09-26      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RAY5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     118000 | PA      | $117559.86     | 0.00%             | 2024-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                                                 | HSBC Bank USA NA/New York NY                                                     | CUSIP: 4042Q1AB3<br>LEI: 1IE8VN30JCEQV1H4R804 | Long             | DBT              | CORP              | US        |     645000 | PA      | $639453.00     | 0.00%             | 2035-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| UNIV SOUTHERN CALIFORIA                                                          | University of Southern California                                                | CUSIP: 914886AC0<br>LEI: 0GMCSQ6M60R4T46U5511 | Long             | DBT              | CORP              | US        |     408000 | PA      | $358048.56     | 0.00%             | 2047-10-01      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                                            | Caesars Entertainment Inc                                                        | CUSIP: 28470RAH5<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    2335000 | PA      | $2326267.10    | 0.01%             | 2025-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COMPASS GROUP DIVERSIFIE                                                         | Compass Group Diversified Holdings LLC                                           | CUSIP: 20451RAC6<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |     215000 | PA      | $176491.35     | 0.00%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PERKINELMER INC                                                                  | PerkinElmer Inc                                                                  | CUSIP: 714046AM1<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |     505000 | PA      | $431719.45     | 0.00%             | 2028-09-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Alcan Inc                                                              | Rio Tinto Alcan Inc                                                              | CUSIP: 013716AW5<br>LEI: 2138007ZSQ7B17SKOX77 | Long             | DBT              | CORP              | CA        |     192000 | PA      | $205952.64     | 0.00%             | 2035-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TELESAT CANADA/TELESAT L                                                         | Telesat Canada / Telesat LLC                                                     | CUSIP: 87952VAR7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     280000 | PA      | $129197.60     | 0.00%             | 2026-12-06      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| INDONESIA EXIMBANK                                                               | Lembaga Pembiayaan Ekspor Indonesia                                              | CUSIP: 000000000<br>LEI: 254900ORQ4IYCZ7CC308 | Long             | DBT              | NUSS              | ID        |     400000 | PA      | $393748.00     | 0.00%             | 2024-04-06      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| STANFORD HEALTH CARE                                                             | Stanford Health Care                                                             | CUSIP: 85434VAC2<br>LEI: 5493005311WCPXQGDG42 | Long             | DBT              | CORP              | US        |     255000 | PA      | $183082.35     | 0.00%             | 2051-08-15      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     365000 | PA      | $316557.20     | 0.00%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENSTAR FINANCE LLC                                                               | Enstar Finance LLC                                                               | CUSIP: 29360AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     490000 | PA      | $440799.10     | 0.00%             | 2040-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                             | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AK7<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     240000 | PA      | $224208.00     | 0.00%             | 2029-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                                                        | ORIX Corp                                                                        | CUSIP: 686330AP6<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     350000 | PA      | $324758.00     | 0.00%             | 2032-04-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                             | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAF5<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |     633000 | PA      | $549102.18     | 0.00%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140M7R60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9274253 | PA      | $7870871.18    | 0.04%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MAGELLAN MIDSTREAM PARTN                                                         | Magellan Midstream Partners LP                                                   | CUSIP: 559080AM8<br>LEI: MZF5TI8NFVZZNUSKDL39 | Long             | DBT              | CORP              | US        |     535000 | PA      | $433633.55     | 0.00%             | 2047-10-03      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| DEALER TIRE LLC/DT ISSR                                                          | Dealer Tire LLC / DT Issuer LLC                                                  | CUSIP: 24229JAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     330000 | PA      | $305603.10     | 0.00%             | 2028-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| VIGOROUS CHAMP INTL LTD                                                          | Vigorous Champion International Ltd                                              | CUSIP: 000000000<br>LEI: 254900LCCR122N588062 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $374488.00     | 0.00%             | 2025-06-02      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GAW2<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    1790000 | PA      | $1632014.60    | 0.01%             | 2046-03-01      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123AL4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     100000 | PA      | $117558.00     | 0.00%             | 2030-01-15      | Fixed         | 11.88%                | No            |                  2 | On Loan: No      |
| UPC Holding BV                                                                   | UPC Holding BV                                                                   | CUSIP: 90320LAG2<br>LEI: 213800G1DU7LKI6ZCD69 | Long             | DBT              | CORP              | NL        |     470000 | PA      | $426609.60     | 0.00%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MERLIN ENTERTAINMENTS                                                            | Merlin Entertainments Ltd                                                        | CUSIP: 59010QAB2<br>LEI: 549300ZTI0VEFO6WV007 | Long             | DBT              | CORP              | GB        |     435000 | PA      | $414659.40     | 0.00%             | 2026-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UCY3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     534000 | PA      | $522705.90     | 0.00%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                                                          | Pakistan Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     600000 | PA      | $243330.00     | 0.00%             | 2051-04-08      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                       | CUSIP: 80282KAE6<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     839000 | PA      | $828126.56     | 0.00%             | 2025-07-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Diageo Capital PLC                                                               | Diageo Capital PLC                                                               | CUSIP: 25243YAZ2<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |     205000 | PA      | $200654.00     | 0.00%             | 2028-05-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA SPA                                                               | Telecom Italia SpA/Milano                                                        | CUSIP: 87927YAA0<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | IT        |     885000 | PA      | $861246.60     | 0.00%             | 2024-05-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ISTANBUL METROPOLITAN MU                                                         | Istanbul Metropolitan Municipality                                               | CUSIP: 000000000<br>LEI: 213800T1VDQSNKA2MD76 | Long             | DBT              | NUSS              | TR        |     400000 | PA      | $359728.00     | 0.00%             | 2025-12-09      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     741000 | PA      | $636163.32     | 0.00%             | 2031-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ASCOT GROUP LTD                                                                  | Ascot Group Ltd                                                                  | CUSIP: 04365XAA6<br>LEI: 213800DJV7WRJBE2II28 | Long             | DBT              | CORP              | BM        |     305000 | PA      | $266652.35     | 0.00%             | 2030-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 683234AU2<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |      60000 | PA      | $51913.80      | 0.00%             | 2032-01-21      | Fixed         | 2.13%                 | No            |                  2 | On Loan: —       |
| Barclays Commercial Mortgage Securities LLC                                      | BBCMS Mortgage Trust 2022-C15                                                    | CUSIP: 05552FBA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   11940000 | PA      | $11073862.01   | 0.05%             | 2055-04-15      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| ASG FINANCE DESIGNATED                                                           | ASG Finance Designated Activity Co                                               | CUSIP: 00217AAA4<br>LEI: 5493005UOB0OMEJ4WK10 | Long             | DBT              | CORP              | IE        |     200000 | PA      | $194254.00     | 0.00%             | 2024-12-03      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                      | CUSIP: 797440BV5<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     596000 | PA      | $494727.68     | 0.00%             | 2047-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | eBay Inc                                                                         | CUSIP: 278642AZ6<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     341000 | PA      | $265949.31     | 0.00%             | 2051-05-10      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                                           | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     670000 | PA      | $617565.80     | 0.00%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JJ4<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    2580000 | PA      | $2340447.00    | 0.01%             | 2026-01-22      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Dallas County Hospital District                                                  | DALLAS CNTY TX HOSP DIST                                                         | CUSIP: 234667JL8<br>LEI: UQCNU7AEWLMSSOK7VW91 | Long             | DBT              | MUN               | US        |      50000 | PA      | $55172.90      | 0.00%             | 2044-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                                                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAY2<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |     225000 | PA      | $195916.50     | 0.00%             | 2029-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| POWER FINANCE CORP LTD                                                           | Power Finance Corp Ltd                                                           | CUSIP: 73928RAA4<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $410908.00     | 0.00%             | 2028-12-06      | Fixed         | 6.15%                 | No            |                  2 | On Loan: —       |
| Morgan Stanley Capital I Trust                                                   | Morgan Stanley Capital I Trust 2018-L1                                           | CUSIP: 61691QAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1000000 | PA      | $962089.46     | 0.00%             | 2051-10-15      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCV5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     405000 | PA      | $399649.95     | 0.00%             | 2030-07-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KKQY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6291708 | PA      | $5553947.80    | 0.03%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OSCAR ACQUISITIONCO LLC                                                          | Oscar AcquisitionCo LLC / Oscar Finance Inc                                      | CUSIP: 687785AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     465000 | PA      | $419239.35     | 0.00%             | 2030-04-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     595000 | PA      | $38740.45      | 0.00%             | 2029-05-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HONGKONG LAND FINANCE                                                            | Hongkong Land Finance Cayman Islands Co Ltd/The                                  | CUSIP: 000000000<br>LEI: 254900OHTMO343QAXN81 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $662472.00     | 0.00%             | 2031-07-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                                                                | Barclays Bank PLC                                                                | CUSIP: 06739FHV6<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | DBT              | CORP              | GB        |     485000 | PA      | $478932.65     | 0.00%             | 2024-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179T7L3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     373449 | PA      | $375577.06     | 0.00%             | 2048-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                 | Deutsche Bank AG                                                                 | CUSIP: 25152R2Y8<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     655000 | PA      | $641677.30     | 0.00%             | 2026-01-13      | Fixed         | 4.10%                 | No            |                  2 | On Loan: —       |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XBV7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1427735 | PA      | $1437234.07    | 0.01%             | 2052-07-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DPL INC                                                                          | DPL Inc                                                                          | CUSIP: 233293AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     297000 | PA      | $272518.29     | 0.00%             | 2029-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                                   | Morgan Stanley Capital I Trust 2021-L7                                           | CUSIP: 61772TBH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5000000 | PA      | $4195941.30    | 0.02%             | 2054-10-15      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WCH4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     100000 | PA      | $93083.00      | 0.00%             | 2026-07-14      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF II                                                               | Pacific Life Global Funding II                                                   | CUSIP: 6944PL2E8<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |    1240000 | PA      | $1109514.80    | 0.01%             | 2026-04-14      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc                                                          | Illinois Tool Works Inc                                                          | CUSIP: 452308AQ2<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | DBT              | CORP              | US        |      75000 | PA      | $77639.25      | 0.00%             | 2041-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   58500000 | PA      | $56946093.75   | 0.27%             | 2029-08-31      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TV93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      20876 | PA      | $21781.31      | 0.00%             | 2048-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHINA SCE GRP HLDGS LTD                                                          | China SCE Group Holdings Ltd                                                     | CUSIP: 000000000<br>LEI: 549300Q8UEI2ERAP6P49 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $125368.00     | 0.00%             | 2024-04-09      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BOARDWALK PIPELINES LP                                                           | Boardwalk Pipelines LP                                                           | CUSIP: 096630AJ7<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |      45000 | PA      | $39222.45      | 0.00%             | 2032-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| GOL FINANCE SA                                                                   | Gol Finance SA                                                                   | CUSIP: 000000000<br>LEI: 5299007RH8MA67ZC6J07 | Long             | DBT              | CORP              | LU        |     600000 | PA      | $415656.00     | 0.00%             | 2026-06-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY SOUTH                                                            | Dominion Energy South Carolina Inc                                               | CUSIP: 837004CJ7<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |     210000 | PA      | $213916.50     | 0.00%             | 2065-06-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                                                      | Corning Inc                                                                      | CUSIP: 219350BF1<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     758000 | PA      | $650947.66     | 0.00%             | 2057-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BN3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     635000 | PA      | $619321.85     | 0.00%             | 2027-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                            | Molina Healthcare Inc                                                            | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     500000 | PA      | $430280.00     | 0.00%             | 2030-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ONE GAS INC                                                                      | ONE Gas Inc                                                                      | CUSIP: 68235PAH1<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |      85000 | PA      | $71431.45      | 0.00%             | 2030-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                              | CUSIP: 14149YBB3<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     376000 | PA      | $324615.84     | 0.00%             | 2044-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MAXIM CRANE WORKS LLC                                                            | Maxim Crane Works Holdings Capital LLC                                           | CUSIP: 18911YAA3<br>LEI: 549300KV4512VJVQLW38 | Long             | DBT              | CORP              | US        |     142000 | PA      | $138011.22     | 0.00%             | 2024-08-01      | Fixed         | 10.13%                | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UKZ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     425979 | PA      | $435163.78     | 0.00%             | 2049-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844BZ0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     628000 | PA      | $613976.76     | 0.00%             | 2028-08-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RXE4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      20330 | PA      | $20072.75      | 0.00%             | 2046-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A2K6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     448000 | PA      | $408593.92     | 0.00%             | 2026-11-12      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571903AP8<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     310000 | PA      | $301292.10     | 0.00%             | 2025-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL BDC                                                                | Golub Capital BDC Inc                                                            | CUSIP: 38173MAC6<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |     980000 | PA      | $832627.60     | 0.00%             | 2027-02-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XCC3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     187000 | PA      | $137977.95     | 0.00%             | 2050-03-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RVB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     449311 | PA      | $434969.02     | 0.00%             | 2045-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122CQ9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1728000 | PA      | $1625322.24    | 0.01%             | 2039-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                                                          | Consolidated Energy Finance SA                                                   | CUSIP: 20914UAE6<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |     270000 | PA      | $251094.60     | 0.00%             | 2026-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| NATIONAL RETAIL PROP INC                                                         | National Retail Properties Inc                                                   | CUSIP: 637417AM8<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |     283000 | PA      | $251558.70     | 0.00%             | 2048-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Nevada Power Co                                                                  | Nevada Power Co                                                                  | CUSIP: 641423BP2<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |      88000 | PA      | $102113.44     | 0.00%             | 2036-04-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                       | CUSIP: 244199BA2<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |      79000 | PA      | $93539.16      | 0.00%             | 2031-03-03      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XD3V6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3103709 | PA      | $2828728.21    | 0.01%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                                                              | AssuredPartners Inc                                                              | CUSIP: 04624VAB5<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |     375000 | PA      | $320227.50     | 0.00%             | 2029-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAN4<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     205000 | PA      | $172394.75     | 0.00%             | 2029-01-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PBU5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     198000 | PA      | $192709.44     | 0.00%             | 2041-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL FINANCIAL                                                          | Fidelity National Financial Inc                                                  | CUSIP: 31620RAH8<br>LEI: 549300CAZYIH39SYQ287 | Long             | DBT              | CORP              | US        |      81000 | PA      | $79315.20      | 0.00%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XAE5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1112000 | PA      | $1226791.76    | 0.01%             | 2038-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CW9<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     185000 | PA      | $180151.15     | 0.00%             | 2032-06-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QCL4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1100000 | PA      | $734657.00     | 0.00%             | 2048-02-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| SUNCOR ENERGY INC                                                                | Suncor Energy Inc                                                                | CUSIP: 867224AE7<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |     486000 | PA      | $386919.18     | 0.00%             | 2051-03-04      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| LEIDOS INC                                                                       | Leidos Inc                                                                       | CUSIP: 52532XAH8<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |     679000 | PA      | $547796.83     | 0.00%             | 2031-02-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     650000 | PA      | $590083.00     | 0.00%             | 2029-11-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                                                                    | CoreLogic Inc                                                                    | CUSIP: 21871DAD5<br>LEI: 54930086CD8K2UIL0516 | Long             | DBT              | CORP              | US        |     535000 | PA      | $424950.50     | 0.00%             | 2028-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BON SECOURS MERCY                                                                | Bon Secours Mercy Health Inc                                                     | CUSIP: 09778PAB1<br>LEI: 5493006NA7JSVYYYF398 | Long             | DBT              | CORP              | US        |     335000 | PA      | $271068.60     | 0.00%             | 2031-06-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO INC                                                           | Church & Dwight Co Inc                                                           | CUSIP: 17136MAA0<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |     315000 | PA      | $263494.35     | 0.00%             | 2031-12-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INSTITUTE OF                                                          | California Institute of Technology                                               | CUSIP: 13034VAA2<br>LEI: 549300CITPNHOTVPHC04 | Long             | DBT              | CORP              | US        |      78000 | PA      | $72274.80      | 0.00%             | 2111-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                       | CUSIP: 444859BV3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     300000 | PA      | $321504.00     | 0.00%             | 2033-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140HJ2A8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      58069 | PA      | $59379.33      | 0.00%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermilion Energy Inc                                                             | Vermilion Energy Inc                                                             | CUSIP: 923725AB1<br>LEI: WT03B8BB1IX8WI9ZGV02 | Long             | DBT              | CORP              | CA        |     482000 | PA      | $474128.94     | 0.00%             | 2025-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| ORLANDO HEALTH OBL GRP                                                           | Orlando Health Obligated Group                                                   | CUSIP: 686514AH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     375000 | PA      | $274271.25     | 0.00%             | 2050-10-01      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                                                         | MassMutual Global Funding II                                                     | CUSIP: 57629WDL1<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $1046863.25    | 0.01%             | 2027-12-07      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| FRONTIER FLORIDA LLC                                                             | Frontier Florida LLC                                                             | CUSIP: 362333AH9<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |     195000 | PA      | $180835.20     | 0.00%             | 2028-02-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KCG3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     455000 | PA      | $452629.45     | 0.00%             | 2025-06-20      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                              | COMM 2015-CCRE22 Mortgage Trust                                                  | CUSIP: 12592XBD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2000000 | PA      | $1923836.04    | 0.01%             | 2048-03-10      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                                                     | Novelis Corp                                                                     | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     465000 | PA      | $421001.70     | 0.00%             | 2026-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                            | CUSIP: 575718AE1<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |     200000 | PA      | $189824.00     | 0.00%             | 2038-07-01      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBB2<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     385000 | PA      | $325767.75     | 0.00%             | 2032-01-26      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MISC CAPITAL TWO LABUAN                                                          | Misc Capital Two Labuan Ltd                                                      | CUSIP: 000000000<br>LEI: 9845000ED8376T875113 | Long             | DBT              | CORP              | MY        |     400000 | PA      | $374276.00     | 0.00%             | 2027-04-06      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AUTOMATIC DATA PROCESSNG                                                         | Automatic Data Processing Inc                                                    | CUSIP: 053015AF0<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |    1620000 | PA      | $1313868.60    | 0.01%             | 2030-09-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                              | CUSIP: 49446RAQ2<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     122000 | PA      | $95954.22      | 0.00%             | 2046-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                                               | Voya Financial Inc                                                               | CUSIP: 929089AF7<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     305000 | PA      | $261183.70     | 0.00%             | 2048-01-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CIBANCO SA/PLA ADMIN                                                             | Cibanco SA Ibm / PLA Administradora Industrial S de RL de CV                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              |  | MX        |     400000 | PA      | $377716.00     | 0.00%             | 2029-07-18      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                                                                    | Nordstrom Inc                                                                    | CUSIP: 655664AS9<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     277000 | PA      | $238978.98     | 0.00%             | 2027-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 03523TBF4<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    1273000 | PA      | $1674593.31    | 0.01%             | 2039-01-15      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GGF0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1782000 | PA      | $1713268.26    | 0.01%             | 2028-01-20      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844AJ7<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     200000 | PA      | $224756.00     | 0.00%             | 2027-05-15      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J5WM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     203409 | PA      | $196303.22     | 0.00%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                                                            | Svensk Exportkredit AB                                                           | CUSIP: 00254ENB4<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    1695000 | PA      | $1542212.70    | 0.01%             | 2025-08-26      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                                           | Protective Life Global Funding                                                   | CUSIP: 74368CAP9<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |     200000 | PA      | $195168.00     | 0.00%             | 2024-04-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC                                                               | Smith & Nephew PLC                                                               | CUSIP: 83192PAA6<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |    1100000 | PA      | $898238.00     | 0.00%             | 2030-10-14      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FV5<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     435000 | PA      | $317802.30     | 0.00%             | 2051-07-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081DE0<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     673000 | PA      | $654344.44     | 0.00%             | 2043-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFC3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     481000 | PA      | $446752.80     | 0.00%             | 2047-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FM0<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |      35000 | PA      | $32980.50      | 0.00%             | 2027-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     270000 | PA      | $279898.20     | 0.00%             | 2043-09-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     800000 | PA      | $588008.00     | 0.00%             | 2033-09-30      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Monongahela Power Co                                                             | Monongahela Power Co                                                             | CUSIP: 610202BN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      13000 | PA      | $12837.76      | 0.00%             | 2024-04-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                   | CUSIP: 025537AV3<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     770000 | PA      | $804395.90     | 0.00%             | 2027-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FN3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     544000 | PA      | $374696.32     | 0.00%             | 2062-09-16      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0KF5<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    1635000 | PA      | $1342760.10    | 0.01%             | 2031-09-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                              | CUSIP: 49446RBA6<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     120000 | PA      | $116282.40     | 0.00%             | 2033-02-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   33800000 | PA      | $34489203.29   | 0.17%             | 2027-09-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214FK4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    1950000 | PA      | $2031783.00    | 0.01%             | 2027-11-18      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| BANK BAHRAIN & KUWAIT                                                            | BBK BSC                                                                          | CUSIP: 000000000<br>LEI: 549300MCPF5HTBF8ZR90 | Long             | DBT              | CORP              | BH        |     400000 | PA      | $396320.00     | 0.00%             | 2024-07-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                                                            | Takeda Pharmaceutical Co Ltd                                                     | CUSIP: 874060AX4<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    1148000 | PA      | $969199.00     | 0.00%             | 2030-03-31      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132GVG97<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      89774 | PA      | $88941.63      | 0.00%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FS3Z4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4681 | PA      | $4718.34       | 0.00%             | 2047-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SYR2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     138480 | PA      | $129460.05     | 0.00%             | 2047-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048AL2<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     550000 | PA      | $537273.00     | 0.00%             | 2024-05-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc                                                                   | Bombardier Inc                                                                   | CUSIP: 097751BR1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     903000 | PA      | $920536.26     | 0.00%             | 2024-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EE3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     760000 | PA      | $552307.20     | 0.00%             | 2041-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132QVJB8<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      76027 | PA      | $75104.51      | 0.00%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                      | CUSIP: 87612EBM7<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     515000 | PA      | $475288.35     | 0.00%             | 2027-01-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                  | CUSIP: 046353AM0<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |     894000 | PA      | $865329.42     | 0.00%             | 2045-11-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QBHB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     671719 | PA      | $664739.90     | 0.00%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                                                  | Nordea Bank Abp                                                                  | CUSIP: 65558RAC3<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    1960000 | PA      | $1959647.20    | 0.01%             | 2025-09-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNFJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7623320 | PA      | $6693733.45    | 0.03%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OLD REPUBLIC INTL CORP                                                           | Old Republic International Corp                                                  | CUSIP: 680223AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      25000 | PA      | $25004.25      | 0.00%             | 2024-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAL5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   29500000 | PA      | $25418398.59   | 0.12%             | 2027-09-30      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                          | CUSIP: 404119CF4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $934877.70     | 0.00%             | 2032-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0JT7<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     545000 | PA      | $513973.15     | 0.00%             | 2027-09-19      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| EXPORT DEVELOPMNT CANADA                                                         | Export Development Canada                                                        | CUSIP: 30216BJU7<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |     430000 | PA      | $422973.80     | 0.00%             | 2025-08-26      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EC8<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     326000 | PA      | $275779.70     | 0.00%             | 2055-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HJH4<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     605000 | PA      | $621256.35     | 0.00%             | 2026-10-21      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                | CUSIP: 50249AAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     345000 | PA      | $286988.25     | 0.00%             | 2030-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687ER3<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     617000 | PA      | $705138.45     | 0.00%             | 2041-02-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NW1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     165000 | PA      | $126842.10     | 0.00%             | 2031-03-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312AZ9<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     435000 | PA      | $356099.70     | 0.00%             | 2046-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780DN3<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1100000 | PA      | $1101969.00    | 0.01%             | 2032-09-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                | CUSIP: 370334CP7<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     888000 | PA      | $665618.16     | 0.00%             | 2051-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chubb INA Holdings Inc                                                           | Chubb INA Holdings Inc                                                           | CUSIP: 00440EAW7<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    1005000 | PA      | $954177.15     | 0.00%             | 2045-11-03      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058EP4<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    4268000 | PA      | $4113925.20    | 0.02%             | 2025-07-29      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SASOL Financing USA LLC                                                          | Sasol Financing USA LLC                                                          | CUSIP: 80386WAB1<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |     600000 | PA      | $578640.00     | 0.00%             | 2028-09-27      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                                                    | PRA Group Inc                                                                    | CUSIP: 69354NAC0<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |     210000 | PA      | $208632.90     | 0.00%             | 2025-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                                    | AEP Texas Inc                                                                    | CUSIP: 00108WAQ3<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     160000 | PA      | $163129.60     | 0.00%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967MM0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1278000 | PA      | $1311521.94    | 0.01%             | 2041-03-26      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308HR1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     235000 | PA      | $171127.00     | 0.00%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                              | Synchrony Financial                                                              | CUSIP: 87165BAD5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     886000 | PA      | $870344.38     | 0.00%             | 2024-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                            | Northrop Grumman Corp                                                            | CUSIP: 666807BU5<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |     223000 | PA      | $233601.42     | 0.00%             | 2050-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    1065000 | PA      | $890893.80     | 0.00%             | 2032-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| APA INFRASTRUCTURE LTD                                                           | APA Infrastructure Ltd                                                           | CUSIP: 00205GAC1<br>LEI: 261700SS8OEHDOCOUJ33 | Long             | DBT              | CORP              | AU        |      65000 | PA      | $61292.40      | 0.00%             | 2035-03-23      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                                                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AQ4<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     495000 | PA      | $428967.00     | 0.00%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| CHRISTUS HEALTH                                                                  | CHRISTUS Health                                                                  | CUSIP: 17108JAA1<br>LEI: OQUVMAC1TV7BMO6XVW61 | Long             | DBT              | CORP              | US        |     446000 | PA      | $438810.48     | 0.00%             | 2028-07-01      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128284N7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   32000000 | PA      | $30847500.16   | 0.15%             | 2028-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Petroliam Nasional BHD                                                           | Petroliam Nasional Bhd                                                           | CUSIP: 000000000<br>LEI: 5493003RZQYJM7QGNE15 | Long             | DBT              | CORP              | MY        |     415000 | PA      | $455790.35     | 0.00%             | 2026-10-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023DE2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    2618000 | PA      | $2523280.76    | 0.01%             | 2024-02-04      | Fixed         | 1.43%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                                                            | Keysight Technologies Inc                                                        | CUSIP: 49338LAE3<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |     708000 | PA      | $709288.56     | 0.00%             | 2027-04-06      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233851EB6<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |      95000 | PA      | $90821.90      | 0.00%             | 2024-03-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CCM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     503064 | PA      | $477773.85     | 0.00%             | 2031-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                                                              | Ecuador Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    6104255 | PA      | $2984980.70    | 0.01%             | 2035-07-31      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| ICBCIL FINANCE CO LTD                                                            | ICBCIL Finance Co Ltd                                                            | CUSIP: 000000000<br>LEI: 549300ZCUURSNVTOEU07 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $192502.00     | 0.00%             | 2026-05-19      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Under Armour Inc                                                                 | Under Armour Inc                                                                 | CUSIP: 904311AA5<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |     515000 | PA      | $470050.80     | 0.00%             | 2026-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    3635000 | PA      | $3401305.85    | 0.02%             | 2028-12-20      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179W2U1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   15772797 | PA      | $14067639.21   | 0.07%             | 2052-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                               | F&G Global Funding                                                               | CUSIP: 30321L2B7<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |     435000 | PA      | $403253.70     | 0.00%             | 2024-09-20      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAH3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     381000 | PA      | $378237.75     | 0.00%             | 2025-05-25      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254CC2<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     360000 | PA      | $295488.00     | 0.00%             | 2032-06-29      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    2850000 | PA      | $2832415.50    | 0.01%             | 2025-04-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EBC2<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              | CORP              | US        |      28000 | PA      | $26374.88      | 0.00%             | 2028-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAU1<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     235000 | PA      | $205568.60     | 0.00%             | 2030-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                                                   | Whirlpool Corp                                                                   | CUSIP: 963320AZ9<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     195000 | PA      | $191698.65     | 0.00%             | 2032-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: —       |
| SEALED AIR CORP                                                                  | Sealed Air Corp                                                                  | CUSIP: 81211KAY6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     354000 | PA      | $327382.74     | 0.00%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFECORP                                                                 | Pacific LifeCorp                                                                 | CUSIP: 694476AE2<br>LEI: VFN8KLUEIK7XMVX1JM30 | Long             | DBT              | CORP              | US        |     880000 | PA      | $659287.20     | 0.00%             | 2050-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Marathon Oil Corp                                                                | Marathon Oil Corp                                                                | CUSIP: 565849AP1<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | DBT              | CORP              | US        |     955000 | PA      | $933588.90     | 0.00%             | 2027-07-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132L93U7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     324776 | PA      | $310558.66     | 0.00%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    1200000 | PA      | $968184.00     | 0.00%             | 2041-01-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDL3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     564000 | PA      | $519833.16     | 0.00%             | 2048-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                             | Niagara Mohawk Power Corp                                                        | CUSIP: 65364UAE6<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |     106000 | PA      | $87480.74      | 0.00%             | 2042-11-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     400000 | PA      | $272600.00     | 0.00%             | 2059-11-20      | Fixed         | 8.15%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORP                                                            | Oglethorpe Power Corp                                                            | CUSIP: 677050AR7<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |     575000 | PA      | $492309.25     | 0.00%             | 2047-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                           | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1800000 | PA      | $1913148.00    | 0.01%             | 2027-10-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 86765BAS8<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |     770000 | PA      | $787933.30     | 0.00%             | 2025-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWXR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6164048 | PA      | $5617792.60    | 0.03%             | 2037-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225401AV0<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    1350000 | PA      | $1306138.50    | 0.01%             | 2028-08-11      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                            | Bath & Body Works Inc                                                            | CUSIP: 501797AN4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     300000 | PA      | $283560.00     | 0.00%             | 2028-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FH7<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    1170000 | PA      | $1093786.20    | 0.01%             | 2030-03-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828B66<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   53200000 | PA      | $52119375.00   | 0.25%             | 2024-02-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ATL TRANSMISION SUR                                                              | Atlantica Transmision Sur SA                                                     | CUSIP: 000000000<br>LEI: 549300PQCSQSSZTVDH16 | Long             | DBT              | CORP              | PE        |     188200 | PA      | $174382.36     | 0.00%             | 2043-04-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558AS2<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     960000 | PA      | $1041993.60    | 0.00%             | 2041-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AP0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     518000 | PA      | $513110.08     | 0.00%             | 2024-04-29      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FV1<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     279000 | PA      | $263325.78     | 0.00%             | 2026-11-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HC0<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     475000 | PA      | $405531.25     | 0.00%             | 2050-05-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CANACOL ENERGY LTD                                                               | Canacol Energy Ltd                                                               | CUSIP: 000000000<br>LEI: 549300X5MNRWPMSM9N14 | Long             | DBT              | CORP              | CA        |     400000 | PA      | $356232.00     | 0.00%             | 2028-11-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GHM4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1900000 | PA      | $1837243.00    | 0.01%             | 2029-07-23      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                                         | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     500000 | PA      | $485145.00     | 0.00%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FX7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     249000 | PA      | $240349.74     | 0.00%             | 2027-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638DW9<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     700000 | PA      | $473473.00     | 0.00%             | 2072-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Koppers Inc                                                                      | Koppers Inc                                                                      | CUSIP: 500605AH3<br>LEI: LTO4ZL5EBDR1NE6FGJ36 | Long             | DBT              | CORP              | US        |     299000 | PA      | $296527.27     | 0.00%             | 2025-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162CT5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    1097000 | PA      | $1006705.93    | 0.00%             | 2027-02-21      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WAK4<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |      55000 | PA      | $55938.85      | 0.00%             | 2024-11-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                        | CUSIP: 682680BD4<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     193000 | PA      | $197886.76     | 0.00%             | 2026-01-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 059438AK7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2033000 | PA      | $2316949.11    | 0.01%             | 2027-04-29      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EAV1<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              | CORP              | US        |     234000 | PA      | $227443.32     | 0.00%             | 2025-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29268BAF8<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    1260000 | PA      | $1254103.20    | 0.01%             | 2039-10-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    2000000 | PA      | $1810380.00    | 0.01%             | 2047-10-11      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PROV ST JOSEPH HLTH OBL                                                          | Providence St Joseph Health Obligated Group                                      | CUSIP: 743820AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     101000 | PA      | $87155.93      | 0.00%             | 2029-10-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                                                          | Global Partners LP / GLP Finance Corp                                            | CUSIP: 37954FAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $235767.50     | 0.00%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AM7<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     162000 | PA      | $157979.16     | 0.00%             | 2026-02-13      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| UAE INT'L GOVT BOND                                                              | UAE INTERNATIONAL GOVERNMENT BOND                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |    1200000 | PA      | $1192476.00    | 0.01%             | 2032-07-07      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Ensign Drilling Inc                                                              | Ensign Drilling Inc                                                              | CUSIP: 29359NAA3<br>LEI: 549300MJ7RLJKQNMN618 | Long             | DBT              | CORP              | CA        |     255000 | PA      | $248528.10     | 0.00%             | 2024-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LEG0<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     475000 | PA      | $372419.00     | 0.00%             | 2030-08-27      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HMN7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1809000 | PA      | $1785048.84    | 0.01%             | 2025-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFL3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |      45000 | PA      | $41715.00      | 0.00%             | 2025-09-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     665000 | PA      | $488183.15     | 0.00%             | 2030-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133ACGR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   12890700 | PA      | $11383144.76   | 0.05%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 000000000<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $370020.00     | 0.00%             | 2025-06-03      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HKT Capital No 4 Ltd                                                             | HKT Capital No 4 Ltd                                                             | CUSIP: 000000000<br>LEI: 254900MLP05EG5KFTB45 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $559560.00     | 0.00%             | 2026-07-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDX7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    1235000 | PA      | $1053368.55    | 0.01%             | 2030-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GHU6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1332000 | PA      | $1191234.24    | 0.01%             | 2040-04-23      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| KOMMUNALBANKEN AS                                                                | Kommunalbanken AS                                                                | CUSIP: 50048MDA5<br>LEI: I7ETN0QQO2AHZZGHJ389 | Long             | DBT              | NUSS              | NO        |     699000 | PA      | $652537.47     | 0.00%             | 2024-10-21      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09256BAJ6<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     335000 | PA      | $309178.20     | 0.00%             | 2027-10-02      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RD55<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      57907 | PA      | $52464.24      | 0.00%             | 2045-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE                                                           | Westinghouse Air Brake Technologies Corp                                         | CUSIP: 960386AQ3<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |    1968000 | PA      | $1860724.32    | 0.01%             | 2025-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     430000 | PA      | $422625.50     | 0.00%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                                                  | Nordea Bank Abp                                                                  | CUSIP: 65559CAC5<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |     335000 | PA      | $316605.15     | 0.00%             | 2024-05-24      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                               | CUSIP: 207597EN1<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     735000 | PA      | $618708.30     | 0.00%             | 2031-07-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| COLBUN SA                                                                        | Colbun SA                                                                        | CUSIP: 000000000<br>LEI: 5493003VQJLE2QB8IF36 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $571176.00     | 0.00%             | 2027-10-11      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| GUANGZHOU DEV DISTRICT                                                           | Guangzhou Development District Holding Group Co Ltd                              | CUSIP: 000000000<br>LEI: 300300QQG6PN8Y25MV22 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $177980.00     | 0.00%             | 2027-01-19      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY US HLDG                                                         | Assured Guaranty US Holdings Inc                                                 | CUSIP: 04621WAD2<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |     155000 | PA      | $135532.00     | 0.00%             | 2031-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                     | CUSIP: 053332BC5<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    1015000 | PA      | $1012269.65    | 0.00%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    3600000 | PA      | $3475800.00    | 0.02%             | 2027-10-11      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                         | CUSIP: 25468PDF0<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |     977000 | PA      | $942511.90     | 0.00%             | 2025-09-17      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TDR3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     767000 | PA      | $735491.64     | 0.00%             | 2027-01-11      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAR9<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     184000 | PA      | $174200.16     | 0.00%             | 2043-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                 | CUSIP: 78355HKR9<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     420000 | PA      | $401381.40     | 0.00%             | 2025-09-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JAB3<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     300000 | PA      | $305055.00     | 0.00%             | 2025-11-26      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMLZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   27689407 | PA      | $24371691.57   | 0.12%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650CZ1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    4943000 | PA      | $4696986.89    | 0.02%             | 2048-03-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Petronas Capital Ltd                                                             | Petronas Capital Ltd                                                             | CUSIP: 000000000<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     800000 | PA      | $780664.00     | 0.00%             | 2025-03-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XBR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    7780347 | PA      | $7169982.92    | 0.03%             | 2052-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128285N6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   16800000 | PA      | $16336687.58   | 0.08%             | 2025-11-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     950000 | PA      | $815394.50     | 0.00%             | 2049-06-05      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp              | CUSIP: 87612BBG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     595000 | PA      | $581951.65     | 0.00%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370CS7<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     886000 | PA      | $734068.72     | 0.00%             | 2046-12-08      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254BS8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     740000 | PA      | $710274.20     | 0.00%             | 2031-04-01      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400HS5<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     200000 | PA      | $210594.00     | 0.00%             | 2027-11-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ER2G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     625969 | PA      | $608549.99     | 0.00%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                                                            | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     445000 | PA      | $430871.25     | 0.00%             | 2028-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DIB SUKUK LTD                                                                    | DIB Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300U3ZMUHC2JQLL56 | Long             | DBT              | CORP              | KY        |    1200000 | PA      | $1138608.00    | 0.01%             | 2026-01-16      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EZQ3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    1470000 | PA      | $1325381.40    | 0.01%             | 2026-04-27      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FTZQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     660000 | PA      | $556164.24     | 0.00%             | 2030-04-25      | Fixed         | 1.48%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAS2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    1455000 | PA      | $1211069.25    | 0.01%             | 2062-03-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| POWER FINANCE CORP LTD                                                           | Power Finance Corp Ltd                                                           | CUSIP: 73928RAB2<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |     600000 | PA      | $530316.00     | 0.00%             | 2030-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                                                           | Energizer Holdings Inc                                                           | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |     695000 | PA      | $602439.90     | 0.00%             | 2029-03-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FINANCE OF AMERICA FUNDI                                                         | Finance of America Funding LLC                                                   | CUSIP: 317386AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     235000 | PA      | $144454.50     | 0.00%             | 2025-11-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| SAUDI ELEC GLB SUKUK                                                             | Saudi Electricity Global Sukuk Co 5                                              | CUSIP: 000000000<br>LEI: 549300WDKWTRF2HVF283 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $373236.00     | 0.00%             | 2025-09-17      | Fixed         | 1.74%                 | No            |                  2 | On Loan: No      |
| TRIUMPH GROUP INC                                                                | Triumph Group Inc                                                                | CUSIP: 896818AQ4<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |     335000 | PA      | $323824.40     | 0.00%             | 2024-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D3G5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   50970053 | PA      | $43052468.73   | 0.21%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286BC0<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     200000 | PA      | $205246.02     | 0.00%             | 2024-09-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XXNN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      67037 | PA      | $68538.69      | 0.00%             | 2048-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                                                           | CenterPoint Energy Resources Corp                                                | CUSIP: 15189YAF3<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     735000 | PA      | $604927.05     | 0.00%             | 2030-10-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162DE7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     330000 | PA      | $298897.50     | 0.00%             | 2032-02-22      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| GC TREASURY CENTRE CO                                                            | GC Treasury Center Co Ltd                                                        | CUSIP: 36830DAC5<br>LEI: 549300LUFQBC2EQNAR40 | Long             | DBT              | CORP              | TH        |     400000 | PA      | $304928.00     | 0.00%             | 2051-03-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   18150000 | PA      | $16003195.31   | 0.08%             | 2048-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AEP Texas Inc                                                                    | AEP Texas Inc                                                                    | CUSIP: 00108WAF7<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     385000 | PA      | $302933.40     | 0.00%             | 2047-10-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJZP8<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      89190 | PA      | $87663.18      | 0.00%             | 2047-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                     | CUSIP: 615369AP0<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     155000 | PA      | $152264.25     | 0.00%             | 2029-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Thomson Reuters Corp                                                             | Thomson Reuters Corp                                                             | CUSIP: 884903AY1<br>LEI: 549300561UZND4C7B569 | Long             | DBT              | CORP              | CA        |     154000 | PA      | $154147.84     | 0.00%             | 2035-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                                                                | Lam Research Corp                                                                | CUSIP: 512807AS7<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |    1268000 | PA      | $1242893.60    | 0.01%             | 2026-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |    1400000 | PA      | $1212820.00    | 0.01%             | 2050-05-21      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| EMPRESA DE TRANSPORTE ME                                                         | Empresa de Transporte de Pasajeros Metro SA                                      | CUSIP: 000000000<br>LEI: 959800T4M5QUPYMSCH69 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $543216.00     | 0.00%             | 2050-05-07      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS                                                          | Surgery Center Holdings Inc                                                      | CUSIP: 86881WAD4<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |     409000 | PA      | $419359.97     | 0.00%             | 2027-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| ABBVIE INC                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YCZ0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     538000 | PA      | $506306.42     | 0.00%             | 2042-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LABL INC                                                                         | LABL Inc                                                                         | CUSIP: 50168AAA8<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |     475000 | PA      | $451715.50     | 0.00%             | 2027-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VFE9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1432000 | PA      | $1299797.76    | 0.01%             | 2030-03-22      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QFFJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2687669 | PA      | $2374168.01    | 0.01%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FXGQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     655812 | PA      | $649116.18     | 0.00%             | 2047-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV                                                          | European Bank for Reconstruction & Development                                   | CUSIP: 29874QAY0<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | XX        |    3470000 | PA      | $3314370.50    | 0.02%             | 2024-09-27      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| TAMPA ELECTRIC CO                                                                | Tampa Electric Co                                                                | CUSIP: 875127BG6<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |     170000 | PA      | $133079.40     | 0.00%             | 2050-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                                          | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    1000000 | PA      | $1005120.00    | 0.00%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| BANK OF CHINA/HONG KONG                                                          | Bank of China Ltd/Hong Kong                                                      | CUSIP: 000000000<br>LEI: 549300OGSFI8KL1WUU09 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $368976.00     | 0.00%             | 2025-06-24      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172AW9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     541000 | PA      | $455051.33     | 0.00%             | 2043-03-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TECK RESOURCES LIMITED                                                           | Teck Resources Ltd                                                               | CUSIP: 878742AE5<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | DBT              | CORP              | CA        |     363000 | PA      | $379727.04     | 0.00%             | 2035-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS                                                           | Discover Financial Services                                                      | CUSIP: 254709AP3<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |    1010000 | PA      | $998688.00     | 0.00%             | 2026-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VBA1<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |      60000 | PA      | $55770.00      | 0.00%             | 2027-03-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137H1YS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3500000 | PA      | $2930686.99    | 0.01%             | 2031-06-25      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Cargill Inc                                                                      | Cargill Inc                                                                      | CUSIP: 141781BK9<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |     125000 | PA      | $116270.00     | 0.00%             | 2029-05-23      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828Y95<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20000000 | PA      | $18771875.00   | 0.09%             | 2026-07-31      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DS5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1700000 | PA      | $1948183.00    | 0.01%             | 2033-11-03      | Fixed         | 8.11%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133A9NL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6240271 | PA      | $5293120.58    | 0.03%             | 2050-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PTTEP TREASURY CENTER CO                                                         | PTTEP Treasury Center Co Ltd                                                     | CUSIP: 000000000<br>LEI: 2549006WFOUPZX6TZG08 | Long             | DBT              | CORP              | TH        |     400000 | PA      | $291216.00     | 0.00%             | 2059-12-06      | Fixed         | 3.90%                 | No            |                  2 | On Loan: —       |
| DISH DBS CORP                                                                    | DISH DBS Corp                                                                    | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1850000 | PA      | $1594052.50    | 0.01%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                                            | NEW YORK ST URBAN DEV CORP REVENUE                                               | CUSIP: 6500358W1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     250000 | PA      | $239070.25     | 0.00%             | 2033-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BJ0<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |     649000 | PA      | $626583.54     | 0.00%             | 2025-11-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STRATHCONA RESOURCES                                                             | Strathcona Resources Ltd/Alberta                                                 | CUSIP: 86304TAA6<br>LEI: 549300YNIUISTSZMLF56 | Long             | DBT              | CORP              | CA        |     330000 | PA      | $284169.60     | 0.00%             | 2026-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513ECP4<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    1030000 | PA      | $759666.20     | 0.00%             | 2052-03-15      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967CC3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     720000 | PA      | $765900.00     | 0.00%             | 2033-10-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Consumers Energy Co                                                              | Consumers Energy Co                                                              | CUSIP: 210518DD5<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     230000 | PA      | $214596.90     | 0.00%             | 2049-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SEG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     679937 | PA      | $635649.47     | 0.00%             | 2046-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BU3<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     664000 | PA      | $544499.92     | 0.00%             | 2031-08-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAD6<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $1037360.40    | 0.00%             | 2025-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                           | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1250000 | PA      | $1200712.50    | 0.01%             | 2047-03-08      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MEDSTAR HEALTH INC                                                               | MedStar Health Inc                                                               | CUSIP: 58506YAS1<br>LEI: 549300ICFOCGDEPVJE31 | Long             | DBT              | CORP              | US        |     365000 | PA      | $278246.80     | 0.00%             | 2049-08-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL BANK OF DUBAI                                                         | Commercial Bank of Dubai PSC                                                     | CUSIP: 000000000<br>LEI: 2138002DQL2YD4S8HE87 | Long             | DBT              | CORP              | AE        |     400000 | PA      | $395332.00     | 0.00%             | 2026-04-21      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SRS DISTRIBUTION INC                                                             | SRS Distribution Inc                                                             | CUSIP: 78471RAD8<br>LEI: 549300ZQ3XP75BCYM468 | Long             | DBT              | CORP              | US        |     575000 | PA      | $491705.50     | 0.00%             | 2029-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF JORDAN                                                                | Jordan Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     400000 | PA      | $388396.00     | 0.00%             | 2025-07-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160CF9<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    1391000 | PA      | $1301294.41    | 0.01%             | 2037-03-03      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KCD0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4898.65       | 0.00%             | 2024-03-21      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABK2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     593000 | PA      | $599007.09     | 0.00%             | 2025-04-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                               | CUSIP: 78081BAL7<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     370000 | PA      | $275909.00     | 0.00%             | 2040-09-02      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                                                                | Hyatt Hotels Corp                                                                | CUSIP: 448579AH5<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |     450000 | PA      | $454212.00     | 0.00%             | 2025-04-23      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                        | CUSIP: 95709TAN0<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9332.90       | 0.00%             | 2026-07-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| FLOWSERVE CORPORATION                                                            | Flowserve Corp                                                                   | CUSIP: 34354PAF2<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | DBT              | CORP              | US        |     875000 | PA      | $764365.00     | 0.00%             | 2030-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                       | CUSIP: 80282KBE5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     525000 | PA      | $529005.75     | 0.00%             | 2026-09-09      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                                                         | FirstEnergy Transmission LLC                                                     | CUSIP: 33767BAB5<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     976000 | PA      | $955962.72     | 0.00%             | 2025-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                                                      | KeyBank NA/Cleveland OH                                                          | CUSIP: 49327M3F9<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |     500000 | PA      | $524000.00     | 0.00%             | 2027-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJTD0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     119020 | PA      | $111742.03     | 0.00%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599DK8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     250000 | PA      | $204625.00     | 0.00%             | 2044-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 064159VL7<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     565000 | PA      | $522088.25     | 0.00%             | 2025-06-11      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS                                                           | Federation des Caisses Desjardins du Quebec                                      | CUSIP: 31429KAG8<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |     500000 | PA      | $493085.00     | 0.00%             | 2025-08-23      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                               | CUSIP: 03740LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     660000 | PA      | $541675.20     | 0.00%             | 2031-08-23      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XBD5<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $599328.00     | 0.00%             | 2061-04-22      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                            | Nabors Industries Inc                                                            | CUSIP: 62957HAH8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     277000 | PA      | $281603.74     | 0.00%             | 2025-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795HK9<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     272000 | PA      | $296596.96     | 0.00%             | 2036-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UBY4<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     155000 | PA      | $149723.80     | 0.00%             | 2054-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                                                        | GATX Corp                                                                        | CUSIP: 361448BG7<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     176000 | PA      | $136778.40     | 0.00%             | 2031-06-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EW9<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    1000000 | PA      | $879450.00     | 0.00%             | 2028-11-20      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Republic of Angola                                                               | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     600000 | PA      | $626142.00     | 0.00%             | 2025-11-12      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 26138EAT6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     345000 | PA      | $314881.50     | 0.00%             | 2045-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                                  | AstraZeneca PLC                                                                  | CUSIP: 046353AZ1<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |     745000 | PA      | $567406.90     | 0.00%             | 2051-05-28      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HONG KONG                                                                        | Hong Kong Government International Bond                                          | CUSIP: 43858AAG5<br>LEI: 549300DSMAD69T7GGN13 | Long             | DBT              | NUSS              | HK        |     800000 | PA      | $820744.00     | 0.00%             | 2028-01-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                                                            | Keysight Technologies Inc                                                        | CUSIP: 49338LAB9<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |     181000 | PA      | $180134.82     | 0.00%             | 2024-10-30      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION MERGER SUB                                                         | Constellation Merger Sub Inc                                                     | CUSIP: 210374AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     325000 | PA      | $281459.75     | 0.00%             | 2025-09-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBY6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     697000 | PA      | $670123.68     | 0.00%             | 2027-02-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| VICTORIA'S SECRET & CO                                                           | Victoria's Secret & Co                                                           | CUSIP: 926400AA0<br>LEI: 5493006T3O70U3UWVF17 | Long             | DBT              | CORP              | US        |     455000 | PA      | $378327.95     | 0.00%             | 2029-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DYX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4875100 | PA      | $4122355.73    | 0.02%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TRI POINTE HOMES INC                                                             | Tri Pointe Homes Inc                                                             | CUSIP: 87265HAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     245000 | PA      | $229856.55     | 0.00%             | 2028-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                      | CUSIP: 87612EBK1<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     482000 | PA      | $428917.34     | 0.00%             | 2030-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAC8<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |     656000 | PA      | $643621.28     | 0.00%             | 2026-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ4F4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      55865 | PA      | $57116.25      | 0.00%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                                            | Continental Resources Inc/OK                                                     | CUSIP: 212015AV3<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     495000 | PA      | $387090.00     | 0.00%             | 2032-04-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS INTL PL                                                         | Johnson Controls International plc                                               | CUSIP: 478375AH1<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | IE        |     259000 | PA      | $282628.57     | 0.00%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                                             | Western Digital Corp                                                             | CUSIP: 958102AR6<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |     505000 | PA      | $387769.30     | 0.00%             | 2032-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust LP                                                          | Digital Realty Trust LP                                                          | CUSIP: 25389JAT3<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              |  | US        |     583000 | PA      | $565550.81     | 0.00%             | 2028-07-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WKTU9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      49800 | PA      | $46236.65      | 0.00%             | 2047-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS                                                         | MPH Acquisition Holdings LLC                                                     | CUSIP: 553283AC6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     925000 | PA      | $671809.00     | 0.00%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPK55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   16682835 | PA      | $16486012.89   | 0.08%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                            | Vale Overseas Ltd                                                                | CUSIP: 91911TAK9<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |     695000 | PA      | $765764.90     | 0.00%             | 2039-11-10      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                                                         | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |     635000 | PA      | $547166.80     | 0.00%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818FC7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     180000 | PA      | $164484.00     | 0.00%             | 2049-03-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                         | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RAR3<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |     370000 | PA      | $387834.00     | 0.00%             | 2037-01-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| AFRICA FINANCE CORP                                                              | Africa Finance Corp                                                              | CUSIP: 000000000<br>LEI: 213800LXFHRRXIJRXW97 | Long             | DBT              | NUSS              | XX        |     665000 | PA      | $636065.85     | 0.00%             | 2026-04-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Ovintiv Inc                                                                      | Ovintiv Inc                                                                      | CUSIP: 698900AG2<br>LEI: CZ72ZHBVKZXQRV3XFE26 | Long             | DBT              | CORP              | US        |     305000 | PA      | $332840.40     | 0.00%             | 2031-11-01      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAS2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    1080000 | PA      | $1025524.80    | 0.00%             | 2028-03-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                                         | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     410000 | PA      | $393136.70     | 0.00%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                 | CUSIP: 026874DK0<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     205000 | PA      | $199860.65     | 0.00%             | 2028-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DG1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     600000 | PA      | $602904.00     | 0.00%             | 2028-08-11      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                                                              | Ecuador Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    2134698 | PA      | $903617.66     | 0.00%             | 2040-07-31      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 96950FAQ7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     465000 | PA      | $456137.10     | 0.00%             | 2025-01-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae                                                                       | CUSIP: 21H042620<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   15481000 | PA      | $15369730.31   | 0.07%             | 2053-02-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664BV2<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     115000 | PA      | $110723.15     | 0.00%             | 2043-05-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                                                            | Novartis Capital Corp                                                            | CUSIP: 66989HAN8<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    1108000 | PA      | $1067413.96    | 0.01%             | 2027-05-17      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AM5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     766000 | PA      | $570838.52     | 0.00%             | 2050-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE BANKING                                                          | Oversea-Chinese Banking Corp Ltd                                                 | CUSIP: 69033CAD1<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |    2985000 | PA      | $2724260.25    | 0.01%             | 2030-09-10      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                               | Panama Government International Bond                                             | CUSIP: 698299AW4<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1300000 | PA      | $1410500.00    | 0.01%             | 2036-01-26      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| SPECTRUM BRANDS INC                                                              | Spectrum Brands Inc                                                              | CUSIP: 84762LAV7<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |     270000 | PA      | $238847.40     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                                           | Anglo American Capital PLC                                                       | CUSIP: 000000000<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     560000 | PA      | $476459.20     | 0.00%             | 2030-09-10      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XJH48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2656294 | PA      | $2489877.35    | 0.01%             | 2037-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Inc                                                              | Harley-Davidson Inc                                                              | CUSIP: 412822AD0<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | DBT              | CORP              | US        |     427000 | PA      | $409066.00     | 0.00%             | 2025-07-28      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CER8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   54000000 | PA      | $52525546.74   | 0.25%             | 2024-05-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BCPE ULYSSES INTERMEDIAT                                                         | BCPE Ulysses Intermediate Inc                                                    | CUSIP: 05553LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     300000 | PA      | $223986.00     | 0.00%             | 2027-04-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                                                            | Novartis Capital Corp                                                            | CUSIP: 66989HAS7<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     631000 | PA      | $472890.33     | 0.00%             | 2050-08-14      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                      | CUSIP: 38122ND58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     385000 | PA      | $308147.07     | 0.00%             | 2041-06-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6NW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5826024 | PA      | $5476727.36    | 0.03%             | 2035-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967NQ0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     615000 | PA      | $607669.20     | 0.00%             | 2025-05-24      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JP0<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    2293000 | PA      | $2151086.23    | 0.01%             | 2024-09-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                | CUSIP: 20826FBC9<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |    2179000 | PA      | $1939266.42    | 0.01%             | 2042-03-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| KLA Corp                                                                         | KLA Corp                                                                         | CUSIP: 482480AH3<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |     521000 | PA      | $518254.33     | 0.00%             | 2049-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TLT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     738601 | PA      | $728619.74     | 0.00%             | 2047-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DELHI INTL AIRPORT                                                               | Delhi International Airport Ltd                                                  | CUSIP: 000000000<br>LEI: 335800HBF5DARYMEUD12 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $388168.00     | 0.00%             | 2026-10-31      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| USI Inc/NY                                                                       | USI Inc/NY                                                                       | CUSIP: 91739VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     439000 | PA      | $436840.12     | 0.00%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAJ5<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     382000 | PA      | $336095.06     | 0.00%             | 2049-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523CK4<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    1285000 | PA      | $974762.45     | 0.00%             | 2050-03-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| OCEAN LAUREL CO LTD                                                              | Ocean Laurel Co Ltd                                                              | CUSIP: 000000000<br>LEI: 300300R2QRRSUO439N33 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $361024.00     | 0.00%             | 2025-10-20      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                                              | Dollar General Corp                                                              | CUSIP: 256677AK1<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     465000 | PA      | $465520.80     | 0.00%             | 2027-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC BOR ESC                                                         | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     360000 | PA      | $312037.20     | 0.00%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109BE3<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    1045000 | PA      | $1042053.10    | 0.00%             | 2025-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                                                              | LSEGA Financing PLC                                                              | CUSIP: 50220PAE3<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |     280000 | PA      | $222941.60     | 0.00%             | 2041-04-06      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION CO LLC                                                          | AEP Transmission Co LLC                                                          | CUSIP: 00115AAP4<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     465000 | PA      | $443103.15     | 0.00%             | 2052-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8M34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     353612 | PA      | $341836.17     | 0.00%             | 2032-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                    | TransDigm Inc                                                                    | CUSIP: 893647BB2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     680000 | PA      | $671520.40     | 0.00%             | 2026-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                                              | Macquarie Group Ltd                                                              | CUSIP: 55608JBA5<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     658000 | PA      | $608834.24     | 0.00%             | 2025-10-14      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 084659BE0<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     395000 | PA      | $371339.50     | 0.00%             | 2053-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 084659AD3<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     470000 | PA      | $459993.70     | 0.00%             | 2025-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HK2<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     656000 | PA      | $596887.84     | 0.00%             | 2048-03-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                | CUSIP: 20826FAC0<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |     678000 | PA      | $634214.76     | 0.00%             | 2044-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                                                                  | DAE Funding LLC                                                                  | CUSIP: 000000000<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |     800000 | PA      | $725008.00     | 0.00%             | 2028-03-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| RAK Capital                                                                      | RAK Capital                                                                      | CUSIP: 000000000<br>LEI: 549300F0KUUDMGB5G459 | Long             | DBT              | NUSS              | KY        |     600000 | PA      | $583902.00     | 0.00%             | 2025-03-31      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBH7<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     277000 | PA      | $236798.99     | 0.00%             | 2030-06-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167FP3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     655000 | PA      | $637269.15     | 0.00%             | 2027-08-20      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAL2<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     970000 | PA      | $931917.80     | 0.00%             | 2024-09-10      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                        | CUSIP: 031162CJ7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    1112000 | PA      | $1045435.68    | 0.01%             | 2026-08-19      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| AID-ISRAEL                                                                       | Israel Government AID Bond                                                       | CUSIP: 46513EFF4<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     250000 | PA      | $250627.50     | 0.00%             | 2023-09-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY PART LP/FIN CO                                                         | NGL Energy Partners LP / NGL Energy Finance Corp                                 | CUSIP: 62913TAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     270000 | PA      | $239625.00     | 0.00%             | 2025-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| LD HOLDINGS GROUP LLC                                                            | LD Holdings Group LLC                                                            | CUSIP: 521088AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     355000 | PA      | $231179.55     | 0.00%             | 2028-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ADVENTHEALTH OBL GRP                                                             | AdventHealth Obligated Group                                                     | CUSIP: 00778XAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     111000 | PA      | $76022.79      | 0.00%             | 2051-11-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756BX7<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    2275000 | PA      | $2368616.25    | 0.01%             | 2026-04-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| Intesa Sanpaolo SpA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBD8<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     455000 | PA      | $414527.75     | 0.00%             | 2028-01-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VITAL ENERGY INC                                                                 | Vital Energy Inc                                                                 | CUSIP: 516806AH9<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     260000 | PA      | $239925.40     | 0.00%             | 2029-07-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AQ2<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     936000 | PA      | $920125.44     | 0.00%             | 2025-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| DANA INC                                                                         | Dana Inc                                                                         | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     260000 | PA      | $220454.00     | 0.00%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BV7<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     850000 | PA      | $908973.00     | 0.00%             | 2040-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAG9<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     706000 | PA      | $676411.54     | 0.00%             | 2026-11-21      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385AG6<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     266000 | PA      | $269681.44     | 0.00%             | 2035-02-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CHINA RESOURCES LAND LTD                                                         | China Resources Land Ltd                                                         | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | DBT              | CORP              | KY        |    1400000 | PA      | $1350692.00    | 0.01%             | 2024-12-09      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 292480AL4<br>LEI: 549300TLGDBYE711G509 | Long             | DBT              | CORP              | US        |     622000 | PA      | $614927.86     | 0.00%             | 2028-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF MOZAMBIQUE                                                           | Mozambique International Bond                                                    | CUSIP: 000000000<br>LEI: 213800759WLKYIKPER73 | Long             | DBT              | NUSS              | MZ        |     600000 | PA      | $482418.00     | 0.00%             | 2031-09-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VDN7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   13499631 | PA      | $12541190.79   | 0.06%             | 2050-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132A9U21<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     439335 | PA      | $432553.87     | 0.00%             | 2033-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                         | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBJ0<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |    1059000 | PA      | $1048833.60    | 0.01%             | 2025-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                                                      | KeyBank NA/Cleveland OH                                                          | CUSIP: 49327V2B9<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |     709000 | PA      | $655747.01     | 0.00%             | 2029-04-13      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    3212000 | PA      | $2646463.16    | 0.01%             | 2032-03-15      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| MASHREQBANK PSC                                                                  | Mashreqbank PSC                                                                  | CUSIP: 000000000<br>LEI: 5493000SA3K24EQKA103 | Long             | DBT              | CORP              | AE        |     400000 | PA      | $394288.00     | 0.00%             | 2024-02-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DP9<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     460000 | PA      | $410255.60     | 0.00%             | 2027-01-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: —       |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BL2<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |    1117000 | PA      | $1119457.40    | 0.01%             | 2046-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                                                         | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |     200000 | PA      | $189360.00     | 0.00%             | 2029-01-11      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Kite Realty Group LP                                                             | Kite Realty Group LP                                                             | CUSIP: 49803XAA1<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              |  | US        |     190000 | PA      | $178448.00     | 0.00%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAISSE D'AMORT DETTE SOC                                                         | Caisse d'Amortissement de la Dette Sociale                                       | CUSIP: 12802D2A3<br>LEI: 969500P04DQJS4BPM574 | Long             | DBT              | NUSS              | FR        |     420000 | PA      | $380734.20     | 0.00%             | 2025-09-23      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FXFM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     486199 | PA      | $480531.00     | 0.00%             | 2057-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL FINANCIAL                                                          | Fidelity National Financial Inc                                                  | CUSIP: 31620RAK1<br>LEI: 549300CAZYIH39SYQ287 | Long             | DBT              | CORP              | US        |     533000 | PA      | $432215.03     | 0.00%             | 2031-03-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PAF3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1926000 | PA      | $1824576.84    | 0.01%             | 2028-05-01      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| CAMELOT RETURN MERGER SU                                                         | Camelot Return Merger Sub Inc                                                    | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     520000 | PA      | $488904.00     | 0.00%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668BF8<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |     145000 | PA      | $132157.35     | 0.00%             | 2030-05-13      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     800000 | PA      | $808656.00     | 0.00%             | 2029-09-20      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| POTOMAC ELECTRIC POWER                                                           | Potomac Electric Power Co                                                        | CUSIP: 737679DB3<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |     230000 | PA      | $264960.00     | 0.00%             | 2037-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                                                            | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAA5<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     460000 | PA      | $429046.60     | 0.00%             | 2025-10-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |    1065000 | PA      | $978277.05     | 0.00%             | 2029-11-12      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                     | CUSIP: 65473QBC6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     485000 | PA      | $461186.50     | 0.00%             | 2044-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJYD6<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       8151 | PA      | $8011.48       | 0.00%             | 2046-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123CF6<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     688000 | PA      | $562880.32     | 0.00%             | 2049-09-19      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FL3<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     425000 | PA      | $368955.25     | 0.00%             | 2043-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128285M8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    8500000 | PA      | $8284179.73    | 0.04%             | 2028-11-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| MET TOWER GLOBAL FUNDING                                                         | Met Tower Global Funding                                                         | CUSIP: 58989V2D5<br>LEI: 635400OFJCY9IOGBGY57 | Long             | DBT              | CORP              | US        |     205000 | PA      | $181507.00     | 0.00%             | 2026-09-14      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GGA1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1348000 | PA      | $1285762.84    | 0.01%             | 2027-10-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29278NAH6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     705000 | PA      | $699226.05     | 0.00%             | 2024-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 26444HAH4<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     495000 | PA      | $438956.10     | 0.00%             | 2029-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7JK4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     120632 | PA      | $118373.39     | 0.00%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FG4<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     622000 | PA      | $875931.50     | 0.00%             | 2038-11-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Oglethorpe Power Corp                                                            | Oglethorpe Power Corp                                                            | CUSIP: 677050AG1<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |     505000 | PA      | $519170.30     | 0.00%             | 2039-11-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QN4A7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19174718 | PA      | $17417006.71   | 0.08%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MV24 CAPITAL BV                                                                  | MV24 Capital BV                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     685200 | PA      | $651584.09     | 0.00%             | 2034-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp                                                                    | DISH DBS Corp                                                                    | CUSIP: 25470XAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1945000 | PA      | $1836527.35    | 0.01%             | 2024-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NGPL PipeCo LLC                                                                  | NGPL PipeCo LLC                                                                  | CUSIP: 62912XAF1<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |     643000 | PA      | $627645.16     | 0.00%             | 2027-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Orange SA                                                                        | Orange SA                                                                        | CUSIP: 35177PAX5<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |     810000 | PA      | $846482.40     | 0.00%             | 2042-01-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2Z5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1945000 | PA      | $1814198.75    | 0.01%             | 2053-04-25      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| RONGSHI INTERNATIONAL FI                                                         | Rongshi International Finance Ltd                                                | CUSIP: 000000000<br>LEI: 5493002NOQBAWLD8YZ55 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $182272.00     | 0.00%             | 2025-11-05      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| KBC GROUP NV                                                                     | KBC Group NV                                                                     | CUSIP: 48241FAB0<br>LEI: 213800X3Q9LSAKRUWY91 | Long             | DBT              | CORP              | BE        |    1090000 | PA      | $1105837.70    | 0.01%             | 2029-01-19      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                | CUSIP: 04010LAX1<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     721000 | PA      | $709002.56     | 0.00%             | 2024-06-10      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VCR3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     681000 | PA      | $667441.29     | 0.00%             | 2024-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                              | CUSIP: 025816CS6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     825000 | PA      | $765261.75     | 0.00%             | 2027-03-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                                                           | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AP5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1006110.00    | 0.00%             | 2026-01-16      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK SIX                                                               | CBB International Sukuk Co 6 Spc                                                 | CUSIP: 000000000<br>LEI: 549300P2F38IW8F2KB46 | Long             | DBT              | NUSS              | BH        |     800000 | PA      | $800328.00     | 0.00%             | 2025-03-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SYNOVUS FINANCIAL CORP                                                           | Synovus Financial Corp                                                           | CUSIP: 87161CAN5<br>LEI: 549300EIUS8UN5JTLE54 | Long             | DBT              | CORP              | US        |     215000 | PA      | $214662.45     | 0.00%             | 2025-08-11      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FG9<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     910000 | PA      | $866856.90     | 0.00%             | 2027-03-25      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                       | CUSIP: 244199BK0<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     700000 | PA      | $635838.00     | 0.00%             | 2050-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                | CUSIP: 478160CP7<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     563000 | PA      | $495282.36     | 0.00%             | 2027-09-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                                         | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     365000 | PA      | $374515.55     | 0.00%             | 2026-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AmerisourceBergen Corp                                                           | AmerisourceBergen Corp                                                           | CUSIP: 03073EAL9<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |     705000 | PA      | $691344.15     | 0.00%             | 2024-05-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                                                               | Howard Hughes Corp/The                                                           | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     435000 | PA      | $362124.45     | 0.00%             | 2031-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 94974BGQ7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1352000 | PA      | $1282777.60    | 0.01%             | 2045-11-17      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VDC5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     883000 | PA      | $766320.38     | 0.00%             | 2046-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MCC HOLDING HK CORP LTD                                                          | MCC Holding Hong Kong Corp Ltd                                                   | CUSIP: 000000000<br>LEI: 3003003MYAMH4UDT1B96 | Long             | DBT              | CORP              | HK        |     600000 | PA      | $582624.00     | 0.00%             | 2024-04-20      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE FINANCIAL SER                                                         | Nationwide Financial Services Inc                                                | CUSIP: 638612AL5<br>LEI: 5493001H7AZNDS6BKJ36 | Long             | DBT              | CORP              | US        |     758000 | PA      | $700407.16     | 0.00%             | 2044-11-18      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7XS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     449779 | PA      | $433801.97     | 0.00%             | 2044-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GLOBO COMMUNICACOES PART                                                         | Globo Comunicacao e Participacoes SA                                             | CUSIP: 000000000<br>LEI: 52990054HEKS017PVR75 | Long             | DBT              | CORP              | BR        |     400000 | PA      | $340916.00     | 0.00%             | 2030-01-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BC20<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     225573 | PA      | $211119.20     | 0.00%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAW2<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |     755000 | PA      | $631210.20     | 0.00%             | 2057-12-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| INDOFOOD CBP SUKSES MAKM                                                         | Indofood CBP Sukses Makmur Tbk PT                                                | CUSIP: 000000000<br>LEI: 254900YKZW9GRKZZN285 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $313332.00     | 0.00%             | 2051-06-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SYNEOS HEALTH INC                                                                | Syneos Health Inc                                                                | CUSIP: 87166BAA0<br>LEI: 549300F1ZGKDS8P6GU13 | Long             | DBT              | CORP              | US        |     470000 | PA      | $380173.60     | 0.00%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 925524AX8<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     732000 | PA      | $749912.04     | 0.00%             | 2036-04-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                              | CUSIP: 316773DD9<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     505000 | PA      | $455181.75     | 0.00%             | 2027-11-01      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| BAPTIST HLTH SFL OBL GR                                                          | Baptist Health South Florida Obligated Group                                     | CUSIP: 066836AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       5000 | PA      | $3143.95       | 0.00%             | 2071-11-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| AEROPUERTO INTL TOCUMEN                                                          | Aeropuerto Internacional de Tocumen SA                                           | CUSIP: 000000000<br>LEI: 254900FO1PHX49ZIGB14 | Long             | DBT              | CORP              | PA        |    1000000 | PA      | $811830.00     | 0.00%             | 2061-08-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448FM5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     940000 | PA      | $918464.60     | 0.00%             | 2032-07-18      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |      50000 | PA      | $3266.00       | 0.00%             | 2028-11-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HORMEL FOODS CORP                                                                | Hormel Foods Corp                                                                | CUSIP: 440452AH3<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |     327000 | PA      | $290320.41     | 0.00%             | 2028-06-03      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBP9<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     540000 | PA      | $529426.80     | 0.00%             | 2027-04-02      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 539439AQ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    1369000 | PA      | $1279946.55    | 0.01%             | 2028-11-07      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| HIGHMARK INC                                                                     | Highmark Inc                                                                     | CUSIP: 431116AD4<br>LEI: 549300B6868ZXXEB2Y57 | Long             | DBT              | CORP              | US        |     885000 | PA      | $793384.80     | 0.00%             | 2026-05-10      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BJ4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    2098000 | PA      | $1903976.96    | 0.01%             | 2047-08-22      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEM0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     400000 | PA      | $403992.00     | 0.00%             | 2024-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nevada Power Co                                                                  | Nevada Power Co                                                                  | CUSIP: 641423CC0<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |     875000 | PA      | $841898.75     | 0.00%             | 2029-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBR5<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    1163000 | PA      | $999610.13     | 0.00%             | 2028-03-25      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAB5<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |     994000 | PA      | $871549.14     | 0.00%             | 2049-07-29      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162DG2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     625000 | PA      | $536162.50     | 0.00%             | 2062-02-22      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                               | CUSIP: 032654AX3<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |     505000 | PA      | $371079.05     | 0.00%             | 2051-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MAF GLOBAL SECURITIES                                                            | MAF Global Securities Ltd                                                        | CUSIP: 000000000<br>LEI: 54930037VUDNYTS17017 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $416088.00     | 0.00%             | 2027-06-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   26000000 | PA      | $19707187.50   | 0.09%             | 2049-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                                                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AK7<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |    1106000 | PA      | $1064657.72    | 0.01%             | 2026-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HBZ7<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     520000 | PA      | $513078.80     | 0.00%             | 2025-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBR6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     980000 | PA      | $879746.00     | 0.00%             | 2028-06-01      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    2400000 | PA      | $1861248.00    | 0.01%             | 2060-01-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UKX9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3329607 | PA      | $3283716.09    | 0.02%             | 2049-01-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                            | Tennessee Valley Authority                                                       | CUSIP: 880591DM1<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |     145000 | PA      | $173096.65     | 0.00%             | 2030-05-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAL5<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     923000 | PA      | $875419.35     | 0.00%             | 2026-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                                            | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     300000 | PA      | $293898.00     | 0.00%             | 2032-04-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBT1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     540000 | PA      | $525857.40     | 0.00%             | 2032-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123CD1<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     240000 | PA      | $233534.40     | 0.00%             | 2044-05-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| LSB INDUSTRIES                                                                   | LSB Industries Inc                                                               | CUSIP: 502160AN4<br>LEI: 5493001H215A0HG0MI71 | Long             | DBT              | CORP              | US        |     460000 | PA      | $414492.20     | 0.00%             | 2028-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                                                          | Grand Canyon University                                                          | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     305000 | PA      | $289100.35     | 0.00%             | 2028-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFG9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     310000 | PA      | $306056.80     | 0.00%             | 2044-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VGC2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    2158000 | PA      | $1637835.68    | 0.01%             | 2061-03-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ET6Y7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       8614 | PA      | $8329.02       | 0.00%             | 2031-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL ISSR TR                                                         | Midcap Financial Issuer Trust                                                    | CUSIP: 59567LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     705000 | PA      | $621309.45     | 0.00%             | 2028-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHINA CINDA FINANCE 2015                                                         | China Cinda Finance 2015 I Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     400000 | PA      | $388552.00     | 0.00%             | 2025-04-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENA MASTER TRUST                                                                 | ENA Master Trust                                                                 | CUSIP: 000000000<br>LEI: 549300CBCHB6Q73VG753 | Long             | DBT              | CORP              | PA        |     200000 | PA      | $156566.00     | 0.00%             | 2048-05-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X8NS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     809265 | PA      | $737820.72     | 0.00%             | 2035-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                                                                 | Genuine Parts Co                                                                 | CUSIP: 372460AA3<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |     145000 | PA      | $115304.00     | 0.00%             | 2030-11-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics Inc                                                             | Verisk Analytics Inc                                                             | CUSIP: 92345YAE6<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     399000 | PA      | $401238.39     | 0.00%             | 2045-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128285Z9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   69500000 | PA      | $67979687.50   | 0.33%             | 2024-01-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                 | CUSIP: 78355HKP3<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     438000 | PA      | $405697.50     | 0.00%             | 2026-12-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                                              | Macquarie Group Ltd                                                              | CUSIP: 55608JBG2<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     485000 | PA      | $483569.25     | 0.00%             | 2033-11-09      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| NPC UKRENERGO                                                                    | NPC Ukrenergo                                                                    | CUSIP: 000000000<br>LEI: 8945009LCLS92V4AK321 | Long             | DBT              | CORP              | UA        |     600000 | PA      | $104550.00     | 0.00%             | 2028-11-09      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                                                               | Howard Hughes Corp/The                                                           | CUSIP: 44267DAD9<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     625000 | PA      | $579512.50     | 0.00%             | 2028-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD                                                                      | Bacardi Ltd                                                                      | CUSIP: 000000000<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |     376000 | PA      | $368220.56     | 0.00%             | 2028-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPK48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5869914 | PA      | $5670960.27    | 0.03%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABN4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1812000 | PA      | $1305020.52    | 0.01%             | 2051-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SABIC Capital II BV                                                              | SABIC Capital II BV                                                              | CUSIP: 000000000<br>LEI: 2138005PCUTH59D4RJ83 | Long             | DBT              | CORP              | NL        |     600000 | PA      | $597342.00     | 0.00%             | 2028-10-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE                                                             | Raizen Fuels Finance SA                                                          | CUSIP: 000000000<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |     600000 | PA      | $589062.00     | 0.00%             | 2027-01-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PDA1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2170000 | PA      | $2122563.80    | 0.01%             | 2028-04-26      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     330000 | PA      | $197310.30     | 0.00%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL                                                            | TotalEnergies Capital International SA                                           | CUSIP: 89153VAT6<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    1240000 | PA      | $1130570.00    | 0.01%             | 2030-01-10      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| NIKE INC                                                                         | NIKE Inc                                                                         | CUSIP: 654106AL7<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |    1335000 | PA      | $1144962.75    | 0.01%             | 2040-03-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc                                                             | Freeport-McMoRan Inc                                                             | CUSIP: 35671DBC8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    1165000 | PA      | $1133545.00    | 0.01%             | 2043-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Banco General SA                                                                 | Banco General SA                                                                 | CUSIP: 000000000<br>LEI: 549300B5C08LGDFB7205 | Long             | DBT              | CORP              | PA        |     400000 | PA      | $383588.00     | 0.00%             | 2027-08-07      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| Bombardier Inc                                                                   | Bombardier Inc                                                                   | CUSIP: 097751AL5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     335000 | PA      | $342202.50     | 0.00%             | 2034-05-01      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| Vector Group Ltd                                                                 | Vector Group Ltd                                                                 | CUSIP: 92240MBJ6<br>LEI: 549300TUIF4WWN6NDN50 | Long             | DBT              | CORP              | US        |     355000 | PA      | $357371.40     | 0.00%             | 2026-11-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| WRKCo Inc                                                                        | WRKCo Inc                                                                        | CUSIP: 96145DAH8<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     265000 | PA      | $253456.60     | 0.00%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                           | UNIV OF TEXAS TX PERMANENT UNIV FND                                              | CUSIP: 9151158F9<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |     120000 | PA      | $99908.76      | 0.00%             | 2047-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust                                                    | UBS Commercial Mortgage Trust 2018-C8                                            | CUSIP: 90276VAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     875000 | PA      | $841591.02     | 0.00%             | 2051-02-15      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ACB9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    2074000 | PA      | $1762028.92    | 0.01%             | 2031-02-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT BANK OF KAZA                                                         | Development Bank of Kazakhstan JSC                                               | CUSIP: 000000000<br>LEI: 213800LCDPGJ1BI7KX98 | Long             | DBT              | CORP              | KZ        |     200000 | PA      | $201204.00     | 0.00%             | 2025-05-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MEMORIAL HEALTH SERVICES                                                         | Memorial Health Services                                                         | CUSIP: 58601VAC6<br>LEI: 549300FTIZOMIONZZ882 | Long             | DBT              | CORP              | US        |     404000 | PA      | $317236.96     | 0.00%             | 2049-11-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2018-B5 Mortgage Trust                                                 | CUSIP: 08160BAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     750000 | PA      | $731232.47     | 0.00%             | 2051-07-15      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| HONG KONG                                                                        | Hong Kong Government International Bond                                          | CUSIP: 000000000<br>LEI: 549300DSMAD69T7GGN13 | Long             | DBT              | NUSS              | HK        |     400000 | PA      | $336196.00     | 0.00%             | 2031-11-24      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO                                                                     | Evergy Metro Inc                                                                 | CUSIP: 485134BQ2<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |     291000 | PA      | $254432.94     | 0.00%             | 2047-06-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VANKE REAL ESTATE HK                                                             | Vanke Real Estate Hong Kong Co Ltd                                               | CUSIP: 000000000<br>LEI: 25490078APAXS5NZGF08 | Long             | DBT              | CORP              | HK        |     600000 | PA      | $594588.00     | 0.00%             | 2024-03-11      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7VR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      53996 | PA      | $54149.53      | 0.00%             | 2047-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BH4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     380000 | PA      | $373505.80     | 0.00%             | 2039-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAT5<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     365000 | PA      | $336037.25     | 0.00%             | 2049-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                                                            | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |     400000 | PA      | $136780.00     | 0.00%             | 2024-06-28      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ETQP4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     116671 | PA      | $115135.11     | 0.00%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                           | CUSIP: 40434LAM7<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     450000 | PA      | $447282.00     | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HENAN RAILWAY INV                                                                | Henan Railway Construction & Investment Group Co Ltd                             | CUSIP: 000000000<br>LEI: 300300EX8HF061VKMX60 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $183538.00     | 0.00%             | 2025-01-26      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL                                                         | Jackson National Life Global Funding                                             | CUSIP: 46849LSS1<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |     145000 | PA      | $142421.90     | 0.00%             | 2024-01-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                                                              | Silgan Holdings Inc                                                              | CUSIP: 827048AX7<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |     360000 | PA      | $321926.40     | 0.00%             | 2026-04-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| BEACON ROOFING SUPPLY IN                                                         | Beacon Roofing Supply Inc                                                        | CUSIP: 073685AH2<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |     285000 | PA      | $245575.95     | 0.00%             | 2029-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN FINANCIAL GROUP                                                         | American Financial Group Inc/OH                                                  | CUSIP: 025932AP9<br>LEI: 549300AFOM7IVKIU1G39 | Long             | DBT              | CORP              | US        |     175000 | PA      | $178223.50     | 0.00%             | 2030-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6BW9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5999443 | PA      | $5457739.36    | 0.03%             | 2037-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3617B5CZ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     269010 | PA      | $258781.81     | 0.00%             | 2047-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Waste Connections Inc                                                            | Waste Connections Inc                                                            | CUSIP: 941053AJ9<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |    1142000 | PA      | $1072714.86    | 0.01%             | 2029-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC                                                         | Allison Transmission Inc                                                         | CUSIP: 019736AG2<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |     785000 | PA      | $667932.95     | 0.00%             | 2031-01-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Republic of Angola                                                               | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    1400000 | PA      | $1328194.00    | 0.01%             | 2028-05-09      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                                                    | LGI Homes Inc                                                                    | CUSIP: 50187TAF3<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |     205000 | PA      | $166015.15     | 0.00%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D7E6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   17539626 | PA      | $14793260.80   | 0.07%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                              | CUSIP: 025816DB2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     985000 | PA      | $1042179.25    | 0.00%             | 2027-11-05      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EWR6<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     270000 | PA      | $275788.80     | 0.00%             | 2028-01-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ACI Worldwide Inc                                                                | ACI Worldwide Inc                                                                | CUSIP: 004498AB7<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | DBT              | CORP              | US        |     220000 | PA      | $217916.60     | 0.00%             | 2026-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                                             | Garda World Security Corp                                                        | CUSIP: 36485MAK5<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     385000 | PA      | $352282.70     | 0.00%             | 2027-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828YH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20000000 | PA      | $19085937.60   | 0.09%             | 2024-09-30      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SBL6<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     990000 | PA      | $770764.50     | 0.00%             | 2032-02-04      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAA4<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |      91000 | PA      | $81300.31      | 0.00%             | 2043-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 539439AW9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     805000 | PA      | $919648.10     | 0.00%             | 2033-11-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CT1<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1650000 | PA      | $1427299.50    | 0.01%             | 2050-10-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EWK1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     405000 | PA      | $403683.75     | 0.00%             | 2027-09-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   36000000 | PA      | $28698750.00   | 0.14%             | 2041-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RAT6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     602000 | PA      | $539241.50     | 0.00%             | 2043-02-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| HUNT COS INC                                                                     | Hunt Cos Inc                                                                     | CUSIP: 445587AE8<br>LEI: 549300ODPWDNCH5TKM49 | Long             | DBT              | CORP              | US        |     445000 | PA      | $377698.20     | 0.00%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABL8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1720000 | PA      | $1281726.80    | 0.01%             | 2041-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GLENCORE FINANCE CANADA                                                          | Glencore Finance Canada Ltd                                                      | CUSIP: 98417EAC4<br>LEI: 5493005TTO0UJ33KCK70 | Long             | DBT              | CORP              | CA        |     475000 | PA      | $532869.25     | 0.00%             | 2037-11-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| HAWAIIAN AIRLINES 13-1A                                                          | Hawaiian Airlines 2013-1 Class A Pass Through Certificates                       | CUSIP: 419838AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     113530 | PA      | $99916.57      | 0.00%             | 2026-01-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| RPM International Inc                                                            | RPM International Inc                                                            | CUSIP: 749685AX1<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |     225000 | PA      | $213914.25     | 0.00%             | 2029-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                        | CUSIP: 031162BE9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     618000 | PA      | $595640.76     | 0.00%             | 2041-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ALFA S.A.                                                                        | Alfa SAB de CV                                                                   | CUSIP: 000000000<br>LEI: 549300ZCGJ6T8YDJ4M34 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $203036.00     | 0.00%             | 2044-03-25      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| GREENKO SOLAR MAURITIUS                                                          | Greenko Solar Mauritius Ltd                                                      | CUSIP: 000000000<br>LEI: 2138007S1PL541B3KP92 | Long             | DBT              | CORP              | MU        |     600000 | PA      | $576222.00     | 0.00%             | 2025-01-29      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| 180 MEDICAL INC                                                                  | 180 Medical Inc                                                                  | CUSIP: 682357AA6<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |     330000 | PA      | $293403.00     | 0.00%             | 2029-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRIPADVISOR INC                                                                  | TripAdvisor Inc                                                                  | CUSIP: 896945AA0<br>LEI: 549300XVG45PT5BART17 | Long             | DBT              | CORP              | US        |     430000 | PA      | $431956.50     | 0.00%             | 2025-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COUNCIL OF EUROPE                                                                | Council Of Europe Development Bank                                               | CUSIP: 222213BA7<br>LEI: 549300UYNXMI821WYG82 | Long             | DBT              | NUSS              | XX        |     520000 | PA      | $506038.00     | 0.00%             | 2025-06-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                              | CUSIP: 49446RAS8<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     115000 | PA      | $109851.45     | 0.00%             | 2027-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525AT0<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     230000 | PA      | $225266.60     | 0.00%             | 2024-05-20      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FY0<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     700000 | PA      | $699790.00     | 0.00%             | 2026-01-26      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCN8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $174066.00     | 0.00%             | 2029-01-14      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YBX6<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     450000 | PA      | $402642.00     | 0.00%             | 2030-05-22      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                                                              | LSEGA Financing PLC                                                              | CUSIP: 50220PAD5<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |    1000000 | PA      | $862500.00     | 0.00%             | 2031-04-06      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                              | Citigroup Commercial Mortgage Trust 2016-GC37                                    | CUSIP: 17290XAT7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1000000 | PA      | $952431.19     | 0.00%             | 2049-04-10      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                                                         | Agilent Technologies Inc                                                         | CUSIP: 00846UAL5<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |     453000 | PA      | $402667.17     | 0.00%             | 2029-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081DM2<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     578000 | PA      | $569688.36     | 0.00%             | 2024-05-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK PRGM SPC                                                          | CBB International Sukuk Programme Co WLL                                         | CUSIP: 000000000<br>LEI: 5493006IRJ2IWXTNIM16 | Long             | DBT              | NUSS              | BH        |     600000 | PA      | $583458.00     | 0.00%             | 2027-09-16      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MASS GENERAL BRIGHAM INC                                                         | Mass General Brigham Inc                                                         | CUSIP: 70213HAD0<br>LEI: 5493007Z86EDN0QFYU66 | Long             | DBT              | CORP              | US        |     576000 | PA      | $483154.56     | 0.00%             | 2048-07-01      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                                                          | National Australia Bank Ltd                                                      | CUSIP: 6325C0DJ7<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |     513000 | PA      | $493695.81     | 0.00%             | 2027-01-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP                                                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TBA3<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |     500000 | PA      | $399705.00     | 0.00%             | 2031-12-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                                                  | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AC8<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     355000 | PA      | $343427.00     | 0.00%             | 2028-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BLUESTAR FIN HOLDINGS                                                            | Bluestar Finance Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 300300294ZKDSAV43I87 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $192652.00     | 0.00%             | 2024-07-12      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                | CUSIP: 04010LBB8<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     973000 | PA      | $821503.90     | 0.00%             | 2028-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                                                           | AngloGold Ashanti Holdings PLC                                                   | CUSIP: 03512TAF8<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |     315000 | PA      | $282640.05     | 0.00%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QAV8<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     205000 | PA      | $220342.20     | 0.00%             | 2040-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GCU6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1308000 | PA      | $1439663.28    | 0.01%             | 2033-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAH7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     668000 | PA      | $697425.40     | 0.00%             | 2040-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL Environmental Inc                                                            | CUSIP: 36168QAJ3<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     321000 | PA      | $310715.16     | 0.00%             | 2025-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HEALTH CARE SERVICE CORP                                                         | Health Care Service Corp A Mutual Legal Reserve Co                               | CUSIP: 42218SAF5<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |     476000 | PA      | $396669.84     | 0.00%             | 2030-06-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WBS8<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     913000 | PA      | $822065.20     | 0.00%             | 2049-06-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571903BE2<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    1460000 | PA      | $1423470.80    | 0.01%             | 2030-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BV9<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     300000 | PA      | $287961.00     | 0.00%             | 2029-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063A7D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1155000 | PA      | $1471634.01    | 0.01%             | 2039-10-01      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     260000 | PA      | $227653.40     | 0.00%             | 2077-08-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                           | CUSIP: 776743AL0<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     771000 | PA      | $618912.54     | 0.00%             | 2031-02-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBG5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    1050000 | PA      | $780192.00     | 0.00%             | 2051-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DAH SING BANK LTD                                                                | Dah Sing Bank Ltd                                                                | CUSIP: 000000000<br>LEI: 54930092R8KXPUNCUI17 | Long             | DBT              | CORP              | HK        |     250000 | PA      | $224775.00     | 0.00%             | 2031-11-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Marathon Oil Corp                                                                | Marathon Oil Corp                                                                | CUSIP: 565849AE6<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | DBT              | CORP              | US        |     670000 | PA      | $710441.20     | 0.00%             | 2037-10-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                                                               | Alcon Finance Corp                                                               | CUSIP: 01400EAE3<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |     970000 | PA      | $1016133.20    | 0.00%             | 2032-12-06      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QQU45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   20748783 | PA      | $20535171.88   | 0.10%             | 2052-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MILLENNIUM ESCROW CORP                                                           | Millennium Escrow Corp                                                           | CUSIP: 60041CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     585000 | PA      | $406615.95     | 0.00%             | 2026-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp                                                                | Hyatt Hotels Corp                                                                | CUSIP: 448579AG7<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |     555000 | PA      | $530241.45     | 0.00%             | 2028-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DEXIA CREDIT LOCAL                                                               | Dexia Credit Local SA                                                            | CUSIP: 25214BAY0<br>LEI: F4G136OIPBYND1F41110 | Long             | DBT              | CORP              | FR        |     725000 | PA      | $689823.00     | 0.00%             | 2024-10-16      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO                                                          | Massachusetts Mutual Life Insurance Co                                           | CUSIP: 575767AQ1<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |     215000 | PA      | $164270.75     | 0.00%             | 2050-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK                                                                 | Fifth Third Bank NA                                                              | CUSIP: 31677QBR9<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |     775000 | PA      | $711248.50     | 0.00%             | 2027-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| EAST OHIO GAS CO/THE                                                             | East Ohio Gas Co/The                                                             | CUSIP: 27409LAA1<br>LEI: BC95Y6MXLT75BGO7UM71 | Long             | DBT              | CORP              | US        |    1090000 | PA      | $995529.70     | 0.00%             | 2025-06-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                                                   | Public Storage                                                                   | CUSIP: 74460DAJ8<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |     505000 | PA      | $424917.10     | 0.00%             | 2031-11-09      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| GRAY ESCROW II INC                                                               | Gray Escrow II Inc                                                               | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     885000 | PA      | $680635.80     | 0.00%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBD8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     445000 | PA      | $428988.90     | 0.00%             | 2029-04-26      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    2100000 | PA      | $1731030.00    | 0.01%             | 2039-12-03      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP                                                           | Regions Financial Corp                                                           | CUSIP: 7591EPAT7<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |    1310000 | PA      | $1140617.00    | 0.01%             | 2028-08-12      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| CABLE ONE INC                                                                    | Cable One Inc                                                                    | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |     550000 | PA      | $454899.50     | 0.00%             | 2030-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Murphy Oil Corp                                                                  | Murphy Oil Corp                                                                  | CUSIP: 626717AJ1<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |     186000 | PA      | $185309.94     | 0.00%             | 2025-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BOLIVIA GOVERNMENT                                                               | Bolivian Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900TGIRPY3SZXEB56 | Long             | DBT              | NUSS              | BO        |    1400000 | PA      | $1067276.00    | 0.01%             | 2028-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556CL4<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     730000 | PA      | $612068.50     | 0.00%             | 2031-10-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                                                         | National Australia Bank Ltd/New York                                             | CUSIP: 63254AAS7<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |    1195000 | PA      | $1114815.50    | 0.01%             | 2026-07-12      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UGC0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      30026 | PA      | $29612.29      | 0.00%             | 2048-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CQ2<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |      95000 | PA      | $84606.05      | 0.00%             | 2048-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DAK5<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     173000 | PA      | $166773.73     | 0.00%             | 2025-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP                                                            | Bank of Ireland Group PLC                                                        | CUSIP: 06279JAB5<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |      55000 | PA      | $48246.00      | 0.00%             | 2027-09-30      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE MUTUAL INSURA                                                         | Nationwide Mutual Insurance Co                                                   | CUSIP: 638671AC1<br>LEI: Z7LVXXWM8HZPKF5T2355 | Long             | DBT              | CORP              | US        |     125000 | PA      | $146258.75     | 0.00%             | 2031-12-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| INDONESIA ASAHAN ALUMINI                                                         | Indonesia Asahan Aluminium Persero PT                                            | CUSIP: 000000000<br>LEI: 2549008P48EB9SN2OI80 | Long             | DBT              | CORP              | ID        |     800000 | PA      | $792984.00     | 0.00%             | 2025-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BR6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     620000 | PA      | $546833.80     | 0.00%             | 2027-06-03      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F032625<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   86270000 | PA      | $80899905.59   | 0.39%             | 2053-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                               | CUSIP: 207597EJ0<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |      98000 | PA      | $94242.68      | 0.00%             | 2027-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F032427<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   34676000 | PA      | $33811004.41   | 0.16%             | 2038-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                         | CUSIP: 126408HS5<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     225000 | PA      | $186313.50     | 0.00%             | 2050-04-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Avation Capital SA                                                               | Avation Capital SA                                                               | CUSIP: 05351CAA5<br>LEI: 54930056OEYSV06OMD90 | Long             | DBT              | CORP              | LU        |     215462 | PA      | $184159.68     | 0.00%             | 2026-10-31      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| Global Marine Inc                                                                | Global Marine Inc                                                                | CUSIP: 379352AL1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     175000 | PA      | $139737.50     | 0.00%             | 2028-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    2400000 | PA      | $2100528.00    | 0.01%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANNER HEALTH                                                                    | Banner Health                                                                    | CUSIP: 06654DAB3<br>LEI: PLD0E0WJKFN8IZJ2WD85 | Long             | DBT              | CORP              | US        |     380000 | PA      | $325747.40     | 0.00%             | 2030-01-01      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 539439AT6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     738000 | PA      | $718487.28     | 0.00%             | 2028-08-16      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBN4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     653000 | PA      | $493419.86     | 0.00%             | 2051-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                            | Tennessee Valley Authority                                                       | CUSIP: 880591ER9<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |     350000 | PA      | $340546.50     | 0.00%             | 2024-09-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                                    | CUSIP: 93974CRE2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     600000 | PA      | $645690.60     | 0.00%             | 2040-08-01      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DUF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4603527 | PA      | $3690719.74    | 0.02%             | 2050-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | Level 3 Financing Inc                                                            | CUSIP: 527298BN2<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     614000 | PA      | $520764.10     | 0.00%             | 2027-09-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HCL AMERICA INC                                                                  | HCL America Inc                                                                  | CUSIP: 000000000<br>LEI: 549300CBM0L7W7N2EB94 | Long             | DBT              | CORP              | US        |     400000 | PA      | $356856.00     | 0.00%             | 2026-03-10      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EBJ3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     130000 | PA      | $122695.30     | 0.00%             | 2029-04-18      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                        | CUSIP: 682680AY9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     658000 | PA      | $590686.60     | 0.00%             | 2029-09-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FCP69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       8027 | PA      | $7668.06       | 0.00%             | 2046-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370BN9<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     125000 | PA      | $129110.00     | 0.00%             | 2025-11-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CU1<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     333000 | PA      | $255487.59     | 0.00%             | 2052-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                                                                | Lithia Motors Inc                                                                | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     400000 | PA      | $340636.00     | 0.00%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJYM6<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     771079 | PA      | $717183.54     | 0.00%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMWW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      13068 | PA      | $12881.95      | 0.00%             | 2032-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                                                          | El Salvador Government International Bond                                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     698000 | PA      | $325777.54     | 0.00%             | 2050-01-20      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BAU0<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     501237 | PA      | $508480.58     | 0.00%             | 2046-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06368FAJ8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     600000 | PA      | $558432.00     | 0.00%             | 2027-03-08      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMUM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      11954 | PA      | $11569.28      | 0.00%             | 2031-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Thomson Reuters Corp                                                             | Thomson Reuters Corp                                                             | CUSIP: 884903BP9<br>LEI: 549300561UZND4C7B569 | Long             | DBT              | CORP              | CA        |     535000 | PA      | $520763.65     | 0.00%             | 2043-11-23      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286F2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   14000000 | PA      | $13450937.50   | 0.06%             | 2026-02-28      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COLBUN SA                                                                        | Colbun SA                                                                        | CUSIP: 000000000<br>LEI: 5493003VQJLE2QB8IF36 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $529164.00     | 0.00%             | 2030-03-06      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                                                | General Motors Co                                                                | CUSIP: 37045VAV2<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    1125000 | PA      | $1153631.25    | 0.01%             | 2025-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CK3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $325592.00     | 0.00%             | 2031-08-18      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| Churchill Downs Inc                                                              | Churchill Downs Inc                                                              | CUSIP: 171484AG3<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |     465000 | PA      | $451315.05     | 0.00%             | 2027-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHINA MERCHANTS FINANCE                                                          | China Merchants Finance Co Ltd                                                   | CUSIP: 000000000<br>LEI: 5493009Q07FRBW4O2I15 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $197664.00     | 0.00%             | 2025-08-03      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167FH1<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     645000 | PA      | $590368.50     | 0.00%             | 2027-01-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| OCI NV                                                                           | OCI NV                                                                           | CUSIP: 67091GAE3<br>LEI: 549300NCMRGIBJYUOE57 | Long             | DBT              | CORP              | NL        |     178000 | PA      | $173396.92     | 0.00%             | 2025-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE 2019                                                             | Huarong Finance 2019 Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300M6T6OW4AGYHK10 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $375596.00     | 0.00%             | 2024-11-13      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                         | Electricite de France SA                                                         | CUSIP: 268317AK0<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     635000 | PA      | $548532.05     | 0.00%             | 2044-01-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY CO LTD                                                               | Studio City Co Ltd                                                               | CUSIP: 86400GAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     237000 | PA      | $228610.20     | 0.00%             | 2027-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FC6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     130000 | PA      | $142597.00     | 0.00%             | 2040-03-01      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| Republic Services Inc                                                            | Republic Services Inc                                                            | CUSIP: 760759AN0<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |      25000 | PA      | $26858.25      | 0.00%             | 2041-05-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KN4Q3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   12332215 | PA      | $11201864.84   | 0.05%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RBD9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     520000 | PA      | $472440.80     | 0.00%             | 2042-08-13      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081EV1<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     576000 | PA      | $533473.92     | 0.00%             | 2049-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CC4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     284000 | PA      | $284238.56     | 0.00%             | 2027-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 084659AP6<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     595000 | PA      | $494153.45     | 0.00%             | 2048-07-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| TRUST FIBRAUNO                                                                   | Trust Fibra Uno                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              |  | MX        |     200000 | PA      | $195634.00     | 0.00%             | 2026-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JD9<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    3515000 | PA      | $3235909.00    | 0.02%             | 2025-07-25      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254CB4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     555000 | PA      | $525895.80     | 0.00%             | 2025-03-23      | Fixed         | 1.21%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                             | Boston Properties LP                                                             | CUSIP: 10112RAZ7<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |     635000 | PA      | $613136.95     | 0.00%             | 2025-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN                                                         | Brighthouse Financial Inc                                                        | CUSIP: 10922NAG8<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |     760000 | PA      | $761216.00     | 0.00%             | 2030-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| Central Garden & Pet Co                                                          | Central Garden & Pet Co                                                          | CUSIP: 153527AM8<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |     225000 | PA      | $214312.50     | 0.00%             | 2028-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAA0<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    1012000 | PA      | $965579.56     | 0.00%             | 2025-02-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| UNIV OF NOTRE DAME                                                               | University of Notre Dame du Lac                                                  | CUSIP: 914744AD9<br>LEI: XV74408A6JGDG5126L34 | Long             | DBT              | CORP              | US        |     419000 | PA      | $356334.36     | 0.00%             | 2045-02-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| CUMMINS INC                                                                      | Cummins Inc                                                                      | CUSIP: 231021AU0<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |     185000 | PA      | $168333.35     | 0.00%             | 2025-09-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                     | CUSIP: 651639AV8<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     295000 | PA      | $303649.40     | 0.00%             | 2044-06-09      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RAZ2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     320000 | PA      | $317011.20     | 0.00%             | 2043-10-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                             | Niagara Mohawk Power Corp                                                        | CUSIP: 65364UAP1<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |     257000 | PA      | $172172.01     | 0.00%             | 2050-06-27      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TNR2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      42352 | PA      | $40741.93      | 0.00%             | 2047-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAF1<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    1367000 | PA      | $1241304.35    | 0.01%             | 2030-04-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG LONDON                                                          | Deutsche Bank AG/London                                                          | CUSIP: 25152RXA6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     631000 | PA      | $626557.76     | 0.00%             | 2024-05-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SRS DISTRIBUTION INC                                                             | SRS Distribution Inc                                                             | CUSIP: 78471RAB2<br>LEI: 549300ZQ3XP75BCYM468 | Long             | DBT              | CORP              | US        |     480000 | PA      | $441312.00     | 0.00%             | 2028-07-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | Post Holdings Inc                                                                | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $928431.65     | 0.00%             | 2030-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Markel Corp                                                                      | Markel Corp                                                                      | CUSIP: 570535AQ7<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |     369000 | PA      | $340539.03     | 0.00%             | 2046-04-05      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSPORT DE GAS DEL SUR                                                         | Transportadora de Gas del Sur SA                                                 | CUSIP: 000000000<br>LEI: 5299002TRC7IFQYSW596 | Long             | DBT              | CORP              | AR        |     300000 | PA      | $283323.00     | 0.00%             | 2025-05-02      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BAT INTL FINANCE PLC                                                             | BAT International Finance PLC                                                    | CUSIP: 05530QAP5<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |     471000 | PA      | $450944.82     | 0.00%             | 2028-03-16      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HERITAGE PETROL CO LTD                                                           | Heritage Petroleum Co Ltd                                                        | CUSIP: 000000000<br>LEI: 25490055MYPABN06OA04 | Long             | DBT              | CORP              | TT        |     400000 | PA      | $417164.00     | 0.00%             | 2029-08-12      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833DU1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1672000 | PA      | $1408308.88    | 0.01%             | 2030-05-11      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                                                         | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     295000 | PA      | $246348.60     | 0.00%             | 2030-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459056HV2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    3090000 | PA      | $2952186.00    | 0.01%             | 2024-08-28      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEK7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1460000 | PA      | $1331476.20    | 0.01%             | 2028-01-21      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                              | CUSIP: 49446RAT6<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              | CORP              | US        |     410000 | PA      | $339500.50     | 0.00%             | 2047-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                                                                       | Biogen Inc                                                                       | CUSIP: 09062XAH6<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    1793000 | PA      | $1520177.12    | 0.01%             | 2030-05-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $276176.00     | 0.00%             | 2026-02-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807CE5<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     472000 | PA      | $546212.56     | 0.00%             | 2040-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GZ MTR FIN BVI                                                                   | Guangzhou Metro Investment Finance BVI Ltd                                       | CUSIP: 000000000<br>LEI: 30030026WRIFBEGCB472 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $544566.00     | 0.00%             | 2025-09-17      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VBS2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     175000 | PA      | $193922.75     | 0.00%             | 2033-09-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| GLENCORE FINANCE CANADA                                                          | Glencore Finance Canada Ltd                                                      | CUSIP: 98417EAN0<br>LEI: 5493005TTO0UJ33KCK70 | Long             | DBT              | CORP              | CA        |     223000 | PA      | $228202.59     | 0.00%             | 2041-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| LIBERTY MUTUAL GROUP INC                                                         | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBJ2<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |     370000 | PA      | $287708.30     | 0.00%             | 2050-10-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1235000 | PA      | $1018887.35    | 0.00%             | 2049-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                       | CUSIP: 695114CB2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |      65000 | PA      | $70697.25      | 0.00%             | 2036-08-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| YAMANA GOLD INC                                                                  | Yamana Gold Inc                                                                  | CUSIP: 98462YAF7<br>LEI: 54930002VY22NXG01418 | Long             | DBT              | CORP              | CA        |     305000 | PA      | $241834.50     | 0.00%             | 2031-08-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167DN0<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     672000 | PA      | $632829.12     | 0.00%             | 2026-04-24      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                             | Niagara Mohawk Power Corp                                                        | CUSIP: 65364UAH9<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |     609000 | PA      | $564622.17     | 0.00%             | 2034-10-01      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| PHILIPPINE NATIONAL BANK                                                         | Philippine National Bank                                                         | CUSIP: 000000000<br>LEI: 549300AFS0UU6SDK2K95 | Long             | DBT              | CORP              | PH        |     600000 | PA      | $576096.00     | 0.00%             | 2024-09-27      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| WOORI BANK                                                                       | Woori Bank                                                                       | CUSIP: 98105GAK8<br>LEI: 549300VUVMRL6RE7R376 | Long             | DBT              | CORP              | KR        |    1000000 | PA      | $884110.00     | 0.00%             | 2026-02-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| MINERA Y METALURGICA DEL                                                         | Minera y Metalurgica del Boleo SAPI de CV                                        | CUSIP: 000000000<br>LEI: 4469000001C0COTP8392 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $390792.00     | 0.00%             | 2024-04-17      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                      | CUSIP: 797440CB8<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     535000 | PA      | $473582.00     | 0.00%             | 2032-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAL1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    1325000 | PA      | $1271933.75    | 0.01%             | 2024-10-24      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Ohio Edison Co                                                                   | Ohio Edison Co                                                                   | CUSIP: 677347CE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     387000 | PA      | $442112.67     | 0.00%             | 2036-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Viking Cruises Ltd                                                               | Viking Cruises Ltd                                                               | CUSIP: 92676XAD9<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     705000 | PA      | $601188.75     | 0.00%             | 2027-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| PAKISTAN WATER & POWER                                                           | Pakistan Water & Power Development Authority                                     | CUSIP: 000000000<br>LEI: 213800UA74QOTK6IES10 | Long             | DBT              | NUSS              | PK        |     200000 | PA      | $64900.00      | 0.00%             | 2031-06-04      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| COTTAGE HEALTH SYSTEM                                                            | Cottage Health Obligated Group                                                   | CUSIP: 22170QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     374000 | PA      | $286068.86     | 0.00%             | 2049-11-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBX0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    1320000 | PA      | $1172740.80    | 0.01%             | 2030-01-31      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                                                         | Graphic Packaging International LLC                                              | CUSIP: 38869AAD9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     195000 | PA      | $170176.50     | 0.00%             | 2030-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Costco Wholesale Corp                                                            | Costco Wholesale Corp                                                            | CUSIP: 22160KAM7<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |     802000 | PA      | $769952.08     | 0.00%             | 2027-05-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XBB58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7448583 | PA      | $6981911.04    | 0.03%             | 2036-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE GAS & ELEC                                                            | Louisville Gas and Electric Co                                                   | CUSIP: 546676AY3<br>LEI: KO3GRIB3RPH1XDX50U72 | Long             | DBT              | CORP              | US        |     130000 | PA      | $116145.90     | 0.00%             | 2049-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE ENERGY PARTNERS                                                         | Enbridge Energy Partners LP                                                      | CUSIP: 29250RAW6<br>LEI: CZ6VG2MNE1J6YDI02G48 | Long             | DBT              | CORP              | US        |     425000 | PA      | $434813.25     | 0.00%             | 2025-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKNS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1463660 | PA      | $1247533.95    | 0.01%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Becton Dickinson and Co                                                          | Becton Dickinson and Co                                                          | CUSIP: 075887BX6<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    1135000 | PA      | $1070849.80    | 0.01%             | 2047-06-06      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                        | CUSIP: 682680BB8<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     461000 | PA      | $407159.81     | 0.00%             | 2030-03-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CC4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1146000 | PA      | $970673.46     | 0.00%             | 2040-04-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RJZ6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    2559000 | PA      | $2059380.84    | 0.01%             | 2041-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WQAT2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      17456 | PA      | $16687.52      | 0.00%             | 2047-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WW Grainger Inc                                                                  | WW Grainger Inc                                                                  | CUSIP: 384802AC8<br>LEI: 549300TWZSP6O1IH2V34 | Long             | DBT              | CORP              | US        |     215000 | PA      | $181973.85     | 0.00%             | 2046-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAR5<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     429000 | PA      | $361265.19     | 0.00%             | 2046-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                                                             | Appalachian Power Co                                                             | CUSIP: 037735CT2<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     335000 | PA      | $294451.60     | 0.00%             | 2044-05-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAV8<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | CORP              | ID        |     800000 | PA      | $803752.00     | 0.00%             | 2032-06-06      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WDY24<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       1133 | PA      | $1143.50       | 0.00%             | 2046-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400HD8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     360000 | PA      | $307494.00     | 0.00%             | 2031-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCG4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   46100000 | PA      | $43476261.83   | 0.21%             | 2024-06-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN GRP/FIN                                                         | Neuberger Berman Group LLC / Neuberger Berman Finance Corp                       | CUSIP: 64128XAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     480000 | PA      | $462624.00     | 0.00%             | 2027-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q8WW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      26492 | PA      | $26644.88      | 0.00%             | 2048-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| National CineMedia LLC                                                           | National CineMedia LLC                                                           | CUSIP: 63530QAH2<br>LEI: 7LJEQIVQVLNGS4X6T547 | Long             | DBT              | CORP              | US        |     125000 | PA      | $2818.75       | 0.00%             | 2026-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP OVERSEAS DEV                                                         | Sinopec Group Overseas Development 2017 Ltd                                      | CUSIP: 000000000<br>LEI: 5493001IPW8ZGQ181Z16 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $194880.00     | 0.00%             | 2027-04-12      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YBA2<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    1506000 | PA      | $1118159.82    | 0.01%             | 2040-06-24      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     650000 | PA      | $567144.50     | 0.00%             | 2048-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 341099CR8<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     795000 | PA      | $679597.80     | 0.00%             | 2042-11-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                                                             | Petronas Capital Ltd                                                             | CUSIP: 000000000<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     600000 | PA      | $581682.00     | 0.00%             | 2060-04-21      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                                               | Sonoco Products Co                                                               | CUSIP: 835495AP7<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |     700000 | PA      | $597751.00     | 0.00%             | 2032-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                                                  | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $722240.00     | 0.00%             | 2025-09-28      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AK5<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     640000 | PA      | $601369.60     | 0.00%             | 2026-06-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Fiserv Inc                                                                       | Fiserv Inc                                                                       | CUSIP: 337738AP3<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    1093000 | PA      | $1068866.56    | 0.01%             | 2025-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Dupont De Nemours Inc                                                            | DuPont de Nemours Inc                                                            | CUSIP: 26078JAD2<br>LEI: 5493004JF0SDFLM8GD76 | Long             | DBT              | CORP              | US        |    1915000 | PA      | $1942920.70    | 0.01%             | 2028-11-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS INTL PL                                                         | Johnson Controls International plc                                               | CUSIP: 478375AN8<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | IE        |      73000 | PA      | $67130.80      | 0.00%             | 2064-07-02      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK CORP                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368CB7<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     593000 | PA      | $548525.00     | 0.00%             | 2030-03-26      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                                   | Morgan Stanley Capital I Trust 2018-H3                                           | CUSIP: 61767YAZ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | ABS-MBS          | CORP              | US        |    1000000 | PA      | $968832.70     | 0.00%             | 2051-07-15      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543CV3<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     404000 | PA      | $368932.80     | 0.00%             | 2049-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                   | Air Lease Corp                                                                   | CUSIP: 00912XBF0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     565000 | PA      | $545744.80     | 0.00%             | 2028-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| FOOT LOCKER INC                                                                  | Foot Locker Inc                                                                  | CUSIP: 344849AA2<br>LEI: 549300X383CBNP6MTV94 | Long             | DBT              | CORP              | US        |     255000 | PA      | $215390.85     | 0.00%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AVISTA CORP                                                                      | Avista Corp                                                                      | CUSIP: 05379BAR8<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | DBT              | CORP              | US        |      15000 | PA      | $12676.05      | 0.00%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LIBERTY UTILITIES FIN                                                            | Liberty Utilities Finance GP 1                                                   | CUSIP: 531546AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1113000 | PA      | $884111.55     | 0.00%             | 2030-09-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| PACKAGING CORP OF AMERIC                                                         | Packaging Corp of America                                                        | CUSIP: 695156AV1<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |     275000 | PA      | $229468.25     | 0.00%             | 2049-12-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                       | CUSIP: 458140AT7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     460000 | PA      | $448661.00     | 0.00%             | 2045-07-29      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RBJ0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     245000 | PA      | $204648.50     | 0.00%             | 2033-01-21      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES                                                                | Vedanta Resources Finance II PLC                                                 | CUSIP: 000000000<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $152454.00     | 0.00%             | 2026-04-23      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAD7<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     468000 | PA      | $539753.76     | 0.00%             | 2037-10-15      | Fixed         | 6.59%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAG6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    1052000 | PA      | $1044899.00    | 0.01%             | 2034-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkey Government International Bond                                             | CUSIP: 900123DF4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2200000 | PA      | $2264438.00    | 0.01%             | 2028-01-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| PIONEER REWARD LTD                                                               | Pioneer Reward Ltd                                                               | CUSIP: 000000000<br>LEI: 213800S7P8CY8UE2TH93 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $736312.00     | 0.00%             | 2026-04-09      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CBH6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     443000 | PA      | $358090.19     | 0.00%             | 2052-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| BOC AVIATION LTD                                                                 | BOC Aviation Ltd                                                                 | CUSIP: 000000000<br>LEI: 254900H06V5RMEB3KE72 | Long             | DBT              | CORP              | SG        |     400000 | PA      | $362368.00     | 0.00%             | 2026-01-21      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CVR PARTNERS/CVR NITROGE                                                         | CVR Partners LP / CVR Nitrogen Finance Corp                                      | CUSIP: 12663QAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     380000 | PA      | $345078.00     | 0.00%             | 2028-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                                              | Buckeye Partners LP                                                              | CUSIP: 118230AU5<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     405000 | PA      | $371538.90     | 0.00%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BankUnited Inc                                                                   | BankUnited Inc                                                                   | CUSIP: 06652KAA1<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | DBT              | CORP              | US        |     525000 | PA      | $520616.25     | 0.00%             | 2025-11-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                                                               | Panama Government International Bond                                             | CUSIP: 698299BK9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     800000 | PA      | $704680.00     | 0.00%             | 2030-01-23      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| NorthWestern Corp                                                                | NorthWestern Corp                                                                | CUSIP: 668074AU1<br>LEI: 3BPWMBHR1R9SHUN7J795 | Long             | DBT              | CORP              | US        |     450000 | PA      | $390150.00     | 0.00%             | 2044-11-15      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513ECM1<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     730000 | PA      | $595190.90     | 0.00%             | 2031-09-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| PHOTO HOLDINGS MERGER SU                                                         | Photo Holdings Merger Sub Inc                                                    | CUSIP: 719245AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     537000 | PA      | $272479.17     | 0.00%             | 2026-10-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DQ0<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    1045000 | PA      | $851340.60     | 0.00%             | 2041-05-05      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST GAS CORP                                                               | Southwest Gas Corp                                                               | CUSIP: 845011AC9<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |     357000 | PA      | $293578.95     | 0.00%             | 2030-06-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                                    | Parkland Corp                                                                    | CUSIP: 70137WAL2<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |     571000 | PA      | $491882.24     | 0.00%             | 2030-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254AK6<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     675000 | PA      | $622768.50     | 0.00%             | 2043-01-09      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                       | CUSIP: 98978VAM5<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     550000 | PA      | $474182.50     | 0.00%             | 2047-09-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CHINA SOUTHERN PW GRID                                                           | China Southern Power Grid International Finance BVI 2018 Co Ltd                  | CUSIP: 000000000<br>LEI: 549300HJ3WN6EBE05751 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $794232.00     | 0.00%             | 2028-09-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFK5<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    1021000 | PA      | $835035.06     | 0.00%             | 2049-09-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PulteGroup Inc                                                                   | PulteGroup Inc                                                                   | CUSIP: 745867AX9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     564000 | PA      | $566786.16     | 0.00%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANCO VOTORANTIM                                                                 | Banco Votorantim SA                                                              | CUSIP: 000000000<br>LEI: X2EUTZGMHS8RBQFIUS93 | Long             | DBT              | CORP              | BR        |     400000 | PA      | $385164.00     | 0.00%             | 2025-07-29      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Bio-Rad Laboratories Inc                                                         | Bio-Rad Laboratories Inc                                                         | CUSIP: 090572AQ1<br>LEI: 549300ZC1GPV35XYDK53 | Long             | DBT              | CORP              | US        |     300000 | PA      | $272457.00     | 0.00%             | 2032-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CK6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     518000 | PA      | $503521.90     | 0.00%             | 2024-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Hanesbrands Inc                                                                  | Hanesbrands Inc                                                                  | CUSIP: 410345AJ1<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |     549000 | PA      | $539798.76     | 0.00%             | 2024-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PTT TREASURY CENTRE                                                              | PTT Treasury Center Co Ltd                                                       | CUSIP: 74446WAC0<br>LEI: 254900FBQLIN5XACCX50 | Long             | DBT              | CORP              | TH        |     400000 | PA      | $270636.00     | 0.00%             | 2070-07-16      | Fixed         | 3.70%                 | No            |                  2 | On Loan: —       |
| POWER FINANCE CORP LTD                                                           | Power Finance Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $192600.00     | 0.00%             | 2024-09-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29278NAF0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     460000 | PA      | $457447.00     | 0.00%             | 2028-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS                                                           | Federation des Caisses Desjardins du Quebec                                      | CUSIP: 31429KAE3<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |    1425000 | PA      | $1346140.50    | 0.01%             | 2024-05-21      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                                                           | Credit Suisse AG/New York NY                                                     | CUSIP: 22550L2H3<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |     815000 | PA      | $767485.50     | 0.00%             | 2025-02-21      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BEIJING GAS SG CAPITAL                                                           | Beijing Gas Singapore Capital Corp                                               | CUSIP: 000000000<br>LEI: 2549007AZAX7HNEIGV36 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $187588.00     | 0.00%             | 2025-01-18      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254BN9<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    1340000 | PA      | $1317608.60    | 0.01%             | 2025-05-21      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| Ameriprise Financial Inc                                                         | Ameriprise Financial Inc                                                         | CUSIP: 03076CAG1<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |     285000 | PA      | $279964.05     | 0.00%             | 2024-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WestRock MWV LLC                                                                 | WestRock MWV LLC                                                                 | CUSIP: 961548AY0<br>LEI: 4DL8C98Z5G5IXZLH3578 | Long             | DBT              | CORP              | US        |     150000 | PA      | $174963.00     | 0.00%             | 2031-02-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp                                                           | CUSIP: 101137AT4<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |     426000 | PA      | $405108.96     | 0.00%             | 2039-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| China Development Bank                                                           | China Development Bank                                                           | CUSIP: 000000000<br>LEI: 300300C1020111000029 | Long             | DBT              | NUSS              | CN        |     600000 | PA      | $587154.00     | 0.00%             | 2027-01-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBW4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    2014000 | PA      | $1596034.58    | 0.01%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DK3<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     527000 | PA      | $449942.06     | 0.00%             | 2031-03-05      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     646000 | PA      | $780619.94     | 0.00%             | 2046-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FW1<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     813000 | PA      | $739927.56     | 0.00%             | 2028-01-13      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 893526DF7<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     104000 | PA      | $107002.48     | 0.00%             | 2034-03-31      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| WATCO COS LLC/FINANCE CO                                                         | Watco Cos LLC / Watco Finance Corp                                               | CUSIP: 941130AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     465000 | PA      | $439155.30     | 0.00%             | 2027-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EWL9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     400000 | PA      | $402472.00     | 0.00%             | 2032-09-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WKUB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     140757 | PA      | $134429.30     | 0.00%             | 2047-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                                                                  | Hillenbrand Inc                                                                  | CUSIP: 431571AD0<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |     310000 | PA      | $311565.50     | 0.00%             | 2025-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558AX1<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    1236000 | PA      | $1218980.28    | 0.01%             | 2044-04-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ENTERGY TEXAS INC                                                                | Entergy Texas Inc                                                                | CUSIP: 29365TAK0<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |     454000 | PA      | $368212.16     | 0.00%             | 2031-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788MAC6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $918134.85     | 0.00%             | 2027-08-03      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| HIGHPEAK ENERGY INC                                                              | HighPeak Energy Inc                                                              | CUSIP: 43114QAC9<br>LEI: 549300J4RNCV140DUY76 | Long             | DBT              | CORP              | US        |     250000 | PA      | $244657.50     | 0.00%             | 2024-11-15      | Fixed         | 10.63%                | No            |                  2 | On Loan: No      |
| CHINA CINDA 2020 I MNGMN                                                         | China Cinda 2020 I Management Ltd                                                | CUSIP: 000000000<br>LEI: 549300ZIBIB6Z9RSNU64 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $342832.00     | 0.00%             | 2030-03-18      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                    | CUSIP: 461070AT1<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |     950000 | PA      | $669351.00     | 0.00%             | 2051-11-30      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Dupont De Nemours Inc                                                            | DuPont de Nemours Inc                                                            | CUSIP: 26078JAC4<br>LEI: 5493004JF0SDFLM8GD76 | Long             | DBT              | CORP              | US        |    1282000 | PA      | $1281448.74    | 0.01%             | 2025-11-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044DG3<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     582000 | PA      | $523398.42     | 0.00%             | 2047-02-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QBG4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    1316000 | PA      | $960311.52     | 0.00%             | 2050-02-24      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Progress Energy Inc                                                              | Progress Energy Inc                                                              | CUSIP: 743263AG0<br>LEI: 549300FBMTW0JYWMNB26 | Long             | DBT              | CORP              | US        |     185000 | PA      | $208119.45     | 0.00%             | 2031-10-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VDR2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1168000 | PA      | $1128883.68    | 0.01%             | 2039-03-15      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| LOUISIANA-PACIFIC CORP                                                           | Louisiana-Pacific Corp                                                           | CUSIP: 546347AM7<br>LEI: 549300C7E2UAO5BVRR75 | Long             | DBT              | CORP              | US        |     190000 | PA      | $165144.20     | 0.00%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ2T6<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      39504 | PA      | $38802.36      | 0.00%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807CT2<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |     227000 | PA      | $192584.53     | 0.00%             | 2044-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                 | CUSIP: 373334KQ3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     403000 | PA      | $401162.32     | 0.00%             | 2032-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCS8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     895000 | PA      | $882917.50     | 0.00%             | 2025-10-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| COLGATE-PALMOLIVE CO                                                             | Colgate-Palmolive Co                                                             | CUSIP: 194162AP8<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |     210000 | PA      | $197259.30     | 0.00%             | 2032-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MONG DUONG FIN HLDGS BV                                                          | Mong Duong Finance Holdings BV                                                   | CUSIP: 000000000<br>LEI: 549300995KGQFMWSV879 | Long             | DBT              | CORP              | NL        |     500000 | PA      | $445360.00     | 0.00%             | 2029-05-07      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NSTAR Electric Co                                                                | NSTAR Electric Co                                                                | CUSIP: 67021CAM9<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     449000 | PA      | $429136.24     | 0.00%             | 2027-05-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PER9<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    1350000 | PA      | $1436859.00    | 0.01%             | 2033-02-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WBA5<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     695000 | PA      | $656573.45     | 0.00%             | 2033-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CE0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     561000 | PA      | $535777.44     | 0.00%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MAGELLAN MIDSTREAM PARTN                                                         | Magellan Midstream Partners LP                                                   | CUSIP: 559080AQ9<br>LEI: MZF5TI8NFVZZNUSKDL39 | Long             | DBT              | CORP              | US        |     220000 | PA      | $199064.80     | 0.00%             | 2030-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UKW1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     303937 | PA      | $292380.57     | 0.00%             | 2049-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X8TY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8263094 | PA      | $7588128.85    | 0.04%             | 2050-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FLNG LIQUEFACTION 3 LLC                                                          | FLNG Liquefaction 3 LLC                                                          | CUSIP: 30306VAA7<br>LEI: 549300ZCV52X08U6XC41 | Long             | DBT              | CORP              | US        |      55536 | PA      | $53526.15      | 0.00%             | 2039-03-31      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| SAUDI ELECTRICITY GLOBAL                                                         | Saudi Electricity Global Sukuk Co 2                                              | CUSIP: 000000000<br>LEI: 549300NU3VI6NLNU1575 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $400556.00     | 0.00%             | 2043-04-08      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                          | CUSIP: 646136XS5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |      50000 | PA      | $51239.35      | 0.00%             | 2028-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                                              | Dollar General Corp                                                              | CUSIP: 256677AG0<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     716000 | PA      | $660194.96     | 0.00%             | 2030-04-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                           | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |     185000 | PA      | $146873.35     | 0.00%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                                                      | Hologic Inc                                                                      | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |     590000 | PA      | $519506.80     | 0.00%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BCZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     347929 | PA      | $326304.22     | 0.00%             | 2047-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FS2<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     279000 | PA      | $221779.89     | 0.00%             | 2071-04-06      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                       | CUSIP: 98956PAV4<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |     750000 | PA      | $629145.00     | 0.00%             | 2031-11-24      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550BV7<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     421000 | PA      | $415897.48     | 0.00%             | 2024-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                                                         | First Quantum Minerals Ltd                                                       | CUSIP: 000000000<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     800000 | PA      | $773920.00     | 0.00%             | 2026-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| El Paso Electric Co                                                              | El Paso Electric Co                                                              | CUSIP: 283677AZ5<br>LEI: OZ8GM8L4AHPKSWZMW205 | Long             | DBT              | CORP              | US        |     338000 | PA      | $312917.02     | 0.00%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER                                                         | Wisconsin Electric Power Co                                                      | CUSIP: 976656CM8<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |     310000 | PA      | $270986.50     | 0.00%             | 2028-06-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| KONDOR FINANCE PLC (NAK)                                                         | NAK Naftogaz Ukraine via Kondor Finance PLC                                      | CUSIP: 000000000<br>LEI: 213800PUC1T9GI6EIO63 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $82000.00      | 0.00%             | 2026-11-08      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                     | CUSIP: 65473QBG7<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     208000 | PA      | $173800.64     | 0.00%             | 2048-03-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                                         | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     561000 | PA      | $521011.92     | 0.00%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                  | CUSIP: 046353AN8<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |     685000 | PA      | $655661.45     | 0.00%             | 2027-06-12      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                                                          | Pakistan Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    1200000 | PA      | $504972.00     | 0.00%             | 2027-12-05      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS                                                         | Huntington Ingalls Industries Inc                                                | CUSIP: 446413AT3<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |     559000 | PA      | $522955.68     | 0.00%             | 2030-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RBH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     460000 | PA      | $405310.60     | 0.00%             | 2042-12-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GEP0<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     165000 | PA      | $153817.95     | 0.00%             | 2024-09-27      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| HKT CAPITAL NO 5 LTD                                                             | HKT Capital No 5 Ltd                                                             | CUSIP: 000000000<br>LEI: 254900PW2WQ2W5M9NA17 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $356084.00     | 0.00%             | 2029-09-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                                         | Comision Federal de Electricidad                                                 | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $174686.00     | 0.00%             | 2052-02-15      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| CAISSE D'AMORT DETTE SOC                                                         | Caisse d'Amortissement de la Dette Sociale                                       | CUSIP: 12802DAK2<br>LEI: 969500P04DQJS4BPM574 | Long             | DBT              | NUSS              | FR        |    2175000 | PA      | $2141853.00    | 0.01%             | 2024-03-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QCH7<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     475000 | PA      | $393917.50     | 0.00%             | 2031-08-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK CHINA                                                         | Export-Import Bank of China/The                                                  | CUSIP: 000000000<br>LEI: 300300C1020211000045 | Long             | DBT              | NUSS              | CN        |     800000 | PA      | $780632.00     | 0.00%             | 2027-03-14      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CLP POWER HK FINANCE LTD                                                         | CLP Power HK Finance Ltd                                                         | CUSIP: 000000000<br>LEI: 254900V6QHCRGVD95V85 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $192300.00     | 0.00%             | 2025-02-06      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36178YCG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8232932 | PA      | $7984680.20    | 0.04%             | 2042-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6N48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4361042 | PA      | $3974568.28    | 0.02%             | 2036-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370CR9<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     909000 | PA      | $885420.54     | 0.00%             | 2026-12-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| Diageo Investment Corp                                                           | Diageo Investment Corp                                                           | CUSIP: 25245BAA5<br>LEI: S4G8DPIPDVCF6CB81Z61 | Long             | DBT              | CORP              | US        |     310000 | PA      | $293706.40     | 0.00%             | 2042-05-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Toyota Industries Corp                                                           | Toyota Industries Corp                                                           | CUSIP: 892330AC5<br>LEI: 35380000WKGEAHEMW830 | Long             | DBT              | CORP              | JP        |     504000 | PA      | $478341.36     | 0.00%             | 2028-03-16      | Fixed         | 3.57%                 | No            |                  2 | On Loan: —       |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBS8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     670000 | PA      | $542592.80     | 0.00%             | 2031-09-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132M7RC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      12099 | PA      | $12065.21      | 0.00%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AZ2<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    1123000 | PA      | $979031.40     | 0.00%             | 2030-11-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| BAIDU INC                                                                        | Baidu Inc                                                                        | CUSIP: 056752AU2<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |    1294000 | PA      | $1070215.64    | 0.01%             | 2031-08-23      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLPQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7236947 | PA      | $6369435.66    | 0.03%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CGI INC                                                                          | CGI Inc                                                                          | CUSIP: 12532HAC8<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |     430000 | PA      | $385215.50     | 0.00%             | 2026-09-14      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Hologic Inc                                                                      | Hologic Inc                                                                      | CUSIP: 436440AM3<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |     246000 | PA      | $235414.62     | 0.00%             | 2028-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                           | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |     800000 | PA      | $894512.00     | 0.00%             | 2032-10-28      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QQF91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3865000 | PA      | $4014082.60    | 0.02%             | 2052-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDRQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1505462 | PA      | $1322704.68    | 0.01%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAU6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    1055000 | PA      | $921373.70     | 0.00%             | 2037-12-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SIZZLING PLATT/FIN CO                                                            | Sizzling Platter LLC / Sizzling Platter Finance Corp                             | CUSIP: 830146AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     230000 | PA      | $213364.10     | 0.00%             | 2025-11-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | PROLOGIS LP                                                                      | CUSIP: 74340XCB5<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     550000 | PA      | $460124.50     | 0.00%             | 2032-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                                                     | SM Energy Co                                                                     | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     281000 | PA      | $276664.17     | 0.00%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKHM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2401995 | PA      | $2035881.26    | 0.01%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442UAN4<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     300000 | PA      | $275055.00     | 0.00%             | 2032-04-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DEM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     492449 | PA      | $482625.28     | 0.00%             | 2034-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21000000 | PA      | $19344609.48   | 0.09%             | 2025-04-30      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKK4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2375000 | PA      | $2025518.75    | 0.01%             | 2033-02-04      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                      | CUSIP: 85771PAC6<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     579000 | PA      | $602982.18     | 0.00%             | 2040-08-17      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                                                          | Crescent Energy Finance LLC                                                      | CUSIP: 45344LAA1<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     430000 | PA      | $412692.50     | 0.00%             | 2026-05-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     675000 | PA      | $519648.75     | 0.00%             | 2081-06-04      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048BT4<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     265000 | PA      | $253276.40     | 0.00%             | 2028-07-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COSL SINGAPORE CAPITAL                                                           | COSL Singapore Capital Ltd                                                       | CUSIP: 000000000<br>LEI: 300300WB9ZSCZYXDFJ80 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $186118.00     | 0.00%             | 2025-06-24      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Sutter Health                                                                    | Sutter Health                                                                    | CUSIP: 86944BAD5<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |     218000 | PA      | $206302.12     | 0.00%             | 2028-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AZUL INVESTMENTS LLP                                                             | Azul Investments LLP                                                             | CUSIP: 000000000<br>LEI: 549300C6XNC8IDH04C74 | Long             | DBT              | CORP              | US        |     400000 | PA      | $242040.00     | 0.00%             | 2026-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MUELLER WATER PRODUCTS                                                           | Mueller Water Products Inc                                                       | CUSIP: 624758AF5<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | DBT              | CORP              | US        |     285000 | PA      | $254467.95     | 0.00%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minejesa Capital BV                                                              | Minejesa Capital BV                                                              | CUSIP: 000000000<br>LEI: 549300KS7ERCP10BKC35 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $347076.00     | 0.00%             | 2037-08-10      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ2G4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       3759 | PA      | $3593.89       | 0.00%             | 2047-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                  | CUSIP: 166756AL0<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |     635000 | PA      | $556856.90     | 0.00%             | 2027-08-12      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| EMPOWER FINANCE 2020 LP                                                          | Empower Finance 2020 LP                                                          | CUSIP: 29248HAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      30000 | PA      | $25725.60      | 0.00%             | 2027-09-17      | Fixed         | 1.36%                 | No            |                  2 | On Loan: No      |
| SURA ASSET MANAGEMENT                                                            | SURA Asset Management SA                                                         | CUSIP: 000000000<br>LEI: 549300013ETMS1C0EA22 | Long             | DBT              | CORP              | CO        |     200000 | PA      | $198648.00     | 0.00%             | 2024-04-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBU9<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     540000 | PA      | $404406.00     | 0.00%             | 2041-03-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140HEXQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     139614 | PA      | $141067.15     | 0.00%             | 2048-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                              | Invitation Homes Operating Partnership LP                                        | CUSIP: 46188BAB8<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |     285000 | PA      | $243184.80     | 0.00%             | 2028-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 891906AF6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     172000 | PA      | $166026.44     | 0.00%             | 2028-06-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ST MARYS CEMENT INC                                                              | St Marys Cement Inc Canada                                                       | CUSIP: 78478EAA6<br>LEI: 5493009981WBHS86CJ89 | Long             | DBT              | CORP              | CA        |     360000 | PA      | $365032.80     | 0.00%             | 2027-01-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                       | CUSIP: 842434CX8<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     420000 | PA      | $490904.40     | 0.00%             | 2052-11-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| XINGSHENG BVI CO LTD                                                             | Xingsheng BVI Co Ltd                                                             | CUSIP: 000000000<br>LEI: 3003009S12D3O8EKHR65 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $188164.00     | 0.00%             | 2024-08-25      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XCK0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     562000 | PA      | $551383.82     | 0.00%             | 2025-04-09      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     930000 | PA      | $60347.70      | 0.00%             | 2027-03-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                            | Lincoln National Corp                                                            | CUSIP: 534187BG3<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     470000 | PA      | $384243.80     | 0.00%             | 2048-03-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EWP0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     270000 | PA      | $273458.70     | 0.00%             | 2026-01-09      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                       | CUSIP: 695114CL0<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     685000 | PA      | $750075.00     | 0.00%             | 2039-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $562194.00     | 0.00%             | 2026-05-21      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MEXICO CITY ARPT TRUST                                                           | Mexico City Airport Trust                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     400000 | PA      | $388392.00     | 0.00%             | 2026-10-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JAS3<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     408000 | PA      | $431896.56     | 0.00%             | 2042-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                                                            | Civitas Resources Inc                                                            | CUSIP: 097793AE3<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |     241000 | PA      | $225592.87     | 0.00%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                | CUSIP: 370334BP8<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |      11000 | PA      | $9936.96       | 0.00%             | 2043-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   85200000 | PA      | $80973281.68   | 0.39%             | 2024-04-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                                                            | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AS5<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |     355000 | PA      | $308569.55     | 0.00%             | 2029-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818GC6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     400000 | PA      | $409484.00     | 0.00%             | 2052-09-09      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780DK9<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     200000 | PA      | $176472.00     | 0.00%             | 2052-03-31      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL                                                            | TotalEnergies Capital International SA                                           | CUSIP: 89153VAU3<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |     961000 | PA      | $776372.68     | 0.00%             | 2049-07-12      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FQ4<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     965000 | PA      | $927606.25     | 0.00%             | 2030-03-22      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137B7MZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     749585 | PA      | $743398.05     | 0.00%             | 2023-10-25      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| ABU DHABI CRUDE OIL                                                              | Abu Dhabi Crude Oil Pipeline LLC                                                 | CUSIP: 000000000<br>LEI: 549300DONDFW2383FV66 | Long             | DBT              | CORP              | AE        |    1600000 | PA      | $1524528.00    | 0.01%             | 2047-11-02      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| XPO CNW Inc                                                                      | XPO CNW Inc                                                                      | CUSIP: 12612WAB0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |     215000 | PA      | $195544.65     | 0.00%             | 2034-05-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| CMHI FINANCE BVI CO LTD                                                          | CMHI Finance BVI Co Ltd                                                          | CUSIP: 000000000<br>LEI: 549300KTVUL1BXLNPZ11 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $609102.00     | 0.00%             | 2028-08-06      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WXJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   14451383 | PA      | $12903785.18   | 0.06%             | 2052-02-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GLOBE LIFE INC                                                                   | Globe Life Inc                                                                   | CUSIP: 37959EAA0<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |     920000 | PA      | $754501.20     | 0.00%             | 2030-08-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BD0<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     915000 | PA      | $800432.85     | 0.00%             | 2045-03-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| TOWER BERSAMA INFRASTRUC                                                         | Tower Bersama Infrastructure Tbk PT                                              | CUSIP: 000000000<br>LEI: 213800ELUARKGNPAPY10 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $181218.00     | 0.00%             | 2027-05-02      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Mauser Packaging Solut                                                           | Mauser Packaging Solutions Holding Co                                            | CUSIP: 12429TAE4<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |     975000 | PA      | $948324.00     | 0.00%             | 2025-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PARK RIVER HOLDINGS INC                                                          | Park River Holdings Inc                                                          | CUSIP: 70082LAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     240000 | PA      | $170522.40     | 0.00%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABS5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    1165000 | PA      | $1040601.30    | 0.00%             | 2026-01-08      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| ECO MATERIAL TECH INC                                                            | Eco Material Technologies Inc                                                    | CUSIP: 27900QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     365000 | PA      | $351465.80     | 0.00%             | 2027-01-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048AX6<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     260000 | PA      | $239543.20     | 0.00%             | 2026-07-21      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    1800000 | PA      | $1313784.00    | 0.01%             | 2061-02-02      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SEPLAT ENERGY PL                                                                 | SEPLAT Energy PLC                                                                | CUSIP: 000000000<br>LEI: 029200711C4S4CB2E982 | Long             | DBT              | CORP              | NG        |     400000 | PA      | $348156.00     | 0.00%             | 2026-04-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Capital I                                                          | Goldman Sachs Capital I                                                          | CUSIP: 38143VAA7<br>LEI: 5299005MCIJK7R2NP351 | Long             | DBT              | CORP              | US        |    1349000 | PA      | $1450620.17    | 0.01%             | 2034-02-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM INT FIN                                                         | Deutsche Telekom International Finance BV                                        | CUSIP: 25156PAR4<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |     460000 | PA      | $437529.00     | 0.00%             | 2042-03-06      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Pharmacia LLC                                                                    | Pharmacia LLC                                                                    | CUSIP: 71713UAW2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     218000 | PA      | $245570.46     | 0.00%             | 2028-12-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05971KAG4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    1255000 | PA      | $1011605.30    | 0.00%             | 2030-12-03      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CJ2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     549000 | PA      | $471596.49     | 0.00%             | 2034-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308HA8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     325000 | PA      | $236067.00     | 0.00%             | 2042-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK                                                                 | Fifth Third Bank NA                                                              | CUSIP: 31677QBM0<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |     395000 | PA      | $390374.55     | 0.00%             | 2025-07-28      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375CZ3<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |     770000 | PA      | $522221.70     | 0.00%             | 2050-05-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAF8<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     883000 | PA      | $856368.72     | 0.00%             | 2024-07-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| B&G FOODS INC                                                                    | B&G Foods Inc                                                                    | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |     440000 | PA      | $355678.40     | 0.00%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133G6HZ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     193301 | PA      | $186286.16     | 0.00%             | 2034-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITIC                                                                            | CITIC Ltd                                                                        | CUSIP: 000000000<br>LEI: 2549006I3Q3M98KHOT11 | Long             | DBT              | CORP              | HK        |     800000 | PA      | $749688.00     | 0.00%             | 2027-02-17      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| OWENS & MINOR INC                                                                | Owens & Minor Inc                                                                | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |     345000 | PA      | $305356.05     | 0.00%             | 2030-04-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558AZ6<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     796000 | PA      | $778933.76     | 0.00%             | 2025-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Ohio Inc                                                             | Duke Energy Ohio Inc                                                             | CUSIP: 26442EAF7<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |     543000 | PA      | $518467.26     | 0.00%             | 2029-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| NBK TIER 1 LTD                                                                   | NBK Tier 1 Ltd                                                                   | CUSIP: 000000000<br>LEI: 5493000G4QCCEE8YHF19 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $177706.00     | 0.00%             | 2026-08-24      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 92556HAC1<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     683000 | PA      | $542541.05     | 0.00%             | 2050-05-19      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                                                  | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     600000 | PA      | $551736.00     | 0.00%             | 2025-11-21      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 94974BGK0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1537000 | PA      | $1308909.20    | 0.01%             | 2045-05-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc                                                                  | Xcel Energy Inc                                                                  | CUSIP: 98389BAU4<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |    1161000 | PA      | $1109811.51    | 0.01%             | 2026-12-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCSU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11183894 | PA      | $8967025.41    | 0.04%             | 2051-07-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                       | CUSIP: 337738AU2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    1930000 | PA      | $1796791.40    | 0.01%             | 2029-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                                                       | Eaton Corp                                                                       | CUSIP: 278062AF1<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |      95000 | PA      | $82819.10      | 0.00%             | 2047-09-15      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| GOTO GROUP INC                                                                   | GoTo Group Inc                                                                   | CUSIP: 541056AA5<br>LEI: 549300D12V5KRBV00592 | Long             | DBT              | CORP              | US        |     693000 | PA      | $349084.89     | 0.00%             | 2027-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OMAN SOVEREIGN SUKUK                                                             | Oman Sovereign Sukuk Co                                                          | CUSIP: 000000000<br>LEI: 549300KM6RUZQLK8LU36 | Long             | DBT              | NUSS              | OM        |    1200000 | PA      | $1201452.00    | 0.01%             | 2030-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YDY8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1660000 | PA      | $1526237.20    | 0.01%             | 2045-01-27      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                             | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAR7<br>LEI: P77IMDGVZE8EFBTF2M92 | Long             | DBT              | CORP              | XX        |     320000 | PA      | $285427.20     | 0.00%             | 2027-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE                                 | CUSIP: 16772PAQ9<br>LEI: 549300CB8XLRGIPN3E12 | Long             | DBT              | MUN               | US        |     400000 | PA      | $446522.40     | 0.00%             | 2040-12-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                                                              | Meritage Homes Corp                                                              | CUSIP: 59001AAY8<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     213000 | PA      | $213984.06     | 0.00%             | 2025-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GACI FIRST INVESTMENT                                                            | Gaci First Investment Co                                                         | CUSIP: 000000000<br>LEI: 558600TU1PWGNLZ3XM88 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $385344.00     | 0.00%             | 2122-10-13      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                         | Mars Inc                                                                         | CUSIP: 571676AA3<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     976000 | PA      | $937584.64     | 0.00%             | 2025-04-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJR75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      40434 | PA      | $39094.77      | 0.00%             | 2032-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFP1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   72880000 | PA      | $73443681.61   | 0.35%             | 2025-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Yapi ve Kredi Bankasi AS                                                         | Yapi ve Kredi Bankasi AS                                                         | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $201738.00     | 0.00%             | 2024-10-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP INC                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SBP7<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     768000 | PA      | $530949.12     | 0.00%             | 2061-02-04      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                    | CUSIP: 960413AY8<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |     315000 | PA      | $222065.55     | 0.00%             | 2041-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| THAIOIL TRSRY CENTER                                                             | Thaioil Treasury Center Co Ltd                                                   | CUSIP: 88323AAD4<br>LEI: 549300NH03B9E8VGJR89 | Long             | DBT              | CORP              | TH        |     400000 | PA      | $342776.00     | 0.00%             | 2048-11-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | Freeport-McMoRan Inc                                                             | CUSIP: 35671DCD5<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     790000 | PA      | $783672.10     | 0.00%             | 2029-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS INTL PL                                                         | Johnson Controls International plc                                               | CUSIP: 478375AL2<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | IE        |     525000 | PA      | $486769.50     | 0.00%             | 2044-07-02      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133BPXV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3122745 | PA      | $3141499.29    | 0.02%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJTG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     919641 | PA      | $854512.64     | 0.00%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                              | CUSIP: 59333P3W6<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |      60000 | PA      | $55340.82      | 0.00%             | 2041-10-01      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| PVH CORP                                                                         | PVH Corp                                                                         | CUSIP: 693656AC4<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | DBT              | CORP              | US        |     767000 | PA      | $754237.12     | 0.00%             | 2025-07-10      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     520000 | PA      | $714859.60     | 0.00%             | 2039-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| KOBE US MIDCO 2 INC                                                              | Kobe US Midco 2 Inc                                                              | CUSIP: 499894AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     165000 | PA      | $121959.75     | 0.00%             | 2026-11-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CGA3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   70000000 | PA      | $70224219.10   | 0.34%             | 2025-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PDC Energy Inc                                                                   | PDC Energy Inc                                                                   | CUSIP: 69327RAJ0<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |     580000 | PA      | $560900.60     | 0.00%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 94974BGP9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1270000 | PA      | $1234706.70    | 0.01%             | 2025-09-29      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                      | Cargill Inc                                                                      | CUSIP: 141781BX1<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |      75000 | PA      | $70722.75      | 0.00%             | 2052-04-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHUBB CORP                                                                       | Chubb Corp/The                                                                   | CUSIP: 171232AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     560000 | PA      | $663667.20     | 0.00%             | 2038-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HHV5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1307000 | PA      | $1392294.82    | 0.01%             | 2040-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NBF1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     900000 | PA      | $735120.00     | 0.00%             | 2033-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                                                          | Oesterreichische Kontrollbank AG                                                 | CUSIP: 676167CB3<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |     500000 | PA      | $454185.00     | 0.00%             | 2025-09-17      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                         | CUSIP: 26884LAG4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1169938.00    | 0.01%             | 2030-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                                               | Steel Dynamics Inc                                                               | CUSIP: 858119BK5<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     260000 | PA      | $239577.00     | 0.00%             | 2030-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| REALOGY GROUP/CO-ISSUER                                                          | Realogy Group LLC / Realogy Co-Issuer Corp                                       | CUSIP: 75606DAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     710000 | PA      | $532464.50     | 0.00%             | 2030-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CV0<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     750000 | PA      | $631440.00     | 0.00%             | 2030-06-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                                                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   14251560 | PA      | $4379076.84    | 0.02%             | 2035-07-09      | Variable      | 1.50%                 | No            |                  2 | On Loan: —       |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDU2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    3396000 | PA      | $2319909.48    | 0.01%             | 2056-11-01      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 05531GAB7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     880000 | PA      | $832999.20     | 0.00%             | 2029-03-19      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| McLaren Health Care Corp                                                         | McLaren Health Care Corp                                                         | CUSIP: 581760AV7<br>LEI: 549300OY1YHQK68ZQX37 | Long             | DBT              | CORP              | US        |     265000 | PA      | $240394.75     | 0.00%             | 2048-05-15      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAM5<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     420000 | PA      | $409117.80     | 0.00%             | 2052-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 292480AM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     452000 | PA      | $424482.24     | 0.00%             | 2029-09-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CommScope Inc                                                                    | CommScope Inc                                                                    | CUSIP: 20338QAD5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     984000 | PA      | $943459.20     | 0.00%             | 2026-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SHEA HOMES LP/FNDG CP                                                            | Shea Homes LP / Shea Homes Funding Corp                                          | CUSIP: 82088KAK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     312000 | PA      | $277845.36     | 0.00%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 144141CY2<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     130000 | PA      | $148086.90     | 0.00%             | 2038-04-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| SOCIEDAD QUIMICA Y MINER                                                         | Sociedad Quimica y Minera de Chile SA                                            | CUSIP: 000000000<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $439962.00     | 0.00%             | 2051-09-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AU7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     425000 | PA      | $395471.00     | 0.00%             | 2052-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                  | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE                       | CUSIP: 345105JE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     350000 | PA      | $290066.00     | 0.00%             | 2049-01-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Kingdom of Jordan                                                                | Jordan Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     680000 | PA      | $666876.00     | 0.00%             | 2027-01-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAY8<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |      60000 | PA      | $41622.60      | 0.00%             | 2041-02-09      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Puget Sound Energy Inc                                                           | Puget Sound Energy Inc                                                           | CUSIP: 745332CG9<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     446000 | PA      | $388729.14     | 0.00%             | 2045-05-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                                          | Standard Industries Inc/NJ                                                       | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     755000 | PA      | $707216.05     | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NATIONAL HEALTH INVESTOR                                                         | National Health Investors Inc                                                    | CUSIP: 63633DAF1<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | DBT              |  | US        |     543000 | PA      | $414580.50     | 0.00%             | 2031-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967NU1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1205000 | PA      | $1188563.80    | 0.01%             | 2033-05-24      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448DF2<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     225000 | PA      | $215721.00     | 0.00%             | 2026-02-24      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| AES GENER SA                                                                     | AES Andes SA                                                                     | CUSIP: 000000000<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $389436.00     | 0.00%             | 2079-03-26      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                                                         | Telefonica Emisiones SA                                                          | CUSIP: 87938WAT0<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    1292000 | PA      | $1253162.48    | 0.01%             | 2027-03-08      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                                                           | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC                   | CUSIP: 48250NAC9<br>LEI: 549300G2LG4YUB3MM115 | Long             | DBT              | CORP              | US        |     369000 | PA      | $360092.34     | 0.00%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                              | CUSIP: 025816CG2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    1225000 | PA      | $1184268.75    | 0.01%             | 2024-07-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XJYN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6786335 | PA      | $6897832.16    | 0.03%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                | CUSIP: 049560AS4<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     621000 | PA      | $486205.74     | 0.00%             | 2049-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | CALIFORNIA ST UNIV REVENUE                                                       | CUSIP: 13077DKU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     680000 | PA      | $527767.04     | 0.00%             | 2051-11-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| JSW STEEL LTD                                                                    | JSW Steel Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800EK6HZSC4CVAJ09 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $178206.00     | 0.00%             | 2027-04-05      | Fixed         | 3.95%                 | No            |                  2 | On Loan: —       |
| DP WORLD PLC                                                                     | DP World Ltd/United Arab Emirates                                                | CUSIP: 000000000<br>LEI: 549300M3U2DNF4QVSS04 | Long             | DBT              | CORP              | AE        |    1000000 | PA      | $1007490.00    | 0.00%             | 2048-09-25      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                                         | Live Nation Entertainment Inc                                                    | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |     360000 | PA      | $321033.60     | 0.00%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JONES DESLAURIERS INSURA                                                         | Jones Deslauriers Insurance Management Inc                                       | CUSIP: 48020RAA3<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |     290000 | PA      | $294895.20     | 0.00%             | 2030-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                     | CUSIP: 615369AE5<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     534000 | PA      | $544348.92     | 0.00%             | 2044-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBK9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15915.90      | 0.00%             | 2029-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | Newell Brands Inc                                                                | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     305000 | PA      | $306647.00     | 0.00%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BANK OF CHINA/HONG KONG                                                          | Bank of China Ltd/Hong Kong                                                      | CUSIP: 000000000<br>LEI: 549300OGSFI8KL1WUU09 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $384800.00     | 0.00%             | 2024-02-04      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                                                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAR3<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     510000 | PA      | $484714.20     | 0.00%             | 2029-05-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                                                           | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AD5<br>LEI: N/A                  | Long             | DBT              |  | US        |     325000 | PA      | $250435.25     | 0.00%             | 2030-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY SOUTH                                                            | Dominion Energy South Carolina Inc                                               | CUSIP: 25731VAA2<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |     160000 | PA      | $134441.60     | 0.00%             | 2031-12-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EC0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1572000 | PA      | $1367891.52    | 0.01%             | 2028-02-08      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QDDQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     858704 | PA      | $789225.97     | 0.00%             | 2050-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LP                                                                 | ERP Operating LP                                                                 | CUSIP: 26884ABL6<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     525000 | PA      | $475240.50     | 0.00%             | 2029-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023DC6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     745000 | PA      | $682703.10     | 0.00%             | 2031-02-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                           | Lumen Technologies Inc                                                           | CUSIP: 156700BB1<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     550000 | PA      | $470354.50     | 0.00%             | 2026-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081EA7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    1288000 | PA      | $1240318.24    | 0.01%             | 2026-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ASSURANT INC                                                                     | Assurant Inc                                                                     | CUSIP: 04621XAN8<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     115000 | PA      | $88875.45      | 0.00%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50076QAN6<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     510000 | PA      | $563167.50     | 0.00%             | 2040-02-09      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                                                                 | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     980000 | PA      | $835450.00     | 0.00%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ACT0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1755000 | PA      | $1279956.60    | 0.01%             | 2052-10-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NORTHRIVER MIDSTREAM FIN                                                         | Northriver Midstream Finance LP                                                  | CUSIP: 66679NAA8<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |     305000 | PA      | $292763.40     | 0.00%             | 2026-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SUT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     260531 | PA      | $236128.66     | 0.00%             | 2047-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                                             | Blue Owl Finance LLC                                                             | CUSIP: 09581JAG1<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |     100000 | PA      | $84442.00      | 0.00%             | 2032-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QQUJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5812592 | PA      | $5908090.92    | 0.03%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                                                          | Asbury Automotive Group Inc                                                      | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     580000 | PA      | $512464.80     | 0.00%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBT7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     665000 | PA      | $607357.80     | 0.00%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                             | CUSIP: 94106LBL2<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     316000 | PA      | $286687.84     | 0.00%             | 2025-11-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                          | New Fortress Energy Inc                                                          | CUSIP: 644393AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1065000 | PA      | $983197.35     | 0.00%             | 2026-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| World OMNI Select Auto Trust                                                     | World Omni Select Auto Trust 2020-A                                              | CUSIP: 98163DAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     195668 | PA      | $194205.69     | 0.00%             | 2025-07-15      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                               | Panama Government International Bond                                             | CUSIP: 698299AK0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     800000 | PA      | $969056.00     | 0.00%             | 2029-04-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAE7<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     371000 | PA      | $359647.40     | 0.00%             | 2025-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                           | Cox Communications Inc                                                           | CUSIP: 224044CH8<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     355000 | PA      | $344527.50     | 0.00%             | 2024-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05583JAC6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     535000 | PA      | $495238.80     | 0.00%             | 2027-10-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13645RBF0<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     890000 | PA      | $768470.50     | 0.00%             | 2031-12-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                        | CUSIP: 42809HAF4<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |     705000 | PA      | $689059.95     | 0.00%             | 2024-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SHARP HEALTHCARE                                                                 | Sharp HealthCare                                                                 | CUSIP: 819892AL4<br>LEI: 549300DEPBQ9WUW1K512 | Long             | DBT              | CORP              | US        |     335000 | PA      | $218845.45     | 0.00%             | 2050-08-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| AMAGGI LUX INTL SARL                                                             | Amaggi Luxembourg International Sarl                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     600000 | PA      | $564510.00     | 0.00%             | 2028-01-28      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAG8<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     712000 | PA      | $666360.80     | 0.00%             | 2025-06-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                         | CUSIP: 21871XAG4<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     575000 | PA      | $523583.50     | 0.00%             | 2032-04-05      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CNOOC FINANCE 2014 ULC                                                           | CNOOC Finance 2014 ULC                                                           | CUSIP: 12591DAD3<br>LEI: 549300QK7VNAZ4SHZS12 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $188278.00     | 0.00%             | 2044-04-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                                            | Tenet Healthcare Corp                                                            | CUSIP: 88033GAV2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     407000 | PA      | $376002.88     | 0.00%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDV0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   10000000 | PA      | $9623046.90    | 0.05%             | 2024-01-31      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| OQ SAOC                                                                          | OQ SAOC                                                                          | CUSIP: 000000000<br>LEI: 549300YK417GKI6EQ392 | Long             | DBT              | CORP              | OM        |     400000 | PA      | $386276.00     | 0.00%             | 2028-05-06      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468U6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1848000 | PA      | $1461158.16    | 0.01%             | 2032-02-13      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| PRES & FELLOWS OF HARVAR                                                         | President and Fellows of Harvard College                                         | CUSIP: 740816AG8<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |     115000 | PA      | $141792.70     | 0.00%             | 2039-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048AM0<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     310000 | PA      | $295448.60     | 0.00%             | 2025-02-10      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| DAR AL-ARKAN SUKUK CO LT                                                         | Dar Al-Arkan Sukuk Co Ltd                                                        | CUSIP: 000000000<br>LEI: 5493000UYHRBXEIYUQ69 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $395748.00     | 0.00%             | 2025-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZD7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    1070000 | PA      | $955156.90     | 0.00%             | 2026-06-03      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AY1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    1033000 | PA      | $1020294.10    | 0.00%             | 2024-02-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| HEALTH CARE SERVICE CORP                                                         | Health Care Service Corp A Mutual Legal Reserve Co                               | CUSIP: 42218SAD0<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |     205000 | PA      | $189592.20     | 0.00%             | 2025-06-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513ECK5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    1010000 | PA      | $936027.60     | 0.00%             | 2047-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1000000 | PA      | $948350.00     | 0.00%             | 2043-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                                                           | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAZ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     458000 | PA      | $408261.20     | 0.00%             | 2030-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | Newell Brands Inc                                                                | CUSIP: 651229BB1<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     405000 | PA      | $395729.55     | 0.00%             | 2025-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                                                            | Universal Health Services Inc                                                    | CUSIP: 913903AZ3<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    1030000 | PA      | $906935.60     | 0.00%             | 2026-09-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                          | Southwestern Electric Power Co                                                   | CUSIP: 845437BR2<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     720000 | PA      | $697514.40     | 0.00%             | 2028-09-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A2J9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    1258000 | PA      | $1206572.96    | 0.01%             | 2024-06-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DV5Z4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5403233 | PA      | $5283776.82    | 0.03%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     827000 | PA      | $797451.29     | 0.00%             | 2027-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                               | CUSIP: 02361DAV2<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     275000 | PA      | $223729.00     | 0.00%             | 2030-11-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBU7<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     850000 | PA      | $759781.00     | 0.00%             | 2030-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| EMIRATES DEVELOPMENT BAN                                                         | Emirates Development Bank PJSC                                                   | CUSIP: 000000000<br>LEI: 5493002OSL5GLN4HID57 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $543522.00     | 0.00%             | 2026-06-15      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                                         | Microchip Technology Inc                                                         | CUSIP: 595017BC7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |     864000 | PA      | $809075.52     | 0.00%             | 2024-09-01      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| MHP Lux SA                                                                       | MHP Lux SA                                                                       | CUSIP: 000000000<br>LEI: 222100RHC7R1WZ1J3M44 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $192250.00     | 0.00%             | 2026-04-03      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                                                                 | Spirit Realty LP                                                                 | CUSIP: 84861TAH1<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              |  | US        |     315000 | PA      | $266297.85     | 0.00%             | 2028-03-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| NBCUniversal Media LLC                                                           | NBCUniversal Media LLC                                                           | CUSIP: 63946BAJ9<br>LEI: VTBDOQJ6KOGQ6K786R46 | Long             | DBT              | CORP              | US        |     549000 | PA      | $513199.71     | 0.00%             | 2043-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                                                          | Wisconsin Power and Light Co                                                     | CUSIP: 976826BQ9<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |     600000 | PA      | $572520.00     | 0.00%             | 2032-09-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FEL ENERGY VI SARL                                                               | FEL Energy VI Sarl                                                               | CUSIP: 000000000<br>LEI: 254900H2U8PBIY32VI94 | Long             | DBT              | CORP              | LU        |     923950 | PA      | $803087.98     | 0.00%             | 2040-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599AW4<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |     352000 | PA      | $329074.24     | 0.00%             | 2026-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AECOM                                                                            | AECOM                                                                            | CUSIP: 00774CAB3<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |     617000 | PA      | $606196.33     | 0.00%             | 2027-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| RWJ BARNABAS HEALTH                                                              | RWJ Barnabas Health Inc                                                          | CUSIP: 78349AAB9<br>LEI: 549300HV60S88R85TC91 | Long             | DBT              | CORP              | US        |     358000 | PA      | $308456.38     | 0.00%             | 2046-07-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CITIZENS BANK NA/RI                                                              | Citizens Bank NA/Providence RI                                                   | CUSIP: 75524KPG3<br>LEI: DRMSV1Q0EKMEXLAU1P80 | Long             | DBT              | CORP              | US        |     270000 | PA      | $267632.10     | 0.00%             | 2028-08-09      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PAK2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1102000 | PA      | $962652.10     | 0.00%             | 2048-07-24      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| Physicians Realty LP                                                             | Physicians Realty LP                                                             | CUSIP: 71951QAA0<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              |  | US        |     240000 | PA      | $232488.00     | 0.00%             | 2027-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RAW2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     625000 | PA      | $531750.00     | 0.00%             | 2030-01-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2C6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1056000 | PA      | $1044584.64    | 0.01%             | 2024-01-24      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128285C0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   50100000 | PA      | $48878812.50   | 0.23%             | 2025-09-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 74977RDP6<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     150000 | PA      | $134662.50     | 0.00%             | 2033-04-06      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| Jeld-Wen Inc                                                                     | JELD-WEN Inc                                                                     | CUSIP: 475795AC4<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     275000 | PA      | $243355.75     | 0.00%             | 2025-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142DW0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     250000 | PA      | $218412.50     | 0.00%             | 2047-12-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| FAB SUKUK COMPANY LTD                                                            | Fab Sukuk Co Ltd                                                                 | CUSIP: 000000000<br>LEI: 549300JEV79SSEDKS489 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $731272.00     | 0.00%             | 2026-01-14      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| XI YANG OVERSEAS                                                                 | Xi Yang Overseas Ltd                                                             | CUSIP: 000000000<br>LEI: 3003009ZR7DEOK6U2J71 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $194744.00     | 0.00%             | 2024-06-05      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FS0<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    1478000 | PA      | $1459879.72    | 0.01%             | 2050-03-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BC5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     365000 | PA      | $361532.50     | 0.00%             | 2024-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                                    | Owens Corning                                                                    | CUSIP: 690742AH4<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     200000 | PA      | $171234.00     | 0.00%             | 2048-01-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                                                                 | Black Hills Corp                                                                 | CUSIP: 092113AS8<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |     276000 | PA      | $211863.12     | 0.00%             | 2049-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEH1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     900000 | PA      | $882288.00     | 0.00%             | 2029-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORP                                                            | Owl Rock Capital Corp                                                            | CUSIP: 69121KAD6<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     570000 | PA      | $536592.30     | 0.00%             | 2026-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                        | CUSIP: 42809HAG2<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |     690000 | PA      | $676082.70     | 0.00%             | 2027-04-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Biogen Inc                                                                       | Biogen Inc                                                                       | CUSIP: 09062XAD5<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |     225000 | PA      | $231707.25     | 0.00%             | 2045-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Hydro-Quebec                                                                     | Hydro-Quebec                                                                     | CUSIP: 448814DL4<br>LEI: 6THEVG93PYJH84S4D167 | Long             | DBT              | NUSS              | CA        |       8000 | PA      | $10773.60      | 0.00%             | 2030-11-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | Sutter Health                                                                    | CUSIP: 86944BAH6<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |     310000 | PA      | $243526.70     | 0.00%             | 2040-08-15      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| INTERPUBLIC GROUP COS                                                            | Interpublic Group of Cos Inc/The                                                 | CUSIP: 460690BR0<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |     586000 | PA      | $572691.94     | 0.00%             | 2030-03-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                    | CUSIP: 59261AG76<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     700000 | PA      | $650568.10     | 0.00%             | 2049-11-15      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167CY7<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |      10000 | PA      | $9574.80       | 0.00%             | 2025-03-19      | Fixed         | 2.13%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMRT3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   18873824 | PA      | $16582608.74   | 0.08%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Chevron Corp                                                                     | Chevron Corp                                                                     | CUSIP: 166764BL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1284000 | PA      | $1234488.96    | 0.01%             | 2026-05-16      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91086QBF4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1600000 | PA      | $1326224.00    | 0.01%             | 2046-01-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| WISCONSIN PUBLIC SERVICE                                                         | Wisconsin Public Service Corp                                                    | CUSIP: 976843BP6<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |     180000 | PA      | $183457.80     | 0.00%             | 2025-11-10      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCW8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     270000 | PA      | $281115.90     | 0.00%             | 2030-01-13      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2J1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2587000 | PA      | $2233952.11    | 0.01%             | 2031-02-11      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                                         | African Development Bank                                                         | CUSIP: 00828EEF2<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |    5178000 | PA      | $4656316.50    | 0.02%             | 2026-07-22      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                         | CUSIP: 21871XAN9<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     680000 | PA      | $671942.00     | 0.00%             | 2052-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Amkor Technology Inc                                                             | Amkor Technology Inc                                                             | CUSIP: 031652BK5<br>LEI: 529900VHLRTKPWZJBM84 | Long             | DBT              | CORP              | US        |     325000 | PA      | $326134.25     | 0.00%             | 2027-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAS0<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     465000 | PA      | $427804.65     | 0.00%             | 2025-07-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3622A2TM4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     359085 | PA      | $354539.22     | 0.00%             | 2045-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Motiva Enterprises LLC                                                           | Motiva Enterprises LLC                                                           | CUSIP: 61980AAD5<br>LEI: UQZ4EDMHL4ZESPZY3752 | Long             | DBT              | CORP              | US        |     805000 | PA      | $860045.90     | 0.00%             | 2040-01-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| GTCR AP Finance Inc                                                              | GTCR AP Finance Inc                                                              | CUSIP: 40060QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     440000 | PA      | $432053.60     | 0.00%             | 2027-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                                                | CUSIP: 796253Y30<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     200000 | PA      | $227903.80     | 0.00%             | 2041-02-01      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QFMW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3291989 | PA      | $2906976.60    | 0.01%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WRP20<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     246752 | PA      | $231062.12     | 0.00%             | 2043-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ECOBANK TRANSNATIONAL                                                            | Ecobank Transnational Inc                                                        | CUSIP: 000000000<br>LEI: 213800USCE9Y111R4656 | Long             | DBT              | CORP              | TG        |     400000 | PA      | $400728.00     | 0.00%             | 2024-04-18      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| HONG KONG                                                                        | Hong Kong Government International Bond                                          | CUSIP: 43858AAJ9<br>LEI: 549300DSMAD69T7GGN13 | Long             | DBT              | NUSS              | HK        |     200000 | PA      | $225208.00     | 0.00%             | 2053-01-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                           | Lumen Technologies Inc                                                           | CUSIP: 550241AA1<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     350000 | PA      | $243862.50     | 0.00%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| LG CHEM LTD                                                                      | LG Chem Ltd                                                                      | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | DBT              | CORP              | KR        |     600000 | PA      | $561414.00     | 0.00%             | 2029-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179V7E4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   25093006 | PA      | $22517711.39   | 0.11%             | 2051-02-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                               | CUSIP: 25243YBF5<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |     750000 | PA      | $766297.50     | 0.00%             | 2025-10-24      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                         | CUSIP: 21871XAC3<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     800000 | PA      | $764568.00     | 0.00%             | 2027-04-05      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics Inc                                                             | Verisk Analytics Inc                                                             | CUSIP: 92345YAF3<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     672000 | PA      | $641854.08     | 0.00%             | 2029-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CABOT CORP                                                                       | Cabot Corp                                                                       | CUSIP: 127055AL5<br>LEI: K05C0SER542GQ6VLRO68 | Long             | DBT              | CORP              | US        |     450000 | PA      | $417348.00     | 0.00%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                    | CUSIP: 233331BG1<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |     837000 | PA      | $767210.94     | 0.00%             | 2025-06-01      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| LINDBLAD EXPEDITIONS LLC                                                         | Lindblad Expeditions LLC                                                         | CUSIP: 53523LAA8<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |     210000 | PA      | $205623.60     | 0.00%             | 2027-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162DD9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     650000 | PA      | $596492.00     | 0.00%             | 2029-02-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2019-B9 Mortgage Trust                                                 | CUSIP: 08160JAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2500000 | PA      | $2400247.20    | 0.01%             | 2052-03-15      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE BANKING                                                          | Oversea-Chinese Banking Corp Ltd                                                 | CUSIP: 69033CAC3<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |     608000 | PA      | $602181.44     | 0.00%             | 2024-06-19      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LANNETT CO INC                                                                   | Lannett Co Inc                                                                   | CUSIP: 51602UAD0<br>LEI: 5299001DJ6C90XX17G45 | Long             | DBT              | CORP              | US        |     205000 | PA      | $52742.40      | 0.00%             | 2026-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CASTLE PEAK PWR FIN CO                                                           | Castle Peak Power Finance Co Ltd                                                 | CUSIP: 000000000<br>LEI: 254900LYMFL8O07R2452 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $327024.00     | 0.00%             | 2031-03-03      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| TEMPUR SEALY INTL INC                                                            | Tempur Sealy International Inc                                                   | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |     615000 | PA      | $537159.45     | 0.00%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZQ8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     210000 | PA      | $176250.90     | 0.00%             | 2032-01-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CMB INTERNATIONAL LEASIN                                                         | CMB International Leasing Management Ltd                                         | CUSIP: 000000000<br>LEI: 5493003RO1EBM4E5IG13 | Long             | DBT              | CORP              | HK        |     800000 | PA      | $773720.00     | 0.00%             | 2024-07-03      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 000000000<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |     495000 | PA      | $483733.80     | 0.00%             | 2024-01-23      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3622A2SG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     790173 | PA      | $738649.02     | 0.00%             | 2046-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                                         | Amcor Flexibles North America Inc                                                | CUSIP: 02343JAA8<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |     300000 | PA      | $293730.00     | 0.00%             | 2025-05-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                              | CUSIP: 14448CAR5<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |    1371000 | PA      | $1103613.87    | 0.01%             | 2040-04-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ABB Finance USA Inc                                                              | ABB Finance USA Inc                                                              | CUSIP: 00037BAC6<br>LEI: 5493002Y01YAFV45F528 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9239.90       | 0.00%             | 2042-05-08      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                                                         | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op  | CUSIP: 150190AF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     545000 | PA      | $541239.50     | 0.00%             | 2025-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLEVELAND ELECTRIC ILLUM                                                         | Cleveland Electric Illuminating Co/The                                           | CUSIP: 186108CL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     345000 | PA      | $334353.30     | 0.00%             | 2030-11-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FAIRFAX INDIA HOLDINGS                                                           | Fairfax India Holdings Corp                                                      | CUSIP: 000000000<br>LEI: 549300K2JHXU7AX7CV78 | Long             | DBT              | CORP              | CA        |     250000 | PA      | $229017.50     | 0.00%             | 2028-02-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ4B3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      82426 | PA      | $80933.20      | 0.00%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FTAI INFRA ESC HLDGS LLC                                                         | FTAI Infra Escrow Holdings LLC                                                   | CUSIP: 30327TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     350000 | PA      | $352355.50     | 0.00%             | 2027-06-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756BR0<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    1100000 | PA      | $973324.00     | 0.00%             | 2041-01-07      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556CU4<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     865000 | PA      | $908137.55     | 0.00%             | 2032-11-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                                                          | SBA Communications Corp                                                          | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |     925000 | PA      | $854496.50     | 0.00%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS CO                                                             | National Fuel Gas Co                                                             | CUSIP: 636180BR1<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |     615000 | PA      | $499134.00     | 0.00%             | 2031-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CMS INTNTNL GEMSTONE                                                             | CMS International Gemstone Ltd                                                   | CUSIP: 000000000<br>LEI: 9845001AE6C993CB8D75 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $373764.00     | 0.00%             | 2024-09-16      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                                                              | Ecuador Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    2645700 | PA      | $1767274.69    | 0.01%             | 2030-07-31      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BX0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     325000 | PA      | $333914.75     | 0.00%             | 2026-11-04      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200JZ5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    1945000 | PA      | $1877411.25    | 0.01%             | 2026-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                            | CUSIP: 94106BAA9<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     227000 | PA      | $200461.43     | 0.00%             | 2030-02-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543CE1<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     698000 | PA      | $692311.30     | 0.00%             | 2041-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 257469AJ5<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     885000 | PA      | $899673.30     | 0.00%             | 2033-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JSW HYDRO ENERGY LTD                                                             | JSW Hydro Energy Ltd                                                             | CUSIP: 000000000<br>LEI: 3358006ZP5KO7VUH2790 | Long             | DBT              | CORP              | IN        |     354000 | PA      | $301717.74     | 0.00%             | 2031-05-18      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| HONG KONG                                                                        | Hong Kong Government International Bond                                          | CUSIP: 43858AAC4<br>LEI: 549300DSMAD69T7GGN13 | Long             | DBT              | NUSS              | HK        |     200000 | PA      | $180280.00     | 0.00%             | 2026-02-02      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550AJ5<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     114000 | PA      | $127409.82     | 0.00%             | 2031-03-15      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     700000 | PA      | $488936.00     | 0.00%             | 2030-10-14      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAJ8<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     210000 | PA      | $201562.20     | 0.00%             | 2043-08-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Murphy Oil USA Inc                                                               | Murphy Oil USA Inc                                                               | CUSIP: 626738AD0<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |     160000 | PA      | $157110.40     | 0.00%             | 2027-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAL1<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     256000 | PA      | $246776.32     | 0.00%             | 2027-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Nevada Power Co                                                                  | Nevada Power Co                                                                  | CUSIP: 641423BU1<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |     379000 | PA      | $439154.88     | 0.00%             | 2037-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KBD4<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    1245000 | PA      | $1103418.60    | 0.01%             | 2028-03-11      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI                                                            | US Bank NA/Cincinnati OH                                                         | CUSIP: 90331HPL1<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |     240000 | PA      | $229396.80     | 0.00%             | 2025-01-21      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AH2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |     186000 | PA      | $183955.86     | 0.00%             | 2026-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDS8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     649000 | PA      | $593088.65     | 0.00%             | 2029-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                                                               | Grupo Televisa SAB                                                               | CUSIP: 40049JAZ0<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |     793000 | PA      | $859104.48     | 0.00%             | 2040-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GVS0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1233000 | PA      | $1194468.75    | 0.01%             | 2045-10-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RPM INTERNATIONAL INC                                                            | RPM International Inc                                                            | CUSIP: 749685AY9<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |     170000 | PA      | $140027.30     | 0.00%             | 2032-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Rutgers The State University of New Jersey                                       | RUTGERS NJ ST UNIV                                                               | CUSIP: 783186TP4<br>LEI: 549300BOYDHNW8J60112 | Long             | DBT              | MUN               | US        |     100000 | PA      | $74130.00      | 0.00%             | 2119-05-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAR4<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | DBT              | CORP              | US        |     110000 | PA      | $106852.90     | 0.00%             | 2043-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC                                                          | Stagwell Global LLC                                                              | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     740000 | PA      | $648721.00     | 0.00%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                            | CUSIP: 904764BB2<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |     410000 | PA      | $400319.90     | 0.00%             | 2025-03-22      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128283D0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    4400000 | PA      | $4245484.36    | 0.02%             | 2024-10-31      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                 | CUSIP: 78355HKS7<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     575000 | PA      | $515562.25     | 0.00%             | 2026-09-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES GROUP                                                          | American Airlines Group Inc                                                      | CUSIP: 02376RAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     426000 | PA      | $398250.36     | 0.00%             | 2025-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DT1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     500000 | PA      | $421835.00     | 0.00%             | 2032-02-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BOXER PARENT CO INC                                                              | Boxer Parent Co Inc                                                              | CUSIP: 103186AB8<br>LEI: 5493006T045HLTF7YX04 | Long             | DBT              | CORP              | US        |     450000 | PA      | $447043.50     | 0.00%             | 2025-10-02      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QDFR0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3886324 | PA      | $3800316.91    | 0.02%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109BA1<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     375000 | PA      | $286912.50     | 0.00%             | 2033-03-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                             | CUSIP: 10112RBB9<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     705000 | PA      | $626801.40     | 0.00%             | 2029-06-21      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                            | CUSIP: 893574AR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     475000 | PA      | $393637.25     | 0.00%             | 2050-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | Bausch Health Cos Inc                                                            | CUSIP: 071734AM9<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     325000 | PA      | $145444.00     | 0.00%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RJX1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    1816000 | PA      | $1658552.80    | 0.01%             | 2027-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| CHINA CONSTRUCT BANK/HK                                                          | China Construction Bank Corp/Hong Kong                                           | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | DBT              | CORP              | CN        |     800000 | PA      | $763648.00     | 0.00%             | 2024-04-22      | Fixed         | 0.86%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                                                             | Republic of Italy Government International Bond                                  | CUSIP: 465410BG2<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    1510000 | PA      | $1511147.60    | 0.01%             | 2033-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1400000 | PA      | $1004990.00    | 0.00%             | 2050-05-29      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                              | Delta Air Lines Inc                                                              | CUSIP: 247361ZU5<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     610000 | PA      | $581940.00     | 0.00%             | 2024-10-28      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| FOUNDATION BUILDING M                                                            | Foundation Building Materials Inc                                                | CUSIP: 350392AA4<br>LEI: 549300ZVE6MONHB01I28 | Long             | DBT              | CORP              | US        |     310000 | PA      | $249357.80     | 0.00%             | 2029-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J9D65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     460707 | PA      | $445452.15     | 0.00%             | 2032-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CR97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      54672 | PA      | $53648.63      | 0.00%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOLEDO EDISON COMPANY                                                            | Toledo Edison Co/The                                                             | CUSIP: 889175BD6<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     337000 | PA      | $365628.15     | 0.00%             | 2037-05-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630DN5<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     600000 | PA      | $529698.00     | 0.00%             | 2027-04-25      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| CHINA CINDA 2020 I MNGMN                                                         | China Cinda 2020 I Management Ltd                                                | CUSIP: 000000000<br>LEI: 549300ZIBIB6Z9RSNU64 | Long             | DBT              | CORP              | VG        |    1200000 | PA      | $1126500.00    | 0.01%             | 2025-03-18      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UV74<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2395099 | PA      | $2230380.78    | 0.01%             | 2049-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Chubb INA Holdings Inc                                                           | Chubb INA Holdings Inc                                                           | CUSIP: 00440EAS6<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |    1239000 | PA      | $1203738.06    | 0.01%             | 2025-03-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFH7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2028000 | PA      | $2006361.24    | 0.01%             | 2024-08-26      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                                         | Take-Two Interactive Software Inc                                                | CUSIP: 874054AH2<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |     685000 | PA      | $640680.50     | 0.00%             | 2032-04-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NANYANG COMMERCIAL BANK                                                          | Nanyang Commercial Bank Ltd                                                      | CUSIP: 000000000<br>LEI: SC4P6WZO702RYEIU7J93 | Long             | DBT              | CORP              | HK        |     500000 | PA      | $480895.00     | 0.00%             | 2029-11-20      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CHINA MENGNIU DAIRY                                                              | China Mengniu Dairy Co Ltd                                                       | CUSIP: 000000000<br>LEI: 2549005Q343BSJ8RSS21 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $387688.00     | 0.00%             | 2024-07-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bausch Health Cos Inc                                                            | Bausch Health Cos Inc                                                            | CUSIP: 91911KAN2<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    1345000 | PA      | $1139806.80    | 0.01%             | 2025-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CU3<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     450000 | PA      | $313303.50     | 0.00%             | 2051-01-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CICC HK FINANCE 2016 MTN                                                         | CICC Hong Kong Finance 2016 MTN Ltd                                              | CUSIP: 000000000<br>LEI: 529900N4NO8N9ILCZC31 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $551148.00     | 0.00%             | 2026-01-26      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GRP NY                                                         | Australia & New Zealand Banking Group Ltd/New York NY                            | CUSIP: 05253JAL5<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |     435000 | PA      | $425190.75     | 0.00%             | 2025-11-16      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CI FINANCIAL CORP                                                                | CI Financial Corp                                                                | CUSIP: 125491AP5<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |     440000 | PA      | $277362.80     | 0.00%             | 2051-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VSH4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4229333 | PA      | $3919796.02    | 0.02%             | 2050-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CX2<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     600000 | PA      | $424068.00     | 0.00%             | 2071-03-12      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                | CUSIP: 30040WAS7<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     270000 | PA      | $267308.10     | 0.00%             | 2024-06-27      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555CX0<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     287000 | PA      | $235827.90     | 0.00%             | 2048-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                                                | Herc Holdings Inc                                                                | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     966000 | PA      | $925263.78     | 0.00%             | 2027-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Duke Energy Indiana LLC                                                          | Duke Energy Indiana LLC                                                          | CUSIP: 263901AB6<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |      95000 | PA      | $107931.40     | 0.00%             | 2039-04-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062BD5<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     500000 | PA      | $507750.00     | 0.00%             | 2032-10-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                | CUSIP: 020002AT8<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |      50000 | PA      | $55246.50      | 0.00%             | 2036-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAT8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     425000 | PA      | $314831.50     | 0.00%             | 2051-02-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| VIRTUSA CORP                                                                     | Virtusa Corp                                                                     | CUSIP: 92837TAA0<br>LEI: C77OMXDER63WLJCSKT03 | Long             | DBT              | CORP              | US        |     250000 | PA      | $210057.50     | 0.00%             | 2028-12-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| GERDAU TRADE INC                                                                 | Gerdau Trade Inc                                                                 | CUSIP: 000000000<br>LEI: 5493008RWEW71JB0LO29 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $397120.00     | 0.00%             | 2027-10-24      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| Apache Corp                                                                      | Apache Corp                                                                      | CUSIP: 037411BE4<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     245000 | PA      | $228430.65     | 0.00%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                               | CUSIP: 02361DAQ3<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     430000 | PA      | $379195.50     | 0.00%             | 2046-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                             | CUSIP: 94106LBR9<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     570000 | PA      | $450921.30     | 0.00%             | 2041-06-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XGG94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10275728 | PA      | $9365324.99    | 0.04%             | 2037-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                                         | African Development Bank                                                         | CUSIP: 00828EEP0<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |     335000 | PA      | $342969.65     | 0.00%             | 2027-11-03      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KCA DEUTAG UK FINANCE PL                                                         | KCA Deutag UK Finance PLC                                                        | CUSIP: 000000000<br>LEI: 529900T5G3VI71LSI184 | Long             | DBT              | CORP              | GB        |     250000 | PA      | $241975.00     | 0.00%             | 2025-12-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| ANTOFAGASTA PLC                                                                  | Antofagasta PLC                                                                  | CUSIP: 000000000<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | GB        |     600000 | PA      | $496044.00     | 0.00%             | 2030-10-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Woori Bank                                                                       | Woori Bank                                                                       | CUSIP: 98105HAG5<br>LEI: 549300VUVMRL6RE7R376 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $195274.00     | 0.00%             | 2028-08-06      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| INTERPUBLIC GROUP COS                                                            | Interpublic Group of Cos Inc/The                                                 | CUSIP: 460690BP4<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |     850000 | PA      | $838916.00     | 0.00%             | 2028-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132LKA83<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      17535 | PA      | $16975.34      | 0.00%             | 2030-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Northwestern University                                                          | Northwestern University                                                          | CUSIP: 668444AQ5<br>LEI: OBWWNZE695DUK77DTI34 | Long             | DBT              | CORP              | US        |     494000 | PA      | $420063.02     | 0.00%             | 2057-12-01      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST GEN FUND ANNUAL APPROP REVENUE                                      | CUSIP: 977100AC0<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |      20000 | PA      | $20298.42      | 0.00%             | 2026-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                                           | Extra Space Storage LP                                                           | CUSIP: 30225VAF4<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              |  | US        |     295000 | PA      | $241286.40     | 0.00%             | 2031-06-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F020422<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   28972903 | PA      | $26327993.92   | 0.13%             | 2038-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 780097BA8<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    2141000 | PA      | $2134812.51    | 0.01%             | 2026-04-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAT1<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     270000 | PA      | $266265.90     | 0.00%             | 2025-05-23      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| 99 ESCROW ISSUER INC                                                             | 99 Escrow Issuer Inc                                                             | CUSIP: 65442QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     235000 | PA      | $114811.60     | 0.00%             | 2026-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Oregon State University                                                          | OREGON ST UNIV GEN REVENUE                                                       | CUSIP: 68608WAL6<br>LEI: 549300UBMR6O3SFCEV73 | Long             | DBT              | MUN               | US        |     200000 | PA      | $150567.00     | 0.00%             | 2060-03-01      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664CU3<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     408000 | PA      | $350447.52     | 0.00%             | 2030-03-12      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RBN7<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     864000 | PA      | $771379.20     | 0.00%             | 2045-03-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BK0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     675000 | PA      | $693582.75     | 0.00%             | 2028-12-02      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Legrand France SA                                                                | Legrand France SA                                                                | CUSIP: 524671AA2<br>LEI: 969500TJLHIZLFRWEQ48 | Long             | DBT              | CORP              | FR        |       5000 | PA      | $5403.45       | 0.00%             | 2025-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AFFINITY GAMING                                                                  | Affinity Gaming                                                                  | CUSIP: 00842XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     395000 | PA      | $353386.75     | 0.00%             | 2027-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CE7<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     409000 | PA      | $431478.64     | 0.00%             | 2039-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| HANA BANK                                                                        | Hana Bank                                                                        | CUSIP: 000000000<br>LEI: 6RPK2YDJN6L35AS0M510 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $195614.00     | 0.00%             | 2024-10-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Southern Power Co                                                                | Southern Power Co                                                                | CUSIP: 843646AU4<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |     576000 | PA      | $526740.48     | 0.00%             | 2046-12-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167AZ6<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     300000 | PA      | $337167.00     | 0.00%             | 2028-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INSTITUTE OF                                                          | California Institute of Technology                                               | CUSIP: 13034VAD6<br>LEI: 549300CITPNHOTVPHC04 | Long             | DBT              | CORP              | US        |     206000 | PA      | $147930.66     | 0.00%             | 2119-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967LP4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1541000 | PA      | $1459219.13    | 0.01%             | 2028-07-24      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| SA GLOBAL SUKUK LTD                                                              | SA Global Sukuk Ltd                                                              | CUSIP: 000000000<br>LEI: 5493007DFAVKU7UOGR47 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $757720.00     | 0.00%             | 2024-06-17      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VFS8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1207000 | PA      | $1092057.39    | 0.01%             | 2025-11-20      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| Roche Holdings Inc                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BK7<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |     685000 | PA      | $648921.05     | 0.00%             | 2026-05-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| JT INTL FIN SERVICES BV                                                          | JT International Financial Services BV                                           | CUSIP: 480914AA8<br>LEI: 549300U2F0PG10VZUN93 | Long             | DBT              | CORP              | NL        |     300000 | PA      | $334218.00     | 0.00%             | 2032-10-24      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMTJ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      32192 | PA      | $31144.99      | 0.00%             | 2030-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                                                           | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     475000 | PA      | $394340.25     | 0.00%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Liberty Interactive LLC                                                          | Liberty Interactive LLC                                                          | CUSIP: 530715AD3<br>LEI: 549300SZUIU7Z32Q0664 | Long             | DBT              | CORP              | US        |     194000 | PA      | $98844.94      | 0.00%             | 2029-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X9CL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7009584 | PA      | $6589242.11    | 0.03%             | 2035-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1303960.00    | 0.01%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GFH SUKUK LTD                                                                    | GFH Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     400000 | PA      | $401372.00     | 0.00%             | 2025-01-28      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCK2<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     868000 | PA      | $786434.04     | 0.00%             | 2025-09-11      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| MARKEL CORP                                                                      | Markel Corp                                                                      | CUSIP: 570535AV6<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |     316000 | PA      | $260993.88     | 0.00%             | 2050-09-17      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BB9<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     315000 | PA      | $307342.35     | 0.00%             | 2024-05-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAP7<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4660.15       | 0.00%             | 2024-08-18      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                        | CUSIP: 26885BAL4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     729000 | PA      | $617521.32     | 0.00%             | 2031-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                     | CUSIP: 053332AZ5<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     328000 | PA      | $312813.60     | 0.00%             | 2030-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hanesbrands Inc                                                                  | Hanesbrands Inc                                                                  | CUSIP: 410345AL6<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |     845000 | PA      | $790083.45     | 0.00%             | 2026-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP                                                             | JetBlue 2020-1 Class A Pass Through Trust                                        | CUSIP: 477164AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     447600 | PA      | $406026.83     | 0.00%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Kilroy Realty LP                                                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAM4<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     170000 | PA      | $164432.50     | 0.00%             | 2024-12-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XC3V8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   23777029 | PA      | $22595867.93   | 0.11%             | 2051-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE INSURANCE                                                          | Guardian Life Insurance Co of America/The                                        | CUSIP: 401378AD6<br>LEI: N1YIDVMMKBHFYCCAIX69 | Long             | DBT              | CORP              | US        |     361000 | PA      | $262468.66     | 0.00%             | 2070-01-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818CF3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     240000 | PA      | $268771.20     | 0.00%             | 2029-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                       | CUSIP: 458140AY6<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     628000 | PA      | $534911.56     | 0.00%             | 2047-05-11      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE II                                                               | Huarong Finance II Co Ltd                                                        | CUSIP: 000000000<br>LEI: 549300BHVD63HE2GHX17 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $776624.00     | 0.00%             | 2025-01-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD                                                           | DBS Group Holdings Ltd                                                           | CUSIP: 24023KAF5<br>LEI: 5493007FKT78NKPM5V55 | Long             | DBT              | CORP              | SG        |      35000 | PA      | $30755.20      | 0.00%             | 2027-03-15      | Fixed         | 1.19%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                                          | DCP Midstream Operating LP                                                       | CUSIP: 23311VAJ6<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     683000 | PA      | $695013.97     | 0.00%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                                          | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    1295000 | PA      | $898768.85     | 0.00%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| PECO Energy Co                                                                   | PECO Energy Co                                                                   | CUSIP: 693304AH0<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     168000 | PA      | $185369.52     | 0.00%             | 2036-10-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VFL3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     890000 | PA      | $719609.50     | 0.00%             | 2030-09-18      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3131XYDC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5940153 | PA      | $5673164.92    | 0.03%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KPLY2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2230057 | PA      | $2154467.48    | 0.01%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/XO MGMT                                                           | VistaJet Malta Finance PLC / XO Management Holding Inc                           | CUSIP: 92840JAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     710000 | PA      | $626731.20     | 0.00%             | 2030-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAU2<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     561000 | PA      | $539934.45     | 0.00%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967LJ8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1229000 | PA      | $1109000.44    | 0.01%             | 2048-04-24      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF SASKATCHEWAN                                                         | Province of Saskatchewan Canada                                                  | CUSIP: 803854KQ0<br>LEI: 549300FKDIB7OJMBSP83 | Long             | DBT              | NUSS              | CA        |     210000 | PA      | $203828.10     | 0.00%             | 2027-06-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PBN1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     210000 | PA      | $228914.70     | 0.00%             | 2040-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                                              | Hudbay Minerals Inc                                                              | CUSIP: 000000000<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |     480000 | PA      | $442204.80     | 0.00%             | 2026-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                                                                 | Carlisle Cos Inc                                                                 | CUSIP: 142339AL4<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |     265000 | PA      | $211666.10     | 0.00%             | 2032-03-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| KOMMUNALBANKEN AS                                                                | Kommunalbanken AS                                                                | CUSIP: 50048MCV0<br>LEI: I7ETN0QQO2AHZZGHJ389 | Long             | DBT              | NUSS              | NO        |     400000 | PA      | $330180.00     | 0.00%             | 2030-06-14      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                                          | Starwood Property Trust Inc                                                      | CUSIP: 85571BAL9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     360000 | PA      | $348321.60     | 0.00%             | 2025-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BRISTOW GROUP INC                                                                | Bristow Group Inc                                                                | CUSIP: 11040GAA1<br>LEI: 5493005Q24EN3UC1PV68 | Long             | DBT              | CORP              | US        |     250000 | PA      | $238137.50     | 0.00%             | 2028-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                            | Bath & Body Works Inc                                                            | CUSIP: 501797AW4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     700000 | PA      | $684019.00     | 0.00%             | 2030-10-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CGI INC                                                                          | CGI Inc                                                                          | CUSIP: 12532HAF1<br>LEI: 549300WSRCZY73ZG3090 | Long             | DBT              | CORP              | CA        |     400000 | PA      | $314288.00     | 0.00%             | 2031-09-14      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225401AM0<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    1280000 | PA      | $1169894.40    | 0.01%             | 2025-09-11      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BX1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    1195000 | PA      | $968559.45     | 0.00%             | 2032-07-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818DY1<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     120000 | PA      | $117309.60     | 0.00%             | 2025-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                                                                | ONEOK Partners LP                                                                | CUSIP: 68268NAM5<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |     428000 | PA      | $428303.88     | 0.00%             | 2043-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Enel Chile SA                                                                    | Enel Chile SA                                                                    | CUSIP: 29278DAA3<br>LEI: 549300YM5CWCAUVOPB53 | Long             | DBT              | CORP              | CL        |     957000 | PA      | $945305.46     | 0.00%             | 2028-06-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     590000 | PA      | $426021.30     | 0.00%             | 2042-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBX3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2100000 | PA      | $1687602.00    | 0.01%             | 2032-02-04      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| VERTIV GROUP CORPORATION                                                         | Vertiv Group Corp                                                                | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |     595000 | PA      | $517578.60     | 0.00%             | 2028-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254CN8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     500000 | PA      | $552720.00     | 0.00%             | 2028-11-16      | Fixed         | 7.77%                 | No            |                  2 | On Loan: No      |
| PROMONTORIA HOLDING                                                              | Promontoria Holding 264 BV                                                       | CUSIP: 74349MAA4<br>LEI: 54930014SXEXD3RX1509 | Long             | DBT              | CORP              | NL        |     255000 | PA      | $241140.75     | 0.00%             | 2027-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| TJX COS INC                                                                      | TJX Cos Inc/The                                                                  | CUSIP: 872540AQ2<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |     495000 | PA      | $460721.25     | 0.00%             | 2026-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833CH1<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     988000 | PA      | $949359.32     | 0.00%             | 2047-02-09      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Viking Cruises Ltd                                                               | Viking Cruises Ltd                                                               | CUSIP: 92676XAC1<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     160000 | PA      | $146532.80     | 0.00%             | 2025-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                            | Lincoln National Corp                                                            | CUSIP: 534187BE8<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     416000 | PA      | $404318.72     | 0.00%             | 2025-03-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058HJ5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    1699000 | PA      | $1503869.85    | 0.01%             | 2029-10-23      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| CMG MEDIA CORPORATION                                                            | CMG Media Corp                                                                   | CUSIP: 88146LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     770000 | PA      | $602009.10     | 0.00%             | 2027-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                                              | Dollar General Corp                                                              | CUSIP: 256677AJ4<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4956.20       | 0.00%             | 2024-09-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                          | Southwestern Electric Power Co                                                   | CUSIP: 845437BT8<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     510000 | PA      | $361477.80     | 0.00%             | 2051-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DG0<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    2218000 | PA      | $2032309.04    | 0.01%             | 2029-06-18      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                                                                  | CMS Energy Corp                                                                  | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |     428000 | PA      | $389415.80     | 0.00%             | 2050-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687ET9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     686000 | PA      | $729883.42     | 0.00%             | 2043-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| KEYSIGHT TECHNOLOGIES                                                            | Keysight Technologies Inc                                                        | CUSIP: 49338LAF0<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |    1283000 | PA      | $1147258.60    | 0.01%             | 2029-10-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KB HOME                                                                          | KB Home                                                                          | CUSIP: 48666KBA6<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |     200000 | PA      | $200856.00     | 0.00%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06368DH72<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     270000 | PA      | $219334.50     | 0.00%             | 2037-01-10      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09261BAC4<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     140000 | PA      | $117465.60     | 0.00%             | 2028-08-05      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSUR & ANNUITY                                                         | Teachers Insurance & Annuity Association of America                              | CUSIP: 878091BF3<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |    1599000 | PA      | $1433743.35    | 0.01%             | 2047-05-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                                                             | Sonic Automotive Inc                                                             | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |     439000 | PA      | $365125.08     | 0.00%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                | CUSIP: 3622A2FW7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     437260 | PA      | $423987.43     | 0.00%             | 2043-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI HC CAPITAL                                                            | Mitsubishi HC Capital Inc                                                        | CUSIP: 60682LAF9<br>LEI: 353800MZ3QX9RLMH7B09 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $192794.00     | 0.00%             | 2025-04-13      | Fixed         | 3.64%                 | No            |                  2 | On Loan: —       |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0HR3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     200000 | PA      | $197110.00     | 0.00%             | 2025-12-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062BA1<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     300000 | PA      | $297057.00     | 0.00%             | 2025-09-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 03523TBW7<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    1465000 | PA      | $1627864.05    | 0.01%             | 2059-01-23      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   53400000 | PA      | $46278609.64   | 0.22%             | 2027-12-31      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                                                 | CUSIP: 79467BDX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1000000 | PA      | $812836.00     | 0.00%             | 2042-01-01      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LBF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     295000 | PA      | $221043.50     | 0.00%             | 2051-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WBJ6<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |      40000 | PA      | $31795.20      | 0.00%             | 2041-06-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VFV1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1600000 | PA      | $1040880.00    | 0.00%             | 2060-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EK2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1095000 | PA      | $779530.50     | 0.00%             | 2051-08-05      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                           | CNH Industrial Capital LLC                                                       | CUSIP: 12592BAM6<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |     185000 | PA      | $166290.95     | 0.00%             | 2026-07-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| PulteGroup Inc                                                                   | PulteGroup Inc                                                                   | CUSIP: 745867AW1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     920000 | PA      | $930000.40     | 0.00%             | 2026-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                                                              | Diebold Nixdorf Inc                                                              | CUSIP: 253651AD5<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |     478000 | PA      | $314557.46     | 0.00%             | 2025-07-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| BANCO BTG PACTUAL/CAYMAN                                                         | Banco BTG Pactual SA/Cayman Islands                                              | CUSIP: 05971BAE9<br>LEI: 2549002JHJ73KGETOK78 | Long             | DBT              | CORP              | BR        |     800000 | PA      | $772960.00     | 0.00%             | 2025-01-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CBJ2<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     320000 | PA      | $328595.20     | 0.00%             | 2033-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555CS1<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     355000 | PA      | $341176.30     | 0.00%             | 2025-05-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: —       |
| Videotron Ltd                                                                    | Videotron Ltd                                                                    | CUSIP: 92660FAG9<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |     416000 | PA      | $414410.88     | 0.00%             | 2024-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| KKR GRP FIN CO VI LLC                                                            | KKR Group Finance Co VI LLC                                                      | CUSIP: 48252AAA9<br>LEI: 549300TUJWGHJM3FSJ07 | Long             | DBT              | CORP              | US        |     508000 | PA      | $469483.44     | 0.00%             | 2029-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GREENKO DUTCH BV                                                                 | Greenko Dutch BV                                                                 | CUSIP: 000000000<br>LEI: 724500PT585P4JPVRP08 | Long             | DBT              | CORP              | NL        |     764000 | PA      | $683443.84     | 0.00%             | 2026-03-29      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK CHINA                                                         | Export-Import Bank of China/The                                                  | CUSIP: 000000000<br>LEI: 300300C1020211000045 | Long             | DBT              | NUSS              | CN        |    1200000 | PA      | $1148064.00    | 0.01%             | 2026-04-26      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                       | CUSIP: 458140AU4<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     718000 | PA      | $679831.12     | 0.00%             | 2026-05-19      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29278NAM5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     390000 | PA      | $391712.10     | 0.00%             | 2024-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SINOCHEM OFFSHORE CAPITA                                                         | Sinochem Offshore Capital Co Ltd                                                 | CUSIP: 000000000<br>LEI: 3003004LKKZ33WMP2P47 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $351324.00     | 0.00%             | 2026-09-23      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29278NAP8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     540000 | PA      | $515435.40     | 0.00%             | 2025-05-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TLR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     848034 | PA      | $792593.87     | 0.00%             | 2047-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                                                            | Brooklyn Union Gas Co/The                                                        | CUSIP: 114259AQ7<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |     640000 | PA      | $513113.60     | 0.00%             | 2048-03-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| NATIONAL SECS CLEARING                                                           | National Securities Clearing Corp                                                | CUSIP: 637639AE5<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |      45000 | PA      | $40521.15      | 0.00%             | 2025-12-07      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| GSK CONSUMER HEALTHCARE                                                          | GSK Consumer Healthcare Capital US LLC                                           | CUSIP: 36264FAM3<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |    1720000 | PA      | $1578340.80    | 0.01%             | 2032-03-24      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967NE7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     300000 | PA      | $246075.00     | 0.00%             | 2032-11-03      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDRM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2360837 | PA      | $2074881.22    | 0.01%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397ZX4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $969480.00     | 0.00%             | 2024-11-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| WMG ACQUISITION CORP                                                             | WMG Acquisition Corp                                                             | CUSIP: 92933BAR5<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |     685000 | PA      | $567207.40     | 0.00%             | 2031-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Southwest Gas Corp                                                               | Southwest Gas Corp                                                               | CUSIP: 845011AB1<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |     348000 | PA      | $272564.04     | 0.00%             | 2049-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 94974BFP0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1242000 | PA      | $1253699.64    | 0.01%             | 2043-11-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VAN0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     846000 | PA      | $730834.02     | 0.00%             | 2048-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                         | KLA Corp                                                                         | CUSIP: 482480AN0<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |     865000 | PA      | $895811.30     | 0.00%             | 2062-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JAB HOLDINGS BV                                                                  | JAB Holdings BV                                                                  | CUSIP: 46653KAB4<br>LEI: 529900RRNKUM3INJGF98 | Long             | DBT              | CORP              | NL        |     460000 | PA      | $301240.20     | 0.00%             | 2051-05-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 21684AAB2<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     740000 | PA      | $774128.80     | 0.00%             | 2043-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INC                                                                    | Synaptics Inc                                                                    | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |     240000 | PA      | $208437.60     | 0.00%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKL2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     705000 | PA      | $615190.05     | 0.00%             | 2037-03-08      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CARRIAGE PURCHASER INC                                                           | Carriage Purchaser Inc                                                           | CUSIP: 14445LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     225000 | PA      | $163185.75     | 0.00%             | 2029-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20050000 | PA      | $18596375.00   | 0.09%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| THAIOIL TRSRY CENTER                                                             | Thaioil Treasury Center Co Ltd                                                   | CUSIP: 88323AAH5<br>LEI: 549300NH03B9E8VGJR89 | Long             | DBT              | CORP              | TH        |     600000 | PA      | $405312.00     | 0.00%             | 2050-06-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                                                   | AutoNation Inc                                                                   | CUSIP: 05329WAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     465000 | PA      | $354702.00     | 0.00%             | 2031-08-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| FELLS POINT FUNDING TR                                                           | Fells Point Funding Trust                                                        | CUSIP: 314382AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     230000 | PA      | $214001.20     | 0.00%             | 2027-01-31      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                                          | Hungary Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    1400000 | PA      | $890008.00     | 0.00%             | 2051-09-21      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RHJ4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    2098000 | PA      | $2060907.36    | 0.01%             | 2029-03-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VAS9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     487000 | PA      | $483055.30     | 0.00%             | 2029-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                              | CUSIP: 025816CV9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     150000 | PA      | $147421.50     | 0.00%             | 2024-05-03      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ABU DHABI COMMERCIAL BNK                                                         | Abu Dhabi Commercial Bank PJSC                                                   | CUSIP: 000000000<br>LEI: 213800RWVKKIRX1AUH58 | Long             | DBT              | CORP              | AE        |    1000000 | PA      | $954790.00     | 0.00%             | 2027-03-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Textron Inc                                                                      | Textron Inc                                                                      | CUSIP: 883203BX8<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |     617000 | PA      | $590981.11     | 0.00%             | 2027-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                                                             | BWX Technologies Inc                                                             | CUSIP: 05605HAC4<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |     220000 | PA      | $198840.40     | 0.00%             | 2029-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KHUP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   14722791 | PA      | $12618824.24   | 0.06%             | 2050-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016FZX5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     850000 | PA      | $862818.00     | 0.00%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                                                             | Saudi Arabian Oil Co                                                             | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    2000000 | PA      | $1841640.00    | 0.01%             | 2039-04-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BOARDWALK PIPELINES LP                                                           | Boardwalk Pipelines LP                                                           | CUSIP: 096630AH1<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |     420000 | PA      | $374102.40     | 0.00%             | 2031-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                                                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675DCD2<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |     300000 | PA      | $296766.00     | 0.00%             | 2025-07-13      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| GEOPARK LTD                                                                      | Geopark Ltd                                                                      | CUSIP: 000000000<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | BM        |     400000 | PA      | $356220.00     | 0.00%             | 2027-01-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                                                            | Hightower Holding LLC                                                            | CUSIP: 43118DAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     194000 | PA      | $167224.12     | 0.00%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| HYSAN MTN LTD                                                                    | Hysan MTN Ltd                                                                    | CUSIP: 000000000<br>LEI: 2549006HEQ2V3JUMNQ45 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $557676.00     | 0.00%             | 2027-06-02      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523CQ1<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     861000 | PA      | $654385.83     | 0.00%             | 2051-03-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AROUNDTOWN SA                                                                    | Aroundtown SA                                                                    | CUSIP: 000000000<br>LEI: 529900H4DWG3KWMBMQ39 | Long             | DBT              | CORP              | LU        |    1000000 | PA      | $798770.00     | 0.00%             | 2029-03-21      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254CG3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     655000 | PA      | $590796.90     | 0.00%             | 2028-01-12      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCZ2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1250000 | PA      | $991000.00     | 0.00%             | 2050-02-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ACADEMY LTD                                                                      | Academy Ltd                                                                      | CUSIP: 00401YAA8<br>LEI: 549300BN53IR80C35Z14 | Long             | DBT              | CORP              | US        |     255000 | PA      | $246990.45     | 0.00%             | 2027-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| PITNEY BOWES INC                                                                 | Pitney Bowes Inc                                                                 | CUSIP: 724479AQ3<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     245000 | PA      | $192594.50     | 0.00%             | 2029-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| STERICYCLE INC                                                                   | Stericycle Inc                                                                   | CUSIP: 858912AG3<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |     305000 | PA      | $271041.30     | 0.00%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VANKE REAL ESTATE HK                                                             | Vanke Real Estate Hong Kong Co Ltd                                               | CUSIP: 000000000<br>LEI: 25490078APAXS5NZGF08 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $169896.00     | 0.00%             | 2029-11-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJYA2<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       7512 | PA      | $7579.08       | 0.00%             | 2046-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                                                          | Imperial Brands Finance PLC                                                      | CUSIP: 45262BAA1<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |     900000 | PA      | $869076.00     | 0.00%             | 2024-07-26      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2M5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    2525000 | PA      | $2182281.75    | 0.01%             | 2028-09-30      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBN0<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     448000 | PA      | $410341.12     | 0.00%             | 2027-04-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Northwest Pipeline LLC                                                           | Northwest Pipeline LLC                                                           | CUSIP: 66775VAB1<br>LEI: 549300FFKMN9OW536A14 | Long             | DBT              | CORP              | US        |     308000 | PA      | $298279.52     | 0.00%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829BC0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     755000 | PA      | $725434.20     | 0.00%             | 2026-07-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SGSP AUSTRALIA ASSETS                                                            | SGSP Australia Assets Pty Ltd                                                    | CUSIP: 000000000<br>LEI: 254900BJJ12X7PJT5072 | Long             | DBT              | CORP              | AU        |     200000 | PA      | $187934.00     | 0.00%             | 2026-07-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062BB9<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     300000 | PA      | $299706.00     | 0.00%             | 2027-10-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNQC0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3275544 | PA      | $3241825.90    | 0.02%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GLOBE LIFE INC                                                                   | Globe Life Inc                                                                   | CUSIP: 891027AS3<br>LEI: 5493001JFHKQOPP6XA71 | Long             | DBT              | CORP              | US        |     322000 | PA      | $324054.36     | 0.00%             | 2028-09-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EN6<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1045000 | PA      | $992802.25     | 0.00%             | 2029-08-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JL2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     534000 | PA      | $511919.10     | 0.00%             | 2025-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BM5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    1373000 | PA      | $1240848.75    | 0.01%             | 2029-07-18      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 3130AEB25<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     170000 | PA      | $165540.90     | 0.00%             | 2028-06-09      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                             | LifePoint Health Inc                                                             | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |     415000 | PA      | $278041.70     | 0.00%             | 2029-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308KG1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     650000 | PA      | $654751.50     | 0.00%             | 2032-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Brink's Co/The                                                                   | Brink's Co/The                                                                   | CUSIP: 109696AA2<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |     379000 | PA      | $355513.37     | 0.00%             | 2027-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BOOKING HOLDINGS INC                                                             | Booking Holdings Inc                                                             | CUSIP: 09857LAR9<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |    1104000 | PA      | $1109144.64    | 0.01%             | 2030-04-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION CO LLC                                                          | AEP Transmission Co LLC                                                          | CUSIP: 00115AAL3<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     280000 | PA      | $210854.00     | 0.00%             | 2049-09-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY OPERATING                                                         | NextEra Energy Operating Partners LP                                             | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     400000 | PA      | $376800.00     | 0.00%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GARDEN SPINCO CORP                                                               | Garden Spinco Corp                                                               | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     220000 | PA      | $236506.60     | 0.00%             | 2030-07-20      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                              | CUSIP: 14448CAP9<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     196000 | PA      | $181217.68     | 0.00%             | 2027-02-15      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| SHANGHAI PORT GROUP BV                                                           | Shanghai Port Group BVI Development 2 Co Ltd                                     | CUSIP: 000000000<br>LEI: 300300H5N2QPO1NZL057 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $855800.00     | 0.00%             | 2030-07-13      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 000000000<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |     400000 | PA      | $356908.00     | 0.00%             | 2028-03-08      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                            | Time Warner Cable LLC                                                            | CUSIP: 88732JAY4<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |     899000 | PA      | $846705.17     | 0.00%             | 2040-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NARRAGANSETT ELECTRIC                                                            | Narragansett Electric Co/The                                                     | CUSIP: 631005BH7<br>LEI: VAI0KZ806W8MCH0BCZ61 | Long             | DBT              | CORP              | US        |     150000 | PA      | $144772.50     | 0.00%             | 2028-08-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EUQ51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      99772 | PA      | $95387.46      | 0.00%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HONDA MOTOR CO LTD                                                               | Honda Motor Co Ltd                                                               | CUSIP: 438127AC6<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |     608000 | PA      | $541788.80     | 0.00%             | 2032-03-10      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    4595000 | PA      | $4242793.25    | 0.02%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                                                         | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     335000 | PA      | $327988.45     | 0.00%             | 2027-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DBF5<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     652000 | PA      | $599116.28     | 0.00%             | 2029-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| San Diego County Water Authority                                                 | SAN DIEGO CNTY CA WTR AUTH FING AGY WTR REVENUE                                  | CUSIP: 79741TAR5<br>LEI: 549300Y0QN5OFKA1G520 | Long             | DBT              | MUN               | US        |     250000 | PA      | $294613.00     | 0.00%             | 2049-05-01      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| MINSUR SA                                                                        | Minsur SA                                                                        | CUSIP: 000000000<br>LEI: 254900C69MVC7SXO2G61 | Long             | DBT              | CORP              | PE        |     400000 | PA      | $357312.00     | 0.00%             | 2031-10-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                                                                        | Lear Corp                                                                        | CUSIP: 521865BB0<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |      90000 | PA      | $78830.10      | 0.00%             | 2030-05-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EDC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8341850 | PA      | $7303713.25    | 0.04%             | 2052-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TRUSTEES PRINCETON UNIV                                                          | Trustees of Princeton University/The                                             | CUSIP: 89837LAB1<br>LEI: 549300PJZYINN64GDJ90 | Long             | DBT              | CORP              | US        |     317000 | PA      | $361158.10     | 0.00%             | 2039-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                                                           | Galaxy Pipeline Assets Bidco Ltd                                                 | CUSIP: 000000000<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |     487194 | PA      | $452739.43     | 0.00%             | 2027-09-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BK OF COMMUNICATIONS/HK                                                          | Bank of Communications Co Ltd/Hong Kong                                          | CUSIP: 000000000<br>LEI: 549300AX1UM10U30HK09 | Long             | DBT              | CORP              | CN        |     800000 | PA      | $730824.00     | 0.00%             | 2025-09-10      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 6174467Y9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2152000 | PA      | $2114340.00    | 0.01%             | 2026-09-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                                                     | SM Energy Co                                                                     | CUSIP: 78454LAP5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     257000 | PA      | $250965.64     | 0.00%             | 2027-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SAR4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    1127000 | PA      | $1044999.48    | 0.01%             | 2044-01-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| STONEMOR INC                                                                     | StoneMor Inc                                                                     | CUSIP: 86184WAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     343000 | PA      | $279202.00     | 0.00%             | 2029-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                                                           | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AN0<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |     520000 | PA      | $522412.80     | 0.00%             | 2025-01-17      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | LOS ANGELES CA UNIF SCH DIST                                                     | CUSIP: 544646ZR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     100000 | PA      | $116707.00     | 0.00%             | 2034-07-01      | Fixed         | 6.76%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                                                      | Gartner Inc                                                                      | CUSIP: 366651AE7<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |     670000 | PA      | $593559.70     | 0.00%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                                          | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    2265000 | PA      | $2031161.40    | 0.01%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AUTOMATIC DATA PROCESSNG                                                         | Automatic Data Processing Inc                                                    | CUSIP: 053015AG8<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | DBT              | CORP              | US        |     310000 | PA      | $276312.30     | 0.00%             | 2028-05-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| DRESDNER FNDG TRUST I                                                            | Dresdner Funding Trust I                                                         | CUSIP: 26156FAA1<br>LEI: 549300ZEO4BKB37E3J03 | Long             | DBT              | CORP              | US        |     765000 | PA      | $831386.70     | 0.00%             | 2031-06-30      | Fixed         | 8.15%                 | No            |                  2 | On Loan: No      |
| AFRICA FINANCE CORP                                                              | Africa Finance Corp                                                              | CUSIP: 000000000<br>LEI: 213800LXFHRRXIJRXW97 | Long             | DBT              | NUSS              | XX        |    1000000 | PA      | $937850.00     | 0.00%             | 2025-06-16      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                       | CUSIP: 842434CT7<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     488000 | PA      | $406669.92     | 0.00%             | 2050-02-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                                          | Starwood Property Trust Inc                                                      | CUSIP: 85571BAW5<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     235000 | PA      | $223273.50     | 0.00%             | 2024-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448CY2<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     395000 | PA      | $388431.15     | 0.00%             | 2025-07-17      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ITC Holdings Corp                                                                | ITC Holdings Corp                                                                | CUSIP: 465685AH8<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     447000 | PA      | $432923.97     | 0.00%             | 2043-07-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAF8<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     290000 | PA      | $284635.00     | 0.00%             | 2024-01-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                | CUSIP: 478160CN2<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     918000 | PA      | $839538.54     | 0.00%             | 2025-09-01      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CN0<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     900000 | PA      | $853992.00     | 0.00%             | 2027-04-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                                                   | Open Text Corp                                                                   | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     500000 | PA      | $512475.00     | 0.00%             | 2027-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| CNA FINANCIAL CORP                                                               | CNA Financial Corp                                                               | CUSIP: 126117AW0<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |     230000 | PA      | $187838.70     | 0.00%             | 2030-08-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                   | CUSIP: 806605AH4<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     275000 | PA      | $329804.75     | 0.00%             | 2037-09-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                                                | General Motors Co                                                                | CUSIP: 37045VAZ3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     740000 | PA      | $730609.40     | 0.00%             | 2032-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                           | CUSIP: 11271LAE2<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     813000 | PA      | $765756.57     | 0.00%             | 2030-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                  | CUSIP: 842587CV7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    1498000 | PA      | $1425421.90    | 0.01%             | 2026-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AHP HEALTH PARTN                                                                 | AHP Health Partners Inc                                                          | CUSIP: 00150LAB7<br>LEI: 549300QMM8MQ6SM5KX05 | Long             | DBT              | CORP              | US        |     205000 | PA      | $168495.65     | 0.00%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MEITUAN                                                                          | Meituan                                                                          | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $909360.00     | 0.00%             | 2025-10-28      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES HLDGS LLC                                                           | Baker Hughes Holdings LLC                                                        | CUSIP: 057224AZ0<br>LEI: 549300XU3XH6F05YEQ93 | Long             | DBT              | CORP              | US        |     953000 | PA      | $939962.96     | 0.00%             | 2040-09-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DA85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     207504 | PA      | $211672.60     | 0.00%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLOCK COMMUNICATIONS INC                                                         | Block Communications Inc                                                         | CUSIP: 093645AJ8<br>LEI: M5G68A9OHJWIL4SFC742 | Long             | DBT              | CORP              | US        |     175000 | PA      | $153965.00     | 0.00%             | 2028-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY                                                             | Rackspace Technology Global Inc                                                  | CUSIP: 750098AB1<br>LEI: 549300QTYCKLMFSE8I97 | Long             | DBT              | CORP              | US        |     355000 | PA      | $213443.75     | 0.00%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WESCO AIRCRAFT HOLDINGS                                                          | Wesco Aircraft Holdings Inc                                                      | CUSIP: 97789LAB2<br>LEI: 529900P5VTXZS191P208 | Long             | DBT              | CORP              | US        |     515000 | PA      | $344864.60     | 0.00%             | 2026-11-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| Electricite de France SA                                                         | Electricite de France SA                                                         | CUSIP: 268317AT1<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     636000 | PA      | $561988.68     | 0.00%             | 2048-09-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY SOUTHERN                                                             | Kansas City Southern/Old                                                         | CUSIP: 485170AQ7<br>LEI: 5493008C12PZMWP3WY03 | Long             | DBT              | CORP              | US        |     113000 | PA      | $99766.57      | 0.00%             | 2043-05-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36184Q2N3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     219043 | PA      | $212050.79     | 0.00%             | 2045-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                                                     | Illumina Inc                                                                     | CUSIP: 452327AP4<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |     995000 | PA      | $1027536.50    | 0.00%             | 2027-12-13      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582CK6<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     650000 | PA      | $506356.50     | 0.00%             | 2041-11-26      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                                          | Nationwide Building Society                                                      | CUSIP: 63859UBH5<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     385000 | PA      | $340239.90     | 0.00%             | 2026-10-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                     | CUSIP: 863667AF8<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     458000 | PA      | $449527.00     | 0.00%             | 2024-05-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Enel Americas SA                                                                 | Enel Americas SA                                                                 | CUSIP: 29274FAF1<br>LEI: 549300LKH11TFCJLZK20 | Long             | DBT              | CORP              | CL        |    1322000 | PA      | $1291501.46    | 0.01%             | 2026-10-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GG2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    1035000 | PA      | $868551.30     | 0.00%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                                                             | Sonic Automotive Inc                                                             | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |     365000 | PA      | $290894.05     | 0.00%             | 2031-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                   | CUSIP: 025537AJ0<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     455000 | PA      | $426385.05     | 0.00%             | 2027-11-13      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AIB Group PLC                                                                    | AIB Group PLC                                                                    | CUSIP: 00135TAB0<br>LEI: 635400AKJBGNS5WNQL34 | Long             | DBT              | CORP              | IE        |     465000 | PA      | $455174.55     | 0.00%             | 2025-04-10      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPAY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10530129 | PA      | $10171645.35   | 0.05%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                       | CUSIP: 98956PAB8<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |     345000 | PA      | $353273.10     | 0.00%             | 2039-11-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                                           | Comstock Resources Inc                                                           | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     730000 | PA      | $629953.50     | 0.00%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                     | CUSIP: 615369AC9<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     319000 | PA      | $318339.67     | 0.00%             | 2024-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    2080000 | PA      | $1717040.00    | 0.01%             | 2031-02-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FRUT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3170000 | PA      | $2792241.69    | 0.01%             | 2030-01-25      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                                                         | Olympus Water US Holding Corp                                                    | CUSIP: 16308NAA2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     225000 | PA      | $220335.75     | 0.00%             | 2027-10-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FB4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     263000 | PA      | $235179.86     | 0.00%             | 2042-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Tampa Electric Co                                                                | Tampa Electric Co                                                                | CUSIP: 875127BC5<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |     385000 | PA      | $340636.45     | 0.00%             | 2044-05-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAM3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     955000 | PA      | $853187.45     | 0.00%             | 2026-02-21      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829BN6<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     907000 | PA      | $1052029.30    | 0.01%             | 2050-04-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DP2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    1296000 | PA      | $937111.68     | 0.00%             | 2040-08-21      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBN6<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     750000 | PA      | $586912.50     | 0.00%             | 2049-09-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WBT6<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    1055000 | PA      | $988176.30     | 0.00%             | 2059-06-19      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                                                             | Petronas Capital Ltd                                                             | CUSIP: 000000000<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     600000 | PA      | $510504.00     | 0.00%             | 2032-01-28      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    1510000 | PA      | $1529343.10    | 0.01%             | 2027-07-15      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J9W56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     213293 | PA      | $210484.87     | 0.00%             | 2032-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCH7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1375000 | PA      | $1294205.00    | 0.01%             | 2025-06-01      | Fixed         | 0.82%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAJ2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     760000 | PA      | $697345.60     | 0.00%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBP9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1577000 | PA      | $1326146.61    | 0.01%             | 2037-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Burlington Resources LLC                                                         | Burlington Resources LLC                                                         | CUSIP: 12201PAN6<br>LEI: 0FJ5X7MVCTSE8OEPQE56 | Long             | DBT              | CORP              | US        |     117000 | PA      | $138659.04     | 0.00%             | 2031-12-01      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                                                         | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBG8<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    1120000 | PA      | $1095516.80    | 0.01%             | 2029-02-01      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406HCX5<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    1171000 | PA      | $1146397.29    | 0.01%             | 2024-09-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                        | CUSIP: 26885BAF7<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     320000 | PA      | $315161.60     | 0.00%             | 2025-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DXK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   56055396 | PA      | $47434936.83   | 0.23%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAV6<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     908000 | PA      | $901544.12     | 0.00%             | 2029-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EZX8<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    1010000 | PA      | $946652.80     | 0.00%             | 2024-10-07      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140H3XW1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     349177 | PA      | $333479.31     | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                                                          | Digital Realty Trust LP                                                          | CUSIP: 25389JAV8<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              |  | US        |     885000 | PA      | $905593.95     | 0.00%             | 2028-01-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                                                    | UBS AG/London                                                                    | CUSIP: 902674YU8<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |     630000 | PA      | $589642.20     | 0.00%             | 2025-01-13      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORP                                                            | Owl Rock Capital Corp                                                            | CUSIP: 69121KAF1<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     420000 | PA      | $361225.20     | 0.00%             | 2027-01-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607HR53<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |     205000 | PA      | $188770.15     | 0.00%             | 2032-04-07      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X4Z66<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     205975 | PA      | $202137.19     | 0.00%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                                                         | Ferrellgas LP / Ferrellgas Finance Corp                                          | CUSIP: 315289AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     675000 | PA      | $563712.75     | 0.00%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468N2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1835000 | PA      | $2005049.45    | 0.01%             | 2051-03-24      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| POSCO                                                                            | POSCO                                                                            | CUSIP: 73730EAD5<br>LEI: 9884000N94NH7G6LQ816 | Long             | DBT              | CORP              | KR        |    1000000 | PA      | $1031700.00    | 0.00%             | 2028-01-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| CubeSmart LP                                                                     | CubeSmart LP                                                                     | CUSIP: 22966RAC0<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |     450000 | PA      | $438201.00     | 0.00%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS ESCROW CORP                                                             | Entegris Escrow Corp                                                             | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     765000 | PA      | $717738.30     | 0.00%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                                                  | AstraZeneca PLC                                                                  | CUSIP: 046353AX6<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    1165000 | PA      | $746345.60     | 0.00%             | 2050-08-06      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ENQR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      11889 | PA      | $11994.79      | 0.00%             | 2041-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBT7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1017000 | PA      | $871833.42     | 0.00%             | 2036-07-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BRITISH AIR 19-1 AA PTT                                                          | British Airways 2019-1 Class AA Pass Through Trust                               | CUSIP: 11043XAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     333966 | PA      | $288790.59     | 0.00%             | 2032-12-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FS7<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     100000 | PA      | $98259.00      | 0.00%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280BB4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1215000 | PA      | $1173228.30    | 0.01%             | 2026-05-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EBK0<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     750000 | PA      | $738457.50     | 0.00%             | 2025-04-09      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Emera US Finance LP                                                              | Emera US Finance LP                                                              | CUSIP: 29103DAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     967000 | PA      | $809504.71     | 0.00%             | 2046-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| USAA CAPITAL CORP                                                                | USAA Capital Corp                                                                | CUSIP: 90327QD71<br>LEI: 5493007XLF4LU3U2W757 | Long             | DBT              | CORP              | US        |     290000 | PA      | $275337.60     | 0.00%             | 2024-05-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408GS6<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     345000 | PA      | $391809.60     | 0.00%             | 2040-04-30      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                        | CUSIP: 039482AB0<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |     643000 | PA      | $600562.00     | 0.00%             | 2030-03-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HJ5<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    1147000 | PA      | $1118657.63    | 0.01%             | 2028-03-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WDT5<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     468000 | PA      | $386067.24     | 0.00%             | 2031-01-13      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HJD3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     300000 | PA      | $258027.00     | 0.00%             | 2033-01-27      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBE5<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     833000 | PA      | $758763.04     | 0.00%             | 2045-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                                        | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $363448.00     | 0.00%             | 2027-01-19      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                         | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BD1<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |      60000 | PA      | $58948.80      | 0.00%             | 2025-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123BN0<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |      70000 | PA      | $80437.00      | 0.00%             | 2036-08-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| KUWAIT INTL BOND                                                                 | Kuwait International Government Bond                                             | CUSIP: 000000000<br>LEI: 549300FSC1YD0D9XX589 | Long             | DBT              | NUSS              | KW        |    2700000 | PA      | $2662794.00    | 0.01%             | 2027-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EnPro Industries Inc                                                             | EnPro Industries Inc                                                             | CUSIP: 29355XAG2<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |     145000 | PA      | $142936.65     | 0.00%             | 2026-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918CA0<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     550000 | PA      | $540991.00     | 0.00%             | 2047-02-06      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                                                                      | PNC Bank NA                                                                      | CUSIP: 69349LAS7<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     703000 | PA      | $616509.91     | 0.00%             | 2029-10-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                                                       | Eaton Corp                                                                       | CUSIP: 278062AD6<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |     499000 | PA      | $478456.17     | 0.00%             | 2032-11-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Protective Life Corp                                                             | Protective Life Corp                                                             | CUSIP: 743674BD4<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |     402000 | PA      | $386486.82     | 0.00%             | 2028-09-30      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                | CUSIP: 25179MBE2<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     154000 | PA      | $157754.52     | 0.00%             | 2028-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PBF4<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     595000 | PA      | $526218.00     | 0.00%             | 2030-05-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ACQ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     335000 | PA      | $283477.00     | 0.00%             | 2032-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BJ2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    1375000 | PA      | $1333653.75    | 0.01%             | 2024-07-18      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK PRGM SPC                                                          | CBB International Sukuk Programme Co WLL                                         | CUSIP: 000000000<br>LEI: 5493006IRJ2IWXTNIM16 | Long             | DBT              | NUSS              | BH        |     600000 | PA      | $592326.00     | 0.00%             | 2027-03-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $381148.00     | 0.00%             | 2027-08-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKS7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1993000 | PA      | $1957843.48    | 0.01%             | 2025-04-25      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI POWER CO                                                             | Mississippi Power Co                                                             | CUSIP: 605417CD4<br>LEI: LNZ0J6YZ5SC6ILIRU850 | Long             | DBT              | CORP              | US        |     168000 | PA      | $116753.28     | 0.00%             | 2051-07-30      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| W & T OFFSHORE INC                                                               | W&T Offshore Inc                                                                 | CUSIP: 92922PAM8<br>LEI: 549300Q7EOY2YIO3YK85 | Long             | DBT              | CORP              | US        |     245000 | PA      | $249282.60     | 0.00%             | 2026-02-01      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| NCB TIER 1 SUKUK LTD                                                             | NCB Tier 1 Sukuk Ltd                                                             | CUSIP: 000000000<br>LEI: 549300DJLY2JZABDD193 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $743960.00     | 0.00%             | 2026-07-26      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179MVS6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     408730 | PA      | $396405.17     | 0.00%             | 2042-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CED9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   28740000 | PA      | $27359132.96   | 0.13%             | 2025-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| FLEX INTERMEDIATE HOLDCO                                                         | Flex Intermediate Holdco LLC                                                     | CUSIP: 33939HAA7<br>LEI: 549300290TQIGM30A243 | Long             | DBT              | CORP              | US        |     287000 | PA      | $234324.02     | 0.00%             | 2031-06-30      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308GZ4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     283000 | PA      | $225092.54     | 0.00%             | 2042-04-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| PETRONAS ENERGY CANADA                                                           | Petronas Energy Canada Ltd                                                       | CUSIP: 000000000<br>LEI: 5493001PEB90YGTDC638 | Long             | DBT              | CORP              | CA        |     400000 | PA      | $358420.00     | 0.00%             | 2028-03-23      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167FT5<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |      30000 | PA      | $30454.80      | 0.00%             | 2032-09-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CI FINANCIAL CORP                                                                | CI Financial Corp                                                                | CUSIP: 125491AN0<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |     725000 | PA      | $567631.50     | 0.00%             | 2030-12-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AGILE GROUP HOLDINGS LTD                                                         | Agile Group Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 549300ZRISRT38EEYY07 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $123676.00     | 0.00%             | 2024-07-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BANCO DEL ESTADO -CHILE                                                          | Banco del Estado de Chile                                                        | CUSIP: 05968AAG1<br>LEI: 5493004R4EJC0W0XVQ72 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $382440.00     | 0.00%             | 2025-01-09      | Fixed         | 2.70%                 | No            |                  2 | On Loan: —       |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017BA6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     100000 | PA      | $115968.00     | 0.00%             | 2029-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VBQ2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     998000 | PA      | $852072.44     | 0.00%             | 2030-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | Ally Financial Inc                                                               | CUSIP: 02005NBP4<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     755000 | PA      | $630810.05     | 0.00%             | 2028-11-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X6TY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   14029059 | PA      | $13137007.86   | 0.06%             | 2048-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RMM1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    3340000 | PA      | $2698219.00    | 0.01%             | 2033-12-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| PUB SVC NEW HAMP                                                                 | Public Service Co of New Hampshire                                               | CUSIP: 744482BM1<br>LEI: 549300SHPFALUPKK2351 | Long             | DBT              | CORP              | US        |     359000 | PA      | $299179.83     | 0.00%             | 2049-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 85325WAA6<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    2055000 | PA      | $1944399.90    | 0.01%             | 2026-01-30      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | Seagate HDD Cayman                                                               | CUSIP: 81180WBD2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     355000 | PA      | $298260.35     | 0.00%             | 2031-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 26444HAA9<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     195000 | PA      | $151070.40     | 0.00%             | 2046-10-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                                                         | MassMutual Global Funding II                                                     | CUSIP: 57629WCW8<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |     125000 | PA      | $99637.50      | 0.00%             | 2030-10-09      | Fixed         | 1.55%                 | No            |                  2 | On Loan: —       |
| ALPEK SA DE CV                                                                   | Alpek SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300PWKJTP62D4IQ66 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $183698.00     | 0.00%             | 2029-09-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GGC7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1545000 | PA      | $1517962.50    | 0.01%             | 2027-11-25      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                                         | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     951000 | PA      | $843803.28     | 0.00%             | 2031-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| POWER FINANCE CORP LTD                                                           | Power Finance Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $186888.00     | 0.00%             | 2029-06-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                      | CUSIP: 87612EBQ8<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     750000 | PA      | $750105.00     | 0.00%             | 2033-01-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CK6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     388000 | PA      | $274983.36     | 0.00%             | 2051-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| KUWAIT PROJECTS CO SPC L                                                         | Kuwait Projects Co SPC Ltd                                                       | CUSIP: 000000000<br>LEI: 254900BQTJEWBK1TAN59 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $175552.00     | 0.00%             | 2026-10-29      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE AMERICA LLC                                                         | Enel Finance America LLC                                                         | CUSIP: 29280HAA0<br>LEI: 549300EGNLVUJX1DEC60 | Long             | DBT              | CORP              | US        |     700000 | PA      | $748825.00     | 0.00%             | 2027-10-14      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAB7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   30000000 | PA      | $27367968.90   | 0.13%             | 2025-07-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| NBN CO LTD                                                                       | NBN Co Ltd                                                                       | CUSIP: 62878U2C5<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |     208000 | PA      | $193712.48     | 0.00%             | 2024-10-08      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 26444HAJ0<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     680000 | PA      | $563951.20     | 0.00%             | 2030-06-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                                                         | Brandywine Operating Partnership LP                                              | CUSIP: 105340AQ6<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |     435000 | PA      | $374983.05     | 0.00%             | 2027-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDR0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     780000 | PA      | $754486.20     | 0.00%             | 2024-08-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Texas Health Resources                                                           | Texas Health Resources                                                           | CUSIP: 882484AA6<br>LEI: 54930008C10TUBW7Z611 | Long             | DBT              | CORP              | US        |     225000 | PA      | $203910.75     | 0.00%             | 2055-11-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                                                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   13760000 | PA      | $4926355.20    | 0.02%             | 2030-07-09      | Variable      | 0.50%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                                                               | Sonoco Products Co                                                               | CUSIP: 835495AN2<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |     565000 | PA      | $514342.10     | 0.00%             | 2027-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FT0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     337000 | PA      | $279042.74     | 0.00%             | 2041-05-20      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAH7<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     703000 | PA      | $631652.53     | 0.00%             | 2048-09-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMU35<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      12690 | PA      | $12281.12      | 0.00%             | 2031-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                                                   | CUSIP: 91412GHA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     110000 | PA      | $103097.50     | 0.00%             | 2112-05-15      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAZ0<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |     140000 | PA      | $115763.20     | 0.00%             | 2031-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                                                         | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     575000 | PA      | $546336.25     | 0.00%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2H9<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     708000 | PA      | $642269.28     | 0.00%             | 2025-11-13      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523BX7<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    1180000 | PA      | $1159444.40    | 0.01%             | 2024-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                               | CUSIP: 04686JAE1<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | BM        |      40000 | PA      | $26952.40      | 0.00%             | 2052-05-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Vale SA                                                                          | Vale SA                                                                          | CUSIP: 91912EAA3<br>LEI: 254900SMTWBX7RU2SR20 | Long             | DBT              | CORP              | BR        |     474000 | PA      | $478929.60     | 0.00%             | 2042-09-11      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| University of Virginia                                                           | UNIV OF VIRGINIA VA UNIV REVENUES                                                | CUSIP: 915217WX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      50000 | PA      | $41908.50      | 0.00%             | 2117-09-01      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD                                                         | Alimentation Couche-Tard Inc                                                     | CUSIP: 01626PAN6<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |     474000 | PA      | $358163.88     | 0.00%             | 2050-01-25      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| FLORIDA GAS TRANSMISSION                                                         | Florida Gas Transmission Co LLC                                                  | CUSIP: 340711AW0<br>LEI: 549300Q0UQF87NXNOC32 | Long             | DBT              | CORP              | US        |     186000 | PA      | $181787.10     | 0.00%             | 2025-07-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKAH1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   31432558 | PA      | $28722736.73   | 0.14%             | 2051-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MARS INC                                                                         | Mars Inc                                                                         | CUSIP: 571676AJ4<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     602000 | PA      | $531836.90     | 0.00%             | 2026-07-16      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPA98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2870774 | PA      | $2893278.28    | 0.01%             | 2052-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AKBANK TAS                                                                       | Akbank TAS                                                                       | CUSIP: 000000000<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $380932.00     | 0.00%             | 2025-03-31      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 25160PAM9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     360000 | PA      | $368978.40     | 0.00%             | 2027-09-09      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| BASIN ELECTRIC PWR COOP                                                          | Basin Electric Power Cooperative                                                 | CUSIP: 070101AH3<br>LEI: 5493002CLOJ5KYT5GB16 | Long             | DBT              | CORP              | US        |     378000 | PA      | $313089.84     | 0.00%             | 2047-04-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JERA CO INC                                                                      | JERA Co Inc                                                                      | CUSIP: 000000000<br>LEI: 353800OO5E7W1FV1SB75 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $187384.00     | 0.00%             | 2027-04-14      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| AAG FH LP/AAG FH FINCO                                                           | AAG FH LP / AAG FH Finco Inc                                                     | CUSIP: 00033AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      32000 | PA      | $31094.40      | 0.00%             | 2024-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                                         | Fox Corp                                                                         | CUSIP: 35137LAJ4<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    1147000 | PA      | $1111225.07    | 0.01%             | 2039-01-25      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| FMR LLC                                                                          | FMR LLC                                                                          | CUSIP: 30251BAC2<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | DBT              | CORP              | US        |     100000 | PA      | $109836.00     | 0.00%             | 2040-12-14      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J92F7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     714447 | PA      | $701549.08     | 0.00%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                                                           | Export-Import Bank of India                                                      | CUSIP: 30216KAF9<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |     800000 | PA      | $649800.00     | 0.00%             | 2031-01-13      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAT3<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |     400000 | PA      | $312988.00     | 0.00%             | 2051-06-09      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Capital One Multi-Asset Execution Trust                                          | Capital One Multi-Asset Execution Trust                                          | CUSIP: 14041NFX4<br>LEI: R42WS16M9R97TJJKGU15 | Long             | ABS-O            | CORP              | US        |    1000000 | PA      | $865460.73     | 0.00%             | 2030-07-15      | Fixed         | 1.39%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F020620<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  182384668 | PA      | $153288613.93  | 0.73%             | 2053-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TAMPA ELECTRIC CO                                                                | Tampa Electric Co                                                                | CUSIP: 875127BH4<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |     153000 | PA      | $128451.15     | 0.00%             | 2031-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                                           | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BH3<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     532000 | PA      | $550731.72     | 0.00%             | 2025-05-31      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286Z8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   13600000 | PA      | $13079906.22   | 0.06%             | 2024-06-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                           | CNH Industrial Capital LLC                                                       | CUSIP: 12592BAP9<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |     460000 | PA      | $467649.80     | 0.00%             | 2025-10-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| UTAH ACQUISITION SUB                                                             | Utah Acquisition Sub Inc                                                         | CUSIP: 62854AAP9<br>LEI: 549300A0CD4KNFGIIS89 | Long             | DBT              | CORP              | US        |     890000 | PA      | $744004.40     | 0.00%             | 2046-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                                         | Equitable Financial Life Global Funding                                          | CUSIP: 29449WAL1<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |    1210000 | PA      | $1077275.10    | 0.01%             | 2026-11-12      | Fixed         | 1.70%                 | No            |                  2 | On Loan: —       |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKJ7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1803000 | PA      | $1646391.42    | 0.01%             | 2028-02-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138Y64A9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       7078 | PA      | $7186.79       | 0.00%             | 2042-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                                         | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAK5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     292000 | PA      | $291877.36     | 0.00%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                             | CUSIP: 649902T37<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     390000 | PA      | $423995.91     | 0.00%             | 2040-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                | CUSIP: 30040WAQ1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     695000 | PA      | $651930.85     | 0.00%             | 2027-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                                                           | Telecom Italia Capital SA                                                        | CUSIP: 87927VAR9<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     705000 | PA      | $600540.15     | 0.00%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GHV4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1943000 | PA      | $1741141.73    | 0.01%             | 2030-07-23      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SAV5<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    1148000 | PA      | $816009.88     | 0.00%             | 2046-09-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| QNB FINANCE LTD                                                                  | QNB Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $552714.00     | 0.00%             | 2025-09-22      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| INTERPUBLIC GROUP COS                                                            | Interpublic Group of Cos Inc/The                                                 | CUSIP: 460690BT6<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |     520000 | PA      | $430565.20     | 0.00%             | 2031-03-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAA1<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |     290000 | PA      | $280867.90     | 0.00%             | 2025-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| POWER SECTOR ASSETS & LI                                                         | Power Sector Assets & Liabilities Management Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PH        |     800000 | PA      | $830856.00     | 0.00%             | 2024-12-02      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111EL3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     316000 | PA      | $337702.88     | 0.00%             | 2036-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| COMPASS GROUP DIVERSIFIE                                                         | Compass Group Diversified Holdings LLC                                           | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |     665000 | PA      | $598799.25     | 0.00%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GQ0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     512000 | PA      | $498764.80     | 0.00%             | 2029-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EQ7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     603000 | PA      | $535102.20     | 0.00%             | 2037-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WXK9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   17483866 | PA      | $16115115.07   | 0.08%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                                              | Macquarie Group Ltd                                                              | CUSIP: 55608JAX6<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     585000 | PA      | $505100.70     | 0.00%             | 2028-04-14      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                                                   | AutoNation Inc                                                                   | CUSIP: 05329RAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     180000 | PA      | $152274.60     | 0.00%             | 2032-03-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                       | CUSIP: 98956PAH5<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |     400000 | PA      | $342164.00     | 0.00%             | 2045-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                                                         | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAN9<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |     310000 | PA      | $298495.90     | 0.00%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KENTUCKY UTILITIES CO                                                            | Kentucky Utilities Co                                                            | CUSIP: 491674BM8<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |     472000 | PA      | $355340.48     | 0.00%             | 2050-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PEDIATRIX MEDICAL GROUP                                                          | Pediatrix Medical Group Inc                                                      | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     295000 | PA      | $260986.50     | 0.00%             | 2030-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| AVOLON HOLDINGS FNDG LTD                                                         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     861000 | PA      | $742371.42     | 0.00%             | 2027-11-18      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370BP4<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |       2000 | PA      | $2109.98       | 0.00%             | 2026-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAV7<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     545000 | PA      | $482166.95     | 0.00%             | 2049-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| APOLLO CMMRL REAL EST FI                                                         | Apollo Commercial Real Estate Finance Inc                                        | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              |  | US        |     355000 | PA      | $290656.25     | 0.00%             | 2029-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE OKLAHOMA                                                          | Public Service Co of Oklahoma                                                    | CUSIP: 744533BQ2<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |     400000 | PA      | $414264.00     | 0.00%             | 2033-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                                          | Hungary Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     200000 | PA      | $197296.00     | 0.00%             | 2034-06-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                 | CUSIP: 026874DA2<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     330000 | PA      | $308424.60     | 0.00%             | 2044-07-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     478000 | PA      | $504481.20     | 0.00%             | 2030-07-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                      | CUSIP: 30161NBB6<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     165000 | PA      | $154063.80     | 0.00%             | 2027-03-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| EMG SUKUK LTD                                                                    | EMG SUKUK Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300ZBBW15DAXN4O07 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $396272.00     | 0.00%             | 2024-06-18      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WLCK7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     206371 | PA      | $202508.08     | 0.00%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                               | CUSIP: 02361DAP5<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     117000 | PA      | $113832.81     | 0.00%             | 2025-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp                                                                   | Whirlpool Corp                                                                   | CUSIP: 963320AV8<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     435000 | PA      | $368318.85     | 0.00%             | 2046-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBQ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     466000 | PA      | $370087.88     | 0.00%             | 2032-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP                                                          | Korea National Oil Corp                                                          | CUSIP: 50066RAB2<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | NUSS              | KR        |     800000 | PA      | $745576.00     | 0.00%             | 2026-04-14      | Fixed         | 2.63%                 | No            |                  2 | On Loan: —       |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDL2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1057000 | PA      | $732617.27     | 0.00%             | 2051-01-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAH4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     252000 | PA      | $249948.72     | 0.00%             | 2024-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578DAG7<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    1063000 | PA      | $1050892.43    | 0.01%             | 2024-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS                                                           | Federation des Caisses Desjardins du Quebec                                      | CUSIP: 31429KAJ2<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |    1180000 | PA      | $1184307.00    | 0.01%             | 2026-01-23      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWC85<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     627018 | PA      | $609900.93     | 0.00%             | 2034-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | PROLOGIS LP                                                                      | CUSIP: 74340XBV2<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     255000 | PA      | $244504.20     | 0.00%             | 2027-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     830000 | PA      | $781918.10     | 0.00%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO                                                                     | Evergy Metro Inc                                                                 | CUSIP: 485134BP4<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |     150000 | PA      | $146068.50     | 0.00%             | 2025-08-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                                                             | Saudi Arabian Oil Co                                                             | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |     800000 | PA      | $779680.00     | 0.00%             | 2024-04-16      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 86765BAM1<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |     220000 | PA      | $190823.60     | 0.00%             | 2043-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| YALE-NEW HAVEN HLTH SRVC                                                         | Yale-New Haven Health Services Corp                                              | CUSIP: 98459HAA0<br>LEI: 549300AVJD56IH6OKW11 | Long             | DBT              | CORP              | US        |     109000 | PA      | $69474.42      | 0.00%             | 2050-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BERKLEY (WR) CORPORATION                                                         | W R Berkley Corp                                                                 | CUSIP: 084423AW2<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | DBT              | CORP              | US        |     430000 | PA      | $285726.40     | 0.00%             | 2061-09-30      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375BL5<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |     141000 | PA      | $160892.28     | 0.00%             | 2034-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ZIGGO BOND CO BV                                                                 | Ziggo Bond Co BV                                                                 | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |     355000 | PA      | $293350.70     | 0.00%             | 2030-02-28      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05971KAE9<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     953000 | PA      | $901700.01     | 0.00%             | 2025-05-28      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FQTZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      55832 | PA      | $53378.30      | 0.00%             | 2046-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081ET6<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    1032000 | PA      | $995364.00     | 0.00%             | 2029-03-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225401AP3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    1730000 | PA      | $1460535.20    | 0.01%             | 2031-04-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| PACKAGING CORP OF AMERIC                                                         | Packaging Corp of America                                                        | CUSIP: 695156AR0<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |     245000 | PA      | $239874.60     | 0.00%             | 2024-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL                                                          | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: 000000000<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $141044.00     | 0.00%             | 2041-08-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13645RAD6<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     383000 | PA      | $441606.66     | 0.00%             | 2031-10-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AN5<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     545000 | PA      | $510904.80     | 0.00%             | 2044-10-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638DQ2<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1575000 | PA      | $958639.50     | 0.00%             | 2060-12-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                          | CUSIP: 404119CD9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     180000 | PA      | $167311.80     | 0.00%             | 2027-03-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                          | CUSIP: 02364WBH7<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    1235000 | PA      | $1153675.25    | 0.01%             | 2029-04-22      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063A5G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1630000 | PA      | $2163577.24    | 0.01%             | 2039-04-01      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WQB7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   43312762 | PA      | $39970234.77   | 0.19%             | 2051-10-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CV9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     655000 | PA      | $669259.35     | 0.00%             | 2027-11-17      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ROCC HOLDINGS LLC                                                                | ROCC Holdings LLC                                                                | CUSIP: 70789PAA2<br>LEI: 6XOCUKRR0UU0LF5P1W14 | Long             | DBT              | CORP              | US        |     230000 | PA      | $233026.80     | 0.00%             | 2026-08-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMware Inc                                                                       | CUSIP: 928563AJ4<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |      20000 | PA      | $17722.80      | 0.00%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CL4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     779000 | PA      | $715340.12     | 0.00%             | 2029-06-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109AZ7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     956000 | PA      | $845419.48     | 0.00%             | 2026-03-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| XINHU BVI 2018 HOLDNG                                                            | Xinhu BVI 2018 Holding Co Ltd                                                    | CUSIP: 000000000<br>LEI: 549300DQVG47LOO0JR23 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $191032.00     | 0.00%             | 2024-09-28      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAP INC                                                          | GlaxoSmithKline Capital Inc                                                      | CUSIP: 377372AB3<br>LEI: 5493007Q8VD7Q3ZYZS59 | Long             | DBT              | CORP              | US        |     608000 | PA      | $652779.20     | 0.00%             | 2034-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trust                                                  | CFCRE Commercial Mortgage Trust 2017-C8                                          | CUSIP: 12532CBA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1000000 | PA      | $940187.61     | 0.00%             | 2050-06-15      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273VAP5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     850000 | PA      | $867136.00     | 0.00%             | 2028-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| PACTIV EVERGREEN GROUP                                                           | Pactiv Evergreen Group Issuer LLC / Pactiv Evergreen Group Issuer Inc            | CUSIP: 69527AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     320000 | PA      | $284534.40     | 0.00%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Rite Aid Corp                                                                    | Rite Aid Corp                                                                    | CUSIP: 767754AJ3<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |      56000 | PA      | $25515.28      | 0.00%             | 2027-02-15      | Fixed         | 7.70%                 | No            |                  2 | On Loan: —       |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GU1<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     912000 | PA      | $781082.40     | 0.00%             | 2030-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CNOOC FINANCE 2015 US                                                            | CNOOC Finance 2015 USA LLC                                                       | CUSIP: 12634MAB6<br>LEI: 549300Q3CTIH31RFPO82 | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1359120.00    | 0.01%             | 2025-05-05      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 053484AC5<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     610000 | PA      | $526082.30     | 0.00%             | 2028-12-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111GD9<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     750000 | PA      | $872212.50     | 0.00%             | 2052-11-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513ECA7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     935000 | PA      | $922676.70     | 0.00%             | 2040-10-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 63743HEY4<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     173000 | PA      | $162054.29     | 0.00%             | 2024-10-18      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448DP0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     543000 | PA      | $466127.49     | 0.00%             | 2046-10-06      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 3130AAHE1<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     550000 | PA      | $538554.50     | 0.00%             | 2023-12-08      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                                                         | Sumitomo Mitsui Trust Bank Ltd                                                   | CUSIP: 86563VAZ2<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |     945000 | PA      | $896115.15     | 0.00%             | 2025-03-10      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 06417XAP6<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     530000 | PA      | $531436.30     | 0.00%             | 2030-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128283W8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   57700000 | PA      | $55373968.75   | 0.27%             | 2028-02-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                | CUSIP: 906548CN0<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     322000 | PA      | $275590.14     | 0.00%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138EPUP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      46839 | PA      | $47705.67      | 0.00%             | 2045-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP                                                         | Chobani LLC / Chobani Finance Corp Inc                                           | CUSIP: 17027NAA0<br>LEI: 549300Q10QN3IXF3HZ69 | Long             | DBT              | CORP              | US        |     490000 | PA      | $480900.70     | 0.00%             | 2025-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| METLIFE INC                                                                      | MetLife Inc                                                                      | CUSIP: 59156RCC0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     490000 | PA      | $496967.80     | 0.00%             | 2052-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR LP                                                                    | Cedar Fair LP                                                                    | CUSIP: 150190AE6<br>LEI: 549300TUVLNQQ6BVKH61 | Long             | DBT              | CORP              | US        |     371000 | PA      | $341308.87     | 0.00%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAU6<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     500000 | PA      | $499325.00     | 0.00%             | 2028-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                                                       | Leidos Inc                                                                       | CUSIP: 52532XAD7<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |     385000 | PA      | $373946.65     | 0.00%             | 2025-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVL0<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    1232000 | PA      | $999792.64     | 0.00%             | 2031-01-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DU0<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $403744.00     | 0.00%             | 2026-01-11      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES LLC/CO-OBL                                                          | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc                          | CUSIP: 05723KAF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1060500 | PA      | $889706.48     | 0.00%             | 2047-12-15      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599CN3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     200000 | PA      | $159576.00     | 0.00%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ALFA S.A.                                                                        | Alfa SAB de CV                                                                   | CUSIP: 000000000<br>LEI: 549300ZCGJ6T8YDJ4M34 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $397880.00     | 0.00%             | 2024-03-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL SECS CLEARING                                                           | National Securities Clearing Corp                                                | CUSIP: 637639AB1<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |     910000 | PA      | $850167.50     | 0.00%             | 2025-04-23      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111ES8<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |      50000 | PA      | $56445.00      | 0.00%             | 2037-08-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                                           | CenterPoint Energy Inc                                                           | CUSIP: 15189TAY3<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     661000 | PA      | $526460.06     | 0.00%             | 2049-09-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KKLM9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1631244 | PA      | $1440471.80    | 0.01%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                                                         | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     150000 | PA      | $137062.50     | 0.00%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Medtronic Inc                                                                    | Medtronic Inc                                                                    | CUSIP: 585055BU9<br>LEI: D56MRZY2INAN94ZONZ37 | Long             | DBT              | CORP              | US        |    1140000 | PA      | $1146030.60    | 0.01%             | 2045-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HBB4<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     195000 | PA      | $182484.90     | 0.00%             | 2024-10-12      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375BQ4<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |      20000 | PA      | $22646.20      | 0.00%             | 2037-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Invesco Finance PLC                                                              | Invesco Finance PLC                                                              | CUSIP: 46132FAD2<br>LEI: 549300OYQ3LAJYXXO449 | Long             | DBT              | CORP              | GB        |     238000 | PA      | $233956.38     | 0.00%             | 2026-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                                                             | Republic of Italy Government International Bond                                  | CUSIP: 465410CA4<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    3320000 | PA      | $2939660.80    | 0.01%             | 2026-02-17      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EAZ2<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              | CORP              | US        |     215000 | PA      | $175455.05     | 0.00%             | 2046-10-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CPPIB CAPITAL INC                                                                | CPPIB Capital Inc                                                                | CUSIP: 22411VAQ1<br>LEI: 549300KW9NB55HTDK075 | Long             | DBT              | NUSS              | CA        |    1500000 | PA      | $1218135.00    | 0.01%             | 2031-01-28      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EP4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    1120000 | PA      | $878472.00     | 0.00%             | 2035-11-15      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGLY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10390071 | PA      | $8833696.53    | 0.04%             | 2051-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SINO OCEAN LAND IV                                                               | Sino-Ocean Land Treasure IV Ltd                                                  | CUSIP: 000000000<br>LEI: 213800EAGXDYG9QWS896 | Long             | DBT              | CORP              | VG        |     250000 | PA      | $180445.00     | 0.00%             | 2029-08-05      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   19000000 | PA      | $14778437.50   | 0.07%             | 2049-11-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                | CUSIP: 478160CQ5<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     373000 | PA      | $311227.47     | 0.00%             | 2030-09-01      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                          | MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE                                 | CUSIP: 576000XQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      65000 | PA      | $55137.29      | 0.00%             | 2040-10-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PINNACLE WEST CAPITAL                                                            | Pinnacle West Capital Corp                                                       | CUSIP: 723484AH4<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |      95000 | PA      | $87255.60      | 0.00%             | 2025-06-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406FAC7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     297000 | PA      | $282337.11     | 0.00%             | 2026-05-04      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| JMH CO LTD                                                                       | JMH Co Ltd                                                                       | CUSIP: 000000000<br>LEI: 213800C5GDLSGQEMM574 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $337400.00     | 0.00%             | 2031-04-09      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp                                                                | Hyatt Hotels Corp                                                                | CUSIP: 448579AF9<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |     679000 | PA      | $677343.24     | 0.00%             | 2026-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAH7<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $857840.00     | 0.00%             | 2038-01-19      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A3D1<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     935000 | PA      | $816198.90     | 0.00%             | 2026-10-02      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 312945LK2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      53296 | PA      | $54178.74      | 0.00%             | 2041-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY SOUTHERN                                                             | Kansas City Southern/Old                                                         | CUSIP: 485170BC7<br>LEI: 5493008C12PZMWP3WY03 | Long             | DBT              | CORP              | US        |     419000 | PA      | $354038.24     | 0.00%             | 2069-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR-OHIO INC OH REVENUE                                            | CUSIP: 02765UEK6<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |     650000 | PA      | $893207.25     | 0.00%             | 2050-02-15      | Fixed         | 8.08%                 | No            |                  2 | On Loan: No      |
| HUNT OIL CO OF PERU                                                              | Hunt Oil Co of Peru LLC Sucursal Del Peru                                        | CUSIP: 000000000<br>LEI: 549300SVO0550J3IKN50 | Long             | DBT              | CORP              | PE        |     262200 | PA      | $252522.20     | 0.00%             | 2028-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 744320AY8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     738000 | PA      | $630274.14     | 0.00%             | 2047-12-07      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                              | Suzano Austria GmbH                                                              | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     525000 | PA      | $450177.00     | 0.00%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | CMWLTH FING AUTH PA                                                              | CUSIP: 20281PNE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     710000 | PA      | $542123.34     | 0.00%             | 2042-06-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: —       |
| SVENSKA HANDELSBANKEN AB                                                         | Svenska Handelsbanken AB                                                         | CUSIP: 86959LAL7<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |     730000 | PA      | $714604.30     | 0.00%             | 2027-06-10      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBP1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     550000 | PA      | $547767.00     | 0.00%             | 2034-02-01      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                                                | General Mills Inc                                                                | CUSIP: 370334BJ2<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     295000 | PA      | $310201.35     | 0.00%             | 2040-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370DB3<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    1145000 | PA      | $1123531.25    | 0.01%             | 2032-08-19      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Baidu Inc                                                                        | Baidu Inc                                                                        | CUSIP: 056752AM0<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |     740000 | PA      | $732200.40     | 0.00%             | 2024-05-14      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                         | CUSIP: 21871XAJ8<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     300000 | PA      | $262893.00     | 0.00%             | 2042-04-05      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EBU8<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     265000 | PA      | $249812.85     | 0.00%             | 2024-08-12      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109BK9<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     315000 | PA      | $286413.75     | 0.00%             | 2029-12-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                                                         | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAB2<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |     189000 | PA      | $164216.43     | 0.00%             | 2029-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                                         | Univision Communications Inc                                                     | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     545000 | PA      | $534268.95     | 0.00%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Dover Corp                                                                       | Dover Corp                                                                       | CUSIP: 260003AF5<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |     185000 | PA      | $192853.25     | 0.00%             | 2035-10-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ALLEGIANT TRAVEL CO                                                              | Allegiant Travel Co                                                              | CUSIP: 01748XAC6<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |      78000 | PA      | $78224.64      | 0.00%             | 2024-02-05      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| ERP Operating LP                                                                 | ERP Operating LP                                                                 | CUSIP: 26884ABJ1<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              | CORP              | US        |     287000 | PA      | $271177.69     | 0.00%             | 2028-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AS6<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     442000 | PA      | $354064.10     | 0.00%             | 2031-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286BG1<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1210000 | PA      | $1378456.20    | 0.01%             | 2034-10-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TEXTRON INC                                                                      | Textron Inc                                                                      | CUSIP: 883203CC3<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |     631000 | PA      | $528191.17     | 0.00%             | 2031-03-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                                                         | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |     941000 | PA      | $871958.83     | 0.00%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                                       | US Bancorp                                                                       | CUSIP: 91159HHN3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    1328000 | PA      | $1245371.84    | 0.01%             | 2026-07-22      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UQ70<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      37555 | PA      | $38364.62      | 0.00%             | 2049-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HJY7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2737000 | PA      | $2695671.30    | 0.01%             | 2024-09-10      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ACTIVISION BLIZZARD                                                              | Activision Blizzard Inc                                                          | CUSIP: 00507VAM1<br>LEI: 549300TPQQDBP9GNOF40 | Long             | DBT              | CORP              | US        |     605000 | PA      | $581193.25     | 0.00%             | 2027-06-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225401BB3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     375000 | PA      | $421635.00     | 0.00%             | 2033-11-15      | Fixed         | 9.02%                 | No            |                  2 | On Loan: No      |
| Oglethorpe Power Corp                                                            | Oglethorpe Power Corp                                                            | CUSIP: 677050AN6<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |     571000 | PA      | $524988.82     | 0.00%             | 2048-10-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales & Transfer Tax Receipts Revenue                  | CHICAGO IL TRANSIT AUTH SALES & TRANSFER TAX RECPTS REVENUE                      | CUSIP: 167725AC4<br>LEI: 549300CB8XLRGIPN3E12 | Long             | DBT              | MUN               | US        |     790000 | PA      | $916497.17     | 0.00%             | 2040-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| ONTARIO TEACHERS' FINANC                                                         | Ontario Teachers' Finance Trust                                                  | CUSIP: 68329AAJ7<br>LEI: 635400ZZE5J8OXXBBY26 | Long             | DBT              | NUSS              | CA        |     250000 | PA      | $213085.00     | 0.00%             | 2031-04-16      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Public Storage                                                                   | Public Storage                                                                   | CUSIP: 74460DAC3<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |     495000 | PA      | $471259.80     | 0.00%             | 2027-09-15      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| INGREDION INC                                                                    | Ingredion Inc                                                                    | CUSIP: 457187AD4<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | DBT              | CORP              | US        |     380000 | PA      | $296593.80     | 0.00%             | 2050-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW YORK MELLON                                                          | Bank of New York Mellon/The                                                      | CUSIP: 06405LAC5<br>LEI: HPFHU0OQ28E4N0NFVK49 | Long             | DBT              | CORP              | US        |     465000 | PA      | $468245.70     | 0.00%             | 2025-11-21      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EAN0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7854325 | PA      | $6889008.28    | 0.03%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                       | CUSIP: 244199BF1<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     825000 | PA      | $778651.50     | 0.00%             | 2042-06-09      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61744YAL2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1689000 | PA      | $1516975.35    | 0.01%             | 2038-07-22      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| K HOVNANIAN ENTERPRISES                                                          | K Hovnanian Enterprises Inc                                                      | CUSIP: 48251UAB4<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9962.60       | 0.00%             | 2026-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DH9<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $377916.00     | 0.00%             | 2024-06-29      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                                                            | Novartis Capital Corp                                                            | CUSIP: 66989HAG3<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    1240000 | PA      | $1222652.40    | 0.01%             | 2024-05-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                                                          | John Deere Capital Corp                                                          | CUSIP: 24422ETW9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     416000 | PA      | $391460.16     | 0.00%             | 2027-09-08      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                                                          | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1028000 | PA      | $932344.60     | 0.00%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transocean Inc                                                                   | Transocean Inc                                                                   | CUSIP: 893830AT6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     420000 | PA      | $296469.60     | 0.00%             | 2038-03-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: —       |
| WESTWOOD GRP HOLD LTD                                                            | Westwood Group Holdings Ltd                                                      | CUSIP: 000000000<br>LEI: 3003007KOE53GY4D8864 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $360620.00     | 0.00%             | 2026-01-20      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468G7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1316000 | PA      | $1281218.12    | 0.01%             | 2030-01-23      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 053484AB7<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     680000 | PA      | $560476.40     | 0.00%             | 2032-01-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ACW3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     550000 | PA      | $573743.50     | 0.00%             | 2053-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X9FM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      33368 | PA      | $30409.73      | 0.00%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GLP CHINA HOLDINGS LTD                                                           | GLP China Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 254900C6X2D3TGF2CO98 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $372344.00     | 0.00%             | 2024-02-26      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| APTIV PLC / APTIV CORP                                                           | Aptiv PLC / Aptiv Corp                                                           | CUSIP: 00217GAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     650000 | PA      | $507273.00     | 0.00%             | 2052-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GXE9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1521000 | PA      | $1500116.67    | 0.01%             | 2024-02-20      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Sands China Ltd                                                                  | Sands China Ltd                                                                  | CUSIP: 80007RAF2<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    1282000 | PA      | $1272884.98    | 0.01%             | 2025-08-08      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                            | CUSIP: 904764AH0<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |    1219000 | PA      | $1371448.14    | 0.01%             | 2032-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| HORSE GALLOP FINANCE                                                             | Horse Gallop Finance Ltd                                                         | CUSIP: 000000000<br>LEI: 5493005LA8SD8BDUW128 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $367188.00     | 0.00%             | 2025-07-28      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138EHBB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      12064 | PA      | $12467.32      | 0.00%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29278NAE3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     760000 | PA      | $747680.40     | 0.00%             | 2048-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVS5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     820000 | PA      | $687069.80     | 0.00%             | 2031-06-17      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   37800000 | PA      | $34220812.50   | 0.16%             | 2025-10-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NEB3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     550000 | PA      | $591662.50     | 0.00%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TUCSON ELECTRIC POWER CO                                                         | Tucson Electric Power Co                                                         | CUSIP: 898813AU4<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |     275000 | PA      | $243471.25     | 0.00%             | 2032-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                      | CUSIP: 30161NAX9<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    1285000 | PA      | $1240192.05    | 0.01%             | 2030-04-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAJ3<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     482000 | PA      | $466436.22     | 0.00%             | 2028-09-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160BV5<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |    1369000 | PA      | $1232168.45    | 0.01%             | 2046-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ANZ NEW ZEALAND INTL/LDN                                                         | ANZ New Zealand Int'l Ltd/London                                                 | CUSIP: 00182EBF5<br>LEI: 213800VD256NU2D97H12 | Long             | DBT              | CORP              | NZ        |     919000 | PA      | $868344.72     | 0.00%             | 2027-07-17      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BA1<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    2196000 | PA      | $2154890.88    | 0.01%             | 2045-10-23      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP OVERSEAS DEV                                                         | Sinopec Group Overseas Development 2016 Ltd                                      | CUSIP: 000000000<br>LEI: 5299002BJODD4TLAOX51 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $750928.00     | 0.00%             | 2026-09-29      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SPECTRA ENERGY PARTNERS                                                          | Spectra Energy Partners LP                                                       | CUSIP: 84756NAH2<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |     443000 | PA      | $421824.60     | 0.00%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526CE7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    1279000 | PA      | $1155806.72    | 0.01%             | 2026-11-24      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140E26C0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      21542 | PA      | $21260.46      | 0.00%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111EM1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     375000 | PA      | $420262.50     | 0.00%             | 2036-06-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP OVERSEA 2014                                                         | Sinopec Group Overseas Development 2014 Ltd                                      | CUSIP: 000000000<br>LEI: 549300ZIMV82UUECOQ45 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $796272.00     | 0.00%             | 2024-04-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NAV3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     316000 | PA      | $380776.84     | 0.00%             | 2037-08-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385BA8<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     522000 | PA      | $457057.98     | 0.00%             | 2030-07-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HJK7<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $999830.00     | 0.00%             | 2029-02-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2019-B11 Mortgage Trust                                                | CUSIP: 08162BBD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3000000 | PA      | $2773631.40    | 0.01%             | 2052-05-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HK                                                              | Bangkok Bank PCL/Hong Kong                                                       | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |     600000 | PA      | $594306.00     | 0.00%             | 2024-03-19      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CL1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1294000 | PA      | $1120267.56    | 0.01%             | 2028-09-22      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CD2<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     966000 | PA      | $773051.16     | 0.00%             | 2050-04-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448DN5<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    1147000 | PA      | $1083192.39    | 0.01%             | 2026-10-06      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                       | CUSIP: 458140AX8<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     635000 | PA      | $607968.05     | 0.00%             | 2027-05-11      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                        | CUSIP: 031162BK5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     440000 | PA      | $433461.60     | 0.00%             | 2041-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNWY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   18792922 | PA      | $17086132.41   | 0.08%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CN6<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     375000 | PA      | $302966.25     | 0.00%             | 2053-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN GAS NEGARA                                                            | Perusahaan Gas Negara Tbk PT                                                     | CUSIP: 000000000<br>LEI: 549300OX1VFDX7ZPN240 | Long             | DBT              | CORP              | ID        |     800000 | PA      | $796680.00     | 0.00%             | 2024-05-16      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CB1<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1725000 | PA      | $1446274.50    | 0.01%             | 2042-02-02      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AT2<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    1009000 | PA      | $962182.40     | 0.00%             | 2027-05-19      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMXU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4667919 | PA      | $3953555.04    | 0.02%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ADVOCATE HEALTH CORP                                                             | Advocate Health & Hospitals Corp                                                 | CUSIP: 007589AA2<br>LEI: 549300AEHU3PPOUCIL87 | Long             | DBT              | CORP              | US        |     242000 | PA      | $232199.00     | 0.00%             | 2028-08-15      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                     | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    1923000 | PA      | $1573821.66    | 0.01%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                                                                 | HSBC Bank USA NA                                                                 | CUSIP: 4042Q1AD9<br>LEI: 1IE8VN30JCEQV1H4R804 | Long             | DBT              | CORP              | US        |     315000 | PA      | $367299.45     | 0.00%             | 2039-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                                         | Comision Federal de Electricidad                                                 | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $353560.00     | 0.00%             | 2045-06-16      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Corp                                                                 | FirstEnergy Corp                                                                 | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     989000 | PA      | $945058.73     | 0.00%             | 2027-07-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                                                   | Hyundai Auto Receivables Trust 2020-B                                            | CUSIP: 44933FAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     502462 | PA      | $495739.44     | 0.00%             | 2024-12-16      | Fixed         | 0.48%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 706451BG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1800000 | PA      | $1413108.00    | 0.01%             | 2035-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC                                                                 | MDC Holdings Inc                                                                 | CUSIP: 552676AU2<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |     576000 | PA      | $438595.20     | 0.00%             | 2031-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QBM1<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     940000 | PA      | $781234.00     | 0.00%             | 2030-08-10      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                | Iron Mountain Inc                                                                | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     725000 | PA      | $655305.75     | 0.00%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                | Iron Mountain Inc                                                                | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     760000 | PA      | $651525.20     | 0.00%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BL5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     860000 | PA      | $912890.00     | 0.00%             | 2027-08-15      | Fixed         | 11.63%                | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | Altice France SA/France                                                          | CUSIP: 02156LAE1<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     335000 | PA      | $262325.10     | 0.00%             | 2029-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| RELIANCE STEEL & ALUM                                                            | Reliance Steel & Aluminum Co                                                     | CUSIP: 759509AF9<br>LEI: 549300E287ZOFT3C5Z56 | Long             | DBT              | CORP              | US        |     100000 | PA      | $91641.00      | 0.00%             | 2025-08-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FZ7<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     650000 | PA      | $649168.00     | 0.00%             | 2028-01-26      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133BJAB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     618167 | PA      | $611803.98     | 0.00%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBR4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     592000 | PA      | $447836.16     | 0.00%             | 2049-09-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFX2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1506000 | PA      | $1465850.04    | 0.01%             | 2026-04-19      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                        | CUSIP: 59523UAQ0<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |     315000 | PA      | $304973.55     | 0.00%             | 2029-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP                                                          | Korea National Oil Corp                                                          | CUSIP: 50066RAQ9<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $335288.00     | 0.00%             | 2031-04-07      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZV7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     635000 | PA      | $569531.50     | 0.00%             | 2032-03-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TKL8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     400000 | PA      | $417436.00     | 0.00%             | 2027-11-10      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                   | CUSIP: 09261HAB3<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     745000 | PA      | $695561.80     | 0.00%             | 2024-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                                                          | American Electric Power Co Inc                                                   | CUSIP: 025537AN1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     404000 | PA      | $341549.68     | 0.00%             | 2030-03-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                                                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AM6<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     917000 | PA      | $889499.17     | 0.00%             | 2024-06-14      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CADILLAC FAIRVIEW PRP TR                                                         | Ontario Teachers' Cadillac Fairview Properties Trust                             | CUSIP: 68327LAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     801000 | PA      | $740380.32     | 0.00%             | 2029-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NORINCHUKIN BANK                                                                 | Norinchukin Bank/The                                                             | CUSIP: 656029AH8<br>LEI: 5493007VSMFZCPV1NB83 | Long             | DBT              | CORP              | JP        |    1025000 | PA      | $839136.75     | 0.00%             | 2031-09-22      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| CONDUENT BUS SERVICES                                                            | Conduent Business Services LLC / Conduent State & Local Solutions Inc            | CUSIP: 20679LAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     341000 | PA      | $303602.53     | 0.00%             | 2029-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                           | CUSIP: 460146CH4<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     347000 | PA      | $371623.12     | 0.00%             | 2041-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PAN6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1703000 | PA      | $1452028.89    | 0.01%             | 2049-01-23      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                                                       | TELUS Corp                                                                       | CUSIP: 87971MBF9<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |     512000 | PA      | $494172.16     | 0.00%             | 2027-09-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHINA CINDA 2020 I MNGMN                                                         | China Cinda 2020 I Management Ltd                                                | CUSIP: 000000000<br>LEI: 549300ZIBIB6Z9RSNU64 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $742048.00     | 0.00%             | 2027-01-28      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QDH2<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     550000 | PA      | $551083.50     | 0.00%             | 2025-10-16      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GYJ26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1766431 | PA      | $1704726.57    | 0.01%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0HT9<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     405000 | PA      | $383798.25     | 0.00%             | 2026-05-18      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CA MAGNUM HOLDINGS                                                               | CA Magnum Holdings                                                               | CUSIP: 000000000<br>LEI: 549300ZRDHFR078MFZ78 | Long             | DBT              | CORP              | MU        |     600000 | PA      | $560862.00     | 0.00%             | 2026-10-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641593X2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     270000 | PA      | $256953.60     | 0.00%             | 2024-04-15      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GER6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     800000 | PA      | $720208.00     | 0.00%             | 2027-01-11      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CATALENT PHARMA SOLUTION                                                         | Catalent Pharma Solutions Inc                                                    | CUSIP: 14879EAE8<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |     420000 | PA      | $398958.00     | 0.00%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                            | CUSIP: 595112BP7<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $999293.00     | 0.00%             | 2027-02-15      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| ROBLOX CORP                                                                      | ROBLOX Corp                                                                      | CUSIP: 771049AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     670000 | PA      | $564662.60     | 0.00%             | 2030-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVR7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     560000 | PA      | $504582.40     | 0.00%             | 2026-06-17      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| Carlisle Cos Inc                                                                 | Carlisle Cos Inc                                                                 | CUSIP: 142339AH3<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |      70000 | PA      | $67202.80      | 0.00%             | 2027-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                              | Suzano Austria GmbH                                                              | CUSIP: 86964WAF9<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |    1133000 | PA      | $1137384.71    | 0.01%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RPM International Inc                                                            | RPM International Inc                                                            | CUSIP: 749685AU7<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |     135000 | PA      | $124067.70     | 0.00%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810EY0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1000000 | PA      | $1094843.75    | 0.01%             | 2026-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                                                     | Linde Inc/CT                                                                     | CUSIP: 74005PBD5<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |     251000 | PA      | $214476.99     | 0.00%             | 2042-11-07      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833DT4<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1361000 | PA      | $1267907.60    | 0.01%             | 2025-05-11      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                                                      | Aker BP ASA                                                                      | CUSIP: 00973RAJ2<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |     170000 | PA      | $155084.20     | 0.00%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                       | CUSIP: 842434CK6<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     333000 | PA      | $277858.53     | 0.00%             | 2042-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09261BAD2<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     218000 | PA      | $166004.82     | 0.00%             | 2032-01-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MONTEFIORE OBLIGATED GRP                                                         | Montefiore Obligated Group                                                       | CUSIP: 61237WAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     307000 | PA      | $235076.04     | 0.00%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ERX39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     161697 | PA      | $151809.37     | 0.00%             | 2047-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 949746JM4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     695000 | PA      | $713549.55     | 0.00%             | 2035-02-07      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp              | CUSIP: 87612BBN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     440000 | PA      | $450995.60     | 0.00%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153AZ5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     950000 | PA      | $1019312.00    | 0.00%             | 2025-06-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | Bausch Health Cos Inc                                                            | CUSIP: 071734AP2<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     670000 | PA      | $456792.60     | 0.00%             | 2027-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                              | Georgia-Pacific LLC                                                              | CUSIP: 373298CF3<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     451000 | PA      | $463713.69     | 0.00%             | 2024-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Almarai Sukuk Ltd                                                                | Almarai Sukuk Ltd                                                                | CUSIP: 000000000<br>LEI: 549300R2WJK99D0C8819 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $198134.00     | 0.00%             | 2024-03-05      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| RADIAN GROUP INC                                                                 | Radian Group Inc                                                                 | CUSIP: 750236AW1<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |     336000 | PA      | $319512.48     | 0.00%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAJ6<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $368424.00     | 0.00%             | 2029-07-17      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254CJ7<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    1445000 | PA      | $1396968.20    | 0.01%             | 2026-03-30      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J6E94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     846468 | PA      | $819703.11     | 0.00%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                                                           | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              |  | US        |     450000 | PA      | $416353.50     | 0.00%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JF8<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     252000 | PA      | $210299.04     | 0.00%             | 2045-03-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2013-1 A PTT                                                          | United Airlines 2013-1 Class A Pass Through Trust                                | CUSIP: 909319AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     485502 | PA      | $461809.10     | 0.00%             | 2025-08-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | UNIV OF TEXAS TX UNIV REVENUES                                                   | CUSIP: 91514AKD6<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     845000 | PA      | $585912.02     | 0.00%             | 2049-08-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| NONGHYUP BANK                                                                    | NongHyup Bank                                                                    | CUSIP: 65540KAH8<br>LEI: 988400GSDJCW3LKJBD20 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $194816.00     | 0.00%             | 2026-01-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAN1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     167000 | PA      | $150343.42     | 0.00%             | 2029-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Snap-on Inc                                                                      | Snap-on Inc                                                                      | CUSIP: 833034AL5<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | DBT              | CORP              | US        |     540000 | PA      | $490563.00     | 0.00%             | 2048-03-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                                 | Berry Global Inc                                                                 | CUSIP: 08576PAH4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    1472000 | PA      | $1329510.40    | 0.01%             | 2026-01-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YBL2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     173000 | PA      | $137915.60     | 0.00%             | 2031-09-08      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AH6<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     822000 | PA      | $764632.62     | 0.00%             | 2048-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                   | CUSIP: 427866BF4<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     350000 | PA      | $322868.00     | 0.00%             | 2025-06-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                                             | Colombia Government International Bond                                           | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1200000 | PA      | $887700.00     | 0.00%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| GLOBAL INFRASTRUCTURE SO                                                         | Global Infrastructure Solutions Inc                                              | CUSIP: 37960XAA5<br>LEI: 2549003BGLQITAJ6ZT28 | Long             | DBT              | CORP              | US        |     270000 | PA      | $222120.90     | 0.00%             | 2029-06-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| NARRAGANSETT ELECTRIC                                                            | Narragansett Electric Co/The                                                     | CUSIP: 631005BJ3<br>LEI: VAI0KZ806W8MCH0BCZ61 | Long             | DBT              | CORP              | US        |     610000 | PA      | $562773.80     | 0.00%             | 2030-04-09      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                          | CUSIP: 404119BV0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1107000 | PA      | $1054926.72    | 0.01%             | 2047-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NH INVESTMENT & SECS                                                             | NH Investment & Securities Co Ltd                                                | CUSIP: 000000000<br>LEI: 549300LQ6NXDW1B8NT42 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $176478.00     | 0.00%             | 2026-10-07      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| TRANSMONTAIGE PARTNERS                                                           | TransMontaigne Partners LP / TLP Finance Corp                                    | CUSIP: 89376VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     245000 | PA      | $213147.55     | 0.00%             | 2026-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PROSPECT CAPITAL CORP                                                            | Prospect Capital Corp                                                            | CUSIP: 74348TAU6<br>LEI: 549300FSD8T39P5Q0O47 | Long             | DBT              | CORP              | US        |     520000 | PA      | $475066.80     | 0.00%             | 2026-01-22      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138EP5N0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     149923 | PA      | $147964.86     | 0.00%             | 2030-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                                                      | Apache Corp                                                                      | CUSIP: 037411AR6<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     335000 | PA      | $317385.70     | 0.00%             | 2037-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA                                                           | Skandinaviska Enskilda Banken AB                                                 | CUSIP: 83051GAT5<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |     980000 | PA      | $864712.80     | 0.00%             | 2026-09-09      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAC9<br>LEI: N/A                  | Long             | DBT              |  | US        |     871000 | PA      | $828921.99     | 0.00%             | 2025-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109AX2<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     620000 | PA      | $560331.20     | 0.00%             | 2031-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QCB0<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     575000 | PA      | $507840.00     | 0.00%             | 2030-01-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| PRES & FELLOWS OF HARVAR                                                         | President and Fellows of Harvard College                                         | CUSIP: 740816AN3<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |     600500 | PA      | $481354.80     | 0.00%             | 2056-07-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                                                          | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     315000 | PA      | $282312.45     | 0.00%             | 2029-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q8KB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3273615 | PA      | $3126446.80    | 0.01%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PRES & FELLOWS OF HARVAR                                                         | President and Fellows of Harvard College                                         | CUSIP: 740816AP8<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |     276000 | PA      | $195730.92     | 0.00%             | 2050-10-15      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| SIERRACOL ENRGY ANDINA                                                           | SierraCol Energy Andina LLC                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     400000 | PA      | $331176.00     | 0.00%             | 2028-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CNG Holdings Inc                                                                 | CNG Holdings Inc                                                                 | CUSIP: 12612DAH9<br>LEI: 5493007UWN8DW8ZWF476 | Long             | DBT              | CORP              | US        |     185000 | PA      | $156743.10     | 0.00%             | 2024-06-15      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 63743HFC1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     253000 | PA      | $239942.67     | 0.00%             | 2025-02-07      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LEQ8<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |      30000 | PA      | $28046.40      | 0.00%             | 2024-08-23      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                                                   | Brunswick Corp/DE                                                                | CUSIP: 117043AV1<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |     415000 | PA      | $308481.95     | 0.00%             | 2052-04-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XAZ9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     825000 | PA      | $808566.00     | 0.00%             | 2025-07-13      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| BANK NEGARA INDONESIA                                                            | Bank Negara Indonesia Persero Tbk PT                                             | CUSIP: 000000000<br>LEI: 549300HZ8J3MLVXQ8F85 | Long             | DBT              | CORP              | ID        |     600000 | PA      | $565410.00     | 0.00%             | 2026-03-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP OVERSEA 2013                                                         | Sinopec Group Overseas Development 2013 Ltd                                      | CUSIP: 000000000<br>LEI: 529900F9XKMFEV9DNO17 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $629802.00     | 0.00%             | 2043-10-17      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DB1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     300000 | PA      | $296793.00     | 0.00%             | 2024-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                          | UDR Inc                                                                          | CUSIP: 90265EAR1<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     805000 | PA      | $701549.45     | 0.00%             | 2031-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14912L6T3<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     525000 | PA      | $491709.75     | 0.00%             | 2026-08-09      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAN0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2300000 | PA      | $1569129.00    | 0.01%             | 2061-05-24      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| SCIENCE APPLICATIONS INT                                                         | Science Applications International Corp                                          | CUSIP: 808625AA5<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | DBT              | CORP              | US        |     230000 | PA      | $215551.40     | 0.00%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ2M1<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     678185 | PA      | $648323.96     | 0.00%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     967000 | PA      | $916213.16     | 0.00%             | 2029-05-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: —       |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    1801000 | PA      | $1584285.67    | 0.01%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE LONDON                                                           | Credit Agricole SA/London                                                        | CUSIP: 22535WAG2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    1425000 | PA      | $1317184.50    | 0.01%             | 2026-06-16      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| WAKEMED                                                                          | WakeMed                                                                          | CUSIP: 931108AA2<br>LEI: 549300RAN6BZ6UMO7Z44 | Long             | DBT              | CORP              | US        |      94000 | PA      | $67274.86      | 0.00%             | 2052-10-01      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 63743HFG2<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     950000 | PA      | $960450.00     | 0.00%             | 2028-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                      | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1495000 | PA      | $1728593.75    | 0.01%             | 2052-11-09      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| ARCONIC CORP                                                                     | Arconic Corp                                                                     | CUSIP: 03966VAB3<br>LEI: 549300B4YFWH3U74B152 | Long             | DBT              | CORP              | US        |     580000 | PA      | $577094.20     | 0.00%             | 2025-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448FF0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     521000 | PA      | $406572.77     | 0.00%             | 2041-10-21      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBK0<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     832000 | PA      | $649975.04     | 0.00%             | 2049-09-06      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   72400000 | PA      | $64090969.11   | 0.31%             | 2028-02-29      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAF0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    1195000 | PA      | $1179668.15    | 0.01%             | 2025-05-08      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AGRICULTURAL BK CHINA/NY                                                         | Agricultural Bank of China Ltd/New York                                          | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $188112.00     | 0.00%             | 2025-01-18      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| F-BRASILE SPA/F-BRASILE                                                          | F-Brasile SpA / F-Brasile US LLC                                                 | CUSIP: 30191BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |     348000 | PA      | $285241.68     | 0.00%             | 2026-08-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                            | CUSIP: 760759AX8<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     810000 | PA      | $648388.80     | 0.00%             | 2031-02-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                            | Bath & Body Works Inc                                                            | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     781000 | PA      | $716700.27     | 0.00%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AGRICULTURAL BK CHINA/HK                                                         | Agricultural Bank of China Ltd/Hong Kong                                         | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $378788.00     | 0.00%             | 2024-06-17      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                                                           | Export-Import Bank of India                                                      | CUSIP: 30216JAG0<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |     400000 | PA      | $406048.00     | 0.00%             | 2033-01-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Eaton Corp                                                                       | Eaton Corp                                                                       | CUSIP: 278062AG9<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |      90000 | PA      | $85226.40      | 0.00%             | 2027-09-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                                                         | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    1985000 | PA      | $1921638.80    | 0.01%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                                                                      | Exelon Corp                                                                      | CUSIP: 30161NBE0<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     200000 | PA      | $180602.00     | 0.00%             | 2032-03-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   18950000 | PA      | $16678960.94   | 0.08%             | 2047-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MGM CHINA HOLDINGS LTD                                                           | MGM China Holdings Ltd                                                           | CUSIP: 55300RAG6<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |     415000 | PA      | $372557.95     | 0.00%             | 2027-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2U6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1510000 | PA      | $1331638.80    | 0.01%             | 2033-03-02      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RD2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    7000000 | PA      | $6965000.00    | 0.03%             | 2043-11-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Darden Restaurants Inc                                                           | Darden Restaurants Inc                                                           | CUSIP: 237194AL9<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |     899000 | PA      | $869198.15     | 0.00%             | 2027-05-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YCA5<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     450000 | PA      | $421987.50     | 0.00%             | 2026-05-22      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                         | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAC1<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     241000 | PA      | $201859.19     | 0.00%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                                                                     | Chevron Corp                                                                     | CUSIP: 166764BW9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     790000 | PA      | $743737.60     | 0.00%             | 2025-05-11      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 31329QYG0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2286927 | PA      | $2193624.59    | 0.01%             | 2049-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016FZU1<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     470000 | PA      | $496099.10     | 0.00%             | 2027-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC                                                                   | AutoNation Inc                                                                   | CUSIP: 05329WAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     451000 | PA      | $373879.00     | 0.00%             | 2028-08-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 969457BW9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     753000 | PA      | $749031.69     | 0.00%             | 2024-06-24      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| RPM International Inc                                                            | RPM International Inc                                                            | CUSIP: 749685AV5<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |     530000 | PA      | $506171.20     | 0.00%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KK3U1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6152475 | PA      | $5429132.86    | 0.03%             | 2051-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     500000 | PA      | $492195.00     | 0.00%             | 2034-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AR0<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     650000 | PA      | $634647.00     | 0.00%             | 2028-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL Environmental Inc                                                            | CUSIP: 36168QAP9<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     485000 | PA      | $430005.85     | 0.00%             | 2029-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SUMMIT MID HLDS LLC / FI                                                         | Summit Midstream Holdings LLC / Summit Midstream Finance Corp                    | CUSIP: 86614WAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     205000 | PA      | $176318.45     | 0.00%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                            | CUSIP: 94106BAE1<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     465000 | PA      | $416756.25     | 0.00%             | 2032-06-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBX8<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     212000 | PA      | $208667.36     | 0.00%             | 2028-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMCH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8035806 | PA      | $7068547.04    | 0.03%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                                                     | SK Hynix Inc                                                                     | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $191310.00     | 0.00%             | 2024-01-19      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Dollar General Corp                                                              | Dollar General Corp                                                              | CUSIP: 256677AE5<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     570000 | PA      | $553316.10     | 0.00%             | 2027-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308HL4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     262000 | PA      | $199620.42     | 0.00%             | 2045-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                             | CUSIP: 94106LBM0<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     173000 | PA      | $116503.39     | 0.00%             | 2050-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE                             | CUSIP: 913366KC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     540000 | PA      | $390275.28     | 0.00%             | 2060-05-15      | Fixed         | 3.26%                 | No            |                  2 | On Loan: —       |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                      | CUSIP: 720186AM7<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     387000 | PA      | $282614.49     | 0.00%             | 2050-06-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PAJ5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1140000 | PA      | $1010222.40    | 0.00%             | 2038-07-24      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                             | Parker-Hannifin Corp                                                             | CUSIP: 70109HAJ4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     208000 | PA      | $226568.16     | 0.00%             | 2038-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                                                         | Petrobras Global Finance BV                                                      | CUSIP: 71647NBH1<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    1120000 | PA      | $1070137.60    | 0.01%             | 2031-01-03      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1800000 | PA      | $1815282.00    | 0.01%             | 2026-01-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCB2<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    1221000 | PA      | $1200328.47    | 0.01%             | 2024-03-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                          | CUSIP: 02364WAW5<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    1883000 | PA      | $2072655.76    | 0.01%             | 2040-03-30      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Turk Ihracat KR BK                                                               | Turkiye Ihracat Kredi Bankasi AS                                                 | CUSIP: 000000000<br>LEI: 789000JVRVYLAXGDWR11 | Long             | DBT              | NUSS              | TR        |     400000 | PA      | $392356.00     | 0.00%             | 2024-05-03      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                                                          | Global Partners LP / GLP Finance Corp                                            | CUSIP: 37954FAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     265000 | PA      | $255717.05     | 0.00%             | 2027-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Koninklijke Philips NV                                                           | Koninklijke Philips NV                                                           | CUSIP: 500472AE5<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | DBT              | CORP              | NL        |     565000 | PA      | $530862.70     | 0.00%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBE0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     384000 | PA      | $373459.20     | 0.00%             | 2042-07-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI                                                          | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     835000 | PA      | $712664.15     | 0.00%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                                                              | Georgia-Pacific LLC                                                              | CUSIP: 37331NAN1<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     612000 | PA      | $545689.80     | 0.00%             | 2026-05-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5950000 | PA      | $5316882.81    | 0.03%             | 2042-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                                                                | Lam Research Corp                                                                | CUSIP: 512807AN8<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     360000 | PA      | $354553.20     | 0.00%             | 2025-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MIDWEST CONNECTOR CAPIT                                                          | Midwest Connector Capital Co LLC                                                 | CUSIP: 59833CAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1217000 | PA      | $1134377.87    | 0.01%             | 2029-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABW6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     805000 | PA      | $715612.80     | 0.00%             | 2026-06-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140HAFM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     234875 | PA      | $235543.70     | 0.00%             | 2048-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BLUELINX HOLDING                                                                 | BlueLinx Holdings Inc                                                            | CUSIP: 09624HAA7<br>LEI: 549300YSX7GU28F5I540 | Long             | DBT              | CORP              | US        |     245000 | PA      | $216766.20     | 0.00%             | 2029-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                                                          | QVC Inc                                                                          | CUSIP: 747262AS2<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     405000 | PA      | $387572.85     | 0.00%             | 2024-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400HT3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     225000 | PA      | $245153.25     | 0.00%             | 2032-11-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Puget Sound Energy Inc                                                           | Puget Sound Energy Inc                                                           | CUSIP: 745332CH7<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     290000 | PA      | $254640.30     | 0.00%             | 2048-06-15      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BW3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     438000 | PA      | $410747.64     | 0.00%             | 2025-07-19      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641593U8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    1075000 | PA      | $962651.75     | 0.00%             | 2026-03-02      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718DF3<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |      50000 | PA      | $56748.50      | 0.00%             | 2037-03-05      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| RP ESCROW ISSUER LLC                                                             | RP Escrow Issuer LLC                                                             | CUSIP: 74969PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     510000 | PA      | $416063.10     | 0.00%             | 2025-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     400000 | PA      | $364064.00     | 0.00%             | 2032-09-16      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CHINA CINDA 2020 I MNGMN                                                         | China Cinda 2020 I Management Ltd                                                | CUSIP: 000000000<br>LEI: 549300ZIBIB6Z9RSNU64 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $702624.00     | 0.00%             | 2028-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES                                                                | Vedanta Resources Finance II PLC                                                 | CUSIP: 000000000<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |    1200000 | PA      | $961332.00     | 0.00%             | 2025-03-11      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| Southwest Airlines Co                                                            | Southwest Airlines Co                                                            | CUSIP: 844741BC1<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |     398000 | PA      | $372639.44     | 0.00%             | 2026-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COASTAL EMERALD LTD                                                              | Coastal Emerald Ltd                                                              | CUSIP: 000000000<br>LEI: 213800VJW5J633T5WS61 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $192170.00     | 0.00%             | 2025-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CN PING AN INSUR OVERSEA                                                         | China Ping An Insurance Overseas Holdings Ltd                                    | CUSIP: 000000000<br>LEI: 25490058XRCE9DZAMJ79 | Long             | DBT              | CORP              | HK        |     800000 | PA      | $644224.00     | 0.00%             | 2031-08-12      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP                                                          | Korea National Oil Corp                                                          | CUSIP: 50066RAP1<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | NUSS              | KR        |     800000 | PA      | $714960.00     | 0.00%             | 2026-04-07      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $304980.00     | 0.00%             | 2025-09-17      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                                                         | Performance Food Group Inc                                                       | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |     660000 | PA      | $588766.20     | 0.00%             | 2029-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                                          | Nationwide Building Society                                                      | CUSIP: 63861VAE7<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     385000 | PA      | $350030.45     | 0.00%             | 2030-07-18      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ERJH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      41770 | PA      | $39135.49      | 0.00%             | 2046-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAG1<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     355000 | PA      | $297461.60     | 0.00%             | 2047-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HOME POINT CAPITAL INC                                                           | Home Point Capital Inc                                                           | CUSIP: 43734LAA4<br>LEI: 549300DQF6YN0E43PM71 | Long             | DBT              | CORP              | US        |     330000 | PA      | $239279.70     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCM5<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     440000 | PA      | $416451.20     | 0.00%             | 2026-03-03      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                       | CUSIP: 444859BM3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     778000 | PA      | $774553.46     | 0.00%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8DM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     991921 | PA      | $887632.56     | 0.00%             | 2047-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ameren Corp                                                                      | Ameren Corp                                                                      | CUSIP: 023608AG7<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |     390000 | PA      | $379126.80     | 0.00%             | 2026-02-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                                                                       | Federal National Mortgage Association                                            | CUSIP: 3135G04Z3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    2000000 | PA      | $1837700.00    | 0.01%             | 2025-06-17      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDUC8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12528237 | PA      | $10598187.36   | 0.05%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756CB4<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    3300000 | PA      | $2433651.00    | 0.01%             | 2050-01-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KIA CORP                                                                         | Kia Corp                                                                         | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | DBT              | CORP              | KR        |     800000 | PA      | $699088.00     | 0.00%             | 2026-10-16      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JCD4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     483000 | PA      | $339920.91     | 0.00%             | 2051-11-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| GSK CONSUMER HEALTHCARE                                                          | GSK Consumer Healthcare Capital UK PLC                                           | CUSIP: 36264NAB0<br>LEI: 5493004B26DRJNN0OV17 | Long             | DBT              | CORP              | GB        |    1600000 | PA      | $1538512.00    | 0.01%             | 2025-03-24      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406HCS6<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     818000 | PA      | $808666.62     | 0.00%             | 2024-02-04      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAG4<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |     615000 | PA      | $502965.45     | 0.00%             | 2032-02-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                            | Vale Overseas Ltd                                                                | CUSIP: 91911TAE3<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |     366000 | PA      | $443968.98     | 0.00%             | 2034-01-17      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBB5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    1087000 | PA      | $988811.29     | 0.00%             | 2025-09-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK                                                                     | Kookmin Bank                                                                     | CUSIP: 50050HAM8<br>LEI: 549300XXMOJSIW8P4769 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $371860.00     | 0.00%             | 2025-05-04      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CXT6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      74376 | PA      | $73456.44      | 0.00%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                                                             | Appalachian Power Co                                                             | CUSIP: 037735CW5<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |      35000 | PA      | $33623.45      | 0.00%             | 2027-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANC                                                                 | Credit Acceptance Corp                                                           | CUSIP: 225310AN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     281000 | PA      | $263474.03     | 0.00%             | 2024-12-31      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd                                                               | Macquarie Bank Ltd                                                               | CUSIP: 55608PAQ7<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |      25000 | PA      | $24507.50      | 0.00%             | 2025-07-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | Seagate HDD Cayman                                                               | CUSIP: 81180WBC4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     465000 | PA      | $413143.20     | 0.00%             | 2029-06-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Highwoods Realty LP                                                              | Highwoods Realty LP                                                              | CUSIP: 431282AQ5<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |     112000 | PA      | $102571.84     | 0.00%             | 2028-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BR5<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    1195000 | PA      | $1073922.60    | 0.01%             | 2026-05-13      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EA1<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     750000 | PA      | $644835.00     | 0.00%             | 2031-04-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X8WQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1739898 | PA      | $1487280.33    | 0.01%             | 2050-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBU8<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     621000 | PA      | $437668.38     | 0.00%             | 2050-09-25      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YBD2<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |     661000 | PA      | $552589.39     | 0.00%             | 2048-09-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X8H26<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     559274 | PA      | $538994.62     | 0.00%             | 2035-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   28000000 | PA      | $26072812.64   | 0.12%             | 2027-02-28      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918AD6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     310000 | PA      | $347094.60     | 0.00%             | 2039-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                                             | Colombia Government International Bond                                           | CUSIP: 195325DR3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1225000 | PA      | $958452.25     | 0.00%             | 2030-01-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD                                                         | Alimentation Couche-Tard Inc                                                     | CUSIP: 01626PAH9<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |     635000 | PA      | $598290.65     | 0.00%             | 2027-07-26      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                                                            | Healthpeak Properties Inc                                                        | CUSIP: 42250PAD5<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     375000 | PA      | $325950.00     | 0.00%             | 2028-12-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKQ1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2293000 | PA      | $2216367.94    | 0.01%             | 2033-04-27      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                                                             | Carpenter Technology Corp                                                        | CUSIP: 144285AL7<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |     305000 | PA      | $300556.15     | 0.00%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                                 | Berry Global Inc                                                                 | CUSIP: 08576PAF8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     942000 | PA      | $824184.06     | 0.00%             | 2027-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 42307TAH1<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     510000 | PA      | $588473.70     | 0.00%             | 2039-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEU5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $1045452.25    | 0.01%             | 2033-07-20      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| TECK RESOURCES LIMITED                                                           | Teck Resources Ltd                                                               | CUSIP: 878742AS4<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | DBT              | CORP              | CA        |     290000 | PA      | $296733.80     | 0.00%             | 2040-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAB1<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    1426000 | PA      | $1320604.34    | 0.01%             | 2027-07-21      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QAZ3<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     589000 | PA      | $572301.85     | 0.00%             | 2027-04-14      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                   | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     465000 | PA      | $406637.85     | 0.00%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCD6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1440000 | PA      | $1136822.40    | 0.01%             | 2042-04-22      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769CH5<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |     905000 | PA      | $522185.00     | 0.00%             | 2037-06-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FM5<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     871000 | PA      | $720978.96     | 0.00%             | 2045-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkey Government International Bond                                             | CUSIP: 900123DA5<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1800000 | PA      | $1484532.00    | 0.01%             | 2031-01-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| WYNN LAS VEGAS LLC/CORP                                                          | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp                                 | CUSIP: 983130AX3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     680000 | PA      | $642260.00     | 0.00%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                                        | CUSIP: 626207YF5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    1015000 | PA      | $1147527.54    | 0.01%             | 2057-04-01      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| PETROFAC LTD                                                                     | Petrofac Ltd                                                                     | CUSIP: 716473AE3<br>LEI: 2138004624W8CKCSJ177 | Long             | DBT              | CORP              | JE        |     350000 | PA      | $228417.00     | 0.00%             | 2026-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBW2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     919000 | PA      | $786112.60     | 0.00%             | 2050-01-31      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VALVOLINE INC                                                                    | Valvoline Inc                                                                    | CUSIP: 92047WAD3<br>LEI: 549300CMHPBEY6VPOT75 | Long             | DBT              | CORP              | US        |     508000 | PA      | $499612.92     | 0.00%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | CENTRL PUGET SOUND WA REGL TRANSIT AUTH SALES & USE TAX                          | CUSIP: 15504RET2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      30000 | PA      | $32842.71      | 0.00%             | 2039-11-01      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| ENN ENERGY HOLDINGS LTD                                                          | ENN Energy Holdings Ltd                                                          | CUSIP: 000000000<br>LEI: 549300V7BXPWT6WIPR03 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $590424.00     | 0.00%             | 2027-05-17      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                       | CUSIP: 695114CV8<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     386000 | PA      | $342181.28     | 0.00%             | 2050-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL CORP                                                               | STORE Capital Corp                                                               | CUSIP: 862121AD2<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              |  | US        |     395000 | PA      | $297340.20     | 0.00%             | 2031-12-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13645RAX2<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     533000 | PA      | $584535.77     | 0.00%             | 2115-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITD                                                         | Perrigo Finance Unlimited Co                                                     | CUSIP: 714295AC6<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     430000 | PA      | $416295.90     | 0.00%             | 2024-12-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406HCV9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     280000 | PA      | $275438.80     | 0.00%             | 2024-05-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC                                                               | AMN Healthcare Inc                                                               | CUSIP: 00175PAB9<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |     310000 | PA      | $287549.80     | 0.00%             | 2027-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GEORGE WASHINGTON UNIVER                                                         | George Washington University/The                                                 | CUSIP: 372546AU5<br>LEI: 5493002S4P5IVD462L47 | Long             | DBT              | CORP              | US        |     315000 | PA      | $311717.70     | 0.00%             | 2045-09-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEQ4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     839000 | PA      | $823788.93     | 0.00%             | 2025-04-17      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| TENGIZCHEVROIL FIN CO IN                                                         | Tengizchevroil Finance Co International Ltd                                      | CUSIP: 000000000<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |     800000 | PA      | $711952.00     | 0.00%             | 2026-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REC LIMITED                                                                      | REC Ltd                                                                          | CUSIP: 000000000<br>LEI: 335800B4YRYWAMIJZ374 | Long             | DBT              | CORP              | IN        |     600000 | PA      | $575970.00     | 0.00%             | 2028-03-22      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558BT9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    1127000 | PA      | $787457.44     | 0.00%             | 2050-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DZ21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1565628 | PA      | $1426917.68    | 0.01%             | 2036-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CV6<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     800000 | PA      | $659160.00     | 0.00%             | 2031-03-12      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                                                                | Service Corp International/US                                                    | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     570000 | PA      | $481285.20     | 0.00%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Eni SpA                                                                          | Eni SpA                                                                          | CUSIP: 26874RAC2<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |     365000 | PA      | $349640.80     | 0.00%             | 2040-10-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GABON                                                                | Gabon Government International Bond                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |     400000 | PA      | $337032.00     | 0.00%             | 2031-11-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI BANKING                                                          | Sumitomo Mitsui Banking Corp                                                     | CUSIP: 865622BW3<br>LEI: 5U0XI89JRFVHWIBS4F54 | Long             | DBT              | CORP              | JP        |     255000 | PA      | $247536.15     | 0.00%             | 2025-07-23      | Fixed         | 3.65%                 | No            |                  2 | On Loan: —       |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550BH8<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     428000 | PA      | $453012.32     | 0.00%             | 2041-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                                                              | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     600000 | PA      | $527640.00     | 0.00%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     800000 | PA      | $768832.00     | 0.00%             | 2024-11-07      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WE3W7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     117972 | PA      | $113767.50     | 0.00%             | 2045-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 21685WCJ4<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    1121000 | PA      | $1225073.64    | 0.01%             | 2041-05-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0JN0<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     860000 | PA      | $762536.20     | 0.00%             | 2047-07-12      | Fixed         | 3.90%                 | No            |                  2 | On Loan: —       |
| CALUMET SPECIALTY PROD                                                           | Calumet Specialty Products Partners LP / Calumet Finance Corp                    | CUSIP: 131477AV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     185000 | PA      | $179753.40     | 0.00%             | 2027-01-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| CITIC                                                                            | CITIC Ltd                                                                        | CUSIP: 000000000<br>LEI: 2549006I3Q3M98KHOT11 | Long             | DBT              | CORP              | HK        |     800000 | PA      | $703576.00     | 0.00%             | 2030-02-25      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                             | CUSIP: 10112RBF0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     600000 | PA      | $456648.00     | 0.00%             | 2033-10-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                                                           | Energizer Holdings Inc                                                           | CUSIP: 29272WAC3<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |     390000 | PA      | $349050.00     | 0.00%             | 2028-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                                                     | 7-Eleven Inc                                                                     | CUSIP: 817826AD2<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |    2515000 | PA      | $2141371.60    | 0.01%             | 2028-02-10      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                                                               | Realty Income Corp                                                               | CUSIP: 756109AQ7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     470000 | PA      | $462832.50     | 0.00%             | 2024-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CG2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     995000 | PA      | $923957.00     | 0.00%             | 2026-06-04      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X4Z33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1978909 | PA      | $1879517.73    | 0.01%             | 2033-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS FINANCE INC                                                          | BAE Systems Finance Inc                                                          | CUSIP: 11041RAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     360000 | PA      | $395251.20     | 0.00%             | 2027-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                                                      | KeyBank NA/Cleveland OH                                                          | CUSIP: 49327V2C7<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |     270000 | PA      | $263498.40     | 0.00%             | 2032-08-08      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Lazard Group LLC                                                                 | Lazard Group LLC                                                                 | CUSIP: 52107QAG0<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |     284000 | PA      | $276536.48     | 0.00%             | 2025-02-13      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TEXAS EASTERN TRANSMISSI                                                         | Texas Eastern Transmission LP                                                    | CUSIP: 882389CC1<br>LEI: 549300SIOULUXXIDGA69 | Long             | DBT              | CORP              | US        |      55000 | PA      | $63399.05      | 0.00%             | 2032-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DX3<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     620000 | PA      | $524030.20     | 0.00%             | 2062-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AL7<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |      10000 | PA      | $11295.20      | 0.00%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKM0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1860000 | PA      | $1798601.40    | 0.01%             | 2026-04-02      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CELULOSA ARAUCO CONSTITU                                                         | Celulosa Arauco y Constitucion SA                                                | CUSIP: 151191AZ6<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |     320000 | PA      | $316118.40     | 0.00%             | 2024-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                                           | Kazakhstan Government International Bond                                         | CUSIP: 000000000<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |     600000 | PA      | $546792.00     | 0.00%             | 2044-10-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QBS8<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     540000 | PA      | $389134.80     | 0.00%             | 2052-03-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Southwest Gas Corp                                                               | Southwest Gas Corp                                                               | CUSIP: 845011AA3<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |     220000 | PA      | $206868.20     | 0.00%             | 2028-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     525000 | PA      | $364413.00     | 0.00%             | 2042-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAP7<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     380000 | PA      | $311558.20     | 0.00%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ADANI TRANS STEP-ONE LTD                                                         | Adani Transmission Step-One Ltd                                                  | CUSIP: 000000000<br>LEI: 335800Z8CGS7O7D72N41 | Long             | DBT              | CORP              | IN        |     422500 | PA      | $313625.98     | 0.00%             | 2036-05-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BT5<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     560000 | PA      | $515625.60     | 0.00%             | 2062-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AP8<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     146000 | PA      | $132943.22     | 0.00%             | 2044-04-25      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF II                                                               | Pacific Life Global Funding II                                                   | CUSIP: 6944PL2B4<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |     800000 | PA      | $732864.00     | 0.00%             | 2025-06-24      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| SHINHAN BANK                                                                     | Shinhan Bank Co Ltd                                                              | CUSIP: 82460EAJ9<br>LEI: 5493003P813VL21KG928 | Long             | DBT              | CORP              | KR        |    1000000 | PA      | $947360.00     | 0.00%             | 2026-03-24      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844BS6<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     554000 | PA      | $525762.62     | 0.00%             | 2026-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                                                           | SCIH Salt Holdings Inc                                                           | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     785000 | PA      | $690964.85     | 0.00%             | 2028-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TRUST FIBRAUNO                                                                   | Trust Fibra Uno                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              |  | MX        |     400000 | PA      | $351136.00     | 0.00%             | 2050-01-15      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| LONGFOR HOLDINGS LTD                                                             | Longfor Group Holdings Ltd                                                       | CUSIP: 000000000<br>LEI: 254900UJX27B2F1JYR13 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $666408.00     | 0.00%             | 2029-09-16      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                                                | Brown & Brown Inc                                                                | CUSIP: 115236AE1<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     190000 | PA      | $173956.40     | 0.00%             | 2032-03-17      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DL8<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     362000 | PA      | $317836.00     | 0.00%             | 2028-02-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                                                         | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                 | CUSIP: 84859BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     395000 | PA      | $404160.05     | 0.00%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                   | CUSIP: 806605AG6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     800000 | PA      | $941424.00     | 0.00%             | 2033-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YAV3<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |    1040000 | PA      | $968510.40     | 0.00%             | 2026-09-19      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  127800000 | PA      | $115319531.25  | 0.55%             | 2026-01-31      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VBU3<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     690000 | PA      | $680146.80     | 0.00%             | 2032-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YCV9<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     697000 | PA      | $688524.48     | 0.00%             | 2024-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Federal National Mortgage Association                                            | CUSIP: 3135G0ZR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    3005000 | PA      | $2924856.65    | 0.01%             | 2024-09-06      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    3600000 | PA      | $3473568.00    | 0.02%             | 2026-10-26      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                                                              | Resideo Funding Inc                                                              | CUSIP: 76119LAB7<br>LEI: 5493000IFJ6XJKH66598 | Long             | DBT              | CORP              | US        |     240000 | PA      | $197412.00     | 0.00%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    1200000 | PA      | $771504.00     | 0.00%             | 2070-09-02      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                                                         | OCP SA                                                                           | CUSIP: 000000000<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     400000 | PA      | $313084.00     | 0.00%             | 2051-06-23      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | Las Vegas Sands Corp                                                             | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     555000 | PA      | $496719.45     | 0.00%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| QIB SUKUK LTD                                                                    | QIB Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300XDP1VCBZLCP049 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $923770.00     | 0.00%             | 2025-10-27      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272AN8<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     633000 | PA      | $612161.64     | 0.00%             | 2027-03-27      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SABRA HEALTH CARE LP                                                             | Sabra Health Care LP                                                             | CUSIP: 78574MAA1<br>LEI: 549300OVKLRFSIQG0H81 | Long             | DBT              |  | US        |     560000 | PA      | $432040.00     | 0.00%             | 2031-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| VeriSign Inc                                                                     | VeriSign Inc                                                                     | CUSIP: 92343EAH5<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |     321000 | PA      | $322242.27     | 0.00%             | 2025-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                                        | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     600000 | PA      | $406362.00     | 0.00%             | 2050-08-03      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2D4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1790000 | PA      | $1737624.60    | 0.01%             | 2029-01-24      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 891906AC3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     762000 | PA      | $756818.40     | 0.00%             | 2026-04-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                           | CUSIP: 776743AH9<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     860000 | PA      | $825436.60     | 0.00%             | 2024-09-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEZ4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     900000 | PA      | $902979.00     | 0.00%             | 2027-01-28      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967AR2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     121000 | PA      | $133024.98     | 0.00%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NAMIBIA                                                              | Republic Of Namibia                                                              | CUSIP: 000000000<br>LEI: 549300T6Y4CWK77SML15 | Long             | DBT              | NUSS              | NA        |     600000 | PA      | $568842.00     | 0.00%             | 2025-10-29      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                              | CUSIP: 291011BQ6<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |     855000 | PA      | $752023.80     | 0.00%             | 2028-12-21      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KLX ENERGY SERVICES HOLD                                                         | KLX Energy Services Holdings Inc                                                 | CUSIP: 48253LAA4<br>LEI: 5493004D4S7MAO1H3U27 | Long             | DBT              | CORP              | US        |     155000 | PA      | $146479.65     | 0.00%             | 2025-11-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PAN8<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     668000 | PA      | $667332.00     | 0.00%             | 2024-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HEATH SYS TX                                                          | Children's Health System of Texas                                                | CUSIP: 16876HAB5<br>LEI: 254900FK4IY1J5YO2L69 | Long             | DBT              | CORP              | US        |     174000 | PA      | $111055.50     | 0.00%             | 2050-08-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| VENA ENERGY CAP PTE LTD                                                          | Vena Energy Capital Pte Ltd                                                      | CUSIP: 000000000<br>LEI: 254900WSETM7TQMYGS40 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $185672.00     | 0.00%             | 2025-02-26      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ENTERGY MISSISSIPPI LLC                                                          | Entergy Mississippi LLC                                                          | CUSIP: 29366WAB2<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |      70000 | PA      | $54304.60      | 0.00%             | 2051-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599DB8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     201000 | PA      | $204537.60     | 0.00%             | 2024-07-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| California Earthquake Authority                                                  | CALIFORNIA ST EARTHQUAKE AUTH                                                    | CUSIP: 13017HAP1<br>LEI: 254900P2MGLOUH3QS859 | Long             | DBT              | MUN               | US        |     200000 | PA      | $203769.00     | 0.00%             | 2027-07-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EUU1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     357000 | PA      | $340163.88     | 0.00%             | 2029-03-07      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Lyb Finance Co Bv                                                                | LYB Finance Co BV                                                                | CUSIP: 61238QAA6<br>LEI: 549300BBGA3CFHX0KS75 | Long             | DBT              | CORP              | NL        |      90000 | PA      | $99377.10      | 0.00%             | 2027-03-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF RWANDA                                                               | Rwanda International Government Bond                                             | CUSIP: 000000000<br>LEI: 213800DQC28OBRZDYJ87 | Long             | DBT              | NUSS              | RW        |     400000 | PA      | $303772.00     | 0.00%             | 2031-08-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   98360000 | PA      | $92362345.56   | 0.44%             | 2024-11-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1200000 | PA      | $850968.00     | 0.00%             | 2049-03-01      | Fixed         | 8.70%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638DU3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1600000 | PA      | $1304336.00    | 0.01%             | 2034-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY SOUTH                                                            | Dominion Energy South Carolina Inc                                               | CUSIP: 837004CE8<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |     165000 | PA      | $172151.10     | 0.00%             | 2041-02-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                                             | Waste Management Inc                                                             | CUSIP: 94106LBP3<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     610000 | PA      | $494594.10     | 0.00%             | 2031-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     640000 | PA      | $576998.40     | 0.00%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE FINANCIAL SER                                                         | Nationwide Financial Services Inc                                                | CUSIP: 638612AM3<br>LEI: 5493001H7AZNDS6BKJ36 | Long             | DBT              | CORP              | US        |    1070000 | PA      | $827677.10     | 0.00%             | 2049-11-30      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DHD7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2393069 | PA      | $2251750.49    | 0.01%             | 2034-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HH9<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |    1319000 | PA      | $1261808.16    | 0.01%             | 2027-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687DZ6<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     778000 | PA      | $892249.30     | 0.00%             | 2034-12-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140F5AD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      89958 | PA      | $83587.49      | 0.00%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK CHINA/HK                                                           | Industrial & Commercial Bank of China Ltd/Hong Kong                              | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |     600000 | PA      | $600666.00     | 0.00%             | 2024-09-16      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| VEDANTA UK INVESTMENTS                                                           | Vedanta Resources Ltd                                                            | CUSIP: 000000000<br>LEI: 2138007MYEKPEAZQTW83 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $302524.00     | 0.00%             | 2024-08-09      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CONSENSUS CLOUD SOLUTION                                                         | Consensus Cloud Solutions Inc                                                    | CUSIP: 20848VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     205000 | PA      | $196822.55     | 0.00%             | 2026-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| HPHT FINANCE 21                                                                  | HPHT Finance 21 Ltd                                                              | CUSIP: 000000000<br>LEI: 549300F5U2UH77I50R70 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $547470.00     | 0.00%             | 2026-03-19      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                             | CUSIP: 46513JB42<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    1350000 | PA      | $1151536.50    | 0.01%             | 2050-07-03      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CNAC HK FINBRIDGE CO LTD                                                         | CNAC HK Finbridge Co Ltd                                                         | CUSIP: 000000000<br>LEI: 549300US1UQ7R7WABI28 | Long             | DBT              | CORP              | HK        |    1000000 | PA      | $979050.00     | 0.00%             | 2024-06-19      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233851DS0<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     330000 | PA      | $325551.60     | 0.00%             | 2024-02-22      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ABU DHABI NATIONAL ENERG                                                         | Abu Dhabi National Energy Co PJSC                                                | CUSIP: 000000000<br>LEI: 213800UNJSVQFNUYYW03 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $175374.00     | 0.00%             | 2049-10-03      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MFKV9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     367898 | PA      | $349704.76     | 0.00%             | 2033-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200JG7<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    1012000 | PA      | $984109.28     | 0.00%             | 2026-02-19      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO                                                          | Massachusetts Mutual Life Insurance Co                                           | CUSIP: 575767AL2<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |     219000 | PA      | $200176.95     | 0.00%             | 2077-04-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BPG5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     383365 | PA      | $359344.26     | 0.00%             | 2046-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS                                                         | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BM1<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              |  | US        |     300000 | PA      | $243342.00     | 0.00%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38148LAF3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1793000 | PA      | $1774962.42    | 0.01%             | 2045-05-22      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SMC GLOBAL POWER HLDGS                                                           | SMC Global Power Holdings Corp                                                   | CUSIP: 000000000<br>LEI: 549300HBCE80QXKII590 | Long             | DBT              | CORP              | PH        |     600000 | PA      | $492486.00     | 0.00%             | 2026-01-21      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| REGENERON PHARMACEUTICAL                                                         | Regeneron Pharmaceuticals Inc                                                    | CUSIP: 75886FAF4<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |     682000 | PA      | $455119.06     | 0.00%             | 2050-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468J1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     699000 | PA      | $675310.89     | 0.00%             | 2025-07-22      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PBC1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     350000 | PA      | $347609.50     | 0.00%             | 2028-11-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| NGPL PIPECO LLC                                                                  | NGPL PipeCo LLC                                                                  | CUSIP: 62928CAA0<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |      90000 | PA      | $76294.80      | 0.00%             | 2031-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NBK SPC LTD                                                                      | NBK SPC Ltd                                                                      | CUSIP: 000000000<br>LEI: 549300P1ANDK86KWB419 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $538380.00     | 0.00%             | 2027-09-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                                                          | El Salvador Government International Bond                                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     450000 | PA      | $214042.50     | 0.00%             | 2041-02-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| KINGDOM OF BAHRAIN                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     200000 | PA      | $202204.00     | 0.00%             | 2026-01-05      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LBG3<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     320000 | PA      | $280556.80     | 0.00%             | 2029-09-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UCC1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     330000 | PA      | $299326.50     | 0.00%             | 2044-12-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                                                    | Aircastle Ltd                                                                    | CUSIP: 00928QAU5<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |      25000 | PA      | $21769.25      | 0.00%             | 2028-01-26      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    3387000 | PA      | $3241731.57    | 0.02%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CP2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     350000 | PA      | $292887.00     | 0.00%             | 2030-05-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    1000000 | PA      | $808850.00     | 0.00%             | 2044-09-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Matador Resources Co                                                             | Matador Resources Co                                                             | CUSIP: 576485AE6<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     746000 | PA      | $734280.34     | 0.00%             | 2026-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     600000 | PA      | $574728.00     | 0.00%             | 2024-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                                                         | Virgin Media Finance PLC                                                         | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |     765000 | PA      | $642462.30     | 0.00%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                     | CUSIP: 615369AV7<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     435000 | PA      | $321939.15     | 0.00%             | 2041-08-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                | CUSIP: 37045VAQ3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     430000 | PA      | $380150.10     | 0.00%             | 2048-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                                                                   | Albemarle Corp                                                                   | CUSIP: 012653AE1<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |     350000 | PA      | $346307.50     | 0.00%             | 2032-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                              | CUSIP: 03027XAR1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     844000 | PA      | $793689.16     | 0.00%             | 2028-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEB7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     660000 | PA      | $629666.40     | 0.00%             | 2025-01-22      | Fixed         | 0.79%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JCM4<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    1150000 | PA      | $1172540.00    | 0.01%             | 2052-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EAE5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     900000 | PA      | $875448.00     | 0.00%             | 2025-03-16      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JH0<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    1421000 | PA      | $1152942.56    | 0.01%             | 2030-09-23      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SZ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   64700000 | PA      | $45876343.75   | 0.22%             | 2051-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D3H3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6969098 | PA      | $6130158.89    | 0.03%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                              | COMM 2014-UBS4 Mortgage Trust                                                    | CUSIP: 12591QAT9<br>LEI: 5493004GWEVMOU8S3L34 | Long             | ABS-MBS          | CORP              | US        |     750000 | PA      | $713291.70     | 0.00%             | 2047-08-10      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| BLACK KNIGHT INFOSERV LL                                                         | Black Knight InfoServ LLC                                                        | CUSIP: 092174AA9<br>LEI: 549300H5PS5C68DAUX66 | Long             | DBT              | CORP              | US        |     645000 | PA      | $573914.55     | 0.00%             | 2028-09-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                        | Block Inc                                                                        | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     670000 | PA      | $562143.40     | 0.00%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                       | CUSIP: 31428XCE4<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     740000 | PA      | $564538.60     | 0.00%             | 2041-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DICK'S SPORTING GOODS                                                            | Dick's Sporting Goods Inc                                                        | CUSIP: 253393AG7<br>LEI: 529900SSBV5I4LWSK313 | Long             | DBT              | CORP              | US        |     425000 | PA      | $299370.00     | 0.00%             | 2052-01-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                                                         | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AG0<br>LEI: N/A                  | Long             | DBT              |  | US        |     425000 | PA      | $378534.75     | 0.00%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 969457BM1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     130000 | PA      | $160314.70     | 0.00%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEL2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     800000 | PA      | $806464.00     | 0.00%             | 2062-05-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                           | CUSIP: 460146CM3<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     250000 | PA      | $247495.00     | 0.00%             | 2035-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406HDA4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     600000 | PA      | $582084.00     | 0.00%             | 2025-02-24      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Teleflex Inc                                                                     | Teleflex Inc                                                                     | CUSIP: 879369AF3<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |     440000 | PA      | $420362.80     | 0.00%             | 2027-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| IPALCO Enterprises Inc                                                           | IPALCO Enterprises Inc                                                           | CUSIP: 462613AM2<br>LEI: 5493000YFVK2DZX0JV43 | Long             | DBT              | CORP              | US        |     250000 | PA      | $243645.00     | 0.00%             | 2024-09-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMC NETWORKS INC                                                                 | AMC Networks Inc                                                                 | CUSIP: 00164VAF0<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |     687000 | PA      | $421598.16     | 0.00%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JINAN URB CONST INTL INV                                                         | Jinan Urban Construction International Investment Co Ltd                         | CUSIP: 000000000<br>LEI: 6556004HMETOJY08IH68 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $172780.00     | 0.00%             | 2026-09-23      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                                                         | Agree LP                                                                         | CUSIP: 008513AB9<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              |  | US        |     380000 | PA      | $324489.60     | 0.00%             | 2028-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                                                               | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     570000 | PA      | $537390.30     | 0.00%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                       | CUSIP: 695114CZ9<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     475000 | PA      | $507342.75     | 0.00%             | 2053-12-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    1640000 | PA      | $1302307.60    | 0.01%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHINA DEVELOPMENT BANK                                                           | China Development Bank                                                           | CUSIP: 000000000<br>LEI: 300300C1020111000029 | Long             | DBT              | NUSS              | CN        |    1000000 | PA      | $845190.00     | 0.00%             | 2030-10-27      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599DZ5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     437000 | PA      | $483474.95     | 0.00%             | 2027-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                       | CUSIP: 842434CW0<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     530000 | PA      | $501592.00     | 0.00%             | 2027-04-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BAT INTL FINANCE PLC                                                             | BAT International Finance PLC                                                    | CUSIP: 05530QAK6<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |    1124000 | PA      | $1090336.20    | 0.01%             | 2025-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                                                               | CommScope Technologies LLC                                                       | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |     520000 | PA      | $397118.80     | 0.00%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GATX Corp                                                                        | GATX Corp                                                                        | CUSIP: 361448BA0<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |      85000 | PA      | $78910.60      | 0.00%             | 2028-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                                                              | Georgia-Pacific LLC                                                              | CUSIP: 37331NAM3<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     730000 | PA      | $692397.70     | 0.00%             | 2024-05-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| CHINA OVERSEAS FIN                                                               | China Overseas Finance Cayman VII Ltd                                            | CUSIP: 000000000<br>LEI: 3003003EQA2BE4U94Y86 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $979900.00     | 0.00%             | 2028-04-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAH2<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     550000 | PA      | $587207.50     | 0.00%             | 2040-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                                                                  | Weyerhaeuser Co                                                                  | CUSIP: 962166CB8<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |      45000 | PA      | $37417.05      | 0.00%             | 2052-03-09      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                                                              | Suzano Austria GmbH                                                              | CUSIP: 86964WAL6<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     390000 | PA      | $333212.10     | 0.00%             | 2028-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                      | CUSIP: 29446MAE2<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     781000 | PA      | $746550.09     | 0.00%             | 2027-04-06      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Progress Energy Inc                                                              | Progress Energy Inc                                                              | CUSIP: 743263AE5<br>LEI: 549300FBMTW0JYWMNB26 | Long             | DBT              | CORP              | US        |     281000 | PA      | $328868.35     | 0.00%             | 2031-03-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                | CUSIP: 30040WAR9<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     220000 | PA      | $220508.20     | 0.00%             | 2027-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                                                            | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     690000 | PA      | $681181.80     | 0.00%             | 2027-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WAW8<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     528000 | PA      | $495786.72     | 0.00%             | 2028-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 69370RAA5<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |    1000000 | PA      | $1044460.00    | 0.01%             | 2044-05-30      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| SENTARA HEALTHCARE                                                               | Sentara Healthcare                                                               | CUSIP: 81728XAA6<br>LEI: 5493002B0YWN6UH30V71 | Long             | DBT              | CORP              | US        |     100000 | PA      | $70613.00      | 0.00%             | 2051-11-01      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CD8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     250000 | PA      | $192115.00     | 0.00%             | 2049-11-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8ZW8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6781232 | PA      | $6347257.26    | 0.03%             | 2037-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDZ2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     595000 | PA      | $435278.20     | 0.00%             | 2050-05-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133ALJP4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6746401 | PA      | $5726527.85    | 0.03%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109BP8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     270000 | PA      | $286318.80     | 0.00%             | 2032-10-13      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | Las Vegas Sands Corp                                                             | CUSIP: 517834AH0<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     566000 | PA      | $529425.08     | 0.00%             | 2025-06-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| SRS DISTRIBUTION INC                                                             | SRS Distribution Inc                                                             | CUSIP: 78471RAC0<br>LEI: 549300ZQ3XP75BCYM468 | Long             | DBT              | CORP              | US        |     315000 | PA      | $270865.35     | 0.00%             | 2029-07-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                                                          | AMC Entertainment Holdings Inc                                                   | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |     710000 | PA      | $416848.10     | 0.00%             | 2029-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158AV8<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |     185000 | PA      | $181792.10     | 0.00%             | 2024-07-31      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                                         | Builders FirstSource Inc                                                         | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     361000 | PA      | $336921.30     | 0.00%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179MNH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     498801 | PA      | $483760.61     | 0.00%             | 2042-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UWA6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     461743 | PA      | $464374.40     | 0.00%             | 2049-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                                      | Phillips 66                                                                      | CUSIP: 718546AL8<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |    1613000 | PA      | $1585966.12    | 0.01%             | 2044-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                          | CUSIP: 29670GAE2<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |     288000 | PA      | $213249.60     | 0.00%             | 2050-04-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                                                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAM4<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     815000 | PA      | $769270.35     | 0.00%             | 2026-11-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123CB5<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    1089000 | PA      | $987167.61     | 0.00%             | 2042-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                               | CUSIP: 925650AE3<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |     445000 | PA      | $417872.80     | 0.00%             | 2052-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132A5GA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3280186 | PA      | $3047877.86    | 0.01%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Woodside Finance Ltd                                                             | Woodside Finance Ltd                                                             | CUSIP: 980236AP8<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |      10000 | PA      | $9351.50       | 0.00%             | 2028-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XA2H4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   11556546 | PA      | $11336366.57   | 0.05%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 780097BP5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     674000 | PA      | $622897.32     | 0.00%             | 2028-05-22      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| PECO Energy Co                                                                   | PECO Energy Co                                                                   | CUSIP: 693304AT4<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     200000 | PA      | $193416.00     | 0.00%             | 2025-10-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ER5K2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     395983 | PA      | $381917.04     | 0.00%             | 2046-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Boardwalk Pipelines LP                                                           | Boardwalk Pipelines LP                                                           | CUSIP: 096630AF5<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |     515000 | PA      | $501846.90     | 0.00%             | 2027-07-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                                                     | Ecopetrol SA                                                                     | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     750000 | PA      | $592830.00     | 0.00%             | 2031-11-02      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TSF3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     296664 | PA      | $277269.77     | 0.00%             | 2048-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PLAYTIKA HOLDING CORP                                                            | Playtika Holding Corp                                                            | CUSIP: 72815LAA5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | DBT              | CORP              | US        |     550000 | PA      | $456956.50     | 0.00%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                                                           | Bunge Ltd Finance Corp                                                           | CUSIP: 120568BB5<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |     176000 | PA      | $162275.52     | 0.00%             | 2025-08-17      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132QQTX0<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       8196 | PA      | $8096.48       | 0.00%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                                          | Nationwide Building Society                                                      | CUSIP: 638602BP6<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    1317000 | PA      | $1281006.39    | 0.01%             | 2025-07-21      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                                                  | Nordea Bank Abp                                                                  | CUSIP: 65558RAA7<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    1340000 | PA      | $1303552.00    | 0.01%             | 2025-06-06      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804GE8<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     725000 | PA      | $609326.25     | 0.00%             | 2031-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EVF3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     930000 | PA      | $847006.80     | 0.00%             | 2027-03-09      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FETN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1000000 | PA      | $970692.15     | 0.00%             | 2028-01-25      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368JKF6<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     645000 | PA      | $616458.75     | 0.00%             | 2026-08-19      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                                                                | Rakuten Group Inc                                                                | CUSIP: 75102WAD0<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |     575000 | PA      | $583878.00     | 0.00%             | 2024-11-30      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY OPERATING                                                         | NextEra Energy Operating Partners LP                                             | CUSIP: 65342QAK8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     354000 | PA      | $346658.04     | 0.00%             | 2024-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                                           | Kazakhstan Government International Bond                                         | CUSIP: 000000000<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |    1200000 | PA      | $1248852.00    | 0.01%             | 2025-07-21      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                                                        | WRKCo Inc                                                                        | CUSIP: 96145DAF2<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     245000 | PA      | $238877.45     | 0.00%             | 2025-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 293791AF6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     250000 | PA      | $288117.50     | 0.00%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                                               | Conagra Brands Inc                                                               | CUSIP: 205887CD2<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     601000 | PA      | $604461.76     | 0.00%             | 2038-11-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Vinci SA                                                                         | Vinci SA                                                                         | CUSIP: 927320AA9<br>LEI: 213800WFQ334R8UXUG83 | Long             | DBT              | CORP              | FR        |     520000 | PA      | $491212.80     | 0.00%             | 2029-04-10      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664CZ2<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     600000 | PA      | $565056.00     | 0.00%             | 2027-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: —       |
| BANCO INBURSA                                                                    | Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa          | CUSIP: 000000000<br>LEI: 9598007PWYZP4GP23S45 | Long             | DBT              | CORP              | MX        |     450000 | PA      | $444690.00     | 0.00%             | 2024-06-06      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PRICOA GLOBAL FUNDING 1                                                          | Pricoa Global Funding I                                                          | CUSIP: 74153WCR8<br>LEI: 635400IBXEBMD9ADYA79 | Long             | DBT              | CORP              | US        |     410000 | PA      | $404132.90     | 0.00%             | 2025-08-28      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank NA                                                              | Wells Fargo Bank NA                                                              | CUSIP: 92976GAJ0<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |     768000 | PA      | $883038.72     | 0.00%             | 2038-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GE7<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     286000 | PA      | $221321.10     | 0.00%             | 2045-02-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAK5<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     490000 | PA      | $451437.00     | 0.00%             | 2045-08-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 94974BGU8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1935000 | PA      | $1781573.85    | 0.01%             | 2046-12-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Steel Dynamics Inc                                                               | Steel Dynamics Inc                                                               | CUSIP: 858119BF6<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     412000 | PA      | $408646.32     | 0.00%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KB SECURITIES CO LTD                                                             | KB Securities Co Ltd                                                             | CUSIP: 000000000<br>LEI: 549300Q7SEZ32KPGBL06 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $176350.00     | 0.00%             | 2026-11-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| PACTIV EVERGREEN GROUP                                                           | Pactiv Evergreen Group Issuer Inc/Pactiv Evergreen Group Issuer LLC              | CUSIP: 76174LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     785000 | PA      | $705196.90     | 0.00%             | 2027-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 084659AM3<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     910000 | PA      | $865091.50     | 0.00%             | 2028-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EXPORT DEVELOPMNT CANADA                                                         | Export Development Canada                                                        | CUSIP: 30216BJR4<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |      15000 | PA      | $14507.25      | 0.00%             | 2027-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DV5F8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     101991 | PA      | $99764.94      | 0.00%             | 2050-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                           | CUSIP: 40434LAK1<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     425000 | PA      | $401140.50     | 0.00%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UAE INT'L GOVT BOND                                                              | UAE INTERNATIONAL GOVERNMENT BOND                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |    1000000 | PA      | $1012050.00    | 0.00%             | 2052-07-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Republic of Korea                                                                | Korea International Bond                                                         | CUSIP: 50064FAN4<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $368876.00     | 0.00%             | 2048-09-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| XYLEM INC                                                                        | Xylem Inc/NY                                                                     | CUSIP: 98419MAK6<br>LEI: 549300DF5MV96DRYLQ48 | Long             | DBT              | CORP              | US        |     250000 | PA      | $218675.00     | 0.00%             | 2046-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ANZ BANK NEW ZEALAND LTD                                                         | ANZ Bank New Zealand Ltd                                                         | CUSIP: 00182YAA3<br>LEI: HZSN7FQBPO5IEWYIGC72 | Long             | DBT              | CORP              | NZ        |     300000 | PA      | $299604.00     | 0.00%             | 2032-08-11      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBC6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     585000 | PA      | $572867.10     | 0.00%             | 2045-02-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                                              | Buckeye Partners LP                                                              | CUSIP: 118230AP6<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     222000 | PA      | $169372.68     | 0.00%             | 2044-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110BX1<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    1600000 | PA      | $1469024.00    | 0.01%             | 2025-05-27      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                                                                        | Lear Corp                                                                        | CUSIP: 521865BC8<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     430000 | PA      | $337532.80     | 0.00%             | 2032-01-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                            | Molina Healthcare Inc                                                            | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     650000 | PA      | $601328.00     | 0.00%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AE5<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |      53000 | PA      | $57776.36      | 0.00%             | 2035-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ADVANTAGE SALES & MARKET                                                         | Advantage Sales & Marketing Inc                                                  | CUSIP: 00775PAA5<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |     525000 | PA      | $399262.50     | 0.00%             | 2028-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   31000000 | PA      | $30331562.50   | 0.15%             | 2027-08-31      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                                                              | Province of Alberta Canada                                                       | CUSIP: 013051EM5<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    3245000 | PA      | $2683225.60    | 0.01%             | 2030-07-22      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                                                    | UBS AG/London                                                                    | CUSIP: 902674YH7<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |    2095000 | PA      | $1863104.45    | 0.01%             | 2026-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599CJ2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     295000 | PA      | $241510.60     | 0.00%             | 2046-04-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $475458.00     | 0.00%             | 2051-06-07      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                                              | Buckeye Partners LP                                                              | CUSIP: 118230AT8<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     345000 | PA      | $327963.90     | 0.00%             | 2025-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WF6U5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      39507 | PA      | $38099.26      | 0.00%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225433AF8<br>LEI: 549300PXR5FKNXF0OH19 | Long             | DBT              | CORP              | CH        |    1577000 | PA      | $1295410.88    | 0.01%             | 2045-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WeWork Cos Inc                                                                   | WeWork Cos Inc                                                                   | CUSIP: 96208LAA9<br>LEI: 549300D8U9TF7WBED521 | Long             | DBT              | CORP              | US        |     150000 | PA      | $80964.00      | 0.00%             | 2025-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| WP CAREY INC                                                                     | WP Carey Inc                                                                     | CUSIP: 92936UAF6<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     220000 | PA      | $205722.00     | 0.00%             | 2029-07-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JAT1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |      95000 | PA      | $92155.70      | 0.00%             | 2041-12-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J75K7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      43069 | PA      | $42505.98      | 0.00%             | 2047-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EZD2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    1000000 | PA      | $966540.00     | 0.00%             | 2027-05-04      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJRQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     896062 | PA      | $851014.23     | 0.00%             | 2032-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAP9<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     566000 | PA      | $474624.96     | 0.00%             | 2045-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAU4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     355000 | PA      | $365625.15     | 0.00%             | 2028-02-09      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Getty Images Inc                                                                 | Getty Images Inc                                                                 | CUSIP: 374276AJ2<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |     170000 | PA      | $168655.30     | 0.00%             | 2027-03-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YAM1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     620000 | PA      | $579898.40     | 0.00%             | 2027-09-11      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400HN6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     100000 | PA      | $76174.00      | 0.00%             | 2052-02-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ITC HOLDINGS CORP                                                                | ITC Holdings Corp                                                                | CUSIP: 465685AQ8<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |      45000 | PA      | $39545.10      | 0.00%             | 2030-05-14      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| DUBAI GOVT INT'L BONDS                                                           | Emirate of Dubai Government International Bonds                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |    1200000 | PA      | $917556.00     | 0.00%             | 2050-09-09      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EBW4<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     470000 | PA      | $419150.70     | 0.00%             | 2026-08-12      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                                                           | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     616000 | PA      | $580826.40     | 0.00%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828Z52<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   18800000 | PA      | $17796843.84   | 0.09%             | 2025-01-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WGB86<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      47291 | PA      | $47943.38      | 0.00%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063BBU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     500000 | PA      | $639099.50     | 0.00%             | 2039-11-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| DUKE UNIVERSITY                                                                  | Duke University                                                                  | CUSIP: 26442TAH0<br>LEI: FY5ICUIRRDCHN4HHL592 | Long             | DBT              | CORP              | US        |     344000 | PA      | $252891.60     | 0.00%             | 2055-10-01      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAE3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    1177000 | PA      | $968894.63     | 0.00%             | 2048-01-09      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAL8<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    1015000 | PA      | $732545.80     | 0.00%             | 2050-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254BZ2<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     895000 | PA      | $797874.60     | 0.00%             | 2027-01-14      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| University of Minnesota                                                          | UNIV OF MINNESOTA MN                                                             | CUSIP: 914460WT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     268000 | PA      | $251427.42     | 0.00%             | 2052-04-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | UNIV OF TEXAS TX                                                                 | CUSIP: 9151375R0<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     155000 | PA      | $159897.69     | 0.00%             | 2046-08-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| WGL HOLDINGS INC                                                                 | WGL Holdings Inc                                                                 | CUSIP: 92924FAB2<br>LEI: 549300FMXG4FL88R7K50 | Long             | DBT              | CORP              | US        |      90000 | PA      | $78326.10      | 0.00%             | 2044-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOB FUND                                                          | Guardian Life Global Funding                                                     | CUSIP: 40139LAF0<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |     190000 | PA      | $185504.60     | 0.00%             | 2024-05-06      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                              | Delta Air Lines Inc                                                              | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     750000 | PA      | $784567.50     | 0.00%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582BE1<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    1252000 | PA      | $1216167.76    | 0.01%             | 2035-05-11      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                                            | Continental Resources Inc/OK                                                     | CUSIP: 212015AU5<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     555000 | PA      | $493117.50     | 0.00%             | 2026-11-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 3130AERV4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    1075000 | PA      | $1048264.75    | 0.01%             | 2025-09-12      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CLEVELAND ELECTRIC ILLUM                                                         | Cleveland Electric Illuminating Co/The                                           | CUSIP: 186108CK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     560000 | PA      | $523941.60     | 0.00%             | 2028-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KKLP2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     791204 | PA      | $698673.58     | 0.00%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KOREA GAS CORP                                                                   | Korea Gas Corp                                                                   | CUSIP: 50066CAL3<br>LEI: 988400TFZILHBD5M3R71 | Long             | DBT              | NUSS              | KR        |     800000 | PA      | $733112.00     | 0.00%             | 2026-07-18      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | Adobe Inc                                                                        | CUSIP: 00724PAD1<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |    1435000 | PA      | $1267535.50    | 0.01%             | 2030-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                                             | Colombia Government International Bond                                           | CUSIP: 195325DP7<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1800000 | PA      | $1595502.00    | 0.01%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YBE4<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    1270000 | PA      | $1077747.40    | 0.01%             | 2031-12-10      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BN9<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     970000 | PA      | $920888.90     | 0.00%             | 2060-03-25      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| KT Corp                                                                          | KT Corp                                                                          | CUSIP: 48268KAE1<br>LEI: 9884005ACF8449EANY26 | Long             | DBT              | CORP              | KR        |     475000 | PA      | $437527.25     | 0.00%             | 2026-07-18      | Fixed         | 2.50%                 | No            |                  2 | On Loan: —       |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967JL6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     897000 | PA      | $880818.12     | 0.00%             | 2025-03-26      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                | CUSIP: 478160CS1<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     741000 | PA      | $503472.45     | 0.00%             | 2050-09-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| STANFORD HEALTH CARE                                                             | Stanford Health Care                                                             | CUSIP: 85434VAB4<br>LEI: 5493005311WCPXQGDG42 | Long             | DBT              | CORP              | US        |      28000 | PA      | $25808.16      | 0.00%             | 2030-08-15      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                                              | Hudbay Minerals Inc                                                              | CUSIP: 443628AH5<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |     285000 | PA      | $262975.20     | 0.00%             | 2029-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| VIASAT INC                                                                       | Viasat Inc                                                                       | CUSIP: 92552VAL4<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |     445000 | PA      | $415336.30     | 0.00%             | 2027-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                                                 | MGM Resorts International                                                        | CUSIP: 552953CD1<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     407000 | PA      | $383495.75     | 0.00%             | 2026-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                                                          | Reliance Industries Ltd                                                          | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |     250000 | PA      | $265545.00     | 0.00%             | 2040-10-19      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Rutgers The State University of New Jersey                                       | RUTGERS NJ ST UNIV                                                               | CUSIP: 783186NH8<br>LEI: 549300BOYDHNW8J60112 | Long             | DBT              | MUN               | US        |     500000 | PA      | $534103.00     | 0.00%             | 2040-05-01      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                         | CUSIP: 25468PDV5<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |     446000 | PA      | $423579.58     | 0.00%             | 2027-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: —       |
| Kingdom of Jordan                                                                | Jordan Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     800000 | PA      | $725816.00     | 0.00%             | 2047-10-10      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MBY1<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     160000 | PA      | $160641.60     | 0.00%             | 2032-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                         | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBH4<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |     640000 | PA      | $539462.40     | 0.00%             | 2045-02-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335ALX4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      66921 | PA      | $68029.77      | 0.00%             | 2042-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2N2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1555000 | PA      | $1462944.00    | 0.01%             | 2026-04-30      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31410LPE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      25729 | PA      | $26591.21      | 0.00%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     867000 | PA      | $1014771.48    | 0.00%             | 2036-07-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| Northwell Healthcare Inc                                                         | Northwell Healthcare Inc                                                         | CUSIP: 667274AA2<br>LEI: 54930073NUTKK4QD3P47 | Long             | DBT              | CORP              | US        |     568000 | PA      | $461602.24     | 0.00%             | 2046-11-01      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| VF CORP                                                                          | VF Corp                                                                          | CUSIP: 918204BB3<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |     211000 | PA      | $196097.07     | 0.00%             | 2027-04-23      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543CG6<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |    1093000 | PA      | $976639.22     | 0.00%             | 2042-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 202712BJ3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     600000 | PA      | $481104.00     | 0.00%             | 2048-01-10      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| SEPCO VIRGIN LTD                                                                 | Sepco Virgin Ltd                                                                 | CUSIP: 000000000<br>LEI: 549300QPKCSVLNE57D29 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $388344.00     | 0.00%             | 2024-10-25      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                      | CUSIP: 85771PAE2<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     127000 | PA      | $118883.43     | 0.00%             | 2041-11-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MANULIFE FINANCIAL CORP                                                          | Manulife Financial Corp                                                          | CUSIP: 56501RAK2<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |     596000 | PA      | $550870.88     | 0.00%             | 2027-05-19      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630CG1<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $387324.00     | 0.00%             | 2025-09-16      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8PJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     106291 | PA      | $103281.88     | 0.00%             | 2048-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SWISS RE FINANCE LUX                                                             | Swiss Re Finance Luxembourg SA                                                   | CUSIP: 000000000<br>LEI: 549300CLQZ6TM98LW631 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $370368.00     | 0.00%             | 2024-09-04      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S                                                                        | Sotheby's                                                                        | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |     510000 | PA      | $493159.80     | 0.00%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PPL CAPITAL FUNDING INC                                                          | PPL Capital Funding Inc                                                          | CUSIP: 69352PAQ6<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |      55000 | PA      | $52927.60      | 0.00%             | 2030-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                                                           | Penn Entertainment Inc                                                           | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     235000 | PA      | $194290.95     | 0.00%             | 2029-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550AL0<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     123000 | PA      | $141173.25     | 0.00%             | 2032-03-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBS3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     205000 | PA      | $152052.60     | 0.00%             | 2042-03-10      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAH3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1500000 | PA      | $1355235.00    | 0.01%             | 2030-04-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| WEST VA HEALTH SYS OBL                                                           | West Virginia United Health System Obligated Group                               | CUSIP: 956708AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      20000 | PA      | $13625.80      | 0.00%             | 2050-06-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                                                           | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAN7<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     405000 | PA      | $397001.25     | 0.00%             | 2028-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WAY4<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     335000 | PA      | $308394.30     | 0.00%             | 2026-10-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAT8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     670000 | PA      | $559094.90     | 0.00%             | 2031-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| JAMES HARDIE INTL FIN                                                            | James Hardie International Finance DAC                                           | CUSIP: 47032FAB5<br>LEI: 635400G32A4Q1LVQ8M88 | Long             | DBT              | CORP              | IE        |     235000 | PA      | $224554.25     | 0.00%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CANADA GOVERNMENT                                                                | Canada Government International Bond                                             | CUSIP: 427028AB1<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     590000 | PA      | $533460.30     | 0.00%             | 2026-05-19      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| HOWARD UNIVERSITY                                                                | Howard University                                                                | CUSIP: 442851BH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     135000 | PA      | $112118.85     | 0.00%             | 2052-10-01      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                                                               | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |     495000 | PA      | $490094.55     | 0.00%             | 2025-06-30      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                       | CUSIP: 278865BE9<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     475000 | PA      | $487226.50     | 0.00%             | 2030-03-24      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                                                               | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |     400000 | PA      | $393748.00     | 0.00%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LG CHEM LTD                                                                      | LG Chem Ltd                                                                      | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $163366.00     | 0.00%             | 2031-07-07      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BANNER HEALTH                                                                    | Banner Health                                                                    | CUSIP: 06654DAD9<br>LEI: PLD0E0WJKFN8IZJ2WD85 | Long             | DBT              | CORP              | US        |     230000 | PA      | $188100.90     | 0.00%             | 2031-01-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                         | CUSIP: 071813CV9<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     375000 | PA      | $257748.75     | 0.00%             | 2051-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Rolls-Royce PLC                                                                  | Rolls-Royce PLC                                                                  | CUSIP: 77578JAB4<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |     770000 | PA      | $718594.80     | 0.00%             | 2025-10-14      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBL8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     445000 | PA      | $377707.10     | 0.00%             | 2031-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                                    | CUSIP: 452252FH7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     180000 | PA      | $205631.10     | 0.00%             | 2034-01-01      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| AXIATA SPV5 LABUAN LTD                                                           | Axiata Spv5 Labuan Ltd                                                           | CUSIP: 000000000<br>LEI: 2549002DHJ9LDV9BRC77 | Long             | DBT              | CORP              | MY        |     600000 | PA      | $432132.00     | 0.00%             | 2050-08-19      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FQ3A9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3000000 | PA      | $2761861.74    | 0.01%             | 2029-09-25      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| CEMIG GERACAO E TRANSM                                                           | Cemig Geracao e Transmissao SA                                                   | CUSIP: 000000000<br>LEI: 529900ZT0AVI5W1VFB58 | Long             | DBT              | CORP              | BR        |     400000 | PA      | $411104.00     | 0.00%             | 2024-12-05      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBK6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    1936000 | PA      | $1624807.36    | 0.01%             | 2033-04-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BG6<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    1763000 | PA      | $1745810.75    | 0.01%             | 2029-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150BB9<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |     460000 | PA      | $449084.20     | 0.00%             | 2028-08-04      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Duke Energy Ohio Inc                                                             | Duke Energy Ohio Inc                                                             | CUSIP: 26442EAG5<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |     425000 | PA      | $368827.75     | 0.00%             | 2049-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Ryder System Inc                                                                 | Ryder System Inc                                                                 | CUSIP: 78355HKL2<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     895000 | PA      | $880617.35     | 0.00%             | 2024-03-18      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| STORE CAPITAL CORP                                                               | STORE Capital Corp                                                               | CUSIP: 862121AC4<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              |  | US        |     425000 | PA      | $330981.50     | 0.00%             | 2030-11-18      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                                                                       | Federal National Mortgage Association                                            | CUSIP: 3135G0V75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |     300000 | PA      | $288513.00     | 0.00%             | 2024-07-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SNB FUNDING LTD                                                                  | SNB Funding Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300PT73WJRNMAKE44 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $384424.00     | 0.00%             | 2024-10-02      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630DB1<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     800000 | PA      | $754896.00     | 0.00%             | 2025-02-18      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3622A26S6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1096279 | PA      | $1054595.23    | 0.01%             | 2048-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MIWD HLDCO II/MIWD FIN                                                           | MIWD Holdco II LLC / MIWD Finance Corp                                           | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     330000 | PA      | $274589.70     | 0.00%             | 2030-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     800000 | PA      | $589248.00     | 0.00%             | 2051-11-17      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WP85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5754039 | PA      | $4690961.70    | 0.02%             | 2051-10-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SOCIALIST REP OF VIETNAM                                                         | Vietnam Government International Bond                                            | CUSIP: 000000000<br>LEI: 5493008AE7RS4XK4BZ08 | Long             | DBT              | NUSS              | VN        |     600000 | PA      | $593394.00     | 0.00%             | 2024-11-19      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3617HP7D0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     119320 | PA      | $117675.68     | 0.00%             | 2048-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 06417XAD3<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    1170000 | PA      | $1062956.70    | 0.01%             | 2027-02-02      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   27600000 | PA      | $23854593.89   | 0.11%             | 2027-10-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JS6<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     100000 | PA      | $97018.00      | 0.00%             | 2025-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AON GLOBAL LTD                                                                   | Aon Global Ltd                                                                   | CUSIP: 00185AAK0<br>LEI: 635400FALWQYX5E6QC64 | Long             | DBT              | CORP              | GB        |     650000 | PA      | $636811.50     | 0.00%             | 2025-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Stanford Health Care                                                             | Stanford Health Care                                                             | CUSIP: 85434VAA6<br>LEI: 5493005311WCPXQGDG42 | Long             | DBT              | CORP              | US        |     725000 | PA      | $619258.75     | 0.00%             | 2048-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| DANA INC                                                                         | Dana Inc                                                                         | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     280000 | PA      | $267201.20     | 0.00%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CN OVERSEAS FIN KY VIII                                                          | China Overseas Finance Cayman VIII Ltd                                           | CUSIP: 000000000<br>LEI: 300300JLMTEWBKJNL662 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $344916.00     | 0.00%             | 2030-03-02      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                                                                   | BorgWarner Inc                                                                   | CUSIP: 099724AL0<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |     648000 | PA      | $596224.80     | 0.00%             | 2027-07-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ELECTRIC POWER                                                         | Wisconsin Electric Power Co                                                      | CUSIP: 976656CN6<br>LEI: AENKIFMULUAWOUU8Q584 | Long             | DBT              | CORP              | US        |     160000 | PA      | $163128.00     | 0.00%             | 2032-09-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                                               | Voya Financial Inc                                                               | CUSIP: 45685EAJ5<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     265000 | PA      | $267869.95     | 0.00%             | 2043-07-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE MUTUAL INSURA                                                         | Nationwide Mutual Insurance Co                                                   | CUSIP: 638671AN7<br>LEI: Z7LVXXWM8HZPKF5T2355 | Long             | DBT              | CORP              | US        |    1445000 | PA      | $1184307.55    | 0.01%             | 2050-04-30      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                                                         | Baylor Scott & White Holdings                                                    | CUSIP: 072863AC7<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |     226000 | PA      | $208026.22     | 0.00%             | 2045-11-15      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWC27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   27005606 | PA      | $23686722.56   | 0.11%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TGT6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     570000 | PA      | $539208.60     | 0.00%             | 2025-02-13      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Belo Corp                                                                        | Belo Corp                                                                        | CUSIP: 080555AF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     315000 | PA      | $299609.10     | 0.00%             | 2027-09-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138W9SE1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     231159 | PA      | $216460.83     | 0.00%             | 2043-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                              | CUSIP: 14149YBD9<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     363000 | PA      | $330133.98     | 0.00%             | 2045-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WASHINGTON UNIVERSITY                                                            | Washington University/The                                                        | CUSIP: 940663AC1<br>LEI: 2V765680J33YAZOYW441 | Long             | DBT              | CORP              | US        |     375000 | PA      | $316500.00     | 0.00%             | 2054-04-15      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                                               | Steel Dynamics Inc                                                               | CUSIP: 858119BN9<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     560000 | PA      | $485570.40     | 0.00%             | 2027-10-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                                                       | Arcosa Inc                                                                       | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |     319000 | PA      | $284854.24     | 0.00%             | 2029-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780DR4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     800000 | PA      | $807456.00     | 0.00%             | 2033-01-11      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BAYCARE HEALTH SYSTEM                                                            | BayCare Health System Inc                                                        | CUSIP: 072722AE1<br>LEI: 1H90SRZU22X0SF1UZR52 | Long             | DBT              | CORP              | US        |     539000 | PA      | $459890.97     | 0.00%             | 2050-11-15      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543DD2<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     255000 | PA      | $197576.55     | 0.00%             | 2050-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Synovus Financial Corp                                                           | Synovus Financial Corp                                                           | CUSIP: 87161CAM7<br>LEI: 549300EIUS8UN5JTLE54 | Long             | DBT              | CORP              | US        |     180000 | PA      | $178284.60     | 0.00%             | 2029-02-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                                                      | Aker BP ASA                                                                      | CUSIP: 55037AAB4<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |     338000 | PA      | $286992.42     | 0.00%             | 2031-07-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                             | CUSIP: 92939UAJ5<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |     920000 | PA      | $941288.80     | 0.00%             | 2027-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Waste Connections Inc                                                            | Waste Connections Inc                                                            | CUSIP: 941053AH3<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     325000 | PA      | $319878.00     | 0.00%             | 2028-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                                                                       | MasTec Inc                                                                       | CUSIP: 576323AP4<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |     620000 | PA      | $574318.40     | 0.00%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SA GLOBAL SUKUK LTD                                                              | SA Global Sukuk Ltd                                                              | CUSIP: 000000000<br>LEI: 5493007DFAVKU7UOGR47 | Long             | DBT              | CORP              | KY        |    1400000 | PA      | $1285802.00    | 0.01%             | 2026-06-17      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| SASOL Financing USA LLC                                                          | Sasol Financing USA LLC                                                          | CUSIP: 80386WAA3<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |     675000 | PA      | $667419.75     | 0.00%             | 2024-03-27      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 59022CAJ2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1892000 | PA      | $2043795.16    | 0.01%             | 2037-01-29      | Fixed         | 6.11%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023AX3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     621000 | PA      | $700121.61     | 0.00%             | 2039-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEE8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     935000 | PA      | $747364.20     | 0.00%             | 2041-05-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BQ6<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     160000 | PA      | $152401.60     | 0.00%             | 2052-08-16      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                                                            | Takeda Pharmaceutical Co Ltd                                                     | CUSIP: 874060AZ9<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    1288000 | PA      | $949462.08     | 0.00%             | 2050-07-09      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| WW GRAINGER INC                                                                  | WW Grainger Inc                                                                  | CUSIP: 384802AE4<br>LEI: 549300TWZSP6O1IH2V34 | Long             | DBT              | CORP              | US        |     465000 | PA      | $441131.55     | 0.00%             | 2025-02-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                                                            | Applied Materials Inc                                                            | CUSIP: 038222AG0<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     496000 | PA      | $563292.32     | 0.00%             | 2041-06-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                                                             | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |     800000 | PA      | $559744.00     | 0.00%             | 2047-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MANULIFE FINANCIAL CORP                                                          | Manulife Financial Corp                                                          | CUSIP: 56501RAN6<br>LEI: 5493007GBX87QOZACS27 | Long             | DBT              | CORP              | CA        |     150000 | PA      | $139234.50     | 0.00%             | 2032-03-16      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF II                                                               | Pacific Life Global Funding II                                                   | CUSIP: 6944PL2H1<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |    1038000 | PA      | $860232.12     | 0.00%             | 2028-09-21      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| CHENIERE CORP CHRISTI HD                                                         | Cheniere Corpus Christi Holdings LLC                                             | CUSIP: 16412XAL9<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |     750000 | PA      | $614752.50     | 0.00%             | 2039-12-31      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | eBay Inc                                                                         | CUSIP: 278642AW3<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     695000 | PA      | $611044.00     | 0.00%             | 2030-03-11      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                        | CUSIP: 413875AT2<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     208000 | PA      | $201036.16     | 0.00%             | 2045-04-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SJV0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      51116 | PA      | $52213.05      | 0.00%             | 2046-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                      | CUSIP: 87612EBF2<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     750000 | PA      | $637462.50     | 0.00%             | 2046-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAR4<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    1000000 | PA      | $963030.00     | 0.00%             | 2026-03-18      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VXX3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    6338632 | PA      | $5517973.65    | 0.03%             | 2050-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SHANGHAI ELC GRP GLB INV                                                         | Shanghai Electric Group Global Investment Ltd                                    | CUSIP: 000000000<br>LEI: 529900Y3SWJ0FFDION78 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $555162.00     | 0.00%             | 2025-02-21      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                       | CUSIP: 278865BM1<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |    1415000 | PA      | $1183067.35    | 0.01%             | 2032-02-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp                                                                 | Black Hills Corp                                                                 | CUSIP: 092113AQ2<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |     315000 | PA      | $293724.90     | 0.00%             | 2033-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| IRIS HOLDINGS INC                                                                | Iris Holdings Inc                                                                | CUSIP: 46272EAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     160000 | PA      | $139390.40     | 0.00%             | 2026-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| JobsOhio Beverage System                                                         | JOBSOHIO BEVERAGE SYS STWD LIQUOR PROFITS REVENUE                                | CUSIP: 47770VBR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     155000 | PA      | $154704.88     | 0.00%             | 2033-01-01      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CV1<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |      10000 | PA      | $8260.30       | 0.00%             | 2031-06-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CRH America Inc                                                                  | CRH America Inc                                                                  | CUSIP: 12626PAM5<br>LEI: 549300RN11MJ182CNF63 | Long             | DBT              | CORP              | US        |    1795000 | PA      | $1746481.15    | 0.01%             | 2025-05-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EN3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     800000 | PA      | $832344.00     | 0.00%             | 2062-09-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBR6<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     340000 | PA      | $332873.60     | 0.00%             | 2028-10-17      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ3J7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     163204 | PA      | $156017.64     | 0.00%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829AY3<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     430000 | PA      | $402725.10     | 0.00%             | 2045-10-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP                                                          | Australia & New Zealand Banking Group Ltd                                        | CUSIP: 052528AL0<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    1969000 | PA      | $1811263.41    | 0.01%             | 2030-07-22      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                                                               | Harbour Energy PLC                                                               | CUSIP: 411618AB7<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |     376000 | PA      | $345938.80     | 0.00%             | 2026-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513EBY6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     153000 | PA      | $172118.88     | 0.00%             | 2027-08-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PDG8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2150000 | PA      | $2149634.50    | 0.01%             | 2028-07-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DS4<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    3595000 | PA      | $2965875.00    | 0.01%             | 2031-01-13      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  124500000 | PA      | $112779492.81  | 0.54%             | 2025-12-31      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3617BKPT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     168168 | PA      | $165850.08     | 0.00%             | 2048-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KONINKIJKE AHOLD DLHAIZE                                                         | Koninklijke Ahold Delhaize NV                                                    | CUSIP: 24668PAE7<br>LEI: 724500C9GNBV20UYRX36 | Long             | DBT              | CORP              | NL        |     330000 | PA      | $345823.50     | 0.00%             | 2040-10-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WBB3<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     621000 | PA      | $550268.10     | 0.00%             | 2048-09-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN                                                         | Jefferson Capital Holdings LLC                                                   | CUSIP: 472481AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     188000 | PA      | $157950.08     | 0.00%             | 2026-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WRZ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4722194 | PA      | $4094911.68    | 0.02%             | 2051-11-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                         | CUSIP: 44106MAV4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     230000 | PA      | $198959.20     | 0.00%             | 2026-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AT1<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     800000 | PA      | $784632.00     | 0.00%             | 2026-04-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FQ1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     426000 | PA      | $381938.82     | 0.00%             | 2058-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EG4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     855000 | PA      | $744303.15     | 0.00%             | 2039-07-24      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                         | Mars Inc                                                                         | CUSIP: 571676AG0<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     465000 | PA      | $406038.00     | 0.00%             | 2054-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AD5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     976000 | PA      | $886861.92     | 0.00%             | 2047-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WBD9<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     459000 | PA      | $320735.43     | 0.00%             | 2051-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558BM4<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    1805000 | PA      | $1713053.30    | 0.01%             | 2027-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| KOREA MIDLAND POWER CO                                                           | Korea Midland Power Co Ltd                                                       | CUSIP: 000000000<br>LEI: 988400Z1HCY1QUPS1W65 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $352612.00     | 0.00%             | 2026-08-09      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MFKU1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     291072 | PA      | $276677.27     | 0.00%             | 2033-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RBF5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     623000 | PA      | $562033.22     | 0.00%             | 2045-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAU6<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |     443000 | PA      | $428199.37     | 0.00%             | 2027-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DC8<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |     389000 | PA      | $370257.98     | 0.00%             | 2027-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 25160PAH0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     900000 | PA      | $803430.00     | 0.00%             | 2028-01-07      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Entergy Arkansas LLC                                                             | Entergy Arkansas LLC                                                             | CUSIP: 29364DAU4<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |     419000 | PA      | $408277.79     | 0.00%             | 2026-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Emera US Finance LP                                                              | Emera US Finance LP                                                              | CUSIP: 29103DAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     830000 | PA      | $787055.80     | 0.00%             | 2026-06-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 28368EAE6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     763000 | PA      | $889284.13     | 0.00%             | 2032-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X8MH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2770620 | PA      | $2451063.16    | 0.01%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCE                                                          | Sumitomo Mitsui Finance & Leasing Co Ltd                                         | CUSIP: 000000000<br>LEI: 5493004ZIDB3D67KKA03 | Long             | DBT              | CORP              | JP        |     600000 | PA      | $567894.00     | 0.00%             | 2025-01-22      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0CE6<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     958000 | PA      | $993091.54     | 0.00%             | 2044-01-24      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                                              | Station Casinos LLC                                                              | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |     370000 | PA      | $311828.60     | 0.00%             | 2031-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GBD3<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     921000 | PA      | $861549.45     | 0.00%             | 2026-08-16      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCU7<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     540000 | PA      | $536333.40     | 0.00%             | 2026-07-24      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| CNAC HK Finbridge Co Ltd                                                         | CNAC HK Finbridge Co Ltd                                                         | CUSIP: 000000000<br>LEI: 549300US1UQ7R7WABI28 | Long             | DBT              | CORP              | HK        |    1200000 | PA      | $1151940.00    | 0.01%             | 2027-07-19      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967ML2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1410000 | PA      | $1213361.40    | 0.01%             | 2031-01-29      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| PERKINELMER INC                                                                  | PerkinElmer Inc                                                                  | CUSIP: 714046AN9<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |     320000 | PA      | $259212.80     | 0.00%             | 2031-09-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GWFR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      12137 | PA      | $11591.57      | 0.00%             | 2047-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QAV2<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |     770000 | PA      | $732316.20     | 0.00%             | 2027-01-16      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| GEORGE WASHINGTON UNIVER                                                         | George Washington University/The                                                 | CUSIP: 372546AW1<br>LEI: 5493002S4P5IVD462L47 | Long             | DBT              | CORP              | US        |     462000 | PA      | $415088.52     | 0.00%             | 2048-09-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FEDERAL REALTY INVS TRST                                                         | Federal Realty Investment Trust                                                  | CUSIP: 313747AV9<br>LEI: 549300LI6XZ51GOCJ427 | Long             | DBT              |  | US        |     311000 | PA      | $263728.00     | 0.00%             | 2044-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HBK0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    1206000 | PA      | $1154986.20    | 0.01%             | 2026-07-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BX6<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     235000 | PA      | $266866.00     | 0.00%             | 2054-11-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TransDigm Inc                                                                    | CUSIP: 893647BK2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    1008000 | PA      | $1028764.80    | 0.00%             | 2025-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINA                                                         | Embraer Netherlands Finance BV                                                   | CUSIP: 29082HAA0<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |     827000 | PA      | $817257.94     | 0.00%             | 2025-06-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                                                         | Sumitomo Mitsui Trust Bank Ltd                                                   | CUSIP: 86563VAW9<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    1285000 | PA      | $1197722.80    | 0.01%             | 2024-09-16      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PAX4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1998000 | PA      | $1949368.68    | 0.01%             | 2029-12-05      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| FERGUSON FINANCE PLC                                                             | Ferguson Finance PLC                                                             | CUSIP: 314890AD6<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $190234.00     | 0.00%             | 2032-04-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DL0<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    1000000 | PA      | $936520.00     | 0.00%             | 2025-01-18      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAY6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    1500000 | PA      | $1431030.00    | 0.01%             | 2028-01-17      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                                                 | ABN AMRO Bank NV                                                                 | CUSIP: 00084DAL4<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    1575000 | PA      | $1537026.75    | 0.01%             | 2026-04-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                                                   | CUSIP: 20772GF45<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |     840000 | PA      | $919053.24     | 0.00%             | 2032-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| AON GLOBAL LTD                                                                   | Aon Global Ltd                                                                   | CUSIP: 00185AAG9<br>LEI: VVT2B79I2Z4U3R6BY589 | Long             | DBT              | CORP              | GB        |     565000 | PA      | $519054.20     | 0.00%             | 2044-06-14      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| PUGET ENERGY INC                                                                 | Puget Energy Inc                                                                 | CUSIP: 745310AN2<br>LEI: SYBSJ96YIDMIUY7WDR33 | Long             | DBT              | CORP              | US        |     275000 | PA      | $251669.00     | 0.00%             | 2032-03-15      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RCG5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      92000 | PA      | $85720.08      | 0.00%             | 2044-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MARATHON PETROLEUM CORP                                                          | Marathon Petroleum Corp                                                          | CUSIP: 56585ABH4<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |     862000 | PA      | $860974.22     | 0.00%             | 2025-05-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QCB6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1700000 | PA      | $1663178.00    | 0.01%             | 2026-08-04      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FIRST REPUBLIC BANK                                                              | First Republic Bank/CA                                                           | CUSIP: 33616CAB6<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | DBT              | CORP              | US        |     625000 | PA      | $495350.00     | 0.00%             | 2046-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CDBL FUNDING TWO                                                                 | CDBL Funding 2                                                                   | CUSIP: 000000000<br>LEI: 549300VM1W749R7UDT24 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $191938.00     | 0.00%             | 2024-03-04      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts LP                                                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAX4<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |     199000 | PA      | $195531.43     | 0.00%             | 2024-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJYE4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       5181 | PA      | $5227.42       | 0.00%             | 2046-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179W5C8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3929835 | PA      | $3610412.19    | 0.02%             | 2052-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OGLETHORPE POWER CORP                                                            | Oglethorpe Power Corp                                                            | CUSIP: 677050AC0<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |     545000 | PA      | $557469.60     | 0.00%             | 2031-01-01      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442UAK0<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     615000 | PA      | $398181.75     | 0.00%             | 2050-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                       | CUSIP: 98978VAP8<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     360000 | PA      | $328856.40     | 0.00%             | 2048-08-20      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FA7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     275000 | PA      | $295655.25     | 0.00%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                                           | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BG5<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     479000 | PA      | $450044.45     | 0.00%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAW3<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |     260000 | PA      | $194789.40     | 0.00%             | 2049-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAF3<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     286000 | PA      | $235829.88     | 0.00%             | 2046-06-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KGGQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2092864 | PA      | $1988896.00    | 0.01%             | 2049-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                     | CUSIP: 863667AE1<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     529000 | PA      | $462488.83     | 0.00%             | 2043-04-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8RJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     338949 | PA      | $327618.52     | 0.00%             | 2032-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Tucson Electric Power Co                                                         | Tucson Electric Power Co                                                         | CUSIP: 898813AP5<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |      25000 | PA      | $24123.50      | 0.00%             | 2025-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ABU DHABI NATIONAL ENERG                                                         | Abu Dhabi National Energy Co PJSC                                                | CUSIP: 000000000<br>LEI: 213800UNJSVQFNUYYW03 | Long             | DBT              | CORP              | AE        |     800000 | PA      | $716464.00     | 0.00%             | 2028-04-29      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD                                                         | Alimentation Couche-Tard Inc                                                     | CUSIP: 01626PAQ9<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |     430000 | PA      | $309458.10     | 0.00%             | 2051-05-13      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ZIONS BANCORP NA                                                                 | Zions Bancorp NA                                                                 | CUSIP: 98971DAB6<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |     395000 | PA      | $335287.85     | 0.00%             | 2029-10-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BW5<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    1227000 | PA      | $1343000.58    | 0.01%             | 2050-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                                                  | Oklahoma Gas and Electric Co                                                     | CUSIP: 678858BX8<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |     300000 | PA      | $313668.00     | 0.00%             | 2033-01-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 084659AR2<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     545000 | PA      | $505618.30     | 0.00%             | 2049-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YBX6<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    3533000 | PA      | $3281627.05    | 0.02%             | 2029-11-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAE5<br>LEI: N/A                  | Long             | DBT              |  | US        |     900000 | PA      | $810729.00     | 0.00%             | 2030-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CE6<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $883020.00     | 0.00%             | 2029-11-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1780000 | PA      | $1521864.40    | 0.01%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KASIKORNBANK PCL HK                                                              | Kasikornbank PCL/Hong Kong                                                       | CUSIP: 000000000<br>LEI: 5493004COSQ54937AW41 | Long             | DBT              | CORP              | TH        |     600000 | PA      | $539586.00     | 0.00%             | 2031-10-02      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6BH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5189016 | PA      | $4611664.03    | 0.02%             | 2037-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PCA8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     371000 | PA      | $338359.42     | 0.00%             | 2042-10-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FN8<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     535000 | PA      | $446751.75     | 0.00%             | 2057-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust                                              | Toyota Auto Receivables 2021-B Owner Trust                                       | CUSIP: 89190GAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1100000 | PA      | $1011209.25    | 0.00%             | 2026-10-15      | Fixed         | 0.53%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 26444HAL5<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     490000 | PA      | $355940.90     | 0.00%             | 2051-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KONTOOR BRANDS INC                                                               | Kontoor Brands Inc                                                               | CUSIP: 50050NAA1<br>LEI: 549300M0CPXV65RFF271 | Long             | DBT              | CORP              | US        |     256000 | PA      | $221145.60     | 0.00%             | 2029-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Republic of Senegal                                                              | Senegal Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |     800000 | PA      | $693680.00     | 0.00%             | 2033-05-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468R3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     735000 | PA      | $681977.10     | 0.00%             | 2025-10-21      | Fixed         | 0.86%                 | No            |                  2 | On Loan: No      |
| JIC ZHIXIN LTD                                                                   | JIC Zhixin Ltd                                                                   | CUSIP: 000000000<br>LEI: 635400KSR4PKISBWRJ22 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $503184.00     | 0.00%             | 2030-08-27      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                                                | General Motors Co                                                                | CUSIP: 37045VAU4<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     744000 | PA      | $790998.48     | 0.00%             | 2027-10-01      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                                                              | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     600000 | PA      | $501072.00     | 0.00%             | 2029-03-24      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | Altice France SA/France                                                          | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    1289000 | PA      | $1208076.58    | 0.01%             | 2027-02-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                                                            | Camden Property Trust                                                            | CUSIP: 133131AZ5<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |     822000 | PA      | $738361.50     | 0.00%             | 2030-05-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| KOREA HYDRO & NUCLEAR PO                                                         | Korea Hydro & Nuclear Power Co Ltd                                               | CUSIP: 000000000<br>LEI: 9884008CRY5MLCN8OQ43 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $186902.00     | 0.00%             | 2027-07-25      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 341099CH0<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     413000 | PA      | $473004.77     | 0.00%             | 2037-09-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                             | CUSIP: 92939UAK2<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |     750000 | PA      | $751665.00     | 0.00%             | 2026-01-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                     | CUSIP: 615369AQ8<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     460000 | PA      | $440753.60     | 0.00%             | 2048-12-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WY93<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    7746847 | PA      | $6911590.61    | 0.03%             | 2052-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL                                                          | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: 000000000<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |     440000 | PA      | $352286.00     | 0.00%             | 2029-07-03      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCR5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2510000 | PA      | $2084504.80    | 0.01%             | 2032-11-08      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAD5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     998000 | PA      | $951343.50     | 0.00%             | 2027-01-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FEUA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1927006 | PA      | $1892394.52    | 0.01%             | 2025-01-25      | Variable      | 3.59%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDM5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     150000 | PA      | $140239.50     | 0.00%             | 2024-10-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Ovintiv Inc                                                                      | Ovintiv Inc                                                                      | CUSIP: 292505AE4<br>LEI: CZ72ZHBVKZXQRV3XFE26 | Long             | DBT              | CORP              | US        |     378000 | PA      | $399852.18     | 0.00%             | 2037-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| API GROUP DE INC                                                                 | APi Group DE Inc                                                                 | CUSIP: 001877AA7<br>LEI: 549300XP4G7B4QYA0G83 | Long             | DBT              | CORP              | US        |     230000 | PA      | $199000.60     | 0.00%             | 2029-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| CLEARWATER PAPER CORP                                                            | Clearwater Paper Corp                                                            | CUSIP: 18538RAJ2<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |     265000 | PA      | $236658.25     | 0.00%             | 2028-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ANZ NEW ZEALAND INTL/LDN                                                         | ANZ New Zealand Int'l Ltd/London                                                 | CUSIP: 00182EBK4<br>LEI: 213800VD256NU2D97H12 | Long             | DBT              | CORP              | NZ        |     789000 | PA      | $775642.23     | 0.00%             | 2024-03-19      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DD9<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    1440000 | PA      | $1241582.40    | 0.01%             | 2028-03-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GVM3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2056000 | PA      | $2036385.76    | 0.01%             | 2024-03-03      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LP                                                                 | ERP Operating LP                                                                 | CUSIP: 26884ABM4<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     231000 | PA      | $201046.23     | 0.00%             | 2030-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BPY6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     116271 | PA      | $108144.36     | 0.00%             | 2047-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP                                                                | Toyota Motor Corp                                                                | CUSIP: 892331AL3<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |     475000 | PA      | $453791.25     | 0.00%             | 2024-03-25      | Fixed         | 0.68%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EAW9<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |      30000 | PA      | $29039.40      | 0.00%             | 2025-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HUNTSMAN INTERNATIONAL L                                                         | Huntsman International LLC                                                       | CUSIP: 44701QBE1<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |     739000 | PA      | $692790.33     | 0.00%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38148YAA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2362000 | PA      | $2095070.38    | 0.01%             | 2038-10-31      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| LIGADO NETWORKS LLC                                                              | Ligado Networks LLC                                                              | CUSIP: 53225HAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     350918 | PA      | $42075.07      | 0.00%             | 2024-05-01      | Fixed         | 17.50%                | No            |                  2 | On Loan: No      |
| Navient Corp                                                                     | Navient Corp                                                                     | CUSIP: 78442FET1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     630000 | PA      | $628588.80     | 0.00%             | 2024-03-25      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                                                              | Braskem Netherlands Finance BV                                                   | CUSIP: N15516AD4<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    1200000 | PA      | $1057728.00    | 0.01%             | 2030-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                                                             | Kyndryl Holdings Inc                                                             | CUSIP: 50155QAM2<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |     655000 | PA      | $426653.90     | 0.00%             | 2041-10-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTNTL 21                                                           | CK Hutchison International 21 Ltd                                                | CUSIP: 12565WAC5<br>LEI: 254900E16YL0NL5TFN79 | Long             | DBT              | CORP              | KY        |      60000 | PA      | $46270.20      | 0.00%             | 2041-04-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SAMMONS FINANCIAL GROUP                                                          | Sammons Financial Group Inc                                                      | CUSIP: 79588TAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     950000 | PA      | $831202.50     | 0.00%             | 2032-04-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHEVRON PHILLIPS CHEM CO                                                         | Chevron Phillips Chemical Co LLC / Chevron Phillips Chemical Co LP               | CUSIP: 166754AW1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     280000 | PA      | $282436.00     | 0.00%             | 2025-04-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                                                             | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |     416000 | PA      | $361924.16     | 0.00%             | 2029-06-30      | Variable      | 9.00%                 | No            |                  2 | On Loan: —       |
| CARGILL INC                                                                      | Cargill Inc                                                                      | CUSIP: 141781BW3<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |     200000 | PA      | $192616.00     | 0.00%             | 2032-06-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                                          | DCP Midstream Operating LP                                                       | CUSIP: 23311RAA4<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     545000 | PA      | $600704.45     | 0.00%             | 2037-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AIR LIQUIDE FINANCE                                                              | Air Liquide Finance SA                                                           | CUSIP: 00913RAF3<br>LEI: 549300YGXL5Z3R14K812 | Long             | DBT              | CORP              | FR        |    1015000 | PA      | $882755.65     | 0.00%             | 2029-09-10      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RKE1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     700000 | PA      | $513674.00     | 0.00%             | 2052-02-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST GEN FUND ANNUAL APPROP REVENUE                                      | CUSIP: 977100GH3<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     250000 | PA      | $239371.25     | 0.00%             | 2027-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP                                                                 | HF Sinclair Corp                                                                 | CUSIP: 403949AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     535000 | PA      | $485582.05     | 0.00%             | 2030-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBP9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     585000 | PA      | $476780.85     | 0.00%             | 2082-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| APPLIED MATERIALS INC                                                            | Applied Materials Inc                                                            | CUSIP: 038222AN5<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     685000 | PA      | $575591.80     | 0.00%             | 2030-06-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                                                | General Mills Inc                                                                | CUSIP: 370334BT0<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     288000 | PA      | $284057.28     | 0.00%             | 2024-02-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PRICOA GLOBAL FUNDING 1                                                          | Pricoa Global Funding I                                                          | CUSIP: 74153WCP2<br>LEI: 635400IBXEBMD9ADYA79 | Long             | DBT              | CORP              | US        |     660000 | PA      | $589155.60     | 0.00%             | 2026-09-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| SIMMONS FOOD INC/SIMMONS                                                         | Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed   | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     555000 | PA      | $470945.25     | 0.00%             | 2029-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT                                                          | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAB8<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |     630000 | PA      | $616536.90     | 0.00%             | 2024-07-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAV9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     527000 | PA      | $465372.62     | 0.00%             | 2026-10-15      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638DA7<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     455000 | PA      | $393524.95     | 0.00%             | 2030-06-20      | Fixed         | 2.84%                 | No            |                  2 | On Loan: —       |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                   | CUSIP: 958254AD6<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     450000 | PA      | $395752.50     | 0.00%             | 2044-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                               | CUSIP: 207597EG6<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     295000 | PA      | $270588.75     | 0.00%             | 2044-04-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA                                                         | Cooperatieve Rabobank UA                                                         | CUSIP: 000000000<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $387068.00     | 0.00%             | 2029-04-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC                                                          | O'Reilly Automotive Inc                                                          | CUSIP: 67103HAK3<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |     440000 | PA      | $353412.40     | 0.00%             | 2031-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HJU5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     778000 | PA      | $778396.78     | 0.00%             | 2044-02-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GGV5<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     175000 | PA      | $167835.50     | 0.00%             | 2024-01-07      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| CMB INTERNATIONAL LEASIN                                                         | CMB International Leasing Management Ltd                                         | CUSIP: 000000000<br>LEI: 5493003RO1EBM4E5IG13 | Long             | DBT              | CORP              | HK        |     600000 | PA      | $542562.00     | 0.00%             | 2026-02-04      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 19-1AA PTT                                                          | American Airlines 2019-1 Class AA Pass Through Trust                             | CUSIP: 02377LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     103731 | PA      | $88061.81      | 0.00%             | 2032-02-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                      | Equifax Inc                                                                      | CUSIP: 294429AR6<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |     843000 | PA      | $791501.13     | 0.00%             | 2025-12-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748AZ5<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     453000 | PA      | $444302.40     | 0.00%             | 2026-03-14      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                                                          | El Salvador Government International Bond                                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     750000 | PA      | $394725.00     | 0.00%             | 2052-07-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RKA9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    1784000 | PA      | $1371949.52    | 0.01%             | 2051-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967JC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     768000 | PA      | $755128.32     | 0.00%             | 2026-11-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DUBAI DOF SUKUK LTD                                                              | Dubai DOF Sukuk Ltd                                                              | CUSIP: 000000000<br>LEI: 549300FL2U4Z16IJI576 | Long             | DBT              | NUSS              | KY        |     900000 | PA      | $824517.00     | 0.00%             | 2030-09-09      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| ESCROW RCN CORP                                                                  | ESCROW RCN CORP                                                                  | CUSIP: 749ESCAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      50000 | PA      | $0.00          | 0.00%             | 2023-04-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HBC2<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     330000 | PA      | $274569.90     | 0.00%             | 2031-10-12      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANNER HEALTH                                                                    | Banner Health                                                                    | CUSIP: 06654DAC1<br>LEI: PLD0E0WJKFN8IZJ2WD85 | Long             | DBT              | CORP              | US        |     265000 | PA      | $197059.30     | 0.00%             | 2050-01-01      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| KEN GARFF AUTOMOTIVE LLC                                                         | Ken Garff Automotive LLC                                                         | CUSIP: 48850PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     290000 | PA      | $249684.20     | 0.00%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FQ7<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     421000 | PA      | $363428.25     | 0.00%             | 2031-04-23      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                | CUSIP: 25179MBD4<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     622000 | PA      | $626105.20     | 0.00%             | 2027-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525BP7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     861000 | PA      | $691512.15     | 0.00%             | 2032-05-20      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                         | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAF4<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     288000 | PA      | $279616.32     | 0.00%             | 2026-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FL6P4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2000000 | PA      | $1948981.14    | 0.01%             | 2029-01-25      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                                                               | Realty Income Corp                                                               | CUSIP: 756109AU8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     265000 | PA      | $254426.50     | 0.00%             | 2028-01-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044DK4<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     393000 | PA      | $361831.17     | 0.00%             | 2048-01-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAB8<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     595000 | PA      | $570997.70     | 0.00%             | 2026-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DM8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1865000 | PA      | $1971267.70    | 0.01%             | 2037-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555DE1<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     200000 | PA      | $219130.00     | 0.00%             | 2032-12-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                                           | Match Group Holdings II LLC                                                      | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     360000 | PA      | $330987.60     | 0.00%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| Republic of Panama                                                               | Panama Government International Bond                                             | CUSIP: 698299AD6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     865000 | PA      | $1008745.70    | 0.00%             | 2027-09-30      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr                                | GM Financial Consumer Automobile Receivables Trust 2023-1                        | CUSIP: 38013JAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1170000 | PA      | $1176538.32    | 0.01%             | 2028-07-17      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833CU2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1692000 | PA      | $1656484.92    | 0.01%             | 2024-05-11      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400FW8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     265000 | PA      | $219475.65     | 0.00%             | 2043-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HBC2<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     400000 | PA      | $406632.00     | 0.00%             | 2029-07-06      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582BF8<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    1464000 | PA      | $1382469.84    | 0.01%             | 2045-05-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                          | CUSIP: 404119BU2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1563000 | PA      | $1536725.97    | 0.01%             | 2027-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                | CUSIP: 04010LAY9<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    1107000 | PA      | $1042163.01    | 0.00%             | 2025-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109BS9<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     409000 | PA      | $369956.86     | 0.00%             | 2082-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Lebanese Republic                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     832000 | PA      | $54096.64      | 0.00%             | 2027-11-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OmGrid Funding Ltd                                                               | OmGrid Funding Ltd                                                               | CUSIP: 000000000<br>LEI: 549300L1HIVZ83RMAP18 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $195870.00     | 0.00%             | 2027-05-16      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ARABIAN CENTRES SUKUK II                                                         | Arabian Centres Sukuk II Ltd                                                     | CUSIP: 000000000<br>LEI: 549300X92PKHJD8UYG94 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $569832.00     | 0.00%             | 2026-10-07      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448EV6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     300000 | PA      | $273852.00     | 0.00%             | 2060-03-19      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QAQ8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     569000 | PA      | $624130.41     | 0.00%             | 2036-12-14      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66                                                                      | CUSIP: 718546AV6<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |     995000 | PA      | $979338.70     | 0.00%             | 2025-04-09      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                          | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1276000 | PA      | $1278258.52    | 0.01%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAU7<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | DBT              | CORP              | US        |     595000 | PA      | $523451.25     | 0.00%             | 2047-06-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                                           | Roper Technologies Inc                                                           | CUSIP: 776743AF3<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     878000 | PA      | $868807.34     | 0.00%             | 2028-09-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CE2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     405000 | PA      | $389601.90     | 0.00%             | 2028-04-19      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Corning Inc                                                                      | Corning Inc                                                                      | CUSIP: 219350BK0<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     115000 | PA      | $115497.95     | 0.00%             | 2048-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| OMNICOM GROUP INC                                                                | Omnicom Group Inc                                                                | CUSIP: 681919BB1<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |     485000 | PA      | $415640.15     | 0.00%             | 2030-04-30      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| MT SINAI HOSPITAL                                                                | Mount Sinai Hospitals Group Inc                                                  | CUSIP: 623115AD4<br>LEI: 549300IJEDK5LH7YPT15 | Long             | DBT              | CORP              | US        |     328000 | PA      | $276700.80     | 0.00%             | 2048-07-01      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AR2<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     670000 | PA      | $634724.50     | 0.00%             | 2032-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                         | CUSIP: 64972FT63<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |     525000 | PA      | $587322.23     | 0.00%             | 2043-06-15      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                                                         | Petrobras Global Finance BV                                                      | CUSIP: 71645WAS0<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     500000 | PA      | $474080.00     | 0.00%             | 2041-01-27      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                                                     | SK Hynix Inc                                                                     | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |     800000 | PA      | $606232.00     | 0.00%             | 2031-01-19      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DANAHER CORP                                                                     | Danaher Corp                                                                     | CUSIP: 235851AV4<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |     712000 | PA      | $491336.96     | 0.00%             | 2050-10-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                          | Bayer US Finance II LLC                                                          | CUSIP: 07274NAQ6<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |     470000 | PA      | $431455.30     | 0.00%             | 2048-06-25      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DJ6<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     345000 | PA      | $306366.90     | 0.00%             | 2028-03-05      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                             | ERAC USA Finance LLC                                                             | CUSIP: 26884TAN2<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     271000 | PA      | $242534.16     | 0.00%             | 2045-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | Freeport-McMoRan Inc                                                             | CUSIP: 35671DCG8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     581000 | PA      | $555162.93     | 0.00%             | 2028-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                                      | PNC Bank NA                                                                      | CUSIP: 69353RFG8<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     685000 | PA      | $654147.60     | 0.00%             | 2027-10-25      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| INDIANA UNIV HEALTH INC                                                          | Indiana University Health Inc Obligated Group                                    | CUSIP: 455170AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $173802.50     | 0.00%             | 2051-11-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| SAUDI ELEC GLB SUKUK                                                             | Saudi Electricity Global Sukuk Co 5                                              | CUSIP: 000000000<br>LEI: 549300WDKWTRF2HVF283 | Long             | DBT              | CORP              | KY        |    1400000 | PA      | $1233246.00    | 0.01%             | 2030-09-17      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| MARS INC                                                                         | Mars Inc                                                                         | CUSIP: 571676AQ8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     670000 | PA      | $430307.50     | 0.00%             | 2050-07-16      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CM2<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     300000 | PA      | $289302.00     | 0.00%             | 2025-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543DG5<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     400000 | PA      | $440888.00     | 0.00%             | 2033-03-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TQP3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     180659 | PA      | $173789.54     | 0.00%             | 2048-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FUNDING LLC                                                           | NXP BV / NXP Funding LLC                                                         | CUSIP: 62947QBC1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     602000 | PA      | $620144.28     | 0.00%             | 2028-12-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WEK5<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     200000 | PA      | $188082.00     | 0.00%             | 2025-01-14      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AK7<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |      90000 | PA      | $87456.60      | 0.00%             | 2028-09-26      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| GRAY TELEVISION INC                                                              | Gray Television Inc                                                              | CUSIP: 389375AL0<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     555000 | PA      | $414457.35     | 0.00%             | 2030-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RKH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    1747000 | PA      | $1427368.88    | 0.01%             | 2032-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 084659AV3<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     720000 | PA      | $687297.60     | 0.00%             | 2030-07-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Metropolitan Edison Co                                                           | Metropolitan Edison Co                                                           | CUSIP: 591894CC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     400000 | PA      | $385432.00     | 0.00%             | 2029-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JJ7<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    1225000 | PA      | $825503.00     | 0.00%             | 2050-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                             | Cleveland-Cliffs Inc                                                             | CUSIP: 18683KAC5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     185000 | PA      | $168638.60     | 0.00%             | 2040-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| RADIATE HOLDCO / FINANCE                                                         | Radiate Holdco LLC / Radiate Finance Inc                                         | CUSIP: 75026JAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     743000 | PA      | $386724.07     | 0.00%             | 2028-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                                                      | Truist Bank                                                                      | CUSIP: 89788JAA7<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     872000 | PA      | $817831.36     | 0.00%             | 2025-03-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAL4<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     565000 | PA      | $539767.10     | 0.00%             | 2024-03-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                      | CUSIP: 931142ES8<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     420000 | PA      | $369188.40     | 0.00%             | 2028-09-22      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828Y79<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   10000000 | PA      | $9736718.80    | 0.05%             | 2025-07-31      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                                               | Province of Quebec Canada                                                        | CUSIP: 748149AR2<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |     155000 | PA      | $133143.45     | 0.00%             | 2031-04-21      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| SMITHFIELD FOODS INC                                                             | Smithfield Foods Inc                                                             | CUSIP: 832248BC1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |     623000 | PA      | $491079.75     | 0.00%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WARBA SUKUK LTD                                                                  | Warba Sukuk Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300BY1IZV1E6BKJ60 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $193364.00     | 0.00%             | 2024-09-24      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DMRV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   12733007 | PA      | $11766584.31   | 0.06%             | 2050-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                                                      | Chemours Co/The                                                                  | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     397000 | PA      | $331570.43     | 0.00%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                         | Mars Inc                                                                         | CUSIP: 571676AC9<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     602000 | PA      | $549469.48     | 0.00%             | 2034-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ4T4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     109368 | PA      | $111817.46     | 0.00%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                     | CUSIP: 053332BD3<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |    1050000 | PA      | $1044603.00    | 0.01%             | 2033-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HARMAN INTL IND                                                                  | Harman International Industries Inc                                              | CUSIP: 413086AH2<br>LEI: 1VWDHRIRERCQ5D5M5681 | Long             | DBT              | CORP              | US        |      60000 | PA      | $59044.20      | 0.00%             | 2025-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FXGM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     362029 | PA      | $339008.93     | 0.00%             | 2047-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A2L4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     226000 | PA      | $213502.20     | 0.00%             | 2025-01-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044DQ1<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     555000 | PA      | $444166.50     | 0.00%             | 2031-01-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |    2100000 | PA      | $1826937.00    | 0.01%             | 2031-01-08      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ELECT GLOBAL INV LTD                                                             | Elect Global Investments Ltd                                                     | CUSIP: 000000000<br>LEI: 254900MGJD77N8VPNK65 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $381344.00     | 0.00%             | 2025-06-03      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GT5V8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     121078 | PA      | $119237.20     | 0.00%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SWISS RE FINANCE LUX                                                             | Swiss Re Finance Luxembourg SA                                                   | CUSIP: 87089NAA8<br>LEI: 549300CLQZ6TM98LW631 | Long             | DBT              | CORP              | LU        |     520000 | PA      | $504400.00     | 0.00%             | 2049-04-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                                         | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     270000 | PA      | $271779.30     | 0.00%             | 2025-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NIKE Inc                                                                         | NIKE Inc                                                                         | CUSIP: 654106AG8<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |     535000 | PA      | $445917.15     | 0.00%             | 2046-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Federal National Mortgage Association                                            | CUSIP: 31359MEU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |     650000 | PA      | $742053.00     | 0.00%             | 2029-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BK9<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | DBT              | CORP              | US        |     911000 | PA      | $865040.05     | 0.00%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                                                         | National Australia Bank Ltd/New York                                             | CUSIP: 63254ABG2<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |     250000 | PA      | $252482.50     | 0.00%             | 2024-11-22      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                | CUSIP: 020002BG5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     465000 | PA      | $391269.60     | 0.00%             | 2049-08-10      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Korea Gas Corp                                                                   | Korea Gas Corp                                                                   | CUSIP: 50066CAJ8<br>LEI: 988400TFZILHBD5M3R71 | Long             | DBT              | NUSS              | KR        |     625000 | PA      | $603625.00     | 0.00%             | 2025-07-21      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RAT9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    1310000 | PA      | $1285896.00    | 0.01%             | 2024-03-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AJ8<br>LEI: 2549005PXW31DRW8EC44 | Long             | DBT              | CORP              | US        |     838000 | PA      | $831689.86     | 0.00%             | 2025-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WESTERN & SOUTHERN LIFE                                                          | Western & Southern Life Insurance Co/The                                         | CUSIP: 95765PAA7<br>LEI: IN763J7JWIZ46OJ1T526 | Long             | DBT              | CORP              | US        |     210000 | PA      | $201711.30     | 0.00%             | 2049-01-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LEL9<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     720000 | PA      | $684446.40     | 0.00%             | 2024-04-12      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAC4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     695000 | PA      | $677208.00     | 0.00%             | 2026-03-09      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                           | GE HealthCare Technologies Inc                                                   | CUSIP: 36267VAC7<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    1545000 | PA      | $1570569.75    | 0.01%             | 2025-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X4DF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     189951 | PA      | $181411.41     | 0.00%             | 2048-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                         | KLA Corp                                                                         | CUSIP: 482480AL4<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |     430000 | PA      | $436802.60     | 0.00%             | 2032-07-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                                                       | Sprint LLC                                                                       | CUSIP: 85207UAJ4<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $1063868.00    | 0.01%             | 2025-02-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CTR PARTNERSHIP/CARETRST                                                         | CTR Partnership LP / CareTrust Capital Corp                                      | CUSIP: 126458AE8<br>LEI: N/A                  | Long             | DBT              |  | US        |     235000 | PA      | $210282.70     | 0.00%             | 2028-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BANK OF EAST ASIA LTD                                                            | Bank of East Asia Ltd/The                                                        | CUSIP: 000000000<br>LEI: CO6GC26LCGGRTUESIP55 | Long             | DBT              | CORP              | HK        |     250000 | PA      | $235532.50     | 0.00%             | 2032-04-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| APOLLO MANAGEMENT HOLDIN                                                         | Apollo Management Holdings LP                                                    | CUSIP: 03765HAE1<br>LEI: 5493006XQW0V5K38YM64 | Long             | DBT              | CORP              | US        |     346000 | PA      | $297054.84     | 0.00%             | 2050-01-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                                                          | Japan International Cooperation Agency                                           | CUSIP: 47109LAC8<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |      65000 | PA      | $62257.00      | 0.00%             | 2028-06-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Verscend Escrow Corp                                                             | Verscend Escrow Corp                                                             | CUSIP: 92535WAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     660000 | PA      | $662950.20     | 0.00%             | 2026-08-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| HOLCIM FINANCE US LLC                                                            | Holcim Finance US LLC                                                            | CUSIP: 50587KAB7<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |     245000 | PA      | $209945.40     | 0.00%             | 2046-09-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   24680000 | PA      | $23328384.50   | 0.11%             | 2029-07-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LBA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     791000 | PA      | $762713.84     | 0.00%             | 2027-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| Mauser Packaging Solut                                                           | Mauser Packaging Solutions Holding Co                                            | CUSIP: 12429TAD6<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    1024000 | PA      | $1023057.92    | 0.00%             | 2024-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QL5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3500000 | PA      | $3775078.13    | 0.02%             | 2040-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                  | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |      84000 | PA      | $73629.36      | 0.00%             | 2051-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DF2<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    1770000 | PA      | $1734387.60    | 0.01%             | 2024-01-16      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 26138EAY5<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     600000 | PA      | $538476.00     | 0.00%             | 2046-12-15      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| ADAMS HOMES INC                                                                  | Adams Homes Inc                                                                  | CUSIP: 00623PAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     120000 | PA      | $103528.80     | 0.00%             | 2025-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| LXP INDUSTRIAL TRUST                                                             | LXP Industrial Trust                                                             | CUSIP: 529537AA0<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              |  | US        |      15000 | PA      | $11810.70      | 0.00%             | 2031-10-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| LENOVO GROUP LTD                                                                 | Lenovo Group Ltd                                                                 | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | DBT              | CORP              | HK        |    1200000 | PA      | $1024584.00    | 0.00%             | 2030-11-02      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BB4<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     808000 | PA      | $742358.08     | 0.00%             | 2042-12-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABY2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     690000 | PA      | $644943.00     | 0.00%             | 2024-09-17      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AN1<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    1116000 | PA      | $1002726.00    | 0.00%             | 2025-10-01      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A2R1<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     550000 | PA      | $446825.50     | 0.00%             | 2030-11-19      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CNPC GLOBAL CAPITAL                                                              | CNPC Global Capital Ltd                                                          | CUSIP: 000000000<br>LEI: 254900BS1UPERUNF4860 | Long             | DBT              | CORP              | VG        |    1200000 | PA      | $1027248.00    | 0.00%             | 2030-06-23      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Nucor Corp                                                                       | Nucor Corp                                                                       | CUSIP: 670346AP0<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |     495000 | PA      | $481951.80     | 0.00%             | 2028-05-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                                                           | Orbia Advance Corp SAB de CV                                                     | CUSIP: 000000000<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $486708.00     | 0.00%             | 2031-05-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                                                | Iliad Holding SASU                                                               | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |     590000 | PA      | $553968.70     | 0.00%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDA1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     910000 | PA      | $817016.20     | 0.00%             | 2027-08-20      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| QATAR ENERGY                                                                     | QatarEnergy                                                                      | CUSIP: 000000000<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |    1200000 | PA      | $1081548.00    | 0.01%             | 2026-09-12      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VAG8<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     195000 | PA      | $215888.40     | 0.00%             | 2039-10-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Staples Inc                                                                      | Staples Inc                                                                      | CUSIP: 855030AP7<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |     700000 | PA      | $530327.00     | 0.00%             | 2027-04-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                                                  | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $205052.00     | 0.00%             | 2027-06-05      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                              | CUSIP: 03027XAG5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     521000 | PA      | $509496.32     | 0.00%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KOC Holding AS                                                                   | KOC Holding AS                                                                   | CUSIP: 000000000<br>LEI: 7890005U0H950VH19H45 | Long             | DBT              | CORP              | TR        |     600000 | PA      | $592608.00     | 0.00%             | 2025-03-11      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66                                                                      | CUSIP: 718546AY0<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |     538000 | PA      | $515829.02     | 0.00%             | 2024-02-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                       | CUSIP: 695114CW6<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |      54000 | PA      | $48133.44      | 0.00%             | 2030-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150BA1<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |     600000 | PA      | $594864.00     | 0.00%             | 2033-05-17      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442UAB0<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     294000 | PA      | $261642.36     | 0.00%             | 2045-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WDDB7<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       1246 | PA      | $1256.71       | 0.00%             | 2046-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $117816.00     | 0.00%             | 2030-10-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                     | CUSIP: 02079KAJ6<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    1260000 | PA      | $1095796.80    | 0.01%             | 2027-08-15      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                                                          | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 654740BT5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |     865000 | PA      | $730380.05     | 0.00%             | 2028-03-09      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                              | Synchrony Financial                                                              | CUSIP: 87165BAN3<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     905000 | PA      | $894800.65     | 0.00%             | 2024-03-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL BANK OF AZ                                                         | International Bank of Azerbaijan OJSC                                            | CUSIP: 000000000<br>LEI: 549300Y3ZQ0BCCDJGI40 | Long             | DBT              | CORP              | AZ        |     750000 | PA      | $720015.00     | 0.00%             | 2024-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200GS4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     335000 | PA      | $358654.35     | 0.00%             | 2039-11-30      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RDF6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     355000 | PA      | $376637.25     | 0.00%             | 2040-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DP1<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $395504.00     | 0.00%             | 2024-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                                                              | Ashtead Capital Inc                                                              | CUSIP: 045054AN3<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |     606000 | PA      | $532989.12     | 0.00%             | 2026-08-12      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| TELENET FINANCE LUX NOTE                                                         | Telenet Finance Luxembourg Notes Sarl                                            | CUSIP: 000000000<br>LEI: 2138007RI9GLJPCC3E25 | Long             | DBT              | CORP              | LU        |     600000 | PA      | $557412.00     | 0.00%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                                                              | General Electric Co                                                              | CUSIP: 369604BY8<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |      70000 | PA      | $61923.40      | 0.00%             | 2050-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PBK3<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     695000 | PA      | $686597.45     | 0.00%             | 2027-05-09      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 26138EAS8<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     360000 | PA      | $348667.20     | 0.00%             | 2025-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL BANK OF KOREA                                                         | Industrial Bank of Korea                                                         | CUSIP: 45604HAH0<br>LEI: 988400RBIWE3YA18PK12 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $182440.00     | 0.00%             | 2025-06-22      | Fixed         | 1.04%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967LU3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     612000 | PA      | $536748.48     | 0.00%             | 2039-01-24      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BANCO INTERNAC DEL PERU                                                          | Banco Internacional del Peru SAA Interbank                                       | CUSIP: 000000000<br>LEI: 5493001TRCGXJLRLHN14 | Long             | DBT              | CORP              | PE        |     250000 | PA      | $233092.50     | 0.00%             | 2026-10-04      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KPMB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5180956 | PA      | $5004567.91    | 0.02%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GSN73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      21214 | PA      | $21666.44      | 0.00%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CYZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      75230 | PA      | $75008.79      | 0.00%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FALABELLA SA                                                                     | Falabella SA                                                                     | CUSIP: 000000000<br>LEI: 5493004CKJQ7H391LM41 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $162822.00     | 0.00%             | 2032-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Bed Bath & Beyond Inc                                                            | Bed Bath & Beyond Inc                                                            | CUSIP: 075896AA8<br>LEI: 529900ZBUWWUV7BKGX39 | Long             | DBT              | CORP              | US        |     150000 | PA      | $8335.50       | 0.00%             | 2024-08-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                                                              | Ashtead Capital Inc                                                              | CUSIP: 045054AQ6<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |     600000 | PA      | $602268.00     | 0.00%             | 2033-05-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Duke Energy Ohio Inc                                                             | Duke Energy Ohio Inc                                                             | CUSIP: 26442EAE0<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |     175000 | PA      | $137779.25     | 0.00%             | 2046-06-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 96950FAP9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     333000 | PA      | $306226.80     | 0.00%             | 2045-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                                                        | ORIX Corp                                                                        | CUSIP: 686330AN1<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     720000 | PA      | $592012.80     | 0.00%             | 2031-03-09      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                     | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    1950000 | PA      | $1717131.00    | 0.01%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBD5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     313000 | PA      | $269427.27     | 0.00%             | 2047-09-30      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UUL4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     888746 | PA      | $893811.41     | 0.00%             | 2049-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XBQ8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     922000 | PA      | $888660.48     | 0.00%             | 2026-10-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| QNB Finansbank AS/Turkey                                                         | QNB Finansbank AS                                                                | CUSIP: 000000000<br>LEI: 789000Q21SW842S9IJ58 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $405296.00     | 0.00%             | 2024-09-07      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PPL Capital Funding Inc                                                          | PPL Capital Funding Inc                                                          | CUSIP: 69352PAL7<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |     448000 | PA      | $424959.36     | 0.00%             | 2026-05-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 86765BAP4<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |     170000 | PA      | $155884.90     | 0.00%             | 2044-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SK BATTERY AMERICA INC                                                           | SK Battery America Inc                                                           | CUSIP: 000000000<br>LEI: 54930012FBFVNU7RWO57 | Long             | DBT              | CORP              | US        |     600000 | PA      | $525108.00     | 0.00%             | 2026-01-26      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DE6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     545000 | PA      | $534650.45     | 0.00%             | 2025-12-09      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| Brown-Forman Corp                                                                | Brown-Forman Corp                                                                | CUSIP: 115637AP5<br>LEI: 549300873K3LXF7ARU34 | Long             | DBT              | CORP              | US        |     136000 | PA      | $132521.12     | 0.00%             | 2045-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VIASAT INC                                                                       | Viasat Inc                                                                       | CUSIP: 92552VAK6<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |     480000 | PA      | $451262.40     | 0.00%             | 2025-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                             | ERAC USA Finance LLC                                                             | CUSIP: 26884TAL6<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     480000 | PA      | $467097.60     | 0.00%             | 2024-11-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WAB6<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     300000 | PA      | $329463.00     | 0.00%             | 2032-11-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    1650000 | PA      | $1584049.50    | 0.01%             | 2024-12-03      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Grupo Bimbo SAB de CV                                                            | Grupo Bimbo SAB de CV                                                            | CUSIP: 000000000<br>LEI: 5493000RIXURZEBFEV60 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $182770.00     | 0.00%             | 2044-06-27      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EMPRESA NACIONAL DEL PET                                                         | Empresa Nacional del Petroleo                                                    | CUSIP: 000000000<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $195774.00     | 0.00%             | 2024-10-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GS CALTEX CORP                                                                   | GS Caltex Corp                                                                   | CUSIP: 000000000<br>LEI: 988400KLBPXB4WMBUX18 | Long             | DBT              | CORP              | KR        |     600000 | PA      | $544920.00     | 0.00%             | 2025-07-27      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PCQ3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     930000 | PA      | $939253.50     | 0.00%             | 2035-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| JDE PEET'S NV                                                                    | JDE Peet's NV                                                                    | CUSIP: 47216QAB9<br>LEI: 724500EHG519SE5ZRT89 | Long             | DBT              | CORP              | NL        |     665000 | PA      | $576448.60     | 0.00%             | 2027-01-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                                                          | Consolidated Energy Finance SA                                                   | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |     420000 | PA      | $366151.80     | 0.00%             | 2028-10-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 168863DT2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    1800000 | PA      | $1473624.00    | 0.01%             | 2033-07-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGXX0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7028351 | PA      | $6407869.41    | 0.03%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CB3<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     120000 | PA      | $135058.80     | 0.00%             | 2036-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TOPAZ SOLAR FARMS LLC                                                            | Topaz Solar Farms LLC                                                            | CUSIP: 89054XAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     398084 | PA      | $381985.48     | 0.00%             | 2039-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL Environmental Inc                                                            | CUSIP: 36168QAL8<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     690000 | PA      | $612499.20     | 0.00%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTL INC                                                           | Choice Hotels International Inc                                                  | CUSIP: 169905AG1<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |     515000 | PA      | $456722.60     | 0.00%             | 2031-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GSPG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   22783920 | PA      | $21759651.74   | 0.10%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                         | Electricite de France SA                                                         | CUSIP: 268317AC8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    1024000 | PA      | $1125601.28    | 0.01%             | 2039-01-26      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AT6<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     748000 | PA      | $707316.28     | 0.00%             | 2029-08-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| TOTAL PLAY TELECOM                                                               | Total Play Telecomunicaciones SA de CV                                           | CUSIP: 000000000<br>LEI: 4469000001BSAPAMOQ06 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $338108.00     | 0.00%             | 2028-09-20      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                                           | Fairfax Financial Holdings Ltd                                                   | CUSIP: 303901BK7<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |      50000 | PA      | $48705.00      | 0.00%             | 2032-08-16      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FM4<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     980000 | PA      | $949551.40     | 0.00%             | 2025-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556BZ4<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    1308000 | PA      | $1183674.60    | 0.01%             | 2029-10-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                                                | General Mills Inc                                                                | CUSIP: 370334CG7<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     982000 | PA      | $970765.92     | 0.00%             | 2028-04-17      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ALLINA HEALTH SYSTEM                                                             | Allina Health System                                                             | CUSIP: 01959LAE2<br>LEI: 5493001V00JCD7SQ0G44 | Long             | DBT              | CORP              | US        |     110000 | PA      | $75351.10      | 0.00%             | 2051-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| UDR Inc                                                                          | UDR Inc                                                                          | CUSIP: 90265EAP5<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |     483000 | PA      | $466462.08     | 0.00%             | 2029-01-26      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                                                               | Alcon Finance Corp                                                               | CUSIP: 01400EAF0<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |     225000 | PA      | $242730.00     | 0.00%             | 2052-12-06      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GEELY FINANCE HK LTD                                                             | Geely Finance Hong Kong Ltd                                                      | CUSIP: 000000000<br>LEI: 254900NA82QGYW26UQ06 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $185922.00     | 0.00%             | 2025-03-05      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR                                                           | Blackstone Mortgage Trust Inc                                                    | CUSIP: 09257WAD2<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              |  | US        |     315000 | PA      | $277943.40     | 0.00%             | 2027-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                  | CUSIP: 98388MAB3<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |     395000 | PA      | $355515.80     | 0.00%             | 2027-03-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8K93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     392172 | PA      | $379112.57     | 0.00%             | 2033-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                          | Bayer US Finance II LLC                                                          | CUSIP: 07274NAL7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |    1277000 | PA      | $1241052.45    | 0.01%             | 2028-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FAY7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     105000 | PA      | $102958.80     | 0.00%             | 2024-10-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                              | CUSIP: 002824BN9<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |     860000 | PA      | $878361.00     | 0.00%             | 2043-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | Newell Brands Inc                                                                | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     300000 | PA      | $304131.00     | 0.00%             | 2029-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| MURPHY OIL CORP                                                                  | Murphy Oil Corp                                                                  | CUSIP: 626717AN2<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |     285000 | PA      | $282987.90     | 0.00%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SHANGHAI PUDONG LONDON                                                           | Shanghai Pudong Development Bank Co Ltd/London                                   | CUSIP: 000000000<br>LEI: 894500MD4AQ96RDND980 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $387584.00     | 0.00%             | 2025-07-14      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WAQ3<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    1126000 | PA      | $1211789.94    | 0.01%             | 2037-02-27      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| SHINHAN CARD CO LTD                                                              | Shinhan Card Co Ltd                                                              | CUSIP: 000000000<br>LEI: 988400VPS0FMK2WR8F98 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $358156.00     | 0.00%             | 2025-10-19      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCA1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     918000 | PA      | $907782.66     | 0.00%             | 2024-01-29      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| LIKEWIZE CORP                                                                    | Likewize Corp                                                                    | CUSIP: 10947XAA0<br>LEI: TF9O1XIG83ZLXX7WN472 | Long             | DBT              | CORP              | US        |     245000 | PA      | $231353.50     | 0.00%             | 2025-10-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAD8<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    1309000 | PA      | $1246207.27    | 0.01%             | 2026-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE 2019                                                             | Huarong Finance 2019 Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300M6T6OW4AGYHK10 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $325864.00     | 0.00%             | 2029-11-13      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBV6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1760780.00    | 0.01%             | 2030-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA                                                                 | Beazer Homes USA Inc                                                             | CUSIP: 07556QBR5<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |     235000 | PA      | $212054.60     | 0.00%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                                                          | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AN9<br>LEI: N/A                  | Long             | DBT              |  | US        |     497000 | PA      | $479967.81     | 0.00%             | 2024-09-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| INFOR INC                                                                        | Infor Inc                                                                        | CUSIP: 45674CAA1<br>LEI: 549300Q3IIYBYI4RHD64 | Long             | DBT              | CORP              | US        |    1160000 | PA      | $1054904.00    | 0.01%             | 2025-07-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1325000 | PA      | $1210215.25    | 0.01%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                   | CUSIP: 693304AY3<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     250000 | PA      | $175852.50     | 0.00%             | 2050-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                           | CUSIP: 776743AJ5<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     542000 | PA      | $451659.44     | 0.00%             | 2030-06-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RCU4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     450000 | PA      | $466582.50     | 0.00%             | 2047-02-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     600000 | PA      | $595824.00     | 0.00%             | 2025-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CARGO AIRCRAFT MANAGEMEN                                                         | Cargo Aircraft Management Inc                                                    | CUSIP: 14180LAA4<br>LEI: 549300GH5J7LOMV44F11 | Long             | DBT              | CORP              | US        |     385000 | PA      | $348317.20     | 0.00%             | 2028-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CDP FINANCIAL INC                                                                | CDP Financial Inc                                                                | CUSIP: 125094AU6<br>LEI: 549300OXMGVYFCBFV096 | Long             | DBT              | NUSS              | CA        |     325000 | PA      | $299487.50     | 0.00%             | 2025-06-10      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571903AW3<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     140000 | PA      | $136707.20     | 0.00%             | 2025-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048CM8<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    4860000 | PA      | $4099361.40    | 0.02%             | 2031-04-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG                                                         | Banco Bilbao Vizcaya Argentaria SA                                               | CUSIP: 05946KAJ0<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    2265000 | PA      | $2054558.85    | 0.01%             | 2025-09-18      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                                               | Steel Dynamics Inc                                                               | CUSIP: 858119BM1<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     445000 | PA      | $401238.70     | 0.00%             | 2031-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                                           | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     965000 | PA      | $832360.75     | 0.00%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967NL1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     540000 | PA      | $519858.00     | 0.00%             | 2026-03-17      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| CHINA HUADIAN OVERSEAS                                                           | China Huadian Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 254900VYKHYMLL9E9T73 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $957760.00     | 0.00%             | 2025-06-23      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                            | Uber Technologies Inc                                                            | CUSIP: 90353TAE0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     758000 | PA      | $769362.42     | 0.00%             | 2027-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132KFWH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     190482 | PA      | $181081.90     | 0.00%             | 2032-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BY3<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     715000 | PA      | $483018.25     | 0.00%             | 2050-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                         | Visa Inc                                                                         | CUSIP: 92826CAH5<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     596000 | PA      | $564692.12     | 0.00%             | 2027-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS INC                                                           | Chubb INA Holdings Inc                                                           | CUSIP: 171239AG1<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     754000 | PA      | $610830.48     | 0.00%             | 2030-09-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                     | CUSIP: 646139X83<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |    1435000 | PA      | $1824273.89    | 0.01%             | 2041-01-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                                                          | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    1760000 | PA      | $1519883.20    | 0.01%             | 2026-09-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Wyeth LLC                                                                        | Wyeth LLC                                                                        | CUSIP: 983024AN0<br>LEI: 549300Q9GR3WRH4N4836 | Long             | DBT              | CORP              | US        |    1756000 | PA      | $1991848.36    | 0.01%             | 2037-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468C6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1769000 | PA      | $1741350.53    | 0.01%             | 2025-07-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                                                           | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AD2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |     640000 | PA      | $601612.80     | 0.00%             | 2024-12-13      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| BLOSSOM JOY LTD                                                                  | Blossom Joy Ltd                                                                  | CUSIP: 000000000<br>LEI: 300300LGCJ91O86HIU38 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $378088.00     | 0.00%             | 2025-07-21      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                     | Navient Corp                                                                     | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     465000 | PA      | $424740.30     | 0.00%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WFG8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   22767577 | PA      | $20409783.95   | 0.10%             | 2051-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A2V2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |      15000 | PA      | $13066.80      | 0.00%             | 2028-03-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UDL0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     325000 | PA      | $269808.50     | 0.00%             | 2031-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                            | CUSIP: 904764AY3<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |     105000 | PA      | $99976.80      | 0.00%             | 2027-05-05      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                                                        | TEGNA Inc                                                                        | CUSIP: 87901JAF2<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |     390000 | PA      | $378881.10     | 0.00%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CF Industries Inc                                                                | CF Industries Inc                                                                | CUSIP: 12527GAE3<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |     595000 | PA      | $570807.30     | 0.00%             | 2044-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                                                         | British Telecommunications PLC                                                   | CUSIP: 11102AAF8<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |     350000 | PA      | $312238.50     | 0.00%             | 2081-11-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    1200000 | PA      | $1090296.00    | 0.01%             | 2026-10-26      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7RS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     389597 | PA      | $395900.33     | 0.00%             | 2047-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WR34<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   21377988 | PA      | $19722251.69   | 0.09%             | 2051-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HOSPITAL CORP                                                         | Children's Hospital Corp/The                                                     | CUSIP: 16876BAA0<br>LEI: 549300NXFO6BISJLOS32 | Long             | DBT              | CORP              | US        |      90000 | PA      | $81266.40      | 0.00%             | 2047-01-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DY0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     850000 | PA      | $691696.00     | 0.00%             | 2030-10-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE INC                                                            | Helmerich & Payne Inc                                                            | CUSIP: 423452AG6<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |     350000 | PA      | $295554.00     | 0.00%             | 2031-09-29      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TGU3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     217000 | PA      | $189380.24     | 0.00%             | 2030-02-13      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138EQLB6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       7557 | PA      | $7718.29       | 0.00%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61744YAR9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     560000 | PA      | $529575.20     | 0.00%             | 2039-04-22      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                                                                        | Mosaic Co/The                                                                    | CUSIP: 61945CAB9<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |     325000 | PA      | $296640.50     | 0.00%             | 2041-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                                                         | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAC0<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |    1055000 | PA      | $821444.10     | 0.00%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| KeyCorp                                                                          | KeyCorp                                                                          | CUSIP: 49326EEH2<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |     558000 | PA      | $553502.52     | 0.00%             | 2025-10-29      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                                                               | Regal Rexnord Corp                                                               | CUSIP: 758750AF0<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |      45000 | PA      | $46082.70      | 0.00%             | 2033-04-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QHP33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8723934 | PA      | $8177378.83    | 0.04%             | 2036-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                       | CUSIP: 670346AW5<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |     200000 | PA      | $168218.00     | 0.00%             | 2052-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| COCA-COLA FEMSA SAB CV                                                           | Coca-Cola Femsa SAB de CV                                                        | CUSIP: 191241AJ7<br>LEI: 5493008KEVFYPMGTXO33 | Long             | DBT              | CORP              | MX        |    1630000 | PA      | $1297936.40    | 0.01%             | 2032-09-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HP1<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     655000 | PA      | $609936.00     | 0.00%             | 2049-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DIB SUKUK LTD                                                                    | DIB Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300U3ZMUHC2JQLL56 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $728656.00     | 0.00%             | 2026-06-22      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 21-1B PTT                                                           | American Airlines 2021-1 Class B Pass Through Trust                              | CUSIP: 02376LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     138475 | PA      | $117057.07     | 0.00%             | 2030-07-11      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YAV7<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     423000 | PA      | $390437.46     | 0.00%             | 2039-03-07      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF POLAND                                                               | Republic of Poland Government International Bond                                 | CUSIP: 857524AE2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    1100000 | PA      | $1193489.00    | 0.01%             | 2032-11-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAV4<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |     720000 | PA      | $686296.80     | 0.00%             | 2024-12-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| KOREA GAS CORP                                                                   | Korea Gas Corp                                                                   | CUSIP: 50066CAQ2<br>LEI: 988400TFZILHBD5M3R71 | Long             | DBT              | NUSS              | KR        |     600000 | PA      | $528978.00     | 0.00%             | 2026-07-13      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| MEG ENERGY CORP                                                                  | MEG Energy Corp                                                                  | CUSIP: 552704AE8<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |     730000 | PA      | $748921.60     | 0.00%             | 2027-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ELASTIC NV                                                                       | Elastic NV                                                                       | CUSIP: 28415LAA1<br>LEI: 2549003I48WHHH937I59 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $342704.00     | 0.00%             | 2029-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| GSK CONSUMER HEALTHCARE                                                          | GSK Consumer Healthcare Capital US LLC                                           | CUSIP: 36264FAL5<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |    1050000 | PA      | $968478.00     | 0.00%             | 2029-03-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HJF8<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     890000 | PA      | $887917.40     | 0.00%             | 2028-07-22      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DZX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   21868608 | PA      | $19969730.53   | 0.10%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DH9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1350000 | PA      | $1346598.00    | 0.01%             | 2033-08-11      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                                                            | Healthpeak Properties Inc                                                        | CUSIP: 42250PAA1<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     585000 | PA      | $519778.35     | 0.00%             | 2030-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PPG INDUSTRIES INC                                                               | PPG Industries Inc                                                               | CUSIP: 693506BS5<br>LEI: 549300BKPEP01R3V6C59 | Long             | DBT              | CORP              | US        |      20000 | PA      | $17313.00      | 0.00%             | 2030-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS                                                           | BBVA Bancomer SA/Texas                                                           | CUSIP: 000000000<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |     406000 | PA      | $401692.34     | 0.00%             | 2024-04-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EZ59<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     420000 | PA      | $409512.60     | 0.00%             | 2025-04-14      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNSM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   28164982 | PA      | $27206089.57   | 0.13%             | 2052-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     600000 | PA      | $606132.00     | 0.00%             | 2047-01-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FMTT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     720000 | PA      | $646331.43     | 0.00%             | 2034-04-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400EB5<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     419000 | PA      | $445241.97     | 0.00%             | 2029-04-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAR5<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     680000 | PA      | $660864.80     | 0.00%             | 2027-03-26      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LP                                                                 | ERP Operating LP                                                                 | CUSIP: 26884ABN2<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     280000 | PA      | $226990.40     | 0.00%             | 2031-08-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    1235000 | PA      | $1069794.05    | 0.01%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DQ8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1180000 | PA      | $965594.00     | 0.00%             | 2030-11-13      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| OWL ROCK TECHNOLOGY FINA                                                         | Owl Rock Technology Finance Corp                                                 | CUSIP: 691205AC2<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |     904000 | PA      | $831273.20     | 0.00%             | 2025-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 92553PAU6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     822000 | PA      | $732369.12     | 0.00%             | 2043-09-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                          | UDR Inc                                                                          | CUSIP: 90265EAS9<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     110000 | PA      | $90163.70      | 0.00%             | 2034-11-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| University of Michigan                                                           | UNIV OF MICHIGAN MI                                                              | CUSIP: 914455UK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     119000 | PA      | $100475.39     | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                               | Banco Santander SA                                                               | CUSIP: 05964HAF2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     902000 | PA      | $849007.50     | 0.00%             | 2028-02-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GLA5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1870000 | PA      | $1865493.30    | 0.01%             | 2026-07-22      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| DELHI INTL AIRPORT                                                               | Delhi International Airport Ltd                                                  | CUSIP: 000000000<br>LEI: 335800HBF5DARYMEUD12 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $378104.00     | 0.00%             | 2029-06-04      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                               | CUSIP: 832696AT5<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     275000 | PA      | $207792.75     | 0.00%             | 2050-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WDD0<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     426000 | PA      | $409428.60     | 0.00%             | 2024-09-10      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                                         | Uruguay Government International Bond                                            | CUSIP: 760942BE1<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     600000 | PA      | $664806.00     | 0.00%             | 2034-10-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| Wells Fargo Bank NA                                                              | Wells Fargo Bank NA                                                              | CUSIP: 92976GAG6<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | CORP              | US        |     585000 | PA      | $628705.35     | 0.00%             | 2037-02-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KL7K7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1966521 | PA      | $1668014.37    | 0.01%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd                                                               | Macquarie Bank Ltd                                                               | CUSIP: 55608PAW4<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |     484000 | PA      | $475946.24     | 0.00%             | 2026-01-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| OHIOHEALTH CORP                                                                  | OhioHealth Corp                                                                  | CUSIP: 67777JAK4<br>LEI: JGYGIL4QGKKPZU7C1D18 | Long             | DBT              | CORP              | US        |     325000 | PA      | $248599.00     | 0.00%             | 2050-11-15      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                                                                         | Ziggo BV                                                                         | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |     635000 | PA      | $553942.25     | 0.00%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                                                         | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     340000 | PA      | $264458.80     | 0.00%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     350000 | PA      | $367587.50     | 0.00%             | 2030-03-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| NIKE INC                                                                         | NIKE Inc                                                                         | CUSIP: 654106AH6<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |     315000 | PA      | $304812.90     | 0.00%             | 2025-03-27      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                                               | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    1409000 | PA      | $274578.88     | 0.00%             | 2035-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC                                                           | Marvell Technology Inc                                                           | CUSIP: 573874AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     449000 | PA      | $404405.32     | 0.00%             | 2026-04-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY PART LP/FIN CO                                                         | NGL Energy Partners LP / NGL Energy Finance Corp                                 | CUSIP: 62913TAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     245000 | PA      | $209269.20     | 0.00%             | 2026-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| MOSS CREEK RESOURCES HLD                                                         | Moss Creek Resources Holdings Inc                                                | CUSIP: 61965RAB1<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |     405000 | PA      | $393396.75     | 0.00%             | 2027-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| ATI INC                                                                          | ATI Inc                                                                          | CUSIP: 01741RAH5<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     273000 | PA      | $264067.44     | 0.00%             | 2027-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWYG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4649784 | PA      | $4465700.78    | 0.02%             | 2037-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                            | CUSIP: 369550BL1<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     855000 | PA      | $830777.85     | 0.00%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YBG9<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     685000 | PA      | $477177.85     | 0.00%             | 2061-12-10      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corp                                                             | Southern Copper Corp                                                             | CUSIP: 84265VAA3<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |     540000 | PA      | $644517.00     | 0.00%             | 2035-07-27      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                     | CUSIP: 65473QBF9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     817000 | PA      | $735087.58     | 0.00%             | 2047-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CGD7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   50000000 | PA      | $50001953.00   | 0.24%             | 2024-12-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CMB INTERNATIONAL LEASIN                                                         | CMB International Leasing Management Ltd                                         | CUSIP: 000000000<br>LEI: 5493003RO1EBM4E5IG13 | Long             | DBT              | CORP              | HK        |    1000000 | PA      | $934600.00     | 0.00%             | 2024-09-16      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286BD8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     670000 | PA      | $754815.30     | 0.00%             | 2032-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CLP POWER HK FINANCING                                                           | CLP Power Hong Kong Financing Ltd                                                | CUSIP: 000000000<br>LEI: 254900SBJOP9O3YV1271 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $500898.00     | 0.00%             | 2030-06-30      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 68323AFC3<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    1592000 | PA      | $1565286.24    | 0.01%             | 2024-01-29      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PUB SVC NEW HAMP                                                                 | Public Service Co of New Hampshire                                               | CUSIP: 744482BP4<br>LEI: 549300SHPFALUPKK2351 | Long             | DBT              | CORP              | US        |     395000 | PA      | $417842.85     | 0.00%             | 2053-01-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                       | CUSIP: 842434CQ3<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     690000 | PA      | $647689.20     | 0.00%             | 2026-06-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                 | CUSIP: 78355HKQ1<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     740000 | PA      | $734916.20     | 0.00%             | 2025-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SODEXO INC                                                                       | Sodexo Inc                                                                       | CUSIP: 833794AB6<br>LEI: 549300WSZGQGJQXRFU84 | Long             | DBT              | CORP              | US        |     210000 | PA      | $174636.00     | 0.00%             | 2031-04-16      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| Murphy Oil Corp                                                                  | Murphy Oil Corp                                                                  | CUSIP: 626717AG7<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |     250000 | PA      | $205010.00     | 0.00%             | 2042-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAK1<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     135000 | PA      | $133411.05     | 0.00%             | 2024-03-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CR5<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     950000 | PA      | $733856.00     | 0.00%             | 2050-02-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133A9HE8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5524212 | PA      | $4685745.22    | 0.02%             | 2050-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                                                              | Quanta Services Inc                                                              | CUSIP: 74762EAJ1<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |     400000 | PA      | $284444.00     | 0.00%             | 2041-10-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| FIRST-CITIZENS BANK/TRST                                                         | First-Citizens Bank & Trust Co                                                   | CUSIP: 125581GX0<br>LEI: N8O96ZZJQRFYQUJY7K79 | Long             | DBT              | CORP              | US        |     355000 | PA      | $370928.85     | 0.00%             | 2028-03-09      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153AW2<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     356000 | PA      | $280663.28     | 0.00%             | 2028-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VDY7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    2142000 | PA      | $2114796.60    | 0.01%             | 2027-03-16      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    2200000 | PA      | $1806068.00    | 0.01%             | 2033-02-02      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                         | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBL5<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |     343000 | PA      | $335248.20     | 0.00%             | 2026-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SUMMIT DIGITEL INFRASTR                                                          | Summit Digitel Infrastructure Ltd                                                | CUSIP: 000000000<br>LEI: 3358004TNI1SSIQ9BQ37 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $159472.00     | 0.00%             | 2031-08-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179W2T4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   10718797 | PA      | $9264772.14    | 0.04%             | 2052-04-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER                                                           | Indiana Michigan Power Co                                                        | CUSIP: 454889AQ9<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |     381000 | PA      | $343006.68     | 0.00%             | 2046-03-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| State of Israel                                                                  | Israel Government International Bond                                             | CUSIP: 46513CXR2<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     600000 | PA      | $576006.00     | 0.00%             | 2026-03-16      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PRIMO WATER HOLDINGS INC                                                         | Primo Water Holdings Inc                                                         | CUSIP: 74168LAA4<br>LEI: 9845008F9A5F2E1D4832 | Long             | DBT              | CORP              | US        |     535000 | PA      | $467434.85     | 0.00%             | 2029-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                                      | Vistra Operations Co LLC                                                         | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     960000 | PA      | $902976.00     | 0.00%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BY4<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     355000 | PA      | $415875.40     | 0.00%             | 2063-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| RAYMOND JAMES FINANCIAL                                                          | Raymond James Financial Inc                                                      | CUSIP: 754730AG4<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |     352000 | PA      | $350401.92     | 0.00%             | 2030-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SLOVENIA                                                             | Slovenia Government International Bond                                           | CUSIP: 831594AG1<br>LEI: 485100000LWQHIX4XX88 | Long             | DBT              | NUSS              | SI        |     400000 | PA      | $399824.00     | 0.00%             | 2024-02-18      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                                                         | FirstEnergy Transmission LLC                                                     | CUSIP: 33767BAD1<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     310000 | PA      | $278624.90     | 0.00%             | 2028-09-15      | Fixed         | 2.87%                 | No            |                  2 | On Loan: —       |
| AUTONATION INC                                                                   | AutoNation Inc                                                                   | CUSIP: 05329WAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     666000 | PA      | $625873.50     | 0.00%             | 2030-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLHK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     521182 | PA      | $457024.99     | 0.00%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VAQ6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     572000 | PA      | $638020.24     | 0.00%             | 2040-09-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NZ4<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     210000 | PA      | $201610.50     | 0.00%             | 2032-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                              | CUSIP: 20268JAG8<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     480000 | PA      | $384763.20     | 0.00%             | 2050-10-01      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                              | CUSIP: 210518DQ6<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     125000 | PA      | $114145.00     | 0.00%             | 2052-09-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                                                          | AMC Entertainment Holdings Inc                                                   | CUSIP: 00165CAP9<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |     930000 | PA      | $468394.50     | 0.00%             | 2026-06-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBQ7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1835000 | PA      | $1455393.55    | 0.01%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AR9<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    1735000 | PA      | $1718864.50    | 0.01%             | 2025-08-05      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | Mineral Resources Ltd                                                            | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     410000 | PA      | $424661.60     | 0.00%             | 2030-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NEDER WATERSCHAPSBANK                                                            | Nederlandse Waterschapsbank NV                                                   | CUSIP: 639832AG9<br>LEI: JLP5FSPH9WPSHY3NIM24 | Long             | DBT              | NUSS              | NL        |    1466000 | PA      | $1394297.94    | 0.01%             | 2025-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBP0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1990000 | PA      | $1719280.40    | 0.01%             | 2031-05-13      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153AG7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     320000 | PA      | $298044.80     | 0.00%             | 2027-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GUACOLDA ENERGIA SA                                                              | Guacolda Energia SA                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |     200000 | PA      | $70720.00      | 0.00%             | 2025-04-30      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2020-1 A PTT                                                          | United Airlines 2020-1 Class A Pass Through Trust                                | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     830741 | PA      | $839065.23     | 0.00%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFY2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   48600000 | PA      | $49496062.50   | 0.24%             | 2029-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CF9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     400000 | PA      | $389516.00     | 0.00%             | 2026-04-17      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAZ7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     300000 | PA      | $227322.00     | 0.00%             | 2049-08-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                                   | Air Lease Corp                                                                   | CUSIP: 00912XAV6<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     513000 | PA      | $482517.54     | 0.00%             | 2027-04-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448EL8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     875000 | PA      | $796013.75     | 0.00%             | 2029-07-29      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QBP4<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    1978000 | PA      | $1414408.46    | 0.01%             | 2051-06-04      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650CW8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     187000 | PA      | $185541.40     | 0.00%             | 2025-03-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044DC2<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    1005000 | PA      | $974297.25     | 0.00%             | 2026-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                                                   | Wynn Macau Ltd                                                                   | CUSIP: 98313RAG1<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |     861000 | PA      | $804871.41     | 0.00%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHINA MODERN DAIRY HOLDI                                                         | China Modern Dairy Holdings Ltd                                                  | CUSIP: 000000000<br>LEI: 549300TAELI2JXTKK009 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $515988.00     | 0.00%             | 2026-07-14      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| COX COMMUNICATIONS INC                                                           | Cox Communications Inc                                                           | CUSIP: 224044CN5<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     500000 | PA      | $415095.00     | 0.00%             | 2031-06-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 00946AAF1<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |     200000 | PA      | $158092.00     | 0.00%             | 2062-01-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MHSX8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19032542 | PA      | $16675046.91   | 0.08%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                                                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CAW9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    2015000 | PA      | $2014657.45    | 0.01%             | 2025-10-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EW4<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     713000 | PA      | $661977.72     | 0.00%             | 2048-09-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NS0<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     215000 | PA      | $203005.15     | 0.00%             | 2029-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     600000 | PA      | $495120.00     | 0.00%             | 2051-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                                                         | Agilent Technologies Inc                                                         | CUSIP: 00846UAM3<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |     170000 | PA      | $142383.50     | 0.00%             | 2030-06-04      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                                         | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     735000 | PA      | $598069.50     | 0.00%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| BOSTON GAS COMPANY                                                               | Boston Gas Co                                                                    | CUSIP: 100743AM5<br>LEI: FN7P4E7K9JOBORDEUX61 | Long             | DBT              | CORP              | US        |     130000 | PA      | $118423.50     | 0.00%             | 2032-03-16      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                               | Cenovus Energy Inc                                                               | CUSIP: 448055AD5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     485000 | PA      | $525696.35     | 0.00%             | 2037-09-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RJD2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     964358 | PA      | $901475.34     | 0.00%             | 2045-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DC9<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    2201000 | PA      | $2128256.95    | 0.01%             | 2028-09-18      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BANIJAY ENTERTAINMENT                                                            | Banijay Entertainment SASU                                                       | CUSIP: 060335AA4<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |     250000 | PA      | $241177.50     | 0.00%             | 2025-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                                 | CUSIP: 57582RG34<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |      70000 | PA      | $52881.01      | 0.00%             | 2041-07-01      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                              | CUSIP: 025816CY3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    1210000 | PA      | $1192321.90    | 0.01%             | 2025-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | Equitable Holdings Inc                                                           | CUSIP: 054561AM7<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |     597000 | PA      | $563693.37     | 0.00%             | 2048-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC                                                         | Agilent Technologies Inc                                                         | CUSIP: 00846UAN1<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |     570000 | PA      | $478657.50     | 0.00%             | 2031-03-12      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578AAV0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    1003000 | PA      | $940091.84     | 0.00%             | 2025-01-14      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     615000 | PA      | $617890.50     | 0.00%             | 2044-04-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AW9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     620000 | PA      | $494753.80     | 0.00%             | 2032-05-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                            | Vale Overseas Ltd                                                                | CUSIP: 91911TAH6<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    1588000 | PA      | $1749213.76    | 0.01%             | 2036-11-21      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDCS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4537539 | PA      | $3855090.19    | 0.02%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc                                                           | Brookfield Finance Inc                                                           | CUSIP: 11271LAA0<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     410000 | PA      | $403530.20     | 0.00%             | 2026-06-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QH4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3650000 | PA      | $3999031.25    | 0.02%             | 2040-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                                                   | Clorox Co/The                                                                    | CUSIP: 189054AY5<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4940.75       | 0.00%             | 2029-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLUA2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2441536 | PA      | $2288602.03    | 0.01%             | 2036-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                                                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AN1<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     600000 | PA      | $389418.00     | 0.00%             | 2050-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                       | CUSIP: 842434CS9<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     208000 | PA      | $182515.84     | 0.00%             | 2049-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844BV9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     558000 | PA      | $481911.12     | 0.00%             | 2052-08-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Campbell Soup Co                                                                 | Campbell Soup Co                                                                 | CUSIP: 134429BG3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     480000 | PA      | $471316.80     | 0.00%             | 2028-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| DAE FUNDING LLC                                                                  | DAE Funding LLC                                                                  | CUSIP: 000000000<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |     400000 | PA      | $378052.00     | 0.00%             | 2025-03-20      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBJ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1641000 | PA      | $1599220.14    | 0.01%             | 2031-03-24      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| ICBCIL Finance Co Ltd                                                            | ICBCIL Finance Co Ltd                                                            | CUSIP: 000000000<br>LEI: 549300ZCUURSNVTOEU07 | Long             | DBT              | CORP              | HK        |     600000 | PA      | $591606.00     | 0.00%             | 2024-03-05      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BP8<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     270000 | PA      | $259272.90     | 0.00%             | 2032-08-16      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                                                                     | AES Corp/The                                                                     | CUSIP: 00130HCC7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     837000 | PA      | $765001.26     | 0.00%             | 2030-07-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                                                          | Pakistan Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    1090000 | PA      | $453483.60     | 0.00%             | 2031-04-08      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558BG7<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     695000 | PA      | $691719.60     | 0.00%             | 2035-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555DA9<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     313000 | PA      | $229867.20     | 0.00%             | 2049-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PRA Health Sciences Inc                                                          | PRA Health Sciences Inc                                                          | CUSIP: 45569KAA1<br>LEI: 549300R1HR1VWWHIAK47 | Long             | DBT              | CORP              | US        |     275000 | PA      | $251638.75     | 0.00%             | 2026-07-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 168863DX3<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     600000 | PA      | $563256.00     | 0.00%             | 2027-01-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                                                  | AdaptHealth LLC                                                                  | CUSIP: 00653VAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     295000 | PA      | $279940.25     | 0.00%             | 2028-08-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE NA                                                                   | Capital One NA                                                                   | CUSIP: 14042TCT2<br>LEI: 207ALC1P1YM0OVDV0K75 | Long             | DBT              | CORP              | US        |     260000 | PA      | $245767.60     | 0.00%             | 2026-01-28      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| STATE GRID OVERSEAS INV                                                          | State Grid Overseas Investment BVI Ltd                                           | CUSIP: 000000000<br>LEI: 3003006V8BHG5158QO96 | Long             | DBT              | CORP              | VG        |    2700000 | PA      | $2240865.00    | 0.01%             | 2030-08-05      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBE4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1265000 | PA      | $1120271.35    | 0.01%             | 2035-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                 | CUSIP: 373334KN0<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     593000 | PA      | $472330.43     | 0.00%             | 2050-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $396520.00     | 0.00%             | 2025-09-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Pilgrim's Pride Corp                                                             | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAE8<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    1350000 | PA      | $1338997.50    | 0.01%             | 2027-09-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CENTRAL GARDEN & PET CO                                                          | Central Garden & Pet Co                                                          | CUSIP: 153527AN6<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |     447000 | PA      | $380084.10     | 0.00%             | 2030-10-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ABJA Investment Co                                                               | ABJA Investment Co Pte Ltd                                                       | CUSIP: 000000000<br>LEI: 254900E6OE5YJ9WCCU19 | Long             | DBT              | CORP              | SG        |     600000 | PA      | $599448.00     | 0.00%             | 2024-07-31      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                                                         | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 69867DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     660000 | PA      | $656125.80     | 0.00%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| SINGTEL GROUP TREASURY                                                           | SingTel Group Treasury Pte Ltd                                                   | CUSIP: 000000000<br>LEI: 2549002FQJ4364A54N70 | Long             | DBT              | CORP              | SG        |     400000 | PA      | $387400.00     | 0.00%             | 2025-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                                                            | Argentine Republic Government International Bond                                 | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   10350000 | PA      | $3525934.50    | 0.02%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: —       |
| Consumers Energy Co                                                              | Consumers Energy Co                                                              | CUSIP: 210518DB9<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     490000 | PA      | $436888.90     | 0.00%             | 2048-05-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP                                                         | American Assets Trust LP                                                         | CUSIP: 02401LAA2<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              |  | US        |     575000 | PA      | $469205.75     | 0.00%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS                                                             | BlackRock Cash Funds: Treasury, SL Agency Shares                                 | CUSIP: 066922477<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 1103350756 | NS      | $1104012766.62 | 5.29%             |  |  |  | No            |                  1 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                                                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AH1<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     266000 | PA      | $260956.64     | 0.00%             | 2024-11-18      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| EMPRESA DE TRANSPORTE ME                                                         | Empresa de Transporte de Pasajeros Metro SA                                      | CUSIP: 000000000<br>LEI: 959800T4M5QUPYMSCH69 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $185312.00     | 0.00%             | 2030-05-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   38000000 | PA      | $36257343.94   | 0.17%             | 2027-03-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RAU6<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    1955000 | PA      | $1864209.80    | 0.01%             | 2024-10-16      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Eastman Chemical Co                                                              | Eastman Chemical Co                                                              | CUSIP: 277432AR1<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |     676000 | PA      | $659904.44     | 0.00%             | 2025-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                                                               | Province of Quebec Canada                                                        | CUSIP: 748149AJ0<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    2457000 | PA      | $2343191.76    | 0.01%             | 2026-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: —       |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KCJ7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     605000 | PA      | $615551.20     | 0.00%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XHX36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1310629 | PA      | $1164771.22    | 0.01%             | 2037-08-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 59562VAM9<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |    1305000 | PA      | $1449163.35    | 0.01%             | 2036-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160CG7<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     730000 | PA      | $660577.00     | 0.00%             | 2047-03-03      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TACORA RESOURCES INC                                                             | Tacora Resources Inc                                                             | CUSIP: 87356LAA8<br>LEI: 549300L67A19OXSFBA84 | Long             | DBT              | CORP              | CA        |     260000 | PA      | $199693.00     | 0.00%             | 2026-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                                                           | Southwestern Energy Co                                                           | CUSIP: 845467AR0<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     400000 | PA      | $376048.00     | 0.00%             | 2029-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TJN6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     965000 | PA      | $906038.50     | 0.00%             | 2024-09-13      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| INDIAN RAILWAY FINANCE                                                           | Indian Railway Finance Corp Ltd                                                  | CUSIP: 000000000<br>LEI: 335800F2JHSOGXQEBY56 | Long             | DBT              | CORP              | IN        |     600000 | PA      | $567252.00     | 0.00%             | 2027-12-13      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| SPCM SA                                                                          | SPCM SA                                                                          | CUSIP: 7846ELAD9<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |     235000 | PA      | $207192.45     | 0.00%             | 2027-03-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| WACHOVIA CORP                                                                    | Wachovia Corp                                                                    | CUSIP: 337358BH7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     280000 | PA      | $303380.00     | 0.00%             | 2026-08-01      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400FV0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     558000 | PA      | $473044.50     | 0.00%             | 2042-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| EMORY UNIVERSITY                                                                 | Emory University                                                                 | CUSIP: 29157TAD8<br>LEI: 95MD72NUUVZ3P8PQ6919 | Long             | DBT              | CORP              | US        |      25000 | PA      | $20822.00      | 0.00%             | 2030-09-01      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                                                 | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     714000 | PA      | $682084.20     | 0.00%             | 2027-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| HANWHA LIFE INSURANCE                                                            | Hanwha Life Insurance Co Ltd                                                     | CUSIP: 000000000<br>LEI: 988400ZKCI3R9DQHR320 | Long             | DBT              | CORP              | KR        |     600000 | PA      | $527928.00     | 0.00%             | 2032-02-04      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAZ8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    1055000 | PA      | $820399.65     | 0.00%             | 2041-10-29      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RDJ8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     935000 | PA      | $821079.60     | 0.00%             | 2048-03-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                                                               | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    1200000 | PA      | $1112328.00    | 0.01%             | 2032-04-14      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIG INTL HL                                                         | Digicel International Finance Ltd/Digicel international Holdings Ltd             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     400000 | PA      | $345080.00     | 0.00%             | 2024-05-25      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                                                                | Service Corp International/US                                                    | CUSIP: 817565CG7<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     535000 | PA      | $468435.30     | 0.00%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CubeSmart LP                                                                     | CubeSmart LP                                                                     | CUSIP: 22966RAD8<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |     250000 | PA      | $235630.00     | 0.00%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05583JAN2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    1000000 | PA      | $1012280.00    | 0.00%             | 2027-01-18      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 42217KBF2<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |    1265000 | PA      | $1238017.55    | 0.01%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Consumers Energy Co                                                              | Consumers Energy Co                                                              | CUSIP: 210518DC7<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |      78000 | PA      | $75959.52      | 0.00%             | 2028-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBQ8<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     450000 | PA      | $403875.00     | 0.00%             | 2026-05-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 064159TF3<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     883000 | PA      | $839750.66     | 0.00%             | 2025-02-03      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| SPECTRUM BRANDS INC                                                              | Spectrum Brands Inc                                                              | CUSIP: 84762LAW5<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |     250000 | PA      | $226750.00     | 0.00%             | 2030-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668BS0<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    1190000 | PA      | $1161142.50    | 0.01%             | 2027-06-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |    1021000 | PA      | $966468.39     | 0.00%             | 2026-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VFU3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    2458000 | PA      | $1672054.50    | 0.01%             | 2050-11-20      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkey Government International Bond                                             | CUSIP: 900123DC1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1600000 | PA      | $1298896.00    | 0.01%             | 2031-06-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                     | CUSIP: 785592AX4<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |     715000 | PA      | $694214.95     | 0.00%             | 2030-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                             | ERAC USA Finance LLC                                                             | CUSIP: 26884TAR3<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     678000 | PA      | $638031.90     | 0.00%             | 2026-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X5DK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     235630 | PA      | $227085.96     | 0.00%             | 2034-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                                                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAN2<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     120000 | PA      | $104742.00     | 0.00%             | 2046-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| JAPAN INT'L COOP AGENCY                                                          | Japan International Cooperation Agency                                           | CUSIP: 47109LAA2<br>LEI: 254900XEIG78M2AJB031 | Long             | DBT              | NUSS              | JP        |     450000 | PA      | $415948.50     | 0.00%             | 2026-10-20      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| LSF11 A5 HOLDCO LLC                                                              | LSF11 A5 HoldCo LLC                                                              | CUSIP: 50221DAA7<br>LEI: 254900FPK7P5WNA66Y10 | Long             | DBT              | CORP              | US        |     275000 | PA      | $227917.25     | 0.00%             | 2029-10-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6BX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   10272844 | PA      | $9615418.04    | 0.05%             | 2037-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL INTL BV                                                            | Clear Channel International BV                                                   | CUSIP: 18452MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     200000 | PA      | $196060.00     | 0.00%             | 2025-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Flex Ltd                                                                         | Flex Ltd                                                                         | CUSIP: 33938XAA3<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |     876000 | PA      | $862658.52     | 0.00%             | 2029-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAZ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     487000 | PA      | $422779.31     | 0.00%             | 2046-08-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                                                      | TJX Cos Inc/The                                                                  | CUSIP: 872540AT6<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |     587000 | PA      | $567687.70     | 0.00%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Berry Global Inc                                                                 | Berry Global Inc                                                                 | CUSIP: 085770AB1<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     335000 | PA      | $329321.75     | 0.00%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| MEDLINE BORROWER LP                                                              | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    1780000 | PA      | $1493811.60    | 0.01%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STATE GRID OVERSEAS INV                                                          | State Grid Overseas Investment 2014 Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     200000 | PA      | $202706.00     | 0.00%             | 2044-05-07      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                    | CUSIP: 059165EL0<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |     566000 | PA      | $428014.86     | 0.00%             | 2049-09-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| LEGACY LIFEPOINT HEALTH                                                          | Legacy LifePoint Health LLC                                                      | CUSIP: 53219LAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     610000 | PA      | $594499.90     | 0.00%             | 2025-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAX4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     275000 | PA      | $252964.25     | 0.00%             | 2039-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| RKPF OVERSEAS 2020 A LTD                                                         | RKPF Overseas 2020 A Ltd                                                         | CUSIP: 000000000<br>LEI: 254900LKOLISWWIE7W36 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $328600.00     | 0.00%             | 2026-01-12      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                               | CUSIP: 02361DAU4<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     759000 | PA      | $584695.65     | 0.00%             | 2050-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KAS2<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $392724.00     | 0.00%             | 2024-03-16      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7VS3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9821777 | PA      | $9380231.37    | 0.04%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  116600000 | PA      | $77702968.75   | 0.37%             | 2040-05-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| YUNDA HOLDING INV                                                                | Yunda Holding Investment Ltd                                                     | CUSIP: 000000000<br>LEI: 300300YSHTUKQFZYWD77 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $722264.00     | 0.00%             | 2025-08-19      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132AEPE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   16015090 | PA      | $15709966.34   | 0.08%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                                                | Eversource Energy                                                                | CUSIP: 30040WAD0<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     595000 | PA      | $579030.20     | 0.00%             | 2024-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VBA8<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     570000 | PA      | $576731.70     | 0.00%             | 2028-01-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grupo Bimbo SAB de CV                                                            | Grupo Bimbo SAB de CV                                                            | CUSIP: 000000000<br>LEI: 5493000RIXURZEBFEV60 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $358764.00     | 0.00%             | 2047-11-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE LONDON                                                           | Credit Agricole SA/London                                                        | CUSIP: 22535WAB3<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     455000 | PA      | $441718.55     | 0.00%             | 2027-01-10      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES LLC/CO-OBL                                                          | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc                          | CUSIP: 05723KAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     573000 | PA      | $543238.38     | 0.00%             | 2027-12-15      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YAY5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    1281000 | PA      | $1230733.56    | 0.01%             | 2026-05-14      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BF8<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    1133000 | PA      | $1121160.15    | 0.01%             | 2024-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEG3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     280000 | PA      | $275433.20     | 0.00%             | 2027-05-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EL0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     710000 | PA      | $494145.80     | 0.00%             | 2061-08-05      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2020-B21 Mortgage Trust                                                | CUSIP: 08163LAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1450000 | PA      | $1191848.86    | 0.01%             | 2053-12-17      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ4J6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     365067 | PA      | $358455.32     | 0.00%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641598K5<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    1180000 | PA      | $1046683.60    | 0.01%             | 2026-09-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| FWD LTD                                                                          | FWD Ltd                                                                          | CUSIP: 000000000<br>LEI: 254900FMA87JW77SVS91 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $195614.00     | 0.00%             | 2024-09-24      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                 | CUSIP: 50212YAF1<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     225000 | PA      | $197151.75     | 0.00%             | 2031-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CHICAGO                                                            | University of Chicago/The                                                        | CUSIP: 91412NBE9<br>LEI: 54930099Y7GU6182V326 | Long             | DBT              | CORP              | US        |     261000 | PA      | $186403.59     | 0.00%             | 2050-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES DREDGE&DOCK                                                          | Great Lakes Dredge & Dock Corp                                                   | CUSIP: 390607AF6<br>LEI: 549300H65E3MZ1CX0P05 | Long             | DBT              | CORP              | US        |     225000 | PA      | $189702.00     | 0.00%             | 2029-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2H6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     913000 | PA      | $905842.08     | 0.00%             | 2030-01-10      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| DOVER CORP                                                                       | Dover Corp                                                                       | CUSIP: 260003AP3<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |     120000 | PA      | $106989.60     | 0.00%             | 2029-11-04      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UNISYS CORP                                                                      | Unisys Corp                                                                      | CUSIP: 909214BV9<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |     320000 | PA      | $242592.00     | 0.00%             | 2027-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CANPACK SA/CANPACK US                                                            | Canpack SA / Canpack US LLC                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     425000 | PA      | $352754.25     | 0.00%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WEA Finance LLC                                                                  | WEA Finance LLC                                                                  | CUSIP: 92928QAD0<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              | CORP              | US        |     500000 | PA      | $359105.00     | 0.00%             | 2048-09-20      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                 | CUSIP: 026874DR5<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     210000 | PA      | $192225.60     | 0.00%             | 2030-06-30      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KU4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     540000 | PA      | $531235.80     | 0.00%             | 2032-07-27      | Fixed         | 4.40%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                                                            | Level 3 Financing Inc                                                            | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     740000 | PA      | $541613.40     | 0.00%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Federal Home Loan Mortgage Corp                                                  | CUSIP: 3137EAEN5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |     700000 | PA      | $694428.00     | 0.00%             | 2023-06-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| OT MERGER CORP                                                                   | OT Merger Corp                                                                   | CUSIP: 688777AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $128484.00     | 0.00%             | 2029-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CNAC HK FINBRIDGE CO LTD                                                         | CNAC HK Finbridge Co Ltd                                                         | CUSIP: 000000000<br>LEI: 549300US1UQ7R7WABI28 | Long             | DBT              | CORP              | HK        |     600000 | PA      | $551442.00     | 0.00%             | 2025-09-22      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                                                   | CUSIP: 91412GTG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     100000 | PA      | $100717.40     | 0.00%             | 2031-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAR1<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     545000 | PA      | $493121.45     | 0.00%             | 2052-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                                                         | Charles River Laboratories International Inc                                     | CUSIP: 159864AJ6<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |     350000 | PA      | $309466.50     | 0.00%             | 2031-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FP4<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     220000 | PA      | $207303.80     | 0.00%             | 2043-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GXR0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1807000 | PA      | $1446575.78    | 0.01%             | 2032-01-27      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| POLAR US BORROWER LLC                                                            | Polar US Borrower LLC / Schenectady International Group Inc                      | CUSIP: 73103PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $91488.00      | 0.00%             | 2026-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AT2<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     756000 | PA      | $728322.84     | 0.00%             | 2029-04-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233851BW3<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     230000 | PA      | $222913.70     | 0.00%             | 2025-05-19      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                                                                      | Bell Telephone Co of Canada or Bell Canada/The                                   | CUSIP: 0778FPAJ8<br>LEI: 549300JYAVAQRV5MNZ86 | Long             | DBT              | CORP              | CA        |     210000 | PA      | $166399.80     | 0.00%             | 2052-08-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BOC AVIATION LTD                                                                 | BOC Aviation Ltd                                                                 | CUSIP: 09681LAS9<br>LEI: 254900H06V5RMEB3KE72 | Long             | DBT              | CORP              | SG        |     400000 | PA      | $344184.00     | 0.00%             | 2030-09-17      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                                                       | Nasdaq Inc                                                                       | CUSIP: 63111XAB7<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     615000 | PA      | $444983.25     | 0.00%             | 2050-04-28      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                                                          | Reliance Industries Ltd                                                          | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |    1140000 | PA      | $948354.60     | 0.00%             | 2032-01-12      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| VANKE REAL ESTATE HK                                                             | Vanke Real Estate Hong Kong Co Ltd                                               | CUSIP: 000000000<br>LEI: 25490078APAXS5NZGF08 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $390252.00     | 0.00%             | 2024-06-07      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YAH4<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |     180000 | PA      | $153577.80     | 0.00%             | 2044-06-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBD6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     698000 | PA      | $628437.32     | 0.00%             | 2030-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ARAGVI FINANCE INTL                                                              | Aragvi Finance International DAC                                                 | CUSIP: 000000000<br>LEI: 635400VKAYT1VT6VBF50 | Long             | DBT              | CORP              | IE        |     200000 | PA      | $148276.00     | 0.00%             | 2026-04-29      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160CK8<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     839000 | PA      | $799273.35     | 0.00%             | 2028-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668BL5<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    1460000 | PA      | $1319664.80    | 0.01%             | 2025-11-24      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 69370RAL1<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     800000 | PA      | $662360.00     | 0.00%             | 2031-02-09      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| GREAT-WEST LIFECO FIN 18                                                         | Great-West Lifeco Finance 2018 LP                                                | CUSIP: 39138QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $192318.00     | 0.00%             | 2028-05-17      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VDU5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     425000 | PA      | $436870.25     | 0.00%             | 2037-03-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN UNIVERSITY                                                          | Northwestern University                                                          | CUSIP: 668444AS1<br>LEI: OBWWNZE695DUK77DTI34 | Long             | DBT              | CORP              | US        |     103000 | PA      | $73584.23      | 0.00%             | 2050-12-01      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| OIL & NATURAL GAS CORP L                                                         | Oil & Natural Gas Corp Ltd                                                       | CUSIP: 000000000<br>LEI: 335800FPDZ9MRSNO7N41 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $177640.00     | 0.00%             | 2029-12-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TEMASEK FINANCIAL I LTD                                                          | Temasek Financial I Ltd                                                          | CUSIP: 87973PAU8<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |     500000 | PA      | $397040.00     | 0.00%             | 2030-10-06      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMware Inc                                                                       | CUSIP: 928563AD7<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     500000 | PA      | $495585.00     | 0.00%             | 2025-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WEEKLEY HOMES LLC/ FINAN                                                         | Weekley Homes LLC / Weekley Finance Corp                                         | CUSIP: 948565AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     340000 | PA      | $295806.80     | 0.00%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                                                          | International Game Technology PLC                                                | CUSIP: 460599AD5<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |     495000 | PA      | $497009.70     | 0.00%             | 2027-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UNUM GROUP                                                                       | Unum Group                                                                       | CUSIP: 91529YAN6<br>LEI: 549300E32YFDO6TZ8R31 | Long             | DBT              | CORP              | US        |     130000 | PA      | $122133.70     | 0.00%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS                                                         | MPH Acquisition Holdings LLC                                                     | CUSIP: 553283AD4<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     705000 | PA      | $585615.30     | 0.00%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNQM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   38134666 | PA      | $33499022.10   | 0.16%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                                                                | Republic of Kenya Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    1000000 | PA      | $940750.00     | 0.00%             | 2024-06-24      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CITIC                                                                            | CITIC Ltd                                                                        | CUSIP: 000000000<br>LEI: 2549006I3Q3M98KHOT11 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $177748.00     | 0.00%             | 2032-02-17      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J5EJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     344471 | PA      | $327153.20     | 0.00%             | 2032-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| REC LIMITED                                                                      | REC Ltd                                                                          | CUSIP: 000000000<br>LEI: 335800B4YRYWAMIJZ374 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $180820.00     | 0.00%             | 2027-01-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJY61<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      38903 | PA      | $36183.90      | 0.00%             | 2046-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                                         | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     895000 | PA      | $728914.85     | 0.00%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | Bausch Health Cos Inc                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    1115000 | PA      | $715729.65     | 0.00%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TELEDYNE TECHNOLOGIES IN                                                         | Teledyne Technologies Inc                                                        | CUSIP: 879360AB1<br>LEI: 549300VSMO9KYQWDND94 | Long             | DBT              | CORP              | US        |     695000 | PA      | $662175.15     | 0.00%             | 2024-04-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138YUHZ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      35282 | PA      | $34820.31      | 0.00%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                                                               | Regal Rexnord Corp                                                               | CUSIP: 758750AC7<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |     180000 | PA      | $182701.80     | 0.00%             | 2026-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Ameren Illinois Co                                                               | Ameren Illinois Co                                                               | CUSIP: 02361DAS9<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4875.10       | 0.00%             | 2028-05-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CEC4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     195719 | PA      | $185879.78     | 0.00%             | 2031-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FRONTIER NORTH INC                                                               | Frontier North Inc                                                               | CUSIP: 362337AK3<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |     565000 | PA      | $521698.40     | 0.00%             | 2028-02-15      | Fixed         | 6.73%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017CW7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     640000 | PA      | $617555.20     | 0.00%             | 2038-11-16      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                                         | Equitable Financial Life Global Funding                                          | CUSIP: 29449WAP2<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     750000 | PA      | $757177.50     | 0.00%             | 2025-12-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286R6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   11300000 | PA      | $10972035.13   | 0.05%             | 2024-04-30      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550AT3<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     137000 | PA      | $141120.96     | 0.00%             | 2035-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZL9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     195000 | PA      | $183586.65     | 0.00%             | 2025-01-10      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HBK4<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     530000 | PA      | $559314.30     | 0.00%             | 2033-01-18      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| DRAWBRIDGE SPEC OPPOR FU                                                         | Drawbridge Special Opportunities Fund LP / Drawbridge Special Opportunities Fin  | CUSIP: 26150TAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     100000 | PA      | $92136.00      | 0.00%             | 2026-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| STATE GRID OVERSEAS INV                                                          | State Grid Overseas Investment BVI Ltd                                           | CUSIP: 000000000<br>LEI: 3003006V8BHG5158QO96 | Long             | DBT              | CORP              | VG        |    1700000 | PA      | $1651108.00    | 0.01%             | 2027-05-04      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAX6<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     305000 | PA      | $250279.95     | 0.00%             | 2050-05-13      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QCG8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     305000 | PA      | $261244.70     | 0.00%             | 2030-03-10      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| AHEAD DB HOLDINGS LLC                                                            | Ahead DB Holdings LLC                                                            | CUSIP: 00867FAA6<br>LEI: 254900L07WFL833JX193 | Long             | DBT              | CORP              | US        |     245000 | PA      | $207127.90     | 0.00%             | 2028-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ELEMENT FLEET MANAGEMENT                                                         | Element Fleet Management Corp                                                    | CUSIP: 286181AD4<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |      50000 | PA      | $47971.00      | 0.00%             | 2025-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QBBH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     289133 | PA      | $284884.24     | 0.00%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312AY2<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     543000 | PA      | $512038.14     | 0.00%             | 2026-11-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179Q6N6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1091901 | PA      | $1020701.68    | 0.00%             | 2045-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                                                               | Grupo Televisa SAB                                                               | CUSIP: 40049JAT4<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |      50000 | PA      | $60422.50      | 0.00%             | 2032-03-11      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                     | CUSIP: 456837AU7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     765000 | PA      | $695446.20     | 0.00%             | 2026-07-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| KBR INC                                                                          | KBR Inc                                                                          | CUSIP: 48242WAC0<br>LEI: 254900OFQDXZRKRCV808 | Long             | DBT              | CORP              | US        |     145000 | PA      | $131462.80     | 0.00%             | 2028-09-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     790000 | PA      | $686415.20     | 0.00%             | 2027-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                                                               | Macquarie Bank Ltd                                                               | CUSIP: 55608PBE3<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |     223000 | PA      | $212641.65     | 0.00%             | 2025-01-22      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2Z9<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     643000 | PA      | $630358.62     | 0.00%             | 2025-08-12      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| MEMORIAL SLOAN-KETTERING                                                         | Memorial Sloan-Kettering Cancer Center                                           | CUSIP: 586054AA6<br>LEI: 549300IZ71UAMEHWL382 | Long             | DBT              | CORP              | US        |     330000 | PA      | $342087.90     | 0.00%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NVENT FINANCE SARL                                                               | nVent Finance Sarl                                                               | CUSIP: 67078AAE3<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |     310000 | PA      | $252916.60     | 0.00%             | 2031-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                                                  | Nissan Motor Co Ltd                                                              | CUSIP: 654744AB7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    1490000 | PA      | $1406753.70    | 0.01%             | 2025-09-17      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048CJ5<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    2880000 | PA      | $2628950.40    | 0.01%             | 2025-07-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAZ1<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     500000 | PA      | $519020.00     | 0.00%             | 2025-10-14      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Arrow Bidco LLC                                                                  | Arrow Bidco LLC                                                                  | CUSIP: 042728AA3<br>LEI: 549300YHZN08M0H3O128 | Long             | DBT              | CORP              | US        |     175000 | PA      | $175812.00     | 0.00%             | 2024-03-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HBJ3<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     919000 | PA      | $898993.37     | 0.00%             | 2025-10-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                                  | Nordea Bank Abp                                                                  | CUSIP: 65557FAH9<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    1233000 | PA      | $1164050.64    | 0.01%             | 2033-09-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                                               | Meta Platforms Inc                                                               | CUSIP: 30303M8K1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    1140000 | PA      | $1002219.60    | 0.00%             | 2062-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0CM8<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    4288000 | PA      | $4116651.52    | 0.02%             | 2025-01-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMPG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1917030 | PA      | $1704388.04    | 0.01%             | 2036-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 000000000<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     450000 | PA      | $436540.50     | 0.00%             | 2025-10-24      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664CR0<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |    1380000 | PA      | $1301340.00    | 0.01%             | 2049-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VERTEX CAPITAL INV LTD                                                           | Vertex Capital Investment Ltd                                                    | CUSIP: 000000000<br>LEI: 5493001HK43YLEL0IF70 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $386148.00     | 0.00%             | 2024-04-03      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WPP Finance 2010                                                                 | WPP Finance 2010                                                                 | CUSIP: 92936MAF4<br>LEI: 549300OJB3S151W7KN44 | Long             | DBT              | CORP              | GB        |     411000 | PA      | $402011.43     | 0.00%             | 2024-09-19      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599CM5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9201.30       | 0.00%             | 2027-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAN5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     735000 | PA      | $749082.60     | 0.00%             | 2025-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANKUNITED INC                                                                   | BankUnited Inc                                                                   | CUSIP: 06652KAB9<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | DBT              | CORP              | US        |     540000 | PA      | $522568.80     | 0.00%             | 2030-06-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D2L5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10124399 | PA      | $8554840.84    | 0.04%             | 2051-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                                                         | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAM6<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |     340000 | PA      | $265387.00     | 0.00%             | 2029-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM INT FIN                                                         | Deutsche Telekom International Finance BV                                        | CUSIP: 25156PBB8<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |     820000 | PA      | $809290.80     | 0.00%             | 2028-06-21      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                                                             | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAA9<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              |  | US        |     340000 | PA      | $312262.80     | 0.00%             | 2026-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 293791AP4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     330000 | PA      | $366069.00     | 0.00%             | 2034-10-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                                              | Macquarie Group Ltd                                                              | CUSIP: 55608JAR9<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |    1885000 | PA      | $1679893.15    | 0.01%             | 2027-01-12      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                         | CUSIP: 071813CP2<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    1265000 | PA      | $1104585.35    | 0.01%             | 2028-12-01      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 31329PNA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     494820 | PA      | $496089.05     | 0.00%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1691000 | PA      | $1689089.17    | 0.01%             | 2024-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                                                              | Braskem Netherlands Finance BV                                                   | CUSIP: 000000000<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $410716.00     | 0.00%             | 2081-01-23      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                                                                | Rakuten Group Inc                                                                | CUSIP: 75102WAA6<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |     450000 | PA      | $396000.00     | 0.00%             | 2026-04-22      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BN1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     265000 | PA      | $245726.55     | 0.00%             | 2026-09-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| ROCKCLIFF ENERGY II LLC                                                          | Rockcliff Energy II LLC                                                          | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |     605000 | PA      | $575633.30     | 0.00%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                                                           | Edgewell Personal Care Co                                                        | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |     335000 | PA      | $291888.85     | 0.00%             | 2029-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                                                                     | CubeSmart LP                                                                     | CUSIP: 22966RAH9<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |     920000 | PA      | $790924.00     | 0.00%             | 2028-12-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBN4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     844000 | PA      | $798457.76     | 0.00%             | 2030-04-02      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                             | CUSIP: 10112RBC7<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     426000 | PA      | $359820.90     | 0.00%             | 2030-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| GUSAP III LP                                                                     | GUSAP III LP                                                                     | CUSIP: 000000000<br>LEI: 549300WY05UJ7WTHIN64 | Long             | DBT              | CORP              | US        |     600000 | PA      | $567900.00     | 0.00%             | 2030-01-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    1000000 | PA      | $984700.00     | 0.00%             | 2028-07-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Eni SpA                                                                          | Eni SpA                                                                          | CUSIP: 26874RAE8<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |    1345000 | PA      | $1342632.80    | 0.01%             | 2028-09-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TALOS PRODUCTION INC                                                             | Talos Production Inc                                                             | CUSIP: 87485LAC8<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |     375000 | PA      | $397695.00     | 0.00%             | 2026-01-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCX1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     770000 | PA      | $774535.30     | 0.00%             | 2029-02-01      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                              | CUSIP: 002824AV2<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |     710000 | PA      | $819283.20     | 0.00%             | 2039-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                                                  | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     800000 | PA      | $607920.00     | 0.00%             | 2049-01-21      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEU1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   34480000 | PA      | $33588368.92   | 0.16%             | 2025-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                                                           | Advanced Micro Devices Inc                                                       | CUSIP: 007903BF3<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |     360000 | PA      | $344336.40     | 0.00%             | 2032-06-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| KOREA ELECTRIC POWER CO                                                          | Korea Electric Power Corp                                                        | CUSIP: 000000000<br>LEI: 988400QG33WS7JEIV602 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $205944.00     | 0.00%             | 2028-04-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBF1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1648000 | PA      | $1336363.20    | 0.01%             | 2045-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                     | CUSIP: 651639AX4<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     290000 | PA      | $255333.40     | 0.00%             | 2029-10-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q9EZ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      32945 | PA      | $32317.51      | 0.00%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                    | CUSIP: 47233JGT9<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |     300000 | PA      | $246213.00     | 0.00%             | 2031-10-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBV7<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     585000 | PA      | $534403.35     | 0.00%             | 2029-08-05      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AmerisourceBergen Corp                                                           | AmerisourceBergen Corp                                                           | CUSIP: 03073EAN5<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |     315000 | PA      | $278576.55     | 0.00%             | 2045-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109BH6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     459000 | PA      | $436935.87     | 0.00%             | 2028-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55616XAM9<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |     355000 | PA      | $260676.50     | 0.00%             | 2034-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162CW8<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    1003000 | PA      | $845248.16     | 0.00%             | 2031-02-25      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FIN US INC                                                            | Stellantis Finance US Inc                                                        | CUSIP: 85855CAB6<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |     870000 | PA      | $700898.10     | 0.00%             | 2031-09-15      | Fixed         | 2.69%                 | No            |                  2 | On Loan: —       |
| ABN AMRO Bank NV                                                                 | ABN AMRO Bank NV                                                                 | CUSIP: 00080QAF2<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |     885000 | PA      | $869149.65     | 0.00%             | 2025-07-28      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833DD9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     397000 | PA      | $349201.20     | 0.00%             | 2047-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                     | CUSIP: 167593H62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      80000 | PA      | $77188.32      | 0.00%             | 2049-01-01      | Fixed         | 4.47%                 | No            |                  2 | On Loan: —       |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EAU3<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |      95000 | PA      | $92774.15      | 0.00%             | 2024-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAH4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     329000 | PA      | $313869.29     | 0.00%             | 2027-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111EY5<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     255000 | PA      | $263348.70     | 0.00%             | 2039-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CENTURY COMMUNITIES                                                              | Century Communities Inc                                                          | CUSIP: 156504AL6<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |     310000 | PA      | $306844.20     | 0.00%             | 2027-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NMI HOLDINGS                                                                     | NMI Holdings Inc                                                                 | CUSIP: 629209AA5<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | DBT              | CORP              | US        |     365000 | PA      | $369128.15     | 0.00%             | 2025-06-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828G38<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   33340000 | PA      | $32167890.63   | 0.15%             | 2024-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                              | CUSIP: 210518DF0<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     540000 | PA      | $402472.80     | 0.00%             | 2050-08-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ANDREW W MELLON FOUNDATI                                                         | Andrew W Mellon Foundation/The                                                   | CUSIP: 03444RAB4<br>LEI: HVIJIPOQ5TXYVD3NET54 | Long             | DBT              | CORP              | US        |     523000 | PA      | $453446.23     | 0.00%             | 2027-08-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| BROADCOM CRP / CAYMN FI                                                          | Broadcom Corp / Broadcom Cayman Finance Ltd                                      | CUSIP: 11134LAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    1949000 | PA      | $1879011.41    | 0.01%             | 2027-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828YB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   24600000 | PA      | $21913218.75   | 0.11%             | 2029-08-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                      | CUSIP: 68389XCC7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1986000 | PA      | $1811410.74    | 0.01%             | 2026-03-25      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                                         | Comision Federal de Electricidad                                                 | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     800000 | PA      | $736688.00     | 0.00%             | 2029-05-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13648TAA5<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     270000 | PA      | $230488.20     | 0.00%             | 2030-03-05      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAU8<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    1098000 | PA      | $1083693.06    | 0.01%             | 2027-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERICAST CORP                                                                    | Vericast Corp                                                                    | CUSIP: 92342NAK9<br>LEI: 549300J73P7FL8TVF308 | Long             | DBT              | CORP              | US        |     100000 | PA      | $112264.00     | 0.00%             | 2027-12-15      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| AES CORP/THE                                                                     | AES Corp/The                                                                     | CUSIP: 00130HCE3<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    1370000 | PA      | $1234287.80    | 0.01%             | 2026-01-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142CM3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     430000 | PA      | $509472.60     | 0.00%             | 2038-04-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| KOMMUNALBANKEN AS                                                                | Kommunalbanken AS                                                                | CUSIP: 50048MDF4<br>LEI: I7ETN0QQO2AHZZGHJ389 | Long             | DBT              | NUSS              | NO        |     230000 | PA      | $209426.50     | 0.00%             | 2027-01-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FR3<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     343000 | PA      | $310905.49     | 0.00%             | 2048-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PATTERSON-UTI ENERGY INC                                                         | Patterson-UTI Energy Inc                                                         | CUSIP: 703481AC5<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |     294000 | PA      | $273702.24     | 0.00%             | 2029-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| TANGER PROPERTIES LP                                                             | Tanger Properties LP                                                             | CUSIP: 875484AL1<br>LEI: PQPGJDNFN35EXH363L31 | Long             | DBT              |  | US        |       5000 | PA      | $3844.75       | 0.00%             | 2031-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05964HAQ8<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     805000 | PA      | $765418.15     | 0.00%             | 2028-03-24      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFB2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   10000000 | PA      | $9627343.80    | 0.05%             | 2027-07-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                                                              | Abbott Laboratories                                                              | CUSIP: 002824BP4<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    1040000 | PA      | $904768.80     | 0.00%             | 2028-01-30      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                                                        | IQVIA Inc                                                                        | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |     640000 | PA      | $623808.00     | 0.00%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                  | CUSIP: 902494AX1<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    1254000 | PA      | $1238375.16    | 0.01%             | 2024-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | Sands China Ltd                                                                  | CUSIP: 80007RAL9<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |     530000 | PA      | $483391.80     | 0.00%             | 2030-06-18      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HUSKY III HOLDING LTD                                                            | Husky III Holding Ltd                                                            | CUSIP: 44810RAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     410000 | PA      | $379893.70     | 0.00%             | 2025-02-15      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| TRUIST BANK                                                                      | Truist Bank                                                                      | CUSIP: 07330MAB3<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     356000 | PA      | $345818.40     | 0.00%             | 2025-09-16      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                         | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    1290000 | PA      | $1141727.40    | 0.01%             | 2027-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| STORE Capital Corp                                                               | STORE Capital Corp                                                               | CUSIP: 862121AA8<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              |  | US        |     268000 | PA      | $247859.80     | 0.00%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO LIFE INSUR                                                              | Sumitomo Life Insurance Co                                                       | CUSIP: 86564CAB6<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |     935000 | PA      | $886595.05     | 0.00%             | 2077-09-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| SINOCHEM OFFSHORE CAPITA                                                         | Sinochem Offshore Capital Co Ltd                                                 | CUSIP: 000000000<br>LEI: 3003004LKKZ33WMP2P47 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $181482.00     | 0.00%             | 2025-10-29      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| MAF SUKUK LTD                                                                    | MAF Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300IS9H0W5N2N4K34 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $399476.00     | 0.00%             | 2029-05-14      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 78009PEH0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     649000 | PA      | $639680.36     | 0.00%             | 2030-01-27      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 94974BGT1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1525000 | PA      | $1347139.25    | 0.01%             | 2046-06-14      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAD4<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     560000 | PA      | $480771.20     | 0.00%             | 2030-05-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                    | CUSIP: 960413AW2<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |     250000 | PA      | $224610.00     | 0.00%             | 2030-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SVB Financial Group                                                              | SVB Financial Group                                                              | CUSIP: 78486QAD3<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |      83000 | PA      | $80584.70      | 0.00%             | 2025-01-29      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SHANGHAI PORT GRP DEV CO                                                         | Shanghai Port Group BVI Development Co Ltd                                       | CUSIP: 000000000<br>LEI: 30030018E34GXWP2RS97 | Long             | DBT              | CORP              | VG        |     300000 | PA      | $278580.00     | 0.00%             | 2029-06-18      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBZ2<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    1042000 | PA      | $840456.36     | 0.00%             | 2030-09-23      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     780000 | PA      | $655231.20     | 0.00%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 969457BV1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     570000 | PA      | $582027.00     | 0.00%             | 2044-06-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SHARJAH SUKUK PROGRAM                                                            | Sharjah Sukuk Program Ltd                                                        | CUSIP: 000000000<br>LEI: 549300N3BQ9P6RRMVV02 | Long             | DBT              | NUSS              | KY        |     800000 | PA      | $767976.00     | 0.00%             | 2026-04-03      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JX2<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     490000 | PA      | $442455.30     | 0.00%             | 2026-07-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                             | CUSIP: 64990FMT8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      50000 | PA      | $53783.55      | 0.00%             | 2039-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 17327CAN3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     970000 | PA      | $911887.30     | 0.00%             | 2026-01-25      | Fixed         | 2.01%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ELECTRIC                                                           | Massachusetts Electric Co                                                        | CUSIP: 575634AU4<br>LEI: 549300XN8GZY5U5O1B96 | Long             | DBT              | CORP              | US        |     285000 | PA      | $222117.60     | 0.00%             | 2030-11-24      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EL3<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     887000 | PA      | $796029.28     | 0.00%             | 2030-01-16      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JB3<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    4458000 | PA      | $4227253.92    | 0.02%             | 2025-03-14      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| SITE Centers Corp                                                                | SITE Centers Corp                                                                | CUSIP: 23317HAD4<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | DBT              |  | US        |     540000 | PA      | $515532.60     | 0.00%             | 2025-02-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                                                  | Sealed Air Corp                                                                  | CUSIP: 81211KAX8<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     250000 | PA      | $248752.50     | 0.00%             | 2025-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                   | CUSIP: 427866BD9<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     249000 | PA      | $222404.31     | 0.00%             | 2029-11-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| KOREA INV & SECS CO LTD                                                          | Korea Investment & Securities Co Ltd                                             | CUSIP: 000000000<br>LEI: 549300R8VJDW3X6CD250 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $374112.00     | 0.00%             | 2024-07-19      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661CX3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     280000 | PA      | $257871.60     | 0.00%             | 2042-04-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAQ7<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     736000 | PA      | $667758.08     | 0.00%             | 2050-03-26      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EN4<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    1170000 | PA      | $1025622.00    | 0.00%             | 2047-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448FE3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     825000 | PA      | $691341.75     | 0.00%             | 2031-10-21      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 639057AF5<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $407612.00     | 0.00%             | 2028-09-30      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| CITIC                                                                            | CITIC Ltd                                                                        | CUSIP: 000000000<br>LEI: 2549006I3Q3M98KHOT11 | Long             | DBT              | CORP              | HK        |     600000 | PA      | $568872.00     | 0.00%             | 2025-02-25      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FE3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     420000 | PA      | $352875.60     | 0.00%             | 2059-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137F4X72<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3065000 | PA      | $3014528.03    | 0.01%             | 2028-02-25      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                       | CUSIP: 80282KAZ9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |     906000 | PA      | $852083.94     | 0.00%             | 2026-10-05      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                      | Cargill Inc                                                                      | CUSIP: 141781BY9<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |     420000 | PA      | $423150.00     | 0.00%             | 2025-10-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                           | CUSIP: 11271LAH5<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     678000 | PA      | $572089.62     | 0.00%             | 2031-04-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| American Express Co                                                              | American Express Co                                                              | CUSIP: 025816BF5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    1439000 | PA      | $1340874.59    | 0.01%             | 2042-12-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| EASTERN ENERGY GAS                                                               | Eastern Energy Gas Holdings LLC                                                  | CUSIP: 257375AN5<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |     532000 | PA      | $512805.44     | 0.00%             | 2024-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                               | CUSIP: 02361DAZ3<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     451000 | PA      | $524147.69     | 0.00%             | 2052-12-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| SITE Centers Corp                                                                | SITE Centers Corp                                                                | CUSIP: 23317HAF9<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | DBT              |  | US        |     755000 | PA      | $724369.65     | 0.00%             | 2027-06-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA INC                                                               | Murphy Oil USA Inc                                                               | CUSIP: 626738AF5<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |     330000 | PA      | $276982.20     | 0.00%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/XO MGMT                                                           | VistaJet Malta Finance PLC / XO Management Holding Inc                           | CUSIP: 92840JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     350000 | PA      | $338691.50     | 0.00%             | 2027-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAZ2<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     505000 | PA      | $454065.70     | 0.00%             | 2027-01-22      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| COMETA ENERGIA SA                                                                | Cometa Energia SA de CV                                                          | CUSIP: 000000000<br>LEI: 5493007L8UH7TYXKI505 | Long             | DBT              | CORP              | MX        |     514200 | PA      | $507433.13     | 0.00%             | 2035-04-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BorgWarner Inc                                                                   | BorgWarner Inc                                                                   | CUSIP: 099724AH9<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |      95000 | PA      | $78138.45      | 0.00%             | 2045-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                                       | JPMBB Commercial Mortgage Securities Trust 2013-C14                              | CUSIP: 46640LAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     768870 | PA      | $764214.56     | 0.00%             | 2046-08-15      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                                                         | NCR Corp                                                                         | CUSIP: 62886EAZ1<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     290000 | PA      | $251809.90     | 0.00%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JP2<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    1288000 | PA      | $1150853.76    | 0.01%             | 2026-10-26      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Aptiv PLC                                                                        | Aptiv PLC                                                                        | CUSIP: 03835VAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     384000 | PA      | $354858.24     | 0.00%             | 2049-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                      | CUSIP: 30161NAQ4<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     266000 | PA      | $268064.16     | 0.00%             | 2035-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES 2019-1AA                                                         | Delta Air Lines 2019-1 Class AA Pass Through Trust                               | CUSIP: 24737BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      55000 | PA      | $53859.85      | 0.00%             | 2024-04-25      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| UNITED OVERSEAS BANK LTD                                                         | United Overseas Bank Ltd                                                         | CUSIP: 91127KAD4<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |     340000 | PA      | $306676.60     | 0.00%             | 2026-04-14      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| FIBRIA OVERSEAS FINANCE                                                          | Fibria Overseas Finance Ltd                                                      | CUSIP: 31572UAG1<br>LEI: 549300WABWKSHESAMG92 | Long             | DBT              | CORP              | KY        |     180000 | PA      | $175973.40     | 0.00%             | 2025-01-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200JR3<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     403000 | PA      | $386823.58     | 0.00%             | 2027-01-27      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                | CUSIP: 872898AH4<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |     400000 | PA      | $397796.00     | 0.00%             | 2032-04-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SCIL IV LLC / SCIL USA H                                                         | SCIL IV LLC / SCIL USA Holdings LLC                                              | CUSIP: 78397UAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     480000 | PA      | $442896.00     | 0.00%             | 2026-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DJ3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     640000 | PA      | $559648.00     | 0.00%             | 2045-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Carlyle Finance LLC                                                              | Carlyle Finance LLC                                                              | CUSIP: 14314CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     395000 | PA      | $380677.30     | 0.00%             | 2048-09-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae                                                                       | CUSIP: 21H050623<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   14712000 | PA      | $14811995.55   | 0.07%             | 2053-02-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                       | CUSIP: 695114CD8<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     185000 | PA      | $198895.35     | 0.00%             | 2037-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Nestle Holdings Inc                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AL8<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     600000 | PA      | $563706.00     | 0.00%             | 2038-09-24      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BN1<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     931000 | PA      | $787458.42     | 0.00%             | 2030-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KQDR4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3663760 | PA      | $3784873.82    | 0.02%             | 2052-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE INSURANCE                                                          | Guardian Life Insurance Co of America/The                                        | CUSIP: 401378AB0<br>LEI: N1YIDVMMKBHFYCCAIX69 | Long             | DBT              | CORP              | US        |     438000 | PA      | $405298.92     | 0.00%             | 2064-06-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CNOOC FINANCE 2013 LTD                                                           | CNOOC Finance 2013 Ltd                                                           | CUSIP: 12625GAG9<br>LEI: 5493006KAH3PSSMCES09 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $285060.00     | 0.00%             | 2049-09-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SHANGHAI ELC GRP GLB INV                                                         | Shanghai Electric Group Global Investment Ltd                                    | CUSIP: 000000000<br>LEI: 529900Y3SWJ0FFDION78 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $376516.00     | 0.00%             | 2024-11-21      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| TUCSON ELECTRIC POWER CO                                                         | Tucson Electric Power Co                                                         | CUSIP: 898813AS9<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |     525000 | PA      | $417275.25     | 0.00%             | 2030-08-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Life Storage LP                                                                  | Life Storage LP                                                                  | CUSIP: 53227JAB0<br>LEI: X0MIGH67XZCB7HL1A534 | Long             | DBT              |  | US        |     278000 | PA      | $257489.16     | 0.00%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                                                          | SBA Communications Corp                                                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    1150000 | PA      | $974774.50     | 0.00%             | 2029-02-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U3B7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2090000 | PA      | $2081640.00    | 0.01%             | 2033-07-25      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| EVEREST REINSURANCE HLDG                                                         | Everest Reinsurance Holdings Inc                                                 | CUSIP: 299808AJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     644000 | PA      | $449460.48     | 0.00%             | 2052-10-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCQ6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     505000 | PA      | $496738.20     | 0.00%             | 2025-05-09      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                                  | Danske Bank A/S                                                                  | CUSIP: 23636ABB6<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |     250000 | PA      | $218662.50     | 0.00%             | 2027-09-10      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833ER7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     740000 | PA      | $660191.00     | 0.00%             | 2062-08-08      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 2                                                            | Scentre Group Trust 2                                                            | CUSIP: 76025LAA2<br>LEI: 549300VRF0U0JH8TBJ74 | Long             | DBT              |  | AU        |    1105000 | PA      | $1029197.00    | 0.00%             | 2080-09-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| INRETAIL CONSUMER                                                                | InRetail Consumer                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |     400000 | PA      | $345852.00     | 0.00%             | 2028-03-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370CX6<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     345000 | PA      | $405754.50     | 0.00%             | 2030-04-22      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| KOREA GAS CORP                                                                   | Korea Gas Corp                                                                   | CUSIP: 50066CAN9<br>LEI: 988400TFZILHBD5M3R71 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $187192.00     | 0.00%             | 2027-07-20      | Fixed         | 3.13%                 | No            |                  2 | On Loan: —       |
| GREAT RIVER ENERGY                                                               | Great River Energy                                                               | CUSIP: 39121JAG5<br>LEI: 5493007CIM8IF8LIUC91 | Long             | DBT              | CORP              | US        |     104974 | PA      | $116867.57     | 0.00%             | 2038-07-01      | Fixed         | 7.23%                 | No            |                  2 | On Loan: —       |
| VMware Inc                                                                       | VMware Inc                                                                       | CUSIP: 928563AC9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     997000 | PA      | $958446.01     | 0.00%             | 2027-08-21      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| HONDURAS GOVERNMENT                                                              | Honduras Government International Bond                                           | CUSIP: 000000000<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |     850000 | PA      | $751825.00     | 0.00%             | 2027-01-19      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                      | CUSIP: 720186AN5<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     310000 | PA      | $263735.60     | 0.00%             | 2031-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BAIDU INC                                                                        | Baidu Inc                                                                        | CUSIP: 056752AT5<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |      74000 | PA      | $62151.86      | 0.00%             | 2030-10-09      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CDBL FUNDING 1                                                                   | CDBL Funding 1                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     400000 | PA      | $375804.00     | 0.00%             | 2027-10-24      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                                        | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    1200000 | PA      | $782544.00     | 0.00%             | 2051-02-08      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8ZC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     389081 | PA      | $369521.11     | 0.00%             | 2033-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| University of Michigan                                                           | UNIV OF MICHIGAN MI                                                              | CUSIP: 914455UF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     238000 | PA      | $181474.05     | 0.00%             | 2040-04-01      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BP9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     775000 | PA      | $696717.25     | 0.00%             | 2028-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CG0<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1500000 | PA      | $1444980.00    | 0.01%             | 2029-01-14      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ROCHESTER GAS & ELECTRIC                                                         | Rochester Gas and Electric Corp                                                  | CUSIP: 771367CD9<br>LEI: 549300DD8M80WFTQO509 | Long             | DBT              | CORP              | US        |     595000 | PA      | $558568.15     | 0.00%             | 2027-06-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Suncorp-Metway Ltd                                                               | Suncorp-Metway Ltd                                                               | CUSIP: 8672EMAL8<br>LEI: JEBU6C6ITPD2YZ9N7F22 | Long             | DBT              | CORP              | AU        |     291000 | PA      | $284673.66     | 0.00%             | 2024-04-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YFA8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     740000 | PA      | $748006.80     | 0.00%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     991000 | PA      | $861515.94     | 0.00%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Baxter International Inc                                                         | Baxter International Inc                                                         | CUSIP: 071813BQ1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     595000 | PA      | $554432.90     | 0.00%             | 2026-08-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| ITHACA ENERGY NORTH                                                              | Ithaca Energy North Sea PLC                                                      | CUSIP: 46567TAB0<br>LEI: 213800BMMUN3AKWBIO91 | Long             | DBT              | CORP              | GB        |     405000 | PA      | $399504.15     | 0.00%             | 2026-07-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05964HAS4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     405000 | PA      | $405380.70     | 0.00%             | 2027-08-18      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578QAF0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     760000 | PA      | $602854.80     | 0.00%             | 2032-10-19      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                                          | Standard Industries Inc/NJ                                                       | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     819000 | PA      | $651563.64     | 0.00%             | 2031-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                                                      | Netflix Inc                                                                      | CUSIP: 64110LAY2<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     445000 | PA      | $431151.60     | 0.00%             | 2025-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN TITAN FIN LTD                                                         | Transocean Titan Financing Ltd                                                   | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     110000 | PA      | $114152.50     | 0.00%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Brambles USA Inc                                                                 | Brambles USA Inc                                                                 | CUSIP: 10510KAC1<br>LEI: 549300ELM3HO6HFZSW59 | Long             | DBT              | CORP              | US        |     110000 | PA      | $107277.50     | 0.00%             | 2025-10-23      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY LP                                                                | Vornado Realty LP                                                                | CUSIP: 929043AK3<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              |  | US        |     120000 | PA      | $104450.40     | 0.00%             | 2026-06-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CAF1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     405596 | PA      | $376871.55     | 0.00%             | 2046-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BM5<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |        100 | PA      | $104.67        | 0.00%             | 2055-11-03      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YBD6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     910000 | PA      | $803075.00     | 0.00%             | 2028-12-10      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                                                           | Chesapeake Energy Corp                                                           | CUSIP: 165167DG9<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     340000 | PA      | $325709.80     | 0.00%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                                                                | Union Electric Co                                                                | CUSIP: 906548CQ3<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     152000 | PA      | $114604.96     | 0.00%             | 2049-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AIA GROUP LTD                                                                    | AIA Group Ltd                                                                    | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $363708.00     | 0.00%             | 2026-04-07      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PBG2<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     370000 | PA      | $298630.70     | 0.00%             | 2050-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    4782000 | PA      | $3536241.18    | 0.02%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FB0<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     485000 | PA      | $420640.50     | 0.00%             | 2047-10-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BL9<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     370000 | PA      | $316501.70     | 0.00%             | 2030-05-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBQ3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     568000 | PA      | $345838.16     | 0.00%             | 2050-10-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| SHEA HOMES LP/FNDG CP                                                            | Shea Homes LP / Shea Homes Funding Corp                                          | CUSIP: 82088KAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     225000 | PA      | $196137.00     | 0.00%             | 2029-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAE4<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     502000 | PA      | $559940.84     | 0.00%             | 2038-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| COTY INC                                                                         | Coty Inc                                                                         | CUSIP: 222070AE4<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |     445000 | PA      | $426278.85     | 0.00%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                        | CUSIP: 95709TAM2<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |     373000 | PA      | $325595.43     | 0.00%             | 2045-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBB8<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     627000 | PA      | $620397.69     | 0.00%             | 2024-02-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2G7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2050000 | PA      | $1813553.00    | 0.01%             | 2030-10-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AW4<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1000000 | PA      | $963180.00     | 0.00%             | 2027-09-27      | Fixed         | 4.85%                 | No            |                  2 | On Loan: —       |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3617QG2H6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     687831 | PA      | $618952.76     | 0.00%             | 2050-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHINA CONSTRUCT BANK/HK                                                          | China Construction Bank Corp/Hong Kong                                           | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | DBT              | CORP              | CN        |     600000 | PA      | $545580.00     | 0.00%             | 2026-04-22      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160AN4<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     980000 | PA      | $1144698.80    | 0.01%             | 2037-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FOMENTO ECONOMICO MEX                                                            | Fomento Economico Mexicano SAB de CV                                             | CUSIP: 344419AC0<br>LEI: 549300A8MDWDJNMLV153 | Long             | DBT              | CORP              | MX        |    1918000 | PA      | $1465869.86    | 0.01%             | 2050-01-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAY4<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     300000 | PA      | $309192.00     | 0.00%             | 2025-11-07      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FE4G6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     168234 | PA      | $165084.62     | 0.00%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WHITE CAP PARENT LLC                                                             | White Cap Parent LLC                                                             | CUSIP: 96351CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     300000 | PA      | $273546.00     | 0.00%             | 2026-03-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2G1<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     318000 | PA      | $277951.08     | 0.00%             | 2027-09-14      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAL9<br>LEI: N/A                  | Long             | DBT              |  | US        |     440000 | PA      | $396312.40     | 0.00%             | 2029-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                | CUSIP: 25179MBF9<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     616000 | PA      | $594957.44     | 0.00%             | 2030-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                    | CUSIP: 461070AL8<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |     204000 | PA      | $198422.64     | 0.00%             | 2024-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TRI POINTE HOMES INC                                                             | Tri Pointe Homes Inc                                                             | CUSIP: 87265HAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     183000 | PA      | $172235.94     | 0.00%             | 2027-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335CBP8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       4056 | PA      | $3982.64       | 0.00%             | 2049-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAV9<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |     559000 | PA      | $461359.47     | 0.00%             | 2032-03-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828K74<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   44200000 | PA      | $42079781.25   | 0.20%             | 2025-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COOPER-STANDARD AUTOMOTI                                                         | Cooper-Standard Automotive Inc                                                   | CUSIP: 216762AH7<br>LEI: ITCH5B3Q4RTX2PH9UN62 | Long             | DBT              | CORP              | US        |     381350 | PA      | $395650.63     | 0.00%             | 2027-03-31      | Fixed         | 13.50%                | No            |                  2 | On Loan: —       |
| State of Israel                                                                  | Israel Government International Bond                                             | CUSIP: 4651387N9<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    1150000 | PA      | $1087865.50    | 0.01%             | 2043-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                                                                       | NetApp Inc                                                                       | CUSIP: 64110DAK0<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |     402000 | PA      | $345454.68     | 0.00%             | 2030-06-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                             | ERAC USA Finance LLC                                                             | CUSIP: 26884TAE2<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     544000 | PA      | $554488.32     | 0.00%             | 2042-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Aramark Services Inc                                                             | Aramark Services Inc                                                             | CUSIP: 038522AP3<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |     473000 | PA      | $466146.23     | 0.00%             | 2025-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBK2<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |      90000 | PA      | $90214.20      | 0.00%             | 2030-07-26      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP                                                            | Northrop Grumman Corp                                                            | CUSIP: 666807BS0<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |     711000 | PA      | $703605.60     | 0.00%             | 2030-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AT HOME GROUP INC                                                                | At Home Group Inc                                                                | CUSIP: 04650YAB6<br>LEI: 549300LGPR0P05O30I24 | Long             | DBT              | CORP              | US        |     325000 | PA      | $199761.25     | 0.00%             | 2029-07-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| APOLLO MANAGEMENT HOLDIN                                                         | Apollo Management Holdings LP                                                    | CUSIP: 03765HAF8<br>LEI: 5493006XQW0V5K38YM64 | Long             | DBT              | CORP              | US        |     718000 | PA      | $609280.44     | 0.00%             | 2030-06-05      | Fixed         | 2.65%                 | No            |                  2 | On Loan: —       |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAA2<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     224000 | PA      | $247856.00     | 0.00%             | 2037-06-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                                         | Uruguay Government International Bond                                            | CUSIP: 917288BA9<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     473589 | PA      | $598062.40     | 0.00%             | 2033-01-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                       | CUSIP: 337738AT5<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    1827000 | PA      | $1736362.53    | 0.01%             | 2026-07-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                                  | Danske Bank A/S                                                                  | CUSIP: 23636AAT8<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |     345000 | PA      | $345200.10     | 0.00%             | 2024-01-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DK0<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    1005000 | PA      | $874038.45     | 0.00%             | 2030-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                                                     | SK Hynix Inc                                                                     | CUSIP: 78392BAE7<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |     800000 | PA      | $812720.00     | 0.00%             | 2028-01-17      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| SERVICE CORP INTL                                                                | Service Corp International/US                                                    | CUSIP: 817565BT0<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     240000 | PA      | $248707.20     | 0.00%             | 2027-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| COLUMBIA PIPELINE GROUP                                                          | Columbia Pipeline Group Inc                                                      | CUSIP: 198280AF6<br>LEI: 549300SRP1TQM9JJBG80 | Long             | DBT              | CORP              | US        |     229000 | PA      | $227087.85     | 0.00%             | 2025-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TMS INTERNATIONAL CORP                                                           | TMS International Corp/DE                                                        | CUSIP: 87261QAC7<br>LEI: 549300L4K0F1YF8WKF23 | Long             | DBT              | CORP              | US        |     230000 | PA      | $174199.70     | 0.00%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AEROPUERTO INTL TOCUMEN                                                          | Aeropuerto Internacional de Tocumen SA                                           | CUSIP: 000000000<br>LEI: 254900FO1PHX49ZIGB14 | Long             | DBT              | CORP              | PA        |     400000 | PA      | $332164.00     | 0.00%             | 2041-08-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                                                      | Netflix Inc                                                                      | CUSIP: 64110LAS5<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    1126000 | PA      | $1125042.90    | 0.01%             | 2028-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     731000 | PA      | $569339.35     | 0.00%             | 2032-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FB5<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |      91000 | PA      | $99872.50      | 0.00%             | 2037-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048BQ0<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     915000 | PA      | $858242.55     | 0.00%             | 2027-11-16      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 90352JAC7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    1020000 | PA      | $979067.40     | 0.00%             | 2028-03-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543BY8<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     606000 | PA      | $844115.58     | 0.00%             | 2039-05-15      | Fixed         | 9.40%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /                                                         | Albion Financing 1 SARL / Aggreko Holdings Inc                                   | CUSIP: 013304AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     371000 | PA      | $334007.59     | 0.00%             | 2026-10-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PANASONIC HOLDINGS CORP                                                          | Panasonic Holdings Corp                                                          | CUSIP: 69832AAB2<br>LEI: 254900GE1G59KGWPHX32 | Long             | DBT              | CORP              | JP        |     245000 | PA      | $235795.35     | 0.00%             | 2024-07-19      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                                         | Corebridge Financial Inc                                                         | CUSIP: 21871XAE9<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     700000 | PA      | $655984.00     | 0.00%             | 2029-04-05      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017CR8<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     767000 | PA      | $728435.24     | 0.00%             | 2027-05-04      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | eBay Inc                                                                         | CUSIP: 278642BA0<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     150000 | PA      | $157546.50     | 0.00%             | 2027-11-22      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBW0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1092000 | PA      | $1013976.60    | 0.00%             | 2027-01-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TV85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     294676 | PA      | $301048.89     | 0.00%             | 2048-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WYNN LAS VEGAS LLC/CORP                                                          | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp                                 | CUSIP: 983130AV7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1215000 | PA      | $1182340.80    | 0.01%             | 2025-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Artera Services LLC                                                              | Artera Services LLC                                                              | CUSIP: 73939VAA2<br>LEI: 549300J2G34D0WX8Z443 | Long             | DBT              | CORP              | US        |     721000 | PA      | $616519.89     | 0.00%             | 2025-12-04      | Fixed         | 9.03%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AY5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     660000 | PA      | $556974.00     | 0.00%             | 2034-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| TURKIYE VAKIFLAR BANKASI                                                         | Turkiye Vakiflar Bankasi TAO                                                     | CUSIP: 000000000<br>LEI: 789000KAIHOLSQKQ9858 | Long             | DBT              | CORP              | TR        |     600000 | PA      | $559638.00     | 0.00%             | 2026-01-08      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJZ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1138000 | PA      | $990799.70     | 0.00%             | 2029-06-14      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                            | CUSIP: 893574AM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     275000 | PA      | $248743.00     | 0.00%             | 2048-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                                                            | Argentina Bonar Bonds                                                            | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    7655703 | PA      | $2356808.17    | 0.01%             | 2030-07-09      | Variable      | 0.50%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123CE9<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     371000 | PA      | $376973.10     | 0.00%             | 2064-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Baxalta Inc                                                                      | Baxalta Inc                                                                      | CUSIP: 07177MAB9<br>LEI: 5493000JW8DCO3T45R55 | Long             | DBT              | CORP              | US        |    1242000 | PA      | $1218948.48    | 0.01%             | 2025-06-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FU7<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     795000 | PA      | $641724.00     | 0.00%             | 2030-09-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                              | Otis Worldwide Corp                                                              | CUSIP: 68902VAK3<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |    1295000 | PA      | $1130042.90    | 0.01%             | 2030-02-15      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162DC1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    1405000 | PA      | $971290.55     | 0.00%             | 2052-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                                                                | L3Harris Technologies Inc                                                        | CUSIP: 413875AW5<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     654000 | PA      | $646858.32     | 0.00%             | 2028-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP                                                          | Korea National Oil Corp                                                          | CUSIP: 50066RAN6<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $319532.00     | 0.00%             | 2030-10-05      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XGHA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     894879 | PA      | $815594.61     | 0.00%             | 2037-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044DN8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     567000 | PA      | $473376.96     | 0.00%             | 2050-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023BV6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     650000 | PA      | $481390.00     | 0.00%             | 2047-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                                                          | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     300000 | PA      | $282108.00     | 0.00%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AK7<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     222000 | PA      | $191805.78     | 0.00%             | 2043-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                                                         | FMC Corp                                                                         | CUSIP: 302491AT2<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     283000 | PA      | $268878.30     | 0.00%             | 2026-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                                                             | Commercial Metals Co                                                             | CUSIP: 201723AQ6<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     200000 | PA      | $178992.00     | 0.00%             | 2030-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   16950000 | PA      | $14913351.56   | 0.07%             | 2047-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   39580000 | PA      | $34969548.64   | 0.17%             | 2028-12-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                             | Royal Bank of Canada                                                             | CUSIP: 780082AD5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     903000 | PA      | $897302.07     | 0.00%             | 2026-01-27      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| TITAN INTERNATIONAL INC                                                          | Titan International Inc                                                          | CUSIP: 88830MAM4<br>LEI: 254900CXRGBE7C4B5A06 | Long             | DBT              | CORP              | US        |     245000 | PA      | $234665.90     | 0.00%             | 2028-04-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   43400000 | PA      | $37995343.75   | 0.18%             | 2028-08-31      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| ODEON FINCO PLC                                                                  | Odeon Finco PLC                                                                  | CUSIP: 67585LAA3<br>LEI: 9845003ECF9901CC5382 | Long             | DBT              | CORP              | GB        |     275000 | PA      | $253492.25     | 0.00%             | 2027-11-01      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                              | Delta Air Lines Inc                                                              | CUSIP: 247361ZX9<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    2410000 | PA      | $2480106.90    | 0.01%             | 2025-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | Tenet Healthcare Corp                                                            | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     485000 | PA      | $450259.45     | 0.00%             | 2028-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150AQ7<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    1226000 | PA      | $1185836.24    | 0.01%             | 2024-08-06      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91086QBG2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1400000 | PA      | $1385986.00    | 0.01%             | 2026-01-21      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK                                                         | Huntington National Bank/The                                                     | CUSIP: 44644MAH4<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |     500000 | PA      | $505115.00     | 0.00%             | 2025-11-18      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558BF9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    1542000 | PA      | $1503079.92    | 0.01%             | 2026-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160CJ1<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     599000 | PA      | $580442.98     | 0.00%             | 2025-01-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAB0<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     639000 | PA      | $630092.34     | 0.00%             | 2024-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                         | CUSIP: 071813CS6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     700000 | PA      | $573209.00     | 0.00%             | 2032-02-01      | Fixed         | 2.54%                 | No            |                  2 | On Loan: —       |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400HR7<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     260000 | PA      | $267802.60     | 0.00%             | 2052-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                           | CUSIP: 776743AG1<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     523000 | PA      | $468665.53     | 0.00%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| SPEEDWAY MOT/SPEEDWAY FD                                                         | Speedway Motorsports LLC / Speedway Funding II Inc                               | CUSIP: 84779MAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     210000 | PA      | $197169.00     | 0.00%             | 2027-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XAW0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    1062000 | PA      | $992566.44     | 0.00%             | 2029-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                                         | Comision Federal de Electricidad                                                 | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $346544.00     | 0.00%             | 2042-02-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CT TRUST                                                                         | CT Trust                                                                         | CUSIP: 000000000<br>LEI: 213800MJB7WO427HQD34 | Long             | DBT              | CORP              | GT        |     400000 | PA      | $350680.00     | 0.00%             | 2032-02-03      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH                                                         | CUSIP: 650009S61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     490000 | PA      | $415496.97     | 0.00%             | 2042-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL                                                          | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: 000000000<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $181092.00     | 0.00%             | 2024-07-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJD2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2094000 | PA      | $1917580.50    | 0.01%             | 2026-06-19      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375CD2<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |     521000 | PA      | $506427.63     | 0.00%             | 2024-11-21      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GEG0<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     685000 | PA      | $618013.85     | 0.00%             | 2030-04-09      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SGK7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     993424 | PA      | $928717.35     | 0.00%             | 2046-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X7VT3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6962589 | PA      | $6163859.06    | 0.03%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   61500000 | PA      | $57776367.50   | 0.28%             | 2024-10-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Kingdom Of Bahrain                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     600000 | PA      | $559800.00     | 0.00%             | 2031-09-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133APVV8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2875953 | PA      | $2433993.11    | 0.01%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana LLC                                                            | Entergy Louisiana LLC                                                            | CUSIP: 29364WBC1<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     325000 | PA      | $285236.25     | 0.00%             | 2050-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                       | CUSIP: 444859BQ4<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    1277000 | PA      | $1125509.49    | 0.01%             | 2027-02-03      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EY4Q1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      45845 | PA      | $43971.17      | 0.00%             | 2031-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NIKE Inc                                                                         | NIKE Inc                                                                         | CUSIP: 654106AE3<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |     290000 | PA      | $265782.10     | 0.00%             | 2045-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FEDEX 2020-1 CLASS AA                                                            | FedEx Corp 2020-1 Class AA Pass Through Trust                                    | CUSIP: 314353AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     165215 | PA      | $135747.36     | 0.00%             | 2034-02-20      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| MAR SUKUK LTD                                                                    | MAR Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 5493000TGLZ3JMN09026 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $748624.00     | 0.00%             | 2025-09-02      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13645RAF1<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     555000 | PA      | $600920.70     | 0.00%             | 2037-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J6GR2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3930140 | PA      | $3855261.10    | 0.02%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063BFR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1200000 | PA      | $1592480.40    | 0.01%             | 2040-03-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| TECK RESOURCES LIMITED                                                           | Teck Resources Ltd                                                               | CUSIP: 878742AZ8<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | DBT              | CORP              | CA        |     362000 | PA      | $348102.82     | 0.00%             | 2043-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Autodesk Inc                                                                     | Autodesk Inc                                                                     | CUSIP: 052769AE6<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |     705000 | PA      | $673317.30     | 0.00%             | 2027-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BC6<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     472000 | PA      | $575103.68     | 0.00%             | 2037-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BS1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     270000 | PA      | $247976.10     | 0.00%             | 2028-02-07      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Mizuho Bank Ltd                                                                  | Mizuho Bank Ltd                                                                  | CUSIP: 60688XAP5<br>LEI: RB0PEZSDGCO3JS6CEU02 | Long             | DBT              | CORP              | JP        |     350000 | PA      | $341656.00     | 0.00%             | 2024-09-25      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J9FE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     156247 | PA      | $157872.44     | 0.00%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY DEDICATED TAX FUND                                         | CUSIP: 59259NZH9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     525000 | PA      | $678425.48     | 0.00%             | 2039-11-15      | Fixed         | 7.34%                 | No            |                  2 | On Loan: No      |
| CLECO CORPORATE HOLDINGS                                                         | Cleco Corporate Holdings LLC                                                     | CUSIP: 18551PAD1<br>LEI: 5493002H80P81B3HXL31 | Long             | DBT              | CORP              | US        |     385000 | PA      | $341756.80     | 0.00%             | 2046-05-01      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140E7KF6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      25521 | PA      | $24667.43      | 0.00%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                        | CUSIP: 00817YAZ1<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |     919000 | PA      | $760656.30     | 0.00%             | 2047-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Wynn Macau Ltd                                                                   | Wynn Macau Ltd                                                                   | CUSIP: 98313RAC0<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |     375000 | PA      | $360746.25     | 0.00%             | 2024-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048AZ1<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    2261000 | PA      | $2100898.59    | 0.01%             | 2026-11-04      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE OKLAHOMA                                                          | Public Service Co of Oklahoma                                                    | CUSIP: 744533BM1<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |     300000 | PA      | $248547.00     | 0.00%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EBG3<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     147000 | PA      | $127103.55     | 0.00%             | 2030-03-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| CHINA CONSTRUCTION BANK                                                          | China Construction Bank Corp                                                     | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | DBT              | CORP              | CN        |    1600000 | PA      | $1510880.00    | 0.01%             | 2030-06-24      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CT4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     540000 | PA      | $543920.40     | 0.00%             | 2024-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| THREE GORGES FIN I KY                                                            | Three Gorges Finance I Cayman Islands Ltd                                        | CUSIP: 000000000<br>LEI: 549300FD0MPTWEITI779 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $145722.00     | 0.00%             | 2049-10-16      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205BE3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1200000 | PA      | $1084872.00    | 0.01%             | 2052-04-20      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co LLC                                                          | AEP Transmission Co LLC                                                          | CUSIP: 00115AAJ8<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     350000 | PA      | $317107.00     | 0.00%             | 2048-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556CS9<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     100000 | PA      | $94444.00      | 0.00%             | 2024-10-18      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FXF23<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     552035 | PA      | $545600.07     | 0.00%             | 2057-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                             | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    1200000 | PA      | $1181076.00    | 0.01%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CIMB BANK BHD                                                                    | CIMB Bank Bhd                                                                    | CUSIP: 12570TAA9<br>LEI: SR3J0ZUTXT7OTFT2VU03 | Long             | DBT              | CORP              | MY        |     400000 | PA      | $360332.00     | 0.00%             | 2027-07-20      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WVT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   14105992 | PA      | $12207916.29   | 0.06%             | 2052-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78013XZU5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    1145000 | PA      | $1109298.90    | 0.01%             | 2024-07-16      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                                                       | Humana Inc                                                                       | CUSIP: 444859BB7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     440000 | PA      | $405930.80     | 0.00%             | 2042-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                                         | Uruguay Government International Bond                                            | CUSIP: 760942AS1<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     850000 | PA      | $1091876.00    | 0.01%             | 2036-03-21      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AJ2<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     251000 | PA      | $279571.33     | 0.00%             | 2029-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Transocean Proteus Ltd                                                           | Transocean Proteus Ltd                                                           | CUSIP: 893829AA9<br>LEI: 5493000CTMQ2LH21VM89 | Long             | DBT              | CORP              | KY        |     144000 | PA      | $145477.44     | 0.00%             | 2024-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKEX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6584219 | PA      | $5569621.59    | 0.03%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NIKE INC                                                                         | NIKE Inc                                                                         | CUSIP: 654106AJ2<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |     567000 | PA      | $538593.30     | 0.00%             | 2027-03-27      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                       | CUSIP: 80282KBB1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    1075000 | PA      | $1029721.00    | 0.00%             | 2025-06-02      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                | CUSIP: 867229AD8<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |     274000 | PA      | $286373.84     | 0.00%             | 2034-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                                            | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BW6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     995000 | PA      | $970831.45     | 0.00%             | 2024-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WISCONSIN PUBLIC SERVICE                                                         | Wisconsin Public Service Corp                                                    | CUSIP: 976843BJ0<br>LEI: 549300BJRHJVYNUMQZ30 | Long             | DBT              | CORP              | US        |     105000 | PA      | $98103.60      | 0.00%             | 2044-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RUWAIS POWER CO PJSC                                                             | Ruwais Power Co PJSC                                                             | CUSIP: 000000000<br>LEI: 635400CH1S8AGGXHLZ09 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $618792.00     | 0.00%             | 2036-08-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BT1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    1060000 | PA      | $867758.40     | 0.00%             | 2031-12-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                                                      | TJX Cos Inc/The                                                                  | CUSIP: 872540AW9<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |     355000 | PA      | $287958.25     | 0.00%             | 2031-05-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                  | CUSIP: 98388MAD9<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |     450000 | PA      | $445563.00     | 0.00%             | 2032-06-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 1/2                                                          | Scentre Group Trust 1 / Scentre Group Trust 2                                    | CUSIP: 80622GAE4<br>LEI: N/A                  | Long             | DBT              |  | AU        |     915000 | PA      | $852953.85     | 0.00%             | 2030-05-28      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| INFRABUILD AUSTRALIA PTY                                                         | Infrabuild Australia Pty Ltd                                                     | CUSIP: 45682RAA8<br>LEI: 549300W2CPB5W6GFH859 | Long             | DBT              | CORP              | AU        |     195000 | PA      | $185234.40     | 0.00%             | 2024-10-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: —       |
| ARAMARK SERVICES INC                                                             | Aramark Services Inc                                                             | CUSIP: 038522AR9<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |     895000 | PA      | $894928.40     | 0.00%             | 2025-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |          0 | PA      | $0.00          | 0.00%             | 2023-10-17      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWMP6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2069198 | PA      | $2037260.85    | 0.01%             | 2034-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP                                                          | Australia & New Zealand Banking Group Ltd                                        | CUSIP: 052528AM8<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    2155000 | PA      | $1669306.10    | 0.01%             | 2035-11-25      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555CN2<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     321000 | PA      | $282242.46     | 0.00%             | 2042-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                                              | NCL Corp Ltd                                                                     | CUSIP: 62886HAP6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     455000 | PA      | $427135.80     | 0.00%             | 2024-12-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Darling Ingredients Inc                                                          | Darling Ingredients Inc                                                          | CUSIP: 237266AH4<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |     397000 | PA      | $387130.58     | 0.00%             | 2027-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAJ3<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     345000 | PA      | $302113.05     | 0.00%             | 2030-01-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| HUBBELL INC                                                                      | Hubbell Inc                                                                      | CUSIP: 443510AK8<br>LEI: 54930088VDQ6840Y6597 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4131.20       | 0.00%             | 2031-03-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A3F6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     200000 | PA      | $186534.00     | 0.00%             | 2025-01-07      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS INTL PL                                                         | Johnson Controls International plc                                               | CUSIP: 478375AR9<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | IE        |     362000 | PA      | $355328.34     | 0.00%             | 2026-02-14      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ALLEGHANY CORP                                                                   | Alleghany Corp                                                                   | CUSIP: 017175AE0<br>LEI: 549300DCJE6AYX159479 | Long             | DBT              | CORP              | US        |      35000 | PA      | $33237.75      | 0.00%             | 2030-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NY & PRESBYTERIAN HOSPIT                                                         | New York and Presbyterian Hospital/The                                           | CUSIP: 649322AF1<br>LEI: 19EOSPKL8HML7MY3UE63 | Long             | DBT              | CORP              | US        |     377000 | PA      | $282327.76     | 0.00%             | 2119-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SYLVAMO CORP                                                                     | Sylvamo Corp                                                                     | CUSIP: 87133LAA8<br>LEI: 5493001AOYU1ZOWOC971 | Long             | DBT              | CORP              | US        |     335000 | PA      | $320930.00     | 0.00%             | 2029-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AJ2<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    1611000 | PA      | $1539503.82    | 0.01%             | 2025-01-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                     | CUSIP: 456837AV5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     440000 | PA      | $395340.00     | 0.00%             | 2027-04-01      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                    | CUSIP: 472319AM4<br>LEI: NY9Q8VBNB6D1L6YV0J84 | Long             | DBT              | CORP              | US        |     100000 | PA      | $105254.00     | 0.00%             | 2043-01-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips                                                                   | ConocoPhillips                                                                   | CUSIP: 20825CAP9<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | DBT              | CORP              | US        |     200000 | PA      | $222200.00     | 0.00%             | 2038-05-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BJ0<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     859000 | PA      | $855014.24     | 0.00%             | 2049-03-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| VITERRA FINANCE BV                                                               | Viterra Finance BV                                                               | CUSIP: 92852LAD1<br>LEI: 213800HBZGEIZLKJBI17 | Long             | DBT              | CORP              | NL        |     555000 | PA      | $496236.60     | 0.00%             | 2032-04-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Republic of Portugal                                                             | Portugal Government International Bond                                           | CUSIP: 737271AE6<br>LEI: 549300P6U1FJ3IMP7K42 | Long             | DBT              | NUSS              | PT        |     300000 | PA      | $301377.00     | 0.00%             | 2024-10-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WFAN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      20079 | PA      | $19067.84      | 0.00%             | 2030-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEJ7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     955000 | PA      | $941305.30     | 0.00%             | 2032-05-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Lamar Funding Ltd                                                                | Lamar Funding Ltd                                                                | CUSIP: 000000000<br>LEI: 549300TSXHL7X0727895 | Long             | DBT              | CORP              | KY        |     775000 | PA      | $743031.25     | 0.00%             | 2025-05-07      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833DY3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     906000 | PA      | $736423.98     | 0.00%             | 2030-08-20      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                            | CUSIP: 575718AG6<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |     275000 | PA      | $216689.00     | 0.00%             | 2050-07-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 744320AN2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     629000 | PA      | $616709.34     | 0.00%             | 2044-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                                                         | SeaWorld Parks & Entertainment Inc                                               | CUSIP: 81282UAC6<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |     100000 | PA      | $102647.00     | 0.00%             | 2025-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                                        | CUSIP: 66285WFB7<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    1248000 | PA      | $1596979.49    | 0.01%             | 2049-01-01      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GBA5<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $449368.00     | 0.00%             | 2032-10-14      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2016-1 B PTT                                                          | United Airlines 2016-1 Class B Pass Through Trust                                | CUSIP: 90933HAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     237280 | PA      | $217894.31     | 0.00%             | 2026-01-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: —       |
| NEWMONT CORP                                                                     | Newmont Corp                                                                     | CUSIP: 651639AY2<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     685000 | PA      | $573406.65     | 0.00%             | 2030-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                                                            | Novartis Capital Corp                                                            | CUSIP: 66989HAF5<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     275000 | PA      | $244917.75     | 0.00%             | 2042-09-21      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| GRAHAM PACKAGING/GPC CAP                                                         | Graham Packaging Co Inc                                                          | CUSIP: 384701AA6<br>LEI: 549300YS0ZFT826HIK72 | Long             | DBT              | CORP              | US        |     345000 | PA      | $303068.70     | 0.00%             | 2028-08-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     671000 | PA      | $789116.13     | 0.00%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| DIAMOND BC BV                                                                    | Diamond BC BV                                                                    | CUSIP: 25257DAA6<br>LEI: 549300SWLHWJF3D4N658 | Long             | DBT              | CORP              | NL        |     355000 | PA      | $298274.55     | 0.00%             | 2029-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NORFOLK SOUTHERN CORP                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844CL0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     100000 | PA      | $69886.00      | 0.00%             | 2051-08-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Federal National Mortgage Association                                            | CUSIP: 3135G0V34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |    1220000 | PA      | $1192354.80    | 0.01%             | 2024-02-05      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CADENCE BANK                                                                     | Cadence Bank                                                                     | CUSIP: 05971JAA0<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | DBT              | CORP              | US        |     225000 | PA      | $214740.00     | 0.00%             | 2029-11-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBF2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1299000 | PA      | $1236466.14    | 0.01%             | 2025-10-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Medtronic Inc                                                                    | Medtronic Inc                                                                    | CUSIP: 585055BT2<br>LEI: D56MRZY2INAN94ZONZ37 | Long             | DBT              | CORP              | US        |    1058000 | PA      | $1052540.72    | 0.01%             | 2035-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044CT6<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     346000 | PA      | $338661.34     | 0.00%             | 2043-08-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES LLC/CO-OBL                                                          | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc                          | CUSIP: 05724BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     151000 | PA      | $148651.95     | 0.00%             | 2030-05-01      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                  | CUSIP: 902494BK8<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |     813000 | PA      | $798845.67     | 0.00%             | 2029-03-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| COTERRA ENERGY INC                                                               | Coterra Energy Inc                                                               | CUSIP: 127097AG8<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | DBT              | CORP              | US        |     660000 | PA      | $633804.60     | 0.00%             | 2027-05-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                                                           | Credit Suisse AG/New York NY                                                     | CUSIP: 22550L2L4<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |     530000 | PA      | $542974.40     | 0.00%             | 2025-01-09      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | Bombardier Inc                                                                   | CUSIP: 097751BV2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     807000 | PA      | $803852.70     | 0.00%             | 2026-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280AU3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     605000 | PA      | $594067.65     | 0.00%             | 2025-08-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL BDC                                                                | Golub Capital BDC Inc                                                            | CUSIP: 38173MAA0<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |     214000 | PA      | $207550.04     | 0.00%             | 2024-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                | CUSIP: 04010LAZ6<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     512000 | PA      | $482222.08     | 0.00%             | 2026-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTL 20 LTD                                                         | CK Hutchison International 20 Ltd                                                | CUSIP: 12564HAA3<br>LEI: 254900SSPRZHBMNJF043 | Long             | DBT              | CORP              | KY        |     855000 | PA      | $740831.85     | 0.00%             | 2030-05-08      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                                              | Macquarie Group Ltd                                                              | CUSIP: 55608JBF4<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     490000 | PA      | $490940.80     | 0.00%             | 2026-08-09      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   16500000 | PA      | $14933789.15   | 0.07%             | 2026-05-31      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                                            | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    1000000 | PA      | $972610.00     | 0.00%             | 2050-06-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| SERVICENOW INC                                                                   | ServiceNow Inc                                                                   | CUSIP: 81762PAE2<br>LEI: 549300HJTQM36M0E1G39 | Long             | DBT              | CORP              | US        |    1415000 | PA      | $1121373.35    | 0.01%             | 2030-09-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| ACTIVISION BLIZZARD                                                              | Activision Blizzard Inc                                                          | CUSIP: 00507VAP4<br>LEI: 549300TPQQDBP9GNOF40 | Long             | DBT              | CORP              | US        |     698000 | PA      | $565945.38     | 0.00%             | 2030-09-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AM7<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     270000 | PA      | $265423.50     | 0.00%             | 2024-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BJ4<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     419000 | PA      | $376944.97     | 0.00%             | 2029-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                                                       | Hasbro Inc                                                                       | CUSIP: 418056AZ0<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     516000 | PA      | $471613.68     | 0.00%             | 2029-11-19      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448CM8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     818000 | PA      | $811169.70     | 0.00%             | 2024-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VAG5<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     985000 | PA      | $983926.35     | 0.00%             | 2024-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC                                                           | GE HealthCare Technologies Inc                                                   | CUSIP: 36267VAL7<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |     790000 | PA      | $911644.20     | 0.00%             | 2052-11-22      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525AK9<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |    1230000 | PA      | $1229102.10    | 0.01%             | 2045-05-20      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543CR2<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     350000 | PA      | $353570.00     | 0.00%             | 2048-11-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CME GROUP INC                                                                    | CME Group Inc                                                                    | CUSIP: 12572QAK1<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |     340000 | PA      | $297003.60     | 0.00%             | 2032-03-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJP5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2362000 | PA      | $1991425.82    | 0.01%             | 2032-03-11      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE INSURANCE                                                          | New York Life Insurance Co                                                       | CUSIP: 64952GAF5<br>LEI: TAE73CY392TBWJ3O3305 | Long             | DBT              | CORP              | US        |     454000 | PA      | $534367.08     | 0.00%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                         | CUSIP: 298785GQ3<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     660000 | PA      | $640134.00     | 0.00%             | 2024-10-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                              | CUSIP: 302635AK3<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |     325000 | PA      | $276974.75     | 0.00%             | 2028-10-12      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Woori Bank                                                                       | Woori Bank                                                                       | CUSIP: 98105HAC4<br>LEI: 549300VUVMRL6RE7R376 | Long             | DBT              | CORP              | KR        |     250000 | PA      | $247450.00     | 0.00%             | 2024-04-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HA4<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     250000 | PA      | $228845.00     | 0.00%             | 2054-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KBY5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     638000 | PA      | $576069.34     | 0.00%             | 2027-01-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200BB6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     238000 | PA      | $261276.40     | 0.00%             | 2032-11-29      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582AN2<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     663000 | PA      | $714747.15     | 0.00%             | 2040-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR-OHIO INC OH REVENUE                                            | CUSIP: 02765UDN1<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |     175000 | PA      | $193626.65     | 0.00%             | 2047-02-15      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058KA0<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    2027000 | PA      | $1723578.37    | 0.01%             | 2031-11-03      | Fixed         | 1.63%                 | No            |                  2 | On Loan: —       |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                              | CUSIP: 14149YBM9<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     269000 | PA      | $226726.65     | 0.00%             | 2047-06-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61744YAK4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1941000 | PA      | $1837971.72    | 0.01%             | 2028-07-22      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                                                         | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                             | CUSIP: 983133AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     485000 | PA      | $486644.15     | 0.00%             | 2025-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCR0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1079000 | PA      | $1066861.25    | 0.01%             | 2024-04-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582CH3<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |     998000 | PA      | $780236.40     | 0.00%             | 2050-04-06      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| JMH CO LTD                                                                       | JMH Co Ltd                                                                       | CUSIP: 000000000<br>LEI: 213800C5GDLSGQEMM574 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $317280.00     | 0.00%             | 2036-04-09      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                                              | SVB Financial Group                                                              | CUSIP: 78486QAS0<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |     655000 | PA      | $602442.80     | 0.00%             | 2033-04-29      | Fixed         | 4.57%                 | No            |                  2 | On Loan: —       |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 264399ED4<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     245000 | PA      | $274488.20     | 0.00%             | 2032-10-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAN9<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |      82000 | PA      | $72301.86      | 0.00%             | 2048-03-07      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140L6P99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1645335 | PA      | $1391285.83    | 0.01%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DUKE UNIVERSITY                                                                  | Duke University                                                                  | CUSIP: 26442TAF4<br>LEI: FY5ICUIRRDCHN4HHL592 | Long             | DBT              | CORP              | US        |     275000 | PA      | $213416.50     | 0.00%             | 2044-10-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                   | CUSIP: 406216BA8<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |     320000 | PA      | $285792.00     | 0.00%             | 2041-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                                                           | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AL4<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |     500000 | PA      | $484530.00     | 0.00%             | 2025-04-07      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL                                                         | Jackson National Life Global Funding                                             | CUSIP: 46849LTK7<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |     425000 | PA      | $408803.25     | 0.00%             | 2024-06-21      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| HELIOS SOFT/ION CORP SOL                                                         | Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl              | CUSIP: 42329HAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     275000 | PA      | $220937.75     | 0.00%             | 2028-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PT ADARO INDONESIA                                                               | Adaro Indonesia PT                                                               | CUSIP: 000000000<br>LEI: 2549009Z0YED3S2BID40 | Long             | DBT              | CORP              | ID        |     500000 | PA      | $482565.00     | 0.00%             | 2024-10-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                                                        | WRKCo Inc                                                                        | CUSIP: 96145DAB1<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     784000 | PA      | $756748.16     | 0.00%             | 2024-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAT4<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     304000 | PA      | $290180.16     | 0.00%             | 2025-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525BJ1<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     440000 | PA      | $346451.60     | 0.00%             | 2050-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PLDT INC                                                                         | PLDT Inc                                                                         | CUSIP: 000000000<br>LEI: 254900ADE8GQHM5P2648 | Long             | DBT              | CORP              | PH        |     400000 | PA      | $276288.00     | 0.00%             | 2050-06-23      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38145GAH3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1944000 | PA      | $1866900.96    | 0.01%             | 2026-11-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ADANI GREEN ENERGY LTD                                                           | Adani Green Energy Ltd                                                           | CUSIP: 000000000<br>LEI: 335800ZBBU81OH211H17 | Long             | DBT              | CORP              | IN        |     600000 | PA      | $465528.00     | 0.00%             | 2024-09-08      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                             | ERAC USA Finance LLC                                                             | CUSIP: 26882PAR3<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |      78000 | PA      | $85704.84      | 0.00%             | 2034-06-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TZ65<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     426213 | PA      | $428642.42     | 0.00%             | 2048-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| XILINX INC                                                                       | Xilinx Inc                                                                       | CUSIP: 983919AK7<br>LEI: 6EY4K7ZMF9UX1CU6KC79 | Long             | DBT              | CORP              | US        |     871000 | PA      | $757822.26     | 0.00%             | 2030-06-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAS7<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     563000 | PA      | $492979.69     | 0.00%             | 2048-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CHINA EVERBRIGHT BK/LUX                                                          | China Everbright Bank Co Ltd/Luxembourg                                          | CUSIP: 000000000<br>LEI: 549300U6PKQ4H1P34E17 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $187706.00     | 0.00%             | 2024-09-14      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                                                      | Apache Corp                                                                      | CUSIP: 037411BA2<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     310000 | PA      | $245386.70     | 0.00%             | 2043-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAW8<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     546000 | PA      | $487627.14     | 0.00%             | 2030-05-13      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                                                             | Saudi Arabian Oil Co                                                             | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    2000000 | PA      | $1880740.00    | 0.01%             | 2029-04-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LEIDOS INC                                                                       | Leidos Inc                                                                       | CUSIP: 52532XAF2<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |     850000 | PA      | $803292.50     | 0.00%             | 2030-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KAR Auction Services Inc                                                         | KAR Auction Services Inc                                                         | CUSIP: 48238TAA7<br>LEI: 5493004HKD20LBSG7D03 | Long             | DBT              | CORP              | US        |     314000 | PA      | $308618.04     | 0.00%             | 2025-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LIMA METRO LINE 2 FIN LT                                                         | Lima Metro Line 2 Finance Ltd                                                    | CUSIP: 000000000<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | KY        |     326232 | PA      | $319384.19     | 0.00%             | 2034-07-05      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                           | WESCO Distribution Inc                                                           | CUSIP: 95081QAN4<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     846000 | PA      | $859459.86     | 0.00%             | 2025-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                    | CUSIP: 461070AG9<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |     265000 | PA      | $289390.60     | 0.00%             | 2039-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TURKIYE IS BANKASI A.S                                                           | Turkiye Is Bankasi AS                                                            | CUSIP: 000000000<br>LEI: 789000FIRX9MDN0KTM91 | Long             | DBT              | CORP              | TR        |     600000 | PA      | $591330.00     | 0.00%             | 2024-04-25      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| THOR INDUSTRIES                                                                  | Thor Industries Inc                                                              | CUSIP: 885160AA9<br>LEI: 254900XZO1228PDSG060 | Long             | DBT              | CORP              | US        |     325000 | PA      | $270188.75     | 0.00%             | 2029-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DBH1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     768000 | PA      | $599930.88     | 0.00%             | 2050-05-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| KALLPA GENERACION SA                                                             | Kallpa Generacion SA                                                             | CUSIP: 000000000<br>LEI: 549300NG1PWEI5BZG095 | Long             | DBT              | CORP              | PE        |     200000 | PA      | $194484.00     | 0.00%             | 2026-05-24      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                                       | JPMBB Commercial Mortgage Securities Trust 2014-C18                              | CUSIP: 46641JAW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5097000 | PA      | $4994905.10    | 0.02%             | 2047-02-15      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP                                                              | Select Medical Corp                                                              | CUSIP: 816196AT6<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |    1050000 | PA      | $1025398.50    | 0.00%             | 2026-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| MINMETALS BOUNTEOUS FIN                                                          | Minmetals Bounteous Finance BVI Ltd                                              | CUSIP: 000000000<br>LEI: 3003005FATJ63Y0MR949 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $972420.00     | 0.00%             | 2024-09-03      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                 | CUSIP: 026874DL8<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     829000 | PA      | $791769.61     | 0.00%             | 2048-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CF Industries Inc                                                                | CF Industries Inc                                                                | CUSIP: 12527GAF0<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |     475000 | PA      | $469238.25     | 0.00%             | 2034-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CASTLELAKE AVIATION FIN                                                          | Castlelake Aviation Finance DAC                                                  | CUSIP: 14856HAA6<br>LEI: 2138006F7SMD1COVC345 | Long             | DBT              | CORP              | IE        |     272000 | PA      | $248017.76     | 0.00%             | 2027-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBJ3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     416000 | PA      | $392146.56     | 0.00%             | 2026-09-06      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7XJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     414280 | PA      | $401180.44     | 0.00%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd                                                                    | Aircastle Ltd                                                                    | CUSIP: 00928QAQ4<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |     610000 | PA      | $597226.60     | 0.00%             | 2024-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Oil India Ltd                                                                    | Oil India Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800XXEP14XISP1A16 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $399192.00     | 0.00%             | 2024-04-17      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RNX3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     119193 | PA      | $117684.14     | 0.00%             | 2045-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AmerisourceBergen Corp                                                           | AmerisourceBergen Corp                                                           | CUSIP: 03073EAQ8<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |     713500 | PA      | $643662.62     | 0.00%             | 2047-12-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                                                         | Petrobras Global Finance BV                                                      | CUSIP: 71647NBE8<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     600000 | PA      | $567156.00     | 0.00%             | 2030-01-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WD4C2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      68840 | PA      | $68849.06      | 0.00%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| China Cinda Finance 2017                                                         | China Cinda Finance 2017 I Ltd                                                   | CUSIP: 000000000<br>LEI: 549300FRGSV52FLG5T09 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $193792.00     | 0.00%             | 2027-03-09      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Banco de Bogota SA                                                               | Banco de Bogota SA                                                               | CUSIP: 000000000<br>LEI: 549300LYHE7LWSKDZT53 | Long             | DBT              | CORP              | CO        |     800000 | PA      | $794560.00     | 0.00%             | 2026-05-12      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS PLC                                                                  | BAE Systems PLC                                                                  | CUSIP: 05523RAC1<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |     240000 | PA      | $255933.60     | 0.00%             | 2041-10-11      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                                                         | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |     305000 | PA      | $266039.30     | 0.00%             | 2029-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DISCOVER BANK                                                                    | Discover Bank                                                                    | CUSIP: 25466AAQ4<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |    1390000 | PA      | $1330424.60    | 0.01%             | 2024-09-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                      | CUSIP: 64966JAR7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     250000 | PA      | $287978.00     | 0.00%             | 2037-12-01      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VEN0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     837000 | PA      | $815145.93     | 0.00%             | 2025-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468V4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2345000 | PA      | $2087284.50    | 0.01%             | 2026-12-10      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| COOPER-STANDARD AUTOMOTI                                                         | Cooper-Standard Automotive Inc                                                   | CUSIP: 216762AJ3<br>LEI: ITCH5B3Q4RTX2PH9UN62 | Long             | DBT              | CORP              | US        |     263000 | PA      | $126250.52     | 0.00%             | 2027-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| Aon Corp                                                                         | Aon Corp                                                                         | CUSIP: 037389AU7<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |     190000 | PA      | $207081.00     | 0.00%             | 2040-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2018-C47                                   | CUSIP: 95002DBG3<br>LEI: 549300VHRKFNCWVN9Y77 | Long             | ABS-MBS          | CORP              | US        |    3000000 | PA      | $2947954.56    | 0.01%             | 2061-09-15      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BA2<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     820000 | PA      | $690194.00     | 0.00%             | 2032-04-23      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RBS6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     215000 | PA      | $260513.35     | 0.00%             | 2038-04-08      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| COSTAR GROUP INC                                                                 | CoStar Group Inc                                                                 | CUSIP: 22160NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1147000 | PA      | $968423.57     | 0.00%             | 2030-07-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN                                                         | Blue Racer Midstream LLC / Blue Racer Finance Corp                               | CUSIP: 095796AH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     360000 | PA      | $365533.20     | 0.00%             | 2025-12-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                            | CUSIP: 73358WRP1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     100000 | PA      | $104406.30     | 0.00%             | 2046-08-01      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UGE6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     156542 | PA      | $159917.03     | 0.00%             | 2048-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MTR CORP CI LTD                                                                  | MTR Corp CI Ltd                                                                  | CUSIP: 000000000<br>LEI: 254900SEVE6JAZLGDW04 | Long             | DBT              | CORP              | KY        |     510000 | PA      | $476982.60     | 0.00%             | 2026-11-02      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Arrow Electronics Inc                                                            | Arrow Electronics Inc                                                            | CUSIP: 042735BE9<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |     274000 | PA      | $267824.04     | 0.00%             | 2025-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE BANK INDIA/LONDON                                                          | State Bank of India/London                                                       | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | DBT              | CORP              | IN        |     600000 | PA      | $536448.00     | 0.00%             | 2026-07-13      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582AD4<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    1713000 | PA      | $2001691.89    | 0.01%             | 2038-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                                               | Conagra Brands Inc                                                               | CUSIP: 205887CA8<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     796000 | PA      | $787705.68     | 0.00%             | 2024-05-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ITC Holdings Corp                                                                | ITC Holdings Corp                                                                | CUSIP: 465685AJ4<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     240000 | PA      | $235353.60     | 0.00%             | 2024-06-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBT7<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     315000 | PA      | $317715.30     | 0.00%             | 2033-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Vulcan Materials Co                                                              | Vulcan Materials Co                                                              | CUSIP: 929160AY5<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |     402000 | PA      | $368682.24     | 0.00%             | 2048-03-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| VONTIER CORP                                                                     | Vontier Corp                                                                     | CUSIP: 928881AB7<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |    1178000 | PA      | $1024636.18    | 0.00%             | 2026-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                                                           | Credit Suisse AG/New York NY                                                     | CUSIP: 22550L2E0<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |     625000 | PA      | $587731.25     | 0.00%             | 2024-02-02      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| EMPRESA NACIONAL DEL PET                                                         | Empresa Nacional del Petroleo                                                    | CUSIP: 000000000<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $565188.00     | 0.00%             | 2026-08-05      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SUMMIT MATERIALS LLC/FIN                                                         | Summit Materials LLC / Summit Materials Finance Corp                             | CUSIP: 86614RAN7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     535000 | PA      | $502605.75     | 0.00%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                | CUSIP: 37045VAH3<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     328000 | PA      | $301687.84     | 0.00%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BX7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     475000 | PA      | $320406.50     | 0.00%             | 2061-08-12      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780DS2<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     400000 | PA      | $421924.00     | 0.00%             | 2053-01-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| GLATFELTER                                                                       | Glatfelter Corp                                                                  | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |     325000 | PA      | $227724.25     | 0.00%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| CHILE ELEC PEC SPA                                                               | Chile Electricity PEC SpA                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |     200000 | PA      | $148216.00     | 0.00%             | 2028-01-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                     | CUSIP: 02079KAE7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    2137000 | PA      | $1504234.30    | 0.01%             | 2040-08-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KAE3<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    2160000 | PA      | $2099995.20    | 0.01%             | 2025-05-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GAF9<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    1224000 | PA      | $1187524.80    | 0.01%             | 2025-03-06      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJM96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     421601 | PA      | $391743.10     | 0.00%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WNK43<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      27239 | PA      | $27343.34      | 0.00%             | 2047-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust LP                                                          | Digital Realty Trust LP                                                          | CUSIP: 25389JAR7<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |     785000 | PA      | $746629.20     | 0.00%             | 2027-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBH7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     717000 | PA      | $633971.40     | 0.00%             | 2029-09-06      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FGR31<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3600000 | PA      | $3571798.82    | 0.02%             | 2028-06-25      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORP                                                                     | Seaspan Corp                                                                     | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |     500000 | PA      | $379595.00     | 0.00%             | 2029-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CT7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     880000 | PA      | $905731.20     | 0.00%             | 2052-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CK HUTCH INTL 17 II LTD                                                          | CK Hutchison International 17 II Ltd                                             | CUSIP: 12563XAC5<br>LEI: 254900F7C0PB6TKONV55 | Long             | DBT              | CORP              | KY        |     483000 | PA      | $456270.78     | 0.00%             | 2027-09-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| JOY TRSR ASSETS HLD                                                              | Joy Treasure Assets Holdings Inc                                                 | CUSIP: 000000000<br>LEI: 2549002TXU15P8D3F498 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $867520.00     | 0.00%             | 2029-09-24      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Orange SA                                                                        | Orange SA                                                                        | CUSIP: 685218AB5<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |     759000 | PA      | $803872.08     | 0.00%             | 2044-02-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WBA9<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |     413000 | PA      | $273790.09     | 0.00%             | 2061-02-09      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7NJ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     181076 | PA      | $177686.15     | 0.00%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                        | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C23                      | CUSIP: 61690QAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     500000 | PA      | $482857.39     | 0.00%             | 2050-07-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                                                         | SLM Corp                                                                         | CUSIP: 78442PGD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     320000 | PA      | $299686.40     | 0.00%             | 2025-10-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                                                              | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     595000 | PA      | $531239.80     | 0.00%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWCT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   28233752 | PA      | $23812577.97   | 0.11%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBR0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     690000 | PA      | $610919.10     | 0.00%             | 2026-09-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| YARA INTERNATIONAL ASA                                                           | Yara International ASA                                                           | CUSIP: 984851AG0<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |     505000 | PA      | $424063.65     | 0.00%             | 2030-06-04      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                                                                        | Mosaic Co/The                                                                    | CUSIP: 61945CAE3<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |     340000 | PA      | $341506.20     | 0.00%             | 2043-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWM84<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1919954 | PA      | $1823514.09    | 0.01%             | 2032-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   45100000 | PA      | $39980445.54   | 0.19%             | 2028-05-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                        | CUSIP: 13032UD88<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |      55000 | PA      | $52092.59      | 0.00%             | 2037-06-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| TELFON CELUAR DEL PARAGU                                                         | Telefonica Celular del Paraguay SA                                               | CUSIP: 000000000<br>LEI: 254900R8A8IKGF4THL54 | Long             | DBT              | CORP              | PY        |     400000 | PA      | $375284.00     | 0.00%             | 2027-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607GRR7<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |     325000 | PA      | $295503.00     | 0.00%             | 2025-10-23      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY DIRECT                                                            | Morgan Stanley Direct Lending Fund                                               | CUSIP: 61774AAD5<br>LEI: 549300QEX22T2J8IB029 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4788.40       | 0.00%             | 2027-02-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc                                                           | Motorola Solutions Inc                                                           | CUSIP: 620076BE8<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |     288000 | PA      | $278582.40     | 0.00%             | 2044-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                              | Georgia-Pacific LLC                                                              | CUSIP: 373298BR8<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     323000 | PA      | $375891.25     | 0.00%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KK6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     993000 | PA      | $756795.09     | 0.00%             | 2040-05-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                              | FS KKR Capital Corp                                                              | CUSIP: 302635AG2<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |     420000 | PA      | $383796.00     | 0.00%             | 2026-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC                                                                | CBRE Services Inc                                                                | CUSIP: 12505BAE0<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |     728000 | PA      | $615618.64     | 0.00%             | 2031-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ITC Holdings Corp                                                                | ITC Holdings Corp                                                                | CUSIP: 465685AP0<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     613000 | PA      | $581160.78     | 0.00%             | 2027-11-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                        | CUSIP: 023551AM6<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |     450000 | PA      | $503203.50     | 0.00%             | 2033-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122CP1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1769000 | PA      | $1686706.12    | 0.01%             | 2029-07-26      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| H&E EQUIPMENT SERVICES                                                           | H&E Equipment Services Inc                                                       | CUSIP: 404030AJ7<br>LEI: 254900KVLRCDMQRYY541 | Long             | DBT              | CORP              | US        |     825000 | PA      | $727617.00     | 0.00%             | 2028-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111EH2<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |      60000 | PA      | $61940.40      | 0.00%             | 2035-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                                                         | Charles River Laboratories International Inc                                     | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |     305000 | PA      | $282637.40     | 0.00%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                                                       | Carvana Co                                                                       | CUSIP: 146869AF9<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     390000 | PA      | $175511.70     | 0.00%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MEXICO GENERADORA DE ENE                                                         | Mexico Generadora de Energia S de rl                                             | CUSIP: 000000000<br>LEI: 635400GBINBYW1VUAD14 | Long             | DBT              | CORP              | MX        |     273400 | PA      | $265247.21     | 0.00%             | 2032-12-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                              | CUSIP: 210518DH6<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     266000 | PA      | $214741.80     | 0.00%             | 2051-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CE7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1590000 | PA      | $1516796.40    | 0.01%             | 2025-11-07      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INSTITUTE OF                                                          | California Institute of Technology                                               | CUSIP: 13034VAB0<br>LEI: 549300CITPNHOTVPHC04 | Long             | DBT              | CORP              | US        |     295000 | PA      | $275913.50     | 0.00%             | 2045-08-01      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                 | CUSIP: 026874DF1<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     784000 | PA      | $749864.64     | 0.00%             | 2045-07-10      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Marathon Oil Corp                                                                | Marathon Oil Corp                                                                | CUSIP: 565849AB2<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | DBT              | CORP              | US        |     552000 | PA      | $592930.80     | 0.00%             | 2032-03-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AX7<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     180000 | PA      | $137660.40     | 0.00%             | 2050-03-12      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2U7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     453000 | PA      | $382771.41     | 0.00%             | 2033-01-20      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044CN9<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     633000 | PA      | $637000.56     | 0.00%             | 2040-07-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| TECK RESOURCES LIMITED                                                           | Teck Resources Ltd                                                               | CUSIP: 878744AB7<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | DBT              | CORP              | CA        |     358000 | PA      | $333072.46     | 0.00%             | 2042-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                                           | Roper Technologies Inc                                                           | CUSIP: 776743AB2<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     750000 | PA      | $734137.50     | 0.00%             | 2025-12-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                                                         | Corporate Office Properties LP                                                   | CUSIP: 22003BAM8<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |      60000 | PA      | $46837.20      | 0.00%             | 2031-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NORDIC INVESTMENT BANK                                                           | Nordic Investment Bank                                                           | CUSIP: 65562QBT1<br>LEI: 213800HYL1S7VAXG6Z48 | Long             | DBT              | NUSS              | XX        |     295000 | PA      | $285421.35     | 0.00%             | 2025-04-04      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION CO LLC                                                          | AEP Transmission Co LLC                                                          | CUSIP: 00115AAN9<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     105000 | PA      | $72004.80      | 0.00%             | 2051-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128283Z1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   17300000 | PA      | $16814789.15   | 0.08%             | 2025-02-28      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CU1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     790000 | PA      | $800633.40     | 0.00%             | 2025-11-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER                                                           | Indiana Michigan Power Co                                                        | CUSIP: 454889AT3<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |     341000 | PA      | $296502.91     | 0.00%             | 2048-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1390000 | PA      | $970470.20     | 0.00%             | 2061-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                                                        | GATX Corp                                                                        | CUSIP: 361448AZ6<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     223000 | PA      | $212958.31     | 0.00%             | 2027-03-30      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                                                            | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     545000 | PA      | $491164.90     | 0.00%             | 2028-07-21      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                                                                     | Stryker Corp                                                                     | CUSIP: 863667AZ4<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     156000 | PA      | $112185.84     | 0.00%             | 2050-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ABU DHABI NATIONAL ENERG                                                         | Abu Dhabi National Energy Co PJSC                                                | CUSIP: 000000000<br>LEI: 213800UNJSVQFNUYYW03 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $197408.00     | 0.00%             | 2024-05-06      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                             | CUSIP: 281020AU1<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     290000 | PA      | $286151.70     | 0.00%             | 2025-08-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                                 | CUSIP: 57582RYY6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     550000 | PA      | $408368.40     | 0.00%             | 2049-09-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                     | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    1950000 | PA      | $1666860.00    | 0.01%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TELEFLEX INC                                                                     | Teleflex Inc                                                                     | CUSIP: 879369AG1<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |     355000 | PA      | $327917.05     | 0.00%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                              | CUSIP: 002824BG4<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |     596000 | PA      | $622951.12     | 0.00%             | 2036-11-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAV0<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     500000 | PA      | $490490.00     | 0.00%             | 2025-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GREENLAND GLB INVST                                                              | Greenland Global Investment Ltd                                                  | CUSIP: 000000000<br>LEI: 549300RR3CIGB2A33O28 | Long             | DBT              | CORP              | VG        |     250000 | PA      | $119492.50     | 0.00%             | 2026-07-03      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                              | CUSIP: 20268JAF0<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     368000 | PA      | $313874.56     | 0.00%             | 2030-10-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                                                         | Diversified Healthcare Trust                                                     | CUSIP: 81721MAM1<br>LEI: N/A                  | Long             | DBT              |  | US        |     332000 | PA      | $202131.56     | 0.00%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNIGEL LUXEMBOURG SA                                                             | Unigel Luxembourg SA                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     400000 | PA      | $404696.00     | 0.00%             | 2026-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687DK9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     458000 | PA      | $440907.44     | 0.00%             | 2026-11-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                              | Synchrony Financial                                                              | CUSIP: 87165BAL7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |     725000 | PA      | $676519.25     | 0.00%             | 2026-08-04      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| H-FOOD HOLDNG/HEARTHSIDE                                                         | H-Food Holdings LLC / Hearthside Finance Co Inc                                  | CUSIP: 577088AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     234000 | PA      | $160114.50     | 0.00%             | 2026-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CF7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1060000 | PA      | $854052.60     | 0.00%             | 2031-03-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 94974BGA2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1937000 | PA      | $1894327.89    | 0.01%             | 2024-09-09      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                                                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LAX8<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     196000 | PA      | $190476.72     | 0.00%             | 2025-03-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844BQ0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     295000 | PA      | $270352.75     | 0.00%             | 2045-06-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WBH3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     535000 | PA      | $496795.65     | 0.00%             | 2026-09-09      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                                                         | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     745000 | PA      | $656367.35     | 0.00%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                                           | Fairfax Financial Holdings Ltd                                                   | CUSIP: 303901BJ0<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |     245000 | PA      | $207573.80     | 0.00%             | 2031-03-03      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                                                            | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     445000 | PA      | $365736.60     | 0.00%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UAE INT'L GOVT BOND                                                              | UAE INTERNATIONAL GOVERNMENT BOND                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |    1400000 | PA      | $1062278.00    | 0.01%             | 2061-10-19      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133GGX57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6806742 | PA      | $6036103.11    | 0.03%             | 2037-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                   | CUSIP: 693304BA4<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     160000 | PA      | $117132.80     | 0.00%             | 2051-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137H6S63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2246519 | PA      | $2064183.22    | 0.01%             | 2031-05-25      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| PERNOD RIC INTL FIN LLC                                                          | Pernod Ricard International Finance LLC                                          | CUSIP: 71427QAB4<br>LEI: 5493009254WI1A8WXT48 | Long             | DBT              | CORP              | US        |     685000 | PA      | $546280.65     | 0.00%             | 2031-04-01      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                                         | Live Nation Entertainment Inc                                                    | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |     657000 | PA      | $660659.49     | 0.00%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHINA CONSTRUCT BANK/HK                                                          | China Construction Bank Corp/Hong Kong                                           | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | DBT              | CORP              | CN        |    1000000 | PA      | $918820.00     | 0.00%             | 2025-08-04      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048CL0<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    1775000 | PA      | $1432300.75    | 0.01%             | 2031-01-21      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ARCH CAPITAL GROUP LTD                                                           | Arch Capital Group Ltd                                                           | CUSIP: 03939AAA5<br>LEI: 549300AYR4P8AFKDCE43 | Long             | DBT              | CORP              | BM        |     536000 | PA      | $406475.60     | 0.00%             | 2050-06-30      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BQ1<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     428000 | PA      | $315029.40     | 0.00%             | 2050-06-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORP                                                            | Owl Rock Capital Corp                                                            | CUSIP: 69121KAC8<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     630000 | PA      | $593989.20     | 0.00%             | 2025-07-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     400000 | PA      | $386128.00     | 0.00%             | 2048-10-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                               | CUSIP: 832696AR9<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |    1089000 | PA      | $1031315.67    | 0.00%             | 2027-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                   | CUSIP: 958254AH7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     270000 | PA      | $255069.00     | 0.00%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BL9<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     332000 | PA      | $323009.44     | 0.00%             | 2024-11-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                         | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     960000 | PA      | $581318.40     | 0.00%             | 2030-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650CL2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    1618000 | PA      | $1585850.34    | 0.01%             | 2025-07-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448ES3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    1765000 | PA      | $1605920.55    | 0.01%             | 2030-03-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UNION BK OF PHILIPPINES                                                          | Union Bank of the Philippines                                                    | CUSIP: 000000000<br>LEI: 549300J97JXR3URQK322 | Long             | DBT              | CORP              | PH        |     400000 | PA      | $366940.00     | 0.00%             | 2025-10-22      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| IHS NETHERLANDS HOLDCO                                                           | IHS Netherlands Holdco BV                                                        | CUSIP: 000000000<br>LEI: 5493006Z6YQYCCN2XI74 | Long             | DBT              | CORP              | NL        |     600000 | PA      | $540930.00     | 0.00%             | 2027-09-18      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                                                          | Pakistan Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     600000 | PA      | $342444.00     | 0.00%             | 2024-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                                         | Hess Midstream Operations LP                                                     | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     425000 | PA      | $401676.00     | 0.00%             | 2028-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBM1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    1740000 | PA      | $1684198.20    | 0.01%             | 2024-07-16      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                                                            | Novartis Capital Corp                                                            | CUSIP: 66989HAR9<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     791000 | PA      | $697329.78     | 0.00%             | 2030-08-14      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XFE1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4476775 | PA      | $4126823.88    | 0.02%             | 2052-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                  | CUSIP: 98388MAC1<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |     320000 | PA      | $265686.40     | 0.00%             | 2031-11-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FH1<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     284000 | PA      | $236770.80     | 0.00%             | 2046-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBG9<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     469000 | PA      | $453870.06     | 0.00%             | 2024-09-06      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                                                         | eBay Inc                                                                         | CUSIP: 278642AY9<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     190000 | PA      | $162220.10     | 0.00%             | 2031-05-10      | Fixed         | 2.60%                 | No            |                  2 | On Loan: —       |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VGK4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    2578000 | PA      | $2075625.14    | 0.01%             | 2041-03-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| General Mills Inc                                                                | General Mills Inc                                                                | CUSIP: 370334BZ6<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     422000 | PA      | $408538.20     | 0.00%             | 2027-02-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                                                                | Newell Brands Inc                                                                | CUSIP: 651229AY2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     467000 | PA      | $388842.88     | 0.00%             | 2046-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                                              | Buckeye Partners LP                                                              | CUSIP: 118230AR2<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     335000 | PA      | $303004.15     | 0.00%             | 2027-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAF8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    1271000 | PA      | $1258442.52    | 0.01%             | 2025-06-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WESA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     108172 | PA      | $108034.57     | 0.00%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN RESOURCES INC                                                           | Franklin Resources Inc                                                           | CUSIP: 354613AM3<br>LEI: RIFQSET379FOGTEFKS80 | Long             | DBT              | CORP              | US        |     313000 | PA      | $208439.22     | 0.00%             | 2051-08-12      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLBL                                                         | Northwestern Mutual Global Funding                                               | CUSIP: 66815L2J7<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $983390.00     | 0.00%             | 2025-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO                                                          | KazMunayGas National Co JSC                                                      | CUSIP: 000000000<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |    1000000 | PA      | $922610.00     | 0.00%             | 2030-04-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PUGET SOUND ENERGY INC                                                           | Puget Sound Energy Inc                                                           | CUSIP: 745332CJ3<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     412000 | PA      | $304723.44     | 0.00%             | 2049-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| eBay Inc                                                                         | eBay Inc                                                                         | CUSIP: 278642AU7<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |     635000 | PA      | $613263.95     | 0.00%             | 2027-06-05      | Fixed         | 3.60%                 | No            |                  2 | On Loan: —       |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BT9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     765000 | PA      | $650586.60     | 0.00%             | 2033-02-07      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LES4<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     300000 | PA      | $266478.00     | 0.00%             | 2026-11-17      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638AS1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1000000 | PA      | $1054000.00    | 0.01%             | 2025-07-21      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES LUX                                                           | Trane Technologies Luxembourg Finance SA                                         | CUSIP: 456873AD0<br>LEI: 549300GHBOWCVY92IS29 | Long             | DBT              | CORP              | LU        |     782000 | PA      | $745073.96     | 0.00%             | 2029-03-21      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                            | CUSIP: 595112BU6<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     570000 | PA      | $388050.30     | 0.00%             | 2051-11-01      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Gulf Power Co                                                                    | Gulf Power Co                                                                    | CUSIP: 402479CF4<br>LEI: BLVY3B5CY5IDPCFLQ577 | Long             | DBT              | CORP              | US        |     720000 | PA      | $690170.40     | 0.00%             | 2027-05-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172AP4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    1109000 | PA      | $983727.36     | 0.00%             | 2042-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                                                   | Wynn Macau Ltd                                                                   | CUSIP: 98313RAE6<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |     595000 | PA      | $496105.05     | 0.00%             | 2029-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                              | Otis Worldwide Corp                                                              | CUSIP: 68902VAJ6<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |     201000 | PA      | $184409.46     | 0.00%             | 2027-04-05      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 06423AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      65000 | PA      | $76893.05      | 0.00%             | 2030-09-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust                                     | American Express Credit Account Master Trust                                     | CUSIP: 02582JHU7<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |    2000000 | PA      | $1996081.56    | 0.01%             | 2025-10-15      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06368FAG4<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     598000 | PA      | $580675.94     | 0.00%             | 2024-03-08      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 744320AW2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     855000 | PA      | $803092.95     | 0.00%             | 2047-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWBN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   27858148 | PA      | $22336835.83   | 0.11%             | 2051-05-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CP0<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1600000 | PA      | $1204768.00    | 0.01%             | 2046-07-06      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                                                       | Mattel Inc                                                                       | CUSIP: 577081BE1<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |     382000 | PA      | $357326.62     | 0.00%             | 2026-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                                                           | Roper Technologies Inc                                                           | CUSIP: 776743AD8<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     849000 | PA      | $824328.06     | 0.00%             | 2026-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| PTTEP TREASURY CENTER CO                                                         | PTTEP Treasury Center Co Ltd                                                     | CUSIP: 000000000<br>LEI: 2549006WFOUPZX6TZG08 | Long             | DBT              | CORP              | TH        |     200000 | PA      | $182998.00     | 0.00%             | 2027-06-10      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| JT INTL FIN SERVICES BV                                                          | JT International Financial Services BV                                           | CUSIP: 000000000<br>LEI: 549300U2F0PG10VZUN93 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $314476.00     | 0.00%             | 2031-09-14      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER                                                           | Indiana Michigan Power Co                                                        | CUSIP: 454889AR7<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |     214000 | PA      | $167953.62     | 0.00%             | 2047-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                       | CUSIP: 458140BD1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     734000 | PA      | $718285.06     | 0.00%             | 2024-05-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc                                                          | O'Reilly Automotive Inc                                                          | CUSIP: 67103HAF4<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |     691000 | PA      | $666110.18     | 0.00%             | 2027-09-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                               | Panama Government International Bond                                             | CUSIP: 698299BE3<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1000000 | PA      | $973260.00     | 0.00%             | 2025-03-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAT1<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $914750.00     | 0.00%             | 2026-01-26      | Fixed         | 1.81%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 124857AJ2<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     338000 | PA      | $268608.60     | 0.00%             | 2042-07-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WEG4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     525000 | PA      | $431140.50     | 0.00%             | 2031-08-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| TENCENT MUSIC ENT GRP                                                            | Tencent Music Entertainment Group                                                | CUSIP: 88034PAB5<br>LEI: 213800XTZK2GOHQTYK41 | Long             | DBT              | CORP              | KY        |    1352000 | PA      | $1073542.08    | 0.01%             | 2030-09-03      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                                      | Vistra Operations Co LLC                                                         | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     846000 | PA      | $819799.38     | 0.00%             | 2027-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 592179KD6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     200000 | PA      | $202692.00     | 0.00%             | 2026-01-06      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BU8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     452000 | PA      | $446648.32     | 0.00%             | 2024-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                           | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAL4<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |     670000 | PA      | $672217.70     | 0.00%             | 2025-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| INSTALLED BUILDING PRODU                                                         | Installed Building Products Inc                                                  | CUSIP: 45780RAA9<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |     330000 | PA      | $304161.00     | 0.00%             | 2028-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHINA CINDA 2020 I MNGMN                                                         | China Cinda 2020 I Management Ltd                                                | CUSIP: 000000000<br>LEI: 549300ZIBIB6Z9RSNU64 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $830160.00     | 0.00%             | 2031-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Regency Centers LP                                                               | Regency Centers LP                                                               | CUSIP: 75884RAV5<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     195000 | PA      | $186439.50     | 0.00%             | 2027-02-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                         | CUSIP: 126408HV8<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     420000 | PA      | $389667.60     | 0.00%             | 2052-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK OF CHINA                                                           | Industrial & Commercial Bank of China Ltd                                        | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |    4200000 | PA      | $3995334.00    | 0.02%             | 2026-09-24      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JW8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     800000 | PA      | $716624.00     | 0.00%             | 2028-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BK AUSTR NY                                                         | Commonwealth Bank of Australia/New York NY                                       | CUSIP: 20271RAQ3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     500000 | PA      | $503925.00     | 0.00%             | 2025-01-10      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| CRANE HOLDINGS CO                                                                | Crane Holdings Co                                                                | CUSIP: 224399AT2<br>LEI: 549300X1RO9ID7AUCA83 | Long             | DBT              | CORP              | US        |     190000 | PA      | $143586.80     | 0.00%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                         | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBF8<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |     640000 | PA      | $624729.60     | 0.00%             | 2024-11-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CHOUZHOU INTL INV LTD                                                            | Chouzhou International Investment Ltd                                            | CUSIP: 000000000<br>LEI: 254900G02LJVPHKXDT91 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $188642.00     | 0.00%             | 2025-10-20      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                                              | Hudbay Minerals Inc                                                              | CUSIP: 000000000<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |      10000 | PA      | $9227.20       | 0.00%             | 2029-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBS9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     265000 | PA      | $214069.65     | 0.00%             | 2031-03-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XAV2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     475000 | PA      | $456992.75     | 0.00%             | 2025-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06367WMQ3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    1438000 | PA      | $1392027.14    | 0.01%             | 2024-06-28      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PTT TREASURY CENTRE                                                              | PTT Treasury Center Co Ltd                                                       | CUSIP: 000000000<br>LEI: 254900FBQLIN5XACCX50 | Long             | DBT              | CORP              | TH        |     200000 | PA      | $170652.00     | 0.00%             | 2042-10-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBG8<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |      73000 | PA      | $65651.09      | 0.00%             | 2048-11-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                                                            | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAK8<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |     340000 | PA      | $325696.20     | 0.00%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                                                         | iHeartCommunications Inc                                                         | CUSIP: 45174HBG1<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     365000 | PA      | $312294.00     | 0.00%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                            | CUSIP: 94106BAF8<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $194334.00     | 0.00%             | 2033-01-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| GE CAPITAL INTL FUNDING                                                          | GE Capital International Funding Co Unlimited Co                                 | CUSIP: 36164Q6M5<br>LEI: 549300G6UZOB126GBY72 | Long             | DBT              | CORP              | IE        |     250000 | PA      | $242477.50     | 0.00%             | 2025-11-15      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555CZ5<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     554000 | PA      | $476988.46     | 0.00%             | 2029-08-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                              | CUSIP: 025816CX5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     535000 | PA      | $530115.45     | 0.00%             | 2033-05-26      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DS3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |      30000 | PA      | $26750.70      | 0.00%             | 2049-04-05      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| DIB Tier 1 Sukuk 3 Ltd                                                           | DIB Tier 1 Sukuk 3 Ltd                                                           | CUSIP: 000000000<br>LEI: 5493003VEAI5Y13OH244 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $806696.00     | 0.00%             | 2025-01-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468Y8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1839000 | PA      | $1265195.22    | 0.01%             | 2052-01-25      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                    | CUSIP: 13063DMB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     500000 | PA      | $465721.00     | 0.00%             | 2029-04-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                                         | Hess Midstream Operations LP                                                     | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     240000 | PA      | $223780.80     | 0.00%             | 2030-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FAR EAST HORIZON LTD                                                             | Far East Horizon Ltd                                                             | CUSIP: 000000000<br>LEI: 549300S9XRGO1ZPUHE62 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $379940.00     | 0.00%             | 2024-03-03      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| STATE AGE ROADS                                                                  | State Agency of Roads of Ukraine                                                 | CUSIP: 000000000<br>LEI: 254900FGEO8P5USHG994 | Long             | DBT              | CORP              | UA        |     600000 | PA      | $106987.50     | 0.00%             | 2030-06-24      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                                                         | Trident TPI Holdings Inc                                                         | CUSIP: 89616RAA7<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |     220000 | PA      | $198437.80     | 0.00%             | 2025-11-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                                                          | International Game Technology PLC                                                | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |     450000 | PA      | $428301.00     | 0.00%             | 2026-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756CE8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     800000 | PA      | $688992.00     | 0.00%             | 2031-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAF7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2050000 | PA      | $2014002.00    | 0.01%             | 2029-04-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK CHINA/HK                                                           | Industrial & Commercial Bank of China Ltd/Hong Kong                              | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $367492.00     | 0.00%             | 2025-07-20      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| MUNICH RE                                                                        | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen                        | CUSIP: 62582PAA8<br>LEI: 529900MUF4C20K50JS49 | Long             | DBT              | CORP              | DE        |     400000 | PA      | $408568.00     | 0.00%             | 2042-05-23      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DMB53<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2824555 | PA      | $2722236.57    | 0.01%             | 2049-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09256BAG2<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     540000 | PA      | $498727.80     | 0.00%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                                                          | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     365000 | PA      | $326532.65     | 0.00%             | 2029-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     400000 | PA      | $327372.00     | 0.00%             | 2033-10-29      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     505000 | PA      | $413615.20     | 0.00%             | 2032-02-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RHV7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     505000 | PA      | $480729.70     | 0.00%             | 2026-07-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                          | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                        | CUSIP: 072024PY2<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |     775000 | PA      | $1014771.05    | 0.00%             | 2050-10-01      | Fixed         | 6.91%                 | No            |                  2 | On Loan: No      |
| CITY OF BUENOS AIRES                                                             | Ciudad Autonoma De Buenos Aires/Government Bonds                                 | CUSIP: 000000000<br>LEI: 5299007MC8RF52X0ON96 | Long             | DBT              | NUSS              | AR        |     450000 | PA      | $421501.50     | 0.00%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                    | CUSIP: 059165EJ5<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |     603000 | PA      | $498994.56     | 0.00%             | 2047-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BAKER HUGHES LLC/CO-OBL                                                          | Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc                          | CUSIP: 05724BAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     345000 | PA      | $314288.10     | 0.00%             | 2026-12-15      | Fixed         | 2.06%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GES9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     686000 | PA      | $713611.50     | 0.00%             | 2027-01-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| QORVO INC                                                                        | Qorvo Inc                                                                        | CUSIP: 74736KAH4<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |     837000 | PA      | $757652.40     | 0.00%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GRIFOLS ESCROW ISSUER                                                            | Grifols Escrow Issuer SA                                                         | CUSIP: 39843UAA0<br>LEI: 959800HLB3PGTGSLVV62 | Long             | DBT              | CORP              | ES        |     440000 | PA      | $382571.20     | 0.00%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                                                             | Kyndryl Holdings Inc                                                             | CUSIP: 50155QAJ9<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |     120000 | PA      | $103471.20     | 0.00%             | 2026-10-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WTY4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   39206973 | PA      | $35031539.28   | 0.17%             | 2051-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue               | SAN FRANCISCO CITY & CNTY CA PUBLIC UTILITIES COMMISSION WTR                     | CUSIP: 79765RTL3<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |      50000 | PA      | $64831.05      | 0.00%             | 2050-11-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448CT3<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     486000 | PA      | $470370.24     | 0.00%             | 2025-04-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                            | Tennessee Valley Authority                                                       | CUSIP: 880591CJ9<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |     115000 | PA      | $122856.80     | 0.00%             | 2025-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JW ALUMINUM CONT CAST CO                                                         | JW Aluminum Continuous Cast Co                                                   | CUSIP: 46648XAA6<br>LEI: 5493008HJ8BWQC8XAF08 | Long             | DBT              | CORP              | US        |     275000 | PA      | $278330.25     | 0.00%             | 2026-06-01      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VAM5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     270000 | PA      | $320144.40     | 0.00%             | 2038-04-15      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                                                             | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     400000 | PA      | $388760.00     | 0.00%             | 2031-04-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66                                                                      | CUSIP: 718546AW4<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |     512000 | PA      | $427207.68     | 0.00%             | 2030-12-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EM5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    1120000 | PA      | $1156724.80    | 0.01%             | 2053-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                        | CUSIP: 00817YAJ7<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |     385000 | PA      | $354962.30     | 0.00%             | 2042-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YCX5<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    1523000 | PA      | $1494550.36    | 0.01%             | 2025-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UN99<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    9625197 | PA      | $9253271.52    | 0.04%             | 2049-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                            | CUSIP: 369550BK3<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     820000 | PA      | $799992.00     | 0.00%             | 2025-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ETY75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1070887 | PA      | $1071021.05    | 0.01%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   36030000 | PA      | $36654895.31   | 0.18%             | 2029-09-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SHAOXING CITY INV GRP                                                            | Shaoxing City Investment Group Ltd                                               | CUSIP: 000000000<br>LEI: 3003006W7JO7TLFNRW68 | Long             | DBT              | CORP              | CN        |     600000 | PA      | $523938.00     | 0.00%             | 2026-08-19      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ5D8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      14840 | PA      | $14892.04      | 0.00%             | 2048-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAP4<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     582000 | PA      | $511938.84     | 0.00%             | 2049-03-04      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                          | CUSIP: 56585ABC5<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |     596000 | PA      | $602645.40     | 0.00%             | 2026-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TCI Communications Inc                                                           | TCI Communications Inc                                                           | CUSIP: 872287AF4<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     479000 | PA      | $525611.49     | 0.00%             | 2026-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                                                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AP9<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     825000 | PA      | $706785.75     | 0.00%             | 2049-06-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| POWER FINANCE CORP LTD                                                           | Power Finance Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |     600000 | PA      | $499794.00     | 0.00%             | 2031-05-16      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1200000 | PA      | $1084224.00    | 0.01%             | 2027-01-31      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL                                                         | Jackson National Life Global Funding                                             | CUSIP: 46849LUX7<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |     500000 | PA      | $506800.00     | 0.00%             | 2026-01-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                                           | Match Group Holdings II LLC                                                      | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     300000 | PA      | $257619.00     | 0.00%             | 2030-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| XIAOMI BEST TIME INTL                                                            | Xiaomi Best Time International Ltd                                               | CUSIP: 000000000<br>LEI: 254900IGJCVEY8WNJT74 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $266208.00     | 0.00%             | 2051-07-14      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B85<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     850000 | PA      | $790066.50     | 0.00%             | 2025-02-10      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| MEXICO CITY ARPT TRUST                                                           | Mexico City Airport Trust                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     400000 | PA      | $382864.00     | 0.00%             | 2028-04-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAJ4<br>LEI: N/A                  | Long             | DBT              |  | US        |     618000 | PA      | $615058.32     | 0.00%             | 2027-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNN66<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3733534 | PA      | $3529491.27    | 0.02%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348AQ9<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |      75000 | PA      | $63027.00      | 0.00%             | 2042-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALDAR SUKUK NO 2 LTD                                                             | Aldar Sukuk No 2 Ltd                                                             | CUSIP: 000000000<br>LEI: 54930010JDA2VE3MB531 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $382596.00     | 0.00%             | 2029-10-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                                                         | Nexstar Media Inc                                                                | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |     665000 | PA      | $598726.10     | 0.00%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EMD Finance LLC                                                                  | EMD Finance LLC                                                                  | CUSIP: 26867LAL4<br>LEI: 529900C8KS5G529A0B76 | Long             | DBT              | CORP              | US        |     705000 | PA      | $682235.55     | 0.00%             | 2025-03-19      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                                                          | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     300000 | PA      | $265266.00     | 0.00%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     350000 | PA      | $22809.50      | 0.00%             | 2024-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BT2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1716000 | PA      | $1163053.32    | 0.01%             | 2050-06-03      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp                                                            | General Dynamics Corp                                                            | CUSIP: 369550AZ1<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     215000 | PA      | $199627.50     | 0.00%             | 2027-11-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Thomson Reuters Corp                                                             | Thomson Reuters Corp                                                             | CUSIP: 884903BH7<br>LEI: 549300561UZND4C7B569 | Long             | DBT              | CORP              | CA        |     660000 | PA      | $666276.60     | 0.00%             | 2040-04-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CORE INCOME COR                                                         | OWL Rock Core Income Corp                                                        | CUSIP: 69120VAN1<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |      50000 | PA      | $50357.50      | 0.00%             | 2027-09-16      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAQ3<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     195000 | PA      | $174827.25     | 0.00%             | 2030-04-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JU9<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    2000000 | PA      | $1953200.00    | 0.01%             | 2025-06-10      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ASTON MARTIN CAPITAL HOL                                                         | Aston Martin Capital Holdings Ltd                                                | CUSIP: 04625HAG4<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |     765000 | PA      | $750946.95     | 0.00%             | 2025-11-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KAV2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     475000 | PA      | $427025.00     | 0.00%             | 2077-12-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp                                                            | General Dynamics Corp                                                            | CUSIP: 369550BG2<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     719000 | PA      | $704785.37     | 0.00%             | 2025-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JY7<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |      75000 | PA      | $80022.75      | 0.00%             | 2053-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FK7<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    1569000 | PA      | $1499618.82    | 0.01%             | 2024-08-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                          | Southwestern Electric Power Co                                                   | CUSIP: 845437BP6<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     749000 | PA      | $696210.48     | 0.00%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BRK4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1080415 | PA      | $1004898.21    | 0.00%             | 2047-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CNTL AMR BOTTLING CORP                                                           | Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     409000 | PA      | $392468.22     | 0.00%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SUNTORY HOLDINGS LTD                                                             | Suntory Holdings Ltd                                                             | CUSIP: 86803UAD3<br>LEI: 54930074QUY8RD0UZM08 | Long             | DBT              | CORP              | JP        |     607000 | PA      | $576036.93     | 0.00%             | 2024-10-16      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                      | CUSIP: 30161NAC5<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     115000 | PA      | $122224.30     | 0.00%             | 2035-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| TRANS-ALLEGHENY INTERSTA                                                         | Trans-Allegheny Interstate Line Co                                               | CUSIP: 893045AE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      55000 | PA      | $53519.40      | 0.00%             | 2025-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAN3<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     645000 | PA      | $636402.15     | 0.00%             | 2062-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                                                         | Sumitomo Mitsui Trust Bank Ltd                                                   | CUSIP: 86563VBE8<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |     860000 | PA      | $866355.40     | 0.00%             | 2027-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335AY69<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      60112 | PA      | $61238.43      | 0.00%             | 2046-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                             | CUSIP: 281020AN7<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     352000 | PA      | $361025.28     | 0.00%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PROMIGAS/GASES PACIFICO                                                          | Promigas SA ESP / Gases del Pacifico SAC                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     400000 | PA      | $334020.00     | 0.00%             | 2029-10-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WHTS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       6111 | PA      | $6050.73       | 0.00%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BHARTI AIRTEL LTD                                                                | Bharti Airtel Ltd                                                                | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | DBT              | CORP              | IN        |    1100000 | PA      | $950136.00     | 0.00%             | 2031-06-03      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111GA5<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     418000 | PA      | $357402.54     | 0.00%             | 2031-06-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                              | CUSIP: 002824BM1<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |     655000 | PA      | $648770.95     | 0.00%             | 2025-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UDP1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     270000 | PA      | $260709.30     | 0.00%             | 2032-08-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                                                            | Camden Property Trust                                                            | CUSIP: 133131AX0<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              |  | US        |     280000 | PA      | $258627.60     | 0.00%             | 2029-07-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CBQ FINANCE LTD                                                                  | CBQ Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 213800FNEMX56U9OHK56 | Long             | DBT              | CORP              | BM        |     600000 | PA      | $548448.00     | 0.00%             | 2026-05-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                                                         | Amcor Flexibles North America Inc                                                | CUSIP: 081437AT2<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |     526000 | PA      | $448199.34     | 0.00%             | 2030-06-19      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE                                                           | Westinghouse Air Brake Technologies Corp                                         | CUSIP: 960386AN0<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |     785000 | PA      | $775054.05     | 0.00%             | 2024-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X6F63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     967302 | PA      | $923816.42     | 0.00%             | 2049-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Santos Finance Ltd                                                               | Santos Finance Ltd                                                               | CUSIP: 000000000<br>LEI: 213800BKUBSWG53XNS94 | Long             | DBT              | CORP              | AU        |     400000 | PA      | $386008.00     | 0.00%             | 2029-03-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Eskom Holdings SOC Ltd                                                           | Eskom Holdings SOC Ltd                                                           | CUSIP: 000000000<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |     600000 | PA      | $577464.00     | 0.00%             | 2028-08-10      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| Washington Gas Light Co                                                          | Washington Gas Light Co                                                          | CUSIP: 93884PDW7<br>LEI: DL22T1SB4DUBS063O841 | Long             | DBT              | CORP              | US        |     272000 | PA      | $217260.00     | 0.00%             | 2046-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCW4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     985000 | PA      | $913045.75     | 0.00%             | 2028-02-24      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| EMPRESA DE LOS FERROCARR                                                         | Empresa de los Ferrocarriles del Estado                                          | CUSIP: 000000000<br>LEI: 8755006LY8XNRFOGWN86 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $284328.00     | 0.00%             | 2061-09-14      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Sempra Energy                                                                    | Sempra Energy                                                                    | CUSIP: 816851BA6<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    1258000 | PA      | $1187690.38    | 0.01%             | 2027-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Steel Corp                                                         | United States Steel Corp                                                         | CUSIP: 912909AD0<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | CORP              | US        |     193000 | PA      | $186150.43     | 0.00%             | 2037-06-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                | CUSIP: 906548CK6<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |      25000 | PA      | $24627.75      | 0.00%             | 2024-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDL7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     640000 | PA      | $516422.40     | 0.00%             | 2031-06-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                                                         | Federal Farm Credit Banks Funding Corp                                           | CUSIP: 3133EKWV4<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |      55000 | PA      | $52756.55      | 0.00%             | 2024-07-26      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AH1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    1135000 | PA      | $999015.65     | 0.00%             | 2027-08-10      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661CJ4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20744.20      | 0.00%             | 2035-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WKQR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     229481 | PA      | $221464.45     | 0.00%             | 2047-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A2N0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $975379.15     | 0.00%             | 2025-06-29      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CCL INDUSTRIES INC                                                               | CCL Industries Inc                                                               | CUSIP: 124900AB7<br>LEI: 549300TD3EMSRRC0YH75 | Long             | DBT              | CORP              | CA        |      10000 | PA      | $9192.60       | 0.00%             | 2026-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HANOVER INSURANCE GROUP                                                          | Hanover Insurance Group Inc/The                                                  | CUSIP: 410867AG0<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | DBT              | CORP              | US        |     325000 | PA      | $257998.00     | 0.00%             | 2030-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    2739000 | PA      | $2191282.17    | 0.01%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                                          | Hungary Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    1600000 | PA      | $1245200.00    | 0.01%             | 2031-09-22      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Olin Corp                                                                        | Olin Corp                                                                        | CUSIP: 680665AJ5<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |     336000 | PA      | $326225.76     | 0.00%             | 2027-09-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EBL8<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     720000 | PA      | $700848.00     | 0.00%             | 2030-04-09      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ENTERCOM MEDIA CORP                                                              | Audacy Capital Corp                                                              | CUSIP: 29365DAA7<br>LEI: 549300S5JUSXRHNCHD80 | Long             | DBT              | CORP              | US        |     310000 | PA      | $51053.90      | 0.00%             | 2027-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TORONTO DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZN5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     545000 | PA      | $496544.05     | 0.00%             | 2027-01-12      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Puget Sound Energy Inc                                                           | Puget Sound Energy Inc                                                           | CUSIP: 745332BX3<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     275000 | PA      | $296551.75     | 0.00%             | 2037-03-15      | Fixed         | 6.27%                 | No            |                  2 | On Loan: —       |
| NY & PRESBYTERIAN HOSPIT                                                         | New York and Presbyterian Hospital/The                                           | CUSIP: 649322AD6<br>LEI: 19EOSPKL8HML7MY3UE63 | Long             | DBT              | CORP              | US        |     290000 | PA      | $253573.10     | 0.00%             | 2056-08-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                                                                | Chile Government International Bond                                              | CUSIP: 168863BW7<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     200000 | PA      | $194414.00     | 0.00%             | 2025-03-27      | Fixed         | 3.13%                 | No            |                  2 | On Loan: —       |
| CADILLAC FAIRVIEW PRP TR                                                         | Ontario Teachers' Cadillac Fairview Properties Trust                             | CUSIP: 68327LAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    1085000 | PA      | $1013878.25    | 0.00%             | 2027-03-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                               | Credit Agricole SA                                                               | CUSIP: 225313AM7<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     723000 | PA      | $625995.09     | 0.00%             | 2030-01-14      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                                          | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAL5<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     800000 | PA      | $797384.00     | 0.00%             | 2024-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GGR4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1676000 | PA      | $1584389.84    | 0.01%             | 2028-07-21      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| CHEVRON PHILLIPS CHEM CO                                                         | Chevron Phillips Chemical Co LLC / Chevron Phillips Chemical Co LP               | CUSIP: 166754AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     100000 | PA      | $95756.00      | 0.00%             | 2028-06-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   60630000 | PA      | $45576707.81   | 0.22%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP OVERSEA 2015                                                         | Sinopec Group Overseas Development 2015 Ltd                                      | CUSIP: 000000000<br>LEI: 5299002Z28NLP3WPFH36 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $529110.00     | 0.00%             | 2045-04-28      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FM3<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |    1835000 | PA      | $1309144.05    | 0.01%             | 2049-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAC6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     571000 | PA      | $445180.15     | 0.00%             | 2049-08-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128282R0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   32050000 | PA      | $30192101.56   | 0.14%             | 2027-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAQ7<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $347612.00     | 0.00%             | 2049-04-11      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VAY9<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     980000 | PA      | $896788.20     | 0.00%             | 2043-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCP9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     975000 | PA      | $864737.25     | 0.00%             | 2027-09-22      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                                                              | LYB International Finance III LLC                                                | CUSIP: 50249AAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     390000 | PA      | $353554.50     | 0.00%             | 2025-10-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| University of Michigan                                                           | UNIV OF MICHIGAN MI                                                              | CUSIP: 914455UH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     153000 | PA      | $130730.70     | 0.00%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630CY2<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     465000 | PA      | $445874.55     | 0.00%             | 2024-10-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| COTY/HFC PRESTIGE/INT US                                                         | Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC             | CUSIP: 222070AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     313000 | PA      | $285656.32     | 0.00%             | 2029-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140JLMJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     420133 | PA      | $421209.92     | 0.00%             | 2049-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AFRICA FINANCE CORP                                                              | Africa Finance Corp                                                              | CUSIP: 000000000<br>LEI: 213800LXFHRRXIJRXW97 | Long             | DBT              | NUSS              | XX        |     400000 | PA      | $352252.00     | 0.00%             | 2029-10-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LIFE TIME INC                                                                    | Life Time Inc                                                                    | CUSIP: 53190FAC9<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |     315000 | PA      | $305896.50     | 0.00%             | 2026-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WHKC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      94216 | PA      | $90803.26      | 0.00%             | 2046-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                                                   | Wynn Macau Ltd                                                                   | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $707040.00     | 0.00%             | 2028-08-26      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS INC                                                           | Chubb INA Holdings Inc                                                           | CUSIP: 171239AH9<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     185000 | PA      | $133923.35     | 0.00%             | 2051-12-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                                                                      | Ovintiv Inc                                                                      | CUSIP: 012873AH8<br>LEI: CZ72ZHBVKZXQRV3XFE26 | Long             | DBT              | CORP              | US        |     300000 | PA      | $339336.00     | 0.00%             | 2030-09-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967ME8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1740000 | PA      | $1637688.00    | 0.01%             | 2030-03-20      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| NAN FUNG TREASURY LTD                                                            | Nan Fung Treasury Ltd                                                            | CUSIP: 000000000<br>LEI: 254900S3BMA32ATT9Q05 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $174526.00     | 0.00%             | 2030-08-27      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JV3<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |      50000 | PA      | $42522.50      | 0.00%             | 2052-03-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC                                                           | Brookfield Finance Inc                                                           | CUSIP: 11271LAF9<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     503000 | PA      | $353513.43     | 0.00%             | 2051-03-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Tullow Oil PLC                                                                   | Tullow Oil PLC                                                                   | CUSIP: 000000000<br>LEI: 2138003EYHWO75RKS857 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $285488.00     | 0.00%             | 2025-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   59000000 | PA      | $50878281.25   | 0.24%             | 2052-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                                                         | Nexstar Media Inc                                                                | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    1395000 | PA      | $1328988.60    | 0.01%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAD0<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |       3000 | PA      | $3494.85       | 0.00%             | 2033-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| KB Home                                                                          | KB Home                                                                          | CUSIP: 48666KAX7<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |     310000 | PA      | $316937.80     | 0.00%             | 2027-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                            | CUSIP: 369550BQ0<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     310000 | PA      | $247894.60     | 0.00%             | 2041-06-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAH8<br>LEI: N/A                  | Long             | DBT              |  | US        |     640000 | PA      | $610444.80     | 0.00%             | 2026-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91086QBE7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1735000 | PA      | $1644901.45    | 0.01%             | 2045-01-21      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KOREA                                                                | Korea International Bond                                                         | CUSIP: 50064FAU8<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $338540.00     | 0.00%             | 2031-10-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCB64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4611604 | PA      | $4096057.00    | 0.02%             | 2051-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                             | Boston Properties LP                                                             | CUSIP: 10112RBA1<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |     703000 | PA      | $676616.41     | 0.00%             | 2028-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                       | CUSIP: 458140AK6<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     675000 | PA      | $654196.50     | 0.00%             | 2041-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280BT5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1709000 | PA      | $1655730.47    | 0.01%             | 2029-06-19      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KBF9<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    2075000 | PA      | $1644707.25    | 0.01%             | 2041-03-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3622A24E9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     453208 | PA      | $437454.09     | 0.00%             | 2047-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| B3 SA-BRASIL BOLSA BALCA                                                         | B3 SA - Brasil Bolsa Balcao                                                      | CUSIP: 000000000<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | DBT              | CORP              | BR        |     400000 | PA      | $350336.00     | 0.00%             | 2031-09-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ZHONGSHENG GROUP                                                                 | Zhongsheng Group Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 3003005VYMEBAJNJ2Y26 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $181490.00     | 0.00%             | 2026-01-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                                                         | Altice France Holding SA                                                         | CUSIP: 02156TAA2<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |     755000 | PA      | $510123.30     | 0.00%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| GFL ENVIRONMENTAL INC                                                            | GFL Environmental Inc                                                            | CUSIP: 36168QAN4<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     595000 | PA      | $537802.65     | 0.00%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                                                            | Tenet Healthcare Corp                                                            | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    1725000 | PA      | $1606509.75    | 0.01%             | 2028-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| Vulcan Materials Co                                                              | Vulcan Materials Co                                                              | CUSIP: 929160AS8<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |     151000 | PA      | $150208.76     | 0.00%             | 2025-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                       | CUSIP: 609207AX3<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |     740000 | PA      | $591918.60     | 0.00%             | 2031-02-04      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| COMPET TEAM TECH LTD                                                             | Competition Team Technologies Ltd                                                | CUSIP: 000000000<br>LEI: 254900B6P01H4XAT6880 | Long             | DBT              | CORP              | BS        |     800000 | PA      | $767568.00     | 0.00%             | 2029-03-12      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                                                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AN6<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     533000 | PA      | $529594.13     | 0.00%             | 2024-07-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SYNGENTA FINANCE NV                                                              | Syngenta Finance NV                                                              | CUSIP: 87164KAG9<br>LEI: 54930042S3BYCEGOCN86 | Long             | DBT              | CORP              | NL        |    1525000 | PA      | $1497824.50    | 0.01%             | 2025-04-24      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                | CUSIP: 17275RBL5<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |    1080000 | PA      | $1021669.20    | 0.00%             | 2026-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                 | CUSIP: 026874CY1<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     396000 | PA      | $393917.04     | 0.00%             | 2024-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CoreCivic Inc                                                                    | CoreCivic Inc                                                                    | CUSIP: 21871NAA9<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |     230000 | PA      | $201691.60     | 0.00%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SABIC CAPITAL I BV                                                               | SABIC Capital I BV                                                               | CUSIP: 000000000<br>LEI: 213800LBMMAIG1FQP389 | Long             | DBT              | CORP              | NL        |     600000 | PA      | $510252.00     | 0.00%             | 2030-09-14      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| GRUPO BIMBO SAB DE CV                                                            | Grupo Bimbo SAB de CV                                                            | CUSIP: 000000000<br>LEI: 5493000RIXURZEBFEV60 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $325480.00     | 0.00%             | 2049-09-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Avangrid Inc                                                                     | Avangrid Inc                                                                     | CUSIP: 05351WAA1<br>LEI: 549300OX0Q38NLSKPB49 | Long             | DBT              | CORP              | US        |     588000 | PA      | $568525.44     | 0.00%             | 2024-12-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| VISA INC                                                                         | Visa Inc                                                                         | CUSIP: 92826CAL6<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |     838000 | PA      | $768772.82     | 0.00%             | 2027-04-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMW75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19519908 | PA      | $17181656.80   | 0.08%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AEP Texas Inc                                                                    | AEP Texas Inc                                                                    | CUSIP: 00108WAH3<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |      55000 | PA      | $52919.90      | 0.00%             | 2028-06-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QCP5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     925000 | PA      | $832148.50     | 0.00%             | 2029-01-23      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AXA SA                                                                           | AXA SA                                                                           | CUSIP: 000000000<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | DBT              | CORP              | FR        |     400000 | PA      | $393448.00     | 0.00%             | 2047-01-17      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                | CUSIP: 872898AF8<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |     600000 | PA      | $589074.00     | 0.00%             | 2027-04-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAN8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     370000 | PA      | $254326.90     | 0.00%             | 2051-11-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTL 20 LTD                                                         | CK Hutchison International 20 Ltd                                                | CUSIP: 12564HAB1<br>LEI: 254900SSPRZHBMNJF043 | Long             | DBT              | CORP              | KY        |     215000 | PA      | $163187.15     | 0.00%             | 2050-05-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBG9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1160000 | PA      | $952197.60     | 0.00%             | 2055-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PRECISION DRILLING CORP                                                          | Precision Drilling Corp                                                          | CUSIP: 740212AM7<br>LEI: 549300WF2OE8T5BP4B84 | Long             | DBT              | CORP              | CA        |     240000 | PA      | $231669.60     | 0.00%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                                              | Travel + Leisure Co                                                              | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     410000 | PA      | $406990.60     | 0.00%             | 2026-07-31      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AX2<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     415000 | PA      | $348263.85     | 0.00%             | 2031-09-14      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| MAXAR TECHNOLOGIES INC                                                           | Maxar Technologies Inc                                                           | CUSIP: 57778KAB1<br>LEI: 549300OEN2G821MIJ922 | Long             | DBT              | CORP              | US        |      90000 | PA      | $92042.10      | 0.00%             | 2027-12-31      | Fixed         | 7.54%                 | No            |                  2 | On Loan: —       |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TV69<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     426138 | PA      | $420264.67     | 0.00%             | 2048-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                                          | Starwood Property Trust Inc                                                      | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |     285000 | PA      | $255787.50     | 0.00%             | 2026-07-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ENGIE ENERGIA CHILE SA                                                           | Engie Energia Chile SA                                                           | CUSIP: 000000000<br>LEI: 5493000FIKCC3ZDWTO77 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $335444.00     | 0.00%             | 2030-01-28      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAJ6<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     371000 | PA      | $349192.62     | 0.00%             | 2026-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WGVM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      39903 | PA      | $39325.61      | 0.00%             | 2031-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XNF9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   15475393 | PA      | $15578349.89   | 0.07%             | 2052-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                             | Niagara Mohawk Power Corp                                                        | CUSIP: 65364UAS5<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |     300000 | PA      | $322347.00     | 0.00%             | 2052-09-16      | Fixed         | 5.78%                 | No            |                  2 | On Loan: —       |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAK2<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |    1000000 | PA      | $999150.00     | 0.00%             | 2028-03-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                                                     | Ecopetrol SA                                                                     | CUSIP: 279158AK5<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     750000 | PA      | $726600.00     | 0.00%             | 2025-01-16      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Aflac Inc                                                                        | Aflac Inc                                                                        | CUSIP: 001055AQ5<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |     332000 | PA      | $314404.00     | 0.00%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| OMNICOM GP/OMNICOM CAP                                                           | Omnicom Group Inc / Omnicom Capital Inc                                          | CUSIP: 68217FAA0<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |    1667000 | PA      | $1615289.66    | 0.01%             | 2026-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                                                             | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAB7<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              |  | US        |     310000 | PA      | $260412.40     | 0.00%             | 2029-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNZF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3233425 | PA      | $3030570.45    | 0.01%             | 2037-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TCL TECHNOLOGY INVEST                                                            | TCL Technology Investments Ltd                                                   | CUSIP: 000000000<br>LEI: 2549004564BZEAL33Q65 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $182814.00     | 0.00%             | 2025-07-14      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PacifiCorp                                                                       | CUSIP: 695114CY2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     230000 | PA      | $164307.40     | 0.00%             | 2052-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                              | CUSIP: 03027XAT7<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     625000 | PA      | $611550.00     | 0.00%             | 2024-05-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                        | CUSIP: 031162BZ2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    1866000 | PA      | $1666617.90    | 0.01%             | 2045-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAR6<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     442000 | PA      | $368857.84     | 0.00%             | 2047-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                                                          | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAB1<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |     745000 | PA      | $512023.60     | 0.00%             | 2028-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DP0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     660000 | PA      | $578734.20     | 0.00%             | 2027-11-13      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAS4<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     652000 | PA      | $630047.16     | 0.00%             | 2028-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                                                            | Healthpeak Properties Inc                                                        | CUSIP: 40414LAN9<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              | CORP              | US        |      80000 | PA      | $78562.40      | 0.00%             | 2025-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XD3Q7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5256010 | PA      | $4617949.25    | 0.02%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDE9<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     575000 | PA      | $542984.00     | 0.00%             | 2027-10-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XAX8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     753000 | PA      | $694537.08     | 0.00%             | 2027-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAE3<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    1479000 | PA      | $1330833.78    | 0.01%             | 2029-10-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MEV2<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     228000 | PA      | $215852.16     | 0.00%             | 2045-05-26      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KOREA                                                                | Korea International Bond                                                         | CUSIP: 50064FAS3<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $325224.00     | 0.00%             | 2030-09-16      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EH2<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     455000 | PA      | $434329.35     | 0.00%             | 2025-02-19      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 124857AX1<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     582000 | PA      | $539007.66     | 0.00%             | 2028-06-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                            | Bath & Body Works Inc                                                            | CUSIP: 501797AR5<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     325000 | PA      | $329660.50     | 0.00%             | 2029-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BT8<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |     300000 | PA      | $286440.00     | 0.00%             | 2025-03-10      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1000000 | PA      | $653210.00     | 0.00%             | 2061-02-16      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                             | ERAC USA Finance LLC                                                             | CUSIP: 26884TAP7<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     570000 | PA      | $550300.80     | 0.00%             | 2025-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| NEVADA POWER CO                                                                  | Nevada Power Co                                                                  | CUSIP: 641423CF3<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |     185000 | PA      | $211588.20     | 0.00%             | 2053-05-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW ZEALAND                                                              | Bank of New Zealand                                                              | CUSIP: 06407EAB1<br>LEI: N7LGVZM7X4UQ66T7LT74 | Long             | DBT              | CORP              | NZ        |    1281000 | PA      | $1205638.77    | 0.01%             | 2025-02-21      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                             | CUSIP: 92939UAH9<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |     365000 | PA      | $367204.60     | 0.00%             | 2025-09-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QCA2<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     450000 | PA      | $349321.50     | 0.00%             | 2049-08-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Celulosa Arauco Constitu                                                         | Celulosa Arauco y Constitucion SA                                                | CUSIP: 000000000<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |     450000 | PA      | $401809.50     | 0.00%             | 2050-01-29      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                                                | Atmos Energy Corp                                                                | CUSIP: 049560AR6<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     320000 | PA      | $285462.40     | 0.00%             | 2029-09-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CXC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      24932 | PA      | $25463.17      | 0.00%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385AT8<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |      45000 | PA      | $44321.85      | 0.00%             | 2024-04-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1535000 | PA      | $1376250.30    | 0.01%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                                                      | MetLife Inc                                                                      | CUSIP: 59156RCD8<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1041310.00    | 0.00%             | 2054-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                      | CUSIP: 85771PAQ5<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     499000 | PA      | $499189.62     | 0.00%             | 2043-11-08      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| HACKENSACK MERIDIAN HLTH                                                         | Hackensack Meridian Health Inc                                                   | CUSIP: 404530AB3<br>LEI: 5493001CB3OCWTEJY668 | Long             | DBT              | CORP              | US        |     318000 | PA      | $287726.40     | 0.00%             | 2048-07-01      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 780097BL4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    1575000 | PA      | $1496958.75    | 0.01%             | 2030-05-08      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                                                       | Mattel Inc                                                                       | CUSIP: 577081BF8<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |     420000 | PA      | $377248.20     | 0.00%             | 2029-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                       | CUSIP: 278865BJ8<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     439000 | PA      | $289766.34     | 0.00%             | 2055-08-18      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BLUE BRIGHT LTD                                                                  | Blue Bright Ltd                                                                  | CUSIP: 000000000<br>LEI: 254900UL07MB60VPV351 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $546864.00     | 0.00%             | 2026-02-09      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128282N9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1500000 | PA      | $1448671.88    | 0.01%             | 2024-07-31      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MAET2<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       4921 | PA      | $4872.11       | 0.00%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND CO                                                          | Becton Dickinson and Co                                                          | CUSIP: 075887CP2<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     455000 | PA      | $444152.80     | 0.00%             | 2032-08-22      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158AY2<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |     581000 | PA      | $529459.49     | 0.00%             | 2027-05-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| ABQ FINANCE                                                                      | ABQ Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300EKNBMBS9DNYE37 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $386464.00     | 0.00%             | 2024-09-24      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CONSENSUS CLOUD SOLUTION                                                         | Consensus Cloud Solutions Inc                                                    | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     370000 | PA      | $346549.40     | 0.00%             | 2028-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PRES & FELLOWS OF HARVAR                                                         | President and Fellows of Harvard College                                         | CUSIP: 740816AM5<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |     621000 | PA      | $508089.78     | 0.00%             | 2046-07-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| TRUST FIBRAUNO                                                                   | Trust Fibra Uno                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              |  | MX        |    1400000 | PA      | $1289064.00    | 0.01%             | 2030-01-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CL9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1000000 | PA      | $699900.00     | 0.00%             | 2045-12-10      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                               | Panama Government International Bond                                             | CUSIP: 698299AV6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     764000 | PA      | $812659.16     | 0.00%             | 2026-01-29      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                                                             | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     330000 | PA      | $301653.00     | 0.00%             | 2030-08-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   38000000 | PA      | $33641875.00   | 0.16%             | 2052-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BEASLEY MEZ HLDGS LLC                                                            | Beasley Mezzanine Holdings LLC                                                   | CUSIP: 07403VAA7<br>LEI: 549300VK8LJV1TK18D38 | Long             | DBT              | CORP              | US        |     200000 | PA      | $130108.00     | 0.00%             | 2026-02-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| Arch Capital Finance LLC                                                         | Arch Capital Finance LLC                                                         | CUSIP: 03939CAB9<br>LEI: 549300XG4URFY0200M65 | Long             | DBT              | CORP              | US        |     443000 | PA      | $406855.63     | 0.00%             | 2046-12-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081EJ8<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     965000 | PA      | $928397.55     | 0.00%             | 2038-09-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DaVita Inc                                                                       | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    1916000 | PA      | $1614172.52    | 0.01%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE II                                                               | Huarong Finance II Co Ltd                                                        | CUSIP: 000000000<br>LEI: 549300BHVD63HE2GHX17 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $378420.00     | 0.00%             | 2025-11-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                         | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBA9<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |     394000 | PA      | $343883.20     | 0.00%             | 2042-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XBT2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     800000 | PA      | $776416.00     | 0.00%             | 2027-01-17      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| CSC Holdings LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307AH0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     402000 | PA      | $393839.40     | 0.00%             | 2024-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3700000 | PA      | $3609812.50    | 0.02%             | 2044-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123CM0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2400000 | PA      | $1609560.00    | 0.01%             | 2047-05-11      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| TRIMAS CORP                                                                      | TriMas Corp                                                                      | CUSIP: 896215AH3<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | DBT              | CORP              | US        |     275000 | PA      | $244758.25     | 0.00%             | 2029-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788MAB8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     490000 | PA      | $409595.90     | 0.00%             | 2030-06-05      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Federal National Mortgage Association                                            | CUSIP: 31359MFP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |     585000 | PA      | $718865.55     | 0.00%             | 2030-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AVIC INTL FINANCE INVEST                                                         | AVIC International Finance & Investment Ltd                                      | CUSIP: 000000000<br>LEI: 3003001WMDQ27HEU2825 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $324072.00     | 0.00%             | 2030-09-23      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                             | ERAC USA Finance LLC                                                             | CUSIP: 26882PBE1<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     575000 | PA      | $669426.50     | 0.00%             | 2037-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    2500000 | PA      | $2142525.00    | 0.01%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BROADCOM CRP / CAYMN FI                                                          | Broadcom Corp / Broadcom Cayman Finance Ltd                                      | CUSIP: 11134LAR0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | XX        |     550000 | PA      | $515531.50     | 0.00%             | 2028-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CARRIAGE SERVICES INC                                                            | Carriage Services Inc                                                            | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     395000 | PA      | $324891.45     | 0.00%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                           | Motorola Solutions Inc                                                           | CUSIP: 620076BW8<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |     450000 | PA      | $457447.50     | 0.00%             | 2032-06-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123AY6<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1631000 | PA      | $1344873.67    | 0.01%             | 2036-03-17      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAJ9<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     826000 | PA      | $819862.82     | 0.00%             | 2025-04-27      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBS4<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     360000 | PA      | $300790.80     | 0.00%             | 2031-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK CHINA/HK                                                           | Industrial & Commercial Bank of China Ltd/Hong Kong                              | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $192506.00     | 0.00%             | 2025-06-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    1276000 | PA      | $996543.24     | 0.00%             | 2043-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DS4<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1083000 | PA      | $738032.01     | 0.00%             | 2050-11-13      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                   | CUSIP: 693304BE6<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     180000 | PA      | $171090.00     | 0.00%             | 2052-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AQ2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |      75000 | PA      | $68225.25      | 0.00%             | 2049-04-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DG2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    1150000 | PA      | $1054837.50    | 0.01%             | 2029-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LIONS GATE CAPITAL HOLD                                                          | Lions Gate Capital Holdings LLC                                                  | CUSIP: 53627NAE1<br>LEI: 549300MWJHNLR35C0837 | Long             | DBT              | CORP              | US        |     750000 | PA      | $487132.50     | 0.00%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NP6<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     539000 | PA      | $515219.32     | 0.00%             | 2028-02-07      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HJB7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1418000 | PA      | $1522350.62    | 0.01%             | 2041-07-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| TEMASEK FINANCIAL I LTD                                                          | Temasek Financial I Ltd                                                          | CUSIP: 87973PBA1<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |    1000000 | PA      | $818150.00     | 0.00%             | 2031-08-02      | Fixed         | 1.63%                 | No            |                  2 | On Loan: —       |
| BNG Bank NV                                                                      | BNG Bank NV                                                                      | CUSIP: 62944BBG8<br>LEI: 529900GGYMNGRQTDOO93 | Long             | DBT              | NUSS              | NL        |     250000 | PA      | $237330.00     | 0.00%             | 2026-03-16      | Fixed         | 2.38%                 | No            |                  2 | On Loan: —       |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550BS4<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     393000 | PA      | $389580.90     | 0.00%             | 2024-02-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | Level 3 Financing Inc                                                            | CUSIP: 527298BP7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     600000 | PA      | $519672.00     | 0.00%             | 2027-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | Post Holdings Inc                                                                | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     905000 | PA      | $839695.20     | 0.00%             | 2029-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STANFORD UNIVERSITY                                                              | Leland Stanford Junior University/The                                            | CUSIP: 85440KAA2<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |     370000 | PA      | $326258.60     | 0.00%             | 2048-05-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAM6<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    1185000 | PA      | $1041022.50    | 0.00%             | 2028-06-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| 10 RENEW POWER SUBSIDIAR                                                         | ReNew Wind Energy AP2 / ReNew Power Pvt Ltd other 9 Subsidiaries                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |     400000 | PA      | $341440.00     | 0.00%             | 2028-07-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHUBB CORP                                                                       | Chubb Corp/The                                                                   | CUSIP: 171232AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     264000 | PA      | $296524.80     | 0.00%             | 2037-05-11      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179W5B0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    4467022 | PA      | $3984102.90    | 0.02%             | 2052-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LD HOLDINGS GROUP LLC                                                            | LD Holdings Group LLC                                                            | CUSIP: 521088AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     340000 | PA      | $260657.60     | 0.00%             | 2025-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAP9<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    1155000 | PA      | $1094039.10    | 0.01%             | 2030-03-26      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| COCA-COLA FEMSA SAB CV                                                           | Coca-Cola Femsa SAB de CV                                                        | CUSIP: 191241AF5<br>LEI: 5493008KEVFYPMGTXO33 | Long             | DBT              | CORP              | MX        |     180000 | PA      | $185335.20     | 0.00%             | 2043-11-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Entergy Arkansas LLC                                                             | Entergy Arkansas LLC                                                             | CUSIP: 29364DAV2<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |     410000 | PA      | $397486.80     | 0.00%             | 2028-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDE3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     640000 | PA      | $511750.40     | 0.00%             | 2031-01-08      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2016-2 AA PTT                                                         | United Airlines 2016-2 Class AA Pass Through Trust                               | CUSIP: 90932EAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     360488 | PA      | $319987.35     | 0.00%             | 2028-10-07      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| DOLLAR TREE INC                                                                  | Dollar Tree Inc                                                                  | CUSIP: 256746AJ7<br>LEI: 549300PMSTQITB1WHR43 | Long             | DBT              | CORP              | US        |     545000 | PA      | $457870.85     | 0.00%             | 2031-12-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                                                     | Entegris Inc                                                                     | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     245000 | PA      | $221751.95     | 0.00%             | 2028-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                                              | Travel + Leisure Co                                                              | CUSIP: 98310WAQ1<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     215000 | PA      | $184087.30     | 0.00%             | 2030-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Loews Corp                                                                       | Loews Corp                                                                       | CUSIP: 540424AR9<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |     452000 | PA      | $398225.56     | 0.00%             | 2043-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                                               | Valero Energy Corp                                                               | CUSIP: 91913YBC3<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     460000 | PA      | $393001.00     | 0.00%             | 2031-12-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BANK MANDIRI PT                                                                  | Bank Mandiri Persero Tbk PT                                                      | CUSIP: 000000000<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $362768.00     | 0.00%             | 2026-04-19      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CELULOSA ARAUCO CONSTITU                                                         | Celulosa Arauco y Constitucion SA                                                | CUSIP: 000000000<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $182416.00     | 0.00%             | 2049-04-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD                                                                  | NCL Finance Ltd                                                                  | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     425000 | PA      | $345397.50     | 0.00%             | 2028-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 21987BAK4<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $209452.00     | 0.00%             | 2035-09-21      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YED3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     720000 | PA      | $584416.80     | 0.00%             | 2032-07-21      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                                                       | Carvana Co                                                                       | CUSIP: 146869AD4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     415000 | PA      | $180707.60     | 0.00%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2R4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     295000 | PA      | $250829.65     | 0.00%             | 2029-09-15      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1308000 | PA      | $1320164.40    | 0.01%             | 2029-10-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEW7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   16000000 | PA      | $15726250.08   | 0.08%             | 2027-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO                                                                     | Evergy Metro Inc                                                                 | CUSIP: 485134BR0<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |     325000 | PA      | $283809.50     | 0.00%             | 2048-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                                                           | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAA1<br>LEI: N/A                  | Long             | DBT              |  | US        |     390000 | PA      | $395452.20     | 0.00%             | 2025-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJSA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      25145 | PA      | $24312.61      | 0.00%             | 2031-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                              | Citigroup Commercial Mortgage Trust 2017-P7                                      | CUSIP: 17325HBP8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     750000 | PA      | $713836.04     | 0.00%             | 2050-04-14      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                                                         | Telefonica Emisiones SA                                                          | CUSIP: 87938WAC7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    1355000 | PA      | $1485581.35    | 0.01%             | 2036-06-20      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| ONE GAS INC                                                                      | ONE Gas Inc                                                                      | CUSIP: 68235PAL2<br>LEI: 549300HXDWI0LATTX840 | Long             | DBT              | CORP              | US        |     107000 | PA      | $102588.39     | 0.00%             | 2024-03-11      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                       | CUSIP: 98978VAL7<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     668000 | PA      | $630311.44     | 0.00%             | 2027-09-12      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DN2Q5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   15696495 | PA      | $15592629.91   | 0.07%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132LAV82<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     218947 | PA      | $219719.90     | 0.00%             | 2049-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GDC0<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     273000 | PA      | $249077.01     | 0.00%             | 2029-06-17      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HRY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2129000 | PA      | $2047139.95    | 0.01%             | 2028-02-01      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QK4D7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6253236 | PA      | $5296228.61    | 0.03%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBZ7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1289000 | PA      | $1020127.49    | 0.00%             | 2041-03-25      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE                                                         | Northwestern Mutual Life Insurance Co/The                                        | CUSIP: 668138AC4<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |    1136000 | PA      | $855135.36     | 0.00%             | 2059-09-30      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| VIGOROUS CHAMP INTL LTD                                                          | Vigorous Champion International Ltd                                              | CUSIP: 000000000<br>LEI: 254900LCCR122N588062 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $368760.00     | 0.00%             | 2029-05-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAZ1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     510000 | PA      | $492297.90     | 0.00%             | 2026-06-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                                            | Continental Resources Inc/OK                                                     | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    1165000 | PA      | $1143598.95    | 0.01%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH EDUCTNL FACS REVENUE                        | CUSIP: 60636AVL4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |     500000 | PA      | $408107.00     | 0.00%             | 2050-05-15      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIF GAS CO                                                            | Southern California Gas Co                                                       | CUSIP: 842434CR1<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |     390000 | PA      | $332919.60     | 0.00%             | 2048-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Emerson Electric Co                                                              | Emerson Electric Co                                                              | CUSIP: 291011BD5<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |      55000 | PA      | $56777.60      | 0.00%             | 2039-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SPCM SA                                                                          | SPCM SA                                                                          | CUSIP: 7846ELAE7<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |     220000 | PA      | $186315.80     | 0.00%             | 2030-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122BB3<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     350000 | PA      | $338509.50     | 0.00%             | 2027-02-27      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AES PANAMA GENERATION HL                                                         | AES Panama Generation Holdings SRL                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PA        |    1000000 | PA      | $892020.00     | 0.00%             | 2030-05-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAJ2<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |     889000 | PA      | $812883.82     | 0.00%             | 2030-07-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN INVEST CO                                                         | Inter-American Investment Corp                                                   | CUSIP: 000000000<br>LEI: 5493001X4LH60PFRL744 | Long             | DBT              | NUSS              | XX        |     615000 | PA      | $587275.80     | 0.00%             | 2024-10-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SPECTRA ENERGY PARTNERS                                                          | Spectra Energy Partners LP                                                       | CUSIP: 84756NAF6<br>LEI: 2HKVXE7U4NF5B6UGSU72 | Long             | DBT              | CORP              | US        |     240000 | PA      | $233155.20     | 0.00%             | 2025-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LIQUID TELECOM FINANCE                                                           | Liquid Telecommunications Financing Plc                                          | CUSIP: 000000000<br>LEI: 635400MXAVJRJJCWVI87 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $307280.00     | 0.00%             | 2026-09-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSL Finance PLC                                                                  | CSL Finance PLC                                                                  | CUSIP: 12661PAE9<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     465000 | PA      | $452961.15     | 0.00%             | 2052-04-27      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MOVIDA EUROPE SA                                                                 | Movida Europe SA                                                                 | CUSIP: 000000000<br>LEI: 549300YRJE0V6QKU7C86 | Long             | DBT              | CORP              | LU        |     600000 | PA      | $438996.00     | 0.00%             | 2031-02-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                                                                  | Xcel Energy Inc                                                                  | CUSIP: 98389BAY6<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |     633000 | PA      | $582796.77     | 0.00%             | 2030-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578AAP3<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     715000 | PA      | $638545.05     | 0.00%             | 2026-01-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| WARRIOR MET COAL INC                                                             | Warrior Met Coal Inc                                                             | CUSIP: 93627CAB7<br>LEI: 549300152B1S9YKBYV79 | Long             | DBT              | CORP              | US        |     215000 | PA      | $211901.85     | 0.00%             | 2028-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 124857AZ6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     557000 | PA      | $516701.05     | 0.00%             | 2029-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FKSH0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1000000 | PA      | $990421.02     | 0.00%             | 2028-11-25      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |
| Puget Sound Energy Inc                                                           | Puget Sound Energy Inc                                                           | CUSIP: 745332CD6<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     230000 | PA      | $240642.10     | 0.00%             | 2041-04-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 168863DY1<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    1400000 | PA      | $1248450.00    | 0.01%             | 2042-03-07      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264AAZ8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    2036000 | PA      | $1797116.12    | 0.01%             | 2050-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                        | CUSIP: 59523UAM9<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |    1001000 | PA      | $982321.34     | 0.00%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCZ7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2070000 | PA      | $2033485.20    | 0.01%             | 2026-04-26      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418ECV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1815195 | PA      | $1698980.25    | 0.01%             | 2037-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEF5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    1201000 | PA      | $939914.61     | 0.00%             | 2051-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| QNB FINANCE LTD                                                                  | QNB Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $723616.00     | 0.00%             | 2026-01-26      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                                                           | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |     755000 | PA      | $640776.05     | 0.00%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                                                         | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    2260000 | PA      | $2216382.00    | 0.01%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AmerisourceBergen Corp                                                           | AmerisourceBergen Corp                                                           | CUSIP: 03073EAM7<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |     575000 | PA      | $556617.25     | 0.00%             | 2025-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468Q5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2580000 | PA      | $2423858.40    | 0.01%             | 2026-04-28      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| NY & PRESBYTERIAN HOSPIT                                                         | New York and Presbyterian Hospital/The                                           | CUSIP: 649322AA2<br>LEI: 19EOSPKL8HML7MY3UE63 | Long             | DBT              | CORP              | US        |     475000 | PA      | $422322.50     | 0.00%             | 2045-08-01      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RDQ2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     525000 | PA      | $522170.25     | 0.00%             | 2027-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                              | CUSIP: 20268JAB9<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     457000 | PA      | $410203.20     | 0.00%             | 2029-10-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BC7<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     880000 | PA      | $837716.00     | 0.00%             | 2027-11-03      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254BU3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    1575000 | PA      | $1281262.50    | 0.01%             | 2036-02-18      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                     | CUSIP: 651639AP1<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     806000 | PA      | $792233.52     | 0.00%             | 2042-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAW1<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     465000 | PA      | $446567.40     | 0.00%             | 2052-08-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Mayo Clinic                                                                      | Mayo Clinic                                                                      | CUSIP: 578454AC4<br>LEI: 5493001OHMD58DCY4635 | Long             | DBT              | CORP              | US        |     150000 | PA      | $132474.00     | 0.00%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YAG4<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     333000 | PA      | $308890.80     | 0.00%             | 2026-09-13      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| ZHONGAN ONLINE P&C INSUR                                                         | ZhongAn Online P&C Insurance Co Ltd                                              | CUSIP: 000000000<br>LEI: 5299006845ISFI2WAI41 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $355968.00     | 0.00%             | 2026-03-08      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ELECTRICITE DE FRANCE SA                                                         | Electricite de France SA                                                         | CUSIP: 000000000<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     800000 | PA      | $594864.00     | 0.00%             | 2069-12-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KAZ6<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    1785000 | PA      | $1615710.60    | 0.01%             | 2026-03-11      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140HLJX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      18928 | PA      | $18976.96      | 0.00%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BNP7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      73759 | PA      | $73107.73      | 0.00%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BNSF Funding Trust I                                                             | BNSF Funding Trust I                                                             | CUSIP: 05567SAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     150000 | PA      | $145515.00     | 0.00%             | 2055-12-15      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50076QAE6<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    1220000 | PA      | $1174725.80    | 0.01%             | 2042-06-04      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBD6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1100000 | PA      | $1076229.00    | 0.01%             | 2029-05-16      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8GK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     754718 | PA      | $701269.37     | 0.00%             | 2047-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAP6<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     445000 | PA      | $361562.50     | 0.00%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IMOLA MERGER CORP                                                                | Imola Merger Corp                                                                | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1401000 | PA      | $1219360.35    | 0.01%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YBB6<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |     600000 | PA      | $590142.00     | 0.00%             | 2024-02-14      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ER5V8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1411880 | PA      | $1311890.98    | 0.01%             | 2047-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                   | Transocean Inc                                                                   | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     150000 | PA      | $154878.00     | 0.00%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                                         | Uruguay Government International Bond                                            | CUSIP: 760942AY8<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     555000 | PA      | $523553.70     | 0.00%             | 2045-11-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Vulcan Materials Co                                                              | Vulcan Materials Co                                                              | CUSIP: 929160AV1<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |     209000 | PA      | $187556.60     | 0.00%             | 2047-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VBP4<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     420000 | PA      | $383556.60     | 0.00%             | 2047-12-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828V80<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5100000 | PA      | $4976085.96    | 0.02%             | 2024-01-31      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XAZ3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     896000 | PA      | $849237.76     | 0.00%             | 2025-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAR2<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     770000 | PA      | $622768.30     | 0.00%             | 2031-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| EMAAR SUKUK LTD                                                                  | Emaar Sukuk Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300NZHOOO6634T541 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $382156.00     | 0.00%             | 2029-09-17      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                                                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AA9<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     176000 | PA      | $174618.40     | 0.00%             | 2040-09-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| GOLD FIELDS OROGEN HOLD                                                          | Gold Fields Orogen Holdings BVI Ltd                                              | CUSIP: 000000000<br>LEI: 213800CLGJ2E9KGU2F20 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $410632.00     | 0.00%             | 2029-05-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                      | CUSIP: 720186AK1<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     174000 | PA      | $133059.54     | 0.00%             | 2046-11-01      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| JD.COM INC                                                                       | JD.com Inc                                                                       | CUSIP: 47215PAF3<br>LEI: 549300HVTWB0GJZ16V92 | Long             | DBT              | CORP              | KY        |     430000 | PA      | $346898.20     | 0.00%             | 2050-01-14      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TJZ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      29557 | PA      | $29724.27      | 0.00%             | 2047-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Gray Television Inc                                                              | Gray Television Inc                                                              | CUSIP: 389375AJ5<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     575000 | PA      | $527177.25     | 0.00%             | 2026-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SINO OCEAN LAND IV                                                               | Sino-Ocean Land Treasure IV Ltd                                                  | CUSIP: 000000000<br>LEI: 213800EAGXDYG9QWS896 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $321304.00     | 0.00%             | 2025-01-13      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MOTION BONDCO DAC                                                                | Motion Bondco DAC                                                                | CUSIP: 61978XAA5<br>LEI: 635400KFD3IETNQLA755 | Long             | DBT              | CORP              | IE        |     250000 | PA      | $226005.00     | 0.00%             | 2027-11-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| CHARMING LIGHT INVST LTD                                                         | Charming Light Investments Ltd                                                   | CUSIP: 000000000<br>LEI: 254900BMY30PLHVJID29 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $565266.00     | 0.00%             | 2027-12-21      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DS5<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $201008.00     | 0.00%             | 2032-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corporation                                                         | Devon Energy Corp                                                                | CUSIP: 25179SAD2<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |      94000 | PA      | $110379.50     | 0.00%             | 2031-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDDB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7685612 | PA      | $6502791.28    | 0.03%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QCH6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     422000 | PA      | $385235.36     | 0.00%             | 2026-03-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128286A3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   15100000 | PA      | $14582117.26   | 0.07%             | 2026-01-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                                                                       | Biogen Inc                                                                       | CUSIP: 09062XAK9<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |    1011000 | PA      | $739303.86     | 0.00%             | 2051-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                                                           | Roper Technologies Inc                                                           | CUSIP: 776743AM8<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |     572000 | PA      | $521721.20     | 0.00%             | 2025-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AW3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     500000 | PA      | $531815.00     | 0.00%             | 2032-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBG4<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     402000 | PA      | $322552.74     | 0.00%             | 2030-10-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                | CUSIP: 867229AC0<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |     290000 | PA      | $325139.30     | 0.00%             | 2032-02-01      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEX9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     200000 | PA      | $205954.00     | 0.00%             | 2026-10-16      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| ENERFLEX LTD                                                                     | Enerflex Ltd                                                                     | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |     380000 | PA      | $386843.80     | 0.00%             | 2027-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JK4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     320000 | PA      | $294387.20     | 0.00%             | 2028-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                          | CUSIP: 404119CC1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1205000 | PA      | $979062.50     | 0.00%             | 2031-07-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                                  | Danske Bank A/S                                                                  | CUSIP: 23636ABA8<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    1260000 | PA      | $1164063.60    | 0.01%             | 2025-09-10      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308HN0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     543000 | PA      | $407668.11     | 0.00%             | 2046-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    1200000 | PA      | $1142376.00    | 0.01%             | 2027-11-02      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Becton Dickinson and Co                                                          | Becton Dickinson and Co                                                          | CUSIP: 075887BV0<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     642000 | PA      | $629487.42     | 0.00%             | 2024-06-06      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| STL HOLDING CO LLC                                                               | STL Holding Co LLC                                                               | CUSIP: 861036AA9<br>LEI: 984500BC2I63E7F48656 | Long             | DBT              | CORP              | US        |     130000 | PA      | $114078.90     | 0.00%             | 2026-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NY & PRESBYTERIAN HOSPIT                                                         | New York and Presbyterian Hospital/The                                           | CUSIP: 649322AJ3<br>LEI: 19EOSPKL8HML7MY3UE63 | Long             | DBT              | CORP              | US        |     323000 | PA      | $198690.22     | 0.00%             | 2060-08-01      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YBD0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    1082000 | PA      | $1060024.58    | 0.01%             | 2048-11-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    5262000 | PA      | $3858098.40    | 0.02%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UBD0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     444000 | PA      | $505724.88     | 0.00%             | 2038-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                                                           | Galaxy Pipeline Assets Bidco Ltd                                                 | CUSIP: 000000000<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |    1546448 | PA      | $1269386.38    | 0.01%             | 2040-09-30      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                           | Cox Communications Inc                                                           | CUSIP: 224044CF2<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     565000 | PA      | $524935.85     | 0.00%             | 2035-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 06417XAL5<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     160000 | PA      | $161224.00     | 0.00%             | 2024-12-06      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                  | CUSIP: 23503CAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     265000 | PA      | $256364.71     | 0.00%             | 2051-11-01      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                         | Public Service Enterprise Group Inc                                              | CUSIP: 744573AU0<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4177.90       | 0.00%             | 2031-11-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WG6H2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       8666 | PA      | $8278.81       | 0.00%             | 2046-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526CB3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    1235000 | PA      | $1196579.15    | 0.01%             | 2025-11-26      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                                                   | Public Storage                                                                   | CUSIP: 74460WAD9<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |     645000 | PA      | $571728.00     | 0.00%             | 2028-05-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                                           | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BR1<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     385000 | PA      | $325771.60     | 0.00%             | 2031-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     600000 | PA      | $565776.00     | 0.00%             | 2024-05-29      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CN HUANENG GP HK TREASUR                                                         | China Huaneng Group Hong Kong Treasury Management Holding Ltd                    | CUSIP: 000000000<br>LEI: 254900S9905REJFRBF91 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $735192.00     | 0.00%             | 2026-01-20      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844BT4<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     480000 | PA      | $455740.80     | 0.00%             | 2027-06-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAK6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     370000 | PA      | $300114.40     | 0.00%             | 2050-05-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140HAFK1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     146769 | PA      | $149143.75     | 0.00%             | 2048-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                                                  | Yum! Brands Inc                                                                  | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     560000 | PA      | $524944.00     | 0.00%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                      | CUSIP: 85771PAK8<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    1063000 | PA      | $1041782.52    | 0.00%             | 2024-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZC7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   18600000 | PA      | $17489812.50   | 0.08%             | 2025-02-28      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Nestle Holdings Inc                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AN4<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     970000 | PA      | $877840.30     | 0.00%             | 2048-09-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     675000 | PA      | $470826.00     | 0.00%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ATLANTIC CITY ELECTRIC                                                           | Atlantic City Electric Co                                                        | CUSIP: 048303CH2<br>LEI: 549300S5TW3VP5V06B73 | Long             | DBT              | CORP              | US        |     278000 | PA      | $270833.16     | 0.00%             | 2028-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                                                              | Ashtead Capital Inc                                                              | CUSIP: 045054AP8<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |     420000 | PA      | $338881.20     | 0.00%             | 2031-08-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286BZ9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1200000 | PA      | $1056024.00    | 0.01%             | 2040-01-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                                                    | Amphenol Corp                                                                    | CUSIP: 032095AJ0<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     705000 | PA      | $625151.70     | 0.00%             | 2030-02-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust                                     | American Express Credit Account Master Trust                                     | CUSIP: 02582JJT8<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |   10000000 | PA      | $9764726.20    | 0.05%             | 2027-05-15      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| AMERN AIRLINE 16-2 A PTT                                                         | American Airlines 2016-2 Class A Pass Through Trust                              | CUSIP: 023764AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     363348 | PA      | $298795.18     | 0.00%             | 2028-06-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: —       |
| BP Capital Markets PLC                                                           | BP Capital Markets PLC                                                           | CUSIP: 05565QDN5<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    1358000 | PA      | $1302091.14    | 0.01%             | 2027-09-19      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| H.B. FULLER CO                                                                   | HB Fuller Co                                                                     | CUSIP: 359694AB2<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |     215000 | PA      | $199728.55     | 0.00%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBM6<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     613000 | PA      | $476484.90     | 0.00%             | 2041-06-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| GOODMAN HK FINANCE                                                               | Goodman HK Finance                                                               | CUSIP: 000000000<br>LEI: 213800SL4LTTO1S5AU13 | Long             | DBT              | CORP              | KY        |     435000 | PA      | $369388.95     | 0.00%             | 2030-07-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ALLIANCE RES OP/FINANCE                                                          | Alliance Resource Operating Partners LP / Alliance Resource Finance Corp         | CUSIP: 01879NAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     265000 | PA      | $263256.30     | 0.00%             | 2025-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582BQ4<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    1651000 | PA      | $1470182.48    | 0.01%             | 2046-05-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                                                               | Serbia International Bond                                                        | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |     800000 | PA      | $612264.00     | 0.00%             | 2030-12-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Capital One Multi-Asset Execution Trust                                          | Capital One Multi-Asset Execution Trust                                          | CUSIP: 14041NFW6<br>LEI: R42WS16M9R97TJJKGU15 | Long             | ABS-O            | CORP              | US        |    2500000 | PA      | $2347926.30    | 0.01%             | 2026-07-15      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                            | CUSIP: 760759AW0<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     263000 | PA      | $194438.53     | 0.00%             | 2050-03-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Entergy Texas Inc                                                                | Entergy Texas Inc                                                                | CUSIP: 29365TAH7<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |     310000 | PA      | $288653.40     | 0.00%             | 2039-03-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VER1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    2292000 | PA      | $2259866.16    | 0.01%             | 2028-09-21      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| XLIT Ltd                                                                         | XLIT Ltd                                                                         | CUSIP: 98420EAD7<br>LEI: 635400XCGXK8NVDIVE95 | Long             | DBT              | CORP              | KY        |     465000 | PA      | $475699.65     | 0.00%             | 2045-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tesco PLC                                                                        | Tesco PLC                                                                        | CUSIP: 881575AC8<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | DBT              | CORP              | GB        |     583000 | PA      | $588730.89     | 0.00%             | 2037-11-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                           | CNH Industrial Capital LLC                                                       | CUSIP: 12592BAN4<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |     210000 | PA      | $205642.50     | 0.00%             | 2025-05-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1483000 | PA      | $1442603.08    | 0.01%             | 2029-03-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017BS7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     260000 | PA      | $279481.80     | 0.00%             | 2040-04-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                                                 | DT Midstream Inc                                                                 | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     685000 | PA      | $598813.30     | 0.00%             | 2031-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                                                            | Freedom Mortgage Corp                                                            | CUSIP: 35640YAF4<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |     390000 | PA      | $343270.20     | 0.00%             | 2026-05-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526CG2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    1157000 | PA      | $1093943.50    | 0.01%             | 2025-04-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QQLM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7940902 | PA      | $7858378.62    | 0.04%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HE6<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     555000 | PA      | $520168.20     | 0.00%             | 2026-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| OSHKOSH CORP                                                                     | Oshkosh Corp                                                                     | CUSIP: 688225AH4<br>LEI: 549300FEKNPCFSA2B506 | Long             | DBT              | CORP              | US        |     395000 | PA      | $346853.45     | 0.00%             | 2030-03-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | PROLOGIS LP                                                                      | CUSIP: 74340XBY6<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     645000 | PA      | $579687.30     | 0.00%             | 2029-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                                            | Tenet Healthcare Corp                                                            | CUSIP: 88033GCS7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     489000 | PA      | $482349.60     | 0.00%             | 2024-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                         | CUSIP: 26884LAL3<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     235000 | PA      | $227994.65     | 0.00%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GACI FIRST INVESTMENT                                                            | Gaci First Investment Co                                                         | CUSIP: 000000000<br>LEI: 558600TU1PWGNLZ3XM88 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $1018040.00    | 0.00%             | 2027-10-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBZ3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     629000 | PA      | $544468.69     | 0.00%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                                                                | Clean Harbors Inc                                                                | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |      50000 | PA      | $50934.00      | 0.00%             | 2031-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     875000 | PA      | $821108.75     | 0.00%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBW5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1431000 | PA      | $1275493.23    | 0.01%             | 2027-02-04      | Fixed         | 1.04%                 | No            |                  2 | On Loan: No      |
| FAIRFAX FINL HLDGS LTD                                                           | Fairfax Financial Holdings Ltd                                                   | CUSIP: 303901BB7<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |     455000 | PA      | $442196.30     | 0.00%             | 2028-04-17      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                                                         | Allison Transmission Inc                                                         | CUSIP: 019736AF4<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |     345000 | PA      | $332279.85     | 0.00%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023DA0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     818000 | PA      | $771275.84     | 0.00%             | 2026-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| XP INC                                                                           | XP Inc                                                                           | CUSIP: 000000000<br>LEI: 5493008KDA8NBZRJST80 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $359548.00     | 0.00%             | 2026-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Dell Inc                                                                         | Dell Inc                                                                         | CUSIP: 24702RAF8<br>LEI: 3E70L4WYANTIWWIPHC81 | Long             | DBT              | CORP              | US        |     345000 | PA      | $358972.50     | 0.00%             | 2038-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PREMIER ENTERTAINMENT SU                                                         | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp               | CUSIP: 74052HAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     555000 | PA      | $386979.30     | 0.00%             | 2031-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DP WORLD CRESCENT LTD                                                            | DP World Crescent Ltd                                                            | CUSIP: 000000000<br>LEI: 21380096JRTWB8TL9236 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $770576.00     | 0.00%             | 2029-07-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                                         | Hess Midstream Operations LP                                                     | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     531000 | PA      | $465474.60     | 0.00%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BB9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     764000 | PA      | $710779.76     | 0.00%             | 2038-07-26      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                         | KLA Corp                                                                         | CUSIP: 482480AM2<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |     835000 | PA      | $839467.25     | 0.00%             | 2052-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                                                   | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAT0<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |     390000 | PA      | $383401.20     | 0.00%             | 2027-05-13      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                      | CUSIP: 68389XCH6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     770000 | PA      | $822945.20     | 0.00%             | 2029-11-09      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016FZW7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     850000 | PA      | $857505.50     | 0.00%             | 2028-01-12      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788MAG7<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     660000 | PA      | $644991.60     | 0.00%             | 2028-06-06      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                                                                | Service Corp International/US                                                    | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     375000 | PA      | $358342.50     | 0.00%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WKXZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      94136 | PA      | $92711.86      | 0.00%             | 2032-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| APOLLO MANAGEMENT HOLDIN                                                         | Apollo Management Holdings LP                                                    | CUSIP: 03765HAC5<br>LEI: 5493006XQW0V5K38YM64 | Long             | DBT              | CORP              | US        |     120000 | PA      | $112956.00     | 0.00%             | 2048-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833BZ2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1296000 | PA      | $1222853.76    | 0.01%             | 2026-08-04      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                | CUSIP: 20826FAD8<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |     168000 | PA      | $164750.88     | 0.00%             | 2024-11-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co                                                                 | Georgia Power Co                                                                 | CUSIP: 373334JW2<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    1136000 | PA      | $1024740.16    | 0.00%             | 2042-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DB2<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $378552.00     | 0.00%             | 2025-02-12      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| TEMASEK FINANCIAL I LTD                                                          | Temasek Financial I Ltd                                                          | CUSIP: 87973PBC7<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |     600000 | PA      | $422742.00     | 0.00%             | 2061-08-02      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAD9<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |      91000 | PA      | $89447.54      | 0.00%             | 2024-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SHARJAH SUKUK PROGRAM                                                            | Sharjah Sukuk Program Ltd                                                        | CUSIP: 000000000<br>LEI: 549300N3BQ9P6RRMVV02 | Long             | DBT              | NUSS              | KY        |     600000 | PA      | $575466.00     | 0.00%             | 2028-03-14      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| CSL Finance PLC                                                                  | CSL Finance PLC                                                                  | CUSIP: 12661PAC3<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $195144.00     | 0.00%             | 2032-04-27      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38148LAC0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     918000 | PA      | $894416.58     | 0.00%             | 2025-01-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PAS7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     338000 | PA      | $324767.30     | 0.00%             | 2027-05-09      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBT1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1190000 | PA      | $1134736.40    | 0.01%             | 2025-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                        | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C17                      | CUSIP: 61763UAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2500000 | PA      | $2431647.38    | 0.01%             | 2047-08-15      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                                               | Voya Financial Inc                                                               | CUSIP: 929089AB6<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     438000 | PA      | $421351.62     | 0.00%             | 2026-06-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     800000 | PA      | $752264.00     | 0.00%             | 2044-11-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | Tenet Healthcare Corp                                                            | CUSIP: 88033GDP2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    1435000 | PA      | $1393801.15    | 0.01%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YBK6<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |     723000 | PA      | $529539.66     | 0.00%             | 2049-08-26      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BR6<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     180000 | PA      | $177881.40     | 0.00%             | 2025-08-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AutoZone Inc                                                                     | AutoZone Inc                                                                     | CUSIP: 053332AT9<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     403000 | PA      | $384921.42     | 0.00%             | 2026-04-21      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                                                                 | Arches Buyer Inc                                                                 | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |     665000 | PA      | $558925.85     | 0.00%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448DY1<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $956370.00     | 0.00%             | 2027-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                                                  | Oklahoma Gas and Electric Co                                                     | CUSIP: 678858BV2<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |      30000 | PA      | $27131.10      | 0.00%             | 2030-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZN7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1315000 | PA      | $1058706.50    | 0.01%             | 2043-02-24      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| BOXER PARENT CO INC                                                              | Boxer Parent Co Inc                                                              | CUSIP: 103186AC6<br>LEI: 5493006T045HLTF7YX04 | Long             | DBT              | CORP              | US        |     270000 | PA      | $257374.80     | 0.00%             | 2026-03-01      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JQ1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    1421000 | PA      | $1169568.26    | 0.01%             | 2040-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Dignity Health                                                                   | Dignity Health                                                                   | CUSIP: 254010AE1<br>LEI: TFVG45LTYVO3XKPZWP18 | Long             | DBT              | CORP              | US        |     288000 | PA      | $278228.16     | 0.00%             | 2064-11-01      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| Berkshire Hathaway Inc                                                           | Berkshire Hathaway Inc                                                           | CUSIP: 084670BK3<br>LEI: 5493000C01ZX7D35SD85 | Long             | DBT              | CORP              | US        |     745000 | PA      | $742228.60     | 0.00%             | 2043-02-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CNX Resources Corp                                                               | CNX Resources Corp                                                               | CUSIP: 12653CAC2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     188000 | PA      | $187154.00     | 0.00%             | 2027-03-14      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016FZR8<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     370000 | PA      | $376208.60     | 0.00%             | 2024-10-25      | Fixed         | 5.66%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DW5<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $891137.40     | 0.00%             | 2052-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ENDOWMENT/THE                                                         | California Endowment/The                                                         | CUSIP: 1301ETAA0<br>LEI: 54930046FICHFANLFV69 | Long             | DBT              | CORP              | US        |     210000 | PA      | $141943.20     | 0.00%             | 2051-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                       | CUSIP: 80282KBD7<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9784.50       | 0.00%             | 2025-06-09      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NAK7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     688000 | PA      | $801843.36     | 0.00%             | 2035-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RAM0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     726000 | PA      | $798723.42     | 0.00%             | 2035-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                             | CUSIP: 281020AQ0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     825000 | PA      | $803129.25     | 0.00%             | 2024-11-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348BN5<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     510000 | PA      | $419332.20     | 0.00%             | 2032-03-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                                                  | Madison IAQ LLC                                                                  | CUSIP: 55760LAA5<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |     515000 | PA      | $453539.90     | 0.00%             | 2028-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK DE MEXICO                                                         | Kimberly-Clark de Mexico SAB de CV                                               | CUSIP: 000000000<br>LEI: 549300JGHL56QT00KT54 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $334660.00     | 0.00%             | 2031-07-01      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6AM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   10286493 | PA      | $9642489.54    | 0.05%             | 2036-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO                                                                     | Evergy Metro Inc                                                                 | CUSIP: 30037DAA3<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |      30000 | PA      | $25528.20      | 0.00%             | 2030-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| EMPOWER FINANCE 2020 LP                                                          | Empower Finance 2020 LP                                                          | CUSIP: 29248HAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     892000 | PA      | $713055.88     | 0.00%             | 2031-03-17      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                                      | Vistra Operations Co LLC                                                         | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    1390000 | PA      | $1354138.00    | 0.01%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United Utilities PLC                                                             | United Utilities PLC                                                             | CUSIP: 91311QAC9<br>LEI: 213800KYT12UFB2VE455 | Long             | DBT              | CORP              | GB        |     290000 | PA      | $313086.90     | 0.00%             | 2028-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BP7<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     140000 | PA      | $116667.60     | 0.00%             | 2031-03-03      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC                                                          | O'Reilly Automotive Inc                                                          | CUSIP: 67103HAL1<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |     700000 | PA      | $698544.00     | 0.00%             | 2032-06-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967FX4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     786000 | PA      | $855969.72     | 0.00%             | 2042-01-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                                           | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     860000 | PA      | $816329.20     | 0.00%             | 2027-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2138000 | PA      | $1780718.82    | 0.01%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                                                            | Svensk Exportkredit AB                                                           | CUSIP: 00254ENA6<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |     510000 | PA      | $478895.10     | 0.00%             | 2024-07-30      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                          | Hyundai Capital America                                                          | CUSIP: 44891CAK9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     350000 | PA      | $320911.50     | 0.00%             | 2026-09-27      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER/TAL INT                                                         | Triton Container International Ltd / TAL International Container Corp            | CUSIP: 89681LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      55000 | PA      | $44673.20      | 0.00%             | 2032-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ROSS STORES INC                                                                  | Ross Stores Inc                                                                  | CUSIP: 778296AG8<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | DBT              | CORP              | US        |     165000 | PA      | $133892.55     | 0.00%             | 2031-04-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| HKT CAPITAL NO 2 LTD                                                             | HKT Capital No 2 Ltd                                                             | CUSIP: 000000000<br>LEI: 254900H0XCXGQBS2GA24 | Long             | DBT              | CORP              | VG        |     420000 | PA      | $405795.60     | 0.00%             | 2025-04-02      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $585708.00     | 0.00%             | 2024-04-19      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LIFESTORAGE LP                                                                   | LifeStorage LP/CA                                                                | CUSIP: 84610WAB1<br>LEI: X0MIGH67XZCB7HL1A534 | Long             | DBT              |  | US        |     656000 | PA      | $624079.04     | 0.00%             | 2026-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QAJQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     281423 | PA      | $287424.28     | 0.00%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081DV2<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    1114000 | PA      | $1065864.06    | 0.01%             | 2026-06-03      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123CG3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2050000 | PA      | $1543814.00    | 0.01%             | 2045-02-17      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 124857AR4<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     551000 | PA      | $506793.27     | 0.00%             | 2027-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                 | FirstEnergy Corp                                                                 | CUSIP: 337932AK3<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     245000 | PA      | $229846.75     | 0.00%             | 2025-03-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                                                 | Lamar Media Corp                                                                 | CUSIP: 513075BZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     365000 | PA      | $310436.15     | 0.00%             | 2031-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                                                             | Carpenter Technology Corp                                                        | CUSIP: 144285AM5<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |     205000 | PA      | $210463.25     | 0.00%             | 2030-03-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017BK4<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |       5000 | PA      | $5541.40       | 0.00%             | 2036-06-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Toledo Hospital/The                                                              | Toledo Hospital/The                                                              | CUSIP: 889184AE7<br>LEI: 5493009DCR7NWV6K4T34 | Long             | DBT              | CORP              | US        |     443000 | PA      | $296619.51     | 0.00%             | 2048-11-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                           | CUSIP: 460146CK7<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     591000 | PA      | $554842.62     | 0.00%             | 2044-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                                           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAD3<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     372000 | PA      | $350929.92     | 0.00%             | 2025-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 86765BAT6<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |    1035000 | PA      | $996591.15     | 0.00%             | 2026-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                                                    | Amphenol Corp                                                                    | CUSIP: 032095AL5<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     475000 | PA      | $392525.75     | 0.00%             | 2031-09-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 04650NAB0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     200000 | PA      | $201946.00     | 0.00%             | 2040-09-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Prologis LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBH3<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     610000 | PA      | $593267.70     | 0.00%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WHF56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      38749 | PA      | $37017.05      | 0.00%             | 2046-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Precision Castparts Corp                                                         | Precision Castparts Corp                                                         | CUSIP: 740189AP0<br>LEI: 0XOOAY5P5J7Q734SEC89 | Long             | DBT              | CORP              | US        |     245000 | PA      | $231975.80     | 0.00%             | 2045-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WW Grainger Inc                                                                  | WW Grainger Inc                                                                  | CUSIP: 384802AD6<br>LEI: 549300TWZSP6O1IH2V34 | Long             | DBT              | CORP              | US        |     130000 | PA      | $118133.60     | 0.00%             | 2047-05-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FR2<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     625000 | PA      | $615687.50     | 0.00%             | 2040-03-23      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| RESOLUTE FOREST PRODUCTS                                                         | Resolute Forest Products Inc                                                     | CUSIP: 76117WAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     235000 | PA      | $232920.25     | 0.00%             | 2026-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP                                                           | Toll Brothers Finance Corp                                                       | CUSIP: 88947EAS9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     475000 | PA      | $463191.50     | 0.00%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                                                  | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    1200000 | PA      | $987156.00     | 0.00%             | 2027-11-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER CHILE                                                            | Banco Santander Chile                                                            | CUSIP: 05971WAC7<br>LEI: 3YJP8HORPAEXJ80D6368 | Long             | DBT              | CORP              | CL        |     650000 | PA      | $623525.50     | 0.00%             | 2025-01-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: —       |
| PNC BANK NA                                                                      | PNC Bank NA                                                                      | CUSIP: 05552JAA7<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     916000 | PA      | $886660.52     | 0.00%             | 2024-08-27      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBZ6<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     420000 | PA      | $378525.00     | 0.00%             | 2025-10-01      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KNWU3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5974742 | PA      | $5245801.93    | 0.03%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MEDCO OAK TREE PTE LTD                                                           | Medco Oak Tree Pte Ltd                                                           | CUSIP: 000000000<br>LEI: 254900AU06KP3JTGZL51 | Long             | DBT              | CORP              | SG        |     400000 | PA      | $398836.00     | 0.00%             | 2026-05-14      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| STATE OF QATAR                                                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    1800000 | PA      | $1758348.00    | 0.01%             | 2025-04-16      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDK9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     955000 | PA      | $848899.50     | 0.00%             | 2026-06-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL SERVICES                                                         | Hyundai Capital Services Inc                                                     | CUSIP: 000000000<br>LEI: 549300MALMDAGL2ZJJ27 | Long             | DBT              | CORP              | KR        |     600000 | PA      | $530898.00     | 0.00%             | 2026-02-08      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                      | Cargill Inc                                                                      | CUSIP: 141781BQ6<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |    1080000 | PA      | $869518.80     | 0.00%             | 2031-02-02      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                                                         | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp               | CUSIP: 226373AP3<br>LEI: 549300VJQPPSEJPBNA66 | Long             | DBT              | CORP              | US        |     365000 | PA      | $359963.00     | 0.00%             | 2025-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CNTRL PARENT/CDK GLB INC                                                         | Central Parent Inc / CDK Global Inc                                              | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     610000 | PA      | $608712.90     | 0.00%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAD6<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     585000 | PA      | $564870.15     | 0.00%             | 2028-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CRH America Inc                                                                  | CRH America Inc                                                                  | CUSIP: 12626PAN3<br>LEI: 549300RN11MJ182CNF63 | Long             | DBT              | CORP              | US        |     460000 | PA      | $443964.40     | 0.00%             | 2045-05-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK                                                         | Huntington National Bank/The                                                     | CUSIP: 44644MAJ0<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |      75000 | PA      | $77994.75      | 0.00%             | 2030-01-10      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                                                         | Sensata Technologies Inc                                                         | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |     520000 | PA      | $443892.80     | 0.00%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                   | CUSIP: 594918CE2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    5642000 | PA      | $4312801.22    | 0.02%             | 2052-03-17      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                     | CUSIP: 174610AK1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |      85000 | PA      | $83004.20      | 0.00%             | 2025-12-03      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                         | CUSIP: 298785HV1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    4950000 | PA      | $4839169.50    | 0.02%             | 2024-03-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EDH0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   10083999 | PA      | $9438405.50    | 0.05%             | 2037-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                               | CUSIP: 78081BAN3<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     290000 | PA      | $230776.20     | 0.00%             | 2031-09-02      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| APOLLO MANAGEMENT HOLDIN                                                         | Apollo Management Holdings LP                                                    | CUSIP: 03765HAD3<br>LEI: 5493006XQW0V5K38YM64 | Long             | DBT              | CORP              | US        |     210000 | PA      | $202484.10     | 0.00%             | 2029-02-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335CAQ7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      98361 | PA      | $97167.71      | 0.00%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2C0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |      30000 | PA      | $28044.00      | 0.00%             | 2025-05-15      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BG7<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |      85000 | PA      | $90478.25      | 0.00%             | 2041-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Trimble Inc                                                                      | Trimble Inc                                                                      | CUSIP: 896239AA8<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |     644000 | PA      | $640142.44     | 0.00%             | 2024-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                                               | Conagra Brands Inc                                                               | CUSIP: 205887CC4<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     685000 | PA      | $685335.65     | 0.00%             | 2028-11-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER                                                           | Indiana Michigan Power Co                                                        | CUSIP: 454889AS5<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |     231000 | PA      | $223437.06     | 0.00%             | 2028-05-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: —       |
| GATX Corp                                                                        | GATX Corp                                                                        | CUSIP: 361448AY9<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |    1059000 | PA      | $1000829.13    | 0.00%             | 2026-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RDG4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     550000 | PA      | $610923.50     | 0.00%             | 2041-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Aptiv PLC                                                                        | Aptiv PLC                                                                        | CUSIP: 03835VAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     265000 | PA      | $255677.30     | 0.00%             | 2029-03-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MOUNT NITTANY MED CTR                                                            | Mount Nittany Medical Center Obligated Group                                     | CUSIP: 62213LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      95000 | PA      | $76751.45      | 0.00%             | 2052-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3000000 | PA      | $3292031.25    | 0.02%             | 2039-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                      | CUSIP: 452152GS4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     742857 | PA      | $800300.81     | 0.00%             | 2035-07-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09261BAF7<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     210000 | PA      | $132003.90     | 0.00%             | 2051-08-05      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| KSA SUKUK LTD                                                                    | KSA Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 635400XBJFPNCGN9CK71 | Long             | DBT              | NUSS              | KY        |     600000 | PA      | $519402.00     | 0.00%             | 2031-05-17      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DP WORLD PLC                                                                     | DP World Ltd/United Arab Emirates                                                | CUSIP: 000000000<br>LEI: 549300M3U2DNF4QVSS04 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $537096.00     | 0.00%             | 2049-09-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE                           | CUSIP: 254845RM4<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |     930000 | PA      | $745567.05     | 0.00%             | 2048-10-01      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| PROVINCIA DE BUENOS AIRE                                                         | Provincia de Buenos Aires/Government Bonds                                       | CUSIP: 000000000<br>LEI: 549300L6AYROPOTQ4L07 | Long             | DBT              | NUSS              | AR        |    3075000 | PA      | $1223665.50    | 0.01%             | 2037-09-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJYT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     214815 | PA      | $199800.46     | 0.00%             | 2046-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KLA CORP                                                                         | KLA Corp                                                                         | CUSIP: 482480AJ9<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |     355000 | PA      | $275824.35     | 0.00%             | 2050-03-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 641062AS3<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     440000 | PA      | $382184.00     | 0.00%             | 2027-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CQ3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     345000 | PA      | $285856.65     | 0.00%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| KEMPER CORP                                                                      | Kemper Corp                                                                      | CUSIP: 488401AC4<br>LEI: 549300FNI1JKTRY2PV09 | Long             | DBT              | CORP              | US        |     190000 | PA      | $152387.60     | 0.00%             | 2030-09-30      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                                                           | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     735000 | PA      | $608624.10     | 0.00%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137F64P9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2780000 | PA      | $2479376.44    | 0.01%             | 2027-09-25      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| PTC Inc                                                                          | PTC Inc                                                                          | CUSIP: 69370CAB6<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |     360000 | PA      | $345290.40     | 0.00%             | 2025-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2C7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     385000 | PA      | $363555.50     | 0.00%             | 2027-11-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MANILA WATER CO INC                                                              | Manila Water Co Inc                                                              | CUSIP: 000000000<br>LEI: 5493004SJIK0GOUIZM45 | Long             | DBT              | CORP              | PH        |     400000 | PA      | $355136.00     | 0.00%             | 2030-07-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBR6<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     310000 | PA      | $269771.30     | 0.00%             | 2028-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NTPC LTD                                                                         | NTPC Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800Q4TRGJXNLVMB81 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $196558.00     | 0.00%             | 2024-11-26      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Federal Home Loan Mortgage Corp                                                  | CUSIP: 3134A4AA2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    1060000 | PA      | $1280490.60    | 0.01%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833CR9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1904000 | PA      | $1839054.56    | 0.01%             | 2027-05-11      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                                                 | AmWINS Group Inc                                                                 | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |     520000 | PA      | $457808.00     | 0.00%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COSL SINGAPORE CAPITAL                                                           | COSL Singapore Capital Ltd                                                       | CUSIP: 000000000<br>LEI: 300300WB9ZSCZYXDFJ80 | Long             | DBT              | CORP              | SG        |     800000 | PA      | $694056.00     | 0.00%             | 2030-06-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XCSA4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     136986 | PA      | $135775.90     | 0.00%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   42240000 | PA      | $32082600.00   | 0.15%             | 2041-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                                                                       | Federal National Mortgage Association                                            | CUSIP: 3135G05Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   13630000 | PA      | $11181097.90   | 0.05%             | 2030-08-05      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| NY STATE ELECTRIC & GAS                                                          | New York State Electric & Gas Corp                                               | CUSIP: 649840CQ6<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |      70000 | PA      | $66948.70      | 0.00%             | 2026-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                                                         | Petrobras Global Finance BV                                                      | CUSIP: 71645WAQ4<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     438000 | PA      | $421842.18     | 0.00%             | 2040-01-20      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF ANGOLA                                                               | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     800000 | PA      | $703152.00     | 0.00%             | 2049-11-26      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GHQ5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    2606000 | PA      | $2465692.96    | 0.01%             | 2030-02-07      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                | CUSIP: 3622AAEU4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     142925 | PA      | $140838.05     | 0.00%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HQW3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1367000 | PA      | $1319469.41    | 0.01%             | 2026-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                             | Westpac Banking Corp                                                             | CUSIP: 961214DC4<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    1214000 | PA      | $1142374.00    | 0.01%             | 2026-08-19      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSUR & ANNUITY                                                         | Teachers Insurance & Annuity Association of America                              | CUSIP: 878091BC0<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |     459000 | PA      | $531847.89     | 0.00%             | 2039-12-16      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Ameren Illinois Co                                                               | Ameren Illinois Co                                                               | CUSIP: 02361DAR1<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     372000 | PA      | $315716.40     | 0.00%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804GJ7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     355000 | PA      | $333455.05     | 0.00%             | 2052-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SC GAMES HOLDIN/US FINCO                                                         | Scientific Games Holdings LP/Scientific Games US FinCo Inc                       | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     650000 | PA      | $579507.50     | 0.00%             | 2030-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Bausch Health Cos Inc                                                            | Bausch Health Cos Inc                                                            | CUSIP: 071734AC1<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     340000 | PA      | $229313.00     | 0.00%             | 2027-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                                                | International Finance Corp                                                       | CUSIP: 45950KCR9<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    1560000 | PA      | $1483014.00    | 0.01%             | 2024-10-16      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                       | CUSIP: 695114CJ5<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |      69000 | PA      | $78930.48      | 0.00%             | 2038-07-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FF5<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     267000 | PA      | $246093.90     | 0.00%             | 2054-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526CF4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     720000 | PA      | $581443.20     | 0.00%             | 2032-01-14      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                                                          | Fidelity National Information Services Inc                                       | CUSIP: 31620MAU0<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     345000 | PA      | $290752.20     | 0.00%             | 2046-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Markel Corp                                                                      | Markel Corp                                                                      | CUSIP: 570535AR5<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |     160000 | PA      | $152424.00     | 0.00%             | 2027-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP OVERSEAS DEV                                                         | Sinopec Group Overseas Development 2017 Ltd                                      | CUSIP: 000000000<br>LEI: 5493001IPW8ZGQ181Z16 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $179504.00     | 0.00%             | 2047-04-12      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC                                                              | Rocket Software Inc                                                              | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |     410000 | PA      | $342071.20     | 0.00%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CR0<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     333000 | PA      | $294871.50     | 0.00%             | 2049-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132L7LF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     114091 | PA      | $109182.41     | 0.00%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TULLOW OIL PLC                                                                   | Tullow Oil PLC                                                                   | CUSIP: 000000000<br>LEI: 2138003EYHWO75RKS857 | Long             | DBT              | CORP              | GB        |    1161000 | PA      | $998901.18     | 0.00%             | 2026-05-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| HACKENSACK MERIDIAN HLTH                                                         | Hackensack Meridian Health Inc                                                   | CUSIP: 404530AD9<br>LEI: 5493001CB3OCWTEJY668 | Long             | DBT              | CORP              | US        |     302000 | PA      | $210789.96     | 0.00%             | 2050-09-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Aramark Services Inc                                                             | Aramark Services Inc                                                             | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |     751000 | PA      | $708508.42     | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp                                                                  | CMS Energy Corp                                                                  | CUSIP: 125896BS8<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |     211000 | PA      | $199612.33     | 0.00%             | 2027-08-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DV6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     288000 | PA      | $281062.08     | 0.00%             | 2040-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD                                                                  | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $200434.00     | 0.00%             | 2027-07-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Hexcel Corp                                                                      | Hexcel Corp                                                                      | CUSIP: 428291AM0<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |     535000 | PA      | $523369.10     | 0.00%             | 2025-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON BANK                                                               | First Horizon Bank                                                               | CUSIP: 337158AJ8<br>LEI: COOWI3L2W9TPYR3WJX37 | Long             | DBT              | CORP              | US        |     325000 | PA      | $328887.00     | 0.00%             | 2030-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    4600000 | PA      | $4135400.00    | 0.02%             | 2046-10-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WKQV0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     219707 | PA      | $217560.16     | 0.00%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31410LUK6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     118972 | PA      | $117171.85     | 0.00%             | 2032-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Electric Co                                                         | Pennsylvania Electric Co                                                         | CUSIP: 708696BY4<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |     423000 | PA      | $392294.43     | 0.00%             | 2028-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAC2<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     741000 | PA      | $636511.59     | 0.00%             | 2047-05-25      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918AM6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     425000 | PA      | $477224.00     | 0.00%             | 2041-02-08      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     285000 | PA      | $302310.90     | 0.00%             | 2041-06-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BNG BANK NV                                                                      | BNG Bank NV                                                                      | CUSIP: 05591F2K5<br>LEI: 529900GGYMNGRQTDOO93 | Long             | DBT              | NUSS              | NL        |     500000 | PA      | $450530.00     | 0.00%             | 2026-05-18      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO INC                                                           | Church & Dwight Co Inc                                                           | CUSIP: 17136MAB8<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |     485000 | PA      | $487730.55     | 0.00%             | 2052-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MGM CHINA HOLDINGS LTD                                                           | MGM China Holdings Ltd                                                           | CUSIP: 55300RAE1<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $381552.00     | 0.00%             | 2025-06-18      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BM4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     650000 | PA      | $626054.00     | 0.00%             | 2026-03-30      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PEACEHEALTH OBLIGATED GR                                                         | PeaceHealth Obligated Group                                                      | CUSIP: 70462GAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     638000 | PA      | $579597.48     | 0.00%             | 2025-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                                                          | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAB1<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $949908.50     | 0.00%             | 2024-09-16      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | Level 3 Financing Inc                                                            | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     550000 | PA      | $409156.00     | 0.00%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBQ8<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     703000 | PA      | $601479.77     | 0.00%             | 2046-03-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448EQ7<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |    1482000 | PA      | $1421504.76    | 0.01%             | 2025-03-19      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TJK2<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    1320000 | PA      | $1184158.80    | 0.01%             | 2026-06-18      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO                                                          | Massachusetts Mutual Life Insurance Co                                           | CUSIP: 575767AM0<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |     940000 | PA      | $867178.20     | 0.00%             | 2069-02-15      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                         | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBC5<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |     455000 | PA      | $355022.85     | 0.00%             | 2043-01-31      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GWV2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1652000 | PA      | $1560479.20    | 0.01%             | 2029-04-23      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| Aon Corp                                                                         | Aon Corp                                                                         | CUSIP: 037389BB8<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |    1235000 | PA      | $1222489.45    | 0.01%             | 2028-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SINGTEL GROUP TREASURY                                                           | SingTel Group Treasury Pte Ltd                                                   | CUSIP: 000000000<br>LEI: 2549002FQJ4364A54N70 | Long             | DBT              | CORP              | SG        |    1200000 | PA      | $1053636.00    | 0.01%             | 2029-08-28      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Republic of Korea                                                                | Korea International Bond                                                         | CUSIP: 50064FAM6<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $382016.00     | 0.00%             | 2027-01-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BK5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    1215000 | PA      | $806480.55     | 0.00%             | 2060-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142EE9<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     885000 | PA      | $875043.75     | 0.00%             | 2028-06-26      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MEZ3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     768000 | PA      | $768591.36     | 0.00%             | 2035-12-09      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Markel Corp                                                                      | Markel Corp                                                                      | CUSIP: 570535AS3<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |     360000 | PA      | $299851.20     | 0.00%             | 2047-11-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| BANK OF COMMUNICATION HK                                                         | Bank of Communications Hong Kong Ltd                                             | CUSIP: 000000000<br>LEI: 254900BIDL79UKUMX541 | Long             | DBT              | CORP              | HK        |     850000 | PA      | $775259.50     | 0.00%             | 2031-07-08      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KLHN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8200590 | PA      | $6939384.61    | 0.03%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMU76<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       8345 | PA      | $8076.09       | 0.00%             | 2031-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                                                      | KeyBank NA/Cleveland OH                                                          | CUSIP: 49327V2A1<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |     630000 | PA      | $598978.80     | 0.00%             | 2026-05-20      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI HC CAPITAL                                                            | Mitsubishi HC Capital Inc                                                        | CUSIP: 60682LAE2<br>LEI: 353800MZ3QX9RLMH7B09 | Long             | DBT              | CORP              | JP        |     600000 | PA      | $589068.00     | 0.00%             | 2024-02-28      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ3X6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      71597 | PA      | $68429.77      | 0.00%             | 2048-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                            | Uber Technologies Inc                                                            | CUSIP: 90353TAF7<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     720000 | PA      | $730929.60     | 0.00%             | 2025-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                        | CUSIP: 039483BQ4<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |     340000 | PA      | $331217.80     | 0.00%             | 2049-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CR5<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1510000 | PA      | $1545756.80    | 0.01%             | 2032-12-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| VERICAST CORP                                                                    | Vericast Corp                                                                    | CUSIP: 92348BAA1<br>LEI: 549300J73P7FL8TVF308 | Long             | DBT              | CORP              | US        |     882636 | PA      | $955682.96     | 0.00%             | 2026-09-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                                                   | Open Text Corp                                                                   | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     780000 | PA      | $677937.00     | 0.00%             | 2028-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20800000 | PA      | $13786500.00   | 0.07%             | 2040-08-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| WHEEL PROS INC                                                                   | Wheel Pros Inc                                                                   | CUSIP: 96289WAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     245000 | PA      | $95025.70      | 0.00%             | 2029-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1203000 | PA      | $997046.40     | 0.00%             | 2029-03-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                     | CUSIP: 59447TXX6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |      55000 | PA      | $46659.14      | 0.00%             | 2040-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTILITIES                                                           | PPL Electric Utilities Corp                                                      | CUSIP: 69351UAV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     215000 | PA      | $193220.50     | 0.00%             | 2048-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CH7<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1200000 | PA      | $1220688.00    | 0.01%             | 2029-02-11      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                | CUSIP: 17275RBC5<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |     678000 | PA      | $654270.00     | 0.00%             | 2026-02-28      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL                                                          | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: 000000000<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $144148.00     | 0.00%             | 2031-02-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136B2HA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2750000 | PA      | $2669535.52    | 0.01%             | 2028-07-25      | Variable      | 3.36%                 | No            |                  2 | On Loan: No      |
| VONTIER CORP                                                                     | Vontier Corp                                                                     | CUSIP: 928881AF8<br>LEI: 549300VVSQLG4P5K4639 | Long             | DBT              | CORP              | US        |     653000 | PA      | $507400.59     | 0.00%             | 2031-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550AQ9<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     305000 | PA      | $347001.55     | 0.00%             | 2033-08-15      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                                                   | PulteGroup Inc                                                                   | CUSIP: 745867AM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     238000 | PA      | $273928.48     | 0.00%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913Q2V0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     303000 | PA      | $296206.74     | 0.00%             | 2024-05-17      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                         | CUSIP: 44106MBB7<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     279000 | PA      | $209562.48     | 0.00%             | 2029-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WDQ3<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     693000 | PA      | $634406.85     | 0.00%             | 2025-06-24      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                            | Bath & Body Works Inc                                                            | CUSIP: 501797AU8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     185000 | PA      | $198110.95     | 0.00%             | 2025-07-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFJ8<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     820000 | PA      | $739418.60     | 0.00%             | 2029-09-01      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAK0<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     395000 | PA      | $363170.90     | 0.00%             | 2027-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KPNP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2796999 | PA      | $2359011.66    | 0.01%             | 2052-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KAX1<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    1030000 | PA      | $985143.50     | 0.00%             | 2024-03-11      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                    | UniCredit SpA                                                                    | CUSIP: 904678AW9<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |     810000 | PA      | $711228.60     | 0.00%             | 2027-06-03      | Fixed         | 1.98%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DVLS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3686693 | PA      | $3124314.12    | 0.01%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 28370TAD1<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     199000 | PA      | $231042.98     | 0.00%             | 2040-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                                                          | Howard Midstream Energy Partners LLC                                             | CUSIP: 442722AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     265000 | PA      | $258361.75     | 0.00%             | 2027-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 084659BD2<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     677000 | PA      | $544341.85     | 0.00%             | 2031-05-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142CH4<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |      40000 | PA      | $42897.60      | 0.00%             | 2027-04-05      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BANK OF CHINA                                                                    | Bank of China Ltd                                                                | CUSIP: 06120TAA6<br>LEI: 54930053HGCFWVHYZX42 | Long             | DBT              | CORP              | CN        |    2500000 | PA      | $2502925.00    | 0.01%             | 2024-11-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CROATIA                                                                          | Croatia Government International Bond                                            | CUSIP: 000000000<br>LEI: 74780000O00QGQ7CER13 | Long             | DBT              | NUSS              | HR        |     400000 | PA      | $401672.00     | 0.00%             | 2024-01-26      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CANO HEALTH LLC                                                                  | Cano Health LLC                                                                  | CUSIP: 13782CAA8<br>LEI: 254900OGI2T8V1NXN639 | Long             | DBT              | CORP              | US        |     270000 | PA      | $172119.60     | 0.00%             | 2028-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CT0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    1896000 | PA      | $1896303.36    | 0.01%             | 2025-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                            | CUSIP: 69371RS23<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     235000 | PA      | $238127.85     | 0.00%             | 2025-10-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167EG4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     940000 | PA      | $898376.80     | 0.00%             | 2028-01-19      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810PW2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1000000 | PA      | $1097031.25    | 0.01%             | 2038-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DARTMOUTH-HITCH HEALTH                                                           | Dartmouth-Hitchcock Health                                                       | CUSIP: 23745QAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     175000 | PA      | $148414.00     | 0.00%             | 2048-08-01      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                                                         | FirstEnergy Transmission LLC                                                     | CUSIP: 33767BAA7<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     465000 | PA      | $458596.95     | 0.00%             | 2044-07-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                         | CUSIP: 298785HM1<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    1225000 | PA      | $1158886.75    | 0.01%             | 2027-05-24      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| GLP CHINA HOLDINGS LTD                                                           | GLP China Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 254900C6X2D3TGF2CO98 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $317228.00     | 0.00%             | 2026-03-29      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| TransAlta Corp                                                                   | TransAlta Corp                                                                   | CUSIP: 89346DAE7<br>LEI: GJZNVO2UY6DNFNIYH321 | Long             | DBT              | CORP              | CA        |     271000 | PA      | $260168.13     | 0.00%             | 2040-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV FIN                                                         | Anheuser-Busch InBev Finance Inc                                                 | CUSIP: 03524BAF3<br>LEI: 5493000EYEKDT0FBSQ91 | Long             | DBT              | CORP              | US        |    1017000 | PA      | $959244.57     | 0.00%             | 2044-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| L-BANK BW FOERDERBANK                                                            | Landeskreditbank Baden-Wuerttemberg Foerderbank                                  | CUSIP: 000000000<br>LEI: 0SK1ILSPWNVBNQWU0W18 | Long             | DBT              | CORP              | DE        |      50000 | PA      | $45178.00      | 0.00%             | 2025-12-08      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ARGENTUM (SWISS RE LTD)                                                          | Argentum Netherlands BV for Swiss Re Ltd                                         | CUSIP: 000000000<br>LEI: 724500RPEZI5VVQQWE89 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $389248.00     | 0.00%             | 2052-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EJ3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     140000 | PA      | $122018.40     | 0.00%             | 2046-03-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133AQBV8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5177818 | PA      | $4723476.89    | 0.02%             | 2051-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNIVAR SOLUTIONS USA INC                                                         | Univar Solutions USA Inc/Washington                                              | CUSIP: 91337CAA4<br>LEI: 5493008FTB9VZW6CVA82 | Long             | DBT              | CORP              | US        |     297000 | PA      | $288366.21     | 0.00%             | 2027-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                                                                | ONEOK Partners LP                                                                | CUSIP: 68268NAG8<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |     352000 | PA      | $357980.48     | 0.00%             | 2041-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| NTPC Ltd                                                                         | NTPC Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800Q4TRGJXNLVMB81 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $392768.00     | 0.00%             | 2024-04-03      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MALDIVES SUKUK ISSUANCE                                                          | Maldives Sukuk Issuance Ltd                                                      | CUSIP: 000000000<br>LEI: 549300RPRH3HJCZQP933 | Long             | DBT              | NUSS              | KY        |     400000 | PA      | $338668.00     | 0.00%             | 2026-04-08      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                     | Navient Corp                                                                     | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     460000 | PA      | $407205.80     | 0.00%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BR4<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     400000 | PA      | $401328.00     | 0.00%             | 2024-11-18      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp                                                                   | Whirlpool Corp                                                                   | CUSIP: 963320AW6<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     948000 | PA      | $941288.16     | 0.00%             | 2029-02-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITD                                                         | Perrigo Finance Unlimited Co                                                     | CUSIP: 714295AA0<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     225000 | PA      | $166851.00     | 0.00%             | 2044-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2015-1A PTT                                                           | Air Canada 2015-1 Class A Pass Through Trust                                     | CUSIP: 009090AA9<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |     315252 | PA      | $286910.99     | 0.00%             | 2027-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                        | CUSIP: 039483AT9<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |       5000 | PA      | $5552.05       | 0.00%             | 2032-10-01      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                                                           | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AM2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |     810000 | PA      | $776312.10     | 0.00%             | 2027-04-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER MEXICO                                                           | Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand | CUSIP: 000000000<br>LEI: SCRYQ25DTVRHYYMM6P89 | Long             | DBT              | CORP              | MX        |    1050000 | PA      | $1052005.50    | 0.01%             | 2025-04-17      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XVNB5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     450892 | PA      | $419329.78     | 0.00%             | 2047-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CORP ANDINA DE FOMENTO                                                           | Corp Andina de Fomento                                                           | CUSIP: 219868CD6<br>LEI: UKZ46SXGNYCZK0UOZE76 | Long             | DBT              | NUSS              | XX        |     545000 | PA      | $502849.70     | 0.00%             | 2025-09-23      | Fixed         | 1.63%                 | No            |                  2 | On Loan: —       |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                         | CUSIP: 64972FT30<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |     250000 | PA      | $288281.75     | 0.00%             | 2042-06-15      | Fixed         | 5.72%                 | No            |                  2 | On Loan: —       |
| CORP FINANCIERA DE DESAR                                                         | Corp Financiera de Desarrollo SA                                                 | CUSIP: 000000000<br>LEI: 254900BOM7T4MG6T0J30 | Long             | DBT              | NUSS              | PE        |     600000 | PA      | $519666.00     | 0.00%             | 2027-09-28      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QFFK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2081592 | PA      | $1838786.85    | 0.01%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CH3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     515000 | PA      | $464967.75     | 0.00%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                               | CUSIP: 832696AV0<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |       5000 | PA      | $3675.70       | 0.00%             | 2041-09-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                                                          | Digital Realty Trust LP                                                          | CUSIP: 25389JAU0<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              |  | US        |     864000 | PA      | $793523.52     | 0.00%             | 2029-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCC3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1632000 | PA      | $1409542.08    | 0.01%             | 2047-11-01      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| TOTAL PLAY TELECOM                                                               | Total Play Telecomunicaciones SA de CV                                           | CUSIP: 000000000<br>LEI: 4469000001BSAPAMOQ06 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $374120.00     | 0.00%             | 2025-11-12      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNSZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19256365 | PA      | $17530543.93   | 0.08%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KH3<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    1054000 | PA      | $943604.04     | 0.00%             | 2027-05-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| HOLLY NRG PRTNR/FIN CORP                                                         | Holly Energy Partners LP / Holly Energy Finance Corp                             | CUSIP: 435765AH5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     395000 | PA      | $367812.15     | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 683234AQ1<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     275000 | PA      | $243218.25     | 0.00%             | 2027-05-21      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                                                                     | Chevron Corp                                                                     | CUSIP: 166764BX7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1375000 | PA      | $1262305.00    | 0.01%             | 2027-05-11      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JJ0<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     284000 | PA      | $232124.56     | 0.00%             | 2046-06-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PIONEER NATURAL RESOURCE                                                         | Pioneer Natural Resources Co                                                     | CUSIP: 723787AQ0<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | DBT              | CORP              | US        |    1020000 | PA      | $836349.00     | 0.00%             | 2030-08-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DJ6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    1225000 | PA      | $1147751.50    | 0.01%             | 2030-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VBC7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     245000 | PA      | $216984.25     | 0.00%             | 2032-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| WINTRUST FINANCIAL CORP                                                          | Wintrust Financial Corp                                                          | CUSIP: 97650WAG3<br>LEI: Q774KI4AW80FHFW33O61 | Long             | DBT              | CORP              | US        |      25000 | PA      | $23457.00      | 0.00%             | 2029-06-06      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAA1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    1427000 | PA      | $1411674.02    | 0.01%             | 2024-11-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS                                                           | Zimmer Biomet Holdings Inc                                                       | CUSIP: 98956PAU6<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |     200000 | PA      | $188744.00     | 0.00%             | 2024-11-22      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                                                                       | Ecolab Inc                                                                       | CUSIP: 278865BP4<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     440000 | PA      | $457168.80     | 0.00%             | 2028-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                             | CUSIP: 85172FAM1<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    1085000 | PA      | $1081452.05    | 0.01%             | 2025-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Mississippi Power Co                                                             | Mississippi Power Co                                                             | CUSIP: 605417BZ6<br>LEI: LNZ0J6YZ5SC6ILIRU850 | Long             | DBT              | CORP              | US        |      46000 | PA      | $39858.08      | 0.00%             | 2042-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                   | CUSIP: 79466LAK0<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     665000 | PA      | $501842.25     | 0.00%             | 2041-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571903BJ1<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     720000 | PA      | $726127.20     | 0.00%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                | CUSIP: 36178D2T7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       8053 | PA      | $7519.18       | 0.00%             | 2043-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Trinity Health Corp                                                              | Trinity Health Corp                                                              | CUSIP: 896516AA9<br>LEI: TWSRHFGEDJDX0GKMGJ67 | Long             | DBT              | CORP              | US        |     488000 | PA      | $440546.88     | 0.00%             | 2045-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BW1<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |     505000 | PA      | $446228.10     | 0.00%             | 2028-12-13      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                                                              | Quanta Services Inc                                                              | CUSIP: 74762EAF9<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |     905000 | PA      | $776001.30     | 0.00%             | 2030-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO                                                              | Consumers Energy Co                                                              | CUSIP: 210518DN3<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |      85000 | PA      | $58030.35      | 0.00%             | 2052-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN LLC / JFIN                                                         | Jefferies Finance LLC / JFIN Co-Issuer Corp                                      | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     660000 | PA      | $563679.60     | 0.00%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JobsOhio Beverage System                                                         | JOBSOHIO BEVERAGE SYS STWD LIQUOR PROFITS REVENUE                                | CUSIP: 47770VAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     350000 | PA      | $348545.05     | 0.00%             | 2035-01-01      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FJ2<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     848000 | PA      | $782000.16     | 0.00%             | 2027-02-05      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                                                              | Georgia-Pacific LLC                                                              | CUSIP: 37331NAJ0<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     726000 | PA      | $672718.86     | 0.00%             | 2025-09-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    2300000 | PA      | $2312075.00    | 0.01%             | 2030-04-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RAILWORKS HOLDINGS LP/R                                                          | Railworks Holdings LP / Railworks Rally Inc                                      | CUSIP: 75079MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     205000 | PA      | $190164.15     | 0.00%             | 2028-11-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS                                                         | Suburban Propane Partners LP/Suburban Energy Finance Corp                        | CUSIP: 864486AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     460000 | PA      | $401607.60     | 0.00%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAH9<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     413000 | PA      | $366913.33     | 0.00%             | 2048-05-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| NEWMONT CORP                                                                     | Newmont Corp                                                                     | CUSIP: 651639AZ9<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | DBT              | CORP              | US        |     375000 | PA      | $313848.75     | 0.00%             | 2032-07-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   47344700 | PA      | $38038507.41   | 0.18%             | 2046-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TUNISIAN REPUBLIC                                                                | Tunisian Republic                                                                | CUSIP: 000000000<br>LEI: 254900B5LFB16S9T2T11 | Long             | DBT              | NUSS              | TN        |     807000 | PA      | $525066.48     | 0.00%             | 2025-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133L8UY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2143653 | PA      | $1956091.78    | 0.01%             | 2037-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CH3<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     450000 | PA      | $392166.00     | 0.00%             | 2028-09-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: —       |
| ONEAMERICA FINL PARTNERS                                                         | OneAmerica Financial Partners Inc                                                | CUSIP: 682441AB6<br>LEI: 5493009S1SVD6UNUDB08 | Long             | DBT              | CORP              | US        |     165000 | PA      | $124782.90     | 0.00%             | 2050-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XCY0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     970000 | PA      | $854492.40     | 0.00%             | 2030-06-21      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINE GROUP                                                          | Columbia Pipeline Group Inc                                                      | CUSIP: 198280AH2<br>LEI: 549300SRP1TQM9JJBG80 | Long             | DBT              | CORP              | US        |     507000 | PA      | $535939.56     | 0.00%             | 2045-06-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ADANI GREEN ENERGY UP                                                            | Adani Green Energy UP Ltd / Prayatna Developers Pvt Ltd / Parampujya Solar Energ | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |     400000 | PA      | $371072.00     | 0.00%             | 2024-12-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EJ2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     730000 | PA      | $620310.20     | 0.00%             | 2052-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                                                                 | Vail Resorts Inc                                                                 | CUSIP: 91879QAL3<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |     352000 | PA      | $353953.60     | 0.00%             | 2025-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BOYNE USA INC                                                                    | Boyne USA Inc                                                                    | CUSIP: 103557AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     405000 | PA      | $367112.25     | 0.00%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   32350000 | PA      | $30173957.19   | 0.14%             | 2029-03-31      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599CS2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     340000 | PA      | $316132.00     | 0.00%             | 2029-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Aon Corp                                                                         | Aon Corp                                                                         | CUSIP: 037389BC6<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |     224000 | PA      | $212520.00     | 0.00%             | 2029-05-02      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBM5<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     605000 | PA      | $589614.85     | 0.00%             | 2024-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EK0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     115000 | PA      | $90127.80      | 0.00%             | 2046-08-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS                                                          | Surgery Center Holdings Inc                                                      | CUSIP: 84611WAB0<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |      95000 | PA      | $94406.25      | 0.00%             | 2025-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                  | CUSIP: 2350367A2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    1150000 | PA      | $875498.45     | 0.00%             | 2050-11-01      | Fixed         | 2.92%                 | No            |                  2 | On Loan: —       |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BC7<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |     707000 | PA      | $702086.35     | 0.00%             | 2055-10-23      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167EW9<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    1770000 | PA      | $1611585.00    | 0.01%             | 2025-09-03      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| AGRICULTURAL BK CHINA/SG                                                         | Agricultural Bank Of China Ltd/Singapore                                         | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | DBT              | CORP              | CN        |     600000 | PA      | $544176.00     | 0.00%             | 2026-03-02      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023AS4<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     860000 | PA      | $948347.80     | 0.00%             | 2038-02-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                                                             | Saudi Arabian Oil Co                                                             | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |     800000 | PA      | $738720.00     | 0.00%             | 2025-11-24      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $554508.00     | 0.00%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                                   | EPR Properties                                                                   | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |     400000 | PA      | $361464.00     | 0.00%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK CHINA                                                         | Export-Import Bank of China/The                                                  | CUSIP: 000000000<br>LEI: 300300C1020211000045 | Long             | DBT              | NUSS              | CN        |     600000 | PA      | $533712.00     | 0.00%             | 2047-11-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wyeth LLC                                                                        | Wyeth LLC                                                                        | CUSIP: 983024AG5<br>LEI: 549300Q9GR3WRH4N4836 | Long             | DBT              | CORP              | US        |     861000 | PA      | $1006750.08    | 0.00%             | 2034-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JD.com Inc                                                                       | JD.com Inc                                                                       | CUSIP: 47215PAC0<br>LEI: 549300HVTWB0GJZ16V92 | Long             | DBT              | CORP              | KY        |     766000 | PA      | $739565.34     | 0.00%             | 2026-04-29      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09256BAK3<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     255000 | PA      | $204979.20     | 0.00%             | 2047-10-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KQKT2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5000000 | PA      | $5033067.80    | 0.02%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WFDH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      85439 | PA      | $81698.76      | 0.00%             | 2046-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BU7<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |      90000 | PA      | $82650.60      | 0.00%             | 2056-08-08      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                                                      | MetLife Inc                                                                      | CUSIP: 59156RBZ0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     855000 | PA      | $868833.90     | 0.00%             | 2030-03-23      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83367TBR9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     780000 | PA      | $760749.60     | 0.00%             | 2025-11-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GAIF BOND ISSUER P/L                                                             | GAIF Bond Issuer Pty Ltd                                                         | CUSIP: 361435AA8<br>LEI: 2138007UNQRHCRSBNZ86 | Long             | DBT              | CORP              | AU        |     670000 | PA      | $629960.80     | 0.00%             | 2026-09-30      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810FT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3400000 | PA      | $3778781.25    | 0.02%             | 2036-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAS6<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     470000 | PA      | $446556.40     | 0.00%             | 2024-04-26      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| KAISER FOUNDATION HOSPIT                                                         | Kaiser Foundation Hospitals                                                      | CUSIP: 48305QAC7<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |     160000 | PA      | $153211.20     | 0.00%             | 2027-05-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| RADIATE HOLDCO / FINANCE                                                         | Radiate Holdco LLC / Radiate Finance Inc                                         | CUSIP: 75026JAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     590000 | PA      | $451928.20     | 0.00%             | 2026-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DD7<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1295000 | PA      | $1257406.15    | 0.01%             | 2027-11-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: —       |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDT6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     780000 | PA      | $677211.60     | 0.00%             | 2039-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORP                                                            | Owl Rock Capital Corp                                                            | CUSIP: 69121KAE4<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     992000 | PA      | $897512.00     | 0.00%             | 2026-07-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                       | CUSIP: 670346AU9<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |     532000 | PA      | $370782.72     | 0.00%             | 2055-12-15      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967NG2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1480000 | PA      | $1375630.40    | 0.01%             | 2028-02-24      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MAK6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     255000 | PA      | $240383.40     | 0.00%             | 2026-10-19      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| DXC TECHNOLOGY CO                                                                | DXC Technology Co                                                                | CUSIP: 23355LAM8<br>LEI: 549300DOVZ3EDJB7O259 | Long             | DBT              | CORP              | US        |     405000 | PA      | $348376.95     | 0.00%             | 2028-09-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                                                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FAX5<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    1110000 | PA      | $1023930.60    | 0.00%             | 2025-02-04      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                                                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AH4<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     280000 | PA      | $272818.00     | 0.00%             | 2028-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FB9<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     290000 | PA      | $316540.80     | 0.00%             | 2039-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DIAGEO CAPITAL PLC                                                               | Diageo Capital PLC                                                               | CUSIP: 25243YBC2<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |     435000 | PA      | $401096.10     | 0.00%             | 2025-09-29      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788MAD4<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     185000 | PA      | $167426.85     | 0.00%             | 2027-03-02      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp                                                               | Valero Energy Corp                                                               | CUSIP: 91913YAL4<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    1193000 | PA      | $1331805.55    | 0.01%             | 2037-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ACCESS BANK PLC                                                                  | Access Bank PLC                                                                  | CUSIP: 000000000<br>LEI: 029200328C3N9YI2D660 | Long             | DBT              | CORP              | NG        |     400000 | PA      | $349940.00     | 0.00%             | 2026-09-21      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KQKY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6025000 | PA      | $6224169.27    | 0.03%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HN6<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     328000 | PA      | $316933.28     | 0.00%             | 2048-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XB4Y3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   23867995 | PA      | $21730666.83   | 0.10%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 59562VAP2<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     123000 | PA      | $133714.53     | 0.00%             | 2037-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAM7<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     287000 | PA      | $262527.51     | 0.00%             | 2045-09-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BK9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |     590000 | PA      | $595498.80     | 0.00%             | 2035-11-03      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 28622HAC5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     550000 | PA      | $553047.00     | 0.00%             | 2053-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89115A2A9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     800000 | PA      | $783352.00     | 0.00%             | 2025-06-06      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VFT6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1980000 | PA      | $1431441.00    | 0.01%             | 2040-11-20      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| ABU DHABI NATIONAL ENERG                                                         | Abu Dhabi National Energy Co PJSC                                                | CUSIP: 000000000<br>LEI: 213800UNJSVQFNUYYW03 | Long             | DBT              | CORP              | AE        |     800000 | PA      | $799136.00     | 0.00%             | 2026-06-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FERROGLOBE / GLOBE SPEC                                                          | Ferroglobe PLC / Globe Specialty Metals Inc                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     200000 | PA      | $201344.00     | 0.00%             | 2025-12-31      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANC                                                                 | Credit Acceptance Corp                                                           | CUSIP: 225310AM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     310000 | PA      | $283637.60     | 0.00%             | 2026-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| Dominican Republic                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     900000 | PA      | $898173.00     | 0.00%             | 2025-01-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FX1<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $885520.00     | 0.00%             | 2032-02-14      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAW7<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |     232000 | PA      | $180275.60     | 0.00%             | 2031-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT                                                          | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAC6<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |     280000 | PA      | $264272.40     | 0.00%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJR1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     874000 | PA      | $828429.64     | 0.00%             | 2025-04-22      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RDR0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     430000 | PA      | $436609.10     | 0.00%             | 2037-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                                                          | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     650000 | PA      | $557069.50     | 0.00%             | 2029-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CNA Financial Corp                                                               | CNA Financial Corp                                                               | CUSIP: 126117AT7<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |     655000 | PA      | $652615.80     | 0.00%             | 2026-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAA3<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |     560000 | PA      | $546117.60     | 0.00%             | 2025-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828U24<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   31850000 | PA      | $29889234.38   | 0.14%             | 2026-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EWE5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     670000 | PA      | $634838.40     | 0.00%             | 2029-04-18      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AB1<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     202000 | PA      | $233075.68     | 0.00%             | 2031-12-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                                           | Santander Drive Auto Receivables Trust 2023-1                                    | CUSIP: 80287GAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    5000000 | PA      | $4990068.50    | 0.02%             | 2027-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BARRICK INTL BARBADOS                                                            | Barrick International Barbados Corp                                              | CUSIP: 06849AAB5<br>LEI: 549300Q10KSESPW7OK85 | Long             | DBT              | CORP              | BB        |     345000 | PA      | $375387.60     | 0.00%             | 2036-10-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| CHENIERE CORP CHRISTI HD                                                         | Cheniere Corpus Christi Holdings LLC                                             | CUSIP: 16412XAJ4<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |     851000 | PA      | $799497.48     | 0.00%             | 2029-11-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHOICE HOTELS INTL INC                                                           | Choice Hotels International Inc                                                  | CUSIP: 169905AF3<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |     150000 | PA      | $135232.50     | 0.00%             | 2029-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 26138EAX7<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     604000 | PA      | $578402.48     | 0.00%             | 2027-06-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UBQ1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     511000 | PA      | $423859.17     | 0.00%             | 2042-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WGFQ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      68824 | PA      | $66725.65      | 0.00%             | 2046-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                           | Cox Communications Inc                                                           | CUSIP: 224044BV8<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     760000 | PA      | $952918.40     | 0.00%             | 2039-03-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ERZE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     190358 | PA      | $184054.94     | 0.00%             | 2032-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788MAA0<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     288000 | PA      | $265440.96     | 0.00%             | 2025-08-05      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I                                                         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AM3<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     627000 | PA      | $550512.27     | 0.00%             | 2060-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200AP6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     373000 | PA      | $502113.95     | 0.00%             | 2096-12-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| COLGATE-PALMOLIVE CO                                                             | Colgate-Palmolive Co                                                             | CUSIP: 194162AN3<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |      95000 | PA      | $92105.35      | 0.00%             | 2027-08-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| JAB HOLDINGS BV                                                                  | JAB Holdings BV                                                                  | CUSIP: 46653KAC2<br>LEI: 529900RRNKUM3INJGF98 | Long             | DBT              | CORP              | NL        |     415000 | PA      | $311606.90     | 0.00%             | 2052-04-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                         | Electricite de France SA                                                         | CUSIP: 268317AP9<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |     590000 | PA      | $531289.10     | 0.00%             | 2035-10-13      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| MERCK & CO INC                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YAZ8<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     813000 | PA      | $675066.42     | 0.00%             | 2030-06-24      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432PA7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     400000 | PA      | $431996.00     | 0.00%             | 2033-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAE5<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |     843000 | PA      | $784655.97     | 0.00%             | 2028-01-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITED STATES STEEL CORP                                                         | United States Steel Corp                                                         | CUSIP: 912909AU2<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | CORP              | US        |     389000 | PA      | $393205.09     | 0.00%             | 2029-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| LITHIA MOTORS INC                                                                | Lithia Motors Inc                                                                | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     480000 | PA      | $408076.80     | 0.00%             | 2029-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABY0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1825000 | PA      | $1313981.75    | 0.01%             | 2060-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                                                         | TK Elevator US Newco Inc                                                         | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |    1065000 | PA      | $984060.00     | 0.00%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ZHENGZHOU URBAN CONSTRUC                                                         | Zhengzhou Urban Construction Investment Group Co Ltd                             | CUSIP: 000000000<br>LEI: 300300KEJJ0EE1MVS913 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $193856.00     | 0.00%             | 2025-08-30      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | Sands China Ltd                                                                  | CUSIP: 80007RAQ8<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |     525000 | PA      | $450812.25     | 0.00%             | 2029-03-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Vulcan Materials Co                                                              | Vulcan Materials Co                                                              | CUSIP: 929160AT6<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | DBT              | CORP              | US        |     560000 | PA      | $543009.60     | 0.00%             | 2027-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAM2<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     325000 | PA      | $242268.00     | 0.00%             | 2051-03-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| FMR LLC                                                                          | FMR LLC                                                                          | CUSIP: 30251BAB4<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | DBT              | CORP              | US        |     200000 | PA      | $218616.00     | 0.00%             | 2039-11-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| AMERICO LIFE INC                                                                 | Americo Life Inc                                                                 | CUSIP: 03060NAD2<br>LEI: 549300B5C1FRFHBYW144 | Long             | DBT              | CORP              | US        |     630000 | PA      | $495425.70     | 0.00%             | 2031-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MAF SUKUK LTD                                                                    | MAF Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300IS9H0W5N2N4K34 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $763792.00     | 0.00%             | 2030-02-28      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corp                                                                  | Fair Isaac Corp                                                                  | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     270000 | PA      | $268047.90     | 0.00%             | 2026-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 31329QHM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     225393 | PA      | $220473.58     | 0.00%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FP7<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     662000 | PA      | $564699.24     | 0.00%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                                                | Atmos Energy Corp                                                                | CUSIP: 049560AN5<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |      75000 | PA      | $71364.75      | 0.00%             | 2027-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MULTICARE HEALTH SYSTEM                                                          | MultiCare Health System                                                          | CUSIP: 62548LAA0<br>LEI: 549300OSCVFLGLKTTI33 | Long             | DBT              | CORP              | US        |     425000 | PA      | $268527.75     | 0.00%             | 2050-08-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| CCBL CAYMAN 1 CORP                                                               | CCBL Cayman 1 Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 549300PPQILFPZT13E12 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $540096.00     | 0.00%             | 2026-07-22      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Tucson Electric Power Co                                                         | Tucson Electric Power Co                                                         | CUSIP: 898813AQ3<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |     363000 | PA      | $334065.27     | 0.00%             | 2048-12-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                                                 | Cinemark USA Inc                                                                 | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     560000 | PA      | $459228.00     | 0.00%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCEW4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   27319782 | PA      | $24267009.01   | 0.12%             | 2051-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                                                         | Province of British Columbia Canada                                              | CUSIP: 110709DL3<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |     250000 | PA      | $265262.50     | 0.00%             | 2026-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    2700000 | PA      | $2336094.00    | 0.01%             | 2050-04-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                                              | Buckeye Partners LP                                                              | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     275000 | PA      | $210652.75     | 0.00%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAT0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     550000 | PA      | $542415.50     | 0.00%             | 2026-08-11      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkey Government International Bond                                             | CUSIP: 900123CX6<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1400000 | PA      | $1298234.00    | 0.01%             | 2025-03-13      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                   | CUSIP: 79466LAJ3<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     965000 | PA      | $800274.50     | 0.00%             | 2031-07-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| TURKIYE VAKIFLAR BANKASI                                                         | Turkiye Vakiflar Bankasi TAO                                                     | CUSIP: 000000000<br>LEI: 789000KAIHOLSQKQ9858 | Long             | DBT              | CORP              | TR        |     600000 | PA      | $565764.00     | 0.00%             | 2025-02-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JE7<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     820000 | PA      | $676811.60     | 0.00%             | 2030-05-17      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                                                         | Sumitomo Mitsui Trust Bank Ltd                                                   | CUSIP: 86563VBA6<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |     800000 | PA      | $741784.00     | 0.00%             | 2027-03-10      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756CA6<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    1400000 | PA      | $1329902.00    | 0.01%             | 2029-05-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| TK ELEVATOR HOLDCO GMBH                                                          | TK Elevator Holdco GmbH                                                          | CUSIP: 92537VAA8<br>LEI: 2549008GCHWX9EEMIS56 | Long             | DBT              | CORP              | DE        |     285000 | PA      | $253165.50     | 0.00%             | 2028-07-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MFF29<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      50030 | PA      | $49316.94      | 0.00%             | 2032-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                               | F&G Global Funding                                                               | CUSIP: 30321L2D3<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |     500000 | PA      | $447120.00     | 0.00%             | 2027-04-11      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                                                         | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |     465000 | PA      | $420104.25     | 0.00%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMER AIRLN 15-1 A PTT                                                            | American Airlines 2015-1 Class A Pass Through Trust                              | CUSIP: 023770AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     424292 | PA      | $365310.91     | 0.00%             | 2027-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS                                                         | Hughes Satellite Systems Corp                                                    | CUSIP: 444454AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     520000 | PA      | $502741.20     | 0.00%             | 2026-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| BANCO INBURSA                                                                    | Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa          | CUSIP: 000000000<br>LEI: 9598007PWYZP4GP23S45 | Long             | DBT              | CORP              | MX        |     770000 | PA      | $740917.10     | 0.00%             | 2027-04-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                           | WESCO Distribution Inc                                                           | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     784000 | PA      | $806351.84     | 0.00%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Assurant Inc                                                                     | Assurant Inc                                                                     | CUSIP: 04621XAK4<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     246200 | PA      | $246995.23     | 0.00%             | 2048-03-27      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                                         | Comision Federal de Electricidad                                                 | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    1400000 | PA      | $1152634.00    | 0.01%             | 2031-02-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Ralph Lauren Corp                                                                | Ralph Lauren Corp                                                                | CUSIP: 751212AC5<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | DBT              | CORP              | US        |     338000 | PA      | $330705.96     | 0.00%             | 2025-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                              | CUSIP: 49446RAV1<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     140000 | PA      | $104389.60     | 0.00%             | 2049-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Southern Power Co                                                                | Southern Power Co                                                                | CUSIP: 843646AH3<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |     510000 | PA      | $489436.80     | 0.00%             | 2041-09-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                                                   | Brunswick Corp/DE                                                                | CUSIP: 117043AS8<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |     230000 | PA      | $214415.20     | 0.00%             | 2024-08-18      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                      | CUSIP: 24820RAG3<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     295000 | PA      | $322272.75     | 0.00%             | 2028-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                                                           | Penn Entertainment Inc                                                           | CUSIP: 707569AS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     275000 | PA      | $258436.75     | 0.00%             | 2027-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| HASBRO INC                                                                       | Hasbro Inc                                                                       | CUSIP: 418056AY3<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     910000 | PA      | $867048.00     | 0.00%             | 2026-11-19      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| EDWARDS LIFESCIENCES COR                                                         | Edwards Lifesciences Corp                                                        | CUSIP: 28176EAD0<br>LEI: YA13X31F3V31L8TMPR58 | Long             | DBT              | CORP              | US        |     920000 | PA      | $903743.60     | 0.00%             | 2028-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| NOV INC                                                                          | NOV Inc                                                                          | CUSIP: 637071AM3<br>LEI: 549300EHF3IW1AR6U008 | Long             | DBT              | CORP              | US        |     218000 | PA      | $199940.88     | 0.00%             | 2029-12-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                         | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     320000 | PA      | $276275.20     | 0.00%             | 2050-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBT1<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     540000 | PA      | $390922.20     | 0.00%             | 2040-09-25      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBU0<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     200000 | PA      | $206628.00     | 0.00%             | 2025-11-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WEB3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     208000 | PA      | $184003.04     | 0.00%             | 2029-01-12      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AN3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     719000 | PA      | $614126.66     | 0.00%             | 2030-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAL7<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |     315000 | PA      | $253099.35     | 0.00%             | 2031-08-16      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016EZZ3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     515000 | PA      | $458391.20     | 0.00%             | 2026-11-02      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GVR2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1320000 | PA      | $1299711.60    | 0.01%             | 2025-10-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HOSPITAL/DC                                                           | Children's Hospital/DC                                                           | CUSIP: 16876DAA6<br>LEI: 549300C1PQZDYQ6KZS51 | Long             | DBT              | CORP              | US        |     233000 | PA      | $160641.85     | 0.00%             | 2050-07-15      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| Electronic Arts Inc                                                              | Electronic Arts Inc                                                              | CUSIP: 285512AD1<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |     902000 | PA      | $908521.46     | 0.00%             | 2026-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543CK7<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     735000 | PA      | $689047.80     | 0.00%             | 2034-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Eskom Holdings SOC Ltd                                                           | Eskom Holdings SOC Ltd                                                           | CUSIP: 000000000<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |     800000 | PA      | $768952.00     | 0.00%             | 2025-02-11      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                        | CUSIP: 26885BAE0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     400000 | PA      | $310220.00     | 0.00%             | 2048-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200JH5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     972000 | PA      | $908392.32     | 0.00%             | 2046-02-19      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967MD0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    2166000 | PA      | $2070760.98    | 0.01%             | 2048-07-23      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SBF9<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    1573000 | PA      | $1487271.50    | 0.01%             | 2049-02-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BJ2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    1248000 | PA      | $1215764.16    | 0.01%             | 2025-11-03      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ARES FINANCE CO                                                                  | Ares Finance Co III LLC                                                          | CUSIP: 04018VAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     690000 | PA      | $538565.70     | 0.00%             | 2051-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AR4<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     346000 | PA      | $322755.72     | 0.00%             | 2027-01-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                             | Howmet Aerospace Inc                                                             | CUSIP: 013817AJ0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     477000 | PA      | $485228.25     | 0.00%             | 2027-02-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                      | CUSIP: 64966H4K3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     450000 | PA      | $486596.25     | 0.00%             | 2037-10-01      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WLQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    9644755 | PA      | $8905826.50    | 0.04%             | 2051-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Textron Inc                                                                      | Textron Inc                                                                      | CUSIP: 883203BW0<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |     150000 | PA      | $146371.50     | 0.00%             | 2026-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Altria Group Inc                                                                 | Altria Group Inc                                                                 | CUSIP: 02209SAQ6<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |     567000 | PA      | $450821.70     | 0.00%             | 2043-05-02      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HEINEKEN NV                                                                      | Heineken NV                                                                      | CUSIP: 423012AE3<br>LEI: 724500K5PTPSST86UQ23 | Long             | DBT              | CORP              | NL        |     410000 | PA      | $348446.70     | 0.00%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BB0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     510000 | PA      | $507847.80     | 0.00%             | 2025-03-24      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY OHIO INC                                                             | Duke Energy Ohio Inc                                                             | CUSIP: 26442EAH3<br>LEI: L6KC0HABGHNFU1Z6QY21 | Long             | DBT              | CORP              | US        |     658000 | PA      | $556799.60     | 0.00%             | 2030-06-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810PU6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21500000 | PA      | $25060937.50   | 0.12%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AS0<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     510000 | PA      | $377573.40     | 0.00%             | 2050-12-01      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAD2<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |      75000 | PA      | $73770.75      | 0.00%             | 2048-05-25      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMS20<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      15063 | PA      | $14320.42      | 0.00%             | 2030-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                                                 | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1270430.00    | 0.01%             | 2028-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA LTD                                                            | Rio Tinto Finance USA Ltd                                                        | CUSIP: 767201AT3<br>LEI: 213800RX94ZKEZXPKH58 | Long             | DBT              | CORP              | AU        |     815000 | PA      | $583344.40     | 0.00%             | 2051-11-02      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833AS9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $1014688.50    | 0.00%             | 2024-05-06      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SALLY HOLDINGS/SALLY CAP                                                         | Sally Holdings LLC / Sally Capital Inc                                           | CUSIP: 79546VAL0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     470000 | PA      | $465295.30     | 0.00%             | 2025-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                                                         | Berkshire Hathaway Energy Co                                                     | CUSIP: 084659BC4<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     673000 | PA      | $475440.85     | 0.00%             | 2051-05-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KLHC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3564920 | PA      | $3016650.63    | 0.01%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JR5<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    3150000 | PA      | $2630596.50    | 0.01%             | 2031-02-10      | Fixed         | 1.25%                 | No            |                  2 | On Loan: —       |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAG3<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |      75000 | PA      | $77058.00      | 0.00%             | 2040-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225433AR2<br>LEI: 549300PXR5FKNXF0OH19 | Long             | DBT              | CORP              | CH        |    1378000 | PA      | $1271521.94    | 0.01%             | 2026-04-17      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                                           | Protective Life Global Funding                                                   | CUSIP: 74368CBP8<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |     433000 | PA      | $428011.84     | 0.00%             | 2027-07-06      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| LEGACY LIFEPOINT HEALTH                                                          | Legacy LifePoint Health LLC                                                      | CUSIP: 53219LAS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     495000 | PA      | $432753.75     | 0.00%             | 2027-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                                                           | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     385000 | PA      | $366227.40     | 0.00%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES HOLDINGS                                                         | United Airlines Holdings Inc                                                     | CUSIP: 910047AK5<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |     290000 | PA      | $284843.80     | 0.00%             | 2025-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| XPO ESCROW SUB LLC                                                               | XPO Escrow Sub LLC                                                               | CUSIP: 98379JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     185000 | PA      | $190120.80     | 0.00%             | 2027-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GWZ3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2192000 | PA      | $2114710.08    | 0.01%             | 2029-05-01      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| Flex Ltd                                                                         | Flex Ltd                                                                         | CUSIP: 33938EAU1<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |     192000 | PA      | $190285.44     | 0.00%             | 2025-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J7XH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     347416 | PA      | $325502.85     | 0.00%             | 2047-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LLPL Capital Pte Ltd                                                             | LLPL Capital Pte Ltd                                                             | CUSIP: 000000000<br>LEI: 254900VXZ8FXTUQNON22 | Long             | DBT              | CORP              | SG        |     511920 | PA      | $472681.33     | 0.00%             | 2039-02-04      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CXA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     262859 | PA      | $262086.40     | 0.00%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAF3<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |    1600000 | PA      | $1607120.00    | 0.01%             | 2026-03-29      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| PINGAN REAL ESTATE CAP                                                           | Pingan Real Estate Capital Ltd                                                   | CUSIP: 000000000<br>LEI: 655600MZ4W5VY0OEG119 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $315972.00     | 0.00%             | 2026-07-29      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286AP2<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1000000 | PA      | $1129160.00    | 0.01%             | 2025-03-16      | Fixed         | 10.63%                | No            |                  2 | On Loan: No      |
| NEXA RESOURCES SA                                                                | Nexa Resources SA                                                                | CUSIP: 000000000<br>LEI: 549300QRMRHM7GAU7L47 | Long             | DBT              | CORP              | LU        |     600000 | PA      | $594828.00     | 0.00%             | 2028-01-18      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LABL INC                                                                         | LABL Inc                                                                         | CUSIP: 50168QAD7<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |     320000 | PA      | $268176.00     | 0.00%             | 2029-11-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WCX9<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     333000 | PA      | $313279.74     | 0.00%             | 2028-01-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                             | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AH4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     330000 | PA      | $324446.10     | 0.00%             | 2027-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                                                         | Intercontinental Exchange Inc                                                    | CUSIP: 45866FAQ7<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     773000 | PA      | $525253.50     | 0.00%             | 2060-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                                                     | 7-Eleven Inc                                                                     | CUSIP: 817826AG5<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |     422000 | PA      | $278701.46     | 0.00%             | 2051-02-10      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips                                                                   | ConocoPhillips                                                                   | CUSIP: 20825CAQ7<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | DBT              | CORP              | US        |     265000 | PA      | $314841.20     | 0.00%             | 2039-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Leggett & Platt Inc                                                              | Leggett & Platt Inc                                                              | CUSIP: 524660AY3<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | DBT              | CORP              | US        |     343000 | PA      | $321782.02     | 0.00%             | 2027-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214ER0<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    1445000 | PA      | $1293564.00    | 0.01%             | 2026-06-03      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818ER5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     204000 | PA      | $173683.56     | 0.00%             | 2067-09-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                | CUSIP: 25179MAN3<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     743000 | PA      | $666619.60     | 0.00%             | 2042-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| THREE GORGES FIN I KY                                                            | Three Gorges Finance I Cayman Islands Ltd                                        | CUSIP: 000000000<br>LEI: 549300FD0MPTWEITI779 | Long             | DBT              | CORP              | KY        |    1000000 | PA      | $915920.00     | 0.00%             | 2025-09-22      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312AR7<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |      80000 | PA      | $70174.40      | 0.00%             | 2042-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ULTRATECH CEMENT LTD                                                             | UltraTech Cement Ltd                                                             | CUSIP: 000000000<br>LEI: 335800PC9O9B4BQHG814 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $165388.00     | 0.00%             | 2031-02-16      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Costco Wholesale Corp                                                            | Costco Wholesale Corp                                                            | CUSIP: 22160KAL9<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |     703000 | PA      | $688897.82     | 0.00%             | 2024-05-18      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| LOEWS CORP                                                                       | Loews Corp                                                                       | CUSIP: 540424AT5<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |     670000 | PA      | $613029.90     | 0.00%             | 2030-05-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2M4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    3770000 | PA      | $3712507.50    | 0.02%             | 2051-04-04      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKXN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6234319 | PA      | $5280206.93    | 0.03%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCGN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1834115 | PA      | $1799170.89    | 0.01%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133AAQB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4998639 | PA      | $4238392.00    | 0.02%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                                            | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     400000 | PA      | $382200.00     | 0.00%             | 2030-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QCD6<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     387000 | PA      | $271588.86     | 0.00%             | 2050-05-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                              | CUSIP: 316773CY4<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     946000 | PA      | $903089.44     | 0.00%             | 2025-01-28      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| PECO Energy Co                                                                   | PECO Energy Co                                                                   | CUSIP: 693304AV9<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     200000 | PA      | $167382.00     | 0.00%             | 2047-09-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CSSC CAPITAL 2015 LTD                                                            | CSSC Capital 2015 Ltd                                                            | CUSIP: 000000000<br>LEI: 549300K934XNVEY4JJ41 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $188696.00     | 0.00%             | 2025-02-13      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTNTL 21                                                           | CK Hutchison International 21 Ltd                                                | CUSIP: 12565WAA9<br>LEI: 254900E16YL0NL5TFN79 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $181190.00     | 0.00%             | 2026-04-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VAP5<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     480000 | PA      | $411508.80     | 0.00%             | 2058-04-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| KIA CORP                                                                         | Kia Corp                                                                         | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | DBT              | CORP              | KR        |     261000 | PA      | $248041.35     | 0.00%             | 2024-04-16      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138YY3V3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      28414 | PA      | $28041.98      | 0.00%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-3 AA PTT                                                         | American Airlines 2016-3 Class AA Pass Through Trust                             | CUSIP: 023771R91<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     481675 | PA      | $422886.85     | 0.00%             | 2028-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KM4T9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7282441 | PA      | $6144332.95    | 0.03%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SHRIRAM FINANCE LTD                                                              | Shriram Finance Ltd                                                              | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $386472.00     | 0.00%             | 2024-03-13      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XBT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2189592 | PA      | $2129562.61    | 0.01%             | 2052-07-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                                 | Ventas Realty LP                                                                 | CUSIP: 92277GAP2<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              |  | US        |     582000 | PA      | $569411.34     | 0.00%             | 2024-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REGENERON PHARMACEUTICAL                                                         | Regeneron Pharmaceuticals Inc                                                    | CUSIP: 75886FAE7<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |     770000 | PA      | $621020.40     | 0.00%             | 2030-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| LYONDELLBASELL IND NV                                                            | LyondellBasell Industries NV                                                     | CUSIP: 552081AK7<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | DBT              | CORP              | NL        |     560000 | PA      | $562844.80     | 0.00%             | 2024-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                                              | NatWest Markets PLC                                                              | CUSIP: 63906YAB4<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |     998000 | PA      | $934397.46     | 0.00%             | 2024-08-12      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RJY9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    1826000 | PA      | $1576257.98    | 0.01%             | 2031-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QREH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   14985084 | PA      | $15080933.84   | 0.07%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HALLIBURTON CO                                                                   | Halliburton Co                                                                   | CUSIP: 406216BL4<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |     659000 | PA      | $588664.93     | 0.00%             | 2030-03-01      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   28100000 | PA      | $23617171.88   | 0.11%             | 2047-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ASB BANK LIMITED                                                                 | ASB Bank Ltd                                                                     | CUSIP: 00216LAF0<br>LEI: 549300IBZWZL1KTPF918 | Long             | DBT              | CORP              | NZ        |     875000 | PA      | $892850.00     | 0.00%             | 2027-11-29      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                                                                     | Chevron Corp                                                                     | CUSIP: 166764BY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1446000 | PA      | $1283267.16    | 0.01%             | 2030-05-11      | Fixed         | 2.24%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EAJ4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     945000 | PA      | $942533.55     | 0.00%             | 2045-08-17      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TKN4<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     350000 | PA      | $351242.50     | 0.00%             | 2025-01-10      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                                               | Analog Devices Inc                                                               | CUSIP: 032654AZ8<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |      85000 | PA      | $81593.20      | 0.00%             | 2027-06-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Dollar Tree Inc                                                                  | Dollar Tree Inc                                                                  | CUSIP: 256746AH1<br>LEI: 549300PMSTQITB1WHR43 | Long             | DBT              | CORP              | US        |     867000 | PA      | $851116.56     | 0.00%             | 2028-05-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                   | CUSIP: 79466LAM6<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |     865000 | PA      | $597213.30     | 0.00%             | 2061-07-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBN5<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     740000 | PA      | $640018.60     | 0.00%             | 2047-01-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140JGLW3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     291235 | PA      | $291981.07     | 0.00%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERV                                                         | Southwestern Public Service Co                                                   | CUSIP: 845743BQ5<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |     120000 | PA      | $92073.60      | 0.00%             | 2046-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109AX9<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     498000 | PA      | $429101.70     | 0.00%             | 2043-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| STENA INTERNATIONAL SA                                                           | Stena International SA                                                           | CUSIP: 85858EAB9<br>LEI: 213800A4LTGG4W55QP46 | Long             | DBT              | CORP              | LU        |     535000 | PA      | $506853.65     | 0.00%             | 2025-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XHLX3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   24082066 | PA      | $22624982.51   | 0.11%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UUM2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1496363 | PA      | $1528628.07    | 0.01%             | 2049-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                                                         | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     870000 | PA      | $774039.00     | 0.00%             | 2027-08-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFH2<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     247000 | PA      | $229919.95     | 0.00%             | 2048-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| UNITYPOINT HEALTH                                                                | Iowa Health System                                                               | CUSIP: 91338CAA3<br>LEI: 549300M1J9QXG1NVRE79 | Long             | DBT              | CORP              | US        |     350000 | PA      | $269829.00     | 0.00%             | 2050-02-15      | Fixed         | 3.67%                 | No            |                  2 | On Loan: —       |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CJ6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1680000 | PA      | $1548523.20    | 0.01%             | 2026-04-18      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| CUMULUS MEDIA NEW HLDGS                                                          | Cumulus Media New Holdings Inc                                                   | CUSIP: 23110AAA4<br>LEI: 5493001D9VBAVY1OKJ46 | Long             | DBT              | CORP              | US        |     285000 | PA      | $237935.10     | 0.00%             | 2026-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DZ39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8979764 | PA      | $8417181.15    | 0.04%             | 2036-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBE2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    1062000 | PA      | $1045400.94    | 0.01%             | 2025-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272BG2<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     500000 | PA      | $417190.00     | 0.00%             | 2031-09-23      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804GH1<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     330000 | PA      | $321756.60     | 0.00%             | 2027-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477BE2<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     334000 | PA      | $320887.16     | 0.00%             | 2025-11-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAY7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     195000 | PA      | $163905.30     | 0.00%             | 2031-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 26138EAU3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     932000 | PA      | $869518.72     | 0.00%             | 2026-09-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582BT8<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    1655000 | PA      | $1579978.85    | 0.01%             | 2026-05-10      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                            | CUSIP: 69371RR65<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     200000 | PA      | $183860.00     | 0.00%             | 2027-02-04      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XKDQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4739000 | PA      | $4895690.44    | 0.02%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                      | CUSIP: 797440BZ6<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     729500 | PA      | $598365.08     | 0.00%             | 2030-10-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP                                                                     | Embecta Corp                                                                     | CUSIP: 29082KAA3<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |     315000 | PA      | $259405.65     | 0.00%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBJ5<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     145000 | PA      | $144006.75     | 0.00%             | 2026-07-24      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBH2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     570000 | PA      | $546749.70     | 0.00%             | 2024-01-15      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWG32<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     299448 | PA      | $288560.53     | 0.00%             | 2033-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru SA                                                            | Petroleos del Peru SA                                                            | CUSIP: 000000000<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |     800000 | PA      | $614168.00     | 0.00%             | 2032-06-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                                                  | Gen Digital Inc                                                                  | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |     385000 | PA      | $390748.05     | 0.00%             | 2030-09-30      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAP9<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $598074.00     | 0.00%             | 2024-04-11      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                               | CUSIP: 832696AS7<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     300000 | PA      | $258180.00     | 0.00%             | 2030-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140CC2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     450000 | PA      | $421038.00     | 0.00%             | 2062-08-05      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DE5<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    1348000 | PA      | $1328858.40    | 0.01%             | 2028-02-20      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NBA2<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     375000 | PA      | $311253.75     | 0.00%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NAM3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     304000 | PA      | $353998.88     | 0.00%             | 2037-03-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAH6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     350000 | PA      | $345954.00     | 0.00%             | 2024-03-12      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448EP9<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     769000 | PA      | $591084.16     | 0.00%             | 2049-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                           | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |     600000 | PA      | $651642.00     | 0.00%             | 2029-11-30      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY DOM HOLD                                                          | Morgan Stanley Domestic Holdings Inc                                             | CUSIP: 269246BS2<br>LEI: 549300LYE2HSVYJFJD24 | Long             | DBT              | CORP              | US        |     636000 | PA      | $635758.32     | 0.00%             | 2028-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Nasdaq Inc                                                                       | Nasdaq Inc                                                                       | CUSIP: 631103AG3<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     835000 | PA      | $815043.50     | 0.00%             | 2026-06-30      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ASHLAND LLC                                                                      | Ashland LLC                                                                      | CUSIP: 04433LAA0<br>LEI: 6O4MRU8C1MS0K34UQF79 | Long             | DBT              | CORP              | US        |     300000 | PA      | $248991.00     | 0.00%             | 2031-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833CG3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1158000 | PA      | $1138568.76    | 0.01%             | 2024-02-09      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                                             | WR Grace Holdings LLC                                                            | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |     939000 | PA      | $782158.83     | 0.00%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Consumers Energy Co                                                              | Consumers Energy Co                                                              | CUSIP: 210518CZ7<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     210000 | PA      | $162907.50     | 0.00%             | 2046-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780DG8<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     400000 | PA      | $279112.00     | 0.00%             | 2061-09-23      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167ER0<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    4096000 | PA      | $3637575.68    | 0.02%             | 2030-01-24      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                                                         | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                 | CUSIP: 84859BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     358000 | PA      | $364873.60     | 0.00%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                                                              | Rockwell Automation Inc                                                          | CUSIP: 773903AJ8<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |     340000 | PA      | $315503.00     | 0.00%             | 2049-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WGYY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       8628 | PA      | $8472.47       | 0.00%             | 2046-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                                                            | Healthpeak Properties Inc                                                        | CUSIP: 40414LAM1<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              | CORP              | US        |      23000 | PA      | $22278.72      | 0.00%             | 2025-02-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     800000 | PA      | $662880.00     | 0.00%             | 2028-02-21      | Fixed         | 6.59%                 | No            |                  2 | On Loan: No      |
| CASCADES INC/USA INC                                                             | Cascades Inc/Cascades USA Inc                                                    | CUSIP: 14739LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     345000 | PA      | $321464.10     | 0.00%             | 2028-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HARTFORD HEALTHCARE CORP                                                         | Hartford HealthCare Corp                                                         | CUSIP: 41652PAC3<br>LEI: 549300W3L482NUDOFF24 | Long             | DBT              | CORP              | US        |     435000 | PA      | $324218.55     | 0.00%             | 2054-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EBH7<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     293000 | PA      | $286876.30     | 0.00%             | 2024-04-18      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                                                               | Grupo Televisa SAB                                                               | CUSIP: 40049JBC0<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |     595000 | PA      | $622370.00     | 0.00%             | 2046-01-31      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                                              | COMM 2014-CCRE16 Mortgage Trust                                                  | CUSIP: 12591VAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   16856258 | PA      | $16548270.44   | 0.08%             | 2047-04-10      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| CNOOC FINANCE 2013 LTD                                                           | CNOOC Finance 2013 Ltd                                                           | CUSIP: 12625GAF1<br>LEI: 5493006KAH3PSSMCES09 | Long             | DBT              | CORP              | VG        |     900000 | PA      | $821583.00     | 0.00%             | 2029-09-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| HORMEL FOODS CORP                                                                | Hormel Foods Corp                                                                | CUSIP: 440452AJ9<br>LEI: MSD54751OJP1FS2ND863 | Long             | DBT              | CORP              | US        |     821000 | PA      | $619575.86     | 0.00%             | 2051-06-03      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MHT41<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   38545092 | PA      | $33780318.06   | 0.16%             | 2052-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PTTEP CANADA INTERNATION                                                         | PTTEP Canada International Finance Ltd                                           | CUSIP: 74442AAC2<br>LEI: 2549001C29CRNKMKL768 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $213148.00     | 0.00%             | 2042-06-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: —       |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756BV1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    1650000 | PA      | $1630975.50    | 0.01%             | 2025-01-07      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1765000 | PA      | $1573479.85    | 0.01%             | 2027-07-20      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CK8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    1475000 | PA      | $1480944.25    | 0.01%             | 2033-07-20      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Staples Inc                                                                      | Staples Inc                                                                      | CUSIP: 855030AN2<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |    1420000 | PA      | $1260676.00    | 0.01%             | 2026-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MONGOLIA INTL BOND                                                               | Mongolia Government International Bond                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MN        |     400000 | PA      | $376316.00     | 0.00%             | 2026-04-07      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HBF1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     991000 | PA      | $977353.93     | 0.00%             | 2024-04-24      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CITIC                                                                            | CITIC Ltd                                                                        | CUSIP: 000000000<br>LEI: 2549006I3Q3M98KHOT11 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $389440.00     | 0.00%             | 2027-02-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAF5<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     380000 | PA      | $404396.00     | 0.00%             | 2036-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Republic of Korea                                                                | Korea International Bond                                                         | CUSIP: 50064FAL8<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    1350000 | PA      | $1306840.50    | 0.01%             | 2044-06-10      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q8DV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     552293 | PA      | $541954.78     | 0.00%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   34400000 | PA      | $30546125.00   | 0.15%             | 2028-04-30      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCJ8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     990000 | PA      | $905978.70     | 0.00%             | 2038-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                                                           | CenterPoint Energy Resources Corp                                                | CUSIP: 15189WAJ9<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     401000 | PA      | $347181.79     | 0.00%             | 2047-09-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1000000 | PA      | $964820.00     | 0.00%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JG0<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    2170000 | PA      | $1757396.20    | 0.01%             | 2030-09-30      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Kennametal Inc                                                                   | Kennametal Inc                                                                   | CUSIP: 489170AE0<br>LEI: 549300GZDSG25XUV0Y08 | Long             | DBT              | CORP              | US        |     358000 | PA      | $346243.28     | 0.00%             | 2028-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 1/2                                                          | Scentre Group Trust 1 / Scentre Group Trust 2                                    | CUSIP: 80622GAC8<br>LEI: N/A                  | Long             | DBT              |  | AU        |     440000 | PA      | $414202.80     | 0.00%             | 2027-03-23      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QAXR6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     759894 | PA      | $750908.52     | 0.00%             | 2049-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAS3<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     678000 | PA      | $647483.22     | 0.00%             | 2026-12-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                                               | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    1200000 | PA      | $260475.00     | 0.00%             | 2030-11-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                              | Otis Worldwide Corp                                                              | CUSIP: 68902VAL1<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |     577000 | PA      | $453095.02     | 0.00%             | 2040-02-15      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     785000 | PA      | $820631.15     | 0.00%             | 2031-01-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| LEAR CORP                                                                        | Lear Corp                                                                        | CUSIP: 521865BD6<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     215000 | PA      | $142411.70     | 0.00%             | 2052-01-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| RR Donnelley & Sons Co                                                           | RR Donnelley & Sons Co                                                           | CUSIP: 257867BB6<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |        900 | PA      | $873.39        | 0.00%             | 2024-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                                           | Motorola Solutions Inc                                                           | CUSIP: 620076BU2<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |     670000 | PA      | $555865.50     | 0.00%             | 2031-05-24      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SUNNY EXPRESS                                                                    | Sunny Express Enterprises Corp                                                   | CUSIP: 000000000<br>LEI: 254900RHBSC69QS5NZ68 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $565680.00     | 0.00%             | 2027-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                                                | Eversource Energy                                                                | CUSIP: 664397AM8<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     405000 | PA      | $392133.15     | 0.00%             | 2025-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BL7<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     605000 | PA      | $506366.85     | 0.00%             | 2031-09-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORR COMM/HLDGS                                                           | Taylor Morrison Communities Inc / Taylor Morrison Holdings II Inc                | CUSIP: 877249AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     205000 | PA      | $204212.80     | 0.00%             | 2024-03-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MINERA MEXICO SA DE CV                                                           | Minera Mexico SA de CV                                                           | CUSIP: 000000000<br>LEI: 2549005BMA2EK49I0T98 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $484758.00     | 0.00%             | 2050-01-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Colgate-Palmolive Co                                                             | Colgate-Palmolive Co                                                             | CUSIP: 19416QEJ5<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |     520000 | PA      | $499824.00     | 0.00%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DUBAI DOF SUKUK LTD                                                              | Dubai DOF Sukuk Ltd                                                              | CUSIP: 000000000<br>LEI: 549300FL2U4Z16IJI576 | Long             | DBT              | CORP              | KY        |    1200000 | PA      | $1257432.00    | 0.01%             | 2029-04-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                              | CUSIP: 316773DG2<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     400000 | PA      | $395284.00     | 0.00%             | 2030-07-28      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                                           | Kazakhstan Government International Bond                                         | CUSIP: 000000000<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |    1000000 | PA      | $1063700.00    | 0.01%             | 2045-07-21      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                                                          | QVC Inc                                                                          | CUSIP: 747262AW3<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     285000 | PA      | $167936.25     | 0.00%             | 2034-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                                                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416515BD5<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     165000 | PA      | $147206.40     | 0.00%             | 2048-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 202712BL8<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    1000000 | PA      | $787840.00     | 0.00%             | 2039-09-12      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     600000 | PA      | $232608.00     | 0.00%             | 2027-03-26      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 00946AAH7<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |     400000 | PA      | $411864.00     | 0.00%             | 2030-01-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COSAN LUXEMBOURG SA                                                              | Cosan Luxembourg SA                                                              | CUSIP: 000000000<br>LEI: 222100ZY943WERK7RZ38 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $200756.00     | 0.00%             | 2027-01-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                                                         | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     625000 | PA      | $548525.00     | 0.00%             | 2030-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HJM3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1297000 | PA      | $1367906.99    | 0.01%             | 2043-08-16      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 45906M3D1<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     550000 | PA      | $501704.50     | 0.00%             | 2032-03-29      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HORIZON THERAPEUTICS USA                                                         | Horizon Therapeutics USA Inc                                                     | CUSIP: 44055PAA4<br>LEI: 254900IS87RLPXY88S03 | Long             | DBT              | CORP              | US        |     400000 | PA      | $408384.00     | 0.00%             | 2027-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                                                          | Grand Canyon University                                                          | CUSIP: 38528UAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $237660.00     | 0.00%             | 2024-10-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                                          | Macy's Retail Holdings LLC                                                       | CUSIP: 314275AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     160000 | PA      | $132475.20     | 0.00%             | 2037-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    1900000 | PA      | $1825957.00    | 0.01%             | 2024-09-30      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEY7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2335000 | PA      | $2567052.30    | 0.01%             | 2033-10-18      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| PARTNERRE FINANCE B LLC                                                          | PartnerRe Finance B LLC                                                          | CUSIP: 70213BAC5<br>LEI: 549300O0FAGHK2F79881 | Long             | DBT              | CORP              | US        |     115000 | PA      | $102996.30     | 0.00%             | 2050-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CE3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     200000 | PA      | $156210.00     | 0.00%             | 2039-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EMIRATES NBD BANK PJSC                                                           | Emirates NBD Bank PJSC                                                           | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | DBT              | CORP              | AE        |     400000 | PA      | $371664.00     | 0.00%             | 2027-02-27      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc                                                            | Reynolds American Inc                                                            | CUSIP: 761713AZ9<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |     758000 | PA      | $731864.16     | 0.00%             | 2043-09-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AH2<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     115000 | PA      | $104127.90     | 0.00%             | 2045-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: —       |
| MEIJI YASUDA LIFE INSURA                                                         | Meiji Yasuda Life Insurance Co                                                   | CUSIP: 585270AA9<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $198038.00     | 0.00%             | 2045-10-20      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                                                        | WRKCo Inc                                                                        | CUSIP: 92940PAB0<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     970000 | PA      | $966721.40     | 0.00%             | 2026-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                                                                | Republic of Kenya Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     800000 | PA      | $706424.00     | 0.00%             | 2028-02-28      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                           | CUSIP: 40434LAC9<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     823000 | PA      | $729309.68     | 0.00%             | 2030-06-17      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP                                                         | Corporate Office Properties LP                                                   | CUSIP: 22003BAP1<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |     200000 | PA      | $146650.00     | 0.00%             | 2033-12-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Kimberly-Clark Corp                                                              | Kimberly-Clark Corp                                                              | CUSIP: 494368BZ5<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | DBT              | CORP              | US        |     718000 | PA      | $673857.36     | 0.00%             | 2029-04-25      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CHN CLEAN ENERGY DEVELOP                                                         | China Clean Energy Development Ltd                                               | CUSIP: 000000000<br>LEI: 3003002B8IFJYQS02Y36 | Long             | DBT              | CORP              | HK        |     800000 | PA      | $777160.00     | 0.00%             | 2025-11-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA INC                                                              | DENTSPLY SIRONA Inc                                                              | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |     125000 | PA      | $110700.00     | 0.00%             | 2030-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                                                        | iStar Inc                                                                        | CUSIP: 45031UCF6<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              |  | US        |     505000 | PA      | $502495.20     | 0.00%             | 2024-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                                                                      | Ovintiv Inc                                                                      | CUSIP: 292505AG9<br>LEI: CZ72ZHBVKZXQRV3XFE26 | Long             | DBT              | CORP              | US        |     358000 | PA      | $373028.84     | 0.00%             | 2038-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                  | CUSIP: 902494BD4<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |     652000 | PA      | $592909.24     | 0.00%             | 2047-06-02      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254AZ3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     840000 | PA      | $818454.00     | 0.00%             | 2026-04-12      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Lam Research Corp                                                                | Lam Research Corp                                                                | CUSIP: 512807AT5<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     966000 | PA      | $970491.90     | 0.00%             | 2049-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400FP3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     440000 | PA      | $450683.20     | 0.00%             | 2040-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                              | Synchrony Financial                                                              | CUSIP: 87165BAM5<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    1089000 | PA      | $1007226.99    | 0.00%             | 2027-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CK PROPERTY FINANCE MTN                                                          | CK Property Finance MTN Ltd                                                      | CUSIP: 000000000<br>LEI: 254900ESTS3Z50QX6978 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $357612.00     | 0.00%             | 2026-06-30      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                                                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416518AD0<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     190000 | PA      | $131607.30     | 0.00%             | 2051-09-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| LIMA METRO LINE 2 FIN LT                                                         | Lima Metro Line 2 Finance Ltd                                                    | CUSIP: 000000000<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | KY        |     365562 | PA      | $326154.69     | 0.00%             | 2036-04-05      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128284M9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   19900000 | PA      | $19377625.00   | 0.09%             | 2025-04-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |     700000 | PA      | $659946.00     | 0.00%             | 2025-05-13      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| MEAD JOHNSON NUTRITION C                                                         | Mead Johnson Nutrition Co                                                        | CUSIP: 582839AF3<br>LEI: E4BJRFT3MF4GJDY1SC50 | Long             | DBT              | CORP              | US        |     223000 | PA      | $242019.67     | 0.00%             | 2039-11-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CN HUANENG GP HK TREASUR                                                         | China Huaneng Group Hong Kong Treasury Management Holding Ltd                    | CUSIP: 000000000<br>LEI: 254900S9905REJFRBF91 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $566550.00     | 0.00%             | 2025-12-09      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | ALABAMA FEDERAL AID HIGHWAY FIN AUTH SPL OBLIG REVENUE                           | CUSIP: 010268CX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     520000 | PA      | $416199.68     | 0.00%             | 2037-09-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526BY4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     715000 | PA      | $699091.25     | 0.00%             | 2024-05-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORP                                                                | Lam Research Corp                                                                | CUSIP: 512807AV0<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     368000 | PA      | $310054.72     | 0.00%             | 2030-06-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2021-B23 Mortgage Trust                                                | CUSIP: 08162RAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15000000 | PA      | $12330459.45   | 0.06%             | 2054-02-15      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| TEXAS HEALTH RESOURCES                                                           | Texas Health Resources                                                           | CUSIP: 882484AC2<br>LEI: 54930008C10TUBW7Z611 | Long             | DBT              | CORP              | US        |     439000 | PA      | $268387.04     | 0.00%             | 2050-11-15      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     505000 | PA      | $508838.00     | 0.00%             | 2032-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHINA RESOURCES LAND LTD                                                         | China Resources Land Ltd                                                         | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $583296.00     | 0.00%             | 2024-08-26      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     255000 | PA      | $228480.00     | 0.00%             | 2032-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| Masco Corp                                                                       | Masco Corp                                                                       | CUSIP: 574599BM7<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     125000 | PA      | $106161.25     | 0.00%             | 2047-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Lincoln National Corp                                                            | Lincoln National Corp                                                            | CUSIP: 534187BA6<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     396000 | PA      | $443773.44     | 0.00%             | 2040-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                                                            | Novartis Capital Corp                                                            | CUSIP: 66989HAP3<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     440000 | PA      | $417678.80     | 0.00%             | 2025-02-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SLR6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1218789 | PA      | $1139402.79    | 0.01%             | 2046-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                     | CUSIP: 615369AM7<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    1217000 | PA      | $1150150.19    | 0.01%             | 2028-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XFE56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2126451 | PA      | $1938052.67    | 0.01%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FB7<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     207000 | PA      | $202539.15     | 0.00%             | 2046-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CDBL Funding 1                                                                   | CDBL Funding 1                                                                   | CUSIP: 000000000<br>LEI: 254900PLOF8VWTAH3F83 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $196304.00     | 0.00%             | 2024-12-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CLIFFORD CAPITAL PTE LTD                                                         | Clifford Capital Pte Ltd                                                         | CUSIP: 000000000<br>LEI: 549300H4QHGSBXBALF78 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $191028.00     | 0.00%             | 2024-09-10      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| KIA CORP                                                                         | Kia Corp                                                                         | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $180428.00     | 0.00%             | 2027-02-14      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XAM7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1110000 | PA      | $1083781.80    | 0.01%             | 2040-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EF3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1915000 | PA      | $1354958.25    | 0.01%             | 2051-02-08      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICE                                                         | Prime Healthcare Services Inc                                                    | CUSIP: 74165HAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     640000 | PA      | $566137.60     | 0.00%             | 2025-11-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61746BEF9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1797000 | PA      | $1741185.18    | 0.01%             | 2027-01-20      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048AP3<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    1565000 | PA      | $1495576.60    | 0.01%             | 2025-05-28      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Ohio State University/The                                                        | OHIO ST UNIV                                                                     | CUSIP: 677632PA3<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |     200000 | PA      | $180010.00     | 0.00%             | 2111-06-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 26444HAE1<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     388000 | PA      | $378641.44     | 0.00%             | 2028-07-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAN7<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |     290000 | PA      | $285014.90     | 0.00%             | 2024-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VAJ9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    1295000 | PA      | $1292539.50    | 0.01%             | 2025-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CALLON PETROLEUM                                                                 | Callon Petroleum Co                                                              | CUSIP: 13123XBD3<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |     430000 | PA      | $429621.60     | 0.00%             | 2028-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HUTCH WHAMPOA INT 14 LTD                                                         | Hutchison Whampoa International 14 Ltd                                           | CUSIP: 44841DAB8<br>LEI: 2549004PE8SIGYBLPX59 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $391436.00     | 0.00%             | 2024-10-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Smithfield Foods Inc                                                             | Smithfield Foods Inc                                                             | CUSIP: 832248AZ1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |    1256000 | PA      | $1174498.16    | 0.01%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1163000 | PA      | $892335.01     | 0.00%             | 2032-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| HIGHMARK INC                                                                     | Highmark Inc                                                                     | CUSIP: 431116AE2<br>LEI: 549300B6868ZXXEB2Y57 | Long             | DBT              | CORP              | US        |     818000 | PA      | $647667.86     | 0.00%             | 2031-05-10      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| FAGE INTL / FAGE USA                                                             | FAGE International SA / FAGE USA Dairy Industry Inc                              | CUSIP: 30257WAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     205000 | PA      | $192597.50     | 0.00%             | 2026-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   36600000 | PA      | $32396718.75   | 0.16%             | 2028-10-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140H6BQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     262407 | PA      | $250610.34     | 0.00%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167DU4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     794000 | PA      | $759016.36     | 0.00%             | 2027-01-12      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBZ5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    1117000 | PA      | $886373.01     | 0.00%             | 2060-01-31      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                                 | CUSIP: 57582PUE8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     145000 | PA      | $158255.03     | 0.00%             | 2039-12-01      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| WORKDAY INC                                                                      | Workday Inc                                                                      | CUSIP: 98138HAG6<br>LEI: 549300J0DYC0N31V7G13 | Long             | DBT              | CORP              | US        |     255000 | PA      | $244022.25     | 0.00%             | 2027-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S/BIDFAIR HLD                                                            | Sotheby's/Bidfair Holdings Inc                                                   | CUSIP: 83600GAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     185000 | PA      | $157882.70     | 0.00%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                                                         | Graphic Packaging International LLC                                              | CUSIP: 38869PAM6<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     118000 | PA      | $116116.72     | 0.00%             | 2024-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| DUKHAN TIER 1 SUKUK                                                              | Dukhan Tier 1 Sukuk Ltd                                                          | CUSIP: 000000000<br>LEI: 549300OZUVI5LYGOQM18 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $188654.00     | 0.00%             | 2026-07-14      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                                      | Vistra Operations Co LLC                                                         | CUSIP: 92840VAG7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     887000 | PA      | $824839.04     | 0.00%             | 2027-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ACA3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     530000 | PA      | $448883.50     | 0.00%             | 2028-09-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                      | CUSIP: 30161NAU5<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     854000 | PA      | $820830.64     | 0.00%             | 2026-04-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                             | Parker-Hannifin Corp                                                             | CUSIP: 70109HAL9<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     182000 | PA      | $177106.02     | 0.00%             | 2024-11-21      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                                                       | Carvana Co                                                                       | CUSIP: 146869AH5<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     445000 | PA      | $197967.15     | 0.00%             | 2029-09-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MUMTALAKAT SUKUK HOLDING                                                         | Mumtalakat Sukuk Holding Co                                                      | CUSIP: 000000000<br>LEI: 549300EN7U0YPUUKDX15 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $573876.00     | 0.00%             | 2027-01-21      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Co                                                           | Southwestern Energy Co                                                           | CUSIP: 845467AL3<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     390000 | PA      | $386954.10     | 0.00%             | 2025-01-23      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KV2<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     200000 | PA      | $194574.00     | 0.00%             | 2052-07-27      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TIME WARNER CABLE ENTRMN                                                         | Time Warner Cable Enterprises LLC                                                | CUSIP: 88731EAJ9<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | DBT              | CORP              | US        |     873000 | PA      | $1024902.00    | 0.00%             | 2033-07-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BERKLEY (WR) CORPORATION                                                         | W R Berkley Corp                                                                 | CUSIP: 084423AT9<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | DBT              | CORP              | US        |     305000 | PA      | $286032.05     | 0.00%             | 2044-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140F8SP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     105268 | PA      | $100561.37     | 0.00%             | 2046-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GUITAR CENTER INC                                                                | Guitar Center Inc                                                                | CUSIP: 40204BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     370000 | PA      | $323191.30     | 0.00%             | 2026-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AEP Texas Inc                                                                    | AEP Texas Inc                                                                    | CUSIP: 00108WAJ9<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     360000 | PA      | $306036.00     | 0.00%             | 2049-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     400000 | PA      | $286608.00     | 0.00%             | 2051-10-26      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                         | CUSIP: 071813CB3<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $806459.75     | 0.00%             | 2031-04-01      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE ASSETS                                                           | Galaxy Pipeline Assets Bidco Ltd                                                 | CUSIP: 000000000<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |     900000 | PA      | $711369.00     | 0.00%             | 2040-09-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TRINET GROUP INC                                                                 | TriNet Group Inc                                                                 | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |     325000 | PA      | $272252.50     | 0.00%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23335000 | PA      | $20578553.13   | 0.10%             | 2044-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TKJ3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     690000 | PA      | $696216.90     | 0.00%             | 2027-09-20      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                                                     | ADT Security Corp/The                                                            | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |     570000 | PA      | $507476.70     | 0.00%             | 2029-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| BANQUE FED CRED MUTUEL                                                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675FAY3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    1005000 | PA      | $893887.20     | 0.00%             | 2026-10-04      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| AEP TRANSMISSION CO LLC                                                          | AEP Transmission Co LLC                                                          | CUSIP: 00115AAK5<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     145000 | PA      | $122120.45     | 0.00%             | 2049-06-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| AFFILIATED MANAGERS GROU                                                         | Affiliated Managers Group Inc                                                    | CUSIP: 008252AP3<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |     195000 | PA      | $168834.90     | 0.00%             | 2030-06-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SIGNATURE BANK NEW YORK                                                          | Signature Bank/New York NY                                                       | CUSIP: 82669GCK8<br>LEI: VLP5AP0XK2GM6GKD1007 | Long             | DBT              | CORP              | US        |     200000 | PA      | $182906.00     | 0.00%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Provincia de Cordoba                                                             | Provincia de Cordoba                                                             | CUSIP: 000000000<br>LEI: 5299006CLM2Z97AATT29 | Long             | DBT              | NUSS              | AR        |     450000 | PA      | $387490.50     | 0.00%             | 2025-12-10      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Range Resources Corp                                                             | Range Resources Corp                                                             | CUSIP: 75281AAS8<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |     475000 | PA      | $461168.00     | 0.00%             | 2025-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F022626<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   94894000 | PA      | $83079491.08   | 0.40%             | 2053-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133B5NU2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4496321 | PA      | $3785902.61    | 0.02%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                                                 | Lamar Media Corp                                                                 | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     383000 | PA      | $362214.59     | 0.00%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ALTICE FRANCE SA                                                                 | Altice France SA/France                                                          | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    1465000 | PA      | $1157144.90    | 0.01%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                          | New Fortress Energy Inc                                                          | CUSIP: 644393AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     800000 | PA      | $767488.00     | 0.00%             | 2025-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133BRMF8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1766180 | PA      | $1794234.86    | 0.01%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650CX6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    2479000 | PA      | $2437947.76    | 0.01%             | 2028-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571903BB8<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     131000 | PA      | $129976.89     | 0.00%             | 2028-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| KSA Sukuk Ltd                                                                    | KSA Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 635400XBJFPNCGN9CK71 | Long             | DBT              | NUSS              | KY        |    2200000 | PA      | $2204708.00    | 0.01%             | 2029-01-19      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                                                         | Province of British Columbia Canada                                              | CUSIP: 110709EC2<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |     215000 | PA      | $284752.45     | 0.00%             | 2036-09-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                                                            | Element Solutions Inc                                                            | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |     545000 | PA      | $481965.30     | 0.00%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ABC SUPPLY CO INC                                                                | American Builders & Contractors Supply Co Inc                                    | CUSIP: 024747AG2<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |     340000 | PA      | $289846.60     | 0.00%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Albemarle Corp                                                                   | Albemarle Corp                                                                   | CUSIP: 012725AD9<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |     332000 | PA      | $327056.52     | 0.00%             | 2044-12-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                                                       | goeasy Ltd                                                                       | CUSIP: 380355AF4<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $179098.00     | 0.00%             | 2026-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EBE8<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     126000 | PA      | $111715.38     | 0.00%             | 2048-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                                                          | John Deere Capital Corp                                                          | CUSIP: 24422ETC3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     124000 | PA      | $120764.84     | 0.00%             | 2025-09-11      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ICBCIL FINANCE CO LTD                                                            | ICBCIL Finance Co Ltd                                                            | CUSIP: 000000000<br>LEI: 549300ZCUURSNVTOEU07 | Long             | DBT              | CORP              | HK        |    1000000 | PA      | $942860.00     | 0.00%             | 2024-11-02      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| EVEREST REINSURANCE HLDG                                                         | Everest Reinsurance Holdings Inc                                                 | CUSIP: 299808AF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      95000 | PA      | $88141.00      | 0.00%             | 2044-06-01      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                                                                     | AutoZone Inc                                                                     | CUSIP: 053332BB7<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     270000 | PA      | $270629.10     | 0.00%             | 2032-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                                   | Merck & Co Inc                                                                   | CUSIP: 58933YAT2<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    2042000 | PA      | $1806843.28    | 0.01%             | 2045-02-10      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAM0<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     330000 | PA      | $278493.60     | 0.00%             | 2042-08-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Bunge Ltd Finance Corp                                                           | Bunge Ltd Finance Corp                                                           | CUSIP: 120568AX8<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |     793000 | PA      | $752358.75     | 0.00%             | 2026-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                    | CUSIP: 461070AN4<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |     140000 | PA      | $108840.20     | 0.00%             | 2046-09-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| RAIN CII CARBON LLC/CII                                                          | Rain CII Carbon LLC / CII Carbon Corp                                            | CUSIP: 75079RAC2<br>LEI: 5493002CIT11OW5J8846 | Long             | DBT              | CORP              | US        |     380000 | PA      | $358226.00     | 0.00%             | 2025-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                  | CUSIP: 2350368N3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      95000 | PA      | $72751.38      | 0.00%             | 2046-11-01      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ4R8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     133775 | PA      | $131352.15     | 0.00%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LAM RESEARCH CORP                                                                | Lam Research Corp                                                                | CUSIP: 512807AX6<br>LEI: 549300I4GMO6D34U1T02 | Long             | DBT              | CORP              | US        |     505000 | PA      | $359358.00     | 0.00%             | 2060-06-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ENERGY VEN/ENVEN FIN                                                             | Energy Ventures Gom LLC / EnVen Finance Corp                                     | CUSIP: 29278MAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     127000 | PA      | $132872.48     | 0.00%             | 2026-04-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| SCHLUMBERGER INVESTMENT                                                          | Schlumberger Investment SA                                                       | CUSIP: 806854AJ4<br>LEI: 529900EZ29I5KXPV2J32 | Long             | DBT              | CORP              | LU        |     800000 | PA      | $712440.00     | 0.00%             | 2030-06-26      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                    | CUSIP: 233331BC0<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |     261000 | PA      | $239370.93     | 0.00%             | 2029-06-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                                        | CUSIP: 68607LXQ5<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     340000 | PA      | $353214.78     | 0.00%             | 2027-06-01      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048CQ9<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     200000 | PA      | $177872.00     | 0.00%             | 2029-02-16      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    1600000 | PA      | $1555392.00    | 0.01%             | 2026-05-03      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| LIGHT SERVICOS ENERGIA                                                           | Light Servicos de Eletricidade SA/Light Energia SA                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |     400000 | PA      | $236064.00     | 0.00%             | 2026-06-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                               | CUSIP: 925650AC7<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |     550000 | PA      | $533456.00     | 0.00%             | 2030-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QF4K2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   18458548 | PA      | $16294017.00   | 0.08%             | 2050-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BORGWARNER INC                                                                   | BorgWarner Inc                                                                   | CUSIP: 099724AM8<br>LEI: 549300DSFX2IE88NSX47 | Long             | DBT              | CORP              | US        |    1172000 | PA      | $1163256.88    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLOWERS FOODS INC                                                                | Flowers Foods Inc                                                                | CUSIP: 343498AC5<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |     769000 | PA      | $637785.53     | 0.00%             | 2031-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| GENTING NY LLC/GENNY CAP                                                         | Genting New York LLC / GENNY Capital Inc                                         | CUSIP: 37255JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     350000 | PA      | $312798.50     | 0.00%             | 2026-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400ES8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     613000 | PA      | $667495.70     | 0.00%             | 2034-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                                                      | Truist Bank                                                                      | CUSIP: 07330MAA5<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     470000 | PA      | $453832.00     | 0.00%             | 2026-10-30      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                                                      | Netflix Inc                                                                      | CUSIP: 64110LAL0<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     433000 | PA      | $440460.59     | 0.00%             | 2025-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                                                         | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |     600000 | PA      | $592572.00     | 0.00%             | 2024-03-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CINTAS CORPORATION NO. 2                                                         | Cintas Corp No 2                                                                 | CUSIP: 17252MAQ3<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |     270000 | PA      | $262280.70     | 0.00%             | 2032-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCT6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   28100000 | PA      | $26396437.50   | 0.13%             | 2024-08-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WBJ8<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    1406000 | PA      | $1383869.56    | 0.01%             | 2025-05-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CND2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     123753 | PA      | $118189.30     | 0.00%             | 2047-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                                                             | Appalachian Power Co                                                             | CUSIP: 037735CM7<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     245000 | PA      | $288803.55     | 0.00%             | 2038-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CY4<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     745000 | PA      | $542211.00     | 0.00%             | 2060-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                      | CUSIP: 797440BY9<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     180000 | PA      | $137836.80     | 0.00%             | 2050-04-15      | Fixed         | 3.32%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967LW9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1419000 | PA      | $1355840.31    | 0.01%             | 2029-04-23      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Owens Corning                                                                    | Owens Corning                                                                    | CUSIP: 690742AE1<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |     655000 | PA      | $644801.65     | 0.00%             | 2024-12-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MALAYSIA SUKUK GLOBAL                                                            | Malaysia Sukuk Global Bhd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MY        |     750000 | PA      | $697815.00     | 0.00%             | 2046-04-27      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136B26W7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2950000 | PA      | $2871925.60    | 0.01%             | 2030-08-25      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                                                                       | Federal National Mortgage Association                                            | CUSIP: 3135G0X24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   10100000 | PA      | $9611564.00    | 0.05%             | 2025-01-07      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    2504000 | PA      | $2524808.24    | 0.01%             | 2030-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                                                         | First Quantum Minerals Ltd                                                       | CUSIP: 000000000<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    1200000 | PA      | $1188732.00    | 0.01%             | 2025-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                                           | Anglo American Capital PLC                                                       | CUSIP: 034863AP5<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $198826.00     | 0.00%             | 2025-05-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies BV                                                          | Sensata Technologies BV                                                          | CUSIP: 81725WAJ2<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     461000 | PA      | $455832.19     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                                             | Entergy Arkansas LLC                                                             | CUSIP: 29366MAA6<br>LEI: 549300A0I5ONUIFMLP35 | Long             | DBT              | CORP              | US        |     520000 | PA      | $458473.60     | 0.00%             | 2049-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AZ7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     400000 | PA      | $330428.00     | 0.00%             | 2048-06-22      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044DF5<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     285000 | PA      | $233289.60     | 0.00%             | 2046-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                                               | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     921000 | PA      | $197899.88     | 0.00%             | 2026-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CSN ISLANDS XI CORP                                                              | CSN Inova Ventures                                                               | CUSIP: 000000000<br>LEI: 222100R8R68DM7VM3661 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $799616.00     | 0.00%             | 2028-01-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BW1<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     470000 | PA      | $464082.70     | 0.00%             | 2028-12-06      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MUNICH RE AMERICA CORP                                                           | Munich Re America Corp                                                           | CUSIP: 029163AD4<br>LEI: 5493000NTMGI8RSQK217 | Long             | DBT              | CORP              | US        |     305000 | PA      | $332895.30     | 0.00%             | 2026-12-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308HM2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     350000 | PA      | $334064.50     | 0.00%             | 2025-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058KL6<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |     250000 | PA      | $249115.00     | 0.00%             | 2029-09-21      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Golden Entertainment Inc                                                         | Golden Entertainment Inc                                                         | CUSIP: 381013AA9<br>LEI: 549300P8YYCKQVJ0Y638 | Long             | DBT              | CORP              | US        |     225000 | PA      | $226363.50     | 0.00%             | 2026-04-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                                          | Sensata Technologies BV                                                          | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     630000 | PA      | $565456.50     | 0.00%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                                                           | ConocoPhillips Co                                                                | CUSIP: 20826FAU0<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |     233000 | PA      | $222962.36     | 0.00%             | 2025-03-07      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                         | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     484000 | PA      | $435309.60     | 0.00%             | 2029-12-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| PRIVATE EXPORT FUNDING                                                           | Private Export Funding Corp                                                      | CUSIP: 742651DP4<br>LEI: CYQE6SAYPFKNQJ6FMH60 | Long             | DBT              | CORP              | US        |     200000 | PA      | $192930.00     | 0.00%             | 2024-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                                                          | Brighthouse Financial Global Funding                                             | CUSIP: 10921U2H0<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |     200000 | PA      | $185826.00     | 0.00%             | 2025-01-13      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                                                     | Alphabet Inc                                                                     | CUSIP: 02079KAH0<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     807000 | PA      | $736121.19     | 0.00%             | 2025-08-15      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK INDIA                                                           | Export-Import Bank of India                                                      | CUSIP: 30216KAA0<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |     850000 | PA      | $802085.50     | 0.00%             | 2026-08-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044DL2<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     604000 | PA      | $596202.36     | 0.00%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNE58<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1961700 | PA      | $1722503.69    | 0.01%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                                          | Standard Industries Inc/NJ                                                       | CUSIP: 853496AC1<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     770000 | PA      | $733247.90     | 0.00%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                                                         | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBK9<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |     930000 | PA      | $692691.90     | 0.00%             | 2060-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6AU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   19836447 | PA      | $18078550.07   | 0.09%             | 2036-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   30300000 | PA      | $28547097.73   | 0.14%             | 2024-07-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| INGERSOLL-RAND GL HLD CO                                                         | Trane Technologies Global Holding Co Ltd                                         | CUSIP: 45687AAP7<br>LEI: 549300UCF0D858BIOV83 | Long             | DBT              | CORP              | US        |     921000 | PA      | $890293.86     | 0.00%             | 2028-08-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RAM4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     664000 | PA      | $649604.48     | 0.00%             | 2028-09-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582CG5<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    1223000 | PA      | $1115632.83    | 0.01%             | 2030-04-06      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBH9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     270000 | PA      | $261368.10     | 0.00%             | 2033-06-13      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL BDC                                                                | Golub Capital BDC Inc                                                            | CUSIP: 38173MAB8<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |     235000 | PA      | $206196.05     | 0.00%             | 2026-08-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DZ8<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    1050000 | PA      | $984690.00     | 0.00%             | 2024-09-23      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS INC                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BH4<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |      65000 | PA      | $59025.85      | 0.00%             | 2044-11-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YFB6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     725000 | PA      | $738572.00     | 0.00%             | 2038-01-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Co                                                           | Southwestern Energy Co                                                           | CUSIP: 845467AN9<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     359000 | PA      | $374350.84     | 0.00%             | 2027-10-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                                          | Romanian Government International Bond                                           | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     750000 | PA      | $629092.50     | 0.00%             | 2048-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738ECD5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     900000 | PA      | $974961.00     | 0.00%             | 2028-11-02      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CS6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     556000 | PA      | $447663.40     | 0.00%             | 2030-11-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XCR98<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     214738 | PA      | $213916.58     | 0.00%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668BR2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    1090000 | PA      | $1063186.00    | 0.01%             | 2025-06-06      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RAILWAY                                                            | Canadian National Railway Co                                                     | CUSIP: 136375BN1<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $227832.00     | 0.00%             | 2036-06-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDLB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5413321 | PA      | $4933715.10    | 0.02%             | 2036-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                                                     | Centene Corp                                                                     | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    1530000 | PA      | $1326785.40    | 0.01%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CX1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    1875000 | PA      | $1912406.25    | 0.01%             | 2060-05-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBM2<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     826000 | PA      | $712714.10     | 0.00%             | 2030-04-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Equinor ASA                                                                      | Equinor ASA                                                                      | CUSIP: 656531AM2<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     324000 | PA      | $362225.52     | 0.00%             | 2027-09-23      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ADVOCATE HEALTH CORP                                                             | Advocate Health & Hospitals Corp                                                 | CUSIP: 007589AC8<br>LEI: 549300AEHU3PPOUCIL87 | Long             | DBT              | CORP              | US        |     198000 | PA      | $153263.88     | 0.00%             | 2049-10-15      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                                                     | SK Hynix Inc                                                                     | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $191238.00     | 0.00%             | 2024-09-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DL0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1511000 | PA      | $1595585.78    | 0.01%             | 2036-05-02      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EMERGENT BIOSOLUTIONS                                                            | Emergent BioSolutions Inc                                                        | CUSIP: 29089QAC9<br>LEI: 549300YW6TUOX8BE5103 | Long             | DBT              | CORP              | US        |     385000 | PA      | $167236.30     | 0.00%             | 2028-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05578QAG8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     505000 | PA      | $359560.00     | 0.00%             | 2042-10-19      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 035240AM2<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    1140000 | PA      | $1083114.00    | 0.01%             | 2038-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY SOUTH                                                            | Dominion Energy South Carolina Inc                                               | CUSIP: 837004CB4<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |     139000 | PA      | $154616.65     | 0.00%             | 2038-01-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132L9KW4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     200365 | PA      | $196803.79     | 0.00%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CCBL CAYMAN 1 CORP                                                               | CCBL Cayman 1 Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 549300PPQILFPZT13E12 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $391948.00     | 0.00%             | 2024-05-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LBJ4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     605000 | PA      | $616815.65     | 0.00%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 0641594B9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     760000 | PA      | $625594.00     | 0.00%             | 2031-08-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| WESTERN & SOUTHERN FIN                                                           | Western & Southern Financial Group Inc                                           | CUSIP: 957576AA9<br>LEI: 54930077BZ6U5AC0NJ12 | Long             | DBT              | CORP              | US        |       5000 | PA      | $5246.70       | 0.00%             | 2033-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CG7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     475000 | PA      | $446457.25     | 0.00%             | 2033-04-19      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| EMPRESA NACIONAL DE TELE                                                         | Empresa Nacional de Telecomunicaciones SA                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |     600000 | PA      | $588450.00     | 0.00%             | 2026-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| Lazard Group LLC                                                                 | Lazard Group LLC                                                                 | CUSIP: 52107QAK1<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |     249000 | PA      | $239500.65     | 0.00%             | 2029-03-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CSL Finance PLC                                                                  | CSL Finance PLC                                                                  | CUSIP: 12661PAD1<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $192738.00     | 0.00%             | 2042-04-27      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                             | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     350000 | PA      | $294658.00     | 0.00%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KJLB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1016210 | PA      | $898625.93     | 0.00%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAQ9<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |    1000000 | PA      | $816000.00     | 0.00%             | 2050-06-23      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WEQ2<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     230000 | PA      | $220351.50     | 0.00%             | 2027-04-07      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| RELIANCE STAND LIFE II                                                           | Reliance Standard Life Global Funding II                                         | CUSIP: 75951AAQ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     835000 | PA      | $732436.95     | 0.00%             | 2026-09-28      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBK6<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              |  | US        |     230000 | PA      | $222021.30     | 0.00%             | 2026-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                                                 | NTT Finance Corp                                                                 | CUSIP: 62954WAK1<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |     210000 | PA      | $209951.70     | 0.00%             | 2027-07-27      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VGL2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     680000 | PA      | $504478.40     | 0.00%             | 2041-09-03      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    6380000 | PA      | $5748978.13    | 0.03%             | 2044-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HBF5<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     400000 | PA      | $403716.00     | 0.00%             | 2027-07-06      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE II                                                               | Huarong Finance II Co Ltd                                                        | CUSIP: 000000000<br>LEI: 549300BHVD63HE2GHX17 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $555408.00     | 0.00%             | 2026-06-03      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                | CUSIP: 3622AAQ23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     163196 | PA      | $160922.60     | 0.00%             | 2049-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive Inc                                                          | O'Reilly Automotive Inc                                                          | CUSIP: 67103HAG2<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |     215000 | PA      | $213155.30     | 0.00%             | 2028-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                                         | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     507000 | PA      | $467955.93     | 0.00%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B93<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     500000 | PA      | $417405.00     | 0.00%             | 2029-02-10      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                                         | Univision Communications Inc                                                     | CUSIP: 914906AU6<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     921000 | PA      | $902349.75     | 0.00%             | 2027-06-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                | CUSIP: 71644EAJ1<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |    1110000 | PA      | $1246962.90    | 0.01%             | 2038-05-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | Freeport-McMoRan Inc                                                             | CUSIP: 35671DCE3<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     710000 | PA      | $673342.70     | 0.00%             | 2028-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST SUPPLY HEADER                                                          | Southeast Supply Header LLC                                                      | CUSIP: 841504AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     320000 | PA      | $304921.60     | 0.00%             | 2024-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                                                            | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAJ1<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |     315000 | PA      | $309572.55     | 0.00%             | 2025-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38148LAE6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1954000 | PA      | $1909546.50    | 0.01%             | 2025-05-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526CS6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     335000 | PA      | $352517.15     | 0.00%             | 2029-01-18      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023AU9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     618000 | PA      | $664856.76     | 0.00%             | 2033-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CQ6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     545000 | PA      | $419568.25     | 0.00%             | 2050-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ALDAR SUKUK LTD                                                                  | Aldar Sukuk Ltd                                                                  | CUSIP: 000000000<br>LEI: 5493003RAF9LEP7I8L38 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $399424.00     | 0.00%             | 2025-09-29      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                                                          | Reliance Industries Ltd                                                          | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |     850000 | PA      | $805001.00     | 0.00%             | 2027-11-30      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807CV7<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     619000 | PA      | $601494.68     | 0.00%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                                                                | General Motors Co                                                                | CUSIP: 37045VAY6<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     535000 | PA      | $531436.90     | 0.00%             | 2029-10-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                          | Hyundai Capital America                                                          | CUSIP: 44891CAZ6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |      50000 | PA      | $49411.00      | 0.00%             | 2024-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                                            | Wells Fargo Commercial Mortgage Trust 2021-C59                                   | CUSIP: 95003CAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3470000 | PA      | $2968928.60    | 0.01%             | 2054-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                                                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416515AP9<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     237000 | PA      | $252734.43     | 0.00%             | 2041-10-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJW71<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     443478 | PA      | $438098.96     | 0.00%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236THX6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |      60000 | PA      | $49137.00      | 0.00%             | 2031-01-10      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HK                                                              | Bangkok Bank PCL/Hong Kong                                                       | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |     200000 | PA      | $196608.00     | 0.00%             | 2027-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2020-2A PTT                                                           | Air Canada 2020-2 Class A Pass Through Trust                                     | CUSIP: 00909DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     636304 | PA      | $607473.53     | 0.00%             | 2029-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DJ4<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     145000 | PA      | $150269.30     | 0.00%             | 2045-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                                                          | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              |  | US        |     640000 | PA      | $424691.20     | 0.00%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                   | CUSIP: 406216BG5<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |     301000 | PA      | $296009.42     | 0.00%             | 2025-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KLG35<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5934581 | PA      | $5021868.46    | 0.02%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABB0<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    2093000 | PA      | $2032784.39    | 0.01%             | 2025-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $518160.00     | 0.00%             | 2031-06-03      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                                                      | Chemours Co/The                                                                  | CUSIP: 163851AE8<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     355000 | PA      | $328715.80     | 0.00%             | 2027-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                                                          | Imperial Brands Finance PLC                                                      | CUSIP: 45262BAC7<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |     430000 | PA      | $380425.30     | 0.00%             | 2029-07-26      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                                                                     | Chevron Corp                                                                     | CUSIP: 166764CA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     740000 | PA      | $576578.40     | 0.00%             | 2050-05-11      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMBD6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   20232618 | PA      | $17071900.59   | 0.08%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                            | CUSIP: 904764BH9<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |      95000 | PA      | $82907.45      | 0.00%             | 2029-09-06      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WGHR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      63147 | PA      | $61221.67      | 0.00%             | 2046-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UH54<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     361287 | PA      | $363346.49     | 0.00%             | 2048-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                                                           | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     700000 | PA      | $617400.00     | 0.00%             | 2029-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                                           | Anglo American Capital PLC                                                       | CUSIP: 000000000<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     300000 | PA      | $308820.00     | 0.00%             | 2030-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                    | DISH DBS Corp                                                                    | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     710000 | PA      | $510447.40     | 0.00%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                                                               | Realty Income Corp                                                               | CUSIP: 756109AT1<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     143000 | PA      | $136008.73     | 0.00%             | 2047-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EBD1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   16344664 | PA      | $14525687.30   | 0.07%             | 2037-02-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| RIZAL COMMERCIAL BANKING                                                         | Rizal Commercial Banking Corp                                                    | CUSIP: 000000000<br>LEI: CIKZWI6KV077KV2E2J69 | Long             | DBT              | CORP              | PH        |     200000 | PA      | $191150.00     | 0.00%             | 2024-09-11      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAK9<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |     220000 | PA      | $189017.40     | 0.00%             | 2028-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VSJ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2002421 | PA      | $1913740.66    | 0.01%             | 2050-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EBZ7<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     100000 | PA      | $97214.00      | 0.00%             | 2025-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513EAC5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     752000 | PA      | $566699.68     | 0.00%             | 2050-07-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| NOGAHOLDING SUKUK                                                                | Nogaholding Sukuk Ltd                                                            | CUSIP: 000000000<br>LEI: 54930062R6OFRHBRAI29 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $199612.00     | 0.00%             | 2029-04-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                                                           | Blackstone Private Credit Fund                                                   | CUSIP: 09261HAP2<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     213000 | PA      | $199310.49     | 0.00%             | 2025-01-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBF3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     270000 | PA      | $265399.20     | 0.00%             | 2025-06-13      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                                                    | Methanex Corp                                                                    | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     601000 | PA      | $555384.10     | 0.00%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ISRAEL ELECTRIC CORP LTD                                                         | Israel Electric Corp Ltd                                                         | CUSIP: 000000000<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |     200000 | PA      | $179056.00     | 0.00%             | 2032-02-22      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550BD7<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     235000 | PA      | $252871.75     | 0.00%             | 2039-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UAE INT'L GOVT BOND                                                              | UAE INTERNATIONAL GOVERNMENT BOND                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |     400000 | PA      | $339188.00     | 0.00%             | 2031-10-19      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AQ4<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |    1033000 | PA      | $856171.06     | 0.00%             | 2030-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132QWMN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      85784 | PA      | $82028.69      | 0.00%             | 2046-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                                                          | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAA3<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    1040000 | PA      | $826612.80     | 0.00%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448EG9<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     355000 | PA      | $408448.80     | 0.00%             | 2029-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 17308CC53<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1249000 | PA      | $1098045.86    | 0.01%             | 2030-11-05      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| ISRAEL ELECTRIC CORP LTD                                                         | Israel Electric Corp Ltd                                                         | CUSIP: 46507WAB6<br>LEI: 254900JW7GE35YNJGJ55 | Long             | DBT              | CORP              | IL        |     250000 | PA      | $275655.00     | 0.00%             | 2027-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558BS1<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     513000 | PA      | $380666.52     | 0.00%             | 2040-10-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CBC7<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     425000 | PA      | $334334.75     | 0.00%             | 2051-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630DM7<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     800000 | PA      | $741232.00     | 0.00%             | 2025-01-25      | Fixed         | 0.75%                 | No            |                  2 | On Loan: —       |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBS4<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     355000 | PA      | $332982.90     | 0.00%             | 2048-10-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Republic of El Salvador                                                          | El Salvador Government International Bond                                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     480000 | PA      | $265732.80     | 0.00%             | 2027-01-18      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833DK3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1469000 | PA      | $1400412.39    | 0.01%             | 2027-11-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NX9<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     235000 | PA      | $185948.45     | 0.00%             | 2031-06-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844BM9<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     140000 | PA      | $122704.40     | 0.00%             | 2042-10-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Lloyds Bank PLC                                                                  | Lloyds Bank PLC                                                                  | CUSIP: 53944VAH2<br>LEI: H7FNTJ4851HG0EXQ1Z70 | Long             | DBT              | CORP              | GB        |     160000 | PA      | $155403.20     | 0.00%             | 2025-05-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                  | CUSIP: 902494BJ1<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |     520000 | PA      | $511674.80     | 0.00%             | 2026-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CH ROBINSON WORLDWIDE                                                            | CH Robinson Worldwide Inc                                                        | CUSIP: 12541WAA8<br>LEI: 529900WNWN5L0OVDHA79 | Long             | DBT              | CORP              | US        |     365000 | PA      | $356323.95     | 0.00%             | 2028-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                            | Tennessee Valley Authority                                                       | CUSIP: 880591EP3<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |     390000 | PA      | $337650.30     | 0.00%             | 2042-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FRANKLIN RESOURCES INC                                                           | Franklin Resources Inc                                                           | CUSIP: 354613AL5<br>LEI: RIFQSET379FOGTEFKS80 | Long             | DBT              | CORP              | US        |     619000 | PA      | $496147.07     | 0.00%             | 2030-10-30      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                                         | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     300000 | PA      | $277077.00     | 0.00%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 31334YPW1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2390702 | PA      | $2221142.65    | 0.01%             | 2046-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                                                   | Qatar Government International Bond                                              | CUSIP: 74727PAL5<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |     750000 | PA      | $899235.00     | 0.00%             | 2040-01-20      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     650000 | PA      | $430183.00     | 0.00%             | 2051-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110CA0<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |     528000 | PA      | $479170.56     | 0.00%             | 2026-03-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 035240AN0<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    1517000 | PA      | $1435628.12    | 0.01%             | 2048-04-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAE0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1200000 | PA      | $1151676.00    | 0.01%             | 2028-01-11      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                                                | Atmos Energy Corp                                                                | CUSIP: 049560AQ8<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     365000 | PA      | $320338.60     | 0.00%             | 2049-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                           | Cox Communications Inc                                                           | CUSIP: 224044CJ4<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     453000 | PA      | $431554.98     | 0.00%             | 2027-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EAY1<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     690000 | PA      | $668630.70     | 0.00%             | 2028-04-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XHKM8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6747354 | PA      | $5407819.67    | 0.03%             | 2052-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                                                          | Grand Canyon University                                                          | CUSIP: 38528UAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     150000 | PA      | $139066.50     | 0.00%             | 2026-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAJ9<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     282000 | PA      | $271763.40     | 0.00%             | 2027-03-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI                                                          | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 019579AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     775000 | PA      | $668453.00     | 0.00%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EUY3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     250000 | PA      | $228790.00     | 0.00%             | 2029-07-18      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GABON                                                                | Gabon Government International Bond                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |     600000 | PA      | $581718.00     | 0.00%             | 2025-06-16      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SHARJAH SUKUK PROGRAM                                                            | Sharjah Sukuk Program Ltd                                                        | CUSIP: 000000000<br>LEI: 549300N3BQ9P6RRMVV02 | Long             | DBT              | NUSS              | KY        |     800000 | PA      | $717400.00     | 0.00%             | 2029-10-23      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                                           | Match Group Holdings II LLC                                                      | CUSIP: 57665RAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     305000 | PA      | $292510.25     | 0.00%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29279FAA7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    1257000 | PA      | $1276508.64    | 0.01%             | 2049-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 035240AP5<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |     100000 | PA      | $95772.00      | 0.00%             | 2058-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Discover Bank                                                                    | Discover Bank                                                                    | CUSIP: 25466AAP6<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |     744000 | PA      | $722066.88     | 0.00%             | 2028-09-13      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RAR0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     840000 | PA      | $887006.40     | 0.00%             | 2042-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBK0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1400000 | PA      | $1342726.00    | 0.01%             | 2030-06-20      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                                                         | MassMutual Global Funding II                                                     | CUSIP: 57629WDG2<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |     300000 | PA      | $287832.00     | 0.00%             | 2025-03-21      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HBB4<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     520000 | PA      | $449919.60     | 0.00%             | 2029-01-22      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                                                         | Delta Air Lines Inc / SkyMiles IP Ltd                                            | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    1656000 | PA      | $1610046.00    | 0.01%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1200000 | PA      | $856992.00     | 0.00%             | 2031-02-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128282U3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   18800000 | PA      | $18061218.84   | 0.09%             | 2024-08-31      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| LEEWARD RENEWABL                                                                 | Leeward Renewable Energy Operations LLC                                          | CUSIP: 524590AA4<br>LEI: 254900EVJU1A57NUX379 | Long             | DBT              | CORP              | US        |     225000 | PA      | $199077.75     | 0.00%             | 2029-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                                          | United Rentals North America Inc                                                 | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     575000 | PA      | $497191.00     | 0.00%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HAZINE MUSTESARLIGI VARL                                                         | Hazine Mustesarligi Varlik Kiralama AS                                           | CUSIP: 000000000<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | CORP              | TR        |     800000 | PA      | $760856.00     | 0.00%             | 2024-11-25      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF                                                         | Province of British Columbia Canada                                              | CUSIP: 110709AD4<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |    1130000 | PA      | $1080144.40    | 0.01%             | 2024-09-27      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                                                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LAZ3<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     847000 | PA      | $815737.23     | 0.00%             | 2026-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                            | CUSIP: 575718AA9<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |     394000 | PA      | $447178.18     | 0.00%             | 2111-07-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| TELUS Corp                                                                       | TELUS Corp                                                                       | CUSIP: 87971MBD4<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |     340000 | PA      | $318852.00     | 0.00%             | 2027-02-16      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZN3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   13000000 | PA      | $11394296.94   | 0.05%             | 2027-04-30      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J9YJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     113758 | PA      | $114049.06     | 0.00%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                               | CUSIP: 78081BAH6<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     778000 | PA      | $705894.96     | 0.00%             | 2025-09-02      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| CHUGOKU ELECTRIC POWER                                                           | Chugoku Electric Power Co Inc/The                                                | CUSIP: 000000000<br>LEI: 353800MV866ELME96Q46 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $196240.00     | 0.00%             | 2024-02-28      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| JUNIPER NETWORKS INC                                                             | Juniper Networks Inc                                                             | CUSIP: 48203RAP9<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |     450000 | PA      | $357160.50     | 0.00%             | 2030-12-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132HNH51<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     622359 | PA      | $600985.71     | 0.00%             | 2042-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                          | CUSIP: 02364WBG9<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |     765000 | PA      | $694467.00     | 0.00%             | 2049-04-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| FORTUNE STAR BVI LTD                                                             | Fortune Star BVI Ltd                                                             | CUSIP: 000000000<br>LEI: 2549008CU8NYQQRSNU62 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $157098.00     | 0.00%             | 2027-01-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XGKE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   18811076 | PA      | $15900689.71   | 0.08%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VDD3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1056000 | PA      | $991605.12     | 0.00%             | 2026-08-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| INTL FINANCE CORP                                                                | International Finance Corp                                                       | CUSIP: 45950KCU2<br>LEI: QKL54NQY28TCDAI75F60 | Long             | DBT              | NUSS              | XX        |    1070000 | PA      | $864613.50     | 0.00%             | 2030-08-27      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BG8<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     574000 | PA      | $509648.86     | 0.00%             | 2029-09-04      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                                         | Univision Communications Inc                                                     | CUSIP: 914906AS1<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     967000 | PA      | $942244.80     | 0.00%             | 2025-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LEVI STRAUSS & CO                                                                | Levi Strauss & Co                                                                | CUSIP: 52736RBJ0<br>LEI: MB0UERO0RDFKU8258G77 | Long             | DBT              | CORP              | US        |     300000 | PA      | $253581.00     | 0.00%             | 2031-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| UKRAINE GOVERNMENT                                                               | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    1000000 | PA      | $219875.00     | 0.00%             | 2029-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL FINANCIAL                                                          | Fidelity National Financial Inc                                                  | CUSIP: 31620RAJ4<br>LEI: 549300CAZYIH39SYQ287 | Long             | DBT              | CORP              | US        |     640000 | PA      | $565523.20     | 0.00%             | 2030-06-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NARRAGANSETT ELECTRIC                                                            | Narragansett Electric Co/The                                                     | CUSIP: 631005BC8<br>LEI: VAI0KZ806W8MCH0BCZ61 | Long             | DBT              | CORP              | US        |     355000 | PA      | $365568.35     | 0.00%             | 2040-03-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZT4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     720000 | PA      | $706327.20     | 0.00%             | 2027-06-15      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                                         | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     430000 | PA      | $421971.90     | 0.00%             | 2026-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967KY6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    2267000 | PA      | $2147483.76    | 0.01%             | 2026-10-21      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Transportation Commission                              | SAN DIEGO CNTY CA REGL TRANSPRTN COMMISSION SALES TAX REV                        | CUSIP: 797400FN3<br>LEI: W4FR340A6EQ2SSI17B56 | Long             | DBT              | MUN               | US        |     160000 | PA      | $179783.52     | 0.00%             | 2048-04-01      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3622A26R8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     558230 | PA      | $536659.85     | 0.00%             | 2048-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 744320BA9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     840000 | PA      | $715680.00     | 0.00%             | 2049-12-07      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JJ6<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     295000 | PA      | $256116.05     | 0.00%             | 2027-10-21      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| TUCSON ELECTRIC POWER CO                                                         | Tucson Electric Power Co                                                         | CUSIP: 898813AT7<br>LEI: YLF139GXSRKPBBTNZL03 | Long             | DBT              | CORP              | US        |     145000 | PA      | $102164.10     | 0.00%             | 2051-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GOVT OF BERMUDA                                                                  | Bermuda Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |     590000 | PA      | $505807.00     | 0.00%             | 2030-08-20      | Fixed         | 2.38%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDN51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   16237037 | PA      | $13707290.79   | 0.07%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                       | CUSIP: 458140AS9<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     730000 | PA      | $714801.40     | 0.00%             | 2025-07-29      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XD6A9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1108246 | PA      | $976558.29     | 0.00%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAN7<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     800000 | PA      | $686632.00     | 0.00%             | 2030-06-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CP2<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     320000 | PA      | $263865.60     | 0.00%             | 2046-05-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST GAS CORP                                                               | Southwest Gas Corp                                                               | CUSIP: 845011AF2<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |     390000 | PA      | $408255.90     | 0.00%             | 2027-12-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| AMER AIRLN 13-1 A PASS T                                                         | American Airlines 2013-1 Class A Pass Through Trust                              | CUSIP: 023772AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     167347 | PA      | $152260.44     | 0.00%             | 2025-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI                                                         | Adani Electricity Mumbai Ltd                                                     | CUSIP: 000000000<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |     600000 | PA      | $448098.00     | 0.00%             | 2030-02-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TRINITY HEALTH CORP                                                              | Trinity Health Corp                                                              | CUSIP: 896517AA7<br>LEI: TWSRHFGEDJDX0GKMGJ67 | Long             | DBT              | CORP              | US        |     362000 | PA      | $295026.38     | 0.00%             | 2048-12-01      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAC7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1076988.00    | 0.01%             | 2024-03-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| GLAXOSMITHKLINE CAPITAL                                                          | GlaxoSmithKline Capital PLC                                                      | CUSIP: 377373AH8<br>LEI: 549300U0LV41VX7LEP38 | Long             | DBT              | CORP              | GB        |     755000 | PA      | $716706.40     | 0.00%             | 2029-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAS PENOLES SAB D                                                         | Industrias Penoles SAB de CV                                                     | CUSIP: 000000000<br>LEI: 549300WA2HB7776CB324 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $344736.00     | 0.00%             | 2050-08-06      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NBH3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     775000 | PA      | $758624.25     | 0.00%             | 2033-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GQ3F1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     115404 | PA      | $113243.66     | 0.00%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CORNING INC                                                                      | Corning Inc                                                                      | CUSIP: 219350BP9<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |     212000 | PA      | $167957.00     | 0.00%             | 2049-11-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109AZ4<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     730000 | PA      | $701953.40     | 0.00%             | 2043-10-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP                                                              | Avery Dennison Corp                                                              | CUSIP: 053611AK5<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |     405000 | PA      | $346096.80     | 0.00%             | 2030-04-30      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Loews Corp                                                                       | Loews Corp                                                                       | CUSIP: 540424AP3<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |      35000 | PA      | $37942.80      | 0.00%             | 2035-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XBWA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   25121468 | PA      | $24573093.34   | 0.12%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                        | CUSIP: 039483BL5<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |    1378000 | PA      | $1299715.82    | 0.01%             | 2026-08-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                         | CUSIP: 126408HT3<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     650000 | PA      | $429552.50     | 0.00%             | 2051-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                          | CUSIP: 02364WBE4<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |     524000 | PA      | $479423.32     | 0.00%             | 2042-07-16      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL SERVICES                                                         | Hyundai Capital Services Inc                                                     | CUSIP: 000000000<br>LEI: 549300MALMDAGL2ZJJ27 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $185068.00     | 0.00%             | 2027-08-29      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                             | Royal Bank of Canada                                                             | CUSIP: 78016FZT4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     850000 | PA      | $854777.00     | 0.00%             | 2026-01-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KL4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     810000 | PA      | $570426.30     | 0.00%             | 2050-05-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UDQ9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     300000 | PA      | $282489.00     | 0.00%             | 2052-08-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                                                      | Viatris Inc                                                                      | CUSIP: 92556VAC0<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |     705000 | PA      | $621781.80     | 0.00%             | 2027-06-22      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                                             | Colombia Government International Bond                                           | CUSIP: 195325DX0<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1025000 | PA      | $594233.50     | 0.00%             | 2061-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AIA GROUP LTD                                                                    | AIA Group Ltd                                                                    | CUSIP: 00131LAK1<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |    2195000 | PA      | $1683235.75    | 0.01%             | 2040-09-16      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ULKER BISKUVI SANAYI AS                                                          | Ulker Biskuvi Sanayi AS                                                          | CUSIP: 000000000<br>LEI: 7890009HEU9BS7J3DA93 | Long             | DBT              | CORP              | TR        |     600000 | PA      | $536004.00     | 0.00%             | 2025-10-30      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SHELF DRILL HOLD LTD                                                             | Shelf Drilling Holdings Ltd                                                      | CUSIP: 000000000<br>LEI: 54930078ZJ3XP4MRYB68 | Long             | DBT              | CORP              | KY        |     626000 | PA      | $591532.44     | 0.00%             | 2025-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                              | CUSIP: 03027XAM2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     525000 | PA      | $490964.25     | 0.00%             | 2027-01-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                 | CUSIP: 026874DP9<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     770000 | PA      | $701701.00     | 0.00%             | 2050-06-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| INDIAN RAILWAY FINANCE                                                           | Indian Railway Finance Corp Ltd                                                  | CUSIP: 45434M2C5<br>LEI: 335800F2JHSOGXQEBY56 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $334380.00     | 0.00%             | 2031-02-10      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                                                               | Howard Hughes Corp/The                                                           | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     455000 | PA      | $392624.05     | 0.00%             | 2029-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABU8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1320000 | PA      | $1233302.40    | 0.01%             | 2026-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| MARTIN MARIETTA MATERIAL                                                         | Martin Marietta Materials Inc                                                    | CUSIP: 573284AX4<br>LEI: 5299005MZ4WZECVATV08 | Long             | DBT              | CORP              | US        |     285000 | PA      | $210133.35     | 0.00%             | 2051-07-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| OAKTREE SPECIALTY LEND                                                           | Oaktree Specialty Lending Corp                                                   | CUSIP: 67401PAB4<br>LEI: 549300J6MGCEU5928620 | Long             | DBT              | CORP              | US        |     547000 | PA      | $527800.30     | 0.00%             | 2025-02-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CICC HK FINANCE 2016 MTN                                                         | CICC Hong Kong Finance 2016 MTN Ltd                                              | CUSIP: 000000000<br>LEI: 529900N4NO8N9ILCZC31 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $191246.00     | 0.00%             | 2025-03-21      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| KIRBY CORPORATION                                                                | Kirby Corp                                                                       | CUSIP: 497266AC0<br>LEI: I7NO6FZO5GUCG585T325 | Long             | DBT              | CORP              | US        |     406000 | PA      | $381006.99     | 0.00%             | 2028-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Danone SA                                                                        | Danone SA                                                                        | CUSIP: 23636TAE0<br>LEI: 969500KMUQ2B6CBAF162 | Long             | DBT              | CORP              | FR        |     670000 | PA      | $634262.20     | 0.00%             | 2026-11-02      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC                                                         | Prudential Financial Inc                                                         | CUSIP: 74432QCJ2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     593000 | PA      | $471369.77     | 0.00%             | 2040-03-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                                                          | Metropolitan Life Global Funding I                                               | CUSIP: 59217GBY4<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     773000 | PA      | $736638.08     | 0.00%             | 2026-12-18      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd                                                            | Mineral Resources Ltd                                                            | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     740000 | PA      | $746164.20     | 0.00%             | 2027-05-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DF4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     700000 | PA      | $662032.00     | 0.00%             | 2026-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MASCO CORP                                                                       | Masco Corp                                                                       | CUSIP: 574599BR6<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | DBT              | CORP              | US        |     215000 | PA      | $146582.70     | 0.00%             | 2051-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                                                         | British Telecommunications PLC                                                   | CUSIP: 111021AN1<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |     652000 | PA      | $511683.08     | 0.00%             | 2049-11-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CX5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     380000 | PA      | $400159.00     | 0.00%             | 2032-11-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NORINCHUKIN BANK                                                                 | Norinchukin Bank/The                                                             | CUSIP: 656029AG0<br>LEI: 5493007VSMFZCPV1NB83 | Long             | DBT              | CORP              | JP        |    1195000 | PA      | $1059224.10    | 0.01%             | 2026-09-22      | Fixed         | 1.28%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2570000 | PA      | $2299815.90    | 0.01%             | 2027-10-21      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AM0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     460000 | PA      | $452902.20     | 0.00%             | 2026-05-12      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV                                                             | OI European Group BV                                                             | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |     235000 | PA      | $211166.30     | 0.00%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                                                          | Jersey Central Power & Light Co                                                  | CUSIP: 476556DB8<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |     135000 | PA      | $133870.05     | 0.00%             | 2024-04-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP                                                                   | TD SYNNEX Corp                                                                   | CUSIP: 87162WAH3<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |     710000 | PA      | $592949.40     | 0.00%             | 2028-08-09      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| EIDP INC                                                                         | EIDP Inc                                                                         | CUSIP: 263534CN7<br>LEI: GLU7INWNWH88J9XBXD45 | Long             | DBT              | CORP              | US        |     660000 | PA      | $616578.60     | 0.00%             | 2025-07-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| LG CHEM LTD                                                                      | LG Chem Ltd                                                                      | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $193508.00     | 0.00%             | 2024-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MFR0<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     903000 | PA      | $808058.58     | 0.00%             | 2050-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                            | CUSIP: 94106BAD3<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     365000 | PA      | $261617.40     | 0.00%             | 2052-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                         | CUSIP: 126408HU0<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     520000 | PA      | $505247.60     | 0.00%             | 2032-11-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCK0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1065000 | PA      | $1002079.80    | 0.00%             | 2025-06-23      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140MCA75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   17136667 | PA      | $14429125.45   | 0.07%             | 2052-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                                                           | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAG5<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |     260000 | PA      | $244251.80     | 0.00%             | 2026-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SOUTHERN NATURAL GAS                                                             | Southern Natural Gas Co LLC                                                      | CUSIP: 84346LAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     585000 | PA      | $504597.60     | 0.00%             | 2047-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBW9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    1355000 | PA      | $1181465.15    | 0.01%             | 2030-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                              | CUSIP: 03027XAD2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     538000 | PA      | $537967.72     | 0.00%             | 2024-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAQ5<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     575000 | PA      | $424292.50     | 0.00%             | 2032-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PARTNERRE FINANCE B LLC                                                          | PartnerRe Finance B LLC                                                          | CUSIP: 70213BAB7<br>LEI: 549300O0FAGHK2F79881 | Long             | DBT              | CORP              | US        |     524000 | PA      | $489002.04     | 0.00%             | 2029-07-02      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHINA OVERSEAS FIN KY VI                                                         | China Overseas Finance Cayman VI Ltd                                             | CUSIP: 000000000<br>LEI: 3003000GRJQBQQJ25K03 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $609318.00     | 0.00%             | 2034-06-11      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RS83<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      23931 | PA      | $22370.76      | 0.00%             | 2045-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TECHNIPFMC PLC                                                                   | TechnipFMC PLC                                                                   | CUSIP: 87854XAE1<br>LEI: 549300D5I93QWCJTCK36 | Long             | DBT              | CORP              | GB        |     134000 | PA      | $133167.86     | 0.00%             | 2026-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CP8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     503000 | PA      | $407585.93     | 0.00%             | 2035-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189TAZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     225000 | PA      | $257368.50     | 0.00%             | 2037-05-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                       | CUSIP: 444859BL5<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     245000 | PA      | $205035.60     | 0.00%             | 2049-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EUKN8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     531824 | PA      | $508047.85     | 0.00%             | 2046-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 03523TBT4<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |    1345000 | PA      | $1241233.25    | 0.01%             | 2048-10-06      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| NEVADA POWER CO                                                                  | Nevada Power Co                                                                  | CUSIP: 641423CD8<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |     660000 | PA      | $575685.00     | 0.00%             | 2030-05-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CORP                                                                   | Brunswick Corp/DE                                                                | CUSIP: 117043AU3<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |     385000 | PA      | $332139.50     | 0.00%             | 2032-09-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                                                               | Macquarie Bank Ltd                                                               | CUSIP: 556079AC5<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |     640000 | PA      | $548204.80     | 0.00%             | 2030-06-03      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                    | CUSIP: 059165EC0<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |      70000 | PA      | $78121.40      | 0.00%             | 2036-10-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0JZ3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     685000 | PA      | $666511.85     | 0.00%             | 2028-03-16      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEG6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2173000 | PA      | $2024540.64    | 0.01%             | 2025-10-21      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AN9<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     383000 | PA      | $380885.84     | 0.00%             | 2030-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L                                                         | New Enterprise Stone & Lime Co Inc                                               | CUSIP: 644274AH5<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |     370000 | PA      | $340522.10     | 0.00%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828XT2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   39250000 | PA      | $37925312.50   | 0.18%             | 2024-05-31      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EAP0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1765000 | PA      | $1757057.50    | 0.01%             | 2026-05-12      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                                                          | International Game Technology PLC                                                | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |     650000 | PA      | $623330.50     | 0.00%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sierra Pacific Power Co                                                          | Sierra Pacific Power Co                                                          | CUSIP: 826418BM6<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |     378000 | PA      | $356397.30     | 0.00%             | 2026-05-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp                                                            | General Dynamics Corp                                                            | CUSIP: 369550BC1<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     880000 | PA      | $856741.60     | 0.00%             | 2028-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EXPORT DEVELOPMNT CANADA                                                         | Export Development Canada                                                        | CUSIP: 30216BHH8<br>LEI: Z6MHCSLXHKYG4B6PHW02 | Long             | DBT              | NUSS              | CA        |    1695000 | PA      | $1659489.75    | 0.01%             | 2024-02-21      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BF2<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    2305000 | PA      | $2145470.95    | 0.01%             | 2037-08-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                                       | AbbVie Inc                                                                       | CUSIP: 00287YDA4<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     635000 | PA      | $617708.95     | 0.00%             | 2044-06-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                                            | American Homes 4 Rent LP                                                         | CUSIP: 02666TAD9<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |     185000 | PA      | $127537.15     | 0.00%             | 2051-07-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GENERAL DYNAMICS CORP                                                            | General Dynamics Corp                                                            | CUSIP: 369550BJ6<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     345000 | PA      | $330037.35     | 0.00%             | 2050-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RAS1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     495000 | PA      | $552707.10     | 0.00%             | 2039-02-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| INTEGRIS BAPTIST MEDICAL                                                         | Integris Baptist Medical Center Inc                                              | CUSIP: 45834QAA7<br>LEI: 549300S00ZKDLJSB3927 | Long             | DBT              | CORP              | US        |     440000 | PA      | $338338.00     | 0.00%             | 2050-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225433AC5<br>LEI: 549300PXR5FKNXF0OH19 | Long             | DBT              | CORP              | CH        |    2282000 | PA      | $2148913.76    | 0.01%             | 2025-03-26      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BN6G4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3000000 | PA      | $2898788.79    | 0.01%             | 2025-12-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAK8<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     755000 | PA      | $646710.35     | 0.00%             | 2030-12-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136BKX80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9890000 | PA      | $8113825.03    | 0.04%             | 2031-10-25      | Variable      | 1.67%                 | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                                          | America Movil SAB de CV                                                          | CUSIP: 02364WAP0<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |     642000 | PA      | $705525.90     | 0.00%             | 2037-11-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEV3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     500000 | PA      | $528485.00     | 0.00%             | 2028-10-18      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     373000 | PA      | $360247.13     | 0.00%             | 2044-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    1800000 | PA      | $1516914.00    | 0.01%             | 2030-10-21      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                                                         | Anheuser-Busch InBev Worldwide Inc                                               | CUSIP: 03523TBJ6<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |     603000 | PA      | $773142.48     | 0.00%             | 2039-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                                                              | LSEGA Financing PLC                                                              | CUSIP: 50220PAA1<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |    1128000 | PA      | $1068802.56    | 0.01%             | 2024-04-06      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |    3600000 | PA      | $3250224.00    | 0.02%             | 2030-05-13      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523CN8<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     715000 | PA      | $681745.35     | 0.00%             | 2024-03-15      | Fixed         | 0.61%                 | No            |                  2 | On Loan: No      |
| MDC Holdings Inc                                                                 | MDC Holdings Inc                                                                 | CUSIP: 552676AQ1<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |     445000 | PA      | $394688.30     | 0.00%             | 2043-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                                                         | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op  | CUSIP: 150190AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     345000 | PA      | $333849.60     | 0.00%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                       | CUSIP: 444859BK7<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     248000 | PA      | $223668.72     | 0.00%             | 2029-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 94973VBF3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     410000 | PA      | $412209.90     | 0.00%             | 2044-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT                                                          | Wisconsin Power and Light Co                                                     | CUSIP: 976826BM8<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |      52000 | PA      | $47354.84      | 0.00%             | 2029-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                                                            | Argentina Bonar Bonds                                                            | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    8740000 | PA      | $2612910.40    | 0.01%             | 2035-07-09      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YBA6<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     545000 | PA      | $471637.55     | 0.00%             | 2030-09-13      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2S5<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     225000 | PA      | $217057.50     | 0.00%             | 2024-01-10      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| PACKAGING CORP OF AMERIC                                                         | Packaging Corp of America                                                        | CUSIP: 695156AW9<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | DBT              | CORP              | US        |     300000 | PA      | $210372.00     | 0.00%             | 2051-10-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| STATE BANK INDIA/LONDON                                                          | State Bank of India/London                                                       | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $199172.00     | 0.00%             | 2024-04-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PTTEP TREASURY CENTER CO                                                         | PTTEP Treasury Center Co Ltd                                                     | CUSIP: 000000000<br>LEI: 2549006WFOUPZX6TZG08 | Long             | DBT              | CORP              | TH        |     200000 | PA      | $177816.00     | 0.00%             | 2030-01-15      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                       | CUSIP: 609207AW5<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |     368000 | PA      | $252392.80     | 0.00%             | 2050-09-04      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| EMPRESAS PUBLIC MEDELLIN                                                         | Empresas Publicas de Medellin ESP                                                | CUSIP: 000000000<br>LEI: 549300SU25TO8EMXB434 | Long             | DBT              | CORP              | CO        |     600000 | PA      | $493086.00     | 0.00%             | 2029-07-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAW8<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     700000 | PA      | $683977.00     | 0.00%             | 2027-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAT9<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    2625000 | PA      | $2464901.25    | 0.01%             | 2027-12-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BG9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     812000 | PA      | $657882.40     | 0.00%             | 2031-03-11      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc                                                                  | Xcel Energy Inc                                                                  | CUSIP: 98389BAV2<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |     255000 | PA      | $249055.95     | 0.00%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TEZ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     467665 | PA      | $449882.88     | 0.00%             | 2047-08-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corp                                                             | Southern Copper Corp                                                             | CUSIP: 84265VAH8<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |     673000 | PA      | $655340.48     | 0.00%             | 2025-04-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DU8<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     668000 | PA      | $660324.68     | 0.00%             | 2030-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599DR3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     250000 | PA      | $262137.50     | 0.00%             | 2028-05-15      | Fixed         | 7.15%                 | No            |                  2 | On Loan: —       |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RKG6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    1611000 | PA      | $1413346.41    | 0.01%             | 2028-02-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAR6<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |     595000 | PA      | $528943.10     | 0.00%             | 2028-01-11      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| Massachusetts Water Resources Authority                                          | MASSACHUSETTS ST WTR RESOURCES AUTH                                              | CUSIP: 576051ZT6<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |     130000 | PA      | $101453.43     | 0.00%             | 2041-08-01      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| Eni SpA                                                                          | Eni SpA                                                                          | CUSIP: 26874RAJ7<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |     455000 | PA      | $433910.75     | 0.00%             | 2029-05-09      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MEGLOBAL CANADA ULC                                                              | MEGlobal Canada ULC                                                              | CUSIP: 000000000<br>LEI: 635400MHHHT7LMKMQL03 | Long             | DBT              | CORP              | CA        |     600000 | PA      | $622230.00     | 0.00%             | 2030-05-18      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833BG4<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1445000 | PA      | $1411143.65    | 0.01%             | 2025-05-13      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EH9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |     725000 | PA      | $629640.75     | 0.00%             | 2028-08-05      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                                             | WR Grace Holdings LLC                                                            | CUSIP: 92943GAC5<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |     215000 | PA      | $213905.65     | 0.00%             | 2024-10-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216DP2<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |    1370000 | PA      | $1185447.30    | 0.01%             | 2032-01-05      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MODIVCARE ESCROW ISSUER                                                          | ModivCare Escrow Issuer Inc                                                      | CUSIP: 60783XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     370000 | PA      | $321544.80     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023BR5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     852000 | PA      | $781658.88     | 0.00%             | 2026-06-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YET8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     770000 | PA      | $763747.60     | 0.00%             | 2026-07-17      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 69370RAC1<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $417188.00     | 0.00%             | 2048-11-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                     | GS Mortgage Securities Trust 2014-GC24                                           | CUSIP: 36253GAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3679431 | PA      | $3577484.92    | 0.02%             | 2047-09-10      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP                                                          | Penske Automotive Group Inc                                                      | CUSIP: 70959WAK9<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |     300000 | PA      | $254868.00     | 0.00%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FIRST AMERICAN FINANCIAL                                                         | First American Financial Corp                                                    | CUSIP: 31847RAH5<br>LEI: 549300B6VEZK3N0A1P55 | Long             | DBT              | CORP              | US        |     110000 | PA      | $85596.50      | 0.00%             | 2031-08-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| QATAR ENERGY                                                                     | QatarEnergy                                                                      | CUSIP: 000000000<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |    2800000 | PA      | $2145024.00    | 0.01%             | 2051-07-12      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CITIC                                                                            | CITIC Ltd                                                                        | CUSIP: 000000000<br>LEI: 2549006I3Q3M98KHOT11 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $387256.00     | 0.00%             | 2028-01-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBY1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     225000 | PA      | $213948.00     | 0.00%             | 2025-02-16      | Fixed         | 0.56%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810FA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3400000 | PA      | $3772671.89    | 0.02%             | 2027-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CNAC HK Finbridge Co Ltd                                                         | CNAC HK Finbridge Co Ltd                                                         | CUSIP: 000000000<br>LEI: 549300US1UQ7R7WABI28 | Long             | DBT              | CORP              | HK        |    1150000 | PA      | $1141375.00    | 0.01%             | 2028-03-14      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HACKENSACK MERIDIAN HLTH                                                         | Hackensack Meridian Health Inc                                                   | CUSIP: 404530AA5<br>LEI: 5493001CB3OCWTEJY668 | Long             | DBT              | CORP              | US        |     345000 | PA      | $318886.95     | 0.00%             | 2057-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW ENGLAND POWER CO                                                             | New England Power Co                                                             | CUSIP: 644188BF0<br>LEI: 549300DTVRGN9GYD5U85 | Long             | DBT              | CORP              | US        |    1268000 | PA      | $1034561.20    | 0.00%             | 2047-12-05      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WBU3<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    1007000 | PA      | $836313.50     | 0.00%             | 2050-09-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1200000 | PA      | $918432.00     | 0.00%             | 2032-05-29      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| AVNET INC                                                                        | Avnet Inc                                                                        | CUSIP: 053807AV5<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |     160000 | PA      | $157524.80     | 0.00%             | 2032-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                                                          | Alcoa Nederland Holding BV                                                       | CUSIP: 013822AC5<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |     372000 | PA      | $372721.68     | 0.00%             | 2028-05-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CX5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1840000 | PA      | $1650351.20    | 0.01%             | 2027-11-22      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  129050000 | PA      | $121614501.63  | 0.58%             | 2025-01-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650CU2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    1231000 | PA      | $1164759.89    | 0.01%             | 2026-06-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   38500000 | PA      | $33425820.51   | 0.16%             | 2027-11-30      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAU1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     680000 | PA      | $590879.20     | 0.00%             | 2028-07-14      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CHICAGO                                                            | University of Chicago/The                                                        | CUSIP: 91412NBC3<br>LEI: 54930099Y7GU6182V326 | Long             | DBT              | CORP              | US        |     555000 | PA      | $491996.40     | 0.00%             | 2053-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                        | CUSIP: 682680AZ6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     360000 | PA      | $292575.60     | 0.00%             | 2049-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                                                              | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     330000 | PA      | $319651.20     | 0.00%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DJ3<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     570000 | PA      | $459123.60     | 0.00%             | 2050-07-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Pernod Ricard SA                                                                 | Pernod Ricard SA                                                                 | CUSIP: 714264AK4<br>LEI: 52990097YFPX9J0H5D87 | Long             | DBT              | CORP              | FR        |     240000 | PA      | $249871.20     | 0.00%             | 2042-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09261BAH3<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     200000 | PA      | $135546.00     | 0.00%             | 2052-01-30      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                | CUSIP: 37045VAT7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     530000 | PA      | $508466.10     | 0.00%             | 2049-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FPDG1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3762 | PA      | $3691.51       | 0.00%             | 2047-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SINO OCEAN LND TRS FIN I                                                         | Sino-Ocean Land Treasure Finance I Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     200000 | PA      | $173280.00     | 0.00%             | 2024-07-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                   | CUSIP: 958254AL8<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     260000 | PA      | $225864.60     | 0.00%             | 2048-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                             | CUSIP: 87612GAC5<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     600000 | PA      | $625872.00     | 0.00%             | 2033-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                | CUSIP: 020002AS0<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     192000 | PA      | $205614.72     | 0.00%             | 2035-05-09      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Republic of Sri Lanka                                                            | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |     824000 | PA      | $279574.96     | 0.00%             | 2029-03-14      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                                                            | ON Semiconductor Corp                                                            | CUSIP: 682189AQ8<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |     440000 | PA      | $401218.40     | 0.00%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CSL Finance PLC                                                                  | CSL Finance PLC                                                                  | CUSIP: 12661PAF6<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $194222.00     | 0.00%             | 2062-04-27      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| NRW.BANK                                                                         | NRW Bank                                                                         | CUSIP: 000000000<br>LEI: 52990002O5KK6XOGJ020 | Long             | DBT              | CORP              | DE        |     315000 | PA      | $289888.20     | 0.00%             | 2025-05-19      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                                         | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    2040000 | PA      | $1735856.40    | 0.01%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     447000 | PA      | $438873.54     | 0.00%             | 2024-09-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MASS MUTUAL LIFE INS CO                                                          | Massachusetts Mutual Life Insurance Co                                           | CUSIP: 575767AR9<br>LEI: R6ZXK5P01NP6HXSY1S07 | Long             | DBT              | CORP              | US        |     625000 | PA      | $417487.50     | 0.00%             | 2061-12-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Invesco Finance PLC                                                              | Invesco Finance PLC                                                              | CUSIP: 46132FAC4<br>LEI: 549300OYQ3LAJYXXO449 | Long             | DBT              | CORP              | GB        |     315000 | PA      | $311727.15     | 0.00%             | 2043-11-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J7R23<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     612169 | PA      | $593078.48     | 0.00%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEWS CORP                                                                        | News Corp                                                                        | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |     690000 | PA      | $618157.20     | 0.00%             | 2029-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | Ally Financial Inc                                                               | CUSIP: 02005NBQ2<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     575000 | PA      | $557071.50     | 0.00%             | 2027-06-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FP3<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |      65000 | PA      | $63127.35      | 0.00%             | 2028-05-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJN38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     108718 | PA      | $102488.31     | 0.00%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EMPRESA NACIONAL DEL PET                                                         | Empresa Nacional del Petroleo                                                    | CUSIP: 000000000<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $584904.00     | 0.00%             | 2029-11-06      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     800000 | PA      | $303848.00     | 0.00%             | 2027-02-11      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Kellogg Co                                                                       | Kellogg Co                                                                       | CUSIP: 487836BW7<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |     335000 | PA      | $334115.60     | 0.00%             | 2028-05-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QU5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5850000 | PA      | $5343609.38    | 0.03%             | 2042-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FWHT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7091000 | PA      | $5884785.94    | 0.03%             | 2030-07-25      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1210000 | PA      | $1089169.40    | 0.01%             | 2026-12-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FH5<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     215000 | PA      | $188331.40     | 0.00%             | 2042-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081EU3<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     250000 | PA      | $232080.00     | 0.00%             | 2039-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SHINHAN BANK                                                                     | Shinhan Bank Co Ltd                                                              | CUSIP: 82460EAQ3<br>LEI: 5493003P813VL21KG928 | Long             | DBT              | CORP              | KR        |     600000 | PA      | $528210.00     | 0.00%             | 2026-10-21      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RBK7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     520000 | PA      | $454901.20     | 0.00%             | 2045-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     800000 | PA      | $709072.00     | 0.00%             | 2032-02-03      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BN4<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     110000 | PA      | $105135.80     | 0.00%             | 2024-03-18      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                                                      | Apache Corp                                                                      | CUSIP: 037411BC8<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     206000 | PA      | $152264.90     | 0.00%             | 2044-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FUNDING LLC                                                           | NXP BV / NXP Funding LLC                                                         | CUSIP: 62947QBA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     370000 | PA      | $369178.60     | 0.00%             | 2024-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WESTLAKE CORP                                                                    | Westlake Corp                                                                    | CUSIP: 960413AT9<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | DBT              | CORP              | US        |     786000 | PA      | $750905.10     | 0.00%             | 2026-08-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3617A1GG3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     164422 | PA      | $159173.83     | 0.00%             | 2045-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Suzano Austria GmbH                                                              | Suzano Austria GmbH                                                              | CUSIP: 000000000<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     400000 | PA      | $404720.00     | 0.00%             | 2026-07-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                | CUSIP: 3622A25T5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1451771 | PA      | $1394603.97    | 0.01%             | 2047-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                                                      | Viatris Inc                                                                      | CUSIP: 92556VAF3<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |    1154000 | PA      | $800102.82     | 0.00%             | 2050-06-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                               | CUSIP: 04686JAD3<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | BM        |     420000 | PA      | $308179.20     | 0.00%             | 2051-05-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                              | CUSIP: 025816CQ0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     310000 | PA      | $295039.40     | 0.00%             | 2025-03-04      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON FINL SER                                                         | Harley-Davidson Financial Services Inc                                           | CUSIP: 41283LAY1<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | DBT              | CORP              | US        |    1297000 | PA      | $1231618.23    | 0.01%             | 2025-06-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PARK RIVER HOLDINGS INC                                                          | Park River Holdings Inc                                                          | CUSIP: 70082LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     295000 | PA      | $205488.15     | 0.00%             | 2029-02-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                                                         | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp               | CUSIP: 226373AQ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     430000 | PA      | $411256.30     | 0.00%             | 2027-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EQ9<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1140000 | PA      | $1023526.20    | 0.00%             | 2052-08-08      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDG                                                            | Intelsat Jackson Holdings SA                                                     | CUSIP: 45824TBC8<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |    2075000 | PA      | $1883021.00    | 0.01%             | 2030-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DQ7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    1138000 | PA      | $957535.96     | 0.00%             | 2047-05-03      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     115000 | PA      | $108791.15     | 0.00%             | 2042-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 75513ECJ8<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     345000 | PA      | $336412.95     | 0.00%             | 2043-12-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EDP FINANCE BV                                                                   | EDP Finance BV                                                                   | CUSIP: 26835PAH3<br>LEI: 5299007L43AQDFOW5739 | Long             | DBT              | CORP              | NL        |     410000 | PA      | $351972.70     | 0.00%             | 2028-01-24      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                                         | Equitable Financial Life Global Funding                                          | CUSIP: 29449WAB3<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     155000 | PA      | $132684.65     | 0.00%             | 2027-08-27      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | Freeport-McMoRan Inc                                                             | CUSIP: 35671DCH6<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     535000 | PA      | $513926.35     | 0.00%             | 2030-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMZD0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7010755 | PA      | $5915106.56    | 0.03%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CMB INTERNATIONAL LEASIN                                                         | CMB International Leasing Management Ltd                                         | CUSIP: 000000000<br>LEI: 5493003RO1EBM4E5IG13 | Long             | DBT              | CORP              | HK        |     800000 | PA      | $731968.00     | 0.00%             | 2025-08-12      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FW4<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     212000 | PA      | $186034.24     | 0.00%             | 2032-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                                               | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    1228000 | PA      | $266476.00     | 0.00%             | 2028-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2K8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2014000 | PA      | $1900289.56    | 0.01%             | 2026-02-11      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA INC                                                               | Murphy Oil USA Inc                                                               | CUSIP: 626738AE8<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |     355000 | PA      | $325311.35     | 0.00%             | 2029-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                                                           | Daimler Truck Finance North America LLC                                          | CUSIP: 233853AQ3<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1009510.00    | 0.00%             | 2028-01-19      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HERSHEY COMPANY                                                                  | Hershey Co/The                                                                   | CUSIP: 427866BC1<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | DBT              | CORP              | US        |     505000 | PA      | $484214.20     | 0.00%             | 2024-11-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                                                 | NTT Finance Corp                                                                 | CUSIP: 62954WAE5<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    1275000 | PA      | $1066065.75    | 0.01%             | 2031-04-03      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| Heineken NV                                                                      | Heineken NV                                                                      | CUSIP: 423012AF0<br>LEI: 724500K5PTPSST86UQ23 | Long             | DBT              | CORP              | NL        |    1395000 | PA      | $1346746.95    | 0.01%             | 2028-01-29      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DH8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     350000 | PA      | $343409.50     | 0.00%             | 2044-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JQ0<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |     235000 | PA      | $213828.85     | 0.00%             | 2027-03-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    3850000 | PA      | $2674826.00    | 0.01%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CABLEVISION LIGHTPATH                                                            | Cablevision Lightpath LLC                                                        | CUSIP: 12687GAB5<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |     250000 | PA      | $191622.50     | 0.00%             | 2028-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128283F5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   40730000 | PA      | $38279835.94   | 0.18%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YAA7<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     730000 | PA      | $712611.40     | 0.00%             | 2025-10-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| TELEFONICA EMISIONES SAU                                                         | Telefonica Emisiones SA                                                          | CUSIP: 87938WAX1<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |     956000 | PA      | $872933.16     | 0.00%             | 2049-03-01      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RBK7<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     465000 | PA      | $343704.75     | 0.00%             | 2043-01-21      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                          | GA Global Funding Trust                                                          | CUSIP: 36143L2D6<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |     150000 | PA      | $127698.00     | 0.00%             | 2028-09-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| ENI USA INC                                                                      | Eni USA Inc                                                                      | CUSIP: 51808BAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     473000 | PA      | $519841.19     | 0.00%             | 2027-11-15      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                                                              | Macquarie Group Ltd                                                              | CUSIP: 55607PAG0<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     395000 | PA      | $318713.65     | 0.00%             | 2032-06-23      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BX3<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     739000 | PA      | $731942.55     | 0.00%             | 2025-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MIDWEST GMNG BOR/MWG FIN                                                         | Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp                        | CUSIP: 59833DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     500000 | PA      | $442095.00     | 0.00%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TAM7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      60387 | PA      | $60729.27      | 0.00%             | 2047-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EAT2<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     170000 | PA      | $162270.10     | 0.00%             | 2027-04-06      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC                                                         | Elanco Animal Health Inc                                                         | CUSIP: 28414HAG8<br>LEI: 549300SHPNDCE059M934 | Long             | DBT              | CORP              | US        |     632000 | PA      | $620857.84     | 0.00%             | 2028-08-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272AT5<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     950000 | PA      | $938315.00     | 0.00%             | 2024-03-12      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Trinity Industries Inc                                                           | Trinity Industries Inc                                                           | CUSIP: 896522AH2<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | DBT              | CORP              | US        |     295000 | PA      | $285206.00     | 0.00%             | 2024-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WHVR3<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       8738 | PA      | $8355.93       | 0.00%             | 2046-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Listrik Negara PT                                                     | CUSIP: 71568QAM9<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $155950.00     | 0.00%             | 2050-02-05      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| Equinor ASA                                                                      | Equinor ASA                                                                      | CUSIP: 85771PAL6<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     611000 | PA      | $546692.25     | 0.00%             | 2043-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS                                                                 | Buckeye Partners LP                                                              | CUSIP: 118230AC5<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     160000 | PA      | $147208.00     | 0.00%             | 2033-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BH6<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     487000 | PA      | $457653.38     | 0.00%             | 2025-03-12      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| SIMPAR EUROPE SA                                                                 | Simpar Europe SA                                                                 | CUSIP: 000000000<br>LEI: 54930068BSUST41D5C30 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $292500.00     | 0.00%             | 2031-01-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: —       |
| Textron Inc                                                                      | Textron Inc                                                                      | CUSIP: 883203BV2<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |     355000 | PA      | $347253.90     | 0.00%             | 2025-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                            | CUSIP: 666807BM3<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    1436000 | PA      | $1390708.56    | 0.01%             | 2025-01-15      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                              | CUSIP: 30161MAN3<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |     600000 | PA      | $607914.00     | 0.00%             | 2042-06-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2021-B29 Mortgage Trust                                                | CUSIP: 08163JAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6660000 | PA      | $5594115.82    | 0.03%             | 2054-09-15      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Republic of Paraguay                                                             | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     400000 | PA      | $396784.00     | 0.00%             | 2027-03-27      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAP1<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |     800000 | PA      | $714840.00     | 0.00%             | 2030-06-23      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 59023VAA8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1300000 | PA      | $1625312.00    | 0.01%             | 2038-05-14      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                                                | Atmos Energy Corp                                                                | CUSIP: 049560AM7<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     488000 | PA      | $429196.00     | 0.00%             | 2044-10-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BV0<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     580000 | PA      | $602353.20     | 0.00%             | 2027-11-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CRH America Finance Inc                                                          | CRH America Finance Inc                                                          | CUSIP: 12636YAC6<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |    1350000 | PA      | $1300198.50    | 0.01%             | 2028-04-04      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829AJ6<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     235000 | PA      | $240010.20     | 0.00%             | 2035-09-21      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QBE1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     450000 | PA      | $287955.00     | 0.00%             | 2044-06-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128285T3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   18100000 | PA      | $17500437.50   | 0.08%             | 2025-12-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2U0<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     730000 | PA      | $669833.40     | 0.00%             | 2027-01-08      | Fixed         | 1.70%                 | No            |                  2 | On Loan: —       |
| PARKER-HANNIFIN CORP                                                             | Parker-Hannifin Corp                                                             | CUSIP: 701094AS3<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     815000 | PA      | $809898.10     | 0.00%             | 2029-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HOSPITAL/PHIL                                                         | Children's Hospital of Philadelphia/The                                          | CUSIP: 16877PAA8<br>LEI: 254900N2KNSY5WTR1Q61 | Long             | DBT              | CORP              | US        |     195000 | PA      | $132163.20     | 0.00%             | 2050-07-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172BD0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     633000 | PA      | $584898.33     | 0.00%             | 2043-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| McKesson Corp                                                                    | McKesson Corp                                                                    | CUSIP: 581557BJ3<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |     830000 | PA      | $801539.30     | 0.00%             | 2028-02-16      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                                                     | Linde Inc/CT                                                                     | CUSIP: 74005PBQ6<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |     199000 | PA      | $194631.95     | 0.00%             | 2026-01-30      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828Y87<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    7980000 | PA      | $7663293.75    | 0.04%             | 2024-07-31      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36183FLQ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      63478 | PA      | $61484.51      | 0.00%             | 2044-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CDBL FUNDING TWO                                                                 | CDBL Funding 2                                                                   | CUSIP: 000000000<br>LEI: 549300VM1W749R7UDT24 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $190520.00     | 0.00%             | 2025-03-02      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UAV1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     350000 | PA      | $375112.50     | 0.00%             | 2035-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179Q3J8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     606989 | PA      | $587924.77     | 0.00%             | 2045-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCS7<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     270000 | PA      | $285643.80     | 0.00%             | 2033-01-13      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| AP MOLLER-MAERSK A/S                                                             | AP Moller - Maersk A/S                                                           | CUSIP: 00203QAD9<br>LEI: 549300D2K6PKKKXVNN73 | Long             | DBT              | CORP              | DK        |     975000 | PA      | $950166.75     | 0.00%             | 2025-09-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                            | CUSIP: 760759AU4<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    1240000 | PA      | $1196513.20    | 0.01%             | 2024-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBU3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     435000 | PA      | $376583.85     | 0.00%             | 2029-09-27      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| EIG PEARL HOLDINGS SARL                                                          | EIG Pearl Holdings Sarl                                                          | CUSIP: 000000000<br>LEI: 549300KIMRL45BWA5H76 | Long             | DBT              | CORP              | LU        |     865000 | PA      | $687363.60     | 0.00%             | 2046-11-30      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140H1WA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     206573 | PA      | $210977.30     | 0.00%             | 2048-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    1230000 | PA      | $1199139.30    | 0.01%             | 2024-02-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DT1<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    1128000 | PA      | $1111903.44    | 0.01%             | 2025-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QML69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9422631 | PA      | $7950167.38    | 0.04%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PET5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     840000 | PA      | $982497.60     | 0.00%             | 2063-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FD5<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     385000 | PA      | $336798.00     | 0.00%             | 2039-08-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162BC3<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     195000 | PA      | $204009.00     | 0.00%             | 2040-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50076QAR7<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     460000 | PA      | $523774.40     | 0.00%             | 2039-01-26      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Nokia OYJ                                                                        | Nokia Oyj                                                                        | CUSIP: 654902AE5<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |     416000 | PA      | $400741.12     | 0.00%             | 2027-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| AMERICAN AXLE & MFG INC                                                          | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBB5<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     345000 | PA      | $284625.00     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| FirstEnergy Corp                                                                 | FirstEnergy Corp                                                                 | CUSIP: 337932AJ6<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     479000 | PA      | $441839.18     | 0.00%             | 2047-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BR8<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     555000 | PA      | $523387.20     | 0.00%             | 2047-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058JC8<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    1948000 | PA      | $1600944.32    | 0.01%             | 2030-05-14      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     800000 | PA      | $294936.00     | 0.00%             | 2032-03-26      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810FG8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1700000 | PA      | $1845164.07    | 0.01%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JT8<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     385000 | PA      | $287017.50     | 0.00%             | 2051-03-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AmerisourceBergen Corp                                                           | AmerisourceBergen Corp                                                           | CUSIP: 03073EAP0<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |     769000 | PA      | $734848.71     | 0.00%             | 2027-12-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                                                               | Alcon Finance Corp                                                               | CUSIP: 01400EAD5<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |     380000 | PA      | $331713.40     | 0.00%             | 2030-05-27      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                                                        | WRKCo Inc                                                                        | CUSIP: 92940PAE4<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     575000 | PA      | $547457.50     | 0.00%             | 2028-06-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558BD4<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    1401000 | PA      | $1360118.82    | 0.01%             | 2046-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EATON CORP                                                                       | Eaton Corp                                                                       | CUSIP: 278062AJ3<br>LEI: 0NZWDMRCE180888QQE14 | Long             | DBT              | CORP              | US        |     415000 | PA      | $404160.20     | 0.00%             | 2052-08-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                                                               | Macquarie Bank Ltd                                                               | CUSIP: 556079AD3<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |    1427000 | PA      | $1110206.00    | 0.01%             | 2036-03-03      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GXH2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1281000 | PA      | $1203256.11    | 0.01%             | 2030-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| HONG KONG                                                                        | Hong Kong Government International Bond                                          | CUSIP: 43858AAE0<br>LEI: 549300DSMAD69T7GGN13 | Long             | DBT              | NUSS              | HK        |     400000 | PA      | $271952.00     | 0.00%             | 2051-02-02      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VGG3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1153000 | PA      | $1050152.40    | 0.01%             | 2026-03-20      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP                                                            | Bank of Ireland Group PLC                                                        | CUSIP: 06279JAC3<br>LEI: 635400C8EK6DRI12LJ39 | Long             | DBT              | CORP              | IE        |     860000 | PA      | $871919.60     | 0.00%             | 2026-09-16      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ALLEGION PLC                                                                     | Allegion PLC                                                                     | CUSIP: 01748TAB7<br>LEI: 984500560CAC2E6FB757 | Long             | DBT              | CORP              | IE        |     350000 | PA      | $314968.50     | 0.00%             | 2029-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                                                         | SeaWorld Parks & Entertainment Inc                                               | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |     465000 | PA      | $422099.10     | 0.00%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| PETROBRAS GLOBAL FINANCE                                                         | Petrobras Global Finance BV                                                      | CUSIP: 71647NAY5<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     615000 | PA      | $616826.55     | 0.00%             | 2028-01-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ASGN INCORPORATED                                                                | ASGN Inc                                                                         | CUSIP: 00191UAA0<br>LEI: LZBNYYCBUKY537072438 | Long             | DBT              | CORP              | US        |     340000 | PA      | $311096.60     | 0.00%             | 2028-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| WRKCo Inc                                                                        | WRKCo Inc                                                                        | CUSIP: 96145DAD7<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     125000 | PA      | $117225.00     | 0.00%             | 2027-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335CEA8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     511197 | PA      | $488688.32     | 0.00%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AR2<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     160000 | PA      | $122608.00     | 0.00%             | 2040-11-15      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp                                                           | Boston Scientific Corp                                                           | CUSIP: 101137AS6<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9919.30       | 0.00%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dupont De Nemours Inc                                                            | DuPont de Nemours Inc                                                            | CUSIP: 26078JAE0<br>LEI: 5493004JF0SDFLM8GD76 | Long             | DBT              | CORP              | US        |    1581000 | PA      | $1635054.39    | 0.01%             | 2038-11-15      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315BA0<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     245000 | PA      | $206757.95     | 0.00%             | 2052-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BH1<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     677000 | PA      | $665612.86     | 0.00%             | 2026-01-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638AU6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     600000 | PA      | $651390.00     | 0.00%             | 2037-03-14      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| RR DONNELLEY & SONS CO                                                           | RR Donnelley & Sons Co                                                           | CUSIP: 257867BC4<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |     150000 | PA      | $168000.00     | 0.00%             | 2029-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| EVEREST REINSURANCE HLDG                                                         | Everest Reinsurance Holdings Inc                                                 | CUSIP: 299808AH8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     245000 | PA      | $182591.15     | 0.00%             | 2050-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GR8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     431000 | PA      | $409687.05     | 0.00%             | 2049-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBK5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    1085000 | PA      | $714407.40     | 0.00%             | 2051-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | Rio Tinto Finance USA PLC                                                        | CUSIP: 76720AAG1<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |     501000 | PA      | $462468.09     | 0.00%             | 2042-08-21      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA                                                           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HAV0<br>LEI: 724500RKKW4NOJ9YQF60 | Long             | DBT              | CORP              | XX        |     928000 | PA      | $891789.44     | 0.00%             | 2029-06-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SLU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       8502 | PA      | $8690.75       | 0.00%             | 2046-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3622AABZ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     158229 | PA      | $159131.13     | 0.00%             | 2048-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KEHE DISTRIBUTORS LLC/FI                                                         | KeHE Distributors LLC / KeHE Finance Corp                                        | CUSIP: 487526AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      81000 | PA      | $81218.70      | 0.00%             | 2026-10-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAM2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2233000 | PA      | $1877595.72    | 0.01%             | 2031-05-24      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| WW INTERNATIONAL INC                                                             | WW International Inc                                                             | CUSIP: 98262PAA9<br>LEI: SGT8R1MU6ESIC7UJC518 | Long             | DBT              | CORP              | US        |     345000 | PA      | $185178.75     | 0.00%             | 2029-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| SCHLUMBERGER HLDGS CORP                                                          | Schlumberger Holdings Corp                                                       | CUSIP: 806851AK7<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |     792000 | PA      | $758799.36     | 0.00%             | 2028-05-17      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                                          | Nationwide Building Society                                                      | CUSIP: 63859WAF6<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     489000 | PA      | $444877.53     | 0.00%             | 2032-10-18      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                                           | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AH7<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |     476000 | PA      | $468936.16     | 0.00%             | 2024-05-20      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ABJA INVESTMENT CO                                                               | ABJA Investment Co Pte Ltd                                                       | CUSIP: 000000000<br>LEI: 254900E6OE5YJ9WCCU19 | Long             | DBT              | CORP              | SG        |     800000 | PA      | $780640.00     | 0.00%             | 2028-01-24      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CHINA CONSTRUCTION BANK                                                          | China Construction Bank Corp                                                     | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | DBT              | CORP              | CN        |    1200000 | PA      | $1136916.00    | 0.01%             | 2032-01-21      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                                           | Protective Life Global Funding                                                   | CUSIP: 74368CBF0<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    1235000 | PA      | $1161529.85    | 0.01%             | 2024-07-05      | Fixed         | 0.78%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAF4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     799000 | PA      | $762102.18     | 0.00%             | 2028-01-29      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| LABL INC                                                                         | LABL Inc                                                                         | CUSIP: 50168AAB6<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |     490000 | PA      | $474883.50     | 0.00%             | 2026-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp                                                               | Realty Income Corp                                                               | CUSIP: 756109AV6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     215000 | PA      | $211003.15     | 0.00%             | 2025-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EMIRATES DEVELOPMENT BAN                                                         | Emirates Development Bank PJSC                                                   | CUSIP: 000000000<br>LEI: 5493002OSL5GLN4HID57 | Long             | DBT              | CORP              | AE        |     400000 | PA      | $392648.00     | 0.00%             | 2024-03-06      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                             | Niagara Mohawk Power Corp                                                        | CUSIP: 65364UAN6<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |     288000 | PA      | $236292.48     | 0.00%             | 2030-06-27      | Fixed         | 1.96%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EB0<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     405000 | PA      | $360676.80     | 0.00%             | 2035-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RAK8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     660000 | PA      | $630808.20     | 0.00%             | 2027-01-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                                                        | GATX Corp                                                                        | CUSIP: 361448AW3<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     120000 | PA      | $115333.20     | 0.00%             | 2025-03-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                        | CUSIP: 59523UAT4<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |     365000 | PA      | $322886.30     | 0.00%             | 2026-09-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Ahold Finance USA LLC                                                            | Ahold Finance USA LLC                                                            | CUSIP: 008685AB5<br>LEI: 549300XB4647UBM7K822 | Long             | DBT              | CORP              | US        |     332000 | PA      | $353775.88     | 0.00%             | 2029-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NFP CORP                                                                         | NFP Corp                                                                         | CUSIP: 65342RAF7<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |     230000 | PA      | $219495.90     | 0.00%             | 2030-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                             | CUSIP: 281020AW7<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     170000 | PA      | $184535.00     | 0.00%             | 2029-11-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAX9<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     570000 | PA      | $568250.10     | 0.00%             | 2033-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                             | Westpac Banking Corp                                                             | CUSIP: 961214DF7<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     420000 | PA      | $403078.20     | 0.00%             | 2031-11-23      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| ACCO BRANDS CORP                                                                 | ACCO Brands Corp                                                                 | CUSIP: 00081TAK4<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | DBT              | CORP              | US        |     410000 | PA      | $354662.30     | 0.00%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                                                                | Republic of Kenya Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     800000 | PA      | $697496.00     | 0.00%             | 2032-05-22      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Bunge Ltd Finance Corp                                                           | Bunge Ltd Finance Corp                                                           | CUSIP: 120568AZ3<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |     560000 | PA      | $538736.80     | 0.00%             | 2027-09-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NEA5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     350000 | PA      | $364483.00     | 0.00%             | 2027-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| MIDLAND COGEN VENTURE                                                            | Midland Cogeneration Venture LP                                                  | CUSIP: 59748TAA7<br>LEI: A7EF7IZXZY5NPHMMPV49 | Long             | DBT              | CORP              | US        |     101760 | PA      | $103756.23     | 0.00%             | 2025-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| COSAN SA                                                                         | Cosan SA                                                                         | CUSIP: 000000000<br>LEI: 549300PGFCX2JMKKLC96 | Long             | DBT              | CORP              | BR        |     800000 | PA      | $759584.00     | 0.00%             | 2029-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967KR1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1725000 | PA      | $1594900.50    | 0.01%             | 2046-05-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140E75F3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      23169 | PA      | $22394.72      | 0.00%             | 2030-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828M56<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   22250000 | PA      | $21285254.02   | 0.10%             | 2025-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| OWENS & MINOR INC                                                                | Owens & Minor Inc                                                                | CUSIP: 690732AF9<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |     440000 | PA      | $358679.20     | 0.00%             | 2029-03-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                                                            | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      50000 | PA      | $50817.50      | 0.00%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP                                                           | Toll Brothers Finance Corp                                                       | CUSIP: 88947EAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     454000 | PA      | $446613.42     | 0.00%             | 2025-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CX7<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     180000 | PA      | $172895.40     | 0.00%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fluor Corp                                                                       | Fluor Corp                                                                       | CUSIP: 343412AC6<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | DBT              | CORP              | US        |     318000 | PA      | $310008.66     | 0.00%             | 2024-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     400000 | PA      | $395164.00     | 0.00%             | 2028-10-19      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBJ3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1826000 | PA      | $1447999.74    | 0.01%             | 2046-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Weyerhaeuser Co                                                                  | Weyerhaeuser Co                                                                  | CUSIP: 962166BX1<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |     533000 | PA      | $505369.28     | 0.00%             | 2029-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1048720.00    | 0.01%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCT1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $959871.50     | 0.00%             | 2025-12-10      | Fixed         | 1.56%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DN6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1419000 | PA      | $1510497.12    | 0.01%             | 2038-06-01      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN                                                         | Brighthouse Financial Inc                                                        | CUSIP: 10922NAH6<br>LEI: 5493003T8SZSHOGGAW52 | Long             | DBT              | CORP              | US        |      60000 | PA      | $42222.00      | 0.00%             | 2051-12-22      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| General Motors Co                                                                | General Motors Co                                                                | CUSIP: 37045VAL4<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     684000 | PA      | $711736.20     | 0.00%             | 2046-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDQC3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3681383 | PA      | $3114244.23    | 0.01%             | 2051-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGYV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1737350 | PA      | $1470979.29    | 0.01%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SIAM COMMERCIAL BANK CAY                                                         | Siam Commercial Bank PCL/Cayman Islands                                          | CUSIP: 000000000<br>LEI: 54930068OELHUBHH1U03 | Long             | DBT              | CORP              | TH        |     200000 | PA      | $197962.00     | 0.00%             | 2024-02-11      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272AY4<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     612000 | PA      | $518829.12     | 0.00%             | 2030-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: —       |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 96949LAC9<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     909000 | PA      | $863050.05     | 0.00%             | 2045-09-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                 | CUSIP: 26884ABB8<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              | CORP              | US        |     373000 | PA      | $347908.29     | 0.00%             | 2044-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Merck Sharp & Dohme Corp                                                         | Merck Sharp & Dohme Corp                                                         | CUSIP: 589331AE7<br>LEI: MZK1AT00SJV4XB7WNL71 | Long             | DBT              | CORP              | US        |     165000 | PA      | $180188.25     | 0.00%             | 2028-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WDZ1<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     625000 | PA      | $560412.50     | 0.00%             | 2026-09-09      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                | CUSIP: 906548CJ9<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     527000 | PA      | $459111.86     | 0.00%             | 2042-09-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKD0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1553000 | PA      | $1286070.36    | 0.01%             | 2032-10-20      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 780097BM2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    1325000 | PA      | $1245155.50    | 0.01%             | 2029-11-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                                                                 | Spirit Realty LP                                                                 | CUSIP: 84861TAF5<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              |  | US        |     250000 | PA      | $216750.00     | 0.00%             | 2030-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408GK3<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     432000 | PA      | $480677.76     | 0.00%             | 2037-05-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                     | CUSIP: 785592AY2<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |     645000 | PA      | $668490.90     | 0.00%             | 2037-09-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MERCADOLIBRE INC                                                                 | MercadoLibre Inc                                                                 | CUSIP: 58733RAF9<br>LEI: 549300DKPDN9M5S8GB14 | Long             | DBT              | CORP              | US        |     600000 | PA      | $475764.00     | 0.00%             | 2031-01-14      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ATS CORP                                                                         | ATS Corp                                                                         | CUSIP: 001940AC9<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | DBT              | CORP              | CA        |     255000 | PA      | $228584.55     | 0.00%             | 2028-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2Q9<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     640000 | PA      | $572704.00     | 0.00%             | 2026-09-14      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                     | CUSIP: 615369AS4<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     130000 | PA      | $127318.10     | 0.00%             | 2025-03-24      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART                                                           | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAF0<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |     255000 | PA      | $247775.85     | 0.00%             | 2024-06-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FXGJ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1286747 | PA      | $1239793.05    | 0.01%             | 2051-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ST ENG URBAN SOL USA                                                             | Ste Transcore Holdings Inc                                                       | CUSIP: 85235DAB5<br>LEI: 2549005ISD49W0N6WG55 | Long             | DBT              | CORP              | US        |     200000 | PA      | $186660.00     | 0.00%             | 2032-05-05      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XWPW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     100121 | PA      | $95712.93      | 0.00%             | 2048-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JPW INDUSTRIES HOLD CORP                                                         | JPW Industries Holding Corp                                                      | CUSIP: 48128TAA0<br>LEI: 2549006C25X8KUBSYI24 | Long             | DBT              | CORP              | US        |     135000 | PA      | $120487.50     | 0.00%             | 2024-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| UNIVERSAL HEALTH SVCS                                                            | Universal Health Services Inc                                                    | CUSIP: 913903AW0<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |     978000 | PA      | $824180.16     | 0.00%             | 2030-10-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCB4<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    1072000 | PA      | $885890.08     | 0.00%             | 2030-07-08      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| WARNER MEDIA LLC                                                                 | Warner Media LLC                                                                 | CUSIP: 00184AAC9<br>LEI: 5493004RSX004WU3UT62 | Long             | DBT              | CORP              | US        |     210000 | PA      | $222738.60     | 0.00%             | 2031-04-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1756000 | PA      | $1644616.92    | 0.01%             | 2026-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                                                               | Panama Government International Bond                                             | CUSIP: 698299BL7<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1800000 | PA      | $1205910.00    | 0.01%             | 2060-07-23      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136ALYF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4758 | PA      | $4663.66       | 0.00%             | 2024-08-25      | Variable      | 3.02%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                                                               | Kennedy-Wilson Inc                                                               | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |     410000 | PA      | $344383.60     | 0.00%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| CME Group Inc                                                                    | CME Group Inc                                                                    | CUSIP: 12572QAG0<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |    1356000 | PA      | $1320540.60    | 0.01%             | 2025-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CONSOLIDATED                                                           | Coca-Cola Consolidated Inc                                                       | CUSIP: 191098AK8<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | DBT              | CORP              | US        |     335000 | PA      | $327764.00     | 0.00%             | 2025-11-25      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BROADRIDGE FINANCIAL SOL                                                         | Broadridge Financial Solutions Inc                                               | CUSIP: 11133TAD5<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | DBT              | CORP              | US        |     511000 | PA      | $447957.93     | 0.00%             | 2029-12-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                           | CUSIP: 460146CS0<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     463000 | PA      | $414889.67     | 0.00%             | 2048-08-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| TRUST FIBRAUNO                                                                   | Trust Fibra Uno                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              |  | MX        |     200000 | PA      | $184476.00     | 0.00%             | 2044-01-30      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                      | CUSIP: 931142EW9<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     405000 | PA      | $403104.60     | 0.00%             | 2025-09-09      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 96949LAE5<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     718000 | PA      | $654866.26     | 0.00%             | 2048-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833DQ0<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1225000 | PA      | $927496.50     | 0.00%             | 2049-09-11      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QZ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    9000000 | PA      | $8160468.75    | 0.04%             | 2043-02-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 124857AK9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     438000 | PA      | $343413.90     | 0.00%             | 2044-08-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                      | CUSIP: 87612EBR6<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    1450000 | PA      | $1465819.50    | 0.01%             | 2053-01-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL                                                            | TotalEnergies Capital International SA                                           | CUSIP: 89153VAW9<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |     408000 | PA      | $312344.40     | 0.00%             | 2060-06-29      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| MALAYSIA SUKUK GLOBAL                                                            | Malaysia Sukuk Global Bhd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | MY        |    1650000 | PA      | $1604179.50    | 0.01%             | 2026-04-27      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                                                            | Bath & Body Works Inc                                                            | CUSIP: 501797AM6<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     461000 | PA      | $416790.10     | 0.00%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DNFK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4137490 | PA      | $3938196.69    | 0.02%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABX2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    1035000 | PA      | $847861.65     | 0.00%             | 2031-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DUQUESNE LIGHT HOLDINGS                                                          | Duquesne Light Holdings Inc                                                      | CUSIP: 266233AG0<br>LEI: 4CUJ1D8WDXK9X7QI6B93 | Long             | DBT              | CORP              | US        |     248000 | PA      | $227155.60     | 0.00%             | 2027-08-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1621000 | PA      | $1667311.97    | 0.01%             | 2026-06-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                  | CUSIP: 166756AS5<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |     418000 | PA      | $394541.84     | 0.00%             | 2029-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CINTAS CORPORATION NO. 2                                                         | Cintas Corp No 2                                                                 | CUSIP: 17252MAN0<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |    1639000 | PA      | $1598320.02    | 0.01%             | 2027-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                                                            | Antero Resources Corp                                                            | CUSIP: 03674XAQ9<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |     468000 | PA      | $479386.44     | 0.00%             | 2029-02-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ER2P4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     132793 | PA      | $134865.25     | 0.00%             | 2046-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967MS7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    2170000 | PA      | $1839639.20    | 0.01%             | 2031-06-03      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| OMNICOM GROUP INC                                                                | Omnicom Group Inc                                                                | CUSIP: 681919BC9<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |     884000 | PA      | $850593.64     | 0.00%             | 2030-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BY1<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    1208000 | PA      | $1221662.48    | 0.01%             | 2030-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                             | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AG6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     740000 | PA      | $751410.80     | 0.00%             | 2026-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IPALCO ENTERPRISES INC                                                           | IPALCO Enterprises Inc                                                           | CUSIP: 462613AP5<br>LEI: 5493000YFVK2DZX0JV43 | Long             | DBT              | CORP              | US        |     292000 | PA      | $270327.76     | 0.00%             | 2030-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| THREE GORGES FIN I KY                                                            | Three Gorges Finance I Cayman Islands Ltd                                        | CUSIP: 000000000<br>LEI: 549300FD0MPTWEITI779 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $195472.00     | 0.00%             | 2025-06-10      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X75T2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     448910 | PA      | $432632.51     | 0.00%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VAZ7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     508000 | PA      | $499577.36     | 0.00%             | 2029-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Baxalta Inc                                                                      | Baxalta Inc                                                                      | CUSIP: 07177MAN3<br>LEI: 5493000JW8DCO3T45R55 | Long             | DBT              | CORP              | US        |     620000 | PA      | $620186.00     | 0.00%             | 2045-06-23      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QKE53<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5397346 | PA      | $4569824.08    | 0.02%             | 2051-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| China Cinda Finance                                                              | China Cinda Finance 2014 Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     200000 | PA      | $200116.00     | 0.00%             | 2024-05-14      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                                                             | Republic of Italy Government International Bond                                  | CUSIP: 465410BY3<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    1401000 | PA      | $1202730.48    | 0.01%             | 2029-10-17      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                             | CUSIP: 85172FAP4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     803000 | PA      | $796471.61     | 0.00%             | 2024-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                      | CUSIP: 452151LE1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |      13636 | PA      | $13597.93      | 0.00%             | 2023-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WMG ACQUISITION CORP                                                             | WMG Acquisition Corp                                                             | CUSIP: 92933BAQ7<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |     370000 | PA      | $326040.30     | 0.00%             | 2030-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAD0<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     232000 | PA      | $222817.44     | 0.00%             | 2025-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAY5<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     395000 | PA      | $378208.55     | 0.00%             | 2048-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| REC LIMITED                                                                      | REC Ltd                                                                          | CUSIP: 000000000<br>LEI: 335800B4YRYWAMIJZ374 | Long             | DBT              | CORP              | IN        |     600000 | PA      | $533556.00     | 0.00%             | 2026-09-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST AIRLINES CO                                                            | Southwest Airlines Co                                                            | CUSIP: 844741BF4<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |     515000 | PA      | $448616.50     | 0.00%             | 2030-02-10      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBW9<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     374000 | PA      | $346656.86     | 0.00%             | 2032-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| BROADSTONE NET LEASE LLC                                                         | Broadstone Net Lease LLC                                                         | CUSIP: 11135EAA2<br>LEI: 54930089IBT6J4WBTI50 | Long             | DBT              |  | US        |     605000 | PA      | $462564.85     | 0.00%             | 2031-09-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| STERICYCLE INC                                                                   | Stericycle Inc                                                                   | CUSIP: 858912AF5<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |     400000 | PA      | $396404.00     | 0.00%             | 2024-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DK1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     878000 | PA      | $827997.90     | 0.00%             | 2047-11-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RAQ0<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     230000 | PA      | $207644.00     | 0.00%             | 2026-01-28      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HJJ0<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     965000 | PA      | $1037336.40    | 0.00%             | 2033-10-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| NECESS RETAIL/AFIN OP LP                                                         | Necessity Retail REIT Inc/The / American Finance Operating Partner LP            | CUSIP: 02608AAA7<br>LEI: N/A                  | Long             | DBT              |  | US        |     320000 | PA      | $245740.80     | 0.00%             | 2028-09-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                                                                         | Flex Ltd                                                                         | CUSIP: 33938XAC9<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |     505000 | PA      | $488582.45     | 0.00%             | 2026-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                                                            | Antero Resources Corp                                                            | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |     385000 | PA      | $359054.85     | 0.00%             | 2030-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZH0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1020000 | PA      | $981872.40     | 0.00%             | 2025-01-24      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205BA1<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1400000 | PA      | $1277640.00    | 0.01%             | 2029-09-30      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAQ1<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |      88000 | PA      | $81983.44      | 0.00%             | 2026-09-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                                                         | Scientific Games International Inc                                               | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     460000 | PA      | $456168.20     | 0.00%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                         | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     175000 | PA      | $177164.75     | 0.00%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBP8<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     443000 | PA      | $380497.13     | 0.00%             | 2049-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 00946AAE4<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |     600000 | PA      | $464226.00     | 0.00%             | 2052-01-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CCM MERGER INC                                                                   | CCM Merger Inc                                                                   | CUSIP: 14985VAE1<br>LEI: 549300P77RSBKKFME089 | Long             | DBT              | CORP              | US        |     150000 | PA      | $145095.00     | 0.00%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC                                                          | Jefferies Financial Group Inc                                                    | CUSIP: 47233JBH0<br>LEI: NY9Q8VBNB6D1L6YV0J84 | Long             | DBT              | CORP              | US        |     852000 | PA      | $796867.08     | 0.00%             | 2030-01-23      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CJ3<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     700000 | PA      | $714616.00     | 0.00%             | 2049-02-11      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                         | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     491000 | PA      | $446034.22     | 0.00%             | 2030-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109BG5<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |     835000 | PA      | $681142.90     | 0.00%             | 2048-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NN1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     330000 | PA      | $313295.40     | 0.00%             | 2027-04-25      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GBB3<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $475024.00     | 0.00%             | 2052-10-14      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| HLF FIN SARL LLC/HERBALI                                                         | HLF Financing Sarl LLC / Herbalife International Inc                             | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     415000 | PA      | $303497.80     | 0.00%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MOSAIC CO                                                                        | Mosaic Co/The                                                                    | CUSIP: 61945CAD5<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | DBT              | CORP              | US        |     589000 | PA      | $607317.90     | 0.00%             | 2033-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| KOREA SOUTHERN POWER                                                             | Korea Southern Power Co Ltd                                                      | CUSIP: 000000000<br>LEI: 9884001B6VSIQS4ZY558 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $354276.00     | 0.00%             | 2026-01-27      | Fixed         | 0.75%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                                                          | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     280000 | PA      | $263326.00     | 0.00%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GT4<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     865000 | PA      | $680331.15     | 0.00%             | 2050-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | Ohio Power Co                                                                    | CUSIP: 677415CT6<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |     224000 | PA      | $180116.16     | 0.00%             | 2031-01-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132Y1GK8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      18705 | PA      | $18859.31      | 0.00%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK RAKYAT INDONESIA                                                            | Bank Rakyat Indonesia Persero Tbk PT                                             | CUSIP: 000000000<br>LEI: 254900HB6S4B12GBNP64 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $394356.00     | 0.00%             | 2024-03-28      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448FG8<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     920000 | PA      | $683477.20     | 0.00%             | 2051-10-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                                                        | iStar Inc                                                                        | CUSIP: 45031UCJ8<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              |  | US        |     330000 | PA      | $332491.50     | 0.00%             | 2026-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MOLEX ELECTRONICS TECH                                                           | Molex Electronic Technologies LLC                                                | CUSIP: 60856BAC8<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |      85000 | PA      | $81598.30      | 0.00%             | 2025-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                                      | Southern Co/The                                                                  | CUSIP: 842587DG9<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     180000 | PA      | $171882.00     | 0.00%             | 2024-02-26      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                                                 | NTT Finance Corp                                                                 | CUSIP: 62954WAC9<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    2640000 | PA      | $2368898.40    | 0.01%             | 2026-04-03      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| CHALCO HK INVESTMENT                                                             | Chalco Hong Kong Investment Co Ltd                                               | CUSIP: 000000000<br>LEI: 549300F6W7ZYN8BF2K08 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $189578.00     | 0.00%             | 2024-07-28      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| APPLIED MATERIALS INC                                                            | Applied Materials Inc                                                            | CUSIP: 038222AP0<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     632000 | PA      | $463982.80     | 0.00%             | 2050-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ABU DHABI NATIONAL ENERG                                                         | Abu Dhabi National Energy Co PJSC                                                | CUSIP: 00386SAB8<br>LEI: 213800UNJSVQFNUYYW03 | Long             | DBT              | CORP              | AE        |     480000 | PA      | $560467.20     | 0.00%             | 2036-10-27      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                                                                  | Rolls-Royce PLC                                                                  | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |     600000 | PA      | $583572.00     | 0.00%             | 2027-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| POTOMAC ELECTRIC POWER                                                           | Potomac Electric Power Co                                                        | CUSIP: 737679DG2<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |     280000 | PA      | $276301.20     | 0.00%             | 2024-03-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31307PWW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     188806 | PA      | $182666.98     | 0.00%             | 2030-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160BA1<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     185000 | PA      | $192326.00     | 0.00%             | 2041-05-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCM6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1060000 | PA      | $989001.20     | 0.00%             | 2025-08-09      | Fixed         | 0.77%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132L7CJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      15947 | PA      | $15753.85      | 0.00%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LEE5<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     940000 | PA      | $863277.20     | 0.00%             | 2025-06-23      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KK3T4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1203843 | PA      | $1061934.61    | 0.01%             | 2051-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967PA3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    2625000 | PA      | $2857811.25    | 0.01%             | 2033-11-17      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Hydro-Quebec                                                                     | Hydro-Quebec                                                                     | CUSIP: 448814DF7<br>LEI: 6THEVG93PYJH84S4D167 | Long             | DBT              | NUSS              | CA        |     270000 | PA      | $356481.00     | 0.00%             | 2030-04-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                                                            | Argentina Bonar Bonds                                                            | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     730000 | PA      | $220693.60     | 0.00%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEC2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     960000 | PA      | $869731.20     | 0.00%             | 2026-05-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                        | CUSIP: 023551AJ3<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |     505000 | PA      | $566281.75     | 0.00%             | 2031-08-15      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAY5<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     530000 | PA      | $451289.70     | 0.00%             | 2028-07-14      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| CommonSpirit Health                                                              | CommonSpirit Health                                                              | CUSIP: 14916RAD6<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     853000 | PA      | $756235.68     | 0.00%             | 2042-11-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    1550000 | PA      | $100781.00     | 0.00%             | 2026-11-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PAKISTAN GLOBAL SUKUK                                                            | Pakistan Global Sukuk Programme Co Ltd/The                                       | CUSIP: 000000000<br>LEI: 213800X5OY6CVYNY1M70 | Long             | DBT              | NUSS              | PK        |     200000 | PA      | $122444.00     | 0.00%             | 2029-01-31      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| MIDCONTINENT COMM & FIN                                                          | Midcontinent Communications / Midcontinent Finance Corp                          | CUSIP: 59565XAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     208000 | PA      | $197227.68     | 0.00%             | 2027-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAT4<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |     240000 | PA      | $226910.40     | 0.00%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2T9<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1560000 | PA      | $1476399.60    | 0.01%             | 2025-05-19      | Fixed         | 0.81%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MCE8<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     625000 | PA      | $491575.00     | 0.00%             | 2031-01-12      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 95040QAR5<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     269000 | PA      | $241015.93     | 0.00%             | 2032-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 58769JAC1<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     150000 | PA      | $154467.00     | 0.00%             | 2027-11-29      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHINA SCE GRP HLDGS LTD                                                          | China SCE Group Holdings Ltd                                                     | CUSIP: 000000000<br>LEI: 549300Q8UEI2ERAP6P49 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $108966.00     | 0.00%             | 2025-05-02      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516CB0<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    1286000 | PA      | $1200146.64    | 0.01%             | 2025-06-01      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABG1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     605000 | PA      | $557477.25     | 0.00%             | 2027-02-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                                                      | KeyBank NA/Cleveland OH                                                          | CUSIP: 49327M2K9<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |     250000 | PA      | $242212.50     | 0.00%             | 2025-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION                                                         | Sabine Pass Liquefaction LLC                                                     | CUSIP: 785592AM8<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |     921000 | PA      | $929749.50     | 0.00%             | 2025-03-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                                                              | Invitation Homes Operating Partnership LP                                        | CUSIP: 46188BAC6<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |     410000 | PA      | $317930.40     | 0.00%             | 2034-01-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                                                            | Brooklyn Union Gas Co/The                                                        | CUSIP: 114259AV6<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |     335000 | PA      | $326243.10     | 0.00%             | 2027-08-05      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140E2HL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      15224 | PA      | $15024.00      | 0.00%             | 2030-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE                                                          | Global Medical Response Inc                                                      | CUSIP: 37960BAA3<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |     545000 | PA      | $383832.60     | 0.00%             | 2025-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                                                           | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     365000 | PA      | $320247.35     | 0.00%             | 2028-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280DC0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1120000 | PA      | $1032572.80    | 0.00%             | 2033-03-29      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AQ8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     930000 | PA      | $888875.40     | 0.00%             | 2027-03-02      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058GE7<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    2441000 | PA      | $2308160.78    | 0.01%             | 2027-11-22      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SINOPEC GRP DEV 2018                                                             | Sinopec Group Overseas Development 2018 Ltd                                      | CUSIP: 000000000<br>LEI: 549300C6OZZ8LTVR8209 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $589734.00     | 0.00%             | 2025-09-12      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                                                 | NTT Finance Corp                                                                 | CUSIP: 62954WAJ4<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |     350000 | PA      | $345604.00     | 0.00%             | 2025-07-25      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| SNB SUKUK LTD                                                                    | SNB Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300NDOY781U1WVO54 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $370636.00     | 0.00%             | 2027-01-19      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                                      | PNC Bank NA                                                                      | CUSIP: 69353RFJ2<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |     536000 | PA      | $512282.00     | 0.00%             | 2028-01-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Bed Bath & Beyond Inc                                                            | Bed Bath & Beyond Inc                                                            | CUSIP: 075896AB6<br>LEI: 529900ZBUWWUV7BKGX39 | Long             | DBT              | CORP              | US        |     150000 | PA      | $6414.00       | 0.00%             | 2034-08-01      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 124857AF0<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     320000 | PA      | $297497.60     | 0.00%             | 2040-10-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| NONGHYUP BANK                                                                    | NongHyup Bank                                                                    | CUSIP: 65540KAG0<br>LEI: 988400GSDJCW3LKJBD20 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $352632.00     | 0.00%             | 2026-07-28      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PAL0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2359000 | PA      | $2039402.68    | 0.01%             | 2048-11-15      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AU3<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     765000 | PA      | $769605.30     | 0.00%             | 2030-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    1390000 | PA      | $1433131.70    | 0.01%             | 2079-04-04      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| RENT-A-CENTER INC                                                                | Rent-A-Center Inc/TX                                                             | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |     292000 | PA      | $248147.44     | 0.00%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967HB0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1867000 | PA      | $1894650.27    | 0.01%             | 2025-09-13      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PERU                                                                 | Peruvian Government International Bond                                           | CUSIP: 715638DP4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    1350000 | PA      | $1012554.00    | 0.00%             | 2032-12-01      | Fixed         | 1.86%                 | No            |                  2 | On Loan: No      |
| HEALTH CARE SERVICE CORP                                                         | Health Care Service Corp A Mutual Legal Reserve Co                               | CUSIP: 42218SAH1<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |     465000 | PA      | $348201.30     | 0.00%             | 2050-06-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Avon Products Inc                                                                | Avon Products Inc                                                                | CUSIP: 054303AZ5<br>LEI: 5493007RY69UEB1F1B45 | Long             | DBT              | CORP              | US        |     185000 | PA      | $183877.05     | 0.00%             | 2043-03-15      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| COVANTA HOLDING CORP                                                             | Covanta Holding Corp                                                             | CUSIP: 22282EAJ1<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |     300000 | PA      | $256077.00     | 0.00%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687FN1<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     797000 | PA      | $777122.82     | 0.00%             | 2025-03-24      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CSN RESOURCES SA                                                                 | CSN Resources SA                                                                 | CUSIP: 000000000<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $362884.00     | 0.00%             | 2032-04-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BIMBO BAKERIES USA INC                                                           | Bimbo Bakeries USA Inc                                                           | CUSIP: U0901RAA5<br>LEI: 549300HOXXHHT7926W92 | Long             | DBT              | CORP              | US        |     600000 | PA      | $484596.00     | 0.00%             | 2051-05-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                                  | Danske Bank A/S                                                                  | CUSIP: 23636ABF7<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    1000000 | PA      | $1014950.00    | 0.00%             | 2026-01-09      | Fixed         | 6.47%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                                                                 | Ryder System Inc                                                                 | CUSIP: 78355HKU2<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     430000 | PA      | $420626.00     | 0.00%             | 2027-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                              | CUSIP: 14149YBA5<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     450000 | PA      | $438709.50     | 0.00%             | 2024-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Hydro-Quebec                                                                     | Hydro-Quebec                                                                     | CUSIP: 448814DC4<br>LEI: 6THEVG93PYJH84S4D167 | Long             | DBT              | NUSS              | CA        |     425000 | PA      | $531743.00     | 0.00%             | 2029-12-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BQ2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     770000 | PA      | $753883.90     | 0.00%             | 2027-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY COR                                                         | Garda World Security Corp                                                        | CUSIP: 36257BAA7<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     547000 | PA      | $542640.41     | 0.00%             | 2027-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                                     | GS Mortgage Securities Trust 2014-GC24                                           | CUSIP: 36253GAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1250000 | PA      | $1217550.71    | 0.01%             | 2047-09-10      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XJNV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8675848 | PA      | $8586529.52    | 0.04%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                      | Cargill Inc                                                                      | CUSIP: 141781BV5<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |     250000 | PA      | $243115.00     | 0.00%             | 2027-04-22      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                                                              | Province of Alberta Canada                                                       | CUSIP: 013051EA1<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |    2135000 | PA      | $2071697.25    | 0.01%             | 2028-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NBE4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     380000 | PA      | $283601.60     | 0.00%             | 2051-08-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                         | CUSIP: 25468PDN3<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |     660000 | PA      | $493310.40     | 0.00%             | 2046-07-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                     | CUSIP: 863667AH4<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     946000 | PA      | $916815.90     | 0.00%             | 2025-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                                                          | Oesterreichische Kontrollbank AG                                                 | CUSIP: 676167CC1<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |     555000 | PA      | $499333.50     | 0.00%             | 2026-02-02      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| University of Pittsburgh-of the Commonwealth System of Higher Education          | UNIV OF PITTSBURGH PA OF THE CMWLTH SYS OF HGR EDU                               | CUSIP: 91335VKQ8<br>LEI: 5493002C83QSGL8ETT42 | Long             | DBT              | MUN               | US        |     200000 | PA      | $141314.60     | 0.00%             | 2119-09-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| MALAYAN BANKING BHD                                                              | Malayan Banking Bhd                                                              | CUSIP: 000000000<br>LEI: 5493004OT3TOY404V310 | Long             | DBT              | CORP              | MY        |     400000 | PA      | $400232.00     | 0.00%             | 2024-08-16      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                                           | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AL8<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |     365000 | PA      | $343990.60     | 0.00%             | 2027-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BONO GAR PROV DEL CHUBUT                                                         | Provincia del Chubut Argentina                                                   | CUSIP: 000000000<br>LEI: 529900V5CYYSD8ADKQ03 | Long             | DBT              | NUSS              | AR        |     338933 | PA      | $298352.83     | 0.00%             | 2030-07-26      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                                                                | Suncor Energy Inc                                                                | CUSIP: 867229AE6<br>LEI: 549300W70ZOQDVLCHY06 | Long             | DBT              | CORP              | CA        |     590000 | PA      | $644557.30     | 0.00%             | 2038-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Lennar Corp                                                                      | Lennar Corp                                                                      | CUSIP: 526057BZ6<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |     422000 | PA      | $419653.68     | 0.00%             | 2024-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc                                                            | Reynolds American Inc                                                            | CUSIP: 761713BA3<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |     596000 | PA      | $570348.16     | 0.00%             | 2035-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| INFRAESTRUCTURA ENERGETI                                                         | Infraestructura Energetica Nova SAPI de CV                                       | CUSIP: 000000000<br>LEI: 715K4H1JYF3O6JOK1411 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $474342.00     | 0.00%             | 2051-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VME7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1412836 | PA      | $1352092.16    | 0.01%             | 2050-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                               | CUSIP: 03740LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     155000 | PA      | $106901.95     | 0.00%             | 2051-08-23      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| YANKUANG GROUP CAYMAN                                                            | Yankuang Group Cayman Ltd                                                        | CUSIP: 000000000<br>LEI: 549300TM4QBVI14AXM65 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $378940.00     | 0.00%             | 2024-11-30      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LBJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     875000 | PA      | $834837.50     | 0.00%             | 2053-01-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RJL7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     501000 | PA      | $463174.50     | 0.00%             | 2045-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525AU7<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     833000 | PA      | $802837.07     | 0.00%             | 2027-05-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC                                                                  | WEA Finance LLC                                                                  | CUSIP: 92928QAH1<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              |  | US        |    1330000 | PA      | $1174030.90    | 0.01%             | 2027-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC                                                          | Darling Ingredients Inc                                                          | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |     655000 | PA      | $651875.65     | 0.00%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Marks & Spencer PLC                                                              | Marks & Spencer PLC                                                              | CUSIP: 57069PAA0<br>LEI: 213800CN1RI3UCIZWB95 | Long             | DBT              | CORP              | GB        |     225000 | PA      | $202880.25     | 0.00%             | 2037-12-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DPFY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2055000 | PA      | $2122932.44    | 0.01%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                                                         | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     980000 | PA      | $929324.20     | 0.00%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AV5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     370000 | PA      | $376031.00     | 0.00%             | 2025-10-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                                          | Hungary Government International Bond                                            | CUSIP: 445545AS5<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    1000000 | PA      | $1039180.00    | 0.00%             | 2032-09-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DM5R2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   57733610 | PA      | $48710935.99   | 0.23%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BROOKLYN UNION GAS CO                                                            | Brooklyn Union Gas Co/The                                                        | CUSIP: 114259AT1<br>LEI: 83BQ1DXS6VA5GZFK8S35 | Long             | DBT              | CORP              | US        |     370000 | PA      | $341961.40     | 0.00%             | 2029-03-04      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| BRIGHTSPHERE INVESTMENT                                                          | Brightsphere Investment Group Inc                                                | CUSIP: 10948WAA1<br>LEI: 5493004FTLQNQTBOP608 | Long             | DBT              | CORP              | US        |     150000 | PA      | $139258.50     | 0.00%             | 2026-07-27      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PCZ3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     799000 | PA      | $736749.91     | 0.00%             | 2047-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HIGHWOODS REALTY LP                                                              | Highwoods Realty LP                                                              | CUSIP: 431282AS1<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              |  | US        |     790000 | PA      | $642048.80     | 0.00%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAL BANK/HK                                                               | Industrial Bank Co Ltd/Hong Kong                                                 | CUSIP: 000000000<br>LEI: 3003007Y03W5HH1MXR96 | Long             | DBT              | CORP              | CN        |     900000 | PA      | $854955.00     | 0.00%             | 2024-06-10      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY TRANSMISSION                                                         | FirstEnergy Transmission LLC                                                     | CUSIP: 33767BAC3<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     593000 | PA      | $516627.53     | 0.00%             | 2049-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL                                                            | TotalEnergies Capital International SA                                           | CUSIP: 89153VAV1<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    1227000 | PA      | $937550.70     | 0.00%             | 2050-05-29      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp                                                            | Novartis Capital Corp                                                            | CUSIP: 66989HAJ7<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     584000 | PA      | $563846.16     | 0.00%             | 2025-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                                                         | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1291000 | PA      | $1287139.91    | 0.01%             | 2027-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 949746RW3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2834000 | PA      | $2691109.72    | 0.01%             | 2026-04-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLBL                                                         | Northwestern Mutual Global Funding                                               | CUSIP: 66815L2A6<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |     110000 | PA      | $98588.60      | 0.00%             | 2026-01-14      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                                                      | Apache Corp                                                                      | CUSIP: 037411AM7<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     115000 | PA      | $114564.15     | 0.00%             | 2047-08-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL PLC                                                                   | Prudential PLC                                                                   | CUSIP: 74435KAA3<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | DBT              | CORP              | GB        |     880000 | PA      | $797112.80     | 0.00%             | 2030-04-14      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123CJ8<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     962000 | PA      | $787589.40     | 0.00%             | 2050-04-09      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN FINANCIAL GROUP                                                         | American Financial Group Inc/OH                                                  | CUSIP: 025932AL8<br>LEI: 549300AFOM7IVKIU1G39 | Long             | DBT              | CORP              | US        |     574000 | PA      | $494816.70     | 0.00%             | 2047-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140H23H9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     347104 | PA      | $346609.41     | 0.00%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRITISH AIR 20-1 A PTT                                                           | British Airways 2020-1 Class A Pass Through Trust                                | CUSIP: 11044MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     362611 | PA      | $334447.22     | 0.00%             | 2032-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160AV6<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     360000 | PA      | $363445.20     | 0.00%             | 2040-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZT2<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     675000 | PA      | $633352.50     | 0.00%             | 2027-03-10      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JP6<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     498000 | PA      | $431033.94     | 0.00%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                                            | HUB International Ltd                                                            | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     335000 | PA      | $301275.55     | 0.00%             | 2029-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                         | Devon Energy Corp                                                                | CUSIP: 25179MAL7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |     927000 | PA      | $918573.57     | 0.00%             | 2041-07-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132L74A4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      56488 | PA      | $54399.67      | 0.00%             | 2046-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-1 A PTT                                                          | American Airlines 2016-1 Class A Pass Through Trust                              | CUSIP: 02376WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     117403 | PA      | $100864.65     | 0.00%             | 2028-01-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| AVIANCA MIDCO 2 PLC                                                              | Avianca Midco 2 PLC                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     850000 | PA      | $686137.00     | 0.00%             | 2028-12-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TEW1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     427000 | PA      | $416184.09     | 0.00%             | 2025-04-14      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BELLRING BRANDS INC                                                              | BellRing Brands Inc                                                              | CUSIP: 07831CAA1<br>LEI: 549300S3BOK5CMTS8054 | Long             | DBT              | CORP              | US        |     625000 | PA      | $623662.50     | 0.00%             | 2030-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AZ2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     470000 | PA      | $359225.70     | 0.00%             | 2052-03-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                                                           | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    1145000 | PA      | $1005058.10    | 0.00%             | 2031-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GAY8<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     490000 | PA      | $401466.80     | 0.00%             | 2039-08-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XBU9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5000166 | PA      | $4963717.71    | 0.02%             | 2052-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL INFRASTRUCTURE SO                                                         | Global Infrastructure Solutions Inc                                              | CUSIP: 37960XAB3<br>LEI: 2549003BGLQITAJ6ZT28 | Long             | DBT              | CORP              | US        |     205000 | PA      | $174733.80     | 0.00%             | 2032-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                                                | General Mills Inc                                                                | CUSIP: 370334CQ5<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | DBT              | CORP              | US        |     520000 | PA      | $434964.40     | 0.00%             | 2031-10-14      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AK4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     940000 | PA      | $773695.20     | 0.00%             | 2033-02-11      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp              | CUSIP: 87612BBU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     910000 | PA      | $799990.10     | 0.00%             | 2032-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                                                          | Blackstone Secured Lending Fund                                                  | CUSIP: 09261XAD4<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |     795000 | PA      | $675598.95     | 0.00%             | 2027-02-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F030421<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   45572000 | PA      | $43710349.17   | 0.21%             | 2038-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   21000000 | PA      | $12731250.00   | 0.06%             | 2050-08-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B51<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     450000 | PA      | $388215.00     | 0.00%             | 2028-02-16      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NAY7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |      80000 | PA      | $93642.40      | 0.00%             | 2039-07-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162CY4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     771000 | PA      | $498813.87     | 0.00%             | 2053-09-01      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CORE INCOME COR                                                         | OWL Rock Core Income Corp                                                        | CUSIP: 69120VAM3<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |      55000 | PA      | $48093.10      | 0.00%             | 2026-09-23      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAZ1<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |      45000 | PA      | $45719.10      | 0.00%             | 2024-11-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | Air Lease Corp                                                                   | CUSIP: 00914AAF9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     428000 | PA      | $402867.84     | 0.00%             | 2025-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                                                 | NTT Finance Corp                                                                 | CUSIP: 62954WAB1<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |    1470000 | PA      | $1401997.80    | 0.01%             | 2024-03-01      | Fixed         | 0.58%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                | CUSIP: 906548CL4<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     310000 | PA      | $255939.10     | 0.00%             | 2045-04-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                                           | Standard Chartered PLC                                                           | CUSIP: 853254CE8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     875000 | PA      | $812455.00     | 0.00%             | 2025-11-23      | Fixed         | 1.82%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CGB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   52000000 | PA      | $53007500.00   | 0.25%             | 2029-12-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 69370RAK3<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     600000 | PA      | $540864.00     | 0.00%             | 2026-02-09      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAQ6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $143984.00     | 0.00%             | 2046-12-14      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                                               | Valero Energy Corp                                                               | CUSIP: 91913YBD1<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |     450000 | PA      | $344209.50     | 0.00%             | 2051-12-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| COMPASS MINERALS INTERNA                                                         | Compass Minerals International Inc                                               | CUSIP: 20451NAE1<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |     256000 | PA      | $250094.08     | 0.00%             | 2024-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SIGNAL PARENT INC                                                                | Signal Parent Inc                                                                | CUSIP: 82666QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     190000 | PA      | $73640.20      | 0.00%             | 2029-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                                                              | Abbott Laboratories                                                              | CUSIP: 002824BQ2<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |     258000 | PA      | $213350.52     | 0.00%             | 2030-06-30      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 17327CAQ6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1431000 | PA      | $1226338.38    | 0.01%             | 2033-01-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                                                  | CSAIL 2018-CX11 Commercial Mortgage Trust                                        | CUSIP: 12652UAU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1750000 | PA      | $1683043.50    | 0.01%             | 2051-04-15      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WDW0<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     475000 | PA      | $427975.00     | 0.00%             | 2026-01-15      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     760000 | PA      | $738385.60     | 0.00%             | 2024-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                                                          | Romanian Government International Bond                                           | CUSIP: 77586TAE6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     600000 | PA      | $575844.00     | 0.00%             | 2044-01-22      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                                                 | Welltower OP LLC                                                                 | CUSIP: 42217KAX4<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              |  | US        |     222000 | PA      | $236665.32     | 0.00%             | 2041-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COLONIAL PIPELINE CO                                                             | Colonial Pipeline Co                                                             | CUSIP: 195869AN2<br>LEI: 549300Y8RLCD6IQXIT35 | Long             | DBT              | CORP              | US        |      71000 | PA      | $59877.14      | 0.00%             | 2043-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAS8<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     800000 | PA      | $665304.00     | 0.00%             | 2030-07-16      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GSPD8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1284506 | PA      | $1260460.70    | 0.01%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| McKesson Corp                                                                    | McKesson Corp                                                                    | CUSIP: 581557BE4<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |     459000 | PA      | $452821.86     | 0.00%             | 2024-03-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Lennar Corp                                                                      | Lennar Corp                                                                      | CUSIP: 526057BV5<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |     465000 | PA      | $459898.95     | 0.00%             | 2025-05-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CITIC                                                                            | CITIC Ltd                                                                        | CUSIP: 000000000<br>LEI: 2549006I3Q3M98KHOT11 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $192878.00     | 0.00%             | 2026-06-14      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                                                          | Asbury Automotive Group Inc                                                      | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     313000 | PA      | $275317.93     | 0.00%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61761JZN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1077000 | PA      | $1040823.57    | 0.00%             | 2027-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK                                                         | Huntington National Bank/The                                                     | CUSIP: 44644MAF8<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |     340000 | PA      | $334488.60     | 0.00%             | 2028-05-17      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                                                              | Ashtead Capital Inc                                                              | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |     300000 | PA      | $281880.00     | 0.00%             | 2028-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ICBCIL FINANCE CO LTD                                                            | ICBCIL Finance Co Ltd                                                            | CUSIP: 000000000<br>LEI: 549300ZCUURSNVTOEU07 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $399684.00     | 0.00%             | 2024-11-20      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| JSM GLOBAL SARL                                                                  | JSM Global Sarl                                                                  | CUSIP: 000000000<br>LEI: 222100JFIJNVE1XMFY68 | Long             | DBT              | CORP              | LU        |     400000 | PA      | $66056.00      | 0.00%             | 2030-10-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | Tenet Healthcare Corp                                                            | CUSIP: 88033GDR8<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $890000.00     | 0.00%             | 2030-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS GROUP S                                                         | Tyco Electronics Group SA                                                        | CUSIP: 902133AG2<br>LEI: C33G1C5SYE2YM95EE712 | Long             | DBT              | CORP              | LU        |     344000 | PA      | $412861.92     | 0.00%             | 2037-10-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBQ5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    1056000 | PA      | $915203.52     | 0.00%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SKILLZ INC                                                                       | Skillz Inc                                                                       | CUSIP: 83067LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     265000 | PA      | $180263.60     | 0.00%             | 2026-12-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: —       |
| TELUS CORP                                                                       | TELUS Corp                                                                       | CUSIP: 87971MBW2<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |     445000 | PA      | $394692.75     | 0.00%             | 2032-05-13      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SUMITOMO LIFE INSUR                                                              | Sumitomo Life Insurance Co                                                       | CUSIP: 86564CAC4<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |     520000 | PA      | $454162.80     | 0.00%             | 2081-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CERDIA FINANZ GMBH                                                               | Cerdia Finanz GmbH                                                               | CUSIP: 15679GAA0<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |     400000 | PA      | $339308.00     | 0.00%             | 2027-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                                                     | Ecopetrol SA                                                                     | CUSIP: 279158AL3<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     990000 | PA      | $956577.60     | 0.00%             | 2026-06-26      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| US Bancorp                                                                       | US Bancorp                                                                       | CUSIP: 91159HHV5<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     670000 | PA      | $660285.00     | 0.00%             | 2024-02-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WCN1<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     158000 | PA      | $155073.84     | 0.00%             | 2024-01-17      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1320000 | PA      | $1645894.80    | 0.01%             | 2038-01-17      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523AG5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    1526000 | PA      | $1508771.46    | 0.01%             | 2025-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LEK1<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     725000 | PA      | $647599.00     | 0.00%             | 2026-01-12      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJNE4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      58779 | PA      | $55184.87      | 0.00%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ASCENSION HEALTH                                                                 | Ascension Health                                                                 | CUSIP: 04352EAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      94000 | PA      | $76288.52      | 0.00%             | 2039-11-15      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER CHILE                                                            | Banco Santander Chile                                                            | CUSIP: 05971WAD5<br>LEI: 3YJP8HORPAEXJ80D6368 | Long             | DBT              | CORP              | CL        |     150000 | PA      | $130171.50     | 0.00%             | 2031-10-26      | Fixed         | 3.18%                 | No            |                  2 | On Loan: —       |
| Campbell Soup Co                                                                 | Campbell Soup Co                                                                 | CUSIP: 134429BA6<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     100000 | PA      | $96972.00      | 0.00%             | 2025-03-19      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                           | CUSIP: 25278XAW9<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     645000 | PA      | $675527.85     | 0.00%             | 2053-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CQ1<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |      70000 | PA      | $68949.30      | 0.00%             | 2050-03-25      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| RAS LAFFAN LNG 3                                                                 | Ras Laffan Liquefied Natural Gas Co Ltd 3                                        | CUSIP: 75405UAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | QA        |     205750 | PA      | $210360.86     | 0.00%             | 2027-09-30      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2V8<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     250000 | PA      | $244400.00     | 0.00%             | 2025-05-13      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Baidu Inc                                                                        | Baidu Inc                                                                        | CUSIP: 056752AJ7<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |     359000 | PA      | $340400.21     | 0.00%             | 2027-07-06      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                                                           | Banque Federative du Credit Mutuel SA                                            | CUSIP: 06675DCE0<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |     300000 | PA      | $298008.00     | 0.00%             | 2027-07-13      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QDL3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1400000 | PA      | $1363306.00    | 0.01%             | 2029-06-02      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                                                      | Ivory Coast Government International Bond                                        | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     800000 | PA      | $711688.00     | 0.00%             | 2033-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822AU8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     420000 | PA      | $410986.80     | 0.00%             | 2025-03-02      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                                                                 | TKC Holdings Inc                                                                 | CUSIP: 87256YAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     515000 | PA      | $313495.95     | 0.00%             | 2029-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| FISERV INC                                                                       | Fiserv Inc                                                                       | CUSIP: 337738AV0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    1366000 | PA      | $1171782.12    | 0.01%             | 2049-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                                                           | CenterPoint Energy Resources Corp                                                | CUSIP: 15189WAL4<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     325000 | PA      | $317489.25     | 0.00%             | 2028-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KOREA ELECTRIC POWER CO                                                          | Korea Electric Power Corp                                                        | CUSIP: 000000000<br>LEI: 988400QG33WS7JEIV602 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $386996.00     | 0.00%             | 2027-06-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santa Clara Valley Transportation Authority                                      | SANTA CLARA VLY CA TRANSPRTN AUTH SALES TAX REVENUE                              | CUSIP: 80168NEP0<br>LEI: 549300R6Q7T4MD3V9H68 | Long             | DBT              | MUN               | US        |     700000 | PA      | $737800.70     | 0.00%             | 2032-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| 7-ELEVEN INC                                                                     | 7-Eleven Inc                                                                     | CUSIP: 817826AE0<br>LEI: 549300K23JPL0SS3LB18 | Long             | DBT              | CORP              | US        |      75000 | PA      | $59754.00      | 0.00%             | 2031-02-10      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                                           | Equitable Holdings Inc                                                           | CUSIP: 29452EAC5<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |     900000 | PA      | $921483.00     | 0.00%             | 2033-01-11      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AM1<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     590000 | PA      | $481711.40     | 0.00%             | 2047-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LSF9 ATL HLDG/VICTRA FIN                                                         | LSF9 Atlantis Holdings LLC / Victra Finance Corp                                 | CUSIP: 50220MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     585000 | PA      | $533812.50     | 0.00%             | 2026-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0EE4<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |      75000 | PA      | $73688.25      | 0.00%             | 2024-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                                                            | Freedom Mortgage Corp                                                            | CUSIP: 35640YAG2<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |     465000 | PA      | $386986.95     | 0.00%             | 2027-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMZB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     461776 | PA      | $452986.67     | 0.00%             | 2034-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200JY8<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    1297000 | PA      | $1267363.55    | 0.01%             | 2024-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts LP                                                         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAW6<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              |  | US        |     632000 | PA      | $618867.04     | 0.00%             | 2026-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DK2<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $145440.00     | 0.00%             | 2041-06-29      | Fixed         | 2.50%                 | No            |                  2 | On Loan: —       |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D56Q0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2108568 | PA      | $1922443.56    | 0.01%             | 2035-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL UTILITIES INC                                                          | Essential Utilities Inc                                                          | CUSIP: 29670GAG7<br>LEI: 549300ILTEOF3E3QY357 | Long             | DBT              | CORP              | US        |     295000 | PA      | $295014.75     | 0.00%             | 2052-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES                                                                | Vedanta Resources Finance II PLC                                                 | CUSIP: 000000000<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |     300000 | PA      | $267396.00     | 0.00%             | 2024-01-21      | Fixed         | 13.88%                | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QGJQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4286763 | PA      | $3908315.68    | 0.02%             | 2035-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                                                         | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAB7<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     556000 | PA      | $537952.24     | 0.00%             | 2025-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385AV3<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     725000 | PA      | $709311.00     | 0.00%             | 2025-02-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630CJ5<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     800000 | PA      | $763928.00     | 0.00%             | 2026-01-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD                                                             | Petronas Capital Ltd                                                             | CUSIP: 000000000<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |    1400000 | PA      | $1034726.00    | 0.00%             | 2061-04-28      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION                                                                | Xerox Corp                                                                       | CUSIP: 984121CJ0<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |     425000 | PA      | $410622.25     | 0.00%             | 2024-05-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558BA0<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    1293000 | PA      | $1215782.04    | 0.01%             | 2045-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SQW0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      54417 | PA      | $52525.00      | 0.00%             | 2046-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT Corp                                                                         | CUSIP: 26884LAP4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     310000 | PA      | $310266.60     | 0.00%             | 2025-10-01      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDF6<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     578000 | PA      | $494606.16     | 0.00%             | 2047-10-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                                                          | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     665000 | PA      | $545712.30     | 0.00%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CPE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     869772 | PA      | $830670.72     | 0.00%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HOLLY NRG PRTNR/FIN CORP                                                         | Holly Energy Partners LP / Holly Energy Finance Corp                             | CUSIP: 435765AJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     240000 | PA      | $237720.00     | 0.00%             | 2027-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CB9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     172000 | PA      | $129813.56     | 0.00%             | 2048-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CNOOC FINANCE 2011 LTD                                                           | CNOOC Finance 2011 Ltd                                                           | CUSIP: 12621VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     200000 | PA      | $207562.00     | 0.00%             | 2041-01-26      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                                                            | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | GT        |    1000000 | PA      | $973470.00     | 0.00%             | 2028-02-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE CHILDREN HOSP                                                         | Nationwide Children's Hospital Inc                                               | CUSIP: 63861UAA7<br>LEI: 549300P18KU1WR8JWZ05 | Long             | DBT              | CORP              | US        |     153000 | PA      | $145997.19     | 0.00%             | 2052-11-01      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                                                                   | PulteGroup Inc                                                                   | CUSIP: 745867AP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     345000 | PA      | $361177.05     | 0.00%             | 2033-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC                                                           | Patrick Industries Inc                                                           | CUSIP: 703343AD5<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |     245000 | PA      | $209381.90     | 0.00%             | 2029-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JB HUNT TRANSPRT SVCS                                                            | JB Hunt Transport Services Inc                                                   | CUSIP: 445658CF2<br>LEI: 549300XCD1MPI1C5GK90 | Long             | DBT              | CORP              | US        |    1170000 | PA      | $1148355.00    | 0.01%             | 2026-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1000000 | PA      | $831030.00     | 0.00%             | 2026-02-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BZ6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    1060000 | PA      | $1050513.00    | 0.01%             | 2037-02-06      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Bank of America NA                                                               | Bank of America NA                                                               | CUSIP: 06050TJZ6<br>LEI: B4TYDEB6GKMZO031MB27 | Long             | DBT              | CORP              | US        |    1715000 | PA      | $1868595.40    | 0.01%             | 2036-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                                             | Boston Properties LP                                                             | CUSIP: 10112RBE3<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     652000 | PA      | $515190.84     | 0.00%             | 2032-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE II                                                               | Huarong Finance II Co Ltd                                                        | CUSIP: 000000000<br>LEI: 549300BHVD63HE2GHX17 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $369612.00     | 0.00%             | 2026-11-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Alleghany Corp                                                                   | Alleghany Corp                                                                   | CUSIP: 017175AD2<br>LEI: 549300DCJE6AYX159479 | Long             | DBT              | CORP              | US        |     100000 | PA      | $97972.00      | 0.00%             | 2044-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Northern Natural Gas Co                                                          | Northern Natural Gas Co                                                          | CUSIP: 665501AL6<br>LEI: 5493007M02M6CT9EXE41 | Long             | DBT              | CORP              | US        |     680000 | PA      | $572417.20     | 0.00%             | 2049-01-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWBH5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   10557541 | PA      | $8930557.06    | 0.04%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CJ6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     785000 | PA      | $727004.20     | 0.00%             | 2029-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MEU4<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     564000 | PA      | $549995.88     | 0.00%             | 2025-05-26      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XCR5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     569000 | PA      | $568362.72     | 0.00%             | 2024-01-17      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| LINDE INC/CT                                                                     | Linde Inc/CT                                                                     | CUSIP: 74005PBT0<br>LEI: ZU69GUVJQGZ6Z1UOOO79 | Long             | DBT              | CORP              | US        |     550000 | PA      | $440935.00     | 0.00%             | 2030-08-10      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06368LAQ9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     680000 | PA      | $681781.60     | 0.00%             | 2027-09-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CF1<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     800000 | PA      | $789176.00     | 0.00%             | 2028-04-24      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                           | CUSIP: 25278XAR0<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     528000 | PA      | $461176.32     | 0.00%             | 2031-03-24      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT                                                         | Interstate Power and Light Co                                                    | CUSIP: 461070AR5<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |     422000 | PA      | $323762.62     | 0.00%             | 2049-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KPY69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6658691 | PA      | $6768016.37    | 0.03%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY SOUTH                                                            | Dominion Energy South Carolina Inc                                               | CUSIP: 837004BX7<br>LEI: 3QRVFYR22IUIEOORTK28 | Long             | DBT              | CORP              | US        |     120000 | PA      | $125750.40     | 0.00%             | 2033-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEQ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20000000 | PA      | $19426562.60   | 0.09%             | 2025-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PED0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     989000 | PA      | $850648.79     | 0.00%             | 2031-05-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOB FUND                                                          | Guardian Life Global Funding                                                     | CUSIP: 40139LBF9<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |     500000 | PA      | $477730.00     | 0.00%             | 2027-03-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                                                          | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |     239000 | PA      | $233177.96     | 0.00%             | 2024-03-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                | CUSIP: 020002BC4<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     548000 | PA      | $485462.24     | 0.00%             | 2046-12-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                                                         | Aon Corp / Aon Global Holdings PLC                                               | CUSIP: 03740LAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     210000 | PA      | $214842.60     | 0.00%             | 2032-09-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                           | Cox Communications Inc                                                           | CUSIP: 224044CG0<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    1165000 | PA      | $1105852.95    | 0.01%             | 2026-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BD3<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     430000 | PA      | $385727.20     | 0.00%             | 2048-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                        | CUSIP: 26885BAB6<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     345000 | PA      | $313235.85     | 0.00%             | 2026-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBV4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     705000 | PA      | $644207.85     | 0.00%             | 2029-07-31      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAL3<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     250000 | PA      | $209157.50     | 0.00%             | 2046-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GXO LOGISTICS INC                                                                | GXO Logistics Inc                                                                | CUSIP: 36262GAB7<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |     946000 | PA      | $823937.62     | 0.00%             | 2026-07-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Stevens Holding Co Inc                                                           | Stevens Holding Co Inc                                                           | CUSIP: 86024TAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     228000 | PA      | $231372.12     | 0.00%             | 2026-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PECO ENERGY CO                                                                   | PECO Energy Co                                                                   | CUSIP: 693304BD8<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     180000 | PA      | $174862.80     | 0.00%             | 2052-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                                                     | Entergy Corp                                                                     | CUSIP: 29364GAN3<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     590000 | PA      | $513388.50     | 0.00%             | 2028-06-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Boardwalk Pipelines LP                                                           | Boardwalk Pipelines LP                                                           | CUSIP: 096630AD0<br>LEI: 549300W6AQ2GHHCGL606 | Long             | DBT              | CORP              | US        |     255000 | PA      | $253299.15     | 0.00%             | 2024-12-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | Edison International                                                             | CUSIP: 281020AR8<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     601000 | PA      | $598668.12     | 0.00%             | 2025-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                                                 | Coca-Cola Co/The                                                                 | CUSIP: 191216CR9<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     650000 | PA      | $634640.50     | 0.00%             | 2027-03-25      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     600000 | PA      | $701790.00     | 0.00%             | 2044-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                                                               | Conagra Brands Inc                                                               | CUSIP: 205887AX0<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     375000 | PA      | $440073.75     | 0.00%             | 2030-09-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                                             | Kaiser Aluminum Corp                                                             | CUSIP: 483007AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     480000 | PA      | $438508.80     | 0.00%             | 2028-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FU7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     670000 | PA      | $581459.50     | 0.00%             | 2031-05-20      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru SA                                                            | Petroleos del Peru SA                                                            | CUSIP: 000000000<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |    1400000 | PA      | $937468.00     | 0.00%             | 2047-06-19      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFM6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     862000 | PA      | $846863.28     | 0.00%             | 2025-01-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 000000000<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     400000 | PA      | $428272.00     | 0.00%             | 2033-04-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QAZ5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    1150000 | PA      | $827172.00     | 0.00%             | 2041-06-02      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 92556HAD9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     795000 | PA      | $683803.35     | 0.00%             | 2032-05-19      | Fixed         | 4.20%                 | No            |                  2 | On Loan: —       |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                               | CUSIP: 832696AM0<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     275000 | PA      | $261937.50     | 0.00%             | 2035-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400HQ9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     685000 | PA      | $688349.65     | 0.00%             | 2027-06-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| INDIANA MICHIGAN POWER                                                           | Indiana Michigan Power Co                                                        | CUSIP: 454889AM8<br>LEI: JHR9V15J0ZRG02MIRD06 | Long             | DBT              | CORP              | US        |      25000 | PA      | $27188.75      | 0.00%             | 2037-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Ascension Health                                                                 | Ascension Health                                                                 | CUSIP: 04351LAB6<br>LEI: 549300IMOY6ECI21DH68 | Long             | DBT              | CORP              | US        |     890000 | PA      | $782728.30     | 0.00%             | 2046-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FL7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     998000 | PA      | $784198.46     | 0.00%             | 2070-02-05      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                                                                      | Exelon Corp                                                                      | CUSIP: 30161NAN1<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     467000 | PA      | $459728.81     | 0.00%             | 2025-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081ET0<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     868000 | PA      | $887998.72     | 0.00%             | 2035-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PECO Energy Co                                                                   | PECO Energy Co                                                                   | CUSIP: 693304AS6<br>LEI: YH65D4JBECK76IFEJ279 | Long             | DBT              | CORP              | US        |     120000 | PA      | $108136.80     | 0.00%             | 2044-10-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                          | Southwestern Electric Power Co                                                   | CUSIP: 845437BN1<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     422000 | PA      | $343326.54     | 0.00%             | 2045-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138Y9SR0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      75854 | PA      | $72034.26      | 0.00%             | 2030-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MAF GLOBAL SECURITIES                                                            | MAF Global Securities Ltd                                                        | CUSIP: 000000000<br>LEI: 54930037VUDNYTS17017 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $593760.00     | 0.00%             | 2024-05-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Transocean Phoenix 2 Ltd                                                         | Transocean Phoenix 2 Ltd                                                         | CUSIP: 893828AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     170000 | PA      | $172305.20     | 0.00%             | 2024-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     910000 | PA      | $809836.30     | 0.00%             | 2026-06-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LET2<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     545000 | PA      | $508572.20     | 0.00%             | 2025-01-10      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE INSURANCE                                                          | New York Life Insurance Co                                                       | CUSIP: 64952GAE8<br>LEI: TAE73CY392TBWJ3O3305 | Long             | DBT              | CORP              | US        |     530000 | PA      | $568684.70     | 0.00%             | 2033-05-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                                                             | Saudi Arabian Oil Co                                                             | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    1600000 | PA      | $1126800.00    | 0.01%             | 2070-11-24      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                                                     | Novelis Corp                                                                     | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     530000 | PA      | $446742.30     | 0.00%             | 2031-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                      | CUSIP: 797440BM5<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     207000 | PA      | $197217.18     | 0.00%             | 2040-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRAVELERS PPTY CASUALTY                                                          | Travelers Property Casualty Corp                                                 | CUSIP: 89420GAE9<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     162000 | PA      | $184467.78     | 0.00%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| GTL Trade Finance Inc                                                            | GTL Trade Finance Inc                                                            | CUSIP: 000000000<br>LEI: 549300PSJEHGXCQ8J374 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $232864.00     | 0.00%             | 2044-04-16      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 96950FAF1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     871000 | PA      | $943954.96     | 0.00%             | 2040-04-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                            | Uber Technologies Inc                                                            | CUSIP: 90353TAC4<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    1110000 | PA      | $1134087.00    | 0.01%             | 2026-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 05531FBH5<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    1248000 | PA      | $1207415.04    | 0.01%             | 2024-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BH6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    1126000 | PA      | $1068483.92    | 0.01%             | 2029-03-07      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                               | Credit Agricole SA                                                               | CUSIP: 22535WAH0<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |     775000 | PA      | $692028.50     | 0.00%             | 2027-01-26      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CT4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1870000 | PA      | $1541665.40    | 0.01%             | 2032-05-24      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                                                         | Sumitomo Mitsui Financial Group Inc                                              | CUSIP: 86562MBC3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     573000 | PA      | $554280.09     | 0.00%             | 2028-07-19      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| WILLIAM CARTER                                                                   | William Carter Co/The                                                            | CUSIP: 96926JAC1<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |     351000 | PA      | $342477.72     | 0.00%             | 2027-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BY0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     400000 | PA      | $372160.00     | 0.00%             | 2027-03-03      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| JIC ZHIXIN LTD                                                                   | JIC Zhixin Ltd                                                                   | CUSIP: 000000000<br>LEI: 635400KSR4PKISBWRJ22 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $365944.00     | 0.00%             | 2025-08-27      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D7F3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   12124107 | PA      | $10640140.11   | 0.05%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DG1<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     600000 | PA      | $476184.00     | 0.00%             | 2031-02-09      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GY3<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     155000 | PA      | $107255.35     | 0.00%             | 2051-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| FORD FOUNDATION/THE                                                              | Ford Foundation/The                                                              | CUSIP: 34531XAB0<br>LEI: 54930013YZ3DULPNNT44 | Long             | DBT              | CORP              | US        |      80000 | PA      | $55059.20      | 0.00%             | 2050-06-01      | Fixed         | 2.42%                 | No            |                  2 | On Loan: —       |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EM6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     445000 | PA      | $380879.95     | 0.00%             | 2051-10-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 05579T5G7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1433000 | PA      | $1411734.28    | 0.01%             | 2024-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                                                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAJ1<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |     180000 | PA      | $153214.20     | 0.00%             | 2043-05-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                                             | Mercedes-Benz Finance North America LLC                                          | CUSIP: 233851BJ2<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |     290000 | PA      | $283266.20     | 0.00%             | 2024-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017CA5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     596000 | PA      | $531190.96     | 0.00%             | 2045-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133GFCG8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4032989 | PA      | $3675587.32    | 0.02%             | 2036-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                                                                 | Spirit Realty LP                                                                 | CUSIP: 84861TAG3<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              |  | US        |      95000 | PA      | $80260.75      | 0.00%             | 2031-02-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CARNIVAL PLC                                                                     | Carnival PLC                                                                     | CUSIP: 693070AD6<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | DBT              | CORP              | GB        |     278000 | PA      | $276020.64     | 0.00%             | 2027-06-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| HUAYI FINANCE I LTD                                                              | Huayi Finance I Ltd                                                              | CUSIP: 000000000<br>LEI: 300300C32XWT5CNXD297 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $189728.00     | 0.00%             | 2024-10-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TUB9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1216653 | PA      | $1200210.63    | 0.01%             | 2048-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                          | CUSIP: 04636NAC7<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |     610000 | PA      | $579231.60     | 0.00%             | 2024-05-28      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| State Board of Administration Finance Corp                                       | FLORIDA ST BRD OF ADMIN FIN CORP REVENUE                                         | CUSIP: 341271AF1<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |     925000 | PA      | $775619.90     | 0.00%             | 2030-07-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                                                                | Iron Mountain Inc                                                                | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     675000 | PA      | $636943.50     | 0.00%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WRKCO INC                                                                        | WRKCo Inc                                                                        | CUSIP: 92940PAG9<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     259000 | PA      | $219795.17     | 0.00%             | 2033-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WDL4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    1185000 | PA      | $1123794.75    | 0.01%             | 2025-01-22      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   79000000 | PA      | $75284531.25   | 0.36%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160AJ3<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |      59000 | PA      | $71693.26      | 0.00%             | 2029-09-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308HY6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     847000 | PA      | $613702.32     | 0.00%             | 2047-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                            | CUSIP: 69371RR40<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     315000 | PA      | $296131.50     | 0.00%             | 2024-08-09      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJN0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     860000 | PA      | $668108.20     | 0.00%             | 2052-03-13      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Appalachian Power Co                                                             | Appalachian Power Co                                                             | CUSIP: 037735CU9<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     104000 | PA      | $100792.64     | 0.00%             | 2025-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83367TBT5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     835000 | PA      | $746690.40     | 0.00%             | 2045-11-24      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| Cardinal Health Inc                                                              | Cardinal Health Inc                                                              | CUSIP: 14149YBE7<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     769000 | PA      | $750720.87     | 0.00%             | 2025-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BX3<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1852000 | PA      | $1668059.36    | 0.01%             | 2026-05-12      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER CO                                                             | Appalachian Power Co                                                             | CUSIP: 037735CZ8<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     270000 | PA      | $230409.90     | 0.00%             | 2031-04-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio Inc                                                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    1095000 | PA      | $1036242.30    | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     600000 | PA      | $620556.00     | 0.00%             | 2028-10-12      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SMC GLOBAL POWER HLDGS                                                           | SMC Global Power Holdings Corp                                                   | CUSIP: 000000000<br>LEI: 549300HBCE80QXKII590 | Long             | DBT              | CORP              | PH        |     400000 | PA      | $312732.00     | 0.00%             | 2026-12-09      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| INVERSIONES CMPC SA                                                              | Inversiones CMPC SA                                                              | CUSIP: 000000000<br>LEI: 549300G475ACIABB4385 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $390124.00     | 0.00%             | 2027-04-04      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DVK38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1313761 | PA      | $1256774.86    | 0.01%             | 2050-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MANITOBA (PROVINCE OF)                                                           | Province of Manitoba Canada                                                      | CUSIP: 563469UL7<br>LEI: 5493003QILFOB3JRKE30 | Long             | DBT              | NUSS              | CA        |    1498000 | PA      | $1405798.10    | 0.01%             | 2026-06-22      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ET5H5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     285017 | PA      | $272275.07     | 0.00%             | 2046-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDY5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     585000 | PA      | $452041.20     | 0.00%             | 2040-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TIMES CHINA HLDG LTD                                                             | Times China Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 2549000KTINB9ZPZP710 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $39446.00      | 0.00%             | 2025-07-08      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                        | CUSIP: 26885BAK6<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     625000 | PA      | $547987.50     | 0.00%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BA9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     517000 | PA      | $481409.72     | 0.00%             | 2043-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                                                          | National Australia Bank Ltd                                                      | CUSIP: 632525BB6<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |     560000 | PA      | $452922.40     | 0.00%             | 2037-01-12      | Fixed         | 3.35%                 | No            |                  2 | On Loan: —       |
| Alabama Power Co                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FR4<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     402000 | PA      | $328840.02     | 0.00%             | 2047-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    1200000 | PA      | $1080648.00    | 0.01%             | 2030-01-14      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AGREE LP                                                                         | Agree LP                                                                         | CUSIP: 008513AA1<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              |  | US        |     206000 | PA      | $175579.98     | 0.00%             | 2030-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167DR1<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     665000 | PA      | $619434.20     | 0.00%             | 2026-08-14      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                                                               | Vodafone Group PLC                                                               | CUSIP: 92857WBV1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     330000 | PA      | $287100.00     | 0.00%             | 2081-06-04      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SHINHAN FINANCIAL GROUP                                                          | Shinhan Financial Group Co Ltd                                                   | CUSIP: 82460Q2A0<br>LEI: 988400EB8A6G49E5KO54 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $189442.00     | 0.00%             | 2030-02-05      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YAW9<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     818000 | PA      | $785860.78     | 0.00%             | 2025-07-16      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPFK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6385496 | PA      | $5999141.58    | 0.03%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Chubb INA Holdings Inc                                                           | Chubb INA Holdings Inc                                                           | CUSIP: 00440EAR8<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     497000 | PA      | $488993.33     | 0.00%             | 2024-05-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PROV OF NEW BRUNSWICK                                                            | Province of New Brunswick Canada                                                 | CUSIP: 642869AM3<br>LEI: 549300POZA55ZTGSOU44 | Long             | DBT              | NUSS              | CA        |     790000 | PA      | $774334.30     | 0.00%             | 2028-02-24      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280AP4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     942000 | PA      | $932495.22     | 0.00%             | 2024-03-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BON SECOURS MERCY                                                                | Bon Secours Mercy Health Inc                                                     | CUSIP: 09778PAC9<br>LEI: 5493006NA7JSVYYYF398 | Long             | DBT              | CORP              | US        |      50000 | PA      | $35712.50      | 0.00%             | 2050-06-01      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                             | Howmet Aerospace Inc                                                             | CUSIP: 443201AA6<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     535000 | PA      | $550638.05     | 0.00%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                                                         | MassMutual Global Funding II                                                     | CUSIP: 57629WDK3<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |     200000 | PA      | $197352.00     | 0.00%             | 2025-08-26      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| RPM International Inc                                                            | RPM International Inc                                                            | CUSIP: 749685AW3<br>LEI: 549300TJCKW4BRXPJ474 | Long             | DBT              | CORP              | US        |     180000 | PA      | $143816.40     | 0.00%             | 2048-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HONDA MOTOR CO LTD                                                               | Honda Motor Co Ltd                                                               | CUSIP: 438127AA0<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |     100000 | PA      | $95242.00      | 0.00%             | 2025-03-10      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418ECQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   44955557 | PA      | $39364838.15   | 0.19%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                                          | GA Global Funding Trust                                                          | CUSIP: 36143L2G9<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |     350000 | PA      | $314604.50     | 0.00%             | 2027-01-06      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TC PipeLines LP                                                                  | TC PipeLines LP                                                                  | CUSIP: 87233QAC2<br>LEI: 6HL0C5LCIE4TN8UZHL06 | Long             | DBT              | CORP              | US        |      92000 | PA      | $88594.16      | 0.00%             | 2027-05-25      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EF6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    1380000 | PA      | $1246526.40    | 0.01%             | 2034-07-24      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| RELIANCE STAND LIFE II                                                           | Reliance Standard Life Global Funding II                                         | CUSIP: 75951AAN8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     210000 | PA      | $192074.40     | 0.00%             | 2027-01-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NORTHEASTERN UNIVERSITY                                                          | Northeastern University                                                          | CUSIP: 664675AT2<br>LEI: 549300I2J5CUY7XEVC78 | Long             | DBT              | CORP              | US        |     353000 | PA      | $251427.78     | 0.00%             | 2050-10-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     400000 | PA      | $26056.00      | 0.00%             | 2024-04-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MICROSTRATEGY INC                                                                | MicroStrategy Inc                                                                | CUSIP: 594972AF8<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |     340000 | PA      | $288925.20     | 0.00%             | 2028-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| STRYKER CORP                                                                     | Stryker Corp                                                                     | CUSIP: 863667BA8<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     370000 | PA      | $341739.40     | 0.00%             | 2025-06-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408GU1<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |      80000 | PA      | $84792.80      | 0.00%             | 2041-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189TAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     110000 | PA      | $117769.30     | 0.00%             | 2025-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GWB6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1854000 | PA      | $1793429.82    | 0.01%             | 2027-01-26      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TransDigm Inc                                                                    | CUSIP: 893647BL0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    1965000 | PA      | $1876535.70    | 0.01%             | 2027-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ameriprise Financial Inc                                                         | Ameriprise Financial Inc                                                         | CUSIP: 03076CAK2<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |      35000 | PA      | $33782.70      | 0.00%             | 2025-04-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHINA MERCHANTS BANK/LUX                                                         | China Merchants Bank Co Ltd/Luxembourg Branch                                    | CUSIP: 000000000<br>LEI: 549300L51ZEIQOS58R74 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $178260.00     | 0.00%             | 2026-09-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335ABF4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      48458 | PA      | $46793.85      | 0.00%             | 2044-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FINNVERA PLC                                                                     | Finnvera Oyj                                                                     | CUSIP: 31808LAD4<br>LEI: 743700T69OBBJO7TCA15 | Long             | DBT              | NUSS              | FI        |     114000 | PA      | $108555.36     | 0.00%             | 2024-10-23      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RAV4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    2720000 | PA      | $2581497.60    | 0.01%             | 2025-01-22      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Ecolab Inc                                                                       | Ecolab Inc                                                                       | CUSIP: 278865BD1<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |     199000 | PA      | $189647.00     | 0.00%             | 2027-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                           | Cox Communications Inc                                                           | CUSIP: 224044BY2<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     636000 | PA      | $553695.24     | 0.00%             | 2042-12-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| M/I HOMES INC                                                                    | M/I Homes Inc                                                                    | CUSIP: 55305BAS0<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |     390000 | PA      | $360118.20     | 0.00%             | 2028-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179MQP8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1171177 | PA      | $1135861.68    | 0.01%             | 2042-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QQ2A2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3968710 | PA      | $3927465.86    | 0.02%             | 2052-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                      | CUSIP: 797440BW3<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     250000 | PA      | $223407.50     | 0.00%             | 2048-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| RENESAS ELECTRONICS CORP                                                         | Renesas Electronics Corp                                                         | CUSIP: 75972BAB7<br>LEI: 5299000EPC47VJQOFB81 | Long             | DBT              | CORP              | JP        |    1145000 | PA      | $1002539.10    | 0.00%             | 2026-11-25      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| Agilent Technologies Inc                                                         | Agilent Technologies Inc                                                         | CUSIP: 00846UAK7<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |     510000 | PA      | $482954.70     | 0.00%             | 2026-09-22      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CG9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1098000 | PA      | $1055880.72    | 0.01%             | 2029-04-13      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137BHCY1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    6206634 | PA      | $6002754.99    | 0.03%             | 2025-01-25      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                              | CUSIP: 002824BH2<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    1946000 | PA      | $2031118.04    | 0.01%             | 2046-11-30      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| VOC Escrow Ltd                                                                   | VOC Escrow Ltd                                                                   | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     470000 | PA      | $413632.90     | 0.00%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAJ0<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     331000 | PA      | $301964.68     | 0.00%             | 2046-02-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CC7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     165000 | PA      | $160797.45     | 0.00%             | 2024-03-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                               | CUSIP: 832696AU2<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     980000 | PA      | $802139.80     | 0.00%             | 2032-03-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: —       |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EWF2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     180000 | PA      | $175732.20     | 0.00%             | 2025-06-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                                                                | Cisco Systems Inc                                                                | CUSIP: 17275RAW2<br>LEI: 8E6NF1YAL0WT6CWXXV93 | Long             | DBT              | CORP              | US        |     290000 | PA      | $285589.10     | 0.00%             | 2025-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                                                    | Allstate Corp/The                                                                | CUSIP: 020002BD2<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     441000 | PA      | $425604.69     | 0.00%             | 2026-12-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769HX5<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    5973000 | PA      | $5840279.94    | 0.03%             | 2024-02-28      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                      | CUSIP: 29446MAJ1<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |    1685000 | PA      | $1564455.10    | 0.01%             | 2026-01-22      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                                                             | Republic of Italy Government International Bond                                  | CUSIP: 465410BZ0<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    1462000 | PA      | $1105725.22    | 0.01%             | 2049-10-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BM1<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    1760000 | PA      | $1626468.80    | 0.01%             | 2050-03-25      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KOREA EXPRESSWAY CORP                                                            | Korea Expressway Corp                                                            | CUSIP: 000000000<br>LEI: 988400EZO9DR1OFL5772 | Long             | DBT              | NUSS              | KR        |     800000 | PA      | $708728.00     | 0.00%             | 2026-05-17      | Fixed         | 1.13%                 | No            |                  2 | On Loan: —       |
| Leggett & Platt Inc                                                              | Leggett & Platt Inc                                                              | CUSIP: 524660AZ0<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | DBT              | CORP              | US        |     401000 | PA      | $389166.49     | 0.00%             | 2029-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Oglethorpe Power Corp                                                            | Oglethorpe Power Corp                                                            | CUSIP: 677052AA0<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |     115000 | PA      | $110670.25     | 0.00%             | 2040-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Lear Corp                                                                        | Lear Corp                                                                        | CUSIP: 521865BA2<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     280000 | PA      | $263622.80     | 0.00%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                                                   | Whirlpool Corp                                                                   | CUSIP: 963320AX4<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     455000 | PA      | $392583.10     | 0.00%             | 2050-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: —       |
| SABRE GLBL INC                                                                   | Sabre GLBL Inc                                                                   | CUSIP: 78573NAF9<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |     575000 | PA      | $568180.50     | 0.00%             | 2025-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                                                            | Vale Overseas Ltd                                                                | CUSIP: 91911TAP8<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |     916000 | PA      | $955955.92     | 0.00%             | 2026-08-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189TAX2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     183000 | PA      | $206894.31     | 0.00%             | 2036-08-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| PT Pertamina (Persero)                                                           | Pertamina Persero PT                                                             | CUSIP: 69370RAD9<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     600000 | PA      | $556746.00     | 0.00%             | 2029-07-30      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308KE6<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     600000 | PA      | $595476.00     | 0.00%             | 2025-06-08      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| YALE UNIVERSITY                                                                  | Yale University                                                                  | CUSIP: 98459LAC7<br>LEI: 9SFB6DIM0FRWV0EV8S84 | Long             | DBT              | CORP              | US        |     413000 | PA      | $285444.95     | 0.00%             | 2050-04-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RBA9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     357000 | PA      | $365789.34     | 0.00%             | 2041-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CD&R SMOKEY BUYER INC                                                            | CD&R Smokey Buyer Inc                                                            | CUSIP: 12510CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     460000 | PA      | $417344.20     | 0.00%             | 2025-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WEA5<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     210000 | PA      | $198214.80     | 0.00%             | 2025-01-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| TECK RESOURCES LIMITED                                                           | Teck Resources Ltd                                                               | CUSIP: 878742AW5<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | DBT              | CORP              | CA        |     246000 | PA      | $259879.32     | 0.00%             | 2041-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150AM6<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |     515000 | PA      | $506739.40     | 0.00%             | 2025-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     805000 | PA      | $788722.90     | 0.00%             | 2033-08-05      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAC1<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |    1211000 | PA      | $1176038.43    | 0.01%             | 2027-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| State of Israel                                                                  | Israel Government International Bond                                             | CUSIP: 46513YJH2<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |     600000 | PA      | $575352.00     | 0.00%             | 2028-01-17      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Republic of El Salvador                                                          | El Salvador Government International Bond                                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     373000 | PA      | $200916.45     | 0.00%             | 2029-02-28      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| ARCHER-DANIELS-MIDLAND C                                                         | Archer-Daniels-Midland Co                                                        | CUSIP: 039483BE1<br>LEI: 549300LO13MQ9HYSTR83 | Long             | DBT              | CORP              | US        |     122000 | PA      | $117312.76     | 0.00%             | 2042-03-26      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT WTR & PWR REVENUE                                            | CUSIP: 544495UG7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     445000 | PA      | $502062.35     | 0.00%             | 2039-07-01      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| NTPC Ltd                                                                         | NTPC Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800Q4TRGJXNLVMB81 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $196558.00     | 0.00%             | 2024-11-26      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Puget Sound Energy Inc                                                           | Puget Sound Energy Inc                                                           | CUSIP: 745332CA2<br>LEI: 8MNFJR7KOMBQ7X62LK44 | Long             | DBT              | CORP              | US        |     414000 | PA      | $435759.84     | 0.00%             | 2039-10-01      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc                                                                   | Bombardier Inc                                                                   | CUSIP: 097751BT7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    1525000 | PA      | $1524984.75    | 0.01%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833AL4<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    2202000 | PA      | $1999834.38    | 0.01%             | 2043-05-04      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664CX7<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     892000 | PA      | $606221.04     | 0.00%             | 2051-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORP                                                                  | Murphy Oil Corp                                                                  | CUSIP: 626717AM4<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |     380000 | PA      | $374695.20     | 0.00%             | 2027-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370BR0<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     375000 | PA      | $386666.25     | 0.00%             | 2046-11-01      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WDN8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     380000 | PA      | $346879.20     | 0.00%             | 2025-09-10      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967MQ1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    2137000 | PA      | $2048421.35    | 0.01%             | 2026-04-08      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                                                              | Quanta Services Inc                                                              | CUSIP: 74762EAH5<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |     430000 | PA      | $343926.90     | 0.00%             | 2032-01-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EWM7<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     200000 | PA      | $200230.00     | 0.00%             | 2024-10-11      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Pernod Ricard SA                                                                 | Pernod Ricard SA                                                                 | CUSIP: 714264AM0<br>LEI: 52990097YFPX9J0H5D87 | Long             | DBT              | CORP              | FR        |     400000 | PA      | $381808.00     | 0.00%             | 2026-06-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EH6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    1705000 | PA      | $1580978.30    | 0.01%             | 2032-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                          | HCA Inc                                                                          | CUSIP: 404119BN8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1111000 | PA      | $1108400.26    | 0.01%             | 2024-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SARANA MULTI INFRASTRUKT                                                         | Sarana Multi Infrastruktur Persero PT                                            | CUSIP: 000000000<br>LEI: 2549005VY8H69J0NP032 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $176206.00     | 0.00%             | 2026-05-11      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| ADTALEM GLOBAL EDUCATION                                                         | Adtalem Global Education Inc                                                     | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |     313000 | PA      | $291615.84     | 0.00%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                                         | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     485000 | PA      | $409238.15     | 0.00%             | 2029-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| US BANCORP                                                                       | US Bancorp                                                                       | CUSIP: 91159HJA9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    1136000 | PA      | $922170.72     | 0.00%             | 2030-07-22      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| International Paper Co                                                           | International Paper Co                                                           | CUSIP: 460146CQ4<br>LEI: 824LMFJDH41EY779Q875 | Long             | DBT              | CORP              | US        |     595000 | PA      | $531216.00     | 0.00%             | 2047-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TKD6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     540000 | PA      | $543650.40     | 0.00%             | 2029-06-29      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CUMMINS INC                                                                      | Cummins Inc                                                                      | CUSIP: 231021AS5<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |     235000 | PA      | $158291.30     | 0.00%             | 2050-09-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335AUF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      85200 | PA      | $82192.74      | 0.00%             | 2046-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WFHS8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     224061 | PA      | $216076.20     | 0.00%             | 2045-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BRAND INDUSTRIAL SERVICE                                                         | Brand Industrial Services Inc                                                    | CUSIP: 10524PAB6<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |     693000 | PA      | $567047.25     | 0.00%             | 2025-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| Enbridge Inc                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NAM7<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     528000 | PA      | $534943.20     | 0.00%             | 2046-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JA9<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |      30000 | PA      | $25965.60      | 0.00%             | 2042-10-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAN6<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     470000 | PA      | $417416.40     | 0.00%             | 2028-04-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                                    | Parkland Corp                                                                    | CUSIP: 70137WAG3<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |     550000 | PA      | $473968.00     | 0.00%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP                                                               | Mattamy Group Corp                                                               | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |     390000 | PA      | $329210.70     | 0.00%             | 2030-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MOSS CREEK RESOURCES HLD                                                         | Moss Creek Resources Holdings Inc                                                | CUSIP: 61965RAA3<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |     395000 | PA      | $364833.85     | 0.00%             | 2026-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172AM1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     693000 | PA      | $609396.48     | 0.00%             | 2041-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CITIZENS BANK NA/RI                                                              | Citizens Bank NA/Providence RI                                                   | CUSIP: 75524KPT5<br>LEI: DRMSV1Q0EKMEXLAU1P80 | Long             | DBT              | CORP              | US        |     270000 | PA      | $274525.20     | 0.00%             | 2025-10-24      | Fixed         | 6.06%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KBW9<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     567000 | PA      | $496731.69     | 0.00%             | 2028-06-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| GLENCORE FINANCE CANADA                                                          | Glencore Finance Canada Ltd                                                      | CUSIP: 98417EAR1<br>LEI: 5493005TTO0UJ33KCK70 | Long             | DBT              | CORP              | CA        |     320000 | PA      | $307100.80     | 0.00%             | 2042-10-25      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| GRUPO INVERSIONES SURAME                                                         | Grupo de Inversiones Suramericana SA                                             | CUSIP: 000000000<br>LEI: 549300AC1Q176TZL0305 | Long             | DBT              | CORP              | CO        |     600000 | PA      | $583740.00     | 0.00%             | 2026-04-29      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| MPT OPER PARTNERSP/FINL                                                          | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              |  | US        |     880000 | PA      | $620012.80     | 0.00%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WKQ84<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      92548 | PA      | $86079.45      | 0.00%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                           | CUSIP: 40434LAJ4<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     912000 | PA      | $740024.16     | 0.00%             | 2031-06-17      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORP                                                                 | Boyd Gaming Corp                                                                 | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |     630000 | PA      | $565840.80     | 0.00%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844BH0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     290000 | PA      | $281822.00     | 0.00%             | 2041-10-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122DL9<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     988000 | PA      | $960899.16     | 0.00%             | 2048-02-20      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                                                         | Performance Food Group Inc                                                       | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |     770000 | PA      | $743088.50     | 0.00%             | 2027-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 94973VAY3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     655000 | PA      | $630457.15     | 0.00%             | 2042-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMSA2<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      13133 | PA      | $12714.06      | 0.00%             | 2029-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| eG Global Finance PLC                                                            | eG Global Finance PLC                                                            | CUSIP: 28228PAA9<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |     525000 | PA      | $486858.75     | 0.00%             | 2025-02-07      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                         | Mars Inc                                                                         | CUSIP: 571676AF2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     965000 | PA      | $848649.95     | 0.00%             | 2049-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                                                        | Apple Inc                                                                        | CUSIP: 037833DB3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1166000 | PA      | $1106907.12    | 0.01%             | 2027-09-12      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAL8<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |      85000 | PA      | $80551.10      | 0.00%             | 2024-06-14      | Fixed         | 0.58%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAZ4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     135000 | PA      | $125641.80     | 0.00%             | 2027-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| FLNG LIQUEFACTION 2 LLC                                                          | FLNG Liquefaction 2 LLC                                                          | CUSIP: 33972PAA7<br>LEI: 5493008RXZY6NJ5WF161 | Long             | DBT              | CORP              | US        |      92810 | PA      | $82028.75      | 0.00%             | 2038-03-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                               | CUSIP: 207597EM3<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     435000 | PA      | $391817.55     | 0.00%             | 2025-12-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co                                                                 | Georgia Power Co                                                                 | CUSIP: 373334KE0<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |      20000 | PA      | $19178.80      | 0.00%             | 2026-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WASH MULTIFAM ACQ INC                                                            | WASH Multifamily Acquisition Inc                                                 | CUSIP: 93710WAA3<br>LEI: 549300AS7PRY5PHG6L12 | Long             | DBT              | CORP              | US        |     510000 | PA      | $472132.50     | 0.00%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                                                         | Cheniere Energy Partners LP                                                      | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    1195000 | PA      | $1121543.35    | 0.01%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Southwest Airlines Co                                                            | Southwest Airlines Co                                                            | CUSIP: 844741BE7<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |     376000 | PA      | $355079.36     | 0.00%             | 2027-11-16      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| TRI POINTE GROUP / HOMES                                                         | TRI Pointe Group Inc / TRI Pointe Homes Inc                                      | CUSIP: 962178AN9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     267000 | PA      | $266423.28     | 0.00%             | 2024-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QHQ57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3210858 | PA      | $2926383.96    | 0.01%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ERP Operating LP                                                                 | ERP Operating LP                                                                 | CUSIP: 26884ABF9<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     609000 | PA      | $572861.94     | 0.00%             | 2026-11-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDINGS INC                                                              | Nomura Holdings Inc                                                              | CUSIP: 65535HAP4<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |     905000 | PA      | $861098.45     | 0.00%             | 2025-01-16      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804GC2<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     334000 | PA      | $257363.70     | 0.00%             | 2049-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CJ4<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    1400000 | PA      | $1216894.00    | 0.01%             | 2030-05-05      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD                                                         | Alimentation Couche-Tard Inc                                                     | CUSIP: 01626PAM8<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |     453000 | PA      | $396057.90     | 0.00%             | 2030-01-25      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Enova International Inc                                                          | Enova International Inc                                                          | CUSIP: 29357KAF0<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |     276000 | PA      | $262575.36     | 0.00%             | 2025-09-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                       | CUSIP: 444859BT8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     725000 | PA      | $683109.50     | 0.00%             | 2029-03-23      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044DJ7<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     402000 | PA      | $388806.36     | 0.00%             | 2027-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                                                             | Colombia Government International Bond                                           | CUSIP: 195325EG6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     402000 | PA      | $399362.88     | 0.00%             | 2034-02-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Halliburton Co                                                                   | Halliburton Co                                                                   | CUSIP: 406216AY7<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |     429000 | PA      | $515374.86     | 0.00%             | 2039-09-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| TIMKEN CO                                                                        | Timken Co/The                                                                    | CUSIP: 887389AL8<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | DBT              | CORP              | US        |     310000 | PA      | $286285.00     | 0.00%             | 2032-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                                            | Continental Resources Inc/OK                                                     | CUSIP: 212015AQ4<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     579000 | PA      | $461491.95     | 0.00%             | 2044-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109BL7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     110000 | PA      | $94102.80      | 0.00%             | 2032-12-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| TRUSTEES PRINCETON UNIV                                                          | Trustees of Princeton University/The                                             | CUSIP: 89837LAG0<br>LEI: 549300PJZYINN64GDJ90 | Long             | DBT              | CORP              | US        |     568000 | PA      | $406494.88     | 0.00%             | 2050-07-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWBG7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4714864 | PA      | $3780890.60    | 0.02%             | 2051-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                                                          | Arthur J Gallagher & Co                                                          | CUSIP: 04316JAB5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     460000 | PA      | $314686.00     | 0.00%             | 2052-03-09      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE                             | CUSIP: 913366DF4<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |    1260000 | PA      | $1535108.40    | 0.01%             | 2049-05-15      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| MGIC INVESTMENT CORP                                                             | MGIC Investment Corp                                                             | CUSIP: 552848AG8<br>LEI: 254900S8483WM4M98R28 | Long             | DBT              | CORP              | US        |     495000 | PA      | $466443.45     | 0.00%             | 2028-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DPN87<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    7000000 | PA      | $6814834.25    | 0.03%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN WATER CAPITAL C                                                         | American Water Capital Corp                                                      | CUSIP: 03040WAJ4<br>LEI: 5IDHQUFVC8Q2KIBBFF06 | Long             | DBT              | CORP              | US        |     326000 | PA      | $301455.46     | 0.00%             | 2042-12-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 69370RAF4<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $355036.00     | 0.00%             | 2030-01-21      | Fixed         | 3.10%                 | No            |                  2 | On Loan: —       |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756BZ2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    2250000 | PA      | $2189385.00    | 0.01%             | 2028-01-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAE3<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    2045000 | PA      | $1972136.65    | 0.01%             | 2025-03-15      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP                                                           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBN6<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     550000 | PA      | $549642.50     | 0.00%             | 2029-02-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO G & E                                                                  | San Diego Gas & Electric Co                                                      | CUSIP: 797440CA0<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |     420000 | PA      | $305949.00     | 0.00%             | 2051-08-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EY5<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     900000 | PA      | $651483.00     | 0.00%             | 2041-11-18      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN                                                         | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |     245000 | PA      | $218971.20     | 0.00%             | 2028-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081EQ6<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     260000 | PA      | $284390.60     | 0.00%             | 2034-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                                                      | Apache Corp                                                                      | CUSIP: 037411AW5<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     916000 | PA      | $798944.36     | 0.00%             | 2040-09-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818ES3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     336000 | PA      | $330496.32     | 0.00%             | 2025-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05964HAL9<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |     963000 | PA      | $867374.10     | 0.00%             | 2026-03-25      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY FLORIDA LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 26444HAK7<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     780000 | PA      | $663522.60     | 0.00%             | 2031-12-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                            | Tennessee Valley Authority                                                       | CUSIP: 880591EU2<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |     250000 | PA      | $240807.50     | 0.00%             | 2027-02-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| EUROPEAN INVESTMENT BANK                                                         | European Investment Bank                                                         | CUSIP: 298785JG2<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    2080000 | PA      | $1881838.40    | 0.01%             | 2025-12-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DAL3<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     332000 | PA      | $329211.20     | 0.00%             | 2026-03-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236THW8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |      15000 | PA      | $13571.70      | 0.00%             | 2026-01-09      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CS3<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1600000 | PA      | $1530192.00    | 0.01%             | 2030-10-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| OIL & GAS HOLDING                                                                | Oil and Gas Holding Co BSCC/The                                                  | CUSIP: 000000000<br>LEI: 549300OBH16L6TS6IW50 | Long             | DBT              | CORP              | BH        |     400000 | PA      | $428116.00     | 0.00%             | 2028-11-07      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                                                             | Freeport-McMoRan Inc                                                             | CUSIP: 35671DCC7<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     465000 | PA      | $461163.75     | 0.00%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHARJAH SUKUK PROGRAM                                                            | Sharjah Sukuk Program Ltd                                                        | CUSIP: 000000000<br>LEI: 549300N3BQ9P6RRMVV02 | Long             | DBT              | NUSS              | KY        |     400000 | PA      | $345060.00     | 0.00%             | 2031-07-13      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                                                      | Viatris Inc                                                                      | CUSIP: 92556VAE6<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |     938000 | PA      | $684411.70     | 0.00%             | 2040-06-22      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   25000000 | PA      | $25292968.75   | 0.12%             | 2027-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418DTN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1123051 | PA      | $1055705.61    | 0.01%             | 2035-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAJ3<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     561000 | PA      | $548573.85     | 0.00%             | 2024-05-08      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENCINO ACQUISITION PARTN                                                         | Encino Acquisition Partners Holdings LLC                                         | CUSIP: 29254BAA5<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |     450000 | PA      | $422122.50     | 0.00%             | 2028-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAP6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     775000 | PA      | $760600.50     | 0.00%             | 2028-03-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132A8TN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8866591 | PA      | $8575270.30    | 0.04%             | 2030-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                     | ING Groep NV                                                                     | CUSIP: 45685NAA4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    1190000 | PA      | $1186894.10    | 0.01%             | 2026-01-06      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PERKINELMER INC                                                                  | PerkinElmer Inc                                                                  | CUSIP: 714046AJ8<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |     260000 | PA      | $193076.00     | 0.00%             | 2051-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748AX0<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     505000 | PA      | $493829.40     | 0.00%             | 2025-03-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc                                                            | Applied Materials Inc                                                            | CUSIP: 038222AK1<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | DBT              | CORP              | US        |     882000 | PA      | $929204.64     | 0.00%             | 2035-10-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418C3D4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     397144 | PA      | $389577.59     | 0.00%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                                                             | Lockheed Martin Corp                                                             | CUSIP: 539830BS7<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     505000 | PA      | $463201.15     | 0.00%             | 2053-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280BZ1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1640000 | PA      | $1609922.40    | 0.01%             | 2025-03-11      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| PORT OF NEWCASTLE INVEST                                                         | Port of Newcastle Investments Financing Pty Ltd                                  | CUSIP: 734865AA6<br>LEI: 549300VVWVQBDM9L8K30 | Long             | DBT              | CORP              | AU        |      30000 | PA      | $26061.60      | 0.00%             | 2031-11-24      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Church & Dwight Co Inc                                                           | Church & Dwight Co Inc                                                           | CUSIP: 171340AL6<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |     399000 | PA      | $338328.06     | 0.00%             | 2047-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                                                      | Truist Bank                                                                      | CUSIP: 86787EBC0<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |     454000 | PA      | $446563.48     | 0.00%             | 2024-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| MAIN STREET CAPITAL CORP                                                         | Main Street Capital Corp                                                         | CUSIP: 56035LAE4<br>LEI: 5493001FS9QJLJNF3E20 | Long             | DBT              | CORP              | US        |     855000 | PA      | $753306.30     | 0.00%             | 2026-07-14      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J7WU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     200613 | PA      | $194269.74     | 0.00%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138MFPY7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      42220 | PA      | $40687.50      | 0.00%             | 2027-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| STATE OF QATAR                                                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    3400000 | PA      | $3228232.00    | 0.02%             | 2050-04-16      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                                                         | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     330000 | PA      | $315681.30     | 0.00%             | 2026-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                                                               | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |     360000 | PA      | $350139.60     | 0.00%             | 2030-06-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAU5<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     515000 | PA      | $462166.15     | 0.00%             | 2026-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 168863DU9<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     600000 | PA      | $394764.00     | 0.00%             | 2071-09-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                             | Howmet Aerospace Inc                                                             | CUSIP: 022249AU0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     200000 | PA      | $209774.00     | 0.00%             | 2028-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                                                                | Clean Harbors Inc                                                                | CUSIP: 184496AP2<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |     160000 | PA      | $153940.80     | 0.00%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MIDAMERICAN ENERGY CO                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AV7<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     378000 | PA      | $290500.56     | 0.00%             | 2050-04-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                                                                | Union Electric Co                                                                | CUSIP: 906548CR1<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     131000 | PA      | $118662.42     | 0.00%             | 2030-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179R7H6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     665908 | PA      | $622534.13     | 0.00%             | 2046-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RAS LAFFAN LNG 3                                                                 | Ras Laffan Liquefied Natural Gas Co Ltd 3                                        | CUSIP: 75405UAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | QA        |    1038232 | PA      | $1054034.40    | 0.01%             | 2027-09-30      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| XLIT Ltd                                                                         | XLIT Ltd                                                                         | CUSIP: 98420EAB1<br>LEI: 635400XCGXK8NVDIVE95 | Long             | DBT              | CORP              | KY        |     353000 | PA      | $368228.42     | 0.00%             | 2043-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KKNC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     686770 | PA      | $606452.51     | 0.00%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OTIS WORLDWIDE CORP                                                              | Otis Worldwide Corp                                                              | CUSIP: 68902VAM9<br>LEI: 549300ZLBKR8VSU25153 | Long             | DBT              | CORP              | US        |     730000 | PA      | $552865.50     | 0.00%             | 2050-02-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                                           | Comstock Resources Inc                                                           | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     875000 | PA      | $806163.75     | 0.00%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                                                 | MGM Resorts International                                                        | CUSIP: 552953CF6<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     478000 | PA      | $461771.90     | 0.00%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HNJ5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1788000 | PA      | $1765989.72    | 0.01%             | 2027-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TFS9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |      90000 | PA      | $88749.90      | 0.00%             | 2024-01-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| GUOREN P&C INSURANCE                                                             | Guoren Property & Casualty Insurance Co Ltd                                      | CUSIP: 000000000<br>LEI: 300300F1001211000064 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $350320.00     | 0.00%             | 2026-06-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VCZ5<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |      35000 | PA      | $32492.95      | 0.00%             | 2055-03-15      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| HYUNDAI MOTOR MANU INDO                                                          | Hyundai Motor Manufacturing Indonesia PT                                         | CUSIP: 000000000<br>LEI: 254900KOD0FA9PVF3N64 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $174454.00     | 0.00%             | 2026-05-06      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05583JAK8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |     815000 | PA      | $720574.10     | 0.00%             | 2027-10-19      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO                                                                     | Evergy Metro Inc                                                                 | CUSIP: 485134BM1<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |     325000 | PA      | $330635.50     | 0.00%             | 2041-10-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| HUTCHISON WHAM INT 03/33                                                         | Hutchison Whampoa International 03/33 Ltd                                        | CUSIP: 44841SAC3<br>LEI: 254900B7MU61GFDN5511 | Long             | DBT              | CORP              | KY        |     150000 | PA      | $182145.00     | 0.00%             | 2033-11-24      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| EVERGY KANSAS CENTRAL                                                            | Evergy Kansas Central Inc                                                        | CUSIP: 30036FAA9<br>LEI: J75GNWGEO73W89ZV3S44 | Long             | DBT              | CORP              | US        |     180000 | PA      | $140806.80     | 0.00%             | 2050-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                                                     | ADT Security Corp/The                                                            | CUSIP: 74166NAA2<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |     710000 | PA      | $634789.70     | 0.00%             | 2032-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                                                   | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAS2<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |     200000 | PA      | $196114.00     | 0.00%             | 2025-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AQ8<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     275000 | PA      | $262446.25     | 0.00%             | 2027-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CONTEMPRY RUIDNG DEVELOP                                                         | Contemporary Ruiding Development Ltd                                             | CUSIP: 000000000<br>LEI: 549300MSU00BINFBY870 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $169172.00     | 0.00%             | 2030-09-17      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   29590000 | PA      | $30338996.88   | 0.15%             | 2029-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WELLTEC INTERNATIONAL                                                            | Welltec International ApS                                                        | CUSIP: 95039LAA6<br>LEI: 549300MW4UJ1X7Q4F350 | Long             | DBT              | CORP              | DK        |     200000 | PA      | $201676.00     | 0.00%             | 2026-10-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| MDGH GMTN RSC LTD                                                                | MDGH GMTN RSC Ltd                                                                | CUSIP: 44985GAE1<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $245486.00     | 0.00%             | 2041-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| KLABIN AUSTRIA GMBH                                                              | Klabin Austria GmbH                                                              | CUSIP: 000000000<br>LEI: 984500578YEA8DD41B09 | Long             | DBT              | CORP              | AT        |     400000 | PA      | $404628.00     | 0.00%             | 2049-04-03      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                                                  | Sands China Ltd                                                                  | CUSIP: 80007RAS4<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $334960.00     | 0.00%             | 2031-08-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Highwoods Realty LP                                                              | Highwoods Realty LP                                                              | CUSIP: 431282AR3<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              |  | US        |     290000 | PA      | $257662.10     | 0.00%             | 2029-04-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CMB INTERNATIONAL LEASIN                                                         | CMB International Leasing Management Ltd                                         | CUSIP: 000000000<br>LEI: 5493003RO1EBM4E5IG13 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $164316.00     | 0.00%             | 2031-02-04      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC CO                                                                | NSTAR Electric Co                                                                | CUSIP: 67021CAP2<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     153000 | PA      | $147762.81     | 0.00%             | 2030-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTL 19 II                                                          | CK Hutchison International 19 II Ltd                                             | CUSIP: 12563DAA3<br>LEI: 2549000ZHWNMHC09DR77 | Long             | DBT              | CORP              | KY        |    1410000 | PA      | $1253490.00    | 0.01%             | 2029-09-06      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Park-Ohio Industries Inc                                                         | Park-Ohio Industries Inc                                                         | CUSIP: 700677AR8<br>LEI: 5493006LQUO5SLMNYM18 | Long             | DBT              | CORP              | US        |     285000 | PA      | $211036.80     | 0.00%             | 2027-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081CY7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    1499000 | PA      | $1923082.09    | 0.01%             | 2039-03-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| BANK OF CHINA/LONDON                                                             | Bank of China Ltd/London                                                         | CUSIP: 000000000<br>LEI: 54930053HGCFWVHYZX42 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $375536.00     | 0.00%             | 2024-11-02      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| CROWN AMER/CAP CORP VI                                                           | Crown Americas LLC / Crown Americas Capital Corp VI                              | CUSIP: 228187AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     609000 | PA      | $594231.75     | 0.00%             | 2026-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 1/2                                                          | Scentre Group Trust 1 / Scentre Group Trust 2                                    | CUSIP: 806213AB0<br>LEI: N/A                  | Long             | DBT              |  | AU        |     345000 | PA      | $332883.60     | 0.00%             | 2025-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179VBG4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1866266 | PA      | $1786279.67    | 0.01%             | 2049-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                                                           | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     355000 | PA      | $292807.55     | 0.00%             | 2029-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                        | CUSIP: 682680AX1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     480000 | PA      | $463080.00     | 0.00%             | 2024-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828X88<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   23880000 | PA      | $22654284.49   | 0.11%             | 2027-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967KU4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1185000 | PA      | $1136474.25    | 0.01%             | 2028-07-25      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                                                          | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     510000 | PA      | $470016.00     | 0.00%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Transelec SA                                                                     | Transelec SA                                                                     | CUSIP: 89366LAE4<br>LEI: 549300DPF7MAL5F6CR86 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $368760.00     | 0.00%             | 2029-01-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                                                              | Rockwell Automation Inc                                                          | CUSIP: 773903AM1<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |     295000 | PA      | $194779.65     | 0.00%             | 2061-08-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                                                         | National Australia Bank Ltd/New York                                             | CUSIP: 63253QAA2<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |     530000 | PA      | $536391.80     | 0.00%             | 2026-01-12      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| NETWORK I2I LTD                                                                  | Network i2i Ltd                                                                  | CUSIP: 000000000<br>LEI: 2549003L8M1FGHLHOX45 | Long             | DBT              | CORP              | MU        |     400000 | PA      | $362360.00     | 0.00%             | 2026-03-03      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| PACCAR FINANCIAL CORP                                                            | PACCAR Financial Corp                                                            | CUSIP: 69371RR32<br>LEI: PH3S12DWZBHHQKVYZ297 | Long             | DBT              | CORP              | US        |     240000 | PA      | $216410.40     | 0.00%             | 2026-05-11      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                                                           | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     350000 | PA      | $350014.00     | 0.00%             | 2027-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CHICAGO                                                            | University of Chicago/The                                                        | CUSIP: 91412NBG4<br>LEI: 54930099Y7GU6182V326 | Long             | DBT              | CORP              | US        |     155000 | PA      | $114455.10     | 0.00%             | 2052-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    2739000 | PA      | $2797368.09    | 0.01%             | 2050-05-01      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN INVEST CO                                                         | Inter-American Investment Corp                                                   | CUSIP: 45828Q2A4<br>LEI: 5493001X4LH60PFRL744 | Long             | DBT              | NUSS              | XX        |     400000 | PA      | $385384.00     | 0.00%             | 2025-04-22      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RQ28<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      55853 | PA      | $54069.96      | 0.00%             | 2045-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    1500000 | PA      | $97920.00      | 0.00%             | 2032-03-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCY9<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     680000 | PA      | $685814.00     | 0.00%             | 2034-02-01      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     900000 | PA      | $883035.00     | 0.00%             | 2044-04-30      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   26163400 | PA      | $21016568.66   | 0.10%             | 2046-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBE5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2587000 | PA      | $2260494.73    | 0.01%             | 2030-10-15      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| Church & Dwight Co Inc                                                           | Church & Dwight Co Inc                                                           | CUSIP: 171340AN2<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |     425000 | PA      | $405144.00     | 0.00%             | 2027-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QBR75<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1953793 | PA      | $1811734.90    | 0.01%             | 2049-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                                         | Fox Corp                                                                         | CUSIP: 35137LAG0<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    1395000 | PA      | $1380910.50    | 0.01%             | 2024-01-25      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LTD                                                                  | Mizuho Bank Ltd                                                                  | CUSIP: 60688XAU4<br>LEI: RB0PEZSDGCO3JS6CEU02 | Long             | DBT              | CORP              | JP        |      75000 | PA      | $72405.75      | 0.00%             | 2025-03-26      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                     | CUSIP: 174610AT2<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1082880.00    | 0.01%             | 2030-04-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AON GLOBAL LTD                                                                   | Aon Global Ltd                                                                   | CUSIP: 00185AAH7<br>LEI: VVT2B79I2Z4U3R6BY589 | Long             | DBT              | CORP              | GB        |     312000 | PA      | $293638.80     | 0.00%             | 2045-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                                                 | CSC Holdings LLC                                                                 | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     647000 | PA      | $472659.38     | 0.00%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCU8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1835000 | PA      | $1572962.00    | 0.01%             | 2033-01-25      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128283V0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   13300000 | PA      | $12869828.13   | 0.06%             | 2025-01-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBV1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     335000 | PA      | $318802.75     | 0.00%             | 2027-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| UNUM GROUP                                                                       | Unum Group                                                                       | CUSIP: 91529YAR7<br>LEI: 549300E32YFDO6TZ8R31 | Long             | DBT              | CORP              | US        |     115000 | PA      | $86552.45      | 0.00%             | 2051-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385AJ0<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     190000 | PA      | $199733.70     | 0.00%             | 2037-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CBB9<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     425000 | PA      | $367625.00     | 0.00%             | 2031-04-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| ATLANTICA SUSTAIN INFRA                                                          | Atlantica Sustainable Infrastructure PLC                                         | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |     245000 | PA      | $218290.10     | 0.00%             | 2028-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KY6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     530000 | PA      | $532385.00     | 0.00%             | 2033-02-06      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RHW5<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     287000 | PA      | $279268.22     | 0.00%             | 2027-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV                                                         | Asian Infrastructure Investment Bank/The                                         | CUSIP: 04522KAH9<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | XX        |      20000 | PA      | $19826.40      | 0.00%             | 2027-09-14      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                       | Intel Corp                                                                       | CUSIP: 458140AN0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     616000 | PA      | $584959.76     | 0.00%             | 2032-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFW6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   30000000 | PA      | $30452343.90   | 0.15%             | 2025-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 3130AFFX0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    1205000 | PA      | $1179779.35    | 0.01%             | 2028-11-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                                         | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     560000 | PA      | $570651.20     | 0.00%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM UK HOLDINGS                                                            | TransDigm UK Holdings PLC                                                        | CUSIP: 89365DAB9<br>LEI: 549300JTYP71LZZSE903 | Long             | DBT              | CORP              | GB        |     350000 | PA      | $346979.50     | 0.00%             | 2026-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OCEANEERING INTL INC                                                             | Oceaneering International Inc                                                    | CUSIP: 675232AB8<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |     200000 | PA      | $192566.00     | 0.00%             | 2028-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRINIDAD & TOBAGO                                                                | Trinidad & Tobago Government International Bond                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | TT        |     800000 | PA      | $791840.00     | 0.00%             | 2026-08-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630DF2<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $377124.00     | 0.00%             | 2024-06-19      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TCW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      38158 | PA      | $35663.14      | 0.00%             | 2047-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS CO                                                             | National Fuel Gas Co                                                             | CUSIP: 636180BQ3<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |     661000 | PA      | $663829.08     | 0.00%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                                              | American Express Co                                                              | CUSIP: 025816CP2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    1562000 | PA      | $1487008.38    | 0.01%             | 2027-05-03      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEM3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2215000 | PA      | $2103895.60    | 0.01%             | 2026-02-18      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| INDOFOOD CBP SUKSES MAKM                                                         | Indofood CBP Sukses Makmur Tbk PT                                                | CUSIP: 000000000<br>LEI: 254900YKZW9GRKZZN285 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $156070.00     | 0.00%             | 2052-04-27      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6BR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   14936527 | PA      | $13587874.22   | 0.07%             | 2037-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SUMMIT MID HLDS LLC / FI                                                         | Summit Midstream Holdings LLC / Summit Midstream Finance Corp                    | CUSIP: 86614WAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     525000 | PA      | $510935.25     | 0.00%             | 2026-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                                                          | Southern Co Gas Capital Corp                                                     | CUSIP: 8426EPAC2<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     647000 | PA      | $556432.94     | 0.00%             | 2047-05-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | State of Israel                                                                  | CUSIP: 46513JXN6<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    1424000 | PA      | $1110022.24    | 0.01%             | 2050-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                                                                | Travelers Cos Inc/The                                                            | CUSIP: 792860AK4<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     230000 | PA      | $273060.60     | 0.00%             | 2036-06-20      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KFW                                                                              | Kreditanstalt fuer Wiederaufbau                                                  | CUSIP: 500769JM7<br>LEI: 549300GDPG70E3MBBU98 | Long             | DBT              | CORP              | DE        |    3025000 | PA      | $2881100.75    | 0.01%             | 2024-03-08      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| APX GROUP INC                                                                    | APX Group Inc                                                                    | CUSIP: 00213MAW4<br>LEI: 549300OMQVKPRU98OE64 | Long             | DBT              | CORP              | US        |     555000 | PA      | $480663.30     | 0.00%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FAB SUKUK COMPANY LTD                                                            | Fab Sukuk Co Ltd                                                                 | CUSIP: 000000000<br>LEI: 549300JEV79SSEDKS489 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $575004.00     | 0.00%             | 2025-01-21      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 313383YJ4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     200000 | PA      | $198244.00     | 0.00%             | 2023-09-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| University of Michigan                                                           | UNIV OF MICHIGAN MI                                                              | CUSIP: 914455UJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     846000 | PA      | $757672.52     | 0.00%             | 2122-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS AMERICA                                                           | BP Capital Markets America Inc                                                   | CUSIP: 10373QAE0<br>LEI: 5493009NTB34VXE1T760 | Long             | DBT              | CORP              | US        |    1432000 | PA      | $1426286.32    | 0.01%             | 2028-11-06      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAG6<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     526000 | PA      | $512313.48     | 0.00%             | 2024-09-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBQ7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     482000 | PA      | $404537.78     | 0.00%             | 2050-04-02      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CF1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1365000 | PA      | $1319859.45    | 0.01%             | 2027-04-13      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AL2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     655000 | PA      | $501638.30     | 0.00%             | 2043-02-11      | Fixed         | 3.18%                 | No            |                  2 | On Loan: —       |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                  | CUSIP: 046353AT5<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    1214000 | PA      | $1201957.12    | 0.01%             | 2029-01-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| H.B. FULLER CO                                                                   | HB Fuller Co                                                                     | CUSIP: 40410KAA3<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |     255000 | PA      | $225774.45     | 0.00%             | 2028-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAH7<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |    1193000 | PA      | $976196.11     | 0.00%             | 2050-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OAKTREE SPECIALTY LEND                                                           | Oaktree Specialty Lending Corp                                                   | CUSIP: 67401PAC2<br>LEI: 549300J6MGCEU5928620 | Long             | DBT              | CORP              | US        |     910000 | PA      | $809426.80     | 0.00%             | 2027-01-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BOISE CASCADE COMPANY                                                            | Boise Cascade Co                                                                 | CUSIP: 09739DAD2<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | DBT              | CORP              | US        |     290000 | PA      | $261437.90     | 0.00%             | 2030-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0KH1<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |     980000 | PA      | $933312.80     | 0.00%             | 2025-03-14      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| AUTORIDAD CANAL DE PANAM                                                         | Autoridad del Canal de Panama                                                    | CUSIP: 000000000<br>LEI: 549300W1ISP1PW2J2P64 | Long             | DBT              | CORP              | PA        |     200000 | PA      | $195060.00     | 0.00%             | 2035-07-29      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MANUF & TRADERS TRUST CO                                                         | Manufacturers & Traders Trust Co                                                 | CUSIP: 55279HAQ3<br>LEI: WWB2V0FCW3A0EE3ZJN75 | Long             | DBT              | CORP              | US        |     260000 | PA      | $244098.40     | 0.00%             | 2027-08-17      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BLOSSOM JOY LTD                                                                  | Blossom Joy Ltd                                                                  | CUSIP: 000000000<br>LEI: 300300LGCJ91O86HIU38 | Long             | DBT              | CORP              | HK        |     800000 | PA      | $670376.00     | 0.00%             | 2030-10-21      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN PUBLIC SERV                                                         | Southwestern Public Service Co                                                   | CUSIP: 845743BR3<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |     330000 | PA      | $263769.00     | 0.00%             | 2047-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RKF8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     260000 | PA      | $186781.40     | 0.00%             | 2061-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KBL3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     200000 | PA      | $198364.00     | 0.00%             | 2024-09-01      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| EVERGY METRO                                                                     | Evergy Metro Inc                                                                 | CUSIP: 485134BS8<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |     807000 | PA      | $698377.80     | 0.00%             | 2049-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CAV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   54825000 | PA      | $45316289.06   | 0.22%             | 2030-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                     | CUSIP: 055451AV0<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    1654000 | PA      | $1713643.24    | 0.01%             | 2043-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                           | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1465000 | PA      | $1521490.40    | 0.01%             | 2031-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| KOREA ELECTRIC POWER CO                                                          | Korea Electric Power Corp                                                        | CUSIP: 000000000<br>LEI: 988400QG33WS7JEIV602 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $193826.00     | 0.00%             | 2025-06-14      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BHP BILLITON FIN USA LTD                                                         | BHP Billiton Finance USA Ltd                                                     | CUSIP: 055450AH3<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |     690000 | PA      | $731144.70     | 0.00%             | 2026-03-01      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                                                              | Ashtead Capital Inc                                                              | CUSIP: 04505AAA7<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |     300000 | PA      | $302250.00     | 0.00%             | 2032-08-11      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DG9<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     865000 | PA      | $828955.45     | 0.00%             | 2024-09-13      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM INT FIN                                                         | Deutsche Telekom International Finance BV                                        | CUSIP: 25156PAD5<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |     414000 | PA      | $541102.14     | 0.00%             | 2032-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NIKE INC                                                                         | NIKE Inc                                                                         | CUSIP: 654106AK9<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |    1462000 | PA      | $1344075.08    | 0.01%             | 2030-03-27      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810PX0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    2900000 | PA      | $3223984.38    | 0.02%             | 2038-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HRX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1435000 | PA      | $1379264.60    | 0.01%             | 2027-12-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                            | CUSIP: 73358WXQ2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     145000 | PA      | $146848.46     | 0.00%             | 2065-10-15      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBD6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    1706000 | PA      | $1405453.98    | 0.01%             | 2037-08-15      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 168863DS4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    2070000 | PA      | $1571233.50    | 0.01%             | 2041-05-07      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| PROG HOLDINGS INC                                                                | PROG Holdings Inc                                                                | CUSIP: 74319RAA9<br>LEI: 549300DHYTLBOVRXIG52 | Long             | DBT              | CORP              | US        |     395000 | PA      | $334770.40     | 0.00%             | 2029-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                                                           | Diamondback Energy Inc                                                           | CUSIP: 25278XAT6<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     432000 | PA      | $346757.76     | 0.00%             | 2052-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AX7<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     587000 | PA      | $403715.12     | 0.00%             | 2051-05-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X9ED3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4343935 | PA      | $3987421.57    | 0.02%             | 2051-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                         | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    1125000 | PA      | $906727.50     | 0.00%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                          | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    2064000 | PA      | $1850314.08    | 0.01%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUNDING                                                               | F&G Global Funding                                                               | CUSIP: 30321L2C5<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |     801000 | PA      | $679816.71     | 0.00%             | 2028-09-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Oregon School Boards Association                                                 | OREGON ST SCH BRDS ASSN SHORT-TERM BORROWING PROGRAM CTFS                        | CUSIP: 686053BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     100000 | PA      | $102840.90     | 0.00%             | 2028-06-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788MAE2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     930000 | PA      | $803957.10     | 0.00%             | 2029-06-07      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                                                           | Williams Cos Inc/The                                                             | CUSIP: 969457BZ2<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     525000 | PA      | $512127.00     | 0.00%             | 2032-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                             | ERAC USA Finance LLC                                                             | CUSIP: 26884TAS1<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     430000 | PA      | $364781.90     | 0.00%             | 2046-11-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Sigma Holdco BV                                                                  | Sigma Holdco BV                                                                  | CUSIP: 82660CAA0<br>LEI: 254900RAPCKVT00GAO59 | Long             | DBT              | CORP              | NL        |     350000 | PA      | $269475.50     | 0.00%             | 2026-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GRAY OAK PIPELINE LLC                                                            | Gray Oak Pipeline LLC                                                            | CUSIP: 38937LAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $225090.00     | 0.00%             | 2027-10-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AR5<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1400000 | PA      | $1409674.00    | 0.01%             | 2025-09-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $439026.00     | 0.00%             | 2051-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GFU8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1241000 | PA      | $1230029.56    | 0.01%             | 2026-03-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                              | CUSIP: 20268JAC7<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     637000 | PA      | $533353.73     | 0.00%             | 2049-10-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599DE2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     365000 | PA      | $413464.70     | 0.00%             | 2031-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SHIRE ACQ INV IRELAND DA                                                         | Shire Acquisitions Investments Ireland DAC                                       | CUSIP: 82481LAD1<br>LEI: 549300XK5HGW68R8K327 | Long             | DBT              | CORP              | IE        |    1334000 | PA      | $1274650.34    | 0.01%             | 2026-09-23      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ICBCIL FINANCE CO LTD                                                            | ICBCIL Finance Co Ltd                                                            | CUSIP: 000000000<br>LEI: 549300ZCUURSNVTOEU07 | Long             | DBT              | CORP              | HK        |    1400000 | PA      | $1287622.00    | 0.01%             | 2025-08-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                                                           | Credit Suisse AG/New York NY                                                     | CUSIP: 22550L2G5<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |    1270000 | PA      | $1067054.00    | 0.01%             | 2026-08-07      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| GRUBHUB HOLDINGS INC                                                             | GrubHub Holdings Inc                                                             | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     390000 | PA      | $313076.40     | 0.00%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | Vistra Operations Co LLC                                                         | CUSIP: 92840VAD4<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     862000 | PA      | $832743.72     | 0.00%             | 2024-07-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JBX1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     255000 | PA      | $276843.30     | 0.00%             | 2052-10-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818EH7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     513000 | PA      | $489761.10     | 0.00%             | 2026-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QNWL2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19165248 | PA      | $16831800.89   | 0.08%             | 2052-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3617NWHH8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2068115 | PA      | $1861018.19    | 0.01%             | 2050-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                              | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBJ5<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |     975000 | PA      | $932382.75     | 0.00%             | 2024-09-23      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| OLYMPUS CORP                                                                     | Olympus Corp                                                                     | CUSIP: 68163WAA7<br>LEI: 5299000Y52IFDI1I2A21 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $180142.00     | 0.00%             | 2026-12-08      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GABON                                                                | Gabon Government International Bond                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |     800000 | PA      | $673496.00     | 0.00%             | 2031-02-06      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Formosa Group Cayman Ltd                                                         | Formosa Group Cayman Ltd                                                         | CUSIP: 000000000<br>LEI: 254900F1H4XQO1YQV116 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $575094.00     | 0.00%             | 2025-04-22      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DP WORLD PLC                                                                     | DP World Ltd/United Arab Emirates                                                | CUSIP: 23330JAA9<br>LEI: 549300M3U2DNF4QVSS04 | Long             | DBT              | CORP              | AE        |     920000 | PA      | $1045570.80    | 0.01%             | 2037-07-02      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| ABU DHABI PORTS CO PJSC                                                          | Abu Dhabi Ports Co PJSC                                                          | CUSIP: 000000000<br>LEI: 213800F5LEV1NQJ68T87 | Long             | DBT              | CORP              | AE        |     800000 | PA      | $683936.00     | 0.00%             | 2031-05-06      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                                                         | Rogers Communications Inc                                                        | CUSIP: 775109BB6<br>LEI: 54930030NVF3Y2OL0A78 | Long             | DBT              | CORP              | CA        |    1059000 | PA      | $969938.10     | 0.00%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE GAS PIPELINE                                                           | Tennessee Gas Pipeline Co LLC                                                    | CUSIP: 880451AV1<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |      50000 | PA      | $54595.50      | 0.00%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | Bombardier Inc                                                                   | CUSIP: 097751BX8<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     520000 | PA      | $493656.80     | 0.00%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INSTITUTO COSTARRICENSE                                                          | Instituto Costarricense de Electricidad                                          | CUSIP: 000000000<br>LEI: 5493009VA6AFUB2Q0289 | Long             | DBT              | CORP              | CR        |     200000 | PA      | $160632.00     | 0.00%             | 2043-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Aflac Inc                                                                        | Aflac Inc                                                                        | CUSIP: 001055AY8<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |     440000 | PA      | $429224.40     | 0.00%             | 2049-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| POTOMAC ELECTRIC POWER                                                           | Potomac Electric Power Co                                                        | CUSIP: 737679DE7<br>LEI: 549300BXF2DWUNN57U06 | Long             | DBT              | CORP              | US        |     563000 | PA      | $510973.17     | 0.00%             | 2043-03-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HK                                                              | Bangkok Bank PCL/Hong Kong                                                       | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |     500000 | PA      | $490420.00     | 0.00%             | 2028-09-19      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132LA2L5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     767037 | PA      | $735460.88     | 0.00%             | 2049-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF MIAMI                                                              | University of Miami                                                              | CUSIP: 914453AA3<br>LEI: 5493008ZSVWUNRYQE312 | Long             | DBT              | CORP              | US        |      61000 | PA      | $54186.91      | 0.00%             | 2052-04-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| UMBS, TBA                                                                        | Uniform Mortgage-Backed Security, TBA                                            | CUSIP: 01F042624<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   43842000 | PA      | $43293975.00   | 0.21%             | 2053-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                                                         | Charles River Laboratories International Inc                                     | CUSIP: 159864AG2<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |     320000 | PA      | $285635.20     | 0.00%             | 2029-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BMW FINANCE NV                                                                   | BMW Finance NV                                                                   | CUSIP: 05600LAC0<br>LEI: 5299006ZHG3IXU0PNJ56 | Long             | DBT              | CORP              | NL        |     535000 | PA      | $480055.50     | 0.00%             | 2029-08-14      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137H74P5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   15000000 | PA      | $13471079.10   | 0.06%             | 2055-04-25      | Variable      | 2.12%                 | No            |                  2 | On Loan: No      |
| XHR LP                                                                           | XHR LP                                                                           | CUSIP: 98372MAC9<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              |  | US        |     315000 | PA      | $279622.35     | 0.00%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                             | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     410000 | PA      | $358126.80     | 0.00%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JG6<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     186000 | PA      | $169462.74     | 0.00%             | 2045-11-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Nabors Industries Inc                                                            | Nabors Industries Inc                                                            | CUSIP: 62957HAF2<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     450000 | PA      | $436702.50     | 0.00%             | 2025-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 06417XAE1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     505000 | PA      | $423003.15     | 0.00%             | 2032-02-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| BOCOM INTNTL BLOSSOM LTD                                                         | BOCOM International Blossom Ltd                                                  | CUSIP: 000000000<br>LEI: 2138009XYMCVIMXQ9W78 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $361132.00     | 0.00%             | 2026-06-28      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PCV2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    1450000 | PA      | $1402628.50    | 0.01%             | 2026-03-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                           | Lumen Technologies Inc                                                           | CUSIP: 156700BC9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     980000 | PA      | $827139.60     | 0.00%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RELIANCE STEEL & ALUM                                                            | Reliance Steel & Aluminum Co                                                     | CUSIP: 759509AG7<br>LEI: 549300E287ZOFT3C5Z56 | Long             | DBT              | CORP              | US        |     120000 | PA      | $99415.20      | 0.00%             | 2030-08-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| RADY CHILDREN HOSP/SD CA                                                         | Rady Children's Hospital-San Diego                                               | CUSIP: 75063MAA5<br>LEI: 549300FOKP65GNO33016 | Long             | DBT              | CORP              | US        |     200000 | PA      | $143668.00     | 0.00%             | 2051-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| INDONESIA ASAHAN ALUMINI                                                         | Indonesia Asahan Aluminium Persero PT                                            | CUSIP: 000000000<br>LEI: 2549008P48EB9SN2OI80 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $366952.00     | 0.00%             | 2050-05-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                                                                | GEO Group Inc/The                                                                | CUSIP: 36162JAC0<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |     133000 | PA      | $136477.95     | 0.00%             | 2028-06-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| DTE Electric Co                                                                  | DTE Electric Co                                                                  | CUSIP: 23338VAE6<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     640000 | PA      | $543174.40     | 0.00%             | 2045-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CEC ENTERTAINMENT LLC                                                            | CEC Entertainment LLC                                                            | CUSIP: 125137AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     395000 | PA      | $365762.10     | 0.00%             | 2026-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBD7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1673000 | PA      | $1557462.62    | 0.01%             | 2030-05-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FW3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     585000 | PA      | $423112.95     | 0.00%             | 2052-03-10      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                                                                | Johnson & Johnson                                                                | CUSIP: 478160CT9<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     835000 | PA      | $557554.55     | 0.00%             | 2060-09-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Bank of America Credit Card Trust                                                | BA Credit Card Trust                                                             | CUSIP: 05522RDD7<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-O            | CORP              | US        |    5020000 | PA      | $4747393.27    | 0.02%             | 2026-09-15      | Fixed         | 0.44%                 | No            |                  2 | On Loan: No      |
| FERMACA ENTERPRISES S RL                                                         | Fermaca Enterprises S de RL de CV                                                | CUSIP: 000000000<br>LEI: 549300HYMZDEHWD3X752 | Long             | DBT              | CORP              | MX        |     196206 | PA      | $189399.91     | 0.00%             | 2038-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                                                           | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     890000 | PA      | $738771.20     | 0.00%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  105900000 | PA      | $92976890.63   | 0.45%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RTB5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      52247 | PA      | $53266.04      | 0.00%             | 2045-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X6F55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     964467 | PA      | $887292.28     | 0.00%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Encompass Health Corp                                                            | Encompass Health Corp                                                            | CUSIP: 421924BT7<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     210000 | PA      | $209069.70     | 0.00%             | 2025-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 86765BAV1<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |    1068000 | PA      | $982709.52     | 0.00%             | 2047-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDP4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     825000 | PA      | $804020.25     | 0.00%             | 2028-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JOHN HANCOCK LIFE INS C0                                                         | John Hancock Life Insurance Co                                                   | CUSIP: 41020VAA9<br>LEI: 5493007TRSDJMZ8TBY32 | Long             | DBT              | CORP              | US        |     360000 | PA      | $365817.60     | 0.00%             | 2024-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RB6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    8800000 | PA      | $7657375.00    | 0.04%             | 2043-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MEMORIAL SLOAN-KETTERING                                                         | Memorial Sloan-Kettering Cancer Center                                           | CUSIP: 586054AC2<br>LEI: 549300IZ71UAMEHWL382 | Long             | DBT              | CORP              | US        |     486000 | PA      | $434552.04     | 0.00%             | 2055-07-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs.                                 | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137H6ZM0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3000000 | PA      | $2595663.72    | 0.01%             | 2032-02-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Duke Energy Indiana LLC                                                          | Duke Energy Indiana LLC                                                          | CUSIP: 263901AA8<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |     320000 | PA      | $368444.80     | 0.00%             | 2038-08-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority/The                                     | CHARLOTTE-MECKLENBURG NC HOSP AUTH HLTH CARE SYS REVENUE                         | CUSIP: 160853VC8<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |     435000 | PA      | $320983.02     | 0.00%             | 2051-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WEU3<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     300000 | PA      | $292122.00     | 0.00%             | 2025-08-05      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162CU2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     998000 | PA      | $867880.76     | 0.00%             | 2030-02-21      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                  | CVS Health Corp                                                                  | CUSIP: 126650BJ8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     559000 | PA      | $595972.26     | 0.00%             | 2027-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INNOPHOS HOLDINGS INC                                                            | Innophos Holdings Inc                                                            | CUSIP: 45774NAB4<br>LEI: XQ0331QX53IRX25OY417 | Long             | DBT              | CORP              | US        |     175000 | PA      | $172719.75     | 0.00%             | 2028-02-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                      | Equifax Inc                                                                      | CUSIP: 294429AQ8<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |     630000 | PA      | $605600.10     | 0.00%             | 2024-12-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| TWDC Enterprises 18 Corp                                                         | TWDC Enterprises 18 Corp                                                         | CUSIP: 25468PCX2<br>LEI: 7260JQNI6SCF9FIV2392 | Long             | DBT              | CORP              | US        |      85000 | PA      | $72897.70      | 0.00%             | 2042-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Hasbro Inc                                                                       | Hasbro Inc                                                                       | CUSIP: 418056AV9<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |     589000 | PA      | $551551.38     | 0.00%             | 2027-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANCO NACIONAL COM EXT                                                           | Banco Nacional de Comercio Exterior SNC/Cayman Islands                           | CUSIP: 000000000<br>LEI: 4469000001BL6VG3DH44 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $508884.00     | 0.00%             | 2031-08-11      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023BA2<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     597000 | PA      | $613710.03     | 0.00%             | 2040-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NORTHWELL HEALTHCARE INC                                                         | Northwell Healthcare Inc                                                         | CUSIP: 667274AD6<br>LEI: 54930073NUTKK4QD3P47 | Long             | DBT              | CORP              | US        |     240000 | PA      | $184905.60     | 0.00%             | 2049-11-01      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | Level 3 Financing Inc                                                            | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     920000 | PA      | $728851.60     | 0.00%             | 2028-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHINA CINDA FINANCE 2017                                                         | China Cinda Finance 2017 I Ltd                                                   | CUSIP: 000000000<br>LEI: 549300FRGSV52FLG5T09 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $386924.00     | 0.00%             | 2029-02-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                                          | Bristol-Myers Squibb Co                                                          | CUSIP: 110122AU2<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |     808000 | PA      | $661768.16     | 0.00%             | 2042-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162CV0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     200000 | PA      | $188808.00     | 0.00%             | 2025-02-21      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                                                            | Svensk Exportkredit AB                                                           | CUSIP: 00254EMZ2<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |    2820000 | PA      | $2591326.20    | 0.01%             | 2025-05-14      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkey Government International Bond                                             | CUSIP: 900123CV0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1400000 | PA      | $1375150.00    | 0.01%             | 2024-08-10      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                                                           | Orbia Advance Corp SAB de CV                                                     | CUSIP: 000000000<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     400000 | PA      | $374392.00     | 0.00%             | 2027-10-04      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ISRAEL                                                                  | Israel Government International Bond                                             | CUSIP: 46513JB34<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    1400000 | PA      | $1275386.00    | 0.01%             | 2030-07-03      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FMS WERTMANAGEMENT                                                               | FMS Wertmanagement                                                               | CUSIP: 000000000<br>LEI: HZFDOR6TCRSIQLKQTX32 | Long             | DBT              | CORP              | DE        |     200000 | PA      | $189520.00     | 0.00%             | 2024-05-06      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP                                                                | Toyota Motor Corp                                                                | CUSIP: 892331AM1<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |     949000 | PA      | $863779.80     | 0.00%             | 2026-03-25      | Fixed         | 1.34%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                                  | Danske Bank A/S                                                                  | CUSIP: 23636ABD2<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    1000000 | PA      | $975770.00     | 0.00%             | 2025-03-28      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BK9<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |      85000 | PA      | $76302.80      | 0.00%             | 2026-09-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                                                             | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $241836.00     | 0.00%             | 2030-08-06      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NAR6<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     476000 | PA      | $457145.64     | 0.00%             | 2027-07-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| IHC HEALTH SERVICES INC                                                          | IHC Health Services Inc                                                          | CUSIP: 45174XAA0<br>LEI: UHH3GVKP4EW0MPCVT846 | Long             | DBT              | CORP              | US        |     220000 | PA      | $193045.60     | 0.00%             | 2048-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                  | CUSIP: 166756AP1<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |     350000 | PA      | $347021.50     | 0.00%             | 2024-11-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAL3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     734000 | PA      | $704999.66     | 0.00%             | 2043-10-16      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PAR7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1312000 | PA      | $1257932.48    | 0.01%             | 2029-04-23      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                                                             | BWX Technologies Inc                                                             | CUSIP: 05605HAB6<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |     380000 | PA      | $344561.20     | 0.00%             | 2028-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                                                           | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GAW7<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     515000 | PA      | $510308.35     | 0.00%             | 2024-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SINOCHEM OVERSEAS CAPITA                                                         | Sinochem Overseas Capital Co Ltd                                                 | CUSIP: 82937AAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     300000 | PA      | $304968.00     | 0.00%             | 2040-11-12      | Fixed         | 6.30%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XGT74<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6078837 | PA      | $5804005.12    | 0.03%             | 2051-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WJSN2<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     493426 | PA      | $471825.19     | 0.00%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                                                         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BS0<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     200000 | PA      | $240848.00     | 0.00%             | 2052-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| KeySpan Gas East Corp                                                            | KeySpan Gas East Corp                                                            | CUSIP: 49338CAB9<br>LEI: K8TS3HOE1568DUBUJL44 | Long             | DBT              | CORP              | US        |     350000 | PA      | $318594.50     | 0.00%             | 2026-08-15      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                                         | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     345000 | PA      | $309803.10     | 0.00%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                                                                       | Pfizer Inc                                                                       | CUSIP: 717081EP4<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |     902000 | PA      | $881750.10     | 0.00%             | 2028-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| QATAR ENERGY                                                                     | QatarEnergy                                                                      | CUSIP: 000000000<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |    2000000 | PA      | $1703540.00    | 0.01%             | 2031-07-12      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QA2X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     564757 | PA      | $558078.53     | 0.00%             | 2049-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                                                             | Republic of Italy Government International Bond                                  | CUSIP: 465410CD8<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |     455000 | PA      | $428309.70     | 0.00%             | 2024-05-06      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                  | CUSIP: 902494AZ6<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |     589000 | PA      | $595467.22     | 0.00%             | 2034-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    1150000 | PA      | $1067740.50    | 0.01%             | 2033-02-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132L87K7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      18043 | PA      | $17248.68      | 0.00%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109BD5<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |     452000 | PA      | $450255.28     | 0.00%             | 2024-02-06      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GAN2<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |     535000 | PA      | $452342.50     | 0.00%             | 2045-03-06      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| HONDURAS GOVERNMENT                                                              | Honduras Government International Bond                                           | CUSIP: 000000000<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |     150000 | PA      | $123252.00     | 0.00%             | 2030-06-24      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Dignity Health                                                                   | Dignity Health                                                                   | CUSIP: 254010AB7<br>LEI: TFVG45LTYVO3XKPZWP18 | Long             | DBT              | CORP              | US        |     400000 | PA      | $355388.00     | 0.00%             | 2042-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140M2E24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3556394 | PA      | $3019985.86    | 0.01%             | 2051-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TENN VALLEY AUTHORITY                                                            | Tennessee Valley Authority                                                       | CUSIP: 880591CS9<br>LEI: 549300HE1ISW43LNKM54 | Long             | DBT              | USGA              | US        |     580000 | PA      | $671135.40     | 0.00%             | 2036-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                                         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAK0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     510000 | PA      | $438921.30     | 0.00%             | 2026-08-05      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   11500000 | PA      | $9408437.50    | 0.05%             | 2030-05-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DW6<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     600000 | PA      | $631038.00     | 0.00%             | 2033-01-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-1 AA PTT                                                         | United Airlines 2019-1 Class AA Pass Through Trust                               | CUSIP: 90931CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     642535 | PA      | $588112.63     | 0.00%             | 2031-08-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Corp                                                                | Toyota Motor Corp                                                                | CUSIP: 892331AD1<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |     165000 | PA      | $160483.95     | 0.00%             | 2028-07-20      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                                                         | MSCI Inc                                                                         | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     855000 | PA      | $779640.30     | 0.00%             | 2029-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABV8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    1310000 | PA      | $1235683.70    | 0.01%             | 2024-06-14      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205BC7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     600000 | PA      | $558180.00     | 0.00%             | 2032-04-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                | CUSIP: 04010LBA0<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     917000 | PA      | $802099.90     | 0.00%             | 2026-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| State of Qatar                                                                   | Qatar Government International Bond                                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    2550000 | PA      | $2545869.00    | 0.01%             | 2029-03-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON GAS LIGHT CO                                                          | Washington Gas Light Co                                                          | CUSIP: 93884PDY3<br>LEI: DL22T1SB4DUBS063O841 | Long             | DBT              | CORP              | US        |     283000 | PA      | $219421.22     | 0.00%             | 2049-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HK                                                              | Bangkok Bank PCL/Hong Kong                                                       | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |     800000 | PA      | $706448.00     | 0.00%             | 2034-09-25      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308KJ5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     555000 | PA      | $570750.90     | 0.00%             | 2033-01-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EUB3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |      67000 | PA      | $64435.24      | 0.00%             | 2028-01-06      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EWA3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     625000 | PA      | $569662.50     | 0.00%             | 2027-01-11      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BC8<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     278000 | PA      | $281889.22     | 0.00%             | 2030-03-22      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Nuveen Finance LLC                                                               | Nuveen Finance LLC                                                               | CUSIP: 87246YAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1432000 | PA      | $1403632.08    | 0.01%             | 2024-11-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                                                         | MSCI Inc                                                                         | CUSIP: 55354GAL4<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     675000 | PA      | $595471.50     | 0.00%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571903BD4<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     322000 | PA      | $327412.82     | 0.00%             | 2025-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                                                 | Bank of Montreal                                                                 | CUSIP: 06368FAC3<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    1930000 | PA      | $1713917.20    | 0.01%             | 2026-09-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CN9<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     389000 | PA      | $329486.89     | 0.00%             | 2047-06-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                                             | Colombia Government International Bond                                           | CUSIP: 195325CX1<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1000000 | PA      | $956470.00     | 0.00%             | 2026-01-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EASE TRADE GLOBAL LTD                                                            | Ease Trade Global Ltd                                                            | CUSIP: 000000000<br>LEI: 894500C01BXHHDWBXT88 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $566214.00     | 0.00%             | 2025-11-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                                             | Targa Resources Corp                                                             | CUSIP: 87612KAA0<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     400000 | PA      | $402756.00     | 0.00%             | 2027-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MED CARE III                                                           | Fresenius Medical Care US Finance III Inc                                        | CUSIP: 35805BAC2<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |     620000 | PA      | $538966.00     | 0.00%             | 2026-12-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| AGROSUPER SA                                                                     | Agrosuper SA                                                                     | CUSIP: 000000000<br>LEI: 5493006KNWOGYPTZZ371 | Long             | DBT              | CORP              | CL        |     300000 | PA      | $269346.00     | 0.00%             | 2032-01-20      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                                                        | Ball Corp                                                                        | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     490000 | PA      | $505768.20     | 0.00%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CNOOC FINANCE 2015 US                                                            | CNOOC Finance 2015 USA LLC                                                       | CUSIP: 12634MAE0<br>LEI: 549300Q3CTIH31RFPO82 | Long             | DBT              | CORP              | US        |     800000 | PA      | $799272.00     | 0.00%             | 2028-05-02      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                                                | State Street Corp                                                                | CUSIP: 857477CA9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     265000 | PA      | $266409.80     | 0.00%             | 2034-01-26      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123BG4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1200000 | PA      | $949848.00     | 0.00%             | 2040-05-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Waste Pro USA Inc                                                                | Waste Pro USA Inc                                                                | CUSIP: 94107JAA1<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |     340000 | PA      | $316234.00     | 0.00%             | 2026-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SP GROUP TREASURY PTE                                                            | SP Group Treasury Pte Ltd                                                        | CUSIP: 84612MAA3<br>LEI: 6354004HB4CUEDLMXY86 | Long             | DBT              | CORP              | SG        |     500000 | PA      | $475510.00     | 0.00%             | 2029-02-27      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK                                                          | National Australia Bank Ltd                                                      | CUSIP: 6325C0EB3<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |     745000 | PA      | $674455.95     | 0.00%             | 2027-01-12      | Fixed         | 1.89%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                                                        | GATX Corp                                                                        | CUSIP: 361448AU7<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     400000 | PA      | $374316.00     | 0.00%             | 2044-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                                                                | Republic of Kenya Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    1000000 | PA      | $902100.00     | 0.00%             | 2027-05-22      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| KEYSPAN GAS EAST CORP                                                            | KeySpan Gas East Corp                                                            | CUSIP: 49338CAC7<br>LEI: K8TS3HOE1568DUBUJL44 | Long             | DBT              | CORP              | US        |     125000 | PA      | $90995.00      | 0.00%             | 2052-01-18      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| NSTAR ELECTRIC CO                                                                | NSTAR Electric Co                                                                | CUSIP: 67021CAS6<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     430000 | PA      | $415199.40     | 0.00%             | 2052-06-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818GD4<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     300000 | PA      | $310461.00     | 0.00%             | 2063-01-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CATHOLIC HEALTH SERVICES                                                         | Catholic Health Services of Long Island Obligated Group                          | CUSIP: 14918AAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     290000 | PA      | $210670.50     | 0.00%             | 2050-07-01      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123CP3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2400000 | PA      | $2060256.00    | 0.01%             | 2028-02-17      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AX1<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     280000 | PA      | $245308.00     | 0.00%             | 2050-03-26      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CHINA MENGNIU DAIRY                                                              | China Mengniu Dairy Co Ltd                                                       | CUSIP: 000000000<br>LEI: 2549005Q343BSJ8RSS21 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $510732.00     | 0.00%             | 2030-06-17      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KOREA ELECTRIC POWER CO                                                          | Korea Electric Power Corp                                                        | CUSIP: 000000000<br>LEI: 988400QG33WS7JEIV602 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $365532.00     | 0.00%             | 2025-06-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418CEF7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1114709 | PA      | $1035765.32    | 0.00%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CSL Finance PLC                                                                  | CSL Finance PLC                                                                  | CUSIP: 12661PAA7<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $194200.00     | 0.00%             | 2027-04-27      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBE5<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |     797000 | PA      | $720583.64     | 0.00%             | 2029-11-18      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EBE9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   14293924 | PA      | $13027309.03   | 0.06%             | 2037-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31335BNL6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     488118 | PA      | $467117.79     | 0.00%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                          | Bayer US Finance II LLC                                                          | CUSIP: 07274NAJ2<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |     912000 | PA      | $896249.76     | 0.00%             | 2025-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PBE7<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     706000 | PA      | $643589.60     | 0.00%             | 2029-08-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FT5<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     700000 | PA      | $652904.00     | 0.00%             | 2048-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                                         | Equitable Financial Life Global Funding                                          | CUSIP: 29449WAD9<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     922000 | PA      | $739056.76     | 0.00%             | 2030-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| KRONOS ACQ / KIK CUSTOM                                                          | Kronos Acquisition Holdings Inc / KIK Custom Products Inc                        | CUSIP: 50106GAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     440000 | PA      | $383059.60     | 0.00%             | 2027-12-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH                          | CUSIP: 54627RAP5<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |     520000 | PA      | $507139.95     | 0.00%             | 2039-08-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJBY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3704 | PA      | $3733.81       | 0.00%             | 2046-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST AIRLINES CO                                                            | Southwest Airlines Co                                                            | CUSIP: 844741BJ6<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |     939000 | PA      | $945544.83     | 0.00%             | 2025-05-04      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYA6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1663000 | PA      | $1488584.56    | 0.01%             | 2027-03-09      | Fixed         | 1.43%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                                           | Anglo American Capital PLC                                                       | CUSIP: 034863AT7<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     958000 | PA      | $923100.06     | 0.00%             | 2027-09-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hess Corp                                                                        | Hess Corp                                                                        | CUSIP: 42809HAH0<br>LEI: UASVRYNXNK17ULIGK870 | Long             | DBT              | CORP              | US        |     445000 | PA      | $451626.05     | 0.00%             | 2047-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: —       |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162CR9<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    1720000 | PA      | $1346398.80    | 0.01%             | 2040-02-21      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS/TYCO FI                                                         | Johnson Controls International plc / Tyco Fire & Security Finance SCA            | CUSIP: 47837RAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     620000 | PA      | $514314.80     | 0.00%             | 2031-09-16      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RFU1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     511000 | PA      | $497279.65     | 0.00%             | 2050-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| GOODMAN US FIN THREE                                                             | Goodman US Finance Three LLC                                                     | CUSIP: 38239JAA9<br>LEI: N/A                  | Long             | DBT              |  | US        |     505000 | PA      | $467624.95     | 0.00%             | 2028-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                               | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     200000 | PA      | $188832.00     | 0.00%             | 2029-02-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BETH ISRAEL LAHEY HEALTH                                                         | Beth Israel Lahey Health Inc                                                     | CUSIP: 08661UAB2<br>LEI: 549300QPZ5W3279DU141 | Long             | DBT              | CORP              | US        |     404000 | PA      | $276764.24     | 0.00%             | 2051-07-01      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6BS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     388719 | PA      | $363842.42     | 0.00%             | 2037-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162DB3<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    1180000 | PA      | $1015767.60    | 0.00%             | 2028-08-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                                                         | Healthcare Realty Holdings LP                                                    | CUSIP: 42225UAG9<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              |  | US        |     260000 | PA      | $226642.00     | 0.00%             | 2030-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CHILDREN'S HOSPITAL MEDI                                                         | Children's Hospital Medical Center/Cincinnati OH                                 | CUSIP: 16876AAA2<br>LEI: 549300EKVCKSAOOWU002 | Long             | DBT              | CORP              | US        |     245000 | PA      | $228680.55     | 0.00%             | 2044-05-15      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| SWIRE PACIFIC MTN FIN                                                            | Swire Pacific Mtn Financing HK Ltd                                               | CUSIP: 000000000<br>LEI: 549300UKPSWGA4VYA949 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $353468.00     | 0.00%             | 2030-01-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Regency Centers LP                                                               | Regency Centers LP                                                               | CUSIP: 75884RAW3<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              |  | US        |     155000 | PA      | $129680.75     | 0.00%             | 2047-02-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                                         | Principal Life Global Funding II                                                 | CUSIP: 74256LEP0<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     350000 | PA      | $308609.00     | 0.00%             | 2026-08-16      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CONAGRA BRANDS INC                                                               | Conagra Brands Inc                                                               | CUSIP: 205887CF7<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |     812000 | PA      | $695088.24     | 0.00%             | 2027-11-01      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                                                      | Gartner Inc                                                                      | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |     284000 | PA      | $254969.52     | 0.00%             | 2029-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| FORTUNE BRANDS INNOVATIO                                                         | Fortune Brands Innovations Inc                                                   | CUSIP: 34964CAE6<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |     550000 | PA      | $487503.50     | 0.00%             | 2029-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| IDAHO POWER CO                                                                   | Idaho Power Co                                                                   | CUSIP: 45138LBF9<br>LEI: TN0LL73P2C8X3W6KM391 | Long             | DBT              | CORP              | US        |     470000 | PA      | $409830.60     | 0.00%             | 2048-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                                         | Fox Corp                                                                         | CUSIP: 35137LAK1<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    1375000 | PA      | $1328621.25    | 0.01%             | 2049-01-25      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC                                                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LBC3<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     540000 | PA      | $469978.20     | 0.00%             | 2031-06-30      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                             | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    1235000 | PA      | $1263713.75    | 0.01%             | 2052-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                                                         | International Flavors & Fragrances Inc                                           | CUSIP: 459506AE1<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     726000 | PA      | $615742.38     | 0.00%             | 2047-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROSS STORES INC                                                                  | Ross Stores Inc                                                                  | CUSIP: 778296AB9<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | DBT              | CORP              | US        |     673000 | PA      | $670651.23     | 0.00%             | 2025-04-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD                                                                    | Videotron Ltd                                                                    | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |     345000 | PA      | $301388.55     | 0.00%             | 2029-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| Ameriprise Financial Inc                                                         | Ameriprise Financial Inc                                                         | CUSIP: 03076CAH9<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |     936000 | PA      | $882395.28     | 0.00%             | 2026-09-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| European Investment Bank                                                         | European Investment Bank                                                         | CUSIP: 298785HX7<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | XX        |    1625000 | PA      | $1576607.50    | 0.01%             | 2024-06-24      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                                                               | Banco Santander SA                                                               | CUSIP: 05971KAC3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    1028000 | PA      | $932313.76     | 0.00%             | 2029-06-27      | Fixed         | 3.31%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     800000 | PA      | $808392.00     | 0.00%             | 2043-10-18      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                                                  | DR Horton Inc                                                                    | CUSIP: 23331ABQ1<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |    1040000 | PA      | $916156.80     | 0.00%             | 2026-10-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CJ9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     250000 | PA      | $207180.00     | 0.00%             | 2031-09-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2014-1 A PTT                                                          | United Airlines 2014-1 Class A Pass Through Trust                                | CUSIP: 90932PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     482684 | PA      | $447834.47     | 0.00%             | 2026-04-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TAKEDA PHARMACEUTICAL                                                            | Takeda Pharmaceutical Co Ltd                                                     | CUSIP: 874060AY2<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    1301000 | PA      | $1015690.70    | 0.00%             | 2040-07-09      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                                      | Equifax Inc                                                                      | CUSIP: 294429AT2<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |     745000 | PA      | $612829.55     | 0.00%             | 2031-09-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RAZ5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    1510000 | PA      | $1346482.10    | 0.01%             | 2026-12-14      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                                               | Seagate HDD Cayman                                                               | CUSIP: 81180WAT8<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     453000 | PA      | $448365.81     | 0.00%             | 2024-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VCA9<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     583000 | PA      | $417614.56     | 0.00%             | 2052-02-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |     800000 | PA      | $589880.00     | 0.00%             | 2051-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                                                   | Var Energi ASA                                                                   | CUSIP: 92212WAE0<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |     325000 | PA      | $355936.75     | 0.00%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                               | Credit Agricole SA                                                               | CUSIP: 22534PAC7<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    2000000 | PA      | $2041260.00    | 0.01%             | 2028-07-12      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Tyson Foods Inc                                                                  | Tyson Foods Inc                                                                  | CUSIP: 902494AY9<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |     180000 | PA      | $178882.20     | 0.00%             | 2044-08-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132AEB39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     992269 | PA      | $1002599.85    | 0.00%             | 2049-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JR2<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     532000 | PA      | $459509.68     | 0.00%             | 2030-03-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                                               | Athene Holding Ltd                                                               | CUSIP: 04686JAF8<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | BM        |     300000 | PA      | $317097.00     | 0.00%             | 2033-02-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| FARMERS INS EXCH                                                                 | Farmers Insurance Exchange                                                       | CUSIP: 309601AE2<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |     820000 | PA      | $683650.40     | 0.00%             | 2057-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT LIGHT & PWR                                                          | Connecticut Light and Power Co/The                                               | CUSIP: 207597EH4<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     275000 | PA      | $245924.25     | 0.00%             | 2045-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                             | Howmet Aerospace Inc                                                             | CUSIP: 443201AB4<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     470000 | PA      | $410140.80     | 0.00%             | 2029-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AL9<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     390000 | PA      | $385472.10     | 0.00%             | 2043-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MC BRAZIL DWNSTRM                                                                | MC Brazil Downstream Trading SARL                                                | CUSIP: 000000000<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |    1159500 | PA      | $1017240.73    | 0.00%             | 2031-06-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BK THAILND                                                         | Export Import Bank of Thailand                                                   | CUSIP: 000000000<br>LEI: 549300ITFBNFH0H6FK36 | Long             | DBT              | NUSS              | TH        |     400000 | PA      | $362432.00     | 0.00%             | 2025-10-15      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp                                                          | John Deere Capital Corp                                                          | CUSIP: 24422ESP5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |      55000 | PA      | $54174.45      | 0.00%             | 2024-06-12      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1400000 | PA      | $1424234.00    | 0.01%             | 2042-01-17      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RLV2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    4269000 | PA      | $3127810.92    | 0.01%             | 2059-09-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| RRD PARENT INC                                                                   | RRD Parent Inc                                                                   | CUSIP: 16208CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     411300 | PA      | $703323.00     | 0.00%             | 2031-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| KeyCorp                                                                          | KeyCorp                                                                          | CUSIP: 49326EEG4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |     630000 | PA      | $613594.80     | 0.00%             | 2028-04-30      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                                                         | Diversified Healthcare Trust                                                     | CUSIP: 25525PAA5<br>LEI: N/A                  | Long             | DBT              |  | US        |     301000 | PA      | $295395.38     | 0.00%             | 2025-06-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAQ4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     758000 | PA      | $707699.12     | 0.00%             | 2048-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                            | CUSIP: 666807BN1<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |     925000 | PA      | $878722.25     | 0.00%             | 2028-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     860000 | PA      | $730793.60     | 0.00%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJA8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    3372000 | PA      | $2908619.76    | 0.01%             | 2051-03-20      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| BANC CREDITO INVERSIONES                                                         | Banco de Credito e Inversiones SA                                                | CUSIP: 05890PAB2<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $169242.00     | 0.00%             | 2031-10-14      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PRESIDIO HOLDING INC                                                             | Presidio Holdings Inc                                                            | CUSIP: 74101XAF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     385000 | PA      | $370165.95     | 0.00%             | 2028-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                            | CUSIP: 904764BR7<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |     360000 | PA      | $257029.20     | 0.00%             | 2051-08-12      | Fixed         | 2.63%                 | No            |                  2 | On Loan: —       |
| NATIONAL AUSTRALIA BANK                                                          | National Australia Bank Ltd                                                      | CUSIP: 632525AY7<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |     285000 | PA      | $234854.25     | 0.00%             | 2031-05-21      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                          | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                        | CUSIP: 072024NV0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |     150000 | PA      | $199236.30     | 0.00%             | 2050-04-01      | Fixed         | 7.04%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142EM1<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     460000 | PA      | $446246.00     | 0.00%             | 2026-07-08      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                                                          | Bayer US Finance II LLC                                                          | CUSIP: 07274NBA0<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |     635000 | PA      | $639235.45     | 0.00%             | 2035-07-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   26000000 | PA      | $22920625.00   | 0.11%             | 2048-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| QNB FINANCE LTD                                                                  | QNB Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $566928.00     | 0.00%             | 2024-06-17      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| MUTUAL OF OMAHA INS CO                                                           | Mutual of Omaha Insurance Co                                                     | CUSIP: 628312AD2<br>LEI: P2LER0UPV1DKOU8RO042 | Long             | DBT              | CORP              | US        |     395000 | PA      | $380112.45     | 0.00%             | 2054-07-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114QCH9<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     836000 | PA      | $769128.36     | 0.00%             | 2025-06-12      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QEKL5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1779467 | PA      | $1573006.73    | 0.01%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                                                      | Apache Corp                                                                      | CUSIP: 037411AY1<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     275000 | PA      | $231099.00     | 0.00%             | 2042-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KOREA NATIONAL OIL CORP                                                          | Korea National Oil Corp                                                          | CUSIP: 50066RAG1<br>LEI: 988400ZTQ08W926ONT36 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $189470.00     | 0.00%             | 2027-03-27      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TJX COS INC                                                                      | TJX Cos Inc/The                                                                  | CUSIP: 872540AV1<br>LEI: V167QI9I69W364E2DY52 | Long             | DBT              | CORP              | US        |     700000 | PA      | $603176.00     | 0.00%             | 2028-05-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| MEXICO CITY ARPT TRUST                                                           | Mexico City Airport Trust                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     600000 | PA      | $488016.00     | 0.00%             | 2046-10-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MUMTALAKAT SUKUK HOLDING                                                         | Mumtalakat Sukuk Holding Co                                                      | CUSIP: 000000000<br>LEI: 549300EN7U0YPUUKDX15 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $199418.00     | 0.00%             | 2024-02-27      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                                              | SVB Financial Group                                                              | CUSIP: 78486QAL5<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |     780000 | PA      | $690292.20     | 0.00%             | 2026-10-28      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL Environmental Inc                                                            | CUSIP: 36168QAF1<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     310000 | PA      | $301657.90     | 0.00%             | 2026-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Dover Corp                                                                       | Dover Corp                                                                       | CUSIP: 260003AM0<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |     320000 | PA      | $307328.00     | 0.00%             | 2025-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167FE8<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    5288000 | PA      | $4998905.04    | 0.02%             | 2024-06-11      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| BRF SA                                                                           | BRF SA                                                                           | CUSIP: 000000000<br>LEI: 254900MTXR9LUVQFU480 | Long             | DBT              | CORP              | BR        |     820000 | PA      | $575500.60     | 0.00%             | 2050-09-21      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                             | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     579000 | PA      | $506816.07     | 0.00%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES LUX                                                           | Trane Technologies Luxembourg Finance SA                                         | CUSIP: 456873AC2<br>LEI: 549300GHBOWCVY92IS29 | Long             | DBT              | CORP              | LU        |     130000 | PA      | $116394.20     | 0.00%             | 2044-11-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABL0<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     270000 | PA      | $284488.20     | 0.00%             | 2030-04-08      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140HFFN4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     114108 | PA      | $115632.87     | 0.00%             | 2048-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     810000 | PA      | $790956.90     | 0.00%             | 2025-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GYNH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      93544 | PA      | $91296.51      | 0.00%             | 2032-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CQ0<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     161000 | PA      | $132673.66     | 0.00%             | 2047-09-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Magna International Inc                                                          | Magna International Inc                                                          | CUSIP: 559222AQ7<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | DBT              | CORP              | CA        |    1010000 | PA      | $992203.80     | 0.00%             | 2024-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                                                            | Lincoln National Corp                                                            | CUSIP: 534187BJ7<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |     693000 | PA      | $602459.55     | 0.00%             | 2030-01-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                                         | Blackstone Holdings Finance Co LLC                                               | CUSIP: 09261BAB6<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |     528000 | PA      | $329683.20     | 0.00%             | 2050-09-30      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                                                           | Brazilian Government International Bond                                          | CUSIP: 105756AR1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     600000 | PA      | $625068.00     | 0.00%             | 2024-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CV7<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     200000 | PA      | $206570.00     | 0.00%             | 2027-10-13      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 31329QCR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     207675 | PA      | $203718.47     | 0.00%             | 2049-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG                                                         | New York Life Global Funding                                                     | CUSIP: 64952WEH2<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |     900000 | PA      | $842868.00     | 0.00%             | 2024-08-27      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| OMNICOM GROUP INC                                                                | Omnicom Group Inc                                                                | CUSIP: 681919BD7<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |     455000 | PA      | $386422.40     | 0.00%             | 2031-08-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                                              | Gilead Sciences Inc                                                              | CUSIP: 375558BY8<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     670000 | PA      | $552642.80     | 0.00%             | 2030-10-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                             | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    1215000 | PA      | $1208341.80    | 0.01%             | 2026-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 21987BAR9<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $513816.00     | 0.00%             | 2042-07-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                    | CUSIP: 59259YGF0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     265000 | PA      | $292588.36     | 0.00%             | 2040-11-15      | Fixed         | 6.81%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822AN4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     340000 | PA      | $329721.80     | 0.00%             | 2027-02-22      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| Triumph Group Inc                                                                | Triumph Group Inc                                                                | CUSIP: 896818AP6<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |     415000 | PA      | $353061.25     | 0.00%             | 2025-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| NAVER CORP                                                                       | NAVER Corp                                                                       | CUSIP: 000000000<br>LEI: 988400ULUQYDB2HQYJ61 | Long             | DBT              | CORP              | KR        |     600000 | PA      | $536958.00     | 0.00%             | 2026-03-29      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BY9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    2825000 | PA      | $2750956.75    | 0.01%             | 2027-02-06      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| PRICOA GLOBAL FUNDING 1                                                          | Pricoa Global Funding I                                                          | CUSIP: 74153WCQ0<br>LEI: 635400IBXEBMD9ADYA79 | Long             | DBT              | CORP              | US        |     685000 | PA      | $639639.30     | 0.00%             | 2024-12-06      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BH4<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1377000 | PA      | $1281835.53    | 0.01%             | 2046-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                                                         | FMC Corp                                                                         | CUSIP: 302491AU9<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     356000 | PA      | $327498.64     | 0.00%             | 2029-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                                                         | Sumitomo Mitsui Trust Bank Ltd                                                   | CUSIP: 86563VAT6<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    1170000 | PA      | $1054099.80    | 0.01%             | 2025-09-12      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| YAPI VE KREDI BANKASI AS                                                         | Yapi ve Kredi Bankasi AS                                                         | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $379056.00     | 0.00%             | 2031-01-22      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDG8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     540000 | PA      | $516542.40     | 0.00%             | 2024-03-08      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCN3<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     905000 | PA      | $804834.60     | 0.00%             | 2030-03-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF CHILE                                                                | Chile Government International Bond                                              | CUSIP: 168863DN5<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    1200000 | PA      | $1019556.00    | 0.00%             | 2032-01-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| INDONESIA ASAHAN ALUMINI                                                         | Indonesia Asahan Aluminium Persero PT                                            | CUSIP: 000000000<br>LEI: 2549008P48EB9SN2OI80 | Long             | DBT              | CORP              | ID        |    1000000 | PA      | $999620.00     | 0.00%             | 2030-05-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WED9<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     190000 | PA      | $191803.10     | 0.00%             | 2028-01-12      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MUANG THAI LIFE ASSURANC                                                         | Muang Thai Life Assurance PCL                                                    | CUSIP: 000000000<br>LEI: 549300V70GAMNLTH3D74 | Long             | DBT              | CORP              | TH        |     400000 | PA      | $355248.00     | 0.00%             | 2037-01-27      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| State Board of Administration Finance Corp                                       | FLORIDA ST BRD OF ADMIN FIN CORP REVENUE                                         | CUSIP: 341271AE4<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |     500000 | PA      | $445701.00     | 0.00%             | 2027-07-01      | Fixed         | 1.71%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VBE3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     505000 | PA      | $486825.05     | 0.00%             | 2041-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| APA INFRASTRUCTURE LTD                                                           | APA Infrastructure Ltd                                                           | CUSIP: 00205GAD9<br>LEI: 261700SS8OEHDOCOUJ33 | Long             | DBT              | CORP              | AU        |      85000 | PA      | $81523.50      | 0.00%             | 2027-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SEMPRA ENERGY                                                                    | Sempra Energy                                                                    | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     685000 | PA      | $595388.30     | 0.00%             | 2052-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                          | CUSIP: 404119CB3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     635000 | PA      | $445382.65     | 0.00%             | 2051-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                                                     | Navient Corp                                                                     | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     330000 | PA      | $326000.40     | 0.00%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE GAS & ELEC                                                            | Louisville Gas and Electric Co                                                   | CUSIP: 546676AW7<br>LEI: KO3GRIB3RPH1XDX50U72 | Long             | DBT              | CORP              | US        |      88000 | PA      | $85039.68      | 0.00%             | 2025-10-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                     | CUSIP: 863667AJ0<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     570000 | PA      | $538570.20     | 0.00%             | 2046-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                                                         | Caterpillar Financial Services Corp                                              | CUSIP: 14913Q3B3<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    1203000 | PA      | $1156792.77    | 0.01%             | 2024-11-08      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                                                   | CUSIP: 91412GU94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      50000 | PA      | $48498.15      | 0.00%             | 2025-07-01      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| NEDER WATERSCHAPSBANK                                                            | Nederlandse Waterschapsbank NV                                                   | CUSIP: 63983TBU8<br>LEI: JLP5FSPH9WPSHY3NIM24 | Long             | DBT              | NUSS              | NL        |      55000 | PA      | $45133.55      | 0.00%             | 2030-05-28      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VAR1<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    1154000 | PA      | $1108359.30    | 0.01%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KMXX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   18899471 | PA      | $16619553.10   | 0.08%             | 2051-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FAS0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    1329000 | PA      | $1223344.50    | 0.01%             | 2032-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SEG HLD LLC/SEG FIN CORP                                                         | SEG Holding LLC / SEG Finance Corp                                               | CUSIP: 78397KAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     190000 | PA      | $180853.40     | 0.00%             | 2028-10-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CIA CERVECERIAS UNIDAS                                                           | Cia Cervecerias Unidas SA                                                        | CUSIP: 000000000<br>LEI: 529900BJW9B0O6LI2R39 | Long             | DBT              | CORP              | CL        |     300000 | PA      | $257415.00     | 0.00%             | 2032-01-19      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| DIB SUKUK LTD                                                                    | DIB Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300U3ZMUHC2JQLL56 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $574410.00     | 0.00%             | 2025-02-20      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                                         | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     500000 | PA      | $458525.00     | 0.00%             | 2027-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                                                   | Var Energi ASA                                                                   | CUSIP: 92212WAD2<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |     400000 | PA      | $421424.00     | 0.00%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NBK TIER 1 FINANCING 2                                                           | NBK Tier 1 Financing 2 Ltd                                                       | CUSIP: 000000000<br>LEI: 549300HMWSJFNREWT164 | Long             | DBT              | CORP              | AE        |     600000 | PA      | $565116.00     | 0.00%             | 2025-08-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| APA INFRASTRUCTURE LTD                                                           | APA Infrastructure Ltd                                                           | CUSIP: 00205GAB3<br>LEI: 261700SS8OEHDOCOUJ33 | Long             | DBT              | CORP              | AU        |     684000 | PA      | $667631.88     | 0.00%             | 2025-03-23      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Mattel Inc                                                                       | Mattel Inc                                                                       | CUSIP: 577081AW2<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |     245000 | PA      | $210675.50     | 0.00%             | 2041-11-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: —       |
| CAISSE D'AMORT DETTE SOC                                                         | Caisse d'Amortissement de la Dette Sociale                                       | CUSIP: 12802D2C9<br>LEI: 969500P04DQJS4BPM574 | Long             | DBT              | NUSS              | FR        |     250000 | PA      | $208162.50     | 0.00%             | 2031-01-20      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Transocean Inc                                                                   | Transocean Inc                                                                   | CUSIP: 893830BK4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     210000 | PA      | $199600.80     | 0.00%             | 2025-11-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| CEMEX SAB DE CV                                                                  | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $579456.00     | 0.00%             | 2029-11-19      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER                                                          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RAX0<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |     230000 | PA      | $207036.80     | 0.00%             | 2026-06-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS                                                         | LCM Investments Holdings II LLC                                                  | CUSIP: 50190EAA2<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |     702000 | PA      | $579318.48     | 0.00%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC                                                         | Constellation Energy Generation LLC                                              | CUSIP: 30161MAJ2<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |     560000 | PA      | $569760.80     | 0.00%             | 2041-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University/The                                                | PENNSYLVANIA ST UNIV                                                             | CUSIP: 709235T70<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |     500000 | PA      | $395331.50     | 0.00%             | 2043-09-01      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                                                           | Match Group Holdings II LLC                                                      | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     350000 | PA      | $280885.50     | 0.00%             | 2031-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                                 | Bank of Montreal                                                                 | CUSIP: 06368BGS1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     636000 | PA      | $580248.24     | 0.00%             | 2032-12-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154CY3<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    1000000 | PA      | $968550.00     | 0.00%             | 2024-06-25      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                          | Duke Energy Florida LLC                                                          | CUSIP: 26444HAC5<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |     325000 | PA      | $312269.75     | 0.00%             | 2027-01-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                                                        | Ball Corp                                                                        | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     901000 | PA      | $740333.68     | 0.00%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123CK4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2400000 | PA      | $2124000.00    | 0.01%             | 2026-10-09      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CBE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   58120000 | PA      | $55618115.92   | 0.27%             | 2024-01-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| ASSURED GUARANTY US HLDG                                                         | Assured Guaranty US Holdings Inc                                                 | CUSIP: 04621WAC4<br>LEI: 5493007YCE0652G9TZ64 | Long             | DBT              | CORP              | US        |     143000 | PA      | $143278.85     | 0.00%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| ROCHE HOLDINGS INC                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BY7<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $846576.00     | 0.00%             | 2051-12-13      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 202712BK0<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    2240000 | PA      | $1948710.40    | 0.01%             | 2034-09-12      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SUV7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     171474 | PA      | $165513.71     | 0.00%             | 2047-01-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BX1<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    1587000 | PA      | $1559116.41    | 0.01%             | 2024-02-06      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CME Group Inc                                                                    | CME Group Inc                                                                    | CUSIP: 12572QAH8<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | DBT              | CORP              | US        |     234000 | PA      | $222927.12     | 0.00%             | 2048-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| CNX RESOURCES CORP                                                               | CNX Resources Corp                                                               | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     350000 | PA      | $323456.00     | 0.00%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QMVC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5997390 | PA      | $5272233.01    | 0.03%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     400000 | PA      | $270320.00     | 0.00%             | 2040-04-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Weyerhaeuser Co                                                                  | Weyerhaeuser Co                                                                  | CUSIP: 962166AW4<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |      72000 | PA      | $78592.32      | 0.00%             | 2027-10-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FVVS2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      16657 | PA      | $16704.53      | 0.00%             | 2047-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                                               | Province of Quebec Canada                                                        | CUSIP: 748148RZ8<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    2470000 | PA      | $2334397.00    | 0.01%             | 2025-02-11      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                         | CUSIP: 44106MAS1<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     232000 | PA      | $226552.64     | 0.00%             | 2024-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Thomson Reuters Corp                                                             | Thomson Reuters Corp                                                             | CUSIP: 884903BV6<br>LEI: 549300561UZND4C7B569 | Long             | DBT              | CORP              | CA        |    1148000 | PA      | $1102849.16    | 0.01%             | 2026-05-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ARES FINANCE CO II LLC                                                           | Ares Finance Co II LLC                                                           | CUSIP: 04015KAB6<br>LEI: 54930012GWL4VKKENG46 | Long             | DBT              | CORP              | US        |     200000 | PA      | $170904.00     | 0.00%             | 2030-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NEWCASTLE COAL INFRASTRU                                                         | Newcastle Coal Infrastructure Group Pty Ltd                                      | CUSIP: 65106WAA3<br>LEI: 549300YAJ8XYYGW2TZ32 | Long             | DBT              | CORP              | AU        |     359000 | PA      | $322769.72     | 0.00%             | 2027-09-29      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | Adobe Inc                                                                        | CUSIP: 00724PAB5<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |     256000 | PA      | $243440.64     | 0.00%             | 2025-02-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XAV7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1303000 | PA      | $1205418.33    | 0.01%             | 2034-07-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MAD63<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     103821 | PA      | $103931.71     | 0.00%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                                                               | Union Pacific Corp                                                               | CUSIP: 907818FG8<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    1420000 | PA      | $1176242.80    | 0.01%             | 2060-03-20      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| HPHT FINANCE 19 LTD                                                              | HPHT Finance 19 Ltd                                                              | CUSIP: 000000000<br>LEI: 254900U58MWSWY66P584 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $576840.00     | 0.00%             | 2024-11-05      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH LEASE REVENUE                                        | CUSIP: 645913AA2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    1085000 | PA      | $1191699.99    | 0.01%             | 2029-02-15      | Fixed         | 7.43%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967LS8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    2008000 | PA      | $1882018.08    | 0.01%             | 2028-10-27      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| CASTLE US HOLDING CORP                                                           | Castle US Holding Corp                                                           | CUSIP: 14852LAA1<br>LEI: 254900VXLMLPIE9ID612 | Long             | DBT              | CORP              | US        |     250000 | PA      | $97602.50      | 0.00%             | 2028-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| QATAR ENERGY                                                                     | QatarEnergy                                                                      | CUSIP: 000000000<br>LEI: 254900QTESJKJ3P87J26 | Long             | DBT              | CORP              | QA        |    2800000 | PA      | $2223900.00    | 0.01%             | 2041-07-12      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XHZ34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     220006 | PA      | $224024.27     | 0.00%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GBN1<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    1242000 | PA      | $1119998.34    | 0.01%             | 2030-10-15      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TKF1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     435000 | PA      | $425617.05     | 0.00%             | 2025-08-18      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                                                                  | IHS Holding Ltd                                                                  | CUSIP: 000000000<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $326576.00     | 0.00%             | 2028-11-29      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN                                                         | Northern States Power Co/MN                                                      | CUSIP: 665772CV9<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     255000 | PA      | $246901.20     | 0.00%             | 2052-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Unilever Capital Corp                                                            | Unilever Capital Corp                                                            | CUSIP: 904764BC0<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |     540000 | PA      | $520797.60     | 0.00%             | 2028-03-22      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAA6<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     300000 | PA      | $285228.00     | 0.00%             | 2027-05-25      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BCEG HONGKONG CO LTD                                                             | BCEG HongKong Co Ltd                                                             | CUSIP: 000000000<br>LEI: 3003005SOPRBUDFEY106 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $363184.00     | 0.00%             | 2026-07-02      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                                             | Tencent Holdings Ltd                                                             | CUSIP: 88032XAM6<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $767256.00     | 0.00%             | 2026-04-11      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| PARK AEROSPACE HOLDINGS                                                          | Park Aerospace Holdings Ltd                                                      | CUSIP: 70014LAB6<br>LEI: 635400CPI3EOIFF6OC33 | Long             | DBT              | CORP              | KY        |     935000 | PA      | $928445.65     | 0.00%             | 2024-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                       | CUSIP: 695114BT4<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     175000 | PA      | $212476.25     | 0.00%             | 2031-11-15      | Fixed         | 7.70%                 | No            |                  2 | On Loan: —       |
| BNG BANK NV                                                                      | BNG Bank NV                                                                      | CUSIP: 05591F2F6<br>LEI: 529900GGYMNGRQTDOO93 | Long             | DBT              | NUSS              | NL        |    1040000 | PA      | $988780.00     | 0.00%             | 2024-10-16      | Fixed         | 1.50%                 | No            |                  2 | On Loan: —       |
| ESTEE LAUDER CO INC                                                              | Estee Lauder Cos Inc/The                                                         | CUSIP: 29736RAG5<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |     387000 | PA      | $370328.04     | 0.00%             | 2045-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHINALCO CAPITAL HOLDING                                                         | Chinalco Capital Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 5493003PX4GYVUD3CQ19 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $196124.00     | 0.00%             | 2024-09-11      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630DG0<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |    1000000 | PA      | $878110.00     | 0.00%             | 2026-07-19      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| VICTORS MERGER CORP                                                              | Victors Merger Corp                                                              | CUSIP: 92641PAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     390000 | PA      | $241374.90     | 0.00%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK                                                                 | Fifth Third Bank NA                                                              | CUSIP: 31677AAB0<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |     468000 | PA      | $451858.68     | 0.00%             | 2026-03-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                                                  | Sealed Air Corp                                                                  | CUSIP: 81211KAW0<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     305000 | PA      | $303847.10     | 0.00%             | 2024-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 05565AAR4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1240000 | PA      | $1211852.00    | 0.01%             | 2026-05-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS                                                         | Suburban Propane Partners LP/Suburban Energy Finance Corp                        | CUSIP: 864486AK1<br>LEI: JJAX4X60DE65EYFOTY73 | Long             | DBT              | CORP              | US        |     245000 | PA      | $237113.45     | 0.00%             | 2027-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WF3E7<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      73563 | PA      | $70342.34      | 0.00%             | 2046-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                             | Bank of America Corp                                                             | CUSIP: 06051GHR3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1430000 | PA      | $1402572.60    | 0.01%             | 2025-03-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RGQ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    2407000 | PA      | $2348004.43    | 0.01%             | 2030-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                                              | Fifth Third Bancorp                                                              | CUSIP: 316773DJ6<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     650000 | PA      | $686835.50     | 0.00%             | 2028-10-27      | Fixed         | 6.36%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ELECTRIC                                                          | Public Service Electric and Gas Co                                               | CUSIP: 74456QBS4<br>LEI: 549300RUHPVD434XUK18 | Long             | DBT              | CORP              | US        |     125000 | PA      | $118935.00     | 0.00%             | 2027-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X7VZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4986806 | PA      | $4406671.01    | 0.02%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AIA GROUP LTD                                                                    | AIA Group Ltd                                                                    | CUSIP: 00131LAJ4<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |     946000 | PA      | $872164.70     | 0.00%             | 2030-04-07      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     900000 | PA      | $835290.00     | 0.00%             | 2030-10-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp                                                          | Marathon Petroleum Corp                                                          | CUSIP: 56585AAH5<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |     585000 | PA      | $524704.05     | 0.00%             | 2044-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MSU ENERGY SA / UGEN SA                                                          | MSU Energy SA / UGEN SA / UENSA SA                                               | CUSIP: 000000000<br>LEI: 529900D1ZX75KRP2HC66 | Long             | DBT              | CORP              | AR        |     400000 | PA      | $307124.00     | 0.00%             | 2025-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128284R8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20400000 | PA      | $19859718.85   | 0.10%             | 2025-05-31      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| KIMCO REALTY OP LLC                                                              | Kimco Realty OP LLC                                                              | CUSIP: 49446RAX7<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              |  | US        |     130000 | PA      | $112369.40     | 0.00%             | 2028-03-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| CBQ FINANCE LTD                                                                  | CBQ Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 213800FNEMX56U9OHK56 | Long             | DBT              | CORP              | BM        |     400000 | PA      | $370536.00     | 0.00%             | 2025-09-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BP2<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    1160000 | PA      | $1110966.80    | 0.01%             | 2027-05-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CENTURY COMMUNITIES                                                              | Century Communities Inc                                                          | CUSIP: 156504AM4<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |     340000 | PA      | $286082.80     | 0.00%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HEALTHEQUITY INC                                                                 | HealthEquity Inc                                                                 | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |     400000 | PA      | $357908.00     | 0.00%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                                                         | Willis North America Inc                                                         | CUSIP: 970648AK7<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     503000 | PA      | $387370.36     | 0.00%             | 2049-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                                                            | Nippon Life Insurance Co                                                         | CUSIP: 654579AH4<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |     660000 | PA      | $557693.40     | 0.00%             | 2051-01-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132L8T31<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     198632 | PA      | $189886.04     | 0.00%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                                          | Booz Allen Hamilton Inc                                                          | CUSIP: 09951LAA1<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |     440000 | PA      | $397390.40     | 0.00%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                              | Citigroup Commercial Mortgage Trust 2016-P6                                      | CUSIP: 17291EAV3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8868087 | PA      | $8432121.58    | 0.04%             | 2049-12-10      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                                                           | Radiology Partners Inc                                                           | CUSIP: 75041VAA2<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |     495000 | PA      | $299420.55     | 0.00%             | 2028-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| WMG ACQUISITION CORP                                                             | WMG Acquisition Corp                                                             | CUSIP: 92933BAT1<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |     300000 | PA      | $262737.00     | 0.00%             | 2029-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EQUATE SUKUK SPC LTD                                                             | Equate Sukuk Spc Ltd                                                             | CUSIP: 000000000<br>LEI: 635400Z3EZF2GJPTDR68 | Long             | DBT              | CORP              | AE        |    1000000 | PA      | $988100.00     | 0.00%             | 2024-02-21      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBL9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1639000 | PA      | $1401869.48    | 0.01%             | 2031-04-22      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                                                             | Range Resources Corp                                                             | CUSIP: 75281ABK4<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |     315000 | PA      | $283292.10     | 0.00%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                                                           | AthenaHealth Group Inc                                                           | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |    1690000 | PA      | $1394672.50    | 0.01%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SSP3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1294304 | PA      | $1209999.86    | 0.01%             | 2046-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CINTAS CORPORATION NO. 2                                                         | Cintas Corp No 2                                                                 | CUSIP: 17252MAP5<br>LEI: 549300QVUQTTKMTE0G41 | Long             | DBT              | CORP              | US        |     195000 | PA      | $189990.45     | 0.00%             | 2025-05-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                              | CUSIP: 002819AC4<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |     573000 | PA      | $672564.48     | 0.00%             | 2037-11-30      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Gohl Capital Ltd                                                                 | Gohl Capital Ltd                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IM        |    1375000 | PA      | $1267956.25    | 0.01%             | 2027-01-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| INTERFACE INC                                                                    | Interface Inc                                                                    | CUSIP: 458665AS5<br>LEI: 549300VXZWQOIDFPU355 | Long             | DBT              | CORP              | US        |     250000 | PA      | $210005.00     | 0.00%             | 2028-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BOC AVIATION USA CORP                                                            | BOC Aviation USA Corp                                                            | CUSIP: 66980P2A6<br>LEI: 254900QKLTY6MF4Y3P65 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $956190.00     | 0.00%             | 2024-04-29      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                                                         | MassMutual Global Funding II                                                     | CUSIP: 57629WCQ1<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1012693.00    | 0.00%             | 2027-01-14      | Fixed         | 2.35%                 | No            |                  2 | On Loan: —       |
| LADDER CAP FIN LLLP/CORP                                                         | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              |  | US        |     395000 | PA      | $348089.80     | 0.00%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                                                         | Baxter International Inc                                                         | CUSIP: 071813CL1<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    1395000 | PA      | $1259099.10    | 0.01%             | 2027-02-01      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| BRUNDAGE-BONE CONCRETE                                                           | Brundage-Bone Concrete Pumping Holdings Inc                                      | CUSIP: 66981QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     275000 | PA      | $261896.25     | 0.00%             | 2026-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29278NAD5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     127000 | PA      | $125300.74     | 0.00%             | 2038-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                                              | NuStar Logistics LP                                                              | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     425000 | PA      | $409504.50     | 0.00%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co                                                         | Florida Power & Light Co                                                         | CUSIP: 341081FB8<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     494000 | PA      | $552914.44     | 0.00%             | 2039-04-01      | Fixed         | 5.96%                 | No            |                  2 | On Loan: No      |
| CHENIERE CORP CHRISTI HD                                                         | Cheniere Corpus Christi Holdings LLC                                             | CUSIP: 16412XAG0<br>LEI: 549300I7CIEWU1BBLQ53 | Long             | DBT              | CORP              | US        |     788000 | PA      | $793846.96     | 0.00%             | 2027-06-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CF Industries Inc                                                                | CF Industries Inc                                                                | CUSIP: 12527GAH6<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |     505000 | PA      | $498621.85     | 0.00%             | 2026-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                           | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1800000 | PA      | $1780722.00    | 0.01%             | 2048-01-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3150000 | PA      | $2886433.61    | 0.01%             | 2025-05-31      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| DANA INC                                                                         | Dana Inc                                                                         | CUSIP: 235825AG1<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     265000 | PA      | $250425.00     | 0.00%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                                                               | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     400000 | PA      | $373156.00     | 0.00%             | 2047-09-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN PENERBIT SBSN                                                         | Perusahaan Penerbit SBSN Indonesia III                                           | CUSIP: 71567RAS5<br>LEI: 254900G208H6Q0L5B953 | Long             | DBT              | NUSS              | ID        |     630000 | PA      | $545523.30     | 0.00%             | 2031-06-09      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179SSQ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     623020 | PA      | $601363.00     | 0.00%             | 2046-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ3F5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1181505 | PA      | $1160506.61    | 0.01%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corp                                                             | Southern Copper Corp                                                             | CUSIP: 84265VAG0<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |    1046000 | PA      | $1033950.08    | 0.00%             | 2042-11-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EEA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5320908 | PA      | $4980254.96    | 0.02%             | 2037-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CC8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1015000 | PA      | $750054.55     | 0.00%             | 2061-05-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7HS9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     160135 | PA      | $152935.93     | 0.00%             | 2047-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                                                          | KeyCorp                                                                          | CUSIP: 49326EEL3<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |     260000 | PA      | $255392.80     | 0.00%             | 2025-05-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                            | CUSIP: 575718AJ0<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |     357000 | PA      | $284596.83     | 0.00%             | 2052-04-01      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| ALFA DESARROLLO SPA                                                              | Alfa Desarrollo SpA                                                              | CUSIP: 000000000<br>LEI: 2549006BJAN34R520038 | Long             | DBT              | CORP              | CL        |     797084 | PA      | $640775.60     | 0.00%             | 2051-09-27      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ4M9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      65076 | PA      | $65305.67      | 0.00%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AGRICULTURAL BK CHINA/NY                                                         | Agricultural Bank of China Ltd/New York                                          | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | DBT              | CORP              | CN        |     800000 | PA      | $728496.00     | 0.00%             | 2026-01-19      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                                              | Dominion Energy Inc                                                              | CUSIP: 25746UCK3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     969000 | PA      | $907962.69     | 0.00%             | 2026-08-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| SK INVICTUS INTERMEDIATE                                                         | SK Invictus Intermediate II Sarl                                                 | CUSIP: 29977LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     535000 | PA      | $443375.90     | 0.00%             | 2029-10-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 63743HFE7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     170000 | PA      | $165396.40     | 0.00%             | 2025-06-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                                                     | DNB Bank ASA                                                                     | CUSIP: 23341CAC7<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    1650000 | PA      | $1668727.50    | 0.01%             | 2026-10-09      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| BEST BUY CO INC                                                                  | Best Buy Co Inc                                                                  | CUSIP: 08652BAB5<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | DBT              | CORP              | US        |     870000 | PA      | $710624.70     | 0.00%             | 2030-10-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | Altice France SA/France                                                          | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    1695000 | PA      | $1331168.25    | 0.01%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                              | CUSIP: 03027XAU4<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     542000 | PA      | $510260.48     | 0.00%             | 2029-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828YY0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   27840000 | PA      | $26587200.00   | 0.13%             | 2024-12-31      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                              | CUSIP: 002824AY6<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |     418000 | PA      | $453212.32     | 0.00%             | 2040-05-27      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CHINALCO CAPITAL HOLDING                                                         | Chinalco Capital Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 5493003PX4GYVUD3CQ19 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $373000.00     | 0.00%             | 2027-02-24      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132XW5W7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       8094 | PA      | $8048.11       | 0.00%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBE0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    1218000 | PA      | $1058807.40    | 0.01%             | 2028-02-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: —       |
| EURO STABILITY MECHANISM                                                         | European Stability Mechanism                                                     | CUSIP: 29881WAC6<br>LEI: 222100W4EEAQ77386N50 | Long             | DBT              | NUSS              | XX        |      50000 | PA      | $47591.00      | 0.00%             | 2024-09-11      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                              | Delta Air Lines Inc                                                              | CUSIP: 247361ZT8<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     378000 | PA      | $334427.94     | 0.00%             | 2029-10-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280AH2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     390000 | PA      | $428317.50     | 0.00%             | 2037-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599DC6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     710000 | PA      | $717710.60     | 0.00%             | 2026-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Toledo Hospital/The                                                              | Toledo Hospital/The                                                              | CUSIP: 889184AC1<br>LEI: 5493009DCR7NWV6K4T34 | Long             | DBT              | CORP              | US        |     167000 | PA      | $136287.03     | 0.00%             | 2028-11-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PAA4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1508000 | PA      | $1364453.48    | 0.01%             | 2048-02-22      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CS6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     485000 | PA      | $456089.15     | 0.00%             | 2025-05-24      | Fixed         | 0.98%                 | No            |                  2 | On Loan: No      |
| NASDAQ INC                                                                       | Nasdaq Inc                                                                       | CUSIP: 63111XAD3<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     758000 | PA      | $605255.42     | 0.00%             | 2031-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| 3M COMPANY                                                                       | 3M Co                                                                            | CUSIP: 88579YBN0<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | DBT              | CORP              | US        |     273000 | PA      | $245923.86     | 0.00%             | 2030-04-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: —       |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167EQ2<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    2714000 | PA      | $2584487.92    | 0.01%             | 2024-10-18      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| STILLWATER MINING CO                                                             | Stillwater Mining Co                                                             | CUSIP: 000000000<br>LEI: 6354007DPCY4ZN2MRR73 | Long             | DBT              | CORP              | US        |     400000 | PA      | $370000.00     | 0.00%             | 2026-11-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91086QAZ1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1800000 | PA      | $1623564.00    | 0.01%             | 2110-10-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     800000 | PA      | $665216.00     | 0.00%             | 2027-09-30      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| HTA GROUP LTD                                                                    | HTA Group Ltd/Mauritius                                                          | CUSIP: 000000000<br>LEI: 213800WEFU8O8X6EPU13 | Long             | DBT              | CORP              | MU        |     600000 | PA      | $564114.00     | 0.00%             | 2025-12-18      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| EIG PEARL HOLDINGS SARL                                                          | EIG Pearl Holdings Sarl                                                          | CUSIP: 000000000<br>LEI: 549300KIMRL45BWA5H76 | Long             | DBT              | CORP              | LU        |     800000 | PA      | $695552.00     | 0.00%             | 2036-08-31      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BB9<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    1049000 | PA      | $1019355.26    | 0.00%             | 2025-02-12      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCPY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6038502 | PA      | $5503506.26    | 0.03%             | 2036-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones SAU                                                         | Telefonica Emisiones SA                                                          | CUSIP: 87938WAU7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    1741000 | PA      | $1532602.30    | 0.01%             | 2047-03-08      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| HEALTHPEAK PROPERTIES                                                            | Healthpeak Properties Inc                                                        | CUSIP: 40414LAR0<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     506000 | PA      | $464249.94     | 0.00%             | 2029-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 292480AJ9<br>LEI: 549300TLGDBYE711G509 | Long             | DBT              | CORP              | US        |     537000 | PA      | $471845.79     | 0.00%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STORE Capital Corp                                                               | STORE Capital Corp                                                               | CUSIP: 862121AB6<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | DBT              |  | US        |     732000 | PA      | $669501.84     | 0.00%             | 2029-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FX6<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     195000 | PA      | $181065.30     | 0.00%             | 2030-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJL4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1450000 | PA      | $1165307.00    | 0.01%             | 2031-10-24      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                                                         | National Retail Properties Inc                                                   | CUSIP: 637417AK2<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |     135000 | PA      | $126200.70     | 0.00%             | 2027-10-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RBJ7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     782000 | PA      | $781663.74     | 0.00%             | 2045-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBY0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    2595000 | PA      | $1876755.90    | 0.01%             | 2060-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                                              | Global Payments Inc                                                              | CUSIP: 37940XAR3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     465000 | PA      | $458750.40     | 0.00%             | 2052-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG Energy Inc                                                                   | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     900000 | PA      | $713475.00     | 0.00%             | 2031-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                           | Asian Development Bank                                                           | CUSIP: 045167EC3<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |     150000 | PA      | $141388.50     | 0.00%             | 2027-08-10      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GHY8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1390000 | PA      | $1304459.40    | 0.01%             | 2026-02-13      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University/The                                                | PENNSYLVANIA ST UNIV                                                             | CUSIP: 709235T88<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |     250000 | PA      | $186553.25     | 0.00%             | 2050-09-01      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE                                                              | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     375000 | PA      | $322027.50     | 0.00%             | 2031-12-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                                              | Travel + Leisure Co                                                              | CUSIP: 98310WAP3<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     235000 | PA      | $233803.85     | 0.00%             | 2024-04-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Santander UK PLC                                                                 | Santander UK PLC                                                                 | CUSIP: 80283LAJ2<br>LEI: PTCQB104N23FMNK2RZ28 | Long             | DBT              | CORP              | GB        |    1095000 | PA      | $1083732.45    | 0.01%             | 2024-03-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280BH1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    1225000 | PA      | $1206196.25    | 0.01%             | 2026-11-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Northwestern University                                                          | Northwestern University                                                          | CUSIP: 668444AC6<br>LEI: OBWWNZE695DUK77DTI34 | Long             | DBT              | CORP              | US        |     338000 | PA      | $339892.80     | 0.00%             | 2044-12-01      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                                                               | Panama Government International Bond                                             | CUSIP: 698299BM5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1800000 | PA      | $1367946.00    | 0.01%             | 2056-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                                          | Nationwide Building Society                                                      | CUSIP: 63859UBF9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     660000 | PA      | $596521.20     | 0.00%             | 2025-08-28      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                                            | Republic Services Inc                                                            | CUSIP: 760759AV2<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |     634000 | PA      | $549735.06     | 0.00%             | 2030-03-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160CM4<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     376000 | PA      | $326841.76     | 0.00%             | 2048-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408HL0<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     517000 | PA      | $474833.48     | 0.00%             | 2068-03-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                                                        | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $384732.00     | 0.00%             | 2027-07-06      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| TEMASEK FINANCIAL I LTD                                                          | Temasek Financial I Ltd                                                          | CUSIP: 87973PAD6<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |     500000 | PA      | $433500.00     | 0.00%             | 2042-07-23      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| AVALONBAY COMMUNITIES                                                            | AvalonBay Communities Inc                                                        | CUSIP: 05348EBA6<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              |  | US        |     134000 | PA      | $127295.98     | 0.00%             | 2027-05-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397C43<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     350000 | PA      | $357966.00     | 0.00%             | 2026-03-06      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                                              | Sirius XM Radio Inc                                                              | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     934000 | PA      | $875737.08     | 0.00%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 683234AR9<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |    2985000 | PA      | $2429909.40    | 0.01%             | 2030-10-07      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| PROLOGIS LP                                                                      | PROLOGIS LP                                                                      | CUSIP: 74340XCA7<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     525000 | PA      | $429502.50     | 0.00%             | 2031-02-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                                            | NEW YORK ST URBAN DEV CORP REVENUE                                               | CUSIP: 650035TD0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     175000 | PA      | $184586.33     | 0.00%             | 2039-03-15      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                                                          | Canadian Natural Resources Ltd                                                   | CUSIP: 136385AZ4<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     578000 | PA      | $541175.62     | 0.00%             | 2025-07-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VGB4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    2815000 | PA      | $2186100.85    | 0.01%             | 2051-03-22      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225401AT5<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    2425000 | PA      | $2013259.25    | 0.01%             | 2027-02-02      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF PENNSYLVAN                                                         | Trustees of the University of Pennsylvania/The                                   | CUSIP: 91481CAC4<br>LEI: 549300FG60YK9HZ7DS75 | Long             | DBT              | CORP              | US        |     255000 | PA      | $185160.60     | 0.00%             | 2119-02-15      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| MASS GENERAL BRIGHAM INC                                                         | Mass General Brigham Inc                                                         | CUSIP: 70213HAF5<br>LEI: 5493007Z86EDN0QFYU66 | Long             | DBT              | CORP              | US        |     488000 | PA      | $358479.92     | 0.00%             | 2060-07-01      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| NORTHWEST FIBER LLC/NORT                                                         | Northwest Fiber LLC / Northwest Fiber Finance Sub Inc                            | CUSIP: 667449AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     135000 | PA      | $126462.60     | 0.00%             | 2028-06-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05583JAG7<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    1350000 | PA      | $1273023.00    | 0.01%             | 2025-01-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| INGERSOLL-RAND GL HLD CO                                                         | Trane Technologies Global Holding Co Ltd                                         | CUSIP: 45687AAN2<br>LEI: 549300UCF0D858BIOV83 | Long             | DBT              | CORP              | US        |     230000 | PA      | $194977.90     | 0.00%             | 2048-02-21      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                                             | Colombia Government International Bond                                           | CUSIP: 195325DL6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    1262000 | PA      | $1146552.24    | 0.01%             | 2027-04-25      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                                                           | Santander Holdings USA Inc                                                       | CUSIP: 80282KAP1<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    1458000 | PA      | $1418298.66    | 0.01%             | 2027-07-13      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae                                                                       | CUSIP: 21H052629<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1353000 | PA      | $1374880.54    | 0.01%             | 2053-02-21      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHINA DEVELOPMENT BANK                                                           | China Development Bank                                                           | CUSIP: 000000000<br>LEI: 300300C1020111000029 | Long             | DBT              | NUSS              | CN        |    1000000 | PA      | $910350.00     | 0.00%             | 2025-10-27      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Kellogg Co                                                                       | Kellogg Co                                                                       | CUSIP: 487836BP2<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |     452000 | PA      | $436365.32     | 0.00%             | 2026-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KBJ8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     740000 | PA      | $689125.00     | 0.00%             | 2029-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Entergy Corp                                                                     | Entergy Corp                                                                     | CUSIP: 29364GAJ2<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     770000 | PA      | $726287.10     | 0.00%             | 2026-09-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                                                         | AT&T Inc                                                                         | CUSIP: 00206RKB7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     970000 | PA      | $735589.80     | 0.00%             | 2060-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NCL3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     698000 | PA      | $685603.52     | 0.00%             | 2038-10-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS                                                           | Bausch Health Americas Inc                                                       | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |     676000 | PA      | $356502.12     | 0.00%             | 2027-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Ferguson Finance PLC                                                             | Ferguson Finance PLC                                                             | CUSIP: 314890AA2<br>LEI: 2138003A7ZEU931DZL61 | Long             | DBT              | CORP              | GB        |     894000 | PA      | $858901.56     | 0.00%             | 2028-10-24      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q7LA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     406493 | PA      | $402520.42     | 0.00%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                               | Cenovus Energy Inc                                                               | CUSIP: 15135UAX7<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     245000 | PA      | $186459.70     | 0.00%             | 2052-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| REDE D'OR FINANCE SARL                                                           | Rede D'or Finance Sarl                                                           | CUSIP: 000000000<br>LEI: 549300FDE772OLJUCP79 | Long             | DBT              | CORP              | LU        |     100000 | PA      | $87743.00      | 0.00%             | 2030-01-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAG0<br>LEI: N/A                  | Long             | DBT              |  | US        |     480000 | PA      | $465120.00     | 0.00%             | 2025-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV                                                         | Asian Infrastructure Investment Bank/The                                         | CUSIP: 04522KAD8<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | XX        |     100000 | PA      | $89696.00      | 0.00%             | 2026-01-27      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDN9<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     501000 | PA      | $493299.63     | 0.00%             | 2025-12-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                                                      | Aker BP ASA                                                                      | CUSIP: 00973RAE3<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |     195000 | PA      | $186735.90     | 0.00%             | 2025-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DAD1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     320000 | PA      | $319404.80     | 0.00%             | 2040-06-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     720000 | PA      | $766814.40     | 0.00%             | 2046-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| ADVENT HEALTH SYSTEM                                                             | Adventist Health System/West                                                     | CUSIP: 007944AG6<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |     359000 | PA      | $272222.52     | 0.00%             | 2049-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                       | CUSIP: 670346AY1<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |     355000 | PA      | $352270.05     | 0.00%             | 2027-05-23      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| INFRAESTRUCTURA ENERGETI                                                         | Infraestructura Energetica Nova SAPI de CV                                       | CUSIP: 000000000<br>LEI: 715K4H1JYF3O6JOK1411 | Long             | DBT              | CORP              | MX        |     210000 | PA      | $167949.60     | 0.00%             | 2048-01-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XKGK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7000000 | PA      | $7135186.73    | 0.03%             | 2053-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SMC GLOBAL POWER HLDGS                                                           | SMC Global Power Holdings Corp                                                   | CUSIP: 000000000<br>LEI: 549300HBCE80QXKII590 | Long             | DBT              | CORP              | PH        |     400000 | PA      | $365148.00     | 0.00%             | 2025-10-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828XX3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    7700000 | PA      | $7429898.48    | 0.04%             | 2024-06-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                             | CUSIP: 92939UAF3<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |     170000 | PA      | $162321.10     | 0.00%             | 2024-03-15      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123BS9<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     441000 | PA      | $473347.35     | 0.00%             | 2041-05-27      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                              | CUSIP: 20268JAD5<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     550000 | PA      | $446374.50     | 0.00%             | 2049-10-01      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| VIATRIS INC                                                                      | Viatris Inc                                                                      | CUSIP: 92556VAD8<br>LEI: 254900ZZTSW7NL773X71 | Long             | DBT              | CORP              | US        |     386000 | PA      | $318253.14     | 0.00%             | 2030-06-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                                         | Live Nation Entertainment Inc                                                    | CUSIP: 538034AR0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |     705000 | PA      | $652089.75     | 0.00%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYB4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    1682000 | PA      | $1407211.66    | 0.01%             | 2032-04-22      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| AMER AIRLN 14-1 A PTT                                                            | American Airlines 2014-1 Class A Pass Through Trust                              | CUSIP: 02377AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     319531 | PA      | $282577.04     | 0.00%             | 2026-10-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048BY3<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |    1275000 | PA      | $1238509.50    | 0.01%             | 2024-05-23      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MBIA Inc                                                                         | MBIA Inc                                                                         | CUSIP: 55262CAJ9<br>LEI: 54F1KGFE2KNP3VAL3P42 | Long             | DBT              | CORP              | US        |     205000 | PA      | $194274.40     | 0.00%             | 2034-12-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: —       |
| Consumers Energy Co                                                              | Consumers Energy Co                                                              | CUSIP: 210518DA1<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |     495000 | PA      | $431476.65     | 0.00%             | 2047-07-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Transelec SA                                                                     | Transelec SA                                                                     | CUSIP: 000000000<br>LEI: 549300DPF7MAL5F6CR86 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $196148.00     | 0.00%             | 2025-01-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAE8<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     433000 | PA      | $427565.85     | 0.00%             | 2026-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HONGKONG LAND FINANCE                                                            | Hongkong Land Finance Cayman Islands Co Ltd/The                                  | CUSIP: 000000000<br>LEI: 254900OHTMO343QAXN81 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $176670.00     | 0.00%             | 2030-05-27      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| JOHNS HOPKINS UNIVERSITY                                                         | Johns Hopkins University                                                         | CUSIP: 478115AF5<br>LEI: 549300Z1XKWYKTIOM958 | Long             | DBT              | CORP              | US        |     203000 | PA      | $134982.82     | 0.00%             | 2060-01-01      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| BANK OF CHINA/SINGAPORE                                                          | Bank of China Ltd/Singapore                                                      | CUSIP: 000000000<br>LEI: 54930053HGCFWVHYZX42 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $381252.00     | 0.00%             | 2024-04-28      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                                                             | Enel Finance International NV                                                    | CUSIP: 29278GAX6<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |     550000 | PA      | $523605.50     | 0.00%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AGRICULTURAL BK CHINA/NY                                                         | Agricultural Bank of China Ltd/New York                                          | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | DBT              | CORP              | CN        |     400000 | PA      | $368892.00     | 0.00%             | 2027-01-18      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBP9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1455000 | PA      | $1197799.65    | 0.01%             | 2035-09-23      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| BOUBYAN TIER 1 SUK LTD                                                           | Boubyan Tier 1 Sukuk Ltd                                                         | CUSIP: 000000000<br>LEI: 549300Z4Q7ROZ0OUJO40 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $369172.00     | 0.00%             | 2026-10-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QC5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   10000000 | PA      | $11143750.00   | 0.05%             | 2039-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QFMX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4844930 | PA      | $4278294.67    | 0.02%             | 2050-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                                                      | Netflix Inc                                                                      | CUSIP: 64110LAG1<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     252000 | PA      | $254698.92     | 0.00%             | 2024-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                                                           | CenterPoint Energy Resources Corp                                                | CUSIP: 15189WAP5<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |     270000 | PA      | $268272.00     | 0.00%             | 2032-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE                                                           | Westinghouse Air Brake Technologies Corp                                         | CUSIP: 960386AM2<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |    1475000 | PA      | $1462536.25    | 0.01%             | 2028-09-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-1 AA PTT                                                         | American Airlines 2016-1 Class AA Pass Through Trust                             | CUSIP: 02376UAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     145033 | PA      | $131920.87     | 0.00%             | 2028-01-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                                                          | Procter & Gamble Co/The                                                          | CUSIP: 742718FP9<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |     290000 | PA      | $262760.30     | 0.00%             | 2026-04-23      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| HACKENSACK MERIDIAN HLTH                                                         | Hackensack Meridian Health Inc                                                   | CUSIP: 404530AC1<br>LEI: 5493001CB3OCWTEJY668 | Long             | DBT              | CORP              | US        |     305000 | PA      | $224074.35     | 0.00%             | 2041-09-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                                                                | ONEOK Partners LP                                                                | CUSIP: 68268NAD5<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |     145000 | PA      | $156526.05     | 0.00%             | 2037-10-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| NORTHWEST FIBER LLC/NORT                                                         | Northwest Fiber LLC / Northwest Fiber Finance Sub Inc                            | CUSIP: 667449AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     205000 | PA      | $187212.15     | 0.00%             | 2027-04-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160AT1<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     591000 | PA      | $693225.27     | 0.00%             | 2038-07-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                                           | Anglo American Capital PLC                                                       | CUSIP: 034863AR1<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     600000 | PA      | $597078.00     | 0.00%             | 2027-04-10      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400FF5<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     130000 | PA      | $134282.20     | 0.00%             | 2037-01-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| FMR LLC                                                                          | FMR LLC                                                                          | CUSIP: 30251BAD0<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | DBT              | CORP              | US        |     430000 | PA      | $408861.20     | 0.00%             | 2033-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| RAPTOR ACQ/RAPTOR CO-ISS                                                         | Raptor Acquisition Corp / Raptor Co-Issuer LLC                                   | CUSIP: 75383KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     210000 | PA      | $195329.40     | 0.00%             | 2026-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                                                            | Rio Tinto Finance USA PLC                                                        | CUSIP: 76720AAD8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |     223000 | PA      | $223095.89     | 0.00%             | 2042-03-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp                                                             | Westpac Banking Corp                                                             | CUSIP: 961214EC3<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     664000 | PA      | $654252.48     | 0.00%             | 2024-02-26      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                                                               | Credit Agricole SA                                                               | CUSIP: 225313AN5<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |      30000 | PA      | $20583.30      | 0.00%             | 2041-01-11      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VCD3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     700000 | PA      | $728035.00     | 0.00%             | 2033-01-31      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                                                                | Hyatt Hotels Corp                                                                | CUSIP: 448579AJ1<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |     435000 | PA      | $448315.35     | 0.00%             | 2030-04-23      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                                                              | American Tower Corp                                                              | CUSIP: 03027XBL3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     500000 | PA      | $451740.00     | 0.00%             | 2026-04-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418ECT5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4599506 | PA      | $4079002.83    | 0.02%             | 2037-04-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YAR0<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |     285000 | PA      | $273483.15     | 0.00%             | 2028-03-05      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                                                              | Cheniere Energy Inc                                                              | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |    1846000 | PA      | $1759293.38    | 0.01%             | 2028-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                                                         | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAB1<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     424000 | PA      | $402401.44     | 0.00%             | 2026-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                                                            | Quest Diagnostics Inc                                                            | CUSIP: 74834LBA7<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     570000 | PA      | $557642.40     | 0.00%             | 2029-06-30      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |     510000 | PA      | $33109.20      | 0.00%             | 2025-02-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TRONOX INC                                                                       | Tronox Inc                                                                       | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |     705000 | PA      | $602775.00     | 0.00%             | 2029-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBS3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     730000 | PA      | $719750.80     | 0.00%             | 2028-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 459058GQ0<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    3940000 | PA      | $3845440.00    | 0.02%             | 2024-03-19      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                | CUSIP: 30040WAP3<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     305000 | PA      | $275518.70     | 0.00%             | 2032-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967JT9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    2049000 | PA      | $2033857.89    | 0.01%             | 2025-06-10      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ARETEC ESCROW ISSUER INC                                                         | Aretec Escrow Issuer Inc                                                         | CUSIP: 040133AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     295000 | PA      | $261774.15     | 0.00%             | 2029-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkey Government International Bond                                             | CUSIP: 900123CW8<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2000000 | PA      | $1922320.00    | 0.01%             | 2024-11-14      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART                                                          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550BK1<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |     320000 | PA      | $310339.20     | 0.00%             | 2041-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA                                                         | Weatherford International Ltd                                                    | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |    1140000 | PA      | $1149154.20    | 0.01%             | 2030-04-30      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK OF CHINA                                                           | Industrial & Commercial Bank of China Ltd                                        | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |     600000 | PA      | $599022.00     | 0.00%             | 2025-09-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| YONGDA INVESTMENT LTD                                                            | Yongda Investment Ltd                                                            | CUSIP: 000000000<br>LEI: 300300Y6LHOS618ULI27 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $186002.00     | 0.00%             | 2025-06-16      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Turk Telekomunikasyon AS                                                         | Turk Telekomunikasyon AS                                                         | CUSIP: 000000000<br>LEI: 789000A2TXOI10JZLF90 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $190146.00     | 0.00%             | 2025-02-28      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK CHINA                                                         | Export-Import Bank of China/The                                                  | CUSIP: 000000000<br>LEI: 300300C1020211000045 | Long             | DBT              | NUSS              | CN        |    1000000 | PA      | $985710.00     | 0.00%             | 2024-07-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd                                                               | Athene Holding Ltd                                                               | CUSIP: 04686JAA9<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | BM        |     906000 | PA      | $862403.28     | 0.00%             | 2028-01-12      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON FINL SER                                                         | Harley-Davidson Financial Services Inc                                           | CUSIP: 41283LBA2<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | DBT              | CORP              | US        |     100000 | PA      | $91483.00      | 0.00%             | 2027-02-14      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| FOX CORP                                                                         | Fox Corp                                                                         | CUSIP: 35137LAM7<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |     499000 | PA      | $481235.60     | 0.00%             | 2025-04-07      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| FIBRIA OVERSEAS FINANCE                                                          | Fibria Overseas Finance Ltd                                                      | CUSIP: 31572UAF3<br>LEI: 549300WABWKSHESAMG92 | Long             | DBT              | CORP              | KY        |    1474000 | PA      | $1485600.38    | 0.01%             | 2027-01-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHAMPION MTN LTD                                                                 | Champion MTN Ltd                                                                 | CUSIP: 000000000<br>LEI: 25490094RKSYWL8Z4255 | Long             | DBT              |  | KY        |     200000 | PA      | $170764.00     | 0.00%             | 2030-06-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    2100000 | PA      | $1913268.00    | 0.01%             | 2029-09-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TELESAT CANADA/TELESAT L                                                         | Telesat Canada / Telesat LLC                                                     | CUSIP: 87952VAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     340000 | PA      | $94730.80      | 0.00%             | 2027-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AT0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     430000 | PA      | $413328.90     | 0.00%             | 2032-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BT6<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     510000 | PA      | $444500.70     | 0.00%             | 2028-08-12      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEA9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1060000 | PA      | $995509.60     | 0.00%             | 2025-05-30      | Fixed         | 0.79%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 30217G2C3<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     600000 | PA      | $517680.00     | 0.00%             | 2028-10-19      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CHINA GOVT INTL BOND                                                             | China Government International Bond                                              | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     400000 | PA      | $271588.00     | 0.00%             | 2050-10-21      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BY9<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     950000 | PA      | $841339.00     | 0.00%             | 2027-07-20      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 61747YEH4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1538000 | PA      | $1270787.88    | 0.01%             | 2032-10-20      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ3Z1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       9780 | PA      | $9999.17       | 0.00%             | 2048-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833DX5<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1341000 | PA      | $1220014.98    | 0.01%             | 2025-08-20      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XH4Z7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2936168 | PA      | $2585675.31    | 0.01%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DANA FINANCING LUX SARL                                                          | Dana Financing Luxembourg Sarl                                                   | CUSIP: 235822AB9<br>LEI: 222100DKCE3D036DQU13 | Long             | DBT              | CORP              | LU        |     195000 | PA      | $193892.40     | 0.00%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp                                                             | Parker-Hannifin Corp                                                             | CUSIP: 70109HAM7<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |     464000 | PA      | $438860.48     | 0.00%             | 2034-11-21      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJ2C3<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     270633 | PA      | $258716.33     | 0.00%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DUA CAPITAL LTD                                                                  | Dua Capital Ltd                                                                  | CUSIP: 000000000<br>LEI: 213800ILVLALFTITCB43 | Long             | DBT              | CORP              | MY        |     400000 | PA      | $336740.00     | 0.00%             | 2031-05-11      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE INSURANCE C                                                         | Pacific Life Insurance Co                                                        | CUSIP: 69448FAA9<br>LEI: 8WC3XYHE06SQFW7CQK10 | Long             | DBT              | CORP              | US        |     454000 | PA      | $369660.42     | 0.00%             | 2067-10-24      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MEF7<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     816000 | PA      | $932288.16     | 0.00%             | 2038-03-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| ITC HOLDINGS CORP                                                                | ITC Holdings Corp                                                                | CUSIP: 465685AR6<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     420000 | PA      | $425321.40     | 0.00%             | 2027-09-22      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136AV7G8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4383343 | PA      | $4201875.81    | 0.02%             | 2027-02-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CS9<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     400000 | PA      | $404840.00     | 0.00%             | 2032-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   52000000 | PA      | $47194062.76   | 0.23%             | 2026-06-30      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2N3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1580000 | PA      | $1414953.20    | 0.01%             | 2027-01-13      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                                               | Essex Portfolio LP                                                               | CUSIP: 29717PAS6<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              |  | US        |     215000 | PA      | $186174.95     | 0.00%             | 2048-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Valmont Industries Inc                                                           | Valmont Industries Inc                                                           | CUSIP: 920253AF8<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | DBT              | CORP              | US        |     139000 | PA      | $128041.24     | 0.00%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                                                          | Alcoa Nederland Holding BV                                                       | CUSIP: 013822AE1<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |     690000 | PA      | $682706.70     | 0.00%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS                                                           | Federation des Caisses Desjardins du Quebec                                      | CUSIP: 31429KAD5<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |    1006000 | PA      | $944493.16     | 0.00%             | 2025-02-10      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    1800000 | PA      | $1736496.00    | 0.01%             | 2025-10-22      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Phillips 66                                                                      | Phillips 66                                                                      | CUSIP: 718546AR5<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |     716000 | PA      | $696166.80     | 0.00%             | 2028-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                                                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAC9<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    1010000 | PA      | $970822.10     | 0.00%             | 2025-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Darden Restaurants Inc                                                           | Darden Restaurants Inc                                                           | CUSIP: 237194AM7<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | DBT              | CORP              | US        |     375000 | PA      | $312300.00     | 0.00%             | 2048-02-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBH3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    1770000 | PA      | $1453701.00    | 0.01%             | 2031-02-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM INT FIN                                                         | Deutsche Telekom International Finance BV                                        | CUSIP: 25156PBA0<br>LEI: 529900ERDFHS6C1M4U58 | Long             | DBT              | CORP              | NL        |    1478000 | PA      | $1425885.72    | 0.01%             | 2027-01-19      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | DALLAS TX AREA RAPID TRANSIT SALES TAX REVENUE                                   | CUSIP: 235241LW4<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |     525000 | PA      | $554063.48     | 0.00%             | 2048-12-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: —       |
| EMERA US FINANCE LP                                                              | Emera US Finance LP                                                              | CUSIP: 29103DAS5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     400000 | PA      | $375932.00     | 0.00%             | 2024-06-15      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| Republic of Angola                                                               | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    1200000 | PA      | $1071264.00    | 0.01%             | 2048-05-08      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                                 | SAN JOAQUIN HILLS CA TRANSPRTN CORRIDOR AGY TOLL ROAD REV                        | CUSIP: 798111HM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     250000 | PA      | $189512.75     | 0.00%             | 2050-01-15      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| LA MONDIALE                                                                      | La Mondiale SAM                                                                  | CUSIP: 000000000<br>LEI: 969500L0T16HX3R78P61 | Long             | DBT              | CORP              | FR        |     600000 | PA      | $573456.00     | 0.00%             | 2047-01-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                                                                 | Progressive Corp/The                                                             | CUSIP: 743315AS2<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     685000 | PA      | $622144.40     | 0.00%             | 2047-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAT6<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     688000 | PA      | $691034.08     | 0.00%             | 2026-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RBB7<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |      60000 | PA      | $42438.00      | 0.00%             | 2041-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WJ6C7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4249 | PA      | $4169.25       | 0.00%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2017-1AA PTT                                                          | Air Canada 2017-1 Class AA Pass Through Trust                                    | CUSIP: 00908PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     742664 | PA      | $639693.64     | 0.00%             | 2030-01-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN UNIVERSITY                                                            | Georgetown University/The                                                        | CUSIP: 37310PAB7<br>LEI: 549300GCL3B0KVXSX752 | Long             | DBT              | CORP              | US        |     190000 | PA      | $178202.90     | 0.00%             | 2118-10-01      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 09659W2V5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    1600000 | PA      | $1612384.00    | 0.01%             | 2029-01-13      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                                                         | Florida Power & Light Co                                                         | CUSIP: 341081GE1<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     608000 | PA      | $442307.84     | 0.00%             | 2051-12-04      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                                                          | Nationwide Building Society                                                      | CUSIP: 63861VAH0<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     450000 | PA      | $448497.00     | 0.00%             | 2027-07-27      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWBP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   18612210 | PA      | $15738168.72   | 0.08%             | 2051-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                                              | Coinbase Global Inc                                                              | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |     665000 | PA      | $428898.40     | 0.00%             | 2028-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE COLORADO                                                          | Public Service Co of Colorado                                                    | CUSIP: 744448CA7<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |      70000 | PA      | $81732.00      | 0.00%             | 2038-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | Service Properties Trust                                                         | CUSIP: 44106MAX0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     285000 | PA      | $217212.75     | 0.00%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| UDR INC                                                                          | UDR Inc                                                                          | CUSIP: 90265EAU4<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              |  | US        |     175000 | PA      | $132207.25     | 0.00%             | 2033-03-15      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D5B4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2350582 | PA      | $2088988.47    | 0.01%             | 2036-10-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| OEKB OEST. KONTROLLBANK                                                          | Oesterreichische Kontrollbank AG                                                 | CUSIP: 676167CD9<br>LEI: 5299000OVRLMF858L016 | Long             | DBT              | CORP              | AT        |     285000 | PA      | $267318.60     | 0.00%             | 2024-09-16      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JP3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    1045000 | PA      | $989416.45     | 0.00%             | 2026-01-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MJZR4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      58653 | PA      | $56085.35      | 0.00%             | 2047-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                                                           | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    1800000 | PA      | $1814022.00    | 0.01%             | 2028-01-17      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                                                               | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    1100000 | PA      | $234643.75     | 0.00%             | 2027-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAB0<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     230000 | PA      | $255999.20     | 0.00%             | 2038-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Federal Home Loan Mortgage Corp                                                  | CUSIP: 3134A3ZU3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |     200000 | PA      | $154056.00     | 0.00%             | 2029-12-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   67140000 | PA      | $61669139.40   | 0.30%             | 2027-01-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                                                                  | AstraZeneca PLC                                                                  | CUSIP: 046353AG3<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | DBT              | CORP              | GB        |    1075000 | PA      | $997062.50     | 0.00%             | 2042-09-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAJ3<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |     460000 | PA      | $375125.40     | 0.00%             | 2060-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                                                    | CommScope Inc                                                                    | CUSIP: 203372AV9<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     475000 | PA      | $373093.50     | 0.00%             | 2028-07-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| BLACK HILLS CORP                                                                 | Black Hills Corp                                                                 | CUSIP: 092113AT6<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |     292000 | PA      | $244847.84     | 0.00%             | 2030-06-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KR SMES & STARTUPS AGEN                                                          | Korea SMEs and Startups Agency                                                   | CUSIP: 000000000<br>LEI: 988400052G1DUHESDM19 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $361640.00     | 0.00%             | 2026-08-30      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516CJ3<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     400000 | PA      | $415532.00     | 0.00%             | 2028-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Republic of Belarus                                                              | Republic of Belarus International Bond                                           | CUSIP: 000000000<br>LEI: 635400CVCOWYLHF4ZB08 | Long             | DBT              | NUSS              | BY        |     200000 | PA      | $82500.00      | 0.00%             | 2027-06-29      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BT0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1845000 | PA      | $1449173.70    | 0.01%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                                         | Equitable Financial Life Global Funding                                          | CUSIP: 29449WAJ6<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     545000 | PA      | $511373.50     | 0.00%             | 2024-08-12      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                                 | Bank of Montreal                                                                 | CUSIP: 06367WHH9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    1916000 | PA      | $1885995.44    | 0.01%             | 2024-02-05      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                                           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KCH1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     900000 | PA      | $901467.00     | 0.00%             | 2027-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES                                                            | Mexico Government International Bond                                             | CUSIP: 91087BAL4<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    1800000 | PA      | $1554606.00    | 0.01%             | 2051-04-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DP WORLD CRESCENT LTD                                                            | DP World Crescent Ltd                                                            | CUSIP: 000000000<br>LEI: 21380096JRTWB8TL9236 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $189364.00     | 0.00%             | 2030-01-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EAGLE INT GLO/EAGLE US                                                           | Eagle Intermediate Global Holding BV/Eagle US Finance LLC                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     500000 | PA      | $315760.00     | 0.00%             | 2025-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| COMMUNITY HEALTH NETWORK                                                         | Community Health Network Inc                                                     | CUSIP: 20369EAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     640000 | PA      | $437881.60     | 0.00%             | 2050-05-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAQ5<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    4107000 | PA      | $4006419.57    | 0.02%             | 2024-11-28      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| NATIONAL CENTRAL COOLING                                                         | National Central Cooling Co PJSC                                                 | CUSIP: 000000000<br>LEI: 254900E7M1Y3DXGQ1283 | Long             | DBT              | CORP              | AE        |     500000 | PA      | $453270.00     | 0.00%             | 2027-10-21      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                                                                 | Berry Global Inc                                                                 | CUSIP: 08576PAG6<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     388000 | PA      | $370912.48     | 0.00%             | 2024-02-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   38700000 | PA      | $37901812.50   | 0.18%             | 2025-08-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                                                         | Altice France Holding SA                                                         | CUSIP: 02156TAB0<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |    1049000 | PA      | $900367.19     | 0.00%             | 2027-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| KLA Corp                                                                         | KLA Corp                                                                         | CUSIP: 482480AE0<br>LEI: 549300H0BF5JCG96TJ81 | Long             | DBT              | CORP              | US        |     222000 | PA      | $221069.82     | 0.00%             | 2024-11-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XND4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    5913007 | PA      | $5744017.53    | 0.03%             | 2052-12-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NG6<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     462000 | PA      | $442619.10     | 0.00%             | 2025-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179S2P1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       8845 | PA      | $8508.42       | 0.00%             | 2047-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GRIFFON CORPORATION                                                              | Griffon Corp                                                                     | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |     673000 | PA      | $637209.86     | 0.00%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BK7<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     534000 | PA      | $521184.00     | 0.00%             | 2025-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 000000000<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $373468.00     | 0.00%             | 2025-03-20      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE ENERGY PARTNERS                                                         | Enbridge Energy Partners LP                                                      | CUSIP: 29250RAP1<br>LEI: CZ6VG2MNE1J6YDI02G48 | Long             | DBT              | CORP              | US        |      92000 | PA      | $107080.64     | 0.00%             | 2038-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810ST6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   27620000 | PA      | $19096640.63   | 0.09%             | 2040-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| HP INC                                                                           | HP Inc                                                                           | CUSIP: 40434LAB1<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |     799000 | PA      | $743125.93     | 0.00%             | 2027-06-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| ALIMENTATION COUCHE-TARD                                                         | Alimentation Couche-Tard Inc                                                     | CUSIP: 01626PAP1<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |     510000 | PA      | $384402.30     | 0.00%             | 2041-05-13      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| Mississippi Power Co                                                             | Mississippi Power Co                                                             | CUSIP: 605417CB8<br>LEI: LNZ0J6YZ5SC6ILIRU850 | Long             | DBT              | CORP              | US        |     330000 | PA      | $318354.30     | 0.00%             | 2028-03-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| TOWER BERSAMA INFRASTRUC                                                         | Tower Bersama Infrastructure Tbk PT                                              | CUSIP: 000000000<br>LEI: 213800ELUARKGNPAPY10 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $184730.00     | 0.00%             | 2026-01-20      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140JLL28<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     226780 | PA      | $223816.28     | 0.00%             | 2049-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENTAIR FINANCE SARL                                                             | Pentair Finance Sarl                                                             | CUSIP: 709629AR0<br>LEI: 549300H2U8U8TZPV3T89 | Long             | DBT              | CORP              | LU        |     610000 | PA      | $578219.00     | 0.00%             | 2029-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FIN CO II                                                              | KKR Group Finance Co II LLC                                                      | CUSIP: 48249DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      71000 | PA      | $68448.26      | 0.00%             | 2043-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| HUARONG FINANCE 2019                                                             | Huarong Finance 2019 Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300M6T6OW4AGYHK10 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $469266.00     | 0.00%             | 2030-09-30      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Republic of Sri Lanka                                                            | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |     800000 | PA      | $272032.00     | 0.00%             | 2028-04-18      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GRP                                                          | Principal Financial Group Inc                                                    | CUSIP: 74251VAA0<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10786.60      | 0.00%             | 2036-10-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Entergy Mississippi LLC                                                          | Entergy Mississippi LLC                                                          | CUSIP: 29364NAT5<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |     250000 | PA      | $229795.00     | 0.00%             | 2028-06-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                                                          | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 654740BS7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |     115000 | PA      | $101961.30     | 0.00%             | 2026-03-09      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBB6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     796000 | PA      | $761724.24     | 0.00%             | 2025-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CSSC CAPITAL 2015 LTD                                                            | CSSC Capital 2015 Ltd                                                            | CUSIP: 000000000<br>LEI: 549300K934XNVEY4JJ41 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $327168.00     | 0.00%             | 2030-02-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                                                      | Netflix Inc                                                                      | CUSIP: 64110LAT3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    1348000 | PA      | $1403470.20    | 0.01%             | 2028-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AA6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    2015000 | PA      | $1777088.95    | 0.01%             | 2030-08-13      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044DP3<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     615000 | PA      | $516600.00     | 0.00%             | 2030-05-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                                               | Steel Dynamics Inc                                                               | CUSIP: 858119BL3<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     470000 | PA      | $442425.10     | 0.00%             | 2025-06-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556BG6<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     145000 | PA      | $155260.20     | 0.00%             | 2044-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BANCO NACIONAL DE PANAMA                                                         | Banco Nacional de Panama                                                         | CUSIP: 000000000<br>LEI: 529900H2Q7WMDKKIW109 | Long             | DBT              | CORP              | PA        |     800000 | PA      | $656800.00     | 0.00%             | 2030-08-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140GVKY0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      18895 | PA      | $18609.11      | 0.00%             | 2032-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EURO STABILITY MECHANISM                                                         | European Stability Mechanism                                                     | CUSIP: 29881WAD4<br>LEI: 222100W4EEAQ77386N50 | Long             | DBT              | NUSS              | XX        |     385000 | PA      | $350142.10     | 0.00%             | 2025-09-10      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822CN2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     690000 | PA      | $700915.80     | 0.00%             | 2028-09-13      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BM7<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    1107000 | PA      | $1059055.83    | 0.01%             | 2027-11-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| INTACT FINANCIAL CORP                                                            | Intact Financial Corp                                                            | CUSIP: 45823TAL0<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | DBT              | CORP              | CA        |     175000 | PA      | $178874.50     | 0.00%             | 2032-09-22      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| KOREA GAS CORP                                                                   | Korea Gas Corp                                                                   | CUSIP: 50066CAR0<br>LEI: 988400TFZILHBD5M3R71 | Long             | DBT              | NUSS              | KR        |     400000 | PA      | $326768.00     | 0.00%             | 2031-07-13      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| State Street Corp                                                                | State Street Corp                                                                | CUSIP: 857477BD4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     500000 | PA      | $486535.00     | 0.00%             | 2029-12-03      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAQ3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     540000 | PA      | $511617.60     | 0.00%             | 2032-04-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X9VZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4806559 | PA      | $4069616.66    | 0.02%             | 2051-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSUR & ANNUITY                                                         | Teachers Insurance & Annuity Association of America                              | CUSIP: 878091BG1<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |    1057000 | PA      | $793849.28     | 0.00%             | 2050-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMX24<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     109237 | PA      | $107649.70     | 0.00%             | 2033-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ETQU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     132056 | PA      | $127683.39     | 0.00%             | 2031-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273VAQ3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    1130000 | PA      | $1163063.80    | 0.01%             | 2033-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Republic of Sri Lanka                                                            | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |     400000 | PA      | $141912.00     | 0.00%             | 2025-06-03      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044DE8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     890000 | PA      | $832078.80     | 0.00%             | 2026-10-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                                             | Verizon Master Trust                                                             | CUSIP: 92348KAA1<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |    1910000 | PA      | $1804435.04    | 0.01%             | 2027-05-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                                               | CNX Resources Corp                                                               | CUSIP: 12653CAK4<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     345000 | PA      | $336102.45     | 0.00%             | 2031-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                                    | AEP Texas Inc                                                                    | CUSIP: 00108WAK6<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     527000 | PA      | $407060.07     | 0.00%             | 2050-01-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PAR3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     733000 | PA      | $813322.14     | 0.00%             | 2036-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RF87<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      77924 | PA      | $72842.91      | 0.00%             | 2045-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543DC4<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     585000 | PA      | $490382.10     | 0.00%             | 2030-11-15      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| ITC Holdings Corp                                                                | ITC Holdings Corp                                                                | CUSIP: 465685AK1<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     358000 | PA      | $340110.74     | 0.00%             | 2026-06-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UNITED PARCEL SERVICE                                                            | United Parcel Service Inc                                                        | CUSIP: 911312BT2<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    1165000 | PA      | $1123071.65    | 0.01%             | 2024-09-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J7S30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     105839 | PA      | $102248.81     | 0.00%             | 2047-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic of Senegal                                                              | Senegal Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |     800000 | PA      | $600632.00     | 0.00%             | 2048-03-13      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                                    | AEP Texas Inc                                                                    | CUSIP: 00108WAP5<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     160000 | PA      | $159441.60     | 0.00%             | 2032-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Visa Inc                                                                         | Visa Inc                                                                         | CUSIP: 92826CAE2<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | DBT              | CORP              | US        |    1820000 | PA      | $1799852.60    | 0.01%             | 2035-12-14      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCJ3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1525000 | PA      | $1321351.50    | 0.01%             | 2029-06-01      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                        | CUSIP: 682680BF9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     305000 | PA      | $338638.45     | 0.00%             | 2051-01-15      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                     | CUSIP: 615369AW5<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     370000 | PA      | $305039.10     | 0.00%             | 2031-08-19      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                                                          | Pakistan Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    1000000 | PA      | $515420.00     | 0.00%             | 2025-09-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                                                  | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     475000 | PA      | $425072.75     | 0.00%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XASY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7803554 | PA      | $6611067.51    | 0.03%             | 2051-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                           | Lumen Technologies Inc                                                           | CUSIP: 156700AM8<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     355000 | PA      | $239827.35     | 0.00%             | 2039-09-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                                                      | Walmart Inc                                                                      | CUSIP: 931142BF9<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     100000 | PA      | $120164.00     | 0.00%             | 2030-02-15      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0CY2<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    1210000 | PA      | $1141756.00    | 0.01%             | 2027-07-07      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110BY9<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    1556000 | PA      | $1264436.72    | 0.01%             | 2030-09-03      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 3130A2UW4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     250000 | PA      | $243455.00     | 0.00%             | 2024-09-13      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| DIB TIER 1 SUKUK 4                                                               | DIB Tier 1 Sukuk 4 Ltd                                                           | CUSIP: 000000000<br>LEI: 549300IQG21X8RDVRG95 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $772264.00     | 0.00%             | 2026-05-19      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                                         | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAP5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     540000 | PA      | $442303.20     | 0.00%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                                                         | Petrobras Global Finance BV                                                      | CUSIP: 71647NBJ7<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     550000 | PA      | $430424.50     | 0.00%             | 2051-06-10      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| Republic of South Africa                                                         | Republic of South Africa Government International Bond                           | CUSIP: 836205AX2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    1000000 | PA      | $767230.00     | 0.00%             | 2047-09-27      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                                                      | KeyBank NA/Cleveland OH                                                          | CUSIP: 49327M3H5<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |     250000 | PA      | $250572.50     | 0.00%             | 2033-01-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                                   | Morgan Stanley                                                                   | CUSIP: 6174468X0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    3705000 | PA      | $2945919.60    | 0.01%             | 2032-04-28      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                                                       | Zoetis Inc                                                                       | CUSIP: 98978VAK9<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     495000 | PA      | $493524.90     | 0.00%             | 2025-11-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                              | American Tower Corp                                                              | CUSIP: 03027XAP5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |     414000 | PA      | $391412.16     | 0.00%             | 2027-07-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| TRINIDAD & TOBAGO                                                                | Trinidad & Tobago Government International Bond                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | TT        |     800000 | PA      | $767736.00     | 0.00%             | 2030-06-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| TERMOCANDELARIA POWER                                                            | Termocandelaria Power Ltd                                                        | CUSIP: 000000000<br>LEI: 549300YDORW43JL6G659 | Long             | DBT              | CORP              | KY        |     310000 | PA      | $292035.50     | 0.00%             | 2029-01-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| INTERCEMENT FIN OP BV                                                            | InterCement Financial Operations BV                                              | CUSIP: 17186LAA1<br>LEI: 213800IVMAMWIHPCZJ07 | Long             | DBT              | CORP              | NL        |     400000 | PA      | $319224.00     | 0.00%             | 2024-07-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| Bay Area Toll Authority                                                          | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                        | CUSIP: 072024XW7<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |     565000 | PA      | $412126.26     | 0.00%             | 2055-04-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP                                                               | Raytheon Technologies Corp                                                       | CUSIP: 913017CX5<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    1198000 | PA      | $1159196.78    | 0.01%             | 2048-11-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust                                    | JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP3                    | CUSIP: 46590RAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1846258 | PA      | $1717449.91    | 0.01%             | 2049-08-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| ASB BANK LIMITED                                                                 | ASB Bank Ltd                                                                     | CUSIP: 00216LAC7<br>LEI: 549300IBZWZL1KTPF918 | Long             | DBT              | CORP              | NZ        |     338000 | PA      | $329854.20     | 0.00%             | 2024-05-23      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SWEIHAN PV POWER CO PJSC                                                         | Sweihan PV Power Co PJSC                                                         | CUSIP: 000000000<br>LEI: 353800EF1E1IC18GBC48 | Long             | DBT              | CORP              | AE        |     389432 | PA      | $325927.32     | 0.00%             | 2049-01-31      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KOREA HYDRO & NUCLEAR PO                                                         | Korea Hydro & Nuclear Power Co Ltd                                               | CUSIP: 000000000<br>LEI: 9884008CRY5MLCN8OQ43 | Long             | DBT              | NUSS              | KR        |     200000 | PA      | $195836.00     | 0.00%             | 2027-07-27      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC                                                                   | S&P Global Inc                                                                   | CUSIP: 78409VBE3<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |      55000 | PA      | $46560.80      | 0.00%             | 2062-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBH5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |      99000 | PA      | $96833.88      | 0.00%             | 2026-02-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Prologis LP                                                                      | Prologis LP                                                                      | CUSIP: 74340XBJ9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     205000 | PA      | $187105.55     | 0.00%             | 2048-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PROVINCIA DE ENTRE RIOS                                                          | Provincia de Entre Rios Argentina                                                | CUSIP: 000000000<br>LEI: 529900YISSWARKQRS409 | Long             | DBT              | NUSS              | AR        |     300000 | PA      | $224499.00     | 0.00%             | 2028-08-08      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 3617J3E56<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      31124 | PA      | $31301.73      | 0.00%             | 2048-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bayer US Finance II LLC                                                          | Bayer US Finance II LLC                                                          | CUSIP: 07274NAN3<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |     440000 | PA      | $407924.00     | 0.00%             | 2038-06-25      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| City of Hope                                                                     | City of Hope                                                                     | CUSIP: 17858PAB7<br>LEI: 549300QIQJNNQEIXBL15 | Long             | DBT              | CORP              | US        |     483000 | PA      | $422721.60     | 0.00%             | 2048-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Dupont De Nemours Inc                                                            | DuPont de Nemours Inc                                                            | CUSIP: 26078JAF7<br>LEI: 5493004JF0SDFLM8GD76 | Long             | DBT              | CORP              | US        |     764000 | PA      | $788058.36     | 0.00%             | 2048-11-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| Diageo Investment Corp                                                           | Diageo Investment Corp                                                           | CUSIP: 386088AH1<br>LEI: S4G8DPIPDVCF6CB81Z61 | Long             | DBT              | CORP              | US        |     130000 | PA      | $160678.70     | 0.00%             | 2035-04-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| AXA SA                                                                           | AXA SA                                                                           | CUSIP: 054536AA5<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | DBT              | CORP              | FR        |      10000 | PA      | $12383.60      | 0.00%             | 2030-12-15      | Fixed         | 8.60%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                                                      | Equinix Inc                                                                      | CUSIP: 29444UBK1<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |    1039000 | PA      | $939141.71     | 0.00%             | 2025-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                                                           | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     465000 | PA      | $376701.15     | 0.00%             | 2030-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| EMIRATES NBD BANK PJSC                                                           | Emirates NBD Bank PJSC                                                           | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | DBT              | CORP              | AE        |     300000 | PA      | $286575.00     | 0.00%             | 2025-02-18      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132LAS94<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     344851 | PA      | $340668.13     | 0.00%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RBG6<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     205000 | PA      | $191929.20     | 0.00%             | 2026-01-21      | Fixed         | 2.23%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                                         | Equitable Financial Life Global Funding                                          | CUSIP: 29449WAE7<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     370000 | PA      | $331120.40     | 0.00%             | 2026-01-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| AXIATA SPV2 BHD                                                                  | Axiata SPV2 Bhd                                                                  | CUSIP: 000000000<br>LEI: 254900P49KQFQ10AF282 | Long             | DBT              | CORP              | MY        |    1000000 | PA      | $841010.00     | 0.00%             | 2030-08-19      | Fixed         | 2.16%                 | No            |                  2 | On Loan: No      |
| Kellogg Co                                                                       | Kellogg Co                                                                       | CUSIP: 487836BU1<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | DBT              | CORP              | US        |     360000 | PA      | $344329.20     | 0.00%             | 2027-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Constellation Brands Inc                                                         | Constellation Brands Inc                                                         | CUSIP: 21036PAQ1<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     631000 | PA      | $610498.81     | 0.00%             | 2026-12-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                         | Public Service Enterprise Group Inc                                              | CUSIP: 744573AV8<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |     100000 | PA      | $105001.00     | 0.00%             | 2027-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                                               | Seagate HDD Cayman                                                               | CUSIP: 81180WAN1<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     354000 | PA      | $324795.00     | 0.00%             | 2034-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JOHNSON CONTROLS INTL PL                                                         | Johnson Controls International plc                                               | CUSIP: 478375AS7<br>LEI: 549300XQ6S1GYKGBL205 | Long             | DBT              | CORP              | IE        |     188000 | PA      | $182954.08     | 0.00%             | 2045-09-14      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Union Electric Co                                                                | Union Electric Co                                                                | CUSIP: 02360FAB2<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     115000 | PA      | $118850.20     | 0.00%             | 2037-08-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                                                 | LPL Holdings Inc                                                                 | CUSIP: 50212YAC8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     458000 | PA      | $435837.38     | 0.00%             | 2027-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TOTALENERGIES CAPITAL                                                            | TotalEnergies Capital International SA                                           | CUSIP: 89153VAL3<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    1243000 | PA      | $1230880.75    | 0.01%             | 2024-04-10      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Republic of El Salvador                                                          | El Salvador Government International Bond                                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     938000 | PA      | $457237.48     | 0.00%             | 2035-06-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833EB2<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1585000 | PA      | $1428623.90    | 0.01%             | 2026-02-08      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CBF1<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     437000 | PA      | $370112.78     | 0.00%             | 2049-06-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC                                                          | LCPR Senior Secured Financing DAC                                                | CUSIP: 50201DAD5<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |     550000 | PA      | $483769.00     | 0.00%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076CG5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1183000 | PA      | $773102.33     | 0.00%             | 2051-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160CL6<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     808000 | PA      | $730932.96     | 0.00%             | 2038-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORPORA                                                         | Owl Rock Capital Corp III                                                        | CUSIP: 69122JAC0<br>LEI: 5493003BCZ22YM5BRK17 | Long             | DBT              | CORP              | US        |     300000 | PA      | $255786.00     | 0.00%             | 2027-04-13      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO                                                               | Ameren Illinois Co                                                               | CUSIP: 02361DAY6<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     270000 | PA      | $259151.40     | 0.00%             | 2032-09-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 124857AQ6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     880000 | PA      | $855245.60     | 0.00%             | 2026-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516CA2<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     701000 | PA      | $542069.28     | 0.00%             | 2050-06-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: —       |
| Kraft Heinz Foods Co                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAL0<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     505000 | PA      | $506419.05     | 0.00%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                                                       | Intel Corp                                                                       | CUSIP: 458140BZ2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |     400000 | PA      | $390024.00     | 0.00%             | 2029-08-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONCOR ELECTRIC DELIVERY                                                          | Oncor Electric Delivery Co LLC                                                   | CUSIP: 68233JAH7<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     150000 | PA      | $156601.50     | 0.00%             | 2040-09-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                                                      | KeyBank NA/Cleveland OH                                                          | CUSIP: 49327M3E2<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |      50000 | PA      | $49409.50      | 0.00%             | 2025-08-08      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| MEMORIAL SLOAN-KETTERING                                                         | Memorial Sloan-Kettering Cancer Center                                           | CUSIP: 586054AD0<br>LEI: 549300IZ71UAMEHWL382 | Long             | DBT              | CORP              | US        |      80000 | PA      | $58105.60      | 0.00%             | 2050-01-01      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                                                               | Province of Quebec Canada                                                        | CUSIP: 748149AQ4<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |     730000 | PA      | $711677.00     | 0.00%             | 2024-04-09      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PAPA JOHN'S INTERNATIONA                                                         | Papa John's International Inc                                                    | CUSIP: 698813AA0<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | DBT              | CORP              | US        |     255000 | PA      | $220396.50     | 0.00%             | 2029-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Norfolk Southern Corp                                                            | Norfolk Southern Corp                                                            | CUSIP: 655844BY3<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     570000 | PA      | $501497.40     | 0.00%             | 2048-02-28      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Nutrien Ltd                                                                      | Nutrien Ltd                                                                      | CUSIP: 67077MAN8<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |     209000 | PA      | $190415.72     | 0.00%             | 2035-03-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                                                     | Comcast Corp                                                                     | CUSIP: 20030NAF8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     827000 | PA      | $901826.96     | 0.00%             | 2035-06-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE ENERGY PARTNERS                                                         | Enbridge Energy Partners LP                                                      | CUSIP: 29250RAX4<br>LEI: CZ6VG2MNE1J6YDI02G48 | Long             | DBT              | CORP              | US        |     245000 | PA      | $293367.90     | 0.00%             | 2045-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179WY85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8813839 | PA      | $7618225.34    | 0.04%             | 2052-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                                                               | Realty Income Corp                                                               | CUSIP: 756109BG8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              |  | US        |    1035000 | PA      | $1009683.90    | 0.00%             | 2027-08-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PSP CAPITAL INC                                                                  | PSP Capital Inc                                                                  | CUSIP: 69376P2A2<br>LEI: 549300B456N0WEIC5249 | Long             | DBT              | NUSS              | CA        |     450000 | PA      | $421357.50     | 0.00%             | 2024-09-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| AGRICULTURAL BK CHINA/HK                                                         | Agricultural Bank of China Ltd/Hong Kong                                         | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $189322.00     | 0.00%             | 2025-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC                                                               | CP Atlas Buyer Inc                                                               | CUSIP: 12597YAA7<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |     430000 | PA      | $332149.20     | 0.00%             | 2028-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| ANTARES HOLDINGS                                                                 | Antares Holdings LP                                                              | CUSIP: 03666HAD3<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | US        |     575000 | PA      | $475944.75     | 0.00%             | 2027-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BMW US Capital LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565EBE4<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     100000 | PA      | $96840.00      | 0.00%             | 2028-08-14      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                                 | CUSIP: 57582RYP5<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     100000 | PA      | $76661.40      | 0.00%             | 2043-09-01      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                                           | Protective Life Global Funding                                                   | CUSIP: 74368CBC7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |     890000 | PA      | $807666.10     | 0.00%             | 2026-04-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179USW3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      55532 | PA      | $56729.08      | 0.00%             | 2049-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ascension Health                                                                 | Ascension Health                                                                 | CUSIP: 04351LAA8<br>LEI: 549300IMOY6ECI21DH68 | Long             | DBT              | CORP              | US        |     585000 | PA      | $602561.70     | 0.00%             | 2053-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CIMPRESS PLC                                                                     | Cimpress PLC                                                                     | CUSIP: 17186HAC6<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |     400000 | PA      | $279792.00     | 0.00%             | 2026-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CN5<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     425000 | PA      | $347016.75     | 0.00%             | 2032-01-06      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| MANITOBA (PROVINCE OF)                                                           | Province of Manitoba Canada                                                      | CUSIP: 563469UD5<br>LEI: 5493003QILFOB3JRKE30 | Long             | DBT              | NUSS              | CA        |     580000 | PA      | $568214.40     | 0.00%             | 2024-05-14      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| SITE Centers Corp                                                                | SITE Centers Corp                                                                | CUSIP: 23317HAE2<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | DBT              | CORP              | US        |     125000 | PA      | $120041.25     | 0.00%             | 2026-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GYP HOLDINGS III CORP                                                            | GYP Holdings III Corp                                                            | CUSIP: 36261NAA5<br>LEI: 549300055I1KJWZH9690 | Long             | DBT              | CORP              | US        |     217000 | PA      | $182607.67     | 0.00%             | 2029-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X6ME8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     700679 | PA      | $669353.87     | 0.00%             | 2048-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SES GLOBAL AMERICAS HLDG                                                         | SES GLOBAL Americas Holdings Inc                                                 | CUSIP: 78413KAB8<br>LEI: 5299000YGN3VJ3R60481 | Long             | DBT              | CORP              | US        |     629000 | PA      | $498306.38     | 0.00%             | 2044-03-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 00946AAK0<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |     200000 | PA      | $202198.00     | 0.00%             | 2026-01-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136B1LF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8656683 | PA      | $8185596.14    | 0.04%             | 2030-02-25      | Variable      | 3.07%                 | No            |                  2 | On Loan: No      |
| CHUBB INA HOLDINGS INC                                                           | Chubb INA Holdings Inc                                                           | CUSIP: 171239AJ5<br>LEI: CZCBJZWDMLTHWJDXU843 | Long             | DBT              | CORP              | US        |     653000 | PA      | $464570.32     | 0.00%             | 2061-12-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INTL                                                           | Williams Scotsman International Inc                                              | CUSIP: 96950GAE2<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |     400000 | PA      | $370724.00     | 0.00%             | 2028-08-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CDBL FUNDING TWO                                                                 | CDBL Funding 2                                                                   | CUSIP: 000000000<br>LEI: 549300VM1W749R7UDT24 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $731768.00     | 0.00%             | 2026-03-04      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                     | CUSIP: 167593AN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     500000 | PA      | $594583.50     | 0.00%             | 2040-01-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEASE CO LTD                                                          | Global Aircraft Leasing Co Ltd                                                   | CUSIP: 37960JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    1274727 | PA      | $1168848.18    | 0.01%             | 2024-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                                                     | Novelis Corp                                                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    1125000 | PA      | $1028160.00    | 0.00%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397ZW6<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     510000 | PA      | $484545.90     | 0.00%             | 2026-08-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                                                     | Ecopetrol SA                                                                     | CUSIP: 279158AE9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     540000 | PA      | $472397.40     | 0.00%             | 2043-09-18      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Invesco Finance PLC                                                              | Invesco Finance PLC                                                              | CUSIP: 46132FAB6<br>LEI: 549300OYQ3LAJYXXO449 | Long             | DBT              | CORP              | GB        |     430000 | PA      | $425936.50     | 0.00%             | 2024-01-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL                                                         | Jackson National Life Global Funding                                             | CUSIP: 46849LSQ5<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |     457000 | PA      | $428926.49     | 0.00%             | 2026-04-29      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179R4E6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1045868 | PA      | $1012482.96    | 0.00%             | 2046-03-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTL HLDINGS NE                                                         | Mondelez International Holdings Netherlands BV                                   | CUSIP: 60920LAQ7<br>LEI: 549300CW356R8I7N8D33 | Long             | DBT              | CORP              | NL        |    1075000 | PA      | $1004125.25    | 0.00%             | 2024-09-24      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Republic of Finland                                                              | Finland Government International Bond                                            | CUSIP: 317873AY3<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |     935000 | PA      | $1003292.40    | 0.00%             | 2026-02-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: —       |
| VICI PROPERTIES LP                                                               | VICI Properties LP                                                               | CUSIP: 925650AA1<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |     120000 | PA      | $117421.20     | 0.00%             | 2025-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                   | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     657000 | PA      | $570059.19     | 0.00%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHINA CINDA 2020 I MNGMN                                                         | China Cinda 2020 I Management Ltd                                                | CUSIP: 000000000<br>LEI: 549300ZIBIB6Z9RSNU64 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $366980.00     | 0.00%             | 2027-03-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJM2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     750000 | PA      | $513652.50     | 0.00%             | 2051-10-24      | Fixed         | 2.83%                 | No            |                  2 | On Loan: No      |
| CubeSmart LP                                                                     | CubeSmart LP                                                                     | CUSIP: 22966RAE6<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |      67000 | PA      | $63779.98      | 0.00%             | 2029-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JU2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     432000 | PA      | $342874.08     | 0.00%             | 2041-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NORTHWEST FIBER LLC/NORT                                                         | Northwest Fiber LLC / Northwest Fiber Finance Sub Inc                            | CUSIP: 667449AC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     315000 | PA      | $260171.10     | 0.00%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                        | CUSIP: 59523UAL1<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |      75000 | PA      | $73801.50      | 0.00%             | 2024-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAM1<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    1171000 | PA      | $1135155.69    | 0.01%             | 2034-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     400000 | PA      | $144840.00     | 0.00%             | 2061-03-11      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| BLUE OWL FINANCE LLC                                                             | Blue Owl Finance LLC                                                             | CUSIP: 09581JAA4<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |     510000 | PA      | $399947.10     | 0.00%             | 2031-06-10      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)                                                            | Province of Ontario Canada                                                       | CUSIP: 683234AS7<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     855000 | PA      | $772210.35     | 0.00%             | 2026-01-21      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| ICBCIL FINANCE CO LTD                                                            | ICBCIL Finance Co Ltd                                                            | CUSIP: 000000000<br>LEI: 549300ZCUURSNVTOEU07 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $378148.00     | 0.00%             | 2024-08-02      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                                                            | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     335000 | PA      | $282063.30     | 0.00%             | 2031-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ASIAN DEVELOPMENT BANK                                                           | Asian Development Bank                                                           | CUSIP: 045167EP4<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | XX        |    1649000 | PA      | $1459661.82    | 0.01%             | 2029-09-19      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795HT0<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     258000 | PA      | $301006.02     | 0.00%             | 2038-01-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140M2RB0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1852535 | PA      | $1688404.89    | 0.01%             | 2036-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                                                     | SM Energy Co                                                                     | CUSIP: 78454LAL4<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     230000 | PA      | $225471.30     | 0.00%             | 2025-06-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| TRINSEO OP / TRINSEO FIN                                                         | Trinseo Materials Operating SCA / Trinseo Materials Finance Inc                  | CUSIP: 89668QAE8<br>LEI: 222100SZ6J5ZF05ZTR58 | Long             | DBT              | CORP              | LU        |     426000 | PA      | $372907.62     | 0.00%             | 2025-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAU7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     190000 | PA      | $183530.50     | 0.00%             | 2025-03-15      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                                            | Micron Technology Inc                                                            | CUSIP: 595112BT9<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     545000 | PA      | $391304.55     | 0.00%             | 2041-11-01      | Fixed         | 3.37%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 617482V92<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1427000 | PA      | $1665908.34    | 0.01%             | 2042-07-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PSA TREASURY PTE LTD                                                             | PSA Treasury Pte Ltd                                                             | CUSIP: 000000000<br>LEI: 254900X7FR3V7789SL36 | Long             | DBT              | CORP              | SG        |     800000 | PA      | $689512.00     | 0.00%             | 2030-04-30      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                                                     | Stryker Corp                                                                     | CUSIP: 863667AG6<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     262000 | PA      | $236020.08     | 0.00%             | 2044-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | Boeing Co/The                                                                    | CUSIP: 097023CK9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     707000 | PA      | $549119.83     | 0.00%             | 2049-05-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                      | CUSIP: 87612EBE5<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     848000 | PA      | $806117.28     | 0.00%             | 2026-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MASS INSTITUTE OF TECH                                                           | Massachusetts Institute of Technology                                            | CUSIP: 575718AH4<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |     486000 | PA      | $328059.72     | 0.00%             | 2051-07-01      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556CM2<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |     627000 | PA      | $492295.32     | 0.00%             | 2041-10-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                                             | Boston Properties LP                                                             | CUSIP: 10112RAW4<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              |  | US        |     474000 | PA      | $467378.22     | 0.00%             | 2024-02-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| SUN HUNG KAI PROP (CAP)                                                          | Sun Hung Kai Properties Capital Market Ltd                                       | CUSIP: 000000000<br>LEI: 222100WJDEUAP4JLW867 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $531216.00     | 0.00%             | 2030-01-21      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ITALY GOV'T INT BOND                                                             | Republic of Italy Government International Bond                                  | CUSIP: 465410CC0<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    1675000 | PA      | $1197474.25    | 0.01%             | 2051-05-06      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    2000000 | PA      | $1877440.00    | 0.01%             | 2030-04-16      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828P46<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   35450000 | PA      | $33181754.08   | 0.16%             | 2026-02-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                                                                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    4137000 | PA      | $3874217.76    | 0.02%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBT2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1934000 | PA      | $1732805.98    | 0.01%             | 2026-11-19      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                                              | NCL Corp Ltd                                                                     | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     425000 | PA      | $365155.75     | 0.00%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804GD0<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     852000 | PA      | $548219.40     | 0.00%             | 2050-12-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| TASEKO MINES LTD                                                                 | Taseko Mines Ltd                                                                 | CUSIP: 876511AF3<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |     330000 | PA      | $312744.30     | 0.00%             | 2026-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J75S0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     191058 | PA      | $190340.78     | 0.00%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA LTD                                                            | Rio Tinto Finance USA Ltd                                                        | CUSIP: 767201AD8<br>LEI: 213800RX94ZKEZXPKH58 | Long             | DBT              | CORP              | AU        |     605000 | PA      | $681006.15     | 0.00%             | 2028-07-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Lennar Corp                                                                      | Lennar Corp                                                                      | CUSIP: 526057CD4<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |    1340000 | PA      | $1321749.20    | 0.01%             | 2027-11-29      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WHITE CAP BUYER LLC                                                              | White Cap Buyer LLC                                                              | CUSIP: 96350RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     485000 | PA      | $444104.80     | 0.00%             | 2028-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PEK4<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    1250000 | PA      | $1238200.00    | 0.01%             | 2052-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L                                                             | Abu Dhabi Government International Bond                                          | CUSIP: 000000000<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |    1200000 | PA      | $1069080.00    | 0.01%             | 2028-06-02      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| XINGCHENG BVI                                                                    | Xingcheng Bvi Ltd                                                                | CUSIP: 000000000<br>LEI: 655600FFMBOY3ZM8Q607 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $524904.00     | 0.00%             | 2026-10-08      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QHPV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1661128 | PA      | $1513956.36    | 0.01%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048AR9<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     805000 | PA      | $769789.30     | 0.00%             | 2026-01-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Tampa Electric Co                                                                | Tampa Electric Co                                                                | CUSIP: 875127BE1<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |     290000 | PA      | $251119.70     | 0.00%             | 2048-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179MX39<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     615742 | PA      | $577562.63     | 0.00%             | 2043-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ZIPRECRUITER INC                                                                 | ZipRecruiter Inc                                                                 | CUSIP: 98980BAA1<br>LEI: 549300HLOVNNFCY2IV80 | Long             | DBT              | CORP              | US        |     360000 | PA      | $314823.60     | 0.00%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAZOON ASSETS CO SAOC                                                            | Mazoon Assets Co SAOC                                                            | CUSIP: 000000000<br>LEI: 6354003TDIRN5Y6LJP91 | Long             | DBT              | CORP              | OM        |     400000 | PA      | $394908.00     | 0.00%             | 2027-11-08      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CCL INDUSTRIES INC                                                               | CCL Industries Inc                                                               | CUSIP: 124900AD3<br>LEI: 549300TD3EMSRRC0YH75 | Long             | DBT              | CORP              | CA        |    1035000 | PA      | $881312.85     | 0.00%             | 2030-06-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| SECURITY BENEFIT GL FUND                                                         | Security Benefit Global Funding                                                  | CUSIP: 81412DAA1<br>LEI: 5493003C0JW6BY7YFF93 | Long             | DBT              | CORP              | US        |      70000 | PA      | $66177.30      | 0.00%             | 2024-05-17      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140Q8C52<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     850923 | PA      | $824017.73     | 0.00%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571903AY9<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     203000 | PA      | $194930.75     | 0.00%             | 2028-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442UAA2<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     230000 | PA      | $222920.60     | 0.00%             | 2025-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 826200AD9<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |     270000 | PA      | $284877.00     | 0.00%             | 2026-08-17      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| NUCOR CORP                                                                       | Nucor Corp                                                                       | CUSIP: 670346AR6<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | DBT              | CORP              | US        |     835000 | PA      | $784941.75     | 0.00%             | 2025-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DVLC7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     603437 | PA      | $536564.76     | 0.00%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516BW5<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     722000 | PA      | $698000.72     | 0.00%             | 2024-08-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| INDONESIA ASAHAN ALUMINI                                                         | Indonesia Asahan Aluminium Persero PT                                            | CUSIP: 000000000<br>LEI: 2549008P48EB9SN2OI80 | Long             | DBT              | CORP              | ID        |     300000 | PA      | $315078.00     | 0.00%             | 2028-11-15      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VCK8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1852000 | PA      | $1787717.08    | 0.01%             | 2046-08-21      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAU2<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     733000 | PA      | $528683.58     | 0.00%             | 2050-07-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J92G5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     117689 | PA      | $116149.64     | 0.00%             | 2047-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523CM0<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    1025000 | PA      | $869835.50     | 0.00%             | 2031-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| SHANGHAI PORT GRP DEV CO                                                         | Shanghai Port Group BVI Development Co Ltd                                       | CUSIP: 000000000<br>LEI: 30030018E34GXWP2RS97 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $384888.00     | 0.00%             | 2024-09-11      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516CE4<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     710000 | PA      | $630217.30     | 0.00%             | 2027-03-01      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400FA6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     480000 | PA      | $489825.60     | 0.00%             | 2035-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SHOUGANG GROUP CO LTD                                                            | Shougang Group Co Ltd                                                            | CUSIP: 000000000<br>LEI: 30030091XVDTZ9S51E79 | Long             | DBT              | CORP              | CN        |     600000 | PA      | $587622.00     | 0.00%             | 2024-05-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                                                          | Sasol Financing USA LLC                                                          | CUSIP: 80386WAC9<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |     600000 | PA      | $551640.00     | 0.00%             | 2026-09-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| WOORI BANK                                                                       | Woori Bank                                                                       | CUSIP: 000000000<br>LEI: 549300VUVMRL6RE7R376 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $384108.00     | 0.00%             | 2024-10-04      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                                              | Abbott Laboratories                                                              | CUSIP: 002824BB5<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |     290000 | PA      | $281720.50     | 0.00%             | 2025-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA                                                                          | CUSIP: 05583JAH5<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    1905000 | PA      | $1717890.90    | 0.01%             | 2026-10-06      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                                                          | Imperial Brands Finance PLC                                                      | CUSIP: 45262BAF0<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |     350000 | PA      | $359289.00     | 0.00%             | 2027-07-27      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                            | CUSIP: 73358XCN0<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     600000 | PA      | $434991.60     | 0.00%             | 2060-07-15      | Fixed         | 3.18%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JW1<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     235000 | PA      | $211927.70     | 0.00%             | 2032-03-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: —       |
| CASTLE PEAK PWR FIN CO                                                           | Castle Peak Power Finance Co Ltd                                                 | CUSIP: 000000000<br>LEI: 254900LYMFL8O07R2452 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $190388.00     | 0.00%             | 2027-07-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225401AC2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     825000 | PA      | $728112.00     | 0.00%             | 2028-01-09      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                                                                   | Fannie Mae-Aces                                                                  | CUSIP: 3136BGFQ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    5000000 | PA      | $4156172.55    | 0.02%             | 2031-07-25      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U3C5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     815000 | PA      | $807127.10     | 0.00%             | 2026-08-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                                                          | John Deere Capital Corp                                                          | CUSIP: 24422EWJ4<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     795000 | PA      | $787630.35     | 0.00%             | 2025-09-08      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| AutoZone Inc                                                                     | AutoZone Inc                                                                     | CUSIP: 053332AR3<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     145000 | PA      | $140174.40     | 0.00%             | 2025-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                        | CUSIP: 00817YAG3<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |     240000 | PA      | $271608.00     | 0.00%             | 2037-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BS0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     580000 | PA      | $605943.40     | 0.00%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                                                              | Sherwin-Williams Co/The                                                          | CUSIP: 824348AR7<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |     358000 | PA      | $347757.62     | 0.00%             | 2025-08-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                                           | Protective Life Global Funding                                                   | CUSIP: 74368CAX2<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    1560000 | PA      | $1418227.20    | 0.01%             | 2025-07-15      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBH7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1239000 | PA      | $1214319.12    | 0.01%             | 2025-05-07      | Fixed         | 3.93%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                                         | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     700000 | PA      | $596176.00     | 0.00%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                                                          | Southwestern Electric Power Co                                                   | CUSIP: 845437BL5<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     350000 | PA      | $376005.00     | 0.00%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BP6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     390000 | PA      | $316902.30     | 0.00%             | 2056-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ERV49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     136902 | PA      | $132075.46     | 0.00%             | 2045-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CSX Corp                                                                         | CSX Corp                                                                         | CUSIP: 126408GH0<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     145000 | PA      | $158113.80     | 0.00%             | 2036-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Experian Finance PLC                                                             | Experian Finance PLC                                                             | CUSIP: 30217AAB9<br>LEI: 635400RKRK5EGXSPC782 | Long             | DBT              | CORP              | GB        |     320000 | PA      | $301619.20     | 0.00%             | 2029-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DW4<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     673000 | PA      | $658490.12     | 0.00%             | 2050-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                                                                        | Amgen Inc                                                                        | CUSIP: 031162AW0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     150000 | PA      | $167158.50     | 0.00%             | 2037-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Transocean Inc                                                                   | Transocean Inc                                                                   | CUSIP: 893830BF5<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     340000 | PA      | $319389.20     | 0.00%             | 2026-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                                                                     | ING Groep NV                                                                     | CUSIP: 456837AW3<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     733000 | PA      | $612912.61     | 0.00%             | 2032-04-01      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDW3<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    1120000 | PA      | $1110032.00    | 0.01%             | 2027-04-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMPASS MINERALS INTERNA                                                         | Compass Minerals International Inc                                               | CUSIP: 20451NAG6<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |     325000 | PA      | $318990.75     | 0.00%             | 2027-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CFQ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5100000 | PA      | $5102191.42    | 0.02%             | 2024-10-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AR6<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     433000 | PA      | $382507.87     | 0.00%             | 2047-08-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MGM China Holdings Ltd                                                           | MGM China Holdings Ltd                                                           | CUSIP: 55300RAB7<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |     520000 | PA      | $496017.60     | 0.00%             | 2026-05-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2014-2 A PTT                                                          | United Airlines 2014-2 Class A Pass Through Trust                                | CUSIP: 90932QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     630428 | PA      | $581179.03     | 0.00%             | 2026-09-03      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Trimble Inc                                                                      | Trimble Inc                                                                      | CUSIP: 896239AC4<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |     181000 | PA      | $178326.63     | 0.00%             | 2028-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | Enbridge Inc                                                                     | CUSIP: 29250NAY1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     433000 | PA      | $412731.27     | 0.00%             | 2025-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                                                         | Olympus Water US Holding Corp                                                    | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     570000 | PA      | $476502.90     | 0.00%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                                          | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     415000 | PA      | $383422.65     | 0.00%             | 2029-05-09      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J82T9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     246357 | PA      | $250201.73     | 0.00%             | 2046-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DEXIA CREDIT LOCAL                                                               | Dexia Credit Local SA                                                            | CUSIP: 25214BBA1<br>LEI: F4G136OIPBYND1F41110 | Long             | DBT              | CORP              | FR        |     409000 | PA      | $370697.15     | 0.00%             | 2026-04-09      | Fixed         | 1.13%                 | No            |                  2 | On Loan: —       |
| BACARDI LTD                                                                      | Bacardi Ltd                                                                      | CUSIP: 000000000<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |      50000 | PA      | $49136.50      | 0.00%             | 2038-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526CK3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     303000 | PA      | $248520.60     | 0.00%             | 2032-05-28      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Becton Dickinson and Co                                                          | Becton Dickinson and Co                                                          | CUSIP: 075887BW8<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |    1171000 | PA      | $1139359.58    | 0.01%             | 2027-06-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SAUDI ELEC GLOBAL SUKUK                                                          | Saudi Electricity Global Sukuk Co 3                                              | CUSIP: 000000000<br>LEI: 549300BJ6IA5S2UFVN71 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $594660.00     | 0.00%             | 2024-04-08      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CCB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   81310000 | PA      | $70752404.69   | 0.34%             | 2031-05-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RBC5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     765000 | PA      | $679526.55     | 0.00%             | 2027-06-09      | Fixed         | 1.79%                 | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INC                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BV5<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |     235000 | PA      | $239789.30     | 0.00%             | 2028-02-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61744YAP3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1955000 | PA      | $1858540.30    | 0.01%             | 2029-01-24      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| JUNIPER NETWORKS INC                                                             | Juniper Networks Inc                                                             | CUSIP: 48203RAM6<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |     622000 | PA      | $573962.94     | 0.00%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                                                              | PayPal Holdings Inc                                                              | CUSIP: 70450YAD5<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |     742000 | PA      | $700307.02     | 0.00%             | 2026-10-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                                         | Siemens Financieringsmaatschappij NV                                             | CUSIP: 82620KAM5<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    1460000 | PA      | $1187213.60    | 0.01%             | 2046-09-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                      | MetLife Inc                                                                      | CUSIP: 59156RAE8<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     465000 | PA      | $535521.90     | 0.00%             | 2032-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Transocean Inc                                                                   | Transocean Inc                                                                   | CUSIP: 893830AF6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     340000 | PA      | $261303.60     | 0.00%             | 2031-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| MACQUARIE GROUP LTD                                                              | Macquarie Group Ltd                                                              | CUSIP: 55608JBE7<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     350000 | PA      | $318657.50     | 0.00%             | 2033-06-21      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Danaher Corp                                                                     | Danaher Corp                                                                     | CUSIP: 235851AQ5<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |      63000 | PA      | $61249.86      | 0.00%             | 2025-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| NESTLE HOLDINGS INC                                                              | Nestle Holdings Inc                                                              | CUSIP: 000000000<br>LEI: 549300EAEU8YV8MQXP30 | Long             | DBT              | CORP              | US        |     200000 | PA      | $180954.00     | 0.00%             | 2026-07-13      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 949746NL1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     578000 | PA      | $603674.76     | 0.00%             | 2036-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FEDEX CORP                                                                       | FedEx Corp                                                                       | CUSIP: 31428XCD6<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     380000 | PA      | $320875.80     | 0.00%             | 2031-05-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                                          | HCA Inc                                                                          | CUSIP: 404119BZ1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    1147000 | PA      | $1049126.49    | 0.01%             | 2049-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SHELL INTERNATIONAL FIN                                                          | Shell International Finance BV                                                   | CUSIP: 822582CL4<br>LEI: 213800ITMMKU4Z7I4F78 | Long             | DBT              | CORP              | NL        |    1195000 | PA      | $880093.60     | 0.00%             | 2051-11-26      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                | CUSIP: 30040WAL2<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     430000 | PA      | $367017.90     | 0.00%             | 2031-03-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Rutgers The State University of New Jersey                                       | RUTGERS NJ ST UNIV                                                               | CUSIP: 783186UJ6<br>LEI: 549300BOYDHNW8J60112 | Long             | DBT              | MUN               | US        |     200000 | PA      | $162782.40     | 0.00%             | 2043-05-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO                                                          | KazMunayGas National Co JSC                                                      | CUSIP: 000000000<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     800000 | PA      | $608808.00     | 0.00%             | 2033-04-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LENNOX INTERNATIONAL INC                                                         | Lennox International Inc                                                         | CUSIP: 526107AF4<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | DBT              | CORP              | US        |     240000 | PA      | $210084.00     | 0.00%             | 2027-08-01      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807CR6<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     250000 | PA      | $246987.50     | 0.00%             | 2024-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RDT6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     342000 | PA      | $359342.82     | 0.00%             | 2057-03-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                                                                      | NVIDIA Corp                                                                      | CUSIP: 67066GAE4<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |     465000 | PA      | $449696.85     | 0.00%             | 2026-09-16      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CENTRAIS ELETRICAS BRASI                                                         | Centrais Eletricas Brasileiras SA                                                | CUSIP: 000000000<br>LEI: 254900I8KYDELP4B4Z08 | Long             | DBT              | CORP              | BR        |     600000 | PA      | $524394.00     | 0.00%             | 2030-02-04      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                                                      | Netflix Inc                                                                      | CUSIP: 64110LAU0<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     645000 | PA      | $653314.05     | 0.00%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400GV9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     245000 | PA      | $220546.55     | 0.00%             | 2026-02-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| TRANSALTA CORP                                                                   | TransAlta Corp                                                                   | CUSIP: 89346DAH0<br>LEI: GJZNVO2UY6DNFNIYH321 | Long             | DBT              | CORP              | CA        |     150000 | PA      | $154855.50     | 0.00%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AT&T Inc                                                                         | AT&T Inc                                                                         | CUSIP: 00206RDS8<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     267000 | PA      | $270107.88     | 0.00%             | 2047-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOB FUND                                                          | Guardian Life Global Funding                                                     | CUSIP: 40139LBE2<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |      88000 | PA      | $75159.92      | 0.00%             | 2028-09-16      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| AVNET INC                                                                        | Avnet Inc                                                                        | CUSIP: 053807AU7<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |     405000 | PA      | $331504.65     | 0.00%             | 2031-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                                                         | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBE1<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |     340000 | PA      | $279310.00     | 0.00%             | 2044-06-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                                                          | Piedmont Natural Gas Co Inc                                                      | CUSIP: 720186AG0<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     105000 | PA      | $96566.40      | 0.00%             | 2043-08-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                                     | Broadcom Inc                                                                     | CUSIP: 11135FBD2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |      90000 | PA      | $88849.80      | 0.00%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP                                                          | International Bank for Reconstruction & Development                              | CUSIP: 45905URL0<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | XX        |    1030000 | PA      | $987100.50     | 0.00%             | 2025-03-03      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| SCENTRE GROUP TRUST 2                                                            | Scentre Group Trust 2                                                            | CUSIP: 76025LAB0<br>LEI: 549300VRF0U0JH8TBJ74 | Long             | DBT              |  | AU        |     590000 | PA      | $521164.70     | 0.00%             | 2080-09-24      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WGRV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      11813 | PA      | $11422.07      | 0.00%             | 2031-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | Bombardier Inc                                                                   | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     185000 | PA      | $184998.15     | 0.00%             | 2029-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND                                                          | Blackstone Secured Lending Fund                                                  | CUSIP: 09261LAC2<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |     653000 | PA      | $609262.06     | 0.00%             | 2026-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664DB4<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     800000 | PA      | $689880.00     | 0.00%             | 2052-03-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                                                       | Zoetis Inc                                                                       | CUSIP: 98978VAS2<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     619000 | PA      | $524639.64     | 0.00%             | 2030-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                                                           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664DA6<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     150000 | PA      | $134410.50     | 0.00%             | 2032-03-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912828ZF0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   20600000 | PA      | $19088796.98   | 0.09%             | 2025-03-31      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| D.R. HORTON INC                                                                  | DR Horton Inc                                                                    | CUSIP: 23331ABP3<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | DBT              | CORP              | US        |     330000 | PA      | $281876.10     | 0.00%             | 2027-10-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Trinity Acquisition PLC                                                          | Trinity Acquisition PLC                                                          | CUSIP: 89641UAC5<br>LEI: 549300FJZWZN6MJNGB63 | Long             | DBT              | CORP              | GB        |     259000 | PA      | $254977.73     | 0.00%             | 2026-03-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                                                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 000000000<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     800000 | PA      | $695816.00     | 0.00%             | 2049-02-05      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| SOUTHWESTERN PUBLIC SERV                                                         | Southwestern Public Service Co                                                   | CUSIP: 845743BN2<br>LEI: OL6FE7QD5EQ3DOYEO258 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9267.30       | 0.00%             | 2041-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DELMARVA PWR & LIGHT CO                                                          | Delmarva Power & Light Co                                                        | CUSIP: 247109BT7<br>LEI: NJ98T8DDD027ZFXUDB24 | Long             | DBT              | CORP              | US        |     305000 | PA      | $267969.95     | 0.00%             | 2045-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                                                      | Gap Inc/The                                                                      | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |     505000 | PA      | $387996.55     | 0.00%             | 2029-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555DD3<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     210000 | PA      | $166689.60     | 0.00%             | 2031-12-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDP8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $904219.40     | 0.00%             | 2028-10-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 639057AC2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     900000 | PA      | $801693.00     | 0.00%             | 2027-06-14      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| Gol Finance SA                                                                   | Gol Finance SA                                                                   | CUSIP: 000000000<br>LEI: 5299007RH8MA67ZC6J07 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $104456.00     | 0.00%             | 2025-01-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 89788MAL6<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     700000 | PA      | $703220.00     | 0.00%             | 2029-01-26      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| OHIO NAT FINANCIAL SRVS                                                          | Ohio National Financial Services Inc                                             | CUSIP: 67740QAG1<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |      25000 | PA      | $24485.75      | 0.00%             | 2031-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PCC8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1550000 | PA      | $1305782.00    | 0.01%             | 2032-04-22      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| LUBRIZOL CORP                                                                    | Lubrizol Corp/The                                                                | CUSIP: 549271AF1<br>LEI: 549300TW3R1QXAWGC017 | Long             | DBT              | CORP              | US        |     120000 | PA      | $142020.00     | 0.00%             | 2034-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13645RAY0<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     495000 | PA      | $485001.00     | 0.00%             | 2028-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Roche Holdings Inc                                                               | Roche Holdings Inc                                                               | CUSIP: 771196BP6<br>LEI: PVJRP0EQNV6OGDPZGY95 | Long             | DBT              | CORP              | US        |     364000 | PA      | $352981.72     | 0.00%             | 2028-09-17      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                                                                    | Nordstrom Inc                                                                    | CUSIP: 655664AH3<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     292000 | PA      | $283423.96     | 0.00%             | 2028-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J9EY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     585141 | PA      | $547933.90     | 0.00%             | 2044-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JM SMUCKER CO                                                                    | J M Smucker Co/The                                                               | CUSIP: 832696AP3<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |      59000 | PA      | $53139.53      | 0.00%             | 2045-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABT3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     683000 | PA      | $576902.78     | 0.00%             | 2028-01-10      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC                                                         | Comision Federal de Electricidad                                                 | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     600000 | PA      | $476970.00     | 0.00%             | 2033-07-26      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| SKY GROUP FINANCE PLC                                                            | Sky Group Finance Ltd                                                            | CUSIP: 11778BAB8<br>LEI: 213800BZ2GKRAWTQFZ49 | Long             | DBT              | CORP              | GB        |     945000 | PA      | $1067150.70    | 0.01%             | 2035-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                                                           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475AZ8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    1463000 | PA      | $1287469.26    | 0.01%             | 2030-01-22      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| GATX Corp                                                                        | GATX Corp                                                                        | CUSIP: 361448BC6<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |     725000 | PA      | $705040.75     | 0.00%             | 2028-11-07      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RAP4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     255000 | PA      | $259954.65     | 0.00%             | 2041-06-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| TEMASEK FINANCIAL I LTD                                                          | Temasek Financial I Ltd                                                          | CUSIP: 87973PBB9<br>LEI: 549300XMGMDF3VRJMF12 | Long             | DBT              | CORP              | SG        |     500000 | PA      | $373020.00     | 0.00%             | 2041-08-02      | Fixed         | 2.38%                 | No            |                  2 | On Loan: —       |
| Grand Parkway Transportation Corp                                                | GRAND PARKWAY TRANSPRTN CORP TX SYS TOLL REVENUE                                 | CUSIP: 38611TDL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     855000 | PA      | $664429.91     | 0.00%             | 2052-10-01      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal                                                                    | ArcelorMittal SA                                                                 | CUSIP: 03938LAS3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |     290000 | PA      | $301463.70     | 0.00%             | 2041-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 92556HAA5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     300000 | PA      | $297876.00     | 0.00%             | 2025-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132LAUF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     197036 | PA      | $197731.50     | 0.00%             | 2048-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                                                         | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556CK6<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |    1070000 | PA      | $932440.80     | 0.00%             | 2028-10-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46625HJZ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1017000 | PA      | $1007155.44    | 0.00%             | 2026-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                         | CUSIP: 64972FY34<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |     975000 | PA      | $1150261.13    | 0.01%             | 2044-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                      | CUSIP: 68389XCD5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1221000 | PA      | $1090426.26    | 0.01%             | 2028-03-25      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RAX0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     200000 | PA      | $183994.00     | 0.00%             | 2025-07-08      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                   | Morgan Stanley                                                                   | CUSIP: 61746BCY0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1040000 | PA      | $1092925.60    | 0.01%             | 2026-08-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT WTR & PWR REVENUE                                            | CUSIP: 544495WA8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     355000 | PA      | $445954.91     | 0.00%             | 2050-07-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| FLEX INTERMEDIATE HOLDCO                                                         | Flex Intermediate Holdco LLC                                                     | CUSIP: 33939HAB5<br>LEI: 549300290TQIGM30A243 | Long             | DBT              | CORP              | US        |     665000 | PA      | $506716.70     | 0.00%             | 2039-12-30      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| PETRON CORP                                                                      | Petron Corp                                                                      | CUSIP: 000000000<br>LEI: 549300R3PFXOFQSZ7G25 | Long             | DBT              | CORP              | PH        |     400000 | PA      | $351340.00     | 0.00%             | 2026-04-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                                          | Macy's Retail Holdings LLC                                                       | CUSIP: 55616XAJ6<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |     160000 | PA      | $99040.00      | 0.00%             | 2043-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN BANK & TRUS                                                         | Metropolitan Bank & Trust Co                                                     | CUSIP: 000000000<br>LEI: 549300SQYI82RVWFN715 | Long             | DBT              | CORP              | PH        |     400000 | PA      | $366852.00     | 0.00%             | 2026-01-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc                                                             | Waste Management Inc                                                             | CUSIP: 94106LBE8<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |     822000 | PA      | $784656.54     | 0.00%             | 2027-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INSURANCE                                                            | Nippon Life Insurance Co                                                         | CUSIP: 654579AK7<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |     645000 | PA      | $537949.35     | 0.00%             | 2051-09-16      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                                            | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1030000 | PA      | $963513.50     | 0.00%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738ECA1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $201714.00     | 0.00%             | 2033-08-09      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6NZ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4609911 | PA      | $4202990.97    | 0.02%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BMW FINANCE NV                                                                   | BMW Finance NV                                                                   | CUSIP: 05600LAB2<br>LEI: 5299006ZHG3IXU0PNJ56 | Long             | DBT              | CORP              | NL        |    1038000 | PA      | $1002853.32    | 0.00%             | 2024-08-14      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & CO                                                                   | McCormick & Co Inc/MD                                                            | CUSIP: 579780AN7<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     863000 | PA      | $821446.55     | 0.00%             | 2027-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NOVARTIS CAPITAL CORP                                                            | Novartis Capital Corp                                                            | CUSIP: 66989HAQ1<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     480000 | PA      | $444657.60     | 0.00%             | 2027-02-14      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XCXY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8855355 | PA      | $7791853.78    | 0.04%             | 2051-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ANTOFAGASTA PLC                                                                  | Antofagasta PLC                                                                  | CUSIP: 000000000<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $202128.00     | 0.00%             | 2032-05-13      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                               | Ford Motor Co                                                                    | CUSIP: 345370CA6<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     678000 | PA      | $727534.68     | 0.00%             | 2031-07-16      | Fixed         | 7.45%                 | No            |                  2 | On Loan: —       |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XDS98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7694315 | PA      | $6760252.59    | 0.03%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHONGQING NANAN CON DEV                                                          | Chongqing Nan'an Urban Construction & Development Group Co Ltd                   | CUSIP: 000000000<br>LEI: 3003001P24CZSBGLB979 | Long             | DBT              | CORP              | CN        |     600000 | PA      | $578394.00     | 0.00%             | 2024-06-04      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    1200000 | PA      | $1084344.00    | 0.01%             | 2060-04-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FRESNILLO PLC                                                                    | Fresnillo PLC                                                                    | CUSIP: 000000000<br>LEI: 549300JXWH1UV5J0XV81 | Long             | DBT              | CORP              | GB        |     600000 | PA      | $489756.00     | 0.00%             | 2050-10-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBS3<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    1139000 | PA      | $916712.76     | 0.00%             | 2031-03-25      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                       | CUSIP: 609207AY1<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |     733000 | PA      | $583709.89     | 0.00%             | 2032-10-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE INSURANCE                                                          | Guardian Life Insurance Co of America/The                                        | CUSIP: 401378AC8<br>LEI: N1YIDVMMKBHFYCCAIX69 | Long             | DBT              | CORP              | US        |     610000 | PA      | $542259.50     | 0.00%             | 2077-01-24      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967HT1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     861000 | PA      | $850642.17     | 0.00%             | 2024-06-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                                           | Mitsubishi UFJ Financial Group Inc                                               | CUSIP: 606822BR4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |     581000 | PA      | $499328.83     | 0.00%             | 2030-02-25      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| STATE GRID OVERSEAS INV                                                          | State Grid Overseas Investment BVI Ltd                                           | CUSIP: 000000000<br>LEI: 3003006V8BHG5158QO96 | Long             | DBT              | CORP              | VG        |     800000 | PA      | $798496.00     | 0.00%             | 2028-05-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FULL HOUSE RESORTS INC                                                           | Full House Resorts Inc                                                           | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |     280000 | PA      | $260363.60     | 0.00%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                                                                  | Hillenbrand Inc                                                                  | CUSIP: 431571AB4<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |     540000 | PA      | $525268.80     | 0.00%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                                                         | OCP SA                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MA        |     200000 | PA      | $193894.00     | 0.00%             | 2044-04-25      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL INSURANCE CO                                                          | Prudential Insurance Co of America/The                                           | CUSIP: 743917AH9<br>LEI: X574KRZ6V5A7UBU45C31 | Long             | DBT              | CORP              | US        |     735000 | PA      | $784627.20     | 0.00%             | 2025-07-01      | Fixed         | 8.30%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                                         | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     330000 | PA      | $308830.50     | 0.00%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571903AS2<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     848000 | PA      | $805879.84     | 0.00%             | 2026-06-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                                                                | Atmos Energy Corp                                                                | CUSIP: 049560AL9<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     268000 | PA      | $238790.68     | 0.00%             | 2043-01-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                                                              | Moody's Corp                                                                     | CUSIP: 615369AY1<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     285000 | PA      | $235011.00     | 0.00%             | 2052-02-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NATIONAL RETAIL PROP INC                                                         | National Retail Properties Inc                                                   | CUSIP: 637417AG1<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |      82000 | PA      | $80651.92      | 0.00%             | 2024-06-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| HYUNDAI ASSAN OTOMOTIV                                                           | Hyundai Assan Otomotiv Sanayi ve Ticaret AS                                      | CUSIP: 000000000<br>LEI: 789000YZQRPU4RDKPA38 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $172248.00     | 0.00%             | 2026-07-12      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                                                                        | ONEOK Inc                                                                        | CUSIP: 682680AT0<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     648000 | PA      | $566624.16     | 0.00%             | 2047-07-13      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1180000 | PA      | $1091275.80    | 0.01%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                            | CUSIP: 666807BP6<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    1157000 | PA      | $1022151.65    | 0.00%             | 2047-10-15      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| Progress Energy Inc                                                              | Progress Energy Inc                                                              | CUSIP: 743263AP0<br>LEI: 549300FBMTW0JYWMNB26 | Long             | DBT              | CORP              | US        |     335000 | PA      | $358282.50     | 0.00%             | 2039-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                        | CUSIP: 59523UAU1<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |     120000 | PA      | $83530.80      | 0.00%             | 2051-09-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                                             | Western Digital Corp                                                             | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |     625000 | PA      | $509612.50     | 0.00%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                                                           | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAE5<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     265000 | PA      | $218847.60     | 0.00%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | Bausch Health Cos Inc                                                            | CUSIP: 071734AL1<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     500000 | PA      | $227775.00     | 0.00%             | 2031-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Commonwealth Edison Co                                                           | Commonwealth Edison Co                                                           | CUSIP: 202795JN1<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     690000 | PA      | $666353.70     | 0.00%             | 2028-08-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                                                         | Consolidated Communications Inc                                                  | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |     490000 | PA      | $399967.40     | 0.00%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CT2<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     600000 | PA      | $644718.00     | 0.00%             | 2033-04-13      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                                                               | Panama Government International Bond                                             | CUSIP: 000000000<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     650000 | PA      | $619502.00     | 0.00%             | 2026-04-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| NIKE INC                                                                         | NIKE Inc                                                                         | CUSIP: 654106AM5<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | DBT              | CORP              | US        |     482000 | PA      | $403149.62     | 0.00%             | 2050-03-27      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDN8<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1429000 | PA      | $1154589.13    | 0.01%             | 2031-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                                                         | Benchmark 2018-B4 Mortgage Trust                                                 | CUSIP: 08161HAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     464286 | PA      | $452669.27     | 0.00%             | 2051-07-15      | Variable      | 4.06%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                                                                | Rakuten Group Inc                                                                | CUSIP: 75102WAB4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |     800000 | PA      | $649256.00     | 0.00%             | 2031-04-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| CENTURY ALUMINUM COMPANY                                                         | Century Aluminum Co                                                              | CUSIP: 156431AN8<br>LEI: 549300U5ODNGEYWKSW73 | Long             | DBT              | CORP              | US        |     145000 | PA      | $129086.25     | 0.00%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| SUTTER HEALTH                                                                    | Sutter Health                                                                    | CUSIP: 86944BAF0<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |     522000 | PA      | $477583.02     | 0.00%             | 2025-08-15      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| EXPORT-IMPORT BANK KOREA                                                         | Export-Import Bank of Korea                                                      | CUSIP: 302154DD8<br>LEI: 549300APVP4R32PI3Y06 | Long             | DBT              | NUSS              | KR        |    1200000 | PA      | $954396.00     | 0.00%             | 2030-09-21      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ENTERGY MISSISSIPPI LLC                                                          | Entergy Mississippi LLC                                                          | CUSIP: 29366WAA4<br>LEI: 54930043I78H35DVVW89 | Long             | DBT              | CORP              | US        |     350000 | PA      | $287714.00     | 0.00%             | 2049-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                                                      | Oracle Corp                                                                      | CUSIP: 68389XCF0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     510000 | PA      | $524672.70     | 0.00%             | 2025-11-10      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| TOWER HEALTH                                                                     | Tower Health                                                                     | CUSIP: 891792AA1<br>LEI: 549300SLJK3XUAQHFO63 | Long             | DBT              | CORP              | US        |     120000 | PA      | $56708.40      | 0.00%             | 2050-02-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                                                 | Deutsche Bank AG/New York NY                                                     | CUSIP: 25160PAE7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |     295000 | PA      | $278530.15     | 0.00%             | 2031-07-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP HOLDG                                                         | Cloud Software Group Holdings Inc                                                | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2840000 | PA      | $2491929.60    | 0.01%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc                                                         | Prudential Financial Inc                                                         | CUSIP: 744320AV4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    1350000 | PA      | $1323702.00    | 0.01%             | 2045-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                                                         | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |     305284 | PA      | $260981.19     | 0.00%             | 2051-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ATENTO LUXCO 1 SA                                                                | Atento Luxco 1 SA                                                                | CUSIP: 000000000<br>LEI: 549300MLFF3HYCZQTC48 | Long             | DBT              | CORP              | LU        |     350000 | PA      | $190438.50     | 0.00%             | 2026-02-10      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAK3<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $329332.00     | 0.00%             | 2049-07-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NATL LIFE INSURANCE-VRMT                                                         | National Life Insurance Co                                                       | CUSIP: 636792AB9<br>LEI: 0JRPR7R1EOV4Z2M47L22 | Long             | DBT              | CORP              | US        |      25000 | PA      | $22486.75      | 0.00%             | 2068-07-19      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| METHODIST HOSPITAL/THE                                                           | Methodist Hospital/The                                                           | CUSIP: 591539AA9<br>LEI: 549300Y1E42JLBRENF23 | Long             | DBT              | CORP              | US        |     378000 | PA      | $255856.86     | 0.00%             | 2050-12-01      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ETQT6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     147628 | PA      | $142740.23     | 0.00%             | 2031-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                                                         | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     900000 | PA      | $886356.00     | 0.00%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                            | MidAmerican Energy Co                                                            | CUSIP: 595620AP0<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     350000 | PA      | $312567.50     | 0.00%             | 2046-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Aflac Inc                                                                        | Aflac Inc                                                                        | CUSIP: 001055AR3<br>LEI: 549300N0B7DOGLXWPP39 | Long             | DBT              | CORP              | US        |     162000 | PA      | $136760.40     | 0.00%             | 2046-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                      | CUSIP: 29446MAH5<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     850000 | PA      | $725679.00     | 0.00%             | 2050-04-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                      | CUSIP: 29446MAG7<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     450000 | PA      | $393025.50     | 0.00%             | 2040-04-06      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF PENNSYLVAN                                                         | Trustees of the University of Pennsylvania/The                                   | CUSIP: 91481CAA8<br>LEI: 549300FG60YK9HZ7DS75 | Long             | DBT              | CORP              | US        |      15000 | PA      | $14012.25      | 0.00%             | 2112-09-01      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| FACTSET RESEARCH SYSTEMS                                                         | FactSet Research Systems Inc                                                     | CUSIP: 303075AB1<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | DBT              | CORP              | US        |     160000 | PA      | $140800.00     | 0.00%             | 2032-03-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                                                    | DTE Energy Co                                                                    | CUSIP: 233331BD8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |     870000 | PA      | $859968.90     | 0.00%             | 2024-11-01      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                                           | Protective Life Global Funding                                                   | CUSIP: 74368CBA1<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |     190000 | PA      | $182248.00     | 0.00%             | 2024-01-12      | Fixed         | 0.47%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                                                       | Humana Inc                                                                       | CUSIP: 444859BN1<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     500000 | PA      | $502415.00     | 0.00%             | 2030-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PHH MORTGAGE CORP                                                                | PHH Mortgage Corp                                                                | CUSIP: 69356NAA2<br>LEI: PAOOWF3GUFM46FBSP561 | Long             | DBT              | CORP              | US        |     245000 | PA      | $223790.35     | 0.00%             | 2026-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE                             | CUSIP: 913366KW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     175000 | PA      | $167860.70     | 0.00%             | 2053-05-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: —       |
| KOREA DEVELOPMENT BANK                                                           | Korea Development Bank/The                                                       | CUSIP: 500630DH8<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |     900000 | PA      | $728928.00     | 0.00%             | 2031-01-19      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                                      | Phillips 66 Co                                                                   | CUSIP: 718547AL6<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |     263000 | PA      | $245578.88     | 0.00%             | 2045-02-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804GB4<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |      80000 | PA      | $72836.80      | 0.00%             | 2029-07-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                               | CUSIP: 78081BAK9<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     970000 | PA      | $791558.80     | 0.00%             | 2030-09-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                                                          | Office Properties Income Trust                                                   | CUSIP: 67623CAF6<br>LEI: N/A                  | Long             | DBT              |  | US        |     270000 | PA      | $188009.10     | 0.00%             | 2031-10-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| SAMRUK KAZYNA JSC                                                                | Fund of National Welfare Samruk-Kazyna JSC                                       | CUSIP: 000000000<br>LEI: 213800N83GBAZJ4ER974 | Long             | DBT              | CORP              | KZ        |     400000 | PA      | $352640.00     | 0.00%             | 2026-10-28      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E                                                         | Alexandria Real Estate Equities Inc                                              | CUSIP: 015271AT6<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              |  | US        |     195000 | PA      | $170937.00     | 0.00%             | 2029-12-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                     | ING Groep NV                                                                     | CUSIP: 456837AP8<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    1039000 | PA      | $1021253.88    | 0.00%             | 2024-04-09      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179RBX6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     469938 | PA      | $454937.43     | 0.00%             | 2045-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Becton Dickinson and Co                                                          | Becton Dickinson and Co                                                          | CUSIP: 075887BF5<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     324000 | PA      | $318333.24     | 0.00%             | 2024-12-15      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XQX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    8231000 | PA      | $8367019.74    | 0.04%             | 2053-01-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WFWW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     121775 | PA      | $117704.35     | 0.00%             | 2030-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555CW2<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     320000 | PA      | $296710.40     | 0.00%             | 2027-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| CITIZENS BANK NA/RI                                                              | Citizens Bank NA/Providence RI                                                   | CUSIP: 75524KNQ3<br>LEI: DRMSV1Q0EKMEXLAU1P80 | Long             | DBT              | CORP              | US        |     270000 | PA      | $266087.70     | 0.00%             | 2025-05-23      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                                        | ONEOK Inc                                                                        | CUSIP: 682680BA0<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |      15000 | PA      | $13946.10      | 0.00%             | 2025-09-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DF1<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |    1194000 | PA      | $1036499.46    | 0.00%             | 2029-09-13      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| PepsiCo Inc                                                                      | PepsiCo Inc                                                                      | CUSIP: 713448BZ0<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | DBT              | CORP              | US        |     145000 | PA      | $135695.35     | 0.00%             | 2042-03-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                                                                | Kinder Morgan Inc                                                                | CUSIP: 49456BAS0<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     305000 | PA      | $211426.00     | 0.00%             | 2050-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                | CUSIP: 30040WAH1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     591000 | PA      | $462794.37     | 0.00%             | 2050-01-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Sonoco Products Co                                                               | Sonoco Products Co                                                               | CUSIP: 835495AJ1<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15466.95      | 0.00%             | 2040-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CAROLINAS                                                            | Duke Energy Carolinas LLC                                                        | CUSIP: 26442CAM6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |     287000 | PA      | $263354.07     | 0.00%             | 2041-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MHP SE                                                                           | MHP SE                                                                           | CUSIP: 000000000<br>LEI: 213800D7DXFXGA292757 | Long             | DBT              | CORP              | CY        |     400000 | PA      | $199075.00     | 0.00%             | 2024-05-10      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132CWXS8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2079463 | PA      | $1895907.55    | 0.01%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JD.COM INC                                                                       | JD.com Inc                                                                       | CUSIP: 47215PAE6<br>LEI: 549300HVTWB0GJZ16V92 | Long             | DBT              | CORP              | KY        |    1233000 | PA      | $1127257.92    | 0.01%             | 2030-01-14      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Oglethorpe Power Corp                                                            | Oglethorpe Power Corp                                                            | CUSIP: 677050AH9<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |      78000 | PA      | $75195.90      | 0.00%             | 2050-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                                 | CUSIP: 57421CAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     200000 | PA      | $155099.00     | 0.00%             | 2040-07-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                                                                    | AEP Texas Inc                                                                    | CUSIP: 00108WAM2<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |     500000 | PA      | $417870.00     | 0.00%             | 2030-07-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516BU9<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     485000 | PA      | $440714.65     | 0.00%             | 2029-08-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123BJ8<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2150000 | PA      | $1549333.00    | 0.01%             | 2041-01-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 000000000<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     428000 | PA      | $427914.40     | 0.00%             | 2042-05-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                                                          | Reliance Industries Ltd                                                          | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |    1250000 | PA      | $902387.50     | 0.00%             | 2052-01-12      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6N55<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    5080284 | PA      | $4630072.02    | 0.02%             | 2036-05-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29273RAF6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     242000 | PA      | $257708.22     | 0.00%             | 2036-10-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CSN RESOURCES SA                                                                 | CSN Resources SA                                                                 | CUSIP: 000000000<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |     600000 | PA      | $506898.00     | 0.00%             | 2031-06-10      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| APX GROUP INC                                                                    | APX Group Inc                                                                    | CUSIP: 00213MAV6<br>LEI: 549300OMQVKPRU98OE64 | Long             | DBT              | CORP              | US        |     410000 | PA      | $401947.60     | 0.00%             | 2027-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FONDO MIVIVIENDA SA                                                              | Fondo MIVIVIENDA SA                                                              | CUSIP: 000000000<br>LEI: 549300X41PNOK11PZ670 | Long             | DBT              | NUSS              | PE        |     400000 | PA      | $389516.00     | 0.00%             | 2027-04-12      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2440000 | PA      | $2236577.20    | 0.01%             | 2028-02-24      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                                                           | Mondelez International Inc                                                       | CUSIP: 609207AU9<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    1401000 | PA      | $1309864.95    | 0.01%             | 2025-05-04      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                                                 | Paramount Global                                                                 | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     485000 | PA      | $420160.35     | 0.00%             | 2057-02-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308JC2<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     180000 | PA      | $170827.20     | 0.00%             | 2028-08-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SOUTHERN POWER CO                                                                | Southern Power Co                                                                | CUSIP: 843646AW0<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |     125000 | PA      | $112193.75     | 0.00%             | 2026-01-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Oregon School Boards Association                                                 | OREGON ST SCH BRDS ASSN SHORT-TERM BORROWING PROGRAM CTFS                        | CUSIP: 686053CT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     100000 | PA      | $103546.40     | 0.00%             | 2028-06-30      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                     | NiSource Inc                                                                     | CUSIP: 65473QBB8<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     140000 | PA      | $140848.40     | 0.00%             | 2043-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XD6J0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8950776 | PA      | $7861751.77    | 0.04%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                                                          | Pakistan Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     800000 | PA      | $344416.00     | 0.00%             | 2026-04-08      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                                                            | Melco Resorts Finance Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     800000 | PA      | $754832.00     | 0.00%             | 2025-06-06      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| INGEVITY CORP                                                                    | Ingevity Corp                                                                    | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |     395000 | PA      | $347505.20     | 0.00%             | 2028-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                                         | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAS6<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     235000 | PA      | $222942.15     | 0.00%             | 2025-05-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| TRACTOR SUPPLY CO                                                                | Tractor Supply Co                                                                | CUSIP: 892356AA4<br>LEI: 549300OJ9VZHZRO6I137 | Long             | DBT              | CORP              | US        |     335000 | PA      | $266696.85     | 0.00%             | 2030-11-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS INC                                                          | Cboe Global Markets Inc                                                          | CUSIP: 12503MAC2<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |     862000 | PA      | $701849.02     | 0.00%             | 2030-12-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                                                   | Microsoft Corp                                                                   | CUSIP: 594918BT0<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    1215000 | PA      | $1102126.50    | 0.01%             | 2046-08-08      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                            | CUSIP: 73358XDP4<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     230000 | PA      | $174177.39     | 0.00%             | 2051-02-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co                                                                 | Alabama Power Co                                                                 | CUSIP: 010392FL7<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     324000 | PA      | $286108.20     | 0.00%             | 2044-08-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738ECE3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1300000 | PA      | $1464424.00    | 0.01%             | 2033-11-02      | Fixed         | 7.44%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                                                          | Philippine Government International Bond                                         | CUSIP: 718286CC9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    2100000 | PA      | $1971480.00    | 0.01%             | 2028-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WEA Finance LLC                                                                  | WEA Finance LLC                                                                  | CUSIP: 92928QAE8<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              | CORP              | US        |     110000 | PA      | $96560.20      | 0.00%             | 2028-09-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AFRICAN DEVELOPMENT BANK                                                         | African Development Bank                                                         | CUSIP: 00828EEE5<br>LEI: 549300LNCLMO3ITVCU07 | Long             | DBT              | NUSS              | XX        |     130000 | PA      | $117964.60     | 0.00%             | 2026-03-23      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                                         | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAL7<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     956000 | PA      | $937281.52     | 0.00%             | 2025-07-09      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                                                              | Buckeye Partners LP                                                              | CUSIP: 118230AN1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     301000 | PA      | $292018.16     | 0.00%             | 2024-10-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ELDORADO GOLD CORP                                                               | Eldorado Gold Corp                                                               | CUSIP: 000000000<br>LEI: 5493004PWQ01YDD1IH62 | Long             | DBT              | CORP              | CA        |     275000 | PA      | $253264.00     | 0.00%             | 2029-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VeriSign Inc                                                                     | VeriSign Inc                                                                     | CUSIP: 92343EAL6<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |     810000 | PA      | $803835.90     | 0.00%             | 2027-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC                                                               | Province of Quebec Canada                                                        | CUSIP: 748148SC8<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    3805000 | PA      | $3488880.60    | 0.02%             | 2025-07-23      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128MMUC5<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |     171213 | PA      | $165645.82     | 0.00%             | 2030-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GENM CAPITAL LABUAN                                                              | Genm Capital Labuan Ltd                                                          | CUSIP: 000000000<br>LEI: 254900DWSHIWTSE0YG58 | Long             | DBT              | CORP              | MY        |     800000 | PA      | $659568.00     | 0.00%             | 2031-04-19      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                      | CUSIP: 87612EBN5<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    1010000 | PA      | $748460.50     | 0.00%             | 2052-01-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLF84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6126284 | PA      | $5742471.98    | 0.03%             | 2036-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABN6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     705000 | PA      | $643397.10     | 0.00%             | 2025-10-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| NSTAR Electric Co                                                                | NSTAR Electric Co                                                                | CUSIP: 67021CAN7<br>LEI: 54930080R72Y2Z31UR68 | Long             | DBT              | CORP              | US        |     325000 | PA      | $303355.00     | 0.00%             | 2029-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Lear Corp                                                                        | Lear Corp                                                                        | CUSIP: 521865AZ8<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | DBT              | CORP              | US        |     460000 | PA      | $409528.80     | 0.00%             | 2049-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ATKORE INC                                                                       | Atkore Inc                                                                       | CUSIP: 047649AA6<br>LEI: 52990002TI38AM4RPV48 | Long             | DBT              | CORP              | US        |     243000 | PA      | $213609.15     | 0.00%             | 2031-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13645RBE3<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |     645000 | PA      | $583866.90     | 0.00%             | 2026-12-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC                                                                  | Global Atlantic Fin Co                                                           | CUSIP: 37959GAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     511900 | PA      | $442829.33     | 0.00%             | 2051-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                                                             | Glencore Funding LLC                                                             | CUSIP: 378272BC1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     362000 | PA      | $287265.10     | 0.00%             | 2051-04-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| INVITATION HOMES OP                                                              | Invitation Homes Operating Partnership LP                                        | CUSIP: 46188BAD4<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              |  | US        |     680000 | PA      | $624389.60     | 0.00%             | 2032-04-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J5G78<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     153313 | PA      | $148016.84     | 0.00%             | 2046-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418D6A5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   14173419 | PA      | $11355246.84   | 0.05%             | 2051-11-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967NN7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1920000 | PA      | $1736716.80    | 0.01%             | 2033-03-17      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                                                                  | Chevron USA Inc                                                                  | CUSIP: 166756AE6<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    1485000 | PA      | $1354765.50    | 0.01%             | 2025-08-12      | Fixed         | 0.69%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                                                | Ares Capital Corp                                                                | CUSIP: 04010LBC6<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     430000 | PA      | $337102.80     | 0.00%             | 2031-11-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    7600000 | PA      | $8330312.50    | 0.04%             | 2041-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PTC Inc                                                                          | PTC Inc                                                                          | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |     305000 | PA      | $284220.35     | 0.00%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRANE TECHNOLOGIES LUX                                                           | Trane Technologies Luxembourg Finance SA                                         | CUSIP: 456873AF5<br>LEI: 549300GHBOWCVY92IS29 | Long             | DBT              | CORP              | LU        |     205000 | PA      | $178167.55     | 0.00%             | 2049-03-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                                                   | Eli Lilly & Co                                                                   | CUSIP: 532457BZ0<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     717000 | PA      | $478855.62     | 0.00%             | 2060-09-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LEGEND FORTUNE LTD                                                               | Legend Fortune Ltd                                                               | CUSIP: 000000000<br>LEI: 549300ZK4C5GBWRE7L09 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $570798.00     | 0.00%             | 2024-06-02      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308KH9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1048500.00    | 0.01%             | 2053-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STATE GRID OVERSEAS INV                                                          | State Grid Overseas Investment 2013 Ltd                                          | CUSIP: 856899AC3<br>LEI: 529900GBH9XYPD4XZZ70 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $190428.00     | 0.00%             | 2043-05-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                                                                      | Target Corp                                                                      | CUSIP: 87612EBL9<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     975000 | PA      | $929545.50     | 0.00%             | 2025-04-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                                                         | Santander UK Group Holdings PLC                                                  | CUSIP: 80281LAT2<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |     600000 | PA      | $626160.00     | 0.00%             | 2029-01-10      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VBN9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     477000 | PA      | $463553.37     | 0.00%             | 2027-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CSL FINANCE PLC                                                                  | CSL Finance PLC                                                                  | CUSIP: 12661PAB5<br>LEI: 2549007CCNBNAF4HBC02 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $193696.00     | 0.00%             | 2029-04-27      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| FALABELLA SA                                                                     | Falabella SA                                                                     | CUSIP: 000000000<br>LEI: 5493004CKJQ7H391LM41 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $553632.00     | 0.00%             | 2027-10-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| Owl Rock Capital Corp                                                            | Owl Rock Capital Corp                                                            | CUSIP: 69121KAA2<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     354000 | PA      | $352630.02     | 0.00%             | 2024-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TECK RESOURCES LIMITED                                                           | Teck Resources Ltd                                                               | CUSIP: 878742BG9<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | DBT              | CORP              | CA        |     354000 | PA      | $329538.60     | 0.00%             | 2030-07-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                                                                        | Adobe Inc                                                                        | CUSIP: 00724PAC3<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |     694000 | PA      | $645281.20     | 0.00%             | 2027-02-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| LANDWIRTSCH. RENTENBANK                                                          | Landwirtschaftliche Rentenbank                                                   | CUSIP: 515110BT0<br>LEI: 529900Z3J0N6S0F7CT25 | Long             | DBT              | CORP              | DE        |    1323000 | PA      | $1248687.09    | 0.01%             | 2027-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DP World Crescent Ltd                                                            | DP World Crescent Ltd                                                            | CUSIP: 000000000<br>LEI: 21380096JRTWB8TL9236 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $811752.00     | 0.00%             | 2028-09-26      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| STEEL DYNAMICS INC                                                               | Steel Dynamics Inc                                                               | CUSIP: 858119BP4<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | DBT              | CORP              | US        |     355000 | PA      | $259884.85     | 0.00%             | 2050-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                                                           | Marriott International Inc/MD                                                    | CUSIP: 571900BB4<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |      75000 | PA      | $73730.25      | 0.00%             | 2024-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| UNIV SOUTHERN CALIFORIA                                                          | University of Southern California                                                | CUSIP: 914886AE6<br>LEI: 0GMCSQ6M60R4T46U5511 | Long             | DBT              | CORP              | US        |     290000 | PA      | $207988.00     | 0.00%             | 2050-10-01      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| EASTERN GAS TRAN                                                                 | Eastern Gas Transmission & Storage Inc                                           | CUSIP: 276480AH3<br>LEI: H2VQBNB3NSKRM5QWBI71 | Long             | DBT              | CORP              | US        |     584000 | PA      | $523188.08     | 0.00%             | 2029-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                                                         | Ferrellgas LP / Ferrellgas Finance Corp                                          | CUSIP: 315289AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     430000 | PA      | $395531.20     | 0.00%             | 2026-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DEV BANK PHILIPPINES                                                             | Development Bank of the Philippines                                              | CUSIP: 000000000<br>LEI: 549300FQFLY6N6DXP164 | Long             | DBT              | CORP              | PH        |     200000 | PA      | $162004.00     | 0.00%             | 2031-03-11      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CHINA CONSTRUCTION BANK                                                          | China Construction Bank Corp                                                     | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | DBT              | CORP              | CN        |    1300000 | PA      | $1290302.00    | 0.01%             | 2029-02-27      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138WEMY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      63947 | PA      | $61809.73      | 0.00%             | 2030-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TRANSCONT GAS PIPE LINE                                                          | Transcontinental Gas Pipe Line Co LLC                                            | CUSIP: 893574AP8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     818000 | PA      | $737582.42     | 0.00%             | 2030-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Envision Healthcare Corp                                                         | Envision Healthcare Corp                                                         | CUSIP: 29373TAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     100000 | PA      | $26541.00      | 0.00%             | 2026-10-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687EV4<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     527000 | PA      | $516122.72     | 0.00%             | 2044-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                                         | Volkswagen Group of America Finance LLC                                          | CUSIP: 928668AT9<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |     300000 | PA      | $296775.00     | 0.00%             | 2025-11-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VBU6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     752000 | PA      | $698134.24     | 0.00%             | 2049-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GBF8<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    2048000 | PA      | $1957396.48    | 0.01%             | 2040-03-19      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| Lennar Corp                                                                      | Lennar Corp                                                                      | CUSIP: 526057CV4<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |     740000 | PA      | $739126.80     | 0.00%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                    | Citigroup Inc                                                                    | CUSIP: 172967MF5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1858000 | PA      | $1817458.44    | 0.01%             | 2025-04-24      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                                                           | Open Text Holdings Inc                                                           | CUSIP: 683720AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     835000 | PA      | $701850.90     | 0.00%             | 2030-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLBL                                                         | Northwestern Mutual Global Funding                                               | CUSIP: 66815L2F5<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |     750000 | PA      | $678810.00     | 0.00%             | 2027-01-11      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| LEGENDS HOSPITALITY HOLD                                                         | Legends Hospitality Holding Co LLC / Legends Hospitality Co-Issuer Inc           | CUSIP: 52473NAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     250000 | PA      | $230580.00     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAISER FOUNDATION HOSPIT                                                         | Kaiser Foundation Hospitals                                                      | CUSIP: 48305QAB9<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |     896000 | PA      | $910443.52     | 0.00%             | 2042-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                                                         | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     280000 | PA      | $275836.40     | 0.00%             | 2028-12-31      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2019-2 AA PTT                                                         | United Airlines 2019-2 Class AA Pass Through Trust                               | CUSIP: 90932JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      23882 | PA      | $19774.67      | 0.00%             | 2032-05-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CRH America Finance Inc                                                          | CRH America Finance Inc                                                          | CUSIP: 12636YAA0<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |      50000 | PA      | $47303.50      | 0.00%             | 2027-05-09      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE                             | CUSIP: 913366KV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     105000 | PA      | $101243.21     | 0.00%             | 2032-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| DEERE & COMPANY                                                                  | Deere & Co                                                                       | CUSIP: 244199BD6<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | DBT              | CORP              | US        |     175000 | PA      | $186005.75     | 0.00%             | 2029-10-16      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QN4J8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4008755 | PA      | $3641279.91    | 0.02%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                                                   | Whirlpool Corp                                                                   | CUSIP: 963320AY2<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     415000 | PA      | $343719.60     | 0.00%             | 2031-05-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                      | CUSIP: 931142EZ2<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     900000 | PA      | $903879.00     | 0.00%             | 2052-09-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                                                    | Citigroup Inc                                                                    | CUSIP: 172967NA5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1735000 | PA      | $1545069.55    | 0.01%             | 2027-06-09      | Fixed         | 1.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418EAM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1625469 | PA      | $1370446.85    | 0.01%             | 2052-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                                 | Kilroy Realty LP                                                                 | CUSIP: 49427RAR3<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |     485000 | PA      | $350325.20     | 0.00%             | 2033-11-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DIAMOND SPORTS GR/DIAMON                                                         | Diamond Sports Group LLC / Diamond Sports Finance Co                             | CUSIP: 25277LAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     660000 | PA      | $13431.00      | 0.00%             | 2027-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KP5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     230000 | PA      | $174535.50     | 0.00%             | 2052-02-09      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EG8<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     535000 | PA      | $512353.45     | 0.00%             | 2027-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ALLEGION US HOLDING CO                                                           | Allegion US Holding Co Inc                                                       | CUSIP: 01748NAD6<br>LEI: 5493002B66JX7J7SXI33 | Long             | DBT              | CORP              | US        |     386000 | PA      | $373362.36     | 0.00%             | 2024-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     800000 | PA      | $296040.00     | 0.00%             | 2029-05-16      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| RELX CAPITAL INC                                                                 | RELX Capital Inc                                                                 | CUSIP: 74949LAD4<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |     934000 | PA      | $828626.12     | 0.00%             | 2030-05-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                                                         | Citizens Financial Group Inc                                                     | CUSIP: 174610AR6<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     400000 | PA      | $375200.00     | 0.00%             | 2026-07-27      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                                                             | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |     475000 | PA      | $354050.75     | 0.00%             | 2033-09-30      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                        | Amgen Inc                                                                        | CUSIP: 031162CQ1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     727000 | PA      | $688679.83     | 0.00%             | 2027-11-02      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 28622HAB7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     440000 | PA      | $441584.00     | 0.00%             | 2033-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                                                         | Enterprise Products Operating LLC                                                | CUSIP: 29379VCC5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     695000 | PA      | $705209.55     | 0.00%             | 2026-01-10      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ETGM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     102694 | PA      | $96164.20      | 0.00%             | 2045-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160CE2<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     853000 | PA      | $822155.52     | 0.00%             | 2027-03-03      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Bank                                                                             | BANK 2020-BNK27                                                                  | CUSIP: 06539XAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     690000 | PA      | $583133.93     | 0.00%             | 2063-04-15      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140FCNG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       4693 | PA      | $4482.92       | 0.00%             | 2046-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607HR46<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |      45000 | PA      | $43642.80      | 0.00%             | 2025-04-07      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc                                                               | Voya Financial Inc                                                               | CUSIP: 929089AC4<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     170000 | PA      | $148889.40     | 0.00%             | 2046-06-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC                                                             | TTM Technologies Inc                                                             | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |     315000 | PA      | $275199.75     | 0.00%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135CH7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1683000 | PA      | $1599977.61    | 0.01%             | 2032-04-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL                                                          | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: 000000000<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |     400000 | PA      | $323224.00     | 0.00%             | 2027-07-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS                                                           | Federation des Caisses Desjardins du Quebec                                      | CUSIP: 31429KAH6<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |     480000 | PA      | $473952.00     | 0.00%             | 2027-08-23      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                                                         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1448000 | PA      | $1234246.24    | 0.01%             | 2047-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D6NR7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2773320 | PA      | $2607047.33    | 0.01%             | 2035-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133AXHR6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8663966 | PA      | $7612246.64    | 0.04%             | 2051-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NORINCHUKIN BANK                                                                 | Norinchukin Bank/The                                                             | CUSIP: 656029AJ4<br>LEI: 5493007VSMFZCPV1NB83 | Long             | DBT              | CORP              | JP        |     995000 | PA      | $1005079.35    | 0.00%             | 2027-09-14      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| VMWARE INC                                                                       | VMware Inc                                                                       | CUSIP: 928563AH8<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |     260000 | PA      | $244103.60     | 0.00%             | 2024-08-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| HONG KONG                                                                        | Hong Kong Government International Bond                                          | CUSIP: 43858AAF7<br>LEI: 549300DSMAD69T7GGN13 | Long             | DBT              | NUSS              | HK        |     200000 | PA      | $201338.00     | 0.00%             | 2026-01-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PELABUHAN INDO PERSERO                                                           | Pelabuhan Indonesia Persero PT                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | ID        |     420000 | PA      | $397643.40     | 0.00%             | 2045-05-05      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442UAL8<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     155000 | PA      | $127428.60     | 0.00%             | 2031-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE TELEKOM AG                                                              | Deutsche Telekom AG                                                              | CUSIP: 251566AA3<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | DBT              | CORP              | DE        |    1145000 | PA      | $894416.75     | 0.00%             | 2050-01-21      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| COEUR MINING INC                                                                 | Coeur Mining Inc                                                                 | CUSIP: 192108BC1<br>LEI: 5493003AVK173D48DR70 | Long             | DBT              | CORP              | US        |     235000 | PA      | $189022.25     | 0.00%             | 2029-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| ING GROEP NV                                                                     | ING Groep NV                                                                     | CUSIP: 456837BB8<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     205000 | PA      | $196636.00     | 0.00%             | 2028-03-28      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| EOG Resources Inc                                                                | EOG Resources Inc                                                                | CUSIP: 26875PAN1<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | DBT              | CORP              | US        |     618000 | PA      | $583725.72     | 0.00%             | 2035-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                                     | Barclays PLC                                                                     | CUSIP: 06738EBV6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     310000 | PA      | $252820.50     | 0.00%             | 2032-11-24      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FU3<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     555000 | PA      | $538122.45     | 0.00%             | 2026-01-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                                                          | Hungary Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    1400000 | PA      | $1383284.00    | 0.01%             | 2029-06-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports Customer Facility Charge Revenue      | LOS ANGELES CA DEPT OF ARPTS CUSTOMER FAC CHARGE REVENUE                         | CUSIP: 54445CAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      55000 | PA      | $49218.40      | 0.00%             | 2048-05-15      | Fixed         | 4.24%                 | No            |                  2 | On Loan: No      |
| SPIRIT REALTY LP                                                                 | Spirit Realty LP                                                                 | CUSIP: 84861TAJ7<br>LEI: 549300GTBVIBJRX5BW73 | Long             | DBT              |  | US        |      15000 | PA      | $11633.70      | 0.00%             | 2032-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| DUKE UNIVERSITY                                                                  | Duke University                                                                  | CUSIP: 26442TAG2<br>LEI: FY5ICUIRRDCHN4HHL592 | Long             | DBT              | CORP              | US        |      10000 | PA      | $7092.30       | 0.00%             | 2050-10-01      | Fixed         | 2.76%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                                                           | Anglo American Capital PLC                                                       | CUSIP: 034863AS9<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     323000 | PA      | $315457.95     | 0.00%             | 2024-09-11      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CON EDISON CO OF NY INC                                                          | Consolidated Edison Co of New York Inc                                           | CUSIP: 209111FD0<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    1063000 | PA      | $981265.93     | 0.00%             | 2044-03-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Bharti Airtel Ltd                                                                | Bharti Airtel Ltd                                                                | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | DBT              | CORP              | IN        |     700000 | PA      | $684817.00     | 0.00%             | 2025-06-10      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   35900000 | PA      | $29028515.63   | 0.14%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Baidu Inc                                                                        | Baidu Inc                                                                        | CUSIP: 056752AN8<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |     625000 | PA      | $622687.50     | 0.00%             | 2028-11-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GKG3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     488000 | PA      | $470998.08     | 0.00%             | 2025-02-04      | Fixed         | 1.84%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513AX3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     552000 | PA      | $543410.88     | 0.00%             | 2025-05-21      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp                                                                  | McDonald's Corp                                                                  | CUSIP: 58013MEN0<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     205000 | PA      | $173427.95     | 0.00%             | 2042-02-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                                              | SVB Financial Group                                                              | CUSIP: 78486QAR2<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |     525000 | PA      | $505758.75     | 0.00%             | 2028-04-29      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST                                                           | Commonwealth Bank of Australia                                                   | CUSIP: 2027A0KB4<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |      40000 | PA      | $39304.80      | 0.00%             | 2024-06-04      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Texas Instruments Inc                                                            | Texas Instruments Inc                                                            | CUSIP: 882508BD5<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | DBT              | CORP              | US        |    1330000 | PA      | $1263752.70    | 0.01%             | 2048-05-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| WP Carey Inc                                                                     | WP Carey Inc                                                                     | CUSIP: 92936UAA7<br>LEI: 54930042CRNE713E3Q67 | Long             | DBT              |  | US        |     400000 | PA      | $396756.00     | 0.00%             | 2024-04-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                                         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAK7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     915000 | PA      | $896077.80     | 0.00%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                                                   | Microsoft Corp                                                                   | CUSIP: 594918CD4<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    2674000 | PA      | $1856611.68    | 0.01%             | 2060-06-01      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                      | CUSIP: 931142EY5<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     600000 | PA      | $601122.00     | 0.00%             | 2032-09-09      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140J8KW2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     505869 | PA      | $528061.28     | 0.00%             | 2047-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM CRP / CAYMN FI                                                          | Broadcom Corp / Broadcom Cayman Finance Ltd                                      | CUSIP: 11134LAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     105000 | PA      | $103553.10     | 0.00%             | 2024-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWCQ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    8809079 | PA      | $8030638.37    | 0.04%             | 2051-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS                                                           | Discover Financial Services                                                      | CUSIP: 254709AS7<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |     100000 | PA      | $106863.00     | 0.00%             | 2032-11-29      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                      | Cargill Inc                                                                      | CUSIP: 141781BS2<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |     875000 | PA      | $718016.25     | 0.00%             | 2031-11-10      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| HONG KONG                                                                        | Hong Kong Government International Bond                                          | CUSIP: 43858AAD2<br>LEI: 549300DSMAD69T7GGN13 | Long             | DBT              | NUSS              | HK        |    1200000 | PA      | $992532.00     | 0.00%             | 2031-02-02      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                                                 | Duke Energy Corp                                                                 | CUSIP: 26441CAS4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     425000 | PA      | $397596.00     | 0.00%             | 2026-09-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Consumers Energy Co                                                              | Consumers Energy Co                                                              | CUSIP: 210518CU8<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |      91000 | PA      | $80122.77      | 0.00%             | 2043-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                                                              | Quanta Services Inc                                                              | CUSIP: 74762EAG7<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |      15000 | PA      | $13954.20      | 0.00%             | 2024-10-01      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| PERUSAHAAN LISTRIK NEGAR                                                         | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                        | CUSIP: 71568QAG2<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     400000 | PA      | $403404.00     | 0.00%             | 2029-01-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                               | Ally Financial Inc                                                               | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     678000 | PA      | $744159.24     | 0.00%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GBM3<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    1381000 | PA      | $1126081.21    | 0.01%             | 2051-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                                            | Athene Global Funding                                                            | CUSIP: 04685A2Z3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     625000 | PA      | $546918.75     | 0.00%             | 2026-06-29      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                                                                     | CubeSmart LP                                                                     | CUSIP: 22966RAG1<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |      60000 | PA      | $47302.80      | 0.00%             | 2031-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VFR0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    2280000 | PA      | $1835696.40    | 0.01%             | 2031-01-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDK5<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    1050000 | PA      | $1026406.50    | 0.00%             | 2028-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Corp                                                            | Freedom Mortgage Corp                                                            | CUSIP: 35640YAA5<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |     413000 | PA      | $399127.33     | 0.00%             | 2024-11-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                                                           | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAA3<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     320000 | PA      | $315276.80     | 0.00%             | 2029-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                                                         | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AS7<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     582000 | PA      | $517566.78     | 0.00%             | 2030-04-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| IBM CORP                                                                         | International Business Machines Corp                                             | CUSIP: 459200KW0<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     530000 | PA      | $530540.60     | 0.00%             | 2026-02-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COSTCO WHOLESALE CORP                                                            | Costco Wholesale Corp                                                            | CUSIP: 22160KAQ8<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | DBT              | CORP              | US        |    1389000 | PA      | $1145424.96    | 0.01%             | 2032-04-20      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC Energy Group Inc                                                             | CUSIP: 92939UAG1<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |      80000 | PA      | $69950.40      | 0.00%             | 2028-12-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | OneMain Finance Corp                                                             | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     565000 | PA      | $450333.25     | 0.00%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP Paribas SA                                                                   | CUSIP: 05581KAA9<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |     560000 | PA      | $550894.40     | 0.00%             | 2025-09-28      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DN7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     919000 | PA      | $743186.11     | 0.00%             | 2030-08-21      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                                                                  | Weyerhaeuser Co                                                                  | CUSIP: 962166CA0<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              |  | US        |     125000 | PA      | $110186.25     | 0.00%             | 2033-03-09      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                                            | Toronto-Dominion Bank/The                                                        | CUSIP: 89114TZG0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    1092000 | PA      | $970001.76     | 0.00%             | 2026-09-10      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| UTAH ACQUISITION SUB                                                             | Utah Acquisition Sub Inc                                                         | CUSIP: 62854AAN4<br>LEI: 549300A0CD4KNFGIIS89 | Long             | DBT              | CORP              | US        |    1063000 | PA      | $1013060.26    | 0.00%             | 2026-06-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                                                               | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAG3<br>LEI: 549300TILVIIV9FLL461 | Long             | DBT              | CORP              | US        |     385000 | PA      | $383675.60     | 0.00%             | 2025-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                                                         | Discovery Communications LLC                                                     | CUSIP: 25470DBG3<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     893000 | PA      | $755102.94     | 0.00%             | 2049-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SWEDISH EXPORT CREDIT                                                            | Svensk Exportkredit AB                                                           | CUSIP: 87031CAE3<br>LEI: 1FOLRR5RWTWWI397R131 | Long             | DBT              | NUSS              | SE        |     400000 | PA      | $373488.00     | 0.00%             | 2027-03-22      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ASTRAZENECA FINANCE LLC                                                          | Astrazeneca Finance LLC                                                          | CUSIP: 04636NAB9<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |     229000 | PA      | $198085.00     | 0.00%             | 2031-05-28      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123CC3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    1151000 | PA      | $1134632.78    | 0.01%             | 2024-05-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CDB FINANCIAL LEASING                                                            | China Development Bank Financial Leasing Co Ltd                                  | CUSIP: 000000000<br>LEI: 3003001Y2JXAVQAIZ618 | Long             | DBT              | CORP              | CN        |     600000 | PA      | $562614.00     | 0.00%             | 2030-09-28      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| TSMC ARIZONA CORP                                                                | TSMC Arizona Corp                                                                | CUSIP: 872898AC5<br>LEI: 2549005GOBWLCSY63Q97 | Long             | DBT              | CORP              | US        |     275000 | PA      | $235378.00     | 0.00%             | 2031-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                                                         | Saudi Government International Bond                                              | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     900000 | PA      | $842634.00     | 0.00%             | 2027-02-03      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBP0<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     305000 | PA      | $288713.00     | 0.00%             | 2028-02-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ZHONGYUAN SINCERE INVST                                                          | Zhongyuan Sincere Investment Co Ltd                                              | CUSIP: 000000000<br>LEI: 30030026PYF6SG97YS25 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $194990.00     | 0.00%             | 2024-06-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                                                                | Johnson & Johnson                                                                | CUSIP: 478160BK9<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |     510000 | PA      | $524881.80     | 0.00%             | 2043-12-05      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                                                              | Georgia-Pacific LLC                                                              | CUSIP: 37331NAK7<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     135000 | PA      | $115812.45     | 0.00%             | 2030-04-30      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL                                                          | Honeywell International Inc                                                      | CUSIP: 438516BB1<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     100000 | PA      | $108807.00     | 0.00%             | 2041-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                                                       | Humana Inc                                                                       | CUSIP: 444859BD3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    1020000 | PA      | $1004720.40    | 0.00%             | 2024-10-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Republic of Iraq                                                                 | Iraq International Bond                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | IQ        |    1247125 | PA      | $1154787.87    | 0.01%             | 2028-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| KROGER CO                                                                        | Kroger Co/The                                                                    | CUSIP: 501044CR0<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     225000 | PA      | $216380.25     | 0.00%             | 2042-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NIAGARA MOHAWK POWER                                                             | Niagara Mohawk Power Corp                                                        | CUSIP: 65364UAK2<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |      50000 | PA      | $48397.50      | 0.00%             | 2024-10-01      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                                            | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     915000 | PA      | $903013.50     | 0.00%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                                                    | ZF North America Capital Inc                                                     | CUSIP: 98877DAC9<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |     645000 | PA      | $623644.05     | 0.00%             | 2025-04-29      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| QIB SUKUK LTD                                                                    | QIB Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300XDP1VCBZLCP049 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $400760.00     | 0.00%             | 2025-02-07      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| LIFE TIME INC                                                                    | Life Time Inc                                                                    | CUSIP: 53190FAA3<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |     638000 | PA      | $615944.34     | 0.00%             | 2026-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                                           | Mizuho Financial Group Inc                                                       | CUSIP: 60687YBP3<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    1115000 | PA      | $981579.10     | 0.00%             | 2027-05-22      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | Credit Suisse Group AG                                                           | CUSIP: 225401AY4<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    1000000 | PA      | $970930.00     | 0.00%             | 2026-07-15      | Fixed         | 6.37%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS Health Corp                                                                  | CUSIP: 126650DL1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     849000 | PA      | $721836.78     | 0.00%             | 2050-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                                                     | QUALCOMM Inc                                                                     | CUSIP: 747525AJ2<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |     780000 | PA      | $798439.20     | 0.00%             | 2035-05-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP                                                           | Regions Financial Corp                                                           | CUSIP: 7591EPAQ3<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |     795000 | PA      | $751108.05     | 0.00%             | 2025-05-18      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| HIGH STREET FNDG TRUST I                                                         | High Street Funding Trust I                                                      | CUSIP: 42981CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     205000 | PA      | $195758.60     | 0.00%             | 2028-02-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810QY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   18800000 | PA      | $16056375.00   | 0.08%             | 2042-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CANADIAN PACIFIC RAILWAY                                                         | Canadian Pacific Railway Co                                                      | CUSIP: 13645RAS3<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    1113000 | PA      | $1072063.86    | 0.01%             | 2025-02-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WNEK4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      44665 | PA      | $44835.98      | 0.00%             | 2047-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KL6J1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1491340 | PA      | $1265426.20    | 0.01%             | 2051-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Dow Chemical Co/The                                                              | Dow Chemical Co/The                                                              | CUSIP: 260543CL5<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     391000 | PA      | $358081.71     | 0.00%             | 2044-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| APPLE INC                                                                        | Apple Inc                                                                        | CUSIP: 037833DN7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    1890000 | PA      | $1754373.60    | 0.01%             | 2026-09-11      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                         | Occidental Petroleum Corp                                                        | CUSIP: 674599CY9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     230000 | PA      | $184462.30     | 0.00%             | 2049-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: —       |
| SERVICE CORP INTL                                                                | Service Corp International/US                                                    | CUSIP: 817565CE2<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     470000 | PA      | $451599.50     | 0.00%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY                                                          | Cooperatieve Rabobank UA/NY                                                      | CUSIP: 21688AAS1<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |     820000 | PA      | $771128.00     | 0.00%             | 2025-01-10      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076BT8<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    1418000 | PA      | $1334522.34    | 0.01%             | 2027-09-14      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Tampa Electric Co                                                                | Tampa Electric Co                                                                | CUSIP: 875127BA9<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |     354000 | PA      | $309017.22     | 0.00%             | 2042-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                                                           | CNH Industrial Capital LLC                                                       | CUSIP: 12592BAJ3<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |     110000 | PA      | $109030.90     | 0.00%             | 2024-01-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| DH EUROPE FINANCE II                                                             | DH Europe Finance II Sarl                                                        | CUSIP: 23291KAG0<br>LEI: 222100KDGL314CKTZ511 | Long             | DBT              | CORP              | LU        |     770000 | PA      | $739076.80     | 0.00%             | 2024-11-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                                          | Dell International LLC / EMC Corp                                                | CUSIP: 24703DBE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     900000 | PA      | $647415.00     | 0.00%             | 2041-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                                   | EPR Properties                                                                   | CUSIP: 26884UAC3<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |     490000 | PA      | $460257.00     | 0.00%             | 2026-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAG8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    2890000 | PA      | $2707727.70    | 0.01%             | 2027-03-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corp                                                             | Southern Copper Corp                                                             | CUSIP: 84265VAJ4<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |    1068000 | PA      | $1137484.08    | 0.01%             | 2045-04-23      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308KF3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     940000 | PA      | $944192.40     | 0.00%             | 2027-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| CELULOSA ARAUCO CONSTITU                                                         | Celulosa Arauco y Constitucion SA                                                | CUSIP: 000000000<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $379704.00     | 0.00%             | 2029-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Province of Quebec                                                               | Province of Quebec Canada                                                        | CUSIP: 748149AN1<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |    4132000 | PA      | $3936515.08    | 0.02%             | 2027-04-12      | Fixed         | 2.75%                 | No            |                  2 | On Loan: —       |
| Lazard Group LLC                                                                 | Lazard Group LLC                                                                 | CUSIP: 52107QAH8<br>LEI: FI94J2CJ1D7BIGVMS874 | Long             | DBT              | CORP              | US        |     133000 | PA      | $125901.79     | 0.00%             | 2027-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF II                                                               | Pacific Life Global Funding II                                                   | CUSIP: 6944PL2D0<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |      90000 | PA      | $75726.90      | 0.00%             | 2028-01-20      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KJQ39<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1396702 | PA      | $1282598.33    | 0.01%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VDS0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     275000 | PA      | $269964.75     | 0.00%             | 2049-04-15      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| CENTRAL AMERICAN BANK                                                            | Central American Bank for Economic Integration                                   | CUSIP: 15238PAF3<br>LEI: 549300OLDAMXBPSHIC05 | Long             | DBT              | NUSS              | XX        |     365000 | PA      | $342775.15     | 0.00%             | 2025-05-06      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CN OVERSEAS FIN KY VIII                                                          | China Overseas Finance Cayman VIII Ltd                                           | CUSIP: 000000000<br>LEI: 300300JLMTEWBKJNL662 | Long             | DBT              | CORP              | KY        |     250000 | PA      | $225107.50     | 0.00%             | 2029-07-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                                                       | Fiserv Inc                                                                       | CUSIP: 337738AS7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    1443000 | PA      | $1398281.43    | 0.01%             | 2024-07-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Provincia de Cordoba                                                             | Provincia de Cordoba                                                             | CUSIP: 000000000<br>LEI: 5299006CLM2Z97AATT29 | Long             | DBT              | NUSS              | AR        |     301800 | PA      | $229512.86     | 0.00%             | 2027-06-01      | Variable      | 6.99%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                                                            | Waste Connections Inc                                                            | CUSIP: 94106BAB7<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |      80000 | PA      | $58739.20      | 0.00%             | 2050-04-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     843000 | PA      | $754695.75     | 0.00%             | 2025-11-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                                                                 | Crown Castle Inc                                                                 | CUSIP: 22822VAB7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     643000 | PA      | $635624.79     | 0.00%             | 2026-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BS4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1899000 | PA      | $1575201.51    | 0.01%             | 2030-06-03      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133KH2L9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     578628 | PA      | $531693.18     | 0.00%             | 2050-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                                                       | Cigna Corp                                                                       | CUSIP: 125523CP3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |    1415000 | PA      | $1276287.55    | 0.01%             | 2026-03-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                                                         | Targa Resources Partners LP / Targa Resources Partners Finance Corp              | CUSIP: 87612BBQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     675000 | PA      | $661425.75     | 0.00%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LIFEPT/LEGACY LIFEPT                                                             | RegionalCare Hospital Partners Holdings Inc / LifePoint Health Inc               | CUSIP: 53219LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     910000 | PA      | $797096.30     | 0.00%             | 2026-12-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| UNILEVER CAPITAL CORP                                                            | Unilever Capital Corp                                                            | CUSIP: 904764BK2<br>LEI: MYF1DAS6G5WY7PRWCU78 | Long             | DBT              | CORP              | US        |     680000 | PA      | $550256.00     | 0.00%             | 2030-09-14      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                                                          | Office Properties Income Trust                                                   | CUSIP: 67623CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     345000 | PA      | $264007.80     | 0.00%             | 2027-02-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENER HOUSTON                                                         | CenterPoint Energy Houston Electric LLC                                          | CUSIP: 15189XAY4<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |      45000 | PA      | $37283.40      | 0.00%             | 2052-03-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| NONGHYUP BANK                                                                    | NongHyup Bank                                                                    | CUSIP: 65540KAF2<br>LEI: 988400GSDJCW3LKJBD20 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $188188.00     | 0.00%             | 2024-07-28      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    3542000 | PA      | $3173490.32    | 0.02%             | 2027-07-22      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 05531FBB8<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     676000 | PA      | $658633.56     | 0.00%             | 2024-10-26      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| SINOPEC CAPITAL 2013 LTD                                                         | Sinopec Capital 2013 Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     650000 | PA      | $560059.50     | 0.00%             | 2043-04-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State Board of Administration Finance Corp                                       | FLORIDA ST BRD OF ADMIN FIN CORP REVENUE                                         | CUSIP: 341271AD6<br>LEI: 549300S34SOJ0RULXM35 | Long             | DBT              | MUN               | US        |     967000 | PA      | $893348.45     | 0.00%             | 2025-07-01      | Fixed         | 1.26%                 | No            |                  2 | On Loan: No      |
| SOLVAY FINANCE (AMERICA)                                                         | Solvay Finance America LLC                                                       | CUSIP: 834423AB1<br>LEI: 54930073OEL5K0Y7NK81 | Long             | DBT              | CORP              | US        |     200000 | PA      | $195308.00     | 0.00%             | 2025-12-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                                                              | Elevance Health Inc                                                              | CUSIP: 036752AC7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    1304000 | PA      | $1273942.80    | 0.01%             | 2024-12-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                      | CUSIP: 931142EV1<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    1273000 | PA      | $930741.22     | 0.00%             | 2051-09-22      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                                  | Danske Bank A/S                                                                  | CUSIP: 23636AAW1<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    1635000 | PA      | $1555457.25    | 0.01%             | 2024-06-22      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| OHIO POWER COMPANY                                                               | Ohio Power Co                                                                    | CUSIP: 677415CS8<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |     547000 | PA      | $477815.44     | 0.00%             | 2030-04-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| XIAOMI BEST TIME INTL                                                            | Xiaomi Best Time International Ltd                                               | CUSIP: 000000000<br>LEI: 254900IGJCVEY8WNJT74 | Long             | DBT              | CORP              | HK        |     800000 | PA      | $674224.00     | 0.00%             | 2030-04-29      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Emaar Sukuk Ltd                                                                  | Emaar Sukuk Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300NZHOOO6634T541 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $578682.00     | 0.00%             | 2026-09-15      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE                                                         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LAR2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $198000.00     | 0.00%             | 2024-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CLEVELAND ELECTRIC ILLUM                                                         | Cleveland Electric Illuminating Co/The                                           | CUSIP: 186108CJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     220000 | PA      | $222235.20     | 0.00%             | 2024-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                                                               | Royalty Pharma PLC                                                               | CUSIP: 78081BAJ2<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     697000 | PA      | $604975.09     | 0.00%             | 2027-09-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES                                                            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAZ2<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     509000 | PA      | $503691.13     | 0.00%             | 2049-03-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                                                   | Starbucks Corp                                                                   | CUSIP: 855244AV1<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    1310000 | PA      | $1193842.30    | 0.01%             | 2027-03-12      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES                                   | BlackRock Cash Funds: Treasury, SL Agency Shares                                 | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |     100000 | NS      | $100000.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo Capital PLC                                                               | Diageo Capital PLC                                                               | CUSIP: 25243YAV1<br>LEI: 213800L23DJLALFC4O95 | Long             | DBT              | CORP              | GB        |     160000 | PA      | $141059.20     | 0.00%             | 2043-04-29      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                               | Ally Financial Inc                                                               | CUSIP: 370425RZ5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    1074000 | PA      | $1178328.36    | 0.01%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QHET8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    8425819 | PA      | $7681964.84    | 0.04%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QLRW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6895769 | PA      | $6339766.73    | 0.03%             | 2051-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Discover Bank                                                                    | Discover Bank                                                                    | CUSIP: 25466AAJ0<br>LEI: X05BVSK68TQ7YTOSNR22 | Long             | DBT              | CORP              | US        |     225000 | PA      | $213594.75     | 0.00%             | 2026-07-27      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| TC ZIRAAT BANKASI AS                                                             | TC Ziraat Bankasi AS                                                             | CUSIP: 000000000<br>LEI: 213800K5KTZFSUS8MR51 | Long             | DBT              | CORP              | TR        |     400000 | PA      | $358416.00     | 0.00%             | 2026-03-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LSEGA FINANCING PLC                                                              | LSEGA Financing PLC                                                              | CUSIP: 50220PAC7<br>LEI: 2138009YFYTGEHZNNZ09 | Long             | DBT              | CORP              | GB        |    1440000 | PA      | $1262980.80    | 0.01%             | 2028-04-06      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                                                             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LBC9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     985000 | PA      | $959419.55     | 0.00%             | 2027-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO                                                              | Emerson Electric Co                                                              | CUSIP: 291011BL7<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |     924000 | PA      | $825067.32     | 0.00%             | 2027-10-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ELECTRIC                                                           | Massachusetts Electric Co                                                        | CUSIP: 575634AT7<br>LEI: 549300XN8GZY5U5O1B96 | Long             | DBT              | CORP              | US        |     202000 | PA      | $157331.74     | 0.00%             | 2046-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JOY TRSR ASSETS HLD                                                              | Joy Treasure Assets Holdings Inc                                                 | CUSIP: 000000000<br>LEI: 2549002TXU15P8D3F498 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $536634.00     | 0.00%             | 2025-11-17      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BROADCOM CRP / CAYMN FI                                                          | Broadcom Corp / Broadcom Cayman Finance Ltd                                      | CUSIP: 11134LAP4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     460000 | PA      | $444493.40     | 0.00%             | 2025-01-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123CQ1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2000000 | PA      | $1764960.00    | 0.01%             | 2028-10-24      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TERRAFORM GLOBAL OPERATI                                                         | Terraform Global Operating LP                                                    | CUSIP: 88104UAC7<br>LEI: 549300LC7QMVR79H5O86 | Long             | DBT              | CORP              | US        |     275000 | PA      | $261585.50     | 0.00%             | 2026-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| RAKFUNDING CAYMAN LTD                                                            | Rakfunding Cayman Ltd                                                            | CUSIP: 000000000<br>LEI: 254900VKV21C7FBKPR59 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $197178.00     | 0.00%             | 2024-04-09      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                       | PacifiCorp                                                                       | CUSIP: 695114CU0<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     610000 | PA      | $577846.90     | 0.00%             | 2029-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc                                                                   | Mastercard Inc                                                                   | CUSIP: 57636QAL8<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |     247000 | PA      | $217394.58     | 0.00%             | 2049-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc                                                                  | Caterpillar Inc                                                                  | CUSIP: 149123BL4<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |       5000 | PA      | $5331.95       | 0.00%             | 2035-09-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AHS HOSPITAL CORP                                                                | AHS Hospital Corp                                                                | CUSIP: 001306AC3<br>LEI: 549300D7W3C9Z4RGJG34 | Long             | DBT              | CORP              | US        |     308000 | PA      | $207120.76     | 0.00%             | 2051-07-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CW7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     415000 | PA      | $433442.60     | 0.00%             | 2029-11-17      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140X9R64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9503069 | PA      | $8664112.64    | 0.04%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CROCS INC                                                                        | Crocs Inc                                                                        | CUSIP: 227046AB5<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     360000 | PA      | $298742.40     | 0.00%             | 2031-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                                              | Southern California Edison Co                                                    | CUSIP: 842400FC2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     448000 | PA      | $460938.24     | 0.00%             | 2036-02-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                         | Electricite de France SA                                                         | CUSIP: 268317AU8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    1225000 | PA      | $1197780.50    | 0.01%             | 2028-09-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| MASS GENERAL BRIGHAM INC                                                         | Mass General Brigham Inc                                                         | CUSIP: 70213HAE8<br>LEI: 5493007Z86EDN0QFYU66 | Long             | DBT              | CORP              | US        |     510000 | PA      | $387365.40     | 0.00%             | 2049-07-01      | Fixed         | 3.19%                 | No            |                  2 | On Loan: No      |
| HONDA MOTOR CO LTD                                                               | Honda Motor Co Ltd                                                               | CUSIP: 438127AB8<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |     700000 | PA      | $652981.00     | 0.00%             | 2027-03-10      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA                                                            | Indonesia Government International Bond                                          | CUSIP: 455780CW4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1200000 | PA      | $905472.00     | 0.00%             | 2051-03-12      | Fixed         | 3.05%                 | No            |                  2 | On Loan: —       |
| Pitney Bowes Inc                                                                 | Pitney Bowes Inc                                                                 | CUSIP: 724479AJ9<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     275000 | PA      | $272142.75     | 0.00%             | 2024-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| HOLCIM FINANCE US LLC                                                            | Holcim Finance US LLC                                                            | CUSIP: 50587KAA9<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |     400000 | PA      | $377812.00     | 0.00%             | 2026-09-22      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                                                               | Turkey Government International Bond                                             | CUSIP: 900123CL2<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    2600000 | PA      | $2363712.00    | 0.01%             | 2027-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| TD SYNNEX CORP                                                                   | TD SYNNEX Corp                                                                   | CUSIP: 87162WAD2<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |     220000 | PA      | $206412.80     | 0.00%             | 2024-08-09      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Textron Inc                                                                      | Textron Inc                                                                      | CUSIP: 883203CA7<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |     190000 | PA      | $178345.40     | 0.00%             | 2029-09-17      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BOCOM LEASING MGMT                                                               | Bocom Leasing Management Hong Kong Co Ltd                                        | CUSIP: 000000000<br>LEI: 549300VK5E35PN5ZZX74 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $378596.00     | 0.00%             | 2024-06-18      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| STATE OIL CO OF THE AZER                                                         | State Oil Co of the Azerbaijan Republic                                          | CUSIP: 000000000<br>LEI: 2549002HARR1VE257O76 | Long             | DBT              | CORP              | AZ        |     222000 | PA      | $232289.70     | 0.00%             | 2030-03-18      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| DOLLAR TREE INC                                                                  | Dollar Tree Inc                                                                  | CUSIP: 256746AK4<br>LEI: 549300PMSTQITB1WHR43 | Long             | DBT              | CORP              | US        |     255000 | PA      | $184474.65     | 0.00%             | 2051-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MARB BONDCO PLC                                                                  | MARB BondCo PLC                                                                  | CUSIP: 000000000<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | GB        |    1000000 | PA      | $787220.00     | 0.00%             | 2031-01-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                                                           | Verizon Communications Inc                                                       | CUSIP: 92343VFX7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1061000 | PA      | $855993.58     | 0.00%             | 2030-10-30      | Fixed         | 1.68%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                                                                | Expedia Group Inc                                                                | CUSIP: 30212PBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     860000 | PA      | $846136.80     | 0.00%             | 2027-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BELROSE FUNDING TRUST                                                            | Belrose Funding Trust                                                            | CUSIP: 080807AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1148000 | PA      | $905749.04     | 0.00%             | 2030-08-15      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| ACUITY BRANDS LIGHTING                                                           | Acuity Brands Lighting Inc                                                       | CUSIP: 00510RAD5<br>LEI: 549300OTPVPFLUC38K21 | Long             | DBT              | CORP              | US        |     225000 | PA      | $180382.50     | 0.00%             | 2030-12-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS                                                         | Air Products and Chemicals Inc                                                   | CUSIP: 009158BC9<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |     600000 | PA      | $521538.00     | 0.00%             | 2030-05-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                                          | Hyundai Capital America                                                          | CUSIP: 44891ABF3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     850000 | PA      | $808384.00     | 0.00%             | 2025-02-10      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140XBQ78<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    6969619 | PA      | $6159274.23    | 0.03%             | 2051-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UKY7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   11548216 | PA      | $11614036.87   | 0.06%             | 2049-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829BR7<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     280000 | PA      | $201751.20     | 0.00%             | 2051-12-14      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AMSTED INDUSTRIES                                                                | Amsted Industries Inc                                                            | CUSIP: 032177AH0<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |     295000 | PA      | $289987.95     | 0.00%             | 2027-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WM7L2<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |      66717 | PA      | $64227.04      | 0.00%             | 2047-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                                                           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAK1<br>LEI: N/A                  | Long             | DBT              |  | US        |     855000 | PA      | $801229.05     | 0.00%             | 2028-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | Level 3 Financing Inc                                                            | CUSIP: 527298BQ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     555000 | PA      | $449633.25     | 0.00%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SPANISH BROADCASTING SYS                                                         | Spanish Broadcasting System Inc                                                  | CUSIP: 846425AQ9<br>LEI: 5493005DKYB1X4C9LH64 | Long             | DBT              | CORP              | US        |     195000 | PA      | $115024.65     | 0.00%             | 2026-03-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                                             | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |      90000 | PA      | $71505.00      | 0.00%             | 2032-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Target Corp                                                                      | Target Corp                                                                      | CUSIP: 87612EBG0<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |     356000 | PA      | $312617.84     | 0.00%             | 2047-11-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                             | CUSIP: 709223A27<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     250000 | PA      | $280357.75     | 0.00%             | 2045-12-01      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE                             | CUSIP: 913366EP1<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |     225000 | PA      | $272960.78     | 0.00%             | 2048-05-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC Holdings PLC                                                                | CUSIP: 404280CH0<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     689000 | PA      | $582577.06     | 0.00%             | 2031-06-04      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| PROV ST JOSEPH HLTH OBL                                                          | Providence St Joseph Health Obligated Group                                      | CUSIP: 743756AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      25000 | PA      | $23612.50      | 0.00%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DH7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     605000 | PA      | $586487.00     | 0.00%             | 2025-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Duke Energy Progress LLC                                                         | Duke Energy Progress LLC                                                         | CUSIP: 26442UAC8<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |     578000 | PA      | $466272.60     | 0.00%             | 2046-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PCW0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     755000 | PA      | $735294.50     | 0.00%             | 2027-01-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CNAC HK FINBRIDGE CO LTD                                                         | CNAC HK Finbridge Co Ltd                                                         | CUSIP: 000000000<br>LEI: 549300US1UQ7R7WABI28 | Long             | DBT              | CORP              | HK        |     600000 | PA      | $555072.00     | 0.00%             | 2029-06-19      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| STATE GRID OVERSEAS INV                                                          | State Grid Overseas Investment 2014 Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     800000 | PA      | $793608.00     | 0.00%             | 2024-05-07      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                                                       | goeasy Ltd                                                                       | CUSIP: 380355AD9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |     495000 | PA      | $474378.30     | 0.00%             | 2024-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| QUINCY HEALTH LLC                                                                | QUINCY HEALTH LLC                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        489 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SALESFORCE INC                                                                   | Salesforce Inc                                                                   | CUSIP: 79466LAF1<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | DBT              | CORP              | US        |    1274000 | PA      | $1246774.62    | 0.01%             | 2028-04-11      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                                                    | Aircastle Ltd                                                                    | CUSIP: 00928QAT8<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    1505000 | PA      | $1472552.20    | 0.01%             | 2025-08-11      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KAISER FOUNDATION HOSPIT                                                         | Kaiser Foundation Hospitals                                                      | CUSIP: 48305QAF0<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |     707000 | PA      | $546086.80     | 0.00%             | 2041-06-01      | Fixed         | 2.81%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                                                         | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |     400000 | PA      | $369772.00     | 0.00%             | 2026-09-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 91282CDZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   41500000 | PA      | $39334218.75   | 0.19%             | 2025-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Webster Financial Corp                                                           | Webster Financial Corp                                                           | CUSIP: 947890AJ8<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | DBT              | CORP              | US        |     193000 | PA      | $181748.10     | 0.00%             | 2029-03-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138ETYW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      41505 | PA      | $40211.06      | 0.00%             | 2046-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                      | Oracle Corp                                                                      | CUSIP: 68389XBC8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     741000 | PA      | $711797.19     | 0.00%             | 2025-05-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| HAITONG INTL SECURITIES                                                          | Haitong International Securities Group Ltd                                       | CUSIP: 000000000<br>LEI: 549300Q1JC7X89PPGN26 | Long             | DBT              | CORP              | BM        |     200000 | PA      | $187050.00     | 0.00%             | 2025-05-18      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                                                  | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    1200000 | PA      | $907116.00     | 0.00%             | 2032-02-16      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| General Electric Co                                                              | General Electric Co                                                              | CUSIP: 36962G3P7<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |     715000 | PA      | $771670.90     | 0.00%             | 2038-01-14      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HIGH STREET FDG TRUST II                                                         | High Street Funding Trust II                                                     | CUSIP: 42981DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     405000 | PA      | $345991.50     | 0.00%             | 2048-02-15      | Fixed         | 4.68%                 | No            |                  2 | On Loan: —       |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 06418BAC2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |      10000 | PA      | $9736.10       | 0.00%             | 2024-03-11      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                                              | Bank of Nova Scotia/The                                                          | CUSIP: 064159QE9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     890000 | PA      | $833903.30     | 0.00%             | 2026-08-03      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179NTC2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      20582 | PA      | $19285.25      | 0.00%             | 2043-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                                | NatWest Group PLC                                                                | CUSIP: 639057AB4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     825000 | PA      | $654200.25     | 0.00%             | 2035-11-28      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                                            | Indonesia Government International Bond                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    1000000 | PA      | $995380.00     | 0.00%             | 2045-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135AQ9<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     871000 | PA      | $904324.46     | 0.00%             | 2044-12-05      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                                                           | Philip Morris International Inc                                                  | CUSIP: 718172CB3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     232000 | PA      | $219741.12     | 0.00%             | 2027-08-17      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                         | EQM Midstream Partners LP                                                        | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     330000 | PA      | $330910.80     | 0.00%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                                                                   | Clorox Co/The                                                                    | CUSIP: 189054AV1<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |     849000 | PA      | $801277.71     | 0.00%             | 2027-10-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                         | Western Midstream Operating LP                                                   | CUSIP: 958667AB3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     580000 | PA      | $553772.40     | 0.00%             | 2025-02-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Koninklijke Philips NV                                                           | Koninklijke Philips NV                                                           | CUSIP: 500472AC9<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | DBT              | CORP              | NL        |     410000 | PA      | $471963.30     | 0.00%             | 2038-03-11      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AIRPORT AUTHORITY HK                                                             | Airport Authority                                                                | CUSIP: 00946AAB0<br>LEI: 254900748HGC4RBR4O84 | Long             | DBT              | NUSS              | HK        |     400000 | PA      | $275332.00     | 0.00%             | 2051-02-04      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                          | Exxon Mobil Corp                                                                 | CUSIP: 30231GAZ5<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | DBT              | CORP              | US        |    1106000 | PA      | $850381.28     | 0.00%             | 2049-08-16      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL SPECIALTY F                                                         | Bain Capital Specialty Finance Inc                                               | CUSIP: 05684BAC1<br>LEI: 549300V2JL72R0EYBK64 | Long             | DBT              | CORP              | US        |     150000 | PA      | $131391.00     | 0.00%             | 2026-10-13      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810RG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1870000 | PA      | $1754878.13    | 0.01%             | 2044-05-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP                                                            | NGL Energy Operating LLC / NGL Energy Finance Corp                               | CUSIP: 62922LAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1440000 | PA      | $1367985.60    | 0.01%             | 2026-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                                          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GYK4<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     890000 | PA      | $665586.50     | 0.00%             | 2042-07-21      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY INDIANA LLC                                                          | Duke Energy Indiana LLC                                                          | CUSIP: 26443TAB2<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |     331000 | PA      | $246525.49     | 0.00%             | 2049-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                                                         | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBN3<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |     275000 | PA      | $273105.25     | 0.00%             | 2052-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DOHA FINANCE LIMITED                                                             | Doha Finance Ltd                                                                 | CUSIP: 000000000<br>LEI: 549300C2SXK7TLB4RX62 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $366732.00     | 0.00%             | 2026-03-31      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Koninklijke KPN NV                                                               | Koninklijke KPN NV                                                               | CUSIP: 780641AH9<br>LEI: 549300YO0JZHAL7FVP81 | Long             | DBT              | CORP              | NL        |     170000 | PA      | $201002.90     | 0.00%             | 2030-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc                                                               | Cenovus Energy Inc                                                               | CUSIP: 15135UAP4<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     505000 | PA      | $491274.10     | 0.00%             | 2037-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Electric Co                                                         | Pennsylvania Electric Co                                                         | CUSIP: 708696BZ1<br>LEI: O1PLQWO3TX952VMBJ146 | Long             | DBT              | CORP              | US        |     403000 | PA      | $371150.91     | 0.00%             | 2029-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QAXY1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     282854 | PA      | $288536.07     | 0.00%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RENAISSANCERE FINANCE                                                            | RenaissanceRe Finance Inc                                                        | CUSIP: 75973QAA5<br>LEI: 54930048ETFU7B0OJ457 | Long             | DBT              | CORP              | US        |     228000 | PA      | $216538.44     | 0.00%             | 2027-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179UPB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     146521 | PA      | $147355.74     | 0.00%             | 2049-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                                                     | Comcast Corp                                                                     | CUSIP: 20030NDQ1<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     863000 | PA      | $543111.79     | 0.00%             | 2062-08-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| WASHINGTON UNIVERSITY                                                            | Washington University/The                                                        | CUSIP: 940663AD9<br>LEI: 2V765680J33YAZOYW441 | Long             | DBT              | CORP              | US        |      99000 | PA      | $86368.59      | 0.00%             | 2122-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3132WFNV7<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |       8725 | PA      | $8342.82       | 0.00%             | 2046-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                                               | Panama Government International Bond                                             | CUSIP: 698299BF0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    1050000 | PA      | $1005438.00    | 0.00%             | 2028-03-17      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                                                               | Turkey Government International Bond                                             | CUSIP: 900123DB3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    1200000 | PA      | $1084044.00    | 0.01%             | 2026-01-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| HEALTHPEAK PROPERTIES                                                            | Healthpeak Properties Inc                                                        | CUSIP: 42250PAB9<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              |  | US        |     560000 | PA      | $486998.40     | 0.00%             | 2031-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CRH America Finance Inc                                                          | CRH America Finance Inc                                                          | CUSIP: 12636YAD4<br>LEI: 549300WEVUODRJ4CWK56 | Long             | DBT              | CORP              | US        |     305000 | PA      | $269519.35     | 0.00%             | 2048-04-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SKY LTD                                                                          | Sky Ltd                                                                          | CUSIP: 111013AL2<br>LEI: 2138003TS48MQKF4BZ29 | Long             | DBT              | CORP              | GB        |     866000 | PA      | $851096.14     | 0.00%             | 2024-09-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 21-1A EETC                                                          | American Airlines 2021-1 Class A Pass Through Trust                              | CUSIP: 02379KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     768819 | PA      | $631092.63     | 0.00%             | 2034-07-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3138EPG73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     365647 | PA      | $377794.46     | 0.00%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179TE27<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      89655 | PA      | $88443.04      | 0.00%             | 2047-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FOXCONN FAR EAST LTD                                                             | Foxconn Far East Ltd                                                             | CUSIP: 000000000<br>LEI: 254900NAQSPFDWVY8H73 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $337852.00     | 0.00%             | 2030-10-28      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                                              | Dollar General Corp                                                              | CUSIP: 256677AH8<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     363000 | PA      | $307355.73     | 0.00%             | 2050-04-03      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL LIFE                                                         | Northwestern Mutual Life Insurance Co/The                                        | CUSIP: 668138AE0<br>LEI: 1DU7IM20QESYGDO4HO54 | Long             | DBT              | CORP              | US        |     300000 | PA      | $228030.00     | 0.00%             | 2051-03-30      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| JPN BANK FOR INT'L COOP                                                          | Japan Bank for International Cooperation                                         | CUSIP: 471048CF3<br>LEI: 549300TJ3QFYVCTSCJ29 | Long             | DBT              | NUSS              | JP        |     435000 | PA      | $379733.25     | 0.00%             | 2029-10-17      | Fixed         | 2.00%                 | No            |                  2 | On Loan: —       |
| CARRIER GLOBAL CORP                                                              | Carrier Global Corp                                                              | CUSIP: 14448CAL8<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     145000 | PA      | $124772.50     | 0.00%             | 2031-02-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                                             | Bank of America Corp                                                             | CUSIP: 06051GJE0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    3832000 | PA      | $2829663.76    | 0.01%             | 2041-06-19      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                                           | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607HYF3<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |     540000 | PA      | $506968.20     | 0.00%             | 2024-10-18      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                                                            | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAR3<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |     498000 | PA      | $468503.46     | 0.00%             | 2034-11-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                                                         | Public Service Enterprise Group Inc                                              | CUSIP: 744573AN6<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |     348000 | PA      | $338315.16     | 0.00%             | 2024-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| EQUINOR ASA                                                                      | Equinor ASA                                                                      | CUSIP: 29446MAC6<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | DBT              | CORP              | NO        |     701000 | PA      | $550516.33     | 0.00%             | 2049-11-18      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QFUZ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    7074366 | PA      | $5994115.02    | 0.03%             | 2050-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HARTFORD FINL SVCS GRP                                                           | Hartford Financial Services Group Inc/The                                        | CUSIP: 416515BF0<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |     670000 | PA      | $533018.50     | 0.00%             | 2049-08-19      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| QVC INC                                                                          | QVC Inc                                                                          | CUSIP: 747262AY9<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     415000 | PA      | $314611.50     | 0.00%             | 2027-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Tanger Properties LP                                                             | Tanger Properties LP                                                             | CUSIP: 875484AJ6<br>LEI: PQPGJDNFN35EXH363L31 | Long             | DBT              |  | US        |     294000 | PA      | $271403.16     | 0.00%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                           | General Motors Financial Co Inc                                                  | CUSIP: 37045XCV6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    1228000 | PA      | $1171671.64    | 0.01%             | 2025-02-26      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                                                               | Grupo Televisa SAB                                                               | CUSIP: 40049JBB2<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |     195000 | PA      | $192197.85     | 0.00%             | 2026-01-30      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| KOMMUNALBANKEN AS                                                                | Kommunalbanken AS                                                                | CUSIP: 50048MCU2<br>LEI: I7ETN0QQO2AHZZGHJ389 | Long             | DBT              | NUSS              | NO        |     544000 | PA      | $506436.80     | 0.00%             | 2025-03-12      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| ZHEJIANG ENERGY INTL LTD                                                         | Zhejiang Energy International Ltd                                                | CUSIP: 000000000<br>LEI: 3003001GY0MK7Y7R9393 | Long             | DBT              | CORP              | HK        |     400000 | PA      | $359732.00     | 0.00%             | 2026-07-20      | Fixed         | 1.74%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                                                            | Encompass Health Corp                                                            | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     510000 | PA      | $467435.40     | 0.00%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QEY30<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1394275 | PA      | $1241168.96    | 0.01%             | 2050-09-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804GG3<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     250000 | PA      | $211215.00     | 0.00%             | 2032-03-30      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Synchrony Financial                                                              | Synchrony Financial                                                              | CUSIP: 87165BAG8<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    1075000 | PA      | $1045856.75    | 0.01%             | 2025-07-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHENGDU JINGKAI GUOTOU                                                           | Chengdu Economic & Technological Investment Group Co Ltd                         | CUSIP: 000000000<br>LEI: 549300TRNFCP44PFEO26 | Long             | DBT              | CORP              | CN        |     200000 | PA      | $195170.00     | 0.00%             | 2024-12-07      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                                | Eversource Energy                                                                | CUSIP: 30040WAK4<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     745000 | PA      | $598734.15     | 0.00%             | 2030-08-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 31292HVV3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     280471 | PA      | $286783.42     | 0.00%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140QPSF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    9999516 | PA      | $9388721.43    | 0.05%             | 2052-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SWIRE PROPERT MTN FIN                                                            | Swire Properties MTN Financing Ltd                                               | CUSIP: 000000000<br>LEI: 549300MYFUCWFUIC4803 | Long             | DBT              | CORP              | HK        |     600000 | PA      | $581982.00     | 0.00%             | 2026-01-13      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                                                           | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     260000 | PA      | $239270.20     | 0.00%             | 2028-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                                                           | Telecom Italia Capital SA                                                        | CUSIP: 87927VAM0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     795000 | PA      | $638067.00     | 0.00%             | 2034-09-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                                                    | Amphenol Corp                                                                    | CUSIP: 032095AK7<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     202000 | PA      | $191415.20     | 0.00%             | 2025-03-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DL9<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |     885000 | PA      | $824271.30     | 0.00%             | 2025-04-03      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | Energy Transfer LP                                                               | CUSIP: 29278NAR4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    1206000 | PA      | $1054743.48    | 0.01%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                                                                       | FedEx Corp                                                                       | CUSIP: 31428XBA3<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     794000 | PA      | $715203.44     | 0.00%             | 2035-02-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 31418ECU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   19091836 | PA      | $17368117.68   | 0.08%             | 2037-04-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| STATE GRID OVERSEAS INV                                                          | State Grid Overseas Investment BVI Ltd                                           | CUSIP: 000000000<br>LEI: 3003006V8BHG5158QO96 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $547068.00     | 0.00%             | 2025-08-05      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP                                                         | Chobani LLC / Chobani Finance Corp Inc                                           | CUSIP: 17027NAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     300000 | PA      | $274683.00     | 0.00%             | 2028-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CSX CORP                                                                         | CSX Corp                                                                         | CUSIP: 126408HR7<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     423000 | PA      | $326606.76     | 0.00%             | 2049-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC                                                           | Pacific Gas and Electric Co                                                      | CUSIP: 694308HS9<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     205000 | PA      | $189702.90     | 0.00%             | 2027-03-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP                                                                | Toyota Motor Corp                                                                | CUSIP: 892331AN9<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |     595000 | PA      | $517412.00     | 0.00%             | 2031-03-25      | Fixed         | 2.36%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC/WESTFIEL                                                         | WEA Finance LLC / Westfield UK & Europe Finance PLC                              | CUSIP: 92890HAC6<br>LEI: N/A                  | Long             | DBT              |  | US        |     847000 | PA      | $807775.43     | 0.00%             | 2024-09-17      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 9128283P3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   34510000 | PA      | $33248228.13   | 0.16%             | 2024-12-31      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                                                                 | BAT Capital Corp                                                                 | CUSIP: 05526DBX2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     300000 | PA      | $334776.00     | 0.00%             | 2032-10-19      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | United States Treasury Note/Bond                                                 | CUSIP: 912810SS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   42650000 | PA      | $27602546.88   | 0.13%             | 2050-11-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                                                   | Amazon.com Inc                                                                   | CUSIP: 023135BW5<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    1850000 | PA      | $1754891.50    | 0.01%             | 2024-05-12      | Fixed         | 0.45%                 | No            |                  2 | On Loan: No      |
| AG ISSUER LLC                                                                    | AG Issuer LLC                                                                    | CUSIP: 00119LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     375000 | PA      | $354378.75     | 0.00%             | 2028-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC                                                               | Cenovus Energy Inc                                                               | CUSIP: 15135UAW9<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     250000 | PA      | $208177.50     | 0.00%             | 2032-01-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                                                                       | Federal National Mortgage Association                                            | CUSIP: 3135G05G4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   10000000 | PA      | $9799500.00    | 0.05%             | 2023-07-10      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae I Pool                                                                | CUSIP: 3622AADS0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     936290 | PA      | $871040.44     | 0.00%             | 2047-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                                                           | Mid-America Apartments LP                                                        | CUSIP: 59523UAP2<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              |  | US        |     622000 | PA      | $607749.98     | 0.00%             | 2028-06-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CHINA RAILWAY XUNJIE                                                             | China Railway Xunjie Co Ltd                                                      | CUSIP: 000000000<br>LEI: 300300YS8XX94W7OT806 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $573216.00     | 0.00%             | 2026-07-28      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR                                                           | Millicom International Cellular SA                                               | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |     360000 | PA      | $333900.00     | 0.00%             | 2029-03-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                 | CUSIP: 026874DQ7<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     868000 | PA      | $826275.24     | 0.00%             | 2025-06-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO                                                         | Virginia Electric and Power Co                                                   | CUSIP: 927804FZ2<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     465000 | PA      | $449403.90     | 0.00%             | 2028-04-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140EUC64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     131217 | PA      | $125450.73     | 0.00%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Yara International ASA                                                           | Yara International ASA                                                           | CUSIP: 984851AF2<br>LEI: 213800WKOUWXWFJ5Z514 | Long             | DBT              | CORP              | NO        |     500000 | PA      | $478480.00     | 0.00%             | 2028-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                                            | Truist Financial Corp                                                            | CUSIP: 05531FBE2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     505000 | PA      | $495208.05     | 0.00%             | 2025-06-05      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                                                           | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     400000 | PA      | $399808.00     | 0.00%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818DV7<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     570000 | PA      | $563593.20     | 0.00%             | 2024-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC                                                             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAN0<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     305000 | PA      | $255882.80     | 0.00%             | 2031-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION                                                              | Rockwell Automation Inc                                                          | CUSIP: 773903AL3<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |     140000 | PA      | $114912.00     | 0.00%             | 2031-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| HUARONG FINANCE 2019                                                             | Huarong Finance 2019 Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300M6T6OW4AGYHK10 | Long             | DBT              | CORP              | VG        |     600000 | PA      | $575946.00     | 0.00%             | 2024-05-29      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                                                          | Walt Disney Co/The                                                               | CUSIP: 254687EX0<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     630000 | PA      | $633087.00     | 0.00%             | 2045-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT                                                         | Pattern Energy Operations LP / Pattern Energy Operations Inc                     | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     395000 | PA      | $362459.90     | 0.00%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Johns Hopkins University                                                         | Johns Hopkins University                                                         | CUSIP: 478115AB4<br>LEI: 549300Z1XKWYKTIOM958 | Long             | DBT              | CORP              | US        |     245000 | PA      | $220054.10     | 0.00%             | 2053-07-01      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                                                        | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C20                      | CUSIP: 61764RBD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4274133 | PA      | $4179279.95    | 0.02%             | 2048-02-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP                                                              | American International Group Inc                                                 | CUSIP: 026874DH7<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     578000 | PA      | $566220.36     | 0.00%             | 2026-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829BL0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     635000 | PA      | $681151.80     | 0.00%             | 2030-04-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                                                           | Arizona Public Service Co                                                        | CUSIP: 040555DC5<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     175000 | PA      | $110827.50     | 0.00%             | 2050-09-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                                                              | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     580000 | PA      | $501705.80     | 0.00%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                                                         | British Telecommunications PLC                                                   | CUSIP: 11102AAE1<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    1265000 | PA      | $1129860.05    | 0.01%             | 2029-11-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST SPL OBLG REVENUE                                                | CUSIP: 576004HE8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     805000 | PA      | $783186.92     | 0.00%             | 2029-07-15      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| GNL Quintero SA                                                                  | GNL Quintero SA                                                                  | CUSIP: 000000000<br>LEI: 549300JJJIQXE6E1QY27 | Long             | DBT              | CORP              | CL        |     458880 | PA      | $450959.73     | 0.00%             | 2029-07-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                            | Northrop Grumman Corp                                                            | CUSIP: 666807BH4<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    1262000 | PA      | $1236091.14    | 0.01%             | 2043-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF II                                                               | Pacific Life Global Funding II                                                   | CUSIP: 6944PL2J7<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |     925000 | PA      | $756576.00     | 0.00%             | 2032-01-11      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| G-III APPAREL GROUP LTD                                                          | G-III Apparel Group Ltd                                                          | CUSIP: 36237HAA9<br>LEI: 529900O5KABM3R3SFM87 | Long             | DBT              | CORP              | US        |     290000 | PA      | $275813.20     | 0.00%             | 2025-08-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                                           | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    1800000 | PA      | $1275570.00    | 0.01%             | 2047-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                                              | JPMorgan Chase & Co                                                              | CUSIP: 46647PBU9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    1135000 | PA      | $903868.60     | 0.00%             | 2031-11-19      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP                                                                          | CUSIP: 55336VAM2<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    1114000 | PA      | $1014508.66    | 0.00%             | 2038-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMC Networks Inc                                                                 | AMC Networks Inc                                                                 | CUSIP: 00164VAE3<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |     680000 | PA      | $577320.00     | 0.00%             | 2025-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc                                                                   | Bombardier Inc                                                                   | CUSIP: 097751BM2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     823000 | PA      | $823724.24     | 0.00%             | 2025-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                                           | Kazakhstan Government International Bond                                         | CUSIP: 000000000<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |    1000000 | PA      | $1006560.00    | 0.00%             | 2024-10-14      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140F5CD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     226824 | PA      | $210760.34     | 0.00%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC FIN CO                                                           | Global Atlantic Fin Co                                                           | CUSIP: 37959GAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     850000 | PA      | $736950.00     | 0.00%             | 2029-10-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                 | CUSIP: 373334KP5<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     293000 | PA      | $215800.36     | 0.00%             | 2051-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SINGTEL GROUP TREASURY                                                           | SingTel Group Treasury Pte Ltd                                                   | CUSIP: 000000000<br>LEI: 2549002FQJ4364A54N70 | Long             | DBT              | CORP              | SG        |     400000 | PA      | $387996.00     | 0.00%             | 2028-08-28      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Analog Devices Inc                                                               | Analog Devices Inc                                                               | CUSIP: 032654AN5<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |    1240000 | PA      | $1204015.20    | 0.01%             | 2026-12-05      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                                                       | Fannie Mae Pool                                                                  | CUSIP: 3140H36T8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     548187 | PA      | $559875.97     | 0.00%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TELSTRA CORP LTD                                                                 | Telstra Corp Ltd                                                                 | CUSIP: 87969NAD7<br>LEI: PCTXNQGRJVR3OG33JG65 | Long             | DBT              | CORP              | AU        |     735000 | PA      | $710708.25     | 0.00%             | 2025-04-07      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SUNNY EXPRESS                                                                    | Sunny Express Enterprises Corp                                                   | CUSIP: 000000000<br>LEI: 254900RHBSC69QS5NZ68 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $379568.00     | 0.00%             | 2025-04-23      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                                         | Toyota Motor Credit Corp                                                         | CUSIP: 89236TGL3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |     235000 | PA      | $225249.85     | 0.00%             | 2024-10-07      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Colonial Pipeline Co                                                             | Colonial Pipeline Co                                                             | CUSIP: 195869AQ5<br>LEI: 549300Y8RLCD6IQXIT35 | Long             | DBT              | CORP              | US        |     545000 | PA      | $474204.50     | 0.00%             | 2048-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITY 1 SUKUK LIMITED                                                            | Unity 1 Sukuk Ltd                                                                | CUSIP: 000000000<br>LEI: 549300WZ57IYQNVBCB12 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $372404.00     | 0.00%             | 2025-11-03      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP                                                              | Charles Schwab Corp/The                                                          | CUSIP: 808513BF1<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    1216000 | PA      | $1089122.56    | 0.01%             | 2026-03-11      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK                                                          | Inter-American Development Bank                                                  | CUSIP: 4581X0DN5<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | XX        |    1282000 | PA      | $1179991.26    | 0.01%             | 2025-07-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                                                                   | Home Depot Inc/The                                                               | CUSIP: 437076AU6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |     543000 | PA      | $586830.96     | 0.00%             | 2040-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Macquarie Group Ltd                                                              | Macquarie Group Ltd                                                              | CUSIP: 55608JAP3<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |    1123000 | PA      | $1108131.48    | 0.01%             | 2030-01-15      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                                                                 | Georgia Power Co                                                                 | CUSIP: 373334JS1<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     495000 | PA      | $474546.60     | 0.00%             | 2040-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV                                                         | Asian Infrastructure Investment Bank/The                                         | CUSIP: 04522KAB2<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | NUSS              | XX        |    2098000 | PA      | $1920928.80    | 0.01%             | 2025-05-28      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF ALBERTA                                                              | Province of Alberta Canada                                                       | CUSIP: 01306GAC7<br>LEI: LQPXMHHNJKIPJYE53543 | Long             | DBT              | NUSS              | CA        |     250000 | PA      | $233105.00     | 0.00%             | 2026-08-17      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                                             | Chart Industries Inc                                                             | CUSIP: 000000000<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |     855000 | PA      | $873399.60     | 0.00%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SYDNEY AIRPORT FINANCE                                                           | Sydney Airport Finance Co Pty Ltd                                                | CUSIP: 87124VAF6<br>LEI: 549300MJAANHLHOVTO40 | Long             | DBT              | CORP              | AU        |      15000 | PA      | $14234.70      | 0.00%             | 2026-04-28      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KT CORP                                                                          | KT Corp                                                                          | CUSIP: 000000000<br>LEI: 9884005ACF8449EANY26 | Long             | DBT              | CORP              | KR        |     400000 | PA      | $360376.00     | 0.00%             | 2025-09-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| HENGJIAN INTL INVT LTD                                                           | Hengjian International Investment Ltd                                            | CUSIP: 000000000<br>LEI: 3003009ZQDYGEQ6JXB25 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $183970.00     | 0.00%             | 2025-06-23      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3133BRKQ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1341807 | PA      | $1363121.38    | 0.01%             | 2052-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                                           | American Honda Finance Corp                                                      | CUSIP: 02665WCT6<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |     162000 | PA      | $160077.06     | 0.00%             | 2024-01-12      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Pool                                                                 | CUSIP: 3132D57D8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    3426226 | PA      | $3045008.96    | 0.01%             | 2036-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| BEACON ROOFING SUPPLY IN                                                         | Beacon Roofing Supply Inc                                                        | CUSIP: 073685AF6<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |     355000 | PA      | $338304.35     | 0.00%             | 2026-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AIA Group Ltd                                                                    | AIA Group Ltd                                                                    | CUSIP: 00131LAB1<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |    1390000 | PA      | $1344936.20    | 0.01%             | 2025-03-11      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES                                                            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150AS3<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |     594000 | PA      | $510798.42     | 0.00%             | 2030-02-04      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                                            | Wells Fargo & Co                                                                 | CUSIP: 95000U2X0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1570000 | PA      | $1533403.30    | 0.01%             | 2026-04-25      | Fixed         | 3.91%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                                                                | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     600000 | PA      | $221190.00     | 0.00%             | 2034-04-07      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                               | BMW US Capital LLC                                                               | CUSIP: 05565ECB9<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |     605000 | PA      | $562057.10     | 0.00%             | 2032-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: —       |
| COSL SINGAPORE CAPITAL                                                           | COSL Singapore Capital Ltd                                                       | CUSIP: 000000000<br>LEI: 300300WB9ZSCZYXDFJ80 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $197782.00     | 0.00%             | 2025-07-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                                                         | OCP SA                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MA        |     400000 | PA      | $398084.00     | 0.00%             | 2024-04-25      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WEST CHINA CEMENT LTD                                                            | West China Cement Ltd                                                            | CUSIP: 000000000<br>LEI: 529900MMG3NBTIWPPR63 | Long             | DBT              | CORP              | JE        |     400000 | PA      | $354212.00     | 0.00%             | 2026-07-08      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MALLINCKRODT FIN/SB                                                              | Mallinckrodt International Finance SA / Mallinckrodt CB LLC                      | CUSIP: 561233AK3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     235000 | PA      | $134727.85     | 0.00%             | 2029-06-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| TRANSURBAN FINANCE CO                                                            | Transurban Finance Co Pty Ltd                                                    | CUSIP: 89400PAG8<br>LEI: 54930081LPJMUMEA6E57 | Long             | DBT              | CORP              | AU        |     235000 | PA      | $219647.45     | 0.00%             | 2027-03-22      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Oztel Holdings SPC Ltd                                                           | Oztel Holdings SPC Ltd                                                           | CUSIP: 000000000<br>LEI: 549300RABIG0RH4JYT64 | Long             | DBT              | CORP              | AE        |     450000 | PA      | $467910.00     | 0.00%             | 2028-04-24      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 902613AU2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    1000000 | PA      | $1012470.00    | 0.00%             | 2027-01-12      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                                                          | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     530000 | PA      | $432628.40     | 0.00%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                                                | Sysco Corp                                                                       | CUSIP: 871829AZ0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     389000 | PA      | $379481.17     | 0.00%             | 2025-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CONTL AIRLINES 2012-2 A                                                          | Continental Airlines 2012-2 Class A Pass Through Trust                           | CUSIP: 210795QB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     331210 | PA      | $318104.28     | 0.00%             | 2024-10-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                                                         | Uruguay Government International Bond                                            | CUSIP: 760942AZ5<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     353333 | PA      | $353418.14     | 0.00%             | 2024-08-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| MAJORDRIVE HOLDINGS IV L                                                         | MajorDrive Holdings IV LLC                                                       | CUSIP: 56085RAA8<br>LEI: 25490044R1FR5N8FIT62 | Long             | DBT              | CORP              | US        |     345000 | PA      | $272529.30     | 0.00%             | 2029-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| STATE GRID OVERSEAS INV                                                          | State Grid Overseas Investment BVI Ltd                                           | CUSIP: 000000000<br>LEI: 3003006V8BHG5158QO96 | Long             | DBT              | CORP              | VG        |     400000 | PA      | $355416.00     | 0.00%             | 2026-09-08      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                                                                 | Societe Generale SA                                                              | CUSIP: 83368RBD3<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     760000 | PA      | $619164.40     | 0.00%             | 2032-06-09      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| Government of Jamaica                                                            | Jamaica Government International Bond                                            | CUSIP: 470160CB6<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |    1200000 | PA      | $1402308.00    | 0.01%             | 2045-07-28      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                                                   | Lowe's Cos Inc                                                                   | CUSIP: 548661DR5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     978000 | PA      | $925647.66     | 0.00%             | 2029-04-05      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                              | Petroleos Mexicanos                                                              | CUSIP: 71654QBR2<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     875000 | PA      | $591115.00     | 0.00%             | 2045-01-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| NATIONAL SECS CLEARING                                                           | National Securities Clearing Corp                                                | CUSIP: 637639AH8<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |    1335000 | PA      | $1365251.10    | 0.01%             | 2027-11-21      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| BALTIMORE GAS & ELECTRIC                                                         | Baltimore Gas and Electric Co                                                    | CUSIP: 059165EP1<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |     305000 | PA      | $287505.20     | 0.00%             | 2052-06-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BARRICK NA FINANCE LLC                                                           | Barrick North America Finance LLC                                                | CUSIP: 06849RAK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     416000 | PA      | $452283.52     | 0.00%             | 2043-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI                                                               | Braskem Idesa SAPI                                                               | CUSIP: 000000000<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |     800000 | PA      | $659816.00     | 0.00%             | 2029-11-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XFG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   33229997 | PA      | $32280307.40   | 0.15%             | 2052-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SCHLUMBERGER HLDGS CORP                                                          | Schlumberger Holdings Corp                                                       | CUSIP: 806851AH4<br>LEI: 529900IKZG65COT1D505 | Long             | DBT              | CORP              | US        |     885000 | PA      | $855644.55     | 0.00%             | 2029-05-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                                      | Cargill Inc                                                                      | CUSIP: 141781BR4<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |    1130000 | PA      | $837363.90     | 0.00%             | 2051-05-25      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| PSA TREASURY PTE LTD                                                             | PSA Treasury Pte Ltd                                                             | CUSIP: 000000000<br>LEI: 254900X7FR3V7789SL36 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $188374.00     | 0.00%             | 2026-04-12      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS Group AG                                                                     | CUSIP: 90351DAB3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    1345000 | PA      | $1317548.55    | 0.01%             | 2025-09-24      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| UPC BROADBAND FINCO BV                                                           | UPC Broadband Finco BV                                                           | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |     930000 | PA      | $817935.00     | 0.00%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| KKR GROUP FIN CO X LLC                                                           | KKR Group Finance Co X LLC                                                       | CUSIP: 48255BAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     125000 | PA      | $84862.50      | 0.00%             | 2051-12-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ROSS STORES INC                                                                  | Ross Stores Inc                                                                  | CUSIP: 778296AF0<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | DBT              | CORP              | US        |     637000 | PA      | $566840.82     | 0.00%             | 2026-04-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                                             | WR Grace Holdings LLC                                                            | CUSIP: 92943GAD3<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |     560000 | PA      | $522485.60     | 0.00%             | 2027-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                           | UnitedHealth Group Inc                                                           | CUSIP: 91324PAX0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     610000 | PA      | $712894.80     | 0.00%             | 2037-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                                               | Union Pacific Corp                                                               | CUSIP: 907818DR6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     670000 | PA      | $661859.50     | 0.00%             | 2024-02-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| MINMETALS BOUNTEOUS FIN                                                          | Minmetals Bounteous Finance BVI Ltd                                              | CUSIP: 000000000<br>LEI: 3003005FATJ63Y0MR949 | Long             | DBT              | CORP              | VG        |    1000000 | PA      | $973030.00     | 0.00%             | 2026-07-27      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN                                                         | Piedmont Operating Partnership LP                                                | CUSIP: 720198AE0<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              |  | US        |     150000 | PA      | $117897.00     | 0.00%             | 2030-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| CUBESMART LP                                                                     | CubeSmart LP                                                                     | CUSIP: 22966RAJ5<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |     655000 | PA      | $528886.30     | 0.00%             | 2032-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| UNION ELECTRIC CO                                                                | Union Electric Co                                                                | CUSIP: 906548CS9<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     155000 | PA      | $106285.05     | 0.00%             | 2051-03-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                                                          | Simon Property Group LP                                                          | CUSIP: 828807DH7<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |     710000 | PA      | $517462.20     | 0.00%             | 2049-09-13      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Aetna Inc                                                                        | Aetna Inc                                                                        | CUSIP: 00817YAM0<br>LEI: 549300QKBENKLBXQ8968 | Long             | DBT              | CORP              | US        |     790000 | PA      | $685451.40     | 0.00%             | 2042-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                                           | Federal Home Loan Banks                                                          | CUSIP: 3130AGWK7<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     150000 | PA      | $143449.50     | 0.00%             | 2024-08-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                                                     | US Foods Inc                                                                     | CUSIP: 90290MAC5<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     664000 | PA      | $664863.20     | 0.00%             | 2025-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PT PERTAMINA (PERSERO)                                                           | Pertamina Persero PT                                                             | CUSIP: 69370RAE7<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |    1100000 | PA      | $941710.00     | 0.00%             | 2049-07-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                                                         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 637432NT8<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     396000 | PA      | $355314.96     | 0.00%             | 2049-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SWIRE PACIFIC MTN FIN                                                            | Swire Pacific MTN Financing Ltd                                                  | CUSIP: 000000000<br>LEI: 549300B8O4ENACYK5559 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $584004.00     | 0.00%             | 2024-07-05      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TEREX CORP                                                                       | Terex Corp                                                                       | CUSIP: 880779BA0<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |     375000 | PA      | $350077.50     | 0.00%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                                                         | Capital One Financial Corp                                                       | CUSIP: 14040HCE3<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     844000 | PA      | $807513.88     | 0.00%             | 2027-05-11      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                                                      | Freddie Mac Gold Pool                                                            | CUSIP: 3128P8GW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       3288 | PA      | $3238.61       | 0.00%             | 2038-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Humana Inc                                                                       | Humana Inc                                                                       | CUSIP: 444859BF8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     986000 | PA      | $963164.24     | 0.00%             | 2027-03-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JOY TRSR ASSETS HLD                                                              | Joy Treasure Assets Holdings Inc                                                 | CUSIP: 000000000<br>LEI: 2549002TXU15P8D3F498 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $160424.00     | 0.00%             | 2030-11-17      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                                         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AG6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     393000 | PA      | $391337.61     | 0.00%             | 2025-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| KOREA HYDRO & NUCLEAR PO                                                         | Korea Hydro & Nuclear Power Co Ltd                                               | CUSIP: 000000000<br>LEI: 9884008CRY5MLCN8OQ43 | Long             | DBT              | NUSS              | KR        |     600000 | PA      | $575892.00     | 0.00%             | 2025-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FOXCONN FAR EAST LTD                                                             | Foxconn Far East Ltd                                                             | CUSIP: 000000000<br>LEI: 254900NAQSPFDWVY8H73 | Long             | DBT              | CORP              | KY        |     800000 | PA      | $725512.00     | 0.00%             | 2025-10-28      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| FUQING INVESTMENT MGMT                                                           | Fuqing Investment Management Ltd                                                 | CUSIP: 000000000<br>LEI: 30030006LHSKVYVEXO75 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $159820.00     | 0.00%             | 2025-06-23      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                                         | Ginnie Mae II Pool                                                               | CUSIP: 36179XDE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   29147838 | PA      | $28935367.56   | 0.14%             | 2052-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Colgate-Palmolive Co                                                             | Colgate-Palmolive Co                                                             | CUSIP: 19416QEK2<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | DBT              | CORP              | US        |     655000 | PA      | $602521.40     | 0.00%             | 2047-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                                                      | Walmart Inc                                                                      | CUSIP: 931142EU3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    1170000 | PA      | $895833.90     | 0.00%             | 2041-09-22      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer